Will Ectos Drop Value when Factions is release Im Scared. o.o;'

Ichigo Yamato

Ascalonian Squire

Join Date: Apr 2006

Home

Nocturnal Dreamers

R/Mo

Ok I was wondering If Ectos will DROP in value when factions comes out because most likely a majority of the players will be playing in Factions. A lot of people have invested there money in Ectos. Or will the opposite happen? Since Supposely not many will be farming as much in toa,tombs,hoh since they all are to busy playing factions will ecto prices go UP?

1 More Question - Is it Wise to Buy Sapphires and Rubies Now Since there Cheap? Like stack on them before they jack up in price when factions comes out?

What Should I Do with my Ectos?
1 - Sell All of them
2 - Keep all of them
3 - Convert to Cash
4 - Convert to Cash and Buy Rubies and Saphires

Sereng Amaranth

Sereng Amaranth

Desert Nomad

Join Date: Jun 2005

The Amazon Basin [AB]

Keep them.
Reason?
Assassin and Ritualist Obsidian Armor.

Ichigo Yamato

Ascalonian Squire

Join Date: Apr 2006

Home

Nocturnal Dreamers

R/Mo

oh so Ectos are still in play in factions? Someone told me they arent im so confused @_@ exactly whut materials are needed for factions armor?

Pillz_veritas

Krytan Explorer

Join Date: Jun 2005

Fun Loving Gamers

R/Mo

I would honestly get rid of them as fast as possible... The Cantha FoW armor equivlent doesnt use them as Gaile said

demon dantes

demon dantes

Krytan Explorer

Join Date: Feb 2006

ny

Iyanden Wraithguard

Mo/Me

well the first response says it all obsidian ar lol would make u beleive obby shards if they say they r gunna have ecto armor then id save them but the prices have been dropping at a rapid rate id use the for a high end item or sell for cash

Jedimagician

Jedimagician

Wilds Pathfinder

Join Date: Mar 2006

i wouldnt buy rubies and saphires incase you dont need them in factions.

Kidney Licker

Kidney Licker

Wilds Pathfinder

Join Date: Aug 2005

Europe Server

My vote is to hold onto them (the ectos). It doesn't make sense for them not to have a use in Factions. If A.Net keep rolling out Chapters there needs to be some sense of consistency among them, otherwise they'll lose players. Continually rolling out new materials and devaluing previously valuable materials doesn't make any sense to me.

Even though FOW armour may not have a use for them, I'm kinda hoping they have another use, eg a FOW Weapon Smith that requires ectos and shards to forge weapons.

Ichigo Yamato

Ascalonian Squire

Join Date: Apr 2006

Home

Nocturnal Dreamers

R/Mo

This is just my thought on gems,ecto and shards.
We all know chapter 2 can be a stand alone game. Meaning you do not have to have Prophecies. Therefor if any armor or items require these materials, Factions will have it's own areas where they drop. This also means if they are used in Factions and a person already has Prophecies they will have more areas to farm these materials. (more areas = price drop)
I honestly can't see them using ectos and shards in chapter 2, for the very reason I just stated. Also what better way to level the playing field again. Change the rare materials then take what they have learned about farming from the 1st and apply it to future chapters.

Just a thought

some guy said that at gameamp.com in one of the forums does it make sense?
Wouldnt Ecto be less desired since new FOW is available and cause a price drop anyways?

VGJustice

VGJustice

Desert Nomad

Join Date: Jul 2005

Tyria, cappin' ur bosses

Boston Guild [BG]

R/W

Ichigo Yamato, it's simply too hard to say. They could go wildly in either direction. It's all really just speculation and guess work until Factions is released.

My personal feelings on the matter is to keep the ectos. There's a chance that the value will go up, due to new players on Prophecies and the potential of Factions armor needing the materials (unlikely).

Dralspire

Retired

Join Date: Apr 2005

You have stated the respective reasons why the price of ecto may go up or down. There is no reliable way to anticipate the direction the price will take, especially as we do not know whether existing drop rates may be modified to accommodate market shifts. On that note, if you consider using ectoplasm, keep it. If you do not plan to use it an have space in your gold holdings, liquidate.

Buying rubies and sapphires - just like all other investment activities in the game - only makes sense if you actually have gold to invest. Some may argue that even low volume investments are reasonable due to their speculative nature, but I believe that you will not be able to sustain your investment (i.e. be able to wait it out if needed) if you are strapped for gold. Most players that I have seen invest prematurely took losses when they had to liquidate due to urgent gold needs. As such, my advice is to consider investing only if you have gold reserves exceeding 1 million gold (a.k.a. 1,000 platinum) "in cash".

If you are in such a position, diversify. Any items that can be stacked are reasonable investments. I cannot recommend investing all your gold into gems. Rather, invest into gems, ectoplasm, shards, other rare and common materials, dyes.

However, even if you consider investments, keeping an amount of around 900 platinum in gold makes sense so that you have gold available in order to cover short-term needs.

Blaster The Warrior

Blaster The Warrior

Frost Gate Guardian

Join Date: Nov 2005

W/Mo

so i sold all my ecto for nothing ? again i only got cash now.
but i see ecto price go up and down.

lennymon

lennymon

Forge Runner

Join Date: Nov 2005

Seattle

Odin's Hammer [OH] - Servant's of Fortuna [SoF]

R/

If you sold all your ectos for fear of a financial loss, yes its all for nothing. Only the brave and the foolhardy risk, and only the brave go to Valhalla.
Keep em! why WOULDNT assassins and ritualists be able to buy fissure armor with similar crafting material requisites since FoW is IN PROPHESIES not factions campaign?

Witchblade

Witchblade

Polar Bear Attendant

Join Date: May 2005

looks like there wont be Fow sets for assa/ritualist
and also no new crafters in fow ... Gaile said it's done and fine like it is :/
so looks like ecto have a use now for the sets.. and things wont change

ecto is a gold sink, remember, the best gold sink they can do now is hoping ppl will keep em.. ectos wont have a use in factions, if the ecto price drops, that's the best gold sink EVER

Fourex

Ascalonian Squire

Join Date: Mar 2006

Australia

D E S T R O Y E R [CORE]

W/A

I think there will be Fissure armour for Assasins and Ritualists, which will be separate from a rare (eqivalent) Factions armour available to all professions.

I just think why not, because we are able to take Assasins and Ritualists throught Tyria (if we own both chapters). It would be disappointing to get to the Forgemaster and have no selection available.

Hockster

Hockster

Banned

Join Date: Jul 2005

Why wouldn't there be FoW armor for the new classes? Upgrading your Prophecies account with a Factions key allows you to start a new Assassin or Ritualist in Ascalon if you want.

Mega Storm

Mega Storm

Frost Gate Guardian

Join Date: Mar 2006

Iacon City Cybertron

[MEGA] formerly EOE/LUST/LaZy

W/N

Something i've been wondering myself...here's my thoughts. Remember when the merchants were selling runes and materials super cheep? They reset the game because of the effect it would have had on the GW ecconomey. If they would go to such lengths to fix something like that instead of letting people just buy tons of ectos that day, and changing the price, at the merchants, then why would they want to kill off the ecto ecconomey? I just don't see them fixing the problem 1 day and making the ectos worth nothing or dye out later on. I'm keeping them.

Not everyone will buy Factions as stated. Some people will need those ectos for chapter 1 FOW armor and gold storage at the very least even if there is no use for ectos in Factions. But i'm prety sure ectos will have some kind of use other than FOW armor soon.

baz777

baz777

Jungle Guide

Join Date: Dec 2005

South East England

Leader: Lady Hairy Armpits S[mell]

E/

I didn’t have many Ecto’s but converted mine last weekend into 20x black dyes and 10x Sup Vigor

ShadowStorm

ShadowStorm

Wilds Pathfinder

Join Date: May 2005

Take me where I cannot stand.

The Better Part of Valor

W/N

Personally, I think right at the release of Factions, maybe a day or two later, the price of ectos will drop drastically. Like down to 2-4K each. People will realize that Factions has no use for ectos and shards and they'll sell all the ectos they had stockpiled in order to recoup their losses. Then, as time goes on, maybe a couple months down the road, ectos will start to rise in price again. This will be because 50-75% of the Guild Wars population moved on to Factions and stopped pulling ectos out of UW. Just because new armors are available in Factions doesn't mean that FoW armor will suddenly become unwanted. People will slowly start to buy up ectos again to get themselves FoW armor and without the farmers to replenish the supply, the price will start to rise again.

The only thing that will change this forcast is FoW armor for Ritualists and Assassins. If A-Net decides to release these armors when they release Factions, the price of ecto will drop a small amount because Ritualist and Assassin are only 2 classes. If there are only 2 new armor models available through ectos, people will buy up their new FoW armors and then dump the rest of the ectos at the trader. Hence a flood of ectos at the trader and a price drop. Though the drop will be smaller, because some of the ectos will be used up first.

Now if A-Net decides to make FoW armor for Assassins and Ritualists, but not release it with Factions, there will be the predicted huge drop in ecto price like I talked about in the first paragraph. However, when A-Net gets around to releasing the armor, the price will spike up higher than it is now because the lack of farmers supplying ectos will leave the traders empty and people will suddenly have a need for them again. After a couple months of 17-20K ectos, the prices will even out again to about a little lower than they are now. Probably about 4-5K.

So. If you have ectos stockpiled right now, you can sell them all now and take no risk. Or you can wait for Factions and see if they release new FoW armor at the same time, in which case, you'll probably want to hold on to them for a little longer, until everyone has their sets and are done selling their ectos to the trader. That's when the price will start to go up again and you can make a profit. If FoW armor isn't released with Factions, don't worry, A-Net may eventually get around to providing the new FoW armor, just like they eventually got around to updating many of the 15K armor sets at Grotto and Citadel. You'll be able to make your profit eventually, but you'll be poor for quite a while as you watch the price of your assets drop into nothingness.

Hockster

Hockster

Banned

Join Date: Jul 2005

Quote:
Originally Posted by ShadowStorm
People will realize that Factions has no use for ectos and shards
You know this to be a fact?

ShadowStorm

ShadowStorm

Wilds Pathfinder

Join Date: May 2005

Take me where I cannot stand.

The Better Part of Valor

W/N

Quote:
Originally Posted by Hockster
You know this to be a fact?
Just a second, I'll go looking for the Gaile Grey interview in which she says exactly that. I'll edit my post and show you.

Pillz_veritas

Krytan Explorer

Join Date: Jun 2005

Fun Loving Gamers

R/Mo

Quote:
Originally Posted by Hockster
Why wouldn't there be FoW armor for the new classes? Upgrading your Prophecies account with a Factions key allows you to start a new Assassin or Ritualist in Ascalon if you want.
it has been believed that this is indeed not true, that you do not get the ability to make an assassin or ritualist in ascalon....

Hockster

Hockster

Banned

Join Date: Jul 2005

We'll see, but Factions characters will be able to travel to Tyria.

Quote:
Originally Posted by ShadowStorm
Just a second, I'll go looking for the Gaile Grey interview in which she says exactly that. I'll edit my post and show you.
Not everything Gaile has said is exactly true. The game is always eveolving. What was true yesterday may not be tomorrow.

AxeMe

Lion's Arch Merchant

Join Date: Aug 2005

Atlanta

HEX

W/

Here's my thoughts on whether to sell the ectos. Smile, like all financial advice, it should be taken with a grain of salt.

I'd hold them. The price has already dropped considerably. That means much of the risk is already gone.

This advice will be difficult to follow since (1) no one really knows what place ectos will have after Factions and (2) I think ecto prices may slide down more with that release.

But I think the "market" has already discounted the price of ectos based on the fear of what will happen. Worst case, there will be no use at all for ectos in Factions. However, we know that the original game will stay around and - my guess - the number of people playing it will not drop and could even grow. Many of the people who come into the game with Factions may eventually buy the original so that they'll have a complete world for adventuring.

About the only thing we do know now is that there definitely is a use for ectos and shards in the original game. So we know that won't change and we also know that the game will still be played. That means there will be some market for ectos and shards -- we just don't know how good that market will be.

In a situation like this it's smart, I think, to go with what you do know -- not what can be guessed. Since we know that there will be a market for ectos and that the price has already gone down, I'd hold them.

freddo

Academy Page

Join Date: Aug 2005

France

N/

sometiimes, when I read you folks, I 'm asking myself if you're still playing a game...
you're talking about market, speculation prices, bankroute, benefits...

Peewee

Peewee

Krytan Explorer

Join Date: Nov 2005

London, England

I Uprising I [RAGE]

R/

Its hard to say. If there are equivalents to FoW armour in Factions that requires rare crafting materials other than Ectos and Shards (Rubies and Sapphires for example) then you can expect Ectos and Shards to prices to drop, in which case sell away right now. If FoW armour still is the ultimate peice of armour, then i think prices may rise slightly.

Whatever, personally, if i had a substantial amount, say 20 shards and 30 ectos i would keep them. However, i dont, and i tend to simply sell ectos as soon as get them.

Oh, and factions characters WILL be able to travel to Tyria. Otherwise there is little point to linking accounts, something ANET wants to make as popular as possible, becuase it frees up server space.

b0n3

b0n3

Frost Gate Guardian

Join Date: Apr 2006

Runnrz Inc

W/

Quote:
Originally Posted by Pillz_veritas
it has been believed that this is indeed not true, that you do not get the ability to make an assassin or ritualist in ascalon....
Are you 100% sure on this.. please clarrify.. It would be retarded if one were to be able to create a ranger (for example) in Factions but then not be able to create a Factions character in Prophecies...
If anyone knows what the situation is for A FACT. please reply

qazwersder

Frost Gate Guardian

Join Date: Apr 2006

I'll be looking soon

E/

What about the new armour bonuses, such as plus health. Will there not be fissure sets with these bonuses?

Ichigo Yamato

Ascalonian Squire

Join Date: Apr 2006

Home

Nocturnal Dreamers

R/Mo

someone told me that fow armor will be updated and still be top class armor(maybe implement stats on it?), and im also wondering now and i think ecto prices will DROP when factions comes out and then people will take advantage of the drop and mass buy ectos at the trader causing it to go back up. I mean like id spend 500k for fow armor without a second thought instead of a million, so i would mass buy ectos @ 5k? 4k? and get some fow. then it will go back up, im sure other people have the same idea? and also if the fow armor being updated is true then people will still be motivated to buy them with the same amount of motivation to buy new factions=to fow armor. I think ill keep my ectos and hope to god that they dont drop value

tuperwho

Wilds Pathfinder

Join Date: Jul 2005

Tenacious Knights of Doom [TKD]

I plan on hanging onto my shards and ecto. I still want my FoW warrior armor. So if there is a use and prices are high, I'm happy I still got mine that are valueable. If not, and they become dirt cheap, then I'll scoop up the rest of what I need while prices are rock bottom. So I'll be happy either way

boxterduke

boxterduke

Furnace Stoker

Join Date: Jun 2005

Walking the ruins of Ascalon

DVDF

Me/

Quote:
Originally Posted by demon dantes
well the first response says it all obsidian ar lol would make u beleive obby shards if they say they r gunna have ecto armor then id save them but the prices have been dropping at a rapid rate id use the for a high end item or sell for cash
English please.

Back to topic, I'm saving mine.
I wanna see how Ritualist and Assassin FoW armor look and I do not think that there would be other "rare" crafting material for FoW armors other than Ectos and Shards.
Also from what we saw the new Monk armors do not do anything for me so I might end up getting FoW for my Monk.

b0n3

b0n3

Frost Gate Guardian

Join Date: Apr 2006

Runnrz Inc

W/

Adding another rare trader like the fow forgemaster will totally destroy the economy of the prophecies campaign causing a lot of players either to stop or get VERY annoyed.. I think FoW will just get updated and maybe more 15k armour traders for each class.

lennymon

lennymon

Forge Runner

Join Date: Nov 2005

Seattle

Odin's Hammer [OH] - Servant's of Fortuna [SoF]

R/

All of my ectos and shards were gotten in runs Into FoW and UW so I'll not lose money by holding, and it is interesting to see ecto prices dropping BEFORE factions based purely on speculation. I want to outfit my lil necro lady in fissure armor because its one of, if not the, best looking sets of armor in prophesies.... I'll collect all the materials myself and it wont really cost me a penny, just time. I'm gonna play anyways, might as well set a goal right?
If the prices drop in the next week, I'll consider buying some, but only because I'd like to think I'll be spending a little more time in Cantha for awhile.

Akhilleus

Akhilleus

Forge Runner

Join Date: Sep 2005

If it aint expensive, it aint worth buyin'.

Leading/Co-leading Bretheren Of Chaos [Dark]

W/Mo

i think you are all forgetting one key detail.
6 months ago ecto was the same price as it is now; in the 6-8k range, toggling up and down for a period of time, untill the 55 monk builds became well-known.
but, ecto prices skyrocketed when soemthing started happening; when the 55 monks started mass farming ecto (increasing the supply) the price actually went up, which is contrary to almost every single economic indicator known to man, by all means it doesnt make sense...untill you look at it more closely. before ecto became mass-farmed (literally thousands were being dumped a day) trading in excess of 100k was not an easy task, more often than not a person would give pieces of their armor as collateral to finish the trade. but when ecto started hitting the markets en-masse people started using them as an alternate form of currency; just like the fact that dollar bills ahve absolutly no actual value by themselves. why does money retain value? you cant eat it, you cant really play with it, you cant marry it, it wont bare your children, you cant watch TV on it, and it doesnt play your MP3s...so why the hell is that useless emagalation of paper and linen valuable? because of the knowledge that you can go to your local gorcerystore/street-corner/best-buy and get the things you want with it.
the same principle applied to ecto; when people started using them to mediate trades they themselves became a form of GW currency. yes, the value flucuates, but so does the value of actual currency, like in any market. and yes, its possible that in ch2 a new currency will come into fruition, but for the exact same reason people are worried, is the exact same reason they will stay artificially high; factions and prophecies are stand-alone-games...taiwon and japan just got ahold of prohpecies, and in that resides a brand-new ecto market. people just dont understand that the whole reason ecto went up in price is due to the accessability; with more ecto hitting the market it was actually possible to use them to moderate trades, but if people only buy half a dozen here and there, who the hell would want to substitute ecto for gold? it would take you longer to convert the ecto to gold than it would take you to sell the weapon. in short, the over-supplying of ecto actually made them more valuable initially, and now the prices change just due to natrual fluctuation in the market.
now, i more than anyone will tell you that ecto will more than likely drop in ch2; moreso in the begining, as all the little people panic to scrape up all the materials possible for their brand-new shiny 15k ch2 armor or whatever the case may be; but after that feeding frenzy is over, the value of the new items will subside, the market will stabilize, and i think you'll find that the most readily accessable high-value materials will become new forms of currency. i think you may find that even in ch2 ecto will hold some value; most certainly not the 12k+ value of late 2005, but i can virtually guerentee they wont tank entirely (for one, i dont think anet wants anyone with 10k to be able to afford fissure).

thats my sentiment on the matter.

aznfosho

aznfosho

Lion's Arch Merchant

Join Date: Jan 2006

Seattle, WA

pRYD

W/Mo

Quote:
Originally Posted by Akhilleus
i think you are all forgetting one key detail.
6 months ago ecto was the same price as it is now; in the 6-8k range, toggling up and down for a period of time, untill the 55 monk builds became well-known.
but, ecto prices skyrocketed when soemthing started happening; when the 55 monks started mass farming ecto (increasing the supply) the price actually went up, which is contrary to almost every single economic indicator known to man, by all means it doesnt make sense...untill you look at it more closely. before ecto became mass-farmed (literally thousands were being dumped a day) trading in excess of 100k was not an easy task, more often than not a person would give pieces of their armor as collateral to finish the trade. but when ecto started hitting the markets en-masse people started using them as an alternate form of currency; just like the fact that dollar bills ahve absolutly no actual value by themselves. why does money retain value? you cant eat it, you cant really play with it, you cant marry it, it wont bare your children, you cant watch TV on it, and it doesnt play your MP3s...so why the hell is that useless emagalation of paper and linen valuable? because of the knowledge that you can go to your local gorcerystore/street-corner/best-buy and get the things you want with it.
the same principle applied to ecto; when people started using them to mediate trades they themselves became a form of GW currency. yes, the value flucuates, but so does the value of actual currency, like in any market. and yes, its possible that in ch2 a new currency will come into fruition, but for the exact same reason people are worried, is the exact same reason they will stay artificially high; factions and prophecies are stand-alone-games...taiwon and japan just got ahold of prohpecies, and in that resides a brand-new ecto market. people just dont understand that the whole reason ecto went up in price is due to the accessability; with more ecto hitting the market it was actually possible to use them to moderate trades, but if people only buy half a dozen here and there, who the hell would want to substitute ecto for gold? it would take you longer to convert the ecto to gold than it would take you to sell the weapon. in short, the over-supplying of ecto actually made them more valuable initially, and now the prices change just due to natrual fluctuation in the market.
now, i more than anyone will tell you that ecto will more than likely drop in ch2; moreso in the begining, as all the little people panic to scrape up all the materials possible for their brand-new shiny 15k ch2 armor or whatever the case may be; but after that feeding frenzy is over, the value of the new items will subside, the market will stabilize, and i think you'll find that the most readily accessable high-value materials will become new forms of currency. i think you may find that even in ch2 ecto will hold some value; most certainly not the 12k+ value of late 2005, but i can virtually guerentee they wont tank entirely (for one, i dont think anet wants anyone with 10k to be able to afford fissure).

thats my sentiment on the matter.
nicely stated. agreed

Haggard

Haggard

Desert Nomad

Join Date: Dec 2005

Urmston, Manchester, UK

Greener Pastures [DVDF]

W/Rt

sold my FoW armour stash for 700k a few days ago, glad i did.. unless they skyrocket in factions (which i don't foresee).

themickman

Krytan Explorer

Join Date: Dec 2005

W/Mo

well if everybody says that the prices of ectos and stuff will drop soon and then rise gradually later on, you dont you sell all the ones you have now, but bunch when they go down in price, and then sell later one when they are supposedly supposed to go back up?!?!?!?

pixel.summoner

pixel.summoner

Frost Gate Guardian

Join Date: Jan 2006

Near Seattle, Wa.

Order of the Shining Lion

N/

Quote:
Originally Posted by tuperwho
I plan on hanging onto my shards and ecto. I still want my FoW warrior armor. So if there is a use and prices are high, I'm happy I still got mine that are valueable. If not, and they become dirt cheap, then I'll scoop up the rest of what I need while prices are rock bottom. So I'll be happy either way
That's what i'm sayin! I just have my chest piece for my female FoW then i'm done. So it's a win/win situation.
Either way there's always going to be an 'ecto' type item of some sort.. either here or in Cantha.
I think ecto will retain some value for Tyrians, and then something else for Canthans.. who knows. We'll soon find out! But yes, I agree tuper

logan90

Krytan Explorer

Join Date: May 2005

Gaile has said that Ecto and Shards wont have a use in factions, however, there will be FoW armor for Ritualists and Assassins in Tyria. I asked Gaile and she said that the Ritualist and Assassin would not miss out. She better have been right, or my saving up of ectos/shards will probably have been for nothing.

Lady Erighan

Wilds Pathfinder

Join Date: Nov 2005

Defenders of Gods

E/Me

Quote:
Originally Posted by boxterduke
I wanna see how Ritualist and Assassin FoW armor look and I do not think that there would be other "rare" crafting material for FoW armors other than Ectos and Shards.
You're making an assumption; that FoW will have armor of Ritualists and Assassins.

Why do you assume this? Factions and Prophecies are stand alone games. FoW is part of Prophecies. It has already been said that Factions will have similar high level maps to explore. You can't create Rits and Sins in Prophecies, they can only travel there. That basically makes me believe all armor NPCs for them will be located in Cantha.

Check out this link...somewhere there is a copy of response from Gaile.

Ecto and Shards

EternalTempest

EternalTempest

Furnace Stoker

Join Date: Jun 2005

United States

Dark Side Ofthe Moon [DSM]

E/

Someone pointed out in the new guide you can get ecto and gem from converitng certain monster drops in factions and some factions items.

http://www.guildwarsguru.com/forum/s...62#post1304062

Quote:
Originally Posted by Quash
you can salvage ectos from various eye, remains, and some new factions items. you canalso slavage rubies and saphires from things too...And if you think I'm making it up look at the guide Appendix B pgs 215-223