HAHA "Game Economy

esthetic

esthetic

Wilds Pathfinder

Join Date: Apr 2008

Fantasy Island

[Qtie]

R/Mo

closed by OP

Zedd Kun

Zedd Kun

Krytan Explorer

Join Date: Aug 2006

The Bretheren Of Chaos [Dark]

Rt/

Sell for your life and buy firewater for all of it!


I'd done that..

Dronte

Dronte

Grotto Attendant

Join Date: Sep 2006

Lockpicks...?

Jetdoc

Jetdoc

Hell's Protector

Join Date: Jul 2005

The Eyes of Texas [BEVO]

D/A

Don't worry about your "wealth", as it's just a game?

Seriously, if you're that worried about the depreciation of your ectos, do what Dronte recommends (i.e. buy a stable commodity with a hard floor and ceiling price like lockpicks) or go spend that money that you've been hoarding on something you want.

Shakti

Shakti

Wilds Pathfinder

Join Date: Sep 2006

Home...

Vier Reiter [Vier]

Invest everything in chitin fragments...it's the material of the future!

Seriously, how are we supposed to answer? Unless you have maxed cash in storage and on chars, why "invest" in anything? And if you are maxed and need someplace to put the cash, almost any "investment" can lose money as well as make it depending on when you buy and sell.

Stable stuff....lockpicks? Zkeys maybe but that could bottom too as ppl hit their titles...black dye is generally good.

Solas

Solas

Desert Nomad

Join Date: Oct 2006

Ireland

Currently LF Active HA Guild, Glad 2, Comm.3, R2

E/

Obsideon looks might be a good one, with all the ectos being farmed people will be buyign shards for FoW (proberly)

but no one really knows, if they did they'd keep it a secret and get pretty wealthy from it

Nick Of Troy

Nick Of Troy

Frost Gate Guardian

Join Date: Mar 2008

New Zealand.

Human Alliance [HA]

D/E

I don't care what the price of a Mini Panda is, take my ecktoes and reninvest into ZKe-*WHACK*-waffles, tasty waffles! With syrup!

Lockpicks or black dyes are the way to go, i reckon, as mentioned above

I pwnd U

I pwnd U

God of Spammers

Join Date: Oct 2005

in the middle of a burning cornfield...

Scars Meadows [SMS] (Officer)

Quote:
Originally Posted by Jetdoc
Don't worry about your "wealth", as it's just a game?
I concur. It's a game, no big deal if you have a million K or 1k.

EroChrono

EroChrono

Wilds Pathfinder

Join Date: Aug 2006

Netherlands

[WitB]

W/

You can buy more ecto's, hoping SF will get nerfed and ecto prices will rise again.
You can sell your ecto's and hope the price doesn't go up.
You can also buy some high-end minipets, they seem to have a reasonable consistant value, but you never know when ANet is going to release more minipets, in any case there probably will be some rare mini's tied to the GWG GvG Contest.
However, the items with the strongest value seem to be -inherent- req7/8 items. So far they have been rising in price steadily, and most likely will continue to do so in the future.

Zehnchu

Zehnchu

Popcorn Fetish

Join Date: Dec 2005

[GODS]

Mo/Me

Quote:
Originally Posted by EroChrono
You can buy more ecto's, hoping SF will get nerfed and ecto prices will rise again.
Then all the SF farmers will just go back to their ursan farming group.

And the wheels the bus go round and round.

Nazar Razak

Nazar Razak

Lion's Arch Merchant

Join Date: Mar 2006

Maybe go outside and invest in having more social encounters?

AOD_EaSyKiLL

Frost Gate Guardian

Join Date: Nov 2006

Angels of Death

Mo/

Z Keys FTW

12 char

EroChrono

EroChrono

Wilds Pathfinder

Join Date: Aug 2006

Netherlands

[WitB]

W/

Quote:
Originally Posted by Zehnchu
Then all the SF farmers will just go back to their ursan farming group.

And the wheels the bus go round and round.
Well, before the heavy SF farming ecto were rougly 4.5~4.8k in terms of trading, not the 3.8k (or what ever they might be) now. So they should at least rise a *little* in price.
Shards however might take a drop again. They were ~1k not too long ago.

So sell any shards you might have!!1! xD

Riceboi

Riceboi

Wilds Pathfinder

Join Date: May 2005

I would dump ectos and buy either black dyes, lock picks or something that will stay rare but knowing anet who knows. I dumped my ectos for black dye and gold a long time ago.

farmerfez

farmerfez

Krytan Explorer

Join Date: Mar 2006

You should know

W/

keep the ectos. Prices will go up eventually

Yawgmoth

Yawgmoth

Furnace Stoker

Join Date: Apr 2005

Quote:
Originally Posted by farmerfez
keep the ectos. Prices will go up eventually
Only if nerf happens.

faf

Academy Page

Join Date: Jul 2006

Wolf Demon Tribe [WOLF]

W/E

Ectos are not a good idea. The actual economy can be described as the following (concerning ectos) :
The longer you wait to sell, the lesser the value of the item in question. Only exception to this rule is if a nerf happens, which is most unlikely since Anet Doesn't care about GW1 anymore, and I'm pretty sure their pve/pvp move will be the last for a while to hit SF.

Jenn

Jenn

Resigned.

Join Date: Sep 2006

Use your money for something you want. It's just sitting there not giving you any sort of epeen. For a long time I sat on three accounts packed to the brim with gold, and stacks of ecto in each of them. In the past couple months I have spent all of it, and you know what I hear now? "Wow, you're so rich - how'd you make all that money?"

Seriously, what's the fun in keeping your epeen to yourself? Pick up some nice things with that cash and quit worryin'. That money sitting there isn't doing you any good.

The Meth

The Meth

Desert Nomad

Join Date: Jan 2007

R/

Quote:
Originally Posted by farmerfez
keep the ectos. Prices will go up eventually
People have said the same thing every time ectos have gone down, yet they haven't gone back up. Not that it matters to me much, selling ectos just to protect against some minor devaluation is too much of a hassle for me.

maraxusofk

maraxusofk

Desert Nomad

Join Date: Aug 2005

San Francisco, UC Berkeley

International District [id多], In Soviet Russia Altar Caps You [CCCP], LOL at [eF]

W/

who cares. game money is not real life money. if ur so keen on keeping ur pretend money, go sell it for real cash to some noob and buy something ull actually use in real life. its just a game, sheesh. who cares wut u do wit ur monopoly money.

Ambuu

Ambuu

Lion's Arch Merchant

Join Date: Jul 2006

If only we could've bought clay bricks...

Kanyatta

Forge Runner

Join Date: Jun 2006

Guildless, pm me

R/Mo

Right now, I am on the verge of converting all of my plat to ecto. With the lowest prices in the history of Guild Wars, it only seems to be going lower for the near future. For the distant future (i.e. SF nerfing or favor running out) ecto will eventually stabilize at 5.5-6k, and when you can buy them now for 3.3-3.5k, I'd say its worth investing. An SF nerf is almost inevitable, same with faction running out.

At least, that's what I see.

Darkobra

Darkobra

Forge Runner

Join Date: Aug 2006

Scotland

Type like an idiot, I'll treat you like an idiot

E/Me

Hold on to them for a few months. Let the hype wear off of "THE SKY IS FALLING! SELL IT ALL NOW!" and you'll probably have doubled your profit. Especially if you buy even more now.

If the sky really does fall, I'll be selling umbrellas for 1 ecto each.

BLOODGOAT

BLOODGOAT

Wilds Pathfinder

Join Date: Jun 2007

long a

Mo/

Quote:
Originally Posted by I pwnd U
I concur. It's a game, no big deal if you have a million K or 1k.
Eh, it's a big deal to the tards who wasted their life away accumulating their millions of gold, I'd suppose.

Holly Herro

Holly Herro

Jungle Guide

Join Date: Dec 2005

Kangaroo-land.

Blades of the Dingo [AUST]

I'm waiting until favor runs out.

ilipol

Frost Gate Guardian

Join Date: Mar 2007

W/

I have a suggestion ...
gather all the ectos/gold/items you can, then bury them in a secret location ...
so your descendant char in GW2 can dig up the treasure 250 years later and be rich..

Arduin

Arduin

Grotto Attendant

Join Date: May 2005

The Netherlands

Limburgse Jagers [LJ]

R/

Quote:
Originally Posted by Holly Herro
I'm waiting until favor runs out.
Invest in Passage Scrolls to the UW and FoW

obsidian ectoplasm

obsidian ectoplasm

Desert Nomad

Join Date: Jan 2008

Quote:
Originally Posted by Felixious
When*
12chars

If**


12 chars....

Div

Div

I like yumy food!

Join Date: Jan 2006

Where I can eat yumy food

Dead Alley [dR]

Mo/R

Give me your ectos. Problem solved.

GourangaPizza

GourangaPizza

Krytan Explorer

Join Date: Oct 2006

R/W

Quote:
Originally Posted by Shakti
Invest everything in chitin fragments...it's the material of the future!
I am investing in wooden planks. Deforestation is so rampant nowadays, soon players will buy wood from me! j/k

Holly Herro

Holly Herro

Jungle Guide

Join Date: Dec 2005

Kangaroo-land.

Blades of the Dingo [AUST]

Quote:
Originally Posted by Arduinna
Invest in Passage Scrolls to the UW and FoW
Haha, only to UW :P

kvndoom

kvndoom

Forge Runner

Join Date: Jul 2005

Communistwealth of Virginia

Uninstalled

W/Mo

Above all else the nerf will be a blessing for the mods so they won't have to lock "ecto QQ" threads every single day.

Zesbeer

Zesbeer

Banned

Join Date: Oct 2007

LLJK

after you unlock all skills and buy all sorts of armor you need and weapons you want there really is no use for money in this game besides getting titles or buying "rare skined" items.

farmpig

farmpig

Jungle Guide

Join Date: Oct 2006

Quote:
Originally Posted by Jetdoc
Don't worry about your "wealth", as it's just a game?

Seriously, if you're that worried about the depreciation of your ectos, do what Dronte recommends (i.e. buy a stable commodity with a hard floor and ceiling price like lockpicks) or go spend that money that you've been hoarding on something you want.
Agreed 100%.

A Leprechaun

A Leprechaun

Desert Nomad

Join Date: Feb 2006

W/

Buy shards, the shard price is going up atm.

~A Leprchaun~

Damian979

Krytan Explorer

Join Date: May 2008

Quote:
Originally Posted by Jetdoc
Don't worry about your "wealth", as it's just a game?
Exactly, I find it hilarious that people are whining about their imaginary money and how terrible the economic structure is in a video game.

Funny that, people solo'd UW long before Shadowform was buffed with many different builds, ectos dropped in value, people got tired of farming those builds, ectos went back up. I don't hear anyone screaming Waaaah! E/Me ruined my bank account!

Nerf 600 smiters, necros, ele's, most all the derv skills, and half the rit skills so noone can farm anymore THEN we have a level playing field....and one boring damn game that noone plays any more.

Ironically it is the same principal as in real life. Put all your investment into one sole commodity and when the market for that commodity falls out people piss and moan about how unfair it is.

Phineas

Lion's Arch Merchant

Join Date: Nov 2005

UK

Quote:
Originally Posted by Yawgmoth
Only if nerf happens.
Maybe the expiry of perma-favor will be that very nerf?

Ambuu

Ambuu

Lion's Arch Merchant

Join Date: Jul 2006

Quote:
Originally Posted by Phineas
Maybe the expiry of perma-favor will be that very nerf?
Perhaps. However....

If we go back to old favor system (HoH battles), it wont do us much good. People will just change districts from America to Euro or vice versa or to Korean servers!?! (since they have unlimited changing now). So in essence, Old Favor = new favor.

romeus petrus

romeus petrus

Jungle Guide

Join Date: Jun 2006

Urgoz Warren

Legion of Doom [LOD] Home of PWNZILLA http://PWNZILLA.guildlaunch.com

Until they nerf SF ectos will continue to lose value. When (?if) they nerf it ectos will regain some of their original value. Since none of us here actually know for a fact that the nerf is coming, it is kinda hard to give advice atm regarding what to do with ectos.

I am holding on to my stacks atm coz honestly I dont really care what happens at this stage of the game's life, and apparently neither does anet; otherwise the chaos plains farm would have been nerfed weeks ago.

Yawgmoth

Yawgmoth

Furnace Stoker

Join Date: Apr 2005

Quote:
Originally Posted by Phineas
Maybe the expiry of perma-favor will be that very nerf?
Nope. If you farmed the UW yourself you would see how common the scroll drops are. The favor will be still on for most of the time during highly played hours, and for the hours without it there are tons of scrolls available.

I expect the final price crash to happen when people will realise the occassional lack of favor does nothing to stop the farmers.