What happened to Ecto and Shard Prices - Guild Wars Guru archive powered by Guild Wars Legacy

Phineas

Lion's Arch Merchant

Join Date: Nov 2005

UK

29 Jun 2008 at 15:20 - 241

Quote:

Originally Posted by R.Shayne

...
Yet people do it everyday in the real world stock market.

Are you suggesting that all stock-brockers act upon hysteria and not common sense?

Quote:

Originally Posted by R.Shayne

The only chance for a rebound will be demand and I don't think there is a demand anymore. Traders are abandoning them in favor of lockpicks (some are even going with z-keys which makes me think, people just don’t learn from pass mistakes!). The only demand for ecto will be armor. Supply and demand determines the price.

I am taking advantage of it and have bought enough ecto to do three sets of armor. Once ANET does something to the permasin I am hoping shards will return to less then 1k each.

So they will be working as intended. Jolly good.

The Herbalizer

<3 Ecto

Join Date: Jul 2005

29 Jun 2008 at 22:16 - 242

So what is the chances of the price in ectos going up again?

Dumped 600 ectos at 3.5k each today which cost me at least 5k each before i quit so dont really wana lose much.

thx.

Fay Vert

Desert Nomad

Join Date: Apr 2006

R/

29 Jun 2008 at 22:30 - 243

I think ANet are waiting for favor to be lost before they nerf SF to see what effect that has on ecto prices. If they go back up again, SF will stay as it is, if they don't then they will nerf it.

R.Shayne

Wilds Pathfinder

Join Date: Oct 2007

29 Jun 2008 at 22:31 - 244

Quote:

Originally Posted by FoxBat

Loot scaling doesn't affect rare materials AKA ectos, and the 55 couldn't hit the chaos plains.

I don't know what "double ecto" thing you are talking about. I've gotten 3 ectos from groups of aatxes before.

"Double Ecto" was when one smite dropped 2 ecto. Instead of seeing "Glob of Ectoplasm" laying next to each other you would see "2 Globs of Ectoplasm" stacked. Back then it was actually worth your time to go to the Ice Waste. Just my experience but loot scaling or not, the number of ecto dropping from the smites has been reduced.

Quote:

Originally Posted by Phineas

Are you suggesting that all stock-brockers act upon hysteria and not common sense?

Nope, not all but people do it.

Quote:

Originally Posted by Phineas

So they will be working as intended. Jolly good.

I agree.

Neo Nugget

Site Contributor

Join Date: Jan 2006

R/

29 Jun 2008 at 22:36 - 245

Quote:

Originally Posted by Fay Vert

I think ANet are waiting for favor to be lost before they nerf SF to see what effect that has on ecto prices. If they go back up again, SF will stay as it is, if they don't then they will nerf it.

Favor loss won't be a very big deal. It's only 20 max titles until people get 60 min of favor. I bet there will be no favor for about an hour or 2 in between.

Fay Vert

Desert Nomad

Join Date: Apr 2006

R/

29 Jun 2008 at 23:20 - 246

Quote:

Originally Posted by Neo Nugget

Favor loss won't be a very big deal. It's only 20 max titles until people get 60 min of favor. I bet there will be no favor for about an hour or 2 in between.

I agree, but it may be enough to stabilise or slightly inflate ecto prices. And if there isn't any effect then it will be time for the nerf bat.

Chico

Lion's Arch Merchant

Join Date: Jan 2007

30 Jun 2008 at 17:33 - 247

Quote:

Originally Posted by Fates Monk

Not for that reset there wasn't.

QFT.

There was an *intentional* reset on the price when all regions came to factor into the merchant prices. That day many people became rich and no rollback was done. Anyone that logged in right after the reset and that knew what an ecto was became insta-rich.

Edit> Oh, and that's when prices for rare drops skyrocketed. Bad move by Anet. The second time they screwed this up is when they made a rollback.

JGaff

Frost Gate Guardian

Join Date: Jul 2006

The Lotus Eaters

Me/

01 Jul 2008 at 01:54 - 248

Ecto now selling for 3.5k at trader.

IMO there needs to be some sort of basement price on big item commodities. It's kinda a bummer to see what took weeks of farming back in the good old days take days or hours under the new prices (and thusly, robbing any real sense of "accomplishment" derived from obtaining a cool set of armor, etc)

Sigh.

ollyjuice

Pre-Searing Cadet

Join Date: Apr 2007

01 Jul 2008 at 02:06 - 249

Give banished dream riders and/or mindblade specters Signet of Disenchantment... GG!

dilan155

Desert Nomad

Join Date: May 2007

living room

N/

01 Jul 2008 at 02:45 - 250

Quote:

Originally Posted by ollyjuice

Give banished dream riders and/or mindblade specters Signet of Disenchantment... GG!

exactly this will prevent solobility, unless using cover enchants and it wont hurt normal groups and/or UB groups too much, but a-net is too retarded to realize these kind of things and they have bigger fish to fry, GW 2.
P.S- i got scammed out of 112 ectos recently thus now i couldn't give a shit about GW economy

ollyjuice

Pre-Searing Cadet

Join Date: Apr 2007

01 Jul 2008 at 06:27 - 251

Quote:

Originally Posted by dilan155

exactly this will prevent solobility, unless using cover enchants and it wont hurt normal groups and/or UB groups too much

I actually don't think it would make any different impact on groups, as they already has enchant strips anyway, if anything it will only effect the monsters energy(it has the side affect of draining all ur energy). And no amount of cover enchantments will stop it lol, i guess we will just have to wait to see if they do ANYTHING at all.

Tom Swift

Jungle Guide

Join Date: Aug 2007

01 Jul 2008 at 14:10 - 252

Quote:

Originally Posted by ollyjuice

i guess we will just have to wait to see if they do ANYTHING at all.

Frankly, at this point it is too late. The trader works on supply and demand. If they close this run, the supply will be less but I don't see how the demand will return.

Those who were using ectos for money have already sold to minimize their losses and aren't likely to rebuy as ectos are now too unstable to use as solid currency

Those who are buying now hoping to gain if the price goes up will be looking to sell, not buy, if this run is nerfed.

Most of those who wanted FoW armor have already gotten it the last couple of weeks and the few that are left won't put enough demand on the current supply to make much of a dent.

I think this train has left the station never to return - I doubt we will see ectos over 3.5k again.

The Herbalizer

<3 Ecto

Join Date: Jul 2005

01 Jul 2008 at 14:42 - 253

Quote:

Originally Posted by Tom Swift

Frankly, at this point it is too late. The trader works on supply and demand. If they close this run, the supply will be less but I don't see how the demand will return.

Those who were using ectos for money have already sold to minimize their losses and aren't likely to rebuy as ectos are now too unstable to use as solid currency

Those who are buying now hoping to gain if the price goes up will be looking to sell, not buy, if this run is nerfed.

Most of those who wanted FoW armor have already gotten it the last couple of weeks and the few that are left won't put enough demand on the current supply to make much of a dent.

I think this train has left the station never to return - I doubt we will see ectos over 3.5k again.

yup yup yup. i dumped soooo many ecto. lyk maxin out all my accounts with pure gold. then guna convert ecto to lockpicks. ecto is too unstable.

Kikuta

Banned

Join Date: Jan 2006

Western Australia

[ICE]

01 Jul 2008 at 14:42 - 254

I've grown on the whole ecto 'over-farm'. I don't see a huge problem with it anymore - just means more people are get Obsidian Armor if they so desire (which itself is a good thing overall for all players).

We don't need to worry about trading with ecto anymore either - Zaishen Keys are a good substitute.

O Nuxtofulakas

Krytan Explorer

Join Date: Jan 2006

Did u check your closet?

N/

01 Jul 2008 at 15:16 - 255

Quote:

Originally Posted by Fay Vert

I think ANet are waiting for favor to be lost before they nerf SF to see what effect that has on ecto prices. If they go back up again, SF will stay as it is, if they don't then they will nerf it.

I agree...

From my POV the next steps are the following:
1. Favor is lost. Yes it needs only 20 titles to get it back...but since the "gaining titles trend" is negative - that's why favor is lost - the waiting time for these 20titles will be increased over time...
2. Price of UW scrolls will go up cause no-one wants to wait...
3. Trader will run out of uw scrolls (supply of these scrolls is not unlimited, remember?)
4. Less uw runs in general (ursans, permasins...)
5. Less supply of ectos
6. Demand is the same since ecto is used for 100k+ transactions (mini pets, rare r8/r9 items, everlasting tonics etc)
7. Price of ectos goes up again...

Of course, Anet is out there to surprise us all the time - they can nerf SF, nerf ecto drops, give perma UW access, leave everything as it is, i don't know...they can do anything they like...

Red Sonya

Desert Nomad

Join Date: Jul 2005

08 Jul 2008 at 00:45 - 256

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

That works when you have a huge demand, but, when GW2 comes out there is going to be such an exodus from GW1 there won't be much demand for ectoes or anything else for that matter. People will just start giving stuff away like they did in Star Wars Galaxies when 150,000 people quit after the NGE change/update. I went back recently and players were giving me MILLIONS of credits and all kinds of booster items and even a free rover. GW will go kaput after GW2 comes out.

Neo Nugget

Site Contributor

Join Date: Jan 2006

R/

08 Jul 2008 at 04:07 - 257

Quote:

Originally Posted by Red Sonya

I went back recently and players were giving me MILLIONS of credits and all kinds of booster items and even a free rover. GW will go kaput after GW2 comes out.

Except for the people who are going back to get the HoM rewards. Besides that I agree.

Spazzer

Jungle Guide

Join Date: May 2006

USA

Team Asshat [Hat]

Mo/E

08 Jul 2008 at 07:44 - 258

Quote:

Originally Posted by The Herbalizer

guna convert ecto to lockpicks. ecto is too unstable.

Quoting for the luls

Red Sonya

Desert Nomad

Join Date: Jul 2005

08 Jul 2008 at 11:57 - 259

Quote:

Originally Posted by Neo Nugget

Except for the people who are going back to get the HoM rewards. Besides that I agree.

This may be true depending on what advantages (if any) or what items (if any) that are given because of HOM and how quickly one can just get something else comparable within GW2 the timeframes will make a difference to at least some people if not a lot. Kinda like why go back to GW1 HOM and try to get a 15^50 weapon that might take 20 hours when you can get one simular in GW2 in 10 hours? Just food for thought. We still don't know what advantages HOM is going to give in GW2 and that's the most important part of the equation right now.

illidan009

Wilds Pathfinder

Join Date: May 2008

Volterra, Italy

A/

20 Jul 2008 at 20:11 - 260

How long had shards been going UP for? And why? I'd imagine they stay the same but up?
FoW might be hard to solo but a 2 or 3 man team dedicated enough can get just as much shards as they would ectos(in a few runs that is

)

Ate of DK

Wilds Pathfinder

Join Date: Oct 2005

Netherlands

None but Fools [nuts]

20 Jul 2008 at 21:33 - 261

Quote:

Originally Posted by illidan009

How long had shards been going UP for? And why? I'd imagine they stay the same but up?
FoW might be hard to solo but a 2 or 3 man team dedicated enough can get just as much shards as they would ectos(in a few runs that is

)

First thing that comes to my mind when I read your post:

1. A ranger can solo the forest.
2. A warrior can solo the beach.
3. A monk + X/mo can solo the start and the great battlefield.

The last one is often done by 1 person who uses two accounts. Earning lots of shards. I'm not sure if they are still all possible with skill balances but I've done them myself in the past. (A long time ago.)

la_cabra_de_vida

Lion's Arch Merchant

Join Date: Nov 2007

Great Soviet California!

Deputy Glitter's Shoe Squad [ghey]

Me/

21 Jul 2008 at 02:15 - 262

Someone please explain to me why we care about a fake money system?

R.Shayne

Wilds Pathfinder

Join Date: Oct 2007

21 Jul 2008 at 03:43 - 263

Quote:

Originally Posted by illidan009

How long had shards been going UP for? And why? I'd imagine they stay the same but up?
FoW might be hard to solo but a 2 or 3 man team dedicated enough can get just as much shards as they would ectos(in a few runs that is

)

To answer your question, shards starting going up about 2 weeks after the May buff to shadow form - increase in ecto caused an increase demand in shards for FoW armor. Shards trippled in price and ecto lost 2k, kind of evens out.

One thing I find funny, I figured all the assassins would be running raptors this weekend causing the price of ecto to go up, but it didn't happen.

4. Permasin can solo the Beach and spider cave in FoW.

Xunlai Guru Agent

Forge Runner

Join Date: Jun 2006

21 Jul 2008 at 05:41 - 264

I'm surprised this thread isn't dead yet. D:

Horseman Of War

Desert Nomad

Join Date: Jun 2006

The Cult of Doom

P/

21 Jul 2008 at 17:31 - 265

Now is the time to liquidate assets.

I have over half a million in ecto from trade warsing over the last couple weeks.

Either way... the items i sold will become cheaper (rabbit & b.beast from storage acct bdays, etc) and the Ecton will become more valuable (must have patience grasshopper)

Hyper.nl

Desert Nomad

Join Date: Oct 2006

Defending Fort Aspenwood

E/

22 Jul 2008 at 08:34 - 266

Anyways, I got a nice FoW armor for my ele because for the first time in history the ecto's were reasonably priced.

Hyper Cutter

Desert Nomad

Join Date: Jun 2006

Knights of the White Eye [HINA]

22 Jul 2008 at 23:29 - 267

Quote:

Originally Posted by la_cabra_de_vida

Someone please explain to me why we care about a fake money system?

Because a lot of people tried to use an unstable resource as Super-Currency?

Gun Pierson

Forge Runner

Join Date: Feb 2006

Belgium

PIMP

Mo/

23 Jul 2008 at 07:33 - 268

Quote:

Originally Posted by illidan009

How long had shards been going UP for? And why? I'd imagine they stay the same but up?
FoW might be hard to solo but a 2 or 3 man team dedicated enough can get just as much shards as they would ectos(in a few runs that is

)

The reason why shards were going up is because the demand was bigger than the supply. More players suddenly saw a chance to craft FoW armor because of the easy farm run or the lower ecto price.

With shards standing at 1,3k when the ecto farm fest began, people just bought from the material trader to skip time farming for shards in FoW. If a player got lucky with the monthly xunlai predictions, he could sell 20 Z-keys and immediately buy a big chunk of the shards needed from the trader.

Also as long as the ecto price stays above the price of shards, it's more profitable to solo or duo farm ectos.