[Not so Common Commen sense] Buy gold the smart way

[TehVoyager]

If you are going to buy gold legally, do it the smart way. i diddnt even think about this till i started poking around the BMAH.

Put the money on your Bnet balance. Buy Radiant Star Emeralds.


I can buy a radiant star emerald for $1.67.
I can sell a radiant star for 25,900,000
A mil gold is $0.26
26 mil just buying gold would cost 6.76.

Buying emeralds allows you to get more gold. only downside is it may take a while to sell the emeralds.


Edit Haha @ my spelling in the title. I R GUD AT ENGLISHING

[alexjmurphy]

1.67 is 24,558,823 if purchased at the current price of .068 per million
You will also not be taxed.

25,900,000x.15=22,015,000 (.15 is blizz tax)

You would make 2,543,823 in comparison using a gold seller. The current price is high compared to what it was at one point last week of .051.

Currently emeralds are 2.24 per this wouldn't be a very good deal. You did say legally, however. The fluctuations are crazy that's for sure but legal way does outweigh the chance of being scammed/banned.

[TehVoyager]

Alex, im assuming you are EU. when i did this, Gold was $0.25 per mil, and Radiants were just about 26 mil for $1.67

[Dark_Mage-]

It's called Arbitrage, and there has always been a profitable item to do this with since the beginning of the game. Be it commodities or buying crappy Legendaries at 4k gold while Brims are selling 20-40k. Having multiple currencies combined with the error of people always makes for a profitable hole somewhere. If you combine the two market places, forum gold, and bitcoin you can make sizable daily profits consistently. Arbitrage is great. :O)

[jackus]

yeah this is only about 3 months old and I think 90% of players know this.

[CHandest]

yeah this is only about 3 months old and I think 90% of players know this.

So what? OP is still contributing to the people who didn't know this.
Another thing - you are mistaken - it's not 3 months old - this has been going on since release.




+Rep for contributing to the community.

[jackus]

So what? OP is still contributing to the people who didn't know this.
Another thing - you are mistaken - it's not 3 months old - this has been going on since release.

+Rep for contributing to the community.

True he is contributes.
But this is about 3 months old. In the begning of Diablo 3; 1 million was 20-25 euro (before the RMAH was up)
When the RMAH came up, you could sell your gold and big gems fast and easy. (Can't remember exactly, but 1 mil went for 2 euro, then 1.95 then 0.95 and so on untill it hit 0.25) But the last 3 months selling gold is almost imposible because og the RMAH limit and the websites selling gold for 0.07 euro. So some people started buying the biggest gems and selling them via the RMAH. But soon all began this, and that is why Gems cost about NOTHING and you can do this "trick".