What I am doing now

You are most likely here because you enjoy crafting. I have been reading up on some of the WoW issues regarding gold making, which make me realize that WoW is not the game for me.

If you want to play a game where gathering and crafting is the cornerstone of the economy, and are not faint of heart, I recommend EVE Online. EVE even has releases purely to support industry. You can play for free if you are good enough manufacturer or trader.

Be the builder in a villainous world.

My journey can be seen at http://foo-eve.blogspot.com.au

For a 21 day free trial, click here (Disclaimer: I do get a bonus if you become a paid subscriber)

29 March 2012

Stockpiling for Mists

In my previous post, I talked about stockpiling for Mists in the most general of terms; giving just a few clues.

This post talks about WoW Midas's inflation chart (go read it if you haven't recently).  It is flawed and incomplete; yet is the most rigourous compiled over time worksheet I know of.  I can pick apart the snapshot of any one item.  What I can't pick apart is the numbers as a whole - especially the comparitvly small month on month numbers vs the year on year numbers.

So what expansion should I stockpile? Classic is meh; BC is interesting, but Wrath mats have real inflation.  It is interesting to note that Cataclysm mats have fallen despite the huge influx of gold from this expansion.

So, we look at the Wrath index on a month by month basis.  Again any individual point can have statisical noise (April and July), but overall, the graph is fairly consistent.

It tells me: No significant price rise while the majority of players still have Wrath mats in their bank, but after those have sold (in about 6 months), then prices rose 200% to 250%.

I see no reason not to expect the same outcome for Cataclysm based mats in the next expansion.

Based on this very general information, as a basic 'what to stock'; a mix of cataclysm mats (basic ore, basic leather, basic herbs) with the intention of selling items after 6 months into Mists seems to be a reasonable option.  This seems to be far better than just letting gold rot (due to inflation) in the bank.

There will be future topics on this, both on my blog and on others.  What to stock coming up to the next expansion will become a hot topic revitalising many blogs and blog readerships.

22 March 2012

Misty piles of stock

Back in the dying days of Northrend, we were asking this same question.  Albeit a little closer to the release date.

There are two things I would encourage readers to look at:

Cold runs a montly blogging carnival here, and apparently he publises the topics around the 11th April. I thank him for suggesting the topic.  Yes, this time I will particpate.

20 March 2012

Misty Minor glyphMass?

I thought I read all the major announcement sites, but it appears I missed a couple.  I really do prefer reading from original sources. However, in reading a few sites I have seen the following hints:

·  No more prime glyphs. They are being removed entirely, and we’re getting many more major and minor glyphs. Apparently there are several hunter major glyphs that used to be hunter talents; however, we don’t know which ones specifically.
·  There will be 11 character slots, so you can have one of each class on the same server.

Rohan also had this article http://blessingofkings.blogspot.com.au/2012/03/bubble-hearth-returns.html, talking about some of the new pally glyphs.

Also I expect many players will delete alts and roll their favourite class as a panda.  

When blizzard adds only a glyph or two, dedicated scribes grab them quickly and flood the market with them.  However, if there are a lot of glyphs being added, providing they are not trainer taught, it will keep me gainfully employed.

Good news for scribes in the days to come.

18 March 2012

We all know the glyph market is dead right?

I got back from my trip, even with a working PC, posted a few auctions thursday night, went to bed.  Raided DS10.

We know that the glyph market is dead.  Even WoW insider said so.

So, I collected my auctions (I don't camp, and am only posting once per day at the moment), and got:
  • 500g in gem sales (that barely covers my deposit on the number of different gems I post)
  • 4000g in glyph sales (horde side)
  • Blessed all in alliance side glyph sales.
I have found that glyph sales are cyclical. 
 More alts or new toons -> more sales.  The new scrolls of resurection won't hurt either.  Prices go up a little.
  • More sales means the competition takes notice, causing downward price pressure.
  • Cheap players buy out glyphs they might want, providing some sales
  • Eventually you get two or three toons slugging it out, and either by 1c undercuts, or by very deep undercutting, you end up without profitable sales.  Either way prices and sales go down
  • Glyph sellers get emotionally tied up in their sales, and stay in the market far longer than any justifcation of gold can support.
  • Then one day, they drop out of the market.  They will often blame outside factors, but I would not be surprised to find that spending hours earning 100's of gold causes outside factors to be more interesting.
  • Prices skyrocket to what the market will bear.

I have seen several cycles of stiff competition.  It really does drive out the other manufacturers.  It even drove me away for a while.  When all the competitors get tired, and dissapear, then prices spring back up again.

But for the time being:  You go on thinking that the glyph market is dead.  Especailly Caelestrasz horde side.  Nothing to see over there.

06 March 2012

PC goes boom

First life called, so I was taking this weekend off anyway.  Plans of an expensive week, fun in the sun and all that goes with that.

Then my PC went boom.  At first it decided to blow the circuit breaker.  Now it doesn't even do that.

4 years ago (can it be that long?) it was a great PC.  Now it is Ok, but creaks and groans in LFR.  Oh well, off to the PC doctor.  Hopefully the stay will be short and sweet, nothing too terminal.

But that next post with facts and figures might wait just a little longer.  And someone may as well move into my Northrend epic gem & nightmare tear markets while I'm more AFK than I had intended.