Halloween crashed a few TP markets?

Halloween crashed a few TP markets?

in Black Lion Trading Co

Posted by: EgonVenkman.1907

EgonVenkman.1907

Without revealing the items I work with as much as possible….I must now find a new set of items to play with.

Since the halloween event started, my usual low-end items to flip seem to be saturated. Prices and profit margin have tanked.. What used to be worth 20 silver is now worth 5. You used to make a healthy profit…

I’m not sure if the influx of mobs for halloween has caused the items to tank, increased competition, or just a big change in the drop rate.

Anyone else have similar experiences???

Colin Johanson: "Everyone, including casual gamers,
by level 80 should have the best statistical loot in the game.”
http://www.eurogamer.net/articles/2011-09-27-guild-wars-2-preview?page=3

Halloween crashed a few TP markets?

in Black Lion Trading Co

Posted by: myng.3516

myng.3516

Halloween event’s been out for a week so people have had the chance to meet and exceed the supply and demand. Now what we have are extras that we can use ourselves or hope to make a tiny profit of taking a chance with the TP.

Overpaid, Underplayed

Halloween crashed a few TP markets?

in Black Lion Trading Co

Posted by: Zelot.8276

Zelot.8276

I have noticed a trend aswell prices have droped since the first day of the event but have become stable at current rates.

I have given it some thought as to why and my guess is that demand is way down with more and more players busy with the event rather then at the trade post…

Bots are the main supply of items to the market, their supply doesnt drop but player demand drops because of event = falling prices

I have made more gold starting from 2nd day of event then i have made any other day previous, lower prices means greater returns using the forge… (HINT for ALL)

Halloween crashed a few TP markets?

in Black Lion Trading Co

Posted by: EgonVenkman.1907

EgonVenkman.1907

I have noticed a trend aswell prices have droped since the first day of the event but have become stable at current rates.

I have given it some thought as to why and my guess is that demand is way down with more and more players busy with the event rather then at the trade post…

Bots are the main supply of items to the market, their supply doesnt drop but player demand drops because of event = falling prices

I have made more gold starting from 2nd day of event then i have made any other day previous, lower prices means greater returns using the forge… (HINT for ALL)

That probably explains it… as i know most of my delusional friends foolishly cashed in all their gold for gems, then keys.

Colin Johanson: "Everyone, including casual gamers,
by level 80 should have the best statistical loot in the game.”
http://www.eurogamer.net/articles/2011-09-27-guild-wars-2-preview?page=3

Halloween crashed a few TP markets?

in Black Lion Trading Co

Posted by: Astraea.6075

Astraea.6075

I have noticed a trend aswell prices have droped since the first day of the event but have become stable at current rates.

I have given it some thought as to why and my guess is that demand is way down with more and more players busy with the event rather then at the trade post…

Bots are the main supply of items to the market, their supply doesnt drop but player demand drops because of event = falling prices

I’m not sure that is all of the story… I’ve been trading in a particular crafted item for a while now, and since the halloween event started the buy price has crashed, while the sell price has only been slowly declining. This is great for me, as it’s given me larger margins on this item, but I am wondering about the possible cause.

I’m also noticing a pattern of severe downward spikes in sell listings for some items I’m trading. It seems that there are participants putting small numbers of items up for sale that are severely undercutting existing listings. For example, buy orders @ 2s 92c and sell orders @ 4s 62c, then a listing is made a 3s 16c.

While this is to be expected to some degree as the listing will be bought up and the price will return to it’s “normal” level, what I’m seeing is these downward spikes occuring much more frequently than I’ve seen before for these items. I’m wondering whether someone is trying to trigger a “bandwagon” effect to drive the prices down.

Halloween crashed a few TP markets?

in Black Lion Trading Co

Posted by: mrsrachelm.7618

mrsrachelm.7618

I managed to find a little niche that wasn’t very effected. A little but not too much. And noooo, I’m not telling what it is, lol. I think we’re going to be seeing a lot of this until after the first of the year due to all the consecutive holiday events that will be happening in rapid succession. So hang on folks, the market is going to be a bumpy ride for a while!