Value of converters?!

I could use some help as a test i used 18 converters.

I bought in set lotgs end/rech for about 10 mill each

converted them to other in the set def i got lucky was 4 of them at 50 mill each and one 7.5%(lucky again) and sold that for about 80 million


this was a test..



has anyone worked out the relative value of converters to influ?

is one converter worth 10 million? 20? 30? or as low as 5? was this luck? was this norm?

any advice would be welcome

ty for reading

There is such an element of chance that I think it would be difficult to get a hard, fast number. But if someone has...well I'd like to see it as well.

Well, there's really no 'average' value since the market prices can change and vary so much.

Honestly, some of the best 'bang for your buck' for converters tends to be going by category, being able to convert a doctored wounds to a Numina, an analyze weakness into a shielder breaker, a red fortune into a luck of the gambler's, etc. Since the converters keep the level, then if you know for example there are only 2 sets in a given level range you can guarantee you'll get a specific set.

Converting off rarity is a -complete- crap shoot. You have no guarantee of getting anything you want. Converting within a set isn't nearly as risky, but you're still praying on the RNG. This, at least, can be mitigated if you're converting to a set where pretty much any piece is valuable, versus trying to convert into a very specific enhancement (ex: LotG proc).

Sooo, ya. hard to assign any specific value. Getting a 10,000 Doctored Wounds recipe and converting it to a Numina's proc for 100,000,000 is, well, pretty nice.

What Agent said is spot on.

I would just like to add converters ROCK THE HOUSE! That is all.

Converters sucks... at least to me.
Everytime I used I ended having something with less value.

Yep. Values will vary, but here's my experience.

I spent inf buying up a dozen PvP enhancements before converters were launched. I then spent a metric ton of them trying to get Glad Armour def procs. One took just 1 converter to hit the proc, the longest took 49 converters. (using the "out of set" roll until I hit Glad Armour, then "in-set roll" to get the proc.) By the time I finished, I was crying at the amount of converters I'd spent. Going on the 300mil price tag of the proc at that time, it was a poor investment. The same went for Steadfast End/Res enhancements. Had a dozen of those bought for almost nothing, but it cost me a ton of merits to get the Res/Def proc and I now have a LOT of KB Prot IOs that I can't bear to spend converters on flipping in-set.

The "best" (for my patience/gambling levels) way I found of making money, that has a chance to give a return on investment for 1 converter, was flipping ATIOs. Buy for 2-3mil, flip with one converter and have a chance at a Brute/Scrapper IO that can make you 50-70 million.

Over a week (half an hour a night), I spent 131 converters on 90 ATIOs keeping track of my profit and converter costs as well as listing fees. After keeping about 30 of them (including that as a "loss") I had 1.8 billion in the bank which equated to roughly 13.7 million/converter. Would have been more if I'd sold everything I flipped. The thing for me, is that it was nowhere near as depressing as burning converter after converter on the same enhancement trying to hit that one "gold" IO. The most I used was 7 after an unlucky streak, but the average was 2 on any one IO. I think I was selling any IO that was selling for more than 4x what I paid.

So 13.7m/converter is my rate, but I'm no Marketeer and have no real desire to spend time doing it. Just a bit of common sense, small time investment, and a low initial outlay (2-3m per IO, 2 converters and potentially 20-80m profit). My head was saying, PvP IOs will always be earnable, but ATIOs are only there if folks pay for 'em. Eventually Super Pack madness will stop and they will become more rare. Super Pack II is sure to be on the way with ATIO v2 as well.

I'm sure other folks can get more from them, and obviously prices are subject to change Also - if this is a niche (which I doubt it is), prices will even out.

-H

Last night I needed a Stalker Acc/Dmg ATO to complete my new build. But the market ones were going for 30M+ despite some recent sales of 5M.

I was pissed. I let a bid stand for about an hour but it didn't fill at 20M.

So I bought a different stalker ATO for 3.55M. And then I spent 6 converters to get it to Acc/Dmg (2 tries at in-set conversion). Worth it? No idea, probably not if there is a value attached to converters.

Value of sticking it to the marketeer trying to make me pay 30M+ for this ATO? Priceless

Dammit, Granite Agent! You resisted our mind control rays! AND you didn't have to wait overnight for that bid to fill! (OK, slightly more constructively: I think of things as filling "in about five minutes", "Overnight", and "over a weekend." A lot of people buy and sell at the beginning or end of their play session, and a lot of people play more on weekends. Good on you for waiting, bad on you for not waiting ENOUGH. )

Getting back to the OP: I haven't been squeezing every last drop of blood out of the stone, but I seem to get around 200M for my 10 converters going from Alignment Merits converting Kin Combats. I played around a little bit with converting L30 rares into better L30 rares and did much worse (maybe 100M for 10 converters), I played around a little bit with converting purples. The money was good but I could get almost as much just flipping purples, so I started doing that instead.

8.528 billion / 150 converters = 56.8 million per converter.

That's my spreadsheet says.



EDIT: 9.240 billion / 155 converters = 59.6 million per converter. It fluctuates around these two values.

Agent White,

Your suggestion about Analyse Weakness --> Shield Breaker was just what my baby peace bringer needed. I only need 3 more to complete my 2 level 30 sets!

Thanks!

The value of converters would probably be best expressed in Merit points, rather than influence since you can convert the two currencies only in one direction.

If you want to calculate the expected value of converters for a given approach, fire up your spreadsheet and it probably has a function for 'geometric distribution'. This is used to calculate the average number of trials you'll need (presuming the chance is equal - which I think it is).

However, there are two somewhat fuzzy situations where converters really pay off:
1. If you need a complete set where some elements are far more expensive than others. If you want a complete set of Miracle, it's a lot cheaper to buy the cheapest enhancement of the set repeatedly, convert your way to 4 - 5 enhancements in the set and then just buy the last 1 - 2.

2. If you're looking for specific purples. Due to the enormous price on purples, the relatively small number of potential sets and the fairly cheap nature of out-of-set conversions, getting a +3 def global PvP enhancement will almost always be cheaper if you buy some unwanted PvP purple and then convert out-of-set/in-set until you get the +3 def you wanted.

And, of course, if you've got nothing better to do, you should probably monetize your converters by simply performing conversions of the #2 above and then selling the resulting high value purples.