Glacial Fragments and market flippers
As disgusting at that behavior is, its the behavior of a FM. I don’t think ANet should step in unless this becomes a chronic problem (ie the price hasn’t dropped significantly even after a few months)
As disgusting at that behavior is, its the behavior of a FM. I don’t think ANet should step in unless this becomes a chronic problem (ie the price hasn’t dropped significantly even after a few months)
and what have every single person be forced to buy t2 mats for 3 gold if they want some cool decorations i think not this is utterly horrible and should be punished.
It’s very profitable for those that had some saved up in Material Storage. I think it’s just a matter of demand, and, of course, supply now.
market flippers should be punished for this for trying to make profit
People know how to play the economy. They aren’t cheating or using IRL money, they are using the laws of supply and demand to their advantage. They shouldn’t be punished. If anything there should be more ways to get fragments- like being able to salvage down higher tiers, for example.
This, exactly:
market flippers should be punished for this for trying to make profit
People know how to play the economy. They aren’t cheating or using IRL money, they are using the laws of supply and demand to their advantage. They shouldn’t be punished. If anything there should be more ways to get fragments- like being able to salvage down higher tiers, for example.
It’s not disgusting, or horrible or whatever. It’s economics, and it’s basically how the world works.
What a silly thread.
The problem with the youth of today is that one is no longer part of it.
-Salvador Dali
-Salvador Dali
Like anything in life involving currency, you have to make a choice. Do you value the object you seek more than the price it costs?
Hi guys as many of you i was excited about the wintesday scribing decorations and i wanted to make snow maker only to realize you need a t2(glacial fragment) mat that for some reason costs 3 gold at the market.. let me tell you this killed my excitement completely why are market flippers allowed do pull this crap the price of this base material should be reset and market flippers should be punished for this for trying to make profit on players who just want to have some fun with decorations.
Why are you blaming flippers? Flippers can’t make a copper until the sell offers far exceed the buy offers.
Perhaps you mean speculators, who bought large quantities of items that were used in previous year and/or included icy/wintry themes, in the hopes that there would be new recipes. Like any speculator, that could turn out to have a great pay out… or not. Most speculations end up losing money; you just never hear about the people who bought tons of snowflakes …and just now realized that there won’t be any new recipes.
Perhaps you mean hoarders, who didn’t realize they had anything worth 3 gold sitting in their material storage until you posted, and are now happy they are getting something for having kept the stuff all this time.
Perhaps you mean new players, who think they need more gold than they probably do, and are similarly happy to cash in.
Perhaps you mean the behavior of buyers is disgusting. Why are these folks paying 3g for something today that will be worth silver in 2 months?
Or perhaps you mean it’s disgusting that people aren’t remembering that guild decorations are permanent — once you make them, you never have to make them again. So while 3 g seems a lot today, spread out over the guild’s income and over time, it’s not all that much.
In short, you’re complaining that human nature exhibits human qualities and that the free market goes up & down with supply and demand.
John Smith: “you should kill monsters, because killing monsters is awesome.”
If anyone, your annoyance should be directed at those who are actually buying the mats and driving prices up.
Flippers take advantage of market inefficiencies and short term fluctuations, they don’t manipulate prices (market manipulation is a whole different discussion); but the underlying price is still determined by supply and demand.
As disgusting at that behavior is, its the behavior of a FM. I don’t think ANet should step in unless this becomes a chronic problem (ie the price hasn’t dropped significantly even after a few months)
and what have every single person be forced to buy t2 mats for 3 gold if they want some cool decorations i think not this is utterly horrible and should be punished.
Like I said, I don’t think ANet should step in at all unless this became a chronic price shift (staying near 3 gold for many months), and even then its dubious as to whether they should step in at all. You don’t have to buy these mats now, you can craft the new Wintersday decorations whenever you want. Just put in buy orders for what you are willing to buy, gather the rest of the mats, and wait until prices come down and people fill your orders. I don’t think its that unreasonable.
Edit – Also do take note that GHs are for guilds to decorate, and Scribing recipes were designed around that in mind (thus the high price of it at release, and the still high price of Scribing compared to other professions). Whether it works out this way in game or not all the time, decorating the GH along with upgrading it are things that are designed around the idea of a group of people pitching into help with. ANet probably thinks that this price is fine considering they aren’t expecting a single person to pay to decorate an entire GH.
(edited by OriOri.8724)
So essentially this thread boils down to OP only wanting action because they want the said item and not spend the money on it or farm them. Got it.
Anet should not mess with the market these are seasonal prices, items go up in price when demands are high it’s just how things work, irl example look at the price of Eoses and chocolates around Valentimes day, they magically substantially increase in price for that single day, nothing different here.
Huh didn’t even realize this was 3g, I just dumped like 100 on buy orders, enjoy lol.
Guess more people will sell once they realize it’s 3g
FOR THE GREEEEEEEEEEEEN
market flippers should be punished for this for trying to make profit on players
No.
Part of the double edge of a free market is that it is free. Players are free to set whatever price they want on items that other people will buy. The solution to players setting this price high for supply is to simply demand it less .
You can’t punish merchants for not behaving the way you want. That’s not how that works. Granted, those prices -are- expensive, but they’re that way because people are buying them at that price.
What I would suggest is, instead of lamenting the inflation of these articles, find and use an alternative way of obtaining them, or wait for the price to go down. Items that people can easily stockpile by playing the game dont often stay inflated for very long. After a while, an individual who has saved lots of this item will catch on to the price and dump them into the market, bursting the bubble and causing prices to tank.
Resident Disgruntled, Coffee-drinking Charr.
Zarin Mistcloak(THF) Valkyrie Mistblade(WAR) Kossori Mistwalker(REV) Durendal Mistward(GRD)
I used to think (build op, pls nerf) like you, but then I took a nerf to the knee.
Zarin Mistcloak(THF) Valkyrie Mistblade(WAR) Kossori Mistwalker(REV) Durendal Mistward(GRD)
I used to think (build op, pls nerf) like you, but then I took a nerf to the knee.
(edited by Azure The Heartless.3261)
Anet could solve this problem by adding a merchant that sells t1-6 (or any other) mat for appropriate prices lets say t2 90 copper and solve the flipper problem permanently.
Anet could solve this problem by adding a merchant that sells t1-6 (or any other) mat for appropriate prices lets say t2 90 copper and solve the flipper problem permanently.
First, “flipping” isn’t a problem — it helps the market reach equilibrium more quickly. Second, it would defeat the purpose of using a free market economy if vendors sold mats at fixed prices. We’d lose a major gold sink (from the TP fees of traded mats) and our inventories would fill up with useless items.
John Smith: “you should kill monsters, because killing monsters is awesome.”
I dont blame flippers for the price hike on glacial fragments, I blame those scribes and decorators, who keep buying it at high prices.
Flippers dont destroy supply, consumers do.
Tin Foil [HATS]-Hardcore BLTC-PvP Guild
Bloin – Running around, tagging Keeps, getting whack on Scoobie Snacks.
Bloin – Running around, tagging Keeps, getting whack on Scoobie Snacks.
Wait till few weeks after Wintersday has ended. The prices will go down. They are up only because everybody is so busy scribing, and that demand source is not a persistent/longterm one.
Actions, not words.
Remember, remember, 15th of November
Remember, remember, 15th of November
Economics can be disgusting. You’ll be far more unhappy if someone is changing worth of your money and merchandise for you.
well maybe then the tp system need a rework since it allows people to exploit and leech from it, maybe every mat should go vendor route and gold be replaced by activity specific tokens. think unbound magic but used to buy everything per map.
and add direct trade kitten it was in gw1.
(edited by MarkoNS.3261)
What makes you think the TP being removed will make it better for you? If anything it’ll make everything expensive instead of what you want to be cheaper. Right now they’re in demand. When wintersday is over and farmers see what they could farm it’ll get better. It’s how every festival has gone since ever.
I looked at the trading post. No matter what you want to say about flippers they are not the reason. For that matter anyone flipping fragments would be making a loss. Buy instantly is 2g 70, highest offer is 2g 50. To list something for 2g 70 would be 13s 50 listing fee, 27s exchange, 40s50 total. Net profit, -20s50.
well maybe then the tp system need a rework since it allows people to exploit and leech from it, maybe every mat should go vendor route and gold be replaced by activity specific tokens. think unbound magic but used to buy everything per map.
and add direct trade kitten it was in gw1.
Not an exploit, but capitalism at its finest and working as intended. You want to complain, take it up with all of the “gotta have it now” people that are keeping the price high. It will only go as high as somebody is willing to pay for it and has the coin to do so. What you are suggesting will basically flush the entire economy down the toilet.
Anvil Rock: Beta →Friday 13th 1/13/2017
Crystal Desert: 1/13/2017
Crystal Desert: 1/13/2017
Later on today I’ll be checking the price and then posting a complaint that this thread has robbed me of the chance to sell some of mine @3G each because everyone else got there first to sell theirs.
It’s so unfair….
well maybe then the tp system need a rework since it allows people to exploit and leech from it, maybe every mat should go vendor route and gold be replaced by activity specific tokens. think unbound magic but used to buy everything per map.
and add direct trade kitten it was in gw1.
You really do not understand the concept of a free market do you? Some things I sell all the time have gone sharply down because of wintersday …. that is expected when the supply/demand ratio changes.
well maybe then the tp system need a rework since it allows people to exploit and leech from it, maybe every mat should go vendor route and gold be replaced by activity specific tokens. think unbound magic but used to buy everything per map.
and add direct trade kitten it was in gw1.
The free market serves a valuable purpose in that it removes excess gold from the economy, which allows what we have to retain its value.
Think about what you’re asking for. If every material was available in vendors and gold itself was removed, you’d be forcing everyone to play for the same amount of time, doing the same activities, to get the same rewards.
Some people (hell, lots of people,) dont have the time, patience, or ability to play certain kinds of content, and by restricting that content to tokens you alienate lots of it from people who cannot or would not enjoy playing it.
To make getting materials to fit your goals easier for yourself, you’d be crippling every single person who does not enjoy playing the way you do.
Now, which is more selfish: People selling an item at a certain price because certain individuals in the community think that buying at that price is reasonable, or crippling the ability for people to opt out of doing certain content and paying gold instead, so that it’s easier for the people that actually want to do the content?
And keep in mind, the content that would require the tokens or currency -you- are suggesting would not be easy to do. It would more than likely involve lots of time or difficulty in obtaining, because Anet needs people to play the game so that they feel invested enough to consider supporting it.
If I can make an assumption here: It appears that you are irate over the fact that obtaining a certain item is more difficult than you think it should be.
I’d like you to know that the item in question can be farmed. If you do not want to wait for the prices to drop as people notice that they are high and begin seling their stocks, I would suggest… just plain getting to work. Go farm. Then you can dump whatever excess shards you get into the market and bring the price down yourself, instead of asking people to sell you the efforts of their labor for a price you set.
Resident Disgruntled, Coffee-drinking Charr.
Zarin Mistcloak(THF) Valkyrie Mistblade(WAR) Kossori Mistwalker(REV) Durendal Mistward(GRD)
I used to think (build op, pls nerf) like you, but then I took a nerf to the knee.
Zarin Mistcloak(THF) Valkyrie Mistblade(WAR) Kossori Mistwalker(REV) Durendal Mistward(GRD)
I used to think (build op, pls nerf) like you, but then I took a nerf to the knee.
(edited by Azure The Heartless.3261)
well maybe then the tp system need a rework since it allows people to exploit and leech from it, maybe every mat should go vendor route and gold be replaced by activity specific tokens. think unbound magic but used to buy everything per map.
and add direct trade kitten it was in gw1.
You’ve got it backwards: the TP makes it harder for people to exploit or leech. Direct trade allows savvy traders to take advantage of those who aren’t familiar with the market. It also would require folks to spend hours attempting to buy|sell goods at the price they want rather than the short process we have now of listing and collecting.
The other alternative you keep advocating would be worse in many ways. The game would turn into pure grind for specific currencies for every item or those special shinies would remain RNG and unobtainable for the majority.
The current economy has problems, of course, but many are inherent to systems that involve human beings: we change our minds, we aren’t always logical or efficient, and we want what we want — that prevents any central authority from getting the balance correct all the time.
GW2’s economy is remarkable in that it has prevented or slowed currency devaluation and still allows everyone access to all the supplies/items they want at any time (assuming one is prepared to pay market rate). That wasn’t remotely true in GW1.
John Smith: “you should kill monsters, because killing monsters is awesome.”
As disgusting at that behavior is, its the behavior of a FM. I don’t think ANet should step in unless this becomes a chronic problem (ie the price hasn’t dropped significantly even after a few months)
and what have every single person be forced to buy t2 mats for 3 gold if they want some cool decorations i think not this is utterly horrible and should be punished.
Surely it’s as likely that the cheap ones were snapped up by people who used them for crafting as it was that they were bought up by a flipper?
The price is currently at 1.55 buy/2.22 sell so Onyx Fragments, Molten Fragments and Piles of Foul Essence are all T2 mats that cost a little more than the Glacial Fragments. I don’t think this is a huge issue.