What's new
By:
  • Visit Rebornbuddy
  • Visit Panda Profiles
  • Visit LLamamMagic
  • Visit Resources
  • Visit Downloads
  • Visit Portal

Gold market slowly dying?

Prices of gold fallen to $1.40/M on US Server even on a Sunday morning!!!
 
mephuser1000 said:
Prices of gold fallen to $1.40/M on US Server even on a Sunday morning!!!
Click to expand...

Normal you expect the prices to stick at 1 usd range?
The price before patch was around 0.5-7 which was normal.

But dropping to 0.3 no way blizzard won't allow it.
 
Last edited:
jordi1104 said:
Normal you expect the prices to stick at 1 usd range?
The price before patch was around 0.5-7 which was normal.

But dropping to 0.3 no way blizzard won't allow it.
Click to expand...

I miss the RMAH ceiling capped at $2.50/M days. I made more $ from the ceiling days than botting.
 
mephuser1000 said:
I miss the RMAH ceiling capped at $2.50/M days. I made more $ from the ceiling days than botting.
Click to expand...

Yeah it suprised me blizzard took off the ceiling bad choice if you ask me there are alot more transactions now but prices are gonna continue to drop unless blizzard does something they're gonna make much less money.
 
rofl you're great with economy, blizz will make same amount of money. Gold prices drop because supply is just too big. That will lead to inflation on gold AH which will mean that someone will have to buy for example 10 millions instead of 5. That person pays the same amount of money, blizzard gets same amount of money, only we who sell gold get less because there's too many of us so we have too much gold.
 
Momak said:
rofl you're great with economy, blizz will make same amount of money. Gold prices drop because supply is just too big. That will lead to inflation on gold AH which will mean that someone will have to buy for example 10 millions instead of 5. That person pays the same amount of money, blizzard gets same amount of money, only we who sell gold get less because there's too many of us so we have too much gold.
Click to expand...

You're saying demand will go up and price will go down?
Basically demand has already went down when normally a person buys 3m gold for 1.60 they now buy 2m gold for 1.38 for example.
Your theory does not work.
Nobody also has to buy 10m instead of 5m becouse what people spend the gold on is items.
Items are coming more in every day and are even dropping in prices.
Don't tell me I know nothing about the economy becouse what you've just told would work with real money but this is d3 gold it's not the same thing.
Demand drops less sales less money for blizzard.
If demand would go up prices would go up.
 
MonsterMMORPG said:
There are currently 670 users online. 270 members and 400 guests


500$ per month server should make this forum really fast :)
Click to expand...
jinny1 said:
How does a few extra people browsing honorbuddy make the entire forum take 10 seconds to refresh 24 hours a day..
Click to expand...
tehuser said:
a few extra people ??!!!???!?!
as of right now, i see currently 946 users online, this is not a few extra people
Click to expand...

The above evidence points to the overwhelming shift in demand to WoW. Increase in demand of WoW leads to decrease in demand of Diablo 3.

WoW is the only thing that can kill Diablo 3.
 
There is no overwhelming shift in demand to WoW. Honorbuddy (bot for WoW) is offline for 2 weeks now so people are just camping site to see when it's gonna be available again.
 
jordi1104 said:
You're saying demand will go up and price will go down?
Basically demand has already went down when normally a person buys 3m gold for 1.60 they now buy 2m gold for 1.38 for example.
Your theory does not work.
Nobody also has to buy 10m instead of 5m becouse what people spend the gold on is items.
Items are coming more in every day and are even dropping in prices.
Don't tell me I know nothing about the economy becouse what you've just told would work with real money but this is d3 gold it's not the same thing.
Demand drops less sales less money for blizzard.
If demand would go up prices would go up.
Click to expand...

No. What's important is rise in supply and demand. If supplies and stockpiled gold is rising at faster rate than demand than prices still go down. What's happening now is that people are leaving d3 so demand is dropping. At the same time supply is the same or growing which makes for a lot of stockpiled gold. That will lead to cheaper prices. Someone who has 5$ to spend will spend it be it now to buy 5M or in a week to buy 10M, it's gonna be same for him because he'll spend it on gold AH which will be affected by inflation.
That 5M->10M increase in "demand" is not enough to stop prices of falling down.

But all of that doesn't matter. Point is that blizzard will do exactly NOTHING to prevent gold prices of dropping because auction houses are connected and inflation on gold AH will keep everything in check for them. +just selling gold is really tiny tiny bit of their profits.
 
Momak said:
No. What's important is rise in supply and demand. If supplies and stockpiled gold is rising at faster rate than demand than prices still go down. What's happening now is that people are leaving d3 so demand is dropping. At the same time supply is the same or growing which makes for a lot of stockpiled gold. That will lead to cheaper prices. Someone who has 5$ to spend will spend it be it now to buy 5M or in a week to buy 10M, it's gonna be same for him because he'll spend it on gold AH which will be affected by inflation.
That 5M->10M increase in "demand" is not enough to stop prices of falling down.

But all of that doesn't matter. Point is that blizzard will do exactly NOTHING to prevent gold prices of dropping because auction houses are connected and inflation on gold AH will keep everything in check for them. +just selling gold is really tiny tiny bit of their profits.
Click to expand...

There's no inflation becouse the price of items is dropping too in gold becouse all expensive items get farmed at act 3 champions....
Basically that's why your point isn't a valid point.
 
jordi1104 said:
There's no inflation becouse the price of items is dropping too in gold becouse all expensive items get farmed at act 3 champions....
Basically that's why your point isn't a valid point.
Click to expand...

That's not true. Great items are always at same prices. If you have 2 items and then 3rd item comes which is better, of course that first 2 items will drop in price, but people will want to buy 3rd item so it doesn't matter if price of first 2 items drop.
 
It's going down because people are leaving the game once again. Prices wont go up untill the next patch unless its not a big patch. ie less demand.
 
Last edited:
Momak said:
That's not true. Great items are always at same prices. If you have 2 items and then 3rd item comes which is better, of course that first 2 items will drop in price, but people will want to buy 3rd item so it doesn't matter if price of first 2 items drop.
Click to expand...

My point was that 1 item from 100m isn't gonna rise to 200m becouse the gold price dropped 50%.
 
Defiantly dropping fast now. Sold it for 1.7 2 days ago and its at 1.39 now.
 
Well below 1 Euro now... i guess we are playing the game how low can it go :X

Damn i guess i need to start shifting towards item farming :( Bah i liked the gold farming less RNG and easier to get items and set it up.
 
You must log in or register to reply here.
Back
Top