How much gold in your coffers? (use SC market)

Poll: How Much Gold Are You Sitting On Right Now?

Gold Savings

How Much Gold Are You Sitting On Right Now? - Single Choice

  • >100,000,000 4.2%
  • 50M-100M 12.7%
  • 20M-50M 15.1%
  • 5-20M 27.4%
  • 1M - 5M 31.6%
  • <1,000,000 9%
  • #21
    I try to hold onto 15-20mil incase I see something I just have to have in the AH. Though, sometimes I just loose control and end up down to 2-3
  • #22
    Quote from Ruppgu

    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 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!?
  • #23
    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.
  • #24
    Been around 10 mil for a while, never much over, until a few days ago I found a very nice 1 hander that sold for 33 mil. So firmly in the 20-50 mil range as of now.
  • #25
    Quote from MyNameIsNate

    Quote from Ruppgu

    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 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.
  • #26
    Not snarky sir, just trying to help in case you didn't know!

    Thanks for the info.
  • #27
    Quote from sifuedition

    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.
  • #28
    1 to 2 million each when I have only looted 7 million and only have been able to sell one drop for more than 50k? Yeah, that's out of my reach at 1 million x 13 slots unless I get a lucky drop at some point or my average drop quality gets a lot better.
  • #29
    nevermind deleted
  • #30
    Quote from Ruppgu

    Quote from sifuedition

    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.


    Just keep in mind that time is always a factor and that Random loot is random.

    Every once in a while farming close to maxed MF I would find something worth anything in Act 1. Found MF dex shoulders with a great role, sold for 18mil. Next highest was a good ring for 3 mil. A couple of items for 1 mil, the rest below 500k, most selling in the 10k range.

    Have been farming Act 3 in quasi MF since patch with no item worth over 100k found except a really good sword upgrade. Now my friend, with no MF logs in once post patch, and finds a pair of legendary pants worth 80mil.

    Until MF actually has some effect on the quality of items being dropped (beyond afix/prefix slots) there are going to be those that are just unlucky and can only slowly build up any sort of cash reserve, while others will win the lottery.
  • #31
    Incoming textbook!

    Quote from Turtel

    Quote from Zakaz

    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.

    This is how it is.Zakaz is correct in pretty much everything he's saying. I actaully talked about the exact same thing many times to people personally and on these forums as well because its so obvious to me and it bothers me. 1 thing i'd like to add to selling under price and vendoring sellable items is that people often try to sell items at too high price, which pre-patch resulted in taking up 1 AH slot for 36hours (and many ppl still dont cancel/repost). Good cash flow comes from selling many items at a price that ppl will pay instantly. Basically make deals for ppl, but sell a huge amount of items cause your AH slots keep freeing up. Most ppl are simply greedy (without even knowing it) and their items won't sell.


    Attempting to price things to sell quickly is certainly one strategy that will work well assuming you have the right conditions to make it work; namely, having enough of a supply of items to constantly keep the AH full. If you're always bottoming out and have nothing running for large periods of time, you're losing potential earnings in some of those items that are probably worth more than you sold them for. Again, this is a matter of personal preference, and how much time you're willing to invest watching the market and your sales, but when done correctly, you can see a marked increase in returns.


    Quote from Eme2610

    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


    A few things here:

    -Stacking gold is useful as you said for picking up high-end items. This is obvious and doesn't need much explaining. An issue arises, however, when you're in the market for multiple high-end items. You want to keep more funds than a single item will take, since you may run into multiple deals at once (within a 48 hour period, say, since when bidding you lose access to funds). Currently I'm in the market for a better weapon (in the 40-70mil range), and also a better pair of gloves (also in the 25-50mil range). As I only have funds for one, barring some sick deals, and haven't found anything to purchase, I'm currently building up more funds.

    -Gold value is something pretty complex right now, for a few reasons. First, items are more readily available thanks to Paragon and the various buffs/nerfs allowing people into higher content. This has immediately caused prices to drop (not necessarily plummet, but they're coming down in pretty obvious fashion); this means your gold is more valuable than it was previously. On the other hand, gold is becoming more readily available as well, which will eventually stem that drop in pricing, and the market will self-correct to a middle point - and it will be much more stable than it was previously. Also factored in is the fact that Paragon 100 is a long, long way off for most people. We're talking months, if not over a year for large portions of the player base. Consider getting level 60 Paragon is only 25% of the total progress to 100; Level 91-100 is over 30% alone. Gold may be 'losing' value daily, but it's a completely miniscule, irrelevant number that it won't matter for weeks or months.


    Quote from sifuedition

    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.

    There's no doubt a bit of initial luck is involved in that first big find to fund your future investments. Mine was a 44mil sword, and it snowballed into farming Act 3 pretty quickly. I would probably be there now even without that, but it definitely would have been a slower progression rate.

    With that said, I still believe people undervalue stats, as well as overvalue stats, and specific combinations that are hot on the market. I'm certain I've done it in the past, and will do so again (for example, I probably lost several million in potential gold on the gold find gear craze - never really cared about the stat, and so I didn't look into what was going on with it). The real problem is when it's done on a regular basis, and with something that might appear to be worth 20k on initial look, but is really worth 200k. Vendor that kind of stuff enough times and you've lose several million in less than a week. It adds up quickly.

    I will say if you've got multiple mules of stuff that's not selling, it's because of this issue. I'm not trying to give you a bad time here, just pointing out my experience has been the same. Whenever I get a full mule of stuff, I go back and do a quick evaluation of value based on a quick scan through the AH (even easier than ever with 6 searchable affixes). Most of it ends up getting blown up, and even more of the stuff that doesn't ends up at just over 100k sales. Again, it all adds up; if items are piling up, though, it's probably a sign you've got the wrong stuff for the current market.

    As an aside, searching is a big issue here too. A lot of people will put in really close to their values on items (like within 5), and while that can sometimes work to your advantage, especially on the top-end gear, most of the time it can greatly hinder proper valuation of items. If something has 125 of a stat, don't search 120, search 110 or even 100. If the field is too big at that point, then narrow it down by moving closer to your number. Even then you should glance at that big field and see what high and low buyouts look like to give you a ballpark estimate on where your range is (generally the bottom buyout is a much better indicator of actual value than the upper end).

    I say all of this because I was having a pretty rough time in the AH initially as well. I didn't particularly enjoy sifting through a bunch of shit using only 3 properties, and I didn't enjoy trying to guess what the price was. However, with more refined searches, better knowledge of the market, and the ability to narrow items down to pretty much every affix, this job has gotten much less annoying. Yes, I would still rather be in game, but knowing I'm making profit to further that end makes it much less frustrating to spend a little time researching my sales.
  • #32
    At about 12m atm

    got 5 or 6 nice items to sell. before patch, I'd be looking for 20 - 30m each, they have gone down in value a bit now, so probs hold onto them a little longer untill the market settles and I can get a true idea of their value.

    Sold a blackthornes chest on patch day to get the 12m.
  • #33
    11 million, most of it from a single sale (high dps + crit dmg + socket bow I unloaded for 7.5 million).

    I've hardly spent any. I probably should. Bit embarrassing to have an eight-figure bank balance and an ilvl 58 helmet. :)
  • #34
    Quote from Zakaz

    Attempting to price things to sell quickly is certainly one strategy that will work well assuming you have the right conditions to make it work; namely, having enough of a supply of items to constantly keep the AH full. If you're always bottoming out and have nothing running for large periods of time, you're losing potential earnings in some of those items that are probably worth more than you sold them for. Again, this is a matter of personal preference, and how much time you're willing to invest watching the market and your sales, but when done correctly, you can see a marked increase in returns.


    I agree you can 'lose' some gold this way if you don't keep your slots full. The way i do it is to keep 1-3 slots for the good items that i am certain will sell for a nice amount, even if it means letting them sit on the AH for a few hours and if i have nothing to sell that i farmed myself i simply look for underpriced items that i can resell (cause honestly - if i wont do it, someone else will). These are exactly the items ppl who are unaware of their price are putting there.
    AH is basically a huge junkyard and ppl have to dig through it to find somehting useful. There are hundreds of thousand ppl on AH at any given time and most ppl are looking for deals and that's why i base my strategy on undercutting and selling many. This doesnt include super high-end items obviously, because those don't have so much competition and will sell for unheard of amounts.
    I'll agree though, that ppl who won't or cant invest more than few mins in AH will be better of selling for a max possible profit, however all i see on AH is overprice overprice overprice and that's what i tried pointing out :) (except the really underpriced items, but we mentioned that and they usually get bought out in under a minute).

    They have to get the price right.
    I mean obviously some have to be more expensive than others cause ppl undercut each other constantly, but i keep seeing all these say 500k items being posted for 2mil (example) every day in huge amounts and that's what creates the junkyard, in combination with items that will never sell unless its bellow essense/brimestone price.
  • #35
    Probably best if the poll results weren't public.
  • #36
    been sitting on ~50mil last few days, ever since patch came i cant get 1 item that's worth more than 2mil

    today i id'd 50 items and most i'll get from that is ~2.2mil

    so basically just waiting on some nice legendary to drop because all the ones i got after patch were complete crap
  • #37
    Quote from Ruppgu

    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 ranged, dont forget that pls.
    when i look at your profile u only stacked your main stat +mf, thats it.
    melee-gear with mf is actually super expensive since u still need all resist etc.
  • #38
    Quote from Ruppgu

    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 agree with rupp.
    I run most of the time with 240% MF, When it is possible i switch to 380% or so.
    I dont really "farm" items as i used to anymore (doing short runs and all that). I take roughly 3 hours to pretty much kill everything that moves in A3 and break objects and open chests.
    I too get roughly 1 legendary average per run.


    The thing is, gear up to have at lest some 200% base MF on your gear. In a fashion that you can still kill stuff in A3 without trouble.
    That should probably cost about 10 mil or so for any character.
  • #39
    Quote from RenescoD3

    Quote from Ruppgu

    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 agree with rupp.
    I run most of the time with 240% MF, When it is possible i switch to 380% or so.
    I dont really "farm" items as i used to anymore (doing short runs and all that). I take roughly 3 hours to pretty much kill everything that moves in A3 and break objects and open chests.
    I too get roughly 1 legendary average per run.


    The thing is, gear up to have at lest some 200% base MF on your gear. In a fashion that you can still kill stuff in A3 without trouble.
    That should probably cost about 10 mil or so for any character, per item if you're a melee player.


    Added the bold at the end to make your statement a little more realistic. 200% base MF is pretty much impossible to achieve for 10 million and still farm Act 3 in a reasonable amount of time as melee. You're talking about taking the gear I'm wearing, which is worth somewhere in the neighborhood of 30-60 million depending on deals, and adding MF to nearly every piece. Yeah, it's not happening for 10 million.
  • #40
    I'm usually floating somewhere between 50-100 mil. Have 56 mil right now and about 150-200 mil in gear I'm not currently using because I'm waiting to drop MF pieces.

    Never paid real money for gold or items, made everything I have by farming every day after work for 2-4 hours and 10-20 hours a weekend, d3 has all but killed my social life lol. I think making gold is easy enough but most the players I know tend to sit on their gold or over price things trying to milk as much profit as possible, which leaves them in the slow lane. I tend to be the opposite, I go for broke and spend everything I make on the best possible upgrades I can, often leaving myself farming A1 for a few hours for some repair gold. But buying better singular upgrades works because when I'm done using something I can usually sell it back for what I paid or even make a small profit which means I rarely lose gold. I think I have 350-400 mil in gear/gold now, not "godly" but getting there. 

     
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