I do recall another thread about ecto prices so feel free to close this one if its not to your liking mods but since the impending update of SF and various other skills being nerfed/buffed etc, I find it intresting to see how prices are getting higher daily especially in the trader.
Trader sais one ecto is at 8-8.5k which i havent seen in a couple of years almost now, wonder how much they would be worth after the nerf or even before the nerf hits.....
Pol
Ectos are up up and away..
Polgara Val
Heloniar
oh well, you only really need 105 ectos for a obsidian armor, and if you complete successful 105 full UW runs with a balanced team, you can get it. and since Ectos is gonna skyrocket, it also becomes devalued, impossible to get some of and people, especially the new generation of Gw1 players( seeking to get the HOM filled so they can get full benefits in gw2) would change the currency to something else, slightly easier to get, like obsidian shards or gems.
upier
You know what would be funny?
If turns out that the price is driven up because everyone is buying ecto thinking of the millions they'll make by selling them after the nerf and then once the nerf arrives the demand for the ecto drops (because it doesn't make sense to hoard them any longer) along with the price.
Hopefully this will happen on Christmas.
If turns out that the price is driven up because everyone is buying ecto thinking of the millions they'll make by selling them after the nerf and then once the nerf arrives the demand for the ecto drops (because it doesn't make sense to hoard them any longer) along with the price.
Hopefully this will happen on Christmas.
Arduin
^----- this
People are making fools of themselves.
People are making fools of themselves.
AngelWJedi
in my opnion obi armor only looks good on female rt and mes. *ducks waiting to get hit from a guru guy for voicing my opnion* but obi armor is to costly so my 2 girls will make due with normal armor. but i am working to my last choas gloves on a girl. but sadly i only have 45e atm but i am content to wait until they drop in price before getting my rt her gloves.
DRGN
Yeah, I was rather shocked by this myself. Oh well, as long as they don't nerf every relatively obscure build that can farm Smites, I'll profit from this. 
moriz
i'm gonna laugh so hard when the full HoM bonus in GW2 amounts to nothing more than a rare weapon and/or armor set, and maybe a few extra lines of dialogue. this is anet and guild wars we are talking about here, does anyone actually believe they'll gain any real (as in statistical) advantages with a full HoM?
oh, and obsidian looks pretty nice on female rangers too, but that's just me.
oh, and obsidian looks pretty nice on female rangers too, but that's just me.
Songbringer
Giving them a tacitical advantage in PvP for a full HoM won't happen and who cares about PvE. It will be something where they will type /bonus and get a shiny weapon. So who cares..really
Daesu
Anyone with a full HoM would get the same thing in GW2, no matter whether you clear UW or not.
I simply refuse to trade for ectos and join in this mad circus. There is nothing that I need that require ectos and I am happy with my 1.5k luxon ranger armor for my female ranger, which is my favorite.
I simply refuse to trade for ectos and join in this mad circus. There is nothing that I need that require ectos and I am happy with my 1.5k luxon ranger armor for my female ranger, which is my favorite.
Press_ALT_F4
Simple economics:
If the majority of people believe the price is going to rise for some reason (scarcity, drop in supply...) people begin to buy more. The demand curve moves up and therefore the price level increases. Thus, because people think a commodity will increase in price, they actually create that increase in price. Speculation is wonderful, isn't it?
If the majority of people believe the price is going to rise for some reason (scarcity, drop in supply...) people begin to buy more. The demand curve moves up and therefore the price level increases. Thus, because people think a commodity will increase in price, they actually create that increase in price. Speculation is wonderful, isn't it?
Eragon Zarroc
be sure that u are rdy to purge those ectos at the trader quickly before everyone else ;-)
Tramp
My personal observation:
It is not hard to figure out in party search who is running big botting operations. Common sense of the 2 or 3 items they bot makes it easy to spot. You will see these guys making so much gold that they are forced to buy ectos because they are overloaded with gold. They really do not care what price the ectos are at, they just need to dump the gold in order to keep the business going. However, I have noticed one big botter (he sold me well over 300 stacks of dust at 2.5k each that I spent all week converting then dumping at the merchant when the Traveler was collecting glass vials) and lately he is buying up zkeys instead. (I pmed him recently to buy a ton more dust to convert all my feather stacks into cons and he said full on gold in his broken Ching-lish...) So unless they come out with XTH free keys each month, they are going to keep going up too.
It is not hard to figure out in party search who is running big botting operations. Common sense of the 2 or 3 items they bot makes it easy to spot. You will see these guys making so much gold that they are forced to buy ectos because they are overloaded with gold. They really do not care what price the ectos are at, they just need to dump the gold in order to keep the business going. However, I have noticed one big botter (he sold me well over 300 stacks of dust at 2.5k each that I spent all week converting then dumping at the merchant when the Traveler was collecting glass vials) and lately he is buying up zkeys instead. (I pmed him recently to buy a ton more dust to convert all my feather stacks into cons and he said full on gold in his broken Ching-lish...) So unless they come out with XTH free keys each month, they are going to keep going up too.
nitetime
so thats how you get rich in this game, hang out with known 'big botters'? they always sell shit for cheap huh?
or maybe the RMT's are selling more ectos then cash money and with all them hacked accounts they are using the gold to buy ecto from the trader.
or maybe the RMT's are selling more ectos then cash money and with all them hacked accounts they are using the gold to buy ecto from the trader.
Tom Swift
Quote:
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Originally Posted by upier
You know what would be funny?
If turns out that the price is driven up because everyone is buying ecto thinking of the millions they'll make by selling them after the nerf and then once the nerf arrives the demand for the ecto drops (because it doesn't make sense to hoard them any longer) along with the price. Hopefully this will happen on Christmas. |
Zahr Dalsk
I haven't been in UW since the addition of skeletons (or indeed, a while before that); is the 330 rit still viable for smite crawler farming?
Heloniar
in defense of my post, the Armor skins probably would be uber cool looking. I don't care about the advantages, I just want to look good when many others of the same race and class are still using the same kind of armor, making them into clones of each other.. :P
but anyway, Ectos, are probably on the way out unless a new original farming build comes out, then that would get nerfed. and on it goes.
but anyway, Ectos, are probably on the way out unless a new original farming build comes out, then that would get nerfed. and on it goes.
Golgotha
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Originally Posted by Zahr Dalsk
I haven't been in UW since the addition of skeletons (or indeed, a while before that); is the 330 rit still viable for smite crawler farming?
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Spirit spammer also works well in the UW, though not as quickly as Smiting.
Xenomortis
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Originally Posted by moriz
i'm gonna laugh so hard when the full HoM bonus in GW2 amounts to nothing more than a rare weapon and/or armor set, and maybe a few extra lines of dialogue. this is anet and guild wars we are talking about here, does anyone actually believe they'll gain any real (as in statistical) advantages with a full HoM?
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Anything that gave you a statistical advantage would be wrong.
Broseiden
Does that make me bad if I want shiny equipment? =<
IlikeGW
Quote:
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Originally Posted by moriz
i'm gonna laugh so hard when the full HoM bonus in GW2 amounts to nothing more than a rare weapon and/or armor set, and maybe a few extra lines of dialogue. this is anet and guild wars we are talking about here, does anyone actually believe they'll gain any real (as in statistical) advantages with a full HoM?
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AngelWJedi
Quote:
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Originally Posted by moriz
i'm gonna laugh so hard when the full HoM bonus in GW2 amounts to nothing more than a rare weapon and/or armor set, and maybe a few extra lines of dialogue. this is anet and guild wars we are talking about here, does anyone actually believe they'll gain any real (as in statistical) advantages with a full HoM?
oh, and obsidian looks pretty nice on female rangers too, but that's just me. |
Painbringer
I am selling and putting my stock in rubies 
Lycan Nibbler
I doubt anyone really thinks HoM will give anything "special" in GW2 (although a decent level weapon might be useful when starting out - at least for PvE anyway).
It would be "nice" to take one mini of our choice into the new game from ones that had been dedicated - but that would involve a lot of programming I suppose so thats a wish rather than anything else.
It will probably be a decent weapon and a special dance or emote.
I like fow female necro too myself.. about the only one tbh.. at some stage I really need to go get a set.
As far as ectos are concerned, I guess chaos gloves have done the trick and kept pulling ectos out of the system. If anet really want to mess with the market, they'll introduce chaos boots at the same time as an SF nerf /grins.
It would be "nice" to take one mini of our choice into the new game from ones that had been dedicated - but that would involve a lot of programming I suppose so thats a wish rather than anything else.
It will probably be a decent weapon and a special dance or emote.
I like fow female necro too myself.. about the only one tbh.. at some stage I really need to go get a set.
As far as ectos are concerned, I guess chaos gloves have done the trick and kept pulling ectos out of the system. If anet really want to mess with the market, they'll introduce chaos boots at the same time as an SF nerf /grins.
Windf0rce
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Originally Posted by AngelWJedi
in my opnion obi armor only looks good on female rt and mes. *ducks waiting to get hit from a guru guy for voicing my opnion*
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Example: I think FoW is horrendous on female Mesmers, since I noticed there's a clipping issue in the middle of her butt as she runs (*faints*), and when standing her legs are as thin as toothpicks. I'll pass, but I know people who like it. However, I tend to like Monk and Paragon FoW, which some people hate, and the cycle reapeats itself -with someone always liking some of the sets, and making new chars, so the demand is always there.
Chaos Gloves only add to it and we all know how common they are - being common didn't put me off from getting them, I like shiny things.
I'm curious as to what will happen to Ecto prices, it is fun to see where this goes.
Edit: At everyone trolling the HoM and GW2, I don't believe anyone is getting FoW and other fancy stuff only because of the possible rewards. People just want to have fun and show off, and now - look at Chaos Gloves, they aren't even displayable in the HoM and lots of people get them simply because they like it - not because of GW2 or HoM... or else everyone would be saving up for actually displayable monuments...
Lycan Nibbler
Quote:
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Originally Posted by Windf0rce
Edit: At everyone trolling the HoM and GW2, I don't believe anyone is getting FoW and other fancy stuff only because of the possible rewards. People just want to have fun and show off, and now - look at Chaos Gloves, they aren't even displayable in the HoM and lots of people get them simply because they like it - not because of GW2 or HoM... or else everyone would be saving up for actually displayable monuments...
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Test Me
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Originally Posted by moriz
i'm gonna laugh so hard when the full HoM bonus in GW2 amounts to nothing more than a rare weapon and/or armor set, and maybe a few extra lines of dialogue. this is anet and guild wars we are talking about here, does anyone actually believe they'll gain any real (as in statistical) advantages with a full HoM?
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Spiteful much? All you can do today in GW is getting shinny armor skins or titles with no importance to stats. Yet that's what keeps most busy 4.5 years after launch still. Go figure.
Rocky Rockstar
buhu. people buy ectos because most people are full of money. i buy ectos because platinum is no way near as useful as ectos when trading. the 'farmers' are who is making the ecto prices go up because they see their chance to get out of poverty. the people who are clever will just keep going up in stacks of ectos no matter if sf gets nerfed or not.
say i have 1000 ectos now, all bought for 6k, and i sell all for 8k (if when they go up) , i will still have to buy them again for around 8k, so the 'high rollers' will not be making any money from this.
so the conclusion is: only people with 1000k or less are going to make a profit here, and only if they dont buy new ectos again. this is a illusion for the 'farmers' while the 'corporations' dont care .
IMO ^^^^^^^^^^^^^^^^^^^^^
say i have 1000 ectos now, all bought for 6k, and i sell all for 8k (if when they go up) , i will still have to buy them again for around 8k, so the 'high rollers' will not be making any money from this.
so the conclusion is: only people with 1000k or less are going to make a profit here, and only if they dont buy new ectos again. this is a illusion for the 'farmers' while the 'corporations' dont care .
IMO ^^^^^^^^^^^^^^^^^^^^^
N1ghtstalker
ectos gonna skyrocket so what?
i bought my fow right before the SF perma buff so everyone could ectos on plains
don't complain, just play the game
i bought my fow right before the SF perma buff so everyone could ectos on plains
don't complain, just play the game
Trader of Secrets
do expect a small drop in price a while after the actual nerf. its only raising b/c people are rushing for ecto.
Maker of the fallen
Quote:
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Originally Posted by moriz
i'm gonna laugh so hard when the full HoM bonus in GW2 amounts to nothing more than a rare weapon and/or armor set, and maybe a few extra lines of dialogue. this is anet and guild wars we are talking about here, does anyone actually believe they'll gain any real (as in statistical) advantages with a full HoM?
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So anything I get from it is pretty cool Imo.
Barrage
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Originally Posted by Maker of the fallen
I've always looked at the HoM like achievements for xbox or trophies for ps3..
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Martin Alvito
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Originally Posted by AngelWJedi
OO no no spoon?! *screams and faints* okay now that out of my system. i think the price has already started to rise. last i looked the ecto is now 8k at trader. i can only hope the price wont stay up to high for to long.
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Purchases from the trader cause the price to rise; sales cause it to fall. The trader seems to have pretty wide tolerances on what will cause a rise or a fall. If you see prices rising at the trader, it means that many more people want to buy them even at the trader price than want to sell for the lower current player-to-player price.
Usually it's a lack of sellers, rather than a massive influx of buyers, that sparks these bubbles. People see the price start to rise, withdraw their ectos from the market and wait for further rises, knowing that (at least for a while) other people will rationally do the same. Eventually, some people start to pile on and buy, gambling that ecto will go up at least a couple of plat further so that they can turn a profit reselling it. End result: a boom.
The trouble is that there are so many ectos already out there that once the boom plays out, people will start cashing them in droves and drive the price back down. It's hard to think of a speculative bubble in Guild Wars that ever resulted in a higher end price for a currency item. Rubies and sapphires came closest to fitting that, but the underlying value of those items legitimately changed when an armor crafter using them was added.
It's more likely that you'll see the price of ecto fall back to "normal" levels and see the rate at which minis and such inflate level off somewhat. Still, the chaos presents an opportunity for the bold to make money via arbitrage.
Risus
Quote:
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Originally Posted by upier
You know what would be funny?
If turns out that the price is driven up because everyone is buying ecto thinking of the millions they'll make by selling them after the nerf and then once the nerf arrives the demand for the ecto drops (because it doesn't make sense to hoard them any longer) along with the price. Hopefully this will happen on Christmas. |
Very ironic and I would LOVE to see this happen (because I have all my cash in SHARDS lulz)
Vyral
I've never really understood why lockpicks aren't more used for trade currency.
Using a nonfluctuating value of 1200 gp (or 1250...), trades up to 2 million gold could be performed.
Using a nonfluctuating value of 1200 gp (or 1250...), trades up to 2 million gold could be performed.
moriz
ectos are more easily (or rather, more predictably) farmed than lockpicks.
FengShuiDove
Quote:
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Originally Posted by Vyral
I've never really understood why lockpicks aren't more used for trade currency.
Using a nonfluctuating value of 1200 gp (or 1250...), trades up to 2 million gold could be performed. |
My answer to your entirely logical question: convention, most likely. And that's about it.
As for the thread topic... meh, it happens. Speculations rise and fall, and with them the prices of pink squishies tends to fluctuate. I'm hoarding a little bit just in case, but more than likely it'll pan out just like every other time.
EDIT: moriz is correct as well. Although we know that the bulk lockpick sales folks have a consistent way to access faction-controlled outpost traders, and someone will always control those, so it's not like it will ever be completely inaccessible.
Coney
I believe all of this price inflation of ectos is based on old schoolers speculation (3-4 year hardcore players), who are so mindbent on ectos being the only way to handle the 100k player/1m chest gold/plat limits.
However, Nightfall brought the ruby and sapphire stacks into play. And of course PvP zkeys are a nice source of high value stacks. I personally prefer nick present stacks as a good source of gold storage, as well as the most useful conset consumable (BU/celerity)...
You've provided the reason in your own question post. Each lockpick is only worth 1/4 to 1/5 of other 'high quality' items, resulting in inventory stacks worth 1/4 to 1/5 of what they potentially could be...
However, Nightfall brought the ruby and sapphire stacks into play. And of course PvP zkeys are a nice source of high value stacks. I personally prefer nick present stacks as a good source of gold storage, as well as the most useful conset consumable (BU/celerity)...
Quote:
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Originally Posted by Vyral
I've never really understood why lockpicks aren't more used for trade currency.
Using a nonfluctuating value of 1200 gp (or 1250...), trades up to 2 million gold could be performed. |
GloryFox
I'm going to find it funny when people realize that you only needed "any" 5 sets of elite armor will get a unique in game item, possibly a unique starting armor design that will only last for around 5 levels of gameplay.
My best guess is that you will get a unique item from each monument you filled out.
1 unique title (you only needed 5 titles)
1 unique set of starter armor (you only need 5 to be filled out)
1 unique skin set of in game starter weapons (200k worth of materials will get you your weapons monument filled out)
1 unique mini pet (any 20 minipets including whites)
1 unique companion option (any 5 elite armor henchmen)
My best guess is that you will get a unique item from each monument you filled out.
1 unique title (you only needed 5 titles)
1 unique set of starter armor (you only need 5 to be filled out)
1 unique skin set of in game starter weapons (200k worth of materials will get you your weapons monument filled out)
1 unique mini pet (any 20 minipets including whites)
1 unique companion option (any 5 elite armor henchmen)
Heloniar
I disagree, there's the Gwamm track which makes the HOM change as you progress . there's also the mention of the elite areas you've conquered. Those 2 things could add something possibly reallly cool. ie, get a new dancing emotes, sparkles, etc, a God aura perhaps. but they're there for a reason, we just don't know what. and I doubt that the HOM elite armor would only be the starter armor. It's actually probably gonna be the ascension point armor like the 1.5k but "elite"
JONO51
Quote:
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Originally Posted by GloryFox
I'm going to find it funny when people realize that you only needed "any" 5 sets of elite armor will get a unique in game item, possibly a unique starting armor design that will only last for around 5 levels of gameplay.
My best guess is that you will get a unique item from each monument you filled out. 1 unique title (you only needed 5 titles) 1 unique set of starter armor (you only need 5 to be filled out) 1 unique skin set of in game starter weapons (200k worth of materials will get you your weapons monument filled out) 1 unique mini pet (any 20 minipets including whites) 1 unique companion option (any 5 elite armor henchmen) |