Mystic coins price is out of control

[Eloc Freidon.5692]

@Shiyo.3578 said:They are 1.49s insta buy 1.42s buy order and constantly going up with no decline in sight.

Can you please add more ways to get this item? It's making legendaries more expensive to make and the only unfarmable item for legendaries in the game.

It makes it very unfun to make legendaries when this items price is high.

The price hike is a regular occurrence. Were you here at the end of Season 3 when they released 3 legendaries at once? Even T6 mats were up to 50s each (Totems and Blood).

[Shiyo.3578]

@Magnus Godrik.5841 said:MC are going up but t6 mats are going down. They ahve introduced 3 new legendaries within 6 weeks. The gs the vision and today probably coalances. You can farm amalgamated gemstones easy now getting 10 per day now on the metas. With that being said you can sell them to buy MC. Whem they go over 2g then it might be concerning but for now it waa expected.

If what you're selling is going down in price, while what you're buying is going up(because it's literally unfarmable), there is an issue.

Mystic coins are an issue because you cannot farm them.

[ProtoGunner.4953]

@Obtena.7952 said:This complaint doesn't make sense ... MC prices are controlled by market demand and supply. If you think they are too expensive because you want to buy them, there are people that think they are too cheap because they want to sell them. The price on the market is a balance between those ... it couldn't be any MORE under control than it already is.

Only that anet introduced a much higher demand with HoT due to legendary 2.0 needing an additional 250 coins and also for stuff in the guild hall. It was made scarce. They used to be dirt cheap (too cheap maybe). That said, instead of this the T6 mats were much much in higher demand back then.

[Brynioch.1873]

@Shiyo.3578 said:

@Magnus Godrik.5841 said:MC are going up but t6 mats are going down. They ahve introduced 3 new legendaries within 6 weeks. The gs the vision and today probably coalances. You can farm amalgamated gemstones easy now getting 10 per day now on the metas. With that being said you can sell them to buy MC. Whem they go over 2g then it might be concerning but for now it waa expected.

If what you're selling is going down in price, while what you're buying is going up(because it's literally unfarmable), there is an issue.

Mystic coins are an issue because you cannot farm them.

The price is completely fine.

Also you can farm them. Leyline-Anomaly and WvW chests are reliable sources of coines. Fractal dailies and 99/100 cm can also award them.

[zealex.9410]

@Shiyo.3578 said:

@Hashberry.4510 said:Need some items that will not rapidly deflate. You may know you can at least get one per day from the ley line anomaly. Good luck.

Only 500 days for a single gen2 or gen 2.5.

You also get 2 or so g from dailies so thats 250 days.

[Shiyo.3578]

@zealex.9410 said:

@Shiyo.3578 said:

@Hashberry.4510 said:Need some items that will not rapidly deflate. You may know you can at least get one per day from the ley line anomaly. Good luck.

Only 500 days for a single gen2 or gen 2.5.

You also get 2 or so g from dailies so thats 250 days.

Unfarmable item. If everyone is buying them, the demand outstrips the supply thus price goes up. economy 101

[Ayrilana.1396]

@Shiyo.3578 said:

@zealex.9410 said:

@Shiyo.3578 said:

@Hashberry.4510 said:Need some items that will not rapidly deflate. You may know you can at least get one per day from the ley line anomaly. Good luck.

Only 500 days for a single gen2 or gen 2.5.

You also get 2 or so g from dailies so thats 250 days.

Unfarmable item. If everyone is buying them, the demand outstrips the supply thus price goes up. economy 101

Not everyone is buying them.

[DeanBB.4268]

As someone with multiple accounts and 500 saved in storage, I think the prices are great!

[Shiyo.3578]

@Ayrilana.1396 said:

Not everyone is buying them.

Incorrect, everyone who needs them is buying them because they cannot farm them. Unfarmable item.

[Ayrilana.1396]

@Shiyo.3578 said:

@Ayrilana.1396 said:

Not everyone is buying them.

Incorrect, everyone who needs them is buying them because they cannot farm them. Unfarmable item.

You’re moving the goalpost. You said ‘everyone’ and not ‘everyone that needs them’.

It is very much farmable as there are several acquisition methods provided multiple times in this thread.

[Turkeyspit.3965]

@Shiyo.3578 said:

@zealex.9410 said:

@Shiyo.3578 said:

@Hashberry.4510 said:Need some items that will not rapidly deflate. You may know you can at least get one per day from the ley line anomaly. Good luck.

Only 500 days for a single gen2 or gen 2.5.

You also get 2 or so g from dailies so thats 250 days.

Unfarmable item. If everyone is buying them, the demand outstrips the supply thus price goes up. economy 101

You have guaranteed access to 625 Mystic Coins a year.260 coins from daily logins (20 coins per 28 day cycle repeated 13 times per year)1 coin per day for defeating the Leg Ley Line Anomaly.

This doesn't include Daily Mystic Forger, Reward Chests from Fractals, Weekly Skirmish Reward chests from WvW, or awards from PvP Tournaments.

So the MC is indeed farmable, you just don't like the available methods to farm them.

According to GW2Efficieny, starting from nothing you can craft Exordium using approx. 484 Mystic Coins, which means roughly 70% of what you can earn via the methods above. So 1 Legendary per year. If you want to craft more than 1 legendaries in that time span, then start doing high level fractals, spend time in WvW, or be successful in sPvP.....or just buy them off the TP from players who do those things, but aren't working on legendaries.

In any case, this isn't a problem, as you have multiple paths available to get mystic coins. That you don't like these paths isn't a flaw in the design.

[Captain Prinny.6492]

@Shiyo.3578 said:

@zealex.9410 said:

@Shiyo.3578 said:

@"Hashberry.4510" said:Need some items that will not rapidly deflate. You may know you can at least get one per day from the ley line anomaly. Good luck.

Only 500 days for a single gen2 or gen 2.5.

You also get 2 or so g from dailies so thats 250 days.

Unfarmable item.

Incorrect statement. "Farm" the legendary Ley-Line Anomaly for 1 MC (dunno if per account/day, per event/character since I didn't bother doing it more than a couple of times).

Took the long approach. Have 2,5k MC on the bank - never used them, if they don't add interesting sinks (interesting for me at least) I probably won't use them ever. I may be part of the perceived problem (Y U NO SELL THEM??? QQ (Honestly why should I? I don't need the gold that urgently)) I think the reality is the other way round. People are either too lazy to farm (for) them, stingy to buy them or too impatient to wait for them for free.

TL,DR:The market is balancing the surplus/demand, there are sinks and sources. The problem is not on Arenanets side but on the side of a part of the community. Nothing to see here. No fix needed, Arenanet please fix REAL not imaginary issues.

[Ayrilana.1396]

@Turkeyspit.3965 said:

@Shiyo.3578 said:

@zealex.9410 said:

@Shiyo.3578 said:

@Hashberry.4510 said:Need some items that will not rapidly deflate. You may know you can at least get one per day from the ley line anomaly. Good luck.

Only 500 days for a single gen2 or gen 2.5.

You also get 2 or so g from dailies so thats 250 days.

Unfarmable item. If everyone is buying them, the demand outstrips the supply thus price goes up. economy 101

You have guaranteed access to 625 Mystic Coins a year.260 coins from daily logins (20 coins per 28 day cycle repeated 13 times per year)1 coin per day for defeating the Leg Ley Line Anomaly.

This doesn't include Daily Mystic Forger, Reward Chests from Fractals, Weekly Skirmish Reward chests from WvW, or awards from PvP Tournaments.

So the MC is indeed farmable, you just don't like the available methods to farm them.

According to GW2Efficieny, starting from nothing you can craft Exordium using approx. 484 Mystic Coins, which means roughly 70% of what you can earn via the methods above. So 1 Legendary per year. If you want to craft more than 1 legendaries in that time span, then start doing high level fractals, spend time in WvW, or be successful in sPvP.....or just buy them off the TP from players who do those things, but aren't working on legendaries.

In any case, this isn't a problem, as you have multiple paths available to get mystic coins. That you don't like these paths isn't a flaw in the design.

As well as multiple paths to obtain mystic clovers thus reducing the total number of mystic coins that you need to obtain.

[TheGrimm.5624]

Part of the problem here is the microwave concept. People are still using coins to get clovers. That's players' faults for not farming clovers. That doesn't mean coins should be devalued, people have ways to get clovers and they choose the mystic toilet approach to get them. No sorry if anything I would still call MCs undervalued. There is nothing wrong with having items that have values and you should be happy getting as a drop.

[Ensign.2189]

Mystic Coins are the only negative beta commodity with a large total value. While its price drifted upward with the demand to craft Exodium, the flood of materials from the event boxes has kept it high - price of everything else goes down, coins go up.

It is working as intended. Coin prices being so high indicates that drop rates in general are too high and need to be dialed back.

[Brynioch.1873]

@Turkeyspit.3965 said:

@Shiyo.3578 said:

@zealex.9410 said:

@Shiyo.3578 said:

@Hashberry.4510 said:Need some items that will not rapidly deflate. You may know you can at least get one per day from the ley line anomaly. Good luck.

Only 500 days for a single gen2 or gen 2.5.

You also get 2 or so g from dailies so thats 250 days.

Unfarmable item. If everyone is buying them, the demand outstrips the supply thus price goes up. economy 101

You have guaranteed access to 625 Mystic Coins a year.260 coins from daily logins (20 coins per 28 day cycle repeated 13 times per year)1 coin per day for defeating the Leg Ley Line Anomaly.

Add the WvW ones too as they are also guaranteed. That is another 312 per year for a total of 937 guranteed Mystic Coins a year per account.

[Etterwyn.5263]

@"Inculpatus cedo.9234" said:Thanks for the reminder, OP. Just sold 1/3 of my stock for a pretty penny. :+1:

yeah I'm reading this and thinking "don't I have like over 1000 of these things in storage?" B)

[aspirine.6852]

It's a controlled market isnt it? So the price must be just right.

[Emberheart.8426]

@Miellyn.6847 said:

@Turkeyspit.3965 said:

@Shiyo.3578 said:

@zealex.9410 said:

@Shiyo.3578 said:

@"Hashberry.4510" said:Need some items that will not rapidly deflate. You may know you can at least get one per day from the ley line anomaly. Good luck.

Only 500 days for a single gen2 or gen 2.5.

You also get 2 or so g from dailies so thats 250 days.

Unfarmable item. If everyone is buying them, the demand outstrips the supply thus price goes up. economy 101

You have guaranteed access to 625 Mystic Coins a year.260 coins from daily logins (20 coins per 28 day cycle repeated 13 times per year)1 coin per day for defeating the Leg Ley Line Anomaly.

Add the WvW ones too as they are also guaranteed. That is another 312 per year for a total of 937 guranteed Mystic Coins a year per account.

I'd say that the "problem" (if you can even call it a real problem) is that mystic coins mostly drop either from activities that not many are capable of doing or from activities that are not very rewarding for your time. Fractal CMs are the least played content in GW2. Probably even raids are done more often. PvP is not for everyone. Especially since it only has conquest and the balance is not good. Ley-line anomaly is accessible but it is not among the more rewarding open world content. HoT and PoF metas are simply better. Even some of the world bosses are better for gold. Then you can use that gold to buy mystic coins, which is more efficient. If ley-line anomaly was a bit more rewarding in general, maybe it would be done more often. WvW is likewise completely unrewarding. Most unrewarding game mode.

There simply is not much incentive to farm this item because you are generally better off farming something else and buying the coins from the TP. This is not necessarily a problem, and I do not care about the current price of mystic coins. However, telling people to farm them is not very good advice in my opinion.

[Illconceived Was Na.9781]

@Shiyo.3578 said:Mystic coins are an issue because you cannot farm them.Why is that an issue?

The entire reason for their existence is the fact that they are (nearly) unfarmable. They are intended to allow people to pay for the option to make more than one legendary every 9-10 months, and for people who want to make less than that to earn some extra coin. (They are also used for a small number of other optional collections as well as group-food-recipes, which are thereby also limited.)

The biggest fallacy is the original statement

constantly going up with no decline in sight.The grey market price has been stable at 1.2g/m-coin for ages. This last week or two, it went up to 1.3g.

This is a pattern we've seen before: new legendary, spike in price as the impatient are willing to spend more (time is money, after all). Afterward, the prices fall back, sometimes to the old equilibrium, sometimes to a new, slightly higher one.

[Turkeyspit.3965]

@Ganathar.4956 said:. However, telling people to farm them is not very good advice in my opinion.

I made no such recommendation. Like most things in GW2, it's easier and more efficient to farm gold and buy off the TP. But if a player doesn't like that dynamic, for them to come out and say the item in question isn't farmable is factually incorrect. That those farms require certain activities, many of which aren't done by a sizeable portion of the populace, is irrelevant; the question at hand is, if you don't want to buy MC off the TP, can you acquire them (farm them) instead? The answer is yes.

[SkyShroud.2865]

I hope the price keep going up since I have so many mystic coins, I got 9 stacks mind you.

[zealex.9410]

@Shiyo.3578 said:

@Ayrilana.1396 said:

Not everyone is buying them.

Incorrect, everyone who needs them is buying them because they cannot farm them. Unfarmable item.

Incorrect, not everyone needs them.

[mauried.5608]

Close, but more likley is that everyone doesnt need them NOW.Far too much insta gratification in this game .

[c space cowboy.2764]

Play wvw more?

I have near 550 mcs from playing wvw in a year on my main and alt account.