Yes, you can move your fingers on the keyboard and type it. I can type “the sky is falling” but that doesn’t make it correct.
However, I am correct.
wouldn’t blizzard purchasing the tokens accomplish the exact opposite of what the tokens were intended to accomplish?
Nope. The tokens are intended to make money for Blizz. They’ve never failed.
I have reached the conclusion (bit slow this morning) that this person is just trolling.
I am therefore muting this post and making myself a coffee and toast because they will be much tastier than interacting on this nonsense any further.
Yes, it’s a monetary transaction. They can’t take your money without the guarantee of a return.
It’s less the question of if it’s guaranteed and more a question of if it ever actually happens. There might be enough actual players buying them that it never gets used.
So this is the way it sounds to me.
You buy a token, and put it on the AH for a price. When it sells, you are guaranteed that price.
Meanwhile, people come to the AH to buy a token for gold, and they see a price.
When they pay that price, they get a token.
The disconnect is that there’s nothing that says that the price paid for the token on the AH is the same price as what the player with the token is selling it.
The player who sold it, sold it at the “market rate”.
The player buying it is also buying it at the “market rate”. But these need not be the same.
Consider this scenario.
The token is at an all time high, and thus the market receives an uptick in folks selling tokens for gold.
Similarly, folks wanting tokens are saying “Whoa! That’s too high”, so they do not purchase them.
Since demand has been reduced, the price need to come down to entice buyers. But those who got in “at the top” are guaranteed a sale.
This suggests that when a player lists a token for X gold, and the player buying the token for Y gold, Blizzard is compensating one side or the other to make the sale.
The person selling the token may be selling it for 350K, but the person buying it might buy it for 325K. Blizzard has to create 25K to feed to the seller to make up the difference.
As a corollary, person puts one up for 325, and person buys for 350, Blizzard sinks that difference.
That’s the only way it can work, because otherwise, prices would spike and demand crash, without the selling price adjusting down, and tokens not being sold.
How much NET gold is being created or destroyed is a different issue. We can’t know that.
Here is the official FAQ. Don’t listen to made up stuff on this forum.
Yeah thats not actually evidence of blizz buying your tokens, just evidence you don’t understand what an estimate is on top of not understanding how the system works
If they’re guaranteed to sell no matter what in 12 hours, and blizzard will fill in the gap between your asking price and the buyers pay price, what’s to stop you selling tokens for millions?
you don’t get to choose the price you list at
you can list at whatever the current market price is.
Ah thanks for the info. It’s possible the 2+ hour wait is to stop it being used as a medium for gold selling then, as it’s anonymous and delayed
Why did you quote the word occasionally and spell it wrong after they had spelled it right? or was the spelling not the point?
it wasn’t the spelling.
dude thinks blizz “compensates” players by throwing gold around
I’ve sold a token. The 12 hour thing is true. Says it when you go to list it.
dO yOuR oWn ReSeArCh, BrO
Blizzard does not purchase unsold tokens; they never have. Your token will sit in the AH until a player buys it. The only thing Blizzard guarantees is that you will receive the token price at the time the token is posted. If the token price is 300k gold when you post it and the price goes up to 350k, you get 300k gold. If the price drops to 200k, you get 300k gold.
I mean it’s mostly AH goblins and boosters that buy them. They make butt loads of gold easily and can in turn convert the gold they earn into tokens.
Your token sells in between 2 and 12 hours.
Estimated sales times are not guaranteed and are not proof Blizz buys them. Last time I sold one, I was told 30 minute estimate, not 2 to 12 hrs. That’s not because Blizz buys them.
Link above (from Blizz) stated it may take several days to sell it.
Unless you have a better source, you’re just flat out wrong here.
I’m pretty sure at one point when you bought tokens they explicitly stated that if they don’t sell after a certain period of time you would have to try and sell another one again. I don’t buy them often enough to remember what the in-game warning says, but going off the information on them from their site and terms there isn’t anything explicitly laid out to state that they buy them after a certain amount of time. It’s more probable that due to the to the amount of boosting and so forth present in the game that there is a consistent enough economy for them to have them reasonably sell within the time frame is all.
Other than some misinformation about Blizz buying out unpurchased tokens that someone made up, most of the other information has been accurate.
- You’re guaranteed the price at which you put your token into the AH for.
- The tokens are sold in a region-wide AH in the order they’re put in there.
- If you put your token in and accept that you will get 300k gold and the market shift in either direction, you get the 300k gold when your token hits the front of the queue.
Information that’s was provided but is incorrect:
- There’s no 2-12 hour limit. That’s not a thing nor is there any supporting documentation to support that
- The only delay might be receiving your token after purchasing it from the shop. Due to fraud, there are, at times, delays. But once you have the token, it will sell as soon as it reaches the front of the line. It rarely ever takes long for this to happen and in times of high-demand, we’ve seen them sell almost immediately.
- Blizzard has no need to purchase your token when players are happy to do so.
- Once in the AH, a token stays there until sold to a player. It never leaves the AH and you can never re-list it.