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 Gem Talk v1, Gem market, trading and price!

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paranoid
post May 17 2013, 10:37 AM

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QUOTE(Gecko @ May 17 2013, 10:29 AM)
my guess is ppl cashing out the "duped" gold via gems ... rubies shot up in price eversince sum1 posted a screenshot of a player with 444beez buying 21k RS rubies  biggrin.gif
waaahhh sold 20RS rubies .. u must be rich now  tongue.gif
*
cashing out rubies? but the RS gems in RMAH is damn cheap now. it used to be 5x-7x the price
Gecko
post May 17 2013, 10:48 AM

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QUOTE(paranoid @ May 17 2013, 10:37 AM)
cashing out rubies? but the RS gems in RMAH is damn cheap now. it used to be 5x-7x the price
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even if its cheap .. when they make the beez out of thin air its still profit for them biggrin.gif
think about it .. they dupe billions of gold .. blizz raises the stack of gold sold in RMAH 10x, ofc the 3rd party gold seller will lower theirs more to compete ... gold loses value with each day, so either they cash out using gems (GG gears that can be bought in GAH then resold in RMAH are hard to come by these days with all the BoA from suspended account etc) @ stockpile RS gems as their new currency/long term investment.
Sabenarian
post May 17 2013, 10:49 AM

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QUOTE(Gecko @ May 17 2013, 10:48 AM)
even if its cheap .. when they make the beez out of thin air its still profit for themĀ  biggrin.gif
think about it .. they dupe billions of gold .. blizz raises the stack of gold sold in RMAH 10x, ofc the 3rd party gold seller will lower theirs more to compete ... gold loses value with each day, so either they cash out using gems (GG gears that can be bought in GAH then resold in RMAH are hard to come by these days with all the BoA from suspended account etc) @ stockpile RS gems as their new currency/long term investment.
*
In EU ruby also expensive... damn AH tycoon pushing players to buy gems in RMAH.. vmad.gif

This post has been edited by Sabenarian: May 17 2013, 10:50 AM
paranoid
post May 17 2013, 10:55 AM

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dunno will hit 50m boh lol
Gecko
post May 17 2013, 10:57 AM

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^^
exactly bro .. its easy to inflate the price of gem in GAH when u have lots of RS gem ...i.e post lots of RS ruby at way above market price altho u know it wont sell, will raise the overall market price & when the "small time" gem sellers follow suit by selling their RS ruby a higher price, the price spike will increase as a result.

This post has been edited by Gecko: May 17 2013, 10:57 AM
Sabenarian
post May 17 2013, 11:01 AM

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QUOTE(Gecko @ May 17 2013, 10:57 AM)
^^
exactly bro .. its easy to inflate the price of gem in GAH when u have lots of RS gem ...i.e post lots of RS ruby at way above market price altho u know it wont sell, will raise the overall market price & when the "small time" gem sellers follow suit by selling their RS ruby a higher price, the price spike will increase as a result.
*
I thought you also gems Tycoon too tongue.gif
Gecko
post May 17 2013, 11:06 AM

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QUOTE(Sabenarian @ May 17 2013, 11:01 AM)
I thought you also gems Tycoon too tongue.gif
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hahaha i'm just chicken feed compared to them biggrin.gif .. craft n sell for small profits tongue.gif
MOBAJOBG
post May 17 2013, 11:14 AM

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QUOTE(paranoid @ May 17 2013, 10:55 AM)
dunno will hit 50m boh lol
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Yes, 50m is possible and I'm actually hoping for 75m! gold per piece
paranoid
post May 17 2013, 11:19 AM

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QUOTE(MOBAJOBG @ May 17 2013, 11:14 AM)
Yes, 50m is possible and I'm actually hoping for 75m! gold per piece
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75m too over liao gua.. lol
yuhhaur
post May 17 2013, 11:21 AM

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I was actually hoping for 500k per FL SQ whistling.gif

This post has been edited by yuhhaur: May 17 2013, 11:21 AM
dreaming
post May 17 2013, 11:22 AM

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i do have small amount of balance in battlenet.
was thinking to buy gems and resell at GAH but after read this: sweat.gif

QUOTE(huoshenfeng124 @ May 16 2013, 05:51 PM)
Sabenarian
post May 17 2013, 11:37 AM

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QUOTE(dreaming @ May 17 2013, 11:22 AM)
i do have small amount of balance in battlenet.
was thinking to buy gems and resell at GAH but after read this:Ā  sweat.gif
*
my 2nd account also got banned.. vmad.gif but after appeal >3 times... puji2 sikit Blizztard they unbanned me smile.gif.. btw I dont do like that guy, onli craft/sold my old RS for 150m+ smile.gif

@ think that guy make trillionzzz, thats why he perma banned..

This post has been edited by Sabenarian: May 17 2013, 11:41 AM
waklu
post May 17 2013, 11:43 AM

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QUOTE(Sabenarian @ May 17 2013, 11:37 AM)
my 2nd account also got banned..  vmad.gif but after appeal >3 times... puji2 sikit Blizztard they unbanned me smile.gif.. btw I dont do like that guy, onli craft/sold my old RS for 150m+ smile.gif

@ think that guy make trillionzzz, thats why he perma banned..
*
not beez? but tribeez? lololol
dreaming
post May 17 2013, 11:46 AM

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QUOTE(Sabenarian @ May 17 2013, 11:37 AM)
my 2nd account also got banned..  vmad.gif but after appeal >3 times... puji2 sikit Blizztard they unbanned me smile.gif.. btw I dont do like that guy, onli craft/sold my old RS for 150m+ smile.gif

@ think that guy make trillionzzz, thats why he perma banned..
*
after unbanned, does your 2nd account items all BoA? hmm.gif
Sabenarian
post May 17 2013, 11:49 AM

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QUOTE(dreaming @ May 17 2013, 11:46 AM)
after unbanned, does your 2nd account items all BoA?  hmm.gif
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nope... I also scare to dead bcos that acc have 100K+ ToS, FS, Tears, etc...
dreaming
post May 17 2013, 11:53 AM

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QUOTE(Sabenarian @ May 17 2013, 11:49 AM)
nope... I also scare to dead bcos that acc have 100K+ ToS, FS, Tears, etc...
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100k+ shocking.gif shocking.gif
i see, bro Sabenarian is another tycoon laugh.gif laugh.gif icon_idea.gif icon_idea.gif
Sabenarian
post May 17 2013, 11:55 AM

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QUOTE(dreaming @ May 17 2013, 11:53 AM)
100k+ shocking.gif  shocking.gif 
i see, bro Sabenarian is another tycoon  laugh.gif  laugh.gif  icon_idea.gif  icon_idea.gif
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LoL thats for my BoA crafting la....
metalfreak
post May 17 2013, 12:02 PM

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wah...sampai beli dua account. hardcore sia
Sabenarian
post May 17 2013, 12:07 PM

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QUOTE(metalfreak @ May 17 2013, 12:02 PM)
wah...sampai beli dua account. hardcore sia
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gift from fren la bro..he buy then dont like it.. he give it to me.. smile.gif
paranoid
post May 17 2013, 02:27 PM

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i doubt the TS is telling the truth, im suspecting he's cashing too much amount, or that the RMAH balance he had came from illegal flippling perhaps.


myself and my friends in d3 are buying rubies selling them in GAH for upgrades because it's the most feasible way to convert your RMAH to gold without spending.
i haven't heard of any getting banned.

This post has been edited by paranoid: May 17 2013, 02:28 PM

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