The market nowadays....

2 pages Page 2
n
noneedforclevernames
Krytan Explorer
#21
Quote:
Originally Posted by Shy Guy View Post
@Bright: Nah I agree that 80% of players ARE dirt poor, 15% are filthy rich, and 5% are in the middle, but I feel like on the guru the vast majority of people you see are in that middle category. Realistically they only contribute to a small portion of the community, but the funny thing is I feel like 80% of those people are on the guru while like 0.01% of the poor, new players have never even heard of the guru.

P.S. I consider the middle to be 100-1000e
15% are rich? No way. That's saying 1 in 7 players is extremely rich. The value is probably 1-2% of people are actually rich. That's how it typically works in real life societies. You get ~1% of the population earning 95% of all the money that is being earned...then you have everybody else who gets a portion of the money the top 1% is earning.
Hobbs
Hobbs
Desert Nomad
#22
Quote:
Originally Posted by obastable View Post
^ +1

Also

After 6 years there's nothing left in this game that I want that I don't already have (There is no Everlasting Yakkington tonic, if there was I'd sell my mother to get one). I have no use for ecto or arms so I give them to friends & maintain about 100k in storage. The economy is useless to me & I'm sure I'm not the only one who just doesn't give a flying f**k in a rolling donut about the "state" of it anymore.
Yeah, this is me. I've never been "rich", I maintain around 50e + like 300k liquid most of the time, now I got GWAMM and 50/50 as well as the weapons and armour I want I have nothing to spend my money on and no motivation to farm or play the markets.

I just play Pre Searing to get the last PvE title left that doesn't require stupid time/money (Lucky/Treasure/Wisdom), I don't clock enough playtime anymore to attempt those.
q
qazwersder
Frost Gate Guardian
#23
I guess I must be one of the poor ones then. Lucky if I ever have 500k, usually have 200-300. But then there's nothing I really want, I dont feel the need to be rich.
shadowfell
shadowfell
hamonite anur ruk
#24
I'm nearly always cash poor, with everything stuck in ecto and items so I don't consider myself rich at all. I'm definitely not filthy rich like some of the guys who were around back before I left the game, omg.. the wealth was so sickening.

I can afford to buy whatever I want, probably, but I'd break myself to do it, which is a horrible feeling. I don't like not being able to have things, if they come about.
cataphract
cataphract
Forge Runner
#25
Quote:
Originally Posted by marnick View Post
pretty much this. Either you have 20 stacks of ecto and a stack of armbraces, or you are broke, as in zero gold. There is no in between. It\'s partly due to the age of the game, and partly due to powertraders who destroyed their own markets. Overfarming of ecto and armbraces is an issue too.
Yes there is.

I have less than 300e in total. And still can't find anything to buy. Nothing really piques my interest anymore. Most of high-end items never did.

Quote:
Originally Posted by qazwersder View Post
I guess I must be one of the poor ones then. Lucky if I ever have 500k, usually have 200-300. But then there's nothing I really want, I dont feel the need to be rich.
My GF feels the same way. When she gets to 300k she goes out and buys another set of armor.
k
killmeshiniing
Lion's Arch Merchant
#26
To most of the powertraders- Right, you may have 1000e or less, but how much is left in q7/8 weapons that haven't been sold yet? Would you say you have an equal amount of money in items or much, much more?

Also, stacks of consumables would count for this too...
carnage-runner
carnage-runner
Furnace Stoker
#27
Just to chime in... I'm sitting on almost 3 stacks of e. and about a mill worth of random cons that would be easy to sell... But I buy everything for my HoM... so sure, maybe we all have had 1000's of ecto.. 10-20 stacks of e.. but w/e. I dedicated my ghostly.. Because it's just ecto, and it comes and goes.

As for the gap... 2/3 are less than 250e. Of the remaining 1/3 i'd say 1/10 are over 10000e. Lot's of people have tons of ecto. And when I say tons I am speaking relative to myself. I know of quite a few people with more than 1000e, and several with over 5000e, and a couple with over 10000e. Whether it's in ecto/arms/minis/weapons is irrelevant. But that's just my opinion, and like everyone else's, it might be wrong.

Those with lots, have less than they want, those with none have less than they want. We're all the same, relatively speaking.
Swingline
Swingline
Forge Runner
#28
Quote:
Originally Posted by killmeshiniing View Post
To most of the powertraders- Right, you may have 1000e or less, but how much is left in q7/8 weapons that haven't been sold yet? Would you say you have an equal amount of money in items or much, much more?

Also, stacks of consumables would count for this too...
I dont power trade much anymore just bc todays current market is bleh and most people know prices on everything in the game just about. Currently I have 150k and 45 ecto just because I have just about everything I need. Now if you take all the stacks of cons and high end weapons that are not custo'd into account I have probably in the area of 3000e. If all my weapons were non custo'd around 5000e. Also I have no high end minis bc I just don't like them.
Bright Star Shine
Bright Star Shine
Furnace Stoker
#29
Quote:
Originally Posted by carnage-runner View Post
Just to chime in... I'm sitting on almost 3 stacks of e. and about a mill worth of random cons that would be easy to sell... But I buy everything for my HoM... so sure, maybe we all have had 1000's of ecto.. 10-20 stacks of e.. but w/e. I dedicated my ghostly.. Because it's just ecto, and it comes and goes.

As for the gap... 2/3 are less than 250e. Of the remaining 1/3 i'd say 1/10 are over 10000e. Lot's of people have tons of ecto. And when I say tons I am speaking relative to myself. I know of quite a few people with more than 1000e, and several with over 5000e, and a couple with over 10000e. Whether it's in ecto/arms/minis/weapons is irrelevant. But that's just my opinion, and like everyone else's, it might be wrong.

Those with lots, have less than they want, those with none have less than they want. We're all the same, relatively speaking.
I'm sitting at ~500e atm, but I've easily spent about 600e-700e on Shields, and a friend still owes me 150e... I'm happy, I don't care tbh. I have every item I want, except for 1 shield that I'll probably never find anyway, and I have 50/50 etc etc.. I don't think I have to little, I'm a rich, lazy bastard that overpays everything he needs because he doesn't want to look for a nice deal and underasks everything he sells cause he can't be bothered to sell for long. Not everyone thinks they have too little tbh. A lot of my guildies are exactly the same as me.

But you made a good point though..
cataphract
cataphract
Forge Runner
#30
Quote:
Originally Posted by Bright Star Shine View Post
I have every item I want, except for 1 shield that I'll probably never find anyway, ..
I doubt it. If I managed to find and buy a Bo Staff with 20 hct healing after years of searching, there's no reason for you not to find the shield you are looking for. Btw, what are you looking for anyway?
Bright Star Shine
Bright Star Shine
Furnace Stoker
#31
Any skin +10vGiants -2ench shield to finish my collection. I'm currently pending trade for a +10vSkeletons -2ench and with the Giants, I'll have every mod +10/-2...
cataphract
cataphract
Forge Runner
#32
Oh, you're looking for -2 ench mods along with +vs bad guys. That's going to be a nice collection indeed. I thought you were looking fot +vs bad guys and whatever and immediately thought of my pro paladin wamo. XD

Anyhow... If I ever see the giants one you'll be the first to know. Collections ftw. \o/
L
Lillium
Frost Gate Guardian
#33
Eh, I'll chime in as one more inbetween.

I have 50/50, all the armor I could conceivably want/need, and the cash titles completed, so could easily run into silly richness. I even enjoy some farms (DoA/Vaettir), and can do whatever runs I could want for myself. However...
I loathe popular expensive weapon skins. They're really, really fugly. I was fully geared in gear I consider better looking, even if it is moderately priced, before I got into a ton of DoA (and rich) and well before WiK added the Oppressors. When I was buying minis for the HoM I aimed for minis that I like, leaving none that I really have to have. (Albeit, no bears, but again, I'm not fussed about them.) Between all of my elite armor and having all of the costumes, I'm really not a fan of EL tonics - I've put too much effort (and RL cash :/ ) into how my characters look to want to be anyone else.

So when I basically have everything I could want of any value that's 100k+, what point could I possibly have in building up stacks on stacks of ectos? I've got a number friends and guildies who are lucky to have over 300k on their own, and I love giving them little gifts like a set of elite armor. But that's not motivation for me - I have no intention of playing/farming the game for someone else.
I still enjoy playing the game, but have no interest in building wealth I can't spend for myself.
M
Malice Black
Site Legend
#34
Inscriptions helped kill the market, but time was the biggest killer.
Showtime
Showtime
Forge Runner
#35
I'm uber rich according to the scale. But I'm not uber rich by a long shot. 1st time I saw a stack of arms, I realized I'd never get to that level. The dupers and early exploiters had gotten theirs and it would take luck or ridiculous amount of trading to catch up. I had 1k+ ectos a while back and decided to diversify so I bought a bunch of kuuns at their peak. Now they are worth a third of what I paid. Should have bought rare minis, weapons, ectos, but who knew. Weapons have taken a dive a different times and so have ectos.

Everyone is saying they're in the middle (100-1k e)? I'm counting gold, ectos, and minis and semi fluid items - anything dedicated or unsellable. If you have a weapon collection worth 2k+ ectos, then by the 1k ecto cap, you are wayyy over. Maybe it should be more like a stack to 7 stacks you are in the middle. With 7 stacks you could buy a polar bear, but can't buy an uber weapon or mini. There is value in collections. So more of you are ultra rich or we change the parameters. I also think there is a value on armor and uber weapons that are unded/ded. Armors have a set value. You have to pay the same amount of materials etc to craft them. Ded weapons on the other hand would be trickier. Though some we know.

Wealth is relative and it changes. If they reintroduced all the nerfed weapons from the early days? Then that valuable weapon collection wouldn't be worth nearly as much. If they started giving out ultra rare mini's as prizes, the value would drop. If they offered you to trade in unded year 1 whites for a special mini those 1k whites would sky rocket! :8)

The main thing we use to measure wealth in GW is ectos. If suddenly people needed large amounts of gold cuz they raised max trades to 1k plat and storage to 1000k platinum, ectos would probably drop like a rock. I have a theory that at any given time there are more ectos in the game than any other material. Simply because I don't know too many people that hoard several stacks of anything that doesn't get used on a regular basis (consumables etc). But we hoard ectos. Even check other rare materials... I've had stacks of shards, onyx, diamonds, steel, etc., but usually only for a short period of time. I never even seen a stack of rubies or sapphires.

Besides markers, what good are ectos? They can be used for 2 things and 2 things only. Obisidian armor and chaos gloves. That means there are probably enough ectos to get obs armor and chaos gloves for every active player that needs a set. Most people already have their set of fow for hom. Many have several sets. By supply, ectos could be one of the least valuable materials in the game.

Thats to note that nothing is safe in game. Only the people who have inside info know what's up. Did you notice how much alcohol spiked the month leading up to update? You couldn't give it away for weeks and then people were getting 70+ a point? 90 a point days before? Why was that? It was probably because some players had inside info and bought it up.

So I may not have as much as lot of people, but I've found the best investment by far and a lot of the ultra rich have no clue. I help my friends. I find out what goals someone has for their title or hom and get them it. Probably the best thing Ive done with those pink pixels.

Games dead. Finish your titles, homs, your one last collection and then help others. Save some for the potential gw2 to gw1 trades that you might need to make and then make someones week. When one of the old school ultra rich quit my friends guild, he bought his guildies everything they wanted. You can do that or horde it all to impress some geek. It's just a game.
Gabriel of Ravn
Gabriel of Ravn
Desert Nomad
#36
Quote:
Originally Posted by Showtime View Post
When one of the old school ultra rich quit my friends guild, he bought his guildies everything they wanted.
Basically what I did I had more ecto than I cared for helped get obby armor for around 12 friends that only had enough cash/mats for 1 piece.
cataphract
cataphract
Forge Runner
#37
That was a very nice gesture indeed. /thumbs_up
animal fighter
animal fighter
Forge Runner
#38
Quote:
Originally Posted by Malice Black View Post
Inscriptions helped kill the market, but time was the biggest killer.
this.

when random gold drops went from being possibly worth something to 200-400gold at the merchant tops, that's when the market died.

if you get a gold drop in NF or Eotn, doing missions, it's going to be worth like 2-5k max. and that's if you wanna spend 5-30 minutes selling it.
cataphract
cataphract
Forge Runner
#39
Trade spam in Kamadan is as dizzying as ever.
G
Gabs88
Desert Nomad
#40
Introduce an auction house and the middle ground will be established in a flash.