A lot of people are going to claim it is overpowered simply because they see the thing a good deal, and at the moment, it's the only legendary of its archetype.
So if bungie does nerf the archetype they are literally nerfing an ENTIRE ONE GUN and then by default the entire archetype because for whatever reason they can't change an individual gun's stats. No seriously. They will nerf one gun's entire archetype over the one gun. Either the impact, the stability, or more than likely both(bungo over-nerfs things that way) simply because people have it
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I do believe the timepiece has the same impact and fire rate, meaning it's not the only one.
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Oh. And if you're talking about praedyth's timepiece, then don't bother because you don't use that one in current content. Not in iron banner, not in trials, not in any newer pve.
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Timepiece? Do explain which one. Full name please. No, I'm not being an ass, I'm actually asking. I'd like to be wrong