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Originally Posted by ALF71BE
Have you realized we have a double EotN reputation points weekend? I'm sorry but that favor will last at least another month.
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What happened to Ecto and Shard Prices
Ate of DK
Div
I like how a thread can be answered with "Shadow Form happened" but yet "discussion" goes on for multiple pages.
zelgadissan
To quote Moloch Vein:
It's the magic of guru.
It's the magic of guru.
Danax
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Originally Posted by holymasamune
I like how a thread can be answered with "Shadow Form happened" but yet "discussion" goes on for multiple pages.
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- Excess of Ectos in the game
- Decreased demand for Ectos
- More sources of ectos such as the A/E farm
lorph
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Originally Posted by holymasamune
I like how a thread can be answered with "Shadow Form happened" but yet "discussion" goes on for multiple pages.
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Jensy
Bought 10 earlier at 4.5/each from the trader. Price usually bumps up after you do that, but it remained there until it... lowered >_>
Ecto for all?
Ecto for all?
Alleji
Just another example of how anet's entire philosophy took a 180-degree turn:
Summer 2005: Anet nerfs prot bond to prevent imba easymode farming that was breaking the economy.
Summer 2008: Anet buffs shadow form to enable imba easymode farming that breaks the economy.
Summer 2005: Anet nerfs prot bond to prevent imba easymode farming that was breaking the economy.
Summer 2008: Anet buffs shadow form to enable imba easymode farming that breaks the economy.
Sora267
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Originally Posted by Alleji
Just another example of how anet's entire philosophy took a 180-degree turn:
Summer 2005: Anet nerfs prot bond to prevent imba easymode farming that was breaking the economy. Summer 2008: Anet buffs shadow form to enable imba easymode farming that breaks the economy. |
Necro Quink
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Originally Posted by Ate of DK
Only the Master of the North title counts towards favor. All other Eye of the North titles don't. Thus favor will run out soon.
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+ it's possible to buy passage scrolls so ppl can still enter UW with or without favor
lord of all tyria
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Originally Posted by Nainoa
The economy and balance in this game is extremely terrible in this game thanks to people who clone imbalanced farming builds and spend way too much time in this game. Hopefully the developers make a significant improvement in these areas in GW2.
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Showtime
I don't know if it's been discussed, but Ectos were/are waaaaaaaay overvalued before the farming started to take place. The reason is that people use Ectos as platinum markers more than anything else. Players stock up on ectos because there is a 100k cap per player/trade, and there is 1000k cap in storage. So if the average player has 9 avatars, then they can have a max amount of 1.9k platinum. Imagine the dive in the price of Ectos if Anet finally raised the cap on storage and individuals. If the cap(s) were raised from 1000 to 10000 in the storage and raised for each individual/trade from 100k to 1000k, then people wouldn't need ectos to make simple trades and many could get by while using only gold. All those thousands of 100k+ to 1000k trades could potentially then be done in platinum/gold. Since currently any trade above 100k requires another item, and Ectos are the most commonly accepted material, there are probably 100's of thousands of them being hoarded that shouldn't be. I'd imagine if most people didn't need Ectos for trade, then Ectos would drop drastically and the market would take a little while to find some balance between the value of platinum and other materials.
So if the price dive is hurting you a little, be thankful they didnt raise the cap. I scrambled last week to get rid of half my ectos and I'm glad I did, but if farming slows down (nerf/lack of players farming/etc), they should climb back up later. Or this could only be the tip of the iceberg and go down like the Onyx.
So if the price dive is hurting you a little, be thankful they didnt raise the cap. I scrambled last week to get rid of half my ectos and I'm glad I did, but if farming slows down (nerf/lack of players farming/etc), they should climb back up later. Or this could only be the tip of the iceberg and go down like the Onyx.
Neo Nugget
If they removed the 100k cap, then ectos would be devalued a lot :P( say do it! )
oh BTW i see ecto is 4.1k * updates signature*
oh BTW i see ecto is 4.1k * updates signature*
Brianna
Ecto 3.9k and falling fast, sell now.
Dark Paladin X
Perma-shadow is now the new 55 monk build technically. UW farming is WAY easier than FoW. It is possible to farm in the FoW using with A/E sliver version or A/Me version sololy (the shore, spider caves, battlefield, forest), but it isn't possible to fight the shadow mobs due to the monk using [Zealot's Fire] (and it really does kill, even in NM). Oh and if you come across the spiders while using the A/Me version, be aware that using hexes will force them to use healing spring and melandru's resilience, so spiders would a bit more difficult. Apparently, perma shadow is so popular that the rune trader is constantly out of shadow runes (luckily i bought the sup rune before the shadow form buff).
On the other hand, because of this and the diffculty to obtain, ecto prices are dropping, and shards is slightly increasing. Although ectos are still used as currency, mostly because of tradition (like black dyes as currency).
But again, people want ectos and shards to show off the obsidian armor, but I'm farming the ectos by means to getting an everlasting tonic (and I was a bit surprised that I gotten around 83 ectos within 10 days). By average, an everlasting tonic cost around 100-150 ectos depending on what you want (i'm guessing that the beetle one is cheaper than the golem one), which is usually enough to craft a set of obsidian armor. Currently, I'm trying to figure out a way to easily farm shards and kill the shadow mobs easier. Eventually, when ppl start using the ectos and shards to make obsidian armor, I'm sure the prices will increase again. It's the law of supply and demand. Much like gas is now $4 because it's now harder to get oil and eventually when peak oil comes, we're done for.
On the other hand, because of this and the diffculty to obtain, ecto prices are dropping, and shards is slightly increasing. Although ectos are still used as currency, mostly because of tradition (like black dyes as currency).
But again, people want ectos and shards to show off the obsidian armor, but I'm farming the ectos by means to getting an everlasting tonic (and I was a bit surprised that I gotten around 83 ectos within 10 days). By average, an everlasting tonic cost around 100-150 ectos depending on what you want (i'm guessing that the beetle one is cheaper than the golem one), which is usually enough to craft a set of obsidian armor. Currently, I'm trying to figure out a way to easily farm shards and kill the shadow mobs easier. Eventually, when ppl start using the ectos and shards to make obsidian armor, I'm sure the prices will increase again. It's the law of supply and demand. Much like gas is now $4 because it's now harder to get oil and eventually when peak oil comes, we're done for.
Jetdoc
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Originally Posted by Rahja the Thief
I guess when I said price floor, that wasn't clear enough.
4k, it won't go under that, no matter what. |
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Originally Posted by Neo Nugget
oh BTW i see ecto is 4.1k * updates signature*
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Originally Posted by Jetdoc on June 16th
It wouldn't surprise me if ectos were actively being traded between players for less that 4K within a month.
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Avarre
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Originally Posted by Alleji
Just another example of how anet's entire philosophy took a 180-degree turn:
Summer 2005: Anet nerfs prot bond to prevent imba easymode farming that was breaking the economy. Summer 2008: Anet buffs shadow form to enable imba easymode farming that breaks the economy. |
MMSDome
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Originally Posted by Avarre
Does this mean they're going to re-introduce attribute refund points soon?
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Winterclaw
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Originally Posted by Avarre
Does this mean they're going to re-introduce attribute refund points soon?
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lorph
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Originally Posted by Jetdoc
I have a feeling that I'm going to be laughing whole-heartedly at Rahja's "price floor" within a week (if not within a few days). Players are already dumping their ectos for 3.8K-3.9K each, but I'm giving Rahja the benefit of the doubt by assuming that he was talking about the price at which the rare material trader will sell them to you.
I've said it before and I'll say it again...I hate it when I'm right. |
Now that ectos are as easy to farm as shards, they will drop to that price (about 2-3k) unless anet does something. There are 2 options they could do that I can think of.
1. Artificially limit the price of ecto at the trader to be 4k minimum (I think they didn't do this because i saw it at 3.9k for a short time).
2. Nerf shadow form. (They said they might do this, but its already Thursday (the usual day for weekly updates), so it won't happen for at least another week).
I am actually hoping that ectos permanently drop heavily in price because of so many dupers and scammers that have amassed them over the years (yep those people who consistantly bid 2000+ ectos in the high end forum).
However, anet should announce fast whether they are keeping the ecto prices up or letting them drop, because less and less people are selling "high end" (100k+) items because they are afraid to trade until prices stabilize. This is killing the economy.
MMSDome
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Originally Posted by lorph
Now that ectos are as easy to farm as shards, they will drop to that price (about 2-3k) unless anet does something. There are 2 options they could do that I can think of.
1. Artificially limit the price of ecto at the trader to be 4k minimum (I think they didn't do this because i saw it at 3.9k for a short time). 2. Nerf shadow form. (They said they might do this, but its already Thursday (the usual day for weekly updates), so it won't happen for at least another week). I am actually hoping that ectos permanently drop heavily in price because of so many dupers and scammers that have amassed them over the years. However, anet should announce fast whether they are keeping the ecto prices up or letting them drop, because less and less people are selling "high end" (100k+) items because they are afraid to trade until prices stabilize. This is killing the economy. |
I personally feel pretty confident that anet will nerf SF soon after reading the dev update.
Either way I dont give a shit I just feel bad for those people that invested tons of money in ecto.
lorph
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Originally Posted by MMSDome
Maybe a shaky question but wouldnt you want to sell high-end weapons now with the shitty ecto price as you will amass more and possibly have the chance of it going right back up?
I personally feel pretty confident that anet will nerf SF soon after reading the dev update. Either way I dont give a shit I just feel bad for those people that invested tons of money in ecto. |
Since they didn't do anything to SF even after weeks of people complaining and ecto prices dropping, I am willing to bet they will either ignore it completely, or do a half-hearted nerf next week.
Whether this will cause ectos to stablize, no one knows, but I am confident it will never go back up to 5.5k again.
Ghosst
My stock is crashing = sell what's left and buy something else.
Do you really expect your God to make your company worth more? No? Then why expect ANet to bail Ecto's out? Suck it up.
If you read through the entire thread there is more than enough information about economics to make you a better investor, both here and in life. I still chuckle about people trading futures on oil and nay-saying it would never top $60/barrel. Where are they now?
Before I had read up to the posts regarding using 100K + 20ZK I had the same thoughts. So, start getting your Zaishen Keys ... ladies. Sort of.
Do you really expect your God to make your company worth more? No? Then why expect ANet to bail Ecto's out? Suck it up.
If you read through the entire thread there is more than enough information about economics to make you a better investor, both here and in life. I still chuckle about people trading futures on oil and nay-saying it would never top $60/barrel. Where are they now?
Before I had read up to the posts regarding using 100K + 20ZK I had the same thoughts. So, start getting your Zaishen Keys ... ladies. Sort of.
![Ec]-[oMaN](/static/static/../Img/avatar8384_2.gif){kind=avatar}
Ec]-[oMaN
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Originally Posted by Ghosst
Before I had read up to the posts regarding using 100K + 20ZK I had the same thoughts. So, start getting your Zaishen Keys ... ladies. Sort of.
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Pleikki
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Originally Posted by MMSDome
I just feel bad for those people that invested tons of money in ecto.
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Stolen Souls
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Originally Posted by lorph
Whether this will cause ectos to stablize, no one knows, but I am confident it will never go back up to 5.5k again.
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I stongly agree. The days of 5.5/6k+ ectos are gone. Even if they nerf SF (I feel they are going to), people will just go back to the older perma-form builds (unless they really hit it hard, which I doubt).
Dark Paladin X
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Originally Posted by lorph
2. Nerf shadow form. (They said they might do this, but its already Thursday (the usual day for weekly updates), so it won't happen for at least another week).
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Iuris
Of course, prices fall just after I bought my one FoW armor set... YAY! I want people to enjoy as much of the game as possible. Let the elitists go hang...
Thizzle
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Originally Posted by Iuris
Of course, prices fall just after I bought my one FoW armor set... YAY! I want people to enjoy as much of the game as possible. Let the elitists go hang...
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Stuart444
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Originally Posted by Dark Paladin X
Nerf shadow form, and I'll hold a perma-shadow protest because I now use for UW farming and there is no other build that can do UW easily.
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if they nerf it, look for another build that will work, people have been doing it since GW came out and people started going to UW.
Less QQing please >_>
apocalypse_xx
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Originally Posted by Ec]-[oMaN
I'd bank my money on Z keys also, there are always people looking to buy, and people selling are at a low like 10:1, they're hot cakes.
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AscalonWarrior
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Originally Posted by Kanyatta
If SF gets nerfed, there'll be another solo build out within a week anyway.
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Shadowmere
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Originally Posted by dilan155
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
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and the price of rare weapons won't be horribly affected if anything weapons from the ecto farming areas will go down in price as well I doubt the price change will be very dramatic however.
the big hubub is that ectos are used as currency, which was really rather foolish to do ever since we've had lockpicks and other items of static value. Why stock up on a form of currency that is subject to inflation and deflation when there's another option?
Ec]-[oMaN
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Originally Posted by apocalypse_xx
I disagree, people who buy zkeys generally use them, so if people who are trying to accumulate wealth by zkeys, then demand will very quickly be far greater than supply. The rich players need something they can store up, not something that many people want to USE up.
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Fay Vert
ANet are looking at perma SF, but they can't see a problem.
Doesn't anyone find that strange?
Doesn't anyone find that strange?
Stolen Souls
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Originally Posted by Fay Vert
ANet are looking at perma SF, but they can't see a problem.
Doesn't anyone find that strange? |
Yes, it is strange. As is their passive view of Ursan. But this is Anet, so... xD
Kanyatta
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Originally Posted by AscalonWarrior
You mean there aren't other solo builds for UW now?
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Neo Nugget
So there wasn't an update yesterday after all. *goes to farm more ectos* Who needs double rep anyway :P
apocalypse_xx
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Originally Posted by Ec]-[oMaN
If demand is greater than supply, obviously you have a prime investment. What's the point of hoarding ecto's when there is no demand for them, which is exactly what's happening. Many people must have dumped their ecto to the trader, and continue to do so. Really though, GW's community has been using a source of currency that has been duped/faked and our bought at low prices, only a matter of time before it would take a shit on everyone.
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MDeshame
Suites me fine, I see no problems what so ever if ectos drop to 1k each.
Nothing of an ill-natured boogie-man jumping out from under your bed, type thing is going to happen if they keep dropping.
Honestly, what's the issue here?
Nothing of an ill-natured boogie-man jumping out from under your bed, type thing is going to happen if they keep dropping.
Honestly, what's the issue here?
Ate of DK
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Originally Posted by Neo Nugget
So there wasn't an update yesterday after all. *goes to farm more ectos* Who needs double rep anyway :P
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