Guild Wars 2

The mystic coin thing is a bubble. Some people literally have 100+ stacks of this hoarded. As soon as the bubble bursts the price will drop below 50s again for sure.

example:
http://i.imgur.com/IjA1Xz9.jpg (not my account, took this screen from reddit)

Profit from the bubble while you can.

Behellagh.1468:

How much of the spike is being caused by players now hording or even buying up MC as they enter the TP thus keeping supply low because they hear that MC prices are/will be going through the roof?

Essentially all of it. Nothing has moved demand in the past couple months, and consumption should be down from the price surge.

Generation is limited and can’t be changed much – it’s not like most materials that can be farmed for. Thus, outside of market intervention there won’t be a supply surge to push prices down.

It’s really just a question of at what price the people with big stockpiles feel like cashing out.

Arkarian.1679:

What’s stupid is that people who want to actively play the game are at the mercy of those who just play the Trading Post. And that’s ANet’s responsibility to fix, not the players.

It’s a good thing this never happens in the real world, where the consequences can be a lot worse than taking a little longer to get your shiny new wardrobe skin.

Ensign.2189:

Behellagh.1468:

How much of the spike is being caused by players now hording or even buying up MC as they enter the TP thus keeping supply low because they hear that MC prices are/will be going through the roof?

Essentially all of it. Nothing has moved demand in the past couple months, and consumption should be down from the price surge.
.

What about the new shortbow Legendary? Players who want it may be getting to the point where they are making Clovers of Random-mess for it.

tolunart.2095:

Ensign.2189:

Behellagh.1468:

How much of the spike is being caused by players now hording or even buying up MC as they enter the TP thus keeping supply low because they hear that MC prices are/will be going through the roof?

Essentially all of it. Nothing has moved demand in the past couple months, and consumption should be down from the price surge.
.

What about the new shortbow Legendary? Players who want it may be getting to the point where they are making Clovers of Random-mess for it.

And the legendary backpack for those that didn’t participate in season 1

Of course the people in this thread don’t actually believe what they are peddling. If they did they would be dumping every copper they have into buying mystic coins. By the sound of the complainers mystic coins will be 10g each soon. If you honestly believe that, then use every ounce of gold and effort you have to buy coins at the low low price they are now. In a few months you will be unfathomably rich.

Of course they don’t actually believe it and know that the market will self correct so they just complain on here for Anet to artificially lower the price so they can profit off that instead.

ZudetGambeous.9573:

Of course the people in this thread don’t actually believe what they are peddling. If they did they would be dumping every copper they have into buying mystic coins. By the sound of the complainers mystic coins will be 10g each soon. If you honestly believe that, then use every ounce of gold and effort you have to buy coins at the low low price they are now. In a few months you will be unfathomably rich.

Of course they don’t actually believe it and know that the market will self correct so they just complain on here for Anet to artificially lower the price so they can profit off that instead.

I actually am thinking of buying a bunch, but that’s because I’m in striking distance of getting a legendary, and I want to start slowly buying mystic coins early using dollar cost averaging.

wouldn’t sit around thinking too much, prices are going up with no ceiling whilst supply is coming down according to this thread.

tolunart.2095:

What about the new shortbow Legendary? Players who want it may be getting to the point where they are making Clovers of Random-mess for it.

Well that’s a weird one to pick on, why would that, now, be the one thing that is important. Are you making one perchance?

Actually. there IS a way to get Mystic Clovers (Not coins, though) from just playing the game.

Step 1: Look at the top of your screen.
Step 2: hit the crossed swords button.
Step 3: Select the Chest icon on the left side of the panel
Step 4: Scroll down to “Verdant Brink Reward Track”
Step 5: Hit the crossed swords on the panel
Step 6: Hit “Play Unranked Arena”. It should take about 40 games per reward track. When you run out of HoT map tracks, you can go for any other track that isn’t a Dungeon track

Alternative way:
Step 1: Hit “B” (Default keybind), or select the Shield icon at the top of the screen.
Step 2: Select the chest icon.
Step 3: Select “Verdant Brink” reward track.
Step 4: Select shield icon on left panel.
Step 5: Select any map without a queue.
Step 6: Throw yourself into GLORIOUS BATTLE! Either by roaming, or joining on a commander.

General Health.9678:

You’re just upset there’s an issue for you. And others, I am not singling you out. But it’s exactly the same as the guy who doesn’t have any leather and wants the devs to fix it. Same as the guy who doesn’t have laurels or orbs. There is an in-game way to get what you want, it’s the TP.

Its nothing like the guy who cant get leather or orbs, both of those items can be got in game very easily and you can get them easily by never going near the TP,

It seems those who are apposed to Anet looking into this may have a lot of gold sunk into Coins on the TP, and stand to lose gold if Anet step in.

But as you brought up the orbs, which are indeed needed for the new HoT Legendarys, people DID complain about them, (Amalgamated Gemstones) and Anet DID add more ways to get them, including recipes to make 10-25 at a time, I didn’t see any hate on the forums about that, yet people are hating on others for wanting Anet to step in to fix ( give us more ways to get ) Mystic Coins, how strange.

When I first brought this topic up 3 weeks ago, the price of coins rapidly dropped ( flippers scared maybe that Anet would do something ) Anet Dev Chris replied stating basically suck it up, and prices sky rocketed after that, as it was pretty much Anet giving the TP Flippers free reign on coin prices.

I also see this topic has hit reddit also, apparently coins hit 1G each today at some point, and the topic there already has like x5 as many replies.

ZudetGambeous.9573:

Of course they don’t actually believe it and know that the market will self correct so they just complain on here for Anet to artificially lower the price so they can profit off that instead.

I think there’s a safe bet that there is a substantial amount of people who play casually and don’t particularly care about getting rich. Not everyone cares about being rich in virtual world.

Plus I think that trading post haggling isn’t everyone’s cup of tea either. I definitely know that you might get rich through it but other than that I only do that very rarely because imo it’s very boring.

Eh, I have said it once before. As long as the multiple account loophole exists then there should be an alternative way to get Mystic Coins. It’s also funny how both John and Chris don’t even mention this in their “analysis” posts whatsoever. Furthermore they don’t mention that F2P players can purchase Mystic Coins off the TP. Which creates a large sink for Mystic Coins. Due to F2P players not able to earn mystic coins through it’s main source: daily log in reward system. However at least they want people to purchase more accounts to get this rare commodity and just sit on it. As they usually promote this type of behavior till things really start to get out of hand. The company itself has this whole obsession for analytics, instead of doing actual work.

Sartharina.3542:

Actually. there IS a way to get Mystic Clovers (Not coins, though) from just playing the game.

Yeah, too bad HoT legendaries require 250 extra mystic coins aside from those needed for Mystic Clovers, and those cannot be obtained by playing the game.

And btw, I’m not crafting any legendary atm, and I have 500+ MC sitting on my bank just in case. So I believe I’m being quite objective, and I still think there’s an issue with MCs.

Ok I Did It.2854:

General Health.9678:

You’re just upset there’s an issue for you. And others, I am not singling you out. But it’s exactly the same as the guy who doesn’t have any leather and wants the devs to fix it. Same as the guy who doesn’t have laurels or orbs. There is an in-game way to get what you want, it’s the TP.

Its nothing like the guy who cant get leather or orbs, both of those items can be got in game very easily and you can get them easily by never going near the TP,

It seems those who are apposed to Anet looking into this may have a lot of gold sunk into Coins on the TP, and stand to lose gold if Anet step in.

But as you brought up the orbs, which are indeed needed for the new HoT Legendarys, people DID complain about them, (Amalgamated Gemstones) and Anet DID add more ways to get them, including recipes to make 10-25 at a time, I didn’t see any hate on the forums about that, yet people are hating on others for wanting Anet to step in to fix ( give us more ways to get ) Mystic Coins, how strange.

When I first brought this topic up 3 weeks ago, the price of coins rapidly dropped ( flippers scared maybe that Anet would do something ) Anet Dev Chris replied stating basically suck it up, and prices sky rocketed after that, as it was pretty much Anet giving the TP Flippers free reign on coin prices.

I also see this topic has hit reddit also, apparently coins hit 1G each today at some point, and the topic there already has like x5 as many replies.

Because maybe the price that ANet wanted the gemstones to be was too high, but Mystic Coins aren’t. And the solution didn’t affect too many other economies.

The other problem is, if supply and demand change too quickly, players hoarding the coins may just dump to get the most gold and tank the coin prices too far. Make it easier to get the coins and those wanting HoT legendaries or wanting to make their own core legendaries starting buying OTHER materials related to precursors and gifts. Next thing you know T6 mats are 1 gold each.

The more uses an item has and what other economies those uses affect, the riskier it is to make a quick and drastic change. And even riskier to announce it.

Wow, I have an overflow of these things because all these years I’ve never bothered to know what they were for, but didn’t want to get rid of them either. Jist found out I’m sitting on a gold mine!

just give ppl 1 mystic coin/spirit shard/karma thingy for each bar of XP (254k XP) people in endgame could move on to legendaries easier, and acces would be significantly enriched. You would only need 58.6M XP for a legendary? guess that’s more of a way of dealing with it.

as a comparison the whole HoT mastery track is about 50M XP… if I am right

It would encourage doing events over pure farming and reward people no longer getting XP …. think about it.

Amazing what happens when the TP restocks some 20K mystic coins in 14 hours or so. Currently 68 silver each.

But remember “Invest Now Before It Hits 10 Gold”.

I had so many saved unloaded way to early

They should add a Chest of Abundant Mystic Coins to the Chest of Loyalty choices, with 40 coins inside to follow the pattern:

• 1,2,3,4,20 Laurels.
• 2,4,6,8,40 Mystic Coins.

The other choices should also be improved:

• The Chest of Grand Experience should give 20 tomes instead 6. Tomes of Experience should get a Consume All for level 80 characters, to turn them into Spirit Shards without all the clickety click.
• The Chest of Ascended Crafting Materials should still have the random material, but among the possible random materials a smaller chance to get an Assault Knight Power Core should be added. And instead always a vision crystal as the second item, there should be a selection of materials to choose:
  • Bolt of Damask
  • Elonian Leather Square
  • Deldrimor Steel
  • Spiritwood Plank
  • Crystalline Ingot
  • Xunlai Electrum Ingot (added after it gets a use, like ascended trinket crafting)
  • 2 Vision Crystals
  • 3 Lesser Vision Crystals.
• The Chest of Legendary Crafting Materials should still give Mystic Clovers, but instead always Obsidian, it should let you choose the second:
  • 8 Obsidian Shards.
  • 1 Ball of Dark Energy
  • 1-2 of a material used in legendary armor crafting.

You know, an actual choice to be had in there.

Like it

MithranArkanere.8957:

They should add a Chest of Abundant Mystic Coins to the Chest of Loyalty choices, with 40 coins inside to follow the pattern:

• 1,2,3,4,20 Laurels.
• 2,4,6,8,40 Mystic Coins.

The other choices should also be improved:

• The Chest of Grand Experience should give 20 tomes instead 6. Tomes of Experience should get a Consume All for level 80 characters, to turn them into Spirit Shards without all the clickety click.
• The Chest of Ascended Crafting Materials should still have the random material, but among the possible random materials a smaller chance to get an Assault Knight Power Core should be added. And instead always a vision crystal as the second item, there should be a selection of materials to choose:
  • Bolt of Damask
  • Elonian Leather Square
  • Deldrimor Steel
  • Spiritwood Plank
  • Crystalline Ingot
  • Xunlai Electrum Ingot (added after it gets a use, like ascended trinket crafting)
  • 2 Vision Crystals
  • 3 Lesser Vision Crystals.
• The Chest of Legendary Crafting Materials should still give Mystic Clovers, but instead always Obsidian, it should let you choose the second:
  • 8 Obsidian Shards.
  • 1 Ball of Dark Energy
  • 1-2 of a material used in legendary armor crafting.

You know, an actual choice to be had in there.

Yeah, I would be for that too. I think it’s a good idea.

The Economy nuts might totally shoot down the idea though. Economy Wars 2 is precious to them.

Cost is way too high; Anet should really take another look at this situation.

MithranArkanere.8957:

They should add a Chest of Abundant Mystic Coins to the Chest of Loyalty choices, with 40 coins inside to follow the pattern:

• 1,2,3,4,20 Laurels.
• 2,4,6,8,40 Mystic Coins.

The other choices should also be improved:

• The Chest of Grand Experience should give 20 tomes instead 6. Tomes of Experience should get a Consume All for level 80 characters, to turn them into Spirit Shards without all the clickety click.
• The Chest of Ascended Crafting Materials should still have the random material, but among the possible random materials a smaller chance to get an Assault Knight Power Core should be added. And instead always a vision crystal as the second item, there should be a selection of materials to choose:
  • Bolt of Damask
  • Elonian Leather Square
  • Deldrimor Steel
  • Spiritwood Plank
  • Crystalline Ingot
  • Xunlai Electrum Ingot (added after it gets a use, like ascended trinket crafting)
  • 2 Vision Crystals
  • 3 Lesser Vision Crystals.
• The Chest of Legendary Crafting Materials should still give Mystic Clovers, but instead always Obsidian, it should let you choose the second:
  • 8 Obsidian Shards.
  • 1 Ball of Dark Energy
  • 1-2 of a material used in legendary armor crafting.

You know, an actual choice to be had in there.

I disagree, the rewards are generous already .
Huge disagree on adding stuff like assault knight cores to it.

Malediktus.9250:

Huge disagree on adding stuff like assault knight cores to it.

I don’t see how that is a problem. They are needed for only one skin type really.

Unless you hold specific prestige to them I guess. I gotten all three of them so easily I think It was easily the most easiest to obtain ascended backitem that I made them 3 times. It’s pretty much like a easy-way backitem from my point of view. xD

FrizzFreston.5290:

Malediktus.9250:

Huge disagree on adding stuff like assault knight cores to it.

I don’t see how that is a problem. They are needed for only one skin type really.

Unless you hold specific prestige to them I guess. I gotten all three of them so easily I think It was easily the most easiest to obtain ascended backitem that I made them 3 times. It’s pretty much like a easy-way backitem from my point of view. xD

Not anymore. Mawdrey may have taken over as being the cheapest.

But the good old days! Mystic coins were no problem and other back items were cheaper! You know, when our characters were young. :p