Price of Ectos is killing the game

Price of Ectos is killing the game

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Posted by: xtorma.1283

xtorma.1283

that’s what i meant tsukasa…that i can’t imagine you don’t have ANY of the mats needed. so that price is unrealistic unless your collection bank is depleted of all mats.

Gathering my own materials makes them free, right?

aside from the cost of the harvesting tools and the cost of your time, of course.

You disguarded two instances of cost in order to say something was free.
My car was free if you disregard the bank and insurence payments.

Baron Irongut – Warrior-

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Posted by: Maz.8604

Maz.8604

And there is nothing to do with drop rate. They are the same.

If you have ever farmed Orr you would not make such a statement. And if you do farm Orr then you are lying to yourself. Everyone who farm there notice the nerf of drop both in quantity and quality.

It’s all about balance… Finding the balance that increases Gold for Gem sales while keeping up the charade that the BLTC is optional.

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Posted by: YPC.6349

YPC.6349

And there is nothing to do with drop rate. They are the same.

If you have ever farmed Orr you would not make such a statement. And if you do farm Orr then you are lying to yourself. Everyone who farm there notice the nerf of drop both in quantity and quality.

I mean the ecto drop rate via salvage. I know that they nerf Orr drop rate.

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Posted by: Raf.1078

Raf.1078

There are 2 reasons why ecto’s are priced high right now.

1) Demand: People want Exotics, Legendaries, Ascended Back Piece all of which cost ecto’s.

2) Supply: People who have ecto’s are keeping them to craft what they need or holding them to sell when the market starts to dip.

This item has gone up from 12s to 29s since November 15th. Many people are buying them, very few are selling them.

Yep, I never sell ectos…just stack em up for when I might need them a few months down the road or next year even.

PF/ GOAT on Tarnished Coast (Semi-Retired)
Raf Longshanks-80 Norn Guardian / 9 more alts of various lvls / Charter Member Altaholics Anon

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Posted by: Tifa Lockheart Ex.9614

Tifa Lockheart Ex.9614

wish I had buy a few stack before the price spike, double profit! XD

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Posted by: Raf.1078

Raf.1078

Even at 50+ silver / ecto….selling them isn’t worth the time it took to gather them. I might sell my stack of ectos for 1 g each…but no less.

PF/ GOAT on Tarnished Coast (Semi-Retired)
Raf Longshanks-80 Norn Guardian / 9 more alts of various lvls / Charter Member Altaholics Anon

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Posted by: Draygo.9473

Draygo.9473

The price of ecto is tied to multiple factors.

The main influence right now is an extreme increase in demand, so price is going way up until that demand meets the supply.

Supply is gained through salvaging rares but the rares come from two main sources:
Drops
Crafting

The demand for crafted rares is inflating the price of crafting materials, mainly the trophy part (as price tends to shift to the rarer item of the set, where the price of mithril will remain relatively flat).

No its not killing the game, or even close to it. Markets always reflect what people are willing to pay for a particular item. If you arnt willing to pay 26s for an ecto, then you are going to try to get it through other means, which in this case will increase the supply.

Not too long ago ecto bottomed out at 7s and change. Imagine if you bought a stockpile at that moment.

As far as I can tell I havent experienced any change in drop rate and salvage rate for ectos.

Delarme
Apathy Inc [Ai]

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Posted by: Minion of Vey.4398

Minion of Vey.4398

Another big use of ectos right now is ascended backpieces

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Posted by: GreyFeathers.8175

GreyFeathers.8175

Excellant ! maybe I can make a little change off the ones I get from salvaging since I’m not grinding other areas for gold which is shall we say " boring " ! I might be able to actually afford some tier 3 cultural armor in a few months, yeah I said months.

Honor is limited only by the limitations that we place upon ourselves.

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Posted by: Draygo.9473

Draygo.9473

Better than a few years

Delarme
Apathy Inc [Ai]

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Posted by: TsukasaHiiragi.9730

TsukasaHiiragi.9730

In the past 15 minutes since I posted this message, the cost of ectos has gone up to 29s each now. People are playing the markets out of pure greed and screwing over the rest. At launch, salvaging rare/exotic level 70+ gear almost always netted you ectos, now its quite possible to salvage 5 exotics in a row and don’t get any, and thats using a BL kit.

Tell me an mmo where people arent greedy ? Just one.

Any MMo where you don’t have a stock exchange style auction house where players can manipulate the prices on important items/materials.

Okay, so its not really ‘killing’ the game, but its certainly not helping it either. They really should make it so you can actually farm Ectos, lets say random drop in dungeons or from chests etc, multiple ways to increase supply.

protest this travesty of a patch -
Get it taken down -
Do whatever it takes if you care about this game -

(edited by TsukasaHiiragi.9730)

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Posted by: PopeUrban.2578

PopeUrban.2578

You know, I always see threads complaining about the cost of TP items going up, but never threads about how much more money people are making off of the TP by selling the same stuff they were selling before.

Well, this is a post about the latter.

Due to recent trending in supply and demand my trash and unused mats are selling for almost 50% increased profit across the board compared to when I first finished my exotics and started selling them.

Market price increases go both ways I guess. The reward for acquisition increases with the price. When stuff goes up your best bet is to start liquidating all your unnecessary assets!

Guild Master – The Papacy [POPE] (Gate of Madness)/Road Scholar for the Durmand Priory
Writer/Director – Quaggan Quest
https://www.youtube.com/watch?v=ky2TGPmMPeQ

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Posted by: drifter.8453

drifter.8453

I remebered, Once upon a Time. before the Halloween event. I was getting Etco’s as drops off the Ruins of Orr risen, DROPS! not all the time but they did drop here and there, I Guess aNet stuck their foot down and said, Uhh Unn, no way you guys are getting a loot drop that will bring the coin in, we want you to get coin from our gem store instead. ’UNLEASH THE NERFBAT!".

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Posted by: Mephu Tahm Jr.1962

Mephu Tahm Jr.1962

- Farm or buy T5 (not T6) fine crafting materials, whatever is easiest/cheapest.
- Craft rares (not exotics)
- Salvage with black lion salvage kit
- Chance of getting 0-3 ectos per item (remember you did not use ectos to craft it)

Hopefully that helps.
Hopefully anet doesn’t nerf this too…

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Posted by: LieutenantGoogle.7326

LieutenantGoogle.7326

I’ve gotten almost 50 ectos in three days just running dungeons. Supply has actually gone UP, but there are also more things to use them on.

this….. thissssss
IS GENIUS!!!
HOW DID I NOT THINK OF THIS!!!!
shoots self in leg

lv80 with skills fully unlocked, warrior, elementalist and engineer
lv80 Necromancer, all professional skills unlocked, working on the final norn elite skills.

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Posted by: Surbrus.6942

Surbrus.6942

This thread has too many dirty, anti-market, commies.

There were several threads before this one where people gave detailed explanations about how demand and supply work on the market, providing explanations for what we are currently seeing in our GW2 Trading Post.

The short answer is, the recent Lost Shores patch. The abriviated, but somewhat long answer is as follows:

-Ascended gear increases the demand for ectos and fine crafting mats
-Increased demand for ectos increases demand for fine crafting mats
-Changing the optimal places and items to farm has lead to decreases in demand for some crafting mats
-Increasing the gold rewards in dungeons has decreased the supply of crafting mats (which otherwise would have been farmed for money)
-Increasing the gold rewards in dungeons has increased the supply of gold (and therefore caused inflation)
-fewer bots means lower supply of crafting mats (and gold to a smaller extent)

Increased demand. Decreased supply. Inflation.

Those are your culprits. The greedy Illuminate/aliens/banksters (or whoever else Alex Jones has told you conspiracy nutts to to blame for this shift in the market) are not to blame.

Besides, its not like you couldn’t have purchased 600 ectos when they were going for 12 silver a piecelike this guy!, or 250 of the T6 mats when they were going for 20 copper a piece like a few of my guildies.

(edited by Surbrus.6942)

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Posted by: timecookie.8570

timecookie.8570

Just sayin’ but you can salvage Rares armors from higher level dungeons.

The opening of FotM must have reduces the number of guys doing other dungeons which are by far greater to have ectoplasms (HotW path 1 takes 20 mins and you will end up with tons of things). This is how things usually turn into when you add content ; can’t help it.

(edited by timecookie.8570)

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Posted by: Surbrus.6942

Surbrus.6942

This is how things usually turn into when you add content ; can’t help it.

Not an entirely accurate statement. You should have added that:

“This is how things usual turn into when you add unbalanced content ; can’t help it”

If Fractals wasn’t the only dungeon that mattered (only source of Ascended gear for the treadmill, and decently profitable), then you would still have plenty of people running all kinds of different dungeons, world events, farming spots. The problem is that Fractals is so imbalanced with all the other activities in the game that everyone is doing it, almost to the entire exclusion of all else.

If Fractals was simply balanced and there was no power creep introduced, then the effect would not be nearly as strong as the one we have witnessed on the market.

The anti-treadmill people have been preaching and warning of this ever since November 13th when we learned the details about the Lost Shores/Ascended gear.

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Posted by: Mercucial.6759

Mercucial.6759

I really think a lot of these complaints are not warranted.

I just hit 80 on my ele YESTERDAY, and I have about 20-25 ectos just from salvaging rares I’ve gotten in fractal/exp runs. And I’m not even farming for them yet, I’m just salvaging those rares not worth selling on the TP.

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Posted by: Mercucial.6759

Mercucial.6759

This is how things usually turn into when you add content ; can’t help it.

Not an entirely accurate statement. You should have added that:

“This is how things usual turn into when you add unbalanced content ; can’t help it”

If Fractals wasn’t the only dungeon that mattered (only source of Ascended gear for the treadmill, and decently profitable), then you would still have plenty of people running all kinds of different dungeons, world events, farming spots. The problem is that Fractals is so imbalanced with all the other activities in the game that everyone is doing it, almost to the entire exclusion of all else.

If Fractals was simply balanced and there was no power creep introduced, then the effect would not be nearly as strong as the one we have witnessed on the market.

The anti-treadmill people have been preaching and warning of this ever since November 13th when we learned the details about the Lost Shores/Ascended gear.

It must be your server.

I’m on sorrows furnace and it literally takes me 2 seconds to get a group for anything. From fractals to explorable runs to farming orr/cursed shore. Longest I’ve had to wait for anything is about 5 minutes, without using gw2lfg.

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Posted by: AsteriskCGY.5931

AsteriskCGY.5931

http://www.gw2spidy.com/item/19721 and waddaya know, ectos are on a downtrend. Either people are dropping stock or demand suddenly died.

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Posted by: LightningLockey.5938

LightningLockey.5938

Be smart about ectos, like start off with using them for chest and legging armor and eventrually get to the boots, helm, shoulders and gloves as they give the least amount of benefits. If your rare is more valuable then the ecto, sell it instead and buy the ecto.

It is slow, but the game is meant to be played for years, not days.

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Posted by: Humposaurus.5764

Humposaurus.5764

Lol? The price is balancing. Anyone here played GW1? Ectos there started as 50 for 100k and ended up as 10 for 100k. This process took months and months. In a few months ectos will be 1 for 1,5g which is a good thing IMO.

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Posted by: Surbrus.6942

Surbrus.6942

It must be your server.

I’m on sorrows furnace and it literally takes me 2 seconds to get a group for anything. From fractals to explorable runs to farming orr/cursed shore. Longest I’ve had to wait for anything is about 5 minutes, without using gw2lfg.

I think you may have misunderstood what my posts were talking about.

Just because it is easy to find a group for a dungeon doesn’t somehow counter the economic arguments raised about player behaviour and its impact on the GW2 market behaviour.

I did laugh a bit at the “it must be your server” thing though, as I’m on Sorrow’s as well.

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Posted by: tigirius.9014

tigirius.9014

It’s not a problem in the dungeons it’s universal. I agree it’s frustrating as hell we need an answer.

The thread linked below has been open for a month now. can we get an answer? And to those who agree with the OP please keep bumping the thread I am linking below and adding your concerns to it daily until they answer us?

Thanks.

This is the thread.

Balance Team: Please Fix Mine Toolbelt Positioning!

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Posted by: Bluestone.7106

Bluestone.7106

Price of Ectos is killing the game

How so? Will your game stop running if you don’t feed it ectos daily? Don’t be silly, you can play perfectly fine and never see/get/use a single ectoplasm.

If someone chooses to pursue gear that requires ectoplasms then that is their own choice.

My homeworld is Blackgate.
I am a GW2 player in New Zealand.
Check me out on the GW2 wiki.

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Posted by: LordByron.8369

LordByron.8369

should people in 2012 still explain the significance of economy in a mmorpg?

Bad economy is probably the number 1 killer of mmorpgs if someone still doesn t know….

GW2 balance:
A PvE player is supposed to avoid a 1-2 second 1 shotting aoe.
A WWW player is considered uncapable of avoiding a 5,75 second aoe for half his health.

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Posted by: Bluestone.7106

Bluestone.7106

should people in 2012 still explain the significance of economy in a mmorpg?

Bad economy is probably the number 1 killer of mmorpgs if someone still doesn t know….

That is sad information then. People should take games less seriously and try having some fun.

My homeworld is Blackgate.
I am a GW2 player in New Zealand.
Check me out on the GW2 wiki.

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Posted by: tigirius.9014

tigirius.9014

should people in 2012 still explain the significance of economy in a mmorpg?

Bad economy is probably the number 1 killer of mmorpgs if someone still doesn t know….

That is sad information then. People should take games less seriously and try having some fun.

Can’t have fun when you can’t get the gear you need to continue having fun. OR do you think that people don’t deserve the reward of becoming more easily geared in exotics for leveling to 80?

Balance Team: Please Fix Mine Toolbelt Positioning!

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Posted by: LordByron.8369

LordByron.8369

should people in 2012 still explain the significance of economy in a mmorpg?

Bad economy is probably the number 1 killer of mmorpgs if someone still doesn t know….

That is sad information then. People should take games less seriously and try having some fun.

Its exactly that the reason…
People wants to have fun….gw2 is a game if it requires too much grinding to get on par with other people it becomes unfun…

Why should people play an unfun game?

GW2 balance:
A PvE player is supposed to avoid a 1-2 second 1 shotting aoe.
A WWW player is considered uncapable of avoiding a 5,75 second aoe for half his health.

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Posted by: Fortuna.7259

Fortuna.7259

Price of Ectos is killing the game

How so? Will your game stop running if you don’t feed it ectos daily? Don’t be silly, you can play perfectly fine and never see/get/use a single ectoplasm.

If someone chooses to pursue gear that requires ectoplasms then that is their own choice.

What? As in if they choose to pursue any worthwhile gear in the game? Everything beyond masterwork is made of ectoplasm…

LF2M Max Ascended Only!

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Posted by: Tosha Daydreamer.9251

Tosha Daydreamer.9251

How long does it take for a game economy to stabilize (taking into account that bots influence the prizes and that we’ve just experienced a huge bot banning wave) after the game is launched?

It’s not a rhetorical question by the way, I’m really curious about the answer.

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Posted by: BuddhaWrath.5073

BuddhaWrath.5073

They are nearly 40s on Emhry Bay now. Just sayin’, ridiculous.

Main: Gradius Xon Maverick [Frostfang]
Archon Brigade [ARC], Guild Leader
80’s: Warrior, Guardian, Thief, Ranger, Engineer

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Posted by: Aleaf.8174

Aleaf.8174

They are nearly 40s on Emhry Bay now. Just sayin’, ridiculous.

All trading posts are linked regionally (or globally not sure) so the price of ectos are for the most part the same everywhere. And they are 32s last I checked in the last hour.

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Posted by: Dee Jay.2460

Dee Jay.2460

Played about 6 hours yesterday, including a few hours of Orr farming, a few Dungeon runs and a FotM run.

I found a total of 1 rare item.

That’s the reason Ectos are going up.

Mob loot is broken.

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Posted by: Humposaurus.5764

Humposaurus.5764

You do not need ecto’s to be “up-to-par” with other players.

You can also get armor/weapons from:
Dungeons- WvWvW – Random drop

Also the drop rate has NOT been nerfed or w/e. Its called a drop chance so you have a chance to get an item or not. So its all luck. One day you can loot 3 exotics and the next day you’ll loot nothing. Get used to it or go play something else.

The only reason why the price is going up is because the amount of gold in-game is steadily increasing. Just as in RL when money supply increases, prices rises (best example is the hyperinflation in Germany post WW).

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Posted by: Phooka.9042

Phooka.9042

Mob loot is broken.

Economy is broken.

The inflation is skyrocketing. The money I saved up is quickly being devalued.

So much for “we respect the player” or “we respect the players’ time”. The time I put in saving up gold before 11/15 has just been devalued.

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Posted by: Phooka.9042

Phooka.9042

Also the drop rate has NOT been nerfed or w/e. Its called a drop chance so you have a chance to get an item or not. So its all luck. One day you can loot 3 exotics and the next day you’ll loot nothing. Get used to it or go play something else.

Wow.

I mean, wow.

This has to be the most mathematically uninformed thing I’ve ever read on the internet so far. Wow. shakes head and weeps

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Posted by: stof.9341

stof.9341

You do not need ecto’s to be “up-to-par” with other players.

You can also get armor/weapons from:
Dungeons- WvWvW – Random drop

Are you playing without trinkets? You know they are half your equipment stats at least?

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Posted by: Humposaurus.5764

Humposaurus.5764

Trinkets drop from mobs or get them in Fractals. No crafting required.

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Posted by: stof.9341

stof.9341

Trinkets drop from mobs or get them in Fractals. No crafting required.

Good luck getting a full set of exotic trinkets of the stats you want that way XD Even getting ONE exotic trinket that way would be a miracle.

(edited by stof.9341)

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Posted by: Humposaurus.5764

Humposaurus.5764

I never said it was the optimal way. I’m just saying there are other ways beside crafting.

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Posted by: stof.9341

stof.9341

I never said it was the optimal way. I’m just saying there are other ways beside crafting.

That’s a ridiculous argument. Do we have to specify we want a way to get trinkets that doesn’t involve pure RNG and grinding for a year for a chance of having the right one we want?

Heck, playing the whole game itself is optional! After all, you might get the gear you need by mail, all it takes is someone sending gear to someone else and mistyping the name and sending it to you instead. It’s more likely to happen than getting a full exotic set of trinkets through drops.

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Posted by: Ganzo.5079

Ganzo.5079

Trinkets drop from mobs or get them in Fractals. No crafting required.

LOOL so lets kill definitely guild wars!
Man, one of the best aspects of this game and the most advertised, was building your char, and a build is composed by:

  • SKills
  • Traits
  • equipment

If you cant choose you statistics, you CANT BUILD!
If you rely on RNG to choose you statistics, YOU CANT BUILD!

Because, like Guild Wars before it, GW2 doesn’t fall into the traps of traditional MMORPGs.
It doesn’t suck your life away and force you onto a grinding treadmill"
LOL

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Posted by: Rukia.4802

Rukia.4802

Trinkets drop from mobs or get them in Fractals. No crafting required.

Good luck getting a full set of exotic trinkets of the stats you want that way XD Even getting ONE exotic trinket that way would be a miracle.

I’ve been playing GW2 since early launch and I have not found even one trinket, rings or otherwise. I imagine an exotic trinket specifically would have a 1 in 10 billion chance to drop for me.

“I find this rain quite pleasant, it feels as though raindrops are blessing our victory”

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Posted by: moirweyn.9872

moirweyn.9872

They are how much? Shut down the servers! Game over man!

No, seriously – I just crafted a full set of exotic gear yesterday and it ended up costing me about 10g to fill in the stuff I was missing. And I don’t do FoTM or dungeons at all. I just WvW and PvE when I get tired of WvW.

“There are two types of people in the world…and I don’t like them.”

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Posted by: yarpen.1364

yarpen.1364

Some time ago, when ecto was worth 13 silver and we had many many bots on maps, we had different problems. Playing games was just not “worth it”.
Now we have the opposite. Get 4/5 powerfull bloods = 1 g. Drop 4 rares and get 4 ecto from it = 1.5 gold with all mats.
Playing is just worth it. It even doesn’t matter where you want to play. On fractals you can get some small amount of mats (or higher if fighting with dredge and grawl) + quite high amount of rare and exotics + high amount of greens (so probably potential rares) + lodestone/cores. What we don’t have is flat amount of coin like in other dungeons, karma and xp. And those aspects are covered by dungeons and event farming. There are now plenty ways to get some coin in game.

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Posted by: Astralporing.1957

Astralporing.1957

Some time ago, when ecto was worth 13 silver and we had many many bots on maps, we had different problems. Playing games was just not “worth it”.
Now we have the opposite. Get 4/5 powerfull bloods = 1 g. Drop 4 rares and get 4 ecto from it = 1.5 gold with all mats.
Playing is just worth it.

It isn’t. The prices skyrocketed because these items just don’t drop as much as before. It doesn’t matter if items you get cost 5x more, if your chance to get them is 10x less. O rather it matters – you not only don’t earn more money than before, but that money you earn is now worth way less.

It even doesn’t matter where you want to play.

It does. Fractals are the most rewarding option now, with other dungeons a far second. Open world is not even close to either.

Actions, not words.
Remember, remember, 15th of November

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Posted by: Ryuujin.8236

Ryuujin.8236

Gosh there are so many tinfoil hats in this thread!

Let’s have a look at the facts, facts exist

Here’s the data for ecto
http://www.gw2spidy.com/item/19721

The red bars are demand, blue bars are supply. The red line is asking price, the blue line is order price.

Over the first month things were still ramping up, hardly anyone was 80 or farming orr both supply and demand still growing – ecto during this period averages around 20 silver. Supply peaks over the halloween period due to the extra players, dropping the price as low as 12-13 silver.

Around 5-10th of November arenanet goes on a huge bot banning spree and you see supply of ecto drop to a new lower level, despite the cheap supply available there is no significant spike in ecto demand – speculators, if any are not having a significant effect on the economy

From then til now, demand for ecto remains high and even continues to grow slowly while supply remains at it’s new post-bot banning levels, as a result the stockpile of cheaper ecto continues to dwindle, forcing up the prices across the board.

tl;dr

In summary

  • There has been no reduction in rare/ecto drop rate, only a reduction in botters and plinx runners farming it.
  • The rising price is due to demand vastly out-stripping supply
  • Speculators are not significantly affecting the price
  • Ecto is a poor short term investment choice, seeing only 30% growth in the last 2 weeks, day traders arn’t flipping it.

Alternatively, arenanet has some really convoluted conspiracy going on where they manipulate market prices in just such a way that it looks exactly the players have caused it… I’m going with the former theory however, this is a hell of our own making. Everyone wants a piece of the crafting pie and now we’re all fighting over limtied resources

The Ashwalker – Ranger
Garnished Toast

(edited by Ryuujin.8236)

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Posted by: ref.8196

ref.8196

This was expected. It’s going back down, this was also expected.

Looks fine to me.