Merchant should sell a 'piggy bank'

crazybanshee

Desert Nomad

Join Date: Jun 2006

Look out!

E/

I was browsing the high end stuff on guru auction and got to thinking how irritating it must be when stuff is selling for stacks of ectos and armbraces and the price is fluctuating so much lately (or in the case of armbraces, dropping) What if merchants sold a new item, 'piggy bank' or whatever you want to call it, with a unique icon that doesn't look like ectos or anything else, that they sold for 100k and ALSO bought for 100k. Therefore using it in trades would mean it's worth exactly 100k, never more or less. It wouldn't drop from monsters or be available any other way so the price would never fluctuate. Then you could use it to buy and sell, or sell it to a merch if you want the 100k instead. I doubt at this point they'd do that kind of overhaul to the trading system, but it sure seems like it would be helpful for those kinds of trades (not that I could afford any of that stuff lol)

Konig Des Todes

Konig Des Todes

Ooo, pretty flower

Join Date: Jan 2008

Citadel of the Decayed

The Archivists' Sanctum [Lore]

N/

/signed

It would get rid of the QQing from very rich people who complain about no space for money, thats for sure.

dubiel005

dubiel005

Academy Page

Join Date: Jan 2007

det.

idk

Mo/E

i like the idea anet shld hav came up with something like this a while ago

Shayne Hawke

Shayne Hawke

Departed from Tyria

Join Date: May 2007

Clan Dethryche [dth]

R/

Only if it's stackable.

/signed

October Jade

October Jade

Wilds Pathfinder

Join Date: Jul 2005

drifting between Indiana and NorCal

The 100k limit per character is presumably there for a reason. I don't see that disappearing any time soon, regardless of how you propose to circumvent it.

Also, this has been suggested innumerable times in the past. Try search.

N1ghtstalker

N1ghtstalker

Forge Runner

Join Date: Dec 2007

E/

/signed
no more + xx e but + xx piggy lol

Solas

Solas

Desert Nomad

Join Date: Oct 2006

Ireland

Currently LF Active HA Guild, Glad 2, Comm.3, R2

E/

/not-signed
theres a cut off limit for a reason, it forces people to invest in ectos/econemy.

if this is brought in i'd imagine a mass selling of ectos and a nice bit of them would be worthless. uw farming pointless etc.

Limu Tolkki

Wilds Pathfinder

Join Date: Dec 2006

Hate The [Cape]

E/

Would make things easier but would also crash ecto prices even more. Maybe in gw2....

MithranArkanere

MithranArkanere

Underworld Spelunker

Join Date: Nov 2006

wikipedia.org/wiki/Vigo

Heraldos de la Llama Oscura [HLO]

E/

Hm... let me see....
I'll use my suggestion translator...

"Bypass the gold limit in trades".

Asking this is like asking for 7 heroes. Will never happen.

Nanood

Nanood

Wilds Pathfinder

Join Date: Aug 2005

Supermans Crystal Palace

Legion Of The Dark Sun

/signed
/signed for stackable
/signed for making it look like an actual piggy bank


For sale High end sword for 2 piggies

Quote:
Originally Posted by Talach_Ninneed
/not-signed
theres a cut off limit for a reason, it forces people to invest in ectos/econemy.

if this is brought in i'd imagine a mass selling of ectos and a nice bit of them would be worthless. uw farming pointless etc.
I don't think ectoplasm was installed in the game for economic reasons.. It's for FOW remember. It would just mean that ecto would be used for it's created purpose instead of a cash buffer. Mind you those people who sold a mini rollerbeetle for 1500 ecto would be a little put out.

runchippyrun

runchippyrun

Ascalonian Squire

Join Date: Dec 2007

mostly in Heroes ascent

Clean Spike [ezpk]

E/

/signed i think there should be someone called a piggy bank trader or what ever in only major citys and u can buy them for your guild hall! This would also destory those damn gold selling companies MUST BE STACKABLE

Kattar

Kattar

EXCESSIVE FLUTTERCUSSING

Join Date: Mar 2007

SMS (lolgw2placeholder)

Me/

Quote:
Originally Posted by Talach_Ninneed
/not-signed
theres a cut off limit for a reason, it forces people to invest in ectos/econemy.

if this is brought in i'd imagine a mass selling of ectos and a nice bit of them would be worthless. uw farming pointless etc.
/notsigned for this reason and others.

Rich people don't need more gold. People who buy gold don't need anywhere esle to keep it.

Unholy Tank V

Lion's Arch Merchant

Join Date: Nov 2007

Mo/

/not signed

This would destroy the ecto economy. effectively bringing their prices down and making them valueless

Shayne Hawke

Shayne Hawke

Departed from Tyria

Join Date: May 2007

Clan Dethryche [dth]

R/

Is there a reason why a loss in ecto's value would be bad?

farmerfez

farmerfez

Krytan Explorer

Join Date: Mar 2006

You should know

W/

Quote:
Originally Posted by Shayne Hawke
Is there a reason why a loss in ecto's value would be bad?
Because everyone would QQ about people having FoW.

Marverick

Marverick

Forge Runner

Join Date: Aug 2006

R/

Selling these items would defeat the whole purpose of the 100k / 1000k cap on characters / storage. ANet might as well just remove that.

RhanoctJocosa

RhanoctJocosa

Legendary Korean

Join Date: Aug 2006

The Benecia Renovatio [RenO]

W/

Quote:
Originally Posted by Talach_Ninneed
/not-signed
theres a cut off limit for a reason, it forces people to invest in ectos/econemy.

if this is brought in i'd imagine a mass selling of ectos and a nice bit of them would be worthless. uw farming pointless etc.
If this weren't the case I'd /sign.

Horus Moonlight

Lion's Arch Merchant

Join Date: Jul 2006

Me/Mo

Since when were ectos official use a form of bypassing the 100k limit trade? Some people just make me chuckle with pity and disgust.

/signed

angmar_nite

angmar_nite

Jungle Guide

Join Date: Feb 2007

[SNOW] of [YUM]

E/

Since the origins of the game. And the means of bypassing 100k is pretty much flawless and efficient so why the hell not.

Horus Moonlight

Lion's Arch Merchant

Join Date: Jul 2006

Me/Mo

Really? Find me some evidence that that was ectos official use instead of being a material for FoW armour.

Just because the overall community used ectos as such does not mean that was what it was intended for.

Kanyatta

Forge Runner

Join Date: Jun 2006

Guildless, pm me

R/Mo

Quote:
Originally Posted by MithranArkanere
Hm... let me see....
I'll use my suggestion translator...

"Bypass the gold limit in trades".

Asking this is like asking for 7 heroes. Will never happen.
You make a good point, seeing as this is true, although I agree with you, I still think it's a good idea, even though it would never happen.

Konig Des Todes

Konig Des Todes

Ooo, pretty flower

Join Date: Jan 2008

Citadel of the Decayed

The Archivists' Sanctum [Lore]

N/

Quote:
Originally Posted by farmerfez
Because everyone would QQ about people having FoW.
People are QQing about FoW being ugly and that more and more people are getting them now anyways. Lets just ruin the ecto price so that those who are rich lose money and QQ more. It makes me laugh how much people care about a game anyways. And if more people can get FoW armor, there goes that armor being an e-peen use as well. Its a win-win-win!!

Talarian

Frost Gate Guardian

Join Date: Feb 2008

The Ninth Legion [TNL]

E/

I don't think anything new should be added, but I think the caps should either be raised or removed. As for ectos being "pretty much flawless and efficient", that kinda went out the window when the favour system changed and the price dropped by about 1k. A lot of people were QQing then, but they got over it, so why would a future price crash be any different?

Vlatro

Vlatro

Academy Page

Join Date: Dec 2006

NY

The Nefarious Coterie

E/A

/not signed

It's too late in the game to introduce something that drastic to the economy. Some items are currently held as supplemental currency (ecto, armbraces, rare minis). If they no longer served that purpose, the value of them would plummet overnight. That's good for buyers, but for those of use who already have them in storage would lose tons of money. The people this is proposed to help would be hurt by it. The ones who stand to gain are the ones who don't have that kind of money very often anyway.

But this you guys already understand, and obviously don't care about. The other problems come in if something like another duping bug is introduced. People would dupe the hell out of these because the price is guarenteed by a merchant. If they dupe ectos or armbraces under the current system, those items lose value at a certian point as the economy is saturated with them. By fixing a price, you risk the entire economy. That is specifically why no items of significant value have fixed prices. AreaNet has worked hard to preserve that. Even when duping has occurred, the fallout was minimal compare to other games like Diablo where economic crashes were a daily occurrence. This is a big "IF", but should it happen, we would all be screwed over by it. Until you can plan for that contingency, I stay firmly in the "Hell No, Not Ever" camp.

Angelina Collins

Academy Page

Join Date: Feb 2008

Heaven Royal Knights (HRK)

A/N

It's supply and demand pricing. There is no need to change it with piggy banks or ecto's or armbraces. Study economics if you want to know what to do.

But for those who are stupid, it's quite simple. DO NOT BUY IT!!! That will force players to lower there prices until it sells, but as long as there is a demand, players will offer outragous prices, knowing that hacks have money to pay. It's called price gauging.

So in conclusion, the fact that FOW armor, and rare items are in demand, means that resouses used to make them will also be in demand, meaning the coutinuence of the high prices on those items, and their use as supplmental curency.

RhanoctJocosa

RhanoctJocosa

Legendary Korean

Join Date: Aug 2006

The Benecia Renovatio [RenO]

W/

Quote:
Originally Posted by Angelina Collins
It's supply and demand pricing. There is no need to change it with piggy banks or ecto's or armbraces. Study economics if you want to know what to do.

But for those who are stupid, it's quite simple. DO NOT BUY IT!!! That will force players to lower there prices until it sells, but as long as there is a demand, players will offer outragous prices, knowing that hacks have money to pay. It's called price gauging.

So in conclusion, the fact that FOW armor, and rare items are in demand, means that resouses used to make them will also be in demand, meaning the coutinuence of the high prices on those items, and their use as supplmental curency.
Nice theorycraft; none of that will work in GW, and hasn't for the whole ~3 years of it's life.

IslandHermet

Wilds Pathfinder

Join Date: Aug 2007

Quote:
Originally Posted by Talach_Ninneed
/not-signed
theres a cut off limit for a reason, it forces people to invest in ectos/econemy.

if this is brought in i'd imagine a mass selling of ectos and a nice bit of them would be worthless. uw farming pointless etc.

Well that would be true if the same ectos did not change the same peoples hands over and over and over.

Hording ectos in stacks does not help the econ, and UW farming for ectos is pointless considering the drop rate/time spent

October Jade

October Jade

Wilds Pathfinder

Join Date: Jul 2005

drifting between Indiana and NorCal

Quote:
Originally Posted by RhanoctJocosa
Nice theorycraft; none of that will work in GW, and hasn't for the whole ~3 years of it's life.
I ridicule everyone who makes a "omg RL =/= GW so stfu" post. Yours is more civilized than most, but still incorrect.

Economics isn't about dollars or gold or oil cartel conspiracies. It's a study of people and the decisions they make. Ingame behavior is sometimes aberrant due to a lack of long-term consequences, but such circumstances comprise only a tiny fraction of overall economic involvement. The core thought process which leads to market activity is identical to that for any other part of one's life. Players constantly (even unconsciously) make rational price decisions in GW just as they would when shopping for groceries.

R.Shayne

Wilds Pathfinder

Join Date: Oct 2007

Quote:
Originally Posted by Talach_Ninneed
/not-signed
theres a cut off limit for a reason, it forces people to invest in ectos/econemy.

if this is brought in i'd imagine a mass selling of ectos and a nice bit of them would be worthless. uw farming pointless etc.
Trying reading the articles as to why "Green" weapons were introduced. It will give you a little insight as to why the 100k limit.

UW farming is pointless and has been for a while since you can make more gold per hour in other areas. Take your 100k to the temple of ages and covert it to ecto.

If you are hording ecto or armbraces I would suggest you start getting rid of it, once GW2 is released the price of rare material will most likely decrease since the number of players will decrease and so will demand (just like it has fallen since fewer people now play guild wars).

/signed

After all the cry babies stop complaining about their e-pen shrinking it might actually lead to a stable economy which would be a first for GW.

Fear Me!

Fear Me!

Frost Gate Guardian

Join Date: Nov 2005

E/R

/signed, but only if they're hot neon pink and glow like chaos gloves. It's a good idea, and will clearly become the new backing of the gw economy;I'll feel sorry for those people who hoard ectos though.