So I am new, been playing like 3 weeks I think? I have seen the price of Tokens fluctuate 10,000 gold in both directions. It got me thinking, do they actually have an algorithm that raises and lowers price?
I mean, they must right? What is it based on?
Number of people that buy the token for $20?
Amount of purchases on Auction Houses?
Population count and activity?
Money exchanging hands from boosters?
ALL THE ABOVE?
Just purely curious as I studied algo’s for the FBI for 6 years (crypto scams specialist) so it just intrigued me quite a bit. 7
The more tokens that are on the auction house, the lower it goes. When there is fewer, it goes up. Sometimes at the end of a patch or expansion, they skyrocket. Or in the case of the $90 mount and everyone using gold for tokens, they went up BIG TIME for a few days before crashing back down, because people starting putting a lot of tokens up in the gold rush.
Because you can add 30 days of game time or put the money on your Blizzard balance, $15 IIRC. That is their purpose when you buy them off the AH for gold. When you buy a token with real money, your only option is to put it on the AH, it has no other purpose.
Blizzard balance lets you buy game services like faction changes, race changes etc. Or you can buy other Blizzard games Like Diablo 4. You could buy Heroes of the Storm heroes. etc
Like the $90 brutosaur mount I mentioned earlier, a lot of people spent gold on tokens to convert to Blizzard balance so they could purchase the mount. This made the tokens jump up nearly 100k or so.
If there’s more people buying with gold than money, the gold value goes up. Or vice versa. Nothing complicated.
Blizzard isnt going to lose money with people paying for their subs with gold, so they make the gold value more appealing to people buying them with cash until it evens out.
Right now there’s more people buying them with cash to get gold so they can buy carries or raid boe’s with the new season, so the gold price is going down.
The short answer is yes. Blizzard fully controls and manipulates the market prices and allows the value of the token to rise and fall in a way that resembles normal supply and demand economics.
its pretty simple, the less tokens that are available, the higher the ingame gold cost. i dont get why people think its some conspiracy nutjob nonsense.
It only lets you if you buy it with gold. You can’t buy it with money and then convert it basically back to money because that’s nonsensical. I mean maybe there’s a way but that’s just not the point of the system, essentially.