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Making Gold on the AH

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Re: Making Gold on the AH

Postby Gab » Mon Apr 16, 2012 7:59 am

halabar wrote:I was thinking that myself, but they didn't act that way. They had 2 toons working in, one barking, one holding the Garnets, and when I asked a few questions, they were silent. I specifically asked about a server transfer. When something smells fishy...

If I really felt like moving stuff around, I could have shifted some horde-side, the prices over there are triple right now...


Yeah if it walks like a duck... but there's always the chance it's server transfers. Either way it sucks that they are ruining your market.
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Re: Making Gold on the AH

Postby rodos » Tue Apr 17, 2012 5:14 pm

Gab wrote:I'm not so sure they are coming from duping. It could be server transfers. I have been thinking about server xferring come MoP because Azgalor alliance is a dyinge faction. Checked out KT and a few other servers some of which had raw epic rubies as cheap as ~500 gold.

Could be as simple as people buying up a few hundred gems and transferring to servrers where they see large profit margins.

Would a dying faction really have "a few hundred" epic gems available to buy at all? Right now there are only 24 Queen's Garnet up on the Azgalor Alliance AH in all cuts, and only 8 in raw form.

Take a look at this from my server: https://theunderminejournal.com/item.php?realm=A-Saurfang&item=71805
Image

Someone came into the market with over 250 garnets and tried to dump them all for 620g each. They appear to have all been posted on a 12 hour auction, and very few of them actually sold. Now, that could well be a server transfer, but gathering up 250 garnets would seem to be the work of many several weeks most servers. Also, prices had been down since a large supply spike over the weekend. Bringing this many garnets into a bad market, and dumping them all at once, doesn't seem like the actions of the type of player who'd have a couple of hundred thousand gold to transfer in this way and the patience to gather up 250 garnets to begin with.

Edit: More evidence of shenanigans. TUJ doesn't show the player who listed all those garnets in the Recent Sellers section. The server's active JCs seem to have been involved in the previous spike on Friday night/Saturday morning, but not at all in the huge Monday/Tuesday event. The latter event is big enough to put anyone involved on the recent sellers list, so why are they not there? Banned or deleted account maybe?
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Re: Making Gold on the AH

Postby halabar » Tue Apr 17, 2012 8:42 pm

rodos wrote:Edit: More evidence of shenanigans. TUJ doesn't show the player who listed all those garnets in the Recent Sellers section. The server's active JCs seem to have been involved in the previous spike on Friday night/Saturday morning, but not at all in the huge Monday/Tuesday event. The latter event is big enough to put anyone involved on the recent sellers list, so why are they not there? Banned or deleted account maybe?


Yep, in my case it was clear one guy was responsible.
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Re: Making Gold on the AH

Postby Gab » Tue Apr 17, 2012 9:37 pm

rodos wrote:
Gab wrote:I'm not so sure they are coming from duping. It could be server transfers. I have been thinking about server xferring come MoP because Azgalor alliance is a dyinge faction. Checked out KT and a few other servers some of which had raw epic rubies as cheap as ~500 gold.

Could be as simple as people buying up a few hundred gems and transferring to servrers where they see large profit margins.

Would a dying faction really have "a few hundred" epic gems available to buy at all? Right now there are only 24 Queen's Garnet up on the Azgalor Alliance AH in all cuts, and only 8 in raw form.


I think you may have misunderstood. I was referring to coming from a server with a high volume of gems available at a low price (KT 500/gem) to a server where the supply is low and the price is high (Azgalor 2000/gem). I was simply using those servers as a reference for differences in price and supply; adding the reason why I was thinking about transferring may have caused unnecessary confusion.

A pretty big risk sure but if you could offer the gems at say half of the current market value you might be able to sell a large quantity quickly, even on a modestly populated realm/faction, and move on.

rodos wrote:Take a look at this from my server:
<Image>
Someone came into the market with over 250 garnets and tried to dump them all for 620g each. They appear to have all been posted on a 12 hour auction, and very few of them actually sold. Now, that could well be a server transfer, but gathering up 250 garnets would seem to be the work of many several weeks most servers. Also, prices had been down since a large supply spike over the weekend. Bringing this many garnets into a bad market, and dumping them all at once, doesn't seem like the actions of the type of player who'd have a couple of hundred thousand gold to transfer in this way and the patience to gather up 250 garnets to begin with.

Edit: More evidence of shenanigans. TUJ doesn't show the player who listed all those garnets in the Recent Sellers section. The server's active JCs seem to have been involved in the previous spike on Friday night/Saturday morning, but not at all in the huge Monday/Tuesday event. The latter event is big enough to put anyone involved on the recent sellers list, so why are they not there? Banned or deleted account maybe?


Definitely odd. I wonder if TUJ still puts you on the recent sellers section if you transfer off the server? It's also possible that some sold from trade barking. I'm just saying it doesn't necessarily mean there is duping going on. Although both Halabar's conversation with a seller and "your" seller not showing up on TUJ are both a little suspicious.
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Re: Making Gold on the AH

Postby poptart » Fri Apr 20, 2012 11:59 am

So, raid comp changes for 5.0 will probably prompt me to change to my Prot Warrior as my main in Panaclysm. He currently has BS and Eng as his professions. So for my main, I will have a tank and a mDPS for raid comp.

In order to fuel my further production chain, my Druid will probably be my 2nd toon leveled with JC and Herbalism. He will be a healer and rDPS so I have all raid roles covered.

My Miner will be my 3rd toon leveled. He is also an Enchanter.

So, the question is, how do I figure out my Return on Investment on buying raw materials from a guildie or off the AH to fuel my BS/Eng/JC professions since my miner will not be leveled until well after the first month or two of the xpac? Also having to mostly likely buy enchanting mats since I will not get a whole host of them early from quest rewards?

How do I figure out what I "lose" in opportunity cost by not having my professions leveled quickly by waiting until my miner is leveled vs the cost of buying the raw materials for inflated prices?

I have 200k that I can "invest" in my Pandaclysm professions. I made that by mostly gathering my own raw mats (except when the botters were dumping) and keeping my external costs low while I sold.

I guess I don't have any real need for it except to fund my professions for Pandaclysm and perhaps buying some start BoE epics for the main if they exist but still, how do I value spending it on raw mats?

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Re: Making Gold on the AH

Postby Cogglamp » Fri Apr 20, 2012 1:04 pm

poptart wrote: stuff


As for ROI, you're going to have to do it like the rest of us. Profit/Cost.

Though, I think you're focusing on stuff that is really out of your control. I'd focus on things that you can control and possibly profit from.

As of right now, BSmith will still be profitable as they haven't changed the ebonsteel belt buckle ilevel requirement. I've been hedging my bets by holding on to a fair amount of pyrium bars, VEarth, and elementium bars. Have enough Pyrium Bars to make Pyrium Shield Spikes to save you 5 cheap points of BSmithing when MoP drops. We will get to a point in this current xpac where people will dump their wares.

If you have a 525 enchanter, you aren't going to lose out on the bonanza of dusts/essences because you can convientenly mail stuff to him and have him DE it and slowly work your way up in Enchanting while trying to identify profitable enchants at lower levels (oh hai Mighty Stats to Chest!). I wouldn't even worry about your enchanter because of this.

The only real "loss" you're going to take is the mining though it's just opportunity cost and not a recognized loss as you've correctly pointed out. While it won't be insignificant, I wouldn't be going all out to level my blacksmithing quickly. The costs will certainly be steep but you can probably get away with trying to level up slowly until you get access to the Sockets and then you can be patient with the market.

We'll have to see if there are some sure fire ways to make gold like we did with Stormforged Shoulders>HShards. Otherwise, I'd be inclined to sit and poach stuff as it comes up.

Though there will always be nuances to take advantage of. I made a crapload off Electrified Ethers as an Engineer when Cata was released because people weren't educated and they were extremely lazy. I made a great deal off of Bolts/Bars/Lesser Essences>Greater Essences irregularities/Leather Scraps to Leather combinations.

You have to go out of your way to lose gold in the first couple of weeks, even if you're hell bent on leveling your professions as the market will always have some inefficiencies. Spend 5-10 minutes quickly looking at all raw materials each morning/night and you will be more than fine.
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Re: Making Gold on the AH

Postby Gab » Fri Apr 20, 2012 1:23 pm

Unless they plan on changing BSing, you will already have the profession stat bonuses (sockets) available. So leveling BSing should be pretty low priority.

And I'm sure a 5 man heroic helm can hold you over until you get around to crafting the engineering one.

EDIT: Not really a money making perspective.
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Re: Making Gold on the AH

Postby rodos » Mon Apr 23, 2012 12:11 am

Cogglamp wrote:Have enough Pyrium Bars to make Pyrium Shield Spikes to save you 5 cheap points of BSmithing when MoP drops.

Keep an eye on this after the MoP profession stuff is released, and also as we get closer to launch date. IIRC, a number of these avenues for levelling up on "old" recipes was nerfed for the Cata launch.
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Re: Making Gold on the AH

Postby lythac » Mon Apr 23, 2012 3:29 am

Gab wrote:Unless they plan on changing BSing, you will already have the profession stat bonuses (sockets) available. So leveling BSing should be pretty low priority.


It is changing, for rank 2 of socket bracer you need 550 BS.
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Re: Making Gold on the AH

Postby Sero » Mon Apr 23, 2012 9:06 am

Been doing the JC/Alch/Disenchanting shuffle the last week. Netted me around 70k so far.
But I'm getting sick of clicking to buyout ore all the time. I've tried configuring auctioneer & auctionlite to auto-buyout, or atleast 1-click-buyout ore. Can anyone give me any help with this? :)
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Re: Making Gold on the AH

Postby Esilence » Mon Apr 23, 2012 9:36 am

Get Auctionator. Say someone posts 50 stacks at the same price, they are listed as "50 stacks of 20" on the interface, then you just need to click the same buy button once for each stack you wish to purchase.
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Re: Making Gold on the AH

Postby Sero » Mon Apr 23, 2012 10:44 am

Thanks a ton, that made everything LOADS easier :)
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Re: Making Gold on the AH

Postby Holyblaze » Mon Apr 23, 2012 11:05 am

rodos wrote:
Cogglamp wrote:Have enough Pyrium Bars to make Pyrium Shield Spikes to save you 5 cheap points of BSmithing when MoP drops.

Keep an eye on this after the MoP profession stuff is released, and also as we get closer to launch date. IIRC, a number of these avenues for levelling up on "old" recipes was nerfed for the Cata launch.



Was thinking the same thing man. Once you learn the new level of crafting the colors are lowered on the difficulty side.That will, ofcourse, lower the skill ups that we get. Still though, might be a green lvl item at that point though and worth keeping round.
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Re: Making Gold on the AH

Postby halabar » Mon Apr 23, 2012 12:36 pm

JC shuffle just not worth it now. With ore prices bopping between 40G-60G/stack, and cut rubies in the ~180G range, combined with all the AH campers, it's just not worth the time, buy 5k of ore to make 5k profit, but the time investment with prospecting and crushing.. ugh....

So it's back to V Life transmute to V Air, prices are better there lately, with very little time investment.
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Re: Making Gold on the AH

Postby Holyblaze » Mon Apr 23, 2012 5:19 pm

Same here Hala, 31-40g a stack but Rubies are 80-112g range. LAME!
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