Ecto price drop spike

Da Tru Legend

Furnace Stoker

Join Date: Jul 2006

Light of Honor [Lite]

A/

Wow, the price of ectos just dropped to 2.9k each or lower at the trader (2.9k ea was the lowest price I saw at trader). They're back up to 4.8k each now but...wow. I ended up buying about 150 at 3.2-4k each. Here's to hoping ANet doesn't take them away or anything >_<. Anyway, comments?

UPDATE: They're actually back up to 5.5k each now. Thus, no real effect on the market, except a few people got ectos for cheap



~Tru

qazwersder

Frost Gate Guardian

Join Date: Apr 2006

I'll be looking soon

E/

Yeah that pictures the smallest ever, cant see a thing.

Lady S Shiva

Lady S Shiva

Desert Nomad

Join Date: Dec 2005

CA

LOD???

W/Mo

nice, who else got them for cheap?

Da Tru Legend

Furnace Stoker

Join Date: Jul 2006

Light of Honor [Lite]

A/

lol I'll upload a better version then, I thought clicking the URL makes it bigger again >_<

Da Tru Legend

Furnace Stoker

Join Date: Jul 2006

Light of Honor [Lite]

A/

Umm, a few allies of mine when I said it in Alliance Chat I don't know anybody else personally who got any but I'm sure others did as well

Ekelon

Ekelon

Jungle Guide

Join Date: Dec 2005

Rebel Rising [rawr]

A/W

Wow. Hmm, I just sold 45 ectos to another person for 4.7k each... It took me roughly... 1 min to find a single buyer in ToA for all of them. Sooo, I would say the price is still pretty good.

Da Tru Legend

Furnace Stoker

Join Date: Jul 2006

Light of Honor [Lite]

A/

Yeah, but most people never noticed it. I think the trader price is a solid 4.8k now instead of a near solid 5.5k, but it could go back up to 5.5.

Stockholm

Stockholm

Desert Nomad

Join Date: Feb 2006

Censored

Censored

R/

Ha Ha, some duper must have off loaded a stach at the traders.

Da Tru Legend

Furnace Stoker

Join Date: Jul 2006

Light of Honor [Lite]

A/

Yeah, I wonder who...It's either nobody I know or somebody can hide the fact that they did it (which isn't really too hard over an online game)

Ekelon

Ekelon

Jungle Guide

Join Date: Dec 2005

Rebel Rising [rawr]

A/W

I like how when something happens. Everybody automatically blames a hacker... The video game world can be funny sometimes.

majikmajikmajik

Wilds Pathfinder

Join Date: Aug 2007

SATown~Tx

Guild Hopper!

R/

i always sell my rare mats to trader cuz it will lower the price

Stockholm

Stockholm

Desert Nomad

Join Date: Feb 2006

Censored

Censored

R/

Quote:
Originally Posted by Ekelon
I like how when something happens. Everybody automatically blames a hacker... The video game world can be funny sometimes.
When something drops more than 50% in a game like GW someone unloaded LOT's and Lot's of Ectos to have that impact on the price.

In Real life insider trader would be blaimed if a comodity changed price like that.

cosyfiep

cosyfiep

are we there yet?

Join Date: Dec 2005

in a land far far away

guild? I am supposed to have a guild?

Rt/

aw man, missed another opportunity ....seems I am never around when it knocks on my door!

Da Tru Legend

Furnace Stoker

Join Date: Jul 2006

Light of Honor [Lite]

A/

Personally, I think it's just some rich guy who was super super bored (or completely ignorant of ecto prices, but then I question how they got that many), because if somebody duped for their profit or anything, they probably wouldn't just sell a load of ectos to the merchant. They duped because they're greedy, so they're not going to just sell about 250e for nearly nothing on a whim. It's possible, but...

Stockholm

Stockholm

Desert Nomad

Join Date: Feb 2006

Censored

Censored

R/

Quote:
Originally Posted by Da Tru Legend
Personally, I think it's just some rich guy who was super super bored (or completely ignorant of ecto prices, but then I question how they got that many), because if somebody duped for their profit or anything, they probably wouldn't just sell a load of ectos to the merchant. They duped because they're greedy, so they're not going to just sell about 250e for nearly nothing on a whim. It's possible, but...
Hmm, duped ectos (dirty money) sell to trader, buy back with diffrent account toon = bought ectos (clean money)

Da Tru Legend

Furnace Stoker

Join Date: Jul 2006

Light of Honor [Lite]

A/

Possible, but it's a highly risky way to launder ectos. And anyway, I'm with Ekelon on that one; stop auto assuming it's a duper, etc. Anyway, ectos ARE back up to 5.5k each. So all the drop spike really did was make lucky, observant people (like me) richer quickly XD. w00t

freaky naughty

Krytan Explorer

Join Date: Sep 2007

Mo/N

Quote:
Originally Posted by Da Tru Legend
Possible, but it's a highly risky way to launder ectos. And anyway, I'm with Ekelon on that one; stop auto assuming it's a duper, etc. Anyway, ectos ARE back up to 5.5k each. So all the drop spike really did was make lucky, observant people (like me) richer quickly XD. w00t
Observant? More like spend the day staring at rare mats trader

Da Tru Legend

Furnace Stoker

Join Date: Jul 2006

Light of Honor [Lite]

A/

Quote:
Originally Posted by freaky naughty
Observant? More like spend the day staring at rare mats trader
lol, I was half-joking on that. I got supremely lucky; I was buying ectos in LA, somebody offered to sell me one, so I checked the trader price, and 3.2k it was...Spam Request Quote + Buy, keep withdrawing until I now have...40k cash >_<

Stockholm

Stockholm

Desert Nomad

Join Date: Feb 2006

Censored

Censored

R/

Quote:
stop auto assuming it's a duper, etc
Ouch, must have stepped on some sore toes.

Da Tru Legend

Furnace Stoker

Join Date: Jul 2006

Light of Honor [Lite]

A/

o_O I just want to discuss this with other people. My opinion is that it isn't a duper or anybody like that, but hey, you're free to your opinions too. I just don't have to like them . I guess you don't have to like mine either...sorry then >_>. The main thing that bugged me was that you didn't even seem to consider any other possibility

Stockholm

Stockholm

Desert Nomad

Join Date: Feb 2006

Censored

Censored

R/

When ectos drop that much something has to be either wrong with the NPC's programing or a s_ _t load of ectos was sold to trader, don't think anyone who worked hard or bought them at full price would sell them that cheap. (1.9K if trader sold for 2.9K)
And we all know that most of the duped stuff is still in game.

Da Tru Legend

Furnace Stoker

Join Date: Jul 2006

Light of Honor [Lite]

A/

I've gotten PMs before (while buying ectos) from people asking me if they want to collaborate with me to crash the ecto market by selling a ton to the trader. They didn't have them on themselves, or at least they said they would have to farm the rest themselves. In my opinion, it takes a crazy person to sell that many ectos to the merchant/trader. Dupers are will do anything for and are crazed for money, but are not (necessarily) crazy, I think. Though that can vary highly with the definition of crazy and just opinions in general.

J snukka

Lion's Arch Merchant

Join Date: Feb 2005

New York

oh well missed my chance to make a fast profit

Iuris

Iuris

Forge Runner

Join Date: Nov 2006

Crazy ducks from the Forest

W/

Quote:
collaborate with me to crash the ecto market by selling a ton to the trader
Given what the spammers are sending me now, why do I have the feeling that I will soon start geting spam with "GW Ecto Current price 4.7k, Aim 3.2k" images?