DZwart
Legacy of Elijah Officer
I just saw on the GW2 Facebook page that storage slots and bag slots are 20% off through Feb 26.
Black Lion Trading Company Sale
- Thread starter DZwart
- Start date
ursen
Officer SOE/LoE/Where's "here"?
Yah I checked Spidey just after the announcement, it was crazy. I'll wait a bit thank you.
RyanB
Legacy of Elijah Guild Leader
Which is why we all buy our gems with gold when there is NOT a sale going on, right guys? 
Long sale, really, so it'll work its way back down. Usually we're talking one day ordeals.
Long sale, really, so it'll work its way back down. Usually we're talking one day ordeals.
Brydon
Legacy of Elijah Officer
Which would mean that if you were going to buy gems to convert to gold, now's the right time, eh?
Is there a correlation in that market, or does Arenanet just fix the prices?
Is there a correlation in that market, or does Arenanet just fix the prices?
RyanB
Legacy of Elijah Guild Leader
Indeed. Any time there is a holiday or a sale is the right time to give Cash4Gold.
The gem/gold conversion rate works like a scale, much like the material traders worked in GW1, plus a two-way tax. It's an exchange that holds a giant pile of gold on one side and gems on the other. The price is dictated by how large one side of the scale gets. This pile does some great things.
Namely, it curbs spikes. Sure, people are adding gold and taking gems right now and the price is up, but just imagine it worked like the tradepost. You could imagine how the rate might be 10g/100 gems at the moment overnight. The two-way tax helps spikes, too, because it discourages speculation.
That's why I speculate/trade mini pets instead, as they are tied to the price of gold, but without the tax. Even better if you know the forging odds so you can "gamble" with the odds in your favor. Lastly, they tend to lag the gold spikes, so you can predict them getting a bump.
The gem/gold conversion rate works like a scale, much like the material traders worked in GW1, plus a two-way tax. It's an exchange that holds a giant pile of gold on one side and gems on the other. The price is dictated by how large one side of the scale gets. This pile does some great things.
Namely, it curbs spikes. Sure, people are adding gold and taking gems right now and the price is up, but just imagine it worked like the tradepost. You could imagine how the rate might be 10g/100 gems at the moment overnight. The two-way tax helps spikes, too, because it discourages speculation.
That's why I speculate/trade mini pets instead, as they are tied to the price of gold, but without the tax. Even better if you know the forging odds so you can "gamble" with the odds in your favor. Lastly, they tend to lag the gold spikes, so you can predict them getting a bump.
DZwart
Legacy of Elijah Officer
I only had to buy 30 more gems to get to the 480 mark. I was buying them slowly - about 50 at a time when I remembered to do it. So this sale just let me get my first extra tab a whole lot sooner. Too bad about the rate difference though, really no difference when the price of gems goes up by 20% or more to get that 20% discount.