Is the Gold to Gem price ratio going to decrease once the Halloween event is lower?

Is the Gold to Gem price ratio going to decrease once the Halloween event is lower?

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Posted by: Blackmon.1903

Blackmon.1903

I’m asking so I’d know if I have to wait or go for it right now with trading gold for gems. if there’s a big chance it’ll lower, I’d wait, but if it will only go up higher and then stay the same, I’ll buy the gems right away. Anyone know for sure?

Is the Gold to Gem price ratio going to decrease once the Halloween event is lower?

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Posted by: NinjaKnight.1340

NinjaKnight.1340

No one knows for sure. New stuff such as makeover kits which will be in extreme demand IMHO have been announced, they are simply ironing out the bugs. If anything my guess is when those come out the price of gems will jump.

Is the Gold to Gem price ratio going to decrease once the Halloween event is lower?

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Posted by: Healix.5819

Healix.5819

It will decrease, but not by much. It’s pretty much around where it’s going to stay at.

In order for it to drop more, more people have to sell gems for gold. If your goal is to actually buy gold, you’ll probably turn to the gold sellers, since they offer so much more. The non-shady types will of course buy from ArenaNet.

In general, the gem price will slightly increases for pretty much the entirety of the game until those using gold sellers find the conversion rate decent and then it’ll hover. Every time something new is added, the price will marginally jump, as seen now.

It might go back to 1g for ~125 gems (last I checked it was ~110), but I highly doubt it’ll go back to 1g for ~150 gems and never back to the good old days of 1g for 400 gems.

Is the Gold to Gem price ratio going to decrease once the Halloween event is lower?

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Posted by: NinjaKnight.1340

NinjaKnight.1340

@ healix it will drop only IF no new items come out before or to coincide with the end of the event.

Is the Gold to Gem price ratio going to decrease once the Halloween event is lower?

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Posted by: Jia Shen.4217

Jia Shen.4217

I predicted prices of gems would be about 1g per 100 gems even before there was increased demand for them from the halloween items. In fact there was one day where the price actually decreased over the course of the day then continued to climb at it’s slow but steady pace. My educated guess is that day there was an influx of gems sold for gold as the new exchange rate promoted more people inclined to buy gold to buy gold. To be honest I think 1 gold per 100 gems is reasonable from both sides of the exchange. And if it goes up from there all depends on the average wealth of players and the willingness of the majority to spend more on them. At this time I can say I’d be willing to spend more on gems that 1g per 100 because that has hit the point where I think twice before spending the gold on the gems. But that would change as my wealth increases. So we really don’t know for sure yet if we have reached a median price where it will swing around based on supply and demand.

Is the Gold to Gem price ratio going to decrease once the Halloween event is lower?

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Posted by: NoOneShotU.3479

NoOneShotU.3479

I don’t really see them going any way but up. Inflation happens regardless. There are never enough gold sinks.

When bank slots were 4g I was thinking about getting one, now I’m just thinking about paying $8.

I assume Anet wants more people thinking like me.

On the other hand I made 4g last night, so would I trade 2-3 nights of production for a bank slot?

Is the Gold to Gem price ratio going to decrease once the Halloween event is lower?

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Posted by: Jia Shen.4217

Jia Shen.4217

On the other hand I made 4g last night, so would I trade 2-3 nights of production for a bank slot?

That all depends on the value of your money compared to the value of your time spent earning the gold. I personally wouldn’t think twice ever about buying gem with gold to buy the stuff I want from the gem store. But I think twice or sometime even more times before buying them with my money. In fact the way I see it no matter how I buy my gems I’m supporting arenanet so I’d rather buy them with gold than my money. After all they get paid either way.