What's Up with ECTO Price Plunge?

twicky_kid

twicky_kid

Furnace Stoker

Join Date: Jun 2005

Quite Vulgar [FUN]

Quote:
Originally Posted by lg5000
That leads to the question of how many people spent endless hours farming and how many opted for ebay money to get fissure, or held hoh (which, apparently, can make you rich?)

Is it a sign that you're a good player? Hardly.
Holding halls drops 3 sigils and some Rare items. Usually max stats and rare skins.

HoH can make you very rich but only the skilled.

FoW armor is pointless when the 15k armor looks much better. I just laugh at the fools who complain about it. This isn't a game to be grinded on for 3 months to get some stupid armor that is nothing more than a different skin.

Eet GnomeSmasher

Banned

Join Date: Apr 2005

In my head

Quote:
Originally Posted by onilink
I think you might have missed my point. I am not disgustingly rich, I just know that I and many other people have spent a lot of time and effort to get our fissure armor, and it would be rather dissapointing to see someone who's hardly been playing for very long wearing the same armor that it took us hundreds of hours to earn. A game that offers very high-level rewards for extended play and then cheapens that reward once you've earned it does not seem very fun to me.
While I understand how frustrating it would be to spend all those hours to get your FOW armor only to have the same armor to be a lot cheaper later on, I can't say that I'd feel any pain for you. Not trying to sound mean or anything...

But when you're buying something whose price is based on market supply and demand and which is always fluctuating, you can't really boycott or call it unfair when prices change. I mean what if the opposite occurred? What if you had purchased your armor when it was very cheap and later on prices went up? Should ANET revoke your armor then?

The point is that you don't have a choice but to accept any price fluctuations. It's pretty silly that you'd threaten a boycott since you know full well that prices always change. I mean you COULD have held out until later to get your armor but you chose to buy it immediately. That's the price you pay.

Effendi Westland

Effendi Westland

Wilds Pathfinder

Join Date: Dec 2005

Isle of the dead

[DVDF][LDS]

P/W

Quote:
Originally Posted by Eet GnomeSmasher
While I understand how frustrating it would be to spend all those hours to get your FOW armor only to have the same armor to be a lot cheaper later on, I can't say that I'd feel any pain for you. Not trying to sound mean or anything...

But when you're buying something whose price is based on market supply and demand and which is always fluctuating, you can't really boycott or call it unfair when prices change. I mean what if the opposite occurred? What if you had purchased your armor when it was very cheap and later on prices went up? Should ANET revoke your armor then?

The point is that you don't have a choice but to accept any price fluctuations. It's pretty silly that you'd threaten a boycott since you know full well that prices always change. I mean you COULD have held out until later to get your armor but you chose to buy it immediately. That's the price you pay.
Basically what i meant, but alot more refined

Avarre

Avarre

Bubblegum Patrol

Join Date: Dec 2005

Singapore Armed Forces

Quote:
Originally Posted by twicky_kid
This isn't a game to be grinded on for 3 months to get some stupid armor that is nothing more than a different skin.
So now you judge what others find to be fun? I never had to grind to get FoW armor (or at least, I never considered it grinding), and if it takes 3 months... well... heh.

You say 15k is 'much better looking'? You say FoW armor is just 'stupid'? Quit spouting your trollish opinions, and provide some actual reference for them.

onilink

onilink

Wilds Pathfinder

Join Date: Aug 2005

Consortium of Evil Monkeys

E/

It was very late for me when I wrote my first post, and looking back I see that my choice of words was not completely adequate. I completely understand price fluctuation, and have absolutely no problem with it. I was merely referring to the earlier post about prices dropping to under 500g an ecto, a circumstance I would be very surprised to find the guild wars community in without interferrence from Anet (ie, a trader reset).

Gildor Took

Krytan Explorer

Join Date: Jun 2005

Australia, 3rd rock from the sun

Mo/

There's a rumour circling around that the new armour MIGHT require Ectos and Rubies/Sapphires

You heard it first here

SilentAssassin

SilentAssassin

Wilds Pathfinder

Join Date: Dec 2005

Belgium

Remnants of Ascalon, KT alliance

R/N

I don't go for rumours.

Katch

Krytan Explorer

Join Date: Sep 2005

willing to bet ecto prices will go back up to around the 10-12k mark once chapter 2 is out. Just hold on to them, they're not gonna go any lower.

Rayne Nightfyre

Rayne Nightfyre

Wilds Pathfinder

Join Date: Dec 2005

Acolytes of Lyssa [AL]

Me/A

Quote:
Originally Posted by twicky_kid
FoW armor is pointless when the 15k armor looks much better. I just laugh at the fools who complain about it. This isn't a game to be grinded on for 3 months to get some stupid armor that is nothing more than a different skin.
I agree. Although it's quite an accomplishment to have everyone in town saying "ooh look she has Fissure armor o.O... she must be rich," is it really worth it? I feel that many(not all) 15k sets look better than Fissure. 15k Rogue's baby

koneko

Site Contributor

Join Date: Sep 2005

38??16′ N 140??52′ E

Mo/Me

Quote:
Originally Posted by twicky_kid
FoW armor is pointless when the 15k armor looks much better. I just laugh at the fools who complain about it. This isn't a game to be grinded on for 3 months to get some stupid armor that is nothing more than a different skin.
Fissure monk armor > 15k monk armor

I "grinded" for less than two weeks and got my set. (Then again, I got lucky and Victo's Bulwark dropped for me early on and I sold it for 100k+20 ectos. Whee.)

Ju_Smurph

Ju_Smurph

Frost Gate Guardian

Join Date: Jun 2005

In a house

[TaB]

Me/N

Quote:
Originally Posted by koneko
Fissure monk armor > 15k monk armor

I "grinded" for less than two weeks and got my set. (Then again, I got lucky and Victo's Bulwark dropped for me early on and I sold it for 100k+20 ectos. Whee.)
Yeah that helps... I don't have that sort of luck though... Ectos will have worth, Gaile has said it, though i think out of all the things to stock pile, they are pretty much lame so i have heard it along time ago :P Just don't really care for it.

Bosco

Academy Page

Join Date: Jul 2005

Mo/W

You know, Anet would make TONS of people very unhappy by making ectos worth nothing. Therefore, they will not do this. I'm hoarding mine because I'm betting they'll go up after ch. 2 comes out. If not, wtf? I can still get another set of FoW armor.

Also, what the hell is with Shards? They're stable at ~4/3.5 or so. I can remember back to when I got Fissure Armor and they were the same back then, and that was 7 months ago! Why are they not bowing to the almighty god of speculation?

BTW, Gaile Gray stated that FoW armor will continue to be a very expensive/valuable item after the Ch. 2. I take this to mean that they will attempt to reinvigorate the ecto/shard.

Also, I've noticed monstrous fangs are starting to drop more... Got a couple in tombs recently - first I've had since... I dunno - May?

Cobalt

Krytan Explorer

Join Date: Aug 2005

Mo/W

I saw 120 ectos on Ebay going for $199.00 US!

So they must still be worth plenty.

SilentAssassin

SilentAssassin

Wilds Pathfinder

Join Date: Dec 2005

Belgium

Remnants of Ascalon, KT alliance

R/N

200 dollars for 120 ectos?

omg, and ppl buy this stuff? What a strange world lol

fiery

fiery

Banned

Join Date: Oct 2005

maryland

InYurFace Gaming [IYF]

R/

ebayers, ick.

Razorian

Ascalonian Squire

Join Date: Feb 2006

I think FoW armor looks really cool. But its not hard to get....its just time consuming to get - there is a difference. Fow is not "hard" - lol. Personally, when I see someone with FoW armor I usually tell them "nice armor" because I think its cool looking but I do not make assumptions about their skill level because lets be honest - if I wanted I could get FoW armor anytime I wanted - its called Ebay. While I personally refuse to pay for fake money with real money, the fact is that plenty of people have done it and you never really know who.

Short story long, FoW armor looks cool to me (some of it anyway) and I'd like to get a set someday.....but it has zero relation to player skill level.

Cherno

Forge Runner

Join Date: Jan 2006

Stars of Destiny

E/

I don't know if they cranked up the drop rate on ectos or we just really lucky.

Last night during a tomb raid within the first two maps 5 ectos dropped. 2 for the same person.

Earlier I had gone to UW and 2 dropped.

Then after tombs went back to underworld and 3 dropped.

I wound up with 4 ecto drops yesterday and a Saphire. I've never seen that much drop in such a short time before.

Peewee

Peewee

Krytan Explorer

Join Date: Nov 2005

London, England

I Uprising I [RAGE]

R/

hmm, i knew it would happen eventually. Many people simply dont want FoW armour, too expensive, and may be obsolete come factions. Thats why ecto price is going down. Shards have stayed relatively constant, mainly becuase they have always been lower, and have not suddenly become more easily obtainable.

Rubys and Sapphires on the other hand have been steadily rising in price recently, by as much as 100%. they used to vary between 3-4k, now they got from 6-7k. The reason is, as some people have pointed out, is that they dont actually do anything. yet. The yet is the important bit. In a article on Gamespot about factions (some time ago i think) it mentions that development staff have to find a use for rubys and sapphires equal to the worth collectors have given them. If they are simply left as such, essentially massive depression will occur, with rubys and sapphires worth nothing. Its important to remember that currency is simple a token, a voucher if you will. Like gold, rubys and sapphires are subject to inflation, and deflation. If ANET massively devalue the rubys and sapphires, many peoples wealth will be serverely diminished. Personally, i have been collecting rubys for some time now, hoping to make a profit. At the moment i have made a 2k profit on every ruby/sapphire i own. The question is now, will ruby and sapphire prices go up further, stabalise, or crash in the near future. Its all about playing the exchange rates, buying low, selling high, and making a profit.

It will be interesting to see if rubys and sapphires are worth over 10k when factions eventually comes. Of course, relative to gold is imposible to say, as gold may be worth more/less come factions, depending on how easiliy it is obtainable.

All in all, like real life economy, GW economy is confusing, and all messed up. Personally i am going to put all my chips down, and hope that rubys and sapphires are ot undervalued. It could be the case that i am better to sell them now, then continue bying them, but it is the risk i run, Ectos, i would advise that you keep them, and dont sell them quite yet. There price continues to fall, and i would not be surprised that their worth rockets again come factions, when people realise that they are still required, and/or that factions armour is not all its cracked up to be.

Tijger

Wilds Pathfinder

Join Date: Sep 2005

Mo/E

Quote:
Originally Posted by Peewee

Posted a nice theory...
Why would Anet care one bit if ppl are silly enough to spend fortunes on what basically are worthless items? If tomorrow players start hoarding monstrous eyes or claws and they become very valuable do you really beleive Anet would change the game so they did anything?

I'd say it would be the ultimate goldsink and I'll laugh for a week if rubies and sapphires turn out to be equally useless in Ch 2 which I highly suspect will be the case

Lord Dobo

Lord Dobo

Frost Gate Guardian

Join Date: Jan 2006

Arizona

The Unseen Hand Of Fate [fate]

E/

Quote:
Originally Posted by Tijger
Why would Anet care one bit if ppl are silly enough to spend fortunes on what basically are worthless items? If tomorrow players start hoarding monstrous eyes or claws and they become very valuable do you really beleive Anet would change the game so they did anything?

I'd say it would be the ultimate goldsink and I'll laugh for a week if rubies and sapphires turn out to be equally useless in Ch 2 which I highly suspect will be the case
I disagree. Anet has to consider goodwill. Sure it's too late to really complain about anything in the game we already paid for, but if they want people to keep buying their products, they need to make sure they don't alienate those likely to pay for it. And who is more invested in a game than someone who plays enough to aquire a fortune in materials? (Other than E-bay scum, but then again, they may just buy the expansions anyway if they are willing to just throw REAL money away on a temporary boost in a game.)

I've done the math, and I've had a total of 900k+, but I've spent every gold coin. I have no investments stashed away (other than candy canes) so I'm not really biased here. I just think it would be silly for them to keep jewels around that do nothing. They call them rare crafting materials after all. Otherwise just make them collector items, like candy cane shards were.

And I was thinking about armors that you would craft in the next game. Part of me wants them to have nicer effects than what you find in this game, but part of me thinks that would be unfair. If someone only had that game, or just buys it first, why should they get all the cool stuff? So I tend to think that things will be different, but equal... in all regards. So they might have stuff we want, and we will have stuff they will want. So a balance might be maintained.

And I bet, to get people to buy both products, they need to have stuff that you need both games for (like the quests they already mentioned.) An example is the jewels that maybe you have to get in this game and have to use in that one. And maybe they will have stuff that you can only find there to use at a crafter here? Part of me thinks that they haven't thought that through though... sigh... so who knows really...

TheOnlyAznKid

TheOnlyAznKid

Pre-Searing Cadet

Join Date: Feb 2006

Heavens Descendants

People Are Just Slown Down On Buyn So They Have Cash For GW:Factions

onilink

onilink

Wilds Pathfinder

Join Date: Aug 2005

Consortium of Evil Monkeys

E/

Quote:
Originally Posted by Lord Dobo
I disagree. Anet has to consider goodwill. Sure it's too late to really complain about anything in the game we already paid for, but if they want people to keep buying their products, they need to make sure they don't alienate those likely to pay for it. And who is more invested in a game than someone who plays enough to aquire a fortune in materials?
Adding to that, it is likely that the players with vast amounts of wealth are also Anet's best customers, as they are the ones who buy two, even three accounts to store their gold. Alienating such players by essentially making their time and effort worthless would not be a smart move by the company.

Fates

Wilds Pathfinder

Join Date: Jul 2005

Kanuckistan

Mirror of Reason [SNOW]

R/

With 6 new sets of armor coming for primary classes, you gotta know that some of these are going to be high end. While it is certainly possible that A-net will also introduce totally new crafting materials for these armors, it is also very likely that they will take advantage of some crafting materials in the game that are currently not used. It's not to hard to figure out what that will be.

I'm banking on it in fact, have 210 rubies and 210 saphire.

Mentalmdc

Mentalmdc

Lion's Arch Merchant

Join Date: Aug 2005

Vile Of Faith [NOVA]

Mo/Me

They should really put these gold hoarders in their place and create a Canthan only currency so you have to start collecting again. Perhaps with the steep exchange rates and costs so that there is a way for those with too much money to buy some Canthan stuff. Would put everyone on an equal footing again.

nathan_frd

nathan_frd

Ascalonian Squire

Join Date: Jan 2006

knights of the black soul

W/Mo

y deosent everyone stop selling ectos like ,erm a ecto boycott then the demand wiil be high and ppl will buy from traders and prices will fly high.
also i like the idea of rubys and saphires cheers for the hint and anyways what is so special about FOW armour anyway it deos the same thing as normal armou right?

Lord Dobo

Lord Dobo

Frost Gate Guardian

Join Date: Jan 2006

Arizona

The Unseen Hand Of Fate [fate]

E/

The only thing special about FoW armor is that if you have it, you won't be running into too many clones of yourself. That's it. If you've been playing a long time, you need something to still look forward to.

generik

Desert Nomad

Join Date: Jun 2005

Quote:
Originally Posted by Bosco
You know, Anet would make TONS of people very unhappy by making ectos worth nothing. Therefore, they will not do this. I'm hoarding mine because I'm betting they'll go up after ch. 2 comes out. If not, wtf? I can still get another set of FoW armor.
The same way they did with runes when they introduced the rune traders? Or weapon mods when greens are introduced?

Oh yeah, nice try.

Anet has zero quelms about pissing off the entire GW population, snap that delusion right now.

Eclair

Desert Nomad

Join Date: Apr 2005

Quote:
Originally Posted by generik
The same way they did with runes when they introduced the rune traders? Or weapon mods when greens are introduced?

Oh yeah, nice try.

Anet has zero quelms about pissing off the entire GW population, snap that delusion right now.
I agree, not to mention you have to remember that MOST players who play guild wars are NOT the people who have millions of gold to spend on investment and speculation.

Eet GnomeSmasher

Banned

Join Date: Apr 2005

In my head

Oh yes, ANET purposely pisses off it's customers on purpose...just to spite them. Come on people, those things that you mentioned were done to make the game better and it worked for the most part.

generik

Desert Nomad

Join Date: Jun 2005

Quote:
Originally Posted by Lord Dobo
And I was thinking about armors that you would craft in the next game. Part of me wants them to have nicer effects than what you find in this game, but part of me thinks that would be unfair. If someone only had that game, or just buys it first, why should they get all the cool stuff? So I tend to think that things will be different, but equal... in all regards. So they might have stuff we want, and we will have stuff they will want. So a balance might be maintained.
Boohoo, I bought a Sades 10 years ago when my business was blooming and I was rich, but today I'm a 50 year old temp at McDonalds flipping burgers and my formerly glorious Mercedes is now a old junker!

It's so unfair, Mercedes should have gone out of business the moment I bought mine! Why is it that those of us who bought it 10 years ago now have to drive luxury cars that no longer compare to the current lines?

It's the same analogy.

You worked for it, you got it, you got your gleaming time in the spotlight. Come chapter 2, it is also time for you to move on and get the new luxury armor, or risk looking lame.

generik

Desert Nomad

Join Date: Jun 2005

Quote:
Originally Posted by Eclair
I agree, not to mention you have to remember that MOST players who play guild wars are NOT the people who have millions of gold to spend on investment and speculation.
Indeed, if anything it will at best piss off a tiny percentage of the game population. In fact I'd say to Anet, not only should you guys NOT give ectos, shards, rubies, and sapphires any use at all in chapter 2, but remove them from the Canthan traders altogether; outright deny any acknowledgement of their existence.

We will see many "formerly rich" who used to show off their stacks of ect0 watch their wealth dwindle into nothing

Lord Dobo

Lord Dobo

Frost Gate Guardian

Join Date: Jan 2006

Arizona

The Unseen Hand Of Fate [fate]

E/

I'm not defending the rich, or the poor, I'm just trying to point out that the game has always been touted as a balanced game. I'm trying to point out that to maintain that balance, the game will neither be completely better, nor completely worse. I, in the game, have made as much money as I need for the items I want, and am quite content to search out the things I need, because to me the struggle is the fun part. Once I have everything I set my sights on, I move on to the next goal. I niether am poor in the game, nor rich and full of investments. It seems that you, and those like you, are rather bitter over not having the investments yourself. Deny it if you want to, but the pattern is everywhere. Those without, bitch. If they learn to get what they want, they loose sight of what it was like to have nothing. And then there are those who again loose it and feel the need complain and somehow teach everyone a lesson. Pathetic. Boohoo indead.

shmek

shmek

Lion's Arch Merchant

Join Date: Nov 2005

Quote:
Originally Posted by OxoZoso
What's Up with ECTO Price Plunge?

-Oxo-
Same with many things lately. Sup Absorbs? IDS? Supply and demand. (I.E. Burning out)

Also, MANY many people in game seem to readily settle for less and less gold for their items or time (running/farming/etc.). Pretty simple.

Haggard

Haggard

Desert Nomad

Join Date: Dec 2005

Urmston, Manchester, UK

Greener Pastures [DVDF]

W/Rt

UW Duo Farming.

Oh, and B/P tombs farming to some extent.

Thallandor

Thallandor

Desert Nomad

Join Date: May 2005

Singapore

Seers of Serpents [SoS]

R/

Hold on to your ecto/shard til someone releases the FoW Assassin/ritualist(assume ANET updates it) pics would be your best bet :P

If there isnt gonna be a FoW set for them or it uses something else then i truely feel sorry for those that hoard them at 10k+ prices. :S

Cottage Pie

Cottage Pie

Wilds Pathfinder

Join Date: Nov 2005

Birmingham, England

Taking Aegis

Mo/Me

Quote:
Originally Posted by generik
The same way they did with runes when they introduced the rune traders? Or weapon mods when greens are introduced?

Oh yeah, nice try.

Anet has zero quelms about pissing off the entire GW population, snap that delusion right now.

Actually rune traders/greens help balance the game. money SHALL NOT buy you a technical advantage. Live with it :|

Cottage Pie

Cottage Pie

Wilds Pathfinder

Join Date: Nov 2005

Birmingham, England

Taking Aegis

Mo/Me

Quote:
Originally Posted by onilink
I think you might have missed my point. I am not disgustingly rich, I just know that I and many other people have spent a lot of time and effort to get our fissure armor, and it would be rather dissapointing to see someone who's hardly been playing for very long wearing the same armor that it took us hundreds of hours to earn. A game that offers very high-level rewards for extended play and then cheapens that reward once you've earned it does not seem very fun to me.
I agree. um. My FoW armour took me 2 (read: two open/close trade windows - that was it) profitable (only slightly!) trades to get (AND no shards needed, god how cheapo am I?). Really, that makes me even LESS 'worthy' of wearing this armour than even an ebayer or something, lol. Do you think I deserve my armour? or should I salvage it to remain pure.

In the end, it's just a game and whilst I hate to think FoW armour will become popular, I used to have 15k armour, and it was rarer than FoW is now....times change.


FoW deffo brings out the haves/have-nots, where the havers want to keep prices high and the have-nots grasp manically for the prices to come down, Spiting hate at the economy, etc...but oh they'd do anything to be rich (their hate of money is actually their love). it's like this in most games, and causes animosity between fools, especially younger/spoilt brat players.

Dave83

Lion's Arch Merchant

Join Date: Jul 2005

England

SeS

Me/Mo

Quote:
Originally Posted by Cottage Pie
I agree. um. My FoW armour took me 2 (read: two open/close trade windows - that was it) profitable (only slightly!) trades to get (AND no shards needed, god how cheapo am I?). Really, that makes me even LESS 'worthy' of wearing this armour than even an ebayer or something, lol. Do you think I deserve my armour? or should I salvage it to remain pure.
I agree with onilink to an extent. But I would also say that if it took you two trades then you obviously are skilled (or very lucky) being able to come into those two items - either of which is fine.

Englishkid

Ascalonian Squire

Join Date: Jan 2006

Rage Quit Incorperated

N/Mo

The market is going down

Cottage Pie

Cottage Pie

Wilds Pathfinder

Join Date: Nov 2005

Birmingham, England

Taking Aegis

Mo/Me

come on claws, fangs and eyeballs!