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f13.net  |  f13.net General Forums  |  MMOG Discussion  |  World of Warcraft  |  Topic: Cash for Gold! 0 Members and 1 Guest are viewing this topic.
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Author Topic: Cash for Gold!  (Read 4628 times)
Trippy
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Reply #35 on: April 08, 2015, 03:11:06 PM

Quote
I expect that there will be some kind of floor built into their pricing algorithm.
Yes I would expect Blizzard's algorithm has both floors and ceilings for how much the price can change in a certain time period.
« Last Edit: April 08, 2015, 03:14:07 PM by Trippy »
Xanthippe
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Reply #36 on: April 08, 2015, 03:19:05 PM

On Korgath, the price opened at 30,000g and it is now at 31,218g four hours later. Predictions on it going up or down in a month?

And right now, a day later, it is 21,307g.
Merusk
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Reply #37 on: April 08, 2015, 04:59:01 PM

Yeah it's totally not the AH, even though it's sold through the AH. I sold one for 31,215 as the gold was in my mail when I got home today. The current listing is 21,094 so it made 10k gold to make up for that.

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SurfD
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Reply #38 on: April 08, 2015, 08:37:27 PM

Yeah it's totally not the AH, even though it's sold through the AH. I sold one for 31,215 as the gold was in my mail when I got home today. The current listing is 21,094 so it made 10k gold to make up for that.
If i remember correctly,  the price you list it at is the price YOU get for it when someone else buys it, even if the purchase price goes down between the time when you  list your token and someone buys it.  Not sure if it works in reverse (ie, if you list one  at 20k and the price  goes up before someone buys yours, do you only get 20k, or do you get the increased price).

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Xanthippe
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Reply #39 on: April 12, 2015, 12:38:15 PM

The price went back up to 24,000 or so earlier this week, but when I just checked it (Sunday noonish pacific time) it's at 21,928.

Merusk
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Reply #40 on: April 12, 2015, 05:30:38 PM

Yeah looks like it's never going to hit 30k again. Amusing.

I can't get past the panties - Alluvian
I really like the cocks. - Lantyssa
People rarely believe just how good I am at sucking. - Lantyssa
I love the swinging dongs - Signe
Paelos
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Reply #41 on: April 12, 2015, 06:20:33 PM

I'm still not sure how this thing works but obviously it's not what I was thinking.

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Xanthippe
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Reply #42 on: April 12, 2015, 07:51:44 PM

Well, you can't speculate - i.e., buy tokens for gold and then resell them. I think that has something to do with the surprising price drop. (At least, surprising to me).
Rendakor
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Reply #43 on: April 12, 2015, 08:07:43 PM

Why can't you speculate? Are they not resellable?

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Xanthippe
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Reply #44 on: April 12, 2015, 08:14:40 PM

When you buy them for gold, they become soulbound to you.
Rendakor
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Reply #45 on: April 12, 2015, 08:20:25 PM

Ah, ok.

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Merusk
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Reply #46 on: April 12, 2015, 08:35:27 PM

Yep, the only speculation you can do is, "If I wait until <day> the market typically peaks/nadirs so I can get/save more gold"  Then you purchase for whatever side you were going for.

I can't get past the panties - Alluvian
I really like the cocks. - Lantyssa
People rarely believe just how good I am at sucking. - Lantyssa
I love the swinging dongs - Signe
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