Was curious of this community and how much gold is floating around. I have some thoughts about the Paragon system and the affects it may have on this economy (not terribly positive) just from the GF standpoint.
Vote based on what your average balance is. Granted there can be some pretty big swings when you purchase an item, but consider how often you are buying to upgrade vs how much time you spend on the AH.
EDIT: I wanted to update the poll since I know that HC and SC gold differs in value. So when voting consider its SC equivalent.
I suspect I have the same theory as you on this. I'm firmly in the "have nots" group.
Haha, yes I'll admit that I am at a point where the AH is becoming less and less an option. But before I completely fly off the handle with why blizzard needs to do something about the economy I wanted to see what the "weather" is like out there.
The most I have ever sold an item for is 15 mil. I have found a total of 4 legendaries pre patch, and gave the only one worth anything (about 2 mil) to a friend. Probably have a total of 20 mil in gear (MF set and Progression set), with my two most expensive pieces being my helm (5 mil visage of guyia and 2 mil Manajuma blade).
Since patch I have been maintaining at 2 mil for pots and repairs, with no finds of any significance.
My highest sell so far was a 800k helm that was a rare and really not worth that. Outside of that one sell, a fair number of 50k and a bunch of ~10k. Not wearing anything self found on 4 toons > lvl 50. My loot luck is...atrocious.
never sold anything above 10k. damn loot lotery hates me. under 1 million currently
OMG not really intending to be rude or anything man, but seriously 10k:?
You need to learn to play the AH is all.
Patch day i was broke, had like 400 k.
One week later, PLVL19, close to 50 mil.
Granted i Sold a firewalkers for 20, a lacunis prowlers for 2.5 and a Oculus Ring for 15. (15% tax no deducted)
Rest of the gold is from picking up everything sellable (except whites) and shoving them down that damn Loris (or whatever his name is) throat.
Seriously i think id gotten more gold from selling stuff you could vendor unid items... I hate having to spend nigh 2 minutes to id an inventory full.
Before all the "RNG is RNG" talk takes place, I think it's worth mentioning that at least in my experience, total funds are actually pretty close to 50/50 for big ticket items versus common, regular sales flow (rough estimate using total purchases in the past month versus total value of big items); yes this is entirely anecdotal, and I intend it to be taken as such.
With that said, if you look at a lot of the AH flipping threads or blogs out there, you can see most transactions are smaller profits that add up when you do a lot of them. I believe a lot of the problem is a lack of understanding for true valuation of items and their respective stats and stat combinations. Players are either destroying/vendoring items that are worth a significant amount (we'll say 100,000g minimum, since that's about the lowest I sell anything for anymore), or selling them for far under their real market value (lack of knowledge, lack of patience, etc).
Personally I've sold two items for more than 40 million each (a weapon for 44, an amulet for ~60). That covers most of the gear I've purchased between two characters. My "spare" cash comes from those other items I'm talking about; the 100k-5m items. Most items are in the 700k-2m range. To some that seems like a lot, but remember there are a lot of people out there with a lot of cash to burn. One or two quick sales like that and you can pick up some sweet gear to keep farming and keep making sales.
I think in the end the problem with people who are struggling is simply a matter of education on the market. Go look in the AH and see what stats are on the top end items. Look at which stat pairings and combinations sell well. Check on them a few times a week to see what trends are happening. And have patience. Stop trying to sell everything for gold RIGHT NOW. This is especially true in the current economy, where prices are changing daily due to the patch changes. Things are coming down in price (primarily in the middle range of gear - the stuff that will get you clearing Act 3), so look for deals, don't be afraid to bid and come back to it in 20+ hours.
Seriously, I'm playing less than 10 hours a week right now - it's not impossible to do.
27.5 M right now. Recently sold an amulet for 18M so that helped bump me up currently. If you ask tomorrow, I might be down to 5M though I constantly seem to be moving between 5 and 15M.
I'm usually floating around 1-2 mil had 7-8 mil once though.... never seem to find anything that sells for a lot of gold, most of what i earn is from vendoring items lol.
i think its useless to stack gold to XXX millions unless you're saving money for one special item, because the paragon gold find will increase the amount of gold by factor 2-3, what means it's loosing it's worth daily
I considered that. But in the end what it will do is make mid lvl gear reduce in price and top lvl gear just inflate even more.
While it's nice to say people are vendoring stuff that can sell and I am sure that some are...I do check stuff against the AH. I am constantly running into a full stash and three mules and losing NV stacks to try to go the AH and clear up some slots. When I search the AH for the stats on the best gear I find, I am almost always able to find several pages of the same range of item for 10-50k. If it has all res, magic find, gold find, movement speed, crit chance/dmg, attack speed, arcane power on crit or high main stat/vit I save it and check the AH when I can.
The helm I sold for 800k just happened to be one where there were only 3 comparable items and the lowest was 1.2 million. I cut that by a bit because the other was slightly better and sold it in 3 hours. I do try to sell all the best items I find. I do check AH values. I ignore the obviously overpriced and underpriced ones. I still don't find anything of enough value to compare to the inflation in the AH. The best items I find are only worth 10-50k according to the AH, not just my opinion or what I would pay for them.
Some of us, and I will make a guess that this includes a large portion of those who don't visit forums as well, just don't see the same drops or drop qualities that we hear reported on this site. Whether that's because we can't farm Act 3 or can't farm 1/2 as fast or don't have as much mf or whatever it is, it doesn't change the fact that some of us don't game in the same world.
I think a lot of it is just like with a real economy. You have to have money to make money in most cases. If you have gear, it makes getting gear to wear or sell, MUCH easier. If you have gold it makes getting gold/gear MUCH easier. This game is still in it's relative infancy. If you are already that guy farming Act 3 easy or speed clearing 1/2 with mf cap, you may have lost sight of or never saw the way the majority are playing this game.
Also, what I referenced in my first post in this thread was in relation to paragon levels. Right now, I believe the game is creating an unfair caste system of haves and have nots. Those with gold/gear are able to increase their relative wealth rather easily and those without, fall further and further behind. Due to the way paragon is increasing the power of the top faster than those at the bottom, it is widening that gap even further. Those who are already doing well farm faster for more gear, more gold and more pLvls. As their pLvls increase faster, they find gear and gold even easier and their relative wealth continues to pull away from the bottom even more.
This would be fine if that really didn't affect me, but it does. While it's nowhere near the affect of botters, it causes inflation that makes it even harder for anyone to "catch up" in relative wealth. There are also tons of smaller affects. For one example, as they get more and more relative wealth, the drops they find that I could use as a budget upgrade seem more and more worthless to them and either don't get picked up or don't get posted in the AH. There are more but it doesn't matter to to the "haves". In fact, I expect this post to get flamed to some degree or another. So many gamers feel that this type of system is "working as intended" because they want some form of exclusivity whether they truly earned it or not.
Was thinking about keeping my gold tied up in gems (max level gems) - they will always be worth somthing I would think
I think pretty much everyone who is not a botter sits in the 1-20 mil range, the only exception is if you are currently saving up for a big big ticket item, like 150-200mil weapon
I was at negative 10M on Sunday after borrowing from a friend to buy something (for 40M). I'm back up to 14M today (and that's after spending another 30-40M on MF gear on monday). I don't like to keep a lot of money on hand with current state of inflation, lol. However, I may save my money now for when I reach 13 more paragon levels to buy a killer weapon (once I can stay at max MF without my Sunkeeper).
My best advice to people that are complaining about having no money in this thread... get some better MF. It takes me about an hour to run most of Act 3 (cydea/azmo run w/ a few extra areas) and I'll typically get 1 legendary and 1-2 rares worth selling (500k-10M worth typically). Of course if you only play 1-2 hours a week or something like that... then yeah you won't find drops to make money. This is at 399 MF (thanks follower) full time. MF is worth it, trust me... and the gear is less expensive than you probably think.
I was at negative 10M on Sunday after borrowing from a friend to buy something (for 40M). I'm back up to 14M today (and that's after spending another 30-40M on MF gear on monday). I don't like to keep a lot of money on hand with current state of inflation, lol. However, I may save my money now for when I reach 13 more paragon levels to buy a killer weapon (once I can stay at max MF without my Sunkeeper).
My best advice to people that are complaining about having no money in this thread... get some better MF. It takes me about an hour to run most of Act 3 (cydea/azmo run w/ a few extra areas) and I'll typically get 1 legendary and 1-2 rares worth selling (500k-10M worth typically). Of course if you only play 1-2 hours a week or something like that... then yeah you won't find drops to make money. This is at 399 MF (thanks follower) full time. MF is worth it, trust me... and the gear is less expensive than you probably think.
You are talking about running Act 3. If I can't run act 3 now, then my gear would have to get both better AND mf. Believe me, that doesn't cost less than I think.
I was at negative 10M on Sunday after borrowing from a friend to buy something (for 40M). I'm back up to 14M today (and that's after spending another 30-40M on MF gear on monday). I don't like to keep a lot of money on hand with current state of inflation, lol. However, I may save my money now for when I reach 13 more paragon levels to buy a killer weapon (once I can stay at max MF without my Sunkeeper).
My best advice to people that are complaining about having no money in this thread... get some better MF. It takes me about an hour to run most of Act 3 (cydea/azmo run w/ a few extra areas) and I'll typically get 1 legendary and 1-2 rares worth selling (500k-10M worth typically). Of course if you only play 1-2 hours a week or something like that... then yeah you won't find drops to make money. This is at 399 MF (thanks follower) full time. MF is worth it, trust me... and the gear is less expensive than you probably think.
You are talking about running Act 3. If I can't run act 3 now, then my gear would have to get both better AND mf. Believe me, that doesn't cost less than I think.
It's easy enough to earn a million every few days in Act 1. Most of my MF items I'm currently wearing only cost about 1-2M each. The exceptions are one of the rings, the ammy, and my weapon. I was surprised at how cheap most normal MF gear was.
Slowly build up your MF while farming Act 1 and eventually you'll be able to move up to Act 2 and Act 3.
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Vote based on what your average balance is. Granted there can be some pretty big swings when you purchase an item, but consider how often you are buying to upgrade vs how much time you spend on the AH.
EDIT: I wanted to update the poll since I know that HC and SC gold differs in value. So when voting consider its SC equivalent.
Haha, yes I'll admit that I am at a point where the AH is becoming less and less an option. But before I completely fly off the handle with why blizzard needs to do something about the economy I wanted to see what the "weather" is like out there.
Since patch I have been maintaining at 2 mil for pots and repairs, with no finds of any significance.
OMG not really intending to be rude or anything man, but seriously 10k:?
You need to learn to play the AH is all.
Patch day i was broke, had like 400 k.
One week later, PLVL19, close to 50 mil.
Granted i Sold a firewalkers for 20, a lacunis prowlers for 2.5 and a Oculus Ring for 15. (15% tax no deducted)
Rest of the gold is from picking up everything sellable (except whites) and shoving them down that damn Loris (or whatever his name is) throat.
Seriously i think id gotten more gold from selling stuff you could vendor unid items... I hate having to spend nigh 2 minutes to id an inventory full.
With that said, if you look at a lot of the AH flipping threads or blogs out there, you can see most transactions are smaller profits that add up when you do a lot of them. I believe a lot of the problem is a lack of understanding for true valuation of items and their respective stats and stat combinations. Players are either destroying/vendoring items that are worth a significant amount (we'll say 100,000g minimum, since that's about the lowest I sell anything for anymore), or selling them for far under their real market value (lack of knowledge, lack of patience, etc).
Personally I've sold two items for more than 40 million each (a weapon for 44, an amulet for ~60). That covers most of the gear I've purchased between two characters. My "spare" cash comes from those other items I'm talking about; the 100k-5m items. Most items are in the 700k-2m range. To some that seems like a lot, but remember there are a lot of people out there with a lot of cash to burn. One or two quick sales like that and you can pick up some sweet gear to keep farming and keep making sales.
I think in the end the problem with people who are struggling is simply a matter of education on the market. Go look in the AH and see what stats are on the top end items. Look at which stat pairings and combinations sell well. Check on them a few times a week to see what trends are happening. And have patience. Stop trying to sell everything for gold RIGHT NOW. This is especially true in the current economy, where prices are changing daily due to the patch changes. Things are coming down in price (primarily in the middle range of gear - the stuff that will get you clearing Act 3), so look for deals, don't be afraid to bid and come back to it in 20+ hours.
Seriously, I'm playing less than 10 hours a week right now - it's not impossible to do.
I considered that. But in the end what it will do is make mid lvl gear reduce in price and top lvl gear just inflate even more.
The helm I sold for 800k just happened to be one where there were only 3 comparable items and the lowest was 1.2 million. I cut that by a bit because the other was slightly better and sold it in 3 hours. I do try to sell all the best items I find. I do check AH values. I ignore the obviously overpriced and underpriced ones. I still don't find anything of enough value to compare to the inflation in the AH. The best items I find are only worth 10-50k according to the AH, not just my opinion or what I would pay for them.
Some of us, and I will make a guess that this includes a large portion of those who don't visit forums as well, just don't see the same drops or drop qualities that we hear reported on this site. Whether that's because we can't farm Act 3 or can't farm 1/2 as fast or don't have as much mf or whatever it is, it doesn't change the fact that some of us don't game in the same world.
I think a lot of it is just like with a real economy. You have to have money to make money in most cases. If you have gear, it makes getting gear to wear or sell, MUCH easier. If you have gold it makes getting gold/gear MUCH easier. This game is still in it's relative infancy. If you are already that guy farming Act 3 easy or speed clearing 1/2 with mf cap, you may have lost sight of or never saw the way the majority are playing this game.
Also, what I referenced in my first post in this thread was in relation to paragon levels. Right now, I believe the game is creating an unfair caste system of haves and have nots. Those with gold/gear are able to increase their relative wealth rather easily and those without, fall further and further behind. Due to the way paragon is increasing the power of the top faster than those at the bottom, it is widening that gap even further. Those who are already doing well farm faster for more gear, more gold and more pLvls. As their pLvls increase faster, they find gear and gold even easier and their relative wealth continues to pull away from the bottom even more.
This would be fine if that really didn't affect me, but it does. While it's nowhere near the affect of botters, it causes inflation that makes it even harder for anyone to "catch up" in relative wealth. There are also tons of smaller affects. For one example, as they get more and more relative wealth, the drops they find that I could use as a budget upgrade seem more and more worthless to them and either don't get picked up or don't get posted in the AH. There are more but it doesn't matter to to the "haves". In fact, I expect this post to get flamed to some degree or another. So many gamers feel that this type of system is "working as intended" because they want some form of exclusivity whether they truly earned it or not.
I think pretty much everyone who is not a botter sits in the 1-20 mil range, the only exception is if you are currently saving up for a big big ticket item, like 150-200mil weapon
My best advice to people that are complaining about having no money in this thread... get some better MF. It takes me about an hour to run most of Act 3 (cydea/azmo run w/ a few extra areas) and I'll typically get 1 legendary and 1-2 rares worth selling (500k-10M worth typically). Of course if you only play 1-2 hours a week or something like that... then yeah you won't find drops to make money. This is at 399 MF (thanks follower) full time. MF is worth it, trust me... and the gear is less expensive than you probably think.
You do realize it's capped at 300+ 75 NV, right? Follower is included in the 300 number.
Can a Blue settle this Max MF dispute!?
No need to be snarky. All that post says is that it's not intended that MF is exceeding the Cap due to followers. It's a bug.
Here's what happens in game.
If you equip gear past the 300 MF limit, the tooltip does not update. That is because the tooltip is your actual magic find.
Once you add your follower, the tooltip goes above the 300 MF cap.
Shrines are working as expected, they do not increase your MF if you're at the cap.
It's a bug in the current patch.
Thanks for the info.
It's easy enough to earn a million every few days in Act 1. Most of my MF items I'm currently wearing only cost about 1-2M each. The exceptions are one of the rings, the ammy, and my weapon. I was surprised at how cheap most normal MF gear was.
Slowly build up your MF while farming Act 1 and eventually you'll be able to move up to Act 2 and Act 3.