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Diablo 3 Forum » General Discussion » Bnet Balance not transferable to "cash out" ?!

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45 posts found
  Lobotomist

Hard Core Member

Joined: 5/20/07
Posts: 4388

I got so much
trouble on my mind
Refuse to lose.

 
OP  5/08/12 12:25:29 PM#1

I was looking at RMAH FAQ today. And I found one concerning fact :

"Also, any proceeds from the sale of items in the real-money auction house that have been sent to your Battle.net Balance will not be transferrable to the third-party payment service account."

Meaning that you can not sell lot of small things for let say 1 cent. And slowly fill your balance to cash out when it grows.

You will have to either sell for bnet balance or have the money transfered to paypal.

This means that only substential sales will be worth the hassle.

Also bnet balance can not be used for nothing else than buying on RMAH.

 

This make me suspect RMAH will hold only real expensive items and gold in bulk.

All other will be sold in Gold AH. Especially since hardcore characters will not be able to use RMAH anyway.

 

 

 

 

 

  nariusseldon

Elite Member

Joined: 12/21/07
Posts: 11917

5/08/12 12:26:52 PM#2

uh? Paypal *is* cash.

  ProfRed

Apprentice Member

Joined: 10/29/03
Posts: 3540

5/08/12 12:49:06 PM#3

BNET Balance can be used on everything Blizzard besides game time for now, but it could be added in the future.  Game time for WoW I mean.  This is all games (digital versions), all plush toys, minis, RMAH, anything but game time.

Yes you have to have sales transfered directly to paypal or BNet balance, but the end product is the same?  Whether you transfer multiple small listings or you let them accumulate the same deductions are made regardless.

BNet balance has a limit of $250, PayPal is endless. 

My only question on this system is how they will limit you selling to BNet balance when you have $240 and want to sell a $20 item.  I think you will be forced to send it to PayPal.

Also, yes BNet balance is not transferable back to cash, and this is how every system like this as far as I can remember has always worked.  Either send it to PayPal or send it to BNet balance.  Balance can be used on future games, expansions, etc.  I fail to see any issue with this.

  Lobotomist

Hard Core Member

Joined: 5/20/07
Posts: 4388

I got so much
trouble on my mind
Refuse to lose.

 
OP  5/08/12 12:56:49 PM#4
Originally posted by ProfRed

BNET Balance can be used on everything Blizzard besides game time for now, but it could be added in the future.  Game time for WoW I mean.  This is all games (digital versions), all plush toys, minis, RMAH, anything but game time.

Yes you have to have sales transfered directly to paypal or BNet balance, but the end product is the same?  Whether you transfer multiple small listings or you let them accumulate the same deductions are made regardless.

BNet balance has a limit of $250, PayPal is endless. 

My only question on this system is how they will limit you selling to BNet balance when you have $240 and want to sell a $20 item.  I think you will be forced to send it to PayPal.

Also, yes BNet balance is not transferable back to cash, and this is how every system like this as far as I can remember has always worked.  Either send it to PayPal or send it to BNet balance.  Balance can be used on future games, expansions, etc.  I fail to see any issue with this.

RMAH minimum you can list an item for is $1.25 USD

Paypal takes 15%

Blizzard takes 15%

70% left is = 87 cent

 

So what I am saying is that RMAH items will have to be quite expensive for seller to have any benefit from selling them.

 

  ProfRed

Apprentice Member

Joined: 10/29/03
Posts: 3540

5/08/12 1:06:07 PM#5

Ah yeah this is true.  Are you sure paypal is 15%?  I thought it was a bit lower.  You could always park it in paypal though and use that to buy almost anything so save that 15%.  Then you are dealing with your listing fee, and a 15%, but I believe I read them say that they want to do this to keep the RMAH from being flooded with mediocre items.  They have also limited your weekly (10 I think) post count.  Or maybe there is a total limit to have active of 10 and another weekly sales limit. 

Yeah though, the RMAH I think you want to sell items for $3-250.

It would still be the same though if they allowed you to go to BNet and then from there to paypal probably.  Personally it is hard for me to judge because I have no plans of ever sending anything to PayPal, but I can see where some have beef with the fees.

If you compare though it isn't too bad.  XBLA = 30-75%, Apple Apps = 30%, PSN I think is 30%+.  These are things that are your work and you are just distributing on their platform also.  RMAH is Blizz's platform + items they give you in game.  They also probably want a penalty for taking cash out of their system so you recycle.  They know what they are doing I guess.

 

This got me looking for a profit chart I saw before.  Here you go:

http://www.mmo-champion.com/threads/1125566-RMAH-cash-out-profit-table

This is getting the money to your bank account.  If you leave it in paypal and use that to spend on things then you profit another 15%.

  Lobotomist

Hard Core Member

Joined: 5/20/07
Posts: 4388

I got so much
trouble on my mind
Refuse to lose.

 
OP  5/08/12 1:36:21 PM#6

Yes. Thats exactly that.

I think (now) that RMAH will really have only expensive items. For that strange people that want to spend lot of money for virtual goods.

 

  adam_nox

Advanced Member

Joined: 7/31/06
Posts: 1818

5/08/12 2:23:11 PM#7

I find the system retarded.  I think most people would only pay about 3 bucks for the highest tier items.  I'm not saying some people wouldn't pay a lot more, I know they would, but I think those people are a tiny minority.

Outside of those really good items, everything else is probably worth less than 1 dollar to most people.  But I don't even think you can list items for under 1.25 or something, which pretty much removes the real money market for 99% of in game items.

 

It seems like blizzard is just completely unrealistic when it comes to pricing.

  Lobotomist

Hard Core Member

Joined: 5/20/07
Posts: 4388

I got so much
trouble on my mind
Refuse to lose.

 
OP  5/08/12 2:36:10 PM#8
Originally posted by adam_nox

I find the system retarded.  I think most people would only pay about 3 bucks for the highest tier items.  I'm not saying some people wouldn't pay a lot more, I know they would, but I think those people are a tiny minority.

Outside of those really good items, everything else is probably worth less than 1 dollar to most people.  But I don't even think you can list items for under 1.25 or something, which pretty much removes the real money market for 99% of in game items.

 

It seems like blizzard is just completely unrealistic when it comes to pricing.

Yes, exactly my thought

  sacredfool

Hard Core Member

Joined: 5/04/07
Posts: 522

5/08/12 2:43:14 PM#9

Blizzard made a lot of cash selling sparke ponies and the like for much more then 1.25 usd.... so uhm.. I think they actually ARE being realistic. 


Originally posted by nethaniah

Seriously Farmville? Yeah I think it's great. In a World where half our population is dying of hunger the more fortunate half is spending their time harvesting food that doesn't exist.


  expresso

Tipster

Joined: 3/10/10
Posts: 1763

5/08/12 2:58:05 PM#10
Originally posted by adam_nox

I find the system retarded.  I think most people would only pay about 3 bucks for the highest tier items.  I'm not saying some people wouldn't pay a lot more, I know they would, but I think those people are a tiny minority.

Outside of those really good items, everything else is probably worth less than 1 dollar to most people.  But I don't even think you can list items for under 1.25 or something, which pretty much removes the real money market for 99% of in game items.

 

It seems like blizzard is just completely unrealistic when it comes to pricing.

I have faith that Blizzard did a lot of research into the pricing, they have to price it so that people don't post any old rubbish but also so people who choose to take part in the RMHA get enough back to keep em farming.  We all have an opinion but lets be honest blizzard did not pull these prices out of thin air they would have spend many hours pouring over graphics and stats and this is what they came out with.

  ProfRed

Apprentice Member

Joined: 10/29/03
Posts: 3540

5/08/12 3:04:16 PM#11

The RMAH is not made to be flooded with mediocre items that is what the GAH is for.  The RMAH is for trading the good stuff and always has been. 

  Aori

Advanced Member

Joined: 1/28/06
Posts: 1521

5/08/12 6:18:24 PM#12

A lot of misinformation is here..

15% for commodities if they sell (stackable items)

$1 for weapons/armor if they sell

15% to cash out to paypal after the selling fee

2.9% (unknown but suspect) fee from paypal itself after all of blizzards fees

You can't not lose money using this system unless you post a weapon/armor for $.99 or lower (not sure if there is a clause for this) Any profit is better than no profit. It is a matter of what is your time worth, which honestly doesn't take alot of effort to manage auctions and transfer money.

As for the person saying high tier items will sell for only a few bucks well you'll sell some items for far far more ;) tal rashas armor sold for $300-600 dollars for first few months of D2X.

 

 

  Lobotomist

Hard Core Member

Joined: 5/20/07
Posts: 4388

I got so much
trouble on my mind
Refuse to lose.

 
OP  5/09/12 1:41:50 AM#13
Originally posted by Aori

A lot of misinformation is here..

15% for commodities if they sell (stackable items)

$1 for weapons/armor if they sell

15% to cash out to paypal after the selling fee

2.9% (unknown but suspect) fee from paypal itself after all of blizzards fees

You can't not lose money using this system unless you post a weapon/armor for $.99 or lower (not sure if there is a clause for this) Any profit is better than no profit. It is a matter of what is your time worth, which honestly doesn't take alot of effort to manage auctions and transfer money.

As for the person saying high tier items will sell for only a few bucks well you'll sell some items for far far more ;) tal rashas armor sold for $300-600 dollars for first few months of D2X.

 

 

RMAH minimum you can list an item for is $1.25 USD

 

As for someone buying anything more expensive than couple of $

That really beats me ....

  Myrdynn

Hard Core Member

Joined: 3/25/07
Posts: 922

5/09/12 2:32:34 AM#14
Originally posted by Lobotomist
Originally posted by Aori

A lot of misinformation is here..

15% for commodities if they sell (stackable items)

$1 for weapons/armor if they sell

15% to cash out to paypal after the selling fee

2.9% (unknown but suspect) fee from paypal itself after all of blizzards fees

You can't not lose money using this system unless you post a weapon/armor for $.99 or lower (not sure if there is a clause for this) Any profit is better than no profit. It is a matter of what is your time worth, which honestly doesn't take alot of effort to manage auctions and transfer money.

As for the person saying high tier items will sell for only a few bucks well you'll sell some items for far far more ;) tal rashas armor sold for $300-600 dollars for first few months of D2X.

 

 

RMAH minimum you can list an item for is $1.25 USD

 

As for someone buying anything more expensive than couple of $

That really beats me ....

to each is own $5.00 to me is $100 to someone else

  adam_nox

Advanced Member

Joined: 7/31/06
Posts: 1818

5/09/12 8:17:15 PM#15

Two things.  The first is that items will be listed for lower.  You could only have prices that high when fewer people were involved in the selling of them.  Secondly, the people willing to pay that much are so far and few between, it won't matter, and it won't make items worth very much.  The demand simply won't be high enough. 

 

It sounds like, if I understand the system well enough, the thing to do is to sell items for gold, and gold for money. 

  SoulOfRaziel

Novice Member

Joined: 8/23/06
Posts: 410

5/09/12 8:23:00 PM#16
Originally posted by Lobotomist
Originally posted by ProfRed

BNET Balance can be used on everything Blizzard besides game time for now, but it could be added in the future.  Game time for WoW I mean.  This is all games (digital versions), all plush toys, minis, RMAH, anything but game time.

Yes you have to have sales transfered directly to paypal or BNet balance, but the end product is the same?  Whether you transfer multiple small listings or you let them accumulate the same deductions are made regardless.

BNet balance has a limit of $250, PayPal is endless. 

My only question on this system is how they will limit you selling to BNet balance when you have $240 and want to sell a $20 item.  I think you will be forced to send it to PayPal.

Also, yes BNet balance is not transferable back to cash, and this is how every system like this as far as I can remember has always worked.  Either send it to PayPal or send it to BNet balance.  Balance can be used on future games, expansions, etc.  I fail to see any issue with this.

RMAH minimum you can list an item for is $1.25 USD

Paypal takes 15%

Blizzard takes 15%

70% left is = 87 cent

 

So what I am saying is that RMAH items will have to be quite expensive for seller to have any benefit from selling them.

 

thats right, they did this because this way its more advantage to the player to spend this "money" that he made from the RMAH with other itens of the RMAH.

  Unlight

Novice Member

Joined: 12/10/08
Posts: 2586

5/09/12 8:30:16 PM#17
Originally posted by Lobotomist

I was looking at RMAH FAQ today. And I found one concerning fact :

"Also, any proceeds from the sale of items in the real-money auction house that have been sent to your Battle.net Balance will not be transferrable to the third-party payment service account."

Meaning that you can not sell lot of small things for let say 1 cent. And slowly fill your balance to cash out when it grows.

You will have to either sell for bnet balance or have the money transfered to paypal.

This means that only substential sales will be worth the hassle.

Also bnet balance can not be used for nothing else than buying on RMAH.

 

This make me suspect RMAH will hold only real expensive items and gold in bulk.

All other will be sold in Gold AH. Especially since hardcore characters will not be able to use RMAH anyway.

 

 

 

 

 

I've been saying this for months.  Want to trade for anything hard to get -- hard enough that you could spend weeks and months trying to farm it and still not have it drop?  Show me the money, biatch.  Those are the "options" the RMAH provides players.  Loot lottery with pathetic odds or cash.  There will be two winners out of all this though:  Blizzard (of course) and asian farming operations who will use the game's own legitimate systems to conduct business.  They can't even be banned when discovered now.

It's a glorious new day in gaming.

  mklinic

Advanced Member

Joined: 7/29/05
Posts: 1417

5/09/12 8:31:43 PM#18

So if i understand what's being said, you can sell items for "Bnet money" and "Bnet money" cannot be converted to cash. Is that right? Also, you can buy RMAH items using "Bnet money" if you have a balance. Still right?

If both of those are true, then if you run your balance up as close to $250 (or whatever cap is) and then have a friend list some random item for that amount; does he then have the option to get that balance via Paypal?

crappy, but not overly complicated workaround if that is possible. Also assumes you've got a trustworthy friend of course ;)

-mklinic

"There's a point I think we're missing.
It's in the air we raise our fists in."
-from Behind Closed Doors by Rise Against

  Panther2103

Elite Member

Joined: 1/09/08
Posts: 1667

5/09/12 8:32:09 PM#19
Originally posted by adam_nox

I find the system retarded.  I think most people would only pay about 3 bucks for the highest tier items.  I'm not saying some people wouldn't pay a lot more, I know they would, but I think those people are a tiny minority.

Outside of those really good items, everything else is probably worth less than 1 dollar to most people.  But I don't even think you can list items for under 1.25 or something, which pretty much removes the real money market for 99% of in game items.

 

It seems like blizzard is just completely unrealistic when it comes to pricing.

I used to browse the old RMT forums and ebay and such for Diablo 2 items, and hard to get items would go anywhere from 30 to 80 dollars. So people will pay more than 3 for items, if they are hard to get.

  Lobotomist

Hard Core Member

Joined: 5/20/07
Posts: 4388

I got so much
trouble on my mind
Refuse to lose.

 
OP  5/10/12 2:44:02 AM#20
Originally posted by mklinic

So if i understand what's being said, you can sell items for "Bnet money" and "Bnet money" cannot be converted to cash. Is that right? Also, you can buy RMAH items using "Bnet money" if you have a balance. Still right?

If both of those are true, then if you run your balance up as close to $250 (or whatever cap is) and then have a friend list some random item for that amount; does he then have the option to get that balance via Paypal?

crappy, but not overly complicated workaround if that is possible. Also assumes you've got a trustworthy friend of course ;)

Clever, clever !

Obviously comes from EVE player ;)

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