price of gold went up?
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Durrer
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Fuck, I'm jealous. Posted 300m on EU's RMAH for 0,31 (which was the actual price at the moment) before going to sleep. Just checked - the gold is still not bought. WTF?
Twinca
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Hehe people whine alot 
just dont underprice it, seems like botters stand for 80%++ of all the gold sale, just set it to 0.44++ and it will get up, the buying price is lowering cuz people want to sell in 5 min, instead of making alot more. and wait a few days. i only sell for 0.42+ and my gold keeps at that point, i have all the time needed, if it wont sell i just put it in again, with all the gold ive earned while waiting
just dont underprice it, seems like botters stand for 80%++ of all the gold sale, just set it to 0.44++ and it will get up, the buying price is lowering cuz people want to sell in 5 min, instead of making alot more. and wait a few days. i only sell for 0.42+ and my gold keeps at that point, i have all the time needed, if it wont sell i just put it in again, with all the gold ive earned while waiting 0.31 euro = 0.396 USD, not much to be jealous of. If it reaches 0.32€ it's practically the same price (it equals 0.4089 USD).
Elmo
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hehe people whine alot
100% wrong.
Twinca
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o'rley?
Then why does the price go down?
Seen it many places, also with items, people say they just underprice other, to sell faster. that means gear keeps getting more and more worthless.
The same happens with gold to $
o'rley?
Then why does the price go down?
Seen it many places, also with items, people say they just underprice other, to sell faster. that means gear keeps getting more and more worthless.
The same happens with gold to $
The prices drop when there is a drop in demand, it's really as simple as that.
Elmo
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o'rley?
Then why does the price go down?
Seen it many places, also with items, people say they just underprice other, to sell faster. that means gear keeps getting more and more worthless.
The same happens with gold to $
Its called fucking supply and demand, people don't need to undercut if the demand is higher than the supply.
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i also agree there is a bit too much gold on market than needed... but:
lets assume there is 10000 Billion of gold bought every day and the whole d3 community got 11000 Billions stored it is definitely needed to lower the price a bit if you want to be the guy who's got his gold sold.
Maybe 90% is undercutting and 10% is waiting just to undercut later.
but if there is 70% NOT undercutting there is only 30% left of undercutters that definitely got a supply stop within short time.
so the only question i was trying to get answered is "can we outnumber the untercutting people?" The answer here was just a "no"
it was NOT a "no we can" it simply was a "we do NOT WANT to do this"
But it's ok, if everyone wants to wait till the 0.25 point and then get busy.... i understand it... as long it's working...
but i am really afraid of the time that will come when even at 0.25 the gold isn't sold... because i am not sure if blizzard will change the ratio and support the inflation again...
lets assume there is 10000 Billion of gold bought every day and the whole d3 community got 11000 Billions stored it is definitely needed to lower the price a bit if you want to be the guy who's got his gold sold.
Maybe 90% is undercutting and 10% is waiting just to undercut later.
but if there is 70% NOT undercutting there is only 30% left of undercutters that definitely got a supply stop within short time.
so the only question i was trying to get answered is "can we outnumber the untercutting people?" The answer here was just a "no"
it was NOT a "no we can" it simply was a "we do NOT WANT to do this"
But it's ok, if everyone wants to wait till the 0.25 point and then get busy.... i understand it... as long it's working...
but i am really afraid of the time that will come when even at 0.25 the gold isn't sold... because i am not sure if blizzard will change the ratio and support the inflation again...
Twinca
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There will always be a demand on gold. And if sellers dont cut in the price, they have to pay the price.
Im aware of there is more gold for sale than gold sold. but still, we make a big part of the cut in prices.
many says "i dont care the gold is free cuz i bot" but still why not make the max possible out of it?
People have bought gold for around 0.50 before, wich means its possible to find the buyers
But okay, we can look forward to sell at 0.25.
Im aware of there is more gold for sale than gold sold. but still, we make a big part of the cut in prices.
many says "i dont care the gold is free cuz i bot" but still why not make the max possible out of it?
People have bought gold for around 0.50 before, wich means its possible to find the buyers
But okay, we can look forward to sell at 0.25.
You just don't understand how a market works. If everyone lists their gold at say 0.5, then all of it won't get sold so you would not make more money that way, trust me. Just google supply/demand and read some and you might understand the basics of how a market works.
it will definitely be sold. and it HAS already been sold at such prices a few months ago
we are just like some neanderthals that do not understand how it is possible that the world countries got more debts than they even possess.
it's somehow crazy but it's happening.
Like i said before, the only question is just how many are joining the boat....
Elmo
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it will definitely be sold. and it HAS already been sold at such prices a few months ago
we are just like some neanderthals that do not understand how it is possible that the world countries got more debts than they even possess.
it's somehow crazy but it's happening.
Like i said before, the only question is just how many are joining the boat....
You are so full of stupid its not even funny.
it will definitely be sold. and it HAS already been sold at such prices a few months ago
we are just like some neanderthals that do not understand how it is possible that the world countries got more debts than they even possess.
it's somehow crazy but it's happening.
Like i said before, the only question is just how many are joining the boat....
You are just clueless, sorry. What on earth has the price a few months ago to do with the prices today? If someone here is a neanderthal and don't understand how things work, it's you. With your logic we could just set the price as it was (was at like 3€/million the first time I bought gold it think) in the very beginning of D3 "cause it has already been sold at that price" and be € millionares.
I instantly sold billions of gold when the price level was at 0,35-0,38 (which was 1-2 weeks ago) for instance, so it doesn't make any sense bringing it down below 0,30. Really, no sense at all. Why would any seller want to sell their gold for less than they could? Noone is forcing these people to put it at below 0,30 but still they do it.
ezpwnd
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actually i'm revising what i said. gold-prices will hit .25 the next few days. was at .38 a week ago... thats a 24% decrease.
the gold buyers are dumb, but not THAT dumb...
i never said it is possible to raise the gold price to the level it was in Mai/June 2012...
why is everyone trying to twist my words? to look "cool" in forums?
Trust me, for the normal gold buyer it does not matter if the gold is 29 cent or 39 cent...
@Elmo: instead of flaming around like a 10year old boy you could even "try" to collect any argumentation, but i guess thats too much afford?