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Gem market crash

Seems like either dupe or chineese farms started to cash in through gems too.
 
Eisenberg said:
Seems like either dupe or chineese farms started to cash in through gems too.
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i don't think it's dupes. i think chinese ppl are starting to flip gems as well. funny, you will get more for selling @ ebay now. they probably didn't adjust their ebay prices yet.
 
dragonxdraco said:
crash is disappointing. I was happily moving gems at .20+ per million after cut...now, i just shake my head.
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That's interesting, because the gold was selling at .25 (17.5 cents per million after cut). Pretty sure gems take a 30% cut as well :P. I don't remember the last time that gems were selling anywhere near the floor price of gold.


Anyways, the economy isn't being ruined by item/gold botters lol.. It's being ruined by the AH bots that have artificially inflated/deflated prices since the release. Blizzard should be working harder to prevent these kinds of bots first before they take out all of us (the small fish).
 
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blista08 said:
Anyways, the economy isn't being ruined by item/gold botters lol.. It's being ruined by the AH bots that have artificially inflated/deflated prices since the release. Blizzard should be working harder to prevent these kinds of bots first before they take out all of us (the small fish).
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FML a man of my cloth.. been screaming about artificially created prices for fkn ever... thats why the price of gold got so low so quickly
 
Cem said:
FML a man of my cloth.. been screaming about artificially created prices for fkn ever... thats why the price of gold got so low so quickly
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When you go to the gold sites, you'll typically see them selling gold for slightly more than what you'd get after Blizzard's take if you sold an emerald. (i.e. they sell the gold at .09 per million, an emerald will sell at .087~ per mil [after the 30 %]). It is no coincidence lol.
 
blista08 said:
That's interesting, because the gold was selling at .25 (17.5 cents per million after cut). Pretty sure gems take a 30% cut as well :P. I don't remember the last time that gems were selling anywhere near the floor price of gold.


Anyways, the economy isn't being ruined by item/gold botters lol.. It's being ruined by the AH bots that have artificially inflated/deflated prices since the release. Blizzard should be working harder to prevent these kinds of bots first before they take out all of us (the small fish).
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i request this guy is banned from these forums
a bot asking for other bots to get banned
 
kork09 said:
i request this guy is banned from these forums
a bot asking for other bots to get banned
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Yawn -- you're a moron. You don't understand what the AH bots do, do you? They're the reason you're unable to sell jack.
 
moldran said:
Oh, i thought the reason is there is no buyers.
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lol there are still buyers out there. The reason the gold doesn't sell is because of AH bots rising and dropping prices. All of their profits are made by sniping bids for cheap, selling good items for extremely cheap, and leaving the rest of the player base struggling (including botters). Those damned things are the reason 3rd party sites are selling gold for .07 Per Million lol.
 
@blista08, I used a script to craft from flawless squares to radiants/perfect star (depending on price)

This only worked for Rubies/Topazes. I made a crude excel sheet, so I know i was making more than Gold RMAH after cut.
 
blista08 said:
Those damned things are the reason 3rd party sites are selling gold for .07 Per Million lol.
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IMO it is totally wrong. AH bots cannot influence the supply and demand. They only take profit from noobs sniping godly items for cheap and selling them for normal market price.
 
blista08 said:
Yawn -- you're a moron. You don't understand what the AH bots do, do you? They're the reason you're unable to sell jack.
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Lol firstly i make more then you and i don't even bot ( ok i bot but i make a lot more from non botting) however i have to spend some time which i hardly ever do cos it's simply not worth my time .
Second your a stupid retard with the brains the size of a 12 year old .
I very well know what an ah bot is YOU are the one who doesn't know what an ah bot is . you are cheater yourself and ask that smarter cheaters then u are banned
well fuck u
 
As i predicted, along with gem prices crash, items will now follow, theres already twice as many items of any kind on RMAH as their equivalents in terms of quality at GAH, guess what impact on prices will it have...
 
Eisenberg said:
As i predicted, along with gem prices crash, items will now follow, theres already twice as many items of any kind on RMAH as their equivalents in terms of quality at GAH, guess what impact on prices will it have...
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Game over.
 
IGG said:
IMO it is totally wrong. AH bots cannot influence the supply and demand. They only take profit from noobs sniping godly items for cheap and selling them for normal market price.
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Wrong! They influence the market more then you know. I´ts been know for a long time, that bots are around that manipulate gem prices. When you post gems for sale at GAH, often you will experience that the suggested sell price is based on the previous 10 trades.. Thats because AH bots are selling gems at a low price, and when normal players follows suggested price, another AH bot quickly purchases the gems that the unwary seller has sold, for a price below the actual market price..
 
quark82, I know that trick. I thought about it a lot and came to a conclusion that ah gem bots were used to get as much cheap gems as possible (and tomes too) and price influence is only a result, not the final goal of these ah bots. That tricky game on gem market started long, long time ago when converting gold to flawless square gems and crafting top emeralds was pretty profitable (especially with flawless square emeralds bought for 3-4k instead of 11-18k). Selling gems these times were better than selling gold @ .25 on rmah.

Now when bad thing happen to d3 economy ppl become nervous and start to blame all the bad agressive dumper botters, gemAH flipper bots. No profits now bc all other ppl are just bad a and greedy.

But the only thing is that it's you alone do not understand what's happening to the game. I'm really amazed that it lasted that long (almost a year) and still can make some profits and imo bliz ate gods of marketing because they made it last that long (not to kill it fast).
 
IGG said:
quark82, I know that trick. I thought about it a lot and came to a conclusion that ah gem bots were used to get as much cheap gems as possible (and tomes too) and price influence is only a result, not the final goal of these ah bots. That tricky game on gem market started long, long time ago when converting gold to flawless square gems and crafting top emeralds was pretty profitable (especially with flawless square emeralds bought for 3-4k instead of 11-18k). Selling gems these times were better than selling gold @ .25 on rmah.

Now when bad thing happen to d3 economy ppl become nervous and start to blame all the bad agressive dumper botters, gemAH flipper bots. No profits now bc all other ppl are just bad a and greedy.

But the only thing is that it's you alone do not understand what's happening to the game. I'm really amazed that it lasted that long (almost a year) and still can make some profits and imo bliz ate gods of marketing because they made it last that long (not to kill it fast).
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How do you come to the conclusion that i dont understand whats happening to the game? I quoted you, for stating that the only thing AH bots did, was sniping too low priced items, and re-listing them on AH..

I actually blame Blizzard more then the botters, for ruining the game - and thus the game echonomy.

No players - no sales. It´s as simple as that.

edit: seriously.. whats wrong with the forum and all those messed up symbols?
 
In all honest the gem market is gonna crash sooner or later, especially with the upcoming additions of craft all. Having crafting scripts with 4-8 bots running wouldn't really be worth it if anyone can just buy their 729 gems and 1631 tomes and just click a few times and proof you get that radiant star.

I'm guessing all gems would drop to the 18-19 million mark very fast. Because of the flooded market rubies, topazs, and ameythst are already there. I definitely wouldn't go below 19 million unless there is some serious duping going on, which their probably is. Emeralds will definite at the very least go to the 19 million mark.
 
Just gonna throw this out there, there was botters in d2 since first year of release, and some of us made lots of money off that for 10 years.
 
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