Diablo® III

2B GAH Gold Cap needs to be raised.

This is what I have been saying in several other post! OP is correct.

Cap it at 1 bil and 50 on the RMAH. OP has ridiculous demands; rubbish.


Honestly what does capping it at 1bil and 50bucks do. All that will do is drive every item worth more to D2jsp and 3rd party sites. This is why the cap needs to be raised.

I ask you honestly. Be honest. If you find a 5bil gold item today. Where do you want the cap to be? I bet you would want every bit of that 5bil gold for that item if you found it.


If I am honest, Blizzard should have never allowed the "RNG" to be in such a way that it generates items that are actually so much worth in the first place.

I mean seriously. 2 billions? Doesnt matter though if its 2 billions of 200 milions when 1 milion was still worth like 2,50$

Some items sell for 250$. And that is what should have NEVER happend in the first place. Many of us had the idea that items in the RMAH would go for 5$ or maybe 10$.

But what we see now ... its simply ridiculous.
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03/23/2013 03:58 PMPosted by Clefmeista
1 BIL or 50!!!! All day every day SON!!


Trolling is against forum policies FYI. Lets keep it clean. If you have nothing to say then don't say anything at all. You have no argument.
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Posts: 1,061
03/23/2013 11:34 AMPosted by huntersghost
This is a double edge sword for a flipper like me.


Why is it a double edge sword we just snipe the 2bil bis and resell elsewhere for 3bil seems pretty one sided to me
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#1 - Work on your English first before you come to the table with any argument, then the rest should fall into place for you quite nicely.

TL;DR .. just for you:

Supply and Demand = Greed. Use your head on this one, it really isn't that hard. You have the only item in D3, that does not mean you need to sell it to the highest bidder. Nobody is holding a gun to your head. If you can't wrap your head around this one, then your completely hopeless.

Worth ruining the game - Look at the current state of D3 and ask yourself if it's really ok. Outside of itemization, what was the next complaint down the pipe from people who mass exited the game? Items costing too much, so ask yourself again genius about worth ruining the game. The game is nothing without it's players. Again, this isn't that hard to grasp.

1. Work on your english
2. Work on your reading comprehension
3. Work on your common sense

Do those 3 before ever coming back to these boards and posting dribble.. understand? Or do you need pretty pictures to help you out?


Oh, so a lot of attacks on me... and again no coherent argument.

I will try to break down how supply and demand works. Do not worry, I will use small words.

- Just because I may have the last pen in the world, doesn't mean I need to sell it for 1B
- Just because I may have the only car in the world, doesn't mean I need to sell it for 10B
- Just because you may have access to rare materials, it doesn't mean you have to sell them to the highest bidder


If you have the only pen in the world what happens if you sell it for 1B. Well, that means that someone wanted it really, really bad. Not only that, but its a reflection of the fact that no one else has one he can get. So he pays 1B for it.

Now what happens. I bet there are still pencil makers in this world. Why are they going to keep making pencils when they can shift to making pens and selling them for 1B? So they start to make pens and sell them for ridiculous amounts of money.

Now, other "greedy" people see all this money the pen makers are getting and start making pens. The price of pens starts to fall. First only a billionaire could afford it. Then only a millionaire. Before you know it, now everyone can afford pens.

Everyone is made better off. And it all started with your "greedy" decision to sell the pen at a price someone was willing to pay for it, which sent the signal to the market that it was time to start making pens.

You are welcome for your econ 101 lesson the day. I hope we learned something.

Of course I expect this all to fly right over your head, and for you not to address any of it but instead attack me. This is a common result when someone has no idea what they are talking about and gets educated by someone that does. It is a self defense mechanism, and I understand. It is unpleasant to come face to face with how little you understand about how the world actually works.
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03/23/2013 04:12 PMPosted by Contra
Why is it a double edge sword we just snipe the 2bil bis and resell elsewhere for 3bil seems pretty one sided to me


This is a great story because its true. Everyone google echoing fury sold for 40bil gold. This will bring you to a youtube video explaining how a Echoing fury that was perfect was sniped on the RMAH for 250 euro's then sold for 7500 euro's or 10k USD. So just saying the poor guy got 250for his hard find and someone else sniped it and got 7250 profit.
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Posts: 1,061


Ah, the if you do not agree with me you are wrong argument. Brilliant, you must be right then. Btw, you are correct about botters, but wtf do you even mean about greed. You don't want good gear? I should not want it? Do you even know what you are talking about?



Again you show your ignorance. Pricing based on supply and demand allocates resources efficiently. For an example of how this works look up economic analysis of anti-gouging laws. They always hurt EVERYONE! They do not allow prices to rise to send a signal to the rest of the market to beeline resources to where they are needed asap.

Of course I do not expect you to bother doing any research to actually understand what you are talking about. After all, you used the "greed" meme. But one can hope you might, just might, want to actually have an idea what you are talking about in the future.

PS. I noticed you didn't even bother to address my explanation of worth, or how you can possibly have a problem with. Oh, I forgot the if you don't agree with you are wrong argument. My apologies.


#1 - Work on your English first before you come to the table with any argument, then the rest should fall into place for you quite nicely.

TL;DR .. just for you:

Supply and Demand = Greed. Use your head on this one, it really isn't that hard. You have the only item in D3, that does not mean you need to sell it to the highest bidder. Nobody is holding a gun to your head. If you can't wrap your head around this one, then your completely hopeless.

Worth ruining the game - Look at the current state of D3 and ask yourself if it's really ok. Outside of itemization, what was the next complaint down the pipe from people who mass exited the game? Items costing too much, so ask yourself again genius about worth ruining the game. The game is nothing without it's players. Again, this isn't that hard to grasp.

1. Work on your english
2. Work on your reading comprehension
3. Work on your common sense

Do those 3 before ever coming back to these boards and posting dribble.. understand? Or do you need pretty pictures to help you out?


What a f***ing retard you are Deadlysynz.

Are you seriously suggesting the 2bil price cap lowers price? Seriously?
The average IQ of the whole forum and the whold Diablo 3 community is dragged down by you. . Grow a functioning brain first before telling others to work on english/comprehension/common sense.

Want a 'greedless' place to live? North Korea welcomes you.
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Posts: 1,061
03/23/2013 04:17 PMPosted by Abomb247
Why is it a double edge sword we just snipe the 2bil bis and resell elsewhere for 3bil seems pretty one sided to me


This is a great story because its true. Everyone google echoing fury sold for 40bil gold. This will bring you to a youtube video explaining how a Echoing fury that was perfect was sniped on the RMAH for 250 euro's then sold for 7500 euro's or 10k USD. So just saying the poor guy got 250for his hard find and someone else sniped it and got 7250 profit.


Yeh exactly the price cap in GAH provided us great arbitrage opportunity
so I don't see why it's a double edge sword to flippers it's entirely beneficial to flippers.

:)
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Yeh exactly the price cap in GAH provided us great arbitrage opportunity
so I don't see why it's a double edge sword to flippers it's entirely beneficial to flippers.

:)


Yeah, the economic turmoil is great for business. The problem is it hurts the long term viability of the game, especially if it gets too bad. I want a long term game to both enjoy and gain profit, not the short term easy gold/money.
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It would be great to hear from a blue on this...

There are so many items that hit 2 billion current bid with over 12 hours left in the auction. We need the cap raised to see where the offers end up and a 15% tax on a 10 bil sale would be a much needed gold sink.

Also, it's nice seeing BiS items on GAH to see what upgrades are possible in the future.
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price floors and price ceilings are rubbish

anyone with a basic understanding of economics knows this

all blizzard is doing is hurting themselves and forcing everyone to d2jsp

honestly, I would rather not be forced to deal with scammers, such much that I would rather pay the AH transaction fees.
Reply Quote
#1 - Work on your English first before you come to the table with any argument, then the rest should fall into place for you quite nicely.

TL;DR .. just for you:

Supply and Demand = Greed. Use your head on this one, it really isn't that hard. You have the only item in D3, that does not mean you need to sell it to the highest bidder. Nobody is holding a gun to your head. If you can't wrap your head around this one, then your completely hopeless.

Worth ruining the game - Look at the current state of D3 and ask yourself if it's really ok. Outside of itemization, what was the next complaint down the pipe from people who mass exited the game? Items costing too much, so ask yourself again genius about worth ruining the game. The game is nothing without it's players. Again, this isn't that hard to grasp.

1. Work on your english
2. Work on your reading comprehension
3. Work on your common sense

Do those 3 before ever coming back to these boards and posting dribble.. understand? Or do you need pretty pictures to help you out?


you're an idiot, supply and demand is like the laws of physics, u cannot defy it

you mess with the market system, guess what, people just find ways around it, its called going to d2jsp and third party sites (see gold not selling on RMAH at all)

ppl like you are the reason why half the world got ruined by communist bull!@#$, please I hope u never run for public office, ty
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Posts: 1,061
Yeh exactly the price cap in GAH provided us great arbitrage opportunity
so I don't see why it's a double edge sword to flippers it's entirely beneficial to flippers.

:)


Yeah, the economic turmoil is great for business. The problem is it hurts the long term viability of the game, especially if it gets too bad. I want a long term game to both enjoy and gain profit, not the short term easy gold/money.


Well then remove price cap/floor I'm all for it. It is for the long term good.
(Edit: not to mention increased gold sink: http://us.battle.net/d3/en/forum/topic/7200183080#1)

I didn't say I want to keep them, it's ironically those self-righteous and judgy bi**hes in these threads who believe price cap/floor serve 'justice' want to keep them.

I called for their removal several months ago and so did other players - for the good of noobs who may list their godly finds for a fraction of their value and against my own 'interest' (don't know if it counts as interest if it's a game but can't find a better word).

Since it's not getting done why not keep taking advantage of it.

Price control like this with a simple price cap and floor never works in any field, country socialist or capitalist, ever (except for short term and non-economical purpose of course) and it's not Blizzard's place or within its capability to tell ppl what the price should be, obviously.

For example I believe Blizzard had them just for technical reasons because they can't be that stupid to actually think the price can be controlled by this simple price cap/floor.
Edited by Contra#6857 on 3/23/2013 4:53 PM PDT
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Posts: 1,061
#1 - Work on your English first before you come to the table with any argument, then the rest should fall into place for you quite nicely.

TL;DR .. just for you:

Supply and Demand = Greed. Use your head on this one, it really isn't that hard. You have the only item in D3, that does not mean you need to sell it to the highest bidder. Nobody is holding a gun to your head. If you can't wrap your head around this one, then your completely hopeless.

Worth ruining the game - Look at the current state of D3 and ask yourself if it's really ok. Outside of itemization, what was the next complaint down the pipe from people who mass exited the game? Items costing too much, so ask yourself again genius about worth ruining the game. The game is nothing without it's players. Again, this isn't that hard to grasp.

1. Work on your english
2. Work on your reading comprehension
3. Work on your common sense

Do those 3 before ever coming back to these boards and posting dribble.. understand? Or do you need pretty pictures to help you out?


you're an idiot, supply and demand is like the laws of physics, u cannot defy it

you mess with the market system, guess what, people just find ways around it, its called going to d2jsp and third party sites (see gold not selling on RMAH at all)

ppl like you are the reason why half the world got ruined by communist bull!@#$, please I hope u never run for public office, ty


+1
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100 Gnome Mage
16090
Posts: 4,167
I got a great idea...get rid of both the GAH and RMAH, and adjust the drop rates to D2 lvls.
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There is a reason Blizzard put a cap on the AH. I don't think it's going to change.

IMO, no item is worth 2B gold.
Edited by Darkness#1980 on 3/23/2013 5:07 PM PDT
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Free market should have no caps. Its why players are hording legacy items...and godly "other" items.

I was looking at the Gold AH the other day and noticed that the really high end items were nowhere to be found. Of course it turns out they were all on the RMAH.

It used to be that 2 Bil gold was worth more than $250 so any quality item could be found on GAH.

Now days 2 Bil gold is like $80-100 due to farmers with 3rd party sites, so AH bots instantly buy anything worth more than the 2 bil cap to sell on RMAH.

So now not only is the value of gold extremely low due to farmers, but you can no longer use it to buy high end items.
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