Let's speculate glob prices!
The RNG is often “spiky” hence people will often assume a nerf…..I certainly often wonder about the mystic forge. However I believe the price increase is for 3 reasons:
1) Fewer bots, hence fewer rares on the market AND it is harder to do the chain events in off hours (who knew so many were botting!)
2) Gem prices have risen hence pushing up the cost of salvaging. Mystic salvage kits still remain the most efficient kits to use but now cost @60c per salvage.
3) Crafting component price increase. It costs more to make a rare, hence ecto prices will rise.
I think all the factors combined herald the 25s ecto!
There were a number of items which were being crafted for sale at a slim profit margin that likely can’t be created at a profitable margin until the inventory of offerings on the trading post are cleared out a ways. That will consequently hold ecto demand down a bit — I’ve switched to a different product set for profit-crafting myself, and I was buying dozens of ectos a day, and had planned to expand to hundreds per day. Now I’m not buying any until I see where the ectos and the products we can craft from them settle at.
I expect them to rise slowly for longer than it would take to naturally get to equilibrium as is — once the downstream products rise, then demand for ectos will increase. It’s just the market has some very large pools of long unsold products to clear first.
Ever thought that maybe it is not 100% the Bot banning?
remember ori ores spiked last week to over 4s – now theyre under 3s again – only reason for this was agroup of players manipulating prices. Maybe now some ppl are doing the same and + the bot ban it makes it spike even a little more…
edit: notice glob entering the top traded items – it wasn’t there before (at least not as far as I can remember) – same happened with the dyes last week…
if it would be just botting ban it would even DECREASE the amount of stuff being handled… think about it…. less ectos => less possible ectos traded but in fact the #trades are rising… how would this be possible if it werent for people either buying/selling tons of ectos to the reaction of the manipulation…
I just think that the ecto prise is spiking because of some elite players, maybe even two handfulls and the price will drop soon enough… it was good for Anet to have it happened right after they banned alot of bots but my opinion is this one
(edited by Saturn L O L.1406)
The only reason the prices are going up is because people THINK and speculate. I seriously doubt the removal of botting would decrease the supply of so many goods so much. People thought "Hey, if they remove bots then less supply, more demand higher prices! I should buy a ton of materials that will be affected by the shift and resell them later! Ha im so smart! " Little did they know the shift of the market happened because of them. Prices will soon go back to normal. Its another bubble which is already about to burst.
No, if it was a bubble people would sell into the market. That already happened when they first started rising. T5 mats got up around 40c each and then people dumped thier stashes and the prices went back down to 30c which was still double where they were the week before.
Once that stash was cleared out cheep because ectos never dipped the prices started spiking up again.
Metal has gone down because the prices of the other mats have gone up. Fewer people want to craft in this market.