Like I bought a token from blizz this morning and sold it at about the peak at 314,000 and it sat there for about half the day, unsold. Then it eventually sold, but the price of tokens was at 300k. So there’s no way that mine would have been bought at the 314 price point.
I can only assume that tokens are guaranteed to be sold after a certain amount of time no matter if there’s a human buyer at that price point or not.
Yep. This. This does mean that Token Economy isn’t entirely 1:1. If you sell a token for 350k and someone buys it for 365k, you get your 350k and they lose 365k. Economy just ate 15k.
Same for your example. Economy gained 14k from nothing.
Not sure about if there’s any protections for non-selling tokens. I’d wager there’s enough people interested in them that isn’t not really an issue. But on the off chance “the server” buys tokens that aren’t selling fast enough, then the above still applies to sales that do go through actual people, and the “server” buyouts would just be an extreme example of the “economy gains” side of this.
*note: ignoring AH cuts here. That’s normal gold sink stuff. Do they even apply to tokens?
If it’s true and the “server” buys the token if a human doesn’t, it means the opposite of this. It means that the in game price for a token is artificially inflated. That means there could be 100,000 tokens bought from blizzard with 1,000 in game buyers and the price would never drop.
They’re guaranteed to sell in 2-12 hours. Yes, that means some of them are purchased by Blizzard. Yes, that means that Blizzard occasionally injects gold into the economy.
There is nothing written that stats that Blizzard will generate the gold to pay you for the token . It is stated its an exchange of gold between players .
So hypothetically speaking if the other player doesn’t want to buy your token , its not going to sell .
But remember the price is not made by the player like how you normally sell stuff in the auction , so there is no undercutting and hte price of your token will vary even while its on the AH