Hopfully more of this will happen.

Grats Blizz!

While I’ll probly be labeled as one of the bad people for selling gold, I’m not a gold farmer. I make my gold off the Auction house buying/selling items daily. So I know about the limits people want to pay for a certain item etc.

For example if I buy out the whole auction house of Adamantite Ore @ a price of say 25g/stack, and try to resell them at 40g/stack people would still buy them all, however even if control the whole market, and try to sell them at 100g/stack no ones going to buy it. Rather people will mine it them selves, and I’ll be undercut unless I buy out all competition.

If people want to study gold markets, and its effects on the WoW economy, they should study the US vs EU markets. Price for gold on EU servers are cheap since they don’t do accounts bans as often as they do in the US.

China is similar to Europe in which the market is fairly flooded in the market as well. I wrote a post not too long ago about a rare epic mount that was paid for in gold for the amount of 190,000 gold.

Wow, people’s grasp on Economical trending and the “Ripple Effect” is way off.

1) Ellisper suggested reducing repair costs. The Value of Gold is what makes people go to the auction house; reducing the value of gold does nothing to the farmers. Not buying their stuff, as SamureyeD states, is the best way to reduce the cost of materials; which in turn strengthens the value of the gold. The ripple effect of a strong gold piece is that people aren’t willing to pay 10g for a stack of Copper Ore. Gold farming (and selling) injects massive amounts of gold into an economy which weakens the value (and the amount of work it takes to earn it properly).

2) Increased drop rate does lower costs in the AH, but rarely does it drop the farming of the item. A Depleted Badge (Blue Item) has a drop rate of about 2% on a mob of 70+ (on the plateaus of the Blades Edge Mountian). An Bind on Equip (BoE) item that has that has a low drop rate has a higher cost on the AH because Low Supply and High demand equate to a high price. This is intentional as if it were easy to get (and thus not Uncommon), they would have made it a quest reward and everybody would have an equally easy chance to get it.

3) Liquidity in a virtual setting has no effect because there is no limit to the amount of gold availiable. Liquidity only effects closed market systems.

4)Open Market vs. Fair Price: Open Marketing dictates that there is no cap to the price of a good and it is only valued at the price somebody is willing to pay for it. Fair Pricing dictates that any good at a competative price will sell. The AH works exactly as it was designed to do. the AH is not broken, our perception of what it should be used for has.

There is no “Quick fix” to the economic catastrophe that capitalism brings. It requires certain “honest” people to ensure that the value of money remains strong (A weak valued coin has no useful economic value). A Strong valued coin will regulate inflationary pressures.

As for the annoying spam, the easy solution is to enforce the naming policies….but that will never happen. so we click and report (for all the good it does).

Legally, I hope this sets a precedence to combat the annoying adds I see.

Just my two cents. Love and peace!

Brian