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Gold price at an all time low

D

dragonbuddy

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0.12-.14 on US servers today, sheesh. Tokens killing the market. Thoughts on bounce back, stabilising etc guys?
 
why should it bounce back? are they removing the token again?
 
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Its not working that way.

The tokens mostly serve to the gold-buyers who have never dared to buy gold in non legit fashion and the casual players and botters, who barely sell gold too, and their demands and suppliers on the market are marginal!

The gold price is proportional to the rate of demand/supply, which on its own is affected directly from the ban rates here,

If you have noticed, we have very low ban rate recently, then it is pretty common sense the gold price will get lower and lower!
 
dragonbuddy said:
0.12-.14 on US servers today, sheesh. Tokens killing the market. Thoughts on bounce back, stabilising etc guys?
Click to expand...

It pains me to say this but the only way to bounce back is if blizzard removes the wow token...which is never gonna happen.
I think Blizzard is winning the war against gold sellers but botting will still exist no matter what the gold price is, as for gold sellers I think most of the small time gold sellers are already dead or out of business.
 
Idd banrates r none, atleast on eu. Trading millions f2f from accounts, and they up until free month over. Never happened in previous expansions, atleast for me. Max was 1-5 f2f trades.
 
DeathKnight said:
It pains me to say this but the only way to bounce back is if blizzard removes the wow token...which is never gonna happen.
I think Blizzard is winning the war against gold sellers but botting will still exist no matter what the gold price is, as for gold sellers I think most of the small time gold sellers are already dead or out of business.
Click to expand...

This

Blizz found a way to fight back and its working.
 
DeathKnight said:
It pains me to say this but the only way to bounce back is if blizzard removes the wow token...which is never gonna happen.
I think Blizzard is winning the war against gold sellers but botting will still exist no matter what the gold price is, as for gold sellers I think most of the small time gold sellers are already dead or out of business.
Click to expand...
Generally the "small time" goldsellers just need cash to support their accounts, and blizz gave em this with the token.

The pro gold-sellers have no big issue, because they are facing lower supplies, which usually feed the lower demands.
 
It's everyone's fault for selling gold at dirt cheap prices to gold seller just because they have big stockpiles. The gold sellers have fuckall gold income, if you stop selling they wont have shit to sell. The gold token bottoms out at 20k, which basically means 1$/1000 gold at blizzard's rate. The gold sellers are just undercutting each other all the time so that they get the customers first, and in order to undercut, and make the same profit they will just give you a shit price.

Stop selling at shit prices, and the gold selling slobs will increase their prices, and the people will still buy it from them because it is still far cheaper than blizzard's token. Sadly, you can't tell this to the average indian who makes 3$ a day at his job and is willing to sell his gold for a piece of bread. But if you want things to improve, they will not unless the gold supply to the gold resellers drops, so that they are forced to increase the price. Personally I have stopped selling to them and sell through other means or private buyers, they can go fuck themselves.

They share none of the risks, yet reap all of the profits. They just buy on demand, and act as a go-between, they make no effort at all, even if they lose their account, they'll just make another and trade with that. Beats losing 10 accounts or more from botting, you see the scam here?
 
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dragonbuddy said:
yes, reseller price, for clarity.
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if you sell to wholesale resellers you will always get a unlubed stick rammed up your behind, even small quantities id rather sell on my own through forums or "market pages" and get better prices, the time compared you need to invest into keeping the threads updated is laughable at best and the profit is bigger.
 
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sadly i could not find buyer, i tried player auctions wit h no luck. any advice pm me.
 
yes this thing sucks I have to sell my gold for 0.12$/k few days ago because I've needed some $. How much do you get by selling to private buyers? whats the reasonable price to ask ? because there's no point of selling to bulk buyers anymore..
 
ltbaron said:
yes this thing sucks I have to sell my gold for 0.12$/k few days ago because I've needed some $. How much do you get by selling to private buyers? whats the reasonable price to ask ? because there's no point of selling to bulk buyers anymore..
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check the market yourself ?
 
roneo1 said:
It's everyone's fault for selling gold at dirt cheap prices to gold seller just because they have big stockpiles. The gold sellers have fuckall gold income, if you stop selling they wont have shit to sell. The gold token bottoms out at 20k, which basically means 1$/1000 gold at blizzard's rate. The gold sellers are just undercutting each other all the time so that they get the customers first, and in order to undercut, and make the same profit they will just give you a shit price.

Stop selling at shit prices, and the gold selling slobs will increase their prices, and the people will still buy it from them because it is still far cheaper than blizzard's token. Sadly, you can't tell this to the average indian who makes 3$ a day at his job and is willing to sell his gold for a piece of bread. But if you want things to improve, they will not unless the gold supply to the gold resellers drops, so that they are forced to increase the price. Personally I have stopped selling to them and sell through other means or private buyers, they can go fuck themselves.

They share none of the risks, yet reap all of the profits. They just buy on demand, and act as a go-between, they make no effort at all, even if they lose their account, they'll just make another and trade with that. Beats losing 10 accounts or more from botting, you see the scam here?
Click to expand...

this makes perfect sense if you are a casual botter. casual botters see problems. professional botters see solutions.

'stop selling til you get the price you want'? sounds like a bratty child throwing a fit in walmart.

grow a nutsack, ramp up production and pay your bills. or sit around and complain about having to put a little effort into making botting profitable again.
 
frosticus said:
this makes perfect sense if you are a casual botter. casual botters see problems. professional botters see solutions.

'stop selling til you get the price you want'? sounds like a bratty child throwing a fit in walmart.

grow a nutsack, ramp up production and pay your bills. or sit around and complain about having to put a little effort into making botting profitable again.
Click to expand...


I spend a lot of time with small business owners, and that's essentially what we all believe in. Every business has problems, and the truth is things rarely stay the same. When change happens, as it inevitably does, those who change with them survive. Those who don't change--die out.

I only bot as a hobby, and even breaking the ToS in this way, I would still only buy gold through the token system for my main account to guarantee security and peace of mind. Though I'm still the kind of person who would never buy gold outside of the token, so the token invites "new" buyers, as well as "new" sellers to the market.

The fact that people keep crying that the token system will fail, because people will so foolishly risk their account to save 5 dollars by going against the ToS proves that that the black market for gold will continue to live on. There are a lot of people who are penny smart and dollar dumb. Willing to go to extremes to save a little money, but will easily overpay in the long run. Still, I think the token will be a great way to help encourage people to bot, or buy gold, because it puts the concept in the public eye. Now that people know that Blizzard supports the exchange of gold for currency--those on the fence can be swayed.

The token system is exactly why I got into botting. I wanted to test, and gamble with the concept. I wanted to see if I could start up a dummy account and keep it alive strickly on gold gained through botting. So far I've earned 30,000 gold in like 2 weeks. I know it's not a lot, but the goal is just to survive, and lay low while I experiment. Rest assured my gold-seller friends, that I will never sell gold beyond buying tokens! And I'm perfectly kosher if the token prices do rise again. The difference between making 22k and 32k for a bot is almost nil.
 
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