Zoom ... goes the ZEN rocket!

fgreyspear · May 2014

What is happening to the ZEN price? It is climbing to almost 500 AD.

Also the market on rare level 60 items is climbing well above the 100 AD per piece lately. I used to sell random blue loot for 90-100 AD just so new level 60 players could get their hands on it easily. Now the prices for these items is close to 120 AD.

Is this because of the upcoming Module 3? Maybe returning players? Increased game advertisement? Lots of new players? ...

midnightfang93 · May 2014

http://community.arcgames.com/en/news/neverwinter/detail/3042373-curse-of-icewind-dale-live-on-may-13%2C-2014

That is why.

valwryn · May 2014

This happens with any major new content....the ZEN market goes bullish....or is it bearish, maybe I should ask the E-Trade baby.

pitshade · May 2014

Double XP weekend plus class artifact requirements led to a LOT of fresh 60s gearing up. Increased Demand will cause prices to rise on blue gear until supply catches up (assuming enough people bother to start farming the stuff, it's still pretty small profit) or the demand is met. 20% jump on an expensive item item is important, on cheap stuff it isn't so much. Some people might be tempted to start farming but more likely it will be a small temporary profit boost to the people who already do it.

I've noticed that some of the better quality blue rings etc... have jumped much higher in price, though not to the levels they used to be at pre-tenacity patch.

frishter · May 2014

As has been said the new module is just round the corner, and also this weeks sale will come tomorrow so people are trying to get their zen now before it goes up and maybe even sell for a profit. I prob should've exchanged it earlier but still got it for 440 which isn't bad. It can be hard to predict the right time to do things though. At one point it was worth 320 and then a good sale raised it and it didn't get back down since so it can be insane at times. Occasionally you get daily spikes too which can be hard to decide if it's temporary or not. Last time I figured it wasn't temporary and lost out when it was ):

As for the blue item increase, the above guy makes sense with the double xp event having to do with it.

istaywicked · May 2014

lets keep the demand up long enough for me to get 2k zen tomorrow please. thanks.

rashylewizz · May 2014

Just some people moving some assets around

golkax · May 2014

We need them to like put a cap on the exchange rate, it's up at 460+ and that's ridiculous.

mrgiggles651 · May 2014

golkax wrote: »

We need them to like put a cap on the exchange rate, it's up at 460+ and that's ridiculous.

There is a cap. The cap is 500.

golkax · May 2014

oh, needs to be more like 450...

tang56 · May 2014

golkax wrote: »

oh, needs to be more like 450...

Why 450?
/10char

frishter · May 2014

golkax wrote: »

oh, needs to be more like 450...

Why?
//////

golkax · May 2014

tang56 wrote: »

Why 450?
/10char

450 is already way too high, but it's the maximum reasonable amount of AD it should take...450 is ludicrous, and anything above it is as well.

tang56 · May 2014

golkax wrote: »

450 is already way too high, but it's the maximum reasonable amount of AD it should take...450 is ludicrous, and anything above it is as well.

Why is it "too high". If that's what people are willing to pay, then that's the price.

golkax · May 2014

tang56 wrote: »

Why is it "too high". If that's what people are willing to pay, then that's the price.

Because you can only convert a certain amount of rough astrals to astrals, meaning if the price is higher, then you can't buy as much Zen per day...

abaddon523 · May 2014

golkax wrote: »

450 is already way too high, but it's the maximum reasonable amount of AD it should take...450 is ludicrous, and anything above it is as well.

Your objection seems awfully subjective. What if someone else thinks it is "just right." Which of you is right?

Anyway, there's an easy way for you to take advantage of the situation. Buy some zen and sell it. If the exchange rate is "ludicrous" then it's ludicrous in your favor and you'll be receiving a ludicrous amount of AD in exchange for the zen you bought.

golkax · May 2014

In general, I don't see why the price will ever drop...:(

angrysprite · May 2014

I just sold a truckload of Zen at 468. I have a truckload more just waiting for 485. C'mon, help me out here.
-winks-

And I am very serious. I bought a full craptonne of Zen just for this purpose. if 400+ is too high for you, then be patient. it will drop eventually. If the price goes down, I just hold onto my Zen. But when it spikes like this is when I sell and I let the exchange itself do all the work for me (I never watch the rate fluctuations myself). It helps to anticipate when things like Mod 3 (and new Mounts and Companions and whatnot) are released so you can plan ahead.

And nothing says you have to wait until the price drops to 350/1... you can sell your AD at 350/1 right now. It just sits in the Exchange bank until that rate hits and your bundle is sold, automagically and within a nano-second. There is no reason whatsoever to sell at the prices you see listed - that list is only the range of current activity.

I've had about 10K zen sitting in the exchange at 470/1 for about two weeks, it paid off today.

Simply make your offer to sell zen at the rate you want (for example: 350 to 1) - the moment the rate hits that point your AD will sell, unless there are others ahead of you at that rate (as it sells the pool based on first-in, first-out) - but you WILL sell it. And you can always cancel your listing at any time if you ever need your AD (so it's actually NOT all locked-up in the exchange).

Doing it this way sure beats constantly watching those numbers.

TL;DR: The pro way to do it is to not watch the exchange at all. Just post your offer (example: 350/1) - the moment the market hits that rate your AD will sell, even if it's in the middle of the night for you and you are dead to the world in wonderful dreams. Your money is not locked-up because you can cancel your listing offer at any time if you need AD.

Think of it as a bank account: the AD is always there for your taking it back at any time, but will sell at the rate YOU WANT the nano-second the rate hits that mark.

iambecks1 · May 2014

golkax wrote: »

In general, I don't see why the price will ever drop...:(

The exchange rate always ceilings out at 500ad/1zen about the time a new module launches then slowly drops back down over the couple of months after the module launch to around 400 give or take.

frishter · May 2014

golkax wrote: »

450 is already way too high, but it's the maximum reasonable amount of AD it should take...450 is ludicrous, and anything above it is as well.

Consider the other standpoint. For $10 @ 450ad/z thats 450,000 zen. Imo it's really not a lot. It's a fair amount of money, and yet there's so much that you can't do with it. Times that by 10 and you can almost make a perfect enchantment. Personally I think you should be grateful it's capped at 500.

zebular · May 2014

. . . This will be the third time (maybe fourth? I'm bad with time), that I recall, it going up. It's nothing new as the AD Exchange is a Player Driven Market that is dictated by player supply, demand, and of course desire (as demonstrated by the related marketing promotion). The system has low and high caps on the price of AD in place to prevent it from being monopolized in a horrible way (50/500 respectfully). Such a system has worked just fine for years in Star Trek Online and then later with Champions Online and now Neverwinter. As I said, this is nothing new except to those who haven't experienced the fluctuations of CO, STO, and NWO's player driven economies.

Unknown · May 2014

This content has been removed.

frishter · May 2014

amvek wrote: »

LOL it dropped between release and module 1. I have seen it as low as 2xx ish! They have the min of 50 and max of 500. It has been that way since launch and the price goes up at every module release!

After module 2 it went donw to 320 after a while, though it went back up.

farla47 · May 2014

It's in the 470s now. That's kind of crazy.
And a shame, I was planning to get a purple pet with my last chunk of AD. Doubt I can afford it now

reposterz · May 2014

Guys, how long does it take for the exchange rate to go down? I got 200k AD but do not know what to spend on now since the exchange rate is so high. Honestly the cap of 500 is still too high in my opinion, the lower the cap the better. This is the first time I have seen such inflation in a game, although this is my second MMORPG.

morsitans · May 2014

Well, it's not like they really want to favour the AD-->Zen exchange, after all. They'd probably greatly prefer it to move in the other direction (Cash-->Zen-->AD) so I'm kinda surprised the cap is so low, really.

midnightfang93 · May 2014

reposterz wrote: »

This is the first time I have seen such inflation in a game...

I've seen way, way worse. This is pretty tame. As for how long it takes to go back down, give it a few weeks to a month or so and it should be back to normal or slightly higher than normal.

melodywhr · May 2014

farla47 wrote: »

It's in the 470s now. That's kind of crazy.
And a shame, I was planning to get a purple pet with my last chunk of AD. Doubt I can afford it now

you can wait until after mod 3 drops and the excitement dies down a bit. usually after a market zoom is a dip so pay attention to the market daily!

frishter · May 2014

reposterz wrote: »

Guys, how long does it take for the exchange rate to go down? I got 200k AD but do not know what to spend on now since the exchange rate is so high. Honestly the cap of 500 is still too high in my opinion, the lower the cap the better. This is the first time I have seen such inflation in a game, although this is my second MMORPG.

The thing is the reason you think it's so high is because a lower cap would favour you more. If you were a zen seller I'm sure you'd be on the opposite side of the fence. As for when it'll go down. A while... Maybe a month until it starts to go down (from possibly 500). Maybe longer. At the 2 month mark it'll probably start going down a lot faster I believe as the farmers get bored of the content (since you can't really farm the last 3 modules, and old content is, well old). However, noone has a real answer. All anyone can do is speculate. I expect the market to go up further though, especially with the new lockboxes coming and shared banks. I find 500 to be a respectable cap. A lot more respectable than the 50 minimum...

sockmunkey · May 2014

Cryptic tends to nudge things a bit when needed as well. The rates spike when we get a new module. But they generally to follow up these spikes with events or promos that will cause the rates to drop again. Its no surprise that there is another Waukeens event planned shortly after mod 3s release. That event alone should drop the rate drastically as new AD floods back into the economy.

fgreyspear · May 2014

zebular wrote: »

. . . This will be the third time (maybe fourth? I'm bad with time), that I recall, it going up. It's nothing new as the AD Exchange is a Player Driven Market that is dictated by player supply, demand, and of course desire (as demonstrated by the related marketing promotion). The system has low and high caps on the price of AD in place to prevent it from being monopolized in a horrible way (50/500 respectfully). Such a system has worked just fine for years in Star Trek Online and then later with Champions Online and now Neverwinter. As I said, this is nothing new except to those who haven't experienced the fluctuations of CO, STO, and NWO's player driven economies.

Thank you.

I am familiar with economics. I was wondering what caused it to climb and why it is climbing rather sharply. 10% and more in increase is not little. It might be the game is lacking in players who "play" the markets, which not only makes one rich, but helps with regulating and stabilizing the market prices. I will make sure to invest some extra ZEN (more than usual) if it does hit the 500 cap. :cool:

Zoom ... goes the ZEN rocket!

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