Mommar here.
When I started writing on this little island found in the great sea of the internet, I wanted to enable players to think outside the box. My intentions were to make sure that Gold Goblins expanded their mind to the ability to not just have to be 'go here and farm this' type of gold makers.
But occasionally I see something that was obvious to me, that a player is doing that makes my head spin just a little bit to say 'huh?' As I was trucking along finishing up my Loremaster achievement for my shiny Nimbus disc I was chatting with a guild mate of mine. They had asked me to craft some items for them to raise their ilvl.
As we were chatting I told them that I would need to farm a few Spirits of Harmony for the requirements. They said that was fine, but they threw those things away because they were not a crafter on that toon.
Somewhere a couple of kittens just clutched their little chest and flopped on the ground at the sound of those words. They tossed those poor little Motes of Harmony away like they were worthless. I wanted to find the ethereal trashcan these poor abandoned motes were at to try to save them.
But seriously, I explained to them that the best idea was to save these for later use. There are two vendors (Danke at Shrine of the Two Moons and Krystel at Shrine of Seven Stars) sitting on their little perches ready to grab those hard earned Spirits of Harmony. They have various BOE items included some crafting items that can be given to alternate crafters or save some gold for personal enhancement needs.
But the best bet to me is to stick those little gold mines into the bank and save them. Sometime in a future patch the Spirits of Harmony will probably be made Bind on Equip. And those will be happy days of trading newly freed Spirits of Harmony on the open market. It's a long investment of time instead of grabbing the short term benefits of trading for the items from the two vendors.
So as we continued our chat and I sucked back the tears, poured some root beer out to my spirit homies, I hoped that just a little information could save my guild mate from future torture and abandonment of poor defenseless Spirits of Harmony.
Just remember, Save those spirits. Little Kittens will be proud of you.
Good Luck and Good Hunting
Really????
For Whom Does The Songbell Toll
To Level 90 and Beyond
Tales of a Gold Goblin Bully
Chess Pieces Taking The Field
When Numbers Lie
Arrow to the Knee
Must Have Farming Equipment
But How Much Is It?
You Just Can't Fix Stupid
Trick or Treat Time
Can Pokewow be saved?
Buying Patterns For Investment
How Not To Influence People
Long Term Plans
The Measure Of A Goblin
-
There’s a lot of information to sort through when bidding, buying, or posting items on the auction house. In fact it’s too much for any one ...
-
Today is going to be really fun if everyone participates. Go ahead and place in the comments section your absolute favorite way to make gold...
-
Of all my posts at Just My Two Copper , I think that this farming spot is going to excite my hunter readers the most. In this article I am g...
-
This is a fascinating market that has been around since the start of the Darkmoon Faire. I only learned about it a couple months back when a...
-
This post was submitted by Jens as her application to write here at JMTC. If you would like to see Jens write more then please give her a th...
-
In patch 3.3, Braeg Stoutbeard is going to sell Arctic Furs for 60 Borean Leather (10 Heavy). What does this mean for the speculators? It...
-
Mommar here. On some servers it was a barren wasteland as players ran to get the first few hits on their new gaming drug. ...
-
Scott Alan Smith is a Crook! Edit: Screen shots and proof/explanation of the cookie stuffing Scott has used in the past are present a...
-
Some wow businessmen see the gold cap as their only goal in wow. The glory of getting there is all that matters to them, regardless of who t...
-
I am currently working with other bloggers (to be disclosed at a later date) on a gold making podcast that is going to rock the podcasting w...
Showing posts with label Flipping Out. Show all posts
Showing posts with label Flipping Out. Show all posts
Posted by
J.E. Douglas
at
11:49 AM
0
comments
View Comments
It's the last day of the All Hallows Eve event for World of Warcraft. Trick or treaters will abound outside tonight, searching for candy to consume.
Here at JMTC Iowa branch we have our pumpkins hanging out in a row. Spiderwebs on the doors and scary noises coming form inside (the scary noises are generally there every day in the year).
In Azeroth today is the last day to pick up your Trick Or Treat Pandaria as well as the other achievements for grabbing the baskets all over the known Warcraft world. Just keep in mind that some of the candy pumpkins are hidden behind areas that need to be unveiled via quest lines So lower level players might find it difficult to complete the achievements.
Do not forget to grab the Grim Visage buff for any of your toons that your leveling. Also include any of your players that you haven't brought onto the field of battle yet. Buffs such as these only tick down when your online with them. Having this buff when your ready to start leveling the backup band will become helpful as you continue through Pandaria.
Readers of JMTC gave me a treat of my own. After reading For Whom Does the Songbell Toll I received multiple emails reminding me that you could plant a crop to obtain the quest completion from Farmer Yoon, then scrub the crop and plant your Songbell for the day. This can allow you to continue to obtain the daily reputation points from Farmer Yoon while still giving you access to crops that you might find more useful (Including Songbells).
Have a safe halloween, enjoy candy and scare a few adults. And wear your masks, gold goblin masks are the preferred mask of course.
Good Luck and Good Haunting
Good Luck and Good Hunting
Want to get in contact with me? . Email me at Dragonbearjoe @ gmail. dOT com or find me on twitter at "@JMTCMommar" You can find me hanging out on the Shandris Server, chat me up and I will buy you a glass of juice.
Previous Entries
Steel Negotiations
For Whom Does The Songbell Toll
To Level 90 and Beyond
Tales of a Gold Goblin Bully
Chess Pieces Taking The Field
When Numbers Lie
Arrow to the Knee
Must Have Farming Equipment
But How Much Is It?
You Just Can't Fix Stupid
Trick or Treat Time
Can Pokewow be saved?
Posted by
J.E. Douglas
at
10:11 AM
0
comments
View Comments
I've always choosen to use my powers of gold making for good. Too often do I see or hear people flexing their muscles over how much gold they have (this always entails the idea of flexing over how much dps they do in an instance etc).
But every so often that little sneaky flexing comes out and I have to put someone into their place. Whether it's to defeat the personal ego boss that someone has become. Since the introduction of the BMAH this has happened more often than not.
My guild tends to keep us all informed on whats available at the Black Market Auction House. So if a good idea pops up and someone really wants it we can go and bid. Sometimes it's a little bit of a scuffle to stop being polite (you bid on it, no you bid on it. You really want it etc) but we work it out like a band of brothers and sisters should.
In this case the X 51 Nether-Rocket X-Treme was up for bid. This is the two person mount that you obtain from the trading card game. Mounts generally don't spark my interest but in this case I had wanted a two seater flying mount similar to this. So I decided to send up one of my alternates to the tavern to bid with some gold in their pocket.
With about 30 minutes left I sat there and watched the bid start to climb. It was already at 33000g and a few were hanging around Madam Goya looking for a cheap buy. The price started to climb up by increments of 5000g. A player popped up and bid 55000g and started to try to shoo players from bidding (not sure how that was going to work since my server is PVE server). I could swear that this player (who was alliance) was throwing the World of Warcraft version of a hissy fit. The time started to click down and I had a good idea when the auction would end. I started to jump the bid up by increments of 1000g (Okay, truth be told I was having fun frustrating this player and his tantrum de jour).
About 5 minutes left before the auction was done I dropped the hammer on the auction and bid what I intended to pay for the item. You could almost hear the sign of disapproval as my opponent left the field of auctioneer battle. Others came to Goya to get a cheap trinket or mount only to run away in disgust. The auction ticked completed and I went over to the mailbox to pick up my newly found mount.
As has been tradition with all of my mounts I stripped off all of my gear and did a grand tour of all of the major cities in my loincloth and a smile. Enjoying my newly won prize and the story I could tell as I toured around the world enjoying the view.
Good luck and Good Hunting
Want to get in contact with me? . Email me at Dragonbearjoe @ gmail. dOT com or find me on twitter at "@JMTCMommar" You can find me hanging out on the Shandris Server, chat me up and I will buy you a glass of juice.
Previous Entries
Chess Pieces Taking The Field
When Numbers Lie
Arrow to the Knee
Must Have Farming Equipment
But How Much Is It?
You Just Can't Fix Stupid
Trick or Treat Time
Can Pokewow be saved?
Buying Patterns For Investment
How Not To Influence People
Long Term Plans
The Measure Of A Goblin
Pulling the Deal Trigger
The Vikings Are Upon Us
Dailies For Second String
Flipping Out To Survive
Resetting The Plan
Discipline In the Ranks
The Professions Race To 87
Junk In The Trunk
I bought My Gear on Ebay
Posted by
J.E. Douglas
at
6:00 PM
0
comments
View Comments
I have played chess all my life. Chess is one of those games that stays with you mentally and changes the way that you view life in general. Whether it is the small maniacal voice in my head that says everyone is a chess piece. Or viewing life as who takes the field and what strategies need to be in place to be at an optimum level for life.
Your alternate toons are very similar to how good chess players view the field of battle on the board. Your main toons end up being your King and Queen. Your alternate crafters are often your bishops and rooks and even some of your players end up being placed in the space of pawns.
Any good chess player will tell you that you have to be looking 3-5 moves ahead as you are moving your pieces. Planning and executing your strategy puts you in the mind set to allow you to win the game in the end.
The Gold Goblin view of winning is that your goals are accomplished. Even if your goals are simply to have enough gold to be able to repair or buy an item that you want. Goals become your end game as you prepare another toon to take the field of crafting battle.
In the game of Gold Goblin chess there are also sacrifices to put yourself into a better position. Sometimes you just do not have the time to place all of your auctions to sell. That sacrifice of possible sales becomes more precious as you look at what will sell for the most profit and what will have to sit in the bank for another day.
Time becomes just as important as planning. When you have reached level 90 and start your daily grinds of reputation and rewards for your mains. Obtaining valor points and items to get you geared up for raiding with friends or Looking for Raid groups. Each move on the chess board becoming that much more important to not waste your time or resources for fools errands.
So look at what your next move is going to be. Who will be the next profession to be at max level. Do you take the slow route and level with easier to acquire resources or burn all of your more valuable assets to obtain access to more valuable
A Gold Goblin is always placing their pieces on the field to put themselves at the best strategic position they can. To obtain more gold, to finish up their goals and to enjoy the game of World of Warcraft.
Good Luck and Good Hunting
Want to get in contact with me? . Email me at Dragonbearjoe @ gmail. dOT com or find me on twitter at "@JMTCMommar" You can find me hanging out on the Shandris Server, chat me up and I will buy you a glass of juice.
Previous Entries
When Numbers Lie
Arrow to the Knee
Must Have Farming Equipment
But How Much Is It?
You Just Can't Fix Stupid
Trick or Treat Time
Can Pokewow be saved?
Buying Patterns For Investment
How Not To Influence People
Long Term Plans
The Measure Of A Goblin
Pulling the Deal Trigger
The Vikings Are Upon Us
Dailies For Second String
Flipping Out To Survive
Resetting The Plan
Discipline In the Ranks
The Professions Race To 87
Junk In The Trunk
I bought My Gear on Ebay
Posted by
J.E. Douglas
at
12:49 PM
0
comments
View Comments
Mommar here.
Many of my resources when working the auction house in wow is based on add-ons. I use add-ons to make crafting of items easier, to tell me what is in my inventory on different toons and even obtaining information from off site pricing listings such as Theunderminejournal.com.
Would I be able to function without these? Probably, but then I would have to depend more on hard research than at the fingers information. Which can be a blessing and a curse.
I was posting up items on my bank toon and had a couple of Prospector's Woolies in my inventory. Much to my interest my add-on (http://tradeskillmaster.com/) was listing these at a value between 3500 and 4500g a piece. That's a nice chunk of change for a low level item. So looking at a little research I found that it was part of a semi popular transmog set Gypsy Garb (Recolored).
This definitely peaked my interest because transmog sets do sell from time to time. So I listed the item at a 'discounted' price of 3500g. 12 hours later I relisted it for 3500g again. Relisted the item for 3500g after 12 hours ad nauseum(you get the point).
Does this mean that it will fail to sell for 3500g at some point I'm a very patient person and 3500g is worth a lot of relisting. But it did spark something in my brain about the price listing that some addons will show. At the beginning of Mists of Pandaria there were many level 87-88 items that were being priced at 50,000g or even more. One of my guild mates was lucky enough to obtain one of these and was asking how much to price it at. Offering my supposed wisdom on the item I suggested he ignore what the add-on price offered and put it at a reasonable amount of gold. The item later sold for 10,000g and he pocketed the amount. Could he have received the 50,000g that the item was supposedly worth? Maybe, but it was a long shot that players would want to spend that much gold for an item that would be replaced relatively quickly as they reached level 90.
Accurate information is the plank that a gold goblin will create their view of the auctioning world. Accurate information can come from many sources. That information should be processed by a gold goblins wisdom and past experience. So when something doesn't quite seem to fit, the odds are that it doesn't. So when that big bonus item drops into your lap, look at the numbers and see if they are really telling the truth.
Good Luck and Good Hunting
Want to get in contact with me? . Email me at Dragonbearjoe @ gmail. dOT com or find me on twitter at "@JMTCMommar" You can find me hanging out on the Shandris Server, chat me up and I will buy you a glass of juice.
Previous Entries
Arrow to the Knee
Must Have Farming Equipment
But How Much Is It?
You Just Can't Fix Stupid
Trick or Treat Time
Can Pokewow be saved?
Buying Patterns For Investment
How Not To Influence People
Long Term Plans
The Measure Of A Goblin
Pulling the Deal Trigger
The Vikings Are Upon Us
Dailies For Second String
Flipping Out To Survive
Resetting The Plan
Discipline In the Ranks
The Professions Race To 87
Junk In The Trunk
I bought My Gear on Ebay
Posted by
J.E. Douglas
at
7:00 AM
0
comments
View Comments
Hey gang.
As we continue on our experiences with Mists of Pandaria sales can become bogged down due to needing to relist over and over again. The monotonous challenges of listing the same item 5-10 times to be able to sell one.
Inscription and jewelcrafting can become locked into this repeating bubble. Especially with items that are no longer in high demand such as mid level Cataclysm gems and armors. Many gold goblins will list between 500-1000 items at a stretch using either manual clicks or addons to speed up the process.
Regardless of the addons or methods, each auction listed takes up a little bit more of your time. If there is one thing that Mists if teaching players, every minute of their gaming becomes important for the long term goals of the player.
So as your listing your items, this is a good time to figure out which of your items can be set back for another day of listing. Which items should you go ahead and sell at an extreme discount or even vendor for your time.
Here is my challenge. For the next 5 days time yourself on just how long it takes you to list all of your repeat items. Keep track of it on a piece of paper and see how long you are spending listing items. Then take the amount you sell each day and figure out just how much you are making in sales per hour. This can give you good idea on whether you are spending your time wisely, or waiting for that 5g profit to come in after having spent half an hour listing non salable items.
The key to being a gold goblin isn't just a mater of knowing what to sell, and when to sell. But how much time you should be spending draped over the keyboard selling items. And this knowledge will give you the leg up on other players who mindlessly list items that have a small chance of selling.
Putting your listings on a diet can make your gold making streamlined and timely in the long run. And put you on top of the pile ready for another jump at the gold ring.
Good Luck and Good Hunting
Want to get in contact with me? . Email me at Dragonbearjoe @ gmail. dOT com or find me on twitter at "@JMTCMommar" You can find me hanging out on the Shandris Server, chat me up and I will buy you a glass of juice.
Previous Entries
Must Have Farming Equipment
But How Much Is It?
You Just Can't Fix Stupid
Trick or Treat Time
Can Pokewow be saved?
Buying Patterns For Investment
How Not To Influence People
Long Term Plans
The Measure Of A Goblin
Pulling the Deal Trigger
The Vikings Are Upon Us
Dailies For Second String
Flipping Out To Survive
Resetting The Plan
Discipline In the Ranks
The Professions Race To 87
Junk In The Trunk
I bought My Gear on Ebay
Labels:
Bag of holding,
Ebay,
Flipping Out,
Good Luck,
Pulling (TV series),
Shandris Server,
Viking,
warcraft
Posted by
J.E. Douglas
at
5:02 PM
0
comments
View Comments
Through most of my life I have worked hourly jobs. Whether it was through temp agencies or being hired directly. There is a certain ebb and flow when it comes to punching a time clock and looking at a paycheck that should be just a little bit more.
Many people in today's economy save through different methods. They drop the money in the bank and never see it again til they need it. Others will live check to check without any savings at all. Living on credit cards and hopes for the future.
Warcraft players are no different in how they work with the WOW economy. Every day their crafters will make gold (their paychecks). Players dream of what they want and how to obtain these items. Investments occur that will allow them to obtain more in their daily paychecks to save towards more expensive items.
One of the methods I've always used to save money in my real life is to figure out exactly how much in hourly wages an item would cost. If I worked for 8 dollars an hour, then that meal at McDonalds costing me 10 dollars would cost me an hour and a half of work. An item costing 100 dollars costs me 12-14 hours etc.
The same idea can be applied to your World of Warcraft professions. That ring on the Black Market Auction House costing 30,000g would cost you at least 10 sales at 3000g profit a piece. Larger profitable items would cut the amount of sales necessary to obtain the wanted ring. Each time the cost goes up, the more necessary your profession masters have to hustle sales and eat up more time
and planning.
I was watching an Auction on the Black Market Auction House last night on my home server. It was for a heroic ring that dropped from one of the later raid bosses. The bidding had been bumped up to 110,000g. For most gold goblins that is a hefty amount to invest for a ring that will be replaced with the next patch. Many players would sell their guild to have 110,000g in the bank. Many players will never reach that level in their gaming life. Not without a lot of work and a little luck.
So the question rides how much is something worth when you purchase it in World of Warcraft? Each item you buy carries a cost of your time and your effort and even the connection of a sale between players. With Mists of Pandaria being slightly more difficult to earn gold, each sale becomes that much more precious to hold onto. And each amount of gold becomes that much more valuable in the end.
So purchasing wisely becomes just as important as what crafters you level and what items you look to sell. Keep that in mind when you look to purchase your next shiny item for your character. What is the true answer to how much something is worth?
Good Luck and Good Hunting
Want to get in contact with me? . Email me at Dragonbearjoe @ gmail. dOT com or find me on twitter at "@JMTCMommar" You can find me hanging out on the Shandris Server, chat me up and I will buy you a glass of juice.
Previous Entries
You Just Can't Fix Stupid
Trick or Treat Time
Can Pokewow be saved?
Buying Patterns For Investment
How Not To Influence People
Long Term Plans
The Measure Of A Goblin
Pulling the Deal Trigger
The Vikings Are Upon Us
Dailies For Second String
Flipping Out To Survive
Resetting The Plan
Discipline In the Ranks
The Professions Race To 87
Junk In The Trunk
I bought My Gear on Ebay
Labels:
BMAH,
Ebay,
Flipping Out,
Good Luck,
Guild,
investment,
McDonalds,
Mists,
Profession,
sales,
Shandris Server,
world of warcraft
Posted by
J.E. Douglas
at
5:50 PM
0
comments
View Comments
Pet battles was a major ingredient that Blizzard counted towards the success or failure of Mists of Pandaria. Their goal seemed to be to bring the more casual player into a solo adventure game. Also included in this target audience for the battle pet game was younger players.
I've talked to many players who play the pet battle games with their children and to them it has been a roaring success. In that case, the pet battle game has been very successful. Other players will talk about the addictive nature of "catching them all" as they travel and train around Pandaria.
But for a gold goblin view of the pet battle it's been a relative failure. Gold goblins groaned out load when the news that wild pets would be removed from the options to sell on the open market. Learned pets going account wide as well as issues with many of the add-ons for sales has caused the pet market to be difficult for some and nearly impossible to become profitable on other servers.
A rough draft of patch 5.1 has arrived on the PTR's with some changes to the pet battle system. The big change is the ability to take a Battle Stone and upgrade a pet. Where the stones themselves are Bind on Pickup, upgrading a pet to a Uncommon, polished or even perfect level could jump start the sales of high level pets on the auction house.
In the coming month more information about the battle pet changes will be released. Small changes can have a large impact on how players view and even play the pet battle system. More interest into a system could spark income possibilities for gold goblins. If pet sales have been floundering for you up to now, there is hope on the horizon.
Good Luck and Good Hunting
Want to get in contact with me? . Email me at Dragonbearjoe @ gmail. dOT com or find me on twitter at "@JMTCMommar" You can find me hanging out on the Shandris Server, chat me up and I will buy you a glass of juice.
Previous Entries
Buying Patterns For Investment
How Not To Influence People
Long Term Plans
The Measure Of A Goblin
Pulling the Deal Trigger
The Vikings Are Upon Us
Dailies For Second String
Flipping Out To Survive
Resetting The Plan
Discipline In the Ranks
The Professions Race To 87
Junk In The Trunk
I bought My Gear on Ebay
Time Is Money Brewfest Edition
Brewfest 2012:
Slow Markets Does Not Mean No Markets
Easy Money From Skinning in MOP
Warcraft Harvest Festival: Whats it good for?
Leveling professions - Easysauce
First Day In Pandaland
The First 48
The Gospel of Goblin: MOP Edition
MOP Prep: Last Minute Shopping
O Be Careful Little Goblin What You Buy
The End of Warcraft? Whats Next?
Not So Bottomless Bag of Holding
Posted by
J.E. Douglas
at
1:53 PM
0
comments
View Comments
Every so often on the auction houses patterns will arrive for sale. Before Mists of Pandaria these patterns were found on the faction auction houses or the cross faction auction houses.
Yesterday on the Black Market Auction House was the mail pattern Rainment of Blood And Bone that had peaked my interest. I decided to babysit the pattern on the auction house for the last 20 minutes to see what it would end up selling for. I decided to throw some gold at it and pick it up.
Now understand my thought process when it comes to investing in patterns. I generally go through a quick mental checklist on whether the pattern is valueable to me or if I should just walk away.
1. Is it useful for my guild?
In this case it's a mail pattern that is useful for Hunters and Enhancement Shamans. With my guild there are going to be 2 of these on our main raiding team. Other than the Spirits of Harmony the other materials are BOE and can be provided by whoever in the guild wants the piece of armor.
A side note for this. Some guilds will allow their crafters to charge for items crafted for guild mates I've never went with this philosophy with my crafting. Being fully capable of making gold outside my guild through various methods, I do not need to fleece my own guild for more cash. I would much rather keep them happy with providing armor I can make, than just worrying about making a few more gold pieces.
There is a caveat for this, at times I have been irritated at guild members for their behavior and what I considered non beneficial guild behavior. If they choose to be selfish with their behavior towards the guild, then it's my responsibility to fleece them for everything I can. And then drop that into the guild bank as payment for their behavior. Some may not agree with this, but it is my choice and probably the only non cooperative behavior I will show to a guild member.
2. Can I resell the item at a profit?
This can be the most difficult decision of buying a pattern. In this case I purchased the Rainment of Blood and Bone for lets say X amount of gold. My mental calculations had to take into respect how much the materials would cost for me to either buy or farm. How popular the pattern would be and just how many I would have to sell to break even.
Spirits of Harmony in this case are BOP so it would be necessary to farm them myself. This costs me time, and as the gold goblin code says 'Time is Money'.
Magnificent Hide is crafted and relatively easy to buy the materials for. Also it can be skinned from mobs in the Jade Forest. Either way of obtaining this material isn't that costly.
Blood Spirit is the most expensive of the items needed right now. These are disenchanted from Epic level items from raids. Raiding season isn't in full swing and the raid farming has not begun. Later on these materials will become plentiful and easy to obtain as well. So currently it's an expensive item to craft, but later on will become very viable.
3. Is it useful for my personal toons
One of two pieces of armor crafted can become very useful to get a toon into a higher level dungeon or heroic. This becomes especially useful once the materials become more plentiful on the auction house. So keeping to the plan for future crafting for alternates to get them into raiding level situations.
4. Can I afford the investment.
Not every gold goblin is made of gold. Players everyday have to consider whether they have the bankroll to be able to make a large investment for future profits. There is nothing wrong with walking away from a pattern because it might cost you over half of your current gold stash. This won't be the last time a pattern like this is going to be available. The more that players run Heroics and Raiding the more apt these patterns become available. There is a premium to pay for being one of the first on a server to have a pattern. But some players just don't have the money right now to pay for that premium cost.
After picking up my purchase from my mailbox and learning the pattern, I added it to my future plans and materials I needed to collect for the item. And already started adding the possible profits into my head. I'm a gold goblin at heart, I've got ethereal mouths to feed you know.
Good Luck and Good Hunting
Want to get in contact with me? . Email me at Dragonbearjoe @ gmail. dOT com or find me on twitter at "@JMTCMommar" You can find me hanging out on the Shandris Server, chat me up and I will buy you a glass of juice.
Previous Entries
How Not To Influence People
Long Term Plans
The Measure Of A Goblin
Pulling the Deal Trigger
The Vikings Are Upon Us
Dailies For Second String
Flipping Out To Survive
Resetting The Plan
Discipline In the Ranks
The Professions Race To 87
Junk In The Trunk
I bought My Gear on Ebay
Time Is Money Brewfest Edition
Brewfest 2012:
Slow Markets Does Not Mean No Markets
Easy Money From Skinning in MOP
Warcraft Harvest Festival: Whats it good for?
Leveling professions - Easysauce
First Day In Pandaland
The First 48
The Gospel of Goblin: MOP Edition
MOP Prep: Last Minute Shopping
O Be Careful Little Goblin What You Buy
The End of Warcraft? Whats Next?
Not So Bottomless Bag of Holding
Labels:
Auction,
Craft,
crafting,
Flipping Out,
Gold Goblin,
Good Luck,
Guild,
investment,
Leatherworking,
Mists,
warcraft,
world of warcraft
Posted by
J.E. Douglas
at
12:29 PM
0
comments
View Comments
Lets face facts gang, where there is still money to be made from farming, it is dwindling to a low profit margin based against time. With farmers undercutting each other down to the bare bone minimum it has become a buyers/crafters market.
On the flip side, crafters are having to look more at investments instead of just looking at baseline money making opportunities. There is not easy Elementium Shuffle with Mists of Pandaria to print your own money. It takes more and more creativity to be able to build a baseline business
Some kind person decided to do a drastic undercut on the Ghost Iron Ore market. I will give this person the benefit of the doubt that they weren't trying to collapse the Ghost Iron Ore market but had made a miscalculation on sales price.
After buying all the ore I had a decision to make. I could zip it over to my Jewelcrafter for some quick prospecting and post some new gems. Smelt the bars and make a quick profit. Or send them over to my Alchemist and transmute some Trillium Bars. All three would net me a profit one way or the other.
I decided to send the majority of the bars to be smelted and then transfer over to my Alchemist for transmute duty. Keeping a rough track of how much I invested in the ore, I knew what my selling point to reach a reasonable profit margin would be. Saving some for my later Living Steel transmute timer I dropped them on the AH for sale. They ended up selling after an hour at a decent profit.
So what is the big deal about this? Why are you telling this story Uncle Mommar? Because right now with the way Mists of Pandaria is set up, the basics of investment and sales become that much more important. There is no "easy" way to make gold other than questing and farming. Granted it's not rocket science to make gold in Warcraft, but there is not blueprint that truly will give you 100%
Your fundamental basics combined with learned traits will take you a long way in making gold during Mists of Pandaria. Whether it's flipping items, crafting for others or running around killing the bad guys for riches and fun. Just keep in mind that if you make one, then someone will want to buy the other one you can make.
Good Luck and Good Hunting
Want to get in contact with me? . Email me at Dragonbearjoe @ gmail. dOT com or find me on twitter at "@JMTCMommar" You can find me hanging out on the Shandris Server, chat me up and I will buy you a glass of juice.
Previous Entries
Long Term Plans
The Measure Of A Goblin
Pulling the Deal Trigger
The Vikings Are Upon Us
Dailies For Second String
Flipping Out To Survive
Resetting The Plan
Discipline In the Ranks
The Professions Race To 87
Junk In The Trunk
I bought My Gear on Ebay
Time Is Money Brewfest Edition
Brewfest 2012:
Slow Markets Does Not Mean No Markets
Easy Money From Skinning in MOP
Warcraft Harvest Festival: Whats it good for?
Leveling professions - Easysauce
First Day In Pandaland
The First 48
The Gospel of Goblin: MOP Edition
MOP Prep: Last Minute Shopping
O Be Careful Little Goblin What You Buy
The End of Warcraft? Whats Next?
Not So Bottomless Bag of Holding