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Is the trade market ever going to bounce back? (PC NA)

Ragebull
Ragebull
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The market starting dipping leading up to summerset, everyone said to just hold out and it would recover when it releases.

Summerset drops, market goes bananas with the new loot and JC mats, I make a ton of money, I'm happy, things look like they're getting better then all of a sudden NOTHING is selling.

I'm in one of the top trading guilds in Rawl, and hardly anything is selling even at crazy low prices (mostly sell mats). I can't imagine what it's like for traders in the non prime locations.

Any ideas on when things will get back to normal? Christmas maybe?
  • xilfxlegion
    xilfxlegion
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    once the shiny has worn off of the new stuff it will go back to normal
  • JasonSilverSpring
    JasonSilverSpring
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    I think many are gathering mats while they search for jewelry nodes. That might temporarily drop demand for mats.
  • DirkRavenclaw
    DirkRavenclaw
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    The Market is on a normal Lvl right now. Prices for Motifes are still a bit low, but else? Completly normal prices
    Council Member of AtWritsEnd, Member of LoneWolfeHelp, Donor of GhostSeaTradingCO., Factor of EastEmpireTradingCO.,HonourGuard of ´DominionImperialGuard(DIG/PVP)

    Master Crafter including Jewelry, i craft for Mats and Donation, always happy to help, if Im not in the Middle of PVP, i play since around 14 Months
  • adirondack
    adirondack
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    I personally know of several people who do writs regularly and are sitting on several hundreds (and one in the thousands) of gold tempering alloy, dreugh wax, rosin, kuta. The items just aren't as in demand as they once were. Markets are flooded with the stuff. So you have an overwhelming supply with a decreasing demand.

    I am by no means a macro economics expert but I'd say its pretty natural that prices will decrease in such a scenario.

    Wait a few months, like your friends suggested. People will have burnt through their supply and demand will increase; and so will prices.

    And the wheels on the bus go 'round and 'round.
    Ray
  • Fiktius
    Fiktius
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    That's happening at PC EU as well market wide. Trading weeks were quite silent before the release of Summerset and sale numbers were lower than usually at almost every guild, no matter of the location.
    Then the expansion got released and during the release week sale numbers rocketed sky high, cash did flow like there's no tomorrow.
    And now... silence. Raw materials are dropping in prices. When they are being listed in stores in the morning, during lunch they are already slightly overpriced. This is demotivating harvesters and those who are mostly making gold out by harvesting nodes and selling them.
    This results that farmers motivation on selling raw materials is lowering and many of them are sitting on thousands of materials, yet refusing to sell them, because the price does not reflect the effort these players made for harvesting.

    > Stores are getting emptier and for refiners it's harder to find enough fair deals, which would be worth to purchase, when keeping in mind decreasing price of refined golden materials.

    > Less and less golden upgrading materials are being listed in the store.

    > Guilds suffers even more, because usual material based sales are not happening and if someone actually buy for refining, amounts aren't as wide as they used to be months ago.

    I don't know how are prices going at NA server with jewellery dusts, but at EU server prices aren't still reflecting the golden upgrade prices, especially when more and more people are lowering down the prices of platings, almost leading to point when purchasing dust makes 0 sense and leads to negative profit. Which is also negative thing for jewellery material harvesters too, because from refiner's perspective purchasing dust is not clever, so obviously less dust is also being sold. This leads to the point where guilds which included a lot harvesters, crafters and refiners are being hit most with decreased sales.

    But that's not all folks!

    Since Summerset expansion got heavy impacts on meta especially on PvE, now a lot end game PvE players have a need to farm their gear again and many of them are grinding Cloudrest as well and often as they can. This causes the situation where the buying power is decreasing even more for couple of weeks, when players are focusing on farming their gear.
    I guess we have to wait couple of weeks if not even months before all this gear farming is more or less closer to be finished and players can focus on something else. These farmed gears very likely needs improving and golden materials might face higher demand again. Hopefully
    Edited by Fiktius on June 16, 2018 2:15PM
  • Reverb
    Reverb
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    I had to adjust some of my prices downward to match across-the-board average price drops on mats and motifs, but my overall sales each remain consistent to what they were before Summerset. I recommend rechecking your prices before listing things, and using the All Items tab in MM (if on PC) to see what items are selling in your guilds. The market has absolutely not stagnated, so you need to research and modify your approach.
    Battle not with monsters, lest ye become a monster, and if you gaze into the abyss, the abyss gazes also into you. ~Friedrich Nietzsche
  • Streega
    Streega
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    Farming mats is easier now than making gold to buy them. Especially when you are a master crafter doing writs and use hirelings plus Shadowy Supplier. Also, TTC is a double edge sword: makes flipping and raising prices of rare things easier, but lowers the price of common items. Furthermore, because of insane prices and flipping we don't bother to use the guild traders anymore. We put a lot of things in our "internal" guild store with lower guildie prices.
    ⊂( ̄(工) ̄)⊃ Don't-Care-Bear ⊂( ̄(工) ̄)⊃
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    Master Angler
  • DuskMarine
    DuskMarine
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    I think many are gathering mats while they search for jewelry nodes. That might temporarily drop demand for mats.

    no materials sell like hot cakes still but its like gold tempers motifs and gear just aint selling right now like people came to a hault.
  • redshirt_49
    redshirt_49
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    Plus more and more people are using trader search engines to always home in on the traders with the best prices.

    With jewelry mats being as pricey as they are, that's not really surprising.

    Ad that to the fact that most people are out playing the new content and farming gear and leveling their own JC skill line, it stands to reason that fewer people will be out buying stuff. Especially because a lot of people are looking at the prices of those mats and deciding that it is NOT worth it.

    Curiously though, lesser traders seem less affected by this since these have always been the traders players sought out specifically for specific deals they are known to have. I suspect lesser trading guilds are feeling the impact of this less than the "big" ones.
  • idk
    idk
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    once the shiny has worn off of the new stuff it will go back to normal

    Plus the new stuff sells well. Best matt to sell is anything jewelry crafting ATM and it sells very well.
  • Cryptical
    Cryptical
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    Farm and list the new uniqueness. Pearl. Gall. Sacks. Psij and Sap and Py motifs. Sling the new purple and gold meals. The demand for certain trait stones won’t go down anytime soon.

    I’ve grown my bankroll by 25% since summerset launch.
    Xbox NA
  • starkerealm
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    Which part of the market are you talking about? The motif market isn't going to recover from the Anniversary Event. I mean, that's just returning behavior from last year. The motifs that dropped had their value significantly reduced because supply went way up. Those aren't going to fully recover. So, things like BA are probably going to rest at their new values indefinitely.

    Dubious Camoran Throne is probably a similar story, because more people realized there was money in farming that during the Jester's Festival. Again, I wouldn't expect to see that one climbing back to it's value from last year. We've seen that from Halloween items as well, which never recovered to their original post-event prices.

    I haven't been tracking the materials market lately. I should have, but I haven't. So if that's the subject, it'll come back when people get tired of farming. Probably when we start seeing a significant number of maxed jewelry crafters in the market.
  • Tandor
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    It's always interesting to see traders complaining about trends in the market that they always claim can only happen under an auction house system :wink: !
  • Aarlur
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    Maybe Rawl not a prime location atm. I am on EU server, and I can sell anything in the tradeguild located in Summerset. The other two are dead.
  • Cpt_Teemo
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    Summer is always very slow sales I believe for any mmo, but the thing I did not agree with is that they went cross console and took 2/3rd's of the pc population away
  • Kiralyn2000
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    Prices of farmable items go down over time, it's what they do. Unless they add some new material sink (like when they added furniture recipes), prices should continue to trend downwards over months/years. Because there's a constantly increasing supply, and decreasing demand (since we don't have everyone replacing their gear with every new DLC/chapter, like they would for a level-cap-increase expansion in other MMOs.)


    But yeah, I'd expect that there's also more mat farming going on as people grab stuff while trying to find JC nodes & psijic portals.
  • mightyskrollan
    Once the farming hype goes down, the materials may recover a bit.
    Analysing the guild sales is indeed proving that the regular material sales are decreasing.
    Which doesn't seem to affect everyone though, at least not yet. Motifs and Materials were decreasing since Dragonbone already, for obvious reasons. With the anniversary motif madness and the summerset farming flood we're probably soon hitting the rock bottom in that item categories. Then it's exercising patience and possibly refiners and material traders gotta consider to extend their offers or shift their focus.
    Edited by mightyskrollan on June 16, 2018 3:29PM
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  • Cpt_Teemo
    Cpt_Teemo
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    Not only resources dropping in price but literally the entire market of everything is at a halt, motifs, patterns, etc.
  • Cryptical
    Cryptical
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    Seriously, this was predictable.

    The day they announced that maormer chapters were harvested through fishing, I scooped up every stack of worms under 4K and a week before launch started listing them at 8k. I also unloaded every perfect roe and tempering alloy I had because of course a flood of people farming mats were going to be coming across a lot of those too, so sell before the cliff.

    Next is mid year mayhem. Late July of last year, dunno exact time yet this year. But consider the impact that double AP will have on people - they are going to buy up a lot of stuff from the vendors there, like militant ordinator and triune stones and etc. So start unloading now whatever you’ve got that people can buy with AP before that cliff hits, and build up stocks of things people are going to have great need such as immovable pots and all the other things that pvp play doesn’t provide.

    Xbox NA
  • wolfie1.0.
    wolfie1.0.
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    The raw material market wont recover unti zoe does something to deal with the bot trains
  • bellatrixed
    bellatrixed
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    If your stuff isn't selling you probably need to drop your prices.

    My tempering alloys didn't sell yesterday at 5800; I dropped to 5650 and they sold like hotcakes.

    I don't think sitting on mountains of tempers is a good strategy in cases like this. I'd rather make 5650 per temper than 0 while waiting for them to return to 7k.
    Edited by bellatrixed on June 16, 2018 4:06PM
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  • weedgenius
    weedgenius
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    The motif market still hasn't recovered from the jubilee event. If anything, it's getting worse. I've had a lot of motifs listed well below the average price for a while now (in two top trading guilds) and zero sales. You can hardly give them away now.
    PS4 NA
    Better Homes & Gardens
  • Fiktius
    Fiktius
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    weedgenius wrote: »
    The motif market still hasn't recovered from the jubilee event. If anything, it's getting worse. I've had a lot of motifs listed well below the average price for a while now (in two top trading guilds) and zero sales. You can hardly give them away now.

    That's mostly because the player base already got what they needed at Jubilee event:
    Many people completed already styles they lacked/wanted to get and rest of motifs were stored in bank for collecting dust and waiting for prices to go up again. But what we need in order to even get motifs up in prices is demand. That's what we have a lack currently:
    We don't have enough new buyers who are in need of those motifs, so demand is naturally low, meanwhile supply is higher.
    Everyone wants to sell, but not many are actually buying those motifs.
  • Luthivar
    Luthivar
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    You know, there is a simple recipe against it: Don't sell at prices you consider too cheap, don't alway undercut eaxh other and kick members from the top trading guilds who constantly undercut their own fellows. I'm tired of the situation in craglorn and I'm considering to leave the zone at least for a while.

    And finally, don't focus on Alinor stuff, start to farm blueprints in Alinor or refill the markets with nirncrux; lately I've been looking fdor them in every capital and crag, I found NONE.

    Personally, I will just focus on crafting dailies for a while.
  • Cpt_Teemo
    Cpt_Teemo
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    Fiktius wrote: »
    weedgenius wrote: »
    The motif market still hasn't recovered from the jubilee event. If anything, it's getting worse. I've had a lot of motifs listed well below the average price for a while now (in two top trading guilds) and zero sales. You can hardly give them away now.

    That's mostly because the player base already got what they needed at Jubilee event:
    Many people completed already styles they lacked/wanted to get and rest of motifs were stored in bank for collecting dust and waiting for prices to go up again. But what we need in order to even get motifs up in prices is demand. That's what we have a lack currently:
    We don't have enough new buyers who are in need of those motifs, so demand is naturally low, meanwhile supply is higher.
    Everyone wants to sell, but not many are actually buying those motifs.

    Only if they didn't go cross console and steal 2/3rd's of the PC population
  • Ri_Khan
    Ri_Khan
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    Nobody wants to buy your stuff because there's either no current demand or they can get it elsewhere for cheaper. I was using the traders more up until about a month ago when I started noticing some price fixing and gouging happen on a lot of stuff I was purchasing. I stopped just checking the big traders (Rawl'kha, Wayrest, Mournhold) and started looking for the absolute best deals. It's so easy to check prices across the board and hop through a wayshrine to save thousands of gold. I pretty much don't buy anything from the hot-spot trading guilds now.

    Also now have an active boycott list for the more egregious price fixing and gouging abusers. :kissing_heart:
  • Personofsecrets
    Personofsecrets
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    If what your doing isn't working, then try something else.
    Rest in Peace:
    The Dragonknight
    2014-2025

    This commemoration is for the class that has constantly been plundered and dismantled by designers for no obvious reason while other classes continue to have coherent skill lines and feel both powerful and cool.
  • Kadoin
    Kadoin
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    The market in PC NA is bad? Wow, news to me. I simply never visit the "big guilds" and only buy from my guild. That @P2J2 is right; since you all price fix you drive people away. I know I'm not going to buy something fixed at a price from someone with 100+ of them listed, when I can buy it from that other guy in the boonies for either a little less or a little more and he can be happy he made a profit. Price fixing ruins games' economies in the long term. I've seen what happened in many games and I won't support it.
  • Syncronaut
    Syncronaut
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    I think its not the only reason. A lot of people probaly quit this game when they heared that new ES is coming out. (wich was probaly only reason they played that)
  • MLGProPlayer
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    You're overpricing.

    I sell 30/30 items (raw mats) nightly in Rawl'Kha on PC/NA. I price at the 3-day MM.

    Uncontrolled botting leading to oversupply of all mats is a big reason for the rapid price drop. If jewellery crafting hadn't come out, farming wouldn't be profitable anymore, although even jewellery dust is rapidly dropping in price.
    Edited by MLGProPlayer on June 17, 2018 8:44AM
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