Black Dye, the stable commodity

Faction Gambler

Faction Gambler

Academy Page

Join Date: May 2006

After seeing the high-end items thread, its got me wondering... Why dont sellers request black dyes to trade beyond 100 plats? Black dyes to me seem to be a far more stable item to hoard up for trading purposes. Perhaps the purple round thingy just looks better in storage?

kunta

kunta

Academy Page

Join Date: Jun 2007

Mystic Spartans

W/Mo

Idk It would be harder to sell I would think.

Syco Masato

Frost Gate Guardian

Join Date: Mar 2007

New Jersey

D/

Well.. you can FARM ectos, but with black dyes its all about luck. That's the only reason I can really think of. Then again you could just go to the damn trader, but eh.

bhavv

bhavv

Furnace Stoker

Join Date: Sep 2006

Ive gotten 3 black dyes in 2 years compared to maybe around 300 ecto plus more whenever I want them? Maybe thats why.

RussBus

Ascalonian Squire

Join Date: Feb 2008

Minnesota

Leather Rebels [LR]

Mo/R

if black dyes were used as currency what do you think would happen to the price as them? same thing as ectos...

Captain Miken

Captain Miken

Banned

Join Date: Jan 2008

Scenario:
We decide as a community to make a mass movement from Ecto to Black dye.
We all rush the Dye Trader to get a stack or two for trading purposes.
The result: massively increase Black dye prices, massively increased Ecto prices.

aleaf92

aleaf92

Wilds Pathfinder

Join Date: Nov 2007

New York City, New York

Mo/

The sheer number of ectos in the economy is the reason why its used.

kartmaster

kartmaster

Academy Page

Join Date: Oct 2007

Kansas

Slayers of Worlds [SoW]

I think Black Dye is more stable BECAUSE it's not usually used as a medium for trade. There's not near as much black dye in circulation (i.e. in players storage) as there is ecto.

The high volume of ecto in the market, and the volume that is traded everyday makes it more suceptable to inflation. Switching to black dye as a medium for exchange negates any stability it once had as a commodity.

arcanemacabre

arcanemacabre

Grotto Attendant

Join Date: Feb 2006

North Kryta Province

Angel Sharks [As]

Hey, it's used as a commodity in Pre!

Arutima

Arutima

Academy Page

Join Date: Feb 2006

Canada

R/

black dye arent used because they are way rarer then ectos (ectos can be mass farmed easily in Uw, and the black dyes cannot)

Navaros

Forge Runner

Join Date: Apr 2005

Mo/Me

Black Dyes aren't stable. They used to be worth 12k or more for a long while. Then for a long while they were at 6k. Right now they are at 8k.

Anyhow threads like this always come up with forum posters wanting to change the economy of off Ectos. Usually it's threads with titles like "The Lockpick Revolution" with original posts claiming that lockpicks have or soon will replace Ectos as the basic item of the economy.

But in reality, threads trying to change the economy away from Ectos are always just wishful thinking, and never have any effect of changing the economy away from Ectos at all.

Mr. Undisclosed

Mr. Undisclosed

I phail

Join Date: Mar 2007

Phailville

D/

Quote:
Originally Posted by Navaros
Black Dyes aren't stable. They used to be worth 12k or more for a long while. Then for a long while they were at 6k. Right now they are at 8k.

Anyhow threads like this always come up with forum posters wanting to change the economy of off Ectos. Usually it's threads with titles like "The Lockpick Revolution" with original posts claiming that lockpicks have or soon will be the basic item of the ecomomy.

But in reality, threads trying to change the economy away from Ectos are always just wishful thinking, and never have any effect of changing the economy away from Ectos at all.
you do know of the huge price dips and rises ectos have gone through right?

Navaros

Forge Runner

Join Date: Apr 2005

Mo/Me

Quote:
Originally Posted by Sergeant Miyagi
you do know of the huge price dips and rises ectos have gone through right?
Sure, but that doesn't change the fact that Black Dyes are not stable, which is an erroneous statement made in the thread title and OP regardless of anything having to do with Ectos.

politicsxxox

Banned

Join Date: Oct 2007

Me/N

20x Black Dye drop rate weekend!!!

Stimm

Academy Page

Join Date: May 2006

Ive often wondered myself why lockpicks arent used as currency. Thier price will always be stable within 100 gp of allinace discount. Compared to the price fluctuations ectos have gone through.

Personally on the 2 occasions I hit vault max have purchased a bulk of picks to use up some gold. I buy them at 1250 and I know I wont have any issue at all selling them back at 1250 at any point and time.

Mr. Undisclosed

Mr. Undisclosed

I phail

Join Date: Mar 2007

Phailville

D/

Because a higher valued item is needed for large cash purchases.

What I was saying is that ectos aren't really stable either yet we use them.

Buddhaofwar

Buddhaofwar

Frost Gate Guardian

Join Date: Feb 2008

Flying Gophers

W/

or anet could just increase the amount of gold a character can possess at one time. I don't fully understand the 100k cap, but if anyone can explain it to me, I'd appreciate that.

ShadowsRequiem

ShadowsRequiem

Furnace Stoker

Join Date: Oct 2005

Inde is Smoking [Hawt] *ToA*

W/E

Quote:
Originally Posted by Navaros
Black Dyes aren't stable. They used to be worth 12k or more for a long while. Then for a long while they were at 6k. Right now they are at 8k.

Anyhow threads like this always come up with forum posters wanting to change the economy of off Ectos. Usually it's threads with titles like "The Lockpick Revolution" with original posts claiming that lockpicks have or soon will replace Ectos as the basic item of the economy.

But in reality, threads trying to change the economy away from Ectos are always just wishful thinking, and never have any effect of changing the economy away from Ectos at all.
12k is nothing. I remember back when black dye cost around 30k each.

100k gold cap is to try to make it so there arent any items for trades over 100k unfortunately we have things that can be used for higher trades. :P

bhavv

bhavv

Furnace Stoker

Join Date: Sep 2006

Ok, I have a new uber rare item thats worth 100k and 100 black dyes at the current merchant sell price.

Who the RED ENGINE GORED ENGINE GORED ENGINE GORED ENGINE GO is going to have 100 black dyes?

Mr. Undisclosed

Mr. Undisclosed

I phail

Join Date: Mar 2007

Phailville

D/

Theres people is pre with stacks.

shoyon456

shoyon456

Desert Nomad

Join Date: Jul 2006

D/

Personally, I think that the reason for using ecto in most ppl's minds is "hey, if it all goes to hell, at least I can pimp out 12 more characters with obby armor"

and yeah, thats the kind of rationale I use whenever I get the urge to farm uw

You Look Grim

You Look Grim

Lion's Arch Merchant

Join Date: Jul 2007

Ecnegilletni Laicifitra [朔mud]

Quote:
Originally Posted by kunta
Idk It would be harder to sell I would think.
yeah and also because ectos are used more commonly
(think chaos gloves, fow armor)

tmakinen

tmakinen

Desert Nomad

Join Date: Nov 2005

www.mybearfriend.net

Servants of Fortuna [SoF]

E/

Quote:
Originally Posted by You Look Grim
yeah and also because ectos are used more commonly
(think chaos gloves, fow armor)
Um ... in comparison to, say, any armor and equipment? Personally, I prefer white in most cases but black has never gone out of fashion among the larger populace.

Also, black dye can be farmed just like ectos, although its current price doesn't make it a very viable farm on its own, but combined with some other pursuit it's a decent bonus. Last time I checked there were 15 vials of black in my storage and I've probably used up as much, so it's something like 1 drop per month in average, although most of the drops have occurred during some farming frenzy (e.g., the Diessa Lowlands gargoyles provided copious amounts of dye when I stocked up skulls in anticipation of the latest Wintersday). Generally speaking, choose some low level monster that drops collectables you can trade for booze or sweets during festivities and go for the volume. There will be dye in storage for you, and in any case you can make a good profit with the collectables.

Operative 14

Operative 14

Forge Runner

Join Date: Nov 2006

Arizona, USA

[OOP] Order of the Phoenix I

I've played GW for nearly two years now and I've had three black dyes drop for me.

There is no single place where you can go to farm for black dyes specifically, it all depends on being VERY lucky. Where as with ectos there is definitely a place, specific builds, teams, and an expectation of getting one or two per run in a specified area. Ectos are surprisingly stable for a completely player controlled commodity.

The only thing I see happening if we suddenly switched to black dyes would be a a huge jump in the trader value, then it would slowly start to decline, just like the then defunct ectos.

PyrAnkh

Krytan Explorer

Join Date: Aug 2006

Lowbird Academy [LoW]

W/

Use lockpicks...

Arduin

Arduin

Grotto Attendant

Join Date: May 2005

The Netherlands

Limburgse Jagers [LJ]

R/

Quote:
Originally Posted by shoyon456
Personally, I think that the reason for using ecto in most ppl's minds is "hey, if it all goes to hell, at least I can pimp out 12 more characters with obby armor"

and yeah, thats the kind of rationale I use whenever I get the urge to farm uw
You win this thread

Zaris

Zaris

Krytan Explorer

Join Date: Jun 2007

The Netherlands

lockpicks are the most stable but you can't farm those

Lihinel

Lihinel

Academy Page

Join Date: Dec 2007

E/

Quote:
Originally Posted by Zaris
lockpicks are the most stable but you can't farm those
There is no need to, there is infinite suply without the danger of changing prices through merchant selling/buying.
And you can farm them by doing anything that gets you gold.

Ctb

Desert Nomad

Join Date: Apr 2006

W/

Quote:
And you can farm them by doing anything that gets you gold.
Quote:
Also, black dye can be farmed just like ectos
No they can't. Ectos can be reliably obtained by a specific action. Black dye can only be obtained through pure luck. There is nothing you can do (short of Haitian voodoo in your underwear) to influence your acquisition of black dye, but you certainly can make an active effort to collect ectos.

It's sort of like the difference between making a living by expecting to stumble over a diamond in a field somewhere and actually going out to find and work a gold mine. You might fail either way, but at least in one of those pursuits you are actually influencing your odds of success.

tmakinen

tmakinen

Desert Nomad

Join Date: Nov 2005

www.mybearfriend.net

Servants of Fortuna [SoF]

E/

Quote:
Originally Posted by Ctb
There is nothing you can do (short of Haitian voodoo in your underwear) to influence your acquisition of black dye, but you certainly can make an active effort to collect ectos.
The Underworld Chest aside, there's nothing incompatible between how you farm ectos or black dye. First you find out which monster has a chance of dropping what you want to farm, then you kill that monster until you get lucky. In the case of ectos, UW is a good place to start. In the case of black dye, Plains of Jarin is a good place to start. If I'm able to solo kill 1000 monsters on Plains of Jarin at the same time as it would take to kill 200 monsters in the Realm of Torment with a full team, I will have about 40 times better chances at getting a black dye when choosing to farm Plains of Jarin instead of Realm of Torment. If that's not influencing your acquisition rate then we are not using the same dictionary

gremlin

Furnace Stoker

Join Date: Oct 2006

GWAR

Me/Mo

Black dye wouldn't work imo as its too unpredictable a drop, you need something that has a regular drop rate.
I thought Lockpicks were the new ecto anyway.


Hopefully GW2 will start with more currency options.

Copper
Bronze
Silver
Gold
Platinum
Orichalium

Although that's probably more than anyone would ever need, just adding a third level would be more than enough.

flyinhigh

Frost Gate Guardian

Join Date: Feb 2007

meh

wtfpwned

N/

just for info, there is a place that has a statistically higher rate of dropping dyes. pre. when i was going for LDOA between lvl 1 and 18 i dropped 300+ dyes. 12 of them were black and 18 were white.

HuntMaster Avatar

HuntMaster Avatar

Wilds Pathfinder

Join Date: Feb 2007

Around

Pillar's of Earth [ROCK]

W/

Quote:
Originally Posted by gremlin
Hopefully GW2 will start with more currency options.

Copper
Bronze
Silver
Gold
Platinum
Orichalium

Although that's probably more than anyone would ever need, just adding a third level would be more than enough.
oh god, not more currency. the system is a pain as is. dont make it worse.

PS: black dyes drop alot in pre, i collected 100 black dyes from drops in 3 months in pre. kill the scorpions.

Darkobra

Darkobra

Forge Runner

Join Date: Aug 2006

Scotland

Type like an idiot, I'll treat you like an idiot

E/Me

Quote:
Originally Posted by flyinhigh
just for info, there is a place that has a statistically higher rate of dropping dyes. pre. when i was going for LDOA between lvl 1 and 18 i dropped 300+ dyes. 12 of them were black and 18 were white.
That's because you spend most of the time entirely alone. Any black dyes that would have potentially dropped for you during the other sections of the game are usually consumed by heroes/hench.

qazwersder

Frost Gate Guardian

Join Date: Apr 2006

I'll be looking soon

E/

Unless the price of ecto's seriously drops, down to <1k kinda price they will remain the currency of choice.

the_jos

the_jos

Forge Runner

Join Date: Jun 2006

Hard Mode Legion [HML]

N/

Quote:
Originally Posted by Darkobra
That's because you spend most of the time entirely alone. Any black dyes that would have potentially dropped for you during the other sections of the game are usually consumed by heroes/hench.
Not entirely.
I've played a lot with human teams and don't see blacks drop that often.
It's more that dye drops more frequent in Pre than Post.
And more dye means more chance for black.

Mr. Undisclosed

Mr. Undisclosed

I phail

Join Date: Mar 2007

Phailville

D/

Quote:
Originally Posted by Darkobra
That's because you spend most of the time entirely alone. Any black dyes that would have potentially dropped for you during the other sections of the game are usually consumed by heroes/hench.
Actually its because the monsters have the possibility to drop less items then monsters in post.

Ctb

Desert Nomad

Join Date: Apr 2006

W/

Quote:
In the case of black dye, Plains of Jarin is a good place to start.
People have been making claims about "more reliable" black dye drops in certain areas since the game came out. I have yet to see any reason to believe any of the claims are true. In all likelihood, the "increase" in dye drops is related more to the style of play the area demands than anything involving the actual odds of a drop.

Quote:
If that's not influencing your acquisition rate then we are not using the same dictionary
It's not the RATE, it's the ODDS. You can actively seek out ectos, you can not actively seek out black dye. It's that simple.

Operative 14

Operative 14

Forge Runner

Join Date: Nov 2006

Arizona, USA

[OOP] Order of the Phoenix I

Lockpicks wouldn't work because they're to cheap. Ectos work because they approximate 5k each. To make the equivalent of an Ecto, you'd need 4 lockpicks, and if you're buying a high end item that's a lot of 'superfluous' stacks of items that would be taking up space.
Until Ectos are around 1.7k, people will still prefer to use Ectos simply so they don't need to have so many taking up storage.

Ectos are pretty stable, they don't change prices overnight. Yes, they are being devalued, but at a pretty slow pace. If there was something wrong with them the community as a whole would choose to use something else, but not beforehand.

bobrath

bobrath

Wilds Pathfinder

Join Date: Jun 2005

Texas

Scouts of Tyria

Quote:
Originally Posted by Ctb
No they can't. Ectos can be reliably obtained by a specific action. Black dye can only be obtained through pure luck. There is nothing you can do (short of Haitian voodoo in your underwear) to influence your acquisition of black dye, but you certainly can make an active effort to collect ectos.
Stacks of gold can only be obtained through pure luck. There is nothing you can do to influence the your acquisition of gold coins.

"Farming" for black dye is equivalent to "farming" for gold. The more monsters you kill, the better chance you have at a stack of gold coins dropping. You can increase the size of the stacks by dropping higher level monsters, but then its down to the trade off between speed and value.

I'm just saying....