Happy to join the 1 million gold club - Guild Wars Guru archive powered by Guild Wars Legacy

Manic Smile

Desert Nomad

Join Date: Dec 2005

Hawaii

----- 15^50[Rare] ---- Alliance: ----- [SMS] -----

15 Feb 2006 at 00:55 - 41

Quote:

Originally Posted by Fist_of_God

..the value would drop( now they are high, but with an increased drop rate it will plummet). However, I do not think they will increase the drop rate of ecto, which would keep the value of ecto more stable in the future.

They are at ~6k because of speculation solely...they would not drop if they had a use.

Fist_of_God

Desert Nomad

Join Date: Aug 2005

Mo/W

15 Feb 2006 at 01:15 - 42

Quote:

Originally Posted by Manic Smile

They are at ~6k because of speculation solely...they would not drop if they had a use.

Using that type of logic does not work. Ectos have a use and they have steadily decreased until now. Try again. I would also like to know how many hundreds of sapphs and rubies you have farmed in 1 month time. I can say that even after the nerfs I was able to farm 100 ecto in a 3 week period, soloing underworld, post-patch and only playing 2-3 hours day.

For these gems to be a significant part of high end future armor, they would have to increase the drop rate..in which case their value would depreciate even more. The only reason the value of these gems keeps going up at trader, is because many people are buying them at the trader.

Tsunami Rain

mmmmmmmm pie.

Join Date: Aug 2005

Honolulu, Hawaii

Favorable Winds [Gust]

Mo/

15 Feb 2006 at 01:36 - 43

can i join the 50k club

Manic Smile

Desert Nomad

Join Date: Dec 2005

Hawaii

----- 15^50[Rare] ---- Alliance: ----- [SMS] -----

15 Feb 2006 at 01:44 - 44

Quote:

Originally Posted by Fist_of_God

Using that type of logic does not work. Ectos have a use and they have steadily decreased until now. Try again. I would also like to know how many hundreds of sapphs and rubies you have farmed in 1 month time. I can say that even after the nerfs I was able to farm 100 ecto in a 3 week period, soloing underworld, post-patch and only playing 2-3 hours day.

For these gems to be a significant part of high end future armor, they would have to increase the drop rate..in which case their value would depreciate even more. The only reason the value of these gems keeps going up at trader, is because many people are buying them at the trader.

My GOD! 6.5k it's horrible and you just said ecto/shard drop > ruby/saphire, not the mention the current ecto trend is mostly due to new tombs

so if there is armor that requires rubies/saphs and they are less available...they will cost more

your assumption the drops have to increase has no basis in fact and you notice the effect yet ignore the cause of the current ruby/saph trend

people are buying ruby/sahp now because they believe they will be used and cost more later

master_ranger_matt

Lion's Arch Merchant

Join Date: Nov 2005

Salt Lake City, Utah.... no im not mormon

Radicals Against Tyrants [RAT]

R/Me

15 Feb 2006 at 01:46 - 45

sweet, must have taken a while. I got to the 400k club, but I spent it all and deleted one of the characters with some sweet stuff on it so im broke...I'm going to farm my butt of this weekend and try to at least get past the 100k point.

brybry

Lion's Arch Merchant

Join Date: Sep 2005

Mo/Me

15 Feb 2006 at 01:53 - 46

can i join the "i used up all my money on 15k armor, so now i have nothing but matrials left" club?

Age

Hall Hero

Join Date: Jul 2005

California Canada/BC

STG Administrator

Mo/

15 Feb 2006 at 01:58 - 47

How do you ppl do it I farm for hours and can never get around 100k?I realy envy ppl like this.I don't even have this much in my first accout what is the secret I know solo but you can only do that so long?What I wouldn't do even 500k.anyway Congrats maybe you millionairs could spread it around.

Racthoh

Did I hear 7 heroes?

Join Date: May 2005

Scars Meadows [SMS], Guild Leader (Not Recruiting)

15 Feb 2006 at 04:51 - 48

Quote:

Originally Posted by Fist_of_God

and if they did increase the drop rate of gems..the value would drop( now they are high, but with an increased drop rate it will plummet). However, I do not think they will increase the drop rate of ecto, which would keep the value of ecto more stable in the future.

Well the thing is that I think Ruby and Sapphire will become big. The fact that they have a 250 value as opposed to every other rare material which only have 100. Possibly also the reason why they don't drop as often.

Kook~NBK~

Grotto Attendant

Join Date: Mar 2005

A little chalet outside Drok's

Natural Born Killaz

15 Feb 2006 at 04:54 - 49

It's not just farming. It's knowing what to do with the loot you get. There's still a huge market for crafting materials, as tons of people are still buying armor. Just a bit of imagination & knowledge about what people will pay for certian things (collectors items that trade for high-end collectors weapons/armor, for example). One thing I do is expert salvage all armor drops.

Fist_of_God

Desert Nomad

Join Date: Aug 2005

Mo/W

15 Feb 2006 at 14:53 - 50

Quote:

Originally Posted by Manic Smile

My GOD! 6.5k it's horrible and you just said ecto/shard drop > ruby/saphire, not the mention the current ecto trend is mostly due to new tombs

so if there is armor that requires rubies/saphs and they are less available...they will cost more

your assumption the drops have to increase has no basis in fact and you notice the effect yet ignore the cause of the current ruby/saph trend

people are buying ruby/sahp now because they believe they will be used and cost more later

MY assumption is only this, if A-net is going to offer a type of armor which requires gems to be crafted with the other materials, I believe they will increase the drop rate of these gems. Consequently, by increasing the drop rate or preparing an area(like uw ectos) for these gems, they will indeed drop in price. The idea of gems being used for future high end armor comes from the interpolation of people talking to Gaile and then thinking gems will be used for high end armor in chapter 2.

That is the only reason gems have sky-rocketed in value, before that conversation, I never remember seeing them above 3-4k, although its not like I even cared at that point to keep track. I would get the occasional gem on a solo run and just merchant it without a second thought. Then as more scuttlebutt was spread about new high end armor in chapter 2, people started buying them from the trader..and here we are now at their current respective prices.

I can't imagine A-net making ecto drops like gem drops, and then expecting us to cough up 100 ecto/when ectos only drop 1-2 a piece for a farmer over a period of months. It is very easy to farm 100 ecto in 3 weeks, yet in all my hours of farming I could come up with 20 gems that I farmed myself.

So, we can agree to disagree, because that seems to be all thats happening here. If ecto dropped like gems fow armor would cost millions not a clean mil, and I for one do not expect A-net to give us high end armor which requires gems, without increasing the drop rate or area for this specific material, just like ectos.

A-net gave us high end armor which requires ectos and shards, if A-net is going to give us armor which requires these 2 gems, I believe it is a safe assumption they will increase the drop rate or give us an area just like they did with ectos. A-net didn't give us low drop rates on ectos and shards for FOW armor, and I believe they will be consistent with gems if they are needed.

Fist_of_God

Desert Nomad

Join Date: Aug 2005

Mo/W

15 Feb 2006 at 14:56 - 51

Quote:

Originally Posted by Racthoh

Well the thing is that I think Ruby and Sapphire will become big. The fact that they have a 250 value as opposed to every other rare material which only have 100. Possibly also the reason why they don't drop as often.

Thats an excellent point and I agree to a certain extent, but if A-net is going to ask me for 125 gems for high end armor, its safe to say they are going to make it viable for me to get these in the game, just like with ecto.

Tarkin

Jungle Guide

Join Date: Dec 2005

W/N

15 Feb 2006 at 15:06 - 52

Quote:

Originally Posted by Fist_of_God

Thats an excellent point and I agree to a certain extent, but if A-net is going to ask me for 125 gems for high end armor, its safe to say they are going to make it viable for me to get these in the game, just like with ecto.

Agree!

LokiCai

Lion's Arch Merchant

Join Date: Oct 2005

N/Mo

20 Feb 2006 at 06:32 - 53

Well, Thanks Guys for your posting. I really love this game and enjoy a lot playing it. I have met ppl in missions, quests and farming groups. To my surprise, absolutely majority of the ppl playing GW are smart, fun and polite. I have been farming SF, new UW and FOW for almost 2 months now, and to my luck, I have found lots of precious greens in the farming and sell them in Guru auction (best place to sell your high priced items). Well, what's the point of showing off if no one feels jealous about your good fortune, OK. So, let's cross our fingers and hope that A-net will come up something more amazingly in the future.

gotenks

Lion's Arch Merchant

Join Date: Jul 2005

None

W/R

20 Feb 2006 at 17:18 - 54

Quote:

Originally Posted by Manic Smile

My GOD! 6.5k it's horrible and you just said ecto/shard drop > ruby/saphire, not the mention the current ecto trend is mostly due to new tombs

so if there is armor that requires rubies/saphs and they are less available...they will cost more

your assumption the drops have to increase has no basis in fact and you notice the effect yet ignore the cause of the current ruby/saph trend

people are buying ruby/sahp now because they believe they will be used and cost more later

Quote:

Originally Posted by Fist_of_God

MY assumption is only this, if A-net is going to offer a type of armor which requires gems to be crafted with the other materials, I believe they will increase the drop rate of these gems. Consequently, by increasing the drop rate or preparing an area(like uw ectos) for these gems, they will indeed drop in price. The idea of gems being used for future high end armor comes from the interpolation of people talking to Gaile and then thinking gems will be used for high end armor in chapter 2.

That is the only reason gems have sky-rocketed in value, before that conversation, I never remember seeing them above 3-4k, although its not like I even cared at that point to keep track. I would get the occasional gem on a solo run and just merchant it without a second thought. Then as more scuttlebutt was spread about new high end armor in chapter 2, people started buying them from the trader..and here we are now at their current respective prices.

I can't imagine A-net making ecto drops like gem drops, and then expecting us to cough up 100 ecto/when ectos only drop 1-2 a piece for a farmer over a period of months. It is very easy to farm 100 ecto in 3 weeks, yet in all my hours of farming I could come up with 20 gems that I farmed myself.

So, we can agree to disagree, because that seems to be all thats happening here. If ecto dropped like gems fow armor would cost millions not a clean mil, and I for one do not expect A-net to give us high end armor which requires gems, without increasing the drop rate or area for this specific material, just like ectos.

A-net gave us high end armor which requires ectos and shards, if A-net is going to give us armor which requires these 2 gems, I believe it is a safe assumption they will increase the drop rate or give us an area just like they did with ectos. A-net didn't give us low drop rates on ectos and shards for FOW armor, and I believe they will be consistent with gems if they are needed.

I think both of you got it right. If you just want to store up your wealth over 1.4 million gold per account, ectos are your best friends. But if you are actually trying to play the raw material market, gems are your best bet along with the monstor stuff. Fist_of_god rightly pointed out that the drop rates will need adjusting if gems are going to be used in new armor. That will lead to a gradual decrease in their price, but what Manic said also holds true because of 2 reasons :

1. As soon as people learn of the material requirements of the elite armor in Factions they will spend all their savings on it (I am talking about people who have played prophecies), either for making future profits or going for the new armor and geting the bragging rights

. If this happens to be gems, then barring a price reset people who havem stocked up will make a fortune out of it.

2. People who are extremely rich and have stocked up ectos and also have full cash on their accounts(multiple accounts in some case) this includes you fist

, would then start thinking about swtching the bulk of their wealth from ectos to XX, and there is a good chance that XX would be gems (Although I hope its not as I dont have any

)

This possiblity of a spike in gem prices that might be created if they had a use in Factions, prompts all the comments of storing wealth in gems.

Tarkin

Jungle Guide

Join Date: Dec 2005

W/N

20 Feb 2006 at 23:23 - 55

The best things in life are free
But you can keep it for the birds and bees.
Now gimme money (that's what I want)
That's what I want (that's what I want)
That's what I want, ye-ye-yeh,
That's what I want.

Money don't get everything it's true.
What it don't get I can't use.
So gimme money (that's what I want)
A little money (that's what I want)
That's what I want, ye-ye-yeh,
That's what I want.

Yeh gimme money (that's what I want)
A little money (that's what I want)
That's what I want (that's what I want)
So gimme money (that's what I want)
That's what I want, ye-ye-yeh,
That's what I want.

Your lovin' give me a thrill
But your lovin' don't pay my bill.
Now gimme money (that's what I want)
That's what I want (that's what I want)
That's what I want, ye-ye-yeh,
That's what I want.

Money don't get everything it's true.
What it don't get I can't use.
So gimme money (that's what I want)
A little money (that's what I want)
That's what I want, ye-ye-yeh,
That's what I want.

Yeh gimme money (that's what I want)
A little money (that's what I want)
That's what I want (that's what I want)
So gimme money (that's what I want)
That's what I want, ye-ye-yeh,
That's what I want.

monk muffle

Frost Gate Guardian

Join Date: Oct 2005

W/Mo

21 Feb 2006 at 05:38 - 56

buy out all ectos form traers and watch prices inflate thats a good laugh

edit: also whenever i happen to go to the random arenas and i see someone wearing FoW i say why are u so dumb? and when u kill them you cant help but blurt out "Was the effing armor worth it now!!!"

frugel09

Pre-Searing Cadet

Join Date: Feb 2006

New York

Crwnage Crew

E/Mo

21 Feb 2006 at 07:29 - 57

Congrats! I must say i don't think i could ever get to that much gold. Nice Job

Tainek

Wilds Pathfinder

Join Date: Dec 2005

[Rage]

21 Feb 2006 at 07:50 - 58

Quote:

Originally Posted by monk muffle

buy out all ectos form traers and watch prices inflate thats a good laugh

edit: also whenever i happen to go to the random arenas and i see someone wearing FoW i say why are u so dumb? and when u kill them you cant help but blurt out "Was the effing armor worth it now!!!"

whats wrong with wearing FOW in the RA

flexibility

Ascalonian Squire

Join Date: Dec 2005

Singapore

The Gathering Of Souls o_0

E/W

21 Feb 2006 at 15:54 - 59

someone tell me... how do you get to 1million in say.... 1 month?

Murder In China

Banned

Join Date: Sep 2005

/B/Chan

Looking for one

W/

21 Feb 2006 at 16:43 - 60

Another millionare, not much to congrats about since many people are in the club already.

Katch

Krytan Explorer

Join Date: Sep 2005

21 Feb 2006 at 17:58 - 61

Quote:

Originally Posted by flexibility

someone tell me... how do you get to 1million in say.... 1 month?

Build a 55hp SB Monk or SS/SV Necro and farm Ecto in the UW - Sell good gold weapons from the UW Chests at high prices - Learn to test rather than ID and sell crap Golds UNid'd also at high prices.

Do that and you'll make a million in a lot less than a month. I pull in around 20 ecto a session + golds.

Flesh of Satan

Ascalonian Squire

Join Date: Nov 2005

none

22 Feb 2006 at 11:31 - 62

i wouldn't post a brag about the fact u know how to use Ebay

kvndoom

Forge Runner

Join Date: Jul 2005

Communistwealth of Virginia

Uninstalled

W/Mo

22 Feb 2006 at 11:43 - 63

Congrats, it's a worthy milestone if you earned it. I have 900k in storage and about 50k on each of my 3 toons, trying not to max out completely. But I also have assets with value like 130 Bleached Shells, around 400 dyes, etc. I couldn't care less about flashy armor with the exact same stats as the Droknar's I have on all 3 of my characters. Function over form any day. Hopefully Factions will have something that is better and doesn't just look different from the equipment in Prophecies. Otherwise, I'll just keep my gold and maybe Chapter 3 will give me a reason to spend it.

Cador

Lion's Arch Merchant

Join Date: Dec 2005

Relax Its Just A [GAME]

R/E

22 Feb 2006 at 13:03 - 64

Everyones talking about investing in runes and whatnot etc etc. I think that it would be best to buy some perfect gold weapons like i mean for each char and DO not customize them, upon doing this im saying roughly 2 per char and only get like sundering and fort or something and enchanting caus eu can always sell them for a lot then simply buy 10 rubies 10 sapps and 10 shards u should still have 500-300k enough to dilly dally in factions

or you can go to ascalon find my character and give her o 40-500k but thats only ifu really want to.

In terms of FoW armor unless u know u can make 700k back fairly quickly dont buy it or farm ur own materials for the armor. i personally love nec fow armor but meh thats just me it seems

Katch

Krytan Explorer

Join Date: Sep 2005

22 Feb 2006 at 13:25 - 65

Quote:

Originally Posted by Flesh of Satan

i wouldn't post a brag about the fact u know how to use Ebay

This is obviously a trollbot please ignore. Do not feed the trolls!

kvndoom

Forge Runner

Join Date: Jul 2005

Communistwealth of Virginia

Uninstalled

W/Mo

22 Feb 2006 at 13:52 - 66

I wouldn't invest in runes. The rune economy hangs on the balance of one spell- Protective Spirit. When the AOE nerf hit, superior monk runes halved in price almost overnight. Now they're about a third the cost of what they once were. If PS gets nerfed (or the -50 Idol gets removed) so that 55HP builds can't work anymore, the rune market will nosedive and anyone who stockpiled superiors will lose their own ass and half their mother's. The only thing in the economy that hasn't fluctuated yet is Bleached Shells. 1k apiece, all day every day, and no shortage of customers. Black Dye has fallen, ectos have fallen, Superior Absoption and Vigor have fallen, only a few weapon skins have any lasting value. Investing in Rare materials is risky too, because if they turn out not to be used in Chapter 2, the prices will tank on them. Personally, I'm just going to keep my gold and buy what I want / need as I please. Never forget that Wall Street has put people in the poorhouse as well as the penthouse.

XtrmEend

Krytan Explorer

Join Date: May 2005

Netherlands

Searching

Mo/N

22 Feb 2006 at 13:52 - 67

Only 475k to go

quickmonty

Ancient Windbreaker

Join Date: May 2005

22 Feb 2006 at 14:01 - 68

Only about half a mil in cash, but I spend on vanity armor, runes, certain weapons and mods, and I give a lot to guild mates. Guess I'd be maxed out if I saved every gold coin instead of spending. Always more where that came from.

Maxiemonster

There is no spoon.

Join Date: Jun 2005

Netherlands

Mo/

22 Feb 2006 at 16:02 - 69

There's absolutly nothing to invest to. The only things that'll continue to raise in price are nerfed items (HOD Axe, HOD Sword, 15%FFS, -20 Axe, 20/20 Rockmolder, +X% unconditional Damage mods), and if you're willing to take a 300K+ Gold risk on these items (since they might get permanently removed some day). What prices aren't falling?

Every item without a rare skin, Ectos, Shards, Runes, they're all going down quickly, and I doubt this will ever change.

The investing day are over, you don't simply stack 250 Ectos, since it's absolutly stupid, especially with big amounts, you're actually slowly losing gold just by investing in Ectos or anything else that's dropping in price.

CoRrRan

Academy Page

Join Date: Jun 2005

ZH, Netherlands

Sour Patch Kids [sP]

Me/

22 Feb 2006 at 16:10 - 70

Quote:

Originally Posted by kvndoom

Congrats, it's a worthy milestone if you earned it. I have 900k in storage and about 50k on each of my 3 toons, trying not to max out completely. But I also have assets with value like 130 Bleached Shells, around 400 dyes, etc. I couldn't care less about flashy armor with the exact same stats as the Droknar's I have on all 3 of my characters. Function over form any day. Hopefully Factions will have something that is better and doesn't just look different from the equipment in Prophecies. Otherwise, I'll just keep my gold and maybe Chapter 3 will give me a reason to spend it.

Better armor for a lot of money equals unbalance in the game, therefor this will never happen. Don't keep you're hopes up.

The only thing the new chapters will provide is armor with (perhaps) balanced new stats or a different look. After all, all the armor that costs more than Droknar's Forge armor is a moneydrain.

Welcome to the club LokiCai, although my membership has expired after I bought my FoW armor.

VitisVinifera

Banned

Join Date: Nov 2005

Northern California

HoTR

N/Me

23 Feb 2006 at 03:34 - 71

Congrats. I hit the 1 mill last weekend, and I'm at the point where I have to figure out what I'm going to do with it.

But my choice as made well before I hit it: I am collecting one of every green there is. A poster a page ago said he did this with 82, but by my count there are 86 different greens, 87 if you want the 20/20 Rockmolder. I'm at 69, with only Bortak staff and bone cesta costing more than 40k of those remaining. At some point I'm going to have to stop green farming and just by the remainders.

I collect greens because, with Factions and all the new skills available, some of these might become much more valuable as new builds arrive. Such as Gordac gear now.

If greens isn't your speed, I'd just say stock ectos n shards, to be one of the first to be running around with 15k gear on your new Assassin or Ritualist. I wouldn't bother stockpiling common crafting items as you can buy them any time cheaper than the traders, often just a hair above what you get for selling them back to the traders.

As for rubies, sapphires, and monstrous crafting materials......it's all just speculation at this point. I will neither buy nor sell what I've found.

Falcon213

Academy Page

Join Date: Feb 2006

23 Feb 2006 at 08:24 - 72

My favorite way to spend cash is to use black dye on my pvp chars, then delete them anywhere between a few hours to a week later.

fiery

Banned

Join Date: Oct 2005

maryland

InYurFace Gaming [IYF]

R/

20 Apr 2006 at 00:15 - 73

, Finnally got my PVE goal done.

junit

Lion's Arch Merchant

Join Date: Jan 2006

D/

20 Apr 2006 at 00:22 - 74

Quote:

Originally Posted by Maxiemonster

What should you do with your money? Why ask us, there's alot to buy, but it's your own money.

Something else you should do though, is stop bragging. You just made this thread because you wanted to show everyone that you've got 1 million money, and that's lame.

word to maxie

Jas D

Krytan Explorer

Join Date: Feb 2006

Oklahoma, USA

None

20 Apr 2006 at 02:51 - 75

Whooptiedoo & ZOMG.

Haggard

Desert Nomad

Join Date: Dec 2005

Urmston, Manchester, UK

Greener Pastures [DVDF]

W/Rt

20 Apr 2006 at 06:22 - 76

Quote:

Originally Posted by Eldin

get mass ale...

jackie

/retired

Join Date: Dec 2005

On the Beach

20 Apr 2006 at 08:52 - 77

I keep stacking ectos,shards,dyes & whatever there is (not worrying about if prices go down someday) and bought my gf a FoW armor for her mesmer and helped her to get FoW armours for her Ele & Monk.

Helping someone is a good way to 'invest' your money

Matsumi

Jungle Guide

Join Date: Mar 2006

20 Apr 2006 at 08:53 - 78

congrats on the mil, YAY!

Now what?

tobash

Ascalonian Squire

Join Date: Oct 2005

R/

20 Apr 2006 at 13:51 - 79

Quote:

Originally Posted by fiery

, Finnally got my PVE goal done.

This reminds me of a guild member who had a full set of obsidian armour and 5 sets of 15k armour and still used minor and major vigors.

When i asked him why he spent so much money on armour which gave no advantage other than aesthics and didn't buy at least a sup vigor on his obsidian armour he replyed " but it costs 55k " so much vanity.

Anyway congrats on getting a million in storage, just hope you spend some like i always do since it's a pile of numbers, might as well turn them into shiny items

fiery

Banned

Join Date: Oct 2005

maryland

InYurFace Gaming [IYF]

R/

20 Apr 2006 at 14:01 - 80

I really don't know what to do, my other goal was to get the fow druid armor for my ranger, just that one piece not the whole set. Not really a big spender and goes for expensive perfect items and whole set of fow. So lets see.