Guild Wars 2

If Anet is going to let this kind of insider trading continue then they should consider locking all sales on the TP until patches go live.

I shouldn’t need to “know someone” in order to get collections done.

Insider traders: get karma converter for ~300g

Not insider traders: now costs >1000g

For those who don’t know, guides to all collections and what you need were posted last night by people who had “special access” to the patch. All the items used for collections have since been bought out and relisted for 100x the price.

Can you prove that this isn’t just a bunch of speculators?

ZudetGambeous.9573:

If Anet is going to let this kind of insider trading continue then they should consider locking all sales on the TP until patches go live.

I shouldn’t need to “know someone” in order to get collections done.

Insider traders: get karma converter for ~300g

Not insider traders: now costs >1000g

For those who don’t know, guides to all collections and what you need were posted last night by people who had “special access” to the patch. All the items used for collections have since been bought out and relisted for 100x the price.

Just curious, where are these guides?

Morsus.5106:

Can you prove that this isn’t just a bunch of speculators?

There is probably legitimate concern due to the previews that have been posted on youtube over the last couple of days. WoodenPotatoes has done 2. Someone else has done 1 that I’ve seen, and there’s a 3 part preview in German. Some of which cover the various collections, their requirements, and their rewards in some detail.

Edit: I’m curious about the guides though. I haven’t seen those.

This is kind of crappy.

I guess the major profiteers are insiders, instead of people who quickly login, but it’s still BS.

Maybe anet can leak false information next time to put an end o this practice.

eagerly awaits cashing out on the tp

Morsus.5106:

Can you prove that this isn’t just a bunch of speculators?

This. There is a large amount of TP speculation before ANY patch, based simply on the general announcements (as opposed to the official patfh notes) of what each patch is going to change. Last week there was a HUGE amount of speculation-driven price swings with minis, and those were all based on an announcement that minis would have to be destroyed to unlock them in the wardrobe (and thus work towards the new mini achivement). Everyone also knew that some of the new collection achievements were going to be related to gear skin unlocks, so that has caused people to speculate on the prices of a lot of crafting materials.

Most of the items have been going up rapidly starting more than a week ago. Definitely some sketchy stuff going on. To be honest, this happens every update. Anyone remember when they were changing first year halloween weapons and all skins got bought up pre-patch?

LanfearShadowflame.3189:

Morsus.5106:

Can you prove that this isn’t just a bunch of speculators?

There is probably legitimate concern due to the previews that have been posted on youtube over the last couple of days. WoodenPotatoes has done 2. Someone else has done 1 that I’ve seen, and there’s a 3 part preview in German. Some of which cover the various collections, their requirements, and their rewards in some detail.

Edit: I’m curious about the guides though. I haven’t seen those.

I’m not familiar with the workings of a market, but when it’s posted freely online, that doesn’t really require you to be an “insider”.

Yes, there are always speculators, and that always causes economic…issues, right before any patch. But from what people have seen with the previews, they’ll have known exactly what needs to be farmed for the various achievement for the last 24 hours or so, and can cash in by hiking up the TP prices for those items.

Still, I plan on cashing in on the 2 chaos weapons I purchased. Was the entire point of farming tickets for them to begin with.

http://dulfy.net/2014/09/08/gw2-items-collections-guide/

Morsus.5106:

LanfearShadowflame.3189:

Morsus.5106:

Can you prove that this isn’t just a bunch of speculators?

There is probably legitimate concern due to the previews that have been posted on youtube over the last couple of days. WoodenPotatoes has done 2. Someone else has done 1 that I’ve seen, and there’s a 3 part preview in German. Some of which cover the various collections, their requirements, and their rewards in some detail.

Edit: I’m curious about the guides though. I haven’t seen those.

I’m not familiar with the workings of a market, but when it’s posted freely online, that doesn’t really require you to be an “insider”.

I guess “friend of an insider” would be more accurate. You need to follow the people who have “special preacess” to the patches if you want to make any money.

Dulfy has a guide up now if you are looking for one. It is too late though.

The worst offender is probably the home instance chest… 3 days ago it would have cost you about 50g to get it…

It is about 2000g to get it now…

Morsus.5106:

LanfearShadowflame.3189:

Morsus.5106:

Can you prove that this isn’t just a bunch of speculators?

There is probably legitimate concern due to the previews that have been posted on youtube over the last couple of days. WoodenPotatoes has done 2. Someone else has done 1 that I’ve seen, and there’s a 3 part preview in German. Some of which cover the various collections, their requirements, and their rewards in some detail.

Edit: I’m curious about the guides though. I haven’t seen those.

I’m not familiar with the workings of a market, but when it’s posted freely online, that doesn’t really require you to be an “insider”.

I agree with that assessment, but I think that’s more what Zudet is referring to… rather than to the people that actually had the preview access manipulating the market, or sharing with a few close friends to manipulate the market.

Still, not everyone thinks to look for guides, or to check youtube for previews like this, and as such they ‘miss out’ on certain things.

Wow you’re right.
I got an blue All Seeing yesterday and went to look at the price. It was like 2 silver for the blue and 3 gold for the exotic. Now the exotic is over 50 gold and the blue is 2 gold.

ZudetGambeous.9573:

Morsus.5106:

LanfearShadowflame.3189:

Morsus.5106:

Can you prove that this isn’t just a bunch of speculators?

There is probably legitimate concern due to the previews that have been posted on youtube over the last couple of days. WoodenPotatoes has done 2. Someone else has done 1 that I’ve seen, and there’s a 3 part preview in German. Some of which cover the various collections, their requirements, and their rewards in some detail.

Edit: I’m curious about the guides though. I haven’t seen those.

I’m not familiar with the workings of a market, but when it’s posted freely online, that doesn’t really require you to be an “insider”.

I guess “friend of an insider” would be more accurate. You need to follow the people who have “special preacess” to the patches if you want to make any money.

Dulfy has a guide up now if you are looking for one. It is too late though.

The worst offender is probably the home instance chest… 3 days ago it would have cost you about 50g to get it…

It is about 2000g to get it now…

And oh the buyers remorse when they open it daily to get …..

2 blues and a green

Toxica.6749:

ZudetGambeous.9573:

Morsus.5106:

LanfearShadowflame.3189:

Morsus.5106:

Can you prove that this isn’t just a bunch of speculators?

There is probably legitimate concern due to the previews that have been posted on youtube over the last couple of days. WoodenPotatoes has done 2. Someone else has done 1 that I’ve seen, and there’s a 3 part preview in German. Some of which cover the various collections, their requirements, and their rewards in some detail.

Edit: I’m curious about the guides though. I haven’t seen those.

I’m not familiar with the workings of a market, but when it’s posted freely online, that doesn’t really require you to be an “insider”.

I guess “friend of an insider” would be more accurate. You need to follow the people who have “special preacess” to the patches if you want to make any money.

Dulfy has a guide up now if you are looking for one. It is too late though.

The worst offender is probably the home instance chest… 3 days ago it would have cost you about 50g to get it…

It is about 2000g to get it now…

And oh the buyers remorse when they open it daily to get …..

2 blues and a green

The 1 or 2 people who bought up 100 of them at 3g and are selling them for 50g a pop are unlikely to have much remorse…

ZudetGambeous.9573:

Toxica.6749:

ZudetGambeous.9573:

Morsus.5106:

LanfearShadowflame.3189:

Morsus.5106:

Can you prove that this isn’t just a bunch of speculators?

There is probably legitimate concern due to the previews that have been posted on youtube over the last couple of days. WoodenPotatoes has done 2. Someone else has done 1 that I’ve seen, and there’s a 3 part preview in German. Some of which cover the various collections, their requirements, and their rewards in some detail.

Edit: I’m curious about the guides though. I haven’t seen those.

I’m not familiar with the workings of a market, but when it’s posted freely online, that doesn’t really require you to be an “insider”.

I guess “friend of an insider” would be more accurate. You need to follow the people who have “special preacess” to the patches if you want to make any money.

Dulfy has a guide up now if you are looking for one. It is too late though.

The worst offender is probably the home instance chest… 3 days ago it would have cost you about 50g to get it…

It is about 2000g to get it now…

And oh the buyers remorse when they open it daily to get …..

2 blues and a green

The 1 or 2 people who bought up 100 of them at 3g and are selling them for 50g a pop are unlikely to have much remorse…

?
was talking about those coughing up 2000g to get their home instance chest… not the people cashing in on them

I would be ultra impressed if Anet does a bait n switch and changes some of those requirements at the last minute before releasing the patch

Um .. what is a “home instance chest?” I don’t find it on the wiki or in a TP search.

Donari.5237:

Um .. what is a “home instance chest?” I don’t find it on the wiki or in a TP search.

It’s a new item seen in the youtube previews.

Donari.5237:

Um .. what is a “home instance chest?” I don’t find it on the wiki or in a TP search.

It’s a reward for one of the collections, I forget which. But it’s a chest than you can get a free loot item out of, once per day, and goes in your home instance.

Then how the heck are people already profiteering on it? The patch hasn’t hit.

edit: Oh I get it. They’re going for the components needed.

Donari.5237:

Then how the heck are people already profiteering on it? The patch hasn’t hit.

Other insiders/speculators are buying from the insiders/speculators.

Insider trading would be not telling anyone. Making the information public is not insider anymore.

I agree however that I should not have to watch a gazillion potential sites etc for upcoming guides and info.

Alas for me it makes no difference for me really, the patch will come out, I’m at work and by the time I’m in game the frenzy is usually over already anyways.

Rouven.7409:

Insider trading would be not telling anyone. Making the information public is not insider anymore.

I agree however that I should not have to watch a gazillion potential sites etc for upcoming guides and info.

Alas for me it makes no difference for me really, the patch will come out, I’m at work and by the time I’m in game the frenzy is usually over already anyways.

Same here.

Sitting at work. Watched the guides, waiting for the patch notes. Just by opting to work yesterday and today, I’d already cut myself out of the running…

Ah well..

It’s always interesting to see people go to all this trouble for virtual currency but not apply the same level of determination and discipline on say a stock market. A small investment taken far enough can make a healthy return

How about these http://www.gw2spidy.com/item/24738. You see a little speculation fluctuation on sunday into monday and then a sudden jump on monday afternoon between 2-3pm from 70s (up from 6s from the speculation likely) to 9g. in an hour. Someone or a couple people found out about something. This was 7-8 hours before the first comment on the dulfy post about collections (I couldnt find a time stamp on the post itself, but I would be pretty sure that it didnt take the 7 hours for the first comment on that site). To me, it sounds like this was just shortly after Anet released preview notes to bloggers, some people acted on the info, and then posted their explanations of the release notes. (not saying dulfy did this specifically just using that as point of reference.) I used this particular item because the items you need this rune for (it appears) are being introduced with this patch.

schneiw.4896:

I would be ultra impressed if Anet does a bait n switch and changes some of those requirements at the last minute before releasing the patch

Part of me kinda wishes they would. I don’t have anything against people trying to make money, but buying stuff up just to hike up the price because they know that demand is about to skyrocket is a selfish practice.

There is really no way to put it that doesn’t make it “taking advantage of other people.”

Azrael.4960:

It’s always interesting to see people go to all this trouble for virtual currency but not apply the same level of determination and discipline on say a stock market. A small investment taken far enough can make a healthy return

Doing what the people in GW2 do to make money would get you a 15-20 year jail sentence in most countries…

ZudetGambeous.9573:

Azrael.4960:

It’s always interesting to see people go to all this trouble for virtual currency but not apply the same level of determination and discipline on say a stock market. A small investment taken far enough can make a healthy return

Doing what the people in GW2 do to make money would get you a 15-20 year jail sentence in most countries…

Only if you’re caught, my friend, only if you’re caught… nudge nudge wink wink

ZudetGambeous.9573:

Azrael.4960:

It’s always interesting to see people go to all this trouble for virtual currency but not apply the same level of determination and discipline on say a stock market. A small investment taken far enough can make a healthy return

Doing what the people in GW2 do to make money would get you a 15-20 year jail sentence in most countries…

I don’t think Azrael’s talking about this instance specifically but the TP players in general.

How they spend so much time predicting what will go up and down and buying and selling accordingly. If they put that effort into the actual Stock Market and had enough starting cash, they could make a real fortune.

Azrael.4960:

It’s always interesting to see people go to all this trouble for virtual currency but not apply the same level of determination and discipline on say a stock market. A small investment taken far enough can make a healthy return

Insider Trading in the real stock market is illegal, like very illegal, like so illegal that you can potentially be locked up for several consecutive lifetimes.

Also, most of this Insider trading goes on several days before the Speculation starts to get out of control. The Commissar’s Manifesto for example, jumped to 200 gold on September 3rd, and 300 gold on September 5th, signifying that all available supply was bought up, but, not everyone knew what was happening exactly.. The Speculation didn’t make the sell listings as high as 800 gold until this morning when all these articles came out.

That clearly shows that insider trading was going on long before the larger player population knew what was going on, and the fact that nothing is being done about it, the fact that it seems to be encouraged, just makes me even less excited for the Feature pack.

http://www.gw2tp.com/item/39468-commissars-manifesto

http://www.gw2spidy.com/item/39468

Price will settle at what the market will bear. Not many people going to pay 2000g for a daily chest.

On topic: The market manipulation by insiders stinks. They should do a complete purge of the alpha team and start over with a good NDA and the next team knowing kitten well that if one of them pulls this jive the whole team will be purged, again. Harsh, but having a few people totally up-end the economy every patch is worse.

Seera.5916:

ZudetGambeous.9573:

Azrael.4960:

It’s always interesting to see people go to all this trouble for virtual currency but not apply the same level of determination and discipline on say a stock market. A small investment taken far enough can make a healthy return

Doing what the people in GW2 do to make money would get you a 15-20 year jail sentence in most countries…

I don’t think Azrael’s talking about this instance specifically but the TP players in general.

How they spend so much time predicting what will go up and down and buying and selling accordingly. If they put that effort into the actual Stock Market and had enough starting cash, they could make a real fortune.

^ pretty much. Everyone has heard of the tenacity with which people pore over spreadsheets and APIs to dig out data, why you wouldn’t apply the same process to stock markets and shares is beyond me.

It’s like Beeny Babies gone virtual.

eats popcorn

Well if this is true it will only serve to anger the player base further, causing more rage on the forums and further rage-quits from the game… Could this be the straw that breaks ANet’s income budget?

There’s only 1 way to find out:

Thrashbarg.9820:

Price will settle at what the market will bear. Not many people going to pay 2000g for a daily chest.

The market doesn’t have nearly enough to supply for more than a couple dozen people to acquire the chest. No matter how this information was released, this would have been the reaction.

The information should of been released to everyone by anet at the same time.

Not just to a select few who could preview the patch.

Yes they shared the info with all and made guides ect but I bet most of the prices had shot up by the time any of the info was published online to see. As that guy said the first comment on the dulfy guide was made 14 hours ago but most collectables needed were bought out 24 hours ago (probably about the same time the patch went live for the select few with early access seeing as the servers are about to go down for patch now)

Matthew.7061:

Thrashbarg.9820:

Price will settle at what the market will bear. Not many people going to pay 2000g for a daily chest.

The market doesn’t have nearly enough to supply for more than a couple dozen people to acquire the chest. No matter how this information was released, this would have been the reaction.

But now, the couple dozen people that benefit from the information, are the same couple dozen people that got the information first, and are the same couple dozen people that benefited from the same insider trading that occurred just before every other release in this game, because they are the same couple dozen people Anet gives the information to first.

That’s an unfair system and needs to change. Everyone should get the information at the same time. I don’t care that people like Bogotter, Dulfy, and Woodenpotatoes, etc. have guides to make. They can make those guides after the release, just like everyone else.

After watching WoodenPotatoes video yesterday, I specifically looked at one of the items he had mentioned wil be used for collections (that I knew I had one of), the exotic version of Ulgoth’s Tail.

!http://www.gw2spidy.com/item/39473!

Prior to September 8th they were selling for, at most, 5 gold.

After his video was released, every single one of them on the TP was bought and prices spiked at 225 gold. Even the “Buy Order” price is fluctuating between 30-50 gold (and there are dozens of Buy Orders at that price).

I can only imagine that all the other items specifically shown in his video are doing the exact same thing. I wouldn’t call that speculating, but honestly there’s not much that can be done about it unless they were to do something that other MMOs do and have a Private Test Server that anyone can use that will be used to test upcoming patches (and thus, everyone has access to the same “insider” type information at the same time).

It’s not about the people making money – that’s fine, and I couldn’t care less how much gold someone else makes – but these people having a headstart on knowing what’s coming, and therefore saving thousands of gold by being able to buy everything needed prior to patch day definitely creates an uneven playing field.

Anet should’ve made these items soulbound on acquire. This would’ve prevented all of this.

This is just bunk.
Kick the Alpha team to the curb and get new blood in there. Someone (or a few) is leaking info.

Between this insider trading Garbage, and the junk RNG system (which doesn’t seem to be so random … to some), the Developer is well on the way to losing any remaining good faith many long term Veterans and Customers have held for this company.

Disgusted.

nexxe.7081:

Anet should’ve made these items soulbound on acquire. This would’ve prevented all of this.

No, no no and no. Breath of Kralkatorikk (an item from a collection) should not be soulbound on acquire, and neither should the other exotic components. Once the economy balances out, we’ll be glad we can buy the items.

Morsus.5106:

nexxe.7081:

Anet should’ve made these items soulbound on acquire. This would’ve prevented all of this.

No, no no and no. Breath of Kralkatorikk (an item from a collection) should not be soulbound on acquire, and neither should the other exotic components. Once the economy balances out, we’ll be glad we can buy the items.

The economy doesn’t worry me.
If someone can buy all these items, then where is the effort required to achieve these? Not everything should be bought with gold or gems.

nexxe.7081:

Morsus.5106:

nexxe.7081:

Anet should’ve made these items soulbound on acquire. This would’ve prevented all of this.

No, no no and no. Breath of Kralkatorikk (an item from a collection) should not be soulbound on acquire, and neither should the other exotic components. Once the economy balances out, we’ll be glad we can buy the items.

The economy doesn’t worry me.
If someone can buy all these items, then where is the effort required to achieve these? Not everything should be bought with gold or gems.

But I don’t want to be stuck with exotics like Bone Fragments of Tequatl. These items weren’t soulbound before, they shouldn’t be soulbound after.

Chrispy.5641:

That clearly shows that insider trading was going on long before the larger player population knew what was going on, and the fact that nothing is being done about it, the fact that it seems to be encouraged, just makes me even less excited for the Feature pack.

http://www.gw2tp.com/item/39468-commissars-manifesto

http://www.gw2spidy.com/item/39468

Dang! Sold the exotic manifesto not even 1 week ago for less than 2g.
/sad face
haha

ZudetGambeous.9573:

Azrael.4960:

It’s always interesting to see people go to all this trouble for virtual currency but not apply the same level of determination and discipline on say a stock market. A small investment taken far enough can make a healthy return

Doing what the people in GW2 do to make money would get you a 15-20 year jail sentence in most countries…

Or, back in the old country…….. they wouldn’t be found again.

Morsus.5106:

nexxe.7081:

Anet should’ve made these items soulbound on acquire. This would’ve prevented all of this.

No, no no and no. Breath of Kralkatorikk (an item from a collection) should not be soulbound on acquire, and neither should the other exotic components. Once the economy balances out, we’ll be glad we can buy the items.

Once the economy balances out? The economy almost never balances out after one of these changes, and the inside traders that took advantage are still the ones who benefit the most, and the earliest. I don’t want to wait six months to get this achievement when I could have gotten it today.

And its one thing for the economy to get thrown out of whack after the patch hits, but for it to happen a full week before most of us even have information on it? That’s a little beyond the limit of unacceptable!

You dont have to know any ‘’insider trader’’ , you just have to follow the Duffy …
Just like the the boxes sold from china , goes to ’’royalties’’ not to the ’’revenues’’

Chrispy.5641:

Morsus.5106:

nexxe.7081:

Anet should’ve made these items soulbound on acquire. This would’ve prevented all of this.

No, no no and no. Breath of Kralkatorikk (an item from a collection) should not be soulbound on acquire, and neither should the other exotic components. Once the economy balances out, we’ll be glad we can buy the items.

Once the economy balances out? The economy almost never balances out after one of these changes, and the inside traders that took advantage are still the ones who benefit the most, and the earliest. I don’t want to wait six months to get this achievement when I could have gotten it today.

“Balances out” does not mean that it will go back to the old price. Would you rather they be soulbound? How does that benefit anyone? I’m totally against ANet putting info like this up before the patch, but congrats on defeating your strawman.