Mystic coins price is out of control

IndigoSundown.5419 · June 11, 2019

Please delete. Oops.

Obtena.7952 · June 11, 2019

@ProtoGunner.4953 said:
@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.

But that's my point ... Anet can't introduce more sources to control the price ... because it means they literally can't add more MC's to other recipes or ensure the demand players have for them is constant ... the idea that more sources controls the TP price is ... ignorant.

Seera.5916 · June 11, 2019

@Obtena.7952 said:
@ProtoGunner.4953 said:
@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.

But that's my point ... Anet can't introduce more sources to control the price ... because it means they literally can't add more MC's to other recipes or ensure the demand players have for them is constant ... the idea that more sources controls the TP price is ... ignorant.

How do you know that ANet can't add more sources? Did a dev tell you that?

I guarantee if they added in a source that generated a lot of coins with a decently high limit or no limit on how many per day, the cost on the TP would go down if there was not an increase in demand put into the game at the same time.

VDAC.2137 · June 11, 2019

@SkyShroud.2865 said:I hope the price keep going up since I have so many mystic coins, I got 9 stacks mind you.

This will only help you if you actually sell them, you know. ;) If you’re saving them to make legendaries yourself, then the price on the TP matters little. If you just want to sit on your piles of gold, note that they may come down at some point. Nothing that I know of suggests that happening to mystic coins, but other items have changed dramatically in their worth following changes in the game. If I were you, I would sell at least some of them, and soon, as I think the price has only reached this height once before. Or you can be like Scrooge — oodles of wealth but deriving no real value from it. :tongue:

Epsilon Indi.2031 · June 11, 2019

@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.

lol, no. If you're logging in every day to do that daily, you're getting your login rewards. Every 28 days you get 20 mystic coins just from that. Add on one a day from the ley-line anomaly and you have 48 coins over the course of one 28 day period. You need about 483 mystic coins starting at zero clovers to make a gen 2 legendary. That comes out to 283 days if you hit all the dailies. This does not account for the Mystic Forger daily task that can appear from time to time and award an extra coin or the random drops from Fractal CMs and dailies.

Obtena.7952 · June 11, 2019

@Seera.5916 said:
@Obtena.7952 said:
@ProtoGunner.4953 said:
@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.

But that's my point ... Anet can't introduce more sources to control the price ... because it means they literally can't add more MC's to other recipes or ensure the demand players have for them is constant ... the idea that more sources controls the TP price is ... ignorant.

How do you know that ANet can't add more sources? Did a dev tell you that?

I didn't say they couldn't ... you should follow the conversation a littler better if you want to reply to me.

Again, just adding more sources is not controlling pricing on the market.

Epsilon Indi.2031 · June 11, 2019

@"Seera.5916" said:
And those methods did not introduce a huge number of mystic coins to the system. Meaning that ANet did not feel the current rate of generation of mystic coins or the cost of the them on the TP was too far off where they want it to be.

Yeah, they didn't. The former economist said it was a bubble that would burst soon. It hasn't. The price has been on an upward trend ever since the release of HoT and guild halls and with every subsequent release of a new legendary the prices get worse.

And the mystic coins are primarily used for legendary weapons. Those are the long term items in the game. Costs a lot of gold and/or time to make. The current price on the TP and methods to obtain off of the TP are just fine.

Any new and upcoming guild is going to need 1055 to max out the guild hall, most of this coming from the WvW upgrades. If you think those don't matter, alliances will get rid of servers in WvW and replace them with guilds. If your guild doesn't have maxed out objective aura from claiming, then it's going to be a bad time recruiting for WvW. Anyone who has an abundance of Shard of Crystallized Mists Essence can't effectively deconstruct them into globs or those globs into vials as they each take a mystic coin to do so. If the coins were just used in cosmetic upgrades, I wouldn't have a problem with the rate to acquire them, but they're not. They're used in several things that give no cosmetic benefit and are part of a soon-to-be mandatory upgrade chain for guilds interested in WvW.

Seera.5916 · June 11, 2019

@Sir Alymer.3406 said:
@"Seera.5916" said:
And those methods did not introduce a huge number of mystic coins to the system. Meaning that ANet did not feel the current rate of generation of mystic coins or the cost of the them on the TP was too far off where they want it to be.

Yeah, they didn't. The former economist said it was a bubble that would burst soon. It hasn't. The price has been on an upward trend ever since the release of HoT and guild halls and with every subsequent release of a new legendary the prices get worse.

And the mystic coins are primarily used for legendary weapons. Those are the long term items in the game. Costs a lot of gold and/or time to make. The current price on the TP and methods to obtain off of the TP are just fine.

Any new and upcoming guild is going to need 1055 to max out the guild hall, most of this coming from the WvW upgrades. If you think those don't matter, alliances will get rid of servers in WvW and replace them with guilds. If your guild doesn't have maxed out objective aura from claiming, then it's going to be a bad time recruiting for WvW. Anyone who has an abundance of

Shard of Crystallized Mists Essence

can't effectively deconstruct them into globs or those globs into vials as they each take a mystic coin to do so. If the coins were just used in cosmetic upgrades, I wouldn't have a problem with the rate to acquire them, but they're not. They're used in several things that give no cosmetic benefit and are part of a soon-to-be mandatory upgrade chain for guilds interested in WvW.

That may be because that economist is former. Maybe he had plans to try to burst the bubble in such a way that wouldn't make them worthless.

And that only matters if that guild wants to participate in WvW and those can be contributed by multiple people and not fronted by just one person. Even a small guild could divide it up to only require a small portion per player.

And it's not a bad thing for a game to have some long term non-cosmetic things that have require expensive items to obtain if you want to bypass getting them yourself.

MithranArkanere.8957 · June 11, 2019

I am not worried about legendary crafting and prestige skins like Winter's Presence, since it's understandable if prices are high for such things.

But when you consider non-prestige and utility recipes, the prices are currently insane. For such things the cost of a coin should stat around 30 silver.

Armor in bulk
Feasts and trays of food.
Upgrade recipes.
Promotion/Demotion recipes, like those of Mists essences.
Converting surplus Risen Priest of Balthazar minis into obsidian.
Reverting Bloodstone bricks back into to dust.
Runes and Sigils
Non-prestige exotic weapons with unique skins that do not belong to any collection like Rusttooth, Reaper of Souls and the Mystic Weapon set.

For those, rather than adding more sources of mystic coins, I'd like to have an alternate material that can be used in place of Mystic Coins.Something that stays a cost equivalent to 30s.For example, they could be "Mystic Doubloons" purchased from a Mystic Forge Attendant (Miyani) for 3 spirit shards and 30s each.

It would still be possible to use Mystic coins for non-prestige recipes, it would just be a non-prestige alternative.

This way prestige crafting is unaffected, but the non-prestige recipes using Mystic Coins can have a sane alternative.

Seera.5916 · June 11, 2019

@Obtena.7952 said:
@Seera.5916 said:
@Obtena.7952 said:
@ProtoGunner.4953 said:
@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.

But that's my point ... Anet can't introduce more sources to control the price ... because it means they literally can't add more MC's to other recipes or ensure the demand players have for them is constant ... the idea that more sources controls the TP price is ... ignorant.

How do you know that ANet can't add more sources? Did a dev tell you that?

I didn't say they couldn't ... you should follow the conversation a littler better if you want to reply to me.

Again, just adding more sources is not controlling pricing on the market.

I read what you said. You think it's impossible for ANet to control the price of something by supply. And that's something I can't figure out how when supply is 1/2 of how supply & demand.

ANet just didn't increase the supply enough to affect the prices. If they increase it enough, they will.

Meaning that if you say ANet can't add coins to control the price, it is equal to saying that they can't add coins to the game.

The problem is the hoarders. If the supply increase is too great it might spook the hoarders into selling their stock off quick in order to get the most money they can from them before the price tanks. Which could make them basically worthless again. And ANet probably wants to avoid that seeing as how they didn't drastically increase the supply the last time and the prices did drop right before the patch that added the supply in with some hoarders panicking and selling in case the patch added a lot of coins. They went right back up after people realized what a small increase it actually was.

Illconceived Was Na.9781 · June 11, 2019

@"MithranArkanere.8957" said:I don't see any of these examples as being critical. For the few that are truly problematic, ANet could change the requires to use something other than mystic coins. The fact that they haven't touched any of this in years suggests that they don't think it's important enough to alter.
Armor in bulkThere's no reason to make armor in bulk really; it's always used a comparable amount of resources to making each piece by hand.Regardless, it's the recipe that uses m-coin, not the crafting itself.If ANet agrees this is important, the recipe cost can be altered to use something else.
Feasts and trays of food.Bulk-use food doesn't use mystic coin; it's the one-time cost of creating the recipe.Since it's a group tool, it might remain "fair" to have it require a "group price."

It's similar to scribing: the benefits go to the guild|group, while the initial costs are borne by the individual.As with bulk armor recipes, these could be changed to no longer require m-coins.

Regardless, these are hardly critical-to-game-play unlocks.

Upgrade recipes.What recipes would these be?
Promotion/Demotion recipes, like those of Mists essences.For mist essences, even at current prices, this is competitive with the fractal vendor, so it's probably about where ANet would expect them to be. (I would prefer it to be cheaper, especially since the drop rate of globs is so much lower than shards or vials.)

Besides mist essences, what else uses them?

Converting surplus Risen Priest of Balthazar minis into obsidian.Given all the sources of Obsidian introduced since that recipe, this seems one of the most minor examples.
Reverting Bloodstone bricks back into to dust.This is similar to mini priest of balthazar, especially given how most people want less dust, not more.
Runes and SigilsWhat runes and sigils use mystic coins?
Non-prestige exotic weapons with unique skins that do not belong to any collection like Rusttooth, Reaper of Souls and the Mystic Weapon set.Those are all luxury items. I don't see why they are deserving of special mention. Sure they all cost more in mystic coins now; they also cost less in other materials than before.
For those, rather than adding more sources of mystic coins, I'd like to have an alternate material that can be used in place of Mystic Coins.Something that stays a cost equivalent to 30s.The only way to guarantee a cost is to make it a vendor item, which is clearly not their goal.

I'm not against ANet adjusting the recipes. I don't agree it's all that important to the game.

Blocki.4931 · June 12, 2019

@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 sound like a broken record there. This system works and is perfectly balanced because not every player is even trying to go for a legendary item. In fact, only very few and dedicated ones would even consider it, unless they are going for it in an extremely casual way, which would definitely involve just saving them up.

Then there is people like me, who own 10 accounts and log into them daily :) that makes 9 accounts that add coins into the market without using any of them ever and there are maaany people just like me who do the same thing.

ChronoPinoyX.7923 · June 12, 2019

So making a non issue an item into an issue because you're too impatient or lazy to farm em.

And people thought those who asked for Skyscale timegate removal were bad...

Obtena.7952 · June 12, 2019

@Seera.5916 said:
@Obtena.7952 said:
@Seera.5916 said:
@Obtena.7952 said:
@ProtoGunner.4953 said:
@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.

But that's my point ... Anet can't introduce more sources to control the price ... because it means they literally can't add more MC's to other recipes or ensure the demand players have for them is constant ... the idea that more sources controls the TP price is ... ignorant.

How do you know that ANet can't add more sources? Did a dev tell you that?

I didn't say they couldn't ... you should follow the conversation a littler better if you want to reply to me.

Again, just adding more sources is not controlling pricing on the market.

I read what you said. You think it's impossible for ANet to control the price of something by supply. And that's something I can't figure out how when supply is 1/2 of how supply & demand.

ANet just didn't increase the supply enough to affect the prices. If they increase it enough, they will.

That doesn't mean it's controlled. This is the problem with these 'too expensive' requests. You guys got a problem when it's 'out of control' and too much for you, but you got no problem when it's 'out of control' and super cheap. It makes no sense to complain about one and be fine with the other. That's when you know the complaint has no substance ... it's just someone not willing to pay the value for the item. We all know that's not a good reason for Anet to flood the market with mats people don't like the price of.

Seera.5916 · June 12, 2019

@Obtena.7952 said:
@Seera.5916 said:
@Obtena.7952 said:
@Seera.5916 said:
@Obtena.7952 said:
@ProtoGunner.4953 said:
@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.