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Old 05/11/09, 4:06 PM   #1101
Mugsley
Piston Honda
 
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Dwarf Hunter
 
Dark Iron
I'm trying to keep tabs on this, but last week, the Frost Lotus market doubled in value overnight. I watched it happened, as I was looking for a few more Lotus for some flasks. The AH was empty, and was set upon by someone listing the lotus at double normal price. Undercutters followed closely behind, but the price did not drop steadily like I had hoped.

I can only attribute this to increased demand for flasks from Ulduar attendance. I have a set price I won't go below, but may be forced to buy some simply due to dwindling supplies Has anyone else seen something similar happen? I'm hoping recent weekend activity will have dropped the price some more, but I'm not holding my breath (Mother's Day kept me busy all weekend).

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Old 05/11/09, 5:02 PM   #1102
 frmorrison
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Ashstorm
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Frost Lotus is at around 35g on M'G (one of the most populated Horde side servers) and it was just 20g a week ago.

Millions of words are written annually purporting to tell how to beat the races, whereas the best possible advice on the subject is found in the three monosyllables: 'Do not try.'

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Old 05/11/09, 11:56 PM   #1103
adrock
Glass Joe
 
Night Elf Druid
 
Frostmourne
Frostmourne lotus prices

Frostmourne-US saw the jump about a week ago too from 15-20 to around 35-40.

Flask prices however have somehow steadied out at 20g each still, so not much profit to be made there.

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Old 05/12/09, 12:16 AM   #1104
Tifordin
Von Kaiser
 
Draenei Paladin
 
Khaz'goroth
Posting prices from your own individual server will be completely anecdotal, as every server is going to be different, even if only slightly. Just because your server experiences a price increase of 8g does not mean every single server will. Try discussing strategies and theories rather than individual prices

Personally, I've found myself becoming increasingly invested in low-volume, high cost materials such as Abyss Crystals and Arctic Fur. I'm predicting a pay-off once Ulduar becomes more accessible (people start getting high-end enchants, and the LW patterns take off) and arena teams start gearing up again - however for the moment it means much of my capital is locked away in a handful of stacks of items on my bank alt. Bit of a risky position to be in, hopefully the payoff is worth it!

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Old 05/12/09, 4:36 AM   #1105
Schonning
Von Kaiser
 
Blood Elf Paladin
 
Talnivarr (EU)
I have been thinking just this for quite some time Tifordin. I have gathered titansteel bars/arctic fur/moonshroud in anticipation of such effects. However, it seems that as long as the runed orbs are in such limited supply, we won't be able to sell a large enough quantity of these to drive the price upwards.

I am holding on to all of it for now in hope that Blizzard might decide to increase droprate of the orbs and/or that the best guilds get all the craftables they want and start selling their orbs.

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Old 05/12/09, 5:12 AM   #1106
Muggins
Piston Honda
 
Blood Elf Death Knight
 
Frostwhisper (EU)
This is purely anecdotal, but for the last week myself and quite a few of the herbalists in my guild have been grumbling about the lack of frost lotus collected while doing daily herbing runs. While beforehand it was normal to run across 1 or 2 lotus a day on normal trips we've been struggling to even pick up a single lotus over a couple of days. I'd simply put it down to random number generator being random, but seeing that its also bumping up server prices elsewhere in the same time frame i'm not so sure now.

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Old 05/12/09, 9:05 AM   #1107
Limbo
Glass Joe
 
Night Elf Hunter
 
Aman'Thul
I have found the Frost Lotus market to be lucrative on my server.

Pre 3.1 they were at 22 to 26g. I stocked up around 70 stacks before the patch came and cleaned out the AH just before the patch landed. After that I managed to push the price up to 40g-ish and proceeded to clear stock.

While I initially expected it to be a short term deal, it seems like there really IS a shortage on my server. Supply is still very limited (rarely over 1 and a half pages on AH) and prices remained around 35g to 40g. Whenever it dips, I'll just let it slide for a week so the casuals will undercut even more. Once I think everyone has unloaded I then proceed to clear out all the stock again and push prices back up.

I'm scaling back now though, keeping no more than 10 stacks on me at any one time. This is just in case Blizz decides to up the drop rate or something.

Until that happens you really can't lose. Especially if you have a flask spec Alchemist toon.

Sales from the Greatness trinkets have been going good as well

I managed to get 8 decks (mix of Agi and Str) for around 6k each and have already offloaded 2 of them at an average of 9k per piece.

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Old 05/12/09, 9:34 AM   #1108
vaestmanaeyjar
Von Kaiser
 
Blood Elf Warlock
 
Mazrigos (EU)
I don't know, I'm seeing lots of people thinking herbs and flasks price are unreasonable and leveling druid farm bots for the purpose of getting "free" flasks and herbs.
I did so myself and lots of other people do.

End result: Sholazar and Icecrown look like "The lvl 77 Druid Grand Annual Meeting" and much more herbs are harvested for personal purposes and never go to the AH. Hence maybe a rarefaction of supply for non herbalists.

I don't really see another valid reason, as you can farm for flasks much faster than you can consume them, I have 50ish in my inventory, enough to make another hundred on my druid. It's either that, or people started to use flasks in Ulduar while they didn't in Naxxramas.

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Old 05/12/09, 9:55 AM   #1109
Nilaus
Von Kaiser
 
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Draenei Hunter
 
Dragonmaw (EU)
This thread is turning more and more into a "look what I did and see how much gold I made" and less of "this is an novel concept try it on your servers".

Stocking up before 3.1 on X is not very good advice to anyone. We can't really use that information for anything except marvel at the wisdom.

Can we please keep the focus on ideas moving forward instead of comparing capitalistic e-peens?

To prevent this post from being a complete whine I'll share something that I haven't seen mentioned here very often:
Prospecting Thorium Ore
I buy Thorium Ore when it goes below 50g / stack and prospect it. I sometimes also reset the marked and list a few stacks at 80-90g (and they sell). The point is that the gems from Thorium are needed to reach 300 JC and as such people will buy them at ridiculous prices (20-25g usually, but sometimse up to 50g each).
It is a very small marked as well and most sellers are JCers who sell surplus when they reach 300, so there is not as fierce competition as many other markeds. (If I see this ruined on my server because of this thread I am going to cry)

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Old 05/12/09, 9:58 AM   #1110
Schonning
Von Kaiser
 
Blood Elf Paladin
 
Talnivarr (EU)
It's either that, or people started to use flasks in Ulduar while they didn't in Naxxramas.
I think this is the case. After Blizzard lowered the duration on flasks (for non-alchemists) to an hour I think more and more people use them, thinking it would be cheaper now since they can use 3 flasks lasting 3 hours for a 3 hour raid instead of 2x 2 hour etc. Ironically, this change has increased the price of flasking overall. Albeit, the flask market is constantly trying to approach 20g a flask there are always people out there to grab them all out and relist for 30g +.

In my personal opinion it is probably because it is much easier to convince someone to buy something for 30g instead of 20g (1 hour flask) rather than 60g over 40g (2 hour flask). Although the profit for the seller is exactly the same.

(I was also one of those racking up huge amount of frost lotus prior to the patch (had 2-300 I think) and bought most of them for less than 15g)

--------

EDIT: I'll help out turning the subject then

Originally Posted by Nilaus View Post

To prevent this post from being a complete whine I'll share something that I haven't seen mentioned here very often:
Prospecting Thorium Ore
I buy Thorium Ore when it goes below 50g / stack and prospect it. I sometimes also reset the marked and list a few stacks at 80-90g (and they sell). The point is that the gems from Thorium are needed to reach 300 JC and as such people will buy them at ridiculous prices (20-25g usually, but sometimse up to 50g each).
It is a very small marked as well and most sellers are JCers who sell surplus when they reach 300, so there is not as fierce competition as many other markeds. (If I see this ruined on my server because of this thread I am going to cry)
I do the same thing, and I suspect many on my server to know this "trick". The prices are extremely variable. I can sell an Azerothian diamond for 50g+ if I am lucky, then I can turn around and buy 15 for 50g total 3-4 days later.
The same is the case with tin/iron ore. Although to level JC you do not need that many gems from these ores I have found that jade/Citrine sells very well as long as you control the market on your own (and you often do since "noone" cares about the vanilla market)

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Old 05/12/09, 11:16 AM   #1111
Mystz0r
Von Kaiser
 
Human Priest
 
Kazzak (EU)
I've started speculating in Runed Orbs, which seems to work very well, provided you have the cash to do it (it's basically just the old dominate-a-market theme, on a very expensive, yet small market). I pick them up at random times, between 1200 and 1400 gold and with a little patience (3-4 days tops), sell them on for around 1600-1700 - I've even sold a few auctions of 6 at a time for 10000g (1666,6g per). Don't know how long it will hold, and it's definitly risky business as I fear they're gonna drop anytime soon. The higher the stake, the higher the profit I suppose

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Old 05/12/09, 3:27 PM   #1112
Mugsley
Piston Honda
 
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Dwarf Hunter
 
Dark Iron
I think there is some potential there. I'm just not sure I want to risk the investment. Consider that with 3.1.2 there will be a heavy nerf to the first 1/3 - 1/2 of Ulduar, so Runed Orbs will become more plentiful. However, the crafting patterns are still rare. I think you can approximate something similar to the Nether Vortex in TBC shortly after BT opened.


A tip I've wanted to use but can't on my server due to someone else dominating the market already: Netherweave Bags take exactly one stack of Netherweave to make. All characters need bags, and with the current state of things, a fair amount of people are rolling alts. Considering prices on Netherweave are very low presently, you can stand to make some decent money by just buying cloth and converting it into bags.

It may be possible to make some money by selling them cross-faction as well, but expect it to take much longer to see any returns.

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Old 05/12/09, 4:48 PM   #1113
tesk
Glass Joe
 
Night Elf Druid
 
Greymane
It looks like they significantly upped the drop rates on [Runed Orb]s. We went from getting one or two on a 25 man clear to having half of the bosses dropping them. Add to this that our 10 man was getting them about 25% of the time on hard modes.

If your server has pugs that are able to clear the first couple bosses in there you might start to see the value of these go way down. Seems like it will be a really iffy market until people realize what the new drop rates will be.

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Old 05/12/09, 5:40 PM   #1114
Stosh
Von Kaiser
 
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Gnome Warlock
 
Draenor
Originally Posted by vaestmanaeyjar View Post
It's either that, or people started to use flasks in Ulduar while they didn't in Naxxramas.
I find that I use more flasks on average per raid in Ulduar than in Naxx due to the shorter duration. My guild's raids typically last from 3.5 to 4 hours, during Naxx that was two flasks per night. With the flask duration now reduced to one hour, I find myself using 5 flasks per night to ensure that I do not lose the buff midway through a boss encounter. Instead of losing 5 to 10 minutes worth of a flask's duration once per raid, I now lose 5 to 10 minutes worth of duration four times per raid necessitating a fifth flask.

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Old 05/12/09, 5:40 PM   #1115
fontaine:3
Glass Joe
 
Undead Warrior
 
Exodar
I've found a quick and easy way to make some gold depending on your server.

Since people are not doing as many TBC instances, there is a shortage of Large Prismatic Shards.

On my server, for some reason, Void Crystals are going for 6-8g a pop, while Large Prismatics are sharing the same value.

By using the Void Shatter, and turning 1 Void Crystal into 2 Large Prismatics, you are effectively doubling your initial investment, as you can resell each Large Prismatic for the price of 1 Void Crystal. And also, since the Large Prismatic market is relatively small, it is easy to dominate and control it with your cheap shards that you can sell for half of the price of everyone else, and still be making a profit.

It has made me a bit, and still is working out rather well. It's not a way to get rich quick, but is definitely providing me with some steady income.

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Old 05/12/09, 5:55 PM   #1116
Celandro
Don Flamenco
 
Night Elf Warrior
 
Cenarius
I doubt the drop rate of [Runed Orb] has changed signficantly. However, I do believe the price will drop rapidly over time as players begin turning in excess [Emblem of Conquest] in. At a 18->1 ratio, with just flame leviathan 10 hard + a full clear of uld25, you could currently make ~1800g a week. If you assume most guilds get stuck for awhile at Mimiron, thats still 15 tokens a week. That situation will not hold for very long. I suspect most players will buy 1 tier piece for 58 tokens and 1 other item for on average 28 tokens giving a total of 86 tokens. As a semi-hardcore guild leader, I already have 40 tokens and at +15 per week, I will be done in exactly 3 weeks and likely selling orbs 1 week after that. Assume most people in my situation dont make every raid or sit out, you are looking at a slowly droping over time price followed by a vast price drop in 6 weeks with prices in 4 months possibly going as low as 300g to make the end crafting products cost 2-3K each.

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Old 05/12/09, 9:17 PM   #1117
Manes
Glass Joe
 
Night Elf Priest
 
Frostmourne
Is it possible to retrieve price information from a specific list of items (eg. high end enchanting mats, eternals)? I've been playing around with auctioneer but can't seem to find any feature that would do what I'm after (if there is, a point in the direction of a guide would be greatly appreciated).

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Old 05/12/09, 9:25 PM   #1118
Starfire
Honorary Toastr
 
Night Elf Priest
 
Dragonblight
Originally Posted by Celandro View Post
I doubt the drop rate of [Runed Orb] has changed signficantly. However, I do believe the price will drop rapidly over time as players begin turning in excess [Emblem of Conquest] in. At a 18->1 ratio, with just flame leviathan 10 hard + a full clear of uld25, you could currently make ~1800g a week. If you assume most guilds get stuck for awhile at Mimiron, thats still 15 tokens a week. That situation will not hold for very long. I suspect most players will buy 1 tier piece for 58 tokens and 1 other item for on average 28 tokens giving a total of 86 tokens. As a semi-hardcore guild leader, I already have 40 tokens and at +15 per week, I will be done in exactly 3 weeks and likely selling orbs 1 week after that. Assume most people in my situation dont make every raid or sit out, you are looking at a slowly droping over time price followed by a vast price drop in 6 weeks with prices in 4 months possibly going as low as 300g to make the end crafting products cost 2-3K each.
The drop rate goes up as more and more guilds do hard-or-middle modes of bosses. Essentially the bonus to most bosses in their slightly harder form (e.g. Flame Leviathan with 1 tower) is an extra orb.

And of course the drop rate will also go up as more and more people begin to pug the easier bosses.

Originally Posted by arison View Post
Everyone should start from the same place and rise based on their abilities, desires, and schedule. No one plays MMOs to *be* powerful, they play MMOs to *become* powerful. It's the journey, stupid. The rarer loot is, the more cherished it is when you get it, but only so long as there is a reasonable expectation to get it. The rarer loot is, the better it feels when you kill a boss or when $AWESOME_TRINKET drops.

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Old 05/13/09, 6:22 AM   #1119
sarf
Great Tiger
 
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Fars
Human Paladin
 
No WoW Account (EU)
Originally Posted by Manes View Post
Is it possible to retrieve price information from a specific list of items (eg. high end enchanting mats, eternals)? I've been playing around with auctioneer but can't seem to find any feature that would do what I'm after (if there is, a point in the direction of a guide would be greatly appreciated).
You can use the Auctioneer API to retrieve the data of currently available auctions very easily - one way to do that is to see how the simple statistics pricing module work and cut and paste code. You can only do requests on single items, but if you want to aggregate the information, feel free.

Do note, however, that you need to scan the AH to get useful data AND you need to disable the filtering parts to get the "real" data. That last thing tripped me up a bit.

The Auctioneer forums are useful, but please do some trying on your own before posting there.

Originally Posted by Wraithlin View Post
Do your hospitals have unusually narrow doorways?
If not how do "lifestyle choices" explain the waiting time statistics?

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Old 05/13/09, 6:56 AM   #1120
Judicator01
Glass Joe
 
Orc Death Knight
 
Rivendare
What's the best time to buy/sell Frost Lotus? If people make & consume flasks mostly Tues/Sat, then buy around thursday? If you can is it best to simultaneously manipulate flasks?

Is there any way at all to get the beancounter data (from auctioneer) into some format that is easy to paste into a text file? I believe wow doesn't allow direct exporting, but it does allow macros and scripts to type. So it seems this could be done by having the mod mail beancounter data to yourself or something like that.

Have people had any luck manipulating runed orbs? What do you find are the price trends? Best to buy on Tuesdays?

Also how profitable do you think the runed orb-based items are/will be? I believe they are all BOE, but unfortunately this isn't the case for the recipes. Is it feasible to pay guilds to run you through Ulduar and pay for rolls on the items (you would wait as they did the rest of the instance, then run to the boss (wouldn't really matter if you died).

Last edited by Judicator01 : 05/13/09 at 7:02 AM.

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Old 05/13/09, 8:01 AM   #1121
Mystz0r
Von Kaiser
 
Human Priest
 
Kazzak (EU)
I agree that the [Runed Orb] market is doomed to crash and burn within the next few resets, and it's all about getting out in time (I can easily see orbs going down to Frozen Orb price levels in a few months). However, there are still some money to be made on those hardcore raiders that want to save their DKP and have 10000g to spare - I sold another 2 lot's of 6 yesterday and I'm definitely buying more tonight if I can. I'm out in a few weeks though, no doubt.

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Old 05/13/09, 8:18 AM   #1122
Jarlie
Glass Joe
 
Human Priest
 
Destromath (EU)
I´m following the [Runed Orb] market on my server, since i first read about it in this thread. And last week i read this on mmo-champion.com:
10-player bosses that drop Runed Orbs will also sometimes drop the recipes that use those orbs.
I´m not sure how this change will impact the [Runed Orb] market.

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Old 05/13/09, 8:26 AM   #1123
Schonning
Von Kaiser
 
Blood Elf Paladin
 
Talnivarr (EU)
It will impact the demand for sure, I can see two separate effects:

1) This will allow raiding guilds to obtain most recipes faster, even on low pop/low progression servers. This impacts the speed of demand reaching peek. (More people with recipes = higher accessibility)

2) This will allow some 10 man raiders or casual 25 man raiders who are currently not willing to buy crafts from other players who have obtained the pattern to craft it themselves


------

1) will impact the price of Runed orbs positively on a short term basis, 2) should increase the overall price of runed orbs as instead of casuals/10 mans selling those 1-2 orbs they get each week they will be saving them up and maybe even buying 1-2 to craft themselves

Both of them should increase the value of arctic fur, titansteel bars etc

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Old 05/13/09, 8:26 AM   #1124
suicuique
King Hippo
 
Night Elf Warrior
 
Antonidas (EU)
Originally Posted by Mystz0r View Post
I can easily see orbs going down to Frozen Orb price levels in a few months
Very doubtful.
1) Runed orbs are required in larger quantities for the BoE pieces.
2) The crafting gear is definitely more "competitive" than the pieces (you needed frozen orbs for) ever were. This should keep the demand up.
3) The purchasing cost (badges <-> orbs) is higher and in limited quantity. (weekly lockout of Ulduar vs daily lockout of all the heroics).
4) Runed orbs do drop in raids, but so did frozen orbs in heroics. I'd guess the amount of the latter to be significantly higher.

Prices will drop. No doubt. But certainly not to frozen orbs level.
The late price point of BoE bracers (purchasable for 60 valor badges) should be more indicative of the "real value" of runed orbs. Keep in mind though that the bracers did not require additional mats, which should be offset by the fact that 3 weeks of raiding were usually enough to collect the required badges whereas 98 conquest badges should definitely require more.

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Old 05/13/09, 8:59 AM   #1125
Mugsley
Piston Honda
 
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Dwarf Hunter
 
Dark Iron
I really have to believe that the Frost Lotus drop rate was somehow changed. The price has stayed at its new value, but the supply has also *definitely* gone down -- no more than 2 pages of lotus at any given time (I didn't see any weekend surge in supply yet).

I may have to break down and pay the new price for lotus, but I need to do the math on new cost for flasks.



I'm still holding onto my meager supply of arctic fur, titansteel bars (<20 of each) and icy dragonscale (~200) in anticipation of 3.1.2 finally pushing the crafting recipes to market. Does anyone think it's worth picking up any more of any of these at current prices?

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