Legendary losses/breaking even

Legendary losses/breaking even

in Black Lion Trading Co

Posted by: Behellagh.1468

Behellagh.1468

And of course I’ve noticed a spike in copper ore and bronze ingot (in an attempt to shortcut) prices and a depression in iron ingot prices since this method’s been discussed.

And players wonder why others don’t like to share their methods of earning a little extra coin.

We are heroes. This is what we do!

RIP City of Heroes

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Posted by: Wanze.8410

Wanze.8410

And of course I’ve noticed a spike in copper ore and bronze ingot (in an attempt to shortcut) prices and a depression in iron ingot prices since this method’s been discussed.

And players wonder why others don’t like to share their methods of earning a little extra coin.

They start crafting legendaries for profit again soon.

Tin Foil [HATS]-Hardcore BLTC-PvP Guild
Bloin – Running around, tagging Keeps, getting whack on Scoobie Snacks.

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Posted by: Romek.4201

Romek.4201

And of course I’ve noticed a spike in copper ore and bronze ingot (in an attempt to shortcut) prices and a depression in iron ingot prices since this method’s been discussed.

And players wonder why others don’t like to share their methods of earning a little extra coin.

They start crafting legendaries for profit again soon.

lol^^

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Posted by: Ayrilana.1396

Ayrilana.1396

So i did some more calculations on tiny fangs to small fangs promotion.

Tiny fangs go for 35c and you need 50 of them per promotion. Small fangs go for 1s72c and you need 1 for promotion but get 16 per Egg Baron’s guide. The wiki says 18.51 but I’ll go with the lower of the two. Shimmering Dust goes for 15c and you need 5. You only need 0.1 of a skill point so you can do this promotion 10 times per skill point. All prices are at sell order prices to not include any profits between buy and sell orders.

It costs 19s97c per promotion. If you get 16 small fangs, you get 27s52c. After taxes this is 23s39c. The profit is 3s42c from one promotion and 34s22c from one skill point. If you placed buy orders then you’d make 65s12c but 30s90c of that would have came from the differences between buy and sell orders which have nothing to do with the promotion itself.

This yields more profit per skill point than copper ore to iron ingots. Small fangs are a material listed in at least one crafting guide on gw2crafts so there could be decent movement for them. As with any easy profit posted publicly, it’ll likely become unprofitable within a matter or hours which is why I didn’t post the others.

Legendary losses/breaking even

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Posted by: Wanze.8410

Wanze.8410

So i did some more calculations on tiny fangs to small fangs promotion.

Tiny fangs go for 35c and you need 50 of them per promotion. Small fangs go for 1s72c and you need 1 for promotion but get 16 per Egg Baron’s guide. The wiki says 18.51 but I’ll go with the lower of the two. Shimmering Dust goes for 15c and you need 5. You only need 0.1 of a skill point so you can do this promotion 10 times per skill point. All prices are at sell order prices to not include any profits between buy and sell orders.

It costs 19s97c per promotion. If you get 16 small fangs, you get 27s52c. After taxes this is 23s39c. The profit is 3s42c from one promotion and 34s22c from one skill point. If you placed buy orders then you’d make 65s12c but 30s90c of that would have came from the differences between buy and sell orders which have nothing to do with the promotion itself.

This yields more profit per skill point than copper ore to iron ingots. Small fangs are a material listed in at least one crafting guide on gw2crafts so there could be decent movement for them. As with any easy profit posted publicly, it’ll likely become unprofitable within a matter or hours which is why I didn’t post the others.

The reason why tier 1-2 common mat promotion was so profitable for a long time is that its not included in eggbarons guide, while his guide is commonly linked when someone asks for the best way to spend their skillpoints.

People trust too much in spreadsheets and other peoples info than looking for opportunities themselves and doing their own research.

Tin Foil [HATS]-Hardcore BLTC-PvP Guild
Bloin – Running around, tagging Keeps, getting whack on Scoobie Snacks.

Legendary losses/breaking even

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Posted by: Ayrilana.1396

Ayrilana.1396

Yep. And that’s but just one reason why there’s wealth disparity among players.

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Posted by: Wanze.8410

Wanze.8410

Yep. And that’s but just one reason why there’s wealth disparity among players.

I call it skill disparity.

Tin Foil [HATS]-Hardcore BLTC-PvP Guild
Bloin – Running around, tagging Keeps, getting whack on Scoobie Snacks.

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Posted by: mtpelion.4562

mtpelion.4562

Yep. And that’s but just one reason why there’s wealth disparity among players.

I call it skill disparity.

I call it spreadsheet envy.

Server: Devona’s Rest

Legendary losses/breaking even

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Posted by: Wanze.8410

Wanze.8410

Yep. And that’s but just one reason why there’s wealth disparity among players.

I call it skill disparity.

I call it spreadsheet envy.

Well, what do you expect form people that let their phone tell them how to navigate their cars?

Tin Foil [HATS]-Hardcore BLTC-PvP Guild
Bloin – Running around, tagging Keeps, getting whack on Scoobie Snacks.

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Posted by: Behellagh.1468

Behellagh.1468

And in only a few days Copper Ore prices went up 20%, Bronze Ingots up 24% and Iron Ingots down by 5% and all profits are wiped out of this little niche until enough players get burned and forget about it again.

We are heroes. This is what we do!

RIP City of Heroes

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Posted by: Qazwersder.3574

Qazwersder.3574

Fantastic thread. Surprised by the openness with which posters have spoken.

I have a similar spreadsheet myself, for common, fine and rare material promotions however I had never known there was a range, I assumed the minimum and failed to do enough of my own research.

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Posted by: Brother Grimm.5176

Brother Grimm.5176

Yep. And that’s but just one reason why there’s wealth disparity among players.

I call it skill disparity.

I call it spreadsheet envy.

Well, what do you expect form people that let their phone tell them how to navigate their cars?

…or their entire lives….

…… and failed to do enough of my own research.

Why “Easy” money doesn’t really exist…..

We go out in the world and take our chances
Fate is just the weight of circumstances
That’s the way that lady luck dances

(edited by Brother Grimm.5176)