What happened to Ecto and Shard Prices

eeks

eeks

Krytan Explorer

Join Date: Jul 2006

Sydney, Australia

Lubricated Volcano Love [Club]

Rt/Mo

Quote:
Originally Posted by Mac Sidewinder
If people would all sell just under the merchant price (and the same as each other) then it would stay stable.
Unfortunately, there's two sides to that. Not many people want to buy for that price, even if they're still making 100g profits per ecto. Hell, I sold some ectos for a reasonable price that'd profit the buyer by about 400-500g per ecto, and someone still tried to shave quite a reasonable amount off my price.

Also, ew. I'm not ever going to buy shards - FoW armour's gross.

Tyla

Emo Goth Italics

Join Date: Sep 2006

Ectos are just balancing between 4.8k and 5.5k for me.

Shards are going up, which is good.

Lykan

Lykan

Forge Runner

Join Date: May 2005

StP

R/

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.
ARe you serious? You cant think of any reason why?

Hello??? Where have you been the past month.

Abedeus

Abedeus

Grotto Attendant

Join Date: Jan 2007

Niflheim

R/

Quote:
Originally Posted by Tyla
Ectos are just balancing between 4.8k and 5.5k for me.

Shards are going up, which is good.
Now try to sell them for 4,6k. People will laugh at you. If you sell for 4.4k, you're good at trading.

FrAnt1c??

FrAnt1c??

Forge Runner

Join Date: Jan 2007

Belgium

Legion Of Sacred Light [LSL]

Mo/

There are still ways to dual smite fow, and kill those idiot shadow monks

Yawgmoth

Yawgmoth

Furnace Stoker

Join Date: Apr 2005

Quote:
Originally Posted by The Red Messenger
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.
The 5.0 was always there, but it doesn't mean it had to be simply between 4.8 and 5.5. In fact it's below the 4.8 we got used to.
The sequence looks more like 4.8, 5.0, 4.8, 5.5, 6.0,... and it's not the only case when the same value appears more than once in the sequence, it's quite common on many different price ranges.

An example easy to check: Rubies and Sapphires were both at 3.6 sell price when I checked yesterday, but they had a different buy price! It just wasn't the same 3.6 position for both of them.

Frank Dudenstein

Krytan Explorer

Join Date: Jun 2005

I can't believe you guys arent't seeing this ... but there's a million people trying to trade ectos for Zkeys. When there are many more people selling/dumping than buying ... price goes down...

makosi

makosi

Grotto Attendant

Join Date: Mar 2006

"Pre-nerf" is incorrect. It's pre-buff.

Requirement Begins With R [notQ]

Me/

I understand that there's a large influx of ectos in to the economy but are people selling ectos to the trader, causing the price to drop? Ectos will always be easy to sell for above the traders' buy price in places like Temple of the Ages.

People are giving themselves a bad deal or are wanting to liquidize quickly.

Ate of DK

Ate of DK

Wilds Pathfinder

Join Date: Oct 2005

Netherlands

None but Fools [nuts]

A few people mentioned this before and also in other threads.

The number of ecto's that drop does not have an immediate effect on the ecto value of the merchant. Only when people BUY or SELL at the merchant it can change the ecto value. Trading ecto's for high end weapons or zaishen keys doesn't.

Example:
Say that I farmed 150 ecto's during the last 2 days. I put them all in my storage! Then the merchants ecto value will NOT change. These ecto's are not on the merchants market since I have no intention of selling them. You could say that he doesn't know about them.

Eample 2:
Someone changes his collection of 300 ecto's for Zaishen Keys with a PvP player. The PvP player is interested in gold instead of ecto's. He doesn't bother trading them with other people and thinks that 4K each is a lot and sells all to the merchant. This WILL change the value of ecto's if many do this.

Conclusion:
As long as people think that selling ecto's for 4K at the merchant is good enough. They will continue to do that and prices WILL go down. And being a PvP player myself, I will always sell the damn things to a merchant because trading with others is a waste of time.

Abedeus

Abedeus

Grotto Attendant

Join Date: Jan 2007

Niflheim

R/

Soooo... We should sell them all to trader, ectoes will be 1k each and everyone will have obsi armor!!

Alleji

Alleji

Forge Runner

Join Date: Jan 2006

Quote:
Originally Posted by Kusandaa
- 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.
That was pretty much my logic.

I dumped my stack of ectos few days ago for cash, z-keys and... close to a stack of shards (however many I could buy before getting tired of spamming - they're not as easy to find on the market as ecto)

Then I wasted those 80 keys on a stupid bronze spear >.>

Targren

Desert Nomad

Join Date: Aug 2007

Primeval Warlords[wuw]

R/

Quote:
Originally Posted by Red Sonya
Welp that's the way the cookie crumbles and people just lost cash just like the do in the stock market in rl everyday.
Strictly speaking, it's more like the commodities market.

Still, it's fun to watch them panic. That's why I sell mine to the trader and make the price come down down down.

I am a bad pussycat...

kobey

kobey

GW Retiree

Join Date: Nov 2005

Sg Unknown [KATE]

W/

People shift from pink to black. Black pointy objects seems to be the 'in' thing as compared to pink balls now.

Molock

Desert Nomad

Join Date: Sep 2006

Qu??bec

Legacy of Angels [Halo]

E/

Quote:
Originally Posted by Dante the Warlord
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..
I guess we can all expect the Obsidian armor we farmed for ages to get to be worthless in very little time.. much appreciated anet.

Anyway, there will always be things to do.. I am now starting to progress in more titles.

Neo Nugget

Neo Nugget

Site Contributor

Join Date: Jan 2006

R/

Keys are higher than ectos :O I see people wanting to buy keys for 1 ecto+500g. -.-

Valcion

Frost Gate Guardian

Join Date: Aug 2007

A/

Nothing to see here, just ectos becoming the SoJ of Guild Wars. Keep moving everybody.

Yawgmoth

Yawgmoth

Furnace Stoker

Join Date: Apr 2005

Quote:
Originally Posted by Valcion
Nothing to see here, just ectos becoming the SoJ of Guild Wars. Keep moving everybody.
I can see that:
* 3876 Globs of Ectoplasm sold to merchants *
* 3932 Globs of Ectoplasm sold to merchants *
* 4105 Globs of Ectoplasm sold to merchants *
* The gods have blessed the world with favor *

Iuris

Iuris

Forge Runner

Join Date: Nov 2006

Crazy ducks from the Forest

W/

Quote:
I guess we can all expect the Obsidian armor we farmed for ages to get to be worthless in very little time.. much appreciated anet.
Why? Will it look any different? Will the AL change?

The one FoW armor I got, I got for the looks... makes me much more relaxed, apparently

Ate of DK

Ate of DK

Wilds Pathfinder

Join Date: Oct 2005

Netherlands

None but Fools [nuts]

Quote:
Originally Posted by Molock
I guess we can all expect the Obsidian armor we farmed for ages to get to be worthless in very little time.. much appreciated anet.

Anyway, there will always be things to do.. I am now starting to progress in more titles.
- Oh noes! Sum noobz look just liek me!
- I don't like the idea that you will get close to GWAMM which I got last december!

These are comments which make absolutely no sense. They won't make me a better player. They only tell me that I had fun in what I did in this game. The most important aspect of playing a game.

I never understood the point in saving virtual money in the first place. Money needs to roll.

Dante the Warlord

Desert Nomad

Join Date: Jul 2006

W/R

Well personally I used some of my ecto to get a FoW helm, even though i hate FoW armor in general, some of the parts make excellent combos, particualry the FoW helm... i still specualte that it will clear up, i don't think z-keys will be used for trade either since they obviously are 4.5k-5.5k, but they aren't easy to obtain in bulk, so its not easy to trade... armbraces prob wont be used either since they are way too much in value and require ectos to buy anyways... After the ecto crashes, people will still use it and eventually it will rise back up to at least 5k..

lorph

Academy Page

Join Date: Oct 2005

RIP ectoes. I just bought some for 3.9k each. I wouldn't be surprised if they went down to 3k each.

Nightow

Nightow

Forge Runner

Join Date: Feb 2006

Kindred Order of Souls [KOS]

Quote:
Originally Posted by lorph
RIP ectoes. I just bought some for 3.9k each. I wouldn't be surprised if they went down to 3k each.
lol, "ectoes" but seriously, I don't think they can go that low since the NPC traders themselves have a minimum price on them. Right?

lorph

Academy Page

Join Date: Oct 2005

Quote:
Originally Posted by Nightow
lol, "ectoes" but seriously, I don't think they can go that low since the NPC traders themselves have a minimum price on them. Right?
Only arena net knows, but alot of people thought the price couldn't get lower than 4.8k, and now we see 4.5k half the time.

The ecto market is dead. Sales that usually go through with ectoes have dropped considerably.

There used to be 10x the amount of people selling everlasting tonics. Now they are all afraid to sell because ectoes are dropping like rocks. I bought an everlasting auto tonic for 120 ecto last week, and now people are asking for 140+ after double rp weekend.

I expect trades of high end items to slow down considerably until the price of either ectos or zkeys stabilize.

Chthon

Grotto Attendant

Join Date: Apr 2007

Quote:
Originally Posted by Ate of DK
A few people mentioned this before and also in other threads.

The number of ecto's that drop does not have an immediate effect on the ecto value of the merchant. Only when people BUY or SELL at the merchant it can change the ecto value. Trading ecto's for high end weapons or zaishen keys doesn't.
This is largely wrong. If the value of ectos in player-to-player transactions floats too far away from the value in player-to-NPC transactions, someone's going to jump in and arbitrage the situation until the NPC price moves and the gap shrinks smaller than the NPC's built-in price spread.

And GW definitely has its arbitrageurs. They closed the gap on D.Steel prices in less than 36 hours after the D.Weapons were released. Someone's clearly watching the material markets and exploiting and expending every opportunity for profit pretty quickly.

Thus, since player-to-player transactions affect the player-to-player ecto price, and the player-to-player ecto price affects the NPC ecto price through arbitrage, player-to-player transactions do affect the NPC price.

ricocheting

Frost Gate Guardian

Join Date: Oct 2005

R/D

Quote:
Originally Posted by Nightow
I don't think they can go that low since the NPC traders themselves have a minimum price on them. Right?
i would bet the minimum is 250g for the traders.

however, personal rough estimate on effort vs reward, i expect it to eventually bottom out at about 2k each unless something is changed on permasin build or chaos plains difficulty.

Thizzle

Banned

Join Date: Apr 2008

Ectos at 5k are definitely reasonable, I remember them being around that even before Ursan. I'm glad because 11k is just ridiculous. Shards at 1-2k are a good stable price as well.

DonCorleoneCS

Wilds Pathfinder

Join Date: Mar 2006

Connecticut

???oo ???ugs ???lan [?????????]

W/

It's a big joke that anet is making the game easier for people who are bad it....

Honestly if you needed a perma sin to farm UW then you shouldn't be down there to begin with. Rather than destroying the economy with super PvE skill updates why don't you just make an AI update for elite areas and solve the problem. There's such a simple theory behind solving the Guild Wars economy but for some reason Anet would much rather make a 12 year old without a brain happy as opposed to those who have been here for 3 years playing.

I'm sorry but like many other people I got FoW armor long ago when the prices on ectos were 10k+ and titles when they actually meant something. Joke about that all you want but it's true. Legendary vanquisher was impressive if you had it only a month or so after HM came out.

Fix shadow form, update AI to get rid of over farming and bring life back to the game.

RAGE

Thizzle

Banned

Join Date: Apr 2008

Quote:
Originally Posted by DonCorleoneCS
It's a big joke that anet is making the game easier for people who are bad it....

Honestly if you needed a perma sin to farm UW then you shouldn't be down there to begin with. Rather than destroying the economy with super PvE skill updates why don't you just make an AI update for elite areas and solve the problem. There's such a simple theory behind solving the Guild Wars economy but for some reason Anet would much rather make a 12 year old without a brain happy as opposed to those who have been here for 3 years playing.

I'm sorry but like many other people I got FoW armor long ago when the prices on ectos were 10k+ and titles when they actually meant something. Joke about that all you want but it's true. Legendary vanquisher was impressive if you had it only a month or so after HM came out.

Fix shadow form, update AI to get rid of over farming and bring life back to the game.

RAGE
I think there's a huge confusion between "making the game easier for people who are bad it" and making a game less time consuming for people who don't want to spent countless hours getting the necessary materials for armor. There was solo farming before Shadow form!

DonCorleoneCS

Wilds Pathfinder

Join Date: Mar 2006

Connecticut

???oo ???ugs ???lan [?????????]

W/

It took me a good 4 months to save up for my armor well over a year and a half ago....it was an accomplishment that I was proud of. It's lost its prestige.

Thizzle

Banned

Join Date: Apr 2008

Quote:
Originally Posted by DonCorleoneCS
It took me a good 4 months to save up for my armor well over a year and a half ago....it was an accomplishment that I was proud of. It's lost its prestige.
There was never a reward for taking however long it took to farm armor. There's a personal reward and feel of accomplishment possibly, but that's it. People will never look at you and say "Wow, he must be good at the game", they might say "Wow, he spent a lot of time farming".

DonCorleoneCS

Wilds Pathfinder

Join Date: Mar 2006

Connecticut

???oo ???ugs ???lan [?????????]

W/

I never claimed it was skill to have the armor...I'm saying that it took skill to figure out ways to make the money and get the materials for it. There's a big difference. And yes at one point if you had obsidian armor people did look at you differently.

There was a lot more to getting the armor then farming. Then again you signed up for guru April 2008 so you've lost all credibility with me.

Lord Sojar

Lord Sojar

The Fallen One

Join Date: Dec 2005

Oblivion

Irrelevant

Mo/Me

Ectos and shards have price floors. There is some form of basic economy within Guild Wars. So, they prices are going to go up and down. Ectos and shards are not going to suddenly skyrocket or drop through the floor because of minor changes in the economy. If ectos started dropping from Charr in post searing Ascalon in NM, then yes, ectos would drop in price. Until that day, they will fluctuate here and there, but they are not going to go up or down by more than 1.5-2k ea. Freak out threads are either completely thoughtless or scare tactics in order to sell off/buy up your own supply. This is so silly.

Thizzle

Banned

Join Date: Apr 2008

Quote:
Originally Posted by DonCorleoneCS
I never claimed it was skill to have the armor...I'm saying that it took skill to figure out ways to make the money and get the materials for it. There's a big difference. And yes at one point if you had obsidian armor people did look at you differently.

There was a lot more to getting the armor then farming. Then again you signed up for guru April 2008 so you've lost all credibility with me.
Please, there might of been some people that thought differently, but that was merely because they thought it would give you a huge e-penis.

Then again you signed up for guru April 2008 so you've lost all credibility with me.
Sir, you're now an idiot. I can easily tell from that ignorant statement that you give credibility by post count, date, and what kind of gear someone has equipped. I played Guild Wars for almost three years, you really don't know me very well. You're angered because you had something rare then the price dropped and to make it simple... you + obsidian armor + ecto/shard value dropping = QQ. You're a fool that thinks it's all about what your wearing or what's worth the most. You copied a build from Wiki wow. I'll give you credit if you did every single UW/FoW run with a group and got the ectoplasm and shards that way, but let's face it. There's no way to prove that or that you used Ursanway the whole time.

If skill is reading or communicating with other players, then I fear what a challenge is to you.

ManMadeGod

ManMadeGod

Frost Gate Guardian

Join Date: Dec 2005

Permanent Shadow Form Solo farming Mindblade Spectre (which has almost the highest ecto drop rate, and they spam 3->6->9...)

This is imba and already damaged the game.
People who invested in ectos got big hit.

Anet, plz do something before the last valuable material turns into dust.

DonCorleoneCS

Wilds Pathfinder

Join Date: Mar 2006

Connecticut

???oo ???ugs ???lan [?????????]

W/

I like how you know how I judge people. It's pretty nice how you completely missed the entire point of everything I've said also. Fail troll is fail.

Honestly if I cared about post count so much why is mine so low? Don't care much about someone's uber gear either...I own what I like not what's cool and not what's super expensive.

I haven't lost anything in the prices dropping and I won't, I have a much better idea on how to manage what I have.

I've denounced ursan and wiki builds since I could remember and will continue to do so.

People like you shouldn't be allowed to post on forums when you have absolutely nothing positive to contribute or helpful to say. Anyway I'm done feeding you troll. Go crawl back under your bridge and die.

FoxBat

Furnace Stoker

Join Date: Apr 2006

Amazon Basin [AB]

Mo/Me

Quote:
Originally Posted by Rahja the Thief
If ectos started dropping from Charr in post searing Ascalon in NM, then yes, ectos would drop in price. Until that day, they will fluctuate here and there, but they are not going to go up or down by more than 1.5-2k ea.
I'd say 3k is pretty different from 5.

The price floor for ectos is in part the UW entry fee/time vs profit for your average farmer. At 1-2 ectos per run, that's a little under 5k. At 4-8 ectos, it's going to be much lower.

Thizzle

Banned

Join Date: Apr 2008

Quote:
Originally Posted by DonCorleoneCS
I like how you know how I judge people. It's pretty nice how you completely missed the entire point of everything I've said also. Fail troll is fail.

Honestly if I cared about post count so much why is mine so low? Don't care much about someone's uber gear either...I own what I like not what's cool and not what's super expensive.

I haven't lost anything in the prices dropping and I won't, I have a much better idea on how to manage what I have.

I've denounced ursan and wiki builds since I could remember and will continue to do so.

People like you shouldn't be allowed to post on forums when you have absolutely nothing positive to contribute or helpful to say. Anyway I'm done feeding you troll. Go crawl back under your bridge and die.
If I'm crawling under a bridge then you best come with me. You even posted about how hard you worked to get that armor and even said players will look at you differently which means you must have some interest in what type of gear your wearing and not what you actually want. Then you come back and say you have no interest in what gear your wearing, someone is contradicting their own statement.

Quote:
It took me a good 4 months to save up for my armor well over a year and a half ago....it was an accomplishment that I was proud of. It's lost its prestige.
That look familiar? You really care about what armor you have and what people think of the armor your wearing, which is why my statement is totally true. You call it trolling because I'm right and your scared that your incorrect. That's how it seems to me, but who knows.

Quote:
Originally Posted by ManMadeGod
OMG, I am a pvp player. I just tell the truth.
Soloing is nothing new, but perma sf is new and imba.
Watch your caps.
The caps were to give you the idea that I was using a huge amount of sarcasm because your like a lot of people complaining about shadow form.

ManMadeGod

ManMadeGod

Frost Gate Guardian

Join Date: Dec 2005

Quote:
Originally Posted by Thizzle
OMG PLZ ANET STOPZ THEM FARMERS FROM GETTING MAH INVESTMENTS MY E-PENS IS SHRINKING BY DUH SECOND.

Soloing is nothing new.
I am a pvp player. I just tell the truth.
Soloing is nothing new, but perma sf is new and imba.
Watch your caps.

Neo Nugget

Neo Nugget

Site Contributor

Join Date: Jan 2006

R/

4.3k at trader right now.

This is getting interesting

*see sig for a screenie*

lorph

Academy Page

Join Date: Oct 2005

Quote:
Originally Posted by Rahja the Thief
Ectos and shards have price floors. There is some form of basic economy within Guild Wars. So, they prices are going to go up and down. Ectos and shards are not going to suddenly skyrocket or drop through the floor because of minor changes in the economy. If ectos started dropping from Charr in post searing Ascalon in NM, then yes, ectos would drop in price. Until that day, they will fluctuate here and there, but they are not going to go up or down by more than 1.5-2k ea. Freak out threads are either completely thoughtless or scare tactics in order to sell off/buy up your own supply. This is so silly.
Of course ectos have a price floor. I don't expect them to go below the current price of obby shards (2k) since they are so easy to farm now.

2k a piece is a 60% drop in value from 5k. So if you had 1 million in ectos, you would lose 600,000 gold from this. Is worrying about this silly? I think not.