Inflation on weapon of rage.

Inflation on weapon of rage.

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Posted by: bleusnuages.7523

bleusnuages.7523

Looking for legendary weapon i began to create several gifts, which are very expensive !
But now i need the weapon of rage too and i do my best to earn enough money but each month, weapon of rage have their price risen by 100 gold, more than i’m able to collect in a month.

The problem is due to wealthy players who buy all rage’s weapons of a same kind before selling them 30% more expensive.

Is it possible to fix a price limit (even a very big one) for the items on sale at the Black Lion trading company please ?

Inflation on weapon of rage.

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Posted by: Jam.3258

Jam.3258

Gold is good for buying things, but it’s bad for saving. Its value will keep dropping, as more gold is available to everyone. You want items that are going to increase in value compared to the weapon of rage, or, at least, retain their relative value. Items with increasing prices that can be sold when you’re ready.

Inflation on weapon of rage.

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Posted by: SandraSolace.7682

SandraSolace.7682

You mean you want to buy the precursor Rage? For the harpoon gun?

You could always take the chance to forge it.

Inflation on weapon of rage.

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Posted by: Valento.9852

Valento.9852

You mean you want to buy the precursor Rage? For the harpoon gun?

You could always take the chance to forge it.

No, I think he means any precursor that has the rage prefix on them due to their sigils.
Well, the price will never stop raising, get used to it.

Attempts at ele specs:
Shaman
Conjurer

Inflation on weapon of rage.

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Posted by: emikochan.8504

emikochan.8504

Just use your money to buy ectos, they go up in value :P

Welcome to my world – http://emikochan13.wordpress.com

Inflation on weapon of rage.

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Posted by: Rieselle.5079

Rieselle.5079

The problem is due to wealthy players who buy all rage’s weapons of a same kind before selling them 30% more expensive.

People who say this aren’t really thinking this through.

Let’s say I am a wealthy player. I buy a precursor and relist for 30% higher.

  • Noone buys the item: I either let the item sit there, tying up my cash, or I relist for lower again and lose my listing fee. I don’t want either of these things to happen.
  • Someone buys my item: Who bought my item? And why?

- Is it a richer player who is going to relist again at an even higher price?
I guess this is a market bubble – people buying stuff back and forth only to list at a higher price. As with all bubbles, sooner or later someone is left holding the hot potato, and the whole thing comes crashing down.
—> Save your money for that moment, and suddenly precursors will become cheap.

- Is it a player who actually needs the item?
Then why are you blaming the wealthy player who relists? If the original seller knew that people are willing to buy at that price, then why wouldn’t he just list at the higher price and cut out the middle man?
—> If I can relist and sell to a legitimate buyer at the higher price, then I am closer to the true price of the item (ie. what people are willing and able to pay) than the original seller.


So yeah, if the prices for precursors is constantly rising beyond your ability to generate income, then either:

- It’s because it’s rare and people richer than you can afford to buy and use them, in which case you are too poor to afford the item, sorry. (Try grinding for it directly? Try figuring out how to make money faster? Or watch the TP like a hawk and try to pick up a bargain before a relister spots it?)

- It’s a market bubble and speculators are chasing their own tails relisting at ever higher prices. Wait for the crash and buy it cheap.


In summary, it makes no sense to blame the relisters, because if someone could afford the relisted price then the original seller could have just listed at the higher price anyways.

(edited by Rieselle.5079)

Inflation on weapon of rage.

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Posted by: tolunart.2095

tolunart.2095

Collect the other materials you need and save your gold. Precursor rarity is artificial and temporary. As the game ages, people will generate more wealth and those who want the precursors will get them. Either they will find one at a price they can afford, or keep trying the RNG route until they get one.

As the number of people chasing precursors diminishes, so does the demand for them. As speculators “flip” precursors to each other, selling and reselling for ever higher amounts, the relative cost of RNG attempts becomes more attractive than paying for one directly. Eventually they will price themselves out of the market and have to drop prices to recover some of the gold they lost.

Also, Anet directly controls the rarity of precursors, and eventually will either create new ways to obtain precursors, most likely with less RNG involvement, and/or create new precursors and new legendary items.

Either way, demand for existing precursors will drop and so players sitting on piles of Dawns and Dusks will begin a race to the bottom, trying to undersell each other to recover as much of their investment as possible before the market crashes.

Of course, this requires patience, something even rarer than an affordable Eternity for sale on the TP. If you’re a skritt who will simply explode if you don’t get your shiny NOWNOWNOW then get out your credit card and learn to love peanut butter and jelly sandwiches, you’ll be eating them three times a day for the next six months while you pay down that cc balance.

Inflation on weapon of rage.

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Posted by: marnick.4305

marnick.4305

The problem is due to wealthy players who buy all rage’s weapons of a same kind before selling them 30% more expensive.

People who say this aren’t really thinking this through.

Let’s say I am a wealthy player. I buy a precursor and relist for 30% higher.

  • Noone buys the item: I either let the item sit there, tying up my cash, or I relist for lower again and lose my listing fee. I don’t want either of these things to happen.
  • Someone buys my item: Who bought my item? And why?

- Is it a richer player who is going to relist again at an even higher price?
I guess this is a market bubble – people buying stuff back and forth only to list at a higher price. As with all bubbles, sooner or later someone is left holding the hot potato, and the whole thing comes crashing down.
—> Save your money for that moment, and suddenly precursors will become cheap.

- Is it a player who actually needs the item?
Then why are you blaming the wealthy player who relists? If the original seller knew that people are willing to buy at that price, then why wouldn’t he just list at the higher price and cut out the middle man?
—> If I can relist and sell to a legitimate buyer at the higher price, then I am closer to the true price of the item (ie. what people are willing and able to pay) than the original seller.


So yeah, if the prices for precursors is constantly rising beyond your ability to generate income, then either:

- It’s because it’s rare and people richer than you can afford to buy and use them, in which case you are too poor to afford the item, sorry. (Try grinding for it directly? Try figuring out how to make money faster? Or watch the TP like a hawk and try to pick up a bargain before a relister spots it?)

- It’s a market bubble and speculators are chasing their own tails relisting at ever higher prices. Wait for the crash and buy it cheap.


In summary, it makes no sense to blame the relisters, because if someone could afford the relisted price then the original seller could have just listed at the higher price anyways.

This is exactly my thought on the matter. In time, the market will hit equilibrium and we’ll know the true value of dusk. I wouldn’t be surprised though if it were closer to 1000g than 300g given the RNG nature of the Mystic Forge.

If I can’t play Guild Wars 2 at work, I won’t work in Guild Wars 2 either.
Delayed content is eventually good. Rushed content is eternally bad. ~ Shigeru Miyamoto