I was getting ready to buy a token with gold when the price spiked about a week ago. I’ve read that may have been caused by people buying tokens with gold to get store credit to pay for Diablo. I was wondering how long it might stay up, or if there are other factors keeping the token price up. While nobody really knows, anybody want to guess about how much the token price will drop after the diablo excitement dies down? There was a point a few days ago when the price hit 245000, I decided to wait, figuring it would eventually go lower in a couple of weeks or so.
Huh. Maybe i should sell one. I could use 250k.
In general, the gold price on tokens continues to increase until the next expansion comes out.
It was recently announced that subscription prices is other countries are on the rise (Ukraine and Turkey… Ukraine, really? WHY). Thus, tokens are a resource many will buy up to offset the actual currency increases. Since more tokens are being bought, market values on AH go up.
You can check out the article on GamerRant. I’m not cool enough to link the article, but it was published yesterday by James Ratcliff as the author if ya wanna Google it.
Hard to say, people will probably be buying diablo all month and there might be another rush on tokens during blizzard’s summer sale at the end of the month. Might see token price start to decrease in July.
Can you use blizzard balance to buy the platinum needed for D4 cosmetics?
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Yes you can, that’s how I’ve been getting mine. Hopefully it stays this way but wouldn’t be surprised if it doesn’t.
Saw the tokens at 280k earlier. There’s definitely an influx in people buying.
Here you go.
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Blizz has most people thinking token prices are set by the players but i doubt it.
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And potentially a decrease in people selling as they switch their attention to D4. No need to buy WoW gold if you’re playing a different game.
I assume Blizzard uses the player data (how many people are buying and selling tokens), but exactly how much the price fluctuates based on this data is obviously determined by Blizzard.
You would need a large amount of players buying the token to drop the price. Basically a 9.2 style event (last iteration of legos) of SL game forcing players to make expensive purchases, an event were players had to buy something with gold and it costs a lot of gold.
Right now there is no large reason for people to buy gold with their cash to drive token prices down.
There’s a bigger demand for Blizzard balance now than WoW Gold, because people are turning in their WoW Gold for Blizzard balance for the Diablo base game, cosmetics, and still some lingering Overwatch 2 seasonal stuff. Meanwhile there’s not enough things that people want WoW gold for, as the current raid tier and the need for consumables for it is tapering and materials for consumables are more plentiful and cheaper.
Gold-bought token prices might ebb a little as the aggressive Diablo-ing goes down a bit, but I wouldn’t expect to see larger movement on it until the next raid unless they put some new gold sinks in WoW.
Sadly, I think that WOTLK Classic gold is its own sealed-off system with its own market, so all that new demand didn’t affect retail gold-bought token prices.
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I got 279k for one the other day. Bought at a high water mark, was quite proud of myself.
I have no immediate plans for the money either so if it crashes back to 140k-something I could potentially buy two months for 20 bucks.