Ecto's 18k now!!

DreamCatcher

Frost Gate Guardian

Join Date: Sep 2005

Netherlands

DVDF

R/Mo

And Shards are 6k at the rare material traders!

What's up with that?

Sean The Sniper

Ascalonian Squire

Join Date: Oct 2005

Vancouver, Washington.

United Rebels of Destiny

R/Me

I know I sold 3 of my shards at the trader today, I am guessing the prices will drop soon because this is insane!

Iere

Frost Gate Guardian

Join Date: Sep 2005

Midnights Revenge [MiRe]

Mo/Me

I'm going to venture a guess that it's because Europe and Korea have held favor for, like, the last three days.

unienaule

unienaule

I dunt even get "Retired"

Join Date: Aug 2005

Fifteen Over Fifty [Rare]

Its 19k now.

Shanaeri Rynale

Shanaeri Rynale

Desert Nomad

Join Date: Aug 2005

DVDF(Forums)

Me/N

No, EU favor has been about the same as the last month. It held favor for longer yesterday due to a bug that stopped people getting into tombs. So i've not counted that duration in my stats BTW

Ecto drops are well down according to people who regually go there to ecto farm(trappers and solos etc). Combined with a satuated economy causing the rich players not selling ecto to traders to buy high end items then it's not surprising the price has risen.

The green economy is in decline, as is the items market. Low end/margin goods are still ok as they dont need ecto to underpin them. Usually a spike in inflation is always the sign of a recession on the way...

Savio

Savio

Teenager with attitude

Join Date: Jul 2005

Fifteen Over Fifty [Rare]

All I know is, my plans for FoW armor are shot for the immediate future...I'm not shelling out over 3 mil for it.

duanstar

Frost Gate Guardian

Join Date: Jul 2005

Ohio

Three Meaningless Initials

Mo/Me

I'm going to see if I can still buy any for 10k from "uninformed" people. o_O

The undead Mesmer

The undead Mesmer

Delphian Scribe

Join Date: May 2005

Holland

No guild ;_;

N/Me

Quote:
Originally Posted by Shanaeri Rynale
No, EU favor has been about the same as the last month. It held favor for longer yesterday due to a bug that stopped people getting into tombs. So i've not counted that duration in my stats BTW

Ecto drops are well down according to people who regually go there to ecto farm(trappers and solos etc). Combined with a satuated economy causing the rich players not selling ecto to traders to buy high end items then it's not surprising the price has risen.

The green economy is in decline, as is the items market. Low end/margin goods are still ok as they dont need ecto to underpin them. Usually a spike in inflation is always the sign of a recession on the way...
sorry but about europe having the same favor as before your wrong it did have much longer favor on Prime time for european ppl *hmmmm 3 hours a few days ago* so europe is striking back i love it ^^.

Hanuman li Tosh

Hanuman li Tosh

Lion's Arch Merchant

Join Date: Sep 2005

garden of the gods, CO

Over Powered

N/

Quote:
Originally Posted by Shanaeri Rynale
No, EU favor has been about the same as the last month. It held favor for longer yesterday due to a bug that stopped people getting into tombs. So i've not counted that duration in my stats BTW

Ecto drops are well down according to people who regually go there to ecto farm(trappers and solos etc). Combined with a satuated economy causing the rich players not selling ecto to traders to buy high end items then it's not surprising the price has risen.

The green economy is in decline, as is the items market. Low end/margin goods are still ok as they dont need ecto to underpin them. Usually a spike in inflation is always the sign of a recession on the way...
geeeeee, your not biased or anything. it being a bug has nothing to do with the fact that it hapened and effected the economy....

h e a d 9 r

h e a d 9 r

Krytan Explorer

Join Date: Sep 2005

Berlin

Hell Was Full So We Came [Back]

W/

Quote:
Originally Posted by Savio
All I know is, my plans for FoW armor are shot for the immediate future...I'm not shelling out over 3 mil for it.

lol, that's what i wanted to post here

Kampfkeks

Krytan Explorer

Join Date: Aug 2005

Quote:
Originally Posted by The undead Mesmer
sorry but about europe having the same favor as before your wrong it did have much longer favor on Prime time for european ppl *hmmmm 3 hours a few days ago* so europe is striking back i love it ^^.
That is... sorry, nonsense.
The probably only reason for the skyrocketing ectoprices was the recent nerfhammer against the UW Farming. That stopped the slow flow of ecto down to a degree that everyone who gets an ecto simply keeps it for himself thus skyrocketing the prices even more.

Shanaeri Rynale

Shanaeri Rynale

Desert Nomad

Join Date: Aug 2005

DVDF(Forums)

Me/N

Hi UM,

I and my team of helpers record favor stats nearly 20 hours a day. trust me. the percentages over the last 7 days have'nt been that much different from the previous month. If you want to help the effort in actually showing the figures rather than peoples perception then just let me know.

The day in question EU held it 3 times (11th) , for a total duration of 6 hours. However the next day EU only held it for 2(12th) and the day after that(13th) for 2 hours also.

Have a look at my favor stats threads, hopefully they make intresting reading.

P.S I have recorded the bug as 'no data' not pro EU,america or Korea, just as I would if US or Korea held it. To do anything else would nullify the point of me spending hours doing it.

Six hours of people not getting into tombs will not affect ecto prices. This is the cumulation of a drop in Ecto drops, people not spending large money and the saturation of the economy.

Savio

Savio

Teenager with attitude

Join Date: Jul 2005

Fifteen Over Fifty [Rare]

Quote:
Originally Posted by Hanuman li Tosh
geeeeee, your not biased or anything. it being a bug has nothing to do with the fact that it hapened and effected the economy....
Wait, the bug did how much to the economy now? A few hours of favor (or the loss thereof) isn't going to cause ectos to gain a 50% increase.

Shanaeri, thumbs up on the work, but how does the bug affect favor ratings exactly? I wasn't on much the past few days so I didn't see the effects.

Geez, this stuff only happens when I'm away for a night... I didn't know I affected the economy that much.

Shanaeri Rynale

Shanaeri Rynale

Desert Nomad

Join Date: Aug 2005

DVDF(Forums)

Me/N

As far as I know. it stopped people entering tombs, so therefore predjudiced/tainted the HoH battles. It would be unfair of me to count them. Just to say I would have done the same if it were Korea, America or as was the case Europe.

Edited to say, if someone wants to correct my assumption i'll happily put the figures back in..

Ray

Ray

Wilds Pathfinder

Join Date: Aug 2005

Denmark

The same happened another weekend with the prices.

Arcane De Farad

Arcane De Farad

Frost Gate Guardian

Join Date: Sep 2005

Alea Iacta Est

R/

LOLz, price of ecto is insane . I remember the price of ecto on european server before global economy - 30k. So tell what will be next nerf update . Maybe some FoW armors will be cheaper plz ?

wiz12268

Wilds Pathfinder

Join Date: Jul 2005

California

Men In Black

At least rubies aren't trading for 14K plus now. Ectos were 19 at trader awhile ago(2 months) I am sure they will come down as people sell off to him.

Although I sold a few this morning and he didn't drop. I couldn't sell many as I reachd 1000 plat again.

Guess I will have to start hoarding gems once more. Unless ectos drop to 100 gold again in an update then I will fill up on them.

Hard to figure out what is going on.

I do not like the fissure armors, so I am waitig for the gem armors in the second edition or whenever they decide to put them in. Hopefully they are better looking.

So if anyone needs ectos and has rubies I will trade 5 to 1; Rubies to Ectos.

KamikazeChicken

Desert Nomad

Join Date: Aug 2005

Mo/

Current Price of FoW Armor:
60k Crafting
60k Materials (estimate)
577.5k Shards (5.5k each)
1942.5k Ecto (18.5k each)
Total= 2,640,000 gold

Price on Ecto/Shards is assuming market value is 500 less than current trader cost.

Tactical-Dillusions

Tactical-Dillusions

Desert Nomad

Join Date: May 2005

Grimsby, UK

R/

Monstrous eyes were around 200 gold a week ago. They have climbed steadily since and are currently at 500, from 470 this morning.

topdragon147

topdragon147

Frost Gate Guardian

Join Date: May 2005

Minnesota

Onslaught of Xen [XoO]

R/

note that, if it hasn't been mentioned before, the traders now draw from an international stockpile, not just from the server you are playing on.

IPlayGuildWars

Academy Page

Join Date: Aug 2005

Penguins of Doom

Mo/W

ignore

exploding flowers

Academy Page

Join Date: Jun 2005

it probably has to do something with the recent boom (reboom, really) of sweatshop workers doing doubletime? if you check ebay gold, it's currently about $60-something bucks for 1 mil, compared to last month's $80-something bucks (i think) for 1 mil.

also, let's not forget to add that thought with some of the vast green weapon farmers who sells at high amounts, and turning that around to buy ecto/shards within the last month.

i could be wrong, of coarse.

more people are just buying ecto/shards in a faster rate than usual i guess.

Iere

Frost Gate Guardian

Join Date: Sep 2005

Midnights Revenge [MiRe]

Mo/Me

Aha, what a lovely coincidence- I just got my first gob of ecto.

Love it when that happens. Now if I'd only get a shard, I'd be all set for my guildhall... FINALLY.

huh

huh

Wilds Pathfinder

Join Date: Aug 2005

Hou Lan Geng [HLG]

Kinda off-topic.
Black dye has reached a post-price-patch high of 9k too.

D.E.V.i.A.N.C.E

D.E.V.i.A.N.C.E

Jungle Guide

Join Date: Aug 2005

Mo/

and who doesnt notice the monk runes going back upward...
cmon sup healing go back to 74,000 gold
/crossfingers

Aracos79

Aracos79

Krytan Explorer

Join Date: Jun 2005

The Great Southwest

Shadowstorm Mercenaries

E/

It does seem like the economy is slowly inching back to the pre-trader patch days. Monk runes are moving up, as are ecto and shards. I can see how reduced solo-monk farming has reduced the amount of ecto on the market, but why would shards go higher as well? They aren't farmed specifically like ecto, but plenty of grps still head down into the Fissure. Price jumps worry me... as I don't farm enough to keep up. :P

unienaule

unienaule

I dunt even get "Retired"

Join Date: Aug 2005

Fifteen Over Fifty [Rare]

that would be good because...........

yeah lets ruin the economy for my personal profit. woo hoo.

Mormegil

Krytan Explorer

Join Date: May 2005

The price will drop in no time. It's very dificult to sell ectos now for 16k (which seems to be the avg price people are selling at), and hordes of players are selling to the trader for 14k... 4k more than what used to be for each ecto is a good deal.

This is a spike. Prices will eventually drop...it just went down to 18k again and onyl 2 hours have passed. I suggest NOT BUYING ectos now, so that people who have plenty of them will sell to the rare mat trader, thus lowering the price very fast.

Hanso

Hanso

Krytan Explorer

Join Date: Sep 2005

On The Fly

W/

merchant sells ectos at 12k atm - so all pretty normal now

Mormegil

Krytan Explorer

Join Date: May 2005

Quote:
Originally Posted by Mormegil
The price will drop in no time. It's very dificult to sell ectos now for 16k (which seems to be the avg price people are selling at), and hordes of players are selling to the trader for 14k... 4k more than what used to be for each ecto is a good deal.

This is a spike. Prices will eventually drop...it just went down to 18k again and onyl 2 hours have passed. I suggest NOT BUYING ectos now, so that people who have plenty of them will sell to the rare mat trader, thus lowering the price very fast.
What did I say?

People are like sheeps. Should start a GW farming cartel with some of my friends, but I'm soft-hearted, and I won't do it. (Got 700k in 24 hours thanks to the idiotic ecto prices).

Crush

Crush

Frost Gate Guardian

Join Date: Aug 2005

W/E

as i said before, this is crazy...
people were selling them for 8k and that was already an hard effort for common players, whatare we doing now?!

EDIT: however yes, the perfect strategy is not to buy them now and wait