Mystic Coins 1 gold each
So you spent a lot of money on things you wanted. You spent a lot of mystic coins on things you wanted. Now you’re unhappy because you have no money nor mystic coins?
I think there’s an idiom concerning cake out there which says the above more succinctly.
So you spent a lot of money on things you wanted. You spent a lot of mystic coins on things you wanted. Now you’re unhappy because you have no money nor mystic coins?
I think there’s an idiom concerning cake out there which says the above more succinctly.
Actually no, alot of the WvW things were things i had before HOT.
Anet made it so to WvW you need to dump mats into a toilet that allows for boons/upgrades/ other things that you would of gotten had you just been in WvW.
As someone who spent alot of time upgrading camps and towers defending small areas in CD home land. Things like that was alot of fun which is why I am nearly done with my WvW AP yet still being less then 1k in WvW since i mostly played before they gave you points in WvW.
So to recap again, i have to dump mats into a the guild toilet for WvW upgrades that i used to be able to have threw actually playing WvW.
I have all the necessary things to make the item other then mystic coins which are at a really high price of 1 gold a pc.
I dont have gold because i dont farm the maps. And your comment alone shows you have no idea what you speak of and that you only wanted to make a snarky comment which makes you come across as dumb since you couldnt put 1+1 together and i have to draw it out in crayon for ya.
If you wanted to say hey coins need to stay this price for X reasons i be for it. No, you said nothing because thinking probably and writing down a decent response isnt in your bag of tricks.
http://www.gw2spidy.com/item/19976
93s80c
“the market is where we want it to be, let’s not fix anything”
it was 70s begin of the year, so it took about a year to climb to 93s
with that scale, it would be a good investment to buy mystic coins now, and sell them for 3-4g in 2018
85s10c -BUY//// 97s94c -SELL ( i thought they were above 1g last time i checked, let’s seem em drop to 40s!!!)
IT would be helpful if there were other ways to get mystic coins in WVW and PVP. maybe there are already , i’m just unware.
what are they…
—There’s the PvE meta thing “Rewarded once a day from completing the Defeat the Ley-Line Anomaly to disperse its destructive energy before it overloads event.”
—Daily reward every so often from the mystic toliet daily.
—Mystic clovers – sometimes drops 5-50 coins instead
—Possible drop from Fluctuating Mass gotten from salvaging (25 Dragonite Ore and 25 Empyreal Fragments) with these : Sentient Aberration or Sentient Anomaly(so, so rare)
—Login rewards
Still these are mostly PvE things, so yeah having multiple other ways in WvW and from PvP would be more balanced.
edit: maybe some reward track do give them. hmm or not? well k if they do that’s one way, now 3 more (each)
Yo, Ho, thieves and beggars, never shall we die
(edited by Kelly.7019)
http://www.gw2spidy.com/item/19976
93s80c
“the market is where we want it to be, let’s not fix anything”
it was 70s begin of the year, so it took about a year to climb to 93s
with that scale, it would be a good investment to buy mystic coins now, and sell them for 3-4g in 2018
So basically yeah, they gunna let prices skyrocket over the concerns of the masses, but price isn’t really what poster was talking about, the ability to acquire in non PvE ways is what he was saying.
Yo, Ho, thieves and beggars, never shall we die
The TP is a supply / demand driven economy.
MCs are currently 90s and there are 11000 for sale.
This morning the price spiked at 1G 10s for a short while as the supply fell down to approx 7000.
The prices fluctuate all the time , so if items are too expensive for you either wait a while or put in a buy order.
The TP is not a shop where cheap prices are guaranteed all the time.
The TP is a supply / demand driven economy.
MCs are currently 90s and there are 11000 for sale.
This morning the price spiked at 1G 10s for a short while as the supply fell down to approx 7000.
The prices fluctuate all the time , so if items are too expensive for you either wait a while or put in a buy order.
The TP is not a shop where cheap prices are guaranteed all the time.
The issue is not the price. That much we already know. The issue is the supply.
Every “active” acount (that is to say every acount that logs in every day) generates 30 mystic coins a month. Now we know that the ‘active’ acount is less than 10% of the total of acounts that log in at least once a week, so for arguments sake, let’s say on average 15 coins enter the game per acount per month.
Most of the people who get their coins use them or store them. Then there’s a few people who sell their coins on the trading post.
As a result, a limited but stagnant supply exists, and this supply keeps decreasing because more and more people realize the supply is stagnant. More people hoard their coins, increasing the value/rarity, and thus more people start hoarding their coins. It’s a vicious cycle that enhances itself.
At some point, no one will dare to sell their mystic coins ever again out of fear of never being able to get more
So you spent a lot of money on things you wanted. You spent a lot of mystic coins on things you wanted. Now you’re unhappy because you have no money nor mystic coins?
I think there’s an idiom concerning cake out there which says the above more succinctly.
Actually no, alot of the WvW things were things i had before HOT.
Anet made it so to WvW you need to dump mats into a toilet that allows for boons/upgrades/ other things that you would of gotten had you just been in WvW.
As someone who spent alot of time upgrading camps and towers defending small areas in CD home land. Things like that was alot of fun which is why I am nearly done with my WvW AP yet still being less then 1k in WvW since i mostly played before they gave you points in WvW.
So to recap again, i have to dump mats into a the guild toilet for WvW upgrades that i used to be able to have threw actually playing WvW.
I have all the necessary things to make the item other then mystic coins which are at a really high price of 1 gold a pc.
I dont have gold because i dont farm the maps. And your comment alone shows you have no idea what you speak of and that you only wanted to make a snarky comment which makes you come across as dumb since you couldnt put 1+1 together and i have to draw it out in crayon for ya.
If you wanted to say hey coins need to stay this price for X reasons i be for it. No, you said nothing because thinking probably and writing down a decent response isnt in your bag of tricks.
I can put one and one together. You’re currently gold/material poor, and are wishing you weren’t. Take stock of where your income is going, and budget for the future expenses. If you’re spending your gold doing something you enjoy, great! I’m happy for you.
It’s been a year since Winter’s Presence was released. If your goal was to get that shoulder skin, then long-term planning or huge spending was already needed. The price of mystic coins hasn’t changed that much since then, and they’re currently at 90 silver as thousands are being thrown onto the market (I hope you take advantage of this).
But, as I was trying to say, if you’re spending your gold, don’t be too surprised that you can’t buy everything you want. Few people walk around with enough mystic coins in their bank to match their desires; it’s why we use the trading post.
They are too expensive. Period. They 100fold in about 1.5 year in price. This can’t be good at all. The surge of coins you generate is very low and if you need any you have to either wait for months/years.
Also wtf guys you’re talking about ‘price is about the same as last year’. The price of the coins during last Wintersday were 10-12s, it tenfold since then… The problem is that a lot are used for the guild hall and the new legendaries use all one stack more than the old ones. So the surge of coins is about the same as ever, but the demand is much higher. Probably also some greedy folks who hoard the coins to make money.
‘would of been’ —> wrong
85s10c -BUY//// 97s94c -SELL ( i thought they were above 1g last time i checked, let’s seem em drop to 40s!!!)
IT would be helpful if there were other ways to get mystic coins in WVW and PVP. maybe there are already , i’m just unware.
what are they…
—There’s the PvE meta thing “Rewarded once a day from completing the Defeat the Ley-Line Anomaly to disperse its destructive energy before it overloads event.”
—Daily reward every so often from the mystic toliet daily.
—Mystic clovers – sometimes drops 5-50 coins instead
—Possible drop from Fluctuating Mass gotten from salvaging (25 Dragonite Ore and 25 Empyreal Fragments) with these : Sentient Aberration or Sentient Anomaly(so, so rare)
—Login rewards
Still these are mostly PvE things, so yeah having multiple other ways in WvW and from PvP would be more balanced.edit: maybe some reward track do give them. hmm or not? well k if they do that’s one way, now 3 more (each)
Login rewards are not PvE exclusive, and they are where >95% of the mystic coins come from considering how few people do the Ley Line Anomaly events. You aren’t being locked out of them by playing WvW or PvP over PvE.
Two days of ABing will solve this problem. You don’t even have to do anything if you feel lazy. Get them coins son.
This is such a horrible response.
“I know that MC are in a bad spot, so instead of trying to change that I will just perpetuate the high price by farming ABML and buying them off the TP, supporting the hoarders who keep the price artificially high”
Two days of ABing will solve this problem.
AB doesn’t generate mystic coins. If anything, it makes the problem worse.
Remember, remember, 15th of November
They are too expensive. Period.
Are they? Who decides when the price is too high? When it’s too low?
They 100fold in about 1.5 year in price. This can’t be good at all. The surge of coins you generate is very low and if you need any you have to either wait for months/years.
No one ‘needs’ any. The sole use of m-coins is on premium skins and a dozen or so one-time guild buffs. The surge of coins we get for free is about a stack per year, which is plenty for those of modest means. If you want more premium skins more often, I don’t see why it’s a bad thing to pay a premium.
Also wtf guys you’re talking about ‘price is about the same as last year’. The price of the coins during last Wintersday were 10-12s, it tenfold since then…
- Price during same week last year was 27-31 silver, when it spiked with the release of the new skin.
- Price hit 65-75 silver during June of this year.
- Mid-July, it was 75-86.
- Late July, it was 50-60 (it went down, when people thought it was dropping frequently from Current Events)
- In October, it hit 76-86.
- In November, it was down to 68-76.
- With the return of a fancy skin, it peaked at 93-104.
- Now it’s at 90-95.
The problem is that a lot are used for the guild hall and the new legendaries use all one stack more than the old ones. So the surge of coins is about the same as ever, but the demand is much higher. Probably also some greedy folks who hoard the coins to make money.
I would imagine that the vast majority of demand for guild halls has already happened. It’s a one-time requirement and while some guilds are still building, most have had over a year and no longer need them. What’s more likely is that the community’s psychology about m-coins has permanently altered: we are prepared to pay 80-120 silver for them now, we aren’t willing to wait for our free ones.
The only reason some of us think that’s “a lot” is that we remember the good old days when m-coins were cheap and we didn’t have to stop to think about how many we had.
@ greener
Cant you understand what im getting at?
I mean come on, the only reason i dont have mystic coins is because Anet forced the Guild Halls on us. WvW upgrades need alot of mystic coins and as a guild where i and 4 others brought it up from 0-60.
We didnt want to spend 5k gold on guild halls for 800g on scribing to have some nice looking decorations.
My point with WvW was my guild already unlocked everything with favor. Then Hot comes out and says we need X amount of mystic coins for things you have already unlocked.
Seriously its like i bought a car for $10,000 and it was a good car great even. Then the car dealer ship calls and say hey we got a upgrade for it. We got all these nice things for it and its a small price upgrade. I say sure awesome this should be nice. I go to get my upgraded car and they decided to take out the power steering and AC.
Im saying right now that i had the ac and power steering before (mystic coins) i dont have them because of a bogus upgrade you sold me car dealership. The dealership says well we already upgraded it so this is how it is from now on. Dealership also tells me, you know how your car was $10,000. I say yeah? Well now its a $100,000 car and your insurance for it went up 10X.
Im like what! What did you do that made it this nice? Care dealer ship goes silent …… (this is where im at with 1g mystic coins, i understand i should of planned months in advanced to get the shoulder pc after this but my goodness you dont see any problem with this?)
http://www.gw2spidy.com/item/19976
93s80c
“the market is where we want it to be, let’s not fix anything”
it was 70s begin of the year, so it took about a year to climb to 93s
with that scale, it would be a good investment to buy mystic coins now, and sell them for 3-4g in 2018
if you’re quoting someone on the price of Mystic Coins they are WAAAAY OFF!
They weren’t 70s @ the beginning of the year(Jan 2016),
they were about 22/23Buy & 26Sell.
They have SKYROCKETED in price! (https://www.gw2spidy.com/item/19976 Zoom:all)
Yo, Ho, thieves and beggars, never shall we die
Two days of ABing will solve this problem. You don’t even have to do anything if you feel lazy. Get them coins son.
This is such a horrible response.
“I know that MC are in a bad spot, so instead of trying to change that I will just perpetuate the high price by farming ABML and buying them off the TP, supporting the hoarders who keep the price artificially high”
Two days of ABing will solve this problem.
AB doesn’t generate mystic coins. If anything, it makes the problem worse.
If you guys can’t see that the TP rules all, you are new to this game. And who rules the TP? Them rich folks that hoard stock and manipulate prices to death. Don’t believe for one moment any of you can change that unless you are one of those rich trolls.
The price of the Mystic coin will continue to rise and it’s very unlikely you will convince enough people to change it. All we can do is hit the best casual income source in the game and right now that’s AB meta. You won’t change the price. Ever. So put your time to better use and just do the meta, get your coins, and make your stuff.
When it gets incredibly bad, and I mean 7g a coin kinda bad, then Anet might finally decide to man up and fix their broken economy instead of thinking it was a good idea to leave it in the hands of the players hoping no one would take advantage of it. Just another idea they are outdated on.
We don’t need to convince anyone playing the game to sell their hoard of MC. We just need to convince ANet that the incoming supply of MC is not high enough. Totally different objectives.
85s10c -BUY//// 97s94c -SELL ( i thought they were above 1g last time i checked, let’s seem em drop to 40s!!!)
IT would be helpful if there were other ways to get mystic coins in WVW and PVP. maybe there are already , i’m just unware.
what are they…
—There’s the PvE meta thing “Rewarded once a day from completing the Defeat the Ley-Line Anomaly to disperse its destructive energy before it overloads event.”
—Daily reward every so often from the mystic toliet daily.
—Mystic clovers – sometimes drops 5-50 coins instead
—Possible drop from Fluctuating Mass gotten from salvaging (25 Dragonite Ore and 25 Empyreal Fragments) with these : Sentient Aberration or Sentient Anomaly(so, so rare)
—Login rewards
Still these are mostly PvE things, so yeah having multiple other ways in WvW and from PvP would be more balanced.edit: maybe some reward track do give them. hmm or not? well k if they do that’s one way, now 3 more (each)
Login rewards are not PvE exclusive, and they are where >95% of the mystic coins come from considering how few people do the Ley Line Anomaly events. You aren’t being locked out of them by playing WvW or PvP over PvE.
I said MOSTLY not ALL. Let’s break it down, and since i’m a PvE’er unlike the original poster WvW/PvP’er i might perceive it differently or not
—There’s the PvE meta thing “Rewarded once a day from completing the Defeat the Ley-Line Anomaly to disperse its destructive energy before it overloads event.”
(pretty solid PvE)
—Daily reward every so often from the mystic toliet daily.
(need a toliet: WvW, PvE: you could use alot of stuff for this, hopefully you acquired it in WvW other wise it would count for PvE)
—Mystic clovers – sometimes drops 5-50 coins instead
(WvW, PvE : still need a lot of coins, to try to get more as the chances are more rare then getting clovers, and if you don’t have coins this option don’t count at all)
—Possible drop from Fluctuating Mass gotten from salvaging (25 Dragonite Ore and 25 Empyreal Fragments) with these : Sentient Aberration or Sentient Anomaly(so, so rare)
(I believe you need to do PvE content to acquire these salvaging items)
—Login rewards
(doesn’t matter what how you play just log on. WvW or PvP or PVE)
Yep looks “mostly” to me. And i see WvW has a few more then i was thinking but PVP is still pretty scarce. Adding Coins to reward tracks would probs be helpful – (i scanned the final reward boxes and didn’t see any, but maybe they drop along the tracks idk.)
:)
Yo, Ho, thieves and beggars, never shall we die
(edited by Kelly.7019)
They are too expensive. Period.
Are they? Who decides when the price is too high? When it’s too low?
The community player base apparently, they are screaming prices are too high!
They 100fold in about 1.5 year in price. This can’t be good at all. The surge of coins you generate is very low and if you need any you have to either wait for months/years.
No one ‘needs’ any. The sole use of m-coins is on premium skins and a dozen or so one-time guild buffs. The surge of coins we get for free is about a stack per year, which is plenty for those of modest means. If you want more premium skins more often, I don’t see why it’s a bad thing to pay a premium.
No one ‘needs’ to play this game. Good strategy to make people stop playing alltogether. Oh wait, then prices will go up even higher the less people that are playing, yay!!!
Also wtf guys you’re talking about ‘price is about the same as last year’. The price of the coins during last Wintersday were 10-12s, it tenfold since then…
- Price during same week last year was 27-31 silver, when it spiked with the release of the new skin.
- Price hit 65-75 silver during June of this year.
- Mid-July, it was 75-86.
- Late July, it was 50-60 (it went down, when people thought it was dropping frequently from Current Events)
- In October, it hit 76-86.
- In November, it was down to 68-76.
- With the return of a fancy skin, it peaked at 93-104.
- Now it’s at 90-95.
The problem is that a lot are used for the guild hall and the new legendaries use all one stack more than the old ones. So the surge of coins is about the same as ever, but the demand is much higher. Probably also some greedy folks who hoard the coins to make money.
I would imagine that the vast majority of demand for guild halls has already happened. It’s a one-time requirement and while some guilds are still building, most have had over a year and no longer need them. What’s more likely is that the community’s psychology about m-coins has permanently altered: we are prepared to pay 80-120 silver for them now, we aren’t willing to wait for our free ones.
The only reason some of us think that’s “a lot” is that we remember the good old days when m-coins were cheap and we didn’t have to stop to think about how many we had.
So basically Prices have been on the rise, steadily. Buy your coins, hoard them and sit on them! Anet won’t do anything about it and in the long run prices will go up! That’s what the chart has shown.
I don’t think the Gw2 community is prepared to pay 80-120 silver for them, if they were they wouldn’t be screaming about the price being so high. Yet people don’t realistically think prices will fall back to what they were a year ago, but prices could come down a bit MORE, and by adding MORE supply, as it takes MORE coins to make these new legendaries then before, it might help balance things better.
Because Gw2 is all about balancing things, right ?
Yo, Ho, thieves and beggars, never shall we die
(edited by Kelly.7019)
Two days of ABing will solve this problem. You don’t even have to do anything if you feel lazy. Get them coins son.
This is such a horrible response.
“I know that MC are in a bad spot, so instead of trying to change that I will just perpetuate the high price by farming ABML and buying them off the TP, supporting the hoarders who keep the price artificially high”
Two days of ABing will solve this problem.
AB doesn’t generate mystic coins. If anything, it makes the problem worse.
If you guys can’t see that the TP rules all, you are new to this game. And who rules the TP? Them rich folks that hoard stock and manipulate prices to death. Don’t believe for one moment any of you can change that unless you are one of those rich trolls.
The price of the Mystic coin will continue to rise and it’s very unlikely you will convince enough people to change it. All we can do is hit the best casual income source in the game and right now that’s AB meta. You won’t change the price. Ever. So put your time to better use and just do the meta, get your coins, and make your stuff.
When it gets incredibly bad, and I mean 7g a coin kinda bad, then Anet might finally decide to man up and fix their broken economy instead of thinking it was a good idea to leave it in the hands of the players hoping no one would take advantage of it. Just another idea they are outdated on.
I don’t know if this is true but i would imagine the majority of players have 1 account. I’m sure there are those rich trolls that have multiple accounts and hoard , hoard, hoard. i wonder how this affects the rest of us, and if this was intended when designing the game or became more on an unintended non bannable exploit that Anet is okay with because more accounts sold is more money for them? or something along those lines. i won’t get into details.
Yo, Ho, thieves and beggars, never shall we die
They are too expensive. Period.
Are they? Who decides when the price is too high? When it’s too low?
The community player base apparently, they are screaming prices are too high!
Actually, that’s not true. Lots of players like the high prices because it means they can afford other shinies (and necessities) when they sell their coins.
Just because you and some other folks in the thread don’t like the high prices doesn’t mean that the prices are too high. Just because some players aren’t yet willing to sell doesn’t mean the price is too low.
People are impatient; we all want our shinies ASAP. As a result, we are — as a group — willing to pay a premium for mystic coins. Ergo, a significant portion of the community doesn’t think the prices are too high; if they did, they’d wait.
They are too expensive. Period.
Are they? Who decides when the price is too high? When it’s too low?
The community player base apparently, they are screaming prices are too high!
They 100fold in about 1.5 year in price. This can’t be good at all. The surge of coins you generate is very low and if you need any you have to either wait for months/years.
No one ‘needs’ any. The sole use of m-coins is on premium skins and a dozen or so one-time guild buffs. The surge of coins we get for free is about a stack per year, which is plenty for those of modest means. If you want more premium skins more often, I don’t see why it’s a bad thing to pay a premium.
No one ‘needs’ to play this game. Good strategy to make people stop playing alltogether. Oh wait, then prices will go up even higher the less people that are playing, yay!!!
Also wtf guys you’re talking about ‘price is about the same as last year’. The price of the coins during last Wintersday were 10-12s, it tenfold since then…
- Price during same week last year was 27-31 silver, when it spiked with the release of the new skin.
- Price hit 65-75 silver during June of this year.
- Mid-July, it was 75-86.
- Late July, it was 50-60 (it went down, when people thought it was dropping frequently from Current Events)
- In October, it hit 76-86.
- In November, it was down to 68-76.
- With the return of a fancy skin, it peaked at 93-104.
- Now it’s at 90-95.
The problem is that a lot are used for the guild hall and the new legendaries use all one stack more than the old ones. So the surge of coins is about the same as ever, but the demand is much higher. Probably also some greedy folks who hoard the coins to make money.
I would imagine that the vast majority of demand for guild halls has already happened. It’s a one-time requirement and while some guilds are still building, most have had over a year and no longer need them. What’s more likely is that the community’s psychology about m-coins has permanently altered: we are prepared to pay 80-120 silver for them now, we aren’t willing to wait for our free ones.
The only reason some of us think that’s “a lot” is that we remember the good old days when m-coins were cheap and we didn’t have to stop to think about how many we had.
So basically Prices have been on the rise, steadily. Buy your coins, hoard them and sit on them! Anet won’t do anything about it and in the long run prices will go up! That’s what the chart has shown.
I don’t think the Gw2 community is prepared to pay 80-120 silver for them, if they were they wouldn’t be screaming about the price being so high. Yet people don’t realistically think prices will fall back to what they were a year ago, but prices could come down a bit MORE, and by adding MORE supply, as it takes MORE coins to make these new legendaries then before, it might help balance things better.
Because Gw2 is all about balancing things, right ?
No the price was not raising. It was steady around 70-80s since June. The only reason they are more expensive now is exactly the shoulder skin OP wants. They will be back to 70-80s after Wintersday.
Ceana Mera | Mesmer
Indra Nebelklinge | Revenant
http://www.gw2spidy.com/item/19976
93s80c
“the market is where we want it to be, let’s not fix anything”
it was 70s begin of the year, so it took about a year to climb to 93s
with that scale, it would be a good investment to buy mystic coins now, and sell them for 3-4g in 2018if you’re quoting someone on the price of Mystic Coins they are WAAAAY OFF!
They weren’t 70s @ the beginning of the year(Jan 2016),
they were about 22/23Buy & 26Sell.
They have SKYROCKETED in price! (https://www.gw2spidy.com/item/19976 Zoom:all)
oh you’re right. Must’ve misread the spidy. januari 18th, 23s/28s
They are too expensive. Period.
Are they? Who decides when the price is too high? When it’s too low?
They 100fold in about 1.5 year in price. This can’t be good at all. The surge of coins you generate is very low and if you need any you have to either wait for months/years.
No one ‘needs’ any. The sole use of m-coins is on premium skins and a dozen or so one-time guild buffs. The surge of coins we get for free is about a stack per year, which is plenty for those of modest means. If you want more premium skins more often, I don’t see why it’s a bad thing to pay a premium.
Also wtf guys you’re talking about ‘price is about the same as last year’. The price of the coins during last Wintersday were 10-12s, it tenfold since then…
- Price during same week last year was 27-31 silver, when it spiked with the release of the new skin.
- Price hit 65-75 silver during June of this year.
- Mid-July, it was 75-86.
- Late July, it was 50-60 (it went down, when people thought it was dropping frequently from Current Events)
- In October, it hit 76-86.
- In November, it was down to 68-76.
- With the return of a fancy skin, it peaked at 93-104.
- Now it’s at 90-95.
The problem is that a lot are used for the guild hall and the new legendaries use all one stack more than the old ones. So the surge of coins is about the same as ever, but the demand is much higher. Probably also some greedy folks who hoard the coins to make money.
I would imagine that the vast majority of demand for guild halls has already happened. It’s a one-time requirement and while some guilds are still building, most have had over a year and no longer need them. What’s more likely is that the community’s psychology about m-coins has permanently altered: we are prepared to pay 80-120 silver for them now, we aren’t willing to wait for our free ones.
The only reason some of us think that’s “a lot” is that we remember the good old days when m-coins were cheap and we didn’t have to stop to think about how many we had.
I know all the arguments and they are symptomatically for the guild wars forum. The price used to be 1s for like 3 years, the economy was used to it, so that’s why I think it’s the ‘normal’ price. I just used a higher scale. If you stretch the scale to lifetime of GW2 they were 1s for a long time, now they are 1g, so 100fold.
Of course if they always were 1g we were used to it. Still they are limited, and the less people play and the more we use them the price is rising. I think it’s too high. They should do something against it.
Your argument that the coins are not needed is derives from false conclusions; this game is about cosmetics and almost every dedicated player wants them, hence the increase in price.
‘would of been’ —> wrong
Two days of ABing will solve this problem. You don’t even have to do anything if you feel lazy. Get them coins son.
This is such a horrible response.
“I know that MC are in a bad spot, so instead of trying to change that I will just perpetuate the high price by farming ABML and buying them off the TP, supporting the hoarders who keep the price artificially high”
Two days of ABing will solve this problem.
AB doesn’t generate mystic coins. If anything, it makes the problem worse.
If you guys can’t see that the TP rules all, you are new to this game. And who rules the TP? Them rich folks that hoard stock and manipulate prices to death. Don’t believe for one moment any of you can change that unless you are one of those rich trolls.
The price of the Mystic coin will continue to rise and it’s very unlikely you will convince enough people to change it. All we can do is hit the best casual income source in the game and right now that’s AB meta. You won’t change the price. Ever. So put your time to better use and just do the meta, get your coins, and make your stuff.
When it gets incredibly bad, and I mean 7g a coin kinda bad, then Anet might finally decide to man up and fix their broken economy instead of thinking it was a good idea to leave it in the hands of the players hoping no one would take advantage of it. Just another idea they are outdated on.
I don’t know if this is true but i would imagine the majority of players have 1 account. I’m sure there are those rich trolls that have multiple accounts and hoard , hoard, hoard. i wonder how this affects the rest of us, and if this was intended when designing the game or became more on an unintended non bannable exploit that Anet is okay with because more accounts sold is more money for them? or something along those lines. i won’t get into details.
Okay this is an unwarranted attack.
First of all, this whole “rich trolls” thing is nothing more than a conspiracy theory. People claim the price has gone up because rich people manipulate the market but they don’t really have any different way of getting coins than poor people.
I have multiple accounts, and I use those accounts for log in rewards, but not to control the market. I use them to farm mystic coins and laurels for t6 mats, which I use to make legendaries. The log in rewards easily pay for the accounts for me.
A lot of people who hoard are hoarding because they plan on using the coins, rather than hoarding them to drive the price up. In fact, pretty much anyone who does high end crafting needs to hoard them.
Why don’t I sell my mystic coins? Because I’d have to buy them back to make the stuff I want to craft.
The only way people get mystic coins is one per one event once a day, and getting log in rewards, of which everyone gets the same amount, if they actually log in.
Ya know most rich people don’t hoard mystic coins to manipulate the market, most would just sell it a high price and invest it elsewhere for easier money. Mystic coins as a market isn’t that profitable at all and you guys are complaining about Mystic coins when just last week or 2 they were 68s!
The only reason they went up so much is because of winters presence… if you’re smart you’ll wait until Wday is over THEN make it when the coins are 68s again…
This isn’t some kind of natural inflation of mystic coins prices, this is obviously a demand spike so quit complaining or next time maybe plan ahead and buy the mystic coins beforehand.
Ya know most rich people don’t hoard mystic coins to manipulate the market, most would just sell it a high price and invest it elsewhere for easier money. Mystic coins as a market isn’t that profitable at all and you guys are complaining about Mystic coins when just last week or 2 they were 68s!
The only reason they went up so much is because of winters presence… if you’re smart you’ll wait until Wday is over THEN make it when the coins are 68s again…
This isn’t some kind of natural inflation of mystic coins prices, this is obviously a demand spike so quit complaining or next time maybe plan ahead and buy the mystic coins beforehand.
That’s BS and you know it.
It’s not the wintersday presence that’s driving the costs, and they weren’t 68s just last week.
Early december ‘15 it was ~15-20s, after that, in the course of 6-7 months it climbed to 80s, until it reached its current steadline in end july (75-80s) and now since july is has stabilized a bit, but it’s still slowly climbing.
The problem is: more collections and recipes enter the game requiring more mystic coins. More mystic coins do not enter the game. the price of a single mystic coin increases. more people hoard their coins. Hoarded coins and more recipes mean a self-inducing cycle of increasing rarity
I know all the arguments and they are symptomatically for the guild wars forum.
You seem to know them without understanding why people are making them.
Still they are limited,
Yes, this is the point: they are limited; people have to choose between having more shinies or spending more coin.
I think it’s too high.
Yes, as do many people. That doesn’t mean the price is too high.
They should do something against it.
Not liking the price isn’t enough of a reason.
Your argument that the coins are not needed is derives from false conclusions; this game is about cosmetics and almost every dedicated player wants them, hence the increase in price.
Yes, many dedicated players want them; that’s not the same as needed them. Not everyone agrees that the game is about cosmetics. Many of those who think the game is about cosmetics think it’s better if some shinies are more expensive.
Mystic Coins are used to make luxury skins/items; they aren’t required to play the game.
They are too expensive. Period.
Are they? Who decides when the price is too high? When it’s too low?
They 100fold in about 1.5 year in price. This can’t be good at all. The surge of coins you generate is very low and if you need any you have to either wait for months/years.
No one ‘needs’ any. The sole use of m-coins is on premium skins and a dozen or so one-time guild buffs. The surge of coins we get for free is about a stack per year, which is plenty for those of modest means. If you want more premium skins more often, I don’t see why it’s a bad thing to pay a premium.
Also wtf guys you’re talking about ‘price is about the same as last year’. The price of the coins during last Wintersday were 10-12s, it tenfold since then…
- Price during same week last year was 27-31 silver, when it spiked with the release of the new skin.
- Price hit 65-75 silver during June of this year.
- Mid-July, it was 75-86.
- Late July, it was 50-60 (it went down, when people thought it was dropping frequently from Current Events)
- In October, it hit 76-86.
- In November, it was down to 68-76.
- With the return of a fancy skin, it peaked at 93-104.
- Now it’s at 90-95.
The problem is that a lot are used for the guild hall and the new legendaries use all one stack more than the old ones. So the surge of coins is about the same as ever, but the demand is much higher. Probably also some greedy folks who hoard the coins to make money.
I would imagine that the vast majority of demand for guild halls has already happened. It’s a one-time requirement and while some guilds are still building, most have had over a year and no longer need them. What’s more likely is that the community’s psychology about m-coins has permanently altered: we are prepared to pay 80-120 silver for them now, we aren’t willing to wait for our free ones.
The only reason some of us think that’s “a lot” is that we remember the good old days when m-coins were cheap and we didn’t have to stop to think about how many we had.
I know all the arguments and they are symptomatically for the guild wars forum. The price used to be 1s for like 3 years, the economy was used to it, so that’s why I think it’s the ‘normal’ price. I just used a higher scale. If you stretch the scale to lifetime of GW2 they were 1s for a long time, now they are 1g, so 100fold.
Of course if they always were 1g we were used to it. Still they are limited, and the less people play and the more we use them the price is rising. I think it’s too high. They should do something against it.
Your argument that the coins are not needed is derives from false conclusions; this game is about cosmetics and almost every dedicated player wants them, hence the increase in price.
As much as I agree with you that there are problems with MC and I would like to see them drop to 30 silver or less and stay there, I’m going to play Devil’s Advocate here.
Part of the reason that John is refusing to mess with the economy right now is because he wants to force people to drop this preconceived notion of the inherent value that some items have. You, and I’m sure many others, see MC as an inherently cheap item for no better reason than they were dirt cheap for years and you got used to it. John is trying to force people out of that perception of everything in the economy. So saying that because they were cheap for years ANet should step in to make them cheap again will not win ANet over, at least not at this time.
For me, with five accounts, the higher the cost the better. I looked at what I could make with the Coins, made some of them, and have sold off hundreds since, keeping a stack of 250 for future use. Last night the price was 84s. Too low. I didn’t sell any. No hurry.
They need to keep going higher. Legendaries are too undervalued and mystic coins are only part of the solution.
www.twitch.tv/nike_dnt
@ greener
Cant you understand what im getting at?
I mean come on, the only reason i dont have mystic coins is because Anet forced the Guild Halls on us.
Oh boy … yeah, so FORCED. I mean, can’t do anything without one right? ><
Ya know most rich people don’t hoard mystic coins to manipulate the market, most would just sell it a high price and invest it elsewhere for easier money. Mystic coins as a market isn’t that profitable at all and you guys are complaining about Mystic coins when just last week or 2 they were 68s!
The only reason they went up so much is because of winters presence… if you’re smart you’ll wait until Wday is over THEN make it when the coins are 68s again…
This isn’t some kind of natural inflation of mystic coins prices, this is obviously a demand spike so quit complaining or next time maybe plan ahead and buy the mystic coins beforehand.
That’s BS and you know it.
It’s not the wintersday presence that’s driving the costs, and they weren’t 68s just last week.Early december ‘15 it was ~15-20s, after that, in the course of 6-7 months it climbed to 80s, until it reached its current steadline in end july (75-80s) and now since july is has stabilized a bit, but it’s still slowly climbing.
The problem is: more collections and recipes enter the game requiring more mystic coins. More mystic coins do not enter the game. the price of a single mystic coin increases. more people hoard their coins. Hoarded coins and more recipes mean a self-inducing cycle of increasing rarity
But you’re assuming more people are hoarding coins to sell them, as opposed to more people saving coins because they plan to make legendary weapons, which is what I do.
This isn’t a case of TP barons manipulating the market, because everyone gets the same income of mystic coins. Nor do I believe most players even think about the tradiing post as a way to make money. And if you’re a TA baron, there are much better ways to make money than mystic coins.
No, most people who are saving there are either unaware of their value (trust me I’ve met more than a couple of people who just deposit all mats in their bank and don’t realize that they’re worth something), or they’re saving them for crafting themselves.
I don’t believe most players are disciplined enough or thoughtful enough about the economy to hold on to something for months when they need gold now.
They need to keep going higher. Legendaries are too undervalued and mystic coins are only part of the solution.
Mystic Coins are needed for a lot more than legendaries, genius, including the mystic weapons needed for the elite spec collections and a lot of skins that used to be comparative in price with crafted exotics.
Ya know most rich people don’t hoard mystic coins to manipulate the market, most would just sell it a high price and invest it elsewhere for easier money. Mystic coins as a market isn’t that profitable at all and you guys are complaining about Mystic coins when just last week or 2 they were 68s!
The only reason they went up so much is because of winters presence… if you’re smart you’ll wait until Wday is over THEN make it when the coins are 68s again…
This isn’t some kind of natural inflation of mystic coins prices, this is obviously a demand spike so quit complaining or next time maybe plan ahead and buy the mystic coins beforehand.
That’s BS and you know it.
It’s not the wintersday presence that’s driving the costs, and they weren’t 68s just last week.Early december ‘15 it was ~15-20s, after that, in the course of 6-7 months it climbed to 80s, until it reached its current steadline in end july (75-80s) and now since july is has stabilized a bit, but it’s still slowly climbing.
The problem is: more collections and recipes enter the game requiring more mystic coins. More mystic coins do not enter the game. the price of a single mystic coin increases. more people hoard their coins. Hoarded coins and more recipes mean a self-inducing cycle of increasing rarity
https://www.gw2tp.com/item/19976-mystic-coin
A bit over 2 weeks ago, Nov 30 buy orders were 63-66s, I remember because I bought 3 stacks and then sold them when Wintersday hit @ 1g.
I forgot the exact time frame in my original post but basically if you bought the coins before Wday you could’ve got them anywhere between 63s and 70s instead of 1g but of course that requires using your brain.
But you’re assuming more people are hoarding coins to sell them, as opposed to more people saving coins because they plan to make legendary weapons, which is what I do.
you’re putting words in my mouth, I never said they were hoarded for selling. I simply stated they were hoarded.
As their value increase, some will hoard them for selling, and some will hoard them because they fear they may never get them again because of the price, and some because are or plan to craft stuff
They need to keep going higher. Legendaries are too undervalued and mystic coins are only part of the solution.
Mystic Coins are needed for a lot more than legendaries, genius, including the mystic weapons needed for the elite spec collections and a lot of skins that used to be comparative in price with crafted exotics.
Exactly:
Legendary weapons make up 13% of the total Mystic Coins crafting list.
> Increasing the value of a legendary isn’t done by making 1 item excrutiantingly expensive. Instead, add items that are onlly earned by playing the game. increase the cost of the smaller things, maybe more T6 mats or more tokens earned in various gameplays. But making 1 specific item extremely expensive, especially when that item is also used in other crafting like Mystic Weapons, Winters Presence (the list goes on) you’ll just upset the community without creating anything of value
They need to keep going higher. Legendaries are too undervalued and mystic coins are only part of the solution.
Mystic Coins are needed for a lot more than legendaries, genius, including the mystic weapons needed for the elite spec collections and a lot of skins that used to be comparative in price with crafted exotics.
Exactly:
Legendary weapons make up 13% of the total Mystic Coins crafting list.> Increasing the value of a legendary isn’t done by making 1 item excrutiantingly expensive. Instead, add items that are onlly earned by playing the game. increase the cost of the smaller things, maybe more T6 mats or more tokens earned in various gameplays. But making 1 specific item extremely expensive, especially when that item is also used in other crafting like Mystic Weapons, Winters Presence (the list goes on) you’ll just upset the community without creating anything of value
What essential items require mystic coins? All of the ones you listed are luxuries. I think it’s okay that folks who want more luxuries pay more to acquire them.
The high price of m-coins might be bad for those wanting premium skins (or the items that unlock those skins). It’s great for those who don’t, since it means a significant income increase. This is especially helpful for new players who aren’t ready to start worrying about the extra-shiny acquisitions.
Mystic Coins are used to make luxury skins/items; they aren’t required to play the game.
That makes them like 99% of the stuff in gw2. In the end, this game is all about luxury items. Nothing is really required.
This is especially helpful for new players who aren’t ready to start worrying about the extra-shiny acquisitions.
Helpful in the short run (though not so much, the MC trickle is so slow that it won’t be significant for a single-account new player), but in the end every one of those players (assuming they will continue playing) will get to the point where they will want them. Except the coins will cost more then (the price keeps rising, and ther’s no indication that this is going to change).
Their small short-term gain will be a big long-term loss – but they won’t have enough information yet to realize that.
Remember, remember, 15th of November
(edited by Astralporing.1957)
They need to keep going higher. Legendaries are too undervalued and mystic coins are only part of the solution.
Mystic Coins are needed for a lot more than legendaries, genius, including the mystic weapons needed for the elite spec collections and a lot of skins that used to be comparative in price with crafted exotics.
Exactly:
Legendary weapons make up 13% of the total Mystic Coins crafting list.> Increasing the value of a legendary isn’t done by making 1 item excrutiantingly expensive. Instead, add items that are onlly earned by playing the game. increase the cost of the smaller things, maybe more T6 mats or more tokens earned in various gameplays. But making 1 specific item extremely expensive, especially when that item is also used in other crafting like Mystic Weapons, Winters Presence (the list goes on) you’ll just upset the community without creating anything of value
What essential items require mystic coins? All of the ones you listed are luxuries. I think it’s okay that folks who want more luxuries pay more to acquire them.
The high price of m-coins might be bad for those wanting premium skins (or the items that unlock those skins). It’s great for those who don’t, since it means a significant income increase. This is especially helpful for new players who aren’t ready to start worrying about the extra-shiny acquisitions.
One could argue that all of the skins involving MC are luxury skins (though personally I don’t feel anything that is just a component of a collection should be considered a luxury skin), which is fine. But I think we still need to start differentiating between legendary skins and luxury skins. Legendary skins serve a very real purpose of allowing you to stat swap on command, something the other luxury skins don’t allow you to do. To me, this makes them 2 entirely different categories. They are purely cosmetic skins, and legendary skins, which actually serve a combat purpose.
Two different categories. And ANet has muddled up MC by using them in recipes for both types of skins. Its almost as if for a while they were just making new recipes to use MC to drain the market, without any bigger vision as to what MC should be (which, judging by how they changed the leather recipes and drop rates I firmly believe happened, they just overreacteed to an overabundance of supply by creating a large number of new sinks). Should they be a legendary crafting material? Or should they be a luxury skin crafting material? I think that due to their hard timegated nature they are more suited to being a legendary crafting material, and that because of that the quantity needed for the other luxury skins should be decreased dramatically on almost all of them, and flat out removed from some of them (like mystic weapons needed for the specialization collections).
I just view the luxury skins and legendary weapons as two fundamentally different categories.
Mystic Coins are used to make luxury skins/items; they aren’t required to play the game.
That makes them like 99% of the stuff in gw2. In the end, this game is all about luxury items. Nothing is really required.
That’s right, nothing is really required. So what’s so horrible about people having to choose between options? If everything is easily obtained, we tend to undervalue everything.
Besides, not everyone agrees that “this game is all about luxury items.” If that’s all that interested me, I’d play something else.
This is especially helpful for new players who aren’t ready to start worrying about the extra-shiny acquisitions.
Helpful in the short run (though not so much, the MC trickle is so slow that it won’t be significant for a single-account new player), but in the end every one of those players (assuming they will continue playing) will get to the point where they will want them. Except the coins will cost more then (the price keeps rising, and ther’s no indication that this is going to change).
Their small short-term gain will be a big long-term loss – but they won’t have enough information yet to realize that.
The short-term decision won’t make much difference for future veterans in the long run: those who want lots of m-coin-dependent things are always going to want more than they get. But the short term advantages are huge for newer players, but only when coins are selling at a premium.
I just view the luxury skins and legendary weapons as two fundamentally different categories.
That’s fine: let’s call them luxury and uber-luxury. That doesn’t change the fact that there are plenty of other options in the game.
Again, I’m not against ANet increasing the supply of mystic coins or updating older recipes to take into account the changes. (For example, mystic weapons aren’t that shiny, so maybe they shouldn’t require so many mystic coins. And maybe ‘group food’ recipes should have alternative scribing recipes rather than only m-coin formulas for the forge.)
The point I’m making is that the fact that some long-term veterans don’t like the current price isn’t enough to make this an urgent issue. Arguably, the historical prices were too low and perhaps ANet went overboard in increasing the demand. That suggests that it’s better for ANet to go very slowly in addressing this, finding a way to rebalance the mix of things that depend on m-coins.
Since a lack of coins on the TP seems to be the main focal point now, maybe the problem could be lessened if YOU sold all of your coins. I see people making the assumption that too many people are “hoarding”, but maybe it’s just the fact that tons of people are doing the same thing you are, just trying to buy something. I see a lot of hypocrisy in this thread. No one can save coins for their own interests, but you can.
I’ve never used a coin in the years I’ve played this game on and off, and if I decide to sell or spend them down the road, it’s not really anyone’s business but my own. What I got from the OP was you now have buyers remorse with no way of refunding anything, and you don’t have the gold to buy what you want, or pay the price you want.
You do not deserve these coins any more than anyone else that plays this game. You have multiple avenues of acquisition. YOU choose to avoid some, and that is fine, but don’t complain about limiting yourself. If you wanted to make real life money for something you wanted, would you spend frivolously during the process of saving, or would you, maybe, get a second job? This market may be in a game, but it is based on a real world market, and surprise surprise, it works like one, too (supply and demand). Even more surprisingly, some people understand and know how to work the market.
@Illconceived – I agree that there are other options, and that no one needs any of the skins that require MC. I’m just trying to explain why I think that something should be changed about them. Whether its the recipes or the supply
Mystic Coins are used to make luxury skins/items; they aren’t required to play the game.
That makes them like 99% of the stuff in gw2. In the end, this game is all about luxury items. Nothing is really required.
This is especially helpful for new players who aren’t ready to start worrying about the extra-shiny acquisitions.
Helpful in the short run (though not so much, the MC trickle is so slow that it won’t be significant for a single-account new player), but in the end every one of those players (assuming they will continue playing) will get to the point where they will want them. Except the coins will cost more then (the price keeps rising, and ther’s no indication that this is going to change).
Their small short-term gain will be a big long-term loss – but they won’t have enough information yet to realize that.
Imo this is the worse part about prohibitive pricing. New player retention. In the short term yes it helps, but in terms long term retention it accomplishes the opposite. That is the real issue for me. I could care less how much I can make off these from my multiple accounts if it’s keeping other players from enjoying the game ie playing more.
Something desperately needs to be done. So many older recipes treated mystic coins as worthless and demanded them in hefty amounts. Now most of those recipes and items are unobtainable due to the daft coin price.
And it is only going to go up, up up unless someone makes changes.
Something desperately needs to be done. So many older recipes treated mystic coins as worthless and demanded them in hefty amounts. Now most of those recipes and items are unobtainable due to the daft coin price.
And it is only going to go up, up up unless someone makes changes.
your confused about supply and demand. If prices are going up and up then people are hording or using their coins, if you spent all yours you need to earn more, that’s the answer. Incidentally something has already been done, Anet increased supply (through daily rewards) and introduced items that use coins – guess why you want more coins..
“Trying to please everyone would not only be challenging
but would also result in a product that might not satisfy anyone”- Roman Pichler, Strategize
Maybe ask Santa for some coins….?
I hear he appears in Divinities reach by Tixx’s dungeon, to give to all the creatures of Tyria when Christmas looms closer.
The Tiny Yuno Sniper of Ebay [EBAY]
Mystic coins are back down at 93s and you can put in buy offers for 84s.
The market is working exactly as it should and there is no need for any market intervention by Anet.
Anet increased supply (through daily rewards) and introduced items that use coins – guess why you want more coins..
Actually, daily rewards introduce less mystic coins compared to before. So, Anet has reduced supply and increased demand. With completely predictable results.
Remember, remember, 15th of November
I’ve never used any of my mystic coins since beta…. so what do folks need them for? They aren’t used in first gen legendaries… but show up in the mystic tribute…. what else are they good for?