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Posted by: Jimaruto.5389

Jimaruto.5389

I have decided to make a post of this matter (after months of frustration) because I think, the price has finally reached a godlike height. Right now (and I don’t know for how much longer) dusk’s price is 2000g!

Firstly, I have to say some things for myself . I have studied economics in my life and I have in my possession a Masters degree in Applied Economics. Why I mention this? To explain to the world in some simple words why this phenomenon (the high prices of precursor weapons) is not a “balanced economic state” which was created as a result of the 2 forces: demand & supply of the precursors, but a monopoly situation of rich people which in real world would be banned and prevented.
2-3 months ago the price of the precursor weapons were some hundreds gold cheaper. For example, dawn and dusk costed around 400-500g and 800-900g respectively. If we go further back in time we see that their price was even lower: 200g and 400g respectively. To sum up, the more we go back in time, the cheaper they were!
In economics there are some “logical” causes for an item to change in price. Changes in demand (less or more people want a precursor), changes in supply (less or more people sell a precursor) and changes in some other factors (example: money gets easier or harder to make in-game) affect prices. Some of these things happened and the following changes in precursor weapons’ price changed in logical limits. For example, money making got easier and as a result their price rose. Another significant change was making legendaries account-bound, making players able to choose any stat and applying legendaries’ skin many times at any weapon. This rose the demand of legendaries and as a result precursor weapons’ price went up again. But what happened at some points and what happens now is far more interesting.
We see (and saw in some past cases) a phenomenon where changes to factors that affect precursor weapons’ price weren’t happening (example weeks between patches) and their price was going way up! Nothing was happening, but their price kept raising dramaticaly! If anyone could monitor this phenomenon in tp, he/she would have easily discovered that there are some “economic games” going on: 1) Players that are billionaires (have much gold in-game) buy all the precursor weapons in low prices until nothing is left for selling in tp. 2)Then they set their starting “selling price” as they like at high levels and make huge money. As a result…the rich becomes richer and the poor becomes poorer (because we have to buy precursors in godlike prices).
So, why don’t the poor people make the precursor weapons at mystic forge and stop caring of what is going on with their price in tp? Because it is luck(!)…..luck with a low possibility! That means you can try as many times ..wasting thousands of money and there is still a high possibility you won’t still get one! I believe we all have friends who wasted hundreds of gold in mystic forge and got no precursor weapon at all! Of course, there is the other side of the coin where a few throw 4 gold only in mystic forge and get a precursor! But as I said…it is luck…luck with a low possibility!
So how do we break that phenomenon of monopoly of the rich people? How do we make the game even for all players?(!)(!) Well, Anet already announced the solution! Back in 2013 Anet officialy announced that at some point in the future there is gonna be new ways of getting a precursor weapon (was mentioned through crafting or hunting maybe). By doing this more people will have hands on a precursor weapon (with 100% chance of getting one! ) and as a result the supply of precursor weapons will raise and that is gonna bring prices down to logical levels again! But why Anet isn’t going forward with this plan? Why in mid 2014 we still get no update about this matter, although it was announced in 2013? The answer is: I don’t know! …I believe China comming into game recently affected this plan (because Anet will have to coordinate the patches).
So, the purpose of this post is this: To protest to Anet of letting this phenomenon raging in tp so many months and for not adding the other ways of getting a precursor yet. Many people have saved much money these past months. And I find it wrong for them to waste this money and be ripped off by the economic games of billionaires than to spend them deservedly in a healthy, economic competition enviroment.

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Posted by: zenleto.6179

zenleto.6179

That’s it, I’m selling mine!

Fire up the Hyperbowl ma, we’re going to town!

Would you like some hard cheeze with your sad whine?

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Posted by: Eric.1340

Eric.1340

I don’t like bashing Anet because I love this game and have played since launch. But in my opinion they have handled precursor crafting terribly. I have crafted two legendaries and have had to buy the precursor for both of them. I am working on my third which just happens to be twilight. I have almost 800g and thought I was getting close to dusk so I am a bit frustrated. I have accepted long ago I will never get a precursor drop.

Fort Aspenwood

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Posted by: HHR LostProphet.4801

HHR LostProphet.4801

I dont dislike TP baroning because they are rich, i dislike it because the game reward systems are too based around the economic style of the Items team, and not enough about game design.

the problem is the things the game are the best at, dynamic events, open world content, instances, etc, are not properly rewarded, or have weak incentives (not just talking about gold here) And while the pittance of copper from events isnt much, its really sad to see events get even less incentive for completion.

Its sad to see that common players who primarily kill stuff will have less available money, and also make less money from sales, (because the bulk of day to day materials are collected by all players) Dudes in the Tp forum even have graphs and equations showing how prices for day to day farmable goods will drop with peoples wealth.
So who wins? The people who dont earn based on drops. The gap between regular play wealth and tp mastery wealth grows, and that benefits no one but TP players. Playing the game feels less rewarding, and i have to run merchant based activities more when i want to make money, which i find boring.

Hopefully the last blogs have something built in that will actually foster some type of progression or reward systems that work to incentivize people to do more interesting activities, but im not too hopeful.

I don’t like TP flipping at all. Those guys do nothing but buying and selling stuff and yet get the most gold out of it, while people who play the game how it’s meant to be played earn less and less gold. Ofcourse, you could argue that making profit out of the TP requires some sort of skill. But I think those guys ruining enough in real life, they don’t have to ruin my game-experience too.

I happily repeat myself regarding that matter.

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Posted by: eth.4619

eth.4619

I got mine a couple weeks ago for around 880? Are you using place order method?

Fully Operational|80 Guardian – Fairly Operational|80 Mesmer
Ethereal Hurricane|80 Thief – Eaza Hurricane|80 Thief – Forserialmist|80 Necro
Jade Quarry

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Posted by: eth.4619

eth.4619

Heck, even the actual twilight is only 2200 on the via place order…

Fully Operational|80 Guardian – Fairly Operational|80 Mesmer
Ethereal Hurricane|80 Thief – Eaza Hurricane|80 Thief – Forserialmist|80 Necro
Jade Quarry

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Posted by: tolunart.2095

tolunart.2095

Next highest precursor the Legend is 1200g. Dawn is less than 1000g. There are only three Dusks available on the TP right now.

Looking at the records for Dusk at http://www.gw2tp.com/item/29185-dusk

it appears that there were three Dusks available around noon today for approximately 1200g each. So it looks like someone with a lot of gold on hand (perhaps from speculating about the price of mats after the recent update) bought all three and is attempting to “flip” them.

All this means is that someone got greedy and will likely waste a lot of money on listing fees. New Dusks will drop and provide an opportunity for those who are lucky (or persistent with respect to the MF) who can then undercut the greedy seller and bring the prices back in line with the rest of the precursors.

So, what exactly is the problem here? Dusk was 1200g this morning. Tonight it’s a crisis that Anet was supposed to prevent… how? By telling someone he’s not allowed to buy an item from the TP and flip it? Supply is down since yesterday (there were as many as 12 Dusks for sale on 5/20) so it appears a few people took advantage of the market speculation to move forward in their journey towards Twilight. In a few days it will be back to normal.

Masters in economics? Really? You really expect anyone to believe that? I sure don’t, you have demonstrated an incredible lack of knowledge about the game economy that it took me, who never had an economics class in my life, two minutes to research.

(edited by tolunart.2095)

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Posted by: Ulion.5476

Ulion.5476

Precursor prices tend to be related to the cost of rares. ~250attempts with rares 0.4% or ~160 attempts with exotics 0.6% (average from forums and my friend who is in the precurosr market). Rare greatswords cost 65-70s or 2.5-2.8g per attempt, exotics 3.5-4.5g per exotic or 15-18g per attempt. The price of a dusk/dawn should be more than what it takes to craft one (675-2500g). Demand is high so it is extremely hard to keep any of the popular precursors in stock. 3 Dusks (2000g),14 Dawn (900g) in stock.

Ele – Tarnished Coast
“Quoth the raven nevermore”
Platinum Scout: 300% MF

(edited by Ulion.5476)

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Posted by: ProRulez.5207

ProRulez.5207

Can’t agree more, precursors should be craftable.
Anyway getting the gifts is long long grind and hard work, most of the people will never craft legendary anyway beacause of the gifts, and so i dont see why precursors cant be crafted.

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Posted by: Vesuvius.9874

Vesuvius.9874

Soooooo someone got lucky with their drops and is now trying to capitalize on it by selling ridiculously valued items on the TP. Why is this a problem?

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Posted by: Master of Timespace.2548

Master of Timespace.2548

All this means is that someone got greedy and will likely waste a lot of money on listing fees. New Dusks will drop and provide an opportunity for those who are lucky (or persistent with respect to the MF) who can then undercut the greedy seller and bring the prices back in line with the rest of the precursors.

If these guys would always just “lose lots of money on listing fees”, then they wouldn’t be able to buy ’cursors in the first place D;

? <(^-^><)>^-^)> <(^-^)> ?

(edited by Master of Timespace.2548)

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Posted by: DeadlySynz.3471

DeadlySynz.3471

Someone bought up all 3 and is attempting to flip them. More the reason why Anet should just abandoned gold completely.. preferably sooner rather than later.

Just institute either an elaborate crafting system and/or turn the TP into a barter house.

Much like Diablo 3, players can’t be left to control an economy without wrecking it. Greed plays too big of a factor when there is too much emphasis on gold.

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Posted by: Inculpatus cedo.9234

Inculpatus cedo.9234

Darn! I sold mine way too cheap. =(

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Posted by: KOPPER.1458

KOPPER.1458

1200g is a problem in the first place. Where is crafting already. While crafting might not be cheaper per se, I’d rather put forward that effort that grind out 1200 gold.

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Posted by: linuxotaku.4731

linuxotaku.4731

I have decided to make a post of this matter (after months of frustration) because I think, the price has finally reached a godlike height. Right now (and I don’t know for how much longer) dusk’s price is 2000g!

Unlike most accusations of manipulation, the disappearance of the 3 dusks around 1200g and the subsequent listing of 3 around 2000g does look like an attempt to flip an item with very low availability. What remains to be seen is if they will sell at 2000g; right now it looks like buy orders around 1200g are probably being filled, so it would be profitable to make a high buy offer (e.g. 1250g) and offer to sell at 15% above the purchase price (> 1470g) … I would be surprised if no one starts doing this. Also — the high buy offers will encourage more people to throw in rare and exotic greatswords in the hope of getting a dusk … increasing the supply. At a minimum, this flipper will encourage creation of more Dusks … and it seems likely that others will undercut these listings.

I won’t be buying precursors on the TP, because I think lottery systems are bad per se — I do think ANet needs to implement a better way to acquire them. But this particular example looks like one where the flipper is probably going to lose — there’s enough supply of new Dusks coming in that they’re likely to be undercut before those sell. And even if they do make money … I’ll consider it a bit dirty, but I think it will increase the supply of Dusks, which would be because people are willing to pay more for them.

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Posted by: psyckos.6893

psyckos.6893

Also — the high buy offers will encourage more people to throw in rare and exotic greatswords in the hope of getting a dusk … increasing the supply.

This is pretty much why I did it today. Bought 80 lvl 80 rare GS’s after reading this thread and on the 11th combination in the MF, I received a Dusk. Sold the remaining ones back to the TP and hyperventilated for a few minutes. My main reason for trying it again today (gambled with about 300G total…still surprising lucky), was because there was only 3 available on the TP, so I convinced myself that one was due to come out of the MF. Not going to sell it though. I’ve been working on Twilight for a while now.

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Posted by: Flash.6912

Flash.6912

I love how few people controlling the market

R.I.P Kumu <3

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Posted by: Lucente.5071

Lucente.5071

Its simple. The uber rich in game such as my self bought up a ton of the dusk/dawn precursors knowing that the demand will go up when Anet made eternity awesome. Just set the price to whatever I want and sit back and let the money roll in. The only way this will ever change is if pre cursors are easier to get or you take the money away from the uber rich. Which isnt going to happen.

Corrupted Moneybagz – Thief / Moneyz – Warrior
[vT] Violent Tendencies

(edited by Lucente.5071)

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Posted by: Flash.6912

Flash.6912

^ I’m gonna hax this guy account <3

R.I.P Kumu <3

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Posted by: Gasoline.2570

Gasoline.2570

Well, if you want it then pay up! You can get all the items in gw2 if you stop being cheap and just use the gemstore gold conversion! Smh!

The balance team is chained to SPVP, and the PVE team is all about producing carnivals

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Posted by: Caelus.7139

Caelus.7139

The silence from Anet regarding precursors is deafening.

GW2 has taught me that being a Mesmer is about..
..being a cynical forecaster.
..being a doom-monger….and being a hopeless jinxer.

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Posted by: a t s e.9614

a t s e.9614

Why dusk so expensive when twilight is the ugliest legendary?

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Posted by: tolunart.2095

tolunart.2095

Why dusk so expensive when twilight is the ugliest legendary?

They made improvements to Eternity in the last patch. Eternity = Twilight + Sunlight. This makes both Dawn and Dusk more valuable due to the increase in demand, but there are currently too many Dawns on the TP to do this with. But this morning there were only 3-4 Dusks.

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Posted by: Blood Red Arachnid.2493

Blood Red Arachnid.2493

For a master’s degree in economics, you haven’t said anything that I didn’t learn from career class in highschool.

Allow my crazy brain to work here for a moment: Precursors and legendaries in the game are not a necessary commodity. They are a luxury. Because they are a luxury, this means that buy price and list price are not the actual exchange rates for these items. No, the exchange rate is usually the result of some anonymous TP negotiations, between buyers constantly raising their offer, and sellers constantly lowering their price, until they collide and the price is reached.

I don’t have opinions. I only have facts I can’t adequately prove.

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Posted by: Muusic.2967

Muusic.2967

Economics really doesn’t have anything to do with this game. Items are spawned randomly influencing the value of the currency, Botters mass farm in ways no normal player would and the TP is like having the NYSE without the SEC.

I am inagining that Anet probably has an entire team dedicated towards nothing but tweaking the dynamics to balance the economy.

Be who you are and say what you feel for those who mind dont matter and those who matter dont mind
~Dr. Seuss

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Posted by: Saylu.8271

Saylu.8271

People are flipping precursors. Nothing you can do about it.

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Posted by: Allaraina.8614

Allaraina.8614

/praying for the day anet makes pres craftable/obtainable via some sort of epic quest

Except craftable pre requirements will probably look something like this:
x250 charged lodestones (2.5g each)
x250 other t6 mat (50s-1g each)
x250 snots of angels (priceless)
x1 thing you obtain not via tp orders

I’m just really hoping this isn’t the case and that they fix other loot in the game as well.

My 18 characters are waiting for outfits from GW1 like Tuxedos! WE GOT DWAYNA! =D
http://asuratime.tumblr.com/

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Posted by: Ryan.9387

Ryan.9387

If there wasn’t demand at high price levels the dusk wouldn’t sell. Still is supply and demand.

Ranger | Elementalist

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Posted by: Azhure.1857

Azhure.1857

Is it that Dawn drops in the world/toilet more often than Dusk?

Isle of Janthir Megaserver

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Posted by: Leeto.1570

Leeto.1570

DONT buy precursors!
I was saving up for spark, but not only i cant save enough gold cause price is rising faster but i decided kitten it! Just think about it, why some tool would deserve your hard earned gold for just beeing lucky? I wont give my hard earned money that i saved for month to some random guy who killed mob or dropped yellows in forge… I will just whine about incompetence of anet

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Posted by: Romek.4201

Romek.4201

there are tooo muuh rich kids buying things with credidcard

i crafted alot legendarys and sold them all for something like 3k+ gold and they always sold in 1-2 days

people who know how to make gold in this game would never buy a legendary from tradepost

and when i see how much $´s people have to pay for 1000 gold on goldsellers (we all get spammed with this info ingame) than no wonder prices go up

2k gold is 130 euro or something?

game is broken and arenanet to slow

(edited by Romek.4201)

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Posted by: Guyver.1426

Guyver.1426

/praying for the day anet makes pres craftable/obtainable via some sort of epic quest

Except craftable pre requirements will probably look something like this:
x250 charged lodestones (2.5g each)
x250 other t6 mat (50s-1g each)
x250 snots of angels (priceless)
x1 thing you obtain not via tp orders

I’m just really hoping this isn’t the case and that they fix other loot in the game as well.

If precursor is craft able, I think large amount of ingredients are not from 80 lvl map in order to encourage players to visit different maps. But it is possible some ingredients may be limited collectible, for example silver doubloon. So I think players who want to craft precursor will cry since some ingredients still manipulated by billionaires.

(edited by Guyver.1426)

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Posted by: LordByron.8369

LordByron.8369

What happens if you have a single dev in charge of economy?
If said dev is genuinely biased since he likes economy a lot, could ignore this game is about aesthetic items and Killing stuff.

At that point he could transform the game in a finance simulator, where Killing monter, playing war and playing against other players gets NO importance (see rewards).

While simply buying item on the tp can net you hundreds golds and the best and most beautiful items in game.

But this is not even the end of the story.
What if said dev, genuinely attempted to clear the supply of oversupplied items, while never doing anything about scarce and demanded items?

This would be a total paradise for any player that liked GW2 as a financial game since he could have free Pvp in super easy mode, since the risk is extremely low.

At this point you only needs some tools to access the tp without even logging into the game.

And ….we had it.

And sad players could get ridiculous amounts of gold! Way more ANY (100%) other player could ever dream of.

So what could happen if those economy players united to attempt maximizing their profit removing supplies from the market in order to set higher prices?

Possibly that some items would be in their hands, while the system could not even display a pattern about this (what if a “financial” guild of 20 players decide to buy every dusk for example? we would see 20 different buyers ).

And the bad part is the system is extremely gold seller friendly.
Aside any other implication.

So while on a side you get more real money in the short run, you lose players in the mid and long run because your game becomes even more the usual GRINDING mmorpg (see signature).

P.S. You can t realistically ATTEMPT to generate precursors without using the tp in a way or another
And that got even worse since the last patch.

GW2 balance:
A PvE player is supposed to avoid a 1-2 second 1 shotting aoe.
A WWW player is considered uncapable of avoiding a 5,75 second aoe for half his health.

(edited by LordByron.8369)

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Posted by: Galen Grey.4709

Galen Grey.4709

yeah I agree we really need precursor crafting / earning, its a long overdue feature (okey you can stop gasping now)

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Posted by: tolunart.2095

tolunart.2095

yeah I agree we really need precursor crafting / earning, its a long overdue feature (okey you can stop gasping now)

Yes, it would be nice to have it already. But this is a major goal for a lot of players, and many others are heavily invested in the precursor market (even if they aren’t selling one now, they may be waiting for the right moment to use/sell). Suddenly devaluing everything that tens of thousands of players have been working for would do more harm to the game than waiting until they get it right.

Also, remember that while there may be a way to track the progress, essentially making the precursor acquisition a “Gift” like the Gift of Fortune or Gift of Exploration, it won’t be very much easier or faster than it now. You may have to do things that some players don’t care for, like collect tokens from jumping puzzles or PvP matches, or take on difficult content like reach a certain level in fractals or kill Teq and other bosses until a random item drops.

Some of the players have focused on this process (which has not been explained in any kind of detail yet) as the solution to all their problems with the Legendary process. I believe that when it is finally released, those same players will only refocus their rage and disappointment on this new process because it will probably, in essence, require them to start from Step One while they could have been spending these months concentrating on acquiring gold/items to utilize the TP or MF instead of waiting for this to be released.

So, if you think that obtaining a precursor now is too hard, don’t expect that to change, it may even become a harder grind.

(edited by tolunart.2095)

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Posted by: tolunart.2095

tolunart.2095

Quick update: there have been several more Dusks listed, including one at 1500 that seems to have sold very quickly. Current low sell price is a little over 1600, while there are five around 2k that no one seems to be interested in. Several buy orders for around 1200 which is what the “normal” price would be.

The new Eternity effects are probably driving demand up, and possibly some speculators are setting themselves up to get burned thinking the prices will stay above 1500.

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Posted by: Wanze.8410

Wanze.8410

Masters in economics? Really? You really expect anyone to believe that? I sure don’t, you have demonstrated an incredible lack of knowledge about the game economy that it took me, who never had an economics class in my life, two minutes to research.

^^ this.

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

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Posted by: Galen Grey.4709

Galen Grey.4709

yeah I agree we really need precursor crafting / earning, its a long overdue feature (okey you can stop gasping now)

Yes, it would be nice to have it already. But this is a major goal for a lot of players, and many others are heavily invested in the precursor market (even if they aren’t selling one now, they may be waiting for the right moment to use/sell). Suddenly devaluing everything that tens of thousands of players have been working for would do more harm to the game than waiting until they get it right.

Also, remember that while there may be a way to track the progress, essentially making the precursor acquisition a “Gift” like the Gift of Fortune or Gift of Exploration, it won’t be very much easier or faster than it now. You may have to do things that some players don’t care for, like collect tokens from jumping puzzles or PvP matches, or take on difficult content like reach a certain level in fractals or kill Teq and other bosses until a random item drops.

Some of the players have focused on this process (which has not been explained in any kind of detail yet) as the solution to all their problems with the Legendary process. I believe that when it is finally released, those same players will only refocus their rage and disappointment on this new process because it will probably, in essence, require them to start from Step One while they could have been spending these months concentrating on acquiring gold/items to utilize the TP or MF instead of waiting for this to be released.

So, if you think that obtaining a precursor now is too hard, don’t expect that to change, it may even become a harder grind.

I completely agree, it should be something that can be worked towards but not something thats trivial to do and I am sure its been taking them so long to do it because they understand that and are trying to come with something up that involves the level work of say world completion but that it will not all boil down to simple grind.

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Posted by: tolunart.2095

tolunart.2095

All this means is that someone got greedy and will likely waste a lot of money on listing fees. New Dusks will drop and provide an opportunity for those who are lucky (or persistent with respect to the MF) who can then undercut the greedy seller and bring the prices back in line with the rest of the precursors.

If these guys would always just “lose lots of money on listing fees”, then they wouldn’t be able to buy ’cursors in the first place D;

That’s where the “greedy” part comes in. For example, this morning a buy order for Dusk at 1250 was filled and immediately after the current lowest sell order was placed for 1625. After TP fees the seller will get about 1381, if that is someone “flipping” Dusk they will make a little over 130g for very little effort.

If that seller was greedy and listed for 1900 instead, he would get 1615 and make a bigger profit (365), but it’s more likely that the item would sit there while others came along and undercut him, like the sellers asking 2k for their Dusks. There are several more buy orders and someone selling Dusk today can instantly make what they would have gotten for a sell order yesterday by filling these buy orders, and flippers can make a quick hundred or two gold by taking the buy orders and listing way below the 2k asking prices of the greedy sellers.

The smart TP traders make several smaller trades and watch the gold add up, while the greedy ones want more than the market will allow and sit there watching the prices drop, and end up losing some of their profits by cancelling and relisting.

This is the way the TP is supposed to work, there is no crisis here. Eventually those in a rush to turn Twilight into the upgraded Eternity will drop out and demand will return to normal, and so will prices.

(edited by tolunart.2095)

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Posted by: Behellagh.1468

Behellagh.1468

And as always these price surges occur with the supply drops to zero and the first person supplying sets the new starting price that everyone then undercuts. And since Eternity is now sexier, the precursors that are needed to make the two legendaries that are needed to make Eternity have gone up because there’s a run on them.

We are heroes. This is what we do!

RIP City of Heroes

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Posted by: Romek.4201

Romek.4201

lol – i dont think this has anything to do with eternity
someone who would spend 2k for an precursor could just spend 3,5k for complete eternity on tradepost^^

people stopped crafting precursors in mystic forge cause they thought soon will be cheap t5 mats from crown pavilion – thats all

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Posted by: phys.7689

phys.7689

All this means is that someone got greedy and will likely waste a lot of money on listing fees. New Dusks will drop and provide an opportunity for those who are lucky (or persistent with respect to the MF) who can then undercut the greedy seller and bring the prices back in line with the rest of the precursors.

If these guys would always just “lose lots of money on listing fees”, then they wouldn’t be able to buy ’cursors in the first place D;

That’s where the “greedy” part comes in. For example, this morning a buy order for Dusk at 1250 was filled and immediately after the current lowest sell order was placed for 1625. After TP fees the seller will get about 1381, if that is someone “flipping” Dusk they will make a little over 130g for very little effort.

If that seller was greedy and listed for 1900 instead, he would get 1615 and make a bigger profit (365), but it’s more likely that the item would sit there while others came along and undercut him, like the sellers asking 2k for their Dusks. There are several more buy orders and someone selling Dusk today can instantly make what they would have gotten for a sell order yesterday by filling these buy orders, and flippers can make a quick hundred or two gold by taking the buy orders and listing way below the 2k asking prices of the greedy sellers.

The smart TP traders make several smaller trades and watch the gold add up, while the greedy ones want more than the market will allow and sit there watching the prices drop, and end up losing some of their profits by cancelling and relisting.

This is the way the TP is supposed to work, there is no crisis here. Eventually those in a rush to turn Twilight into the upgraded Eternity will drop out and demand will return to normal, and so will prices.

the thing you are forgetting is, if you are in the business of selling dusks, whoever made the gangster move of pushing the price higher has currently succeeded, before his move dusk was 1100 sell order and 1049 buy order. now dusks are selling for 1250 buy orders and 1650 sell orders (since now the lowest is 1700.

If your goal is to raise the value of dusk you have to push the price higher than you need it to be. if you set it at 1600, people will drop it down to 1200, if you set it at 2000 people apparently drop it down to 1500+

many people here are again thinking just of the highest selling item, these type of moves are made by people with a high enough supply to profit off the increase in price overall, the 2k item is just the bait.

What it boils down to is they believe eternity is undervalued, and they want dusk to jump in the middle and get the profit. Essentially they want dusk to be the item that benfits from the increase in demand of eternity, because actually making eternity is not a step a middleman/manufacturer can profit from.

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Posted by: phys.7689

phys.7689

lol – i dont think this has anything to do with eternity
someone who would spend 2k for an precursor could just spend 3,5k for complete eternity on tradepost^^

people stopped crafting precursors in mystic forge cause they thought soon will be cheap t5 mats from crown pavilion – thats all

eternity has gone up 1000 gold since the patch. i wouldnt expect to be getting eternities at that price much longer. eternity has always been an undervalued item. it should have always costed somewhere in the family of sunrise+twilight. I hear the main reason was poor effects, but that has changed, and the value is bound to go up.

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Posted by: Behellagh.1468

Behellagh.1468

lol – i dont think this has anything to do with eternity
someone who would spend 2k for an precursor could just spend 3,5k for complete eternity on tradepost^^

people stopped crafting precursors in mystic forge cause they thought soon will be cheap t5 mats from crown pavilion – thats all

My point was Dusk sold out because Eternity changes leaving a clean slate to hike the price as first seller. There looks to be a run on Dawn with it’s supply dropping and price rising back to the point when it’s price was reset because it was bought out.

Since I’m not seeing this trend with other precursors in the last few days I chalk the run on supply of both weapons to those making Eternity.

We are heroes. This is what we do!

RIP City of Heroes

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Posted by: phys.7689

phys.7689

anyhow precursor/legendaries are becoming more and more of a rich mans game only. and even through all the nerfs to gold that have happened recently, the prices continue to rise.

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Posted by: mtpelion.4562

mtpelion.4562

anyhow precursor/legendaries are becoming more and more of a rich mans game only. and even through all the nerfs to gold that have happened recently, the prices continue to rise.

With the recent change to the wardrobe system, the wealthy should have legendary saturation soon and will have no interest in acquiring multiple copies of legendaries. When this happens, the prices should fall to match the offers made by those who still want a legendary.

Server: Devona’s Rest

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Posted by: phys.7689

phys.7689

anyhow precursor/legendaries are becoming more and more of a rich mans game only. and even through all the nerfs to gold that have happened recently, the prices continue to rise.

With the recent change to the wardrobe system, the wealthy should have legendary saturation soon and will have no interest in acquiring multiple copies of legendaries. When this happens, the prices should fall to match the offers made by those who still want a legendary.

i think the wealthy is a lot larger subset than you think it is, keep in mind even amongst the wealthy, there werent too many duplicates. And that class has been sustaining a steady increase in precursor value for 18 months.

but, anet has been working on a precursor hunt, but they really would have to get it right. Which i honestly doubt, because its a pretty complex issue.

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Posted by: Korossive.7085

Korossive.7085

And I thought that when I paid 650 for dusk back in the day was a ripoff …

~ glances at my Eternity ~

~ glances back at thread ~

pheeeeeew good times :-)

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Posted by: John Smith.4610

John Smith.4610

Next

People can put up sell orders for any value they want as long as they can afford the fee, that doesn’t mean the item is suddenly trading for that price.

edit: attempting to fix data image.

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Posted by: sorudo.9054

sorudo.9054

there are 6 different dust we can trade, which one?