When do you think the price will fall out on this inflated commodity? The supply is through the roof.
Mycobloom is actually useful - it is used in cooking and a lot of alchemy recipes.
Via alchemy, you can also turn mycobloom into storm dust, bismuth, weavercloth and ominous transmutagen. That means the price of mycobloom is related to the prices of storm dust, bismuth and weavercloth. If the price got very cheap alchemists would just buy it and turn into the other items to sell.
Look at the rising supply and the price history. The price is set to crash shortly.
it will only crash if the price of the same ranked storm dust and bismuth crash as well. You probably don’t understand thaumaturgy - the new alchemy skill - it is new in war within. If you were only talking about mycobloom alone the price would have crashed already.
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I am a thaumaturge. Mycovloom is priced to high to be profitable to a thaumaturge right now. Hence why the buying has stopped and the supply has gone up. You can see the ripple effect into the price of weavercloth as alchemists are no longer crafting it.
These are the current AH prices of reagents involved in rank 2 thaumaturge of mycobloom.
Mycobloom 20g
Weavercloth 44g
Bismuth 32g
Storm dust 39.6g
If you thaumaturge 500 mycobloom I would normally get
60 bismuth
60 weavercloth
60 storm dust
As well as some ominous transmutagen.
So at the moment youd be spending 10000g for just on 7000g (you also get extra from ominous transmutagen and other reagents).
If the price for mycobloom went below 14g and the other reagents stayed the same it starts to become profitable to buy mycobloom and sell the other reagents. But this rarely happens - but it does set a floor price for mycobloom - ie its price is not independent from the other reagents.
The thaumaturge chain involving arathor’s spear is more often close to being profitable.
Arathors spear has never been profitable. It’s been Mercurial or ominous since the start of the xpac. Recently, someone has been pumping the price of mycobloom, but you can see the supply blooming. Shortly after mycobloom went up to 20G, weavercloth hit 47g. Thaumaturges aren’t buying and there is not enough demand to gobble up the remaining mycobloom.
Whoever is inflating the price of mycobloom will run out of gold and realize their mistake soon. The price will crash back to about 16g. It’s only a matter of time.