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Price of gold at RMAH

when the prices sky rocket, the deflation will also
for example 10 players earn 1 million gold per day each --- +10 million per day
when normal items sell for around 100 million ---> 15 million will be removed every time ... so every item sold will clear out the farming effort of 1,5 days
but when normal items sell then for 1000 millions ---> 150 millions will be removed every time. so that is the farming effort of 15 days!
so there can't be a endless inflation, because, unlike the Fed or the EZB, in D3 the increase of the gold amount farmed per day can't increase infinite

i hope this was understandable. it would have been better in german ;)
 
Galthran said:
when the prices sky rocket, the deflation will also
for example 10 players earn 1 million gold per day each --- +10 million per day
when normal items sell for around 100 million ---> 15 million will be removed every time ... so every item sold will clear out the farming effort of 1,5 days
but when normal items sell then for 1000 millions ---> 150 millions will be removed every time. so that is the farming effort of 15 days!
so there can't be a endless inflation, because, unlike the Fed or the EZB, in D3 the increase of the gold amount farmed per day can't increase infinite

i hope this was understandable. it would have been better in german ;)
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You're wrong, Blizz = Demonic Version of Fed.
They print/insert gold onto the RMAH, since seller's name field is not displayed, they can do it invisibly.
 
Yeah so the floor may have been dropped, but seriously do you think we'll ever see it? The majority of gold is sold by farmers. Farmers are going to do everything they can to keep the price at a profitable level.
 
Scrubbish said:
Yeah so the floor may have been dropped, but seriously do you think we'll ever see it? The majority of gold is sold by farmers. Farmers are going to do everything they can to keep the price at a profitable level.
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The majority of gold is being sold by chineese companies which got 100 computers and several of thousands bot running all the time. And they dont really care if they sell for 2.5 $ or 0.25$ because anyway they have gigantic profits off this, and their main problem is to get that gold off their hands. Frankly, i think that blizzard is just screwing ppl not using RMAH, and trying to buy something on gold AH. They are not generating any profits now when they already paid for game, only server load, so i guess that they just want them to either stop playing or break and start buying at least some gold at new, lower price. The one who are really hurt here, are private botters, who caught between relentless bans and low gold prices will have to switch to items farming.
 
Eisenberg said:
The majority of gold is being sold by chineese companies which got 100 computers and several of thousands bot running all the time. And they dont really care if they sell for 2.5 $ or 0.25$ because anyway they have gigantic profits off this, and their main problem is to get that gold off their hands. Frankly, i think that blizzard is just screwing ppl not using RMAH, and trying to buy something on gold AH. They are not generating any profits now when they already paid for game, only server load, so i guess that they just want them to either stop playing or break and start buying at least some gold at new, lower price. The one who are really hurt here, are private botters, who caught between relentless bans and low gold prices will have to switch to items farming.
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Yeah and those companies you speak of aren't selling on the RMAH, they're selling direct to players. Gold on the RMAH is driven by smaller companies and botters like us. it will be ages before we see a .25$/mil price.
 
I think they got enough gold to sell on RMAH and outside RMAH. And if You think that they cant break funny paypal/blizzard security precautions then You are wrong.
 
Scrubbish said:
Yeah and those companies you speak of aren't selling on the RMAH, they're selling direct to players. Gold on the RMAH is driven by smaller companies and botters like us. it will be ages before we see a .25$/mil price.
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I have to disagree...why exactly won't the huge China companies sell on the RMAH? Bigger market, no one knows that your a Chinese, don't need advertising and sites, selling billions of gold as simple as push of couple of buttons(compared to dealing with million of people buying 10-20 mil at a time), no need to arrange F2F trades and other stuff that i don't know.
Also 1 Chinese yuan = 0.157332 U.S. dollars (taken from google) or every dollar is 6 yuans.
 
wow didn't know blizz where this stupid. guess they continue to surprise. time for inflation, yay.
 
I don't understand how people think this is a bad change lol? :D
Artificially holding the floor for price is BAD for economy, not to mention that selling gold was pain in the ass with this floor. Now we will see the economy ruling on the price and if it drops to .25 per mil, well then the floor needs to be droppped again. I seriously doubt that will be the case though, at least not in the near future.
 
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.
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I agree, the wording they used sounds like they're just increasing the amount you can sell at once, from 100,000 units of 100,000 gold (10 billion) to 1,000,000 units of 100,000 gold (100 billion) in a single listing. I get this from their use of the word maximum stack size. If they had meant gold per stack, then 'maximum' doesn't make sense.
 
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