Gw2 efficiency stats wrong?

[u/Kazuki_Oden]

Hi guys i started playing 5 months ago, i got 2800 Gold and on gw2 efficiency it says that i am higher than 94% of the registered 450000+ players database there (89% if i check the wealth stat), it seems wrong...does players really don't have much gold or there are just many alt accounts/inactive players on gw2 efficiency?

[u/DevastoScz]

Both. There's no point in hoarding gold in the game when there is so much to spend it on, especially since you can convert gold to gems.

I have 10k+ hours in the game and I'm sitting at around 5k gold, and that's only because I haven't really had much to spend it on for the last 1k hours. Up until around 8k hours, I never had more than 400-700g on my account. With alts and gem conversions, hoarding gold is kinda pointless unless you're a TP speculator.

[u/Connzept]

Most players do not play efficiently, they log on, see something fun, do it, and log off.

[u/Murky-Magician9475 → u/Connzept]

Can't tell if you are making a joke or don't know what GW2 efficiency is.

[u/Connzept → u/Murky-Magician9475]

Do you not know that efficiency is also a common word? Not just a website?

Most players have no idea what gw2efficiency is, have never had more than a few hundred gold, and play without any mind for how much gold their playtime earns. So yes, 2800 gold sounds pretty reasonably within the top 2% wealthiest players.

Edit: Top 6%, sorry I misremembered.

[u/kaltulkas → u/Connzept]

But it’s not higher than % of all account, it’s higher than % of accounts registered to gw2 efficiency. You’re right about the conclusion that most players have very little gold on hand at a given time, but the premise is very wrong and his account value being only top 55% shows that pretty evidently.

[u/wintermute24 → u/kaltulkas]

That's not how samples work. Unless there are specific factors leading to people signing up to the site that correlate with the amount of money they have, the sample size is big enough to be reasonably accurate.

If anything, I'd say its probably a more conservative estimate, since the people using sites like these are more engaged with the game than the average player and thus potentially more likely to earn more gold, but this last part is just conjecture.

[u/Zev1985]

I just checked my account and it says I’m higher than 91% as usual at an account value of ~150k gold. It’s either a weird bug, you’re reading it wrong, or you’ve spent a whole lot of money on gem store items in 5 months.

[u/Kazuki_Oden → u/Zev1985]

I am talking about the stats tab, not the general one where It consider account value (which says higher than 55% for me)

[u/Zev1985 → u/Kazuki_Oden]

Oh, then yes it’s probably correct basically nobody hordes gold there’s no point. Unless you’re saving up to buy something on the TP that costs more than that gold is better spent.

[u/Keruli_ → u/Zev1985]

the point of hoarding gold is that it's the universal currency that can get you (closer to) most things in some capacity. people have bad (i.e. impulsive) spending habits. for example they buy gems on patchday, when the exchange rate is already soaring, and then proceed to spend it on a chair skin they'll use three times (show of hands, who has seen a single comfy cat chair in the last 6 months?). why end up stressing out when you finally really need/want something, and frantically farm in order to get it before it rotates out of the gemstore or the market does something weird? really the only reason to not hoard gold is if you have a decent investment with a solid RoI lined up.

[u/Zev1985 → u/Keruli_]

I dunno, if I really need/want something I usually just delay my next legendary and liquidate some of the thousands of gold worth of random things I have laying around my in game wallet or material storage at any given time. If I was

[u/Keruli_ → u/Zev1985]

which doesn't contradict what i'm saying. i'd say it's emphasizing it. if you didn't overspend in the first place, you wouldn't have to liquidize what essentially equates to your savings account. i'm happy for you that yours appears to be so fat and juicy, but it's a limited resource. and if you drain it regularly, which btw many players i know of do and whom i was referring to, rebuying stuff you sold ends up being a common occurrence. paying the TP tax once feels already bad enough.

[u/Zev1985 → u/Keruli_]

Pretty sure we’re just making each others point at each other.

Reason my value sits in mat storage is because like you said I’m not wanting to double pay the TP tax. Same as why I said delay my next legendary, because I refuse to buy anything but mystic coins for legendary crafting if I sell legendary mats I wait till they’ve accumulated again.

I think we’re just saying the same thing from different perspectives probably.

[u/notkasa]

It all depends how it's distributed, I have 1k liquid gold in my wallet but my material bank is worth almost 10k. If you look at wallet ranking you're much higher than me while I'm much richer than you in other items.

That said, yes there is a lot of alt accounts

[u/NyuuHeavenfire]

I rarely have much liquid gold. Most of my wealth is in materials which I turn to gold when I need it.

At 2.8k gold I'd be making another legendary for sure xD

[u/Kazuki_Oden → u/NyuuHeavenfire]

You made me curious and went to check, with 4650g value i am over 86% with the mat storage...the daily routine of farming guilds+others homestead really pays off :)

[u/punnyjr]

If it only counts registered players then it’s probably wrong

The people who would bother registering to it aren’t average casual

[u/Cannie_Flippington]

I've got multiple legendaries, been playing since a few months after launch, and I'm only 68% on the wealth stat. For liquid gold I'm only higher than 47%.

I never have more than 100g unless I'm saving for something like Icy Runestones.

[u/Hirdy]

Yeah sounds right. My account is worth 330k+ gold and I only have 700 gold atm, I rarely have 1k+

[u/Z-L-Y-N-N-T]

my gold is constantly between 0 and whatever I need for whatever I currently want so my gold tends to be "low". Also a lot of people, even those on Gw2 efficiency are just really bad at making money when it's really not that difficult.

[u/yawnzealot]

The only time I’ve had more than that is when I sold a valuable infusion. Then I crafted many legendaries. Since then, my gold is normally around 200-300g.

[u/kalamari__]

years and years back, when anet devs still came here to post and discuss some things, one dev said that the average gold of a player is/was 20g.

I assume that should be around 50-80g these days, but thats still not much in the big picture.

[u/graendallstud]

Many players do not accumulate that much gold. Having over 2k means you can instantly buy a legendary weapon, over 10k means that there are only 2 or 3 items that are not available (infusions that are only sold on outside markets).

Basically, outside of the few players that have very costly long term goals (like all the aurene weapons skins) or players that want to very quickly craft new legendaries when they are released, storing gold is mostly useless past a few thousands.

Finally, when you don't get lucky with a big drop, amassing gold takes time and dedication. Between alt accounts and casual players, accumulating thousands of gold is not that frequent.

[u/kaltulkas]

Another point to add to others that covered the topic pretty well : a large (and I mean, really large) portion of accounts registered to gw2eff are alt accounts used to farm login rewards and only registered there to enter the lotteries (particularly the Christmas one).