What the hell is wrong with GW economy?!

Anarki

Anarki

Krytan Explorer

Join Date: Dec 2005

Sweden

Almost Famous

W/N

I started about 2 weeks ago, it's not enough to learn everything about a MMORPG but since i play several hours a day i managed to get a good bit into GW.
Anyway, my point is, when i was level 7-8 i bought a max damage Storm Bow (blue) for 1.5k gold. It's 15-28 damage, +11% while enchanted, +28hp and customized for me.
Lately i've been checking this trade forum since i am 10 levels higher and i am bored of using this bow but i see people selling good bows for 50k-150k...
That's pretty much stupid. What are they gonna do with that kind of money anyway?
My bow aint that bad, i got it for 1.5k, why would i pay 100k more for a bow that's just a bit better?
I'd understand 5k... but 100k.... damn, GW economy is really screwed up.

Apple

Apple

Desert Nomad

Join Date: Dec 2005

N/Mo

That bow is worth a lot more than 1.5k, that's the point. You got a complete steal of a deal...

Ultimate_Gaara

Ultimate_Gaara

Desert Nomad

Join Date: Jun 2005

BC, Canada.. how aboot that eh?

... don't tell me people are bitching about the econ again...

geez, im gone for one week and all hell breaks loose...

I can sum this up real quick with the following. There is no problem with the GW econ, only with the people who to be in control of it, so basicly this thread should be called " Why is everyone a greedy child?" So if your going to point fingers point them at players, not the game.

To sum this all up: People are morons, get use to it

Enough said

hidden_agenda

hidden_agenda

Lion's Arch Merchant

Join Date: Jun 2005

Quote:
Originally Posted by Anarki
I started about 2 weeks ago, it's not enough to learn everything about a MMORPG but since i play several hours a day i managed to get a good bit into GW.
Anyway, my point is, when i was level 7-8 i bought a max damage Storm Bow (blue) for 1.5k gold. It's 15-28 damage, +11% while enchanted, +28hp and customized for me.
Lately i've been checking this trade forum since i am 10 levels higher and i am bored of using this bow but i see people selling good bows for 50k-150k...
That's pretty much stupid. What are they gonna do with that kind of money anyway?
My bow aint that bad, i got it for 1.5k, why would i pay 100k more for a bow that's just a bit better?
I'd understand 5k... but 100k.... damn, GW economy is really screwed up.
there seems to be lots of people who must have the MAX stuff. it's kinda funny -- a sundering sword hilt 10/10 cost 50k, but a sundering sword hilt 10/9 costs 15k. That's 35k gold for a 1% chance at 10% armor penetration...

although i don't understand this mentality, i do have a theory.

in another life, i used to work on Wall St. one of the things that investment firms have noticed is that if there are a few people willing to buy a stock at an unusually high price, some other people will believe that the stock is worth that price and buy it base on that.

other people will then see it go up, and join in. the ball will keep on rolling until some event cause the cascading effect the opposite way.

personally, my guess is the GW perfect items is just like this. there are a few hardcore players who have amassed large fortunes and are willing to pay huge sum of money for perfect items. those people then ended up setting the price -- the seller aren't willing to sell it for less and the other buyers are under the impression that the items are worth that amount.

of course, this could just from my crazy perspective...

kai_razorwind

Ascalonian Squire

Join Date: Nov 2005

The short answer to "whats wrong with GW economy" is:
Pretty much everything! Enjoy!

Dax

Wilds Pathfinder

Join Date: May 2005

Quote:
Originally Posted by Anarki
I started about 2 weeks ago, it's not enough to learn everything about a MMORPG but since i play several hours a day i managed to get a good bit into GW.
Anyway, my point is, when i was level 7-8 i bought a max damage Storm Bow (blue) for 1.5k gold. It's 15-28 damage, +11% while enchanted, +28hp and customized for me.
Lately i've been checking this trade forum since i am 10 levels higher and i am bored of using this bow but i see people selling good bows for 50k-150k...
That's pretty much stupid. What are they gonna do with that kind of money anyway?
My bow aint that bad, i got it for 1.5k, why would i pay 100k more for a bow that's just a bit better?
I'd understand 5k... but 100k.... damn, GW economy is really screwed up.
Actually you can get along quite nicely by not buying anything from other players. Use the vendors for your armor/weapon upgrades, salvage kits, ect. Most items are dropped on the course of questing.

There is no real economy like in other MMOs, there is nothing you can't get yourself with a little effort. People get all freaked out with the economy but in reality it was made this way so people didn't have to worry about accumulating items....it's casual gaming at it's best.

Racthoh

Racthoh

Did I hear 7 heroes?

Join Date: May 2005

Scars Meadows [SMS], Guild Leader (Not Recruiting)

Learn to love collectors and crafters, as they can provide you with the meat of a good weapon. Only when you have insane amounts of gold should you focus on aesthetics and perfect mods.

Arturo02

Arturo02

Wilds Pathfinder

Join Date: Jul 2005

See that third planet from the sun?

Sacred Forge Knights

R/Me

Quote:
Originally Posted by Racthoh
Learn to love collectors and crafters
I tried this approach with Calissa Sedgwick early on in the game, trying to get the belt pouch. We dated for like two weeks. I took her to the finest restaurants in Lion's Arch. We danced under the moonlight at Kryta.

Always the same response...

"I require four charr hides"

chippxero

chippxero

Krytan Explorer

Join Date: May 2005

norfolk

Super Anti Rabbit Squad [SARS]

Mo/Me

I needed/wanted a shortbow (15^50) now to find one to buy off a player would take time and probably se me back a fair bit.

I managed to pick up a 29 health grip and a 10/9% sundering string 15k for both because they wern't max, I think i got a good deal.

I checked wiki and found that i can get my shortbow from a collector in the desert(sure it's not fancey looking) for a few hydra claws, 15 minutes of farming with my warrior and i have claws and then the bow.

Applied the upgrades and now i have my lovely short bow to buy the same thing from a player would probably have cost me a lot more money.

To sum up: Wiki ro><or and saves money & People are very picky and want perfect everything and will pay through the nose for it.

Mimi Miyagi

Mimi Miyagi

Wilds Pathfinder

Join Date: May 2005

Port Orchard, WA

The Second Foundation: [TSF]

It's not the stats people crave really - its the eye candy. Anyone can plunk those mods onto a collector's bow and be effective with it. But it's...ugly. Well, not really put a bag over it's head ugly, more like the girl next door plain. It doesn't sparkle, glow, shimmer, or color up very well.

But stick those mods on a storm bow and yowza.

Yeah, perfect mods are one thing, but what they're on is more important. if the mods were so important, then everyone would use collectors items, which normally have perfect stats and can be further modded to boot.

Shrug. The economy isn't bad - it's stupid.

heist23

Journeyman

Join Date: Jul 2005

R/Mo

it's the people who control the economy. people for some reason believe that the extra 1% will save them in battle...or make them look l33t. therefore they're willing to pay the extra cash for that perfect upgrade. since they have so much cash on them they can bid crazy amounts of gold....and ordinary people (like me) are left in the dust with the mere 5k we've scrounged up.

and then there's the fancy looking weapons.....

ooh, it glows. i'll pay 1000k for it!

i mean, seriously. COME ON.

Sonado The Warrior

Academy Page

Join Date: Nov 2005

FK II

W/Mo

actually get a collector bow or some thing else you might want if its good and just buy your mods cus mods are cheaper than swords with the mods lol my $0.02

Anarki

Anarki

Krytan Explorer

Join Date: Dec 2005

Sweden

Almost Famous

W/N

True i agree that some people are willing to pay a fortune for the absolutely best item.
However this game is not like, for example, Lineage 2 where it is extremely hard to get items. Guild Wars have good drop rate, but people still sell those items like they are rare as hell.
Well anyway people sell that Drago bow here for 50k and above while i've seen people sell it in game for 25-35k.
I think that i'll just wait for my drop.

Yichi

Yichi

Furnace Stoker

Join Date: Sep 2005

Guild Hall, Vent, Guesting, PvE, or the occasional HA match...

Dark Alley [dR]

short simple answer = everything

more complex, elaborated answer = everything

enjoy

Bloom

Ascalonian Squire

Join Date: Dec 2005

DVD Forums

Mo/Me

Quote:
Originally Posted by Anarki
True i agree that some people are willing to pay a fortune for the absolutely best item.
However this game is not like, for example, Lineage 2 where it is extremely hard to get items. Guild Wars have good drop rate, but people still sell those items like they are rare as hell.
Well anyway people sell that Drago bow here for 50k and above while i've seen people sell it in game for 25-35k.
I think that i'll just wait for my drop.
Sure the bows that you see being sold for 30K aren't the vampiric ones?

Mordakai

Mordakai

Grotto Attendant

Join Date: Aug 2005

Kyhlo

W/

Quote:
Originally Posted by Arturo02
I tried this approach with Calissa Sedgwick early on in the game, trying to get the belt pouch. We dated for like two weeks. I took her to the finest restaurants in Lion's Arch. We danced under the moonlight at Kryta.

Always the same response...

"I require four charr hides"
LOL! You need to give her Hunter's Ale before she gives you anything....

Yichi

Yichi

Furnace Stoker

Join Date: Sep 2005

Guild Hall, Vent, Guesting, PvE, or the occasional HA match...

Dark Alley [dR]

Quote:
Originally Posted by Bloom
Sure the bows that you see being sold for 30K aren't the vampiric ones?
no they are the regular ones. the vampiric ones are goign for 50+ or at least thats what they are being spammed for

Bloom

Ascalonian Squire

Join Date: Dec 2005

DVD Forums

Mo/Me

Quote:
Originally Posted by MistressYichi
no they are the regular ones. the vampiric ones are goign for 50+ or at least thats what they are being spammed for
So the regular Dragos Flatbow is selling for 30K and the vamp one is selling for 50K???

Yichi

Yichi

Furnace Stoker

Join Date: Sep 2005

Guild Hall, Vent, Guesting, PvE, or the occasional HA match...

Dark Alley [dR]

Quote:
Originally Posted by Bloom
So the regular Dragos Flatbow is selling for 30K and the vamp one is selling for 50K???
correct.... dumb aint it?

Arcien Trueflight

Arcien Trueflight

Academy Page

Join Date: Sep 2005

Retrieving an arrow from my latest kill.

Nova Alliance [Nova]

R/E

Thus why I'm happy with my lil ol' 5k Stinger...^_^

yangster

Lion's Arch Merchant

Join Date: Oct 2005

Asian Syndicate

Me/E

Quote:
Originally Posted by Anarki
What are they gonna do with that kind of money anyway?
Buy fissure armor.

Slade xTekno

Slade xTekno

Rawr.

Join Date: Apr 2005

Read or Die Stooge Forum

W/

The GW economy is like building a computer - the second best parts will cost you half as much.

ghezbora

Frost Gate Guardian

Join Date: Nov 2005

Texas

There Is No Cow Level [cow]

it's no different than the real world economy. people buy and drive Escalade's and LX-400's for compensation, just like they buy the Sundering 10/10 Fell Blade of Fortitude +30 for compensation. My VW Golf gets the job done just as well, as does my Zealous Ascalon Bow of Shelter that I got for essentially free

Kauh

Kauh

Ascalonian Squire

Join Date: Nov 2005

CDN

Bloodrising Organisation

E/N

2 words
supply and demand

The economy is directly based on what people are charging on a day-to-day basis.

unienaule

unienaule

I dunt even get "Retired"

Join Date: Aug 2005

Fifteen Over Fifty [Rare]

Quote:
Originally Posted by Slade xTekno
The GW economy is like building a computer - the second best parts will cost you half as much.
Except for GW, it's more like 10% as much, if that.

ghezbora

Frost Gate Guardian

Join Date: Nov 2005

Texas

There Is No Cow Level [cow]

Quote:
Originally Posted by unienaule
Quote:
Originally Posted by Slade xTekno
The GW economy is like building a computer - the second best parts will cost you half as much.
Except for GW, it's more like 10% as much, if that.
Also important to note that the 2nd best parts perform 99% as well as the the best ones

Sharade Aryn

Pre-Searing Cadet

Join Date: Dec 2005

Children of Ariandor

Me/R

Quote:
Originally Posted by Arturo02
I tried this approach with Calissa Sedgwick early on in the game, trying to get the belt pouch. We dated for like two weeks. I took her to the finest restaurants in Lion's Arch. We danced under the moonlight at Kryta.

Always the same response...

"I require four charr hides"
You are freaking funny.

Ultimate Warrior

Ultimate Warrior

Krytan Explorer

Join Date: Dec 2005

Canada

LS

W/Mo

150k is nothing I can make that much in a few hours, and spend it in a matter of minutes. So dont be saying that 150k is unnecesary.

Quote:
Originally Posted by ghezbora
people buy and drive Escalade's and LX-400's for compensation, just like they buy the Sundering 10/10 Fell Blade of Fortitude +30 for compensation. My VW Golf gets the job done just as well, as does my Zealous Ascalon Bow of Shelter that I got for essentially free
.... VW sucks... escalades are a million times better.