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ToRFutureBoy · Wed, 13th-Jun-2012, 4:37 AM

Time to sell up folks.

I have just set mine up, it takes a little while as you need to verify with an SMS. And also have a paypal account.

Min sale price is $1.25USD. After a quick look nothing seem to be more than around $10USD.

Good hard people. Will YOU be making your fortune from this?

Trinion · Wed, 13th-Jun-2012, 8:29 AM

Nop, I am gonna be the one BUYING

So in a sense I guess, you will be making fortunes off me

**iMSystem** · Wed, 13th-Jun-2012, 8:45 AM

I can't find any gold on the AH, is it just me?

Trinion · Wed, 13th-Jun-2012, 8:47 AM

Not just you. I can't see any either!

ToRFutureBoy · Wed, 13th-Jun-2012, 9:00 AM

You want to buy gold?

**iMSystem** · Wed, 13th-Jun-2012, 9:00 AM

Quote:

Originally Posted by ToRFutureBoy

You want to buy gold?

More curious about the going price

ToRFutureBoy · Wed, 13th-Jun-2012, 9:01 AM

Quote:

Originally Posted by System

More curious about the going price

Ahhhh you want to SELL gold....

Quick Comments

iMSystem:

;)

Fadey · Wed, 13th-Jun-2012, 9:02 AM

Wonder how long until it crashes / gets taken down >.>.

ToRFutureBoy · Wed, 13th-Jun-2012, 9:06 AM

I listed some items this morning.....I'd laugh if I even get the $5 they are listed for.....

US server though...so who knows....

**iMSystem** · Wed, 13th-Jun-2012, 9:07 AM

Quote:

Originally Posted by ToRFutureBoy

I listed some items this morning.....I'd laugh if I even get the $5 they are listed for.....

US server though...so who knows....

Some of the BiS items (Stormshield) have already sold for $200+

ToRFutureBoy · Wed, 13th-Jun-2012, 9:10 AM

Quote:

Originally Posted by System

Some of the BiS items (Stormshield) have already sold for $200+

Oh, so I've screwed myself and they will likely sell huh?

Oh well

Quick Comments

ZiggyD:

Yeah sell this week, you will never make as much as this week

**nirvAnA** · Wed, 13th-Jun-2012, 9:07 AM

Saw some stuff going for 250 USD!!! They usually cost under 6mil gold.

The going rate on unofficial sites is like $10 to 1 mil so beware rmah buyers, let the crazy prices deflate first. Sellers, there is no better time to sell than now

ZiggyD · Wed, 13th-Jun-2012, 12:35 PM

People are paying $250 maxes on items now. Some people are paying way too much on some things based on their gold value :S

Try not to get ripped off.

Wait at least a week to buy, sell now while people are being dumb.

**nirvAnA** · Wed, 13th-Jun-2012, 5:32 PM

Greetings bryan (nirvana),

Congratulations on your successful auction in Diablo III!
Item name 1 Dire Gear
Time of transaction 13 Jun 2012 04:13 AM UTC
Sale price $2.00
Transaction fee $1.00
Applicable taxes $0.00
Your proceeds $1.00

The proceeds from this auction will be automatically transferred to your Battle.net Balance. Please allow up to 72 hours for the proceeds to transfer. To view this auction, please see the "Completed" tab in the Diablo III Auction House user interface.

Yay $1 !!!!!!!!!!!!!!!!!!!

Daboo · Wed, 13th-Jun-2012, 6:03 PM

http://www.ebay.de/itm/251081594866?...#ht_560wt_1396
People going crazy over d3 loot sales lol

Quick Comments

	nirvAnA:	OMG!
	Cyanide:	why is it a comma and not a decimal point?

ToRFutureBoy · Wed, 13th-Jun-2012, 7:03 PM

Nice work Nirvana! hahaha $1! Awesome!

Cyanide · Wed, 13th-Jun-2012, 7:32 PM

unbelievable!

**iMSystem** · Wed, 13th-Jun-2012, 8:38 PM

Greetings Dom (System),

Congratulations on your successful auction in Diablo III!
Item name 1 Stormshield
Time of transaction 13 Jun 2012 02:54 AM UTC
Sale price $235.00
Transaction fee $1.00
Applicable taxes $0.00
Your proceeds $234.00

Not looking forward to losing 15% when I move it to Paypal

Quick Comments

	nirvAnA:	SICK
	Cyanide:	damn nice!

Peleus · Wed, 13th-Jun-2012, 8:40 PM

lol nice! grats System

Daboo · Wed, 13th-Jun-2012, 8:59 PM

Gratz you guys, done very well!

Play game+ get money back+ get future expansions for free due to time investment! I'd say thats pretty good

Will probably farm inferno skeleton king later on and see how much money I can raise for my heart of the swarm project

Azure · Thu, 14th-Jun-2012, 8:02 AM

wow i love that video you linked was very helpful

ZiggyD · Thu, 14th-Jun-2012, 11:28 AM

So second day in. I decided to go into explaining a bit more about why people are buying things for so much.

RMAH Market analysis

Anyone else have any ideas?

Quick Comments

nirvAnA:

Another excellent video. Very well explained!

Cyanide · Thu, 14th-Jun-2012, 12:49 PM

Quote:

Originally Posted by ZiggyD

So second day in. I decided to go into explaining a bit more about why people are buying things for so much.

RMAH Market analysis

Anyone else have any ideas?

I think you're not giving people enough credit, they are more savvy consumers than you'd think.
You did not account for the comparison of stats and "perfect rolls" on items.

Your blender analogy, while some what accurate, works because most people like you and I would not normally take the time to research what blender features matter. Or maybe it's the brand, or some extra feature that pops out at you.

Such pricing tactics will work only from time to time and if a person with a lack of knowledge in the game happens to be, *gasps*, incredibly stupid.

I feel that the bigger reason why people are buying items at seemingly overly high prices is because of the NOW and LATER factor.

Take Gold for example. First few weeks, it was about $35/million. Now, it's about $10/million. People still bought gold early on because they want it NOW, even with the knowledge that prices will drop LATER.

ZiggyD · Thu, 14th-Jun-2012, 1:42 PM

Quote:

Originally Posted by Cyanide

I think you're not giving people enough credit, they are more savvy consumers than you'd think.
You did not account for the comparison of stats and "perfect rolls" on items.

Your blender analogy, while some what accurate, works because most people like you and I would not normally take the time to research what blender features matter. Or maybe it's the brand, or some extra feature that pops out at you.

Such pricing tactics will work only from time to time and if a person with a lack of knowledge in the game happens to be, *gasps*, incredibly stupid.

I feel that the bigger reason why people are buying items at seemingly overly high prices is because of the NOW and LATER factor.

Take Gold for example. First few weeks, it was about $35/million. Now, it's about $10/million. People still bought gold early on because they want it NOW, even with the knowledge that prices will drop LATER.

All great points. I think there are definitely people who aren't researching very much, however, I think most of the large sum buyers are researching and being influenced by pricing. As I said this isn't to say that people are being tricked or that they are dumb, it's all about perception of value.

Great point about the NOW effect. Would have been a great one to throw in because it is having a HUGE effect. The first day craziness is essentially a mix of that NOW feeling with the relative value perceptions created by over-inflated prices.

Hoever you explain it - it's a good time to be a seller! haha.