Guild Wars 2

Magnus Steelgrave.6580:

Just work some overtime and convert it to gems then to gold… Overtime in most any job will trump whatever grinding you have to do and will make the game feel much less Grindy as you will only be playing stuff you like and not turning the tp into a second job whos income can’t surpass your real one… Plus it makes you look good to your boss putting in all the extra hours.

Haha I realize I could work more but I want to PLAY the game. The grind on the TP is the game I WANT to play, taking over markets and TPPVP are what I want. Yeah I could drop $100.00 into it (probably spent about $80 not anyways) and buy any items I needed or wanted but what I want is power, and market control. Starting from the bottom and one day I will be there. Not fun if I just buy into the market with money.

Lankybird.8149:

Starting from the bottom and one day I will be there. Not fun if I just buy into the market with money.

Unlike most sporting teams now-a-days.

Aberrant.6749:

@ OP if you can find indirect ways of making things which are profitable I’ve always found those ways to be the best. Also patch days are $.$

these posts always make me a little sad. I work patch days. patches go live at like noon I believe? basically, I’ve always been 5 hours late to the party. There have been only a couple patches I was able to profit from.

Mystic.5934:

Aberrant.6749:

@ OP if you can find indirect ways of making things which are profitable I’ve always found those ways to be the best. Also patch days are $.$

these posts always make me a little sad. I work patch days. patches go live at like noon I believe? basically, I’ve always been 5 hours late to the party. There have been only a couple patches I was able to profit from.

Same here. Patch day for me is usually the day where I get to see how well other made out.

The Iron value spike lasted long enough for me to profit, at least.

I know it would crash the system probaly but it would be cool to have sell timers, for example I want to sell 1 iron, but at 12 oclock tomorrow, so I set timer and it puts it up for sale later for me. Again I understand why that would be bad just wishful thinking.

that’s not how people make profits on patch days.
they make profits by noticing in the patch notes that you can make a fancy back item, but it uses a lot of iron, so they buy all the iron on the TP at 1-2s and relist it at 3s.
you can’t predict those sort of things before the patch happens.
speculation is when you see something that you feel should be another way (such as thick leather), so you buy a lot and expect it to go up with a future patch. You don’t need to be active on patch day to make a profit on that – likely the most profit you’ll make is a day or a week after the patch.

Mystic.5934:

Aberrant.6749:

@ OP if you can find indirect ways of making things which are profitable I’ve always found those ways to be the best. Also patch days are $.$

these posts always make me a little sad. I work patch days. patches go live at like noon I believe? basically, I’ve always been 5 hours late to the party. There have been only a couple patches I was able to profit from.

I feel your pain there… Missed out on so many easy opportunities.

Magnus Steelgrave.6580:

Mystic.5934:

Aberrant.6749:

@ OP if you can find indirect ways of making things which are profitable I’ve always found those ways to be the best. Also patch days are $.$

these posts always make me a little sad. I work patch days. patches go live at like noon I believe? basically, I’ve always been 5 hours late to the party. There have been only a couple patches I was able to profit from.

I feel your pain there… Missed out on so many easy opportunities.

And the only time I was able to take advantage of patch day was the Escape of LA patch, where I focused primarily on doing the event rather than paying attention to patch notes ;(

When the mega-patch comes, I’ll be sure to call in sick. Not only do I hope to be the first to craft the new GS/Staff legendaries, but I hope to take advantage of the patch notes!

Vol.7601:

but I hope to take advantage of the patch notes!

Shhhhhhhhhhh. Trade secrets.

Smooth Penguin.5294:

Vol.7601:

but I hope to take advantage of the patch notes!

Shhhhhhhhhhh. Trade secrets.

From what I can tell if you are in the TP game than you know the game. I am just trying to get in on it looking for tips and such. Not current secrets but yeah past rackets that were successful are always helpful. I think everyone in GW2 who had iron or needed it noticed the effects of the market and realized buying cheap armor that could salvage for iron worth more than the armor was a quick and easy profit. Not really a -trade secret- … realizing the dataminning and staying ahead of the curve is the big secret I guess.

Lankybird.8149:

Smooth Penguin.5294:

Vol.7601:

but I hope to take advantage of the patch notes!

Shhhhhhhhhhh. Trade secrets.

From what I can tell if you are in the TP game than you know the game. I am just trying to get in on it looking for tips and such. Not current secrets but yeah past rackets that were successful are always helpful. I think everyone in GW2 who had iron or needed it noticed the effects of the market and realized buying cheap armor that could salvage for iron worth more than the armor was a quick and easy profit. Not really a -trade secret- … realizing the dataminning and staying ahead of the curve is the big secret I guess.

It is important to know the source of a material.
In the Iron example, the first thing to rise was the price of the iron itself, because that is what the specific recipe called for (the iron and steel ingots, which are almost universally known to come from iron ore, so all three raised quickly as supply was bought out by those seeking profits and those building backpieces).

Then there was the second wave of profit that came from buying inexpensive salvage items, armor, weapons, etc. that drop iron ore when salvaged. Most players who are looking to acquire their ingots aren’t going to make the salvage connection, so they are only buying up ingots and ore. This meant that other players who understood the sources of iron were able to buy up those items for next to nothing, salvage them into iron ore, and sell them for a significant profit.

Moral of the story: Know ALL the ways to get an item, and you’ll know ALL the ways to make a profit with it.

I thought buying cheap iron salvageable armor was common sense. And I am a newbie.

Lankybird.8149:

I thought buying cheap iron salvageable armor was common sense. And I am a newbie.

It is common sense… if you think about it. Most players think:

“I need Iron Ingots for this back piece, therefore I will buy Iron Ingots from the Trading Post for my back piece.”

Yeah I think everyone shared in the Great Iron Inflation of February 2014 profits on some level haha. I know it has peaked my interest, when I got on and saw how much it had gone up in price I just thought…. some players made a kitten ton of money off this….

Need to make a “Farmers Market” where Farmers work with TPers to sell items at highest possible times and make them extra profit they split. Like playing the Stock Market.

Lankybird.8149:

I thought buying cheap iron salvageable armor was common sense. And I am a newbie.

that will happen. all obscure profit-making things seem obvious in hindsight. you should still give yourself credit for thinking of it.
such as superior rune forging. I found that you can make a profit by throwing major runes into the MF and selling the superior. not great, but it’s something. I made about 10g/hour. Then I realized you can sometimes make major runes for around 1s less than buying on the TP. that added another 20g or so to the profit.
Or if they announce that runes and sigils will become better and everyone goes and buys all the good ones and their prices double – that turned the 10g/hour into 50g/hour, and crafting them myself made it 70g/hour. It was as profitable as it was because it wasn’t obvious.

Mystic.5934:

that will happen. all obscure profit-making things seem obvious in hindsight. you should still give yourself credit for thinking of it.

That is true maybe these “Obvious Trends” only seem common sense because I see the end result not in the reverse.

Lankybird.8149:

I know it would crash the system probaly but it would be cool to have sell timers, for example I want to sell 1 iron, but at 12 oclock tomorrow, so I set timer and it puts it up for sale later for me. Again I understand why that would be bad just wishful thinking.

Timing your sale isn’t really important if you’re just interested in flipping items; if you can predict in any reasonable way how much you expect an item to increase in price, simply relist it IMMEDIATELY at that new price once you’ve bought it. Where timing is important is in BUYING the items; if the “iron” in your example above is selling for 1 silver today, & you expect it to reach 2 silver next Tuesday (if there were a patch that day, for example), then buying “iron” TODAY is the important part. You can just relist it today for 1.99 silver; if your speculation is at all accurate, it will still sell next Tuesday and you will make your profit without wasting bank space or having to take a day off of work/school just to try to time the market.

EXAMPLE: Here is some current knowledge we have about an upcoming patch: http://dulfy.net/2014/01/29/gw2-feature-build-skill-and-balance-changes-preview/

Now, look at what it says about Sigils & Runes; the prices on at least SOME of those items are going to change. If you go look up the FULL Dev Notes from this preview, you’ll find that some important info on Sigils is actually missing from the Dulfy summary. But there are some important things to get from this:

1.) “Two-handed weapons can now be slotted with two sigils”
This means that there will be significantly more Sigils being purchased overall on the day of the patch, as MANY players will find themselves with an empty Sigil slot for the first time.

2.) “All sigils now have independent cooldowns, meaning you can use two on-swap sigils, or an on-swap and an on-crit sigil at the same time”
There are many good sigils in the game whose prices have been depressed somewhat simply because players didn’t want all of their sigils to go on a 10-second cooldown everytime it procs. Do some research to find out which ones they are.

3.) “Sigils will receive a general balance pass to bring them more in line with each other”
What are some sigils that are ALMOST awesome? If they’re dirt-cheap, might be worth grabbing a few. Be wary of easily crafted Sigils, however…

4.) “Rune sets will receive a general balance pass to bring them in line with each other. This will increase the amount of viable rune options.”
This is MUCH bigger news for traders than the Sigils rebalance, imo. Remember when Traveler’s Runes were 40 silver, and everyone thought that it was too much??? Again, look for Rune Sets that are ALMOST there, but just not quite good enough, and are therefore dirt-cheap atm. Especially look for Runes are are difficult to farm or craft.

The rebalance of Sigils & Runes will ALSO affect the mats used to craft some of them; especially, imo, Lodestones.

5.) “The bulk of rune set bonuses will be pushed towards the 4th, 5th, and 6th piece bonuses to incentivize using a complete set”
How will this affect sets like the Mad King Runes, which people often buy just to max out their Condition Duration? What Rune Sets might get a huge bump in price as a result? I honestly haven’t even started looking into this yet.

But back to “timing the market”; the time for investing in some of these things is now, as the Dev Notes are practically forgotten by most players, but it was mentioned that they wanted to get the patch out BEFORE WvW Season 2 (now called the “Tournament”), which would be later this month. So do some research, see which things are too cheap at the moment, which things could be ridiculously awesome with just a subtle rebalance, and particularly, look for things that are difficult to obtain, but which have not increased in value because with the current balance they aren’t as useful as some of the other options.

Mad King runes…. ahhh the memories…

buy skins that come from black lion ticket vendors when they first come out, sit on them, sell them in a year or 6 months, repeat

To answer your question… how to became that 1%?

1. Be a member of Dulfy/else beta testiner group to make insider tradings.
2. Gold Seller Maffia: I don’t have to explain…
3. Speculate on items. Gather as mutch as possible.
4. Make a serious Gold-Maker progression for every day, spend ~none.
5. You can’t do it, but some knew how will the gold influate and bought precursors ~20g at release.

RoyalPredator.9163:

To answer your question… how to became that 1%?

1. Be a member of Dulfy/else beta testiner group to make insider tradings.
2. Gold Seller Maffia: I don’t have to explain…
3. Speculate on items. Gather as mutch as possible.
4. Make a serious Gold-Maker progression for every day, spend ~none.
5. You can’t do it, but some knew how will the gold influate and bought precursors ~20g at release.

Suggesting to break NDA´s and the EULA arent very good tips in the long run.

mtpelion.4562:

Lankybird.8149:

Smooth Penguin.5294:

Vol.7601:

but I hope to take advantage of the patch notes!

Shhhhhhhhhhh. Trade secrets.

From what I can tell if you are in the TP game than you know the game. I am just trying to get in on it looking for tips and such. Not current secrets but yeah past rackets that were successful are always helpful. I think everyone in GW2 who had iron or needed it noticed the effects of the market and realized buying cheap armor that could salvage for iron worth more than the armor was a quick and easy profit. Not really a -trade secret- … realizing the dataminning and staying ahead of the curve is the big secret I guess.

It is important to know the source of a material.
In the Iron example, the first thing to rise was the price of the iron itself, because that is what the specific recipe called for (the iron and steel ingots, which are almost universally known to come from iron ore, so all three raised quickly as supply was bought out by those seeking profits and those building backpieces).

Then there was the second wave of profit that came from buying inexpensive salvage items, armor, weapons, etc. that drop iron ore when salvaged. Most players who are looking to acquire their ingots aren’t going to make the salvage connection, so they are only buying up ingots and ore. This meant that other players who understood the sources of iron were able to buy up those items for next to nothing, salvage them into iron ore, and sell them for a significant profit.

Moral of the story: Know ALL the ways to get an item, and you’ll know ALL the ways to make a profit with it.

There are actually even more ways to profit, apart from salvageable items. Lootbags come to mind (some also drop ore), and especially crafting components. Iron is spiking? When Iron and steel Ingots passed 10s, i bought up all crafting components requiring iron (Iron greatsword blades, Steel Hammer heads, etc.) that were listed on the tp under value and relist them a little under their current crafting value.

Checking gw2crafts.net and its crafting guides also gives you an idea, which crafting components are undervalued and will be bought up.

Wanze.8410:

Suggesting to break NDA´s and the EULA arent very good tips in the long run.

I did not meant to suggest it. I just gave the answers. Sorry!
It’s been discussed a lot btw – no counter evidence yet.

Otokomae.9356:

Remember when Traveler’s Runes were 40 silver, and everyone thought that it was too much??? Again, look for Rune Sets that are ALMOST there, but just not quite good enough, and are therefore dirt-cheap atm.

Traveler runes are a very poor example for your second point as they went from utterly useless to divinity runes on crack.

The advice is still good though. If you got an adventurous spirit and a gambler’s heart.

RemiRome.8495:

Otokomae.9356:

Remember when Traveler’s Runes were 40 silver, and everyone thought that it was too much??? Again, look for Rune Sets that are ALMOST there, but just not quite good enough, and are therefore dirt-cheap atm.

Traveler runes are a very poor example for your second point as they went from utterly useless to divinity runes on crack.

The advice is still good though. If you got an adventurous spirit and a gambler’s heart.

Yes, looking back at the game’s history, the change to Traveler’s Runes certainly seems exceptional. However, you have to keep in mind that, up to this point, the change to the 4 Magic Find Rune Sets was by far the biggest, sweeping rebalance of Runes that we’ve had in the game! And now, they are planning to rebalance ALL of the Rune Sets! So I do think that there could be another Traveler’s Rune (or 10) to come out of this, though there’s certainly no guarantee. Unlike when Magic Find was seperated from gear, however, Sigils now have a high potential for profit, too.

Here’s 1 potential example: In the Livestream, the Devs said that what they would LIKE to see after the rebalance was to have all On-Crit Sigils be 100% chance to proc On-Crit, with some rebalancing to keep that from being too ridiculous. Now, there are plenty of On-Crit Sigils that are worth very little at the moment, because people rarely use them (unless they just haven’t changed their sigils since acquiring an Exotic weapon that came with it). One Sigil in particular has the POTENTIAL to be awesome, however: the Superior Sigil of Rage. It’s currently worthless, because it has SUCH a low proc rate (& such a long cooldown) that no one wants to use it, but the bonus it gives would be amazing if it simply proc’d more often, and if it didn’t put all of your other Sigils on a 45-second cooldown when it did. This, of course, is the exact scenario that the Devs described in their Livestream a few months ago. Another advantage to the Sigil of Rage is that it’s not craftable, and there’s no truly reliable way to farm it; sure, you could max out Magic Find, head to Cursed Shore or somewhere and farm mobs hoping for an Exotic weapon drop, & on top of that, hope that it actually has the Sigil you’re looking for on it, but you could do the same thing with Traveler’s Runes, & the GW2 population seems to have collectively agreed that doing so is an utter waste of time. So, IF the Sigil of Rage does get a rebalance, and IF that rebalance makes this once lowly Sigil suddenly AWESOME, then the only way people will have to get one is on the Trading Post! This is the exact scenario we saw with Traveler’s Runes a few months back.

There are, again, NO guarantees here, and the Sigil of Rage is just 1 possible example, but at current prices, the risk is low, and the possible reward is VERY high, considering that the TP is the ONLY option for getting one of these Sigils. There are several other, similar Sigils to look at, btw, which are in a very similar situation: http://wiki.guildwars2.com/wiki/Sigil#On-critical-hit

Good luck!

Wanze.8410:

There are actually even more ways to profit, apart from salvageable items. Lootbags come to mind (some also drop ore), and especially crafting components. Iron is spiking? When Iron and steel Ingots passed 10s, i bought up all crafting components requiring iron (Iron greatsword blades, Steel Hammer heads, etc.) that were listed on the tp under value and relist them a little under their current crafting value.

Checking gw2crafts.net and its crafting guides also gives you an idea, which crafting components are undervalued and will be bought up.

meanwhile, I noticed that all the iron greatsword blades and steel hammer heads I had made 2 days before (which would of made me around 40% profit once sold) sold suspiciously fast :P I told you guys, I miss 5 hours of patch day and this kitty happens.

I will admit I thought about buying some of the 22 copper Superior Runes and Sigils in hopes of upgrade on them for patch haha. 90% in on mithril though, I feel a change.

Lankybird.8149:

I will admit I thought about buying some of the 22 copper Superior Runes and Sigils in hopes of upgrade on them for patch haha. 90% in on mithril though, I feel a change.

How many mithril ore stacks do you intend to purchase?

50 250 stacks… well i need 25 more stacks :P

Lankybird.8149:

50 250 stacks… well i need 25 more stacks :P

Let’s see how much profit you can make with just 50 stacks…

Ignoring TP fees and utilizing hypotheticals:

Price of mithril now = 30c
50 stacks of mithril = 37.5G

Hypothetical high of mithril = 60c
50 stacks of mithril = 75G
That’s only a profit of 37.5 G.

When you consider opportunity costs that is a very poor investment (and we don’t know if mithril will ever reach 60c again anytime soon)

You were better off investing in Scarlet’s Rifle earlier this week when it was 100G and now over 200G (and can reach to +400G by the end of this event)

The only way you can make a profit off of speculating commodities is to have a 2nd account and accumulate volume through TP storage.

This was lower investment for me because I am pretty poor, also if I though it was only going to reach 60c (its current high) it would be bad investment, this is just all going to sit on an alt till it inflates like iron did.

Lankybird.8149:

This was lower investment for me because I am pretty poor, also if I though it was only going to reach 60c (its current high) it would be bad investment, this is just all going to sit on an alt till it inflates like iron did.

Again, filling up an alt’s inventory with mirthil ore is silly. If you have even the slightest idea what price you expect to sell it for, just relist it back on TP NOW. Crafting Mats do have a tendency to have weird runs in the middle of the night (for NA, anyway) where they reach odd prices, so the best thing to do is to simply relist ALL of your ore as soon as you get it, so you won’t have to worry about missing out on some weird run on Mithril Ore when you’re not on. If you have absolutely no idea what price you plan to sell it for, then DO NOT BUY IT.

On the subject of Mithril Ore as an investment, I will say that several people have tried to manipulate the price of this mat in the past, always with very little success. Even during times of huge demand for Mithril Ore, this mat is just so easily farmable that no one I’m aware of has ever been able to push the price above 1 silver for more than a few minutes, & pushing it that high usually results in the parties involved losing gold. 75 copper seems to be the highest price that the GW2 market has ever been willing to bare, even in times of high demand, so keep this in mind when buying up stacks of Mithril Ore, and use TPCalc.com to help determine what prices you should be buying at, depending on what % you plan to make off of it.

Otokomae.9356:

Even during times of huge demand for Mithril Ore, this mat is just so easily farmable that no one I’m aware of has ever been able to push the price above 1 silver for more than a few minutes

Isn’t Iron easily farmable and until recently also below 1 silver? How is mithril different? Legitimate question I’m still new to this.

Schizo.1375:

Otokomae.9356:

Even during times of huge demand for Mithril Ore, this mat is just so easily farmable that no one I’m aware of has ever been able to push the price above 1 silver for more than a few minutes

Isn’t Iron easily farmable and until recently also below 1 silver? How is mithril different? Legitimate question I’m still new to this.

The amount of mithril being salvaged from lvl 65-80 weapons and heavy armor is higher, compared to iron, which is being salvaged from low level weapons.

Schizo.1375:

Otokomae.9356:

Even during times of huge demand for Mithril Ore, this mat is just so easily farmable that no one I’m aware of has ever been able to push the price above 1 silver for more than a few minutes

Isn’t Iron easily farmable and until recently also below 1 silver? How is mithril different? Legitimate question I’m still new to this.

Iron isn’t particularly hard to farm, the problem with it is that people just do not spend enough time on the mid-level maps to shore up the supply of iron, AND with most GW2 players either hitting level 80 long ago or racing to 80 ASAP, people tend to get lvl 76+ Blues and Greens as rewards, which give out TONS of Mithril and NO Iron. So level 80’s who are still salvaging for Magic Find (probably well over 90% of the current population) are essentially farming Mithril all the time, everywhere they go. Mithril Ore is also more commonly farmed because it shares maps with Orichalcum Ore, Ancient Wood, Omnomberries, Snow/Orrian Truffles, and other valuable farmable mats. By contrast, probably the most valuable mat that commonly shares a map with Iron Ore would be Coriander Seed, which comes from Mature Herbs I think, where you have to deal with a slim RNG chance to even get the mat you’re looking for with each harvest.

But to see the difference between Mithril and Iron Ores, and get an idea of just what you’re up against in trying to move the Mithril market (or hoping that it simply “moves” all on its own), take a look at the SUPPLY vs DEMAND numbers for each mat on GW2Spidy.com :

Iron Ore : http://www.gw2spidy.com/item/19699
Supply = 306,925
Demand = 2,662,853

Mithril Ore : http://www.gw2spidy.com/item/19700
Supply = 2,250,919
Demand = 971,511

HUGE difference.

Wanze.8410:

Schizo.1375:

Otokomae.9356:

Even during times of huge demand for Mithril Ore, this mat is just so easily farmable that no one I’m aware of has ever been able to push the price above 1 silver for more than a few minutes

Isn’t Iron easily farmable and until recently also below 1 silver? How is mithril different? Legitimate question I’m still new to this.

The amount of mithril being salvaged from lvl 65-80 weapons and heavy armor is higher, compared to iron, which is being salvaged from low level weapons.

This exactly is the difference.

People can gather mithril and iron ore at the same rate, but supply directly from salvaging is miniscule for iron ore. I alone salvage about 300 mithril ore per day.

Ok thank you for the response. I understand the difference now but how about the comparison between mithril and silk? Both are tier5 so salvaged from the same level of armor. Looking back at silk scraps right before the jump I see a Supply of approx. 2,464,159 and a Demand of approx. 409,953 which is similar in Supply to mithril ore (so I assume we could disregard the fact that mithril can be mined) and half the demand. Why would silk scraps jump to over 2 silver after the patch but mithril ore wouldn’t later down the road?

Schizo.1375:

Ok thank you for the response. I understand the difference now but how about the comparison between mithril and silk? Both are tier5 so salvaged from the same level of armor. Looking back at silk scraps right before the jump I see a Supply of approx. 2,464,159 and a Demand of approx. 409,953 which is similar in Supply to mithril ore (so I assume we could disregard the fact that mithril can be mined) and half the demand. Why would silk scraps jump to over 2 silver after the patch but mithril ore wouldn’t later down the road?

Silk is only salvaged from light armor while mithril is salvaged from heavy armor, weapons that use ore in crafting and trinkets. Silk is also more demanded in asc crafting as you need 300 scraps per bolt of damask compared to 100 mithril ore per deldrimor ingot. And bolts of damask are need in all armorcrafting, ingots just in heavy armor.

okay so you have pretty much talked me out of mithril ore, it SEEMS to me the best way to play market is with high priced skins, (buying a 100 gold skin that in a few weeks jumps to 500 gold). I sadly do not YET have that kinda capitol. So for me I am wanting to invest in lots of things and then on the side with my alt I am stock piling for one big flip that will put me into ‘the game’ of TP. I think at this point though we should almost start a new thread called “Speculation” to discuss possible buy ins. Although I kind of like the hidden speculation conversations buried within this thread. Knowledge = Power

Lankybird.8149:

okay so you have pretty much talked me out of mithril ore, it SEEMS to me the best way to play market is with high priced skins, (buying a 100 gold skin that in a few weeks jumps to 500 gold). I sadly do not YET have that kinda capitol. So for me I am wanting to invest in lots of things and then on the side with my alt I am stock piling for one big flip that will put me into ‘the game’ of TP. I think at this point though we should almost start a new thread called “Speculation” to discuss possible buy ins. Although I kind of like the hidden speculation conversations buried within this thread. Knowledge = Power

A 400% price rise in skins within a couple of weeks is quite unusual. Personally, only the Deathly Shoulders come to mind, when the Grenth Hood was released and the 2012 Halloween weapons before and after 2013 Halloween. I think the profit margin for limited low value items is far more profitable. Sentinel Insignias/Inscriptions and Celestial Recipes come to mind for past examples, even though both got reintroduced with Escape from LA.

The last 2 patches reintroduced alot of items that lost alot of value in the process but now is the time to reinvest into them and stock up. Even though their prices might not reach their pre patch values again due to added supply, its quite reasonable that they will spike considerably, once the LS is over.

As soon as we are sure that Alliance Supply Bags and the Ultimate Citizens Rescue Bag stop dropping, speculators will buy up low listed supply quite fast, usually resulting in at least a 300-500% price spike.

Jeweler and Cooking 500, as well as crafted pre cursors/new Legendaries are 4 other things you can speculate in. While i am quite sure that we will see the first 2 with the next feature patch, I am not so confident about the latter two to be included.

If you want to speculate in ore, i think silver will hit 1s faster than mithril, as it already did in January, when people believed that jeweler 500 was being introduced with the following patch, the same goes for gold and platinum. Those ore will certainly be used in crafting ascended trinkets and you could also speculate in dust.
The recent backpack introduction gave us good clues, which dust tier will be the bottle neck.

The introduction of the Grenth/Dwayna and Assault Knight backpacks also did a good job in putting value into some leather, as they were craftable by all armor professions with leather being by far the cheapest. Rugged leather quickly became the most expensive common mat for a while and i think Anet will keep going down that road of giving players the choice to craft the same items with different professions to lvl out the ascended refined material prices.

Wanze.8410:

Lankybird.8149:

okay so you have pretty much talked me out of mithril ore, it SEEMS to me the best way to play market is with high priced skins, (buying a 100 gold skin that in a few weeks jumps to 500 gold). I sadly do not YET have that kinda capitol. So for me I am wanting to invest in lots of things and then on the side with my alt I am stock piling for one big flip that will put me into ‘the game’ of TP. I think at this point though we should almost start a new thread called “Speculation” to discuss possible buy ins. Although I kind of like the hidden speculation conversations buried within this thread. Knowledge = Power

If you want to speculate in ore, i think silver will hit 1s faster than mithril, as it already did in January, when people believed that jeweler 500 was being introduced with the following patch, the same goes for gold and platinum. Those ore will certainly be used in crafting ascended trinkets and you could also speculate in dust.
The recent backpack introduction gave us good clues, which dust tier will be the bottle neck.

.

Oh now you dun it ;_; There goes the silver market.

The silver market has been the market I’ve been dumping all my gold in for quite sometime after it went down to +- 40c after the January speculation.

It was guaranteed to go up to at least 1s as you said since last time it was largely driven up by speculators.

That way I’m guaranteed to at least triple my investment for 2000g to 6000g.

When it reaches that point, I’m very tempted to sell. But because we know 100% that it will be used for jewelcrafting (Search Xunlai on TP and you’ll see why) I wet myself over the idea that silver ore could reach 2s each.

Thankfully I plan on calling sick at work for the feature patch, so it’s still a win win. If silver ore demand does not meet supply I can dump everything to buy orders. If it does exceed, I’m going to end up with over 11,000 gold in profit.

I also dumped 100g in gold ore just in case, along with 100g in platinum although that required more capital.

Silver Ore is the best investment right now in game.

Thanks for tips guys, Alliance Bags, Silver Ore both seem like good ideas, I think I am just behind the curve with them. I will attempt to grab a little profit where I can as patch day nears.

You can’t purchase alliance bags. I think what Wanze meant was that people would be stocking up on the rare LS items that come from them.

In regards to patch day, you almost always want to buy stuff well in advance. A week before patch day is too soon. A month is too soon. 2 months is perfect.

Unless you intend on cashing in on other speculators.

Vol.7601:

Wanze.8410:

Lankybird.8149:

okay so you have pretty much talked me out of mithril ore, it SEEMS to me the best way to play market is with high priced skins, (buying a 100 gold skin that in a few weeks jumps to 500 gold). I sadly do not YET have that kinda capitol. So for me I am wanting to invest in lots of things and then on the side with my alt I am stock piling for one big flip that will put me into ‘the game’ of TP. I think at this point though we should almost start a new thread called “Speculation” to discuss possible buy ins. Although I kind of like the hidden speculation conversations buried within this thread. Knowledge = Power

If you want to speculate in ore, i think silver will hit 1s faster than mithril, as it already did in January, when people believed that jeweler 500 was being introduced with the following patch, the same goes for gold and platinum. Those ore will certainly be used in crafting ascended trinkets and you could also speculate in dust.
The recent backpack introduction gave us good clues, which dust tier will be the bottle neck.

.

Oh now you dun it ;_; There goes the silver market.

The silver market has been the market I’ve been dumping all my gold in for quite sometime after it went down to +- 40c after the January speculation.

It was guaranteed to go up to at least 1s as you said since last time it was largely driven up by speculators.

That way I’m guaranteed to at least triple my investment for 2000g to 6000g.

When it reaches that point, I’m very tempted to sell. But because we know 100% that it will be used for jewelcrafting (Search Xunlai on TP and you’ll see why) I wet myself over the idea that silver ore could reach 2s each.

Thankfully I plan on calling sick at work for the feature patch, so it’s still a win win. If silver ore demand does not meet supply I can dump everything to buy orders. If it does exceed, I’m going to end up with over 11,000 gold in profit.

I also dumped 100g in gold ore just in case, along with 100g in platinum although that required more capital.

Silver Ore is the best investment right now in game.

You might as well go to work on patch day because silver definately wont spike on patch day.
Its usage will be timegated so it will spike a couple of days after the patch, i guess. On Patch day, everybody will lvl his craft to 500, which will require Orichalcum and Orbs. Then each account will craft 1 Xunlai electron per day.
Another way to maybe make some profit, might be new Exquisite Jewels that cannot be crafted but only salvaged, just like dire, shaman, soldier etc. insignias/inscriptions.

I didnt make any research on this yet, but if there are salvageable Trinkets with those stats available, it might be a good idea to buy them pre patch and salvage afterwards.

Just to beat a dead horse into the ground here…. Mithril has never really been worth much because it is the most over collected item and yet very underused. This is why I am speculating that it WILL go up, because I think that ANET will attempt to fix this problem as they did with iron (Previously most worthless ore). Mithril is in all the end game zones, however many people stop mining it after 1 or 2 stacks of 250. Again similar to iron. I am not saying this will be soon but I am saying I think it will go up a lot in the next year. I think ANY mat will have its up and downs through out the year, but because Mithril is so broken right now I think it will get the needed attention of ANET and have the big possibility of a large increase in price. Or just stay sucky who knows, this is pure speculation on its lowest forum I call Gambling. Ha ha

On the topic of Orbs, they’ve been a good buy for months. Most Orbs hovered around their merchant sell prices, making them a win/win in terms of investment with minimal losses. I haven’t seen the current prices, but they’re guaranteed to jump if they’re used in Ascended Jewel making.

Lankybird.8149:

Just to beat a dead horse into the ground here…. Mithril has never really been worth much because it is the most over collected item and yet very underused. This is why I am speculating that it WILL go up, because I think that ANET will attempt to fix this problem as they did with iron (Previously most worthless ore). Mithril is in all the end game zones, however many people stop mining it after 1 or 2 stacks of 250. Again similar to iron. I am not saying this will be soon but I am saying I think it will go up a lot in the next year. I think ANY mat will have its up and downs through out the year, but because Mithril is so broken right now I think it will get the needed attention of ANET and have the big possibility of a large increase in price. Or just stay sucky who knows, this is pure speculation on its lowest forum I call Gambling. Ha ha

It is not under used, being crafted in large quantities into rare lvl 80 weapons to be thrown into the mystic forge.

Wanze.8410:

I think the profit margin for limited low value items is far more profitable. Sentinel Insignias/Inscriptions and Celestial Recipes come to mind for past examples, even though both got reintroduced with Escape from LA.

The last 2 patches reintroduced alot of items that lost alot of value in the process but now is the time to reinvest into them and stock up. Even though their prices might not reach their pre patch values again due to added supply, its quite reasonable that they will spike considerably, once the LS is over.

As soon as we are sure that Alliance Supply Bags and the Ultimate Citizens Rescue Bag stop dropping, speculators will buy up low listed supply quite fast, usually resulting in at least a 300-500% price spike.

Anet just confirmed that the Ultimate Citizens Rescue Bag will not be awarded anymore after March 18th.

https://www.guildwars2.com/en/news/the-final-countdown/

And on a similar note, Set 2 Minis will also be discontinued and will only be available through the forge or special sales.

Smooth Penguin.5294:

On the topic of Orbs, they’ve been a good buy for months. Most Orbs hovered around their merchant sell prices, making them a win/win in terms of investment with minimal losses. I haven’t seen the current prices, but they’re guaranteed to jump if they’re used in Ascended Jewel making.

I bought about 50 stacks of orbs months ago at vendor value but now i am not sure anymore, if they will really spike that hard. You only need them to lvl to 500, not afterwards. They are basically the equivalent of fine t6 mats and neither one of those actually spiked during weapon or armor ascended releases. Taking into account that the supply of Orbs is higher and their demand way lower for over 18 months now compared to t6 mats, makes me think that there are actually enough in game to lvl everybody to 500. People gonna be speculating on Orbs for sure and I intend to sell my supply before the patch hits because i think they will all be at vendor value again afterwards.

Right now, most exquisite jewels are available on buy order under crafting value. As you need 2 Ori Ingots, 1 Ecto and 1 Orb to make one, i would argue that ectos and Ori will be responsible, if the crafting value of exquisite jewels spikes. Even if Orbs rise by 5s each (which is a very optimistic view), i can easily see ectos and Ori rise by 2s each.

The only way i can see Orbs gaining value for a longer term is, if Anet introduces something new to jeweling 500 and it doesnt follow the pattern of weapon and armor crafting. For example, if orbs are used in crafting infusions.