Did everyone dump their crafting materials last week?

Ishmel

Ascalonian Squire

Join Date: Apr 2011

I've been trying to keep tabs on the crafting material and rune prices to make a better profit (gods know i need the gold). In one week the price of feathers and dust have gone down 50% and the price of energy and health runes have dropped noticably too.

I blame last weeks Nicholas location for the drop in feather prices (i think alot of people got reminded there's a feather farm nearby), but what on earth triggered the price dump on piles of dust?

From previous events it's been my experience that the price on runes goes up, with people returning from their hiatus from the game, but this CNY weekend it seems everyone and their mother logged on and farmed the living daylights out of everything?

Does anyone have a viable theory for the price drop?

LoveToBe

Frost Gate Guardian

Join Date: Sep 2011

Chi

A/

People thougt they could farm the CNY quest Fire in the sky (?) that requires 10 dust to complete, therefore they got bought in heaps and tons.


This is what i've heard, and yes i've noticed feather stacks going from 10k to 1e e.a aswell


EDIT: GW_Poster, you have a point haven't thougt about it like that

gw_poster

gw_poster

Desert Nomad

Join Date: Jan 2007

so cal

R/

i was thinking the opposite -- lots of people who normally speed clear were sitting on rings or doing something afk, hence not using cons and therefore a higher inventory of cons than normal. So high supply (and low demand) = lower prices. Since it takes feathers and dust to make cons and less people were using cons, thereby requiring less dust/feathers, they were traded less so the traders had higher supply equaling lower prices.

I had a gym teacher for economics so forgive me if I'm wrong. Plus, I tend to buy airline stocks, so go figure.

EDIT: and about the rune prices, probably lower for the same afk reasoning...less people actually playing or creating new characters/upgrading heros for playing so higher inventory (supply) and lower demand of runes = lower prices.

akelarumi

akelarumi

Wilds Pathfinder

Join Date: Nov 2009

E/

I agree to gw-poster, but would like to add a lot of people only attend to the festivals, and so might have used it to clear their chest of rubish. prolly a mixture of all things

cosyfiep

cosyfiep

are we there yet?

Join Date: Dec 2005

in a land far far away

guild? I am supposed to have a guild?

Rt/

yes, with the influx of 'holiday' players...the prices for materials and such tends to change--sometimes for the good, sometimes for the bad.
Give it a week...it will be back to 'normal' again.

Swingline

Swingline

Forge Runner

Join Date: Sep 2010

Somewhere far away from you

The Mirror of Reason[SNOW]

W/

I was hoping for ectos to go down quite a bit because of people selling them for 9 rings money. Didn't really make that big of an impact...

Pervatorian

Ascalonian Squire

Join Date: Jul 2011

Green Street Hooligans

A/

Could be alot of people were selling all there materials to get that little bit of gold needed to buy another stack of tokens.

Spiritz

Forge Runner

Join Date: Apr 2007

DMFC

Most events certain things either skyrocket or plummet .
UW/Fow gets less players than normal which then reduces the amount of consets needed ( means less feathers needed ).
Players on 9 rings will start to sell their ectos as they need more cash for tickets - this then drops ecto prices.
And feather prices usually fluxes between 8 and 10k as a normal rule and often most events dont even affect the prices.
Tho tbh im a bit mystified over ectos - i swear at start of last week they were around 10k npc.
Also if feathers and dust went down by 50% i must have missed it - anyone else seen 5k a stack of feathers ( unsure about dust ) as they were around 10k and 50% of that means 5k price drop .

MithranArkanere

MithranArkanere

Underworld Spelunker

Join Date: Nov 2006

wikipedia.org/wiki/Vigo

Heraldos de la Llama Oscura [HLO]

E/

People sold stuff to get cash for the lucky rings.

They also got some red dyes from quests.

There's not much about it.

nuclear_herring

nuclear_herring

Krytan Explorer

Join Date: Jun 2007

New Zealand

Impus Jaenellus (Imp)

R/Mo

Quote:
Originally Posted by Swingline View Post
I was hoping for ectos to go down quite a bit...
Yeah, so was I. Price dropped a bit but no great shakes except for 1 guy in GTOB who was spamming WTS ecto 6350g each (15e / 100k) I queried it with him and when he insisted I bit his arm off and bought all he had.
I think he must have been drunk or high and thought he was selling zkeys or something.

enter_the_zone

Jungle Guide

Join Date: Nov 2007

R/

Quote:
Originally Posted by nuclear_herring View Post
Yeah, so was I. Price dropped a bit but no great shakes except for 1 guy in GTOB who was spamming WTS ecto 6350g each (15e / 100k) I queried it with him and when he insisted I bit his arm off and bought all he had.
I think he must have been drunk or high and thought he was selling zkeys or something.
Wow, he so should have merched those.... both faster and paid better :P

Gabs88

Desert Nomad

Join Date: Jan 2011

Quote:
Originally Posted by Swingline View Post
I was hoping for ectos to go down quite a bit because of people selling them for 9 rings money. Didn't really make that big of an impact...
Yeah, nothing even close to how it was last year.