Guild Wars 2

Hey folks. I’ve been watching the Gold for Gems exchange rate for a couple days, waiting for the price to drop a bit. Yesterday the price steadily fell all day long and the chart showed this with a long, slow downgrading trend. Like a smooth ramp in the downward direction. Then rather late last night, the price started to climb. The chart suddenly and completely changed to show a steady upward climb. The decline from the past 6+ hours disappeared completely from the chart, looking as though the price never even fell below the point it was currently at. The chart gave the impression that the price had been rising over the past day instead.

Now, this morning, I’m looking at the chart and it’s showing a massive increase(spiking up over twice as high as where it was yesterday to a level I’ve never even seen before. The price is suddenly around 19g for 800 gems. Yikes!).

So, can anyone explain what is going on here? I know the latter end of the chart shows a time in the future, so is this…market speculation of where the price will be at that point in time? And what could cause this massive spike in prices like this? When I went to sleep it was under 15g for 800 games and now up around 30%.

I have no idea what happened there. I saw it with that nice, smooth slope… this morning, that vanished entirely, and is replaced by a massive spike.
Imma blame anet virtual price fixing.

fractalKinesis.8569:

I have no idea what happened there. I saw it with that nice, smooth slope… this morning, that vanished entirely, and is replaced by a massive spike.
Imma blame anet virtual price fixing.

Yeah, I’m looking at it now. Huge spike of doom and now back down to a slow downward gradient. Now it’s back down to just a hair over 15g for 800 gems again.

Are you guys referring to the in-game graph or the one on spidy?
Joh Smith mentioned in a different thread that there is a graphical bug.

Rouven.7409:

Are you guys referring to the in-game graph or the one on spidy?
Joh Smith mentioned in a different thread that there is a graphical bug.

I’m speaking of the one in-game. But it’s not just the graph either. It’s also the actual price fluctuation. It’s been all over the place in the last 24 hours, completely atypical of usual price flow.

Oct 22-23rd, Nov 28th, Dec 12th, Jan 5th (to a lesser degree), Jan 17th, Jan 31st and now Feb 7th – referring to the spikes.

Almost looks like popular payday’s, people buying gems and converting them?