Ecto's 18k now!!

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D
DreamCatcher
Frost Gate Guardian
#1
And Shards are 6k at the rare material traders!

What's up with that?
S
Sean The Sniper
Ascalonian Squire
#2
I know I sold 3 of my shards at the trader today, I am guessing the prices will drop soon because this is insane!
I
Iere
Frost Gate Guardian
#3
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"
#4
Its 19k now.
Shanaeri Rynale
Shanaeri Rynale
Desert Nomad
#5
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
#6
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.
d
duanstar
Frost Gate Guardian
#7
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
#8
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
#9
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
#10
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
K
Kampfkeks
Krytan Explorer
#11
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
#12
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
#13
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
#14
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
#15
The same happened another weekend with the prices.
Arcane De Farad
Arcane De Farad
Frost Gate Guardian
#16
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 ?
w
wiz12268
Wilds Pathfinder
#17
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.
K
KamikazeChicken
Desert Nomad
#18
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
#19
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
#20
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.