Ecto at an all time low, and still dropping

Alleji

Alleji

Forge Runner

Join Date: Jan 2006

I don't really like this price drop since I'm sitting on 60 ecto in storage, but I guess it would go back up eventually. Meanwhile I'll try to stock up on some more.

Symeon

Symeon

Forge Runner

Join Date: Jul 2005

I'm sitting in anticipation for the Guild Wars 'Merchant Street Crash' that everyone was thinking was about to happen two or so months ago. But the prices re-stablilised back then...the selling of ectos and buying of rubies and sapphires decreased. It seems a lot of people bought their rubies/sapphires, but became uncertain and so sold them as they were getting fairly high. Now...one month before Factions...here comes the ecto crash! As people see prices dropping they'll panic sell so as not to lose all that ecto money nearly completely. I hope the crash will happen this time, I want to see ectos finally leave the market after being almost a currency for the rich for so long.

zoozoc

zoozoc

Krytan Explorer

Join Date: May 2005

Beaverton/OR

Disciples of Birkler [BIR]

shesh you guys are all pesimists, how do you know ectos are getting cheaper? maybe gold is simply more valuable? Have you ever thought of it that way? Maybe worth of gold has gone up.

MSecorsky

MSecorsky

Furnace Stoker

Join Date: Jun 2005

So Cal

The Sinister Vanguard

Me/

Quote:
Originally Posted by zoozoc
shesh you guys are all pesimists, how do you know ectos are getting cheaper? maybe gold is simply more valuable? Have you ever thought of it that way? Maybe worth of gold has gone up.

It's simple. Ectos are no longer the item of choice (with shards) to purchase the armor people want. Therefore, people dump ectos for the gold to take into factions and go nuts with.

Loviatar

Underworld Spelunker

Join Date: Feb 2005

Quote:
Originally Posted by zoozoc
shesh you guys are all pesimists, how do you know ectos are getting cheaper? maybe gold is simply more valuable? Have you ever thought of it that way? Maybe worth of gold has gone up.

sorry to pop your bubble on this.

check out common / rare crafting materials and compare the ecto slide to them.

if gold were more valuable there would be an across the board drop in prices.

David Lionmaster

Frost Gate Guardian

Join Date: Jul 2005

above the floor and below the celing

Fortunes Favored

Quote:
Originally Posted by Fantomvz
Did you even read what I just post?
You can call other name all you want, if that makes you feel better.
But who are trying to convince yourself or me?

Without a value argument you just proved more that I am right.

GW is a game, each has its value, and so what is wrong of making money of something that has value.

Also as I said before, most farmers are from U.S. and Korean…etc, as result most ebay seller and buyer are from U.S. as well. Also remember whithout buyer, there will be no seller.
I think he is right, you are a chinese farmer. I tried to read what you wrote, but your posts are just unreadable. I have no idea what you were saying, except something about guild wars being old??? Also, what are you trying to say in the part that I bolded??

Argen

Frost Gate Guardian

Join Date: Dec 2005

Shadow Nation [SN]

Alright, well, to the original poster... the prices of ectos have been sliding for a bit now. I think that the main reasons are market uncertainty, with Factions, and the new glut of 55 point farmers in UW.

Fist_of_God

Fist_of_God

Desert Nomad

Join Date: Aug 2005

Mo/W

Quote:
Originally Posted by Alleji
I don't really like this price drop since I'm sitting on 60 ecto in storage, but I guess it would go back up eventually. Meanwhile I'll try to stock up on some more.
60 ecto isn't that bad. u only lose about 175-250k if they never go up again.