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.
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.