Q:
How do I read the Gem-to gold/Gold to gem screen?
A:
Imagine it like a stock. The time increases from let to right, the little up and down bar shows the price variation. It list the lowest its been in the past day and the highest and then it shows the average. it goes by server time, so turn on your ingame clock via the options if you want to know. More people buy gems the price for gems goes up, more people that sell gems for ingame cash, it goes down. So theoretically speaking, you could “invest in 200 gems” for 50 silver, wait a bit and sell it back when the price per gem is higher and make 15 silver if you’re lucky.
Okay, but I still don’t understand it. At the end of the graph it says Thu 10PM and I’m guessing the end of the graph is… the current time but it’s actually 3:13 server time. So… is it a projected thing or what?
How and why does the price fluctuate?
int Fact (int n) {
int temp; if (n <= 1) return 1;
temp = n * Fact(n – 1); return temp; }
int temp; if (n <= 1) return 1;
temp = n * Fact(n – 1); return temp; }
How and why does the price fluctuate?
Because people buy gems with real money. Thus the price of gems in gold fluctuates, it goes up because people are guying gems so it makes them more valuable. When it’s low, less people are buying gems. Like the guy said up there, kind of like an in-game stock market with one stock type lol.
What’s confusing me is if the two are tied together. I mean:
The lower the gold/silver value in “Gold to Gem” market means higher Gem return per gold/silver.
The higher the gold/silver value in “Gem to Gold” market means higher gold/silver return per gem.
So for Gold to Gem – the more players exchange their gold to gem, the value will get higher on the next market update, correct? So what does the “Gold to Gem” market use to determine that it should go down?
The same with the Gem to Gold market – the more players exchange their gem to gold, the value will get lower on the next market update, correct? So what does the “Gem to Gold” market use to determine that the price should go up on the next update?
In-real life market, the exchange rate for USD to Euro and Euro to USD is the same. However, in GW2, the exchange rate for Gold to Gem and Gem to Gold are different. So that’s what’s confusing me.
Or am I getting this all wrong? Or I missed to factor in something?
Thanks in advance for the explanation.