Guild Wars 2

So the last ~2-3 days have seen ori, ancient wood and gossamer steadily dropping. Any idea why?

More people reaching the level to be able to gather them = more supply. More supply w/ static demand = prices fall?

.. or maybe evil waves of teleporting hackers driving down prices?

.. just some people kitten’ing with the market on purpose?

Orichalcum / Ancient Wood: More and more people hitting high level zones, farming @ 80 – exploiters homeworld hopping for free 24/7 (yes, you are an exploiter)

Gossamer: More and more people hitting high level zones, farming @ 80

Also, lots of bugged skill points fixed = lots of Orr zone completions with orichalcum/ancient wood/gossamer as potential rewards

People getting 80, people teleport hacking, people swapping servers 24/7 to farm, less overall demand since people have their items, etc

basically what I was thinking, just seems kind of random timing for it to kick in and steadily sink. Mayhaps its mostly related to the server hoppering.

Sylv.1960:

So the last ~2-3 days have seen ori, ancient wood and gossamer steadily dropping. Any idea why?

Temporary. There were a lot of Skill points fixed recent that allowed many people to complete Orr zones, which can yield a 40 stack of these high level materials. That alone can result in a temporary increase in supply.

Yeah. I feel you, I bought a stack of ancient wood right before they crashed (oh speculation, how you can backfire). Lost a couple gold overnight.

bots free farm, instantly sell on the market = more flood on the market, prices go down for legit players trying to farm them for gold

rid of bots = balance the market

Basically very few people can actually craft using those right now and lots of people are just farming the crap out of them. End up with a value crash. Bots do have an effect but I’d imagine it to be rather small as of now.

Esrever.8613:

Basically very few people can actually craft using those right now and lots of people are just farming the crap out of them. End up with a value crash. Bots do have an effect but I’d imagine it to be rather small as of now.

Actually more to the point I have full oranges, I have 0 use for them now til I make a legenday…so they all get sold beyond the 250 I can hold in the bank

Prices will also always fall during the weekdays and then skyrocket, more or less, on the weekend. This is because during the week there are fewer people purchasing mats due to fewer people playing. When the weekend comes around the prices go up because demand goes up. It’s almost always a safe bet to buy things Monday-Thursday then sell them back Friday-Sunday as you should make a profit.

Sadly, I was like the OP when I saw the prices dropping. I knew they were going to go back up on the weekend so I sold my stack of Ori Ore for roughly 2s 10c. Today I check and it’s already back over 3s. Sad puppy was sad but that’s how it works.

Side note, Fluffy, if you’re saving the ore, save 500, because legendaries require 250 ingots

The server hop has been extended to 24 hours now so we will definitely see an increase as that was causing a supply glut.

Having said that, more people are getting to 80 also so there will be some see-sawing going on for a bit… not to mention the authentication problems they are having with their financial servers/databases.