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Why mats are being sold so cheap?

  • akl77
    akl77
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    I sell my max level refined mats 2k a stack, just to get rid of them taking my bank space.
    Sold fast and I don't really care about the money that much, easy enough to farm them.
    Pc na
  • zaria
    zaria
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    Neighbor wrote: »
    Millions of gold getting drops in housing = massive deflation. Homestead created an insanely big gold sink.

    All prices have been dropping since then.
    Yes, lots of players dumped they stored mats to buy houses. More farming for housing mats.
    Also no new sets so lack of demand.

    The new event also drop gold mats and have everybody doing crafting writs as crazy who generate more mats.
    Grinding just make you go in circles.
    Asking ZoS for nerfs is as stupid as asking for close air support from the death star.
  • zaria
    zaria
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    Cêltic421 wrote: »
    Not quite that cheap on PS4. Not yet tho. 9k for tempers. I bought 50 for 7.5k per couple weeks ago. Now is definitely the time to buy mats. 7.5k for tempers is much better thann paying 20k per.

    Think prices will go up any time soon?
    Prices might probably raise with morrowind, you will get new crafted, overland and raid gear.
    Also balance changes will make other gear better.
    On the other hand they might increase the drop chance of gold tempers :)

    Grinding just make you go in circles.
    Asking ZoS for nerfs is as stupid as asking for close air support from the death star.
  • Tabbycat
    Tabbycat
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    Supply and demand.
    Founder and Co-GM of The Psijic Order Guild (NA)
    0.016%
  • theultimatewarrior
    Bota n gold sellers. One reason I'm glad im not in pc anymore ;)
  • theultimatewarrior
    Bota n gold sellers. One reason I'm glad im not in pc anymore ;)

    Bots lol
  • Narvuntien
    Narvuntien
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    Iron ingots sell for less than what it costs to sell them to an NPC.

    I have 400 iron ingots I don't know what to do with.
  • Runs
    Runs
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    More people are doing writs and doing them on more characters and more accounts... and in doing so have just found out the secret of getting a *** ton of gold upgrade mats.
    Runs| Orc NightbladeChim-el Adabal| Dunmer TemplarM'air the Honest| Khajiit Templar
    Oddity| Altmer SorcerorDrizlo| Orc DragonKnightLady Ra Gada| Redguard Sorceror
    Taste-of-Hist-Sap| Argonian NightbladeWar'den Peace| Khajiit WardenLittle Warden Annie Altmer Warden
    Ports with Blood| Breton TemplarDirty-Old-Man| Dunmer DragonKnightEyes-of-the-Sun| Argonian DragonKnight
    Bleak Mystique| Nord WardenPolychronopolous| Imperial SorcerorBullcrit| Khajiit Nightblade
    PC NA CP 1250+ and still a noob
    At Writs End - A place to complete master writs
  • Cpt_Teemo
    Cpt_Teemo
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    Neighbor wrote: »
    Millions of gold getting drops in housing = massive deflation. Homestead created an insanely big gold sink.

    All prices have been dropping since then.

    Bots deflating every market imo.
  • idk
    idk
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    Nestor wrote: »
    With the next gear sets introduction or the hopefully pending crafted set overhaul, you will see prices go up. In the meantime enjoy the deflation.

    Yes, prices, at least for upgrade matts, often go increase for a bit with the addition of new gear.
  • Caligamy_ESO
    Caligamy_ESO
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    It probably doesn't help that there have been endless trains of bots running since One Tamriel came out in locations all over the world that have been reported dozens of times and ZOS didn't do anything about it. They said they investigate it and do something about it but c'mon.. the ones I reported in November of last year are still there.

    https://forums.elderscrollsonline.com/en/discussion/306005/botting-locations-pc-na
    love is love
  • ScytheNL
    ScytheNL
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    Day 1: 5 people farming and selling them.
    Day 100: 500 people farming and selling them
    Year 3: 50.000 people farming and selling them.

    At the same time:
    Day 1: 1.000.000 people needing to upgrade gear via buying stuff vs farming/creating their own
    Day 100: 980.000 people needing to upgrade gear via buying stuff vs farming/creating their own
    Year 3: 50.000 people needing to upgrade gear via buying stuff vs farming/creating their own

    Supply goes up, while demand goes down, means prices drop. Basic economy.
    Ingame:
    Ezekiel Zakriah, Redguard Nightblade

    Xbox One, GT= Scythe NL
  • Duiwel
    Duiwel
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    This is not a bad thing OP. It's a good thing.

    Because crafting mats should be cheap.

    Rare weapons / gear / recipes / motifs / furniture blueprints should not.
    @Duiwel:
    Join ORDER OF SITHIS We're recruiting! PC EU

    "Dear Brother. I do not spread rumours. I create them..."
  • ArvenAldmeri
    ArvenAldmeri
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    I dont know how NA but on EU spell power pots used to be 120-130 gold each, sometimes even less. Now its a miracle to find them cheaper than 170 gold per each. The price is crazy with the fact that you use 100 in an hour of trial.
    Magicka sorcerer from start until the end. Always. Through the good times and the bad, even now when its probably saddest PvE dps it has ever been.
    Even as an owner of one radiant apex mounts I am against radiant apex mounts and anything thats not obtainable by direct purchase.
  • MLGProPlayer
    MLGProPlayer
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    Neighbor wrote: »
    Millions of gold getting drops in housing = massive deflation. Homestead created an insanely big gold sink.

    All prices have been dropping since then.

    Mats were selling for pennies long before Homestead.

    The reason being is that no new sets had been released in a while, so people had no need to buy upgrade mats.
    Edited by MLGProPlayer on April 13, 2017 8:44AM
  • MLGProPlayer
    MLGProPlayer
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    ArchMikem wrote: »
    CarbonX wrote: »
    Why people are selling mats so cheap? Tempering Alloy was around 7.5k (like a month ago or so) it's now being sold for 5.5k (saw that price yesterday several times).

    Rawl'kha traders on Xbox NA were selling Tempers for 9k each at least the other day. I had to give up half my bank account to gold one of my character's weapons.

    Console market has huge inflation due to not having access to MM/TTC.
    Edited by MLGProPlayer on April 13, 2017 8:46AM
  • LadyDestiny
    LadyDestiny
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    Who actually crafts anymore or often?
  • Narvuntien
    Narvuntien
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    Who actually crafts anymore or often?

    I craft because weapon farming is terrible, also I get to choose my style. So I run one crafted and one dropped set on all my characters.
  • psychotic13
    psychotic13
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    I'm not complaining, alloys used to be 20k a pop on Xbox EU it's extortion
  • Tommy_The_Gun
    Tommy_The_Gun
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    Crafting quests + Blacksmithing / Woodworking / Clothier survey maps + skill points in mats extractions = tons of free upgrade mats...
    More accessible stuff = price drops.
    Edited by Tommy_The_Gun on April 13, 2017 12:00PM
  • Dragonnord
    Dragonnord
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    zuto40 wrote: »
    Umm, That was taught in "Ecomomics 101: Supply & Demand". If you took that, you already know the answer to your question.

    Is that a Mages Guild's lorebook? :D
  • parkham
    parkham
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    Mats still aint cheap enough. I want leg crafting 200 stacks for 2k. C'mon.

    PC-NA-EST

    - All's Faire Guild
    - Divine Crusade Guild
    - Greybeards & Gals Guild
    - Dead Citizens Guild
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