Guild Wars 2

In particular I found a resilent krytan dagger lvl 20 green … I can’t think of a single reason why anyone would buy this for that much. And there’s several more orders for it at 28s.

It’s a common skin.
It has toughness.
The green power dagger is hella cheap.

>.>

Dont buy it then…

Wanze.8410:

Dont buy it then…

TY for solving this very strange mystery.

People buy it 40s and sell it at 60s, its called flipping.
People want a green dagger with toughness, once they hit lvl 20 and buy it.

Wanze.8410:

People buy it 40s and sell it at 60s, its called flipping.
People want a green dagger with toughness, once they hit lvl 20 and buy it.

People who use toughness in pve especially at that lvl are probably “newb.”

Newbs probably arent going to spend 60s on toughness when there’s same level green str/vit/prec / w/e daggers going for 1/10th of the price.

Also there’s a same stat / level different skin toughness dagger going for 1/6th of that price.

Must be a very niche market with extremely low volume… xD

hunnybun.1380:

Must be a very niche market with extremely low volume… xD

There you have it, you just answered your own question.
You can close this topic now.

Wanze.8410:

People buy it 40s and sell it at 60s, its called flipping.
People want a green dagger with toughness, once they hit lvl 20 and buy it.

in other words, the entire economy of the game is supported by brainless newbies and sharks

Wanze.8410:

hunnybun.1380:

Must be a very niche market with extremely low volume… xD

There you have it, you just answered your own question.
You can close this topic now.

I was hoping for someone to come in and say… Oh its actually b/c of [nonstupid reason here]

TIL never ask questions. Always guess and be satisfied.

hunnybun.1380:

Wanze.8410:

hunnybun.1380:

Must be a very niche market with extremely low volume… xD

There you have it, you just answered your own question.
You can close this topic now.

I was hoping for someone to come in and say… Oh its actually b/c of [nonstupid reason here]

TIL never ask questions. Always guess and be satisfied.

Well, sorry to disappoint.
Whenever you see spreads like that its flippers, which means that people actually buy that dagger for 60s.
Back when essences of luck got introduced, people bought up large quantities of useless greens. For example, they bought 100 tridents which started at 1.34 silver but there werent that much available at 2s and in the end, tridents 95-100 cost them over 50s because they didnt care to check before purchasing. During that time i sold many blues and greens for over 1g.
Its preying on the careless but i dont care.

Wanze.8410:

hunnybun.1380:

Wanze.8410:

hunnybun.1380:

Must be a very niche market with extremely low volume… xD

There you have it, you just answered your own question.
You can close this topic now.

I was hoping for someone to come in and say… Oh its actually b/c of [nonstupid reason here]

TIL never ask questions. Always guess and be satisfied.

Well, sorry to disappoint.
Whenever you see spreads like that its flippers, which means that people actually buy that dagger for 60s.
Back when essences of luck got introduced, people bought up large quantities of useless greens. For example, they bought 100 tridents which started at 1.34 silver but there werent that much available at 2s and in the end, tridents 95-100 cost them over 50s because they didnt care to check before purchasing. During that time i sold many blues and greens for over 1g.
Its preying on the careless but i dont care.

gotcha.. thats evil xD

You think what you sold was crazy, I sold a level 3 blue dagger once for a gold plus a couple of silver.
http://www.gw2spidy.com/item/24939

Astral Projections.7320:

You think what you sold was crazy, I sold a level 3 blue dagger once for a gold plus a couple of silver.
http://www.gw2spidy.com/item/24939

Hmm I think those actually have a purpose though:

http://www.reddit.com/r/Guildwars2/comments/1322ak/what_are_half_eaten_weapons_used_for/

tldr gives u op stats in wvw or something. The price doesn’t seem to be purely artificial

Yah, maybe so. I just happened to find one in my inventory one day and couldn’t believe the price.

Astral Projections.7320:

You think what you sold was crazy, I sold a level 3 blue dagger once for a gold plus a couple of silver.
http://www.gw2spidy.com/item/24939

I raise you a Heavy Bag of Coins, sold for 20g this weekend.

Wanze.8410:

Astral Projections.7320:

You think what you sold was crazy, I sold a level 3 blue dagger once for a gold plus a couple of silver.
http://www.gw2spidy.com/item/24939

I raise you a Heavy Bag of Coins, sold for 20g this weekend.

wtf I dont even

hunnybun.1380:

Wanze.8410:

Astral Projections.7320:

You think what you sold was crazy, I sold a level 3 blue dagger once for a gold plus a couple of silver.
http://www.gw2spidy.com/item/24939

I raise you a Heavy Bag of Coins, sold for 20g this weekend.

wtf I dont even

Speculators are a funny bunch.

Wanze.8410:

Astral Projections.7320:

You think what you sold was crazy, I sold a level 3 blue dagger once for a gold plus a couple of silver.
http://www.gw2spidy.com/item/24939

I raise you a Heavy Bag of Coins, sold for 20g this weekend.

Ok. Yours is true insanity.

Could be a new group has formed to sell gold? No real reasoning for an item with no character or esthetic value to be trading for such prices. Only other reason is someone mistakenly put in the wrong values into a piece of software before going on holiday. They’ll be sorry when they get back home

The same goes for a level 3 weapon. It’s a rather poor choice in stats and you blow past level 3 in 15 minutes.

Whenever things don’t make sense on the TP, it’s always traders playing.

DeWolfe.2174:

Could be a new group has formed to sell gold? No real reasoning for an item with no character or esthetic value to be trading for such prices. Only other reason is someone mistakenly put in the wrong values into a piece of software before going on holiday. They’ll be sorry when they get back home

The same goes for a level 3 weapon. It’s a rather poor choice in stats and you blow past level 3 in 15 minutes.

Whenever things don’t make sense on the TP, it’s always traders playing.

I’ll try my best to answer both of these with some common sense w/o invoking ‘speculators/flippers’ who buy and sell from each other/themselves…LoL.

The level 20 toughness dagger can be explained, although slightly contrived, hear me out. As Wanze said, a ton of low level items where bought causing prices to soar quite high. The professions which use daggers are all very squishy at this level and many players will be inclined to toss some toughness into their build for survival. Over time these prices have all trickled back down from their insane prices. However, with a lot of players having heaps of money and turning 1 yr old, there are many players skipping directly to level 20. They buy these lvl 20 gears reguardless of price b/c: a) they are in too much of a hurry or b) they don’t care. That’s really the only sense I can make of it.

As for level 2-3 gear selling for a bit, what you said about quickly getting to level 2-3 and then by-passing it, I feel, has a lot to do with this. The fact that people level past these so fast means there are FAR fewer of these in circulation, as you are likely to make it to level 3-4 with only getting 15 or so drops. Most of these 15 are likely to be mats or junk, and not even gear, so there are much less in supply.

Now, as for who would actually buy these low level weapons, in low stock, at a hefty price, which, very quickly, become irrelevant…only one thing comes to mind…‘farmers’. These low level gears do have a niche market indeed, as they can be accessed very quickly, can be stored in the bank for future use, and have valuable stats at such a low level.

These are the only LOGICAL reasons I can think of w/o invoking any ‘extra entities’. I’m not saying they’re right but, they do have merit.

I wonder if it might be gold farmers using the TP to “launder” their profits from one account to another… The connection between the buyer and seller would be extremely well camouflaged, except for those who had been told what exactly to look for.

If by “farmers” would you be referring to key farmers? Then that would not be the case as blue gear is account bound. You simply reuse the same gear over and over. Not to mention with every pass you are still acquiring drops too. So farmers would be adding supply, not adding demand.

Though I will agree some people just buy without the slightest regard it seems. I noticed a low level craftable food had no supply. So I put one up for 1g and it was purchased in no time. I just shook my head in disbelief.

Oh no, I’m referring to actual bot gold farming accounts. To bypass surveillance and help cover their tracks, they buy up a variety of obscure, unwanted items, then sell those items on the TP for ridiculously inflated prices that no sane player would buy. The farm account then buys these items and thus funnels the farmed gold to the secondary account in a way that would be very difficult to track.

I bought 1 lvl glyphic bow for 15s for black lion key run for example. There are half-eaten weapons for ~1 gold because of their funny name.