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sexander

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Ecto prices going up or down?

ok, so i got 250k in storage and farmed about 150 ecto till now, what should i do : Sell all ecto with about 3k each and get rank 2 sweet tooth -OR- farm more ectos and wait till Anet nerfs Shadow Form, loose favor and ecto price goes up again?

07/01/08 15:35

miss healing monkey

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RE: Ecto prices going up or down?

QUOTE

farm more ectos and wait till Anet nerfs Shadow Form, loose favor and ecto price goes up again?

How can you be so sure its getting nerfed?

but with the ending of favor , i think they will go up soon.

07/01/08 15:38

Bubbada Muse

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RE: Ecto prices going up or down?

if you read the dev updates on the official wiki here
you can see what the devs plan on doing, and as it says they are looking into nerfing shadwow form

07/01/08 16:06

mwpeck

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RE: Ecto prices going up or down?

QUOTE

if you read the dev updates on the official wiki here
you can see what the devs plan on doing, and as it says they are looking into nerfing shadwow form

No it doesnt, it says they are still evaluating the efficiency of it. Meaning they might think it makes it too easy, or they might think its just fine. Doesnt mean they will nerf it, it means they might. :P


Characters: • Crimson The Fierce • Combustible Crimson • Crimson Denied • Crimson The Sniper • Crimson The Healer • Crimson The Reaper

07/01/08 16:20

retro77

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RE: Ecto prices going up or down?

Wow, I havent been on in awhile, ectos really 3k?

07/01/08 16:42

CorruptNinja

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RE: Ecto prices going up or down?

QUOTE

if you read the dev updates on the official wiki here
you can see what the devs plan on doing, and as it says they are looking into nerfing shadwow form

Could really care less myself, I dont ever use SF nor am I in need of Ectos.If they think it makes things 'too easy' then they should nerf some other stuff as well.

QUOTE

Wow, I havent been on in awhile, ectos really 3k?

Yea, the recent Shadow Form Buff has 'ruined the economy' Rune Traders are sold out of Sup. Shadow Arts Runes, players are sellin em for 15k each...I can think of a few other things that have 'ruined the economy' but somehow remain untouched.

***THIS POST HAS BEEN EDITED***

07/01/08 16:43

Hardstrike

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RE: Ecto prices going up or down?

Well ive made a sin last week (woo 2nd char), got em lvl 20 and tried the A/Me UW build.. (havent got EotN so couldnt do the A/E. glyph..)

anyway.. It was really way too easy.. the only hard part was learning the run, once your there you get lots of drops. I managed to get 30 ectos in no time. sponsored crush's FoW with it and left GW again :P

I don't know what Anet is trying to do with the economy.. but there are just to many ectos in people's storage boxes. if the prices go up people will take them out and sell em again.. so the prices goes down. My guess is that it will stay around 3k, might go up a bit but not passed 4k/5k I think..

07/01/08 17:04

jaffar_al_kahyet

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RE: Ecto prices going up or down?

Woah I'm majorly glad I don't play anymore, ectos are seriously 3k now? That would of pissed me off so much.

Age of Conan: Aeson ~ Battlescar [PvP-En] ~ Cimmerian Barbarian
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07/01/08 17:26

stanzhao1

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RE: Ecto prices going up or down?

i dont think ecto prices have recovered since the free uw weekend. that and the whole duping thing. and the double lightbringer rep weekend giving so much favor.

but i expect the prices will go up and down.

but you just have to look else where until the prices slowly rise again. like has anyone seen the price of a shard now? or the price of an uw scroll?

and also remember how cheap black dyes once were? look at the price now? everyhting has its ups and downs, but ectos... meh, i expect they'll rise, but never past the 5-6k mark.

07/01/08 17:40

everdream

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RE: Ecto prices going up or down?

sigh* everyone always talks about ectos, no one ever talks about shards!

shards are on the steady rise lately, but no one ever talks about that.

as i'm looking at it, this day of July 1, 2008, Ecto Price at the trader is 3.7k and shards are 2.8k... a month ago you could buy shards for 900g a pop, 1.1k from the trader!

ecto prices have fallen, yes, indeed they have, everything fluctuates quite a bit in terms of percentage.

lets take Leather Squares, another item that's very common in demand, it just costs less. They will range really from any given week from 170-230 gold, this is based on averages and i am constantly checking pricing on them out as i farm them.

anyway, for an example of margins, i'll take the low costing of 170 and compare it to 230 for leather squares, then i'll take the same numbers for ecto's and what we "think they should be worth" and do the same thing.

so, compareing the GM of 170 vs. 230 there is a 26% increase in GM buying it at the higher price, meaning i suppose, if you bought it for 170 and sold it for 230, you'd be grossing out 26% profit.

now, that 26% in GM also represents a 37% Mark Up compared the the low price... market trend, hopefully i don't lose anyone, MU and GM are different.

now, let's compare Ecto.

it's curren't at 3.7k... for the longest time it was stabilized at 4.5k at the trader... (4.5k might even be high)

well, 3.7k compared to 4.5k only represents a difference of just a little over 17% in price fluctuation in terms of GM... now, MU is by comparrison is all but 22% in difference...

this is less than that of Leather Squares in terms of % differences, but because the numbers involved at bigger, people tend to notice it way more...

now, Shards on the other hand, there's a big difference in that...

again, it was stable for a long time at about 1.4k lets say (1.2-1.5k for the last few months)... now it's 2.8k!

that's a change of 50% GM and 102% MU!!! big change in the market there by comparsion to Ecto.

i'd say the people that held onto their shards could really cash in right now!

in regards to ecto's, don't worry, ecto is the oil of GW, every rich tycoon needs it and more of it, currently the demand is high, but so is the supply, once the supply cannot meet demand again (believe me, it will happen again) then you'll see a steady rise in the price of ecto's again where it will almost definately stabilize out at around 4.5k again.

so, hold onto it for now, maybe direct some farming into the FoW rather than the UW and cash in on an item that's actually doing well on the market by comparison!

All lies and jest, still a man hears what he wants to hear and disregards the rest.

07/01/08 18:26

mwpeck

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RE: Ecto prices going up or down?

The rise in shard prices is probably due to the drop in ecto prices. Ecto and shards are used for the same thing, with ecto's dropping, more people can afford obsidian armor, therefore more people are buying shards, therefore the price rise in shards.


Characters: • Crimson The Fierce • Combustible Crimson • Crimson Denied • Crimson The Sniper • Crimson The Healer • Crimson The Reaper

07/01/08 18:34

CorruptNinja

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RE: Ecto prices going up or down?

All so true everdream, I mean look at feathers! Before EotN they were so cheap. But now due to Con Sets theyre actually worth killing a few birds for some money now. The stability of the economy is based on supply and demand. With so many SF Farmers now, hardly anyone even bothers to buy Ectos anymore. If/When SF gets nerf'd they could rise again. I doubt it though

07/01/08 18:42

everdream

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RE: Ecto prices going up or down?

QUOTE

that's part of why shards have gone up, indeed.

other reason shards could be on the rise is less and less people farming them, instead turning to the more favorable (for now) and easier to farm ectoplasm.

it's all S&D, just like everything, everywhere, ever.

ps. i used a tool called a "profit wheel" to do all those quick calculations rather than punch it out.

possibly the greatest market invention ever for rough calculations on the go that i use pretty much every day of work. lol.

All lies and jest, still a man hears what he wants to hear and disregards the rest.

07/01/08 19:15

Chrisworld

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RE: Ecto prices going up or down?

IMO the market crashed on guildwars pretty far. When i finally got ectos, awhile back they were only like 5k, when you COULD sell them for alot more previously, its like when all of the sudden i get ectos and black dye commin out my rear BAM the prices drop and im left with crap that i want fair value for, pretty soon people will be using black dye and ectos as currency (if they don't already) worth more then gold just like SoJ's on Diablo 2.

07/01/08 19:44

Rogue

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RE: Ecto prices going up or down?

Supply+Demand does not = market crash.

IGN: Rogue Mysst. Guest me for GvG.

07/01/08 19:49

mwpeck

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RE: Ecto prices going up or down?

QUOTE

Supply+Demand does not = market crash.

I agree.

Chris, think about it this way, markets in any game need a currency beyond gold. You speak of D2, gold never really meant anything in D2. Each character can hold what like 9 million gold (at a high level)? In GW, each character can hold 100 plat. In D2, the most expensive item a merchant has is maybe a few hundred thousand, lets say 500k. Thats roughly 5% of your total amount you can carry. In GW, each piece of 15k armor costs 15k (less on some pieces). Thats 15% of your total gold, with what like 5 armor pieces thats 75% of the gold you can carry on one character.

Thats before buying materials. That being said, if you wanted 1 set of 15k armor on all your characters, without using black dye or ecto, you would barely be able to hold enough gold to get the armor. This of course is not counting the storage, but you get my point.

Its like having money with no gold to guarentee the value of money......it just doesnt work that way.


Characters: • Crimson The Fierce • Combustible Crimson • Crimson Denied • Crimson The Sniper • Crimson The Healer • Crimson The Reaper

07/01/08 20:13

everdream

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RE: Ecto prices going up or down?

QUOTE

Supply+Demand does not = market crash.

No, it doesn't mean a crash and the market didn't crash in GW, ecto prices have merely dropped 1k roughly.

but when the supply of anything is high and the demand is low, the supply is worth less than it is if the demand was high... that's pretty basic for worldwide economy even away from GW LOL!...

take into consideration the Mini Pet Varesh vs. the Mini Pet Kuunavang... people never anticipated the CE Green Mini Pet from Factions to ever hold such a high value at the lauch of the factions campaign. After people realized how much Kuuny rocked and how few of them there were (she used to be 40-50k when factions came out) the price went up. Varesh on the other hand, didn't rock as hard and there were way more of them, so she fell off the scale, though on day 1 in Kamadan when NF came out, Varesh was selling for the same price as Kuuny was originally, now, she's at 5-15k, pending on the buyer, whereas Kuuny is 100K+.

it's why a mini panda is worth a crap load of money and a mini jade armor is not by comparison. supply and demand does dictate a market price with everything. 3rd year mini's have already dropped and it's only been a couple months and the drops been about 20-30k. that's substantial, a 40%+ drop in 2 months... why? more people's toons are turning 3, the market is becoming more flooded with 3rd year mini pets... it's again S&D and a very simple concept.

S&D does dictate markets.

except oil, which is a special exception to the rule, that's called "market gauging" or "artificial inflation"

All lies and jest, still a man hears what he wants to hear and disregards the rest.

07/01/08 23:35

RevBudGreen

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RE: Ecto prices going up or down?

QUOTE

farm more ectos and wait till Anet nerfs Shadow Form, loose favor and ecto price goes up again?

How can you be so sure its getting nerfed?

but with the ending of favor , i think they will go up soon.

Favor might end, but there are still scrolls. Won't change a thing. Bottom line, its an over powered skill. But oh well, if it makes it fun for people, then who cares.

PETA....IT'S WHAT'S FOR DINNER

07/02/08 00:23

The Warrior Of Timi

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RE: Ecto prices going up or down?

Ecto prices are going down all the time. Its started with the 55's that soloed UW. then 55/SS/SV and 600/Smite. It dropped a lot when the VwK Build came. (remember the free UW/FoW weekend)

Just invest in Zaishen Keys. there is a high demand for it and easy to get. And you make 5k/Key

07/02/08 00:51

maddog199

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RE: Ecto prices going up or down?

So basicly, GW economics if Free Market type and we've just about got hit by our first Great Depression (in terms of the more high-end porducts that is)?

Further more, don't you think that when people will be selling those more expensive/stable common/rare goods enough again that the prices will drop their to?

I personally think the economy of GW is just not adepted enough for so many farmers/so fast farming.
We need a New Deal or something =P

07/02/08 03:51

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