Guild Wars 2

I watch this very closely and have seen multiple times where the market data is inaccurate. Just minutes ago, I saw the “5 day high” making a run up to 4.18g for 100 gems, but then shortly after, it dropped to 4.05. How can the 5 day high drop like that, when the high just happened minutes ago?

I would like Arena to explain exactly how this data is gathered and presented, to reassure us all that they are not manipulating the data to encourage folks to sell their gems for gold at lower prices than they might otherwise be able to get, if they actually knew the true highs the market was hitting.

I trade in real world markets for a living and the FTC would not approve of this.

Still hoping for a response to this…

My guess is that the gold/100 gems was accurate when you saw it at its peak, but over time the data is sampled at some rate such as once every 10 minutes. The end result of sampling is that the data is smoothed out, removing peaks and valleys that occur at a much higher frequency than the data is sampled. The best they might do is to record an average value of gold/100 gems over that 10 minute interval instead of the end value. As a result, the instantaneous 5-day high that you saw gets smoothed out to something lower.

It really is a black box operation.

but I dont’ see what’s wrong with gem price droping 13 silver in a few minutes.

Real life stock or exchange rate, change by the minutes.

Your not buying a cargo of wheat, in which you contact the seller directly. You go through dealers or banks for stock or foreign currency exchange. And in GW2 you go through Anet black box.

And BTW I don’t think the exchange rate data is current. You have to actually input money or gem to find the current exchange.