(Information) Why do you guys continue to let the prices drop daily?

[iFarmer]

I blame most of it on scammers.

Whenever a scammer scams a bunch of gold, he dumps it at a low price. The sudden quantity that he dumps has a severe impact on the prices.

[Trakanon]

I blame most of it on scammers.

Whenever a scammer scams a bunch of gold, he dumps it at a low price. The sudden quantity that he dumps has a severe impact on the prices.

Unfortunately, that's probably quite true. Illegitimate gold is a liability, cash isn't.

[iwillnotdie]

Thanks for all the positive replies guys, I was expecting to be trolled to hell. The community on this site is quite nice.

[kinglahiho]

Most ppl are prolly scared to get a ban so they are like "derp derp ima sell for what the chinese man offers me derp derp" -_-

[romaglog]

Hell yeas i can't wait till it goes down to $1.00 or less by next week!!!!

[Typrix]

It's basic economics. The supply has been increasing and the demand unchanging (or decreasing); ergo, lower prices. It's just silly to say things like "Everyone stop lowering your prices!"

[VirtualWolf]

So what we need to do to the kids on here is use reverse-psychology. Pretty much put up all our prices to 2.50 and watch.

[Lena Oxton]

Its also basic economy that the ones who has the gold makes the "rules," in this case, the prices.

[phuzed]

Bumpin to see what people think.. 3 days later. Resellers offering $0.80-1.00 per mil.

It's looking like $0.50 in next several days at this rate.

[TronDoZY]

atm I'm saving all my money for the RMAH gold patch since it will give me a higher profit than selling for 1$.

If the prices don't go back up to 1,5$+ then I'm not selling privately.

[sejin]

Bumpin to see what people think.. 3 days later. Resellers offering $0.80-1.00 per mil.

It's looking like $0.50 in next several days at this rate.

I've just recently started botting, Monday 7/2/12 and was doing it on one account. I looked at the gold prices and they seemed pretty fair at 1.7 USD per million. I sold 3 million of the gold I had farmed up. Then on Wednesday I bought my second account and hes in the midst of getting leveled up. but in the 4 or 5 days I didn't sell any gold I had accumulated about 10 million which I was able to sell for, and this literally causes me physical pain, .9 USD/mill. I bought a "business" month license for the bot so I'm about $80 in the hole right now and I've made about $15.

The price dropping is definitely something that concerns me. I don't really know who to sell to besides "businesses" on here that buy gold fairly low. What does everyone else do?

I also considered making this its own topic asking for advice but thought I'd try a 2 for 1 here and see if I get anything, if not I'll make a different thread.

[er202]

I've just recently started botting, Monday 7/2/12 and was doing it on one account. I looked at the gold prices and they seemed pretty fair at 1.7 USD per million. I sold 3 million of the gold I had farmed up. Then on Wednesday I bought my second account and hes in the midst of getting leveled up. but in the 4 or 5 days I didn't sell any gold I had accumulated about 10 million which I was able to sell for, and this literally causes me physical pain, .9 USD/mill. I bought a "business" month license for the bot so I'm about $80 in the hole right now and I've made about $15.

The price dropping is definitely something that concerns me. I don't really know who to sell to besides "businesses" on here that buy gold fairly low. What does everyone else do?

I also considered making this its own topic asking for advice but thought I'd try a 2 for 1 here and see if I get anything, if not I'll make a different thread.

If you cant bot with 10-20 bot you are dead soon.

I bot with 6 and im dead soon also

[sejin]

If you cant bot with 10-20 bot you are dead soon.

I bot with 6 and im dead soon also

I'd like to expand into having more bots but don't really have enough money to just drop 300 - 600 in accounts. I figured with 2 bots and if the market holds I'd be able to buy another account about every week. Doesn't look like its gonna pan out like that though. =/

[abasisty]

figure what, $60 to buy a legit diablo copy. 1-2 days to lvl to 60. then 20-40 million on gear to get your toon to 400k a hour. just for the account alone your looking at just shy of 1 week of pure botting. 24/7 for 6.25 days. to make your investment back ($1 / mil rate). Thats not including the money you spent on your "bot" or gearing your toon. It all depends on what your willing to risk.

[sejin]

figure what, $60 to buy a legit diablo copy. 1-2 days to lvl to 60. then 20-40 million on gear to get your toon to 400k a hour. just for the account alone your looking at just shy of 1 week of pure botting. 24/7 for 6.25 days. to make your investment back ($1 / mil rate). Thats not including the money you spent on your "bot" or gearing your toon. It all depends on what your willing to risk.

I have a pretty crappy set assembled on my Wd, its about 250 GF, 15 PR, and 12 MS, 15k dps, 12k hp. He farms azmo trash. I get about 250k an hour, will it really cost me 20 - 40 million to bring it higher?