Zaishen keys going up in price?

The rule of thumb in GW is, once one person ups their price, many more will follow shortly after.

Thats the same as if someone lowers price, so do many others.

Every Day prices go up its just like the dye traders prices have a bounce every single now and then. We have red dyes going up and down and blue dyes going up down with prices. Z Keys are going up also but never down so if you ever purchased Z Keys when they were 3k I recommend selling them now for 6k.

Does not work that way.

You are in competition for buying those keys as supply is low. Your WTB: 5k a pop. Someone elses WTB: 6k a pop.

That other person gets keys untill he runs out of money. You can only wait out him or hope to to catch someones [email protected] before they notice 6k person.

True. However, due to the popularity of the chest right now, prices will only rise.

I don't see a price drop any time soon. Some people will still continue to sell for 4-5k each due to the easier sell, but those looking to gain by key sells will sell at 6k+ shortly.

Very true Malice. But you will have those underhanded sellers who will keep selling them at 5k even if people bump them up to 6k. If they get enough keys and enough of them do it they should be able to keep the prices stablized. Of course that is all in theory and nothing goes much by theory anymore. oO

The right price on a zaishen key ( after the zrank update ) would be a balance on the average gold gain per chest drop ( not only merch price but the actual item price in the market ) + the price on 5 points on the zaishen title track. There isnt a way to calculate that, since the drops are unpredictable and the you really cant put up a price on a title track like the zrank, so the average price is supposed to reach a optimum balance by a common sense of worth of the players...
...but that is screwed up due to the fact we dont have an auction house, and the optimum price goes up slowly ( wich is happening now ) and down. Fortunately it will reach a balanced price eventually, but might take even longer than ectos price balancing and other rare material trader itens because of the lack of a ceiling/floor price.

My prediction is that it will keep going up ( 7-8k ) until people that dont pvp ( buyers ) reach r3 zrank.

Just wait till people get their RP, so many people will be trying to unload keys.

Best time to unload keys= Just as they release new tonic
Worst time to unload=After an MAT or when RP's are given from predictions

What's so hard to understand that based on the above, prices will fluctuate according to....

Buy low sell high people affect the price as well. Sometimes if you wait around long enough you'll get a key or two for under 5k from someone trying to get rid of theirs quick.

It's kinda funny. Folks in this thread will pay 5k, but not 6k, however last week folks there would pay 4.5k but not 5k. Yes, prices are rising, and yes, you will pay for the keys just as long as you think you're getting a good deal.

When they reach 10K I might consider selling some of my keys.
Until then I'll keep using all keys myself.

My grand master plan is coming together. Soon, I will rule all of Tyria with my new keymaker shop, where I will make billions of Zaishen keys and sell them for trillions of gold! HAHAHAHHA! *goes off to find key making machine*

Two days ago, I can make note of around 70% of one district (of those who were selling) asking 5k per key. The remaining 30% were 4.5k, but no higher than that.

As of six hours ago, I can make note of around 50-55% of one district (again, of those who were selling) asking 5.5-6k per key.

Those who were buying, rather than selling, reached as high as 6k per key. So in my own personal judgment and sight, they'll be steadily rising.

Still, I wouldn't be surprised if the keys become alternate equals to Ectoplasm in high price trades.

i've bought 30+ for 4.5-4.7k ea...

I'm happy with selling them for 5k, I don't need more than that. I'v made 20k on them so far (4 keys.) and I have another 5 to sell. I only sell for plat because I never know when someone is trying to sell a duped ecto.

Yup, new tonic. Everyone wants to be the first to get the new Everlasting(and sell for the most while still shiny and new), hence more demand and sellers trying to get a higher price for their Z-keys. Give it a week and the price should normalize again.

I put the few I had in trade for 5.5K each about 4 days ago and got 14 replies in less then a minute.

It was nuts.

The main reason right now why Keys are rising is the Everlasting Automatonic, which is overpriced too, because it just came out. Those Tonics went down from 170e to 140e over the course of one weekend (this weekend), so I expect the Keys to drop again when the Tonics will fall as we go into June.
Over the long term Keys will not go as high as 6k and not as low again as 3k, 5k or 1e also seems to be reasonable to me.
Notice that Ectos dropped yesterday to 4.8 at Rare Material Trader, due to excessive farming (due to PvE-Perma-Shadow Form), so 1 Ecto = 1 Key is hard to maintain.

bought many keys yesterday @5k each easy...