Guild Wars 2

So after today’s patch the price for vicious claws and fangs just halved. Can anyone tell me why?

Couple reasons.

1. The new patch encourages people to go out and explore the world once more, = less sitting in LA
2. The patch increased the drop rate of T6 bags = more supply
3. The patch is 1gb+, a large amount of consumer has yet to login
4. A large amount of investors that contributed to maintain the stability of market has allocated their resource elsewhere, which is why many markets crashed,and if i correctly assume the market they invested in, then their wealth should almost doubled.

I’m guessing that folk bought stacks of them hoping that the new content would use them in some way, then sold them off when it became clear it didn’t.

Don’t worry it screwed me too. Thankfully I sold all my armored scales yesterday at 10s+, and I dumped all my claws at the 9s+ buy orders today after the patch. Fangs sunk too low too fast so now I’m just waiting for them to rebound somewhat.

they are already rising again…seriously panic sales

Sky.7610:

4. A large amount of investors that contributed to maintain the stability of market has allocated their resource elsewhere, which is why many markets crashed,and if i correctly assume the market they invested in, then their wealth should almost doubled.

ROFL: You mean the people flipping claws and fangs to an unsustainable price have cut and run

@cargan: No, flippers don’t care about rising prices as much as they care about margins. He’s referring to investors/speculators who buy up supply in anticipation of a future price rise.

Astraea.6075:

@cargan: No, flippers don’t care about rising prices as much as they care about margins. He’s referring to investors/speculators who buy up supply in anticipation of a future price rise.

Good point, speculator is a much better term

cargan.5689:

Sky.7610:

4. A large amount of investors that contributed to maintain the stability of market has allocated their resource elsewhere, which is why many markets crashed,and if i correctly assume the market they invested in, then their wealth should almost doubled.

ROFL: You mean the people flipping claws and fangs to an unsustainable price have cut and run

So what exactly is this “unsustainable price” ??

Belexes.4923:

cargan.5689:

Sky.7610:

4. A large amount of investors that contributed to maintain the stability of market has allocated their resource elsewhere, which is why many markets crashed,and if i correctly assume the market they invested in, then their wealth should almost doubled.

ROFL: You mean the people flipping claws and fangs to an unsustainable price have cut and run

So what exactly is this “unsustainable price” ??

maybe he meant unstable prices?

Oldgrimm.8521:

Belexes.4923:

cargan.5689:

Sky.7610:

4. A large amount of investors that contributed to maintain the stability of market has allocated their resource elsewhere, which is why many markets crashed,and if i correctly assume the market they invested in, then their wealth should almost doubled.

ROFL: You mean the people flipping claws and fangs to an unsustainable price have cut and run

So what exactly is this “unsustainable price” ??

maybe he meant unstable prices?

By unsustainable price he means that people have manipulated the price of claws and fangs above their equilibrium price. Therefore, without constant intercession by the manipulators the price falls back to the equilibrium price. Hence the price is unsustainable.

In contrast, if someone buys up all of the stock of some item (precursor), relists it a higher price, and that higher price becomes the new norm, then the higher price is sustainable.

TooBz.3065:

Oldgrimm.8521:

Belexes.4923:

cargan.5689:

Sky.7610:

4. A large amount of investors that contributed to maintain the stability of market has allocated their resource elsewhere, which is why many markets crashed,and if i correctly assume the market they invested in, then their wealth should almost doubled.

ROFL: You mean the people flipping claws and fangs to an unsustainable price have cut and run

So what exactly is this “unsustainable price” ??

maybe he meant unstable prices?

By unsustainable price he means that people have manipulated the price of claws and fangs above their equilibrium price. Therefore, without constant intercession by the manipulators the price falls back to the equilibrium price. Hence the price is unsustainable.

In contrast, if someone buys up all of the stock of some item (precursor), relists it a higher price, and that higher price becomes the new norm, then the higher price is sustainable.

Yes, but temporary market volatility caused by a major patch does not in any way equal unsustainable prices.

That would be the case, but it only takes 1 other person that is hoarding to give up and put his stuff at a lower price and multiple people to undercut and move things lower.

I tried keeping ugly socks and stuff up to a nice profitable price for Wintersday and lost my kitten. Better to just go with the flow and take what the market gives you instead of playing the manipulation game and lose your kitten

TooBz.3065:

Oldgrimm.8521:

Belexes.4923:

cargan.5689:

Sky.7610:

4. A large amount of investors that contributed to maintain the stability of market has allocated their resource elsewhere, which is why many markets crashed,and if i correctly assume the market they invested in, then their wealth should almost doubled.

ROFL: You mean the people flipping claws and fangs to an unsustainable price have cut and run

So what exactly is this “unsustainable price” ??

maybe he meant unstable prices?

By unsustainable price he means that people have manipulated the price of claws and fangs above their equilibrium price. Therefore, without constant intercession by the manipulators the price falls back to the equilibrium price. Hence the price is unsustainable.

In contrast, if someone buys up all of the stock of some item (precursor), relists it a higher price, and that higher price becomes the new norm, then the higher price is sustainable.

Yup what he said. Mid January the prices on a whole raft of crafting materials jumped in price by roughly 100% both t6 and t5, the cost to craft any thing was becoming prohibitive. I and other crafters i know stopped crafting and sold off mats because i could make more from the raw items than i could making and breaking or crafting for sale.
People who craft one item to use may chose to pay a higher price but they dont burn through many mats. People who make large numbers of items burn though hundreds of mats when the components are priced too high to make that worth while in my opinion that price is unsustainable.

Well they shot back up now, wish I had caught them while they were cheap XD