Black Dye, the stable commodity
Faction Gambler
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
Idk It would be harder to sell I would think.
Syco Masato
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
Ive gotten 3 black dyes in 2 years compared to maybe around 300 ecto plus more whenever I want them? Maybe thats why.
RussBus
if black dyes were used as currency what do you think would happen to the price as them? same thing as ectos...
Captain Miken
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.
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
The sheer number of ectos in the economy is the reason why its used.
kartmaster
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.
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
Hey, it's used as a commodity in Pre!
Arutima
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
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.
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
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. |
Navaros
Quote:
Originally Posted by Sergeant Miyagi
you do know of the huge price dips and rises ectos have gone through right?
|
politicsxxox
20x Black Dye drop rate weekend!!!
Stimm
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.
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
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.
What I was saying is that ectos aren't really stable either yet we use them.
Buddhaofwar
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
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. |
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
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?
Who the RED ENGINE GORED ENGINE GORED ENGINE GORED ENGINE GO is going to have 100 black dyes?
Mr. Undisclosed
Theres people is pre with stacks.
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
and yeah, thats the kind of rationale I use whenever I get the urge to farm uw
You Look Grim
Quote:
Originally Posted by kunta
Idk It would be harder to sell I would think.
|
(think chaos gloves, fow armor)
tmakinen
Quote:
Originally Posted by You Look Grim
yeah and also because ectos are used more commonly
(think chaos gloves, fow armor) |
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
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.
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
Use lockpicks...
Arduin
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 |
Zaris
lockpicks are the most stable but you can't farm those
Lihinel
Quote:
Originally Posted by Zaris
lockpicks are the most stable but you can't farm those
|
And you can farm them by doing anything that gets you gold.
Ctb
Quote:
And you can farm them by doing anything that gets you gold. |
Quote:
Also, black dye can be farmed just like 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
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.
|
gremlin
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.
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
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
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. |
PS: black dyes drop alot in pre, i collected 100 black dyes from drops in 3 months in pre. kill the scorpions.
Darkobra
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.
|
qazwersder
Unless the price of ecto's seriously drops, down to <1k kinda price they will remain the currency of choice.
the_jos
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.
|
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
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.
|
Ctb
Quote:
In the case of black dye, Plains of Jarin is a good place to start. |
Quote:
If that's not influencing your acquisition rate then we are not using the same dictionary |
Operative 14
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.
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
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.
|
"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....