Gem prices are at an all time high. - Page 2 — Guild Wars 2 Forums

Gem prices are at an all time high.

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  • People are cashing out their gold. The game is on its way out now and everyone knows it. No longer any reason to save gold. Might as well blow it all and have the last bit of fun before maintenance mode starts.

  • @wickedkae.4980 said:
    People are cashing out their gold. The game is on its way out now and everyone knows it. No longer any reason to save gold. Might as well blow it all and have the last bit of fun before maintenance mode starts.

    everyone? happen to have a crystall ball or just pulling things out of your back?

  • yann.1946yann.1946 Member ✭✭✭✭

    @wickedkae.4980 said:
    People are cashing out their gold. The game is on its way out now and everyone knows it. No longer any reason to save gold. Might as well blow it all and have the last bit of fun before maintenance mode starts.

    This makes no sense with the information that we have atm. Their is a whole new season coming

  • The claim that ArenaNet manually changes the price of gems isn't really a far-fetched conspiracy.
    The gem/gold exchange isn't a market. You never choose how much to sell your gems or gold for. So the prices have to be driven by something else that isn't the market, most likely some algorithm that they have control over.

  • lare.5129lare.5129 Member ✭✭✭
    edited September 10, 2019

    Ofc should algorithm help it, and this is very ok. Price should grow up.
    If I want buy leg weapon this is will coast about 100 euro may be 50 eu for wep can be better .. I think price ok. So gem price should UP
    Sell it more cheaper ? 1 euro = 1 leg weapon or 1000 eu = 1 weapon?? We talk about that?

  • FitzChevalerie.1035FitzChevalerie.1035 Member ✭✭✭
    edited September 10, 2019

    @Danikat.8537 said:

    @crepuscular.9047 said:

    @DarkNighT.7319 said:

    @Linken.6345 said:
    Still the aniversery saile going on bud so

    even without the sale the gemprice is stupid high, which is made worse by the fact a lot of materials are worth nothing compared to the old days.

    just seasonal fluctuation, and a display of amount of liquid gold floating around the economy

    my view is gold -> gem needs to be high for anet to make money, and to survive
    if players can get too much gemstore items without micro transaction, anet will go broke

    It also means it's relatively cheap to buy gold with real money legally through the game itself, which means players are less likely to go to an illegal gold selling site to get it. (I haven't seen gold seller spam in-game for months, but I assume they're still around because I've never heard of any game completing eliminating them.)

    Yeah nah.
    for 100$ I can get 8000 gem from ANET which translates to 2300g
    https://gw2efficiency.com/currencies/gems?filter.conversion_type=moneyToIngame_gems&filter.conversion_input=8000

    whereas, some gold sellerpal will get me 3300g for that amount.
    you'll convince the casual to buy gems, but the tryhard to whom its the 100th mmo he plays he's going to pal
    gold spammers are still around,. they dont spam on LA anymore, but they are still there.
    Economy of most mmos revolve around that.
    Nearly impossible to block every single bot and every single gold buyer/seller

    as an aside its not illegal to buy gold .
    It's against ToS sure thing, but it's not against the law

  • Dayra.7405Dayra.7405 Member ✭✭✭

    @FitzChevalerie.1035 said:
    as an aside its not illegal to buy gold .
    It's against ToS sure thing, but it's not against the law

    That depends on the source of the gold. if it is really farmed it’s only against the ToS, but most gold comes from hacked accounts and trading stolen goods is against the law.

  • The seller may or may not be acting outside the law.
    the buyer isnt responsible from where it comes from though

    You won't go to jail for buying "illicitly gained" gold

  • Dayra.7405Dayra.7405 Member ✭✭✭
    edited September 10, 2019

    @FitzChevalerie.1035 said:
    The seller may or may not be acting outside the law.
    the buyer isnt responsible from where it comes from though

    Wrong in several countries: https://en.wikipedia.org/wiki/Possession_of_stolen_goods
    Important is usually, if you know or have to assume that it is stolen.
    And if you buy from an Gold-seller you have to assume that it is from hacked accounts.

  • Clyan.1593Clyan.1593 Member ✭✭✭

    Game needs a HUGE gold sink. And one that will stay, not just a onetime thing.

  • Danikat.8537Danikat.8537 Member ✭✭✭✭

    @FitzChevalerie.1035 said:
    as an aside its not illegal to buy gold .
    It's against ToS sure thing, but it's not against the law

    I'm not sure about other countries but in the UK it's illegal to sell anything which doesn't belong to you, and since the contract you have with Arenanet says you don't own the gold on your account (or anything else) it's illegal to sell it. You might have a hard time getting individual cases to court (especially since the gold sellers are almost certainly not located in the UK) but that doesn't mean it's legal.

    And as other people have said gold sellers often get their gold by hacking accounts or using fake or stolen credit card details, which is very definitely illegal.

    Danielle Aurorel - Desolation EU. Mini Collector.

    "I know that I'm born and I know that I'll die, the in-between is mine."

  • Dayra.7405Dayra.7405 Member ✭✭✭
    edited September 10, 2019

    @Danikat.8537
    since the contract you have with Arenanet says you don't own the gold on your account (or anything else)

    Good point I forgot that.

  • Rasimir.6239Rasimir.6239 Member ✭✭✭✭

    @Clyan.1593 said:
    Game needs a HUGE gold sink. And one that will stay, not just a onetime thing.

    This far into the game's lifespan the only gold sink large enough to touch the wealthier veterans would likely lead to newer accounts never getting a foot in the door but being perpetually broke. Actually the gold to gems transfer is one of the best ways to tackle the problem, as the wealthy can spend their gold on unlimited amounts of fluff while newer/less wealthy players can play on in peace without being confronted with mandatory gold sinks beyond their resources.

    That some people don't care to spend their riches on fluff but would rather spend it on power (to gather even more riches) is another topic alltogether, and one that no gold sink in this game will ever change.

  • @Clyan.1593 said:
    Game needs a HUGE gold sink. And one that will stay, not just a onetime thing.

    That assumes Anet considers the ever-rising exhange rates a problem.

    If they did, would they keep selling items that make the accumulation of gold easier?

    Not to mention a huge gold sink would probably turn off many new players.

  • Ayakaru.6583Ayakaru.6583 Member ✭✭✭✭

    Tl;dr
    More gold ingame, lower value of individual gold

    To defeat the dragons, see the good in them.
    Zhaitan reunites lost ones, primordus creates fertile land, mordremoth spreads the green, and jormag..
    ..jormag? Who's that?

  • Danikat.8537Danikat.8537 Member ✭✭✭✭

    I think this game has done a pretty good job of controlling gold inflation, but then I tend to compare inflation in games to the early days of Ultima Online, when MMOs generally were new and no one really knew you had to worry about things like that so there wasn't really anything which took gold out of the economy. Everything, even basic items, were so stupidly expensive new players couldn't hope to afford them unless they quickly found their own items to farm and sell to other players. Desirable items like a placed house would go for millions of gold.

    Compared to that GW2 is still in a pretty good place with many items new players will need (low level crafting materials for example) available very cheaply and simple ways to make gold that don't put you into competition with other players so it's easy for new players to get started on them.

    Gems, and therefore gem store items, are more expensive than they used to be at launch but it's hard to compare exactly because gold is easier to get too, so in terms of the time required for the average player to be able to afford a gem store item I don't think the difference is as extreme as it seems.

    Also I'm pretty sure the current price is an anomaly caused by the sales and it will drop. Especially if the start of Season 5 brings in new and returning players who may well see the current exchange rate as a great opportunity to buy some gold to 'catch up'.

    Danielle Aurorel - Desolation EU. Mini Collector.

    "I know that I'm born and I know that I'll die, the in-between is mine."

  • Calvsie.3675Calvsie.3675 Member ✭✭✭

    I'm kinda surprised. I was expecting it to be more of a spike, but its progression has been fairly straight forward. Kinda curious now what happened in September of 2016...

    “You're no help," he told the lime. This was unfair. It was only a lime; there was nothing special about it at all. It was doing the best it could.”
    ― Neil Gaiman, Anansi Boys

  • Ayrilana.1396Ayrilana.1396 Member ✭✭✭✭

    @Calvsie.3675 said:
    I'm kinda surprised. I was expecting it to be more of a spike, but its progression has been fairly straight forward. Kinda curious now what happened in September of 2016...

    Anniversary sale

  • @Tulki.1458 said:
    The claim that ArenaNet manually changes the price of gems isn't really a far-fetched conspiracy.
    The gem/gold exchange isn't a market. You never choose how much to sell your gems or gold for. So the prices have to be driven by something else that isn't the market, most likely some algorithm that they have control over.

    It's not necessary to suppose some hidden algorithm which allows ANet to control exchange rates. They exercise control over exchange rates by manipulating the demand for gems and gold. They do that by introducing gem store items to the store, or by introducing things into the game that require gold.

    The thing is, they need to do both. Without a need for gems, they make less (or no) money. Without a need for gold, there is no motivation for people to buy gems with cash to exchange for gold, which means they make less money.

    So why does the exchange tend up over time, and also show spikes in the gold-to-gems rate? More gold in game over the life of the game accounts for the first. Spikes in the availability of store items due to new/returning stuff plus sales accounts for the second.

    That's all that is needed to explain exchange behavior.

    Those who cannot remember the past are condemned to repeat it. -- Santayana

  • @Randulf.7614 said:
    It should be a sign people are using gold to gems more to buy old seasons and the the current new horizons packages.

    It is a sign that people are using gold to gems more than gems to gold. Nothing more. It doesn't even tell us anything about the quantity of gems bought/sold - only the ratio.
    Why that happens may be a result of multitude of factors, so we cannot really say what it means without the wider context.

    TL/DR;
    No, it doesn't tell us anything about the health of the game.

    The whole point of a social game is to play with the people you want to play with, not be forced to play with the people you don't.

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