Trending Games | Elder Scrolls Online | WildStar | Heroes of the Storm | Star Wars: The Old Republic

  Network:  FPSguru RTSguru
Login:  Password:   Remember?  
Show Quick Gamelist Jump to Random Game
Members:2,643,933 Users Online:0
Games:681  Posts:6,077,590

Show Blog

Link to this blogs RSS feed

Power Of The Horde

I have been playing WoW for some time now, and i am trying to stimulate thoughts and/or arguments for other players as well as anyone else who wants to drop in. If you read a post, comment on it, cause i need input to make better topics.

Author: WoWownsall

Stupid People... It's a Conspiricy

Posted by jmahoney Monday April 14 2008 at 1:35AM
Login or Register to rate this blog post!

Well. I log on world of warcraft today and after reading the patch notes, i see that there is no longer a cooldown on arcanite transmutes. Beautiful, an extra way to make a bit of coin for gear and training, not to mention saving for my epic ground mount.

Well, first of all, I hop over to the auction house, and purchase a stack of arcane crystals and a stack of thorium bars. I make up my arcanite, go to look at the current prices (so I can undercut them by a gold or two) and see that with the recent overload of arcanite on the market, the price on my server has dropped  from 20 gold a bar to 10. No biggie, i can make more of them to make up for the lost profit. Then I see that there is 576 pages of arcanite bars, all in stacks of either 1 or 20.

 

I am stunned at peoples stupidity, considering the fact that there are only 3 different sellers on the first ten pages (believe me i checked) This is common logic here. If the consumers demand 10 units of product in one day, and you flood the market with 200, that leaves 190 units leftover as a loss of profit. Well, the longer you hold these excess units of product, you lose profit.

What is the first reaction that people seem to get when their goods don't sell the first two times? Drop the price. Seems smart, but then you realize that that sends the consumers into a purchasing frenzy. They NEED 10 units a day. But if the CAN get 30 a day, for the same price as the 10 they paid for yesterday, they will purchase 30. That is enough for 3 days. Now look what you have done! You have dropped the value of Arcanite Bars for three days, because nobody needs them. Even if all the bars get used up, the consumers need more. They buy more.

Well, that means the producers have to make more. This makes a beautiful boom for about a month, as the production and profit margins rocket upwards through the ladder (The ladder in this case being 1) The miners who harvest the thorium and the arcane crystals 2) The alchemists who transmute them into Arcanite, and 3) The consumers purchasing the Arcanite to make goods) After a month, the rocket shoots downwards.

I will use an similie here to explain things further. If you shoot a firework (the profit rocket) upwards, it makes a pretty pattern in the sky, pleasing people. But if you shoot it downwards, it starts a fire that can cause serious problems, take a long time to put out, and even a longer time to fix the previously mentioned problems. So, our rocket went up, made the people above the primary consumers happy, but now the rocket shoots down. Any armor, weapons, jewelry, and other equipment will also drop in value because of the ease to get the supplies.

If a chestpiece (made up example, not a blacksmith so I am unfamiliar with their recipes) takes 4 Arcanite bars, 3 golden pearls, and 20 ironfeathers, it will be marginally cheaper to make because of the reduced cost of Arcanite. If a blacksmith makes this item, they make more profit on it. But wait! Because it is cheaper to acquire the materials and make the item, the consumers are not willing to pay as much money for it. So now, the blacksmith loses money because he has to drop the price on his chestpiece.

Well, I assure you that it isn't just one blacksmith affected by this sudden change in prices. All of this is caused by the handful of stupid people who have mass produced Arcanite, just because they can. Looking back at this post, i look like a raving lunatic, but to the few of you who understand this mess, you aren't the stupid people. It's 12:33, so I am signing out. Leave some comments, but no flamng please. It just annoys people (like me)

shizzie writes:

well, you kinda over xplained a simple point. This happens alot,with different things being made more available,you failed to mention the fact that primal nethers are also nolonger bop, and are now sold in the ah, cuz this had a opposite effect, sparking mew intrest in the BS skill,this also brought new hew end buisness to current BS's,and caused some high lvls to trade in an old trade skill for BSing. sense they could now easily create the upgraded forms of the lvl 70 epics. This of course stimulated the market for many things BS related on the ah.

Mon Apr 14 2008 8:54AM Report
dethgar writes:

On my server I've been selling stacks of Thorium for 25g each, and stacks of Fel Iron for 40g each. A friend of mine who is an alch had expected the price to go up on them, but I tried to point out that because they're easy to craft now, the price would bottom out. He spent around 500g on a few stacks of arcane crystals before the patch, I provided the thorium. So far he's sold half his stock for around 15g because the arcanite bottomed out at 1g 50s. He equated the WoW AH too closely to a real market and is now paying for it in a big way.

Mon Apr 14 2008 10:11AM Report
Kodell writes:

Crafting  is a stupid way to rely on making gold in WoW.  You can now do all 25 dailies and make 500g+ in just a few hours.  And if you pick two gathering skills, you can sell the items for lots of gold.  And keep just what you need to have items crafted for yourself by others.

Mon Apr 14 2008 1:02PM Report
alakram writes:

You are way too smart for wow, really, no flaming here. ;)

Mon Apr 14 2008 1:22PM Report
Sketch5 writes:

Did anyone else find the spelling error in the title amusing?

 

Anyway, I don't think the majority of WoW players have the intelligence or insight you have, so I'm not sure if the dynamics of the market would work the same way.

Mon Apr 14 2008 2:05PM Report
jmahoney writes:

Sketch, i think you and i are the only ones who even say that little error. That was my attempt at humor mate, the whole me griping about stupid people and then spelling a word wrong. Guess it's not that funny if i have to explain it.

Mon Apr 14 2008 5:19PM Report
alex1111 writes:

Why would anybody say it that way, you can easily get your point across in a polite and courteous way. Lets all just get a long.

--------------------------------------------------------------------------------------

alex iglesia

<a href="http://mymmoshop.com/buy/world-of-warcraft-us/gold/index.php" rel="dofollow">wow good</a>

Wed Nov 04 2009 7:00PM Report
alex1111 writes:

Why would anybody say it that way, you can easily get your point across in a polite and courteous way. Lets all just get a long.

-----------------------------------------------------------------------------------

alex iglesia

[url="http://mymmoshop.com/buy/world-of-warcraft-us/gold/index.php"]wow good[/url]

Wed Nov 04 2009 7:02PM Report

MMORPG.com writes:
Login or Register to post a comment