How to make ascended armor
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The time gate is account wide. It’s a timer on one component needed to make final components (eg a spool of thread for a damask bolt; you can make as many bolts as you have thread, but only make the thread once a day, resetting at game reset time). The final components, such as damask bolts, can be sold on the TP so if you have the coin you can just buy them without waiting.
For a shopping list, look at http://wiki.guildwars2.com/wiki/Ascended_armor#Crafting
Every ascended weapon needs 500 of bloodstone dust, empyrial fragments and dragonite ore. Same for ascended chest piece.
The five other armor pieces only need 200 of each of the above.
So a full ascended armor needs 6 stacks of each.
For Globs of Dark Matter: You need 5 for every ascended armor piece / weapon.
For everything else: For armors, you need tons and tons of expensive silk scraps. A full armor set costs at least 500 gold, I’d guess (light ones even more because silk is so expensive! maybe 600-700 for light ascended armors). Though it depends if you craft everything for yourself or buy things from the trading post. Weapons are around 60 gold/piece, even though it depends on the type (more wood, more steel… bows need leather, too).
The timegate only applies if you craft everything for yourself. The timegated items are the ascended raw materials (Bolt of Damask, Deldrimor Steel Ingot, Elonian Leather Square, Spiritwood Plank). You need 3 Bolts of Damask for every armor inscription, plus some for the other armor ingredients. A full light ascended armor needs around 36 Bolts of Damask alone, so if you don’t want to buy them on the trading post (13 gold per bolt) you have to craft at least 36 days for a full armor.
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The timegate only applies if you craft everything for yourself. The timegated items are the ascended raw materials (Bolt of Damask, Deldrimor Steel Ingot, Elonian Leather Square, Spiritwood Plank). You need 3 Bolts of Damask for every armor inscription, plus some for the other armor ingredients. A full light ascended armor needs around 36 Bolts of Damask alone, so if you don’t want to buy them on the trading post (13 gold per bolt) you have to craft at least 36 days for a full armor.
Actually, a small clarification, the time gated components to the mentioned above. It’s a much easier task to create the timegated Ectoplasm Refinements pieces daily and bank them while you acquire the other materials (looking at you Linen).
While the final components are essentially timegated due to the limiting agent, it can be easier, and cheaper, to just make the Ectoplasm Refinements .
It should be your priority to make sure you do the Ectoplasm Refinements as often as you can – ideally, daily.
Edit: A comprehensive guide can be found at -
http://dulfy.net/2013/12/12/gw2-ascended-armor-crafting-guide/
(edited by Mourningcry.9428)