Ecto price is concerning you too?

Sir Skullcrasher

Sir Skullcrasher

Furnace Stoker

Join Date: Jun 2005

California

15 over 50 [Rare]

W/Mo

Poor ectos, it's now at 6k and might drops to 5k by end of this weekend!

Dzan

Wilds Pathfinder

Join Date: May 2005

The Black Dye Cartel

Quote:
Originally Posted by Curse You
Here's a situation.
The government (not the federal reserves, I know) enacts a new law requiring all businesses to reduce their waste output by some amount (I'm making this up, don't expect real numbers). One of the large businesses is unable to comply with the new law, and so they are required to shut down. As a result, anyone with stocks in that company loose money.
Now, from that, you can see that there is some higher power that can impact the real economy.
Agreed but here is one even closer to GW...

The Federal Reserve decides to decrease the lending cap (loot scaling) in order to deflate the economy (gold is worth more and harder to get) and as a result commodity prices drop (ecto decreases in price.)

Croco Clouds

Croco Clouds

Wilds Pathfinder

Join Date: Mar 2007

Montreal, QC, Canada

Divine Illumination [LaZy]

E/A

This is very discouraging, i haven't farm any ecto since the HM update...

Look at the price right now, 6K... I hope the price will be raise to 10k again so that it's worthy to farm ectos

6am3 Fana71c

6am3 Fana71c

Krytan Explorer

Join Date: Oct 2006

...and i hope they never go above 6K, and people start playing UW for the heck of it, not for farming

Malice Black

Site Legend

Join Date: Oct 2005

Quote:
Originally Posted by 6am3 Fana71c
...and i hope they never go above 6K, and people start playing UW for the heck of it, not for farming
You're joking right? the only reason the UW isn't totally empty is ecto farming. Those that wanted to quest there did it a long time a go when UW was considered a challenge. UW/FoW exsist because farming still does, without farming those areas would be desolate.

shadowmist

Academy Page

Join Date: Feb 2006

Sanctity of Shadows

N/Me

Well, ectos were never intended to be extra cash, so yeah. Those that used ectos as cash hopefully were smart enough to realize the risk of using ectos for that purpose. As for me? I don't trust anything that fluctuates as much as material prices has done, so I've never used it for cash.

Ludo

Ludo

Academy Page

Join Date: May 2007

Well, indeed, ecto's weren't meant to be used as extra cash. It's all due to the silly cash limit on our accounts. (i'm no where near that limit myself). So people max'ed out their accounts and a suitable material was chosen as currency. As long as Anet isnt directly determining the price of ecto's it's cool. They rise and fall and rise, whatever. They are matched against things which do not rise and fall in price, and this is the problem. (15k armor and the like). If Ecto's crashed, like from 6k to 1k, I'm sure we'd have some problems. (not in game, but in "support") ;p

SlippyJack

SlippyJack

Academy Page

Join Date: Dec 2006

Clan Dethryche [dth]

W/R

Quote:
Originally Posted by -Loki-
I could pretend that I care, but I don't.
Then why post... ?

Same goes to the "why should I care" people too...

Ouchie

Krytan Explorer

Join Date: Jan 2007

[Leet]

R/

Quote:
Originally Posted by SlippyJack
Then why post... ?

Same goes to the "why should I care" people too...
The title of the thread is set up as a question so people are answering. Saying no I am not concerned, or I really don't care is an answer.

My answer to the question is

No, the price of ectos is not concerning me at this time

Kool Pajamas

Kool Pajamas

Forge Runner

Join Date: Aug 2005

Maryland

Mage Elites [MAGE]

I hope they drop to 100g. Then I can get me some FoW armor.

byteme!

byteme!

Forge Runner

Join Date: Jan 2006

On Earth

W/P

Quote:
Originally Posted by SlippyJack
Then why post... ?

Same goes to the "why should I care" people too...
I think you mis-read the title on your way in.

My response to the title:

I don't care and it doesn't concern me. It's a game. I'll live.

vdz

Frost Gate Guardian

Join Date: Nov 2006

Quote:
Originally Posted by 6am3 Fana71c
...and i hope they never go above 6K, and people start playing UW for the heck of it, not for farming
1: You just started playing GW
2: You're joiking
3: You're weird


Which one?

The Herbalizer

The Herbalizer

<3 Ecto

Join Date: Jul 2005

Quote:
Originally Posted by Kool Pajamas
I hope they drop to 100g. Then I can get me some FoW armor.
If you are serious then you are one of the people who are ruining Guild Wars.

Anet i needz a 15>50 cristaline r8 4 cheap as i dnt grnd in gw!!!!!!!!one!!!!!!!!!!!eleventyone!!!!!!!!!!!!!!

Malice Black

Site Legend

Join Date: Oct 2005

Hey Herb

Valid point there, but you know just as well as I do that most people don't care about such things anymore. Even the old hardcore farmers are jumping on the bandwagon of "GW is for playing not selling" etc etc

Gone is the 2005 era of good money and decent players.

warren_kn

warren_kn

Wilds Pathfinder

Join Date: May 2005

London, England

Quote:
Originally Posted by Malice Black
Hey Herb

Valid point there, but you know just as well as I do that most people don't care about such things anymore. Even the old hardcore farmers are jumping on the bandwagon of "GW is for playing not selling" etc etc

Gone is the 2005 era of good money and decent players.
This is not a criticism so don't take it as such but, are you saying that the decent players are those that farmed? Are you also saying that playing GW is a fad that we should all get over and just get back to farming?

Malice Black

Site Legend

Join Date: Oct 2005

Quote:
Originally Posted by warren_kn
This is not a criticism so don't take it as such but, are you saying that the decent players are those that farmed? Are you also saying that playing GW is a fad that we should all get over and just get back to farming?
No. I believe that the current generation of GW players are seriously lacking compared to the older generation. This is from my personal view so take it as it is.

ArKaiN

Jungle Guide

Join Date: Jan 2007

Lotus Branca[Lbr]

Mo/Me

First of all, people posting "Nope, don't care" should learn the value of just shutting up.
Second, the "you don't need 15k armor" discussion is retarded.

Every time you buy something for a large amount of money, then see it for half that amount the next day, you're going to be pissed. The idiots posting "Nobody told you you should even have ectos in the first place!" should consider how angry they'd get if their most expensive item was suddenly worthless.
The reason people invest in ecto IS it's high value. You can only keep a mil in cash in your storage, and there will always be items worth more than 100k.
Why is ecto dropping so fast? Bot farming. Why are bots farming ecto? Because of the HM patch. So why does this concern you? Because it's a display of how fragile GW's economy is, and the massive economic problems the HM patch brought.
Before you post "screw you, rich people", stop for a minute and think.

vdz

Frost Gate Guardian

Join Date: Nov 2006

Quote:
Originally Posted by Malice Black
No. I believe that the current generation of GW players are seriously lacking compared to the older generation. This is from my personal view so take it as it is.
QFT all the way. I’ve been playing since mid 2005 and it definitely was much more fun back then. ANET saying there are more players these days because of their great updates *sarcasm* is very funny and a terrible argument to state there is nothing wrong with the updates. I say your marketing team did a very good job, new players don’t know how it used to be so they have nothing to complain. Well wouldn’t that be great for ANET since Gaile Gray showed she cant stand criticism.

Malice Black

Site Legend

Join Date: Oct 2005

Valid point BUT most the people on here don't care. Cheaper items = happy times for the average gamer. Since this game is aimed at the average gamer...as for me, I gave away everything I own (yet again) going to restart on my second account just to past time until more interesting games arrive.

Star Gazer

Star Gazer

Wilds Pathfinder

Join Date: Nov 2005

Zerohour Enterprises [ZHE]

W/

agreed. this game has been slowly decaying since the release of factions. I loved the old days...when stuff didnt scatter, when griffons were meant to be killed like turkeys on thanksgiving...and best of all, there was a sense of community and people who actually played good. Now, these 12 year old punks get guild wars for their birthday, come in and start whining and complaining about getting ecto down to 100g? i mean wtf. do you want everything handed to you? ok, so you get your 'fissure armor' (which btw, all look like ass), what next? do you want a max tormented shield for 100g too? how about a req9 elemental sword? start trying to earn something. you 'people' are the ones who ruined the current loot system by complaining 'oh em gee, i dun h4v monE four a Magor Viggor. Give it to me cheep plz!~'. start EARNING what you get.

ArKaiN

Jungle Guide

Join Date: Jan 2007

Lotus Branca[Lbr]

Mo/Me

Quote:
Originally Posted by Star Gazer
agreed. this game has been slowly decaying since the release of factions. I loved the old days...when stuff didnt scatter, when griffons were meant to be killed like turkeys on thanksgiving...and best of all, there was a sense of community and people who actually played good. Now, these 12 year old punks get guild wars for their birthday, come in and start whining and complaining about getting ecto down to 100g? i mean wtf. do you want everything handed to you? ok, so you get your 'fissure armor' (which btw, all look like ass), what next? do you want a max tormented shield for 100g too? how about a req9 elemental sword? start trying to earn something. you 'people' are the ones who ruined the current loot system by complaining 'oh em gee, i dun h4v monE four a Magor Viggor. Give it to me cheep plz!~'. start EARNING what you get.
Make up your mind.
First, you say everything was beautiful in the old days, when you could farm griphons and they threw golds at you. Back when a Superior healing rune was worth 66k.
Then you say you hate the 12 year olds that complain that ecto's cheap now.
Then you go back to "Stuff should be expensive".

Inari

Frost Gate Guardian

Join Date: Oct 2005

Israel

I so miss the days that I actually played and didnt get anything. I actually played... Wow, those days look so far away...
I used to play alot, but now, that items lose their rarity so fast, there is so much for the replay valuse of missions. Sure, we still have titles, but as far as Im concerned, titles in a game that doesnt make people with titles any more special than they should, are worthless.

I always thought that having item, which are rare and expansive, are far better suited as a cause to play for, than titles.
Because we actually used those items. Playing hard for that sword or axe that actually kill, or for that suit of armor that actually protects - instead of playing hard for that useless titles like wisdom or sunspear...

Ectos dropping in price is just because stuff was made less and less rare like the collosal scimi. Games like this thrive on items and economy, because ppl thrive on these aswell. I always feared the day I would get a fissure set for my ele, cause I thought "what now...". SO I spent all my ectos on items for my war.

Think about that when you finished all missiones 10 times and with all items you wanted.

Loviatar

Underworld Spelunker

Join Date: Feb 2005

[QUOTE]
Quote:
Originally Posted by vdz
QFT all the way. I’ve been playing since mid 2005 and it definitely was much more fun back then.
and i started in early beta and it was much more fun then before the eliteist hardcore farmers got established.
Quote:
ANET saying there are more players these days because of their great updates *sarcasm* is very funny and a terrible argument to state there is nothing wrong with the updates.
considering that these additional new buyers are having fun and not simply quitting speaks volumes.

people are having fun playing.
Quote:
I say your marketing team did a very good job, new players don’t know how it used to be so they have nothing to complain.
the reason i have so little sympathy for the ecto price drop is simple.

the very people who are upset over the price drop are the very same (mostly) people who...........

1. opposed the rune trader because it would wreck farmers income

2. opposed guaranteed rune salvage as wrecking farmers income

3. opposed the drop rate increase on superior absorb/superior vigor runes (100k/70k) because were the last runes worth farming .

4. opposed any change making more items affordable to the casual players who make up the vast majority of players.

vdz

Frost Gate Guardian

Join Date: Nov 2006

Quote:
considering that these additional new buyers are having fun and not simply quitting speaks volumes.
not volumes. they might like it but they dont know it could be X times better.

Quote:
4. opposed any change making more items affordable to the casual players who make up the vast majority of players.
I dont know how you started this game but i was satisfied with my starters sword and i didnt want the best of the best at the start. Heck i didnt even know how all the dmg mods worked. After i played a while and made plenty of gold by just following the story line i got enough money to buy my first 15k armor. Next to that i was able to buy 15^50 swords both blue/greens/golds. It is affordable by playing the game normally, you dont HAVE to farm. There is no difference in a req.12 15^50 Sword vs req.7 15^50 Sword. They both deal the same amount of dmg but one is rare and the other isnt. You want the rare one? Go work for it. So there is no advantage for rich ppl above the casual player, the only difference is that the rich guy got some rares. Rares which are very easy to get even for a casual player when he does his/here best for it.
When im applying for a new job in a certain company i wont take the directors seat from the start. I will work my way up. This mentality of wanting allot for nothing gets no sympathy from me.

Sir Skullcrasher

Sir Skullcrasher

Furnace Stoker

Join Date: Jun 2005

California

15 over 50 [Rare]

W/Mo

I wonder when rubies, sapphires and diamonds will drop in prices?

Yaga Philipe

Yaga Philipe

Frost Gate Guardian

Join Date: Mar 2007

Insanity

Vis Decus Vertus [vDv]

R/

Doesn't concern me one bit. Why would it? I don't really care about the market, I care about having fun.

WarKaster

WarKaster

Lion's Arch Merchant

Join Date: Dec 2006

Los Angeles

SlingBlades

D/Mo

Quote:
Originally Posted by Sir Skullcrasher
I wonder when rubies, sapphires and diamonds will drop in prices?
When GW:EN is released and everyone who has been hording them realizes that you don't need them to craft armor and some other rare material will be needed.

Kayleen Ajzurion

Kayleen Ajzurion

Banned

Join Date: Nov 2006

E/Me

I didn't really notice ectos had gone down in price. then again, I never really pay attention to ectos since I've never even had to use them

I agree with the people saying that this is't that big a problem. I mean, ectos are "replacement gold" true, but I always found the concept of actually needing replacement gold a bit silly. I mean, 100k + items are really expensive and if there are actually items that are worth 1000k+ then wowzers, inflation really has killed the game

On another note, there would be an easy(but yet VERY difficult) solution to using ectos as replacement currency: trust. If you could trust the buyer to give you 2 payments(or more) at slashes of 100k, then we wouldn't need ectos. The big problem is, alot of people are jerks(and it's worse in the online world sadly) so trust is something very rare in game. But wouldn't it be nice though? ^_^ BUt I must be too naïve >.< To actually be able to believe in another person's good will? Sadly even in the real world trust is very rare these days, too many people so you know not that many >.<

Conclusion, well umm I forgot the main point but the fact is, ectos went down in price, is that going to kill anybody? Seriously here, sure some people will get "poorer" and won't be able to afford the (pardon my speech) "leet uber" items they wanted but is that going to kill anyone?

Just my opinion though

Kay

Kool Pajamas

Kool Pajamas

Forge Runner

Join Date: Aug 2005

Maryland

Mage Elites [MAGE]

Quote:
Originally Posted by The Herbalizer
If you are serious then you are one of the people who are ruining Guild Wars.

Anet i needz a 15>50 cristaline r8 4 cheap as i dnt grnd in gw!!!!!!!!one!!!!!!!!!!!eleventyone!!!!!!!!!!!!!!
How am i ruining guild wars? I just said i hope they go down. I didnt say "ANET MAKE ECTO DROP MORE AND MORE AND MORE SO I CAN GET THE CHEAP!!111!1!!!!11!!"

If they dont go down then they dont go down. The people that think they need to have the rarest of the rare stuff are ruining it more because they are wasting Anets time dealing with that instead of more important things.

fb2000

Desert Nomad

Join Date: Apr 2006

I do have to admit there were much more nice (and with a better understanding of teh game) guys back when i started (and I did miss the cool first days of gw >_<).
seems to be full to the brim with weirdos with huge egos these days, its actually funny

ps loviatar..
..

Ghull Ka

Ghull Ka

Wilds Pathfinder

Join Date: Jul 2005

Seattle, WA

Grenths Helpdesk

N/

Quote:
Originally Posted by Amorfati87
And finally, want to know why the price is dropping? Obviously people have sold tremendous amounts of ectos back to merchants lately. Don't blame Anet for prices dropping, blame your fellow fat cats for making the bottom drop out of the market. And further blame them for not keeping you in the loop about the sell off.
Bolded for emphasis and QFT.

Everyone upset about ecto prices right now wouldn't have been upset if they'd have sold them when all those other people dumped theirs. But in the dog-eat-dog world of commodity trading, nobody passes around a memo that says "hey let's all sell our ectos gang!" Rather, people think to themselves "I need to SELL NOW before other people do while the price is still high".

Cheers to those who sold early. Sorry to those that haven't.

And to all who play the commodity speculation game: If you don't like to lose, then don't gamble. (i hate losing so i don't play the ecto market)

fabiola

fabiola

Lion's Arch Merchant

Join Date: Jun 2006

Expect further drops after todays update which added uw scrolls to uw drops.

Radiuju

Ascalonian Squire

Join Date: Feb 2006

A/N

Alright, Alright. Stop whining or go play WOW or Maplestory and grind to your grave, if you want to make people jealous or feel leet.

FOW is supposed to be a self-accomplishment. The prices dropped, and that's okay. Deal with it. FOW is still far more expensive than Ascended armour. It still takes work. They're not going to drop to 2k that easily.

I feel that when people complain about ectos dropping in price, they are upset because they don't want other people to have FOW. If that's the way anyone feels, screw you, it's not your say. Armor doesn't decide your skill.

I've seen some real IDIOTS in FOW armor.

As for using Ectos for Currency, Lockpicks are a much more stable choice.

You don't need to be rich in this game to enjoy it.

Malice Black

Site Legend

Join Date: Oct 2005

Quote:
Originally Posted by Radiuju
Alright, Alright. Stop whining or go play WOW or Maplestory and grind to your grave, if you want to make people jealous or feel leet.

FOW is supposed to be a self-accomplishment. The prices dropped, and that's okay. Deal with it. FOW is still far more expensive than Ascended armour. It still takes work. They're not going to drop to 2k that easily.

I feel that when people complain about ectos dropping in price, they are upset because they don't want other people to have FOW. If that's the way anyone feels, screw you, it's not your say. Armor doesn't decide your skill.

I've seen some real IDIOTS in FOW armor.

As for using Ectos for Currency, Lockpicks are a much more stable choice.

You don't need to be rich in this game to enjoy it.
Your starting arugment of "go play WoW" invalidates your claim to post.

The Herbalizer

The Herbalizer

<3 Ecto

Join Date: Jul 2005

Quote:
Originally Posted by Radiuju
Alright, Alright. Stop whining or go play WOW or Maplestory and grind to your grave, if you want to make people jealous or feel leet.

FOW is supposed to be a self-accomplishment. The prices dropped, and that's okay. Deal with it. FOW is still far more expensive than Ascended armour. It still takes work. They're not going to drop to 2k that easily.

I feel that when people complain about ectos dropping in price, they are upset because they don't want other people to have FOW. If that's the way anyone feels, screw you, it's not your say. Armor doesn't decide your skill.

I've seen some real IDIOTS in FOW armor.

As for using Ectos for Currency, Lockpicks are a much more stable choice.

You don't need to be rich in this game to enjoy it.
Your post fails as you clearly dont have a clue about WoW.

One of the reasons I dont play WoW anymore is gold was for me way too easy to make. I was only level 16 on my two characters on Horde and Alliance servers yet had more gold than some of my friends who are level 40 + have. Auction House FTW. Intelligence FTW. Your post FTL. For me the only problem in WoW was levelling but that is because I was impatient and was annoyed at being able to buy Epic weapons and mounts yet I was no way near the level required. In my honest opinion for me making gold in WoW is easier than making gold in Guild Wars.

Quote:
Originally Posted by Malice Black
Your starting arugment of "go play WoW" invalidates your claim to post.
It does. Especially because more than likey he hasnt played WoW or did and sucked at making gold in it.