21 replies to this topic

[luckysho7]

So just want to know now that the gems are sky rocketing do you think they will ever go down really need those bag slots and bank slots but just cant afford to, and I really dont want to use real money either.

[Dasryn]

luckysho7, on 25 November 2012 - 02:13 AM, said:

I really dont want to use real money either.

but. . .. this is kinda the whole point.

[Eon Lilu]

No, this is how anet likes it.

[luckysho7]

but what I want to know is if they will ever go down?

Edited by luckysho7, 25 November 2012 - 02:42 AM.

[XSevSpreeX]

Eon Lilu, on 25 November 2012 - 02:22 AM, said:

No, this is how anet likes it.

No, this is how Nexon likes it.

[Haishao]

luckysho7, on 25 November 2012 - 02:42 AM, said:

but what I want to know is if they will ever go down?

No one can know. If people buy gem to change to gold then prices will go down. As long as there more people buying than people selling, the price will continue to go up.

[ScoutMATH]

that means no one is buying gems and converting them to gold.

[Arquenya]

ScoutMATH, on 25 November 2012 - 02:49 AM, said:

that means no one is buying gems and converting them to gold.

Either that - and/or a lot of people finding ways to make a lot of gold and buying gems.

[FoxBat]

There does happen to be this whole consumable sale thing going on at the moment, people are stocking up. Gem price ought to drop some once it's over, although I would not expect it to ever return to pre-halloween levels. Soon enough wintersday will be upon us with a new set of exclusive skins to play the black lion chest for.

[TGIFrisbie]

Arquenya, on 25 November 2012 - 02:53 AM, said:

Either that - and/or a lot of people finding ways to make a lot of gold and buying gems.

Prices go up in a sellers market, so you could be correct.  This would be my guess, as more peeps have more gold after longer play, they compete for the same commodity.

I will note, for the OP, yesterday it had the 5 day high at 1.48g, and today the 5 day high was 1.09g, thats quite a shock change DOWN in just one day for the 5 day previous high.

If the price dips below 1g, lets say close to 80s, you may want to consider buying some.  I got my 3 character slots back when it was 33s per 100 and that was "high" then.

[ScoutMATH]

when the gem->gold ratio goes 100gems = 1g+, then i think it is time to buy.

[Ardeni]

I don't think that the prices will ever go down a lot. Arenanet/Nexon will always come up with something that would raise the prices such as this weekend's special offers. Thus I won't buy anything with gems aside from two more character slots and perhaps bank tabs. Inventory tabs are overrated, since a full 20 slot bag inventory is already big enough for me.

[Zhahz]

People don't seem to get how this works.

It's entirely player driven.

The conversion rate sucks because players have gold and fewer people are paying cash for gems (and if they are buying gems they're not putting them up on the market).

I'm sure ANet doesn't give a rat's backside what the conversion rate is - they don't gain anything from it either way.

What DOES stink is that since ANet benefits when people DO buy gems for cash, and since there's plenty of gold around, it causes ANet to have to try harder to come up with ways to encourage people to buy gems for cash.  Holiday events tied heavily to store and I'm sure there's more to come, for ex.

This is one of the reasons I'm getting sick of F2P.  There IS no free because games are expensive to make and they don't make them as charity for useless people who want everything for nothing.  I would rather developers be entirely focused on producing fun stuff to do WITHOUT the need to constantly keep microtransactions and making money involved with every design decision.

[TGIFrisbie]

Zhahz, on 25 November 2012 - 05:19 PM, said:

What DOES stink is that since ANet benefits when people DO buy gems for cash, and since there's plenty of gold around, it causes ANet to have to try harder to come up with ways to encourage people to buy gems for cash.

You mean like coming up with oh...gear tread mill that requires Mystic Forge and Stones and crap that if you can't get a lot of via farming Fractals you simply have to buy off the store?  Yeah, like that you mean?

Now how do you feel about this new "Progression"?  Does it seem so innocent to put a gear treadmill in the game now?  Do you still feel it was done to help those players that needed to feel progression?  In a frenzied pitch bashed out in less than a month?  Or do you see this as oh...possibly...having been worked on for months PRIOR to release and then unleashed at a preset date?

Maybe, just maybe, people will get the clue.  However I don't have confidence in the average MMO sheep.

[Bloodtau]

ScoutMATH, on 25 November 2012 - 03:05 AM, said:

when the gem->gold ratio goes 100gems = 1g+, then i think it is time to buy.

It was this over halloween for a while.

[Falfyrel]

The reason that the gold to gem ratios are so high is that a majority of the items in the gem store are worthless; and those that are useful are better gained through randomly-dropped Black Lion Keys. Why bother to pay 1-2 USD for an Instant Repair Canister when it'll drop on its own eventually? Nevermind the pointless Revive Orbs.

And if most others prefer to spend gold on the few worthwhile upgrades remaining, prices will continue to rise. It's already over 10g for a new character slot - a month or so ago, it was only 4g.

The ridiculous pricing on gems really doesn't help things, either.

[Eliirae]

The point of being able to trade ingame money for cashshop money is that it takes a LOT of ingame money to get a useful amount of cashshop money.

It's by design, and it won't change.  After all, if you could get 1000 gems for 1g, how would arenanet make any money at all?

[ScoutMATH]

Bloodtau, on 25 November 2012 - 05:30 PM, said:

It was this over halloween for a while.

no, because i was there last halloween and 100 gems is about 80ish silver only.

you must know that there are 2 values on both directions. it's not one is to one.

[BabelFish]

Now's the time to convert your gems to gold I guess.

[MazingerZ]

You are doing it wrong

Cash -> Gems -> Gold

The path of the dedicated player.

[Daesu]

TGIFrisbie, on 25 November 2012 - 03:00 AM, said:

Prices go up in a sellers market, so you could be correct.  This would be my guess, as more peeps have more gold after longer play, they compete for the same commodity.

I am guessing more people farming FOTM and getting good rewards from it.  I am finding significantly more competition from selling my level 70+ exotics than before the patch.

Falfyrel, on 25 November 2012 - 06:00 PM, said:

Why bother to pay 1-2 USD for an Instant Repair Canister when it'll drop on its own eventually? Nevermind the pointless Revive Orbs.

The keyword is "eventually".  Why-wait-when-you-can-have-it-now mentality in a game is worth investing a good amount of gold, for many people.

Edited by Daesu, 26 November 2012 - 05:30 AM.

[Kor]

We're in the holiday season, but expect a little lull in gem conversions between now and Xmas.  That is unless new items keep popping up, which if demand is high for the item, say a makeover kit or something on that magnitude, we may see the conversion ratio go above 2g per 100gem.