Can we get a simple yes or no if current weapons will be able to be ascended in The Taken King. Personally, I don't care about all legendaries, but I feel that there are 3 sets of weapons that should be ascendable:
1. Exotic weapons.
2. Raid weapons.
3. Trials of Osiris weapons.
The fate of your playerbase is dependent on this answer and many of us will not even consider staying with the game through TTK and beyond if we have to start completely over with crappy weapons. The grind to level 30 prior to The Dark Below was too much and you spent most of time with horrible weapons. I will not be doing that again.
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I say we should be able to ascend anything in TTK. I would like some of the new fresh stuff, but sometimes prefer the old gears just because. I feel Bungie shouldn't force us to toss out our old gear just cause they think it's out dated or whatever the reason is. We as players should feel legendary of the stuff we grind for so that the new players can admire us and be like, "Damn I wonder where he got that piece of armor". You get the point. If they choose to not give us the option to ascend our old gear then all of the hours of grinding for that sweet armor or weapon would have been a waste of time. I don't know about that 10 year plan if this the rate that they're going at.