Somewhat rare, but often enough to be very annoying. Melee an enemy when they are a one-melee kill, and my character/camera hones in on them like normal, but no sound or damage occurs. Not a range problem; just fails to actually count a melee that has no reason not to count. Very frustrating to die because of this
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The real question everyone should be asking is are titan players just better at melees or are titans better at melees? I can almost never out melee a titan but most of the time I think that's just because the person playing the titan is so much more confident in spamming the melee button. The only time ghost melees really happen with me is when it has something to do with strand and even then its not that big of a deal. I also don't use a shotgun much so I don't melee as often as some other people. It does look pretty silly when you lunge and bounce back like you hit something that you didn't hit.