Gold prices dropping, what to do ?

[vladizmas]

So, i used to sell gold at 0.5E / K . Now the same buyer is only offering 0.27E.

Should i sell everything as soon as i can before prices drop even more, or wait for something that can increase the price ? I am making ~10k per day

 

[Spraymaster]

I am hanging on to my gold hoping that the prices go up, but i Am looking at the charts and the prices just keep on going down..

 

[Ratz241]

More botters than ever before and combined with the dupe it's looking a horrendous situation right now, I would hold out personally.

 

[Ratz241]

comes down to a decision for each person whether or not it's worth it to continue profiting less or not ;-)

shame Blizzaga had to focus recent attention on hacks instead of dupes :-(

Indeed, It's a shame because you would still be seeing great gold prices now if the economy didn't get destroyed by the infamous dupe the chinese are using, not sure if it's been hotfixed or not but the damage is already done, so get used to these prices because they will be around for a while.

 

[minidruid]

Private buyers, end of story.

 

[lotrodude]

I doubt that the price of gold will go back up until the next expansion. It will have minor fluctuations around the holidays. Retail is about $1.20 per 1000g right now. It was a little under $1 per 1000g before MoP. So, it will most likely go lower than that due to the increased amount of gold available in the game with MoP. For example, I gained over 5k gold on each character that I quested from 85 to 90 (that included vendoring trash and selling a few items on the AH from each one). If everyone in the game has similar results, the demand for gold is going to be a little less than it was with Cata, thus the price will be lower when it finally levels out.

 

[Circles]

Save your gold until the market gets a bit stable. Prices might be lower in this expansion due to how easy it is to acquire gold. Blizzard is definitely doing what they can to crash the gold selling business.

 

[x11r6]

NEVER wait for better moments (unless at the very end of an expansion): they'll never come.

 

[lphomiej]

Just find private buyers. You obviously need to actually play the game to get a relationship with people, but they'll sometimes pay 3-4 times the going rate from those shady websites just for the security of transacting with someone they know. It could even be worth it for people to join raiding guilds and actually raid on a weekly basis to get these relationships gathered up. I couldn't imagine selling for $0.50 per 1000g rofl.

 

[lotrodude]

The price is not going to go back up by much if it goes back up at all. The retail price has not quite reached the place where it was prior to MoP, but it will soon. I expect it to go a little lower than that since MoP makes gold more accessible to the average player (non-botter).

 

[lphomiej]

NEVER wait for better moments (unless at the very end of an expansion): they'll never come.

I agree with this. You have to assume there's just going to be more and more botters as WoW gets more grindy. This means more gold in the server economies and world economy of gold selling. Which means gold will just keep getting cheaper for the buyer.