Guild Wars 2

Valdemas.4960:

Aberrant.6749:

8000 scraps isn’t that much to sell when the demand is going to go nuts but the supply will remain the same. That’s only 32 stacks of scraps (not 80) or 16 stacks of bolts (how they’ll wind up being used by players after processing).

80 stacks is slightly more than 8k units. And I’m already counting profits at current prices and as numerous other people said, the situation atm is akin to the ancient wood one and arguably will be even worse supply wise later, so I’m fine. Just need to be sure to sell at the right time, sold my ancient wood too early, never expected it to shoot that high up (15s a piece was it?).

@Volt; No need to go all defensive, it’s mostly friendly banter in order to keep the thread alive, never doubted the truth of your words. I personally find you a very sly and intelligent person worth listening to.

@Volt fan-club; Yes we all love the man, I really like how his posts get the attention, especially since most of them benefit me (and I’m certain many of you) due to their price raising nature, no matter if the man himself intended it or not.

80 stacks would be… 80 × 250 =‘s 20,000… that’s just a wee bit more than the 8,000 scraps he bought… as in 2.5 times as many…

DarkSpirit.7046:

laokoko.7403:

good lord. use a skill point. Get gossamer scrap for less than 5 silver.

Even if silk scrap price raise to 25 copper, you can still get gossamer for 5 silver. Do people not know what promotion is? And use promotion on bolt of silk. I’m quite speechless.

It is still a gamble to promote silk to gossamer. I wrote a little script to check for item promotion and this is the output for silk to gossamer promotion right now:

Promoting 250 Silk Scrap into some Gossamer Scrap
Cost of promotion: 9770 Number of promoted items to be generated for promotion t
o be worth it: 17.140350877192983

You need to get at least 18 gossamer scrap for it to be worth it and that is not counting the worth of any skill points used in the process. Meaning it is possibly profitable but still a gamble.

I probably said a million times. You don’t promote silk scrap. You promote bolt of silk.

That being said. It doesn’t matter. People don’t think anyway.

laokoko.7403:

DarkSpirit.7046:

laokoko.7403:

good lord. use a skill point. Get gossamer scrap for less than 5 silver.

Even if silk scrap price raise to 25 copper, you can still get gossamer for 5 silver. Do people not know what promotion is? And use promotion on bolt of silk. I’m quite speechless.

It is still a gamble to promote silk to gossamer. I wrote a little script to check for item promotion and this is the output for silk to gossamer promotion right now:

Promoting 250 Silk Scrap into some Gossamer Scrap
Cost of promotion: 9770 Number of promoted items to be generated for promotion t
o be worth it: 17.140350877192983

You need to get at least 18 gossamer scrap for it to be worth it and that is not counting the worth of any skill points used in the process. Meaning it is possibly profitable but still a gamble.

I probably said a million times. You don’t promote silk scrap. You promote bolt of silk.

That being said. It doesn’t matter. People don’t think anyway.

Running the same calculations for promoting bolts of silk into bolts of gossamer shows you need to generate at least 15 bolts of gossamer to be profitable (again not including the worth of any skill points used in the process).

If the information on the wiki is right, it is still a gamble even though you stand a better chance of being profitable.

DarkSpirit.7046:

laokoko.7403:

DarkSpirit.7046:

laokoko.7403:

good lord. use a skill point. Get gossamer scrap for less than 5 silver.

Even if silk scrap price raise to 25 copper, you can still get gossamer for 5 silver. Do people not know what promotion is? And use promotion on bolt of silk. I’m quite speechless.

It is still a gamble to promote silk to gossamer. I wrote a little script to check for item promotion and this is the output for silk to gossamer promotion right now:

Promoting 250 Silk Scrap into some Gossamer Scrap
Cost of promotion: 9770 Number of promoted items to be generated for promotion t
o be worth it: 17.140350877192983

You need to get at least 18 gossamer scrap for it to be worth it and that is not counting the worth of any skill points used in the process. Meaning it is possibly profitable but still a gamble.

I probably said a million times. You don’t promote silk scrap. You promote bolt of silk.

That being said. It doesn’t matter. People don’t think anyway.

Running the same calculations for promoting bolts of silk into bolts of gossamer shows you need to generate at least 15 bolts of gossamer to be profitable (again not including the worth of any skill points used in the process).

If the information on the wiki is right, it is still a gamble even though you stand a better chance of being profitable.

ya and you are using the current market price right? Gossamer price have droped. Which is exactly what I’m trying to say. Gossamer isn’t worth that much. And it surely won’t go up.

It might go up during the patch day. But you need to sell it fast enough at patch day. Eventhough ascended armor does require 6 pieces, so that’ll keep the silk price a bit, but that won’t last long. Mithril price didn’t change much and you can use that for gambling precursor.

I think some people are trying to cash in so they start spreading rumors how gossamer will keep going up, eventhough deep down they know it isn’t worth that much.

price amount total price
bolt of sillk 23 250 5750
piles of crytalline dust 1425 5 7125
bolt of gossamer 1050 1 1050
philosopher stone 0 5 0
SUM 13925
Need to be profit 15.6022408964
Need for use 13.2619047619

Insider Trading appears to be going on.

I didn’t believe it before…. I thought everyone was just being paranoid as usual.
Nah this is definitely uncalled for price spikes on other stuff too that went up even more than Goss where the orders placed and sell amounts MAKE NO SENSE AT ALL. A bunch of people … probably not just Dulfy editors either and other Media kittens, but Krewe members too all seem to be getting in on this.

You Tinfoilers win …. this is as insider as it’s ever been before.
If it’s this darned apparent, then it’s time for Anet to do something.
…change their policies…. cap purchases for all Krewe & Media people until after patch.

ilr.9675:

Insider Trading appears to be going on.

I didn’t believe it before…. I thought everyone was just being paranoid as usual.
Nah this is definitely uncalled for price spikes on other stuff too that went up even more than Goss where the orders placed and sell amounts MAKE NO SENSE AT ALL. A bunch of people … probably not just Dulfy editors either and other Media kittens, but Krewe members too all seem to be getting in on this.

You Tinfoilers win …. this is as insider as it’s ever been before.
If it’s this darned apparent, then it’s time for Anet to do something.
…change their policies…. cap purchases for all Krewe & Media people until after patch.

And your proof is?

Dont know why people didn’t stock these at 70copper

I wish i brought more than 1stack, o well!

hellokittyonline.7532:

Dont know why people didn’t stock these at 70copper

I wish i brought more than 1stack, o well!

Probably same reason as yours.

laokoko.7403:

DarkSpirit.7046:

laokoko.7403:

DarkSpirit.7046:

laokoko.7403:

good lord. use a skill point. Get gossamer scrap for less than 5 silver.

Even if silk scrap price raise to 25 copper, you can still get gossamer for 5 silver. Do people not know what promotion is? And use promotion on bolt of silk. I’m quite speechless.

It is still a gamble to promote silk to gossamer. I wrote a little script to check for item promotion and this is the output for silk to gossamer promotion right now:

Promoting 250 Silk Scrap into some Gossamer Scrap
Cost of promotion: 9770 Number of promoted items to be generated for promotion t
o be worth it: 17.140350877192983

You need to get at least 18 gossamer scrap for it to be worth it and that is not counting the worth of any skill points used in the process. Meaning it is possibly profitable but still a gamble.

I probably said a million times. You don’t promote silk scrap. You promote bolt of silk.

That being said. It doesn’t matter. People don’t think anyway.

Running the same calculations for promoting bolts of silk into bolts of gossamer shows you need to generate at least 15 bolts of gossamer to be profitable (again not including the worth of any skill points used in the process).

If the information on the wiki is right, it is still a gamble even though you stand a better chance of being profitable.

ya and you are using the current market price right? Gossamer price have droped. Which is exactly what I’m trying to say. Gossamer isn’t worth that much. And it surely won’t go up.

It might go up during the patch day. But you need to sell it fast enough at patch day. Eventhough ascended armor does require 6 pieces, so that’ll keep the silk price a bit, but that won’t last long. Mithril price didn’t change much and you can use that for gambling precursor.

I think some people are trying to cash in so they start spreading rumors how gossamer will keep going up, eventhough deep down they know it isn’t worth that much.

price amount total price
bolt of sillk 23 250 5750
piles of crytalline dust 1425 5 7125
bolt of gossamer 1050 1 1050
philosopher stone 0 5 0
SUM 13925
Need to be profit 15.6022408964
Need for use 13.2619047619

Yes I took the price, according to gw2spidy, at the time when I made the post. Since then the price has moved in your favor, right now, you only need about 14 bolts of gossamer for 250 bolts of silk to be profitable. Cost of promotion: 1g 29s 65c.

Prices of Mithril and Gossamer are kept in check because people are champion farming for rares and exotics and salvaging a lot for ectos, globs of dark matter, T5/T6 crafting materials, and essences of luck.

Wanze.8410:

ilr.9675:

Insider Trading appears to be going on.

I didn’t believe it before…. I thought everyone was just being paranoid as usual.
Nah this is definitely uncalled for price spikes on other stuff too that went up even more than Goss where the orders placed and sell amounts MAKE NO SENSE AT ALL. A bunch of people … probably not just Dulfy editors either and other Media kittens, but Krewe members too all seem to be getting in on this.

You Tinfoilers win …. this is as insider as it’s ever been before.
If it’s this darned apparent, then it’s time for Anet to do something.
…change their policies…. cap purchases for all Krewe & Media people until after patch.

And your proof is?

I think your satire-detection is borked…

KyreneZA.8617:

Wanze.8410:

ilr.9675:

Insider Trading appears to be going on.

I didn’t believe it before…. I thought everyone was just being paranoid as usual.
Nah this is definitely uncalled for price spikes on other stuff too that went up even more than Goss where the orders placed and sell amounts MAKE NO SENSE AT ALL. A bunch of people … probably not just Dulfy editors either and other Media kittens, but Krewe members too all seem to be getting in on this.

You Tinfoilers win …. this is as insider as it’s ever been before.
If it’s this darned apparent, then it’s time for Anet to do something.
…change their policies…. cap purchases for all Krewe & Media people until after patch.

And your proof is?

I think your satire-detection is borked…

I hope you mean that as an insult to satire.

Wanze.8410:

KyreneZA.8617:

Wanze.8410:

ilr.9675:

Insider Trading appears to be going on.

I didn’t believe it before…. I thought everyone was just being paranoid as usual.
Nah this is definitely uncalled for price spikes on other stuff too that went up even more than Goss where the orders placed and sell amounts MAKE NO SENSE AT ALL. A bunch of people … probably not just Dulfy editors either and other Media kittens, but Krewe members too all seem to be getting in on this.

You Tinfoilers win …. this is as insider as it’s ever been before.
If it’s this darned apparent, then it’s time for Anet to do something.
…change their policies…. cap purchases for all Krewe & Media people until after patch.

And your proof is?

I think your satire-detection is borked…

I hope you mean that as an insult to satire.

Well if not satire, at least not to be taken seriously. I found it rather tongue-in-cheek: poking fun at the “Tinfoilers.”