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Why people are so crazy with GTN prices ?

STAR WARS: The Old Republic > English > General Discussion
Why people are so crazy with GTN prices ?

Hambunctious's Avatar


Hambunctious
10.10.2012 , 11:45 AM | #51
Simple solution; Make stuff for your own characters, or farm FPs on your 50 for mods to send via legacy to your alts.

I don't buy much of anything from the GTN anymore, not when I can make, or farm, all the armorings, mods, enhancements, earpieces, and implants that I need for myself.

Even a brand new player could keep himself in armorings, and mods as he levels without buying any material from the GTN. They just have to keep the crewskill missions running fairly often.

You have to be really clueless to spend a ton of credits on materials you can easily get yourself.

The high end 50 pieces are another story.

Monoth's Avatar


Monoth
10.10.2012 , 12:50 PM | #52
If Bioware would increase the amount of mat's you get per harvest node prices would drop a lot, but as long as your only getting on average 2 mats per node prices are going to stay high for materials.

It's not fun riding around in circles waiting for nodes to spawn so you can harvest them, it's pretty damn boring and then the fact you get such a pitiful amount per node...

Even sending out companions gets stupid at higher levels, takes them like 45-60 mins to come back with 2-3 materials plus the mission usally costs 1k-2k to run it...

Bioware has done everything they can to gimp crafting.... They prefer if you just live off the quest rewards...

Devils Advocate: If crafted items (especially purples) were easy to craft and the market was flooded with them so people could buy them cheap it would mess up the PvE balance. Anyone who has geared themselves up with all purple crafted gear knows what a huge advantage it gives you PvE'ing.
F2P is like driving on a long stretch of highway with toll booths every 1/2 mile

RazielHex's Avatar


RazielHex
10.10.2012 , 02:25 PM | #53
Quote: Originally Posted by CosmicKat View Post
A couple of signs that a crafting system is broken:

- raw materials sell for more than the materials they produce
- high level items sell for less than low level ones
That means the alt-market is operating at a higher demand than the main-market, nothing more.

ObiJuanShenobi's Avatar


ObiJuanShenobi
10.10.2012 , 02:52 PM | #54
Quote: Originally Posted by Ivanblood View Post
Why people are so crazy with GTN prices ? Really.

I am playing on Fatman. My crew skill is Cibertech, and many times I need scavenged components and metals, because questing is not enough for me for the quantities I produce. But, for god sake, who in sound mind would pay 1k for one mineral ? Really!

I ussually buy large quantities of stuff because I like to craft and provide people with so neaded augments. And I always charge a fair price: only for materials plus the suggested price of GTN. So the price of my most expensive components are not higher than 5k. Prices usually vary from 100 to 5k. My sells are huge ussuaaly. Easily 30k a day.

But when I need to buy stuff for myself, I usually find staggering prices for mods. 5k for +4 cristal ? Really. I practiced Artifice before, I know how easy you can get raw materials for it. Nothing in comparison with Cibertech where you have to find like 4 different metals to craft one mod.

Enhancements, again everything at 5k for a level 20. For anyone of level 20, 5k is a hefty some of money. Besides the real price of that stuff rarely is arround 1k. I crafted enhacements and I know.

Am I fool for charging for my earpieces some 2k. Should I start charging 10 k instead ? Because if I canīt buy a miserable 20-level cristal, believe me I will.

Are we all crazy ?
Because the GTN economy is crap, crafting system is nearly broken, and we gotsta make monies somehow!
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Rabenschwinge's Avatar


Rabenschwinge
10.10.2012 , 03:20 PM | #55
Quote: Originally Posted by Amdramnar View Post
Say you and everyone else needs Titanium such that I can put it on the GTN for 1000 credits per unit of Titanium and sell it for that price. You will not get any Titanium because you refuse to buy it at that level. On the other hand say I put it on the GTN for 100 credits per unit of Titanium, you still wont get it because someone else will buy it up before you see it and then repost it for 1000 credits a unit.
The problem with that is, that's bordering between insider trade and actual speculation. In market as limited as the GTN it is entirely possible for a relatively limited group of suppliers, to control the entire supply, especially if they are already rich.

If a group of people with relatively much money has the opinion that a certain good should have a certain price, they can easily enforce that price regardless of how big the real supply is, and therefore a true balance of supply and demand does not come to pass.

Now that doesn't mean I am blaming anyone for playing their cards right, even though I am at times pretty frustrated as well, I am just saying that it's certainly anything but a healthy market and a natural balance of supply and demand. Suppliers have no interest in low prices and keeping the prices up is all too easy, because the market can be controlled particularly wealthy suppliers.

The problem is in part the intransperency of the market. If an offerer could see what an item is usually traded for they would offer it for only slightly less, so that such transactions would not be worthwhile, because the market fees would become more expensive than the possible gain. And in that way, the price of a product would slowly level itself to a true balance betwenn supply and demand.

The other problem is of course that the respective markets are very limited. If SW:TOR had a single server approach with no separation between factions when it comes to the GTN, prices would have developed completely differently and would have been a lot cheaper in many cases, because there would have been too much supply to control it.

NightshadeBlue's Avatar


NightshadeBlue
10.10.2012 , 03:21 PM | #56
I would say a combination of greed and testing the market to see how far it can go.
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Spoletta's Avatar


Spoletta
10.10.2012 , 03:27 PM | #57
Greed. Definitely greed. I know at least that it's that for me.

I log in, put 50 items on the GTN between gifts, scavenging metals, droid parts, ship parts, UT metals, gathering missions and recipes, all of this for around 10-20% more than what it is already being selled.

The next morning i sold 40-45% of it.
Undercutting is the enemy of a good credit influx and i love credits.

Edit: Also if you see all the items being sold at around 5k and then 2-3 at 2,2k, you don't base your prices on those, you base your prices on the 5k ones and sell at either 4.9k or 6k. Don't make that mistake please.

Sarfux's Avatar


Sarfux
10.10.2012 , 03:32 PM | #58
everybody on mmos especially, are crazy

We just don't think we are crazy cause we are all playing together!!



That was a joke for those who are sensitive
Always be who you are, not what the galaxy wants you to be

theborch's Avatar


theborch
10.10.2012 , 03:44 PM | #59
If you don't like the prices don't buy the item. People will sell things for what they feel they are worth. If it is an item that is a pain in the *** to get (some of the scavenging items come to mind) then the value of that item is higher then say an easy item to get (like a green color crystal). The OP's own post proves that the things are valuable because he says he himself can't get enough of it. If you things fast you have to pay the price. Just like anything else.
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CosmicKat's Avatar


CosmicKat
10.10.2012 , 04:12 PM | #60
Quote: Originally Posted by RazielHex View Post
That means the alt-market is operating at a higher demand than the main-market, nothing more.
Yes. This is a problem MMO's shouldn't run into for years. Months is indicative of a non-functional economy, and a ridiculously easy game, but that's another matter.