Market crashing into a death? (EU related only)

[Ratz241]

Just thought I would make a thread about my post on another thread of mine to get a discussion going on peoples insight on what I'm saying.

Seem's the market is taking a turn for the worst atm, EU only right now, Can't comment on US but gold prices are better atm.
On all my realm's prices for gold has dropped dramatically and due to the fact I am pulling in only half of what I was pulling in 2 weeks ago this has equaled out that gold selling is starting to go back to its "bad days", basically 2-3 weeks before cata was released and it was the worst ever on record.
This is very frustrating and cata supposedly making the market so much better theory has just been squashed.

I am pulling in 12-15k a day right now, 24/7 botting, instead of 30k+ a week or so back, also prices on majority of EU realms for gold have started dramatically dropping, was just offered $0.3-$0.4/k on one realm, basically slicing a huge chunk of previous attempt at making money.
But hey, let's face it, everyone wants to sell gold nowadays and there's so many retarded botters who ruin the market for mats so I'm honestly not surprised, put together it's a total assrape.
Think It's time to level up my US account and check things out in america.
Bad times.

Just saw elementium ore being sold for 29g a stack, wotlk prices incoming and FAST. with gold prices getting lower and lower this is gonna suck so hard.

Anybody with me on this? there are some realm's that still offer around $1/k (rarely) but for most it's still way under, with wotlk prices starting to close in on the mats we gather it looks as though gold selling could be pretty shit again for EU.

Thoughts?

 

[bossland]

minimum 12k * minimum 0.3 $ * minimum 30 days = $108 per account and month , it aint that less

 

[Ratz241]

minimum 12k * minimum 0.3 $ * minimum 30 days = $108 per account and month , it aint that less

And if your main is banned? And Electricity, the fact if your main is banned and is levelled up with honorbuddy and your char is then banned even before it hits 85 is also a ball-breaker, you would loose money.
Vanilla for gold sale - $10, 85 character with no bans levelled up = $90. - Electricity to level up (??). = $100+

If the farmer isn't banned It's just about worth it, however just before cata was released I could pull in 5-6k and sell at 0.6, so 12k x 0.3 = same price before cata when there was little demand for gold, cata has not improved the market at all right now really.

 

[billonis]

I blame the success threads,everyone saw them and thought "hell,i should try it as well to make some decent cash"
result?prices are going downhill like hell

solution in my opinion?A pretty big banwave should fix it

 

[Ratz241]

I blame the success threads,everyone saw them and thought "hell,i should try it as well to make some decent cash"
result?prices are going downhill like hell

solution in my opinion?A pretty big banwave should fix it

Sad but true I guess lol.

 

[Ratz241]

2 day decrease of gold across EU, looking at it closely it has gone from $1.4/k to $1.2/k to BUY gold on many EU realm's, expect price to sell gold to go lower. possibly hitting $0.2/k

 

[hi1674]

Cool that you complain about other goldsellers.... This is the worst kind of greed.... Basically you say it's ok for you to do it while others ruin the market...... Give this guy a medal

Sent from my HTC Desire using Tapatalk

 

[Ratz241]

Cool that you complain about other goldsellers.... This is the worst kind of greed.... Basically you say it's ok for you to do it while others ruin the market...... Give this guy a medal

Sent from my HTC Desire using Tapatalk

No I didn't?
The people that ruin it are the retarded botters who are in a increasing number right now and are growing by the day. -

1) Botters who undercut like mad in the AH raping every single realm economy there is bar a select few.
2) Very new botters arriving on the scene who think they are gonna be millionaires by the end of the year and should really research instead of thinking they can just use 200 account's and be loaded, I find 2) Co-exists with 1) most of the time after my own researching, not including scrubby underground chinese hackers who also co-exist with 1) a lot.
3) Suicide botters who draw attention to us because they don't know how to use the bot and jump straight into things thinking they can jizz over all the $$$ they will make, one day it'll get us all banned if tripwire doesn't work, let's pray it does. I've never been perm banned in 2-3 years of extreme solid botting, but I know that could change at any single time. I have had one 72h suspension recently.
4) People like you who think it's greedy to protect the market from dying, I'm NOT greedy, I'm experienced in botting and I know full well If I splashed all the shit I do, my methods, my gold selling sites (20+) the price would go even lower, hell no, not happening, troll all you want bud.

Few quick points before I head off shopping.

Oh Another $0.75/k decrease today for buying, I believe you'll be able to buy gold soon for $1/k, perhaps in the next few days.

 

[John1337]

 

[Ratz241]

View attachment 15638

I check that site everyday, Coffee is a legend for making it.

Price Compare - World of Warcraft EU - Shadowsong - Alliance - 10,000 Gold | MMOShift - Quick example of a normal EU realm's price, You can buy 10k gold right now for $12.

Now I must go to my local butchers

 

[John1337]

gameusd.com killing gold price since 2007 .... 12 usd for sure, most Chinese people working for less than 3 usd per day. 12 usd for 10k golds is win for them.

 

[wilsonj17]

I blame the success threads,everyone saw them and thought "hell,i should try it as well to make some decent cash"
result?prices are going downhill like hell

solution in my opinion?A pretty big banwave should fix it

I have to agree, A detection of every public bot getting sold on the net for a few week's will fix the gold economy or even boom it up to the prices when wow was first released.

 

[Angelus]

Sitting on a stash of 700k gold because I just can't get rid of it. Price on my server is like 0,4$ but noone is buying. But if they are buying it is like 10 or 20k. Which I would take a great risk then by losing the other 6xxk gold. So I am just stockpiling atm, waiting for the right moment.

 

[wilsonj17]

Sitting on a stash of 700k gold because I just can't get rid of it. Price on my server is like 0,4$ but noone is buying. But if they are buying it is like 10 or 20k. Which I would take a great risk then by losing the other 6xxk gold.

It's easier enough to buy a vanilla account and spam trade for private buyer's, but watch out for scammer's there is alot about these day's

 

[Pedis]

yea the gold price are terrible on my sever aswell ulduar and highlands are overrun by botters and i cant wait for the banwave to hit maybe it can clean some of the noob botter out...hey don't blame me have you never seen a hypocrite before?

 

[Ratz241]

yea the gold price are terrible on my sever aswell ulduar and highlands are overrun by botters and i cant wait for the banwave to hit maybe it can clean some of the noob botter out then...hey don't blame me have you never seen a hypocrite before?

Your signature made me lol, what a lad.

Honestly I believe blizzard are gonna do something drastic soon anyway, real players are getting hugely pissed off with the rising number of botters on every realm, and If I'm honest I would be, there's a ton more everyday, It's getting rediculous, sooner or later, blizzard is gonna step their game and I'm not talking poxy 72h suspensions.
I'm already stockpiling account's for it.

 

[Yoginatore]

if every botter would not sell his gold for 0,5$ or whatever, the chinese people would increase the price.
but there are still people out who sell for 0,5$, so chinese try for 0,4 and 0,3 and so on, they check how deep they can go for max profit.
its in the botter hands.

 

[Angelus]

if every botter would not sell his gold for 0,5$ or whatever, the chinese people would increase the price.
but there are still people out who sell for 0,5$, so chinese try for 0,4 and 0,3 and so on, they check how deep they can go for max profit.
its in the botter hands.

If there is an demand for 1,000,000 gold and there is an offer in gold from over 10,000,000. It is hard to raise the price, because there are always people going for it. Thats the problem of your idea But if all would maintain that, sure then the prices go up.

 

[jadakada]

The demand for gold right now just isn't that great. Think about it, if you can make gold so quickly and easily so can everyone else on a smaller scale. Also, what are you going to spend your gold on now days? Most BOE epics are falling in price, most people have already maxed professions, and there is only one specialty mount that can be bought so far and almost everyone has one that can afford one. Just look in org to see all the people sitting afk on the mount.

Gold prices are down because demand is low, not because new botters are underselling. Botters don't create gold, if anything they help bring gold out of the system because of AH cuts. Unless your bot farms humanoids for gold you are not creating any new gold in the economy and not creating any wealth. Believe me, even if they ban half the botters, prices would still be low. It will get worse in the patch too, archeology is going to have vendor trash worth double, one will even be worth 1k.

And if you ask me, blizzard want it this way, the best way to deal with gold sellers is to make it unprofitable for them. By the time they get around to dealing with inflation with more gold sinks, half if you will have stopped selling because it wasn't worth your time anymore.

 

[Ratz241]

The demand for gold right now just isn't that great. Think about it, if you can make gold so quickly and easily so can everyone else on a smaller scale. Also, what are you going to spend your gold on now days? Most BOE epics are falling in price, most people have already maxed professions, and there is only one specialty mount that can be bought so far and almost everyone has one that can afford one. Just look in org to see all the people sitting afk on the mount.

Gold prices are down because demand is low, not because new botters are underselling. Botters don't create gold, if anything they help bring gold out of the system because of AH cuts. Unless your bot farms humanoids for gold you are not creating any new gold in the economy and not creating any wealth. Believe me, even if they ban half the botters, prices would still be low. It will get worse in the patch too, archeology is going to have vendor trash worth double, one will even be worth 1k.

And if you ask me, blizzard want it this way, the best way to deal with gold sellers is to make it unprofitable for them. By the time they get around to dealing with inflation with more gold sinks, half if you will have stopped selling because it wasn't worth your time anymore.

No coincidence then that the last GB banwave gold prices spiked? Also normal players who would take place farming mats if botters were banned wouldn't really sell gold so chinese resellers would have less stock, also 24/7 bots >>> real players farming at a limited rate and time, so less nodes and less gold overall would be made on the realm, however for the rest of your points I totally agree with.