JMTC Wow Gold Forum

I've written before about the huge inflation on my server, but decided to make a new thread. This morning I counted out some of the popular sellings. If I want to buy mats to craft about anything it'll be a loss even. Still people are listing crafted items and not ounting out the profit as if they had bought them. Like Sweetiebird wrote on my other thread, "Herbs dried out". That many are farming mats and they think the crafted item is for free...

If I farm mats, I dont sell it for free, I want to "show" the server, this is todays prices, my time is precious, my time is not for free.
Todays Frostweave bag cost to buy mats is 198.50g, still it sells for 199g. Flask of Titanic Strength, cost to buy mats 90g, sells for 65g.

I must say I've been so "angry", I wanted t simply ask them, why the dont follow the inflation, and we just might get our old prices back. But I figure it'll be a waste of time.

So at the time, I try to stock up as much as I can for patch, when I find some cheap mats for it. My goldmaking now comes from vanilla, and TBC items, buying/selling pretty nice there

I'm famous!

But seriously, the content is boring at the moment. It means that all the clueless gold makers move into the gold making scene... They usually do dailies and things like that to make gold... They equate Gold in their mailbox to profits, so they continue the cycle without knowing if they gain or lose gold.

Time to retire the majority of all the niches that you're involved with. Wait for greener pastures or find another pasture.

Yes, I have been moving into the more green area... Vanilla and TBC is a lot more profit at the moment.

Yeah, it often will be.

When the content is new, I tend to go towards supplying the raider. Gems, expensive glyphs, Gear etc. When it gets tougher, I close up most shops and slant towards supplying the alts. Glyphs etc.

Old thread may be old, but there are quite a few reasons.

For the bags i'm not sure, unless it has something to do with quicker selling simply because people would rather buy the bag over buying materials then finding a tailor to tip.

For the alchemy thing, it simply could be that their specialty is a flask master. Am i saying its smart of them to take a chance on hoping for procs? I am not, but if they maybe work for tips and they keep the procs, they could sell the flask alot cheaper then mats and get quicker sells.

Finally the fact is that supply for raw materials might be in heavy competition(think gold farmers) and low demand vs the crafted item people would want.

I am not good at explainations and i am pretty damn sure that "farm it so its free" is the biggest reason, but i believe there is always more then just one of them. Explainations as to why people do stupid things in the economy are not always simple sadly.

Old thread may be old, but there are quite a few reasons.

For the bags i'm not sure, unless it has something to do with quicker selling simply because people would rather buy the bag over buying materials then finding a tailor to tip.

For the alchemy thing, it simply could be that their specialty is a flask master. Am i saying its smart of them to take a chance on hoping for procs? I am not, but if they maybe work for tips and they keep the procs, they could sell the flask alot cheaper then mats and get quicker sells.

Finally the fact is that supply for raw materials might be in heavy competition(think gold farmers) and low demand vs the crafted item people would want.

I am not good at explainations and i am pretty damn sure that "farm it so its free" is the biggest reason, but i believe there is always more then just one of them. Explainations as to why people do stupid things in the economy are not always simple sadly.

A reason that a lot of people discard can be someone getting out of an unprofitable market.

For example. Lets say that I notice a market that can make me a bunch of gold. I invest say 10k into it. I work through it for a month and make 20k-30k back so I'm happy. Then along comes a gold blog post explaining to the masses how this market works causing every tom, dick and harry to rush to it. Costs rise and selling prices fall thus making it unprofitable. It's no longer worth my time so I dump my remaining stock. If you took a snapshot in time at that particular point, it looks like I'm an idiot. I must have farmed it and selling it under cost price, where in fact I'm just liquidating my way out of a once profitable cash cow.

This happens rather often for me. When I'm done with a market, I'm usually more concerned with finding a way to get as much gold back while not wasting my time.

This is limited to processed goods. To me, it just doesn't make sense for farmed/raw mats. Just throw them in a vault and look at them sometime in the future.

Thank you so much...i've not been able to think of a way to put it, but that is excellent. Perhaps its not always farmers either though....but yeah problem is there are alot of "farmed it so its free" people.

Still with that said and that thought as well, I can withdraw my previous statement about majority being "farm it so its free" people...but there is still many of em out there sadly.


By the way i am reading that blog of yours you linked in your sig...i do love your content...it doesn't cover alot of Get x for y price and sell for z price later....i mean it covers basic holidays which do tend to repeat when a new influx of players emerge or those who missed it last year. The general tips that can be applied to many things no matter what part of the expansion you are in is very very good, and it requires one to use their mind instead of following a server specific tip blindly then QQing when it doesn't work for them.

or wow.. Someone actually went to that site. I haven't touched it in a long while.

I've been busy working on a new CMS for the whole thing, and didn't want to work on the content until that had been completed.... It was a bigger project than I had intended... Over 15000 lines of code later and its still not complete

Yes, I don't believe in spoonfeeding, it really doesn't help anyone. I would rather have intelligent readers who think for themselves who can learn how to apply information for specific circumstances. If you can do that, you'll be well ahead in the gold making game.

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With the above example, there are a lot of people who are also trying out a market. They might not quite get it right and might be making a small loss without knowing it.

Also.... there are situations... I've been in this when i was trying to control a market. To get people out of the market, I'd bring the price of the sold goods down to cost (or below) to eliminate as many of my competitors as I could. It does and doesn't work and I wouldn't do this anymore. There are easier ways to make gold, but it is a legitimate option.

If you make a market unprofitable for your competitor, are they going to continue to compete with you?

More and more people bot to farm their materials. So they really are getting their ore and herbs for free and their is no "opportunity cost" lost. It is literally making gold out of thin air. You cannot compete with that. It is by far 1000 times worse than someone who bots the AH because they have no vendor floor price to worry about.