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Gold is now sellable on the RMAH

pikachu2003 said:
No one should be selling gold on AH. Horrible returns.

100k gold = .25
100k of inferno crafting (current rate 1900) Will get you 50 x .25 = $12 and change.
Fierybrimstone is selling at 250k current rate of .49 on AH only 2X that of regular mats. I believe this item will set the tone if it moves up in price or not will determine how lucrative commodities on RMAH will be. Especially once the buff hits in 1.1 patch.

This will be interesting to see where people make their bets.
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explain plz
 
markn12 said:
comeon people its math go back to school.

2.50$ per mil
15% to bliz
15% to paypal

30% of 2.5 = .75

2.5-.75 = $1.75 per mil.
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lolwut?

I think its time for you to go back to school -.-
 
jinny1 said:
lolwut?

I think its time for you to go back to school -.-
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I forgot that paypals fee is taken out after blizzards not at the same time. The math is correct if it would all be taken out at once, but it isn't.
 
pikachu2003 said:
No one should be selling gold on AH. Horrible returns.

100k gold = .25
100k of inferno crafting (current rate 1900) Will get you 50 x .25 = $12 and change.
Fierybrimstone is selling at 250k current rate of .49 on AH only 2X that of regular mats. I believe this item will set the tone if it moves up in price or not will determine how lucrative commodities on RMAH will be. Especially once the buff hits in 1.1 patch.

This will be interesting to see where people make their bets.
Click to expand...

oh jesus, please tell me you're not serious. While you're at it, why not buy chipped gems at 50g per and sell em .25c each, even better returns!
 
maweomg said:
oh jesus, please tell me you're not serious. While you're at it, why not buy chipped gems at 50g per and sell em .25c each, even better returns!
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Even at the lowest price point gold isn't moving that fast I have over 50 mil sitting as a test. The other money I'm buying and holding items I think will give a better return. The rest of the money is used to flip items on the Gold AH to RMAH. Look I am in no dire need to dump the gold just because it can sell. There are other ways to make money with the gold. Do what ever you want, I was just giving my opinion and view on some point of focus on the market.
 
pikachu2003 said:
Even at the lowest price point gold isn't moving that fast I have over 50 mil sitting as a test. The other money I'm buying and holding items I think will give a better return. The rest of the money is used to flip items on the Gold AH to RMAH. Look I am in no dire need to dump the gold just because it can sell. There are other ways to make money with the gold. Do what ever you want, I was just giving my opinion and view on some point of focus on the market.
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youre retarded if youre betting on selling tomes and essences at 0.25 each
 
sold 30m finnally took about 6 hours mayby but meh 1.8 ish is nice compared to the 1 buck it seems to have rised 2. .. i am worried about the risks involved more logs etc on it
 
pikachu2003 said:
No one should be selling gold on AH. Horrible returns.

100k gold = .25
100k of inferno crafting (current rate 1900) Will get you 50 x .25 = $12 and change.
Fierybrimstone is selling at 250k current rate of .49 on AH only 2X that of regular mats. I believe this item will set the tone if it moves up in price or not will determine how lucrative commodities on RMAH will be. Especially once the buff hits in 1.1 patch.

This will be interesting to see where people make their bets.
Click to expand...
pikachu2003 said:
Man, seriously... Lol does anyone ever read anymore? I'm talking about fiery brimstones and the impact of the 1.1 patch.
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Read your own post. You kinda hurt your accreditation when you suggested that exquisite essences would sell for .25 a piece resulting in $12/mil profit. I'm sure that wasn't the message you were going for, but that point kinda ruined your whole post.
 
Just got this from Blizzard. LOL their system is messed up. Funny part is it was 7mil gold that sold not 4.7mil. Check out the date of the auction LOL.


Greetings #### (####),

Thank you for participating in the Diablo III Auction House! An auction associated with your account recently completed and is now in review.
Items in review 4,700,000 Gold
Time of transaction 31 Dec 1969 04:00 PM PST
Total value in review $11.75

This review is a routine step to ensure that every transaction is handled safely and securely for auction participants. If the transaction is approved, the auctioned item will be delivered to the buyer within 48 hours. Proceeds from this auction will be delivered to the seller's account within 5 days and in most cases within 72 hours.

For more information see the Diablo III transaction status article: Diablo III Auction House - Transaction Status - Battle.net Support

Regards,
Customer Support
Blizzard Entertainment
Battle.net Support
 
UFEngi said:
Read your own post. You kinda hurt your accreditation when you suggested that exquisite essences would sell for .25 a piece resulting in $12/mil profit. I'm sure that wasn't the message you were going for, but that point kinda ruined your whole post.
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Just think of why I even used that as a reference point... Forget it. Your right just ignore my post I'm okay with playing the way I am. Just go have fun with the free money from bliz.
 
happysticks said:
Just got this from Blizzard. LOL their system is messed up. Funny part is it was 7mil gold that sold not 4.7mil. Check out the date of the auction LOL.


Greetings #### (####),

Thank you for participating in the Diablo III Auction House! An auction associated with your account recently completed and is now in review.
Items in review 4,700,000 Gold
Time of transaction 31 Dec 1969 04:00 PM PST
Total value in review $11.75

This review is a routine step to ensure that every transaction is handled safely and securely for auction participants. If the transaction is approved, the auctioned item will be delivered to the buyer within 48 hours. Proceeds from this auction will be delivered to the seller's account within 5 days and in most cases within 72 hours.

For more information see the Diablo III transaction status article: Diablo III Auction House - Transaction Status - Battle.net Support

Regards,
Customer Support
Blizzard Entertainment
Battle.net Support
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The date part is weird but the amount of gold isn't so weird. I've been selling commodities (fiery brimstone) on RMAH for a while now. I frequently list large stacks of it and it sometimes sells in portions and you get emails along the way with the amounts. Once had 4-5 "sales" from just 1 stack of it.
 
pballer said:
sold 30m finnally took about 6 hours mayby but meh 1.8 ish is nice compared to the 1 buck it seems to have rised 2. .. i am worried about the risks involved more logs etc on it
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did you sell 30m in Bulk or separate?
 
Last edited:
My 30 mil finally sold. So I guess the commodity auction fees are different than a regular auction? Transaction fee was $11 and some change instead of the $1.
 
Fieldy said:
My 30 mil finally sold. So I guess the commodity auction fees are different than a regular auction? Transaction fee was $11 and some change instead of the $1.
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it even says it when you go to post it. blizzard takes 15%, then if youre sending it to paypal, from the remaining amount paypal takes 15%
 
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