the only problem is half of these chinese buyers is using credit card fraud in one way or the other to pay you all, i hope the FBI wont come knocking on your doors, but i guess one wont know for sure untill its to late
these chinese are ripping you guys off....cheapest site I've found is selling gold for $3.00 per 1k.....like $30 for 10k gold right now....and they are making a major profit off you all wanting "fast money".
JESUS FUCKING CHRIST! 1100$ IN 3 DAYS? ARE YOU FUCKING KIDDING ME? Can you give me some advice man? Jesus fucking Christ, those 1100$ would help me so fucking much.
Well, he said he sold 1.2 million gold, which he has probably accumulated over a period of time, not just 3 days. But, he sold it all off within 3 days.
Absolutely correct. Had about 800k stocked up from cata, and made 400k in those 3 days. Im now making around 100k a day, which nets me around 95$. However, this is declining pretty fast because of the god damned Faire leaving. Herb prices has gone from 150g a stack to 45g a stack. So I guess I will be using around 2- 2 1/2 days now to get that. And not only that, but my gold buyer said the gold prices is starting to decline too. Sold 110k just now, and could "only" get .85 for it. Granted, I only lost like 8 bucks, but it still shows a decline in price which he confirmed. He expected prices to stay around .8-.9 for a few more days. Now, I don't know if thats because I've been selling him too much gold so his stock is to high, or if he simply can't sell at 3$ a k anymore. Hmm..Maybe I might just look for another buyer.
And whats would the alternative be? Face it, they run a monopoly. They way I've heard it, is that they buy our gold for 1$ - sell it to a goldseller for 2$ and then the gold seller sells it for 3$. The way I see it, we all make 1$ each, and Im fine with that. You will never find enough private buyers to buy hundreds of thousands a week. If you do, you should go buy a lotto ticket too. Besides, the longer we(you) wait with selling, the price is only gonna go lower because its all relative. If they no longer can sell gold for 3$, they will no longer buy it for 1$ either.
But that decline will be expected in every buyer? Or just your buyer? Because I'm excited in botting with more accounts and get more gold.
I have no clue buddy, fairly new in this market and havent experienced how fast prices drop after an expansion before. But my current logical guess would have to be its simply my buyer. I think I've sold him too much gold, his stock is too high and he can't get rid of it. I am playing on a server that was described as "New Players" pre mop.
Sunday night 0.5/k to a chinese buyer (first time selling) Price is 0.8/k on my server today. It seems prices go up during weekdays. can anyone confirm?
I dont have much clue about selling gold, but yea it swings like the real world. its a oconomic logical thing: We assume that there is only one gold buyer: He buys everyday and is stocking his gold. suddenly he runs hot in selling and sold ALL gold on Realm X. Price goes up on Realm X because he needs Gold. If there are more buyers(private) than producers(botter/gold farmer) = price goes up If there ar less buyers than producers(botter/gold farmer) = price went down