Ecto price development - your opinion?

fb2000

Desert Nomad

Join Date: Apr 2006

sorry, but ectos WILL increase in value.. they are already..

reason?

i attribute it to the very gay Factions storyline/pve options, more and more people are simply interested in high-end trades.. so itll go higher

Sagius Truthbarron

Sagius Truthbarron

Desert Nomad

Join Date: Jun 2005

Animal Factory [ZoO]

A/

Quote:
Originally Posted by Theus
Because people realized that FoW armor is more time/effort/gold than its worth.

Not to mention..its so funny to see players with FoW armor who are still relatively horrid at the game.
Yeah. I usually don't pickup Warriors in full FoW becuase I know they spend most of their time farming and usually aren't very good in a team.

Or, atleast, I save those warriors for last.

With introduction of new characters Ecto prices will just rise. Every farmer will want their new classes in shiny FoW armor.

Cowboy Nastyman

Cowboy Nastyman

Lion's Arch Merchant

Join Date: Oct 2005

Me/Mo

Quote:
Originally Posted by Avarre
I got my Fissure when they were 13k+ each. Then they dropped.
bought my mesmer fissure at that time too avarre ^_^

dfscott

dfscott

Academy Page

Join Date: Jun 2005

Atlanta, GA

Me/Mo

Unless ANet comes up with another use for ectos, I can only see them dropping. People bought Obsidian armor for 3 reasons:

1) it's 1337
2) you can mix and match stats w/o looking hodgepodge
3) they like the appearance and it wasn't that hard to farm for it

#1 is subjective, so we'll assume it hasn't changed.
#2 isn't an issue since all Factions armor works this way now
#3 is less of an issue since we Factions just doubled the number of armor selections for existing classes.

So we've gone from 3 reasons to about 1-1/2. More chapters are likely to introduce new choices and dilute the desire for Obsidian even more.

Edit: BTW, I bought my mesmer's FoW when ecto was in the 9-11K range -- and my reason was #3.

heaven

Lion's Arch Merchant

Join Date: Jan 2006

W/Mo

I have seen a lot more WTB ecto than WTS ecto. As long as ecto remains as the currency of high trading, it will hold value.

AxeMe

Lion's Arch Merchant

Join Date: Aug 2005

Atlanta

HEX

W/

My guess is that ecto will slowly rise above the current selling price but I doubt that it will ever reach the levels (10, 11k and even higher) during the time I bought my FOW armor.

Here's something to think about though. Other prices have dropped as well - Factions and its new weapons, items and the perfect stat items available from collectors there - have balanced the fall in ectos price.

So, if you want to think of an ecto as something like a dollar in the real world, one ecto (because of the lower prices) will still buy about the same amount of goods in the same. Many swords that brought in 100k plus some ectos now sell for 50k or lower. You could even make the argument - based on this - that ectos are still "worth" about what they used to be.

(It's a different story with FOW armor since the requirements for ectos and shards have not changed. FOW armor is defintely cheaper these days and that's a good idea too. That may mean that it just becomes another choice based on how it looks. I think there will be a lot less bashing of FOW-wearing characters when the bashers can afford it).

dreamhunk

Banned

Join Date: Mar 2006

:P

E/Me

I was able to buy 10 ecto for 2.5 each I think ectos will fall even more now that there is new armor sets

shadowfell

shadowfell

hamonite anur ruk

Join Date: Jan 2006

Echovald Forest

[PhD] Teh Academy

Me/A

Basically... look at the new armors, the 15k kurzick, luxons and in some cases, the canthans. Even the new 1.5 armors have better looks than FoW. Who would really want to shell out for that ugly stuff of the past? I was thinking of getting FoW for my ranger, and then I saw 1.5 kurzick and 15k end game and that sealed the deal. I started offloading my ecto at every price spike chance I got. I want nothing to do with it anymore and honestly, I think the prices are going to fall even more. It's just the traders and the new players holding onto it, at this point. I guess it's like keeping poly in your closet just in case disco suddenly makes a come back.

Chilly Ress

Chilly Ress

Jungle Guide

Join Date: Oct 2005

Kinetic Fusion [kF]

Me/

I persnally think they will begin to incline once again becase of new fissure armors for ch2 and possibly ch3, but you never know.

generik

Desert Nomad

Join Date: Jun 2005

As a sidenote I hope Rubies and Sapphires will see some use in the coming chapters

noblepaladin

Krytan Explorer

Join Date: Jun 2005

Ecto was also used as a trade currency (i.e. People trading rare items for 100k gold and certain amount of ectos) so it caused artificial inflation. Some people just held onto huge stores of ecto. After factions came out, nobody wanted to hold onto ectos, they want the new armors, to buy the new skills, etc. There are many more gold sinks that people want to invest in so they all wanted to convert their ectos in their storage into gold. So the price of ecto went down. Also, after all these new skinned items and greens came out, there are very few items that are worth more than 100k. So there is less reason to use ecto as currency. And after ecto became unstable, people are less willing to hang onto them as currency for trade.

Don Zardeone

Don Zardeone

Wilds Pathfinder

Join Date: Oct 2005

What are you guys talking about

Ecto is 6.5k and rising at merchant sell price.

Whoever sold it to you at 3k each or less needs to be in my friendslist asap...

Arknow

Arknow

Academy Page

Join Date: Feb 2006

Middle of Space, Corner of No and Where

Ell EFF GEE

R/

to me it seems it all boils down to the awsomely wack fact of the 100k trade limit,

200 would be a start, but a 500k cap would rock and finish killing ectos all together

Maria The Princess

Maria The Princess

Forge Runner

Join Date: Mar 2006

Aequitas Deis

sometime before i posted here saying that ecto will go down ALOT and that we should sell em now(back then)... and was laughted at

Jedimagician

Jedimagician

Wilds Pathfinder

Join Date: Mar 2006

i think that they will slowly creap up as more people realise you need them for rits and sins.

i dont think they will ever go back as high as 9k each (more like 6-7kea) as you can get them from tombs as well as UW

EternalTempest

EternalTempest

Furnace Stoker

Join Date: Jun 2005

United States

Dark Side Ofthe Moon [DSM]

E/

Quote:
Originally Posted by Arknow
to me it seems it all boils down to the awsomely wack fact of the 100k trade limit,

200 would be a start, but a 500k cap would rock and finish killing ectos all together
I have to disagree with rasing the cap, I think it would turn in to 200k or 500k + Ecto trades....

Jetdoc

Jetdoc

Hell's Protector

Join Date: Jul 2005

The Eyes of Texas [BEVO]

D/A

I've been watching this for a while, and I believe that the main economy for ectos is driven primarily by the availability of cash in the marketplace.

In other words, when people spend a ton of cash, the price of ectos at the trader will go down because those people aren't going to the rare material trader to buy ectos.

When they have a ton of cash, they are likely to buy ectos from the trader, which inflates the price.

Right now, ectos are dipping in price because everyone is spending money on their new armors, acquiring minipets, etc. I believe that this will tail off soon, and you'll have tons of players with nice stockpiles of cash wondering "what do I buy next?" FoW armor is the logical answer for that, as items have really taken a hit in value with all of the greens out there. These relatively wealthy players will then visit the rare material trader and you'll see a gradual increase in ecto prices yet again.

I believe this is definitely a "buy low" time in the game.

William Stark

William Stark

Academy Page

Join Date: Dec 2005

UK

The Imperial Guards

W/Mo

In Chapter One the ecto and shard prices were much higher, depite attempts by ANet to bring them under control (which I suppose were at least partially successful). In my opinion the high price was self-sustaining because it made them more desirable (the more expensive the armour is, the more it becomes a status symbol, thus the higher demand).

Also, there were limited goals for experienced players. The new titles have suddenly opened up a whole new set of goals. I've had the materials for my final pieces of FoW warrior armour sitting in storage since factions came out, but haven't got around to crafting them yet. Instead I've been uncovering odd bits of the map and capping skills, as well as trying to get through the new story.

If you add in the expanded range of armour types we have to choose from now, FoW is just not such a high priority. As someone once said 'the only thing of real value in game is time', and there just isn't enough of that to spare. Despite the low ecto prices I can't even motivate myself to buy them right now- they just seem like something I'll get around to later.

Lord Shazneri

Lord Shazneri

Ascalonian Squire

Join Date: Dec 2005

Champions of the Unknown [UNKN]

W/Mo

Quote:
Originally Posted by Arknow
to me it seems it all boils down to the awsomely wack fact of the 100k trade limit,

200 would be a start, but a 500k cap would rock and finish killing ectos all together
Not Feasible - Then they would be catering to the Bot farming then accounts could hold massive amounts of gold.

Ectos are just Ectos will always be pricey due to the trade 100k+ecto on rare skins, I don't think the FoW armor is much of a Driving point of raising the cost because Ectos are so easy to get.

Right now GW has so much Gold in circulation that the market has just sludged down. I played GWF last night for 2 hours and made almost 22k in drops and turning in quests. Not to mention the 3 Perfect Gold Max weapons I got from Luxon Chests and have not had a chance to sell.

I know I will probably get flamed for this but I think We still need some more Gold Sinks to get the economy back to the way it was. But I know GW and ANet want everyone to get what they want in terms of skins. They are not so much worried about the economy.

capblueberry

capblueberry

Krytan Explorer

Join Date: Nov 2005

Lexington, SC

Grenths Mercenaries[DEAD]

im glad cuz now im getting closer to being able to buy FoW armor

Ject the Rightous

Ascalonian Squire

Join Date: Mar 2006

Kings of Time[King]

W/Mo

Ecto well probably never go below 5K. If it does, alot of people will just stop farming UW because its not worth the time. That will lower suply and balance out the price to 5K and up again. I'm no economist, its just my guess.

Don Zardeone

Don Zardeone

Wilds Pathfinder

Join Date: Oct 2005

I just found out that whatever is posted here has a huge effect on the ecto economy.

I get people wanting to sell ecto for 6.4k who keep referring to this particular thread.


I wish I hadn't mentioned that someone spiked the rare material trader up to 6.5k X.x

Jas D

Jas D

Krytan Explorer

Join Date: Feb 2006

Oklahoma, USA

None

I don't care what the price ecto's go for. - My opinion.

cR4zY-n^

Frost Gate Guardian

Join Date: Jul 2005

Zadar - Croatia

We Work As A [Team]

Mo/E

They should make ecto has ~10K always no matter the sell/buy thing. ;x

MSecorsky

MSecorsky

Furnace Stoker

Join Date: Jun 2005

So Cal

The Sinister Vanguard

Me/

I've been in Factions since it's release... what's an ecto again?

Fist_of_God

Fist_of_God

Desert Nomad

Join Date: Aug 2005

Mo/W

Quote:
Originally Posted by MSecorsky
I've been in Factions since it's release... what's an ecto again?
They are little pinkish purple thingies named, "mursaat tokens", hurry and pm me in-game. I have a hundred I will sell uber cheap.. 100k.

The ecto market has become more stable than any other rare material atm, therefore I assume they will always be the 100k+ currency of choice.

swiftygem

Frost Gate Guardian

Join Date: Dec 2005

Quote:
Originally Posted by Fist_of_God
The ecto market has become more stable than any other rare material atm, therefore I assume they will always be the 100k+ currency of choice.
Actually, I wouldn't say that...ecto price seems to be going up again a bit. Also I heard something about ecto&shards nerf, normally I wouldn't pay much attention to that, but yesterday I've done five UW smite runs, we killed all and didn't get a single ecto....I really hope it was just a bad luck

Ardrid

Ascalonian Squire

Join Date: Jun 2005

Richmond, VA

Dragon Mares [DM]

E/Me

Quote:
Originally Posted by swiftygem
Actually, I wouldn't say that...ecto price seems to be going up again a bit. Also I heard something about ecto&shards nerf, normally I wouldn't pay much attention to that, but yesterday I've done five UW smite runs, we killed all and didn't get a single ecto....I really hope it was just a bad luck
You are correct. There definitely appears to be an ecto/shard nerf in effect (I'm hoping it's just a glitch from the latest update). I've done 4-5 UW runs and haven't seen a single ecto in the last 4 days. As a result of what appears to be ANet using their infamous nerf stick, ecto is up to 6.5K and shards have jumped to 4.3K.