8 replies to this topic

[yoman348]

Does anyone have any experience with selling gold on the RMAH?

Is it better to post one bulk auction for 50+ million, or is it better to sell them seperate for 1 million a piece?

[Jamoose]

I sold 500m gold for 0.25 euro cents a piece and it took like a day and a half to sell and get processed.

[KiriONE]

Sell while you can!  On US. Gold has been around $0.35 for the last day or so, after dropping from $0.47 the week before.  I estimate that vacation time around the holidays will lead to more gold being put on the market.  By Jan 1 we could see gold as low as $0.20.  Hurray hyperinflation!

If I were you I would cross check cost of desirable set items on the GAH and RMAH.   For instance if an Inna's Radiance (sorry I play monk) is going for $8.00 on RMAH, but on GAH is going for less than 20 million you can turn a considerable profit by undercutting the lowest posted item.  

Hurray hyperinflation and volatile price points!!!

[Gohei27]

pretty sure .25 cents is the floor, we'll never see .20 cents unless they lower it.

[KiriONE]

Gohei27, on 30 November 2012 - 01:34 AM, said:

pretty sure .25 cents is the floor, we'll never see .20 cents unless they lower it.

Totally forgot about that, you're correct.  I still think we will see it bottom out by end of 2012, the only thing that would slow this economy down is mass exodus of players, and players who are considerably active gold traders and deep pockets.

[Psychatog]

Selling now is really disappointing, I save up 5 billion and then cash out when prices are desirable. I may just start hoarding now and hope for PVP patch to burn through gold stocks. The reality is a lot of people buy from websites, which are offering close to .2 $ per million, which is less than you can actually post gold. Prices will hit the floor soon, and I would much rather cash out my 5 bil at like .55 $!

[KiriONE]

Psychatog, on 30 November 2012 - 01:42 AM, said:

Selling now is really disappointing, I save up 5 billion and then cash out when prices are desirable. I may just start hoarding now and hope for PVP patch to burn through gold stocks. The reality is a lot of people buy from websites, which are offering close to .2 $ per million, which is less than you can actually post gold. Prices will hit the floor soon, and I would much rather cash out my 5 bil at like .55 $!

Thank the Monster Power and Paragon systems for accelerating inflation.

[yoman348]

To follow up, I created 1 auction for 700 mil at whatever the going rate was and it sold after about 3 hours.

[DrKran]

It takes to looooooooong!!!