• Abbi

And really: your tailor/jewelcrafter + enchanting character could shard as many blue items per day as she could make. The VC pipeline is fairly constricted in comparison.

Prismatic prices will come down, but I don't think they'll crash. Void Crystal prices will rise.

 

redux80

I bought 73 Void Crystals yesterday morning for 8g each, turned them all by this afternoon for 16-17g. Funny thing is though, I still had about 20-25 Voids left on the AH @ 2PMish today. When that post was made, every single Void Crystal that was on the AH (there were probably 50-60 total) was immediately bought out. In addition, LPS prices dropped from ~27g to 20g in the same time period. Anyone here see short term opportunity by those overreacting?

 

royaljester

I def do, I think i'm going to find a large amount of voids for the 10-18g range and put up for 25ish and then post in trade chat about the change fro those that don't know. It's shameless, but meh, who cares, if idiots buy, they buy and i'm up 6g a sale

 

Lazare

Yes. Void Crystal prices on my realm have spiked from ~9g each to ~29g each. Personally I'm selling Voids right now, something tells me 29g is a bit higher than the new equilibrium price.

 

◊ Shaker

This post gained a new level of awesome when it went from "speculation from patch notes to make money on patch day" to "making money off people who speculate from patch ntoes".

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

 

monkorn

Now how do I go about making money on those that speculate about the speculation of patch notes...while not getting taken advantage of by the people that speculate on me.

Also, seeing as how lps prices are going to drop, that means demand on arcane dust/knothide/adamantite dust/neatherweave cloth will drop, but I can't see quite yet on how to take advantage of that.

 

Lightshow

The trick to making money off of other speculators would be to buy the cheap void crystals (if you still can) at 10-13g, then relist then at the maximum amount people would be willing to pay in their attempts to make money from this. The upper limit seems to be about 18g, as I see it. I think the window for this opportunity is a short one, though. On one of my servers I was able to scoop up a good few crystals by the time I got home from work, on the other the massive price hike had already taken place.

Fortunately with this venture, there's very little chance of losing money as lps prices would have to drop to something like 6.5g each in order for me to lose money from this. I imagine the same reasoning will compel many other folk to buy up as much as they can even at 18g a pop.

 

Lazare

As a finance major IRL, the 2.4 notes are making me really really wish that the AH supported futures contracts and short positions. It'd be so much fun! (Well, fun for me, YMMV.)

What you could do right now is borrow Void Crystals from a friend or guild bank, and promise to replace them in a couple weeks. Sell the Voids at the current high price - if prices do decline once initial irrational exuberance wears off, you can repurchase Voids at a low price, pay back the loan (possibly with interest), and pocket the difference. If prices don't decline you'll lose money, but it's a gamble I'd make.

(IRL, the next step would be to look at a hedging strategy to try and limit your maximum losses. Off the top of my head, I'd look to buy options contracts to purchase void crystals for ~40g or so, which would be a cheap way to cap your losses if void prices continue to rise for some reason. Unfortunately, trying to do that inside WoW is...implausible.)

 

Kombinat

To my mind, the ability to split a Void into 2x LPS is going to be very interesting. I'm assuming things will reach a point of equilibrium eventually, someone mentioned 20g per shard, this seems fairly realistic.

Someone also mentioned that this would drive the price of other enchanting mats down, specifically arcane dust, and GPE. Makes sense, LPS are the barrier to entrance for top end enchants for the most part. Lower that barrier to a more affordable level and more people look at their main hand and say "Hmm. Mongoose/Executioner isn't really that pricey"

It'll be a good time to be an enchanter with some decent recipes. Personally, I'm going to try to liquidate my arcane dust and GPE stockpile before 2.4. I don't think the prices on these will drop by more than 10%, but 10% is still a significant margin.

And I bought the design for Braided Eternium Chain today too. If prices on barthilas hold steady I can break even on the price of the recipe/eternium bars, but if the logical conclusion reached in this thread becomes more widely known, it'll be fairly tough.

 

Kapten

You're pretty close, but it's actually going to be a part of Enchanting. Once every 24 hours, through Enchanting (not Alchemy) you'll be able to split a Void Crystal into two Large Prismatic Shards. This is through a new recipe that's being added in 2.4.

This helps reduce the exorbitant prices currently being seen for Large Prismatics, and helps raise the value of the Void Crystals. While this is the only change planned in 2.4 to help the Void Crystal prices, we're still looking at the possibility of additional 'help' for Void Crystal value in the future.



anyone read this? from mmo-champ, will it be worth it to buy voids for like 8g and sell prismatics for a larger amounth or do you think ppl read this and actully stock up? :p

 

world

Kapten: Make sure you actually read the thread (or at least recent posts) before you post. The entire last page of this thread has been about that very topic.

To add some substance to this post, on Blackrock, void crystal prices are up to around 25g each now. Even so, LPS prices have been hovering at around 25g each for some time now, so my guess is that prices still have not stabilized yet, but time will tell, and its all just gambling at the moment.

 

Baelog

At the moment, the prices of Void Crystals have skyrocketed on Al`Akir, ~45g each, -from around 10g each- on the AH, while the Large Prismatic prices have stayed the same, 29-35g. Pretty insane.

 

dotOrion

Damn .. I better get rid of my LPS stock before the prices drop.

Void Crystal and LPS both stayed at the same price for now, both are at ~20g.
Perhaps I should buy a few Void Crystals ...

 

Lightshow

I wonder how much success people are having selling the void crystals once they're away up at the 45-60g mark? On one hand, I can't imagine people still think they can make much profit buying at that price, and people buying for enchants will probably either be going to their guild banks or just putting the enchant off. One good thing to come from it, of course is you'll be able to list your voids at 30g and the people who're trying to flood the market with 45g crystals will most likely snap them up.

 

Lazare

Incidentally, I wouldn't bet too much on GPE prices falling. I've been dumping a lot of GPEs into my servers econ by buying greens, DEing them for dust, and using the dust to make shards via Arcanoweave Bracers and Cogspinner Goggles. The DE process generates a fair amount of GPEs, which I AH since I don't have an enchanter (just a low lvl DE bot).

If LPS prices fall to 20g, then I won't be making money crafting blues, so I'll stop mass DEing greens. Multiply that across the server, and the supply of GPEs may dry up. At the same time, cheap LPS will be changing demand for GPEs. To the extent enchants use both LPS *and* GPEs, demand should increase. To the extent that enchants use LPS *or* GPEs, demand should decrease.

Also - random speculation: Last time they introduced a recipe like this, the cooldown was removed the following patch, wasn't it? If they do that again that would be a big temporary boost to VC prices, and a big temporary crash for LPS prices. However, I suspect they won't do that until WotLK launches, at which point, all bets are off.

 

◊ NateDawg1021

As an enchanter has anyone had success buying up enchanting mats all the time (set up a list, watch the AH and only buy stuff that's < XX amount of gold) and then advertising in Trade chat selling them.

Currently my "Enchanter spam" says I don't stock mats, but I stll get people asking if I have mats. :-/ I wonder if Joenoob doesn't check the AH and would just buy enchants from me and not scan the AH first. Obviously you'd rarely get people dropping 300g+ in your trade window for Mongoose, but I bet +Healing/Firey/Icey/Arcane Dust enchants would be fairly easy to stock up on mats and always pump those out. (Especially on Tuesdays).

Kind of curious because you rarely see people selling enchants with their mats. I'd assume it would be more convienent and you'd get more business. Hoping it doesn't have more Cons then Pros.

 

Dky

As a leatherworker I've noticed that generally poeple tend to buy their own mats, thinking maybe they can spare some gold. With enchanting it's the same.

 

Bunni

I think because of Kara/Heroics the average player is seeing a lot more useless purple than they used to but the number of enchants that require void crystals are just as expensive and limited as the ones that needed nexus crystals used to be. I think if they had done the sensible thing and made Kara in the same mostly blue some purple system as the old 20 mans things would have been a bit different.

Someone asked about reselling earlier and I think my biggest tip there is to watch the low level blue market. You will often get just as much for a level 29 item as you would for 69 and the ah deposit is almost nonexistent so you are free to relist until it sells (unlike buying a 70 blue which will eat up your profit quickly if it doesn't sell fast). This of course depends on the server being fairly established and lots of people twinking or just having the cash to buy their alts gear as they level. Do pay a little attention to the stats though, some are much better than others (though people are strangely blind to that sometimes when they see blue or purple). Aim for the sub 50 market, any later than that and people start thinking "I might as well wait for Outlands".

Edit: Just a comment on:
"Kind of curious because you rarely see people selling enchants with their mats. I'd assume it would be more convienent and you'd get more business. Hoping it doesn't have more Cons then Pros."

It isn't worth it outside of special occasions (s3 release I stood around yelling about stamina and res enchants including mats and sold a fair amount). People will harass you for 15 minutes over your quoted prices even if they are lower than the price of the same mats in the auction house. Honestly both sides seem to prefer skipping the haggling, they would rather get overcharged by a faceless auction alt than feel unsure about a deal with a pixel to pixel person.

 

redux80

Am I the only one that sees LPS prices going below 20g, maybe as low as 15g to where they were in March/April of last year? I had already seen LPS prices fall down consistently below the 25g mark the past couple of weeks, hitting a low of 20 yesterday. Demand of course isn't where it was a few weeks ago and will continue to dwindle as most people have purchased their new weapons (whether it's S1 or S3). There will of course be massive demand when 2.4 comes out if it coincides with S4, but after the initial blitz, I really see LPS prices settling in the 15g range, with Voids holding steady at 30.

 

Beardstorm

Any expecting the price of rare quality gems dropping further with heroic gems not being unique equipped anymore?

 

Overpowered

I think that BWL/Naxx/AQ runs would be a huge cash cow for some groups due to the recent VC -> LPS revelation. I am just about to hit 60 on my new character and would be willing to pay for a guild to run me through Naxx/BWL for some gear - and I KNOW I am not alone in this feeling. You could make gold by 1) Selling the items to the 60's (I'm sure some 70s would buy Tier 3 just for the heck of it) 2) DEing the items that are not purchased by a 60 attending the raid (which now will equate to a lot of gold) 3) The gold that drops off of the bosses in the instances spread amongst the team of players is also a decent chunk of change. I'm not sure how much gold this would end up being per hour once all is said and done - but it's an idea.

 

Prost

@Beardstorm - I wouldn't think so because of the 1 day lock out on heroics and the infrequency of the gems you want to drop. Over the long haul there may be a slight decrease in buying gems, but either way you're going to have people who are too lazy to farm for all their epic gems as well as people buying gems temporarily until they can farm the epic gems they need, and I don't see many raiders using green quality gems or vendor gems.

edit: added who I was responding to

 

Jitka

I doubt it. Remember that there are no "pure" stat epic gems from heroics. They're all hybrids (oranges, purples, greens). Living Rubies, Dawnstones, and Stars of Elune will retain their desirability. There may be a slight hit to the nightseye and noble topaz market, but I doubt it will be much to notice.

 

◊ Vaccine

Not to mention the drop rate still isn't that amazing on the gems in the first place. At a limit of 1 run a day to get your specific gem, its still not really feasable to gem a full set in one type of gem in any reasonable amount of time (running ramparts for the res/stam gem for example).

<Fojar>: Both Dr.Who and any anagram of it are shit.
<Vaccine>: Dr How isn't shit...

 

Feist-Mok

I reguarly get people to drop 6-700 g in a trade window for mongoose etc. with my mats. (low pop server, voids run 30-40 G, shards 20-25. Yes this is bizarre.) Many people are lazy and/or impatient and won't check the ah for shards. By contrast for dust only enchants most customers would rather provide their own. I've found my best success spamming trade when a particular mat is high or in short supply on the AH and promising to undercut - any loss vs the ah rate is more than made up for by the referrals/repeat business.