test content
Logo
What is the Arc Client?
Install Arc
zen exchange
ash1113
Member Posts: 94 Arc User
Hi! all
Hope this isnt the wrong section to post this thread.
i have been waiting for Zen exchange tab to have some offers but lately theres been little to no offers but at the same time Ad exchange is constantly filled up with offers 24/7...
why so!?
i had my chance and got some been awaiting more so as to get the amount of zen i need but seems it taking for ever...is this a problem of sorta or just another one of the changes by Devs/Mod3..and is it just me or more on the boat!?
thx
Hope this isnt the wrong section to post this thread.
i have been waiting for Zen exchange tab to have some offers but lately theres been little to no offers but at the same time Ad exchange is constantly filled up with offers 24/7...
why so!?
i had my chance and got some been awaiting more so as to get the amount of zen i need but seems it taking for ever...is this a problem of sorta or just another one of the changes by Devs/Mod3..and is it just me or more on the boat!?
thx
Post edited by ash1113 on
0
Comments
[ Support Center • Rules & Policies and Guidelines • ARC ToS • Guild Recruitment Guidelines | FR DM Since 1993 ]
http://nwzen.biz/?time=Days&number=7&timezone=-8.0&hourly=yes&showSell=yes&linec=9E5C9A&linec2=CCA300&ticks=15
On the first graph, if there is only a purple line on the 500 AD line, then there was no Zen available to buy. If there is an orange line at that time, then there was zen available to buy @ 500 AD or lower.
On the second graph down below, you can see how much Zen was requested at 500 AD per Zen. You can see this has gone done substantially over the past week. It will take a couple hours to get the Zen if there is a 'queue' at 500.
Love these trackers!
Looks like we may need another AD sink coming soon. My suggestion? Black Ice Glove and Main Hand. I'm so sick of farming for my main hand. I haven't seen a single purple since the changes.
Join Essence of Aggression: PVP-ing Hard Since Beta!
It's not ridiculous. It's how free markets work.
http://en.wikipedia.org/wiki/Supply_and_demand
Sellers do, sure. But its really the buyer's fault at this point. If the requests for buying at 500 would be withdrawn, as well as 499 down to about 490, the system could potentially get jump started again into fluctuation and dropping. But that's my view on it. The egg event seemed to knock out a good chunk of the 500 ad/z but I guess it just wasn't quite enough.
Of course, convincing thousands of people to not only not buy but withdraw their purchase requests at 500 is like trying to empty the atlantic ocean with a spoon.
I would have said a thimble, but....yeah, much the same point.
Great Weapon Fighter: Because when is today not a good day to die?
PC and PS4 player. Proud Guildmaster for PS4 Team Fencebane. Rank 5 Officer for PC Team Fencebane. Visit us at http://fencebane.shivtr.com
Oh my god I would love that, I haven't been able to get the Mainhand on DC since Mod 3 came out.
As a real AD sink, there's a ton of stuff in the anniversary event. If they make the new mount buy-able with AD, that'll be an even better sink than the chicken was. The Lira's event is just a week after too, and it's only a weekend long this time around.
Hadn't factored that in. But we're all working in theories, so here' something else that popped into my mind.
When you consider the hypothetical withdrawls of zen purchasing, it could also spur sellers to move their product so that they don't face as much of a "loss" so to speak. Which I suppose is what the egg event did. People needed to liquidate their dear stocks of Zen for AD to purchase the eggs, which thankfully reduced it from 1 million+ total in purchase requests down to a surplus of Zen to sell. A step in the right direction, as many would consider.
Granted, dropping from 500 ad/z to 490 ad/z would only be a loss of 50k AD for a max stack of 5k Zen per transaction. Not something everyone would even glance at. But if prices continued to drop... well... who knows.
I'm still optimistic that it'll drop, but until then it's been interesting to watch.
This is true. But it's still the buyers who are willing to buy Zen at 500/1. I, as a Zen seller will always sell at the highest rate I can - so if there are three buy offers: 500/1, 400/1, 499/1 - which group do you think I'm going to sell my Zen to? of course the difference only amounts to a paltry 10,000 Astral Diamonds if I were selling a whopping 10,000 Zen (meaning the rates between 499 and 500/1 are meaningless in the end) because I can make that much in 8 hours in Leadership Profession while crafting. But, it's still a psychological thing to get the one extra extra Astral Diamond for each Zen I'm selling. (And, ironically, the Zen sell limit is 5,000 Zen per sale - so, yeah - there's a Cap for that ...too).
If people would stop offering to buy Zen at 500/1 and instead all decided enough is enough only 400/1 will do - then guess what: the Zen sellers will sell for 400/1. But too many want that Zen now, Now, NOW! DAMMIT! They are impatient. So the sellers will not let a good taking-advantage-of go to waste.
The Zen *buyers* have all the power to control the exchange rate. The problem is that the majority of them, apparently, don't have any *willpower* about it. Zen sellers only react to the market and get what they can. Zen buyers actually control how much the seller can get based on the value of the Astral Diamonds he has - and if he's willing to part with 500 AD for each Zen, then she values it not.
FLIPSIDE: Because of the sudden scarcity of Coalescent Wards costs of enchantments are starting to rise exponentially in the Auction House, creating a new demand for more Astral Diamonds, hence once the shiny of Module 3 wears off, the ZAX Pendulum will begin to swing the other way as demand for AD grows and we then will witness the shrill shouts of the foul low-end cap of 50/1.
~shrug~
As long as people keep posting requests to buy at 500, that's how it will be.
Neverwinter Census 2017
All posts pending disapproval by Cecilia
You can post to buy Zen at any rate you choose - right down to 50/1. That AD will not be traded until all other pools of AD above it are depleted (this is why it is the safest rate to use when transferring AD from one alt to another).
When selling Zen - you can offer to sell Zen at 50/1, HOWEVER, the system has a safety protection built-in and will (should) automatically sell your Zen at the highest rate available (this is not a bug, it is working as intended). And it makes a lot of sense as your Zen Point is worth more than even you are valuing it for. It is also designed for people who don't understand the trading rate ranges that well and undervalue their Zen accidentally (which happens a LOT).
Only mounts are account-wide.
Neverwinter Census 2017
All posts pending disapproval by Cecilia
[ Support Center • Rules & Policies and Guidelines • ARC ToS • Guild Recruitment Guidelines | FR DM Since 1993 ]