There are more mystic coins being created than are being consumed.
Players can earn at least 48 mystic coins every 28 days with slightly more spending on the number of mystic forge dailies. Unlike before, players also earn 2G from completing their dailies so this means that they can get another two mystic coins per day compared to before. There are also WvW/PvP reward tracks that award mystic clovers as well as the final chest on the 28th day from the login rewards.
There are more mystic coins being created than are being consumed.
Players can earn at least 48 mystic coins every 28 days with slightly more spending on the number of mystic forge dailies. Unlike before, players also earn 2G from completing their dailies so this means that they can get another two mystic coins per day compared to before. There are also WvW/PvP reward tracks that award mystic clovers as well as the final chest on the 28th day from the login rewards.
There is way more Ecto being created than being consumed but its only 30s each, the only people that will be hurt over more coins being introduced are those who have 1000’s of gold and can keep a monopoly, we need more coins put into the game.
Id suggest removing all coins from the market, making them far easier to get in game, and making them account bound, problem solved.
The only way you can justify the high price is if you are in the flipper campaign and are making GGG from a market that does not have enough supply entering it, the reason why they aren’t being consumed is because they cost 1G each or they did last night, and they are linked to recipes that are stupidly RnG based, which is absurd.
Maybe ANet likes the prices and number of supply. This blog is about the HoT economy after expansion launch, but that doesn’t mean their philosophy regarding prices and supply of mystic coins is different.
(Snip) ……..I want to be up front: scarcity is important. For most materials in the game, we’ve reached a nice equilibrium………. I want to promise that we’re paying very close attention and will be looking out for any behavior that we think needs to be addressed……. (snip)
Be careful what you ask for
ANet may give it to you.
There are more mystic coins being created than are being consumed.
Players can earn at least 48 mystic coins every 28 days with slightly more spending on the number of mystic forge dailies. Unlike before, players also earn 2G from completing their dailies so this means that they can get another two mystic coins per day compared to before. There are also WvW/PvP reward tracks that award mystic clovers as well as the final chest on the 28th day from the login rewards.
There is way more Ecto being created than being consumed but its only 30s each, the only people that will be hurt over more coins being introduced are those who have 1000’s of gold and can keep a monopoly, we need more coins put into the game.
Id suggest removing all coins from the market, making them far easier to get in game, and making them account bound, problem solved.
The only way you can justify the high price is if you are in the flipper campaign and are making GGG from a market that does not have enough supply entering it, the reason why they aren’t being consumed is because they cost 1G each or they did last night, and they are linked to recipes that are stupidly RnG based, which is absurd.
Because Ecto creation can be targeted, players are able to satisfy their own demand if they choose to farm them. This keeps prices down.
Because Mystic Coin creation has a game-enforced production gate, players are NOT able to satisfy their own demand which means that while overall production is higher than overall demand, individual production is lower than individual demand for players who want to craft something that needs Mystic Coins. This forces players to participate in the Trading Post which does two important things:
1. Provides high value to items that ALL players have equal access to which helps to eliminate currency possession gaps and
2. Deflates the economy via Trading Post fees.
These are important functions that may not seem fun to the MINORITY of players complaining about the high prices, but they keep the game rewarding for ALL players which is why no matter how many posts crop up about this, you won’t see any changes anytime soon.
So, what would be wrong about adding (any ammount of) mystic coins to the Dialy Completionist rewards?
Why? Mystic coins are only used to create premium skins (and a few guild hall buffs). We each earn about a stack/year just from logging in. If we want more, we can buy all we need on the TP.
The only way you can justify the high price is if you are in the flipper campaign and are making GGG from a market that does not have enough supply entering it, the reason why they aren’t being consumed is because they cost 1G each or they did last night, and they are linked to recipes that are stupidly RnG based, which is absurd.
The high price doesn’t need to be ‘justified’ — it is what your fellow players are willing to pay.
In any case, ‘flippers’ aren’t a ‘campaign’ and aren’t risking gold on m-coins: the price differential between buy & sell is always too little to justify it. It hasn’t been a good market for short-term speculators either, as the price has been mostly holding steady, except during festivals, when people are in a rush for 2-3 weeks to acquire more (for new shinies). Even then, there are far better ways to invest coin
Added: to be clear, I’m not against ANet increasing players’ monthly influx of coins modestly (perhaps once now and once in 6-10 months). I just don’t think it’s necessary, let alone urgent.
John Smith: “you should kill monsters, because killing monsters is awesome.”
I do not want to go back to the days when mystic coins were worth 3s each only.
And in opposition to your opinion are people who don’t want to stay here where MC hover near 1G each. Not everyone will always be satisfied with the price of every item in the game, but that doesn’t mean that people who are upset over the current price shouldn’t voice their opinions on the matter
Some things have to be rarer and more expensive than others, otherwise we’d all have everything and then we’d be bored.
I don’t think anyone is “flipping” them on the TP, simply because the buy-sell spread is not that favourable and anticipating the short term fluctuations is risky. Most likely players get them for logging in, deposit them with everything else and then forget about them. That’s what I used to do until folk started making threads like this one and I realised their value. Now I sell a few here and there when I need the gold.
For some additional perspective: before “Daily Login” replaced “Monthly,” we could get 1 coin/day from Dailies and 20/month from Monthlies or 50 m-coins in a 30-day month. There were no other sources.
These days, we get 20 coins every 28 days from Login Rewards, with the opportunity for additional ones from Mystic Forge dailies (about six per month according to the wiki) and one per day from killing the Ley-Line Anomaly. In other words, 26/month for less work than the previous system and up to 54/month with more effort.
In addition, dailies yield an additional 56 gold per 28-days, also for less effort than the prior system. That’s enough to buy 56 more coins per month.
Putting it all together:
Monthly Reward system: ~50/month for doing five dailies (each day) and four monthlies.
Current system: ~28/month for logging in and doing one daily.
Current system + dailies: ~74/month for logging, doing 3 dailies/day, by setting aside the gold for luxuries.
John Smith: “you should kill monsters, because killing monsters is awesome.”
So, what would be wrong about adding (any ammount of) mystic coins to the Dialy Completionist rewards?
Why? Mystic coins are only used to create premium skins (and a few guild hall buffs). We each earn about a stack/year just from logging in. If we want more, we can buy all we need on the TP.
The only way you can justify the high price is if you are in the flipper campaign and are making GGG from a market that does not have enough supply entering it, the reason why they aren’t being consumed is because they cost 1G each or they did last night, and they are linked to recipes that are stupidly RnG based, which is absurd.
The high price doesn’t need to be ‘justified’ — it is what your fellow players are willing to pay.
In any case, ‘flippers’ aren’t a ‘campaign’ and aren’t risking gold on m-coins: the price differential between buy & sell is always too little to justify it. It hasn’t been a good market for short-term speculators either, as the price has been mostly holding steady, except during festivals, when people are in a rush for 2-3 weeks to acquire more (for new shinies). Even then, there are far better ways to invest coin
Added: to be clear, I’m not against ANet increasing players’ monthly influx of coins modestly (perhaps once now and once in 6-10 months). I just don’t think it’s necessary, let alone urgent.
When Wintersday started, the supply of mystic coins in the TP suddenly dropped, and the price went up to over 1g each. https://www.gw2tp.com/item/19976-mystic-coin From the looks of things on December 13 the supply went from over 20k to under 6k. Though, it looks like the supply is back up over 10k. That means in a matter of hours, well over half the mystic coins in the TP were gone either from being sold or just being removed. Granted, the Winter’s Presence shoulder skin requires a total of 150 mystic coins, which could explain the sudden drop.
I got the Winter’s Presence shoulder skin last year, but I’m still working on Nightfury. With less than 40 mystic coins right now, it’s going to be a long time before I can ever complete it due to there being not reliable way to get them as well as the supply going down and prices going up. At 1g each if I were to buy all the coins I needed it would cost me 2,500 gold just for that alone. That’s close to or more than a legendary, and it’s just 1 type of item needed to craft the ascended shoulders.
Nightfury is a premium skin that includes ascended armor when you create it. Folks who just want ascended gear don’t need any mystic coins. Regardless of whether you consider Nightfury as a skin or not doesn’t change the essential fact: mystic coins are only needed for luxuries in our personal gear (plus the aforementioned guild upgrades). We don’t need them; we just want them.
John Smith: “you should kill monsters, because killing monsters is awesome.”
There are more mystic coins being created than are being consumed.
Players can earn at least 48 mystic coins every 28 days with slightly more spending on the number of mystic forge dailies. Unlike before, players also earn 2G from completing their dailies so this means that they can get another two mystic coins per day compared to before. There are also WvW/PvP reward tracks that award mystic clovers as well as the final chest on the 28th day from the login rewards.
Mystic clovers are one thing, i wish they added mystic coins to those reward track as well. People use mystic coins for things other then just legendaries.
I’m pretty sure before i collected alot more mystic coins and didn’t need them as much and now seems harder to get and need alot more.
PvE easiest way to get coins. WvW middle of the road. PvP hardest way to collect coins.
adding mystic coins to those reward track paths would help
2 coins per path plus 2clovers final chests, sound like an Anet thing to do.
Though it wouldn’t help this PvE’er all that much better then the way it is now though
Yo, Ho, all together, raise the colors high,
Yo, Ho, thieves and beggars, never shall we die
So, what would be wrong about adding (any ammount of) mystic coins to the Dialy Completionist rewards?
Why? Mystic coins are only used to create premium skins (and a few guild hall buffs). We each earn about a stack/year just from logging in. If we want more, we can buy all we need on the TP.
The only way you can justify the high price is if you are in the flipper campaign and are making GGG from a market that does not have enough supply entering it, the reason why they aren’t being consumed is because they cost 1G each or they did last night, and they are linked to recipes that are stupidly RnG based, which is absurd.
The high price doesn’t need to be ‘justified’ — it is what your fellow players are willing to pay.
In any case, ‘flippers’ aren’t a ‘campaign’ and aren’t risking gold on m-coins: the price differential between buy & sell is always too little to justify it. It hasn’t been a good market for short-term speculators either, as the price has been mostly holding steady, except during festivals, when people are in a rush for 2-3 weeks to acquire more (for new shinies). Even then, there are far better ways to invest coin
Added: to be clear, I’m not against ANet increasing players’ monthly influx of coins modestly (perhaps once now and once in 6-10 months). I just don’t think it’s necessary, let alone urgent.
When Wintersday started, the supply of mystic coins in the TP suddenly dropped, and the price went up to over 1g each. https://www.gw2tp.com/item/19976-mystic-coin From the looks of things on December 13 the supply went from over 20k to under 6k. Though, it looks like the supply is back up over 10k. That means in a matter of hours, well over half the mystic coins in the TP were gone either from being sold or just being removed. Granted, the Winter’s Presence shoulder skin requires a total of 150 mystic coins, which could explain the sudden drop.
I got the Winter’s Presence shoulder skin last year, but I’m still working on Nightfury. With less than 40 mystic coins right now, it’s going to be a long time before I can ever complete it due to there being not reliable way to get them as well as the supply going down and prices going up. At 1g each if I were to buy all the coins I needed it would cost me 2,500 gold just for that alone. That’s close to or more than a legendary, and it’s just 1 type of item needed to craft the ascended shoulders.
If Nightfury requires 250 Mystic Coins, why would it cost you 2,500 Gold at 1 Gold per Mystic Coin? Is there a reason you would be paying 10 Gold per Coin?
