Ectos - how low they go.
fabiola
Ectos are at trader for 4.9k right now. It sustained 5.5k for a long time but the 5k barrier has been broken, a record low for the year. Time to find a new investment or ride it out? What would be a good alternative? Perhaps the best anwer will apear after gwen release, but then it could be too late.
Cacheelma
When will it go down to 1k?
Firebaall
Have you seen the price of Jade or Amber? Get ready. 
Neo Nugget
i hope it stays that way. FoW is half as expensive
Tea Girl
try rubies and sapphires i guess
I pwnd U
Just think about all those people that got FoW when Ecto was 16k. Bet they are kicking themselves right now. 
JONO51
Well i doubt they will rise unless ANet decide to realease a new set of FoW for some proffesions. No new FoW means not as many people buying, too much going in without demand etc, you know what its like.
against
It's not just that Ectos are increasingly common. Ectos still trade at the same quantity for items. Like a rare weapon skin stays at the 100K+XX Ecto value no matter the price of the Ecto. I think gold is more valuable than it was a few months ago and that's an increasing factor in the price drop of Ecto.
Brianna
I hope ecto stays this low, or goes lower, It's actually nice for a change to get FoW for cheap after grinding so much for it in the past.
Sentience
[s]Use Festival Tickets to store extra gold, 15gp always![/sarcasm]
Evilsod
Meh, i should've sold my ectos months ago... its too late now so i might aswell just wait and see. Maybe the price will randomly go up...
Jason Xll
It always was and always should be ecto imo... However if they do continue dropping after the release of GW:EN (which i doubt) diamonds would be the best alternative...
Chthon
Ectos have exactly 1 use, FoW armor, and most of the people who want it either already have it or decided some of the newer vanity armors like vabbian look better anyway. As a result, demand is constantly falling, so price is falling.
Solution: Prop up demand with a new use for ectos. I, for one, would love to see a crafter who would make inscribable storm bows, chaos axes, eternal shields, etc out of ectos. Could probably boost the demand for some of the "loser" rare materials like spirit wood by including them in the recipe.
Solution: Prop up demand with a new use for ectos. I, for one, would love to see a crafter who would make inscribable storm bows, chaos axes, eternal shields, etc out of ectos. Could probably boost the demand for some of the "loser" rare materials like spirit wood by including them in the recipe.
Navaros
Anti-farm code was taken off Ectos and it looks like it ain't ever coming back.
For that reason I predict eventually Ectos will be at Amber and Jade prices.
For that reason I predict eventually Ectos will be at Amber and Jade prices.
Frostlight
Forget the auction house, Anet should implement a broker so I can short sell ectos.
Unlucky Slayer
Go go 500g ectos!
Porkchop Sandwhiches
It's more than just ectos. Prices for everything are down. I believe it all started with the farming changes they made to white items and cash drops. Now everyone has to farm rare items because they don't fall under the same farm code. So, there are more of them being farmed than there used to be.
I saw that first hand with titan gems, they were at 65k+ before the changes, then they dropped and kept droppping fast as more people started to farm them, now they are 25k or lower. It's funny watching how many monks and rangers are running out the door in DOA when it's busy now.
Hopefully GWEN will have something decent to sell.
It sucks being poor.
I saw that first hand with titan gems, they were at 65k+ before the changes, then they dropped and kept droppping fast as more people started to farm them, now they are 25k or lower. It's funny watching how many monks and rangers are running out the door in DOA when it's busy now.
Hopefully GWEN will have something decent to sell.
It sucks being poor.
Willow O Whisper
i guess it can go down to 100g if it keeps dropping this way, but lets see.
placebo overdose
because there will be 4 pairs of new armor i thought that one would be like vabbian and have an obscure cost consisting of diamonds, ectos, and shards but that is all in my head
HawkofStorms
I'm going to post the exact same thing I sent to the moderators asking for this thread to be closed (just in case they disagree with me and don't close this thread) so I can get my point in.
"Although not exactly a bad post, I just think its kinda repeatitive and unnecessary. We had people make threads when the ecto price droped to 7k, 6.5k, 6k, AND 5.5k. This forum seriously doesn't need anymore ZOMG ecto price has fallen again threads (all the advice and suggestions made in the previous threads are all still viable). I remember that when factions came out there was a strict policy to delete all threads about where the luxon/kurzick line was (ie, threads about the Luxons taking Vasberg were deleted) or about specific alliances taking over towns. I believe the same policy should be applied here (price flucuation, just like the shifting of the boarder is a game mechanic that should not cause shock and awe to people whenever it happens)."
"Although not exactly a bad post, I just think its kinda repeatitive and unnecessary. We had people make threads when the ecto price droped to 7k, 6.5k, 6k, AND 5.5k. This forum seriously doesn't need anymore ZOMG ecto price has fallen again threads (all the advice and suggestions made in the previous threads are all still viable). I remember that when factions came out there was a strict policy to delete all threads about where the luxon/kurzick line was (ie, threads about the Luxons taking Vasberg were deleted) or about specific alliances taking over towns. I believe the same policy should be applied here (price flucuation, just like the shifting of the boarder is a game mechanic that should not cause shock and awe to people whenever it happens)."
Novalon
Quote:
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Originally Posted by Porkchop Sandwhiches
It's more than just ectos. Prices for everything are down. I believe it all started with the farming changes they made to white items and cash drops. Now everyone has to farm rare items because they don't fall under the same farm code. So, there are more of them being farmed than there used to be.
I saw that first hand with titan gems, they were at 65k+ before the changes, then they dropped and kept droppping fast as more people started to farm them, now they are 25k or lower. It's funny watching how many monks and rangers are running out the door in DOA when it's busy now. Hopefully GWEN will have something decent to sell. It sucks being poor. |
Besides Griffon farming back in the day, I think the most I ever made gold on is farming materials and selling them back to the traders. Not the best kind of income, but if you really think about it, as long as your turn a profit, you will come out ahead in the long run.
I can't wait to get back into GW again when I move, so I can see the effect that HM and loot exemption and all that has had on the game that I was so used to playing.
Sentience
Quote:
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Originally Posted by Porkchop Sandwhiches
Hopefully GWEN will have something decent to sell.
It sucks being poor. |
korcan
the people who are affected by this are the uber rich that horde stacks and stacks of them. what percentage of the gw population do u think even has 1 stack let alone multiple stacks of ecto? maybe 2-5 percent? do you think anet or anyone for that matter cares if their wealth decreases a bit? probably not.
the smart ones with loads of ectos have probably already liquidated most of their stock in exchange for diamonds anyways.
why dont we start pointless threads about other rare mats that fluctuate in price too. ok ok, ill start
STEEL - how high can they go
damn. steel used to be like under 200g/each now theyre hovering around 300g/each. thats like a 50% increase in price. like wtf! i feel like my guildwars universe is crashing down on me.
the smart ones with loads of ectos have probably already liquidated most of their stock in exchange for diamonds anyways.
why dont we start pointless threads about other rare mats that fluctuate in price too. ok ok, ill start
STEEL - how high can they go
damn. steel used to be like under 200g/each now theyre hovering around 300g/each. thats like a 50% increase in price. like wtf! i feel like my guildwars universe is crashing down on me.
CDittric77
What's overlooked here by several people is that for some the economic fluctuations in game are actually influence how much they enjoy the game. In my guild alone there are several who enjoy the mercantile aspect of GW, such as it is, and are directly influenced by changes in price. Economics in game is just as worthy a topic in Riverside as is any other topic. If we're going to start closing or criticizing threads like this b/c they could appear constantly, let's start doing the same for the eight thousand ZOMG ANet NERFED {insert here}!~!!#@# WETFSFTSF!Q@#$ threads.
Evilsod
Quote:
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Originally Posted by Unlucky Slayer
Go go 500g ectos!
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undeadgun
imo the price of ectos going down is caused by the loot thing, and nowadays everything is hard hard to sell( plus the trade channal thing). the market is in a chaos atm, and ppl with or without ectos are confused and scared of selling or buying stuff, so ecto droppin in price is a normal phenomena.
ca_aok
Quote:
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Originally Posted by undeadgun
imo the price of ectos going down is caused by the loot thing, and nowadays everything is hard hard to sell( plus the trade channal thing). the market is in a chaos atm, and ppl with or without ectos are confused and scared of selling or buying stuff, so ecto droppin in price is a normal phenomena.
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Basically until ANET removes lootscale and figures out some way to deal with bots that isn't half-baked, ectos will continue to fall in price, along with greens and other lootscale-exempt items.
October Jade
Quote:
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Originally Posted by CDittric77
What's overlooked here by several people is that for some the economic fluctuations in game are actually influence how much they enjoy the game. In my guild alone there are several who enjoy the mercantile aspect of GW, such as it is, and are directly influenced by changes in price. Economics in game is just as worthy a topic in Riverside as is any other topic. If we're going to start closing or criticizing threads like this b/c they could appear constantly, let's start doing the same for the eight thousand ZOMG ANet NERFED {insert here}!~!!#@# WETFSFTSF!Q@#$ threads.
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1) Recent change benefits the poster; thread becomes a platform for gloating/displaying the e-peen.
2) Recent change hurts the poster; thread becomes a whining rant.
3) Thread speculates upon future change.
The only one of the three that might be worthy of further discussion is the last option, but even that is no guarantee. Think of all the threads about GW2 that have been closed over the past few months.
CDittric77
^Agreed. I would only want a thread discussion number three. One that is purely based on strategy, speculation, and utility.
undeadgun
Quote:
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Originally Posted by CDittric77
^Agreed. I would only want a thread discussion number three. One that is purely based on strategy, speculation, and utility.
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Bryant Again
I think I actually wasted more k on Amber at Factions release then I have on ectos.
*sigh*...
*sigh*...
Patrick Smit
Quote:
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Originally Posted by Jason Xll
It always was and always should be ecto imo... However if they do continue dropping after the release of GW:EN (which i doubt) diamonds would be the best alternative...
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Hole Sale Traps
Soon we will see 100k +XXXlockpicks, im sure alot of people are hopeing for that.
klrk
thats what anet trying to do ,chase us player away before they release gw2
Iuris
If they only chase away people who refuse to accept they won't make as much in gold as they used to, but will have to accept that there's less gold coming in, I think it's a good idea.
Winterclaw
I'd be happy if it kept dropping. I never trade in things that require ecto payments and only one FoW armor half-interests me.
MMSDome
hell im kicking myself for when i bought 15k luxon warrior armor when jadeite was 4k each, what a dissapointment it is for me O well you live and learn and I actually just started saving up for fow armor the other day, still aint cheap but its a hell of alot better when they were 10k+
Zaganher Deathbane
Nice! I just hope it will stay that way or better yet lower. Now everyone can afford the uber expensive FOW armor they like
prism2525
Lockpicks ftw!
At least they're stable
At least they're stable
Chris Blackstar
I believe Anet is trying to make items cheaper for the average player while at the same time reducing gold avalablity. The biggest problem here is the exploitation of bots to gather gold and then sell it on the open market for RL money, thus making players rich with out having to grind for it. With so much gold flooding the market, it drives up the prices for everything, because many players are greedy and want a piece of the pie. Well when something like that is done, sooner or later you will have a market crash, because supply will be up, but demand will fall, basic economics.
For me, I would like to except that crash, because I am tired of the price galging BS, no gold item with a non rare skin should sell for 100K+XXectos, inscribable or not. It's the greed of the rich and the criminals who are destroying this game's economy, and the percentage of those players is not 2or3%, more like +33% of the world wide player base, if not more. Otherwise the economy would have not been effected if only 3% of the player base were umber rich.
For me, I would like to except that crash, because I am tired of the price galging BS, no gold item with a non rare skin should sell for 100K+XXectos, inscribable or not. It's the greed of the rich and the criminals who are destroying this game's economy, and the percentage of those players is not 2or3%, more like +33% of the world wide player base, if not more. Otherwise the economy would have not been effected if only 3% of the player base were umber rich.