Gold Capped: When glyph prices hit the wall

Reader Comments (Page 1 of 1)

8-01-2010 @ 2:25PM

wutsconflag said...

I wonder...

Are the majority of your gold-capped posts about Inscription because that's what you do, or is it that that's the "major" gold-making profession at the moment?

As for myself, I tend to make more gold off of my daily epic transmutes than I do from glyphs, due to several glyph makers trying to "own" the market. I've decided, rather than try to beat them (and sell at a loss), I'm just going to repost all my glyphs at cost (including the 1s posting fee), with fallback a couple of gold higher. If I can't make any gold due to the guy camping the AH 23 hours a day (literally, and yes, I know what literally means), then neither will he. At first, he just bought me out. I combated this by making more glyphs (went from 4 to 10). Now, he either auto-fallbacks, or posts at a loss. Considering the time it takes me to gather all my glyphs from the mail and repost (under thirty minutes, every 2 days), I'm okay with either. I still make a couple hundred gold a day (not from glyphs themselves), on average*, but I know he's losing gold. And in the end, that warms my heart more than the meager amount of gold I make.

(*NOTE: Except for the days - randomly - when he's offline for more than a few hours. Those days tend to make up for the rest of the week.)

8-01-2010 @ 3:35PM

JKWood said...

This one wasn't written by Basil.

Personally, I think he's overlooking a very, VERY simple tactic for taking care of a wall: buy them out, then relist. It works well on my server.

8-01-2010 @ 3:35PM

Tyr said...

"Are the majority of your gold-capped posts about Inscription because that's what you do, or is it that that's the "major" gold-making profession at the moment?'"

It's probably the most complex market out there atm and if you wanna make cash from it, you need more help than with other professions. Although I admit there have been a bit too many inscription articles lately. Stop educating my competition!

8-01-2010 @ 4:08PM

Zamboni said...

There's only so much you can write about Blacksmithing and Eternal Belt Buckle posting strategies. Most of the other professions can be summed up in a couple of paragraphs, and will never need to be revisited again. Inscription has been out for almost two years, and we're still arguing about even which herbs to mill.

You can also expect that your Blacksmith competitor is a rational, profit-driven businessman. You can also assume that your Scrivener competition is none of these. A battle to the death against irrational, self-destructive opponents can be more entertaining than just another day posting the same old gems at the same old prices. (And yes, the gold helps.)

In a few months, Cataclysm will rewrite the entire way we make and sell glyphs, and all this will start over again from scratch. (Then again, we are in the business of selling paper.)

8-01-2010 @ 10:25PM

uncaringbear said...

@wutsconflag

So you're upset at the other seller because he puts more time into the AH game than you, and out of spite, you're going to destabilize the prices?

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