Asking all sellers of gemstones in DoA to collaborate and work on increasing the price to its prior glory..
atm it is currently cheaper to buy gemstones and make your own armbrace..
the activity of DoA has reduced significantly in the last month as it is seen as no longer farmable, with nothing to gain barring an armbrace.
people use the ursan skill as and excuse for price reductions but bare in mind it still takes many hours just to get a few gems and also many ursanways fail.
would like to hear other ppls opinions on the matter but my understanding is that DoA will become a thing of the past, which to most ppl, it already has
NOTE: This thread is aimed at buy/sell/farm from DoA
DoA sucked dry
high priestess anya
Red Sonya
GW's 1 is dying don't need any of that stuff anymore.
pumpkin pie
erm... who sucked it dry? I have not even gone to that place... and have not lay eyes on an armbrace, and I am enjoying the game immensely, i think I'll go wiki the armbrace now. damn it got so much work... so little time to play game....... yet i am still here. :P~
*edit for below response: Yes, non intelligent responses. I asked who suck it dry to be polite not pointing out the obvious, but you ask for it, so here's some just for you: don't be greedy.
*edit for below response: Yes, non intelligent responses. I asked who suck it dry to be polite not pointing out the obvious, but you ask for it, so here's some just for you: don't be greedy.
high priestess anya
wtb intelligent responses
Alexandra-Sweet
DoA is kind of gone, everyone went over to farming in GWEN.
When DoA was new Gemstones were worth a lot, now that DoA is almost dead Gemstones drop in price since no one wants them anymore.
When DoA was new Gemstones were worth a lot, now that DoA is almost dead Gemstones drop in price since no one wants them anymore.
Antheus
Ursan is pointless for farming.
Gems have always come from solo, duo and similar farmers.
But the main reason is: there's no demand anymore. Those that wanted tormented stuff have gotten it very long time ago. Those that couldn't afford it have gotten it in mean time. Now the supply exceeds the demand.
Then there's also that duping incident.
Gems have always come from solo, duo and similar farmers.
But the main reason is: there's no demand anymore. Those that wanted tormented stuff have gotten it very long time ago. Those that couldn't afford it have gotten it in mean time. Now the supply exceeds the demand.
Then there's also that duping incident.
makosi
Those gemset sellers are to blame for the price plummets.
WTB: Titans 6.5k, Margos 4k, Stygian 2k, Torment 3k. WTS Gemstet 22k.
Their greed is driving down the price of individual gems but the price of gem sets is decreasing disproportionately because they want to rip people off. As a result, gems are dirt cheap but Armbrace prices aren't going down much at all.
WTB: Titans 6.5k, Margos 4k, Stygian 2k, Torment 3k. WTS Gemstet 22k.
Their greed is driving down the price of individual gems but the price of gem sets is decreasing disproportionately because they want to rip people off. As a result, gems are dirt cheap but Armbrace prices aren't going down much at all.
Bryant Again
Such is Guild Wars, really.
BSSuperman
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Originally Posted by high priestess anya
wtb intelligent responses
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DoA has been open for a very long time (relative to the lifespan of an average computer game)
Its only normal that the prices for objects are dropping as demand falls. Go and study basic marketplace dynamics if you want to be an ubertrader and stop being so rude.
high priestess anya
if you read my post you will see im trying to rally the people who farm the gems and ask their opinions, everyone elses is welcome but not what i was looking for when i created the thread.
Fried Tech
I dont see what your complaint is. gemstones are following the trend that all items in guild wars follow. Its basic game economy, not people driving down the prices for no reason. It works like this:
Gemstones are new. Everyone wants torrment wpns = high prices
Gemstones have been around and there are muliple builds available for DOA= lower price.
Everyone has one = prices drop quite a bit
Its simple supply and demand. Not sellers conspiring against you. Srry but youll just have to deal with it. If your not making enough money, go to GWEN.
Gemstones are new. Everyone wants torrment wpns = high prices
Gemstones have been around and there are muliple builds available for DOA= lower price.
Everyone has one = prices drop quite a bit
Its simple supply and demand. Not sellers conspiring against you. Srry but youll just have to deal with it. If your not making enough money, go to GWEN.
Kusandaa
DoA has been overfarmed. People realized they could make cash really fast by either farming the gems and selling them, or by getting armbraces and then selling those.
So now that everyone and their mothers have their tormented items, the price has gone down - no more demand, people try to sell cheaper to get rid of their items.
No more way to make money leads to the death of the area... so no, people won't up the prices because if they're selling too high, no one buys. They want SALES.
(Wow, my basic Economics classes are paying off in a game O___o;; )
So now that everyone and their mothers have their tormented items, the price has gone down - no more demand, people try to sell cheaper to get rid of their items.
No more way to make money leads to the death of the area... so no, people won't up the prices because if they're selling too high, no one buys. They want SALES.
(Wow, my basic Economics classes are paying off in a game O___o;; )
Bryant Again
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Originally Posted by Kusandaa
(Wow, my basic Economics classes are paying off in a game O___o;; )
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high priestess anya
Quote:
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Originally Posted by pumpkin pie
erm... who sucked it dry? I have not even gone to that place... and have not lay eyes on an armbrace, and I am enjoying the game immensely, i think I'll go wiki the armbrace now. damn it got so much work... so little time to play game....... yet i am still here. :P~
*edit for below response: Yes, non intelligent responses. I asked who suck it dry to be polite not pointing out the obvious, but you ask for it, so here's some just for you: don't be greedy. |
Kusandaa
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Originally Posted by high priestess anya
being greedy is totally different than wanting more than 10 platinum for 4 hours work
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DoA's not the only place to have lost people - when Sorrow's Furnace came out, the greens went for very high. They had dropped already when I started farming the area (Rago's Flame staff was what, 80k? 70k?) and now you can find one for 30k or so (if not lower? O_o). Tombs greens... Victo's Battle Axe, 90k. When I started farming, 25-20k. Now? 10k and less.
So people move on. Suggestion is to do the same.
high priestess anya
very fair point. seems i got interested in this game a little too late to be rich 
Shakti
Quote:
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Originally Posted by high priestess anya
Asking all sellers of gemstones in DoA to collaborate and work on increasing the price to its prior glory..
atm it is currently cheaper to buy gemstones and make your own armbrace.. the activity of DoA has reduced significantly in the last month as it is seen as no longer farmable, with nothing to gain barring an armbrace. people use the ursan skill as and excuse for price reductions but bare in mind it still takes many hours just to get a few gems and also many ursanways fail. would like to hear other ppls opinions on the matter but my understanding is that DoA will become a thing of the past, which to most ppl, it already has |
Here's the problem with this idea: even if you "rally" the sellers (and there would be no way to rally 'em all so ppl could always get em cheaper) ... there simply aren't buyers who will buy them at their "former glory". When a thing is new and rare, it is worth more than when it is older and very much farmed. This is simple economics. Supply/Demand. There is a much much higher supply now and much less demand as most that wanted them have gotten them. So...the price has dropped. Always happens, always will.
Mordakai
Err, this might be seen as a funny response, but why do you want to be "rich?"
Everything is so cheap now, you can buy anything you want!
Power to the people.
Everything is so cheap now, you can buy anything you want!
Power to the people.
Antheus
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Originally Posted by high priestess anya
very fair point. seems i got interested in this game a little too late to be rich
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When DoA came out, armbraces were prohibitively expensive. Gems started at 50k. Buying gems to make one was a multi-million business, more expensive than FoW armor.
Then, the number of gems needed was lowered, farming builds emerged, and gems became readily available.
And these days, armbrace can be yours for 100k + small number of ectos. Quite a big change, isn't it?
These days, what used to be available to a dozen richest people in GW is available to all. Rich is defined in relation to market.
Kusandaa
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Originally Posted by high priestess anya
very fair point. seems i got interested in this game a little too late to be rich
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And eventually people will stop farming the area because everyone will have gotten one... and people will move on to something else. Can't be stopped, really. You have high demand for stuff, you farm, you meet the demand, prices go down. Then you find a new area, new drops. Rince and repeat.
high priestess anya
Quote:
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Originally Posted by Shakti
Here's the problem with this idea: even if you "rally" the sellers (and there would be no way to rally 'em all so ppl could always get em cheaper) ... there simply aren't buyers who will buy them at their "former glory". When a thing is new and rare, it is worth more than when it is older and very much farmed. This is simple economics. Supply/Demand. There is a much much higher supply now and much less demand as most that wanted them have gotten them. So...the price has dropped. Always happens, always will.
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if all economies where like this, all the more commonplace things in life would cease to exist. generic economies rely on prices to fluctuate (increase and decrease) not plummet.if you want to delve into economics i suggest you should look at boom/bust cycles once you have tasted supply & demand.
high school economics class dont teach you everything lmao
also raising prices and making stock rarer or even stabalising prices is essential to modern day day economics..i forget that children sometimes try and practice their lessons on online games and forum posts
high priestess anya
it was a simple suggestion,didnt mean to turn it into a serious issue, i apologise lololol
super strokey
cullusion FTL!
AlienFromBeyond
Quote:
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Originally Posted by high priestess anya
Asking all sellers of gemstones in DoA to collaborate and work on increasing the price to its prior glory..
atm it is currently cheaper to buy gemstones and make your own armbrace.. the activity of DoA has reduced significantly in the last month as it is seen as no longer farmable, with nothing to gain barring an armbrace. people use the ursan skill as and excuse for price reductions but bare in mind it still takes many hours just to get a few gems and also many ursanways fail. would like to hear other ppls opinions on the matter but my understanding is that DoA will become a thing of the past, which to most ppl, it already has NOTE: This thread is aimed at buy/sell/farm from DoA |
A11Eur0
I was thinking about this earlier, and I like the price drops. When stuff is easy to get and there are builds out there for it...prices should drop. 100k+40 ectos is too much for an armbrace anymore. Ectos are harder to get and gemstones are easier. Put them together and you have a general price drop.
Armbraces should be 100k IMO...no more.
Armbraces should be 100k IMO...no more.
lizards
glad i made my money when i did
high priestess anya
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Originally Posted by AlienFromBeyond
You honestly want people to try and collectively price gouge DoA? Are you really that thick?
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also why are you so rude lol
its obvious you lack intelligence as you have no regard for the topic, you aim to insult.Also gouge means to remove...or cut out...
you call me thick lmao
Nuj08
Why would gems and armbraces be any more expensive in light of the recent duping episode? I'm betting that there are more arms than green weapons in all of GW. I mean arms should be 10k each or pretty much worthless given how many are over flooding the market. Consider yourself lucky because their price right now is way too high in comparison to how many there are in the game. This is one aspect of the economy that has baffled me...
trobinson97
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Originally Posted by high priestess anya
yes i was stupid, for thinking i could make stupid ppl do clever things for everyones benefit..
also why are you so rude lol its obvious you lack intelligence as you have no regard for the topic, you aim to insult.Also gouge means to remove... you call me thick lmao |
How does raising prices of gems benefit everyone?
viper11025
Everyone remember Sorrows furnace, the gree hot spott of proph? I figured since DoA was an achievement ppl would ursan the tar outa it. LOL.
I guess I'll pick me up something later there. Irealy dont like most of the skins the tormented weapons have, people want new stuff. Period.
I guess I'll pick me up something later there. Irealy dont like most of the skins the tormented weapons have, people want new stuff. Period.
Shakti
Quote:
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Originally Posted by high priestess anya
i study economics at degree level, not being big headed or trying to impose anything but i will say this..
if all economies where like this, all the more commonplace things in life would cease to exist. generic economies rely on prices to fluctuate (increase and decrease) not plummet.if you want to delve into economics i suggest you should look at boom/bust cycles once you have tasted supply & demand. high school economics class dont teach you everything lmao also raising prices and making stock rarer or even stabalising prices is essential to modern day day economics..i forget that children sometimes try and practice their lessons on online games and forum posts |
I am a college graduate, not a high school student. Know who you're taking to before you try to play the intellectual superior, k? I wasn't getting into economic theory because in this case it is completely unnecessary. As I stated this is supply and demand. There are more gems/armbraces now in SUPPLY and there is less DEMAND for them so the prices have dropped. Your attempt to "rally" sellers into some kind of price jack will only result in you not selling any gems (and after this, a big laugh for those of us reading this crap)
Raising stock prices to stabilize a market etc has no bearing here. This is an online GAME and we're taking about gems used to get vanity weapons for which these is a FINITE demand.
Shakti
Quote:
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Originally Posted by high priestess anya
yes i was stupid, for thinking i could make stupid ppl do clever things for everyones benefit..
also why are you so rude lol its obvious you lack intelligence as you have no regard for the topic, you aim to insult.Also gouge means to remove...or cut out... you call me thick lmao |
Price gouging is a frequently pejorative reference to a seller's asking a price that is much higher than what is seen as 'fair' under the circumstances. In precise, legal usage, it is the name of a felony that applies in some of the United States only during civil emergencies. In less precise usage, it can refer either to prices obtained by practices inconsistent with a competitive free market, or to windfall profits. In colloquial usage, it means simply that the speaker thinks the price is too high. Non-pejorative uses are generally in reaction to what the writer believes is an unjustified restraint on the market.
The more you know
nbajammer
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Originally Posted by trobinson97
How does raising prices of gems benefit everyone?
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Edit: To clarify, person = High Priestess Anya
viper11025
Supply must equal demand. ><
Well maybe I can get me a tormented axe for 30k one day.
Lets look at it this way, ursan blessing is wonderful if used right and it helps people help other people. If we used it more often for achivements, sorrows furnace, mayllax, etc... then more people will enjoy the game. So until a title is made for achievements or the gw2 rewards are know for the achivements, I don't see Doa getting a pick me up soon.
Well maybe I can get me a tormented axe for 30k one day.
Lets look at it this way, ursan blessing is wonderful if used right and it helps people help other people. If we used it more often for achivements, sorrows furnace, mayllax, etc... then more people will enjoy the game. So until a title is made for achievements or the gw2 rewards are know for the achivements, I don't see Doa getting a pick me up soon.
super strokey
wowo anya is sour lol, just face it. It wont work and never could work. Price fixing is stupid unless you can get control of everyone and you cant so why would you even bother trying to bring it up? Game economies have the virtue of being as close as possible to being guided by the invisible hand, As there is a unlimted amount of resources and a limited amout of buyers. SO things are awlays gonna drop and something new will awlays replace them (aka gwen).
Anya do you have gwen?
Anya do you have gwen?
Aeon221
In a market for undifferentiated commodities (eg oil, ectos, torment gems) with large anonymous pools of buyers and sellers with low barriers to entry, price competition will invariably force economic profits (different from accounting profits) to zero.
Attempting to collude for higher prices in a situation of this sort is idiotic, as the lowest price will capture all the sales; just try pricing your gems higher than everyone else to see how little you will make.
If any of you ninnys are actually interested in economics, chew on this: http://en.wikipedia.org/wiki/Hotelling%27s_law
Attempting to collude for higher prices in a situation of this sort is idiotic, as the lowest price will capture all the sales; just try pricing your gems higher than everyone else to see how little you will make.
If any of you ninnys are actually interested in economics, chew on this: http://en.wikipedia.org/wiki/Hotelling%27s_law
cosyfiep
so when will the price of the primeval remnants drop so I can get some for my heroes???? (since I dont stand a chance of getting into doa and cant do it alone). I still have the demand for them.....so I dont think that DoA has been sucked dry, I think its more people moving on to other areas that are more fun and offer different challenges. (people STILL farm sf).
NoXiFy
Hmmmmm, it's because Anet dont care about dupers. Gemset=20k (20*15)=300, 100k 43e [[email protected]/e] and all the dupers and people that have stacks sell for 100k=47 or so at least
super strokey
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Originally Posted by cosyfiep
so when will the price of the primeval remnants drop so I can get some for my heroes???? (since I dont stand a chance of getting into doa and cant do it alone). I still have the demand for them.....so I dont think that DoA has been sucked dry, I think its more people moving on to other areas that are more fun and offer different challenges. (people STILL farm sf).
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Schroedinger
It's amusing. In the real world an invitation to seller collusion is illegal.
That's not a criticism (after all, there were no antitrust laws in medieval societies, and there's a gemstone trust currently active in the real world, antitrust laws be damned).
I don't much care, since I'm not an online merchant, I'm a necromancer in this game. I'm happy to see a thriving GW economy though! You sound just like a US-based steel manufacturer.
That's not a criticism (after all, there were no antitrust laws in medieval societies, and there's a gemstone trust currently active in the real world, antitrust laws be damned).
I don't much care, since I'm not an online merchant, I'm a necromancer in this game. I'm happy to see a thriving GW economy though! You sound just like a US-based steel manufacturer.