Any opinions on price increase or decrease on ZCoins (Gold, Silver) In the Long Run? And if so, how much do u think it will decrease/increase by?
I personally do not see them decreasing all that much since zkeys will remain at 5-7k. Gold Zcoins will always be a bit above that, id guess gold will drop to 10k making silv remain at 1k / ea
Discuss.
p.S: I see Silv ZCoin @ 1k/ea and Gold Zcoin @ 10-14k/ea price range in Great temple of balth ad1 at this time.
ZCoin Prices in the Long Run
Im in SPAMADAN
melissa b
Probably 8k in the long run, 10k sooner than later
Zkeys and Elite Tomes will maintain its minimum value for the long term.
Envoy weapons are new so that will push it up for a little bit
However there is a certain unknown factor
Will new rewards be added?
Will other envoy weapon skins be added?
Will reward creep continue adding more coins on the market or decrease the coin requirement for some items?
Will envoy weapons be given an update to add to the hom?
etc?
Zkeys and Elite Tomes will maintain its minimum value for the long term.
Envoy weapons are new so that will push it up for a little bit
However there is a certain unknown factor
Will new rewards be added?
Will other envoy weapon skins be added?
Will reward creep continue adding more coins on the market or decrease the coin requirement for some items?
Will envoy weapons be given an update to add to the hom?
etc?
jimbo32
14k (or 2e, which I've also heard) for a gold coin is silly. I agree with melissa that they'll probably eventually settle at around 8k.
Since they made the new weapon skins so expensive, they should've made the daily PvE zquests repeatable while they were at it. I don't think it would affect the value too much - maybe the coins would be 5k-ish or so. But it'd make the rewards a bit more accessible.
Since they made the new weapon skins so expensive, they should've made the daily PvE zquests repeatable while they were at it. I don't think it would affect the value too much - maybe the coins would be 5k-ish or so. But it'd make the rewards a bit more accessible.
ACWhammy
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Originally Posted by Im in SPAMADAN
I personally do not see them decreasing all that much since zkeys will remain at 5-7k. .
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Probably the same value as a zkey. But I'm curious where you got this above information ^^
Swingline
imo they will settle around 10k
Voodoo Rage
I don't see selling a gold coin for less than 12k since elite rit tomes are still selling easily at that price. Everyone is rolling rits and all of the key players skills, Signet of Spirits, Signet of Ghostly Might, and Soul Twisting are really far away for a new character.
melissa b
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Originally Posted by Voodoo Rage
I don't see selling a gold coin for less than 12k since elite rit tomes are still selling easily at that price. Everyone is rolling rits and all of the key players skills, Signet of Spirits, Signet of Ghostly Might, and Soul Twisting are really far away for a new character.
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Mcsnake85
I bought 200 of them for 1.5e each, in other words 10.5-11.25k / each so agree with Voodoo, they can be set to 12k/each.
melissa b
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Originally Posted by Mcsnake85
I bought 200 of them for 1.5e each, in other words 10.5-11.25k / each so agree with Voodoo, they can be set to 12k/each.
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Mcsnake85
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Originally Posted by melissa b
How does what the price you paid today or yesterday, considering the zcoins just became trade-able yesterday, determine the long term price that the original poster is asking?
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Btw since you can buy 1 elite rit tome for 1 gold coins and they worth over 12k i dont think they drop in price.
melissa b
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Originally Posted by Mcsnake85
I just said my opinion,i can be easily wrong...they can reach 100000k/each or they can drop to 1g/each, we dont know how the things go.
Btw since you can buy 1 elite rit tome for 1 gold coins and they worth over 12k i dont think they drop in price. |
Mcsnake85
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Originally Posted by melissa b
The 12k elite rit tome price is today, how will it maintain that price in the long term when it requires half the gold coins of just 2 days ago?
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Price is set in base of how much money that item can bring if we speaking about Reward trophy Items.
For Example, how much is a Trade Contract?
simple: *Price of ruby* / 7
so,if a ruby is 7k, 1 trade contract is 1k...
So if an Elite Rit tome is 12k why i have to buy/sell the gold coin for less?
Why you have to sell a trade contract for less than *Price of ruby* / 7 ?
When the Elite rit Tome drops to 10k or to 1k,then gold coins probably drop.
Simple logic,same that wiki use.
Estic
McSnake: Because you seem to have missed this post I'm going to quote it.
Simple logic really.
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Originally Posted by melissa b
Elite Rit Tomes used to require 2 gold zcoins and went for 12-14k, surely with yesterdays update only requiring 1 will hurt their price.
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Mcsnake85
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Originally Posted by Estic
McSnake: Because you seem to have missed this post I'm going to quote it.
Simple logic really. |
2 Coins = 2 keys and 2 keys were 7k/each [3/4 days ago],2x7=14k
2 Coins = 1 Elite Ritualist Tome and it is 12k
So, what you buy with 2 Coins? simple : 2 Zkeys.
Ritualist tome can drop in price, never said they cant..but it is 12k+ for a long time,so ppl can keep offer12k/each BUT just my opinion.
If ppl keep offer 12k/each for a Elite ritualist tome, drop of coins never drop.
You must add the time to farm a gold coin that make all price increase a little even if they drop in price. So ppl always ADD Xk for the time they waste in Zbounty/Zmissions/Zpvp battle.
*If you guys think different,im can buy all your Z-Gold coins for...dunno 9k/each?If they drop in price yu guys earn money and i loose a lot of money
(joke guys)
dasmitchies
Zcoins cannot be power farmed. There is a limit one can get based on time alone. For this reason prices will not be determined like ectos or zkeys. While I believe elite tomes will take a long term price hit, Zcoins will probably settle to 8k for gold after a month due to the length of time required to get one. Even with repeatable quests and such time still limits their acquisition unlike ectos and such.
Urcscumug
6-8k for zkeys, gold zcoins and elite tomes. The only reason elite tomes were more was because they required 2 gold zcoins.
(For elite tomes, btw, this is the cap, and will only apply to the professions in the current meta. For other professions they will sell for less.)
For silver zcoin it's a bit more complicated due to the larger amount of interesting stuff you can get for it. Realistically, probably 600-800g, mainly due to the 1:10 rate with gold zc and 1:2 with lockpicks.
Warning on Balth Flames: they will most likely drop in price since they now have to match 1:1 with lockpicks, 1:2 with silver zc, and 1:5 with zkeys. This means roughly 1/3 of their current value.
As for regular tomes, I don't see them approaching 1k. I know that some people ask 1k for "hot" professions like the rit, but they seem to overlook the fact that for 1k you can simply get the skill from the skill trader. Without an incentive of a few hundred gold I have no reason to buy a rit tome. They're available for 600-800g and I don't see them going higher. (Don't say that the skill trader also wants skill points. Skill points are not exactly scarce.)
(For elite tomes, btw, this is the cap, and will only apply to the professions in the current meta. For other professions they will sell for less.)
For silver zcoin it's a bit more complicated due to the larger amount of interesting stuff you can get for it. Realistically, probably 600-800g, mainly due to the 1:10 rate with gold zc and 1:2 with lockpicks.
Warning on Balth Flames: they will most likely drop in price since they now have to match 1:1 with lockpicks, 1:2 with silver zc, and 1:5 with zkeys. This means roughly 1/3 of their current value.
As for regular tomes, I don't see them approaching 1k. I know that some people ask 1k for "hot" professions like the rit, but they seem to overlook the fact that for 1k you can simply get the skill from the skill trader. Without an incentive of a few hundred gold I have no reason to buy a rit tome. They're available for 600-800g and I don't see them going higher. (Don't say that the skill trader also wants skill points. Skill points are not exactly scarce.)
Mcsnake85
As i said, ppl set the price in base of the max quantity of money they can get with that reward trophy, for example :
[http://wiki.guildwars.com/wiki/Monastery_Credit]
Now, set a price for static value items is really easy,for items that can drop in price or raise is a bit harder, but the procedure is the same.
Lets speak about Gold Coins
i dont care about other coins,because item that you can get are irrilevant)
You have to do yourself some question before set a price:
1)How much worth items that i can get with coins and how much ppl pay?
2)How many coins i must spend to get them?
3)How easy can i get items that i buy with GCoins,using other farms?
4)Can be only obtain trough Gcoins or no?
When you know all aswers about those question you have to think how to maximize your gain in money:
With 1 Gold Coin you can buy 1x Elite Assassin tome,but we know that worth 2k on top since you can get it easily with raptor farm,so not worth get it and resell no?
So there are another 2 option to maximize :
1) Elite Ritualist tome : harder to farm (not impossible,just hard)
2) light equipment pack
Light equipment pack (10 slot) is really not that popoular, and how much is can worth?lets suppose 4x times the smaller one: 4x2.5k=10k that can be a good price,but not enough.
Elite ritualist tome is going between 12k to 15k MAX, but can be sell easy for 12/13k that mean +2-3k than Light Equip pack.
So we got a winner: Elite Ritualist Tome, so price of GCoins is 12/13k.
IF the price of tomes DROP, then we must recalculate all and maximize again the amount of money you can get with a single coin.
Feel free to think a different way,but this is the logic how the price are set.
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Monastery Credits Gold saved is gold earned, and since it only takes three credits to purchase an Expert Salvage Kit with a purchase value of 400Gold, each credit would be worth 133.33Gold. Or, even better, a Rune of Holding with a purchase value of 500 gold, makes each credit worth 166.66Gold. |
Now, set a price for static value items is really easy,for items that can drop in price or raise is a bit harder, but the procedure is the same.
Lets speak about Gold Coins
i dont care about other coins,because item that you can get are irrilevant)You have to do yourself some question before set a price:
1)How much worth items that i can get with coins and how much ppl pay?
2)How many coins i must spend to get them?
3)How easy can i get items that i buy with GCoins,using other farms?
4)Can be only obtain trough Gcoins or no?
When you know all aswers about those question you have to think how to maximize your gain in money:
With 1 Gold Coin you can buy 1x Elite Assassin tome,but we know that worth 2k on top since you can get it easily with raptor farm,so not worth get it and resell no?
So there are another 2 option to maximize :
1) Elite Ritualist tome : harder to farm (not impossible,just hard)
2) light equipment pack
Light equipment pack (10 slot) is really not that popoular, and how much is can worth?lets suppose 4x times the smaller one: 4x2.5k=10k that can be a good price,but not enough.
Elite ritualist tome is going between 12k to 15k MAX, but can be sell easy for 12/13k that mean +2-3k than Light Equip pack.
So we got a winner: Elite Ritualist Tome, so price of GCoins is 12/13k.
IF the price of tomes DROP, then we must recalculate all and maximize again the amount of money you can get with a single coin.
Feel free to think a different way,but this is the logic how the price are set.
Urcscumug
No. Prices are set by various NPC traders who offer certain items for direct gold conversion rates. Eg. lockpicks, scrolls, the ecto etc. Who in turn get their rates directly from supply and demand, by tracking sold and bought items.
The moment zcoins became directly tradeable, it meant they must fall in line with these other items. Which already have established prices, which are not going to change because the supply is steady and the gold conversion rate is readily available.
Simply put, it's simpler to force one item (rit elite tomes) to adjust price to market, than to expect everything else to change to accomodate it. Some discrepancies were tolerated for some items for as long as zcoins were insulated from the market. Not anymore.
Meta profession elite tomes will be valued at cap, and lesser professions at lesser values. I maintain my opinion regarding 6-8k. I will of course accept educated guesses as to otherwise; but difficulty of farming elite tomes is not a relevant factor.
Lots of items are difficult to farm yet there's no shortage of them. You're confusing effort of obtaining something with scarcity. There's no direct relation. In GW, scarcity is directly related to statistical probability of drop, and those tables are fixed. To put this in simpler terms: it doesn't matter how hard it is to get to a source of drops; all it matters are the chances for a particular drop. And those rates are known and have already established market equivalents.
The zcoin is the new kid on the market and it will have to fit into it, not the other way around.
The moment zcoins became directly tradeable, it meant they must fall in line with these other items. Which already have established prices, which are not going to change because the supply is steady and the gold conversion rate is readily available.
Simply put, it's simpler to force one item (rit elite tomes) to adjust price to market, than to expect everything else to change to accomodate it. Some discrepancies were tolerated for some items for as long as zcoins were insulated from the market. Not anymore.
Meta profession elite tomes will be valued at cap, and lesser professions at lesser values. I maintain my opinion regarding 6-8k. I will of course accept educated guesses as to otherwise; but difficulty of farming elite tomes is not a relevant factor.
Lots of items are difficult to farm yet there's no shortage of them. You're confusing effort of obtaining something with scarcity. There's no direct relation. In GW, scarcity is directly related to statistical probability of drop, and those tables are fixed. To put this in simpler terms: it doesn't matter how hard it is to get to a source of drops; all it matters are the chances for a particular drop. And those rates are known and have already established market equivalents.
The zcoin is the new kid on the market and it will have to fit into it, not the other way around.
Verene
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Originally Posted by Urcscumug
6-8k for zkeys, gold zcoins and elite tomes. The only reason elite tomes were more was because they required 2 gold zcoins.
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I don't see this really changing the price of tomes or keys that much, since coins really can't be readily and easily farmed. The gold coins themselves will probably settle around 8-9k, I think.
Kunder
In the long run everything will be worth its price in Zcoins or less, due to the differences in supply/demand from secondary supply sources or limited market demand. The only reason this hasn't happened now is because the on-hand supply of Zcoins is highly limited, no one was stockpiling them before. At the same time, Envoy weapons are the E-peen on the week, so Zcoin demand massively outstrips demand for any of the other items. Eventually things will balance out as the Zcoin supply over time ramps up and all items bought primarily through Zcoins will converge to the same equivalent price per Zcoin required to obtain.
Hopefully, Zcoins quickly become the new secondary unit of trade and can replace Zkeys, but that will require the market to act in an intelligent fashion which is always impossible to rely on.
Hopefully, Zcoins quickly become the new secondary unit of trade and can replace Zkeys, but that will require the market to act in an intelligent fashion which is always impossible to rely on.
Mireles
I expect z-key prices to fall...prob to around 5.5k...supply will increase because of the increase activity in PvP and the introduction of imperial faction to convert into balth faction in areas that previously had a very low yield for balth faction...
Gold coins started at 10-14k the second update hit cuz of the "OMG NEW RARE STUFFS!!!!" demand effect... but will have a slow decrease in demand over time and will finally settle at a price 500g-2k above a respective z-key price
As for the gold coins = 12k because of elite rit tome justification i don't find valid... you will see rit tomes decrease in price because of increased accessibility.... think about it.... if u had 100 gold coins and couldn't find a price above 10k... and ppl converted to elite rit tomes to make more profit would bring the price of elite rit tomes down because of the increased supply... making that justification consume itself... rit tomes are going to decrease in price as a result of decreased gold coin conversion.. not opposite
Gold coins started at 10-14k the second update hit cuz of the "OMG NEW RARE STUFFS!!!!" demand effect... but will have a slow decrease in demand over time and will finally settle at a price 500g-2k above a respective z-key price
As for the gold coins = 12k because of elite rit tome justification i don't find valid... you will see rit tomes decrease in price because of increased accessibility.... think about it.... if u had 100 gold coins and couldn't find a price above 10k... and ppl converted to elite rit tomes to make more profit would bring the price of elite rit tomes down because of the increased supply... making that justification consume itself... rit tomes are going to decrease in price as a result of decreased gold coin conversion.. not opposite
AngelWJedi
to base the gold coins ONLY on elite rt tomes is silly. their are other elite tomes im use if people did use coins for elite tomes they got others besides rt ones. xD
Mcsnake85
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Originally Posted by AngelWJedi
to base the gold coins ONLY on elite rt tomes is silly. their are other elite tomes im use if people did use coins for elite tomes they got others besides rt ones. xD
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When they drop in price, G.Coins drop in price.
Z keys drop because now are easy to get and we have an increment of ppl that play pvp with new update!
Kanyatta
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Originally Posted by Mcsnake85
This is right, agree 100%.....but unfortunately E.Rit tome are expensive than others, thats why the prices are based on them.
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Also, since I've seen most people buying Gold Coins for 10k/ea, I have a feeling that all Elite Tomes will either stick around that price, or drop even lower, since they can also be acquired by farming.
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Originally Posted by Mcsnake85
Z keys drop because now are easy to get and we have an increment of ppl that play pvp with new update!
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Mcsnake85
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You keep ignoring the fact that Elite Tomes aren't static in price. They sell for whatever the market will pay for them. And I feel that the community will wise up within the next one to two weeks and see there's no reason to pay extra for Elite Rit tomes as opposed to Elite Mesmer tomes, since they can both be acquired for the same price. Also, since I've seen most people buying Gold Coins for 10k/ea, I have a feeling that all Elite Tomes will either stick around that price, or drop even lower, since they can also be acquired by farming. |
ZKeys price was set to 4-5k for ages...sure,hom points made an increse of price, but i was there when i start ppl spam:
Wtb zkeys=5.5k
and then another one
Wtb zkeys=5.6k
and then
Wtb zkeys=5.8k ecc untill reach Wtb zkeys=1e
There are ppl that simply dont care to spent money and overprice things, for compete with other ppl they increase price,then other ppl increase price to compete with others ecc and the price of thing go out of controll.
Just to let you know i sold my first Envoy Sword for 340e (can provvide screenshots if you want)...Tbh wasnt my intention to sell it because i really wanted to keep it,but if someone offere me 3x times what i paid then LOL...i sold it..
You are right,i said it in 3 posts, price can drop and Gold Coins can drop for sure but ppl still selling and buying Elite rit tomes for that price so unfortunately price is set to 12k...ahh and to let you know: ppl dont care about Rit Elite tomes price,otherwise gold coins were selled for 12/13k..but as we can see in GTOB,they are sold for 2e or more / each.
So in this point of view my analysis fail too,because ppl set the price they want in base of what ppl pay.
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| Also, since I've seen most people buying Gold Coins for 10k/ea, I have a feeling that all Elite Tomes will either stick around that price, or drop even lower, since they can also be acquired by farming. |
I personally spend 1.5e/each.
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| Zkey prices survived the Xunlai Tournament House being open for over a year, where even the dullest of PvE players could randomly pick GvG and HB teams and come out with 30-50 ZKey's/month, and if you had a particularly lucky month, you could get 80-100+. All for free, just by signing up at guildwars.com. I think the 5-6k ZKey price is here to stay, especially since the Zrank title will always have an emote, and people are always willing to pay top dollar for that. HA guilds used to accept real money to play your account and get you to R9 just so you could have the tiger emote, and people lined up for that service. |
With Imperial faction system, when you play JQ or Fort Aspenwood:
*You get Balth factions when you kill stuffs
*And you get Imperial points that you can convert in balthazar factions
Thats mean a lot of Balthazar faction per Run,so easier to get keys.
And dont forgot new Strongboxes,you can get Keys from them or you can get flames of balthazar to gain balthazar factions and convert them for keys.
Well,a lot of ways to make ZKeys now.
All i wrote by the way IS JUST MY OPINION
Martin Alvito
ZKey prices put a hard floor under the price of ZCoins for obvious reasons. The time-limited availability of ZCoins means that ZKey prices will dictate ZCoin prices, and not the reverse.
The price of all Elite Tomes will eventually fall to that floor or lower. The increase in the supply of desired Elite Rit Tomes is going to start putting pressure on that price in a hurry.
ZCoins trade at a somewhat inflated price right now due to limited supply. As others have noted, it's not as though players were stockpiling them. As players start holding and trading them, and as they adjust their behavior to take into account the increased value of a ZCoin, the price will fall.
Remember that the presence of speculators means that the fall is likely to be both sudden and rapid. Don't assume that ZCoins will hold their value forever just because they hold their value this week. Once speculators get an unambiguous signal that the price is falling, they will all tend to start pricing aggressively, which causes the crash. (The behavior is individually rational but disastrous for the group, but it is unavoidable because the speculators cannot effectively coordinate their actions for a host of reasons.)
Anyone that claims that they can predict exactly where the price will land is lying. The final price will be determined by the value players place upon the new Envoy weapons, as well as whether ANet decides to allow those items to drop elsewhere. The existence of the greens with the same skins is going to tend to depress prices.
My guess would be that the argument that Gold ZCoins will eventually trade for a modest premium above ZKey prices will probably be proven correct.
The price of all Elite Tomes will eventually fall to that floor or lower. The increase in the supply of desired Elite Rit Tomes is going to start putting pressure on that price in a hurry.
ZCoins trade at a somewhat inflated price right now due to limited supply. As others have noted, it's not as though players were stockpiling them. As players start holding and trading them, and as they adjust their behavior to take into account the increased value of a ZCoin, the price will fall.
Remember that the presence of speculators means that the fall is likely to be both sudden and rapid. Don't assume that ZCoins will hold their value forever just because they hold their value this week. Once speculators get an unambiguous signal that the price is falling, they will all tend to start pricing aggressively, which causes the crash. (The behavior is individually rational but disastrous for the group, but it is unavoidable because the speculators cannot effectively coordinate their actions for a host of reasons.)
Anyone that claims that they can predict exactly where the price will land is lying. The final price will be determined by the value players place upon the new Envoy weapons, as well as whether ANet decides to allow those items to drop elsewhere. The existence of the greens with the same skins is going to tend to depress prices.
My guess would be that the argument that Gold ZCoins will eventually trade for a modest premium above ZKey prices will probably be proven correct.
LordDragon
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Originally Posted by Martin Alvito
Once speculators get an unambiguous signal that the price is falling, they will all tend to start pricing aggressively, which causes the crash. (The behavior is individually rational but disastrous for the group, but it is unavoidable because the speculators cannot effectively coordinate their actions for a host of reasons.).
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Most of the crash was caused by people trying to get anything at all back on their initial investment. Even a loss was preferable to getting nothing.
Martin Alvito
That's not the only example in history, but it's one of the better ones.
The dynamics are simple and they are as you lay them out. This is why the "biggest fool" theory of investing has power. ("I am a fool for paying this, but there exists a bigger fool that will pay more," which works until the music stops on the game of musical chairs.)
The more widespread the panic, the uglier it gets, because of the difficulty that owners have in coordinating their actions. It would be much easier for three players owning all of the rare pets in GW to act as a cartel and monitor each other's behavior than it would be for 300 players, or 3,000.
Panics tend to result when individual, small investors hold a sizable proportion of the total available investment, both because of this issue and because small investors tend to be the last population to join a given investment pool.
The dynamics are simple and they are as you lay them out. This is why the "biggest fool" theory of investing has power. ("I am a fool for paying this, but there exists a bigger fool that will pay more," which works until the music stops on the game of musical chairs.)
The more widespread the panic, the uglier it gets, because of the difficulty that owners have in coordinating their actions. It would be much easier for three players owning all of the rare pets in GW to act as a cartel and monitor each other's behavior than it would be for 300 players, or 3,000.
Panics tend to result when individual, small investors hold a sizable proportion of the total available investment, both because of this issue and because small investors tend to be the last population to join a given investment pool.
Mordiego
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Originally Posted by jimbo32
...they should've made the daily PvE zquests repeatable...
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Verene
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Originally Posted by Mcsnake85
Well, i must agree here, but i cant bet on it.
With Imperial faction system, when you play JQ or Fort Aspenwood: *You get Balth factions when you kill stuffs *And you get Imperial points that you can convert in balthazar factions Thats mean a lot of Balthazar faction per Run,so easier to get keys. And dont forgot new Strongboxes,you can get Keys from them or you can get flames of balthazar to gain balthazar factions and convert them for keys. Well,a lot of ways to make ZKeys now. All i wrote by the way IS JUST MY OPINION |
Mcsnake85
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Originally Posted by Verene
I'm not convinced Imperial Faction is going to have that much of an impact. If you win in JQ, you get 4k Imperial Faction, plus whatever you made during the match. Imperial Faction converts to Balth at a rate of 3 IF for 1 Balth. You'll still need to win a few matches to have enough for a single key.
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PPL startin farm a lot of them.
Prices are dropping just now from 6.5/7k to 5/5.5k.
We cant say nothing about what can happen in future,but im sure that IMP.Faction have an important role in zkeys price.
melissa b
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Originally Posted by Mcsnake85
True,but its another way to get Balt.Faction and dont forgot that strongboxes can give you Balt.Flames that give 1000-3000 easy faction.
PPL startin farm a lot of them. Prices are dropping just now from 6.5/7k to 5/5.5k. We cant say nothing about what can happen in future,but im sure that IMP.Faction have an important role in zkeys price. |
SmilingPolitely
Any idea why people are falling over themselves to buy silver zCoins @ 2k/ea? At that rate, it makes absolutely no sense to convert to gold zCoins, as silver are far, far more profitable.
melissa b
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Originally Posted by SmilingPolitely
Any idea why people are falling over themselves to buy silver zCoins @ 2k/ea? At that rate, it makes absolutely no sense to convert to gold zCoins, as silver are far, far more profitable.
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Im in SPAMADAN
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Originally Posted by SmilingPolitely
Any idea why people are falling over themselves to buy silver zCoins @ 2k/ea? At that rate, it makes absolutely no sense to convert to gold zCoins, as silver are far, far more profitable.
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an ex, for those who don't understand what I mean
elite kurz armor in PvP costs 40 Silver Coins, tolkhano WILL NOT accept 4gold coins as an alternative, hench why silver coins will have this higher price.
tummlykins
Rit tomes will never determine the value of coins. Supply and demand. Z Coins are used for a wide variety of things and thus there is a decent demand for them. Rit tomes are almost exclusively used once per account, at which point you don't need it any more. The demand for rit tomes will be very small compared with 20 slot bags or even Envoy Weapons.
I don't think Z Coins will be a major form of currency, most of the things you can get with them can be obtained much more efficiently via other methods. Z Keys are much easier to get through balth faction, let alone imperial faction. Tomes are easily farmed in PvE (although convenience of having a merchant might win out here). That mostly just leaves the bags and a handful of flavour of the month weapons. The exclusivity of Z Coin rewards will mean they will have decent value (for the bags alone) but beyond that, they are just so inefficiently grindy to obtain in comparison to every other single form of currency in the game (on par with War Supplies).
I don't think Z Coins will be a major form of currency, most of the things you can get with them can be obtained much more efficiently via other methods. Z Keys are much easier to get through balth faction, let alone imperial faction. Tomes are easily farmed in PvE (although convenience of having a merchant might win out here). That mostly just leaves the bags and a handful of flavour of the month weapons. The exclusivity of Z Coin rewards will mean they will have decent value (for the bags alone) but beyond that, they are just so inefficiently grindy to obtain in comparison to every other single form of currency in the game (on par with War Supplies).
Kanyatta
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Originally Posted by Mcsnake85
True,but its another way to get Balt.Faction and dont forgot that strongboxes can give you Balt.Flames that give 1000-3000 easy faction.
PPL startin farm a lot of them. Prices are dropping just now from 6.5/7k to 5/5.5k. We cant say nothing about what can happen in future,but im sure that IMP.Faction have an important role in zkeys price. |
Like I said earlier, I personally don't think Imperial Faction or Strongboxes will have a noticeable impact on the Zkey market ever. Like someone said before, I. Faction converts to Balth at a rate of 3:1, and you can only get 5 Keys out of a Strongbox if you are extremely lucky. You're far more likely to get just 1. Even if you win an entire AT, you'll probably to only net between 0 and 7 more Zkeys than normal. Strongboxes and Imp Faction are a small drop in the bucket.
An entire year of having Strongboxes and Imperial Faction will probably have as much impact on the Zkey market as having the Xunlai Tournament House open for one month did. After Guild Wars 2 comes out for a while, I'm sure we'll see a huge decline in Zkey prices, but at that point, who cares? Until then, I feel that the Zkey price will remain static around 6k/ea. Although it could possibly go as low as 5k/ea before the year 2012. But I don't think it will.
Urcscumug
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Originally Posted by Im in SPAMADAN
elite kurz armor in PvP costs 40 Silver Coins, tolkhano WILL NOT accept 4gold coins as an alternative, hench why silver coins will have this higher price.
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Mcsnake85
You guys overestimate ppl's IQ..
On First day of this update i sold an Envoy Sword for 340e...the day after it dropped in price for 200e and it is still 200e and i dont think it raise again.
I sold that sword because ppl dont want wait for price drop,and they buy for any price.
This reason caused Zkeys to raise as well,not the only one reason but:
1*
PPL dont care about money in this game (Do they Care?i think no) and they spend a lot of money on what they like.
2*
There is competion among ppl to get a certain item,so when someone offer 5k,another one offer 5.1k. If this appens only one time for a limited amount of items its not a problem,but if its happen for a long period and for a lot of items all ppl want sell for that price and all other sellers sell for that price.
This is the only reason why zkeys were 7k....HoM points was just an excuse...
Price will drop for sure,but we cant say it for sure,when there are ppl that dont care about money and buy things overpriced its hard to make things drop.
Btw Silver Coins dont drop lower than 1k for sure since you can buy 1 lockpick with 1 of them.
On First day of this update i sold an Envoy Sword for 340e...the day after it dropped in price for 200e and it is still 200e and i dont think it raise again.
I sold that sword because ppl dont want wait for price drop,and they buy for any price.
This reason caused Zkeys to raise as well,not the only one reason but:
1*
PPL dont care about money in this game (Do they Care?i think no) and they spend a lot of money on what they like.
2*
There is competion among ppl to get a certain item,so when someone offer 5k,another one offer 5.1k. If this appens only one time for a limited amount of items its not a problem,but if its happen for a long period and for a lot of items all ppl want sell for that price and all other sellers sell for that price.
This is the only reason why zkeys were 7k....HoM points was just an excuse...
Price will drop for sure,but we cant say it for sure,when there are ppl that dont care about money and buy things overpriced its hard to make things drop.
Btw Silver Coins dont drop lower than 1k for sure since you can buy 1 lockpick with 1 of them.
Im in SPAMADAN
The main question of argue is here..
Some argue that RIT Elite Tomes WILL DETERMINE Gold Zcoin Price
while others argue..
that Gold ZCoin WILL DETERMINE RIT Elite Tomes price
both could be right... i personally think option 2 cause gold zcoins are the mainstream trading use
Some argue that RIT Elite Tomes WILL DETERMINE Gold Zcoin Price
while others argue..
that Gold ZCoin WILL DETERMINE RIT Elite Tomes price
both could be right... i personally think option 2 cause gold zcoins are the mainstream trading use