Will enhancement converter change the market for rare IO's?

I would guess definitely. Unless the costs of these converters are too great to allow them to have an impact.

I am really thinking it's a good time to sit on my cash. There're just so many changes.

It should be noted that currently, the conversion is random. Still, getting saddled with a sleep or confuse recipe, given the chance to turn it into a damage recipe, might be worth the cost to some people.

So it costs RL money? Damn.

I think it will have an impact in inverse proportion to its cost.

I think the best way to think of the converter is as a do-over button for the RNG. You see those big purple letters flash across the screen and you're really excited to see what purple recipe you got, and it turns out to be something you can't use and that is worth far less than average for a purple recipe. Hit the do-over button! It's like getting a second spin from the RNG. Maybe you'll get another low value purple, but maybe it will be that ranged triple that went for a billion inf the other day.

By converting relatively low value purples into higher value purples, we'll see some evening of the price curve there. "Cheap" stuff (as cheap as purples ever get) will get more expensive, while the most expensive ones will get cheaper.

You could use the converters on a trap of the hunter uncommon, but I think that would be pretty silly. You'd almost certainly get some other randomly worthless recipe.

The other place these might be valuable is on PVP recipes, again raising the prices of the cheapest ones and lowering the price of the most expensive ones. In fact, I'd guess that will be the primary use of them at first.

Again, how much of an impact they have will depend on how expensive they are. If each converter costs a few dollars, no sane person will ever use one. If a pack of 100 converters costs 100 points, I'd get some, and probably some other people would as well. The problem is that you don't get one conversion per converter. The number of converters you have to use up depends on what you're converting and what range of randomness you can live with. In general, it's about 10 converters per enhancement. So even 100 converters doesn't go all that far, when you figure a lot of the attempts won't produce anything more useful than what you started with. I'd like to see them even cheaper than a point a piece, but I doubt if that will happen.

Some people are getting seriously bent out of shape at the idea of spending real money to get something that can benefit you in game, or spending real money on something with random results. Personally, I don't see it. Pay to win doesn't much bother me in a game where I'm not competing against anyone. And we all spend real money just to play the game, and almost all the rewards in game are random. Whatever. It's going to get loud.

So this is basically a workaround for RMT? Buy the cheapest piece of the glad armor set, spend a bunch of irl cash on the converter things, and then change it until it's a 3% defense IO?

I sense that the worthless purples etc will shoot up in price on the market, as people buy these to convert

The cost for each type of conversion will determine the most effective way to use them. Sure you could gamble a Glad Armor: End/Rech, and you might get a +3% Def. But if it's random, total payout is about 2.6B for all the possible Glad Armors divided by the number, 6 or maybe 5 if you can't get what you started. On the other hand, gamble a Panacea: End/Rech for another Panacea, total payout well over 5B, so on average you'll be able to sell what you get for a billion. Ragnaroks are a distant second at 3B total, with the proc being the cheap thing to convert.

If I cared about earning massive Inf, I'd buy up some of the 160 Panacea: End/Rech Enhancements or Recipes on the Market for future conversion, or to sell for a nice markup to people smart enough to remember this post. But I don't plan to need any converters myself, and for a resale profit of 10-20 billion it isn't really worth my time. But if anyone does do this to make a profit, I'd like to hear the details.

I bought about 100 sleeps for dirt cheap im ready and raring to go!

Is this supposed to work on recipes or crafted IOs?

So, this is something that will basically affect mostly billionaire players and not real players?

By the way, prices on the cheapest recipe in the PVP Resist Damage set have more than doubled in the past week. I think these converters are already having an effect.

I'm stunned to say I've just had a small taste of what it feels like to be wealthy in this game, as one of my characters lucked out on the market and has a little over 40 million INF now. I'm not sure what to do with all of that yet. heh.