Rampant inflation?

Rampant inflation?

in Guild Wars 2 Discussion

Posted by: smug.3895

smug.3895

About 2 weeks ago, I found a level 74 exotic item. I was going to save it for the mystic forge, and as I was running low on storage space, I put it on the Trading Post for roughly 3 times the lowest selling price. I checked the TP today, and guess what, it sold. I am guessing that this was the best current price.

3 times in 2 weeks? Is this a trend everyone else has been seeing or did my particular item get suddenly popular?

If the value of gold is decreasing daily, maybe I should just start hoarding items.

Rampant inflation?

in Guild Wars 2 Discussion

Posted by: Ryuujin.8236

Ryuujin.8236

It’s not inflation persay, the market is a complex place. 2 weeks ago we had the karka event and that flooded the market with cheap exotics, which have now more or less returned to equilibrium

Furthermore the whole exotic/rare/ecto/T5/T6 markets are very closely linked and their prices have been rising steadily in the aftermath of the bots that plagued the server, not due to inflation of gold, but a lack of supply Vs demand so it’s more of a redistribution of gold than an inherent change in it’s value.

Alternatively you could ask the scare mongers as opposed to the traders and they’ll tell you the economy is about to implode, arenanet is manipulating it to drive away their own player base, and by next week we’ll all be slaves to the communists

The Ashwalker – Ranger
Garnished Toast

(edited by Ryuujin.8236)