Over the course of like 3-4 days the value of gear items to runes seems to have collapsed by nearly half.
What is going on? In a week I’ve managed to turn 5 ist into about 1 ist because I bought items (at good, low prices) to flip but those same items are now just a few days later trading at half or lower price as a week ago.
I’m pretty crushed right now, as after a week of heavy playing and trading I not only have not progressed, I have actually seriously regressed due to finding no tradable drops and losing serious value on the trades I have made.
Anyone else in the same boat or notice the same thing? Did everyone just suddenly realize all at once that runewords are incredibly OP and most uniques/sets kind of suck?
I can’t get dick in trading for runes anymore - ingame or via traderie site.
because there is to many of the same item like shako, oculus, vipermagi, etc since everyone is doing magic find there is tons of all the items and runes around
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Drop in demand, perhaps?
I can’t confirm, myself, because I only play solo offline, but people have been saying that item selling sites are up and running, full-bore, already.
Higher offer and lesser demand, simple.
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This is nothing new at all…
Every ladder, the same thing. Week one, hot as hell…
Week two , not so much…
Week three… things start to settle…
1 month in, pretty avg prices everywhere.
Nothing new at all.
The only thing new, is there is no ladder, so this is basically like standard league (non ladder) which means, things will only KEEP dropping.
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I understand basic economics, what is suprising is the very sudden drop of item value in just a few days.
I would agrue different, and say, you are not seeing things drop, you are seeing things become realistic.
Cmon, Week one (which is actually more reasonable then, last night…) even last night, i see TKey for Pul?
WTF, in what world, outside of pure lucky coincidence someone needs only that single key (in which case they would have made a game Pul 4 TKey), is a tkey worth a pul?
Nah, with all the new players, i have seen some outrageous crap.
Hell, there seems to be a plethora of players that think Mal is a HR.
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It’s supply and demand. The items people find are going up, making more circulate. Rune values never move. They are always useful for what they make, and people are always trying to make perfect runewords.
Shako, Occy, etc…was high because of the demand when most people started with a sorc. Now those sorcs already have those items so the demand for them went down hence the price drops. That’s why if you want to play the market, you have to consistently monitor it.
Not to mention. We have more players MF’ing now vs the first two weeks so supply increases.
Historically, Ptorch is the most expensive torch, but it’s pricing under storch right now (same to pcomb vs cold skillers). That’s because there’s just less pallies in general vs sorcs (enigma is expensive so less hammerdins).
Simple economics. Supply and demand. Take note because ladder is going to follow the exact same pattern.
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im fireselling everything for runes now because of this - still might just quit until ladder because having lost the trade game - there is only grinding left to progress
this is how it always goes. when economy is new there is low supply and prices are high. as time passes they drop, except for optimization items and very high value stuff. oddly enough those will rise as people get richer and have more to spare since they are geared, so are willing to pay more for those really specific items.
If we are talking fg here, you can also always see the movements coming.
You usually see a discrepancy in supply and demand at current market prices before the price really changes. Then, people start to addept and it makes a pretty big shift. Can go both ways.
For example, 3 weeks ago, many natures peace rings were offered, noone was buying. I bought one cheaply. The week after, lots of people were trying to buy the ring for the same price i got mine, but demand grossly outscaled supply. Yet noone really offered to pay more because they figured “that was the price”. Took a few days before people started to outbid eachother and the price rapidly doubled.
Reverse happened for stormshields (i play hardcore, they are sought after there). More and more SS started to be offered, few people wanted to buy. Yet price on offers remained constant, many went unsold. Then people started to lower their prices as they figured they weren’t going to sell and quickly the price halved.
You’re the exact reason they dropped. Fools like you buy up all the “low” priced items, creating a median purchase cost, then assume you can “flip” them but you’ve already created a base for these trades. No one in their right mind will pay more for something they know the average cost for. You dug your own grave trying to be a greedy d2 trader.
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Pretty much. I came out on top of the trading game with a pretty decked out hammerdin (no d2jsp). I have enough assets that I would pay Vex + Ist for a perfect Shako so I have something worthy to socket a 9 dex/15 all res jewel.
What’d you get yours for? I traded a Lem rune to get one earlier this week. Curious if I should go for one right out of the gate if I can get a better deal when ladder starts.
interesting point about the median purchase cost, could do without the insults though, thanks
How does one lose a game that never ends?
I payed the equivalent of a lem rune roughly 3 weeks ago, it was worth an um rune little later.
I am hardcore though, values probably are different
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It’s not so much that rune values don’t move as it is they are used a currency so everything else is valued to them. The value of certain runes goes down as the supply of them increases as well. It’s just standard inflation.
The supply of currency is increasing every day as well as other valuable items.
As the number of HRs go up the value of expensive rare items become worth more HRs.