Guild Wars 2

OliverT.9021:

Let me put it in another way…

CoF p1 netts you 5g an hour.

How are you able to nett 5g an hour if you run around Orr to make it worth your time? Because earning anything less than 5g an hour, you might as well go back to CoF p1.

The answer is, the price of the loot you get increases to a point where they become worth 5g in total.

Which means that the price of the materials you get from Orr, has to rise to a point where it becomes equally rewarding as running CoF p1, not because ArenaNet made it to be so, but because of price increase.

When that happens, arbitrage is said to have taken place because that is the point where supply will come back and demand will normalize.

While I agree with your overall premise, I also think it’s more complex than that.

First, you can’t farm CoF solo. You can solo farm in Orr. This makes Orr more accessible.

Secondly, arbitrage only happens when there are two separate marketplaces. What you’re talking about is equilibrium prices, assuming that prices are set based on the value of the labor (in this case the opportunity costs of doing other things) it takes to produce a product. This was one of the biggest arguments in economics about 100 years ago, and demonstrably untrue. Just because something is expensive to make doesn’t mean it’s worth more money. What makes it worth more money is demand. Cost of labor provides a price floor, but since there’s no risk of going “out of business” in GW2 that price floor is not that strong.

Finally, farming CoF is only a viable alternative if you know about it and actually want to do that. Many players either do not know that it is more profitable to farm CoF, or do not know how much more profitable it is. Many other players (myself included) may just despise doing the dungeon and refuse no matter what.

So, it isn’t as simple as choosing between farming CoF and farming Orr. There are qualitative differences between these two methods of gaining wealth that make such a stark comparison misleading. This doesn’t even touch on the fact that CoF is largely a gold faucet, while Orr is largely a material faucet. Also I’m not discussing the messy relationship between price and demand, which is seldom linear or even knowable.

I do agree that, if ANet doesn’t do anything odd, that Crystalline Dust will probably increase more in price and probably stay there for quite some time. Demand for it is just too high for it not to. Think about it like this. If Crystalline Dust goes to 40s each someone will probably still buy it. If it goes to 50s, the same holds true. I’d imagine it could go as high as 99s and still sell (if slowly). That tells me that the market isn’t through shifting, and we’ll just have to wait for the prices to get high enough for people who have been hoarding the material to sell off their backstock.

EXireXs.3602:

Vayne.8563:

morrolan.9608:

Vayne.8563:

This is a question asked in a vacuum. The bots obviously lowered the price tremendously, and as a result, they were artificially priced too low. They went up to roughly normal price.

Normal price according to what? Priced too low according to what? This is not a market economy, its a virtual economy that is subject to the whims of anet aka God.

Yep. You hit the nail on the head. Anet has a price range that lets them know if prices are too inflated or normal. You don’t get to know normal and I don’t either. They do. That’s fine.

They hired an economist and you can bet he watches stuff like that. If something goes “too high” it’ll flag some kind of action. The action will take a while, but it’ll get fixed BECAUSE it’s a game and not real life.

OFC dust price should be the lowest of all actually. Lets see…
Vial of Powerful Blood=
50 Vial of Potent Blood
1 Vial of Powerful Blood
5 Philosopher’s Stone
5 Pile of Crystalline Dust
Powerful Venom Sac=
50 Potent Venom Sac
1 Powerful Venom Sac
5 Philosopher’s Stone
5 Pile of Crystalline Dust
Elaborate Totem=
50 Intricate Totem
1 Elaborate Totem
5 Philosopher’s Stone
5 Pile of Crystalline Dust
and others

Logically speaking, Dust should be have the LOWEST price since it’s used a lot. Anet themselves designed it to have to lowest price it’s common sense. Being cheated in real life is just as painful as being cheated in game. AND even if it’s only a “virtual” economy, its still economy. It’s a very sensitive topic to people.

Actually most people who play MMOs don’t know about or think about the economy at all, just as most don’t post on or read forums. Only a small percentage of people think about the economy. Some of them abuse the flaws in the economy to get rich, and I’m pretty sure they’re not complaining.

Very very few people are sensitive about the economy in an MMO. Real life is a different matter.

bri.2359:

AndrewSX.3794:

Palu.3405:

Hopefully the price of dust will fall once people stop farming Southsun and return to Orr

It won’t.

Because even if all the farmers get back to Orr, events have been nerfed to the ground.

They spawn more rarely

This^

I was in penit/shelter last Sat., and over the course of 1hr only these spawned
escort the historian – 2
defend shelter – 1
defend penitent – 1
Jofast wp was constantly open because risen were not attacking the base.

The lack of events was so noticeable I took to making note of what was going on (in this, what was not going on …). Just a few weeks ago, you would have had such constant event spawning you couldn’t keep up with it all.

The frightening thing is, I doubt Anet will change penit/shelter/jofast back to the way it was before the Southsun Living Story content appeared.

Now, the only reason to go to Cursed Shore and Malchor’s Leap is to harvest the omnom, ori and sapling nodes, then leave. If anything, T6 dust will become more scarce over time because no one will stay, or go back, to do what few events there are.

Or the prices of dust will be so high that people see money in the farms again. Both things could happen.

I need 500 crystalline dust to finish my bifrost, but i’ll wait for a price drop.
Hope, arenanet increases its drop ratio to balance its price to other t6 mats.

aspirine.6852:

Or the prices of dust will be so high that people see money in the farms again. Both things could happen.

I wouldn’t say as much seeing money in the farm, as in seeing money in doing stuff around Orr. Which may be part and parcel of Anet’s thought process: Stop bot farms and give players reasons to go back to Orr. Win-win.

[quote=2159008;aspirine.6852:

Or the prices of dust will be so high that people see money in the farms again. Both things could happen.

[/quote]

You cannot farm something that is not there …

Fewer events means fewer mobs, means fewer drops, means less T6 dust.

bri.2359:

You cannot farm something that is not there …

Fewer events means fewer mobs, means fewer drops, means less T6 dust.

If the price climbs high enough people will just go to Orr to kill random mobs and farm it this way. I see people seeking lodestones in a similar desperate way right now.

Though when Underworld hit its lowest on dust supply I saw the price being kept artificially low. 38000 orders for 34 or less, 400 available ones for 36 or so. Every single seller also was attempting to sell as close as possible in price to the other one instead of trying to rightfully raise the price (which is happening with low level whites/ blues, due to the salvage being on the monthly yet again), therefore chances are that even if there was close to none the price would remain stable.

Actually a few friends and I enjoyed farming dust and it wasn’t just union. Several hundred dust a day was possible between the two of us. Now, that just can’t be done. I’d easily do this over running a horrible dungeon over and over and over.

It has nothing to do with people using it, nothing to do with the recipes or demand for the item and everything to do with the supply being cut off artificially.

And yes the intent is to extend the amount of time it takes to reach a goal in the game. It’s so obvious you’d have to be trying not to notice it.

Mirta.5029:

If the price climbs high enough people will just go to Orr to kill random mobs and farm it this way. I see people seeking lodestones in a similar desperate way right now.

T6 dust would need to reach onyx or charged lodestone prices for this to take place.

bri.2359:

T6 dust would need to reach onyx or charged lodestone prices for this to take place.

yup, but what would happen if we were deprived of supply for a very long time?

darkace.8925:

Hickeroar.9734:

Vol.5241:

Hickeroar.9734:

Well, hopefully around the time Dust hits 1g/per, Anet will realize they’ve screwed up.

Sitting on 300 dusts

/licks fingers

It’s really the same thing that goes on with Charged Cores/Lodestones. They’re not all that rare…it’s just that they’re used in SO MANY THINGS. ANet really needs to balance out the supply of things like this.

As someone who is stockpiling the fairly-easy-to-obtain Omnomberries for Kudzu, I feel a great deal of sympathy for those who have to go the loadstone route for their Legendary-specific gifts.

Quip needs Box’s of Fun el oh el.

Don’t expect dust price to drop back down to 25.

How did the price reach this level?

They nerfed both union farming AND shelt/pen timers.

The only way to bring this back is to bring either or both back. And I just don’t see that happening.

Vol.5241:

Don’t expect dust price to drop back down to 25.

How did the price reach this level?

They nerfed both union farming AND shelt/pen timers.

The only way to bring this back is to bring either or both back. And I just don’t see that happening.

They can also increase the drop rate to mobs that have it in their loot table &/or to the rate of its occurrence in moldy bags, or add the T6 dust to the loot tables of other lvl 80 mobs. There are a lot of things Anet can do to mitigate the damage. The real question is, ‘will they do anything about it?’

Silentsins.3726:

Infernia.9847:

The more people that give up on farming mats equates to the supply of T6 mats shrinking and the prices increasing.
It’s easy to say: “Don’t farm the mats just farm the gold and buy them” but unlike buying gems and exchanging for gold, mats don’t appear from thin air. They are obtained by completing activities in the game that less and less people do because of the poor return for their time.
Someone has to farm them or supply will become negligent. Also more people simply farming for gold means that prices on popular items will rise due to the fact that a large majority can afford the higher prices and are willing to pay them.

Mmmm hmmm…

One would think that shifts in the market such as these would begin to benefit those with limitless time and energy to farm mats endlessly, such as bots. Most of the competition for these spots would be gone too.

Oh, the irony…

Yep we’re looking at a full on Economic Shortage on our hands. The laws of supply and demand be a harsh mistress. I’m wondering what they’ll do next when they learn the prices of the items they’ve nerfed.

I’m planning on watching these things. Some of them have jumped up just from the farming nerfs as it is. And no none of the typical tr….ahem people that come on here equating farmers to gold sellers will matter once I show just how bad the prices are getting.

You know I have to say many of us tried to tell you guys this was happening back in November and onward to today. Everyone poopooed the idea that Anet would ever ever keep people from playing this way or keep people from acquiring gold for the use in game for the purposes of getting more gem purchases and here we are with weekly nerfs. smh when will people learn?

Seeing this company chase away their own customer’s is quite funny to watch actually.

I hope they keep doing this.

Infernia.9847:

Vol.5241:

Don’t expect dust price to drop back down to 25.

How did the price reach this level?

They nerfed both union farming AND shelt/pen timers.

The only way to bring this back is to bring either or both back. And I just don’t see that happening.

They can also increase the drop rate to mobs that have it in their loot table &/or to the rate of its occurrence in moldy bags, or add the T6 dust to the loot tables of other lvl 80 mobs. There are a lot of things Anet can do to mitigate the damage. The real question is, ‘will they do anything about it?’

AFAIK dust drops from spiders, wraiths and ghosts.

Spiders are hard to find in cursed/malchor, and they also nerfed those spiderlings. Wraiths are very few and spaced out. Ghosts are in WvW and aren’t guaranteed to drop T6.

Moldy bag rate can increase, sure. But even if they do so, there are just not enough mobs/events to go around in cursed shore for it to rebound back to the 25s levels.

I can just imagine what’s happening in Arenanet’s office. On one hand, content designers and Colin wants to make loot as difficult as possible to get so that people are enticed to buy gems.

While John Smith is going nuts on not being able to adjust an item because the designers/Colin says not to.

I’m gonna be holding on to my stack of dusts (not like I need the gold) for at least a few more weeks. Just looking at how Arenanet is operating the past few months, they are nerfing farming, not aiding it. I think the price is going to go up quite a bit over the next few weeks.

Calae.1738:

Seeing this company chase away their own customer’s is quite funny to watch actually.

I hope they keep doing this.

I do to, I like playing with a lot of these players and I hope to see a lot of them on ESO.

bri.2359:

I was in penit/shelter last Sat., and over the course of 1hr only these spawned
escort the historian – 2
defend shelter – 1
defend penitent – 1
Jofast wp was constantly open because risen were not attacking the base.

The lack of events was so noticeable I took to making note of what was going on (in this, what was not going on …). Just a few weeks ago, you would have had such constant event spawning you couldn’t keep up with it all.

The frightening thing is, I doubt Anet will change penit/shelter/jofast back to the way it was before the Southsun Living Story content appeared.

Now, the only reason to go to Cursed Shore and Malchor’s Leap is to harvest the omnom, ori and sapling nodes, then leave. If anything, T6 dust will become more scarce over time because no one will stay, or go back, to do what few events there are.

I def noticed the decrease is respawn time for the camps. I’ve been trying to farm Orr since I don’t like how overcrowded Southsun is. I’m not sure which update this was in, but it was recent. They were probably the biggest farm in Cursed Shore. I’m not sure why they nerfed those camps.. you couldn’t bot them, you played it with other people, and required some level of paying attention to the game. Seems like a shame to me.

AlietteFaye.7316:

Just because it’s used a lot, doesn’t mean it should have the lowest cost. If it’s rarity is the same as the other T6 mats, and it’s used more, logically it should actually cost more.

Logically. Too bad logic isn’t something that’s used in many of these “ArenaNet is the devil” threads.

AlietteFaye.7316:

Just because it’s used a lot, doesn’t mean it should have the lowest cost. If it’s rarity is the same as the other T6 mats, and it’s used more, logically it should actually cost more.

I think the point (perhaps not originally stated very clearly) is that if it’s used in so many recipes, it should be less of a rare drop. That has a common sense logic. Sugar is called for in most cookie recipes and doesn’t cost $100. If it did, no one would make cookies. Anet is giving us these little potion recipes and then asking for a very expensive resource to make them.

As I have recently run out of my own supply of t6 dust this thread caught my eye. I have not farmed too extensively anywhere but I do have a simple question.

Sure the stationary location farming spots have been nerfed to be less effective than before, but can you not just farm the zone by moving around and still loot the dusts?

I see outrage because of a “spot” or two are not worth it anymore, but I can’t believe that dust is completely unobtainable anymore unless those spots become active again.

CMF.5461:

As I have recently run out of my own supply of t6 dust this thread caught my eye. I have not farmed too extensively anywhere but I do have a simple question.

Sure the stationary location farming spots have been nerfed to be less effective than before, but can you not just farm the zone by moving around and still loot the dusts?

I see outrage because of a “spot” or two are not worth it anymore, but I can’t believe that dust is completely unobtainable anymore unless those spots become active again.

That could be the root of it; people getting upset that their easy button was removed. I’m not saying they don’t have a case, I don’t know. I do know there’s a lot of histrionics on this board, and most of it stems from an extreme level of of shortsightedness.

It was slow because of how spaced they were, but I was killing mobs (and not really farming, just playing with a new build) near Lyssa’s Temple and I was averaging a drop ofT6 dust per three or four kills.

OliverT.9021:

OliverT.9021:

OliverT.9021:

OliverT.9021:

For record keeping, currently T6 dust is buying at 32s 20c a piece and selling for 35s 89c a piece.

OliverT.9021:

One day later…

T6 dust is buying at 34s 28c a piece and selling for 36s 20c a piece today as at 8:38am on 30th May 2013.

OliverT.9021:

There’s a bit more dust supply today, though it’s nothing to shout about. It’s about 2 Bifrosts worth.

T6 dust supply – 1,488 as at 9.22am 31st May 2013.

T6 dust prices continues to climb though.

Buying at 35s 68c vs selling at 36s 74c.

3.07pm 3rd June 2013, T6 dust is selling for 39s 22c and buying for 36s 2c with total supply 1,409 pieces.

4.11pm 4th June 2013, T6 dust is selling for 37s 45c and buying for 36s 80c with total supply being 2,225 pieces.

11.20am 5th June 2013, T6 dust is selling for 39s 99c and buying for 37s 11c with total supply being 2,305 pieces.

Last 6 day buying prices from record keeping -

1. 32s 20c
2. 34s 28c +2s
3. 35s 68c +1s
4. 36s 2c +0.5s
5. 36s 80c +0.7s
6. 37s 11c +0.3s.

While the price increase is depressing, the saving grace of it all is that there is still some supply…

There’s more supply today. At least a decent amount to go around.

Total supply available on the TP = 4,966 pieces
Buying price = 36s 96c
Selling price = 36s 98c

Recorded on 10:02am 6th June 2013.

OliverT.9021:

There’s more supply today. At least a decent amount to go around.

Total supply available on the TP = 4,966 pieces
Buying price = 36s 96c
Selling price = 36s 98c

Recorded on 10:02am 6th June 2013.

Speculators eventually have to drop their hoarded supplies in order to make money. There never was a crisis, just a lot of people sitting on thousands of units, waiting for the price to go up.

OliverT.9021:

There’s more supply today. At least a decent amount to go around.

Total supply available on the TP = 4,966 pieces
Buying price = 36s 96c
Selling price = 36s 98c

Recorded on 10:02am 6th June 2013.

Anecdotal, but there seemed to be a decent number of bodies around the Straits, Leap, and Shore this evening on TC.

No more instigators and rising cost of dust drawing suppliers back to Orr, and now it starts. Let’s see where it goes.

OliverT.9021:

OliverT.9021:

OliverT.9021:

OliverT.9021:

OliverT.9021:

For record keeping, currently T6 dust is buying at 32s 20c a piece and selling for 35s 89c a piece.

OliverT.9021:

One day later…

T6 dust is buying at 34s 28c a piece and selling for 36s 20c a piece today as at 8:38am on 30th May 2013.

OliverT.9021:

There’s a bit more dust supply today, though it’s nothing to shout about. It’s about 2 Bifrosts worth.

T6 dust supply – 1,488 as at 9.22am 31st May 2013.

T6 dust prices continues to climb though.

Buying at 35s 68c vs selling at 36s 74c.

3.07pm 3rd June 2013, T6 dust is selling for 39s 22c and buying for 36s 2c with total supply 1,409 pieces.

4.11pm 4th June 2013, T6 dust is selling for 37s 45c and buying for 36s 80c with total supply being 2,225 pieces.

11.20am 5th June 2013, T6 dust is selling for 39s 99c and buying for 37s 11c with total supply being 2,305 pieces.

Last 6 day buying prices from record keeping -

1. 32s 20c
2. 34s 28c +2s
3. 35s 68c +1s
4. 36s 2c +0.5s
5. 36s 80c +0.7s
6. 37s 11c +0.3s.

While the price increase is depressing, the saving grace of it all is that there is still some supply…

There’s more supply today. At least a decent amount to go around.

Total supply available on the TP = 4,966 pieces
Buying price = 36s 96c
Selling price = 36s 98c

Recorded on 10:02am 6th June 2013.

I hate that you are in the future… 10:48PM 5 June 2013 EST. I feel behind.

Geotherma.2395:

OliverT.9021:

Recorded on 10:02am 6th June 2013.

I hate that you are in the future… 10:48PM 5 June 2013 EST. I feel behind.

Imagine how you’d feel if you lived on the west coast. It’s barely sunset there.

tolunart.2095:

Geotherma.2395:

OliverT.9021:

Recorded on 10:02am 6th June 2013.

I hate that you are in the future… 10:48PM 5 June 2013 EST. I feel behind.

Imagine how you’d feel if you lived on the west coast. It’s barely sunset there.

Lol I have a theory, the “future people” are manipulating the supply. They know whats going to happen before it happens o.o :P

Geotherma.2395:

tolunart.2095:

Geotherma.2395:

OliverT.9021:

Recorded on 10:02am 6th June 2013.

I hate that you are in the future… 10:48PM 5 June 2013 EST. I feel behind.

Imagine how you’d feel if you lived on the west coast. It’s barely sunset there.

Lol I have a theory, the “future people” are manipulating the supply. They know whats going to happen before it happens o.o :P

Somebody pls call Dr. Walter Bishop!

phaneo.4597:

Geotherma.2395:

tolunart.2095:

Geotherma.2395:

OliverT.9021:

Recorded on 10:02am 6th June 2013.

I hate that you are in the future… 10:48PM 5 June 2013 EST. I feel behind.

Imagine how you’d feel if you lived on the west coast. It’s barely sunset there.

Lol I have a theory, the “future people” are manipulating the supply. They know whats going to happen before it happens o.o :P

Somebody pls call Dr. Walter Bishop!

Don’t worry, we have a Doctor on call.

use laurels from daily and monthly and buy the heavy crafting material bags. Sell all mats except T6 dust and then buy more T6 dust from TP.
Or you can get a ton of T5 dust and upgrade those?

Uruz Six.6594:

Don’t worry, we have a Doctor on call.

Who is it?

Calae.1738:

Seeing this company chase away their own customer’s is quite funny to watch actually.

I hope they keep doing this.

They’re chasing away the hard core farmers who complain on every forum in every game. If they all left, it wouldn’t substantially make that much of a difference. There aren’t as many of them as you seem to think.

Vayne.8563:

They’re chasing away the hard core farmers who complain on every forum in every game. If they all left, it wouldn’t substantially make that much of a difference. There aren’t as many of them as you seem to think.

How do you know its just hardcore farmers complaining?

Swimsasa Stoon.8936:

use laurels from daily and monthly and buy the heavy crafting material bags. Sell all mats except T6 dust and then buy more T6 dust from TP.
Or you can get a ton of T5 dust and upgrade those?

The receipe for upgrading T5 dust into T6 is as below -

1 Crystalline dust + 250 incandescent dust + 5 Philosopher’s Stone + 5 Crystals

1 Crystalline dust = 37s 98c
250 Incandescent dust @ 2s 74c each = 685s

Total cost = 37s 98c + 685s = 722s 98c

If you take the total cost of 722s 98c and divide it by the Crystalline dust price of 37s 98c, you would get 19.03.

This means that if your upgrade yields more than 19 pieces of Crystalline dust, congratulations, you made a profit (then again, skill points were assumed to be worth 0)

If you get less than 19 pieces of Crystalline dust, it means that you would be better off selling the T5 dust, and using the proceeds to fund the equivalent worth of your T6. On top of that, you have completely wasted your skill points in the form of crystals and stones.

So… did you get more than 19 pieces using the upgrade receipe?

Ultimately, the topic is about tackling the problem of supply of this particular tier of dust in general and not for myself specifically. While using laurels to get the T6 mats, and then selling off those you don’t need/want to buy T6 dust from the auction house is feasible to a certain extent, it returns back to the issue this topic has raised.

What happens when the trading post is the one that runs out of T6 dust?

morrolan.9608:

Vayne.8563:

They’re chasing away the hard core farmers who complain on every forum in every game. If they all left, it wouldn’t substantially make that much of a difference. There aren’t as many of them as you seem to think.

How do you know its just hardcore farmers complaining?

Because if you’re not hard core, how vested in it would you be to worry about it? Hard-core farmers by definition would be the ones complaining. They’re the ones that have a real stake in farming. People who farm casually, there are a bunch in my guild, aren’t vested enough to scream at the forums.

OliverT.9021:

What happens when the trading post is the one that runs out of T6 dust?

The system generally regulates itself – you have mistaken artificial scarcity caused by speculators with a real shortage of materials. Because these materials are virtual and not real, they cannot actually “run out.” But speculators buying up the cheaper offerings and sitting on them for later resale at a much higher rate can cause a temporary shortage in available mats for other uses.

The only ones truly affected are the impatient, and those who think that an available supply of 500 units means that there are only 500 units in the entire game world.

bri.2359:

morrolan.9608:

Vayne.8563:

They’re chasing away the hard core farmers who complain on every forum in every game. If they all left, it wouldn’t substantially make that much of a difference. There aren’t as many of them as you seem to think.

How do you know its just hardcore farmers complaining?

You must have missed the memo …

Our Vayne knows everything about this game and every other game, including every single aspect of the gaming industry, since the beginning of time. He knows more than than all the game developers and publishers put together.

Oh, and if for some reason a tiny piece escapes his all knowing gaze, he makes it up as he goes. But that is ok, because he is so right so many times, and so many agree with his every word, that it becomes fact and true.

We are so fortunate to have such an enlightened resource gracing every thread in this forum. Anet must be thankful because they have no need to post when Vayne is around. He is like a dev and moderator all rolled into one, telling us how it is and how to play the game.

Be thankful for his presence, and now bow down to his superiority, for you are a mere minion before Vayne, and you have dared to question his knowledge ..

If you mean that some people agree with me..you’re quite right. If you believe they agree with me because they don’t have minds of their own, you’re most definitely wrong.

I moderated a forum before this one, and only when I left did I start posting here. Many of the people who agree with me were here before me, posting much of the same stuff. I’m actually the newcomer compared to many of them, because I didn’t have time to post here and on the other forum.

So why insult people who were already saying the stuff I am saying, by implying they don’t have a mind of their own.

I don’t know everything about anything, but that doesn’t mean I’m not right a good portion of the time. In the case of dust, we can wait a few weeks and see. It’s not really that hard.

OliverT.9021:

OliverT.9021:

OliverT.9021:

OliverT.9021:

OliverT.9021:

For record keeping, currently T6 dust is buying at 32s 20c a piece and selling for 35s 89c a piece.

OliverT.9021:

One day later…

T6 dust is buying at 34s 28c a piece and selling for 36s 20c a piece today as at 8:38am on 30th May 2013.

OliverT.9021:

There’s a bit more dust supply today, though it’s nothing to shout about. It’s about 2 Bifrosts worth.

T6 dust supply – 1,488 as at 9.22am 31st May 2013.

T6 dust prices continues to climb though.

Buying at 35s 68c vs selling at 36s 74c.

3.07pm 3rd June 2013, T6 dust is selling for 39s 22c and buying for 36s 2c with total supply 1,409 pieces.

4.11pm 4th June 2013, T6 dust is selling for 37s 45c and buying for 36s 80c with total supply being 2,225 pieces.

11.20am 5th June 2013, T6 dust is selling for 39s 99c and buying for 37s 11c with total supply being 2,305 pieces.

Last 6 day buying prices from record keeping -

1. 32s 20c
2. 34s 28c +2s
3. 35s 68c +1s
4. 36s 2c +0.5s
5. 36s 80c +0.7s
6. 37s 11c +0.3s.

While the price increase is depressing, the saving grace of it all is that there is still some supply…

There’s more supply today. At least a decent amount to go around.

Total supply available on the TP = 4,966 pieces
Buying price = 36s 96c
Selling price = 36s 98c

Recorded on 10:02am 6th June 2013.

Supply remains quite decent today also, but the real test will come on the weekend.

Total supply available on the TP = 4,663 pieces
Buying price = 37s 37c
Selling price = 40s 86c

Recorded on 5:30pm 7th June 2013.

Might have to change the topic to T6 Dust PRICE crisis. Hahaha.

These drop rarely. In addition, I recently opened a truckload of every heavy bag (moldy etc) out there test the droprate of dust, which has become atrocious. In other words, no, it’s not just a price crisis. If this dropped enough the price would (and should) plummet.

(Edit: and 4k dust is nothing for a mat that everyone and their mother uses on an hourly basis (oil/sharpening stones) and is used in every important other recipe)

tolunart.2095:

OliverT.9021:

What happens when the trading post is the one that runs out of T6 dust?

The system generally regulates itself – you have mistaken artificial scarcity caused by speculators with a real shortage of materials. Because these materials are virtual and not real, they cannot actually “run out.” But speculators buying up the cheaper offerings and sitting on them for later resale at a much higher rate can cause a temporary shortage in available mats for other uses.

The only ones truly affected are the impatient, and those who think that an available supply of 500 units means that there are only 500 units in the entire game world.

I understand the logic behind the argument that these materials are virtual and therefore cannot so called “run out”. However, if you remember a previous example, the exotic staff “Final Rest” was also a virtual item, and 7 months into the game, it could not be found.

I’m sure most of us who followed the Final Rest debacle fondly remember how Anet says it’s a rare drop and that’s why it’s not found yet. Lo and behold, one shady patch later, Final Rest started dropping like nobody’s business.

Whether this tier of dust is indeed being hoarded by people who wants to sell it for a higher price, or whether they are hoarding it now because they need to use it later and don’t want to risk paying higher prices later remains to be seen.

Either way, the game on its own, I’m sure we would agree to this, is that the amount of dust that drops and the percentage of that amount that goes into the auction house for sale, is not sufficient to make up for the demand.

In other words, we are virtually going into negative supply flow at the rate it is being used than the rate it is being “created”, so to speak.

OliverT.9021:

tolunart.2095:

OliverT.9021:

What happens when the trading post is the one that runs out of T6 dust?

The system generally regulates itself – you have mistaken artificial scarcity caused by speculators with a real shortage of materials. Because these materials are virtual and not real, they cannot actually “run out.” But speculators buying up the cheaper offerings and sitting on them for later resale at a much higher rate can cause a temporary shortage in available mats for other uses.

The only ones truly affected are the impatient, and those who think that an available supply of 500 units means that there are only 500 units in the entire game world.

I understand the logic behind the argument that these materials are virtual and therefore cannot so called “run out”. However, if you remember a previous example, the exotic staff “Final Rest” was also a virtual item, and 7 months into the game, it could not be found.

I’m sure most of us who followed the Final Rest debacle fondly remember how Anet says it’s a rare drop and that’s why it’s not found yet. Lo and behold, one shady patch later, Final Rest started dropping like nobody’s business.

Whether this tier of dust is indeed being hoarded by people who wants to sell it for a higher price, or whether they are hoarding it now because they need to use it later and don’t want to risk paying higher prices later remains to be seen.

Either way, the game on its own, I’m sure we would agree to this, is that the amount of dust that drops and the percentage of that amount that goes into the auction house for sale, is not sufficient to make up for the demand.

In other words, we are virtually going into negative supply flow at the rate it is being used than the rate it is being “created”, so to speak.

Exactly, anet has nerfed it’s droprate and this is what we get. They control everything, whoever says otherwise is just silly.

Vayne.8563:

morrolan.9608:

Vayne.8563:

They’re chasing away the hard core farmers who complain on every forum in every game. If they all left, it wouldn’t substantially make that much of a difference. There aren’t as many of them as you seem to think.

How do you know its just hardcore farmers complaining?

Because if you’re not hard core, how vested in it would you be to worry about it? Hard-core farmers by definition would be the ones complaining. They’re the ones that have a real stake in farming. People who farm casually, there are a bunch in my guild, aren’t vested enough to scream at the forums.

If a player is not a “hardcore” farmer and they happen to need “insert mat here” and they find that “insert mat here” is both exceptionally expensive and a pain in the kitten to actually loot due to a round of nerfs. They will rightly wonder what is going on.

When that player also realises that “insert mat here” is needed/used for a variety of different things, well then said player may feel inclined to comment about that situation on the games forums amazingly enough.

Fenrir.3609:

Vayne.8563:

morrolan.9608:

Vayne.8563:

They’re chasing away the hard core farmers who complain on every forum in every game. If they all left, it wouldn’t substantially make that much of a difference. There aren’t as many of them as you seem to think.

How do you know its just hardcore farmers complaining?

Because if you’re not hard core, how vested in it would you be to worry about it? Hard-core farmers by definition would be the ones complaining. They’re the ones that have a real stake in farming. People who farm casually, there are a bunch in my guild, aren’t vested enough to scream at the forums.

If a player is not a “hardcore” farmer and they happen to need “insert mat here” and they find that “insert mat here” is both exceptionally expensive and a pain in the kitten to actually loot due to a round of nerfs. They will rightly wonder what is going on.

When that player also realises that “insert mat here” is needed/used for a variety of different things, well then said player may feel inclined to comment about that situation on the games forums amazingly enough.

Again, what part of long term goal are you having understanding. If anyone could stand around for a couple of days, a week and farm each item they needed, everyone would have a legendary in a month or two. This is clearly not Anet’s intention.

Legendaries, the goal that ever grows longer, day by day, nerf by nerf.

Can you please let anet take a stand for once, rather than speaking for them, I know the pay is naic but fo real.

Vayne.8563:

Again, what part of long term goal are you having understanding. If anyone could stand around for a couple of days, a week and farm each item they needed, everyone would have a legendary in a month or two. This is clearly not Anet’s intention.

You didn’t directly respond to the point I made at all (no surprises there). The notion that only hardcore farmers would complain about a change in drop rates and a subsequent rise in mat prices is utter garbage.

I have no problem understanding the concept of a “long term goal”, it has kitten all to do with what I broached but thanks for asking anyway I guess.

Vayne.8563:

Calae.1738:

Seeing this company chase away their own customer’s is quite funny to watch actually.

I hope they keep doing this.

They’re chasing away the hard core farmers who complain on every forum in every game. If they all left, it wouldn’t substantially make that much of a difference. There aren’t as many of them as you seem to think.

What about the players who complain about wanting permanent content, they aren’t “hard core farmers” yet they seem to be chasing them away to. I don’t think you have a clue about what you are talking about. You don’t know what other players want or don’t want, and you don’t know what Anet’s intentions are so don’t act like you do, you’re just blowing a bunch of hot air at all of us and so what if you’re anti-farming, good for you, then say what ya have to say and leave it at that.

And as far as farmers in the game, I would think that anyone who plans on going for a Legendary, at any point in game, would have to be called a farmer, of some type, because they farm either the mats for the gifts, or the gold to acquire the mats for the gifts.

Rama.6439:

Vayne.8563:

Calae.1738:

Seeing this company chase away their own customer’s is quite funny to watch actually.

I hope they keep doing this.

They’re chasing away the hard core farmers who complain on every forum in every game. If they all left, it wouldn’t substantially make that much of a difference. There aren’t as many of them as you seem to think.

What about the players who complain about wanting permanent content, they aren’t “hard core farmers” yet they seem to be chasing them away to. I don’t think you have a clue about what you are talking about. You don’t know what other players want or don’t want, and you don’t know what Anet’s intentions are so don’t act like you do, you’re just blowing a bunch of hot air at all of us and so what if you’re anti-farming, good for you, then say what ya have to say and leave it at that.

And as far as farmers in the game, I would think that anyone who plans on going for a Legendary, at any point in game, would have to be called a farmer, of some type, because they farm either the mats for the gifts, or the gold to acquire the mats for the gifts.

Exactly. The whole game is a farm when legendaries are concerned. Not to mention if you actually want Runes and Sigils for your gear. Next I’ll hear how you can play effectively without them (sigh smh) that’s coming I can just feel it. If you could buy runes and sigils like you can the gear pieces for karma then it would be a different story, even the bags need gold in this game.

It’s okay folks you can play the entire game in greys you don’t actually need dusts or anything, don’t need loot at all. You can just login in your underwear so that you can take pictures of the scenery because that’s the only activity to worry about, so long as the game is pretty no one has to worry about anything.

I wish some of these naysayers could really really hear themselves sometimes.

OliverT.9021:

In other words, we are virtually going into negative supply flow at the rate it is being used than the rate it is being “created”, so to speak.

Not long ago, sell order supply was nearly 0 and now it’s nearly 5000 units. It’s also been said that the dust is used in many crafting/forge recipes, do you have data on how much is sold and how much is consumed each day? You seem to be making a lot of assumptions based on little evidence.

From what I see there has been some manipulation of the market by opportunists, plus a drop in the number of people gathering the dust which led to an increase in price. This in turn leads to the dumping of hoarded supplies by those same opportunists, and an increase in gathering by people who notice the higher price, which leads to an increase in supply.

In the words of one of recent history’s greatest philosophers, “Don’t Panic.”