GW "Economy Bailout" Idea.

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f
fb2000
Desert Nomad
#41
A single kanaxai trade would do around 10 times more to the price of the ecto/amount of ectos outside the trader than all you guys buying ectos like theres no tomorrow.

To change things anet has to nerf things.


Edit fixed the impact size
Shadowmoon
Shadowmoon
Wilds Pathfinder
#42
This is either one of two things
1. A ploy to make people buy ecto in hope for this "bail out" to make big profit, temporarily increasing ect price
2. Alot of bored rich people who want screw with things for shits and giggles, which would lead to a temporary price increase.
Either way, this will do nothing in the long term.
C
Ctb
Desert Nomad
#43
You can't stimulate an economy that has an infinite money supply and infinite resources.

Furthermore, what you want to do is not a stimulus. You're trying to introduce artificial inflation, but with an infinite money supply, there's no way you can do that. Any amount of inflation you manage to introduce is just going to be erased over time by the same processes that deflated everything to begin with. For what you want to do, you'd have to constantly create an artificial shortage of the resources your trying to deflate, and I doubt you could do that without an awful lot of people helping. More than any one guild could do, for sure.

Finally, you're hoping there's no artificial floor on the price of ectos. If there is, the price of ectos could be the same at the trader at both 1 million and 10 million. If that's true, and the trader has 10 million ectos, you'd have to buy 9 million and 1 ectos before you saw any movement at all.
I
IlikeGW
Jungle Guide
#44
This is a funny idea and you should do it for sure.

Don't expect much help from the rich PVEers, they love their fake money, they're like that fat guy on the South Park WoW episode. PvPers however would probably help a lot.
therangereminem
therangereminem
Jungle Guide
#45
i was luaghing ith poeple about closing down uw and fow for 1 month , and watchthe ecto go up but with it closed i dont think that ould even help it , why not use black dyes like we use to for trades
carnage-runner
carnage-runner
Furnace Stoker
#46
Get a few billion gold.. Stimulous packages are sums of money that are large...
Rocky Raccoon
Rocky Raccoon
Desert Nomad
#47
Why don't we all just trash all of the ectos we have and start over. I will do it with mine (all 1 of them) if everyone else does.
Trelliz
Trelliz
Academy Page
#48
Quote:
Originally Posted by foo View Post
There is nothing wrong with the economy. Ecto price is dropping as UW is easier and less people are crafting new armor.
THIS

Supply is simply outweighing demand. It could be interpreted that the whole situation is rather ironically mirroring what's going on in RL...
BenjZee
BenjZee
Forge Runner
#49
Im not sayin the economy is in a bad state in the game. THen again this would be funny. It's probably been suggested before to manipulate ecto prices but i would like to see this. With that money of yours and if you are able to change it then you with your control could make millions more
Sweet Mystery
Sweet Mystery
Lion's Arch Merchant
#50
Yeah buy ectos and force price up... how will that fix things that are naffed anyway? Or will you buy low and sell high to crash the market some more?
f
fb2000
Desert Nomad
#51
buying ectos low and then selling the same at a higher price wont change anything you know
Lonesamurai
Lonesamurai
Furnace Stoker
#52
Quote:
Originally Posted by fb2000 View Post
buying ectos low and then selling the same at a higher price wont change anything you know
apart from ingame bank balances of course
BenjZee
BenjZee
Forge Runner
#53
The price will go back to normal in time though so lol it would be an aweosme stunt
MisterT69
MisterT69
Wilds Pathfinder
#54
Quote:
Originally Posted by SmithyBen View Post
The price will go back to normal in time though so lol it would be an aweosme stunt
I don't think so. Things will only get cheaper because they'll be easier to attain by the masses. Zkeys are plummeting in price and I wouldn't be surprised at them stabilizing around the same price as lockpicks in due time. Ectos might go down a lil' bit more but they're so commonly used I highly doubt they'll plummet like the Zkeys
byteme!
byteme!
Forge Runner
#55
Why would anyone want to raise the price of ectos anyways? Why does it even matter? How is the "economy" of GW bad? We're not suffering from recession. Prices are reasonable in a sense casual players can purchase the majority of the things they need without breaking the bank. Money is flowing and moving. The economy is fine. When people "stop spending" because they can't afford to, then we may have a problem but until then try not to break what isn't broken please.

P.S Besides OP doesn't have anywhere near enough assets to even consider making a dent anyways. With 9mil you're gonna artificially raise the price for what? A day? 2 days? Good luck on that.
draxynnic
draxynnic
Furnace Stoker
#56
You know, if we're going to make analogies between the GW economy and the real-world economy...

In real-world terms, what is the effect of decreasing prices of ecto (and other items)? It's reducing the gap between the rich and the poor. If the prices of everything are falling, than in real terms the 'rich' aren't actually getting poorer except in terms of absolute gold amounts - their purchasing power is about the same even if they can no longer say that their hoard is equivalent to so many billion gold pieces. Meanwhile, with every drop in prices, the purchasing power of the 'poor' increases.

In a real-world economy, a reduction in the gap between rich and poor would be a good thing.

Now, I can understand the argument that the game needs something to work for, and that a larger gap means a more satisfying target. On the other hand, however, for someone starting playing now, they won't get the (nearly) four years of acquisition that the veteran players of today have had before GW2 comes out - so a lowering of the bar in terms of time spent could be seen as being balanced by a raising of the bar through shortening the period in which that time CAN be spent.
K
King Jay
Academy Page
#57
Haha haha haha haha haha haha haha

Not that I am done crying. Q.Q

In the game you have access to
-Unlimited Resources
-Unlimited Money
-Unlimited Supply

On this really all boils down to the price of Ectos.

If you want the price of the Ecto to go up. 3 words.

Nerf Shadow Form. (Even though nerfing this skill without killing it and making is still useful is practically impossible - Better off with completely taking it out of the game)

The availability of such an OP skill (Spells fail against you. All attacks against you miss. - It is OP) makes "Elite Areas" a joke.

I like to call it the UWSC.

Both PUGs and Guilds do it.

Making Ectos more easily available.

Go to Screenshot Threads and check some of the pics out and you will see why.
Z
Zanagi Kazuhiko
Desert Nomad
#58
Like most people said...theres only gonna be a spike in prices...then they're gonna drop again because of over farming and you can't do anything about that. Well since your quiting...it wouldn't matter to have fun lol.
C
Coraline Jones
Lion's Arch Merchant
#59
From what I can tell, this is yet-another topic about how the rich are trying to get richer. I.e., the things that we farm heavily are rapidly dropping in price, so please artifically prop up all the trader prices so I can make more money again.

Guild Wars is the only game that I know where people intentionally farm for items that hardly anybody uses... They just pass it around as markers for money. The number of people that want to forge Obsidian Armor and Chaos Gloves are dropping every day, because the rest of the public knows that it doesn't prove that you have a lot of skill, just that you have a lot of money to squander.

As for the OP's post... I find it ironic that somebody would actually use the term "bailout" when most people actually view it as a negative term. The current public attitude is that the bailout is just rewarding the people that deserve it the least. I.e., the massive corporations that helped screw up the economy in the first place. Which in some ways, is exactly what a so-called Guild Wars bailout would help the most: The people that need the least amount of help, as they are just hoping their stockpiles of ectos will shoot up in value instantly and then they can flip it for a profit. Just like those sub-prime loans.
Puebert
Puebert
Desert Nomad
#60
I'm more interested in what nerfing Shadow Form would do.