Cannys and Raps Droping prices

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Comments

  • Mooooooooo - Lost City
    Mooooooooo - Lost City Posts: 377 Arc User
    edited December 2012
    im in sanctuary where seal of war is 12-15m
    uncanny 50-85k
    raps 300kish

    da hell. if it's that cheap i'd have full set by now T.T
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  • Regenbogen - Lost City
    Regenbogen - Lost City Posts: 1,559 Arc User
    edited December 2012
    da hell. if it's that cheap i'd have full set by now T.T

    you got the r9+ ring already...and the weapon...

    are you a wizard?
    i am waiting for you my little flagcarriers b:kiss
  • opkossy
    opkossy Posts: 11,177 Community Moderator
    edited December 2012
    you got the r9+ ring already...and the weapon...

    are you a wizard?

    That is obviously a cow. :|
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  • OoArCsTeRoO - Sanctuary
    OoArCsTeRoO - Sanctuary Posts: 171 Arc User
    edited December 2012
    im in sanctuary where seal of war is 12-15m
    uncanny 50-85k
    raps 300kish



    Correction Raps are 175k-210k after todays NW, canies are 40k-50kish.. b:laugh
  • Sheswes - Heavens Tear
    Sheswes - Heavens Tear Posts: 1,216 Arc User
    edited December 2012
    Correction Raps are 175k-210k after todays NW, canies are 40k-50kish.. b:laugh

    meh i would be s3 r9 already if we had those prices here b:cry
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  • OIdpop - Heavens Tear
    OIdpop - Heavens Tear Posts: 1,052 Arc User
    edited December 2012
    I have been doing this NW since the second week of its release and i have made no profit off of it due to using all the mats to put toward gears and ill continue to do so.So far i made all secondstage nirv armor and weapon for my cleric,made smoker axes for my barb ill prob make those stage 2 next(just hope i dont get the double dmg effect).Tehn after that ill help the old wifey on here weapon/gears..so plz people stop crying about prices going low low,you have done it to yourselves on making prices low low when canny/raps are still in high demand lol,you yourselves have helped the market crash.
    This game is like washing hair with shampoo... Rinse and repeat if desired.
    Proud owner of many mains.101 bm,101 seeker,101 demon sin,100 sage sin,101 archer,101 barb,100 cleric,100 wiz( first toon since sept 08 finally made it in 2013)newly added mystic 100 HA,72 psy.
  • Whipporwhill - Raging Tide
    Whipporwhill - Raging Tide Posts: 23 Arc User
    edited December 2012
    I just want to put in my flaming gripe and moan and groan over the dropping canny and rap prices.

    It's bull**** that, not so long ago, raps were over a mill and now you have to kiss *** to sell them for less than half of that.

    If gold flooded the world market the price wouldn't drop. It's people that start selling it for less than what it's worth that force prices to drop.

    I knew this was going to happen just like I foresee NW not being around forever and prices going back where they belong. Banking a few of these suckers now for when that happens because it's going to be nice to say a few hearty f-you's to the people who lol me with blue spam when I try selling these for 300-400k.

    Economics suck.
    [SIGPIC][/SIGPIC]
  • HideYoHubby - Archosaur
    HideYoHubby - Archosaur Posts: 995 Arc User
    edited December 2012
    im in sanctuary where seal of war is 12-15m
    uncanny 50-85k
    raps 300kish

    Welcome to Archosaur, Cannies <40k and raps <200k, think last time somebody bought seals it was for 11.5m. Time when it was worth selling your tokens has kinda passed here, I myself am keeping mine and either saving/crafting N3 gear to sell out of em.
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  • Valirah - Sanctuary
    Valirah - Sanctuary Posts: 522 Arc User
    edited December 2012
    It's people that start selling it for less than what it's worth that force prices to drop.
    People sell for whatever they can get other people to buy at. Prices are crashing because the supply is greatly outpacing the demand. No one want to cut prices when selling, but if there's 100 other guys out there all trying to get rid of the same item, there is really no other option.
  • Whipporwhill - Raging Tide
    Whipporwhill - Raging Tide Posts: 23 Arc User
    edited December 2012
    Prices are crashing because the supply is greatly outpacing the demand. No one want to cut prices when selling, but if there's 100 other guys out there all trying to get rid of the same item, there is really no other option.

    In a perfect world everybody selling would stick to a 400k price for raps and there would be no price drop. In a perfect world, people wouldn't get greedy and want 10 million now instead of waiting for the 20 million their product is worth. In a perfect world, no matter how much supply over demand there was, people would keep their heads about them so as to avoid a further crash to the economy.

    But it's not a perfect world, is it?
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  • Valirah - Sanctuary
    Valirah - Sanctuary Posts: 522 Arc User
    edited December 2012
    In a perfect world everybody selling would stick to a 400k price for raps and there would be no price drop. In a perfect world, people wouldn't get greedy and want 10 million now instead of waiting for the 20 million their product is worth. In a perfect world, no matter how much supply over demand there was, people would keep their heads about them so as to avoid a further crash to the economy.

    But it's not a perfect world, is it?

    Price fixing? Worked real well for various communist regimes, where the state chose prices regardless of market demand. All that ended up with no one wanting to buy items that were artificially priced high, and no one able to find items priced artificially low. Doesn't sound very perfect to me.

    You claim people who want to actually sell their items at a price people are willing to buy at "greedy", huh?? The only greed I see is coming from someone clinging to a value no longer supported by the current market conditions.

    Rapture/Uncanny demand hasn't leveled off yet, so they are still selling for more than their new supply would dictate. I foresee prices to stabilize to a point where people make 5-10m per hour of NW, probably around 100k/20k.
  • Whipporwhill - Raging Tide
    Whipporwhill - Raging Tide Posts: 23 Arc User
    edited December 2012
    Rapture/Uncanny demand hasn't leveled off yet, so they are still selling for more than their new supply would dictate. I foresee prices to stabilize to a point where people make 5-10m per hour of NW, probably around 100k/20k.

    Which really sucks.

    And nice communist reference. Every one is an expert on the economy.
    [SIGPIC][/SIGPIC]
  • Jaabg - Sanctuary
    Jaabg - Sanctuary Posts: 2,256 Arc User
    edited December 2012
    Price fixing? Worked real well for various communist regimes

    Are you talking about the political communist states, or the economic communist states? If it is the former, plenty of examples, if it is the latter, no example exists, just like there is no free market economy in this world. Best not to confuse the two.

    Communist manifesto is a fascinating read as well, very interesting critique of the free market and mixed market problems. Solutions are not the best, but can't have everything in the world.
    And nice communist reference. Every one is an expert on the economy.

    Didn't you know? Everyone is a born communist expert on the internet b:dirty.
  • Nuff_Said - Raging Tide
    Nuff_Said - Raging Tide Posts: 222 Arc User
    edited December 2012
    Off course, only not as efficient as Nirvana used to be (I don't even get into merchanting because that's a whole different argument of *money making*).

    If you think farming nirvana made the most money farming wise (pre-NW), you were doing something wrong. I used to farm nirv during single and double drops, then I found other ways to farm much more effective that didn't need a squad. You need to find more things that are highly desired in stead of just following the norm.

    I can't make it to NW at all due to work and yet I still farm and make the same amount of coin that I used to...open your eyes people, there are more things to sell instead of uncanny and rapture crystals
    "I'm the best ever. I'm the most brutal and vicious, and most ruthless champion there's ever been. There's no one can stop me. Lennox is a conqueror? No, I'm Alexander, he's no Alexander. I'm the best ever! There's never been anybody as ruthless! I'm Sonny Liston, I'm Jack Dempsey. There's no one like me. I'm from their cloth. There's no one that can match me. My style is impetuous, my defense is impregnable, and I'm just ferocious. I want your heart! I want to eat his children!" ~ Mike Tyson
  • OIdpop - Heavens Tear
    OIdpop - Heavens Tear Posts: 1,052 Arc User
    edited December 2012
    sure why not wait tree years as that is how long nv lasted or some such and we can then say oO remember nw it was so NICE.

    ill even lolz with you in 3 years from today b:laugh

    noob lol,you make me sick you know that right..sit back down nub lol

    hell about a year ago i was spamming purchase of raps,canny at basicly what they are today..and people thought i was crazy lol,now look at it fool..man quit while your ahead and go play anotehr game.
    This game is like washing hair with shampoo... Rinse and repeat if desired.
    Proud owner of many mains.101 bm,101 seeker,101 demon sin,100 sage sin,101 archer,101 barb,100 cleric,100 wiz( first toon since sept 08 finally made it in 2013)newly added mystic 100 HA,72 psy.