Over/Under on a Patch to get Converters in

This didn't work out at all the way I expected. As soon as I heard about the converters, I bought a whole bunch of Glad Armor End/Rech pvp IOs for under 10 million inf each. I had visions of selling them for 2 billion each the day converters went live. Didn't work out like that. I converted reward merits into hero merits and didn't get any converters until today.

Now I'm sitting here comparing prices, and I'm not sure it even makes sense to use converters at all. At three converters a pop, it would be, what 15 converters on average to get the 3% Def IO? (If I did the math wrong, it's because I have lots of germs and no sleep). And then I can sell it for a whopping 300 million inf. That's about 20 million inf per converter.

But if I just use 3 converters and turn it into whatever random Glad Armor I get, it will be worth about 200 million, no matter what it turns into. That's more like 65 million inf per converter.

Or I could just sell the end/rech IOs I've been sitting on. I bought them for under 10 million each. Now they're worth 150 million each. That's... division by zero error million inf per converter!

So I'm not going to make anything close to the billions I had envisioned, but I am going to make a big profit. And I don't actually need to use any converters to do it!

Seems accurate with respect to the numbers. (And I cover the odds in my converter mini guide; yes, 15 converters on average to hit a specific converter on in-set conversions, with a high variance.)

I'm betting on prices going up- not all the way back up, but up. Play the long game, peter, it'll work out for you.

I don't think so, for a couple reasons:

1) A lot of people are willing to buy something and convert convert convert "because they heard that you can sell it for zillions" (the word DOES get out; it got out on Luck Charms eventually...) or are otherwise bad at math.
2) We've got a ... roughly... 4-year supply of unloved PVPs being burnt up right now. After those are slotted, used up, gone in whatever way, we're back to replacement rate. Which is still about ten times higher than the old rate of, say, Shield Wall.