Background on current progression:
-just killed MP6 uber last night, farms MP5 ubers
-able to solo MP5 contents, with few deaths
-able to farm MP4 contents comfortably
gears that I want in mind:
-a higher EPH belt or shoulder
-a well rolled WKL, dilema here is that the price will drop further within 2 weeks, thus its uncleared if its a wise move
-rings with 6% crit + stats?
what are the general concensus here?
1. legendaries drop like candies and price will go down further after 2 weeks
2. ppl are selling whichever good drops they find, thus, driving the market price down, and the market is constantly adjusting itself to the anticipated market value
3. highly rolled rares/legs./sets price will go up in 2 weeks, since ppl are selling it at an under-valued price right now, but the long term demand for those will go up
Wait a week or two and things will be back down to normal. The new jewelry will be the new high prices while the 1.0.4 maxed out jewelry will be all under 10 mill.
the market will get flooded since the influx of new players is not happening.
then sadly the market will crash when no one can sell anything unless it's best in slot.
I thought the same thing you did that prices would inherently go down due to more drop rates, and better drops (all over il58 now). You would assume that a ton of better gear, people will undercut and prices will drop for good stuff.
However, I don't think this is going to happen. I actually think the opposite will occur (prices will go up):
1. Monster power giving gold find.
2. all drops are over il58 now so vendoring blues and yellows gives more gold than before
3. there may be a new plateau with rings and ammys with il63 stats, but that wouldn't drop il62 ones
Everyone will have more gold from normal play, so the market might stabilize at a higher baseline level than it already is. Prices will not go down because the amount of gold everyone is getting will increase. Something worth 5m gold before might be prices at 7-10 now just because you need more gold for it to reflect its "true value".
True value to me is how long it would take to obtain that much gold, it would take less work to get 5m gold now than it did in 1.04, now the same amount of time might yield 7-10m gold. It is like inflation, everyone is "printing" more gold, so prices have to go up to match the value of the items.
hm.. guess i ll wait, unless i can get a steal price
what do u think of pickup raidus? is it as needed as 1.04? because in 1.04, it was under the assumption that elites die real fast and u can run with low loh because u get globes constantly, but it might not be the case in for instance, mp5
Certain things are dropping, but I wouldn't see huge cuts, the market will eventually level off and settle as it always does. As was stated, items are selling for more gold, more gold is dropping so you're actually seeing a huge drop in the value of gold whereas prices are going up in that respect, just look at the gold price on the RMAH its fluctuating but ultimately going down.
I thought the same thing you did that prices would inherently go down due to more drop rates, and better drops (all over il58 now). You would assume that a ton of better gear, people will undercut and prices will drop for good stuff.
However, I don't think this is going to happen. I actually think the opposite will occur (prices will go up):
1. Monster power giving gold find.
2. all drops are over il58 now so vendoring blues and yellows gives more gold than before
3. there may be a new plateau with rings and ammys with il63 stats, but that wouldn't drop il62 ones
Everyone will have more gold from normal play, so the market might stabilize at a higher baseline level than it already is. Prices will not go down because the amount of gold everyone is getting will increase. Something worth 5m gold before might be prices at 7-10 now just because you need more gold for it to reflect its "true value".
True value to me is how long it would take to obtain that much gold, it would take less work to get 5m gold now than it did in 1.04, now the same amount of time might yield 7-10m gold. It is like inflation, everyone is "printing" more gold, so prices have to go up to match the value of the items.
so u r thinking of, ppl will anticipated that items will drop in value, they will try to sell their stuffs, but then inflation happens later on, and the market will go back up after a while? hmm interesting, that's what happened back then in 1.03
hm.. guess i ll wait, unless i can get a steal price
what do u think of pickup raidus? is it as needed as 1.04? because in 1.04, it was under the assumption that elites die real fast and u can run with low loh because u get globes constantly, but it might not be the case in for instance, mp5
I really wouldn't wait, I would make your purchases ASAP before people realize it takes less work to get gold and its value depreciates (prices go up). My gold per hour has gone up from 300k to around 500k (running low MP as quickly as possible)
I plan on making my purchases (new 1h, my echoing fury with the fear affix has gotten far too annoying and I cant handle chasing mobs through AOE anymore) as soon as I get home today.
Unless you're a gold farmer or play 10 hours a day.. you're not getting much gold from playing the game. I get maybe 500k for a full act3 clear.. and yes I do everything in act3 from the fort area down to asmodan.
I could do this over and over but then the game would get boring and I'd have to stop playing. It's much easier to find a big item drop and sell that for millions of gold.
Gold has been plummeting in value for quite some time.
And come on, people think about it, this game was never designed for players to run around with billionaire banks.
In my opinion it is going to be a real good thing that more and more items are "flooding" the market. Eventually it will get to a point where just your regular gold income will be what you require to pay for an item you need.
And blizzard is smart, she know this will make a great divide beetwen the AH and the RMAH, what will eventually happen is that everything good and lower will be found in gold AH. And never for nearly as crazy a price as currently 1-2 billion bid only items...
And the real deal, perfect or neaar perfect rolls and BIS items will be found in the ah, for as high a price as people will be willing to pay (my guess is $250,00).
And lets face it, the way legendaries are dropping now every single player out there really has a chance to get items he needs, or even items a friend needs and he can just trade them for whatever said person finds that he can use.
I deffinately approve the change the economy is gonna go through.
My personal advice is BURN ALL YOUR CASH!!! and keep just some gold to feel confortable with (maybe 20 mil). Spend all you have in making your character MP6 or MP7 worthy asap and you will be in the vanguard having more and better items available sooner then the rest of the players.
It seem like the Blizzard is giving out gold and legendries like its Christmas.
I base what I’m willing to pay for gear based on how much gear I’m selling. I’m not going to invest 20 mil in a piece of gear unless I think it’s going to help me farm 20 mil more.
So I see the biggest issue currently as market volume. Total items sold seams significantly lower then months past.
The gold per hour is higher with this patch, but I think the drop rates per hour where increased enough to curb inflation. I expect prices to drop.
The bottom line is that the AH is a volatile market; many try to predict it (some with varying degrees of success), but it is always changing. My advice to the OP is this: if you see a "fair price" on an item you want and you can afford it, go for it so that you can go back to playing the game. Trying to get the best deal out of the AH is fine, but at a certain point in your time/effort doing so, you're moving away from actually playing the game, which to me is the whole point. Now, if playing the market is more fun for you than playing the game (and it is for some people, and that's cool; to each his own, I say), then we're talking about a different issue from jump street.
EDIT: for spelling.
Rollback Post to RevisionRollBack
i would choose my own religion and worship my own spirit, but if he ever preached to me i wouldn't want to hear it. i'd drop him, a forgotten god, languishing in shame; and then if i hit stormy seas, i'd have myself to blame.
Could you imagine what would happen if people posted items with low entry bids and let the market really decide how much things were worth?
Or if Blizzard allowed players to see the last 10 sales of items matching their search criteria so they could better establish what the items value was?
Right now I cruise the AH and get annoyed with mediocre or merely good legendary items with min bids & buyouts set equally at 100M or more and they often have only a few minutes or hours left. If something didn't sell after being posted for 36 hours, that means the item did not have a market at that price. That is to say, the people who had 100M to spend already had similar or better or items and the people for whom that 100M item represented a desirable upgrade didn't have 100M to spend.
Right now there just doesn't seem any good way for buyers or sellers to determine what the market is currently willing to bear for their items.
the market is fun to play with, and its more efficient to play the market than the game, so u can get upgrades to beat the game, that is for pre 1.05 (most likely not the case after patch 1.05 because there's more chance to drop an item that u can sell for, say, 100m), this might not be the case after 1.05 though, I already found an item that sold for 150m on AH, so i have budget upgrade my character
according to technical analysis, the price of the market depends on the confidence level of the investors, for instance how many ppl try to enter the market (buy items) versus how many ppl leave the market (sell items), if more ppl believe that the items are gonna drop in value, the price will go down, seems like that's the case, ppl believe in this way because legionaries are way more common than 1.04
after a while, when legionaries are so common, many believe that the market will crash, and only the best of the best perfect rolls will sell
Questions:
1. pickup radius still useful right now, if u were to farm MP4 or 5
2. whats a good price to get a WKL that has good rolls and around 900 dps or slightly less on US region
damn, seems like i paid a bit too much for my pants, 98 dex, 54 fr, 9 ias for 58m, like 3 weeks before patch... not sure what its worth now tho
is pickup radius still useful considered that mobs have more hp at higher MP, and we are gonna need more sustain anyways.
I consider the convenience of 1 piece pickup radius gear mandatory. At some point gear is so rare you might as well keep checking and buying when it comes available.
I put a price on DPS and EHP gains and simulate items from the AH. If it meets that price (2 million per 50 dps, 500 ehp) I buy it.
ya that's true, playing the game for happiness is what we are doing it for
so i just bought myself a WKL, 861 dps, 100 crit, 2.7 ls, for 70m, feeling that i paid a bit too much for it, or it was a double snipe, and market price probably hasn't stabilize yet
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60k dps, 34k hp
Background on current progression:
-just killed MP6 uber last night, farms MP5 ubers
-able to solo MP5 contents, with few deaths
-able to farm MP4 contents comfortably
gears that I want in mind:
-a higher EPH belt or shoulder
-a well rolled WKL, dilema here is that the price will drop further within 2 weeks, thus its uncleared if its a wise move
-rings with 6% crit + stats?
what are the general concensus here?
1. legendaries drop like candies and price will go down further after 2 weeks
2. ppl are selling whichever good drops they find, thus, driving the market price down, and the market is constantly adjusting itself to the anticipated market value
3. highly rolled rares/legs./sets price will go up in 2 weeks, since ppl are selling it at an under-valued price right now, but the long term demand for those will go up
What would your next move?
the market will get flooded since the influx of new players is not happening.
then sadly the market will crash when no one can sell anything unless it's best in slot.
However, I don't think this is going to happen. I actually think the opposite will occur (prices will go up):
1. Monster power giving gold find.
2. all drops are over il58 now so vendoring blues and yellows gives more gold than before
3. there may be a new plateau with rings and ammys with il63 stats, but that wouldn't drop il62 ones
Everyone will have more gold from normal play, so the market might stabilize at a higher baseline level than it already is. Prices will not go down because the amount of gold everyone is getting will increase. Something worth 5m gold before might be prices at 7-10 now just because you need more gold for it to reflect its "true value".
True value to me is how long it would take to obtain that much gold, it would take less work to get 5m gold now than it did in 1.04, now the same amount of time might yield 7-10m gold. It is like inflation, everyone is "printing" more gold, so prices have to go up to match the value of the items.
what do u think of pickup raidus? is it as needed as 1.04? because in 1.04, it was under the assumption that elites die real fast and u can run with low loh because u get globes constantly, but it might not be the case in for instance, mp5
so u r thinking of, ppl will anticipated that items will drop in value, they will try to sell their stuffs, but then inflation happens later on, and the market will go back up after a while? hmm interesting, that's what happened back then in 1.03
I really wouldn't wait, I would make your purchases ASAP before people realize it takes less work to get gold and its value depreciates (prices go up). My gold per hour has gone up from 300k to around 500k (running low MP as quickly as possible)
I plan on making my purchases (new 1h, my echoing fury with the fear affix has gotten far too annoying and I cant handle chasing mobs through AOE anymore) as soon as I get home today.
I could do this over and over but then the game would get boring and I'd have to stop playing. It's much easier to find a big item drop and sell that for millions of gold.
And come on, people think about it, this game was never designed for players to run around with billionaire banks.
In my opinion it is going to be a real good thing that more and more items are "flooding" the market. Eventually it will get to a point where just your regular gold income will be what you require to pay for an item you need.
And blizzard is smart, she know this will make a great divide beetwen the AH and the RMAH, what will eventually happen is that everything good and lower will be found in gold AH. And never for nearly as crazy a price as currently 1-2 billion bid only items...
And the real deal, perfect or neaar perfect rolls and BIS items will be found in the ah, for as high a price as people will be willing to pay (my guess is $250,00).
And lets face it, the way legendaries are dropping now every single player out there really has a chance to get items he needs, or even items a friend needs and he can just trade them for whatever said person finds that he can use.
I deffinately approve the change the economy is gonna go through.
My personal advice is BURN ALL YOUR CASH!!! and keep just some gold to feel confortable with (maybe 20 mil). Spend all you have in making your character MP6 or MP7 worthy asap and you will be in the vanguard having more and better items available sooner then the rest of the players.
I base what I’m willing to pay for gear based on how much gear I’m selling. I’m not going to invest 20 mil in a piece of gear unless I think it’s going to help me farm 20 mil more.
So I see the biggest issue currently as market volume. Total items sold seams significantly lower then months past.
The gold per hour is higher with this patch, but I think the drop rates per hour where increased enough to curb inflation. I expect prices to drop.
EDIT: for spelling.
Or if Blizzard allowed players to see the last 10 sales of items matching their search criteria so they could better establish what the items value was?
Right now I cruise the AH and get annoyed with mediocre or merely good legendary items with min bids & buyouts set equally at 100M or more and they often have only a few minutes or hours left. If something didn't sell after being posted for 36 hours, that means the item did not have a market at that price. That is to say, the people who had 100M to spend already had similar or better or items and the people for whom that 100M item represented a desirable upgrade didn't have 100M to spend.
Right now there just doesn't seem any good way for buyers or sellers to determine what the market is currently willing to bear for their items.
according to technical analysis, the price of the market depends on the confidence level of the investors, for instance how many ppl try to enter the market (buy items) versus how many ppl leave the market (sell items), if more ppl believe that the items are gonna drop in value, the price will go down, seems like that's the case, ppl believe in this way because legionaries are way more common than 1.04
after a while, when legionaries are so common, many believe that the market will crash, and only the best of the best perfect rolls will sell
Questions:
1. pickup radius still useful right now, if u were to farm MP4 or 5
2. whats a good price to get a WKL that has good rolls and around 900 dps or slightly less on US region
is pickup radius still useful considered that mobs have more hp at higher MP, and we are gonna need more sustain anyways.
I consider the convenience of 1 piece pickup radius gear mandatory. At some point gear is so rare you might as well keep checking and buying when it comes available.
I put a price on DPS and EHP gains and simulate items from the AH. If it meets that price (2 million per 50 dps, 500 ehp) I buy it.
Even if the prices go down: shiny new stuff is what makes this game fun (for me atleast),
so i just bought myself a WKL, 861 dps, 100 crit, 2.7 ls, for 70m, feeling that i paid a bit too much for it, or it was a double snipe, and market price probably hasn't stabilize yet