Mystic Coins again

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Posted by: Ok I Did It.2854

Ok I Did It.2854

I remember a post not to long about about the price of mystic coins going up and up, where I totally get the supply vs demand, a dev did say anet was monitoring the situation around these,

Given that they are needed for making mystic clovers which relies massively on RNG being in your favour to get the clovers as quick as possible, its making the costs of clovers crazy to make now,

Coins are pushing past 65silver each,

We need a new way to get coins, be it from converting laurels or by other means, I know they added them to the fractal chests as a random drop but its too random, maybe we need a dedicated recipe for making clovers that is non RNG based,

If anet are still watching this how much longer are you going to watch it, do they need to sell for 1g each before something happens, in the last 60 days they have nearly doubled in price, with demand vastly outstripping supply by 10:1 if anet are adding more to the game, there not adding them fast enough, or its to RNG based.

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Posted by: Swagger.1459

Swagger.1459

I’m sure fixes are in the works.

New Main- 80 Thief – P/P- Vault Spam Pro

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Posted by: Hornet.6357

Hornet.6357

If the information is correct, there is 8800 coins up for sale. This means… A total of ~35 Gen 1 legendaries and ~17ish Gen 2 legendaries can be made from that supply. That is just disturbingly low, prices may skyrocket soon.

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Posted by: Sindex.9520

Sindex.9520

I took out my special A-net magic eight ball and it say’s: “Don’t Count on it.” All joking aside in order to fix this problem it needs to go through Smith and his team. Which according to that one reddit post about a month ago states that “they are looking into it.” However I have my sneaking suspicion this is not high on their priority list. Like re-enabling the hero chest in the HoT maps. So maybe a year or two. Unless people start bringing out their pitchforks and torches sooner then latter on the issue. Which means the issue is going to have to become extremely dreadful first.

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Posted by: Ellieanna.5027

Ellieanna.5027

I realize this answer is not for everyone, nor is it a fix to the problem at hand, but:

If you don’t mind pvp/doing the dailies every day, do them. Every reward track gives clovers. They can add up after a while. I was sitting at 173 there for a bit, and I haven’t made any clovers since I made bifrost like 8 months into the game.

Again, I realize this doesn’t fix the mystic coin issue, nor is it an answer for everyone. But if you can get even half the clovers from PvP, imagine how many coins you saved.

I’m a Moose, a ginger moose even.

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Posted by: Tman.6349

Tman.6349

I realize this answer is not for everyone, nor is it a fix to the problem at hand, but:

If you don’t mind pvp/doing the dailies every day, do them. Every reward track gives clovers. They can add up after a while. I was sitting at 173 there for a bit, and I haven’t made any clovers since I made bifrost like 8 months into the game.

Again, I realize this doesn’t fix the mystic coin issue, nor is it an answer for everyone. But if you can get even half the clovers from PvP, imagine how many coins you saved.

Yeah. I’m almost finished with my second stack of Clovers from PvP and have no intention of making a Legendary. I’d like them to add some extra uses before I decide to trash them….

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Posted by: Seera.5916

Seera.5916

Or maybe they have looked at it and decided they are just fine with the rate they are being generated compared to the consumption rate.

You are assuming that ANet has the same belief as you.

Maybe they intended that all things that can be bought with Mystic Coins were to be long term goals and not short term goals.

Maybe they didn’t want them to be so common as they were, but not as uncommon as they are today and they had overcorrected.

But they knew the generation of mystic coins would go down when they made the changes they did. So they meant for the average supply on the TP to go down, which means they meant for the cost to go up.

However, unless you’ve got insider information on what ANet intended when they changed how the mystic coins are earned, your guess is as good as mine as to what they meant by it and if anything needs to be done.

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Posted by: Goatjugsoup.8637

Goatjugsoup.8637

they have value now, whats wrong with that

Most wanted in game additions: Beastiary, readable books

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Posted by: Ayrilana.1396

Ayrilana.1396

I’m sure that if someone bought them all up then something would be done once they see how bad things would be. It would just be speeding up the inevitable anyway.

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Posted by: Seera.5916

Seera.5916

they have value now, whats wrong with that

I think they believed that they were too common so instead of affecting demand, they affected supply.

Whether or not they over-corrected is the real question.

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Posted by: Catastrophe.2407

Catastrophe.2407

The price on Mystic Coins went up by at least 10 silver each today alone, this is complete bs, really need a better more reliable way to get them, I refuse to buy them, especially if they keep creeping up to almost 1g per.

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Posted by: SRoode.7318

SRoode.7318

Buy them at 2g then. Or 3g. Or, don’t buy them at all. It’s an open market.

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Posted by: Eurantien.4632

Eurantien.4632

You are aware that you get a kitten ton of clovers from PvP reward tracks?

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Posted by: Behellagh.1468

Behellagh.1468

You are aware that some players wouldn’t set foot in PvP for all the tea in China. Or in this case clovers.

We are heroes. This is what we do!

RIP City of Heroes

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Posted by: BrotherBelial.3094

BrotherBelial.3094

If they make clovers tradeable, that might be a good fix. I have a load that I’ll probably never use. I have the legendary I want, and have no real interest in making another.

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Posted by: Illconceived Was Na.9781

Illconceived Was Na.9781

I remember a post not to long about about the price of mystic coins going up and up, where I totally get the supply vs demand, a dev did say anet was monitoring the situation around these,

Given that they are needed for making mystic clovers which relies massively on RNG being in your favour to get the clovers as quick as possible, its making the costs of clovers crazy to make now,

Coins are pushing past 65silver each,

We need a new way to get coins, be it from converting laurels or by other means, I know they added them to the fractal chests as a random drop but its too random, maybe we need a dedicated recipe for making clovers that is non RNG based,

If anet are still watching this how much longer are you going to watch it, do they need to sell for 1g each before something happens, in the last 60 days they have nearly doubled in price, with demand vastly outstripping supply by 10:1 if anet are adding more to the game, there not adding them fast enough, or its to RNG based.

Why is it that you think there’s a certain price that mystic coins should trade at? For a long time, they were cheap and no one wanted them. The accumulated like crazy for certain veterans and folks demanded that ANet make them valuable. Now, they are in higher demand and other players are demanding that ANet “do something”.

I think the higher price is great for new players, who get a chance to earn extra from their daily login rewards and it’s mostly ok for veterans who can afford the higher rate. It also turns previously low-value Mystic Forge recipes into valuable ones.

I’m not suggesting that it would be okay if the supply keeps dropping and the price keeps rising. I am, however, saying that there’s no particular “right price” or “wrong price”.

John Smith: “you should kill monsters, because killing monsters is awesome.”

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Posted by: BrotherBelial.3094

BrotherBelial.3094

I remember a post not to long about about the price of mystic coins going up and up, where I totally get the supply vs demand, a dev did say anet was monitoring the situation around these,

Given that they are needed for making mystic clovers which relies massively on RNG being in your favour to get the clovers as quick as possible, its making the costs of clovers crazy to make now,

Coins are pushing past 65silver each,

We need a new way to get coins, be it from converting laurels or by other means, I know they added them to the fractal chests as a random drop but its too random, maybe we need a dedicated recipe for making clovers that is non RNG based,

If anet are still watching this how much longer are you going to watch it, do they need to sell for 1g each before something happens, in the last 60 days they have nearly doubled in price, with demand vastly outstripping supply by 10:1 if anet are adding more to the game, there not adding them fast enough, or its to RNG based.

Why is it that you think there’s a certain price that mystic coins should trade at? For a long time, they were cheap and no one wanted them. The accumulated like crazy for certain veterans and folks demanded that ANet make them valuable. Now, they are in higher demand and other players are demanding that ANet “do something”.

I think the higher price is great for new players, who get a chance to earn extra from their daily login rewards and it’s mostly ok for veterans who can afford the higher rate. It also turns previously low-value Mystic Forge recipes into valuable ones.

I’m not suggesting that it would be okay if the supply keeps dropping and the price keeps rising. I am, however, saying that there’s no particular “right price” or “wrong price”.

Most peoples problems are.not the price, but that the only way to get then is very limited for something that is used for a fair few things.

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Posted by: echo.2053

echo.2053

You are aware that some players wouldn’t set foot in PvP for all the tea in China. Or in this case clovers.

Then play the login game or buy the coins.

Gw2 has the biggest portion of entitled players among games they believe that anything they want should be dirt cheap and if not then be forcefully made that way but at the same time anything that drops at loot be worth hundreds of gold. lol

Bender the offender – Proud violator of 17 safe spaces –

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Posted by: amidare.9561

amidare.9561

I wish they add mystic coins to laurel/fractal/HoT maps vendors so you have other ways to buy them. Actually the market is so broken like never before.

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Posted by: Ok I Did It.2854

Ok I Did It.2854

I remember a post not to long about about the price of mystic coins going up and up, where I totally get the supply vs demand, a dev did say anet was monitoring the situation around these,

Given that they are needed for making mystic clovers which relies massively on RNG being in your favour to get the clovers as quick as possible, its making the costs of clovers crazy to make now,

Coins are pushing past 65silver each,

We need a new way to get coins, be it from converting laurels or by other means, I know they added them to the fractal chests as a random drop but its too random, maybe we need a dedicated recipe for making clovers that is non RNG based,

If anet are still watching this how much longer are you going to watch it, do they need to sell for 1g each before something happens, in the last 60 days they have nearly doubled in price, with demand vastly outstripping supply by 10:1 if anet are adding more to the game, there not adding them fast enough, or its to RNG based.

Why is it that you think there’s a certain price that mystic coins should trade at? For a long time, they were cheap and no one wanted them. The accumulated like crazy for certain veterans and folks demanded that ANet make them valuable. Now, they are in higher demand and other players are demanding that ANet “do something”.

I think the higher price is great for new players, who get a chance to earn extra from their daily login rewards and it’s mostly ok for veterans who can afford the higher rate. It also turns previously low-value Mystic Forge recipes into valuable ones.

I’m not suggesting that it would be okay if the supply keeps dropping and the price keeps rising. I am, however, saying that there’s no particular “right price” or “wrong price”.

I never said there was a right price, I said that the supply is not on par anymore, Anet said they where watching the problem, there are not enough coins being introduced to the game,

The fact that the coins are linked to an RNG recipe which may or may not return the item you need to craft a Legendary is NOT ok, and its this recipe which is helping push the price up and up, not to mention that guild halls and other random crafting also needs them,

It wasn’t that they had no value before, its just that before they where only needed for mystic weapons and Clovers, Anet have since added other recipes that need them, but have not increased the supply to compensate for this, if this trend continues they will be past the 1g each by the end of the month.

As for the its good for new players, its not really, as they may think great sell them now make a few G, but if its not looked at now, when they play a few months and then need 250 of them for a Legendary, the same coins may be worth 2g each at that point.

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Posted by: skyhawk.5149

skyhawk.5149

I think something to keep in mind is the fact that mystic coins are also used in a lot of other items aside from legendaries. The pvp reward trek method does work for laurels, but aside from login rewards there are no other sources of getting mystic coins.

Retired Oceanic Commander of Eredon Terrace

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Posted by: Zaxares.5419

Zaxares.5419

Mystic Coins do drop very rarely from Master tier Fractal reward chests, but it’s a drop in the ocean when compared to the demand.

I think ANet will probably have to look at increasing supply of various things across the board in the months to come. The 2g daily bonus reward was no doubt a welcome relief for many casual players, but without an increase in supply to keep pace with demand, all it will ultimately create is inflation. Several of the items I’m watching have gone up by 50% or more in the last month, although most “common” items like basic mats and ectos have remained fairly stable (although they still went up by about 10 – 20%).

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Posted by: Just a flesh wound.3589

Just a flesh wound.3589

I think something to keep in mind is the fact that mystic coins are also used in a lot of other items aside from legendaries. The pvp reward trek method does work for laurels, but aside from login rewards there are no other sources of getting mystic coins.

And the mystic forge dailies, which from my observation is once or twice a week.

Edit: an easy fix to increase supply might be to increase the frequency of the mystic forge daily.

Be careful what you ask for
ANet may give it to you.

(edited by Just a flesh wound.3589)

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Posted by: TPMN.1483

TPMN.1483

Shss… I have a cunning plan for a mystic coins to be worth 2G each.

Don’t tell anyone – people might be listening.

[MYTH] The Mythical Dragons -PvX http://mythdragons.enjin.com

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Posted by: Magnus Godrik.5841

Magnus Godrik.5841

It always spike during the weekend. And the fact that the PvP season is starting soon means more people will be needing them to finish the back piece. In 2 weeks or so it drop back down to 40s I’m sure. Now I can make money off all those powerful venom sacks I have. Ty Anet for the PvP announcement. And belated for the shortbow. I killed on wood that week.

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Posted by: Illconceived Was Na.9781

Illconceived Was Na.9781

Most peoples problems are.not the price, but that the only way to get then is very limited for something that is used for a fair few things.

The ways to get them haven’t changed substantially: they drop from login rewards and from the occasional daily. The demand for them has increased. If you’re patient, you end up getting enough over the long run. Like anything in the game, if you want to forge now, there’s a premium to pay.

We got 20/month from login and we need ~210 for a legendary, so it takes about a year to collect enough. To accelerate the rate, we can buy off the TP. Previous peaks for mystic coins were roughly 15.5/coin (May 2015 & Jan 2013, during the last of which, gold was harder to come by). So today, we need an extra 50 silver per mystic coin. For a legendary, that’s a premium of 105g. That’s about a 10-20% premium for being in a rush to craft a legendary.

Again, I’m not saying that is necessarily ‘good’ — what I’m saying is that neither is it a bad thing; it’s just different from what we are used to.

John Smith: “you should kill monsters, because killing monsters is awesome.”

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Posted by: Swagger.1459

Swagger.1459

Incase anyone missed it from Reddit…

“[–]ChrisCleary 2 points 19 days ago

https://youtu.be/_JNGI1dI-e8

You really should have better mystic coin vault combination John!

(I’ll look into the data sometime this week, but the recent spike looks more like someone is trying to corner the market :P)"

New Main- 80 Thief – P/P- Vault Spam Pro

221 hours over 1,581 days of bank space/hot pve/lion’s arch afk and some wvw.

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Posted by: BrotherBelial.3094

BrotherBelial.3094

Most peoples problems are.not the price, but that the only way to get then is very limited for something that is used for a fair few things.

The ways to get them haven’t changed substantially: they drop from login rewards and from the occasional daily. The demand for them has increased. If you’re patient, you end up getting enough over the long run. Like anything in the game, if you want to forge now, there’s a premium to pay.

We got 20/month from login and we need ~210 for a legendary, so it takes about a year to collect enough. To accelerate the rate, we can buy off the TP. Previous peaks for mystic coins were roughly 15.5/coin (May 2015 & Jan 2013, during the last of which, gold was harder to come by). So today, we need an extra 50 silver per mystic coin. For a legendary, that’s a premium of 105g. That’s about a 10-20% premium for being in a rush to craft a legendary.

Again, I’m not saying that is necessarily ‘good’ — what I’m saying is that neither is it a bad thing; it’s just different from what we are used to.

I know, like I said, the way to get them is limited. Another way to get a chance of getting them is needed. Maybe add them to JP chests as a chance drop or something.

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Posted by: Ayrilana.1396

Ayrilana.1396

I brought this up in another thread. Currently if you go to your guild hall, there’s a vendor that you can exchange commendations for obsidian shards. It’s at a rate of 1 commendation for 5 obsidian shards. You’re limited to three purchases per day.

What if Anet added mystic coins to the vendor as a permanent item?

I’m not sure how many should be available per commendation but I say no more than 5. If it’s set to 5, that’s 15 mystic coins per account, per day. According to the wiki, you get between 12 to 15 commendations throughout the week so buying them every day isn’t sustainable as you will slowly burn through excess commendations towards the end of the week.

This could be a good option for players to be able to directly get coins without having to rely on the login rewards or the random MF daily. There are also limitations in place on how many players can get. It would also give players more incentives to do guild missions. I’d also like to think it would be a low cost option to implement and not take too many resources.

I’m pretty sure that Anet will keep adding new sinks for mystic coins so there shouldn’t me too much worry about the mystic coins getting devalued. I’m fairly sure there would be an increased demand for them once legendary armor is available as an example.

Another option would be to have mystic clovers on there instead. Probably have them at a rate of 1 commendation for 1 mystic clover.

(edited by Ayrilana.1396)

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Posted by: Behellagh.1468

Behellagh.1468

You are aware that some players wouldn’t set foot in PvP for all the tea in China. Or in this case clovers.

Then play the login game or buy the coins.

Gw2 has the biggest portion of entitled players among games they believe that anything they want should be dirt cheap and if not then be forcefully made that way but at the same time anything that drops at loot be worth hundreds of gold. lol

Which I do but it gets a little tiresome when people think that PvP is the easy solution to these type of issues. It’s not a matter of entitlement, just the presumption that everyone plays PvP so it’s a non-issue.

We are heroes. This is what we do!

RIP City of Heroes

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Posted by: Ok I Did It.2854

Ok I Did It.2854

Just used 36G worth of Mystic Coins and got 10 Clovers back, this needs to be looked at sooner rather than later,

It will get worse if when the new legendary armor drops, as the current legendary back piece requires the clovers which in turn require the coins, you watch the demand sky rocket with the armor drops in game.

It maybe better to drop this on reddit, it may get looked at then.

(edited by Ok I Did It.2854)

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Posted by: Seera.5916

Seera.5916

Just used 36G worth of Mystic Coins and got 10 Clovers back, this needs to be looked at sooner rather than later,

It will get worse if when the new legendary armor drops, as the current legendary back piece requires the clovers which in turn require the coins, you watch the demand sky rocket with the armor drops in game.

It maybe better to drop this on reddit, it may get looked at then.

They are looking at it or have looked at it.

Sometimes the solutions aren’t as easy as we players would think. They knew that the change in acquisition would reduce the number of mystic coins coming into existence. Which means they wanted them to become more expensive to buy off of the TP.

Which means they have to gauge what change would happen to the price of mystic coins should they add new means to get mystic coins.

This is not something that would likely happen over night or quickly.

Especially with Mystic Coins being heavily tied into legendary crafting which ties into several other mat markets. So a change in Mystic Coin price in the direction of cheaper, could cause an increase production of legendaries which increase the prices of the mats associated. Which have already experienced a recent price hike due to guild halls and legendaries.

Or maybe they decided that the rate they are being generated is fine and there doesn’t need to be an adjustment.

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Posted by: TPMN.1483

TPMN.1483

Just used 36G worth of Mystic Coins and got 10 Clovers back, this needs to be looked at sooner rather than later,

It will get worse if when the new legendary armor drops, as the current legendary back piece requires the clovers which in turn require the coins, you watch the demand sky rocket with the armor drops in game.

It maybe better to drop this on reddit, it may get looked at then.

As you need to do WvW for the legendary – do the Reward Tracks for the WvW Legendary armor – get Clovers at the same time. This will save you a fortune.

Thankfully Clovers have many other sources than Mystic Coins.

I can easily see the shiney coins reaching 2G at this rate – especially if they release new legendarys…. as they are not… I expect them to peak around 1G/Coin – then start to fall back to 50s.

One thing they did was reduce the number of mystic coins that were dropping than before – then increase it in a minor way with Fractals of the Mists.

Either way supply is slightly less than before , demand is higher (new legendarys).. Simple D&S / Price curves here in place nothing more.

The 6 new legendarys – PVP Backpiece, FoTM Backpiece, Shortbow, Astralasia (axe), Nevermore (staff), Chaos Gun (Pistol) – all requiring 250 Mystic coins (before the amount for clovers) – puts a high demand for this material in place.

The clever people made sure they bought a lot before new legendarys so they could craft this stuff.

The other factor is .. .people before didn’t get many pre-cursors – now they can go on the journey and finally get the one they need and are just starting to experience the need for these magical coins for there first legendary weapon.

You only need to look at the price of powerful bloods (t6) – they are nearly 75s each.. heading skywards … which will fall sharply in a few days when the famous frostgorge farm begins returning 20-30g/hr through events.

[MYTH] The Mythical Dragons -PvX http://mythdragons.enjin.com

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Posted by: gothmog.7501

gothmog.7501

Once upon a time it was one coin per day from dailies. When Anet changed to the log-in rewards, coins dropped to 20/month. Those of us who think about these things (probably too much) realised that a 1/3 drop in supply for an item vital to crafting so many shinies meant the price could go only one way.

Which is why, after making Astralaria yesterday, I still have three stacks of coins in my bank, which I bought for 4-5 silver each an awfully long time ago….

Think I’ll hang on a bit longer, and hope to call the point at which Anet increases supply (and price falls off a cliff)

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Posted by: Ok I Did It.2854

Ok I Did It.2854

Well someone beat me to it on reddit about coins and from the posts there and people who watch data trackers for the TP someone or a group of people bought like 67k worth of coins over 2 days, pushing the prices up as supply disappeared, this could be a case of a guild or several wealthy players trying to control a market.

Its now been 100 coins and 10 clovers returned,

They should add coins to every daily chest, meaning those who want them can just do more of them daily chests,

As for the T6 blood, the only reason it continues to be so high is because its needed to change stats on ascended armor/weapons to zerker stats, if it wasn’t for this you wouldn’t see that climb in blood the way it is.

As someone has now posted this on reddit, and its gaining more replies on there than here, id expect Anet to finally look into this problem.

WE still need a dedicated recipe for clovers no more RNG, the game already has to much broken RNG, grinding PvP or WvW is not the answer, as some people do not play them formats, and at that you only gain 2 per completed track, make it 10 and it might be a little easier.

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Posted by: Seera.5916

Seera.5916

Well someone beat me to it on reddit about coins and from the posts there and people who watch data trackers for the TP someone or a group of people bought like 67k worth of coins over 2 days, pushing the prices up as supply disappeared, this could be a case of a guild or several wealthy players trying to control a market.

Its now been 100 coins and 10 clovers returned,

They should add coins to every daily chest, meaning those who want them can just do more of them daily chests,

As for the T6 blood, the only reason it continues to be so high is because its needed to change stats on ascended armor/weapons to zerker stats, if it wasn’t for this you wouldn’t see that climb in blood the way it is.

As someone has now posted this on reddit, and its gaining more replies on there than here, id expect Anet to finally look into this problem.

WE still need a dedicated recipe for clovers no more RNG, the game already has to much broken RNG, grinding PvP or WvW is not the answer, as some people do not play them formats, and at that you only gain 2 per completed track, make it 10 and it might be a little easier.

ANet did. They figured the recent spike was someone trying to corner the market. Based on this post, they were right.

Cornering a market in GW2 is near impossible given that everyone has the ability to get everything that would be able to be sold on the TP.

If you don’t like the price they are on the TP, don’t buy them. If enough do that, there will be others who post coins for cheaper hoping they’ll be the ones sold first. And if people wait long enough to buy, it will come down quite heavily. Because more people put a lot up, or the ones who tried to corner market decided to cancel and repost as the price is tanking and they want to get the most money possible.

Edit: There is a dedicated recipe for mystic clovers: log in for 28 days and chose the legendary chest. You get 7 per chest.

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Posted by: Swagger.1459

Swagger.1459

Well someone beat me to it on reddit about coins and from the posts there and people who watch data trackers for the TP someone or a group of people bought like 67k worth of coins over 2 days, pushing the prices up as supply disappeared, this could be a case of a guild or several wealthy players trying to control a market.

Its now been 100 coins and 10 clovers returned,

They should add coins to every daily chest, meaning those who want them can just do more of them daily chests,

As for the T6 blood, the only reason it continues to be so high is because its needed to change stats on ascended armor/weapons to zerker stats, if it wasn’t for this you wouldn’t see that climb in blood the way it is.

As someone has now posted this on reddit, and its gaining more replies on there than here, id expect Anet to finally look into this problem.

WE still need a dedicated recipe for clovers no more RNG, the game already has to much broken RNG, grinding PvP or WvW is not the answer, as some people do not play them formats, and at that you only gain 2 per completed track, make it 10 and it might be a little easier.

ANet did. They figured the recent spike was someone trying to corner the market. Based on this post, they were right.

Cornering a market in GW2 is near impossible given that everyone has the ability to get everything that would be able to be sold on the TP.

If you don’t like the price they are on the TP, don’t buy them. If enough do that, there will be others who post coins for cheaper hoping they’ll be the ones sold first. And if people wait long enough to buy, it will come down quite heavily. Because more people put a lot up, or the ones who tried to corner market decided to cancel and repost as the price is tanking and they want to get the most money possible.

Edit: There is a dedicated recipe for mystic clovers: log in for 28 days and chose the legendary chest. You get 7 per chest.

MC are time gated and thus easy to manipulate…

Acquisition will be improved to fix this.

New Main- 80 Thief – P/P- Vault Spam Pro

221 hours over 1,581 days of bank space/hot pve/lion’s arch afk and some wvw.

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Posted by: Seera.5916

Seera.5916

Well someone beat me to it on reddit about coins and from the posts there and people who watch data trackers for the TP someone or a group of people bought like 67k worth of coins over 2 days, pushing the prices up as supply disappeared, this could be a case of a guild or several wealthy players trying to control a market.

Its now been 100 coins and 10 clovers returned,

They should add coins to every daily chest, meaning those who want them can just do more of them daily chests,

As for the T6 blood, the only reason it continues to be so high is because its needed to change stats on ascended armor/weapons to zerker stats, if it wasn’t for this you wouldn’t see that climb in blood the way it is.

As someone has now posted this on reddit, and its gaining more replies on there than here, id expect Anet to finally look into this problem.

WE still need a dedicated recipe for clovers no more RNG, the game already has to much broken RNG, grinding PvP or WvW is not the answer, as some people do not play them formats, and at that you only gain 2 per completed track, make it 10 and it might be a little easier.

ANet did. They figured the recent spike was someone trying to corner the market. Based on this post, they were right.

Cornering a market in GW2 is near impossible given that everyone has the ability to get everything that would be able to be sold on the TP.

If you don’t like the price they are on the TP, don’t buy them. If enough do that, there will be others who post coins for cheaper hoping they’ll be the ones sold first. And if people wait long enough to buy, it will come down quite heavily. Because more people put a lot up, or the ones who tried to corner market decided to cancel and repost as the price is tanking and they want to get the most money possible.

Edit: There is a dedicated recipe for mystic clovers: log in for 28 days and chose the legendary chest. You get 7 per chest.

MC are time gated and thus easy to manipulate…

Acquisition will be improved to fix this.

Do you have proof of this?

If not, then that’s just a guess.

If so, please link to this proof.

Because while I would love for Mystic Coins to become more easily obtained for those wishing to have the items made from them, ANet knows what value it wants the coins to have. And I don’t know what that value is. All I know is they wanted the coins to become more valuable (they had to know their change to the system was lowering the number of coins being generated).

Maybe the coins are still too cheap and all this fuss will do is get the generation nerfed again?

Maybe the coins are right where ANet wants them value was?

Maybe the coins got too expensive and ANet overshot the mark?

I would hazard a guess that them being too cheap is probably a 1% chance and right where ANet wants it at 49.5% and too expensive at 49.5%. The major item sought after from mystic coins are the clovers and those are primarily used for the legendary which already has a fairly high price tag, I doubt they wanted the mystic coins to get too expensive when attached to the RNG mystic clover recipe.

And if you’re not wanting to spend too much on mystic coins, do the 1 clover recipe. You have more chances of being near the average than you do with the 10 clover recipe.

I used the 10 clover recipe because I hadn’t gotten the T6 mats yet and they are some of the other options received. And I sold the mats that came out that I did not need.

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Posted by: Swagger.1459

Swagger.1459

Well someone beat me to it on reddit about coins and from the posts there and people who watch data trackers for the TP someone or a group of people bought like 67k worth of coins over 2 days, pushing the prices up as supply disappeared, this could be a case of a guild or several wealthy players trying to control a market.

Its now been 100 coins and 10 clovers returned,

They should add coins to every daily chest, meaning those who want them can just do more of them daily chests,

As for the T6 blood, the only reason it continues to be so high is because its needed to change stats on ascended armor/weapons to zerker stats, if it wasn’t for this you wouldn’t see that climb in blood the way it is.

As someone has now posted this on reddit, and its gaining more replies on there than here, id expect Anet to finally look into this problem.

WE still need a dedicated recipe for clovers no more RNG, the game already has to much broken RNG, grinding PvP or WvW is not the answer, as some people do not play them formats, and at that you only gain 2 per completed track, make it 10 and it might be a little easier.

ANet did. They figured the recent spike was someone trying to corner the market. Based on this post, they were right.

Cornering a market in GW2 is near impossible given that everyone has the ability to get everything that would be able to be sold on the TP.

If you don’t like the price they are on the TP, don’t buy them. If enough do that, there will be others who post coins for cheaper hoping they’ll be the ones sold first. And if people wait long enough to buy, it will come down quite heavily. Because more people put a lot up, or the ones who tried to corner market decided to cancel and repost as the price is tanking and they want to get the most money possible.

Edit: There is a dedicated recipe for mystic clovers: log in for 28 days and chose the legendary chest. You get 7 per chest.

MC are time gated and thus easy to manipulate…

Acquisition will be improved to fix this.

Do you have proof of this?

If not, then that’s just a guess.

If so, please link to this proof.

Because while I would love for Mystic Coins to become more easily obtained for those wishing to have the items made from them, ANet knows what value it wants the coins to have. And I don’t know what that value is. All I know is they wanted the coins to become more valuable (they had to know their change to the system was lowering the number of coins being generated).

Maybe the coins are still too cheap and all this fuss will do is get the generation nerfed again?

Maybe the coins are right where ANet wants them value was?

Maybe the coins got too expensive and ANet overshot the mark?

I would hazard a guess that them being too cheap is probably a 1% chance and right where ANet wants it at 49.5% and too expensive at 49.5%. The major item sought after from mystic coins are the clovers and those are primarily used for the legendary which already has a fairly high price tag, I doubt they wanted the mystic coins to get too expensive when attached to the RNG mystic clover recipe.

And if you’re not wanting to spend too much on mystic coins, do the 1 clover recipe. You have more chances of being near the average than you do with the 10 clover recipe.

I used the 10 clover recipe because I hadn’t gotten the T6 mats yet and they are some of the other options received. And I sold the mats that came out that I did not need.

It’s safe to say that this will be remedied judging by the dev posts on Reddit.

It’s going to be ok.

Better drop your supply now while the market is hot.

New Main- 80 Thief – P/P- Vault Spam Pro

221 hours over 1,581 days of bank space/hot pve/lion’s arch afk and some wvw.

Mystic Coins again

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Posted by: Seera.5916

Seera.5916

Well someone beat me to it on reddit about coins and from the posts there and people who watch data trackers for the TP someone or a group of people bought like 67k worth of coins over 2 days, pushing the prices up as supply disappeared, this could be a case of a guild or several wealthy players trying to control a market.

Its now been 100 coins and 10 clovers returned,

They should add coins to every daily chest, meaning those who want them can just do more of them daily chests,

As for the T6 blood, the only reason it continues to be so high is because its needed to change stats on ascended armor/weapons to zerker stats, if it wasn’t for this you wouldn’t see that climb in blood the way it is.

As someone has now posted this on reddit, and its gaining more replies on there than here, id expect Anet to finally look into this problem.

WE still need a dedicated recipe for clovers no more RNG, the game already has to much broken RNG, grinding PvP or WvW is not the answer, as some people do not play them formats, and at that you only gain 2 per completed track, make it 10 and it might be a little easier.

ANet did. They figured the recent spike was someone trying to corner the market. Based on this post, they were right.

Cornering a market in GW2 is near impossible given that everyone has the ability to get everything that would be able to be sold on the TP.

If you don’t like the price they are on the TP, don’t buy them. If enough do that, there will be others who post coins for cheaper hoping they’ll be the ones sold first. And if people wait long enough to buy, it will come down quite heavily. Because more people put a lot up, or the ones who tried to corner market decided to cancel and repost as the price is tanking and they want to get the most money possible.

Edit: There is a dedicated recipe for mystic clovers: log in for 28 days and chose the legendary chest. You get 7 per chest.

MC are time gated and thus easy to manipulate…

Acquisition will be improved to fix this.

Do you have proof of this?

If not, then that’s just a guess.

If so, please link to this proof.

Because while I would love for Mystic Coins to become more easily obtained for those wishing to have the items made from them, ANet knows what value it wants the coins to have. And I don’t know what that value is. All I know is they wanted the coins to become more valuable (they had to know their change to the system was lowering the number of coins being generated).

Maybe the coins are still too cheap and all this fuss will do is get the generation nerfed again?

Maybe the coins are right where ANet wants them value was?

Maybe the coins got too expensive and ANet overshot the mark?

I would hazard a guess that them being too cheap is probably a 1% chance and right where ANet wants it at 49.5% and too expensive at 49.5%. The major item sought after from mystic coins are the clovers and those are primarily used for the legendary which already has a fairly high price tag, I doubt they wanted the mystic coins to get too expensive when attached to the RNG mystic clover recipe.

And if you’re not wanting to spend too much on mystic coins, do the 1 clover recipe. You have more chances of being near the average than you do with the 10 clover recipe.

I used the 10 clover recipe because I hadn’t gotten the T6 mats yet and they are some of the other options received. And I sold the mats that came out that I did not need.

It’s safe to say that this will be remedied judging by the dev posts on Reddit.

It’s going to be ok.

Better drop your supply now while the market is hot.

Can you link that post on reddit? I don’t frequent reddit.

I never indicated that it wasn’t going to be ok or that I was panicking.

Don’t assume I have a large supply of mystic coins. I don’t. I don’t even have a full stack. And I don’t plan on selling any until I get a stack and then I’ll sell any I get after I get a stack of them. But that’s just how I roll with mats that I can’t farm. I just realize that ANet doesn’t balance their economy on what I have or don’t have. They balance over everyone’s accounts.

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Posted by: Swagger.1459

Swagger.1459

New Main- 80 Thief – P/P- Vault Spam Pro

221 hours over 1,581 days of bank space/hot pve/lion’s arch afk and some wvw.

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Posted by: Phoebe Ascension.8437

Phoebe Ascension.8437

I bought 200 mystic coins, and it gave me 60 mystic clover. Had 4 left. I will farm the rest via pvp, not worth it otherwise. Luckely, I had my coins ready (from login rewards mostly) for hope legendary, Wich I made last month, and i’m not ready for pvp wings too, wich means it will take a big while before I need em again. But for pvp I will focus purely on reward tracks wich give flowers now.

Also second tip: on login reward you can choose option that gives 7 mystic clovers (wich might become the most worthy choice now, over laurels/ascended mat).

Legendary weapons can be hidden now!
No excuse anymore for not giving ‘hide mounts’-option
No thanks to unidentified weapons.

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Posted by: Seera.5916

Seera.5916

Thank you.

So it looks like they found a problem and the recovery will start shortly. Chris didn’t mention that he had fixed the problem at that point so who knows when “shortly” will happen. And then who knows how long it will take the market to find the new equilibrium price. Chris wasn’t forthcoming with what the problem was.

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Posted by: Ayrilana.1396

Ayrilana.1396

Its now been 100 coins and 10 clovers returned,

You’ll have better luck doing the single recipe rather than the 10. There was someone in my guild that used the x10 recipe and said they used 400 mystic coins. Using the x1 recipe for the 13 or so legendaries that I have made, I average about 230-250 coins.

Now this isn’t meant to refute what you have stated in the rest of your post. I just wanted to point out a better way to get the mystic clovers that won’t have you burning through stacks of mystic coins.

Thank you.

So it looks like they found a problem and the recovery will start shortly. Chris didn’t mention that he had fixed the problem at that point so who knows when “shortly” will happen. And then who knows how long it will take the market to find the new equilibrium price. Chris wasn’t forthcoming with what the problem was.

That was 19 days ago and the price has kept rising.

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Posted by: Just a flesh wound.3589

Just a flesh wound.3589

Its now been 100 coins and 10 clovers returned,

You’ll have better luck doing the single recipe rather than the 10. There was someone in my guild that used the x10 recipe and said they used 400 mystic coins. Using the x1 recipe for the 13 or so legendaries that I have made, I average about 230-250 coins.

Now this isn’t meant to refute what you have stated in the rest of your post. I just wanted to point out a better way to get the mystic clovers that won’t have you burning through stacks of mystic coins.

Thank you.

So it looks like they found a problem and the recovery will start shortly. Chris didn’t mention that he had fixed the problem at that point so who knows when “shortly” will happen. And then who knows how long it will take the market to find the new equilibrium price. Chris wasn’t forthcoming with what the problem was.

That was 19 days ago and the price has kept rising.

Within the last day supply has increased and price has gone back down to what it was before the most recent price spike.

https://www.gw2tp.com/item/19976-mystic-coin

Be careful what you ask for
ANet may give it to you.

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Posted by: Ayrilana.1396

Ayrilana.1396

Its now been 100 coins and 10 clovers returned,

You’ll have better luck doing the single recipe rather than the 10. There was someone in my guild that used the x10 recipe and said they used 400 mystic coins. Using the x1 recipe for the 13 or so legendaries that I have made, I average about 230-250 coins.

Now this isn’t meant to refute what you have stated in the rest of your post. I just wanted to point out a better way to get the mystic clovers that won’t have you burning through stacks of mystic coins.

Thank you.

So it looks like they found a problem and the recovery will start shortly. Chris didn’t mention that he had fixed the problem at that point so who knows when “shortly” will happen. And then who knows how long it will take the market to find the new equilibrium price. Chris wasn’t forthcoming with what the problem was.

That was 19 days ago and the price has kept rising.

Within the last day supply has increased and price has gone back down to what it was before the most recent price spike.

https://www.gw2tp.com/item/19976-mystic-coin

Which was bound to happen. Just wait until next weekend or once the next raid wing is released.

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Posted by: Seera.5916

Seera.5916

Its now been 100 coins and 10 clovers returned,

You’ll have better luck doing the single recipe rather than the 10. There was someone in my guild that used the x10 recipe and said they used 400 mystic coins. Using the x1 recipe for the 13 or so legendaries that I have made, I average about 230-250 coins.

Now this isn’t meant to refute what you have stated in the rest of your post. I just wanted to point out a better way to get the mystic clovers that won’t have you burning through stacks of mystic coins.

Thank you.

So it looks like they found a problem and the recovery will start shortly. Chris didn’t mention that he had fixed the problem at that point so who knows when “shortly” will happen. And then who knows how long it will take the market to find the new equilibrium price. Chris wasn’t forthcoming with what the problem was.

That was 19 days ago and the price has kept rising.

He said he found a problem. He did not say the problem was fixed or that the correction would happen quickly. He said the recovery would start shortly.

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Posted by: SkullProX.7083

SkullProX.7083

I don’t like the way this community is thinking… so if something gets too expensive, you wan’t to lower the price right away? Joke…. 65s is not a lot anyways, and there are other methods to get mystic clovers, go play some pvp or www and finish the reward tracks, you get 2/track or 7 at the non-repeatable ones. Oh you actually have to work for that, not like pressing F on sw cf? I’m sorry, but we are talking about legendary weapons which should be exclusive…

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Posted by: BrotherBelial.3094

BrotherBelial.3094

Reading reddit would really help with some of the questions raised in this thread.
I don’t think they really like the price of mystic coins because John has already said that he’s taking a look at them

Also, some players are quick to call it market manipulation whenever prices go up, that’s true, however, in this case there might be some manipulation mixed with an overall demand increase. Both John and Chris Cleary suspect that there could be something fishy going on like someone trying to corner the market.

People should not have to go to reddit to get the answers they seek when they have an “official” forum.

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Posted by: Just a flesh wound.3589

Just a flesh wound.3589

Reading reddit would really help with some of the questions raised in this thread.
I don’t think they really like the price of mystic coins because John has already said that he’s taking a look at them

Also, some players are quick to call it market manipulation whenever prices go up, that’s true, however, in this case there might be some manipulation mixed with an overall demand increase. Both John and Chris Cleary suspect that there could be something fishy going on like someone trying to corner the market.

People should not have to go to reddit to get the answers they seek when they have an “official” forum.

Reditt is the forum to go to for direct answers, long conversations about various subjects with the Devs and to chit chat with them.

This is the “other” forum, where we speak to each other.

Be careful what you ask for
ANet may give it to you.