[Guide] Legendary Money Making off ANY NEW PATCH!!!

[Emilie Autumn]

amazing work on this guide =D ty

[Siretu]

Thank you, I've been away for two weeks, didn't know what to look for.

[Greeko]

Got 102 stacks of Titanium Ore, ready to be Prospected! Yea baby!

[Syncness]

Got 102 stacks of Titanium Ore, ready to be Prospected! Yea baby!

Wow, you'll be very rich. Suggest you dump everything at about... the 2nd or 3rd day, but not the first, but within the first week.

You'll easily earn over 100k if done efficiently.

[killaz]

i recently bought 32 stacks of titanium ore...got around 43 stacks now.

im expecting some cash in 3.2 :P

[Kill604]

Thanks sir smart thinking.

[Kaszab]

Step 2: Analyzing Data
Right now, 3.2 is coming up very soon, and more and more changes are being made on the PTR. For starters, there has been a recent change to Jewelcrafting, one being able to prospect Titanium Ore.

Now it doesn't take half a brain to realize that Titanium Ore's prices are going to go insane NOW AND when 3.2 is released.

1. Mining Nodes will now take 1 hit to collect all loot.
2. Increase in SUPPLY. (Price of ore will DROP).
3. Mining Nodes despawn faster, more Nodes respawn faster.
4. Because Saronite and Titanium share node locations, BOTH will DROP.

Dude, do you realise the...umm...contradiction?

[Syncness]

What came first.

Then what came?

[Kaszab]

So what do you think, for how long will you have the opportunity to profit from Tiatnium ore? On my server the price of Saronite already started to fall (average price per stack fell from 23g to 19-20g in two weeks) while the AH is flooded with overpriced Titanium ore that nobody buys, of course.

From the PTR I have gathered some early data showing Titanium ore prospecting results. Note that they are subject to change!

After 366 prospects (1,830 ores) it seems you have ~5% to get any epic, ~4% to get any blue (same as with saronite) and ~25% to get any green gem (considerably better than with saronite) per prospect.

Blue and green gems are already almost useless (you can make some green crap for disenchanting with questionable profitability and you can cut som blue gems that sell with a small margin) but when 3.2 hits they will surely go down the drain (the same happened in BC when mass epics drowned the market).
So, roughly you'll end up with 1 epic, 1 rare and 6 greens per stack of prospected Titansteel. You can say that Alchemists will want the blue gems for their Transmutes but for that time they will have stocks of Saronites bought cheap as hell anyway.

What I see now is that the most expensive way to get raw epic gems is prospecting Titanium and most people will realise this, acquiring them via alternative ways (honor, emblem of heroism or transmutation if they have Alchemy). This will lead to the following in the first days: AH flooded with overpriced titanium that only slackers & morons (TM of Gevlon =)) will buy, same as with epic gems. After a month, the price of Titanium drops to the current level of Saronite, greens almost disappear from AH as they will be vendored, the price of blues will slowly converge to the vendor price while epics will cost approx. the same as the blues go right now.

At least this is how I think. :wave:

[Heftydogg]

Epic gems will stay high. Not as high as the first week they're out, but they will be significantly higher than the blue gems.

I agree though that titanium is overrated and is going to drop fast. That's why I don't know what to do with my 40 stacks that I bought. Not sure if I should prospect them all myself and put gems up or put the ore up. Cause like said, blue and green gems will be nearly worthless, and if epic gems are really that rare to prospect, then I'm not sure if it's worth it. Titanium ore has already jumped from 60g to 120g/stack. I actually think I'll make more by putting up the ore the night before servers go down, and let the masses fight over the ore once the servers open. Pricing a stack of ore at ~150g seems to be a much better profit to me since once people realize the epic gem rate is so low, they'll get their gems via other ways, dropping the ore price. And I can't really imagine the gem prices being over 1k each. Even the epic gems now from fishing daily are only 500-700 on my server. I'm planning to put up my ore even more overpriced than now, and letting supply and demand buy out everything under me, leaving just my OP ore at the top to be bought and prospected.

[Aretak]

Thanks@This

[gtj4]

Thanks alot !

[Syncness]

So what do you think, for how long will you have the opportunity to profit from Tiatnium ore? On my server the price of Saronite already started to fall (average price per stack fell from 23g to 19-20g in two weeks) while the AH is flooded with overpriced Titanium ore that nobody buys, of course.

From the PTR I have gathered some early data showing Titanium ore prospecting results. Note that they are subject to change!

After 366 prospects (1,830 ores) it seems you have ~5% to get any epic, ~4% to get any blue (same as with saronite) and ~25% to get any green gem (considerably better than with saronite) per prospect.

Blue and green gems are already almost useless (you can make some green crap for disenchanting with questionable profitability and you can cut som blue gems that sell with a small margin) but when 3.2 hits they will surely go down the drain (the same happened in BC when mass epics drowned the market).
So, roughly you'll end up with 1 epic, 1 rare and 6 greens per stack of prospected Titansteel. You can say that Alchemists will want the blue gems for their Transmutes but for that time they will have stocks of Saronites bought cheap as hell anyway.

What I see now is that the most expensive way to get raw epic gems is prospecting Titanium and most people will realise this, acquiring them via alternative ways (honor, emblem of heroism or transmutation if they have Alchemy). This will lead to the following in the first days: AH flooded with overpriced titanium that only slackers & morons (TM of Gevlon =)) will buy, same as with epic gems. After a month, the price of Titanium drops to the current level of Saronite, greens almost disappear from AH as they will be vendored, the price of blues will slowly converge to the vendor price while epics will cost approx. the same as the blues go right now.

At least this is how I think. :wave:

I've seen a post with similar data on prospecting on the PTR forums, they concluded with.

Let me find it for you.

World of Warcraft (en) Forums -> Prospecting Titanium statistics

and the "mother" thread of prospecting statistics.

World of Warcraft (en) Forums -> Titanium prospecting test. (and some Icy Pris

As you can see, it is NEAR 30% PER PROSPECT for an epic gem.

[poiper]

Thank You!

[Kaszab]

I've seen a post with similar data on prospecting on the PTR forums, they concluded with.

Let me find it for you.

World of Warcraft (en) Forums -> Prospecting Titanium statistics

and the "mother" thread of prospecting statistics.

World of Warcraft (en) Forums -> Titanium prospecting test. (and some Icy Pris

As you can see, it is NEAR 30% PER PROSPECT for an epic gem.

OK, let me rephrase this a bit for you.

When you prospect Titanium ore, you have ~5% to get any SPECIFIC epic gem. This is supported by your number, you have ~30% to get an epic per prospect but since there are 6 different epic gems, the chance to get a SPECIFIC one (let's say Ametrine) is 30/6 = 5, as I said. The numbers in the thread you linked show exactly this.

When you check wowhead for Saronite ore (or any other prospectible ore, for that matter), on the "Prospecting" tab you will see percentages that have the exact same meaning what I said: chance of getting that specific gem from a prospect.

If you don't care which epic you get, then you are right, you will have ~1 (random) epic per 3 prospects, or ~2 epics per 1,5 stacks of ore. If you assume demand will be nearly equal for all 6 types of gems, then your margin will also be the same on each of them. If reality proves you wrong then you will have to reconsider whether to buy or not to buy Titanium.