I remember when a sup rune of vigor was worth 48k

N1ghtstalker

N1ghtstalker

Forge Runner

Join Date: Dec 2007

E/

i just remember when primeval remnant were 15k and titan stones were 15k
now they're barely 5k

eximiis

Lion's Arch Merchant

Join Date: Oct 2007

i remember setting out for an Ettins fiesta, getting 45 gold armor and then selling then for 10-15k each. making huge amount.

now, i sometime put sup vigor on heroes.!!!

Kay84

Kay84

Krytan Explorer

Join Date: Dec 2005

Netherlands

[DVDF]

E/

Quote:
Originally Posted by N1ghtstalker
i just remember when primeval remnant were 15k and titan stones were 15k
now they're barely 5k
Weren't titan gems like 85-90k before?

Dylananimus

Dylananimus

Lion's Arch Merchant

Join Date: Mar 2007

The Eternal Champions

W/Mo

Hehe...I remember when...oh wait, that makes me sound like my old grandma :/

I do recall having 2 sup Abs dropped for me by Ettins, on the same day. I think my jaw dropped and bounced a few times. I think they were worth about 50k or thereabouts at the time.

Makes me wish there was still a rune drop that could make you squee as much these days. Still, getting a sup Vig dropped is still a good feeling

Getting something a bit special dropped is always cool though. Won't necessarily sell it, but it feels good to see it fall.

Firebaall

Firebaall

Krytan Explorer

Join Date: Sep 2006

Now the only decent runed items that drop are blue...

Lilith St Cyr

Lilith St Cyr

Lion's Arch Merchant

Join Date: Aug 2006

I miss when I sold Kanaxai's Edge for 100K after just typing it once into Trade Chat... And Kanaxai's Axe around the same time for 85K *sigh*

Gwmaster

Jungle Guide

Join Date: Sep 2005

Canada/Quebec

N/

haha those where the days, when the underworld wasn't really known yet, i got a white storm bow 14-26 dmg...sold it for a nice 22k back then. i also remember Drake runs, since the drakes in gates of kryta where dropping golds like hell, i also remember the bugged chest in Sanctum Kay i think...it dropped crystallines, and one chest in Arid sea who used to drop unconditional weapons in the first week of gw. Then came the griffon farming madness, im serious when i say that i would pay 30$ for an update that could take me back there..for some reason i was more happy than atm.

Loviatar

Underworld Spelunker

Join Date: Feb 2005

[QUOTE]
Quote:
Originally Posted by Maverick2201
I don't understand... if everything cost so damn much back then, how was 100k gold of a higher value at the time? If 100k bought you 2 vigor runes then and buys you 5 now, how was 100k worth more then? If anything, 100k is worth more now since it translates into more stuff... Do you guys have any concept of economics?
i will explain as i have been here since early beta.

THE AVERAGE PERSON COULD NOT EVEN AFFORD A MAJOR VIGOR AT 35K LET ALONE A SUPERIOR AT 75K.

100K FOR SUPERIOR ABSORB?FORGET IT.

ANET PUT OUT AN INTERESTING PLAYER PROFILE FROM THEIR LOGS SHOWING THE AVERAGE PLAYER AT THAT TIME HAD 20K OR LESS.

DO THE MATH CLOWN MOST COULD NOT AFFORD THEM BACK IN THOSE STINKING GOOD OLD DAYS AND WE CAN NOW.

ECON 101 FAIL FOR YOU

Ctb

Desert Nomad

Join Date: Apr 2006

W/

Quote:
Originally Posted by Winterclaw
QFT. However I can't believe that there are some games that still require you to either use refund points or pay to reset your stats.
Gold sink. Games like WoW need to keep people grinding away, hour after hour, since they charge a fee. I, too, am glad GW doesn't do that. Having to pay out the rear just to change up your stats was one of the (many) things that caused me to loathe WoW after level 35 or so.

And, yea, I remember the expensive sup vigors. I also remember when you couldn't choose what to salvage and I lost my very first (40k+) sup vigor to crafting materials

Selling salvaged unident runes for people's PvP unlocks was great too.

HawkofStorms

HawkofStorms

Hall Hero

Join Date: Aug 2005

E/

[QUOTE=Loviatar]
Quote:

i will explain as i have been here since early beta.

THE AVERAGE PERSON COULD NOT EVEN AFFORD A MAJOR VIGOR AT 35K LET ALONE A SUPERIOR AT 75K.

100K FOR SUPERIOR ABSORB?FORGET IT.

ANET PUT OUT AN INTERESTING PLAYER PROFILE FROM THEIR LOGS SHOWING THE AVERAGE PLAYER AT THAT TIME HAD 20K OR LESS.

DO THE MATH CLOWN MOST COULD NOT AFFORD THEM BACK IN THOSE STINKING GOOD OLD DAYS AND WE CAN NOW.

ECON 101 FAIL FOR YOU
I WILL TALK IN ALL CAPTIAL LETTERS.

RAWR!

Esan

Esan

Jungle Guide

Join Date: Jul 2007

Wars

Quote:
Originally Posted by Loviatar
[...]
Your caps lock and bold keys seem oddly stuck. And, I wonder, have you ever used the quote tags correctly?

Dylananimus

Dylananimus

Lion's Arch Merchant

Join Date: Mar 2007

The Eternal Champions

W/Mo

[QUOTE=Loviatar]
Quote:

i will explain as i have been here since early beta.

THE AVERAGE PERSON COULD NOT EVEN AFFORD A MAJOR VIGOR AT 35K LET ALONE A SUPERIOR AT 75K.

100K FOR SUPERIOR ABSORB?FORGET IT.

ANET PUT OUT AN INTERESTING PLAYER PROFILE FROM THEIR LOGS SHOWING THE AVERAGE PLAYER AT THAT TIME HAD 20K OR LESS.

DO THE MATH CLOWN MOST COULD NOT AFFORD THEM BACK IN THOSE STINKING GOOD OLD DAYS AND WE CAN NOW.

ECON 101 FAIL FOR YOU
Hmmm, and here I was thinking LS made us all poor *shrugs*

People on here confuse me. They (as in majority, not individuals) say one thing, then contradict it completely with another thread...hehe.

Turbobusa

Forge Runner

Join Date: Jan 2006

By the Luxon Scavenger

The Mentalists [THPK]

N/

Quote:
Originally Posted by Maverick2201
Lots of things
We cannot compare money inflation to IRL inflation, because the ratio earning/items cost variation is huge compared to real life's.

Ho and back then you had way less people farming and less ways of farming. Obviously more money created generates lower prices. It's not just loot scaling causing that.

Quote:
Basically, people just made poor investments and are crying about it.
Or, we think it was more fun when you had to save money to buy stuff and actually enjoy when you buy a nice item. Maybe that's justme, I don't like getting stuff so easily now.

The REAL question to me, is would you rather get anything you want in a blink of an eye (exagerating of course) or having to work and actually enjoy getting things (not necessarly rare items).

I'll add, if my post is t be quote, that I'm not QQing. I just have a different view of what's fun and what's not to me, and I express it.

dunky_g

dunky_g

Desert Nomad

Join Date: Dec 2005

[SNOW]

Quote:
Originally Posted by reanimatorX
good times.


it occured to me a little while ago that the price dropped, its now only 18k.

anyone else remember an item that used to be alot, and now its much, much cheaper?
so you missed the 1st year of this game when it was at around 100k with sup absorb

Angelic Upstart

Angelic Upstart

Krytan Explorer

Join Date: Mar 2006

South Coast UK

[SBS] [RETIRED]

W/E

Quote:
Originally Posted by DarkFlame
I remember when you couldn't make one because the trader was always out of sup monk runes. You had to camp the trader clicking request quote and hope you were the first one to snatch up the rune.

LOL, same as that

Aera Lure

Aera Lure

Desert Nomad

Join Date: Aug 2005

In Baltar's head

Bring Out Your Dead [BOYD], former officer [LBS]

Mo/

Quote:
Originally Posted by reanimatorX
anyone else remember an item that used to be alot, and now its much, much cheaper?
HoD sword.

jiggles

Desert Nomad

Join Date: Sep 2007

N/

I got a guildie to buy me a sup rune for 78k iirc i threw it on my armour and none of us could get it back off

Painbringer

Painbringer

Furnace Stoker

Join Date: Jun 2006

Minnesota

Black Widows of Death

W/Mo

And I have 3 sups in storage waiting for them to go back up

Also stack of spiritwood planks just knowing the will be wurth something someday

BlueNovember

BlueNovember

Wilds Pathfinder

Join Date: Sep 2005

WTS GW2 items for Zkey

Mo/

Quote:
Originally Posted by Spaced Invader
...
Or when you had to use the SoC *while* the boss was using the elite skill to cap it.
...
Ah, good times. Or not.
lol! Yes, quite. Click-spamming SoC trying to get bloody [wiki]Shield of Regeneration[/wiki] is not something I ever want to repeat. Sitting in THK was arguably even worse, as if you missed the cap on [wiki]Mark of Protection[/wiki] you have to wait around for another minute or so without killing the boss...

What was the next version? Didn't the boss "drop" the elite skill or something? I remember seeing the "Barrage" icon floating above a corpse. Something of a click-and-drag business to acquire it iirc.

Carboplatin

Carboplatin

Jungle Guide

Join Date: Jul 2005

[PIG]

W/A

i remembered when zealots fire triggered on watch yourself!

Bryant Again

Bryant Again

Hall Hero

Join Date: Feb 2006

I too remembered when I couldn't afford anything. But I specifically remember finally having enough k to buy a Sup. Absorption rune, only to see them drop down by about 99k over the next month or so.

Medic

Medic

Frost Gate Guardian

Join Date: Feb 2006

CA

[DNR]

Mo/

I remember when sup vig and absorbtion were both 100k from the rune trader.

I Is Special

I Is Special

Wilds Pathfinder

Join Date: Nov 2006

NJ

To Gain Extra Mobility We Play [NUDE]

W/

I remember when grinding the Treasure hunter title could actually net you a profit.

Numa Pompilius

Numa Pompilius

Grotto Attendant

Join Date: May 2005

At an Insit.. Intis... a house.

Live Forever Or Die Trying [GLHF]

W/Me

[quote=Dylananimus]
Quote:
Originally Posted by Loviatar
Hmmm, and here I was thinking LS made us all poor *shrugs*
Runes and most high-end gear dropped in price long before LS was introduced, but no, LS didn't make anyone poor. It just made farmers gain wealth at a very slightly slower pace than previously. All in all the LS had much smaller effect on the bigtime farmers than the constant drop in price of items. Doesn't stop the farmers from complaining about LS, of course, complaining is what farmers do. They just added complaining about LS to the long list of things they were already complaining about, notably that farming is too easy, causing lower prices of the expensive items they farm, and that they get too little drops.
(Yes, those complaints are mutually contradictory.)

Hardly anyone is poor; even the average 2006 player with just 20K on the account can afford everything they need and then some. The only expensive items in the game are a few vanity items - which means we're all rich.

Gwmaster

Jungle Guide

Join Date: Sep 2005

Canada/Quebec

N/

but if everyone is rich..then no one is..zomg paradox *head implodes*

quickmonty

quickmonty

Ancient Windbreaker

Join Date: May 2005

I remember farming ettins in NKP till my eyes bled, and getting richer every run. Sup vigors and leet armor for all my character.

Maverick2201

Maverick2201

Frost Gate Guardian

Join Date: Feb 2008

R/N

Quote:
Originally Posted by Loviatar

i will explain as i have been here since early beta.

THE AVERAGE PERSON COULD NOT EVEN AFFORD A MAJOR VIGOR AT 35K LET ALONE A SUPERIOR AT 75K.

100K FOR SUPERIOR ABSORB?FORGET IT.

ANET PUT OUT AN INTERESTING PLAYER PROFILE FROM THEIR LOGS SHOWING THE AVERAGE PLAYER AT THAT TIME HAD 20K OR LESS.

DO THE MATH CLOWN MOST COULD NOT AFFORD THEM BACK IN THOSE STINKING GOOD OLD DAYS AND WE CAN NOW.

ECON 101 FAIL FOR YOU
I don't think it takes a genius to deduce what you've posted. I get all that. I guess the only concept I'm missing is that a "good" economy in GW, in your mind, is one where the overwhelming minority of people hold the overwhelming majority of wealth in the game.

Quote:
Originally Posted by Turbobusa
We cannot compare money inflation to IRL inflation, because the ratio earning/items cost variation is huge compared to real life's.

Ho and back then you had way less people farming and less ways of farming. Obviously more money created generates lower prices. It's not just loot scaling causing that.
I agree with you that you cannot compare much of GW economy with IRL economy, but what you've said is completely wrong. More generated money makes the value of the money go down and therefore prices to rise. This is truly simple economics. Do you think if the feds started just printing more money that prices would be unaffected or... go DOWN? If the feds just started printing money left and right, prices for everything would skyrocket. This is the same as when farmers were able to farm w/out lootscaling, etc. and were making massive amounts of money and introducing massive amounts into the economy. Since Merchants have bottomless pockets, farming and merching is essentially the same as printing money. The more effective farming is, the less gold is worth. If you make farming less effective (LS), with the gold sinks in the game, the overall amount of gold in circulation falls and the value of a gold piece rises.

What people are saying is that the best economy is one where people rarely (or never) move between classes. The poor stay poor, the rich stay rich. If people have a means to work their way from poor to rich and the percentage of rich people in the GW world rises, the rich start whining because they can no longer show off their richness. While I understand this concept, it is somewhat funny watching the elite, richest-of-the-rich in this game QQing about it...

Konig Des Todes

Konig Des Todes

Ooo, pretty flower

Join Date: Jan 2008

Citadel of the Decayed

The Archivists' Sanctum [Lore]

N/

I remember when Vigor was in 30ks, all monk sup runes were over 10k each, and the few days white dye was 40k, that was a short time*sucks for those "leetists" who rushed to buy them, and I even farmed one in pre during the preview event for NF *.

{IceFire}

{IceFire}

Forge Runner

Join Date: Oct 2005

W/

Quote:
Originally Posted by Kay84
Yeah, I remember when Superior vigor and abs were 100k each.
x2 12 characters

Loviatar

Underworld Spelunker

Join Date: Feb 2005

[QUOTE]
Quote:
Originally Posted by Maverick2201
I don't think it takes a genius to deduce what you've posted. I get all that. I guess the only concept I'm missing is that a "good" economy in GW, in your mind, is one where the overwhelming minority of people hold the overwhelming majority of wealth in the game.
no....where the underwhelming super rich minority are not able to hog the *SHINEYS*

since this is not GW:TYCOON where the winning goal is to out epeen everybody with your wealth thereby making you the winner ANET has from the start taken steps to knock down hardcore farmer prices.

most players are playing the actual game and dont even notice the so called economy.

so yes if prices on all the elite im super rich special admire me go down the tube making the nice shineys available to the main casual playerbase its fine with me.

and no i am not poor as i can get almost anything i want except super rares.

IT IS A FUN GAME NOT AN ECONOMIC SIM

Sergeant of Marines

Sergeant of Marines

Desert Nomad

Join Date: Jul 2006

Japan

[트두므s], Guild Leader

Mo/

Quote:
Originally Posted by Maverick2201
I don't understand... if everything cost so damn much back then, how was 100k gold of a higher value at the time? If 100k bought you 2 vigor runes then and buys you 5 now, how was 100k worth more then? If anything, 100k is worth more now since it translates into more stuff... Do you guys have any concept of economics?

If the gross monetary cost of an item is very high, that means the value of a single unit of money is very low. Look at the Yen. In Japan, a typical car costs hundreds of thousands of Yen because the VALUE of a single Yen is very low. If all of the sudden prices, in Yen, started dropping for autos in Japan, that would be a sign that the VALUE of the Yen was rising and people would be happy.

The REAL question is, would you rather have hundreds of thousands or even millions of gold pieces and have items that are worth hundreds of thousands of gold... OR... would you rather have items worth tens of thousands of gold and have many people with far less money?

The problem people have is that people who had a shit-ton of gold back in the day, when gold was very low value (before lootscaling and before many nerfs to farming), didn't spend it and now have a shit-ton of gold that is worth a lot more and can buy anything they want. There has been MASSIVE deflation in GW and its causing people to become alarmed because in the real world, people are only used to inflation, where prices for items only go up and people get poorer unless money becomes easier to come by. In the GW world, money was VERY easy to come by and then became even more valueable than it already was causing everyone to become rich.

What you people are actually clamoring for is INFLATION which is the opposite of what any economist wants. Deflation is nearly always a good thing because it means a single unit of money can buy more stuff. Now that everyone can buy more stuff, its making the super-rich feel less uber because many people can buy their uber stuff.

In the end, the only people who are really suffering are the super rich, and they're only suffering because there are very few items in the game that are unobtainable. They have no way to show off their massive money.

On the other hand, the normal gamers with normal amounts of money are now able to afford some cool stuff and love the current economy.

What it boils down to is that the uber-rich are pissed that their e-peen shrunk.

If RMT'ers or Ursan or any other bane of the uber-rich was really affecting the economy, prices for items would skyrocket because there would be so much more gold introduced into the market that the value of the gold would fall.

Someone pointed out in another thread that a great way to see what the true value of GW gold is doing is to keep track of how much US $$ the RMT's are selling gold for. If you've kept track, you'd see that 100k GW gold that was only $12 a month ago is now approximately $20. This CLEARLY shows that the value of a single gold is rising and everyone with GOLD is getting richer. The only people who are getting poorer are people who invested a ton of their gold in ITEMS like ectos or armbraces or whatever. Since those items' prices fell, if you paid 100k for 10 ectos back then, didn't sell them, you now have 10 ectos worth only ~47k. That is what deflation does... it makes the worth of a unit of money go up and the worth of an item go down.

Basically, people just made poor investments and are crying about it.
Actually the Yen rate is higher than the American dollar currently.

1 Yen generally is about a penny (same thing as a penny)

trade value currently= 97 Yen to $1.00

DarkFlame

Desert Nomad

Join Date: Feb 2005

Ascalon

E/

Quote:
Originally Posted by Lilith St Cyr
I miss when I sold Kanaxai's Edge for 100K after just typing it once into Trade Chat... And Kanaxai's Axe around the same time for 85K *sigh*
And Mallets were in the 25k range. Now not even the sword goes for that much even though there are no longer many people farming there. And the Ghail's Staffs that went for 60k before everyone figured out it only took 5 minutes to whack the staff outta Ghail. Oh what fortunes could be made just a little over a year ago.

Quote:
Originally Posted by Maverick2201
The value of the item has not dropped... the value of a gold piece has risen substantially.
Wrong. Look at sup vigors/abs. In the first year(or so) of play, they simply did not drop. Didn't matter how much gold you had, you simply couldn't get your hands on one, except through the trader. And it was only at 100k because that is the max amount of gold they could sell anything for. Those runes only dropped in price after Anet fixed the bug that kept them from dropping. Look at any of the rare materials, ele/dead swords, crystallines, etc... for other examples of items themselves being devalued as more and more of them became available in-game.

The point of this is that you can't use rare items as a basis for determining the value of raw gold. Well, not the common rares that still have a source in-game, you would have to branch into the ultra uber rares, like the Polar Bear and the the few unconditionals out there. The price you would pay now for them was unheard of back then. Trading for stacks of ectos(let alone stacks of ambraces) was not done, no one had that kind of gold(well, maybe only one or two). People can do that now precisely because the value of gold has gone down. And no, people did not have a "shit-ton of gold back in the day." Anet put the numbers as the majority of players having only 20k, max. Middle class was around 100k, not the million mark it is today. The value of gold has not gone up, at all.

And using gold seller prices is also a poor indicator. Loot scaling makes it harder for everyone to gain gold. Less supply and greater demand(from more players who turn to RMTs to offset their lowered cash flows), means prices rise, regardless of the value of gold in-game.

Quote:
Originally Posted by Maverick2201
What people are saying is that the best economy is one where people rarely (or never) move between classes. The poor stay poor, the rich stay rich. If people have a means to work their way from poor to rich and the percentage of rich people in the GW world rises, the rich start whining because they can no longer show off their richness. While I understand this concept, it is somewhat funny watching the elite, richest-of-the-rich in this game QQing about it...
Btw, I don't see anyone saying this, just you putting words into the mouths of others. This thread is for old players reminiscing about the old state of the game, lets keep it at that, make your own thread if you wanna talk about something else. And blah, you just made me commit a wall of text in response.

Quote:
Originally Posted by Gwmaster
but if everyone is rich..then no one is..zomg paradox *head implodes*
Nope, just the ones on guru.

Malice Black

Site Legend

Join Date: Oct 2005

I remember when people played to have fun.

*good days*

Neo Nugget

Neo Nugget

Site Contributor

Join Date: Jan 2006

R/

Ah yeah good times gooooood times.

*tear*:P

CyberMesh0

CyberMesh0

Jungle Guide

Join Date: Jul 2005

Charter Vanguard [CV]

N/Me

I remember the day after sup absorbs dropped to 100g was the day I got my first sup absorb. I have never gotten a sup vigor in almost three years of playing.

Also I remember the market spike that drove black dye up to 48k.

Jake_Steel

Jake_Steel

Lion's Arch Merchant

Join Date: Oct 2007

Portland, OR

The Older Gamers (TOG)

N/Me

I still have fun! I also come here to point and laugh between dungeons!

Malice Black

Site Legend

Join Date: Oct 2005

I got a sup asorb last night while doing a desert mission, I LOL'd then said to my guildie this was worth 100k 3 years ago, now the merch laughs at them.

jimmyboveto

jimmyboveto

Krytan Explorer

Join Date: Jul 2006

US

Legion of Avalon

W/

[QUOTE=Loviatar]
Quote:

i will explain as i have been here since early beta.

THE AVERAGE PERSON COULD NOT EVEN AFFORD A MAJOR VIGOR AT 35K LET ALONE A SUPERIOR AT 75K.

100K FOR SUPERIOR ABSORB?FORGET IT.

ANET PUT OUT AN INTERESTING PLAYER PROFILE FROM THEIR LOGS SHOWING THE AVERAGE PLAYER AT THAT TIME HAD 20K OR LESS.

DO THE MATH CLOWN MOST COULD NOT AFFORD THEM BACK IN THOSE STINKING GOOD OLD DAYS AND WE CAN NOW.

ECON 101 FAIL FOR YOU
Urm... no that's not the point i think he was trying to make. Basically, 100k back then could buy a lot less then it can now, which is totally true. Thus, 100k has more value today.

chowmein69

Forge Runner

Join Date: Jan 2007

I remember when white dyes were 70k when it first came out
now their 3k -_-

Malice Black

Site Legend

Join Date: Oct 2005

Heh yeah.

sCRUB: OMG white dye!!!
Guru: Pic or GTFO