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AnonBackStabber.8536
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Mystic coin conspiracy
AnonBackStabber.8536
Member ✭✭
Right now, there is a 300,000 order for mystic coins at 1.8g. It obviously has to be from the same person - I mean, who would order a mere 50 or 100 coins, on the end of a 300k fifo queue (they'd bid it up 1c). If I calculate correctly, that's at least 3 different accounts with the gold capped at 200k. I guess it could be some sort of guild team that's doing it...
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I heard it is from these self proclaimed trade barons, want to spite the rest of the gamers. Anet should stop it and ban them all.
It's not against the rules to manipulate prices on the TP.
There's a post about this on the Reddit, Apparently there's some drama going on between the rich players
A lot of people do match the current price rather than going above it.
According to GW2 Spidy earlier today there were buy orders above that price, and before that the price for both sell and buy orders was lower. Also I've been watching the price and volume of buy orders while writing this post and the number of buy orders at 1.8g is dropping steadily, so they are selling. To me it looks like 1.8g is about the limit of what most buyers are willing to pay, at least for now. The price has previously been lower than that and has never been much higher so it's reasonable to expect it will drop again and all the buy orders at 1.8g will be met sooner or later. Why pay more than you need to, unless you really need it right now (and if you need it right now why not use the buy instantly option?)
But also lets flip the question on it's head: Why would 1 person devote all the gold it's possible to have on 3 accounts to placing buy orders on Mystic Coins at the current market rate? What does that gain them apart from a lot of Mystic Coins?
Danielle Aurorel, Desolation EU. Mini Collector
"Life's a journey, not a destination."
Buying stuff is a conspiracy and should be banned!!!
They should make Mystic coins craftable, preferably using spirit shards and other mats.
Aurora Glade Diamond Legend [VV]
Ultimate Dominator
Who says it is all their gold? And it gives them access to most of the games mystic coins, does that sound good?
"What does that gain them apart from a lot of Mystic Coins?"
It gains them a lot of extra loot when legendary account gear goes live. There are very limited sources of mystic coins, yet a lot of uses for those mystic coins.
https://wiki.guildwars2.com/wiki/Mystic_Coin
"The Mystic Clovers needed for first generation legendary weapons and legendary backpacks require approximately 231 Mystic Coins to craft.
Second generation weapons and legendary trinkets require approximately 481.
The Mystic Clovers needed for a set of legendary armor requires approximately 273 Mystic Coins to craft."
Edit- https://wiki.guildwars2.com/wiki/Login_rewards
"A full cycle will yield the following total rewards:
20 Mystic Coins"
And choosing one of the end chest rewards gives you...
"7 Mystic Clovers"
And Mystic Clovers are time consuming to obtain as well, that is if you don't go the Mystic Forge route which requires Mystic Coins...
https://wiki.guildwars2.com/wiki/Mystic_Clover
...People are banking on the fact that Anet will not add in more options to obtain Mystic Coins.
https://en-forum.guildwars2.com/discussion/62658/alliance-design-that-stops-the-qq
https://en-forum.guildwars2.com/discussion/62555/putting-fun-back-into-designs-and-balancing
https://en-forum.guildwars2.com/discussion/9804/idea-wvw-only-movement-skills
I doubt it will have much of an impact. People who want to buy can put an order up for 1.8001 gold to get MCs before the 1.8 gold buyer. If they do want them faster, more people can do the daily Ley Line Anomaly event and get an additional 30 coins a month on top of their 20 from login bonus and the ones from Mystic Coin dailies. In general, higher prices encourage others to farm the event or sell the ones in their stash which bring the supply back up.
Be careful what you ask for
ANet might give it to you.
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Until it is a whole new ball game for mats when the legendary gear changes drop.
https://en-forum.guildwars2.com/discussion/62658/alliance-design-that-stops-the-qq
https://en-forum.guildwars2.com/discussion/62555/putting-fun-back-into-designs-and-balancing
https://en-forum.guildwars2.com/discussion/9804/idea-wvw-only-movement-skills
Until...
Which is sometime in the unknown and speculative future and doesn’t really relate to the current prices and supply.
My personal opinion is that trying to control the price/supply of this item, like this person is allegedly doing, is spitting in the wind. This isn’t a real item with a finite supply but a virtual item which is manufactured out of thin air everyday and the supply on the market can fluctuate greatly from people selling their stash (of which ANet has already said there are large numbers sitting in banks) and increased numbers of people doing the Ley Line event. I do that one each day and it has hordes of people already at every time, sometimes multiple maps worth. Like any item where the supply is flexible, increased prices cause more to appear on the trading post and prices to drop.
imo, anyone who attempts to control prices on this item with a large buy order and then hoarding will find out his attempt will be a blip on the market and then nothing... as the coins continue to flow in.
Be careful what you ask for
ANet might give it to you.
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I hear the gov'ment done it!
So they're buying up mystic coins at a time when they're almost the most expensive they've ever been, in the hope that they'll be even more expensive in future? It sounds like a very risky strategy to me, but I'm hardly an expect on playing the TP. But even so it's not something which requires a conspiracy of some sort, and it's not against the rules. It's just lots of people speculating on the same item at the same time.
If that is the case then I'm even more sure the price will go back down, once the people willing and able to do so have bought their stock to hoard until they can sell them on.
Danielle Aurorel, Desolation EU. Mini Collector
"Life's a journey, not a destination."
Dunno, right now the order is the current supply times 10..
If my choices are farm something or pay a ridiculous amount for it then i'll farm it and take the time hit.
Sometimes prices go beyond the value of the item and it's an instant nope for me.
Greedy people ain't getting my hard earned gold lol
What sleep is here? What dreams there are in the unctuous coiling of the snakes mortal shuffling. weapon in my hand. My hand the arcing deathblow at the end of all things. The horror. The horror. I embrace it. . .
Here I am with my 1k gold feeling rich....until you realize how much gold some players really have....
A lot of what they have isn't gold, it's items. Which is actually true for any player.
I have about 41g right now, but according to GW2 Efficiency I have just over 1,500g in 'liquid gold' - stuff I could sell, the vast majority is materials in storage. I guess for very rich players the majority will be infusions and other very expensive items, but it's still the same idea.
If you measured it that way you'd have a lot more than the gold in your wallet, it's just harder to keep track of unless you use a site like GW2 Efficiency to do it automatically.
Danielle Aurorel, Desolation EU. Mini Collector
"Life's a journey, not a destination."
yes, and no. I also sometimes bid in some price, and is more more than 100 item, and wait it long long time sometimes .. Is this currently MC ? no.
Can do that same wiht MC? OFC YES. So let me add more value this theory.
want solid balance ? - play chess.
Correct, until.
I, personally, do not underestimate the effect on mats given that the Legendary Armory will be the single biggest QoL gearing feature this game has had. And with limited/low acquisition rates of Mystic Coins, it's easy to see why any "high roller" wouldn't hedge their bets on Mystic Coins in preparation. And it's unlikely that the devs will add in a bunch of new ways to get Mystic Coins, so those bets are probably safer to make, especially if someone has that type of gold to play around with.
https://en-forum.guildwars2.com/discussion/62658/alliance-design-that-stops-the-qq
https://en-forum.guildwars2.com/discussion/62555/putting-fun-back-into-designs-and-balancing
https://en-forum.guildwars2.com/discussion/9804/idea-wvw-only-movement-skills
True, given the gold limit in GW2 per account is 200.000 gold (aka actual gold you can hold in your wallet), it makes it a necessity to diversify into materials and items.
That has absolutely no bearing on what @waxx.3619 said that having 1,000 gold can be insignificant once you realize there are players out there with both more than 200 times that amount in actual gold AND assets worth in the millions. So no matter how you look at this, there are players to whom 1,000 gold are not even chump change.
That's without considering alt or bank accounts, which I can almost guarantee are in use by some players who have this amount of wealth. Which extends the actual amount of gold in a players possession, simply spread out over multiple accounts.
Then again, one can be perfectly happy with ones own wealth if a player manages it in a way that he enjoys the game. I would hope most players care about their personal spending and enjoyment than someone else's "wealth". So from that angle: just don't worry about it.
That is not necessarily true. If you assume they are buying and selling on the TP then that is true but if they are buying on the TP and selling outside then it can be quite safe. For example, buy the coins at 1g80s and resell for 1g81s. The profit is only 1s per coin but with 200k coins that is still 2000g. For the buyer it would be ~5% discount versus TP sell prices. The gold being tied up in the order is also mostly irrelevant because that can be cancelled at any time.
this is recreated resource. If someone play, and don't look special way find MC anyway CM will come whit daily login. And if don't craft leg weapon from T2 I don't see any reason to keep it.
want solid balance ? - play chess.
I would be pissed to be banned just because I ordered a lot of mystic coins. Meanwhile, harrasment, stalking, even hacking goes on, but something like trading is worth banning instead? Sounds so stupid to me.
Yesterday some annoying player announced he got 2 Chak infusion buy orders filled. Im like eff this guy bragging about 20k gold in map chat so I blocked him. Then I looked at the chak buy orders and so many were gone and as low as 6000 for condi and 7200 for power and I was like kitten is going on. Then the reddit thread explains it. One guy dumped like 40 chak infusions even filling lower 1-3k gold orders so a ton got chak infusions yesterday and a few at bargain prices.
Oh the MC thing supposedly it's that same guy w the 200k buy order up
WvW band wagoners ruin the game mode just like Karen's ruin these forums.
Should be banned for RMT.
That can be a bit sketchy as well. One of my characters is listed as having 390g liquid gold but if I check the character's bags there is less than 80g of stuff.
300'000 MC's isn't as much as it sounds
How many people play GW2 currently active? Lets say 600'000 (NA+EU)
each of them get 20 a month so it's a 1/40 of the monthly MC production
Every day more than 300'000 are produced by simply login into the game
If they have enough space to store them
It doesn't matter how it sounds to you. Anyone that thinks they can corner the market on a material Anet simply gives away is foolish to begin with.
If you're on a highway and roadrunner goes "beep beep"
Just step aside or you might end up in a heap
RMT is selling GW2 gold or items for real world money. Listing 300K gold in bids for mystic coins doesn't come anywhere close to that.
I don’t think the current supply (~49k) in the trading post has much effect. Most of them are far above the highest price a Mystic Coin has ever sold and will probably never sell. What is important is the incoming supply that sells in one day. The large buy order has already dropped down to 280k+ from the 300k+. That means a minimum of 20k has arrived on the trading post and quickly sold since the big buy order was listed about a day ago, (actually more because the ones that sold for more than 1.8 on both buy orders and sell orders don’t show on the snapshot I’m looking at). Assuming that this a usual number of MCs, once that buy order is filled then 20k+ will still be flowing in each day and the prices will reflect that.
Be careful what you ask for
ANet might give it to you.
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This problem exists because back near the start of the game, many items like Mystic Coins, Silk Scrap, Thick/Hardened Leather Section, Quartz Crystal were all worthless and players pretty much vendored them. This meant that you could sell thousands of MCs to an NPC every month, but some people instead made alot of alts or secondary accounts and then stacked these worthless items on them.
To put this into perspective the original Sell price for MCs was around 1 silver, so 250 of them was only 2.5g.
As a result, ever since the value of materials has been improved over time (especially MCs and T5/T6 leather), some players are sitting on literally millions of gold with having done nothing, not even TP flipping, just from hoarding by instinct.
The current number of ways to obtain MCs is balanced by the fact that the devs can see the numbers of these materials siting in player's banks, etc. I once even saw an entire guild bank full of MCs (literally tens of thousands of them), because of how easy it was to level a guild bank on the old guild system. Its the same for leather, and why we have little sources of it beyond the Lake Doric farm.
And that's just the ones I remember, there's probably alot more.
These players did nothing wrong, and there's not alot the devs can do about it except encourage these players to sell their stashes back into circulation. The players obtained them fair and square, even in the cases where it was just by sheer luck.
Even if this player bought 300k coins it wouldn't even put a dent in the actual supply and demand.
Hannah | Daisuki[SUKI] Founder, Ehmry Bay, NA | 22 charas, 17k hours, 28k AP | ♀♥♀
Mains Mariyuuna/Auramancer(PvE) & Terakura/Healbreaker(WvW) aka Sea of Sorrows Silver Assaulter [SUKI]
No need to be best, only good and kind.
As for my vision it looks like fake? At first not not needed for each leg. It needed ONLY for leg weapons from T2 tiers ONLY
no. It is require approximately 0 Mystic Coins to craft.
only 250. Also keep eye that the T2 leg is Account bound, so Do some magic business it not have way. Make for myself only mode and any speculation is blocked by realization.
also it a little bit FAKE. It not need any MCoins to craft. Have many legendary sets and no one require MCoins
All that notes exist on in point of view if person try forge Mystic Clovers from Mystic Coins. It is very strange idea.
want solid balance ? - play chess.
MCs should be more accesable in general. The information that "players have thousands of stacks of MCs bunkered away somewhere" is many years old at this point. I never got why they removed the MCs from daily rewards anyway.
Why bother, just delete the official Forum.
From what was being said on twitch last night, this player could have easily pushed the price up to 2.5g and held it there for months, technically they didnt do anything wrong, aslong as the gold on their account was legit and earned ingame, they are free to do what they want with it, but it should highlight finally that just a handful of players can completely dominate this game market as and when they choose too, and nothing will change that.
If indeed this player is doing this to spite a few other barons, then id watch for when that 280k coins its dumped back into the market, as the player in question could also make MC's worthless.
Don't say what you mean, it will get you in trouble.
Worthless to whom? I would think that a lot of players would welcome MCs back into the economy at a significantly reduced price.
I am a very casual player.
Very.
Casual.
And then the coins will be almost immediately be scooped up at bargain prices by all the people who want cheap MCs to craft items and by all who will relist them for a higher price.
Be careful what you ask for
ANet might give it to you.
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T2 leg weapons and leg trinkets require MC.
Mystic Clovers are very time consuming to obtain.
Legendary Armory will come. Demand for items will increase. MC cost will go up from demand and if methods to get MC don’t change.
Don’t underestimate the power of Legendary Armory.
https://en-forum.guildwars2.com/discussion/62658/alliance-design-that-stops-the-qq
https://en-forum.guildwars2.com/discussion/62555/putting-fun-back-into-designs-and-balancing
https://en-forum.guildwars2.com/discussion/9804/idea-wvw-only-movement-skills
from dayli login we get 260 per year. So it easy do 1 leg trinket per year, and MC till be more than you need. ..
?? don't think so. This is can be some problem only if player don't play wvw or pvp, and don.t run drizzlewood meta each day. For fractal players also +2 clover eash day mostly for FREE.
who knows? And again - if not craft T2 weapons - per dayli login player earn more, than can spend for trinkets ..
I don't know no one player who play gw2 not have already 3 leg sets and some trinkets ..
If mcoin need only for clover and t2 weapons don't see any reason to up price more.
don't try find tie between m-clover and m-coin. After some range there is no any poin spend gold for m-clover, you get it without any TP manipulation from reward tracks.
want solid balance ? - play chess.
I don't. But that is due to my not chasing legendaries.
For me, selling mystic coins is a nice profit.
I am a very casual player.
Very.
Casual.
should be like Laurels 55 mystic coins per month.
I already said it takes time, and all you are doing is reinforcing that... You supporting my argument.
Just an example of what you are saying. No, I'm not going to go into the specifics of exact numbers... "from dayli login we get 260 per year." Per YEAR... 1 per YEAR. A YEAR...
And most of the PVE player base does not wvw or spvp.
"meta each day"... grind each day for a few.
As stated. Lots of TIME to do it without the use of MC for MClovers. Period.
It is MADATORY to use MC for T2 leg and leg trinks. PLUS MClovers.
"don't try find tie between m-clover and m-coin.". They are intertwined already.
What do you think Leg Armory no big deal??? Yeah...
https://en-forum.guildwars2.com/discussion/62658/alliance-design-that-stops-the-qq
https://en-forum.guildwars2.com/discussion/62555/putting-fun-back-into-designs-and-balancing
https://en-forum.guildwars2.com/discussion/9804/idea-wvw-only-movement-skills
for people who play from start, and play other mmo games the caps "YEAR" look strange ..
so for that we it split PVE-player for fractal player, whey close cms, also additional source of m-coins, and grantee buy 2 m-clovers, 3 cms give more that 2 m-coin per run, so aprox they have more m-coins than can spend for vendor. Another part have same liked way do Drizzle meta nd get free clover from that PVR track.
so that it is PVE? this i grind. And why few days ? Few years !
yes, it is legal, if price is low. And from start.
yes. I am already have all trinkets, wihtout any mc buy on TP. I am only see it sometimes. Don't have plan craft t2 leg. Have alot of m-clover, and fro that I can spend MC, which I get from cms and login?? I want find logic why someone think that current source of mc is not enough..
only if m-coin is cheap. If it aprox 2 gold that we point spent for that that you will get anyway from login ?
I am not sure and I don't know how it will be created. Devil in small things .. Also most active player anyway have more than 3+ sets.
want solid balance ? - play chess.
Interesting bubble you live in... and completely out of touch with the majority of the playerbase.
Aurora Glade Diamond Legend [VV]
Ultimate Dominator
It was so nice when they used to cost 1.15-1.20g
Then trading guilds started using it as currency and the price shot up...
I personally blame Anet for having items worth more than their TP can handle and for not introducing some garbage tradeable trash item with a fixed price to replace mystic coins which the rest of us needs to craft stuff...
"Leaderboard Rank 8,332" from gw2efficiency. So I am not of out of touch. So we have mostly active players count - 8,332 who a more and more up. So I am on middle, but not TOP by that abstract measurement.
? why if you sure that you need Mistic Coins you can easy buy Gems, change to gold, and buy that ASAP from TP. Don't see any problem and reason blame.
want solid balance ? - play chess.
I'm rank 2,118 and higher than 99% of all registered accounts there. rank 8k is what, 95% higher than all accounts? You are literally proving his point.
If you bothered to check the unlocked legendary skins, you'd see that among the 0 - 1000 or 2000 hour accounts the mean is 1 legendary and the median is 0 legendary skins unlocked.
The vast majority of players does NOT own multiple legendary items, not even 1. Unless you want to make the argument that the vast majority of players are all 5k hour+ accounts.
I keep hearing that about MCs ever since their value went past 50s. And yet, it continues to rise.
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.
And it will continue to rise considering lege armory was announced.
Some people went into overdrive and are already crafting every lege they can nowadays... Imagine what happens when it actually releases.
Trading guilds manipulating prices of an essential crafting item and using it to trade with is mildly put a huge bother on top of that.
96
I have "You have 0 of 18 (0.0%) skins matching the filter." I not calculate spvp and wvw skins??? LOL I don't think that this is some value that we have look and make attention. Or you mean armory will works only wiht raid set ? This is also not motivate me craft them ..
want solid balance ? - play chess.