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 Gem Talk v1, Gem market, trading and price!

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yuhhaur
post Oct 9 2012, 09:19 AM

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How's the price in RMAH?
ronn77
post Oct 9 2012, 12:00 PM

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Just want to ask one question. If someone decided to leave the game, why they want to sell the item for the gold? Afterall the gold is in-game currency and not actual money so they cant bring the gold to their pocket once they quit?

Sorry for this noob question but just wondering why...
TSbiatche
post Oct 9 2012, 12:49 PM

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sell gem/gem+item for gold
and then sell gold at rmah

is just silly.. so much loss

one could sell at rmah cheap then someone else buy gems there to sell for gold.... and cycle it but it makes no sense unless even after 15% fee theres profit still.

inflation or supply and demand or not, there has to be some foul play earlier on causing an overabundance of of gems.
waklu
post Oct 9 2012, 03:15 PM

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is it 9.6m for the largest emerald now? Or i'm seeing it wrongly?
milky
post Oct 9 2012, 04:30 PM

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QUOTE(waklu @ Oct 9 2012, 03:15 PM)
is it 9.6m for the largest emerald now? Or i'm seeing it wrongly?
*
sorry now is 9.4m already
polarzbearz
post Oct 9 2012, 05:35 PM

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QUOTE(biatche @ Oct 9 2012, 09:12 AM)
well said polarbearz

price of anything is of course ultimately derived based on demand and supply

but 1m@asia? that's like 95% quit, remaining players fully equipped

if based on quitters then we must have had a lot of quitters by now who sold for rmah of which others bought cheap? i mean if quitters really just sold off everything then so much for them returning.. even for 1.0.5.

i can accept this if people are selling it cheap for real money.. but selling for less gold don't quite make sense. they'd take the gold and then lose even higher transaction fees @ rmah?
*
As for Asia server, I'm not sure since I don't play there. It could be any reason like duping; gold farmers (more gold = more gems created = market crashed where too much supply, too little demand [ASSUMING the server is flooded with bot]); or any other reasons.

For the second point, it really depends on individual.

If a person truly wants to quit, I doubt he'll care how much it'll be sold for, as long as it can be converted back to real money, since gold can be converted back to cash by rmah / any other means; regardless of the $ earned (since keeping Digital Goods will not really bring them any advantage).

There's people like me as well, holding the gems and not selling due to the low market value, hoping that it'll raise back up so that I could sell it for a profit, even though I have already quit.


yuyuyu
post Oct 9 2012, 05:35 PM

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not sure want to buy now or wait
doodleman
post Oct 10 2012, 02:56 AM

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LOL, radiant star amethyst 6.9m, emerald 9.2m
HenryLow
post Oct 10 2012, 10:42 AM

liddat oso can, you win liao lor.
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emerald 9.1m like that now... WTF...

later will be like Asia server bcome 1m???
ALeUNe
post Oct 10 2012, 11:03 AM

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QUOTE(HenryLow @ Oct 10 2012, 10:42 AM)
emerald 9.1m like that now... WTF...

later will be like Asia server bcome 1m???
*
You want it to be 1m or not? laugh.gif

P/S It's below 9m now, actual price. Surprisingly the ruby radiant star's price shoot up to 17m+.
That's the power of supply & demand.

This post has been edited by ALeUNe: Oct 10 2012, 11:04 AM
HenryLow
post Oct 10 2012, 11:24 AM

liddat oso can, you win liao lor.
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QUOTE(ALeUNe @ Oct 10 2012, 11:03 AM)
You want it to be 1m or not?  laugh.gif

P/S It's below 9m now, actual price. Surprisingly the ruby radiant star's price shoot up to 17m+.
That's the power of supply & demand.
*
i want wor... i no craft gems ma...

u see my gem max only Star... if 1m per emerald i sapu 9 biji... tongue.gif
ALeUNe
post Oct 10 2012, 11:26 AM

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QUOTE(HenryLow @ Oct 10 2012, 11:24 AM)
i want wor... i no craft gems ma...

u see my gem max only Star... if 1m per emerald i sapu 9 biji... tongue.gif
*
Let's hope it keeps dropping to an affordable level then.
For now, let us pray. tongue.gif
HenryLow
post Oct 10 2012, 11:32 AM

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QUOTE(ALeUNe @ Oct 10 2012, 11:26 AM)
Let's hope it keeps dropping to an affordable level then.
For now, let us pray.  tongue.gif
*
praying hard now...

that time i will play back my pity monk... LOL...
OnGx2
post Oct 10 2012, 11:50 AM

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price will keep dropping until notice of next maintenance, so be patient smile.gif
cowithgun
post Oct 10 2012, 12:35 PM

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me iz sad! i bought 2 radiant star emerald for 12 mil each not long ago!

anyway, if it goes down further i will buy a few more!
dotn3t
post Oct 10 2012, 12:45 PM

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LOL same here......i just bought one at 12M.
Wonder what's causing the price to drop so bad....
BboyDora
post Oct 10 2012, 01:32 PM

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It's seem like stock market here.
"the price is on downtrend... Bearish"
ALeUNe
post Oct 10 2012, 01:35 PM

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QUOTE(BboyDora @ Oct 10 2012, 01:32 PM)
It's seem like stock market here.
"the price is on downtrend... Bearish"
*
It depends on the type of gems.
Ruby is bullish now. tongue.gif
wlcling
post Oct 10 2012, 01:37 PM

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wish I have more gold to upgrade my equipment sockets... only can buy 1 now leh... how? visa ah...
HaRuaN.X
post Oct 10 2012, 01:53 PM

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seeing how things is now..i wonder is there sumthing that we dont know perhaps thats going too happen with gems in 1.05, maybe some players got a leak info and decide to sell everything before 1.05 hits out, this could be a possibility..

also what is the total cost gold (only gold) if a player use their own Flawless Square Gem & ToS -> upgrade to Radiant Star ? maybe becoz of paragon leveling, eveyone looted a bundle of Flaw Square Gems & ToS, and frequent loot drop of Gem Recipe...




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