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Price of gold at RMAH

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MnogoDobarACC

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Hello,


Anyone noticed 1 huge change in 1.0.4?

"We've increased the maximum stack size of gold per listing from 100,000 to 1,000,000. The current minimum listing price will remain the same per stack."

Basically, price of gold at RMAH is brought down from 2.5e/1mil, to 0.25e/1mil. :S

So instead of having to sell ~30mil gold at current rates to pay off for account (non RU version), you'll have to sell ~300millions, wtf.
 
MnogoDobarACC said:
Hello,


Anyone noticed 1 huge change in 1.0.4?

"We've increased the maximum stack size of gold per listing from 100,000 to 1,000,000. The current minimum listing price will remain the same per stack."

Basically, price of gold at RMAH is brought down from 2.5e/1mil, to 0.25e/1mil. :S

So instead of having to sell ~30mil gold at current rates to pay off for account (non RU version), you'll have to sell ~300millions, wtf.
Click to expand...

The change is only to stack size, instead of listing 15x100,000 to sell 1.5mil gold you will list it as 1.5x1,000,000

EDIT: you can still do it the old way also
 
The current minimum listing price will remain the same per stack.

Unless this is clarified to mean $2.5/M it means we're looking at gold for $0.25/M
 
taquitos said:
The current minimum listing price will remain the same per stack.

Unless this is clarified to mean $2.5/M it means we're looking at gold for $0.25/M
Click to expand...

i think blizz means now you have to sell in stacks of 1mil instead of 100k but the min list price remains the same ($0.25). So it gives people the ability to list 1mil gold for $0.25
 
For those confused, this just moves the price floor from $2.5/mill to $0.25/mill.
 
As said, they are increasing the "maximum stack size"

Pre 1.04 the most you could sell per listing was 100,000 stacks of gold at 100k per stack.
Post 1.04 the most you can sell per listing is 1,000,000 stacks of gold at 100k per stack.

Each 100k stack will still be .25, but now you can sell more per listing. They're upping the amount of gold you can sell per listing, not changing the price.
 
You are missing the point. They are keeping the minimum price for 1 stack the same. So 1 stack, or 1,000,000 gold can be sold for $0.25.
 
this cant be true or noone will sell gold on Rmah. 15% fee for blizz and 15% for paypal u will get 0.18 per mil. Blizz must be crazy
 
veany said:
this cant be true or noone will sell gold on Rmah. 15% fee for blizz and 15% for paypal u will get 0.18 per mil. Blizz must be crazy
Click to expand...

If the equilibrium price is above $0.25/mill they will.
 
If so, it just means the goldprices on awsome items will go through the roof, to cover the gold:euro ratio, if you want to sell items on RMAH.

It just means you'll have to invest your gold in items, instead of selling your gold. Nothing much changes for me, and it might end up actually giving a profit.

What you need to do is buy items within the first few days, before the prices skyrocket. There WILL be people listing gold for insanely low prices on the RMAH, cos they don't know better. People who quit, who thinks that 25 euro for 100m might be better than nothing :-)
 
Hold your horses, this is badly formulated. I strongly dismiss the idea that they'd cut their gold profit by 90%.

The change is likely to make people with little amount of be gold able to sell it. Why wouldnt they, really? It just gives them potentially more money with a small change.
 
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Athena said:
As said, they are increasing the "maximum stack size"

Pre 1.04 the most you could sell per listing was 100,000 stacks of gold at 100k per stack.
Post 1.04 the most you can sell per listing is 1,000,000 stacks of gold at 100k per stack.

Each 100k stack will still be .25, but now you can sell more per listing. They're upping the amount of gold you can sell per listing, not changing the price.
Click to expand...

This. Just ups how much gold per auction you can post.
 
greenxeyezz said:
This. Just ups how much gold per auction you can post.
Click to expand...

First of all, you could never post 100 000 stacks at 100k each, you can only post 1000 stacks at 100k each. Even if you are talking about all 10 auctions at once, thats only 10000 stacks at 100k each.

Second, if you are implying that the change will allow you to post 1 000 000 stacks at 100k each, that would mean you could post a total of 100 billion gold. at .25/100k that's a total of $250000 / auction. Do you really think you can post an auction worth 1/4 million dollars?
 
the gold price is at around 85 cent / million in the moment (when you buy gems at GAH and sell them at the RMAH) so i don't see the problem. this price remained stable for round about the last 10 days ... so i think the price will drop in the first few hours after the patch and will rise then back to ~85 cent ... maybe more because of the new legendaries. The big difference is, that you can sell more gold per day in the RMAH. On the Eu servers I sold around 5 Million a day ... thats not nearly enoogh. So the rest I had to sell via Gems, Ebay or Reseller. That is time intensiv and resellers will give you even less then the ~62 cent you recieve in the RMAH (after -15% -15%). So all in all I think this is a good thing to do from blizzard ... well maybe i am wrong and the price will drop to 25 cent/million but i don't think so ;)
 
SJones11 said:
First of all, you could never post 100 000 stacks at 100k each, you can only post 1000 stacks at 100k each. Even if you are talking about all 10 auctions at once, thats only 10000 stacks at 100k each.

Second, if you are implying that the change will allow you to post 1 000 000 stacks at 100k each, that would mean you could post a total of 100 billion gold. at .25/100k that's a total of $250000 / auction. Do you really think you can post an auction worth 1/4 million dollars?
Click to expand...
10 Stacks = 1million
100 Stacks = 10 Million
1000 Stacks = 100 Million
10,000 Stacks = 1 Billion
100, 000 Stacks = 10 Billion
1, 000, 000 Stacks = 100 Billion

Maybe? It is very confusing what they meant..

The only Issue I see making 1,000,000 = $0.25 is that you will be FORCED to buy gold (you being a regular diablo 3 player) because everything will be selling for 100million + it will devalue every item so much, because no item will sell for $250 on the RMAH as that will mean that would be 100,000,000 gold....lol! who has that much gold.....

we can only hope a blue clarifies the post a bit
 
greenxeyezz said:
The only Issue I see making 1,000,000 = $0.25 is that you will be FORCED to buy gold (you being a regular diablo 3 player) because everything will be selling for 100million + it will devalue every item so much, because no item will sell for $250 on the RMAH as that will mean that would be 100,000,000 gold....lol! who has that much gold.....
Click to expand...

If each item is selling for 100+million gold, what is stopping you from selling the items you have farmed for that same price?
 
SJones11 said:
If each item is selling for 100+million gold, what is stopping you from selling the items you have farmed for that same price?
Click to expand...
Basic items WON'T sell for that price is what I am saying, so the value of gold is even FURTHER gone

Normal farming from a single "bot" can get you roughly 5-10million a DAY, maybe not that anymore, if you do NOT include item sales. Right now items are insanely priced and for the most part normal diablo 3 players do not get that much gold a day. So when the value of gold plummet, the prices rises. If people cannot afford it now, they won't be able to afford it then. But THEN prices of gold are 4 times lower, or 400% lower, which entices more gold BUYERS. The new prices will force people to buy gold, this will either have more people upset at blizzard or will refuse to buy.
Right now items don't even sell for 10-50k gold and those are "decent" items. If they don't sell for 10-50k gold NOW what would they be worth THEN? (400% less) 625g - 3125g = Vendor Trash.......

So either, the AH will have much much much much much much much much less items on it, or the turnover rate on items will be small, or, we must have loot rules that only keep 90-95% perfect combos

All speculation at this point, we will see
 
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