Of course they do, but they have zero incentive to sell it on the ah without someone first buying it for $20.
I guess you are saying Blizzard is buying it off they AH, I suppose that is possible.
Of course they do, but they have zero incentive to sell it on the ah without someone first buying it for $20.
I guess you are saying Blizzard is buying it off they AH, I suppose that is possible.
What are you smoking? Someone buys the token for $20, Blizzard then buys it for /create15000gold.
I understand what you are saying now, pretty sure this is done by CCP Games in Eve.
The whole auction house is just an façade for the token.
The illegal websites started to raise their conversion prices, somehow the token also was competively pricing itself against them… Not really how a market reacts but a competitor.
Someone could make a textbook example of competitors in a market by using the Token and those websites. How is a “free market” pricing out a black market?
Now that I think about it Bonerover, they have to print that gold, if they are not selling, otherwise its a massive rip off in Real Money transactions.
Could you imagine if I bought 5 tokens and they didn’t sell? Or if they sold for half of what the shop said they would?
Valid observation.
My server tokens dropped from 11k gold to 7k gold this morning.
So I’m sure that is happening to people right now.
It would be interesting if a token auction expired. I haven’t seen one yet even in retail.
I want to know who is the lead economist that monitors the in Game AH, CCP legitimately has someone doing this. That is why they are able to make it work with Eve Online, its like they got some intern playing George Soros, without understanding inflation in WoW.
I don’t have to tell you things are bad. Everybody knows things are bad. It’s a depression. Everybody’s out of work or scared of losing their job. The dollar buys a nickel’s worth. Banks are going bust. Shopkeepers keep a gun under the counter. Punks are running wild in the street and there’s nobody anywhere who seems to know what to do, and there’s no end to it. We know the air is unfit to breathe and our food is unfit to eat, and we sit watching our TVs while some local newscaster tells us that today we had fifteen homicides and sixty-three violent crimes, as if that’s the way it’s supposed to be.
We know things are bad – worse than bad. They’re crazy. It’s like everything everywhere is going crazy, so we don’t go out anymore. We sit in the house, and slowly the world we are living in is getting smaller, and all we say is: ‘Please, at least leave us alone in our living rooms. Let me have my toaster and my TV and my steel-belted radials and I won’t say anything. Just leave us alone.’
Well, I’m not gonna leave you alone. I want you to get MAD!
I don’t want you to protest. I don’t want you to riot – I don’t want you to write to your congressman, because I wouldn’t know what to tell you to write. I don’t know what to do about the depression and the inflation and the Russians and the crime in the street. All I know is that first you’ve got to get mad.
You’ve got to say: ‘I’m a human being, god-dammit! My life has value!’
So, I want you to get up now. I want all of you to get up out of your chairs. I want you to get up right now and go to the window. Open it, and stick your head out, and yell: ‘I’m as mad as hell, and I’m not gonna take this anymore!’
I want you to get up right now. Sit up. Go to your windows. Open them and stick your head out and yell – ‘I’m as mad as hell and I’m not gonna take this anymore!’
Things have got to change. But first, you’ve gotta get mad!…You’ve got to say, ‘I’m as mad as hell, and I’m not gonna take this anymore!’
Then we’ll figure out what to do about the depression and the inflation and the oil crisis. But first, get up out of your chairs, open the window, stick your head out, and yell, and say it: ‘I’m as mad as hell, and I’m not gonna take this anymore!’
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They have all the incentive… Just to make sure you understand this is fake gold, not real gold. If I can make a digital currency with no cost behind it and sell if for real currency at a pure profit, there is a ton of incentive to do it.
Ya I am not gonna quit until my guild does I am in this for them until the end of Wrath. I have had a good time with them this past year. This is the environment we live in and unfortunately not much you can do about it.
Gonna make the best of it for now. But it does solidify my desire to not continue once the goal our guild set out to do is complete. ICC can not come fast enough.
Yet the SEC wants to sue crypto currency companies, this is literally the same thing only difference is the currency for the player is Time.
Laws need to be passed about “digital items” in games. It is extremely predatory.
[Section 5(a)] of the Federal Trade Commission Act prohibits “unfair or deceptive acts or practices in or affecting commerce.” Per the rule, unfair practices are those that cause, or are likely to cause, injury to consumers, those that consumers cannot avoid, and those in which the benefits of the product or service do not outweigh the deception. Deceptive practices are defined as those in which the seller misrepresents or misleads the consumer, and the misleading practice is substantial.
11.5k Gold yesterday, 7.5k Gold today that is deception.
For a casual player 4k gold is hours of farming the service and product promised to someone who purchased said token last night and decided to sell today has been deceived.
Where is the bleeping downvote button to this post Blizzard.
Token + GDKP = Pay to Win (now officially endorsed by the developer, who failed to fix RMT cheats and bots).
I never thought they’d sink this low. I never thought they’d abandon one of the core principles of Classic itself.
Take my like, based CC member.
$20 for 7k gold is a hilariously bad deal