You do realise that prices on the Trading Post are set by players and not Arenanet right?
Also you may not care that it’s used to craft a legendary but a lot of people do and that’s why it costs so much. People don’t buy Dawn because they want Dawn, they buy Dawn to make Sunrise.
If you just want that skin buy Khrysaor, the Golden Sword. It’s exactly the same and a lot cheaper.
Danielle Aurorel, Dear Dragon We Got Your Cookies [Nom], Desolation (EU).
i know that the prices are set buy players …but if anet raise the drom rate or something..
for example look what happend to “monocle”
all im saying is that an exotic weapon shouldn’t have a price that hight and something should be done about it
peace
IIRC John Smith once said by increasing a drop rate for such an item would actually casuse the price to increase…he had graphs and charts to prove it too
“You know what the chain of command is?
It’s the chain I beat you with until you
recognize my command!”
you guys don’t get do you?
i said that an exotic weapon/item should have a price for an exotic weapon/item
and it doesn’t matter if i want the weapon or its skin or whatever
and if a weapon is used as crafting material should have a price for a crafting material
and i you guys think that its fair for someone to get a weapon for 20 then someone else get it for 1kg or more that’s your opinion
you guys don’t get do you?
i said that an exotic weapon/item should have a price for an exotic weapon/item
and it doesn’t matter if i want the weapon or its skin or whatever
and if a weapon is used as crafting material should have a price for a crafting material
and i you guys think that its fair for someone to get a weapon for 20 then someone else get it for 1kg or more that’s your opinion
peace
so it would be fair to drop the price back to 20g after thousands of players paid 1000g for it? What about all those who paid more? will they a refund? Or would they just be out 980g?
Again, as it’s been said before, the price isn’t controlled by Anet in the least. It’s controlled by the players. Period. As the item has become much more desirable, (higher demand) the drop rate is still the same (and won’t be changed) (aka Supply) thus resulting in a higher price.
“You know what the chain of command is?
It’s the chain I beat you with until you
recognize my command!”
It appears OP wishes the drop rate on Dawn, and one assumes all precursors, to be increased so greatly that the price collapses to 20 gold.
I have no idea how much that would take but ANet would practically have to give them to you just for logging on. I don’t think OP has thought this through and the likelihood of his wish happening hovers around zero percent chance.
I’m pretty sure 99.99999999999% of players that buy Dawn do not use it as an exotic weapon but rather an ingredient in crafting, whereas 99.999999999% of players that craft ascended weapons use them as weapons and not anything else. thus, they are not comparable.
It was 20g (sell orders 50g) when the playerbase didn’t have a lot of money and the TP just opened. In a month it was 240g. In 6 months it was over 500g. 675g after a year.
If there is only X dawns arriving on the TP daily, then the price will rise to reflect the wealth of the richest X players wanting it.
i know that the prices are set buy players …but if anet raise the drom rate or something..
for example look what happend to “monocle”
all im saying is that an exotic weapon shouldn’t have a price that hight and something should be done about it
peace
IIRC John Smith once said by increasing a drop rate for such an item would actually casuse the price to increase…he had graphs and charts to prove it too
actually he said, that a specific set of occurences, with a specifc timing, and specific means could lead to that effect, not that it would always be the case. He later pointed this out when people brought it up in relation to chaos of lyssa
i know that the prices are set buy players …but if anet raise the drom rate or something..
for example look what happend to “monocle”
all im saying is that an exotic weapon shouldn’t have a price that hight and something should be done about it
peace
IIRC John Smith once said by increasing a drop rate for such an item would actually casuse the price to increase…he had graphs and charts to prove it too
actually he said, that a specific set of occurences, with a specifc timing, and specific means could lead to that effect, not that it would always be the case. He later pointed this out when people brought it up in relation to chaos of lyssa
These are the quotes I was refering to: (took a bit to find)
One more time:
1. “In economics, a shock is an unexpected or unpredictable event that affects an economy” This would be neither. Just because two terms are similar doesn’t mean they can be used interchangeably.
2. I’m not trying to touch on anything in particular, I’m informing you about how life works.
3. It’s not a sine curve, nor is it a supply curve, nor is it lacking a demand curve. It’s a representation of the shape of changing price over time or quantity.
4. You have a good grasp of elasticity, but I’m referring to a more complicated concept here, one that’s specifically visible in virtual economies, but present in other economies as well, depending on the state of the market.
Ensign – this is to your question as well.
We’ve seen before that at certain points in certain markets, changes to the supply side of the equation has resulted in an effect that is opposite of what was expected. We noticed that shifting the supply side equation caused the demand side of the market to shift even further. As people see the changes in the game many of them decide to enter the market. The changes to the in game content, cause a change in individual preferences. The phenomena falls off pretty quickly as you push harder on the supply side, but small changes so far have resulted in increased demand due to changing preferences. That’s why if we were to increase the input by 10 prices would drop, but if we were to increase it only slightly, prices would most likely go up
Yeah, that was still rather vague to say the least. The whole notion of a phenomenon occurring outside of what was expected and expectations shifting in accordance to said phenomenon until an observable breaking point really does not help prove the topical point.
The OPs point? He didnt seem to have a point aside from making demands to Anet (which basically ensures that this will never be read by them) and QQing about precursors being too expensive. Which it is be expected, as they are in more demand.
“You know what the chain of command is?
It’s the chain I beat you with until you
recognize my command!”
The topical point is just more of the typical nonsense we see on a daily basis here … Set a fixed price on items based on it’s rarity? We all know that’s not how GW2 works now or can it ever work that way. (BTW, even if precursors were a fixed price … do you REALLY think it would be priced like a ‘typical’ exotic, whatever price that is?)
Why even suggest such a thing … unless someone is clueless or simply venting frustration … Thread is close-worthy.
Not the OP’s point. The point of increasing the rate at which precursors are available. JS noted that the increase in supply would only have a corresponding increased in demand give a certain set of variables. He then further noted that it turns away from that phenomenon rapidly (would lower prices) once pushed past those specific variable values.
Basically it says that they know how to decrease prices via increasing supply, but they don’t want to for various reasons.
To be fair, the OP at best made an incoherent rant but what is clear .. he’s after cheaper.easier to get/more frequent precursors. Whatever it takes to allow him to get one because he’s unwilling to get one at the current price.
I don’t see the issue … precursors rise in price inline with the general increases of other materials price increases. That’s what any reasonable person would expect to happen. It’s all relative.
i know that the prices are set buy players …but if anet raise the drom rate or something..
for example look what happend to “monocle”
all im saying is that an exotic weapon shouldn’t have a price that hight and something should be done about it
peace
IIRC John Smith once said by increasing a drop rate for such an item would actually casuse the price to increase…he had graphs and charts to prove it too
actually he said, that a specific set of occurences, with a specifc timing, and specific means could lead to that effect, not that it would always be the case. He later pointed this out when people brought it up in relation to chaos of lyssa
These are the quotes I was refering to: (took a bit to find)
One more time:
1. “In economics, a shock is an unexpected or unpredictable event that affects an economy” This would be neither. Just because two terms are similar doesn’t mean they can be used interchangeably.
2. I’m not trying to touch on anything in particular, I’m informing you about how life works.
3. It’s not a sine curve, nor is it a supply curve, nor is it lacking a demand curve. It’s a representation of the shape of changing price over time or quantity.
4. You have a good grasp of elasticity, but I’m referring to a more complicated concept here, one that’s specifically visible in virtual economies, but present in other economies as well, depending on the state of the market.
Ensign – this is to your question as well.
We’ve seen before that at certain points in certain markets, changes to the supply side of the equation has resulted in an effect that is opposite of what was expected. We noticed that shifting the supply side equation caused the demand side of the market to shift even further. As people see the changes in the game many of them decide to enter the market. The changes to the in game content, cause a change in individual preferences. The phenomena falls off pretty quickly as you push harder on the supply side, but small changes so far have resulted in increased demand due to changing preferences. That’s why if we were to increase the input by 10 prices would drop, but if we were to increase it only slightly, prices would most likely go up
right, and he basically said later that is a very specific set of circumstances that may not occur in different situations, being that we are months from when he said that, and have different economy, I dont think we can reference that possibility as a rule for precursors in general
The point I made a long time ago about precursor rates increasing price was speaking to an anomaly that can/did occur with a very specific set of market circumstances. It does not automatically applies to other markets or changes.
i didn’t say that the price should go down to 20g …all im saying is that 1000g is not a price of an an axotic weapon or a crafting matierial
so the real question is …is legendary even worth crafting it since its price getting closer and closer to the legendary it self?
peace
Obviously you haven’t grasped the idea that the designation of the weapon doesn’t determine it’s price. It’s not a logical connection to make. Prices for ‘stuff’ is really determined by a few things, but never what it’s called or some defining label attached to it.
There is no legendary that is ‘close’ in price to it’s corresponding precursor. There never was.
i didn’t say that the price should go down to 20g …all im saying is that 1000g is not a price of an an axotic weapon or a crafting matierial
so the real question is …is legendary even worth crafting it since its price getting closer and closer to the legendary it self?
peace
Obviously you haven’t grasped the idea that the designation of the weapon doesn’t determine it’s price. It’s not a logical connection to make. Prices for ‘stuff’ is really determined by a few things, but never what it’s called or some defining label attached to it.
There is no legendary that is ‘close’ in price to it’s corresponding precursor. There never was.
i’ve come to a conclusion that you ppl don’t read …but i will say it one more time…
i did not say it was close to the price of the legendary i am saying it is probably will …who knows and that doesn’t matter the question is …the ways to get gold in gw2 didn’t change that much but the prices has gone out of controle and i said an exotic weapon/crafting material/precurcor or whatever you want to call it should not have a price like that …and if you don’t like what i said or your mind choose to not process it
forget all of it…ask your self one question>what about ppl that are passioned about legendaries and want more than one what about ppl that want all of them for example ? >is it fair to buy eatch “precurcor” with 1000g if not more…
please open your mind read and think outside the box and please don’t let me repeat what i said because i won’t
That prices vary wildly for exotics based on looks and functionality doesn’t bother me. The anomaly is exotic and costs 120 gold because it costs a lot to make and looks good. Why do you think that an exotic with great functionality (ie, can be forged into a legendary) should be cheap?
i did not say it was close to the price of the legendary i am saying it is probably will …
Probably doesn’t matter though … think about how that sounds … it sounds silly. Please change this because it MIGHT happen … RIGHT. IN fact, it probably wont … the difference in the legendary/precursor price will always be related to the sum of the price for the mats needed to craft the legendary, not including the precursor. That’s what has always been the case, there is no reason to believe otherwise.
ask your self one question>what about ppl that are passioned about legendaries and want more than one what about ppl that want all of them for example ? >is it fair to buy eatch “precurcor” with 1000g if not more…
What about them? I don’t see your point. Are you suggesting we make it EASIER because people might want ALL the legendaries? Why should it be easier to get if you want MORE of them? What kind of logic is that? Are YOU serious? I’ve come to the conclusion you can’t be. That’s just ridiculous.
Lewi, I understand what you are saying. Basically the price of an item has skyrocketed, but the rate at which we are earning gold has not increased by much. This is sadly how economies work.
Like someone quoted JS above, the “anomaly” he was detecting is basically the same thing. When you increase the wealth of players just slightly, their purchasing power increases as well pushing the prices of goods up. So basically when dawn cost 20g just a handful of players had 20g and could afford it, but as player wealth increased the price of Dawn increased proportionately to how rich this small handful was.
That prices vary wildly for exotics based on looks and functionality doesn’t bother me. The anomaly is exotic and costs 120 gold because it costs a lot to make and looks good. Why do you think that an exotic with great functionality (ie, can be forged into a legendary) should be cheap?
because it WAS cheap…and for the 100000 time i didn’t say we want it to be cheap i said 1000g is simply and abviously too much for 1 thing to addd it with alot more expansive things to craft something
There isn’t anything obvious or simple about the current prices for precursors. You oversimplifying the problem. The precursors were NEVER cheap because the prices you are comparing are RELATIVE to other materials in the game. When precursors were 20g, 20g was ALOT of gold and that that point in time, no one would have described a 20g item as cheap. It’s no different than saying a car 30 years ago was ‘cheap’ because it was only $8K. Back then, $8K was not cheap.
oh now i see…there all kinds of ppl here …ppl who say that how the economic is and ppl
who buy the directly…ppl who just don’t care….and ppl who already had the chap legendary before and don’t want ppl to have it too
every reply was someone from this category or others..and it is not my problem if you don’t see that
if you want such a weapon/precursor …whatever name you wanna give it to have such a price or more han that price be my guest…i am not going to buy a legendary from TP
its a scandle and its just for lazy ppl
what i think is more ppl = prices increase with ….and all that anet do is nerf gold (not in a good way)
There isn’t anything obvious or simple about the current prices for precursors. You oversimplifying the problem. The precursors were NEVER cheap because the prices you are comparing are RELATIVE to other materials in the game. When precursors were 20g, 20g was ALOT of gold and that that point in time, no one would have described a 20g item as cheap. It’s no different than saying a car 30 years ago was ‘cheap’ because it was only $8K. Back then, $8K was not cheap.
i still don’t understand why you ppl focused on the 20g part…but that’s just how your mind works i can’t blame you
and obtena saying that when i bought the game 20g was alot of money
you ppl are ALL right and i am wrong …guess the problem is not anet
i still don’t understand why you ppl focused on the 20g part…but that’s just how your mind works i can’t blame you
People are focused on it because it’s one (of many) nonsensical statements you are using to claim something is ‘wrong’ when it’s simply your lack of understanding. If a precursor was ever 20g, whenever that was, I can guarantee that it was as difficult to get 20g at that time as 1000g is now. The pricing of everything is more or less relative to the mats that get used to make it, within variation of course but I won’t bother explaining what that means because it’s too far over your head or your just not willing to listen.
Since the precursors drop ingame from mobs at around a 0% level, this means most are made by Mystic Forging.
One person reported a 0.79% chance per 4 exotics put into the forge. http://smrrd.de/static/gw2/precursor.html
It took him, on average, 378 exotics to get a precursor. If you calculate the current cost to craft or buy 378 greatswords, this will tell you why Dawn is so high in price.
Dawn is not one exotic. It’s hundreds of exotics rolled into one.
why Dawn went from 20g to 999g ? and its still increasing
why an exotic weapon is cost more than crafting an ascended weapn?
is it fair to sell ppl a weapon for 20g then with time sell it with 999g ?
are you serious anet?
Yeah… I don’t know why people would get the idea to focus on 20 gold from…
it is abviously one question in all the questions i asked and i mentioned it because it is a fact but ppl are focusing on the “20g” from all the topic i wrote
but if you’re craving attention with being sorcastic thats your problem
The answer to why Dawn went from 20 to 1000 is: Inflation.
The answer to exotic costing more than ascended is: Exotic designation doesn’t determine price of weapon
The answer to your other question about fairness is: YES, it’s fair
I’m pretty sure the answer to the question if Anet is serious is: YES, they are.
You can’t really blame people for focusing on these points; to most people the answers are obvious and reasonable. Anyone asking them is instantly assumed to be a massive troll/QQ.
Since the precursors drop ingame from mobs at around a 0% level, this means most are made by Mystic Forging.
One person reported a 0.79% chance per 4 exotics put into the forge. http://smrrd.de/static/gw2/precursor.html
It took him, on average, 378 exotics to get a precursor. If you calculate the current cost to craft or buy 378 greatswords, this will tell you why Dawn is so high in price.
Dawn is not one exotic. It’s hundreds of exotics rolled into one.
and you think that’s good for players?
i am asking because you didn’t reply …you didn’t have any opinion whatsoever …you just copy paste some facts from a site
The answer to why Dawn went from 20 to 1000 is: Inflation.
The answer to exotic costing more than ascended is: Exotic designation doesn’t determine price of weapon
The answer to your other question about fairness is: YES, it’s fair
I’m pretty sure the answer to the question if Anet is serious is: YES, they are.
You can’t really blame people for focusing on these points; to most people the answers are obvious and reasonable. Anyone asking them is instantly assumed to be a massive troll/QQ.
i didn’t ask you unless you work for anet …i asked anet..
answers from anet and openion( agree or disagree ) from players
Since the precursors drop ingame from mobs at around a 0% level, this means most are made by Mystic Forging.
One person reported a 0.79% chance per 4 exotics put into the forge. http://smrrd.de/static/gw2/precursor.html
It took him, on average, 378 exotics to get a precursor. If you calculate the current cost to craft or buy 378 greatswords, this will tell you why Dawn is so high in price.
Dawn is not one exotic. It’s hundreds of exotics rolled into one.
and you think that’s good for players?
i am asking because you didn’t reply …you didn’t have any opinion whatsoever …you just copy paste some facts from a site
Is it good for players?
What are the consequences of increasing drop rates of Dawn now?
Would Dawn decrease in price? A previous post said no.
This is what I think, not being an trained economist, just an educated layperson. If people thought they had a better chance of getting Dawn from the forge then more people would try. This means they would be crafting or buying more greatswords. Demand for rare and exotic greatswords would go up. Increased demand would lead to increased prices. The prices for the mats needed to make them would go up. If people are selling rares and exotics rather than salvaging them, then ecto supply decreases and ecto prices go up. If less people are salvaging the more expensive ectos, then the T6 dust prices go up.
Is a general increase in prices a good thing? For me, speaking as someone who gets my money from selling mats, yes. For those trying to make Dawn, no. It may take less tries to get it without costing less and it punishes those trying to learn crafting.
Edit: More specifically, to what I said in the previous post. You can’t base the price on Dawn being an exotic when it’s actually ~400 exotics all rolled into one. Even if the drop rate was doubled, it would still be worth ~200 exotics and if demand increases the prices for the component exotics then the price may even higher than it is now.
The answer to why Dawn went from 20 to 1000 is: Inflation.
The answer to exotic costing more than ascended is: Exotic designation doesn’t determine price of weapon
The answer to your other question about fairness is: YES, it’s fair
I’m pretty sure the answer to the question if Anet is serious is: YES, they are.
You can’t really blame people for focusing on these points; to most people the answers are obvious and reasonable. Anyone asking them is instantly assumed to be a massive troll/QQ.
i didn’t ask you unless you work for anet …i asked anet..
answers from anet and openion( agree or disagree ) from players
got it? if you don’t ill pray for you
peace
Well, you made a post on an open forum established for the players by Anet where players make posts to communicate to each other … you should expect players to answer you, especially if the answers are obvious. Ignoring them doesn’t make those answers less relevant.
I mean, you’re actually expecting Anet to tell you why Dawn has increased from 20g to 1000g and their answer is going to be different than the one provided? What exactly are you expecting? A detailed thesis complete with some economics textbook theory … from Anet devs no less? You would still continue to QQ about the price even if provided the most through explanation by the most authoritative individual, so why would they even bother? Your no different than anyone else that has ever complained about this.
You’re obviously new here … I can save you some aggravation if you would like.
why Dawn went from 20g to 999g ? and its still increasing
why an exotic weapon is cost more than crafting an ascended weapn?
is it fair to sell ppl a weapon for 20g then with time sell it with 999g ?
are you serious anet?
Yeah… I don’t know why people would get the idea to focus on 20 gold from…
it is abviously one question in all the questions i asked and i mentioned it because it is a fact but ppl are focusing on the “20g” from all the topic i wrote
but if you’re craving attention with being sorcastic thats your problem
By reading this thread, it’s clear that you have zero knowledge about economics. You’re instead relying on personal feelings and opinions on how things “should” be. This is just like a lot of other threads where people deviate from relying on facts but opinions instead.
You’re whole argument is flawed. “An exotic should be sold for an exotic.” It’s more than an exotic, as has been said multiple times now. “It should be sold for the price of a crafting material” a precursor is a crafting material, so yes it is being sold for the price of a crafting material.
You are being ignorant of peoples answers and expecting a dev to respond to someone making “demands.”
What’s clear to me is that in spite of the OP clearly demonstrating an unwillingness to put any effort into researching previous discussion threads before posting an incoherent rant likely stemming from looking at the all time price graph from gw2spidy… Lewi still manages to troll a fair number of people into bothering to attempt answering this circular mind.
Even I am sucked into this…
Lewi, when you start the application process for whatever college or university you plan to go to, I recommend including economics, political science and philosophy options in your course load. Until then, more studying and less video games!
why Dawn went from 20g to 999g ? and its still increasing
why an exotic weapon is cost more than crafting an ascended weapn?
is it fair to sell ppl a weapon for 20g then with time sell it with 999g ?
are you serious anet?
Yeah… I don’t know why people would get the idea to focus on 20 gold from…
it is abviously one question in all the questions i asked and i mentioned it because it is a fact but ppl are focusing on the “20g” from all the topic i wrote
but if you’re craving attention with being sorcastic thats your problem
By reading this thread, it’s clear that you have zero knowledge about economics. You’re instead relying on personal feelings and opinions on how things “should” be. This is just like a lot of other threads where people deviate from relying on facts but opinions instead.
i believe that ppl with strong opinion can change the facts…i did call the price is a fact but i don’t really beleive its a fact because the price can change just like Monocle’s
You’re whole argument is flawed. “An exotic should be sold for an exotic.” It’s more than an exotic, as has been said multiple times now. “It should be sold for the price of a crafting material” a precursor is a crafting material, so yes it is being sold for the price of a crafting material.
You are being ignorant of peoples answers and expecting a dev to respond to someone making “demands.”
1>so you are saying that 1000g is a fair price of a crafting material?
2>last time i cheked it is an exotic
3>it is not an argument it is a topic
You’re whole argument is flawed. “An exotic should be sold for an exotic.” It’s more than an exotic, as has been said multiple times now. “It should be sold for the price of a crafting material” a precursor is a crafting material, so yes it is being sold for the price of a crafting material.
You are being ignorant of peoples answers and expecting a dev to respond to someone making “demands.”
1>so you are saying that 1000g is a fair price of a crafting material?
2>last time i cheked it is an exotic
3>it is not an argument it is a topic
peace
There is nothing that defines a ‘fair’ price for anything in this game (and consequently, the process of making a precursor does in fact dictate that 1000g is a fair price). The fact it’s an exotic is irrelevant to it’s price and finally, people are free to inform you why you’re wrong, so the next time (god forbid) you decide to complain, it’s more coherent and fact-based, as unlikely as that is appearing right now.
