Elder wood prices, will it last?

Elder wood prices, will it last?

in Black Lion Trading Co

Posted by: nirvana.8245

nirvana.8245

So they are hitting 11c at present. Will this price continue to stay low? Or will it go back up? Isn’t it only low at present because foxfire is required for living story backpiece? What will happen when people stop farming foxfire for the backpiece?

Elder wood prices, will it last?

in Black Lion Trading Co

Posted by: Wanze.8410

Wanze.8410

it will stay low unless anet introduces a new sink for elder wood.

Tin Foil [HATS]-Hardcore BLTC-PvP Guild
Bloin – Running around, tagging Keeps, getting whack on Scoobie Snacks.

Elder wood prices, will it last?

in Black Lion Trading Co

Posted by: Charming Rogue.8071

Charming Rogue.8071

People will never stop farming for foxfire as long as there is a demand for foxfire. And the backpiece/living story is permanent content. So we’re probably looking at a Thick Leather v2, useless forever.

Desolation – EU – [KING] – Immortal Kingdom

Elder wood prices, will it last?

in Black Lion Trading Co

Posted by: Ohoni.6057

Ohoni.6057

I think most players will be set within a month or two, so if they don’t add new needs for Foxfire, there will always be a demand, but a trickle of demand, meaning that farming for Foxfire will no longer be worth it. People will harvest Elder at about the rate they used to. I think the price of Elder will stay low, but it will rise from where it is now.

“If you spent as much time working on [some task] as
you spend complaining about it on the forums, you’d be
done by now.”

Elder wood prices, will it last?

in Black Lion Trading Co

Posted by: gobax.6185

gobax.6185

Ever since release, the prices of wood and leather remained the same as the lowest among the three.

But yeah probably it will reach 20copper max not more.

Elder wood prices, will it last?

in Black Lion Trading Co

Posted by: Zaxares.5419

Zaxares.5419

Yeah, prices for Foxfire have been on a slow but steady decline over the last two weeks. I fully expect this trend to continue since demand for Foxfire will peter out as more and more players get their Mawdrey backpieces (and only one is needed per entire account), but the supply of Foxfire will only grow as players never stop harvesting Elder Wood.

At the same time, I expect more players to craft level 80 Rare staves (and maybe bows) to throw into the Forge for gambling while prices are low.

Elder wood prices, will it last?

in Black Lion Trading Co

Posted by: Drarnor Kunoram.5180

Drarnor Kunoram.5180

Artificer rares are definitely a good sink for elder wood. Personally, I craft them, then salvage to pop ectos into existence, but there’s nothing wrong wirh forging them either.

Dragonbrand |Drarnor Kunoram: Charr Necro
http://www.twitch.tv/reverse830
I’m a Geeleiver

Elder wood prices, will it last?

in Black Lion Trading Co

Posted by: pdavis.8031

pdavis.8031

I expect elder wood prices to actually rise with the start of the tournament. Elder wood is used to upgrade siege blueprints to superior. So while there is a huge influx now, much of that is going to be used up with the tournament, and prices will go back up.

“You know what the chain of command is?
It’s the chain I beat you with until you
recognize my command!”

Elder wood prices, will it last?

in Black Lion Trading Co

Posted by: Vol.7601

Vol.7601

I expect elder wood prices to actually rise with the start of the tournament. Elder wood is used to upgrade siege blueprints to superior. So while there is a huge influx now, much of that is going to be used up with the tournament, and prices will go back up.

There is simply too much elder wood in the market right now and in the near future to overcome the small demand for siege blueprints.

Unless anet works on a new sink for elder logs, I do not see it going up anytime soon.