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Gold market slowly dying?

S

Soullinker

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Well gold price on the RMAH(EU) just went down 10 cents in 1 day, after staying around 1,41-1,45 for a week or so. The average sell price per day shown by the RMAH has also began to decrees. I have around 10mil gold not selling(posted on 1,41 a price that i used to sell gold almost instantly 2 days ago)
What do you guys expect will it continue to go down or raise again to the price of the previous week?
Kind of worried that gold will drop so low that it take so much time to pay for the Acc that you will get banned before you made any gold to make a some kind of profit.
 
Give it some time, it might go up again at the end of the week when more people will play... If it doesn't, then it'll probably go down a bit more, maybe because people stop playing again after having tried 1.04.
 
Ya EU sucks :) It still sells at 1.92 in US in within seconds.
 
markn12 said:
Ya EU sucks :) It still sells at 1.92 in US in within seconds.
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Us last trades at 1.7... although I sold some on weekend for 2... Well people quitting when reach in act 3 now instead of act1... so let's wait for an 1.0.5 to heat the market again :p

Hope it gets back to 1.9+
 
i think it will do gown to round about 80 cent in EU ... MOP coming and so on ... but when the pvp patch comes live it will go up again to around 1,5 ... mark my words ;)
 
Galthran said:
i think it will do gown to round about 80 cent in EU ... MOP coming and so on ... but when the pvp patch comes live it will go up again to around 1,5 ... mark my words ;)
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yeah but when its gone happen :P come on :P in next year ?:P
 
hope this year ^^
well maybe blizz adds a new dungeon with 100 levels or something like this ... as stupid as the paragon level but people like it and will pay for GOLD :D

but lets say the gold price drops to around 41 cent (would be ~30 cent after commisions) its still profitable
lets say 10M a day ---> 3 Euro/day
bots coasts ~40 Euro ---> 14 days till break even
lets say the normal bot survives 1 month on average ... so its ok :p

but i do not think the price will drop below 70 cent in the AH ... even before the patch it was still ~70 cent in the AH
 
supply and demand... more people are dumping gold than buying it... If you all stop posting it, will become scarce again and go back up...
 
Soullinker said:
Well gold price on the RMAH(EU) just went down 10 cents in 1 day, after staying around 1,41-1,45 for a week or so. The average sell price per day shown by the RMAH has also began to decrees. I have around 10mil gold not selling(posted on 1,41 a price that i used to sell gold almost instantly 2 days ago)
What do you guys expect will it continue to go down or raise again to the price of the previous week?
Kind of worried that gold will drop so low that it take so much time to pay for the Acc that you will get banned before you made any gold to make a some kind of profit.
Click to expand...

Real money changes that daily, why would a video game change any slower at times?
 
price was rising after patch

now after the hype is gone, gold price is dropping again

will wonder where it will stabilize tho
 
I wonder how many people pay attention to the price of Diablo 3 gold, where its in the range of a couple of cents, to maybe making the difference at the moment of like $5.00 less a week. Where as the price of a Barrel of oil, and other good in the real economy they don't bother to look at, and those are the real deviate fish in the sea.

Thinks to self all day long, damn golds like .10cent cheaper I lost out on $3.00 usd this week, oh well fills gas tank with $4.03/gallon, where a gas station a block away is $3.91/gallon
 
It always goes up higher on payday and weekends anyway

Usually friday/saturday
 
Ganga said:
It always goes up higher on payday and weekends anyway

Usually friday/saturday
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The Release of WoW Patch 5.0.4 is one of the direct reasons that now the US Gold Prices have fallen to $1.60/M levels even on a Fri Night.
 
mephuser1000 said:
The Release of WoW Patch 5.0.4 is one of the direct reasons that now the US Gold Prices have fallen to $1.60/M levels even on a Fri Night.
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yup almost week later... thats why....


people played.. people got shit.. people dont need shit.... more people are putting gold into the ah, than are buying it... thats THE ONLY REASON IT IS DROPPING ... gold is being devalued because people no longer need it .... SIMPLE ECONOMICS do not read into it any further... actuallllllly RESIDENT EVIL releases next week in the theatres expect another .10 drop cause of it... NOPE ... diablo is diablo as is any economy...


Suppy > demand = price drop

supply < demand = price rise


Learn those 2 things and u will understand why gold goes up or gold goes down ...
 
Yep supply and demand there is still alot of demand compared to other games but the supply is also large but it's not like the diablo 3 gold prices are gonna die out.
 
In europe is below 1.1 Eur from 1.4 last week, i guess by the end of this month it will drop to 0.3-0.4 and settle on that lvl until new patch.
 
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