You go to shop, you buy token, you put it on AH and wait for it to sell. This is how tokens work.
Player goes on AH, buys your token or someone elses token for the amount the token is currently valued at. They get two options, either redeem it for game time or for blizzard balance. A token cannot be bought from AH and resold or traded.
who is going to exchange Classic WoW gold for game time of blizz balance?
The people who have enough gold to do it are hardcore and they value that gold.
Why reduce the amount of gold you have when it took twice as long to make than in the retail version for the same conversion?
People who dont want to pay $15 a month and would rather use their excess gold to save that $15. Obviously.
The same reason as people do it on retail. Based on current token rates and efficient gold grinding methods, a person could grind enough gold in BFA to buy 12 tokens in under 48 hours /played. So there are people who are willing to commit a few weeks of their play time just to pure gold grinding, and then they play for free for the rest of the year. People will do that in classic too, mage farming ZF for a weekend pays for your sub for the rest of 2020? Of course people would jump at that, theyâre mage grinding zf anyways.
the number of those people will likely not keep up with demand - thatâs my entire point.
here I was thinking that mages grinding had a purpose for the grind. But I guess itâs just a pastime now? lol
You dont know that
I found this information about wow tokens, to me it doesnt say they are creating wow gold out of thin air as someone buys a token and instead is dynamically changing prices to cover old sales of the gold. So for lets say 1 hour there might be an extra 100g on server but it would equal out after the next gold purchase of a token, but I could also be reading it incorrectlyâŚ
Q: How much gold will I receive when I sell a WoW Token?
A: The gold value of a Token will be determined dynamically based on supply and demand. When you put a Token up for sale, youâll be quoted the amount of gold youâll receive upon a successful sale. If you then decide to place the Token up for sale, that amount is locked in, and the gold will be sent to your mailbox after another player purchases your Token.
Having a set current market price and a straightforward exchange system is the best way to achieve thatâyou donât need to worry about whether your Token will sell or not due to being undercut or the market shifting, and everyone receives exactly the amount of gold they were quoted.
Q: What happens if the price quoted to me is different from what the Token actually sells for?
A: You will always receive the gold amount quoted to you at the time you place a Token up for sale, regardless of what the current price is when the item actually sells.
Yes, say i bought a token for $20 and it was valued at 125g but later that day they are valued at 175g id still only get 125g for that token. Conversely, if i bought it for 125g but later on tokens are valued at 100g id still get the 125g it was valued at when i put it up for auction. So it does balance out.
Ya im not sure where people are getting that it adds gold and inflates anything. At the point of the sale there is a chance of this happening but there is also a change that gold would be removedâŚeither way it is equalâŚI do not see how it adds gold onto every sale??? as long as it is changing dynamically it should be fineâŚ
Its just a false narrative
Find me another market in which case the buyers always out number the sellers.
its possible but they can also take gold out of the system too if the price goes the other way between when its bought and sold. ultimately its not that much either way and tokens always sellâŚalways
there is limit to how much it can move either way in a time period as well
I donât think you understand supply and demand If everyone wants to buy gold and no one wants to sell it the price will adjust until they reach equilibrium you say everyone wants to buy gold now but what if the price is 20$ 100gold. How many people you know who want to drop 500+ on edgmasters? How many people do you know who wouldnt take advantage of a free sub for only 100g? Supply and demand takes care of this.
you have a lot of faith in blizzard. lol
they can set a minimum. they can fix the market however they please to negate any mechanics of supply and demand to fit their agenda.
You have no proof this is happening this is tinfoil hating.
Considering the low price of the token on retail in comparison to the population and sheer amounts of gold that players have on it, that would suggest that there is much more supply than there is demand. Every token may get bought sure but at one point in time when the tokens were 241k+ the supply was having a harder time meeting the demand.
Once shadowlands comes out the token price could go up to 240k again as players are either getting game balance to purchase it or for months long subscriptions.
Either way, youre a bitter anti corporation conspiracy theorist thatll conjure up whatever you can to twist it that activision is doing something shady with the tokens.
You do realize youâre defending the idea that a company, already sued for gambling and illegal gameplay mechanics, isnât profiting on the back end from a market âtheyâre suppose to stay out ofâ.
Yes. Blizzard doesnât care about making the token markets âlegitâ all they care is how many more tokens they can sell.
Iâm not that ignorant to think they arenât fixing it on the back end. Who do they have to answer to if they were to? No one.
tokens are bad for classic.
That is a seperate argument. The OP of this thread is deliberately spreading misinformation. You yourself wasnt even informed.