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Forums > Home› Neverwinter Discussion › General Discussion (PC)

Market Crash on Original Artifact Belts

myleafsmyleafs Member, NW M9 Playtest Posts: 40 Arc User
edited November 2014 in General Discussion (PC)
Cryptic, when you first introduced the new artifact belts, I had to have one. I was tired of running around with a blue belt that was better than any of the purple ones, imo. So I ran ton's of eLOL hoping to get a drop, but it was so rare to get one, I just bought one when they were all around 3M AD (DEX Belt) on the AH. Now I look and see that they are sitting at around 900K and seem to be dropping in value as each day wears on. I see all the new belts that have set bonuses going for around 300K, with the cloak going around 2M AD. I've got to tell you that I'm pretty bothered that you didn't make the new belt alot more rarer than the other artifact equipment that you introduced in Mod 5, considering there were already many original belts in circulation. This seems to be an unintended consequence; in your rush to get Mod 5 out as planned, you overlooked that fact that many people have already invested heavily in their original Artifact belt, only to see them get undercut by the new equipment. Please, I put so much time in to this belt, don't destroy it's value so soon! Hopefully you will make adjustments to the rate at which new belts drop, with the intention of preserving the value of the original belts.

Thanks.
Post edited by myleafs on

Comments

  • beckylunaticbeckylunatic Member, NW M9 Playtest Posts: 14,231 Arc User
    edited November 2014
    They increased the drop rates on the old belts too, you know.

    The value of your belt, the one that you've been using, lies primarily in the fact that you got it sooner. You paid for that privilege.
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  • burkaancburkaanc Member Posts: 2,186 Arc User
    edited November 2014
    you had your fun with the belt, now let ppl who cant/dont want to spend millions of ad get the items, it will still take 40+ hours of foundry farming to upgrade them
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  • sockmunkeysockmunkey Member Posts: 4,622 Arc User
    edited November 2014
    When I bought my phone last year, it cost me a lot of money. I could get the same phone this year, for next to nothing. Funny how that works.
  • myleafsmyleafs Member, NW M9 Playtest Posts: 40 Arc User
    edited November 2014
    There was no need to increase the drop rate is my point.

    Go months without increasing the drops, then when everyone bought them. you make it widely available.

    That's like buying a car for 100k, then the next day they sell it for 20K, yeah, you wouldn't be angry at all!
  • frishterfrishter Member Posts: 3,522 Arc User
    edited November 2014
    Ok, so you admit that the drop rate was so bad that you had to buy it and not farm it, but now that you have one, you don't want anyone else getting one either? Don't you think that's a little selfish? The drop rate was at an unfarmable rate and then you had to spend millions to refine it which is just ridiculous.
  • sockmunkeysockmunkey Member Posts: 4,622 Arc User
    edited November 2014
    myleafs wrote: »
    There was no need to increase the drop rate is my point.

    Considering all the rage over low drop rates and the unforgiving RNG system. Its fairly clear there was at least a demand for change, even if you might not agree over the need for it.
  • myleafsmyleafs Member, NW M9 Playtest Posts: 40 Arc User
    edited November 2014
    I don't want them decreasing in value over 300% within a month. Yeah that's what I want.
  • darthpotaterdarthpotater Member, NW M9 Playtest Posts: 1,261 Arc User
    edited November 2014
    Cha belt is 180k now :)

    I think the problem is not the old belt prize but, the new ones are not better.
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  • healaryhealary Member Posts: 600 Arc User
    edited November 2014
    All non-consumable items drop in price over time. Equipment is one of them. Their prices drop faster when there are more supply and better items of the same categories enter the market. In the case of the old artifact belts, unfortunately they don't come in sets and supply has been greatly increase and demand fizzled due to better belts and outrageous RP item and mark prices.

    Even though OP complained about he overpaid for the old belts, the hyperinflation in RP items and blue marks have actually made the total cost to level the old artifact belts now much higher than when the belts were 2 million each. See? The drop in price of 1-1.5 million AD of an old artifact belt is hardly offset by the 3.5 million more AD need to refine it. And don't forget there are now many more new artifacts and artifact equipment in Mod 5. Players are not made of AD, particularly the new ones. This whole new system don't have a leg to stand over time.
  • sockmunkeysockmunkey Member Posts: 4,622 Arc User
    edited November 2014
    myleafs wrote: »
    Go months without increasing the drops, then when everyone bought them. you make it widely available.

    This is where you are wrong. Not everyone had a belt. In fact, id be willing to believe the vast majority of players didnt. Only a small percentage of upper tier players were really in a position to afford to buy and refine one.

    I expect, most people are happy about the prices dropping. I expect, most people have been waiting for the drops to increase. So they can finally get their own. You got yours, let everyone else have a turn now.
  • myleafsmyleafs Member, NW M9 Playtest Posts: 40 Arc User
    edited November 2014
    1) I didn't have to buy it.
    2) You'd be mad too.
  • jorifice1jorifice1 Member Posts: 1,042 Arc User
    edited November 2014
    It's called a "Bubble".
    Look it up.
    The RnG was Borked big time, creating hyper inflation (especially in the first couple of weeks) on the original Belts.
    The new drop rate seems to be about right. If you play the Game, you WILL get your Artifacts.
    The major issue now is RP (but that atrocity is another Post).
    'Wen considered the nature of time and understood that the universe is, instant by instant, recreated anew. Therefore, he understood, there is in truth no past, only a memory of the past. Blink your eyes, and the world you see next did not exist when you closed them. Therefore, he said, the only appropriate state of the mind is surprise. The only appropriate state of the heart is joy. The sky you see now, you have never seen before. The perfect moment is now. Be glad of it.' Terry Pratchet The Thief Of Time
  • myleafsmyleafs Member, NW M9 Playtest Posts: 40 Arc User
    edited November 2014
    healary wrote: »
    All non-consumable items drop in price over time. Equipment is one of them. Their prices drop faster when there are more supply and better items of the same categories enter the market. In the case of the old artifact belts, unfortunately they don't come in sets and supply has been greatly increase and demand fizzled due to better belts and outrageous RP item and mark prices.

    Even though OP complained about he overpaid for the old belts, the hyperinflation in RP items and blue marks have actually made the total cost to level the old artifact belts now much higher than when the belts were 2 million each. See? The drop in price of 1-1.5 million AD of an old artifact belt is hardly offset by the 3.5 million more AD need to refine it. And don't forget there are now many more new artifacts and artifact equipment in Mod 5. Players are not made of AD, particularly the new ones. This whole new system don't have a leg to stand over time.

    The most sensible post here. Makes sense.
  • sockmunkeysockmunkey Member Posts: 4,622 Arc User
    edited November 2014
    myleafs wrote: »
    1) I didn't have to buy it.
    2) You'd be mad too.

    No, i'm not. And considering you seem to be in the minority here, in this very topic. Seems to indicate the only one mad about it, is you.
  • beckylunaticbeckylunatic Member, NW M9 Playtest Posts: 14,231 Arc User
    edited November 2014
    I did buy a belt, because I wanted it when I wanted it and not later, but I think increasing the drop rate now is terrific. Because... not everyone has my resources and couldn't get one when I did.

    So yeah, Wisdom belt now is half what I paid (-ish, I bought blue quality). I don't care. I got to refine it up during the first RP bonus event, which is what I cared about.
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  • aulduronaulduron Member, NW M9 Playtest Posts: 1,351 Arc User
    edited November 2014
    For an entire module, I tried farming belts in SoT and LoL without success. Once mod 5 came out, In 2 days, I got 2 int belts, a str and a Selarine. I sold an Int belt for 1 million (they were 2 mil the day before when I got the first one). Currently, I'm only wearing the Int belt and, at blue, it's not as good as the belt it replaced. I don't know when it will surpass the onld one, but it will probably be after I spend a couple of million on RP, or after a year of farming RP. The other 2 are in the bank (I have 6 lvl 60s), because I can't decide if I want to wear them.

    If you're already wearing an arti belt, why do you care about their price?
  • iambecks1iambecks1 Member Posts: 4,044 Arc User
    edited November 2014
    The current drop rates are correct for green artifact gear that then needs to be leveled up either costing a small fortune in real money or a large fortune in AD or a idiotic amount of time grinding , if the gear dropped already legendary the old drop rates would have been reasonable .
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  • myleafsmyleafs Member, NW M9 Playtest Posts: 40 Arc User
    edited November 2014
    The reason I care is that they held their value for months, I thought that it was the dev's intention to make this gear rare . But it was explained previously that the cost to refine it has drastically increased, so the value has gone down- makes sense. Now the Devs need to make the blue marks drop way more frequently, and whoever stockpiled them, oh well.
  • oldbaldyoneoldbaldyone Member Posts: 1,840 Arc User
    edited November 2014
    Buyers remorse is the term you are looking for. To be honest, this game specializes in it.

    Buy a belt? Drop rates increase the next day.
    Buy a mount? Coupon drops the next day.
    Buy a companion, you get a better one the next day.
    Buy a Ioun stone? Goes on sale.
    Buy character slots? Goes on sale the next day.
    Buy a nice belt? A better one drops the next day.
    Finally get all the gear you want and pay to get the attachments and enchants...better gear and better enchants and better attachments are released.

    Does it suck? Sure. I'll have it when I buy my next car and one goes up for sale cheaper the next day. Thats the risk of buying things.

    PS half the people reading this thread see one thing: I paid 3m for mine, you should have to pay 3m for yours. Not the way the world works son. Honestly, these belts should have NEVER been so rare given how they are leveled up.
  • walk2kwalk2k Member Posts: 928 Arc User
    edited November 2014
    sockmunkey wrote: »
    When I bought my phone last year, it cost me a lot of money. I could get the same phone this year, for next to nothing. Funny how that works.

    I paid almost $800 for this 8-track player! How come when I put it on Ebay nobody will give me even $750?? :rolleyes:
  • wimpazoidwimpazoid Member Posts: 504 Arc User
    edited November 2014
    The thing is, you don't just hang around waiting to kill one dragon. You ride around in masses and kill 15 every 45 mins

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  • cheesegromitcheesegromit Member Posts: 540 Arc User
    edited November 2014
    I'm not sure I can adequately put into words how happy I am about this. I wrote off the idea of ever getting an artifact belt since they were both horribly rare and expensive. Some of them still aren't what I'd consider cheap but a least they're now more obtainable if you don't have the time or luck to get one to drop for you.
  • zebularzebular Member, Neverwinter Moderator, NW M9 Playtest Posts: 15,270 Community Moderator
    edited November 2014
    I too am very happy drop rates have increased and market value decreased. Makes for a more enjoyable, less-work feeling, game. Bravo, Cryptic! Thank you!
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  • piejalpiejal Member, NW M9 Playtest Posts: 403 Arc User
    edited November 2014
    Well buying equip is not investment
    it's like buying a mobile phone each day the value is droping when the new one release
    Because that's how the market work
  • myleafsmyleafs Member, NW M9 Playtest Posts: 40 Arc User
    edited November 2014
    Okay, I now realize that the belt itself has no inherent value, rather it's value comes from refining it. It was my mistake to think that it was a rare item and worth the investment. It makes absolute sense that this equipment be available for all, so they have something to upgrade and work towards. It doesn't hurt that refining costs have gone up dramatically, and my inability to put two and two together, has resulted in a net loss for me. This thread is no longer needed, so Mods you are free to lock.

    Thanks for the input, enjoy your day!
  • zebularzebular Member, Neverwinter Moderator, NW M9 Playtest Posts: 15,270 Community Moderator
    edited November 2014
    Locked by request.
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