What happened to Ecto and Shard Prices

gerg-nad

Lion's Arch Merchant

Join Date: Oct 2006

Minnesota

[OhNo]

Have you looked at Ecto and Obsidian Shard prices lately. They have made significant swings. Ecto went down and Shards went up.

I may have not got the full story as I have not really read anything officially, but I heard it has something to do with the increments of prices, but really don't understand. Did Anet tapper witht he economy again. Any folks with ectos just lost a lot of money. Any folks with Shards likely made some.

These deliberate changes to high end monitary items, ecto's are used as cash, is unfortunate and concerning. It is likely making some folks upset, but I did not see much on this forum.

HariTec

Academy Page

Join Date: Aug 2006

W/Mo

PermaSin Farmers have been raping the Underworld - mindblades on the Chaos planes are easy for PermaSins and are known to drop a lot of ecto. Some people talking about 6 to 10 ecto in a single run.

I guess it is not so easy to do in FOW, or there is not a place with as reliable shard drops - so FOW is not seeing the pressure that UW is.

I am disappointed as I got a req 11 Eternal blade in UW that I sold for 210 Ectos - price of ecto dropping probably means that I shoulda kept the blade

a-kyle

Krytan Explorer

Join Date: Apr 2008

A/R

shards are rare and echo is found any where (any where is high end game areas.)

Legendary Shiz

Legendary Shiz

Desert Nomad

Join Date: Apr 2006

FoW can't be solo'ed as easily, and the clears take longer.

UW can not only be cleared in half the time of FoW if it's a good group, but it can be solo'ed more easily.

Angels Guidance

Angels Guidance

Frost Gate Guardian

Join Date: Aug 2007

Something something... [GoDT]

Mo/Me

More ecto (and cheaper for that matter) = more people crafting obsidian armor, bringing about the rise of prices of the 'crafting material' shards... Shards arnt used for trades thus people dont tend to hold onto them, nor are they farmed... as much

NoXiFy

NoXiFy

Wilds Pathfinder

Join Date: Aug 2007

★☆٭Ńēŵ~ŶờЯК٭☆★

The Benecia Renovatio [RenO]

Mo/Me

its cause ursan-way fow got less popular, and uw-ursan became popular which made 600/smite go uw only and same thing with soloers.

Fay Vert

Desert Nomad

Join Date: Apr 2006

R/

Quote:
Originally Posted by a-kyle
shards are rare and echo is found any where (any where is high end game areas.)
erm...

You sure about that?

Aera

Aera

Forge Runner

Join Date: Dec 2005

Galactic President Superstar Mc [awsm]

E/

It's just a matter of time before somebody finds a way to solo for shards in hyperspeed. It's already possible, but not as easy as ecto, and ecto are still worth more.

The forth fly

The forth fly

Krytan Explorer

Join Date: May 2008

england

Mo/

i can get 5-10 shards in 1 run the only problem is that it takes 45 mins to do. You still make more money farming ectos even if you sell them to merchant

ShadowbaneX

Wilds Pathfinder

Join Date: Jun 2006

Heroes of the Horn

A/Me

so shards are the new ecto?

Neo Nugget

Neo Nugget

Site Contributor

Join Date: Jan 2006

R/

ecto is 5k at the trader. I've never seen it at just 5k before.
Ecto are still more than shards right now though.

Kusandaa

Kusandaa

Forge Runner

Join Date: Jul 2006

N/Mo

- People realized ectos can be farmed easily.
- They stopped farming FoW; less shards on the market.
- They now can get FoW armor easily. But they need shards.
- Shards went up in price.

Ate of DK

Ate of DK

Wilds Pathfinder

Join Date: Oct 2005

Netherlands

None but Fools [nuts]

Quote:
Originally Posted by Neo Nugget
ecto is 5k at the trader. I've never seen it at just 5k before.
Ecto are still more than shards right now though.
I think ecto's were around 5K for the past few months. Swinging up and down sometimes. I remember that I bought a few ecto's for my FoW in februari (this year) for 4.8K at the trader. Shards were around 1.8K at the time.

StormDragonZ

StormDragonZ

Desert Nomad

Join Date: Jan 2008

New York

W/R

Offtopic: I've noticed Onyx Gemstones and Diamonds have gone up.

Ontopic: The amount of Obsidian Shards most likely went up in price thanks to them being low on the market. Ectoplasm, on the other hand, went down thanks to new ways to farm... at least that is what I assume.

Dante the Warlord

Desert Nomad

Join Date: Jul 2006

W/R

Yea shards are more expensive, but this is not going to last, eventually everyone will get obsidian armor on their mains and this will all pan out as obsidian armor becomes far less "L33T". I don't plan on ecto dropping anymore, 1. because anyone who wants to have a perma SF sin bad enough would have made a sin already and started farming for hours (putting this around summer time were kids get off of school was NOT a good idea though) and 2. there would be nothing worth achieving(in the means of reasonable) and yet another load of people would stop playing..

Taisayacho

Taisayacho

Wilds Pathfinder

Join Date: Jan 2007

England (GMT)

The Imperial Guards of Istan [TIGI]

R/

PermaSin has made ecto farming, simply, too easy, and since traders go by the amount people sell to them, which is on the up, prices go down. More people farming ectos = less farming shards, often, so shards go up.

Narcissia

Narcissia

Wilds Pathfinder

Join Date: Jul 2007

BC Canada

Guild With No [NAM???]

shards are more expensive bcuz they arent farmed as much as ecto. plenty of ppl farm the ecto for fow armor, then buy shards. more ecto now = more ppl getting armor = higher demand for shards = relatively low supply = price goes up

Jetdoc

Jetdoc

Hell's Protector

Join Date: Jul 2005

The Eyes of Texas [BEVO]

D/A

Quote:
Originally Posted by Dante the Warlord
I don't plan on ecto dropping anymore, 1. because anyone who wants to have a perma SF sin bad enough would have made a sin already and started farming for hours (putting this around summer time were kids get off of school was NOT a good idea though) and 2. there would be nothing worth achieving(in the means of reasonable) and yet another load of people would stop playing..
I am at the other end of the spectrum...I think we're just seeing the tip of the iceberg related to SF farmers. It wouldn't surprise me if ectos were actively being traded between players for less that 4K within a month. Even at that price, SF farmers are still making a killing.

Patsrule711

Frost Gate Guardian

Join Date: Apr 2007

Massachusttes

None right now

W/

you know what happened to ecto prices a/e and ursan is what happened.

Nessar

Nessar

Krytan Explorer

Join Date: Jun 2008

West Siiiiiiiiiiiiiide

Gwen Has A Thing For [Pyre]

Quote:
Originally Posted by Jetdoc
It wouldn't surprise me if ectos were actively being traded between players for less that 4K within a month. Even at that price, SF farmers are still making a killing.
Aye, I agree with you.
Yesterday people were buying ectos in TOA and Kama for 4.3,4.4k.
I don't doubt that ectos will be 4k within a couple of weeks.

Proff

Proff

Jungle Guide

Join Date: Jun 2007

ehm, more ecto just means there's more people buying obsidian armour sets, and since no one hoards shards you have to buy them from the trader eventually making their price go up.... it's not rocket science nor id it anet "tampering" with the economy.

dilan155

dilan155

Desert Nomad

Join Date: May 2007

living room

N/

Quote:
Originally Posted by a-kyle
shards are rare and echo is found any where (any where is high end game areas.)
really? i dont think so, back when there were no perma sins, shards dropped like crazy and i mean like atleast 5 per run+ end game chest, while the only ectos that saw the daylight were the ones droppping for the terra tanks( occasional drop for normal folks too). also they only drop in Uw and Tombs not just any eilte area. oh and as a side note, the gw economy is getting waay out of hand, those who has stacks of ectos (i hate them but do feel pity) just lost possible hundreds of thousands. i really hope a-net make another update or gw 1 will become %&$#

Mac Sidewinder

Lion's Arch Merchant

Join Date: Jun 2007

Quote:
Originally Posted by dilan155
really? i dont think so, back when there were no perma sins, shards dropped like crazy and i mean like atleast 5 per run+ end game chest, while the only ectos that saw the daylight were the ones droppping for the terra tanks( occasional drop for normal folks too). also they only drop in Uw and Tombs not just any eilte area. oh and as a side note, the gw economy is getting waay out of hand, those who has stacks of ectos (i hate them but do feel pity) just lost possible hundreds of thousands. i really hope a-net make another update or gw 1 will become %&$#
You know it really breaks my heart to see someone with stacks of ectos lose a few hundres thousand gold. I don't think the price of ecto will fall much more - even if it does at least some more people who normally wouldn't have been able to get some of the nicer things can now. This isn't all bad. The people who have had all the money have had plenty of time to get what they wanted. IMO its time for everyone else to be able to afford a few things.

dilan155

dilan155

Desert Nomad

Join Date: May 2007

living room

N/

Quote:
Originally Posted by Mac Sidewinder
You know it really breaks my heart to see someone with stacks of ectos lose a few hundres thousand gold. I don't think the price of ecto will fall much more - even if it does at least some more people who normally wouldn't have been able to get some of the nicer things can now. This isn't all bad. The people who have had all the money have had plenty of time to get what they wanted. IMO its time for everyone else to be able to afford a few things.
ofc its not all bad, im all for ppl being able to get obi set and choas gloves and what not, but what will be the point if you don't actually have to work towards them? in a few months most ppl will have obi sets and the e-peen boost it gives will go down and so why buy it? imo most fow sets suck with the exception of monk para and 1 or 2 more profs. so with them being extremely easy to buy ppl will stop buying them. and what about weps that were +45 ectos those will go up and remeber not everyone farms, there are those who farm 7-8 hours per day, those who farm a couple of hours a day and those who want to do something other than farming

cosyfiep

cosyfiep

are we there yet?

Join Date: Dec 2005

in a land far far away

guild? I am supposed to have a guild?

Rt/

gee ecto dropping...shards are meh....
so what will people use instead of ecto for trading --armbraces again????

glad I dont have any of either-----

bhavv

bhavv

Furnace Stoker

Join Date: Sep 2006

Quote:
Originally Posted by Aera
It's just a matter of time before somebody finds a way to solo for shards in hyperspeed. It's already possible, but not as easy as ecto, and ecto are still worth more.
Before WoH got buffed, I was hyperspeed farming FoW HM with my 600 monk and smiter hero.

The WoH buff to allow it to target the caster kind of completely killed this because shadow priests never seem to die anymore

Red Sonya

Desert Nomad

Join Date: Jul 2005

Quote:
ecto's are used as cash
Anet never said or promised that ectoes would maintain any certain value. If people used them like cash that was THEIR fault and they just GAMBLED on the economy and them being a stable price always. Welp that's the way the cookie crumbles and people just lost cash just like the do in the stock market in rl everyday. But, welp now they can invest in shards or zashien keys since they are going for 5k+ nowadays because of the zashien chest and now those everlasting tonics. Tonics are probably way more rare than ectoes will ever be so there's value in them thar zashien keys for quite some time now.

Mac Sidewinder

Lion's Arch Merchant

Join Date: Jun 2007

I think some of the pressure on the price of ecto will fall off when the favor is gone. If it doesn't then something else will take the place of ecto for currency.

Sora267

Sora267

Krytan Explorer

Join Date: Dec 2006

Quote:
Originally Posted by Mac Sidewinder
I think some of the pressure on the price of ecto will fall off when the favor is gone. If it doesn't then something else will take the place of ecto for currency.
So, if ANet knows what's good for the economy, they won't have a title event this weekend (The favor is due to run out in a little over 2 days). Right?

Edit:
Quote:
Originally Posted by Ate of DK
I think the favor is still ~5700 minutes. Means 4 days when nobody maxes a title. I'd say favor won't run out for the next week.
Whoops, forgot people still maxed titles.

Ate of DK

Ate of DK

Wilds Pathfinder

Join Date: Oct 2005

Netherlands

None but Fools [nuts]

Quote:
Originally Posted by Sora of the Divine
So, if ANet knows what's good for the economy, they won't have a title event this weekend (The favor is due to run out in a little over 2 days). Right?
I think the favor is still ~5700 minutes. Means 4 days when nobody maxes a title. I'd say favor won't run out for the next week.

Kerwyn Nasilan

Kerwyn Nasilan

Forge Runner

Join Date: Aug 2007

WHERE DO YOU THINK

W/

Mr. Permasin gos farming with hsi buddy Mr. Farmtomuch. Mr. Permasin sell shis ectos dropping price, Mr Farmtomuch wants Obby armor to feel leet so he gos to buy shards, uping price. Now multipky Mr&Mr by however many sins are out there farming and you have the shift.

Lord High Pwner

Lord High Pwner

Lion's Arch Merchant

Join Date: Dec 2005

Arizona

KGOA Knights of GOA

D/

I would venture to say with the influx of Perma form farmers they are farming alot of ectos and buying shards in quatity from trader since its faster and they are getting alot of ectos per run. So shards go up and ectos go down because im willing to bet a good portion of the people who buy shards at trader just sold ecto to trader as well.

ShadowsRequiem

ShadowsRequiem

Furnace Stoker

Join Date: Oct 2005

Inde is Smoking [Hawt] *ToA*

W/E

increase in shard price is pretty funny. Since uw is so easy and you can make so much all the HM fow and ursan groups have left to make sins.



Think i'll spend all my ecto!

The Red Messenger

The Red Messenger

Krytan Explorer

Join Date: Mar 2008

America

for the longest time, ecto incriments were 4.6, 4.7, 4.8, 5.5, 6.0, 6.5, etc.

they recently changed it to 4.6, 4.7, 4.8, 5.0, 5.5, 6.0, 6.5, etc.

basically added 5.0 which was previously never a possible ecto price.
this price update helped lower ecto value.

as far as shards are concerned, its obvious there are less shards on the market, and people need em for FoW armor. people who never had 30+ ectos now have 300+, and are eager to get their armor. so eager they will buy at merch to get it today =)

evenfall

Lion's Arch Merchant

Join Date: May 2005

Ectos dip to 4.5k at the trader a short while ago before moving back to 4.8k. The increment is more like 4.5k, 4.8k, 5.0k, 5.5k now.

undead living

Wilds Pathfinder

Join Date: Jan 2008

Nobl

N/Me

i say we should stock up on ectos when the prices r low and when gw2 comes up hopefully sf farmers will quit playing gw for a lil bit and prices go up

Chthon

Grotto Attendant

Join Date: Apr 2007

Quote:
Originally Posted by gerg-nad
Have you looked at Ecto and Obsidian Shard prices lately. They have made significant swings. Ecto went down and Shards went up.

I may have not got the full story as I have not really read anything officially, but I heard it has something to do with the increments of prices, but really don't understand. Did Anet tapper witht he economy again. Any folks with ectos just lost a lot of money. Any folks with Shards likely made some.

These deliberate changes to high end monitary items, ecto's are used as cash, is unfortunate and concerning. It is likely making some folks upset, but I did not see much on this forum.
Ecto prices: Perma-sin became easier to do (it was already doable) and major farming started. This, alone, actually had very little effect on supply (since it was already astronomical), and therefore little effect on price. Idiots started panicking that the sky was falling (check out a dozen threads on the topic here) and selling off their ectos/not making ecto purchases they otherwise would. That moved the price down a little.

Shards: Perma-sins want their FoW armor. They can farm the ectos, but they buy the shards. Since people who were never in the market for FoW suddenly are, price increased along with demand.

Kanyatta

Forge Runner

Join Date: Jun 2006

Guildless, pm me

R/Mo

Because Ectos are just as farmable as Shards, and you get more gold for them in the long run. More Ectos being milked, and not being put back into the economy.

Also, hundreds of people are going "I want FoW armor, and I have 500 Ectos, and no Shards. I know! I'll sell some Ecto to players and buy Shards from the trader!" Thus, Shard prices go up, and more Ectos are being milked and not put back in.

This was bound to happen after Ursan and SF went unchecked by devs.

Mac Sidewinder

Lion's Arch Merchant

Join Date: Jun 2007

Quote:
Originally Posted by Chthon
Ecto prices: Perma-sin became easier to do (it was already doable) and major farming started. This, alone, actually had very little effect on supply (since it was already astronomical), and therefore little effect on price. Idiots started panicking that the sky was falling (check out a dozen threads on the topic here) and selling off their ectos/not making ecto purchases they otherwise would. That moved the price down a little.
Exactly. This game is 3 years old now and UW has been farmed for ectos since it was created. This influx of new ectos is a very small percentage of whats already out there. I think the reason for the price dip is because of sellers trying to undercut each other to make a quick sale. If people would all sell just under the merchant price (and the same as each other) then it would stay stable.

undead living

Wilds Pathfinder

Join Date: Jan 2008

Nobl

N/Me

Quote:
Originally Posted by undead living
i say we should stock up on ectos when the prices r low and when gw2 comes up hopefully sf farmers will quit playing gw for a lil bit and prices go up
a nother thing to add some1 wit tons of money should take 1 for the team buy 7 stacks of ectos from the trader and be consider a hero of gw econmy for about 1 week