(edited by Psychol.5783)
Will gold price of gems ever drop?
I would say it is unlikely that it will drop, simply due to the fact that gold is so easy to come by in the game that trading gems for gold is quite useless and therefore the price will rise due to the lack of supply.
Krall Peterson – Warrior
Piken Square
due to the fact that gold is so easy to come by
I agree, now they added these achievement chests with gold rewards maybe it’s a small ammount but there is a lot of people which means a lot of gold in the pool.
Second, they are adding new things every new Living Story.
Third, will Anet let price of gems drop?… I highly doubt about this.
I agree, now they added these achievement chests with gold rewards maybe it’s a small ammount but there is a lot of people which means a lot of gold in the pool.
Second, they are adding new things every new Living Story.
Third, will Anet let price of gems drop?… I highly doubt about this.
The price was (and still is) quite low, if they didn’t want it to drop they wouldn’t have it as a supply and demand model.
Krall Peterson – Warrior
Piken Square
Since the only thing that pushes the price down is people converting gems to gold, and the biggest reason to do that is frustration at not being able to advance via normal play, I’d say every step they take to provide attractive rewards for play also quietly pushes gem prices up.
I wonder what your basis for comparison is…”
- Jareth, King of Goblins.
The price was (and still is) quite low, if they didn’t want it to drop they wouldn’t have it as a supply and demand model.
Maybe at the beginning Anet wanted this option but now they could’ve change their minds and instead of deleting and anger the gamers they control price.
Maybe at the beginning Anet wanted this option but now they could’ve change their minds and instead of deleting and anger the gamers they control price.
Is there anything that even points towards this, or are you just trying to come up with conspiracy?
Krall Peterson – Warrior
Piken Square
Considering the gold → gem price changes pretty much minute by minute… having someone manually controlling the fluctuations would be insane, even then there would be mistakes where it would stay flat for some period of time.
Which means the system uses an automated system and its likely as the devs described. I am not prepared to call the devs liars without some evidence beyond ‘I think this so it must be true’.
Apathy Inc [Ai]
You’ll see a big surge in the gem→gold exchange rate when a really attractive item that costs gold (or items on the TP) is released – for the same reason you see a gold→gem surge when a particularly attractive item shows up in the gem store.
In the long run the current trend will likely continue until there’s a major expansion is released that brings a lot of interest with it.
The price is already fairly low all things considered and it’s been fairly steady for a good 4-5 months now so I don’t see 10g per 100 gems coming anytime soon… too many people are happily converting gems to gold via money to keep the price from going that high
The idea of gems in the first place is a new thing being test I think, GW1 didn’t have them and I still purchased the costumes and junk with my real money, they should have kept this going with GW2, there is no basis of trade like in the stock market with gems, so there is no reason they should keep going up, get rid of the gems and get back to basic, with just purchasing what you need by using real money.
The trade of gold to gems needs to be improved if they will not get rid of the gems, when you trade them back and forth they should be the same, 3gld=100gems, 100gems=3gld, but it not like that, you receive less gold per gem even though you paid real money for the gems. Anet team really needs to pay attention to the stock market and money conversion companies of real time earth!
I’m asking the same thing for the price of a coca soda for the last 20 years…. will it ever go down again?
Nope, you will probably see it worst.
It’ll drop in the short term but always trend up in the long term.
The #gems are constant, ie the value of the gem is defined by the market and not by ANet. Thus as people can earn more and more gold the gem prices will continue up, if we see a big trend where gold is removed from the economy quicker than people can earn it then we will also see a drop in gem prices…
Is this likely to happen? No, ANet has probably a set target for how much gold is introduced to the economy (this is a positive number since its a better player experience).
The exchange was stocked with a large fix number of gems and some amount of gold at launch. The ratio of Gold to Gems sets the price. At launch it was around 30s per 100 gems.
When a player converts gold to gems, his gold is added to the exchange’s gold and he gets gems back. Now the exchange has more gold and fewer gems than it once did so the price of gems goes up.
When a player converts gems to gold, his gems are added to the exchange’s gem supply and gets gold back. Now the exchange has less gold but more gems than before the price of gems goes down.
Only time gems are created from nothing post launch is with cold hard cash. They are destroyed when spent while any traded to the exchange is set aside for players willing to pay gold.
RIP City of Heroes
They’ll go down a little… IE: drop under 3g for a bit after this long overdue inflation fix to COF speedrunning. But they’ll NEVER see the sub-1g prices they were at initially in 2012.