After seeing ecto at 16000/12000 (buy/sell) a couple of months ago, it has steadily declined to what I think are record lows yesterday at 7500/5500. What is up with this and the overall economy?
I just can't believe ppl sell them to merchant at such low prices when buyers are always to be found... anyway I guess i'm just rubbed cuz i'm sittin on a pile of ecto that is worth half now what it once was...
-Oxo-
What's Up with ECTO Price Plunge?
OxoZoso
Malchior Devenholm
the new UW entrance at the Tombs of the Primeval Kings is causing some of the plunge...its fairly ez to get a nice number of ectos while farming for the greens at the end...
and NOONE WANTS ECTOS ANYMORE (yeah u heard me) everyone is saving up all the cash they have for ch 2, they dont know if ch 2 will feature FOW like armor or not, so they're not chancing the ectos
and NOONE WANTS ECTOS ANYMORE (yeah u heard me) everyone is saving up all the cash they have for ch 2, they dont know if ch 2 will feature FOW like armor or not, so they're not chancing the ectos
Loviatar
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Originally Posted by OxoZoso
I just can't believe ppl sell them to merchant at such low prices when buyers are always to be found... anyway I guess i'm just rubbed cuz i'm sittin on a pile of ecto that is worth half now what it once was... -Oxo- |
the reason they are selling for 5k now is that in a short time they may be 2.5k (or less)
who wants ectos when the next big thing will be ruby/saphire chapter 2 armor
maybe
sun is in us
Quote:
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Originally Posted by OxoZoso
After seeing ecto at 16000/12000 (buy/sell) a couple of months ago, it has steadily declined to what I think are record lows yesterday at 7500/5500. What is up with this and the overall economy?
I just can't believe ppl sell them to merchant at such low prices when buyers are always to be found... anyway I guess i'm just rubbed cuz i'm sittin on a pile of ecto that is worth half now what it once was... -Oxo- |
Sorry, its 1865..........should have invested last year.
temp
people farm, people farm UW, people make monks and necros too farm with each other, its not hard. Once people catch on prices fall.
i will soon however be using this phrase
"I BUY ALL YOUR ECTO 1k EACH!!" as i DO want chap 1 FoW armour, unless chap 2 cn offer better...i still have nothing to go on
i will soon however be using this phrase
"I BUY ALL YOUR ECTO 1k EACH!!" as i DO want chap 1 FoW armour, unless chap 2 cn offer better...i still have nothing to go on
Teh Azman
Then sell em, you'll still make a ton of gold...
The rich only get greedier >.<
The rich only get greedier >.<
True Eye
BAH! I can't complain with the price dropping for ectos! Hell I can get a FOW armor very easy now after thinking that it's only for "L33T" players and ebayers 3 months ago! Them suckers paid 1,400,00gp for 100 ectos when u can get 100 ectos now for a measly and very awesome price...500k! O yes! Now I gotta come up with 45k more to complete my set! BOOYAA!
eur0b0y69
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Originally Posted by True Eye
BAH! I can't complain with the price dropping for ectos! Hell I can get a FOW armor very easy now after thinking that it's only for "L33T" players and ebayers 3 months ago! Them suckers paid 1,400,00gp for 100 ectos when u can get 100 ectos now for a measly and very awesome price...500k! O yes! Now I gotta come up with 45k more to complete my set! BOOYAA!
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Deathqueen
Lol yeah I knew this would happen, happens in every regular mmorpg. The old stuff becomes cheap and the new stuff becomes expensive. Just hope you are there opening day for Chpt 2, when all the prices for emeralds and diamonds will be 100gp and buy all you can cause if the armor requires them you can bet they will be the new ectos in price. I will continue to be a millionaire lol still wearing my 1500gp suit of armor cause vanity isn't my thing. I will purchase some new weapons for my assassin instead of some silly halloween costume that costs a million plat lol.
Adria Soulseeker
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Originally Posted by Deathqueen
I will continue to be a millionaire lol still wearing my 1500gp suit of armor cause vanity isn't my thing. I will purchase some new weapons for my assassin instead of some silly halloween costume that costs a million plat lol.
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aB-
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Originally Posted by eur0b0y69
I agree, let them go down, wanna get myself FoW armor in the cheap way not the eBay way.
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bebe
sad to say... fow is almost like basic 15k armor already. :|
ever since the economy crash, fow is everywhere T-T
altho, i still want mine :P
ever since the economy crash, fow is everywhere T-T
altho, i still want mine :P
Eet GnomeSmasher
Quote:
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Originally Posted by aB-
I disagree. The FoW armor was supposed to be the end-game goal that was near impossible to get. With the decline in ecto prices, I fear the FoW armor will become as common as the 15k armor.
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And I always get a smile on my face when some greedy hoarder makes a thread in the forum about how he's getting screwed because the items he's been greedily hoarding are now cheaper and easier for the general public to get. It should have been that way in the first place in a game like this....
And what the heck is this economy "crash" people keep screaming about? I heard no crash, not even the sounds of screeching tires. You'd think the amount of times the economy has supposedly crashed we'd have no economy left at all...
Takeko Nakano
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Originally Posted by Loviatar
who wants ectos when the next big thing will be ruby/saphire chapter 2 armor
maybe |
Linsys
Quote:
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Originally Posted by Eet GnomeSmasher
And I always get a smile on my face when some greedy hoarder makes a thread in the forum about how he's getting screwed because the items he's been greedily hoarding are now cheaper and easier for the general public to get. It should have been that way in the first place in a game like this....
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I always love it when someone with no skill complains how hard it is to get something in the game.... FoW armor WAS for highly experienced players...
I will be waiting for your complaints when you are unable to get your new Chap 2 armor because "it's too hard and all the "greedy" players just make it that much harder for me to get my new armor... everyone should be able to get the latest and greatest armor and weapons"... WRONG!
It should NOT be eazy for everyone to have the best armor or weapons... the best should go to the most experienced and those who are dedicated to the game...
WasAGuest
"Don't feed the farmers... uh, I mean animals" 
If you can't gather the goods yourself, why bother getting them? Even with henchies you can easily get enough stuff for the armor... I did anyway.
If you can't gather the goods yourself, why bother getting them? Even with henchies you can easily get enough stuff for the armor... I did anyway.
anonymous
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Originally Posted by Eet GnomeSmasher
Even if your exaggeration were true (which it isnt because no matter how cheap ectos are...FOW armor will always be more expensive and harder to get) What exactly is the problem?
And I always get a smile on my face when some greedy hoarder makes a thread in the forum about how he's getting screwed because the items he's been greedily hoarding are now cheaper and easier for the general public to get. It should have been that way in the first place in a game like this.... And what the heck is this economy "crash" people keep screaming about? I heard no crash, not even the sounds of screeching tires. You'd think the amount of times the economy has supposedly crashed we'd have no economy left at all... |
Eet GnomeSmasher
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Originally Posted by Linsys
I always love it when someone with no skill complains how hard it is to get something in the game.... FoW armor WAS for highly experienced players...
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By the way genius...FoW armor is NOT the "best" armor. But I guess you know that being so "l33t"
anonymous
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Originally Posted by Linsys
I always love it when someone with no skill complains how hard it is to get something in the game.... FoW armor WAS for highly experienced players...
It should NOT be eazy for everyone to have the best armor or weapons... the best should go to the most experienced and those who are dedicated to the game... |
Loviatar
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Originally Posted by anonymous
the crash people are talking about is when the prices reset and you could get 10 ectos for 100g at the trader.
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dont exagerate they were only 1 for 100gold
and sold 1 at a time not 10 at a time
Dave83
Price will go back up imo because yes, ppl want the next chapters new armor - if there be a new set. But at the same time, alot less people will farm UW and new UW because they are gonna be busy farming elsewhere or doing missions/quests in the new area's. So the price should rise again. Plus Anet might nerf ecto drops if they want to keep FoW armor so not everyone is running round with it.
Took me a while to get mine, and yes i am proud of it so I would be a bit cheesed if my 1.5 mill armor went down to 100 - 200k set. So i have to say personally I hope it stays high tbh.
Took me a while to get mine, and yes i am proud of it so I would be a bit cheesed if my 1.5 mill armor went down to 100 - 200k set. So i have to say personally I hope it stays high tbh.
MMSDome
ecto goes down rubies + sapphires go up? Hint.
eur0b0y69
Back in the old days(before the AoE update, that messed up the invinci monks), i have to say it was a little easier to own FoW armor in the honest way and not by eBAying the gold. Now days....i dunno, cant comment on that.
ghostlyranger
i hope they introduce new material to craft the next expensive armor,
but not ruby and sapphire
but not ruby and sapphire
eur0b0y69
Dragon dust, and......fortune cookie crumbles. JUST KIDDING!!!!!!
Linsys
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Originally Posted by anonymous
Well first do you consider experianced players ones that spend alot of hours farming ectos with a build they got off the forums? And second there is no reason that everyone shouldnt be able to get the best weapons. Just go to droknars for the best armor and find a collector for the best weapon.
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fiery
o no stock market crash all over again...great depression.. black friday.. big sales ^^
IlikeGW
What do you expect? Ecto can now drops in a free area. If it stays like that there will be a permanent loss in value. I think it will stay around the 8 k mark instead of 12 k.
Lord Dobo
I think we are all jumping the gun here. The new game has no official release date yet, just Spring 2006. This little event is just a teaser to get us all hot and bothered... and to help pre-orders. They'll use this to gauge how many copies they think they need to make in order to cover demand and not waste money. How this effects us right now is the ecto price drop. Sure it's easier to get, but only by those capable of getting it. Think about how many people you've come across in the game so far who you would never invite into a group again, lol. No, the event will pass, we'll all settle into the wait... and start craving the same things we were craving before our senses were teased. Prices will bounce back a little as people can't wait for the update and start looking for ectos from the very same people who were getting them before. Sure it won't be up as high... but it won't stay this low either.
Course... I could be wrong... lol... I really don't care... heh.
Course... I could be wrong... lol... I really don't care... heh.
The Herbalizer
I could not care less about ectos falling in price all it means in more fow armor sets for me I dumped my ectos a few days before massive price drops as I kind of felt they would be getting lower and lower in price as chapter 2 nears.
My only problem I have with the price drops is people are trying to sell them for what the trader does or in some cases more than the trader. This really really annoys me as it seems people are unwilling to accept their ectos are not worth what they used to be.
An example of this is: -
Me: WTB: 75 Ectos pm price
Random Idiot: 7.5k each sound ok?
Me: No, they are 7k at trader
Random Idiot: Ok, then 7k each
My only problem I have with the price drops is people are trying to sell them for what the trader does or in some cases more than the trader. This really really annoys me as it seems people are unwilling to accept their ectos are not worth what they used to be.
An example of this is: -
Me: WTB: 75 Ectos pm price
Random Idiot: 7.5k each sound ok?
Me: No, they are 7k at trader
Random Idiot: Ok, then 7k each
Takeko Nakano
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Originally Posted by The Herbalizer
My only problem I have with the price drops is people are trying to sell them for what the trader does or in some cases more than the trader. This really really annoys me as it seems people are unwilling to accept their ectos are not worth what they used to be.
An example of this is: - Me: WTB: 75 Ectos pm price Random Idiot: 7.5k each sound ok? Me: No, they are 7k at trader Random Idiot: Ok, then 7k each |
eur0b0y69
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Originally Posted by Takeko Nakano
Lol, think of the poor Chinese farmers
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Deathqueen
Just think about it like this; Ectos part of the word ectoplasm which is some fantasy term for ghostlike/dead things essence. The new armor may not be formed of the same substance and if I were programming a NEW game I certainly wouldn't use the same resources either. Especially if I wanted a robust economy (and to read peoples whines cause they can't affor it haha)
I also might use "some" resources from the origional chapter for a mid level type of armor and then create all NEW RESOURCES for the next ELITE type armor for my 2nd chapter. Now we have two drives in the 2nd chapter, a mid level armor and a million dollar baby type armor.
Then I would make some of the mid level armor look better than the million dollar baby armor (just for the whines of his 250k armor looks better than my million dollar baby armor whaaaaaaa, and I spent good real life $$ on ebay for this stuff whaaaaaa) ahahahaha
One must program the "greed" elements into mmorpgs or even corpgs as this. There must be something that "some" can get and others cannot else there's no real reason to have an economy in the first place. It would be too socialistic if everyone were "equal". GREED and VANITY are the driving forces behind the economy of Guild Wars PVE game. One has, 10,000 others want, thus because one has and 10,000 others want the 10,000 will relentlessly strive, or WHINE to get it. haha But, it's there, has always been there in every mmorpg I've ever played and though they title this a corpg, the elements of mmorpgs are still within it.
When you can break your needs for greed and vanity you can sit back like I do and just laugh at it all. It's quite funny how so many take a silly game so seriously like their lives depended on it. And if Mutt don't have the same as Jeff then Mutt is gonna whine about it. (rolls on floor laughing)
I also might use "some" resources from the origional chapter for a mid level type of armor and then create all NEW RESOURCES for the next ELITE type armor for my 2nd chapter. Now we have two drives in the 2nd chapter, a mid level armor and a million dollar baby type armor.
Then I would make some of the mid level armor look better than the million dollar baby armor (just for the whines of his 250k armor looks better than my million dollar baby armor whaaaaaaa, and I spent good real life $$ on ebay for this stuff whaaaaaa) ahahahaha
One must program the "greed" elements into mmorpgs or even corpgs as this. There must be something that "some" can get and others cannot else there's no real reason to have an economy in the first place. It would be too socialistic if everyone were "equal". GREED and VANITY are the driving forces behind the economy of Guild Wars PVE game. One has, 10,000 others want, thus because one has and 10,000 others want the 10,000 will relentlessly strive, or WHINE to get it. haha But, it's there, has always been there in every mmorpg I've ever played and though they title this a corpg, the elements of mmorpgs are still within it.
When you can break your needs for greed and vanity you can sit back like I do and just laugh at it all. It's quite funny how so many take a silly game so seriously like their lives depended on it. And if Mutt don't have the same as Jeff then Mutt is gonna whine about it. (rolls on floor laughing)
Amok
what?
Orbberius
Deathqueen, that looks like English, but it really isn't.
Ichabod The Ranger
Yeah, they're probably adding new materials. Anet probably wants to totally change everything. I remember when FoW armor only was allowed to those who had over 1.4 mil . They didn't have enough space for their money alone 
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. They didn't have enough space for their money alone .
Lord Dobo
I think it's a little bit of a toss up wether they add new materials. Personally I think they will, but think about two things.
On the no side... This game has gods common to all cultures. Balthazar is Balthazar in Cantha too. So from a story developer's stand point, the gods would share the same realms that they had in Ascalon and Kryta. People sailed to the Crystal Desert to ascend long ago, I doubt the gods changed the Underworld to accommodate their sensibilities.
On the yes side, and the more likely... people who have the game would want to see new stuff, and people who are buying that one first wouldn't know any better. And the thing that will make the most sense... they will put certain things in the game that will require you two travel between BOTH games to build. That way, people who don't have both games will want to buy the other.
And as far as the arguement goes on greed and vanity, I don't believe ANET actually cares. They have said it multiple times now that the game is skill based. They have a level 20 cap because they want you to rise above the others based on your accomplishments. So I believe FoW armor was just put in for a) something to do after you get bored, and b) a cash sink to level out the high ender's money. Think about the fact that there is still little variation in the way we all look. If vanity was important to the developers at all, the would just put in more skins for armor. The skins can't be large files. It would take them no real effort to map a new skin onto the skeletons that already exist.
I think ectos will bounce back a little, but won't be trully restored unless they plan on some cross game pollination, if you will.
On the no side... This game has gods common to all cultures. Balthazar is Balthazar in Cantha too. So from a story developer's stand point, the gods would share the same realms that they had in Ascalon and Kryta. People sailed to the Crystal Desert to ascend long ago, I doubt the gods changed the Underworld to accommodate their sensibilities.
On the yes side, and the more likely... people who have the game would want to see new stuff, and people who are buying that one first wouldn't know any better. And the thing that will make the most sense... they will put certain things in the game that will require you two travel between BOTH games to build. That way, people who don't have both games will want to buy the other.
And as far as the arguement goes on greed and vanity, I don't believe ANET actually cares. They have said it multiple times now that the game is skill based. They have a level 20 cap because they want you to rise above the others based on your accomplishments. So I believe FoW armor was just put in for a) something to do after you get bored, and b) a cash sink to level out the high ender's money. Think about the fact that there is still little variation in the way we all look. If vanity was important to the developers at all, the would just put in more skins for armor. The skins can't be large files. It would take them no real effort to map a new skin onto the skeletons that already exist.
I think ectos will bounce back a little, but won't be trully restored unless they plan on some cross game pollination, if you will.
Tyrent Frath
if rubies/saphires aren't used for the $$$ armor in chapter two...im gonna have a pretty nice laugh at the people who bought my precious gems for 5-7k each ^_^
Symeon
Since I really never got into ecto collecting and I don't really feel like getting any rubies and sapphires, I'm hoping (amusement-wise) for a big *BANG...OUCH!*, either when it is announced rubies and sapphires won't be for armour (or for jewellery/in town clothes for that matter), or when the game comes and people realise it for themselves. Still, I guess if you wanted to and had the money you could buy yourself a reasonable number of rubies and sapphires, but not too much. A reasonable amount. This would mean if they did have a use for your character's looks, you would have a head start and had bought them when they were cheaper. Or you could try to get ahead on info and quickly sell them for a good amount before the price crash kicks in, as everyone becomes informed of what you got informed of an hour or so earlier
But then, I think its about 75/100 that people's anticipations about rubies and sapphires are true, and 25/100 that they aren't.
Whatever, it's all quite exciting - I could imagine Tyrian newspaper headlines, 'Panic selling of ectos as anticipation of coming ruby and sapphire armour value rises' Dudladudladun. 'Hundreds of collectors distraught on Lions Arch streets as ectoplasms soar off the market'. The great depression.
And then, the second depression 'Rubies and sapphires will not have armour value, say officials in Lions Arch', 'Prices of rubies and sapphires drop by over a half in just two hours', 'Thousands go on riot in Lions Arch as rubies and sapphires are thrown away by merchants', 'Rubies and sapphires to be used in Guild Hall upgrade purchases', 'Another wave of ruby and sapphire purchasing', 'A look back at the the economic depressions of recent months, special report by Magi Malaquire', 'Dragon Dust - the next armour essence','Thousands stock up on Glittering Dust after announcements that new Dragon Dust will be made from it', 'Glittering Dust price reaches 10,000 gold a pile'...uhm...that will be it for creativity.
But then, I think its about 75/100 that people's anticipations about rubies and sapphires are true, and 25/100 that they aren't.
Whatever, it's all quite exciting - I could imagine Tyrian newspaper headlines, 'Panic selling of ectos as anticipation of coming ruby and sapphire armour value rises' Dudladudladun. 'Hundreds of collectors distraught on Lions Arch streets as ectoplasms soar off the market'. The great depression.
And then, the second depression 'Rubies and sapphires will not have armour value, say officials in Lions Arch', 'Prices of rubies and sapphires drop by over a half in just two hours', 'Thousands go on riot in Lions Arch as rubies and sapphires are thrown away by merchants', 'Rubies and sapphires to be used in Guild Hall upgrade purchases', 'Another wave of ruby and sapphire purchasing', 'A look back at the the economic depressions of recent months, special report by Magi Malaquire', 'Dragon Dust - the next armour essence','Thousands stock up on Glittering Dust after announcements that new Dragon Dust will be made from it', 'Glittering Dust price reaches 10,000 gold a pile'...uhm...that will be it for creativity.
Symeon
Sorry for the double post, but:
[IMG][/IMG]
I could swear I saw sapphires at 9k at the trader this morning, rubies at 8.5k, and ectos at 7.5k. Now they're in that order, 7.5, 7.5 and 8.(picture above). Can anyone from the European servers back me up on this or was that my eyes playing tricks on me? And if its true...does this mean people are starting to sell their rubies and sapphires for profit, and that their fall in price gave ectos a nudge up or something? Feel free to slap me if what I thought I saw was not what it was at all.
EDIT: Ok just after I posted that I looked back on the game, and sapphires have just gone up to 8k in that short amount of time.
[IMG][/IMG]
I could swear I saw sapphires at 9k at the trader this morning, rubies at 8.5k, and ectos at 7.5k. Now they're in that order, 7.5, 7.5 and 8.(picture above). Can anyone from the European servers back me up on this or was that my eyes playing tricks on me? And if its true...does this mean people are starting to sell their rubies and sapphires for profit, and that their fall in price gave ectos a nudge up or something? Feel free to slap me if what I thought I saw was not what it was at all.
EDIT: Ok just after I posted that I looked back on the game, and sapphires have just gone up to 8k in that short amount of time.