Making Gold on the AH

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Re: Making Gold on the AH

Postby Flex » Wed Oct 31, 2012 10:30 am

Ghost Iron to Trillium transmutes had a good rate of return, 60 gold for 20 ghost iron ore and 120ish gold for one trillium bar, but now people are cratering the cost of Trillium.

Got a couple x5 transmute procs on Trillium and made a quick 1300 gold.
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Re: Making Gold on the AH

Postby halabar » Wed Oct 31, 2012 11:19 am

Flex wrote:Ghost Iron to Trillium transmutes had a good rate of return, 60 gold for 20 ghost iron ore and 120ish gold for one trillium bar, but now people are cratering the cost of Trillium.

Got a couple x5 transmute procs on Trillium and made a quick 1300 gold.


Hmm... need to do some analysis of the current prices, and see where the sweet spots are. Living Steel is not great as there are too many alchemists, but there might be middle options that work out.

Likely need to monitor AH for botter ore.. no time to mine it myself.
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Re: Making Gold on the AH

Postby halabar » Fri Nov 02, 2012 8:58 am

Need to pick a new profession for my soon-to-be-90 shammy to replace skinning (the leather market has cratered, with exotic down to under 1G last night).

I'm leaning towards JC, as I don't have a JCer that can reliably get the new meta patterns. My 90s are tailor/scribe, eng/miner and the shammy that is alch/skinner.

My 85s (that will all likely remain 85) are 2 JC, 3 Alch, Ench, Herb, Scribe.

No way am I doing LW, Eng, BS from scratch, so that leaves JC, Scribe, Herb and Enchant as options for the Shammy.. thoughts?
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Re: Making Gold on the AH

Postby halabar » Mon Nov 05, 2012 3:48 pm

Note on the BMAH, seen the first auctions that are going for longer than 24 hours, one being a 483 gun I'm bidding on.

Also, Ashes of Alar is up now, with bidding at 200k this morning when I checked, with at least 12 hours to go.
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Re: Making Gold on the AH

Postby sahiel » Mon Nov 05, 2012 5:00 pm

halabar wrote:Also, Ashes of Alar is up now, with bidding at 200k this morning when I checked, with at least 12 hours to go.

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Re: Making Gold on the AH

Postby halabar » Mon Nov 05, 2012 6:05 pm

sahiel wrote:
halabar wrote:Also, Ashes of Alar is up now, with bidding at 200k this morning when I checked, with at least 12 hours to go.

Realm transfer inc!


Just leave my gun alone... :D
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Re: Making Gold on the AH

Postby sahiel » Mon Nov 05, 2012 6:41 pm

halabar wrote:
sahiel wrote:
halabar wrote:Also, Ashes of Alar is up now, with bidding at 200k this morning when I checked, with at least 12 hours to go.

Realm transfer inc!


Just leave my gun alone... :D

Heh you're welcome to it, I swear it's the *only* thing that's been up on my realm, I've seen 4 normal ones and 2 heroic ones at *least*, it's up every few days, really weird.
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Re: Making Gold on the AH

Postby halabar » Tue Nov 06, 2012 11:29 am

sahiel wrote:
halabar wrote:
sahiel wrote:Just leave my gun alone... :D

Heh you're welcome to it, I swear it's the *only* thing that's been up on my realm, I've seen 4 normal ones and 2 heroic ones at *least*, it's up every few days, really weird.


First gun I've seen. Won it, paid a but much but considering the annoyance of LFR end bosses, it's worth it for a non-raiding toon.

Didn't see what the mount went for, got home too late. Interesting that the gun was 48 hours (or 36?) but the mount was 24.
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Re: Making Gold on the AH

Postby Skye1013 » Tue Nov 06, 2012 4:54 pm

I'd love to see a graph showing the amount of player held gold throughout the xpac. I'm wondering if the BMAH is sucking out more than dailies and such are generating. If so, it's possible that 10k minimums will eventually be too high.

Makes me also wonder if Blizz would change the starting bids or maybe introduce some sort of dynamic system that bases it on player gold (kind of like how vendors work in FFXI.)
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Re: Making Gold on the AH

Postby halabar » Wed Nov 07, 2012 10:41 am

Skye1013 wrote:I'd love to see a graph showing the amount of player held gold throughout the xpac. I'm wondering if the BMAH is sucking out more than dailies and such are generating. If so, it's possible that 10k minimums will eventually be too high.


Nope, mainly because they aren't serving up enough items of interest to make a goblin go broke. Even with the high-price rare mounts, there's on or so on a server every 2-3 weeks.. that's not going to drain the gold.

The thing that might actually happen is that the BMAH wakes up goblins that had been on the fence due to nothing to spend their gold on. Now that some items are available, they may get back in the game.

Blizz does need to look at some of the starting bids though, mainly the rare pets. The rare pet market on my server has crashed, most rares sell for under 1k, so who is going to pay 10k at the BMAH?
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Re: Making Gold on the AH

Postby Skye1013 » Wed Nov 07, 2012 4:44 pm

halabar wrote:Nope, mainly because they aren't serving up enough items of interest to make a goblin go broke. Even with the high-price rare mounts, there's on or so on a server every 2-3 weeks.. that's not going to drain the gold.

Maybe this is true for the goblins, but if people get to 10k and start making bids on the BMAH, that reduces the total available gold for the goblins to obtain as well. I understand most people aren't going to bid on the pets (since the regular AH makes most of them common enough that they buyout for far less than 10k) but there is plenty of unobtainable tmog gear, of level raiding gear, mounts and whatever else they sell.

So, sure, maybe the goblins only spend 1 mil every so often, but how quickly can they rebuild it if nobody else has the gold to pay the normal AH prices for things (combined with the current overavailability of mats?)
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Re: Making Gold on the AH

Postby Zalaria » Wed Nov 07, 2012 5:37 pm

But the BMAH only takes out one or two players' gold per day. Except for the huge days, I bet more is made from dailies across the people who would buy goblin goods on the same day. The BMAH would definitely have a slowing effect, but I would be amazed if it slowed so much that it really had much effect.
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Re: Making Gold on the AH

Postby Skye1013 » Wed Nov 07, 2012 8:20 pm

That's why I'd like to see a chart. I'm not saying it is putting in a dent, but IF it is, then I wonder what their plans are for the starting price.
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Re: Making Gold on the AH

Postby sahiel » Wed Nov 07, 2012 9:44 pm

I suspect, other than the very rare high price item (ashes of a'lar) and heroic (509) gear on servers with rival guilds going for world first (top 100 maybe?) kills, the BMAH has a negligible effect on almost all realms. The amount of gold it removes from the economy is a mere drop in the ocean of that dailies earns, I actually spent a while recently asking people in guild and both on trade/general chat about how much they make from dailies and whilst it ranged from from 100-700g per day the average was around 400g per player, over scores of players (and that's on a rather dead faction). Once you consider both factions and especially more populated servers I think the odd 10k, 20k, maybe even 40k or 50k every few days wouldn't even be noticable, it's the same as if someone crafts a JC mount or a Sandstone drake.

Whilst the amount goblins are able to earn is certainly down from the heady days of Cata it's far from low, I don't even bother to log on every day anymore and barely post more than once a day if I do log on and I've made somewhere in the region of 200k or so profit since MoP started, on a relatively quiet realm, the serious goblins who spend more time and effort on the AH will have made far, far more.
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Re: Making Gold on the AH

Postby Skye1013 » Wed Nov 07, 2012 9:59 pm

But how many people are going to keep up that pace once they no longer need the faction rep or have other sources of VP?

For me personally, I'm down to needing 3 reps: AC, SP and Klaxxi. That's what, around 16 dailies? x20 gold each, that's ~320g. Once I've capped the reps, I personally won't be doing those reps (and I'm sure the same holds true for a large number of players.) Do heroics, LFR and non-LFR raiding make up the difference in gold acquisition (especially considering I'm already currently using LFR/heroics to get VP caps?)
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Re: Making Gold on the AH

Postby halabar » Thu Nov 08, 2012 10:40 am

Skye1013 wrote:But how many people are going to keep up that pace once they no longer need the faction rep or have other sources of VP?


The point is the BMAH is an outlier. Blizz is notoriously slow to act in changing prices and such, so I highly doubt that they'll make any changes soon. The desirable items will keep selling, and that's all they really care about, a slow bleed of some of the "old gold".

On another note more related to real cost impact to players, I've noticed that the prices of herbs are going up, almost by 100% over the past few weeks. From the post launch herbing rush where they were down to 2G or so each, I had to buy Silkweed last night at 7G and GTL at 4G. The demand for raiding pots and the lack of herbers after they leveled are contributing (and perhaps some herbing bots banned?) Meanwhile, Golden Lotus prices are slowly falling, as people sell off their excess SoH through GL. I find it amusing that even as a Ins/tailor it's still easier to just sell the GL due to competition and laziness, lol.
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Re: Making Gold on the AH

Postby Skye1013 » Thu Nov 08, 2012 10:54 am

DMF is open as well, so maybe more people buying herbs to make decks?
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Re: Making Gold on the AH

Postby halabar » Thu Nov 08, 2012 10:57 am

Skye1013 wrote:DMF is open as well, so maybe more people buying herbs to make decks?


Good point, that could be an added push, but Silkweed is the worst since it's needed for all the int pots. I'm not seeing the "20 stacks of 20" in Auctionator, but the scribes might be sucking them up.

Goblin senses tingling.. if the market swings back, might suck up low herbs after DMF and sit on them, if that is indeed what is happening.
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Re: Making Gold on the AH

Postby sahiel » Thu Nov 08, 2012 12:56 pm

Much as I enjoyed farming DM cards and churning out decks previously in Cata I actually found that at least on Medivh, the cheapest method seems to be simply buying the cards across both factions. I can often find them for 1k a card in the weeks between the DM faires, takes 2-3 weeks to build a deck but not like I can turn it in immediately anyways. Turning in the decks and then listing them for 25k once the DM shows up has worked every single time thus far, all the decks have sold within a day, I suspect Tiger deck will continue to sell well for the foreseeable future (much like Greatness did) however the rest, not so much.
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Re: Making Gold on the AH

Postby Fetzie » Thu Nov 08, 2012 4:28 pm

Just saw this on my server:

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The prices have plummeted in the last week, if it continues like this the jc mounts will be selling for under material cost. The black one is listed for 84999g.
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Re: Making Gold on the AH

Postby halabar » Thu Nov 08, 2012 5:10 pm

Fetzie wrote:Just saw this on my server:

Image

The prices have plummeted in the last week, if it continues like this the jc mounts will be selling for under material cost. The black one is listed for 84999g.


Hmm... need to check on my server. It's full of crafters willing to work for free.... >.>
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Re: Making Gold on the AH

Postby Winkle » Mon Nov 12, 2012 9:18 am

My guildmate has already purchased a panther for 19k, i.e. at a loss to the crafter, incredible.
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Re: Making Gold on the AH

Postby halabar » Mon Nov 12, 2012 11:38 am

I think they may have nerfed the BMAH, there hasn't be raid gear or PVP gear there in almost a week, also last night I saw a Bombay cat listed with a starting bid of 1G, so clearly they've changed something.
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Re: Making Gold on the AH

Postby Teranoid » Mon Nov 12, 2012 12:00 pm

Maybe they're finally realizing putting up stupid vendor and Argent Tourney pets for batshit insane prices is a waste of time.

I'd actually like to see some internal numbers on the amount of people actually buying half this crap that's thrown up there.
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Re: Making Gold on the AH

Postby KysenMurrin » Mon Nov 12, 2012 12:01 pm

We had heroic raid gear three days in a row, before today. (Today it's plans, a pet, Raven Lord, and T3 Paladin boots.)
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