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Wouldn't making coal wards BOA make enchanted keys worth more?

rashylewizzrashylewizz Member Posts: 4,265 Bounty Hunter
edited May 2014 in PvE Discussion
Coal ward prices sky rocket to 450-500k per. Greater and Perfect enchantments skyrocket as well. The average player who doesn't spend loads of money on keys are unable to create enchantments as cheap anymore.

What happens next for enchanted keys?

Those 200 tarmalune bars are suddenly worth a lot more. People who open enchanted keys now have a monopoly over the greater and perfect enchantment crafting market.

So I ask, why again does making coal wards boa make enchanted keys worthless?
(if people found that notion ridiculous, I assure you there is a thread going on stating it)
Post edited by rashylewizz on

Comments

  • risendragonrisendragon Member Posts: 88
    edited May 2014
    Idk what world that thread maker or you are in, but the market price is... 1e18814a32524ce6aae7366dbb4ec3fe.png


    Roughly 70k.

    125 zen x 500 ad = 62500, so it's 7500 above zen price. I don't suspect they'll go anywhere past 75k. They'll stay roughly equal with the zen price unless there becomes a zen backorder on the ad exchange for larger than 1 mil.
  • rashylewizzrashylewizz Member Posts: 4,265 Bounty Hunter
    edited May 2014
    No offense, but only the ignorant buy keys on the auction house. People overprice keys in the auction to make a little profit. I've done it quite a bit each time new lockboxes are released. I only earn couple million diamonds or so, but hey profit is profit right? So basing it off of that is ridiculous.

    Zen will appear on the zax in tens of thousands in different moments every day. Base it on the 500ad/zen plus the 1125zen/10keys bundle
  • risendragonrisendragon Member Posts: 88
    edited May 2014
    rashylewizz wrote: »
    No offense, but only the ignorant buy keys on the auction house. People overprice keys in the auction to make a little profit. I've done it quite a bit each time new lockboxes are released. I only earn couple million diamonds or so, but hey profit is profit right? So basing it off of that is ridiculous.

    Zen will appear on the zax in tens of thousands in different moments every day. Base it on the 500ad/zen plus the 1125zen/10keys bundle

    What am I supposed to base it off of? What stupid people trade for it in trade chat in PE?
  • rashylewizzrashylewizz Member Posts: 4,265 Bounty Hunter
    edited May 2014
    risendragon wrote: »
    What am I supposed to base it off of? What stupid people trade for it in trade chat in PE?

    "Zen will appear on the zax in tens of thousands in different moments every day. Base it on the 500ad/zen plus the 1125zen/10keys bundle"

    Quoted from my previous post.

    I just bought 25000 zen tonight for 500ad/zen.
  • qutsemniequtsemnie Member Posts: 419 Arc User
    edited May 2014
    You know I didn't think about that when I was analyzing it. I don't think that is the cause of the price spike, but it will go a long way to mitigate the effect of the change.


    The fact that buyers of boxes can still construct perfect enchantments and sell those effectively bundling the coal wards. Thanks for pointing that out.
  • qutsemniequtsemnie Member Posts: 419 Arc User
    edited May 2014
    double post
  • rashylewizzrashylewizz Member Posts: 4,265 Bounty Hunter
    edited May 2014
    qutsemnie wrote: »
    You know I didn't think about that when I was analyzing it. I don't think that is the cause of the price spike, but it will go a long way to mitigate the effect of the change.


    The fact that buyers of boxes can still construct perfect enchantments and sell those effectively bundling the coal wards. Thanks for pointing that out.

    I don't get why people think buying keys is not worth it anymore. First of all, coal wards aren't the main reason for the value of keys. Secondly, they'd have a monopoly!

    Also, please no stupid arguments basing the key price on the auction house. Only pigeons buy keys from that. I'm not gonna insult them further because those same customers cough pigeons gave me millions.
  • risendragonrisendragon Member Posts: 88
    edited May 2014
    market price
    noun
    the price at which a commodity, security, or service is selling in the open market.

    Open Market = Auction House. I don't see how keys suddenly get more expensive in the zen store because zen is capped a 500 ad per zen. The question is: Will the changes to coal wards make keys worth more? The answer is: market price will fluctuate upward but keys have a static price from zen so the deviation shouldn't reach above 12-13k. This is more due to the lack of zen on the exchange than the change.
  • rashylewizzrashylewizz Member Posts: 4,265 Bounty Hunter
    edited May 2014
    risendragon wrote: »
    market price
    noun
    the price at which a commodity, security, or service is selling in the open market.

    Open Market = Auction House. I don't see how keys suddenly get more expensive in the zen store because zen is capped a 500 ad per zen. The question is: Will the changes to coal wards make keys worth more? The answer is: market price will fluctuate upward but keys have a static price from zen so the deviation shouldn't reach above 12-13k. This is more due to the lack of zen on the exchange than the change.

    Okay, keep basing it off of pigeon price. Customers like you are why I'm rich.

    I'll base it off of what every single smart people use: 1125zen for 10 keys bundle at the zen store.
  • risendragonrisendragon Member Posts: 88
    edited May 2014
    rashylewizz wrote: »
    Okay, keep basing it off of pigeon price. Customers like you are why I'm rich.

    I'll base it off of what every single smart people use: 1125zen for 10 keys bundle at the zen store.

    You're not making any sense. If the price in zen store for keys is static, how are keys going to increase or decrease in price due to coals being BoA?
  • rashylewizzrashylewizz Member Posts: 4,265 Bounty Hunter
    edited May 2014
    risendragon wrote: »
    You're not making any sense. If the price in zen store for keys is static, how are keys going to increase in price due to coals being BoA?

    Why did $250 hamburger weapons sell in the diablo 3 auction house?
    Because there are new players who don't know any better. So should we base every legendary as having a $250 value? Nope
  • risendragonrisendragon Member Posts: 88
    edited May 2014
    rashylewizz wrote: »
    Why did $250 hamburger weapons sell in the diablo 3 auction house?
    Because there are new players who don't know any better. So should we base every legendary as having a $250 value? Nope

    You didn't answer my question: Why do coal wards being BoA affect the price of a static commodity?
  • beckylunaticbeckylunatic Member, NW M9 Playtest Posts: 14,231 Arc User
    edited May 2014
    Nevermind the fact that buying keys to get trade bars to get a coalescent ward for personal use would also be a fool's game and at that rate you might as well just buy the ward directly at full retail. (2250 in Zen for the keys assuming you actually get an average of 10 bars per box.)

    If you open a few boxes now and again for fun, keep or sell the prizes without worrying about their effective value, and eventually buy a ward and use it, that's fine. That's reasonable use of an entertainment budget and not really any worse than buying beer or going to the movies.

    But buying keys because you think you have to is like buying a purple potency on the AH for 120k because you have a problem with reading.
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  • rashylewizzrashylewizz Member Posts: 4,265 Bounty Hunter
    edited May 2014
    risendragon wrote: »
    You didn't answer my question: Why do coal wards being BoA affect the price of a static commodity?

    It wouldn't affect the price of a static commodity because the price of the static commodity of keys is 56,250 diamonds each.
    Here is the RELEVANT math and not some stupid strawman involving overpriced keys at the auctionhouse that only pigeons buy:
    (1125zen for 10 keys) x 500diamonds/zen

    What I'm saying on my first post is that the VALUE of keys would be much greater since they would have a pseudo-monopoly over crafting of higher tiered enchants.
  • rashylewizzrashylewizz Member Posts: 4,265 Bounty Hunter
    edited May 2014
    beckylunatic wrote: »
    Nevermind the fact that buying keys to get trade bars to get a coalescent ward for personal use would also be a fool's game and at that rate you might as well just buy the ward directly at full retail. (2250 in Zen for the keys assuming you actually get an average of 10 bars per box.)

    If you open a few boxes now and again for fun, keep or sell the prizes without worrying about their effective value, and eventually buy a ward and use it, that's fine. That's reasonable use of an entertainment budget and not really any worse than buying beer or going to the movies.

    But buying keys because you think you have to is like buying a purple potency on the AH for 120k because you have a problem with reading.

    Agreed. I don't get the stupid point that guy was trying to make.

    Why base the math off of something overpriced? Should we also base Greater Marks of Potency as 110k bb-b-b-b-but thats the price listed at the auction house right?
  • rashylewizzrashylewizz Member Posts: 4,265 Bounty Hunter
    edited May 2014
    qutsemnie wrote: »
    You know I didn't think about that when I was analyzing it. I don't think that is the cause of the price spike, but it will go a long way to mitigate the effect of the change.


    The fact that buyers of boxes can still construct perfect enchantments and sell those effectively bundling the coal wards. Thanks for pointing that out.

    Exactly my point in this post.

    Not to mention coal wards still cost 200 tarmalune trade bars, except that the potential of tarmalune bar rewards to net a profit has increased by around 75%
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