Quote:
Originally Posted by Yawgmoth
Well, we can observe invigoration in the economy at the moment, there's a very high demand for assassin runes, elite sin tomes sell exceptionally well even with how much they're overfarmed, and other misc. sin items started to sell really well (I sold a bunch of random gold daggers and 5x 20% enchanting mod for daggers this week I had lying around for months)
Also, people who never had bigger money were able to make a couple hundred plat with this easy farm, this also provides fresh new buying power to the market..
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So it is having a positive effect then.
Quote:
Originally Posted by Yawgmoth
Everything seems great... no negative effects are visible right now. I haven't observed any panic among high-end traders and ecto holders ingame. Ecto prices are still stable, people still buy large quantities at 4700-4800 each, just like a month or two ago. The demand for ectos is still huge. The market for ectos hasn't saturated yet but the real massive farming hasn't even started!
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How do you know this? Do you think it will keep swelling and swelling untill everybody is farming the UW? Pure speculation - not everyone is willing or likes to farm in the first place.
Quote:
Originally Posted by Yawgmoth
Thousands of players are making their sins right now! I've seen lots of clueless sins in ToA who don't even know the build, or keep failing at it miserably (lol).
There are still huge masses of middle-class and semi-rich players who don't even know about the whole thing. I've talked with people I traded with this weekend (I traded alot, big volume trades), and the general knowledge about the issue is close to nonexistant.
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Again speculation. How could you possible know that THOUSANDS of people are currently making sins for this purpose? I'm pretty sure that some people have done this but to say that there are THOUSANDS of new sins being made for the purpose of farming for ectos is your imagination talking. And if there are "lots of clueless sins failing miserably in TOA then maybe they will get tired of trying and quit.
Quote:
Originally Posted by Yawgmoth
But it won't last long this way, it just can't. If no nerfs happen, ectos will lose their buying power on the market. The demand for them will stay high for a long time but the supply will only multiply. Anyone who has at least basic economic knowledge and who has seen the rates at which ectos can now be easily produced should realise that FoW armor/Choaos Gloves will be far more accessible for the masses than ever, but the true rare items won't.
I predict a crash coming in no later than 3 weeks from now if no nerf happens, but we will see If I was right.
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If the majority of ecto is being farmed for FoW armor/Choaos gloves then these ecto will be removed from the game, (as I suspect that the majority of people are doing this for). The only downside that this will cause is that more and more people will be able to obtain these items, making some of the "l33t" people who already had these cry foul, because it was easier.
The only way a "crash" would come is if people took their stacks and stacks of ecto and sold it to the trader (assuming that Anet doesn't have a minimum price set at the trader for ecto). If people continue to sell to other players then the trader is not involved at all and the price remains the same.
One of the benefits is that more and more people are able to purchase some things that they couldn't before. If you are farming ecto to gain wealth then simply sell it to other players till you max your gold storage. What do you really need more than a million gold for anyway?
What all you doomsayer people fail to realize is that this farm was possible BEFORE the sin buff. Ecto was being farmed this whole time, not just in the last month. The sky is not falling and the market won't crash.
This is just another "Oh noes" thread.