WoW Economy

Yeah, but I''m sure you get skillups from the Shatterer Flux? How much do you guys think your skill-ups are ""worth""?

One skill up for 80 gold worth of supplies is a bad trade off.

"Eezy_Bordone" wrote:
"Warlock" wrote:
There''s a lumberjack in Ashenvale Forest that has lost her Shredder Operating manual. She''s too lazy to go find the pages herself.

Is it worth the trouble to complete? I have like 5 of the pages in the bank.

Ah this must be the equivilent (sp?) of the ''Lost Novel'' or whatever for the alliance in STV. You need to find 3 or 4 pages for 4 chapters of a book. It took a bit but I got a lot of experience out of it.

No, as horde we get the lost novel quest in STV as well from ernest hemingway. In ashenvale we have the Lost Pages quest to do for lvl 20-30. You just collec them as you go while doing other quests in that area. The drawback is that they take up a lot of space if you don''t find all the pages for a chapter to bind.

"Warlock" wrote:
There''s a lumberjack in Ashenvale Forest that has lost her Shredder Operating manual. She''s too lazy to go find the pages herself.

Is it worth the trouble to complete? I have like 5 of the pages in the bank.

here''s the rewards: http://www.thottbot.com/?q=4465

"Warlock" wrote:
There''s a lumberjack in Ashenvale Forest that has lost her Shredder Operating manual. She''s too lazy to go find the pages herself.

Is it worth the trouble to complete? I have like 5 of the pages in the bank.

Definitely. Big XP for the level. I accrued most of my pages just from adventuring and then bought about 3 at the AH for not a heck of a lot of money.

Warlock wrote:
Quote:
There''s a lumberjack in Ashenvale Forest that has lost her Shredder Operating manual. She''s too lazy to go find the pages herself.

Is it worth the trouble to complete? I have like 5 of the pages in the bank.

Definitely. Big XP for the level. I accrued most of my pages just from adventuring and then bought about 3 at the AH for not a heck of a lot of money.

Oh. Horde only.

So should I run to Gadgetzan and throw these 5 pages or so I have up there?

No the gadgetzan AH is useless. Most of them time, there are barely any items on there. also by the time most horde reach Gadgetzan, they''re in their 30s while the lost pages is a 20s quest.

Blecch. Just started going to the AH with my Horde character and saw that the prick mentioned previously in this thread has indeed taken control of the entire rare market. About 80% of the rare auctions are his, and the one time I bid on one that wasn''t, I was outbid within seconds each time I put in a bid. Gosh, wonder who it could be...

If Blizzard if trying to find a way of reducing AH lag by causing people to stop going to the AH, they''ve found it. I *loved* searching for interesting rares in the Ironforge AH, but I''m not even going to bother looking at the rares in the Horde AH any more.

"KillerTomato" wrote:

Blecch. Just started going to the AH with my Horde character and saw that the prick mentioned previously in this thread has indeed taken control of the entire rare market. About 80% of the rare auctions are his, and the one time I bid on one that wasn''t, I was outbid within seconds each time I put in a bid. Gosh, wonder who it could be...

If Blizzard if trying to find a way of reducing AH lag by causing people to stop going to the AH, they''ve found it. I *loved* searching for interesting rares in the Ironforge AH, but I''m not even going to bother looking at the rares in the Horde AH any more.

Cap the number of auctions anyone can have (FFXI limited you to 6 IIRC) and make Bind on Equip items also Bind on Mail or Trade.

"KillerTomato" wrote:

Blecch. Just started going to the AH with my Horde character and saw that the prick mentioned previously in this thread has indeed taken control of the entire rare market. About 80% of the rare auctions are his, and the one time I bid on one that wasn''t, I was outbid within seconds each time I put in a bid. Gosh, wonder who it could be...

If Blizzard if trying to find a way of reducing AH lag by causing people to stop going to the AH, they''ve found it. I *loved* searching for interesting rares in the Ironforge AH, but I''m not even going to bother looking at the rares in the Horde AH any more.

it would almost be worth it to see how smart his bot was...
Outbid said items BO price sometime just to see if the guys bot will automatically outbid it
Better yet is to offer the items he is selling for a little less than he is selling them for, forcing him to either buy you out, or to lower his prices to compete with you.

"Strekos" wrote:
"KillerTomato" wrote:

Blecch. Just started going to the AH with my Horde character and saw that the prick mentioned previously in this thread has indeed taken control of the entire rare market. About 80% of the rare auctions are his, and the one time I bid on one that wasn''t, I was outbid within seconds each time I put in a bid. Gosh, wonder who it could be...

If Blizzard if trying to find a way of reducing AH lag by causing people to stop going to the AH, they''ve found it. I *loved* searching for interesting rares in the Ironforge AH, but I''m not even going to bother looking at the rares in the Horde AH any more.

Cap the number of auctions anyone can have (FFXI limited you to 6 IIRC) and make Bind on Equip items also Bind on Mail or Trade.

Good idea. I like!

"Nosferatu" wrote:

Better yet is to offer the items he is selling for a little less than he is selling them for, forcing him to either buy you out, or to lower his prices to compete with you.

That''s how he acquires his items, by buying them cheaper and reselling them. He''s not going to lower his prices when he can just buy everything out and set the market.

Yeah its official...our economy is wacky!

Someone had a Shatter Mace up at the AH last night with a buyout of 200G

Despite a better mace right below it with a buyout of 14G

But I can''t blame the guy auctioning the mace since Core of Earth is 20G buyouts and that mace needs 4 of them alone.

I''m hoping Blizzard boosts up some of these crafting items to compete more with the drops.

Or increases the rate of crafting rare ingredient drops.

I find my mid level potions are now selling pretty well at the AH though.. Greater Heal and Greater Mana seems to sell as fast as I can put them up. I make about a 40-50% profit off them.

Wanted to give you a comparison on our server GG. (Blackhand)

Core of Earth = 6g buyout
Shatterer = 25g to 40g buyout.

I definitely wouldn''t want to be on your server''s Ah, ouch!

"Flux" wrote:

Wanted to give you a comparison on our server GG. (Blackhand)

Core of Earth = 6g buyout
Shatterer = 25g to 40g buyout.

I definitely wouldn''t want to be on your server''s Ah, ouch!

Im not sure whats going on...

Its stupid to auction something that high if better can be found right below.

A few weeks ago Core of Earth was 1-5G buyouts then whammo!

I do notice that at least on the Horde side we have a good deal of the old Uber EQ guilds. I see lots of 60 level people running around allready.

Hopefully things will settle down a bit and not be so crazy...

That being said mid level 40''s items are all cheap...so for 10G you could complete get geared out at mid 40

[quote=""TheGameguru""]

"Flux" wrote:

Im not sure whats going on...

Its stupid to auction something that high if better can be found right below.

I think you just saw an isolated exemption from someone''s attempt to corner the market. Was the cheaper better item up for long? Do we know that someone didn''t snag it and reprice it?

It''s definitely happening on Blackhand too. A week ago, I could get a stack of 10 vision dust (for enchanting) for about 1.5g. A bunch of different sellers. Bear in mind the vision dust is needed from roughly the 175-2?? range of enchantments. So it is not newbie level, but it''s also not really high end stuff.

Last night I checked the AH, because some guildies wanted enchantments. 6g buyout for a stack of 10. Even more interesting, pretty much every stack was priced the same (there were about 7 of them) and being sold by one guy, ""Vitaly."" Other items are similar. It''s painfully clear what''s happening here.

Last night,

This is why I haven''t gone to the AH much at all.

Maybe in the end-game, it''ll be more important to have the gear that''s 2% better than the gear I got from said quest, or made myself, but I just don''t see it now (at level 30).

The only times I go to the AH are for tradeskill items (ore, etc) when I''m really close to a new recipe and want to crank it out (I''m at 164 Blacksmithing, have 10 of the 12 bronze to make my next thing and get 165, so let''s go to the AH instead of going out and farming) or for the rare tradeskill things (Moss Agate, Tigerseye, all that stuff). This will hopefully save me much frustration as my server becomes inevitably locked down at the AH.

Out of curiosity, what''s the potion economy like on your server(s)? Specifically, what do your Greater Healing Potions typically sell for?

As an herbalist/alchemist, the GH pot is my bread and butter and I''ll generally do whatever it takes to make sure the money keeps coming in. That includes purchasing and reselling any stacks that are below what me and 3 other loosely affiliated alchemist have set as a standard price (~80s-1G for a stack of 5). I don't feel that makes me a jerk though I could see where some might consider it underhanded.

The problem with these virtual economies is that players will PAY the prices that your monopolist is asking. If someone is willing to pay 20g for that core of earth, well, then someone is going to sell it at that price. I had a good discussion over the New Year weekend with a friend who also plays WoW (as well as being a veteran of other MMOs). When first launched, there's a sort of hyper inflation as no one has any idea of just how difficult an item will be to find again or produce. Sometimes gradually, sometimes in a virtual free-fall, prices reach equilibrium eventually. Just 2-3 weeks ago I was selling stacks of Healing Pots for 1G and Greater Healings for 2G and folks were buying them about as fast as I put them up. Now I have to fight to keep them above 80s and expect them to settle around the 50s mark in a month or two.

I say give it some time and your rare-buying friend will either grow tired of camping the AH (if he's using a bot, he should be reported and banned) or the market will eventually sort itself out. We're only, what, 1.5 months into the game? Of course things are going to be out of whack right now.

"Chum" wrote:

Out of curiosity, what''s the potion economy like on your server(s)? Specifically, what do your Greater Healing Potions typically sell for?

As an herbalist/alchemist, the GH pot is my bread and butter and I''ll generally do whatever it takes to make sure the money keeps coming in. That includes purchasing and reselling any stacks that are below what me and 3 other loosely affiliated alchemist have set as a standard price (~80s-1G for a stack of 5). I don?t feel that makes me a jerk though I could see where some might consider it underhanded.

The problem with these virtual economies is that players will PAY the prices that your monopolist is asking. If someone is willing to pay 20g for that core of earth, well, then someone is going to sell it at that price. I had a good discussion over the New Year weekend with a friend who also plays WoW (as well as being a veteran of other MMOs). When first launched, there?s a sort of hyper inflation as no one has any idea of just how difficult an item will be to find again or produce. Sometimes gradually, sometimes in a virtual free-fall, prices reach equilibrium eventually. Just 2-3 weeks ago I was selling stacks of Healing Pots for 1G and Greater Healings for 2G and folks were buying them about as fast as I put them up. Now I have to fight to keep them above 80s and expect them to settle around the 50s mark in a month or two.

I say give it some time and your rare-buying friend will either grow tired of camping the AH (if he?s using a bot, he should be reported and banned) or the market will eventually sort itself out. We?re only, what, 1.5 months into the game? Of course things are going to be out of whack right now.

I agree that one of the fundamental problems is people being willing to pay the inflated prices. Another problem, however, is that so long as there is more and more cash flowing into the system (e.g. level 60 characters cash farming for a few hours, which creates ""new"" gold that can be sent to lower level characters), prices will probably not go down. It''s basic inflation I think. Rather than not pay for something that is ""overpriced"" (and that a level 15 character would not be able to afford on his own), most hardcore players will just switch over to a level 60, play for a few hours, and then send the 10g (or whatever) from that character to the level 15 character to buy the item.

most hardcore players will just switch over to a level 60, play for a few hours, and then send the 10g (or whatever) from that character to the level 15 character to buy the item.

I don''t think inflation is just due to the hardcore players.
When I am soloing, which I usually do during naptime, I''m farming leather to get my skill in skinning up, but I also find armor/weapons/components that I can''t use, but that my or Peecaboo''s alts can. If it''s around or above level 20, I typically do a /guild message to see if anyone that''s on can use it _now_ or ""soon"", but if not, I typically send it to an alt.

Which means that those alts don''t need to buy things at the AH OR gather them. Which makes the market thinner. You have a strong group of guilded sellers selling to a relatively weak group of (probably) unguilded (and likely poorer) buyers. There''s a gap. The sellers don''t ""need"" to sell, but the buyers really need to buy, or they struggle.

Then you have guilds like ours and players like me that pass goods and services around like they are party favors. Mostly we don''t need either buyers OR sellers. We share and share alike, removing a lot of gold from the ""base"" economy and moving it to the discretionary or ""luxury"" economy. For the most part.

If you want to read more about MMOGs and economies, the TerraNova blog(google it, I don''t recall the URL) is a great resource, though it can be very academic and dry sometimes. A number of MMOG ""bigwigs"" post there frequently, so it''s not purely ivory tower academics posting pure theory.

"duckilama" wrote:
most hardcore players will just switch over to a level 60, play for a few hours, and then send the 10g (or whatever) from that character to the level 15 character to buy the item.

I don''t think inflation is just due to the hardcore players.
When I am soloing, which I usually do during naptime, I''m farming leather to get my skill in skinning up, but I also find armor/weapons/components that I can''t use, but that my or Peecaboo''s alts can. If it''s around or above level 20, I typically do a /guild message to see if anyone that''s on can use it _now_ or ""soon"", but if not, I typically send it to an alt.

That makes sense to a degree, but I''m convinced part of it has to be the hardcore players slinging around money from higher level characters simply because unless they are doing things I have been incapable of doing, level 20 players simply should not have the gold, if generated on their own from level 20 activities, to pay for the 6-10 gold for basic component auction prices I''ve been seeing. Or at least I haven''t run across many players who have that much gold at level 20-30 that is freely disposable that did not come from outside sources.

I like your point about the thin market though; it makes a lot of sense that part of the problem is that there is not enough volume up as well.

"a7an" wrote:

GG, I took your advice and went after the rock elementals in badlands. There were several quests for them which I did at the same time. It was great exp at 18000exp+ per hour with turning in quests, however the gold rate from selling stuff was ~2g an hour :-(.

I just hit Badlands for this first time last night and my gold rate was about the same, a7an.

Theres a better spot now...

once you hit 50 go to Azeretha and kill the Hippogriff Casters...

Level 50-52 and they have low hps..low AC and cast approx 1 time in a fight.

Drop feathers that sell for almost 3G a stack.

Ebay farmers have hit the area hard on my server though...but its a large area and a fast spawn rate so even with level 60 rogue farmers its still a great spot.

I suspect Blizzard''s going to nerf them soon.

The Rock Elementals have high AC and decent hps...your only going to get good gold farming them when your 46-47+ If your lower then you''re killing rate will slowdown.

You should be able to clear the entire rock elemental spawn area and some lesser elementals before a single rock elemental spawns again.

costs 3s in thread for me to make a regular, or 14s in thread and dye for me to make a black. But I always make blacks now to get the skillups.

Oh man, Leaping...I had no idea they cost you that much to make! Remind me when you see me online to send you some cash.

That''s ok Ducki, the black are now gray for me too so I''ve gone back to the plain cheapies.

Looks like things have settled down finally..

Core of earth is back to 8-9G buyouts..

Ore is becoming reasonable and it looks like certain individuals broke off and split up the attempted monopoly.

Thanks to level 60 ebay farmers theres a good amount of high level gear in the AH that has made the level 30-50 stuff reasonable.

"Strekos" wrote:
"Nosferatu" wrote:

Better yet is to offer the items he is selling for a little less than he is selling them for, forcing him to either buy you out, or to lower his prices to compete with you.

That''s how he acquires his items, by buying them cheaper and reselling them. He''s not going to lower his prices when he can just buy everything out and set the market.

No say he sells X at 20G a piece, you sell yours for 19G 50s, meaning if people are going to buy, they''ll buy it from you, or he''ll be forced to buy your X at a silly price.