Chewy

Hm I would think just the opposite.

Seems that (at least in my little slice of the world) most cloth-users have dropped tailoring due to the gear becoming obsolete, and most all DPS picking up leatherworking for drums.

 

Yaelle

The only thing that really went up noticeably on my server after the opening of the badge Vendor was [Thick Clefthoof Leather](3g50 before, 11g now). Come to think about it, it might also be related to a lot of people bringing up leather working maybe, that leather type being the key material to later skill ups and an ingredient to the very much desired drums. Add that to the fact that with all the new leg armors that are needed for the items from the badge vendor.

I monitored all of the primals, including primal nether, they all stayed pretty much stable.

 

◊ Panasi

WoW Forums -> Follow up on a ticket / escalation process?

Those gems appear to have been accidentally left accidentally, will be patched in (maybe tonight?)

 

zliplus

I think the bulk of the money to be made still comes from the casual players and casual raiders (just entering T6 perhaps), who aren't the min/maxers with drums. People pushing sunwell are generally very self-dependent, or at least have guild members who could make any needed items for them.

 

Elerion

This, compounded by the simple fact that we are talking about the launch of a badge gear vendor which is generally rather uninteresting for hardcore raiders, means leatherworkers are far less common in the target segment.

 

dakalro

A bit wrong here imo, I have a nice alt with 400+ badges waiting and many more have alt(s) with 300-600 badges stored for the vendor plus couple hundred more on mains for offspec/alt regem. Vendor and gems are the things I'm waiting for the most atm but the only thing I'll be buying is leather for nethercleft. And I suspect this is the case with plenty of guilds that farmed BT to pure boredom. It's the "nolifer" people that will be buying high amounts of badge gear but mostly only some rare enchants late at night and raw mats I guess.

 

Elerion

Yes, but those alts aren't casters with leatherworking for the immense group bonus, now are they?


Leatherworking is dirt common only among min/max'ing raiders. Most alts and casuals will prioritize the relevant gear professions and/or gathering skills.

 

Fondren

Four interesting observations about the Magtheridon opening:


I was cash-heavy on the day of the patch, so I could watch other servers and take advantage of fluctuations before our badge vendor opened. I stocked up on meta gems, leg enchants and certain primals.


1. Our market went wild a few days BEFORE the vendor opened.

I started listing items only when there was no competition, and found that people were willing to pay a huge premium. Most of my stockpiled items sold quickly at 50% over market prices.

2. Prices stabilized AFTER the vendor opened.

Items that were expected to spike saw large inflows of supply. This kept prices stable.

I can only imagine that demand grew as the vendor release approached, but few sellers responded to the spike in demand. After the vendor opened, undercutting brought prices down to a more normal level.

3. I also saw plenty "panic undercutting" where people undercut by 10G when only 1S would have been enough. Others have commented on this trend. I interpret this as a large number of amateurs in the market.

4. Despite expectations, certain blue-quality gem cuts did not decline in price. However, the cost of uncut gems dropped.

For example, selling price for Delicate Living Ruby (+8 agility) stayed steady at 75G. However, the price for uncut Living Rubies dropped from 65G to 50G.

I think that some people were dumping stockpiled gems, while simultaneously the demand for MOST gem cuts tanked.

This trend began the week before the vendor opened, and stabilized about 24 hours after the open.

The auction house is my favorite form of PvP.

 

Belteshazzar

These are some very interesting observations. To me, this brings up an ethical question: do I really hype up the anvil opening on Ursin to make a lot of people expect huge price gouging after the anvil is open, then start listing things on an alt at gouged prices to take advantage of the hysteria? Basically, is it ethical to try to help the market inflate to take advantage of the inflation?

 

Digimath

Absolutely if you think that doing so would actually have any effect on the market. When it comes to playing the Auction House, you have to keep business and friendship separate. The bottom line is to make gold at the expense of anyone and everyone possible, if you don't do everything in your power to be successful in this regard, I guarantee someone like me will come along and take advantage of the opportunities you overlook.

On another note, on Malfurion after the Armory was opened the economy followed the same trend that has been mentioned in a majority of the above posts, although things were relatively calm leading up to the opening. Considering the armory opened on a Friday night, I would say the rush lasted until about late afternoon that Saturday. If you are planning on unloading a stockpile on the Auction House when the armory opens up, I would definitely recommend following your servers progress closely because if you aren't in at the beginning of the onslaught, you stand to miss out on some nice inflations in the markets that have already been mentioned in this thread.

 

Bismar

I must say I've really been struck by the resiliency of adamantite ore and many of the blue gems. They've barely dropped over the phase since BT was un-attuned and Brilliant Glass entered, and I'm not seeing much drop in anticipation of the alchemy vendor. What's more, I'm not seeing ANY drop at all in the ore department.

 

zliplus

I think this is a bit hazy, and it depends on *how* you hype up the anvil opening. I see no problem with public speculation in the trade channel if it's reasonable, but postulating and supporting absurd and downright deceitful information is a no-no. As an example, it would be inappropriate to hype up the anvil by suggesting that more items are available than reality (full badge sets, etc.)

Edit: To clarify with an analogy, it's perfectly acceptable to sell primal shadows at 50g when they're sold out on the AH (or even buy them out first), but not ok to do so by claiming they're at 75g on the AH when they're actually at 30g. Blame buyers for being lazy or stupid all you like, but it's still unethical to sell items through lying about them.

 

Denogran

I don't agree with this at all. Will I make as much money as the person who charges guildies for gem cuts? No, certainly not. But, just as I don't try to work over my friends in real life, I won't in virtual life either. If you're talking it up in the trade channel, that's a different deal. But trying to get your friends excited so you can go sell stuff on your completely unknown toon? I dunno, but that's a bit too sleazy for me. I really don't need the gold bad enough to compromise my values.

 

Belteshazzar

I was thinking more along the lines of saying things like, "Holy crap, I can't believe [item] is still so cheap" between the AH and the mailbox in Org. Or, "On other servers, the primals are skyrocketing with the anvil being unlocked... glad I got some cheap."

 

duvar

On Azgalor, what I noticed was that a few days before the anvil was complete the supply of raw gems had virtually been eliminated. I had sort of planned for this and had stockpiled over 2,000G worth of raw gems starting about 10 days before the anvil opened. Once the supply of the raw gems went to almost 0, this drove the raw gems to sell for basically whatever they listed for. Likewise with the cut gems, I would see Nightseyes on the Auction House for 40g and then I'd turn around and cut 2 glowing nightseyes and 2 royal nightseyes, list them for 80g each and they'd sell within 30 minutes.

What I originally expected to happen was that the market would hit a very big boom right after the anvil was opened and stay booming for about 2 days. What actually happened was that it started booming about 3 days before the opening of the anvil, and stopped booming about 10-12 hours after the anvil had opened. I guess people had planned in advance for the lack of supply, as I had.

In any case, there was a 2-3 hour period there where people would literally pay any amount you listed a gem for. I sold some Relentless Earthstorm Diamonds for 200g each, when the price 2 weeks ago was like 110 and the price now has stabilized around 130-140g.

 

Howard Roark

My favorite way to get items at a bargain from retards is doing something along the lines of the following:

My alt in trade channel:
"Want to buy nether vortex paying 125g"
"Want to buy nether vortex paying 125g, need 4 more"
"Want to buy nether vortex paying 125g, need 2 more"
"Want to buy nether vortex paying 125g, just need 1 more"
"Woot just crafted my stormherald for 600g!"
etc... (without actually buying any of course)

Then log on main and try to buy them for 200
Some people fall for it (most don't)

 

Digimath

I think you may have misconstrued the point I was trying to make. I guess looking back at it I didn't sound very forgiving with what I said. You absolutely don't want to take advantage of your friends in game but you also don't want to let them take advantage of you. As far as the general populace goes though, I see no room for mercy on anyone that you're not closely associated with. When I said to keep friendship and business separate I meant exactly that. If your friends know you have lots of gold, property, so on, many times they will try to take advantage of that by trying to get free stuff. If you like giving stuff away for free be my guest, the best I can see doing for a friend is reselling to them for the price you pick stuff up for unless it's something along the lines of crafting items for raiding or something to that effect. Sorry I wasn't very clear with what I meant.

 

◊ Shaker

Btw, I think it's been said several times in this thread, but we try to keep things to the Art of Making Gold, not the Art of Deceiving People And Getting Their Gold.

Consistency. It's only a virtue if you're not a screwup.

 

Calencia

From an ethical perspective, there is no difference (other than the amount of time and effort involved) between this tactic and putting that lone piece of Netherweave up at 3g to bury it amongst the stacks of 20. You'd be deceiving people (actively or passively) to profit from their gullibility, impatience and/or lack of economic sense.

This type of thing can make for excellent profits, to be sure, but it's not ethical.

I think it was said earlier in the thread somewhere (my ability to find things using search is in the epic-fail category), but bears repeating: if you think you have to use an alt to avoid censure for an AH tactic, the ethical answer is usually pretty clear.

 

Kumar

I don't see how lying and deceiving people falls into the "Art of Making Gold".

 

Alruna

Draka opened up the badge vendor over the weekend and most of the primal prices have fallen back into line, except for primal waters.

Primal water is now pretty consistently fetching 30+ gold, with highs of 40, when it was in the teens not too long ago. It's the most expensive primal on the market by about 10g, which makes the earth to life transmute extraordinarily valuable.

I've sold about 30 water in the past couple of days...wish I'd hung on to some more...

 

• Mjollnir

As an aside: are Vortices even worth buying? For their cost in badges they seem so gut-cheap. Considering how absolutely easy it is to get badges these days, you'd be doing better things with your time farming them, while simultaneously earning increased gold and other vendorable items.

 

Vandermonde

This obviously hinges on the price of vortices on your server, which we've seen varies wildly.

 

• Mjollnir

Obviously. Regardless, 15 badges is so quick to farm these days, it's ridiculous. Unless you're absolutely and utterly impatient...

 

Macblade

This will clearly vary from person to person. For me, farming kara for badges is only one step above farming ele platue for primals or blood elves above BT for gold. So in that sense I'd almost always rather pay 200g for a vortex than have to farm for it for 2 hours. I enjoy playing the AH, I hate farming. it's that simple.