Selling your honor in Wow?

"So, a few days ago i wanted to buy epic gems for 100g/each, after 5 hours of sitting in trade, i got 1 gem total.

(in my server epics go for 150-250g depending on color and cut)

After a while i got so bored that i started asking a friend of mine to buy gems for honor for me,
and then it hit me, why not buy honor from players?

Advertising in trade that i buy large amounts of honor (10k/20k etc.) 1 honor = 1s
and all they have to do is buy the gem and sell it to me.

At first i didn't think it'd be of any help, but after 3 hours in trade i had made over 40 epic gems for 100g each as i wanted to.

I don't know if anyone has done it before, but maybe it's useful.

thought i'd share my success with someone ;)

Added a screen shot also of chat."

Aruk-Defias Brotherhood EU

EJ's Lesson on Deflation and Oppurtunity Cost

As both an avid investor and avid Wow player, I find a great deal of parallels between the markets in the world and the markets in the world ... of warcraft. Right now, RL markets are still in a great deal of trouble and its difficult to predict where either are heading. Our retirements may not depend on the price of goldclover, but if we miss out on a market move in the auction house it can erase a lot of hard work and create many hours of more mindless farming instead of hours playing bg's or (dare I say) something other than WoW.

There are two specific things I would like to focus on in this post, the first being a phenomenon called deflation. Deflation occurs when there is downward pressure on prices and your money can buy more today than it could in the past. This happened earlier in '09 when the market tumbled and prices were falling. Similarly, it happened when Wrath of the Lich King went live and prices for everything dropped through the floor. Everyone stockpiled everthing they could, thinking demand would skyrocket. They were right; demand sky-rocketed but supply grew even faster and outstripped demand. Consequently, prices collapsed and the people who made out like bandits (like myself) were the ones that stockpiled gold and didnt both buying items. That same amount of gold now bought more goods than before.

The second item to discuss is opportunity cost. Basically, this is the cost of any decision when you could have made alternatives. So for example, I invested gold to buy eternal fire and resold them a week later for 20% more. This sounds good, but I could have spent the same amount of gold buying bolts of frostweave and in that same amount of time the price for that went up 35%. So although I made gold by investing in eternal fire, I had an opportunity cost of 15% by missing out on a better deal. If a majority of people were to take advantage of the better rate of return, then I technically would have lost money. Senarios like this happen every single day on servers, so it's important to not just make gold, but to make as much as possible. Remember, if everyone else doubled their money, and you only got 10%, are you really a winner? When people have more gold they are willing to spend more for the same stuff, and prices are going to go up. Can you keep up with prices doubling? Not on a 10% rate of return - you're gonna get smoked.

Remember to watch out for two things: prices unexpectedly falling, and a better rate of return. The first doesn't come often but can make you lots of gold. The second is almost always out there, you just need to look for it - and looking here is a good start.

Good Luck,

Ej of Onyxia

Preparing for Cataclysm - Alchemy and Engineering going UP

Goblins are going to increase the value of mid-high level herbs pretty substantially. Even with lots of farmers and faster leveling of professions every person is going to likely have a few herbs that they need for leveling alchemy. Every goblin should become an alchemist/engineer for arena purposes as they will get more tricks to include with their utility belt through engineering and more mana/health from potions. If you're alliance, this won't affect you but you may want to start sending herbs that you get cheap on your side to a horde character for sale later.

On the flip side worgens are going to gain a skinning increase. Expect mats for skinning to go way down as lots of players will level their craft. Leatherworking/Enchanting will be an excellent way to make money since low level to high level crafted gear will be much cheaper to make with the influx of leather from all those worgen farmers. If you are horde be ready to buy the leather when all the alliance worgens are leveling and resell horde side.


Remember that this is a looooong way off so don't start doing any of my suggestions just yet.

Suggestion Box Friday (8/27/09)

Suggestion Box Friday is your chance to be the blog writer! Leave comments and start some discussions as I will once again take this day to prepare for the upcoming week... and quite possibly get my drink on.

Kylol sent me this email and I'd like to make it the Community Spotlight for the week:

I farmed at this spot for about 45 minutes and got 593 gold worth of cooking mats!

Its in westfall.. COMPLETELY secret!

Here is a video showcasing its raw awesomeness (brace yourself).

This video is not made by me :P.

If you watch how he kills them you will notice they INSTANTLY respawn after dieng, if you kill them all for 2 minutes going back and forth and then loot (you dont want corpses to despawn) for an hour i bet you will make 1000g!

Just wanted to throw this tip at you because its such an odd and secret spot with masssive gold, and good also because you are farming 3 diffrent items in abundance so you dont have to flood one market really.

Credit goes to Top Game Guides Premium's youtube channel for this tip.

Discussion:

Speculate on Cataclysm... there is way too much to talk about. Also, I somehow managed to sell Icy Dragonscales (about 80 of them) for 2.5 gold each last night!

Flying Mounts in Cataclysm

Flying mounts in Azeroth are going to change the economy greatly. In fact, it's going to flip many markets completely upside down. Changes to the cost of leveling professions will also add to creating less of a need for old world mats.

You're going to have huge increase in farmed supply and a huge decrease in need, even with new races leveling their professions.

If you have old world mats, get rid of them in a timely fashion before Cataclysm... which could be a year away, so you have some time to farm Darkwhisper Gorge before it becomes a home for the Twilight Cultists.

Reforging - Cataclysm Ability

With the Cataclysm will come sweeping changes to professions as well a new one and some new abilities for past professions. One of these new ideas is the ability to reforge created (and possibly non created) gear for the purpose of changing stats. You will not be able to change all your gear but gear will be forever changeable and never stuck with whatever you first picked. Gear cannot be changed to a stat it already has either. Basically you cut one stat in half (or possibly more than one stat) in exchange for a new one. Think of getting hit instead of agility or something along those lines.

I really like this change and I'm sure there will be some sort of regent or something gained from gathering that will allow you to reforge items. Since each profession will be able to reforge different types of gear (plate for blacksmiths, leather for leatherworkers, etc.), expect multiple reagents for each item type.

Do you think reforging will work this way, any additional ideas?

Gems will be destroyed by the Cataclysm

Many of you have probably found out from other news sites already (darn the fact that I post once a day), that many stats you've come to dislike accumulating are being destroyed. That's right, no more armor pen, attack power, spell power or MP5 on gear.

I'm not going to get into the new stat balancing changes or anything like that, but I will give you a warning:

Gems are going to have to be destroyed or changed in some way.

Let's say you have +40 Attack power gems or w/e the maximum epic is these days. Cataclysm hits... BAM that attack power is now removed from items. Will it also dissappear from gems? What will happen to your gems? It's possible that attack power gems will remain, however certain stats will have to disappear, such as MP5. Maybe the MP5 will be converted to spirit, but odds are those gems are going to have something happen to them.

I hope that blizzard simply changes all current gems in the game that represent stats no longer being supported in cataclysm to something more useful, but only time will tell.

Think of this as a warning but also as a tip: Don't stockpile useless stats for cataclysm and focus on the stuff people are really going to want to stock up on, such as the new and improved spirit or agility.

Yellow gems are probably the only unaffected ones.

Loremaster EJ

My brother just achieved Loremaster :D

The Goblin Race and Why I'm Rolling One

Goblins... those sly green midgets are finally entering the horde, and I'm so rolling one next expansion. I'm not doing it for their reverse-disengage belts or rocket launching ones either. Nor am I doing it for their passive racial. Instead, I'm picking a goblin because they may single handledly be the greatest money making machines in the game.

I'm going to give you several cases where being a goblin is better than any other class:

You're out farming at your favorite farming spot and run out of room. You've already dumped all grays that you don't need onto your mammoth vendors so now you have a full stockpile of goods you'd like to store. Instead of hearthing or running to a mailbox to send the items to an alt, for the first time ever you can summon a helper goblin and put the items directly in your bank or your guild bank. You've just eliminated the middle man. But wait... it gets better.

Want to send items between your characters for crafting without using a mail box and having to log in and out... put all your items into a guild bank for your alts.

Let's say you want to buy some reagents or other items that might be more expensive based on reputation with a faction. Maybe in the expansion there will be an item you'd like to buy off a faction's vendor that is necessary to some profession. Get your goblin to buy it, he always gets the best deal, as if he was exalted with the faction.

All I have to say is... goblin is going to be my favorite class. Who knows, he might even replace the mighty markco.

Back from blizzcon!!! BTW Thunderion and I both won spectral tiger mounts :D

Now for a random post at 10:20 PM at night...

Frompy sent me a mail in game and I got to share this:



I'm really happy he took the videos the right way because we really did just mean it as a joke. I'm glad he thought it was funny :D

I sent a mail back promising that next time we saw him we'd take great pains to kill everyone but him and leave him the last man standing lol.

The vids were slam montage and poor frompy.

Abyss Crystal Money Strategy

Currently abyss crystals have fallen around 60% on my server, but the enchanting recipes are still worth around 80% of their original value. Therefore I've been crafting various high level enchants that take abyss crystals for huge profits (often 125-150% profit). Only a few sell each day but it's a thousand more gold for very little effort. Been using trade chat like crazy to pick up dream shards and abyss crystals cheap.

Since this market could go sour anytime, I am selling off all my excess mats each day for a few gold below the current price and only making 1-4 of each enchant. This way when the market does crash to where it should be I will have come out on top in the long run.

Hope this information helps you enchanters out there make some easy money!

Ogres Raid WSG!

Was fun :)

At Blizz Con

Having a blast at blizz con, meeting new people as well as tons of fans/readers of the site. It's actually been really touching and I've enjoyed meeting so many people.

I've met the developer of the wow laptop from Dell, Zach Yonzon from wow.com, members of 'The Guild' and a slew of other interesting characters... and blizzcon hasn't even started yet!

I walked around early afternoon with the newest host of PUG at wcradio.com who you'll meet tonight at 9 PM PST who also happens to be Thunderer on the JMTC forums.

Looking forward to meeting many more of you, keep a lookout for the black JMTC shirts :)

Fill the comments with anything you'd like me to ask the panels or want me to look into.

Boar Ribs - The other White Meat

This post ranks right up there with one of my favorites of all time because it's simple, effective, and gets you lots of gold. Thanks to Will of wowconfidential for this tip :)



I just finished a video on a farming spot I make 500+ gold from an hour.

The video is based on the cooking market. Most players wait until the level cap to start power leveling their professions and the fact that cooking really isn't necessary until you start raiding (for making your own food stat buffs) it is easy to understand why people hold off leveling cooking.

Many of the ingredients needed for power leveling cooking are found in the old world and level 80's don't want to go through the hassel of travelling back and finding the most efficient spots so they just buy the meats from the Auction House.

After analyzing all the meats needed to go hit the cap I've noticed that "Boar Rib's" are consistently in demand and in low or no supply on the AH.

I've sold Boar Meat now for 2g 95s EACH, and given that I can farm 180 an hour this comes out to 531g an hour.

Here's a video of the best route:


Thanks for reading
-Will

Stationary Farming of Frostweave Cloth - Mobs come to you!

Not everyone who reads this guide also looks at my youtube profile, so from time to time I like to link to current videos.

Here's one on farming frostweave cloth, greens, and grays but with a twist... the mobs come to you!


Blue Gems Sell Better Than Epics

"Hi Marcko,
Bucknastee here from the Rivendare server Crimson Eclipse guild. I have a gold making tip. Right now blue gems CUT are going for about 50g. UNCUT they are going for 10-15g. Buy them, get a jc to cut them and watch the money roll in. but be careful not to flood the market or prices will go down"


Currently players are getting new gear and looking to gem it out, but not with epics! Since epic gems are currently still pretty expensive and new arena gear is just around the corner, there's a real market for blue quality gems.

Farming Herbs in Swamp of Sorrows

Stonard Herbing Route





After 20 minutes of running this route I made:
35 Blindweed: 98 gold
5 Goldthorn: 10 gold
3 Fadeleaf: 6 gold
17 Liferoot: 17 gold
11 Khadgar's Whiskers: 30 gold
6 KingsBlood: 5 gold
1 Stranglekelp: 2 gold

Total Gold: 167 gold

Not bad for 20 minutes of mindless farming!

This made me smile :)

I don't post anywhere near the number of thank you's I get but this one made me smile when I was very tired and busy:

"The Guide is Awesome. made 300 gold my first 2-3 days using a strict limit of 100 gold. Upgraded all my bags and leveled my Tailoring about 100 lvls in 1 day. Thanks"

This is probably a low level character on his way to making some serious cash.

Making Money With Nothing

http://20kleveling.com/JMTCforum/viewtopic.php?f=10&t=754&sid=554b2520bfe723c5fd0ba3194519e6c4
Here are my three favorite ways to make gold when I have little to none on a new server:

Farm Low Level Meat - Level 9-12 mobs
Disenchant Low Level Greens - Level 5-13
Trade Low Level Reagents - Usable by 80's (if they don't have the minors). Shamans in particular have enough useful minor glyphs that they sometimes won't get water walking or water breathing glyphs, thus keeping the fish oil and fish scales valuable whereas light feathers have become worthless.

Please note that none of these methods make you rich, they simply provide you with some starter cash at lower levels.

Skyguard Gold

Hey Marko,

A great way to make money @ 80 is to go back and grind Skyguard rep in terokkar forest. I went from neutral to exalted in just 3 days of grinding rep. You can get TBC greens, blues and BoE epics( if you're lucky, i got 2) from the mobs and you never really see anyone else there. There is a quest line but you don't really need to do it if you're only after the money just make sure you do the introduction quest in Shattrath


1. Keep the shadow dust for shadow elixers
2. use the scrolls on skull piles
3. Sell everything from the mobs that are summoned from skull piles (or keep them to summon terokk if you can solo him)


You make more than enough money to buy the mount and the pet.


Mágus (May-guss) of Dalvengyr

To Mágus:

Very nice find. I found about a hundred of those shadow dusts in my bank and boom sold them all in a week for about 1.50 gold per! I may have been lucky and found someone leveling rep that week but I think that there are actually quite a few people doing this grind. Back at 60 I managed to get exalted from friendly in about two weeks, with just a few hours of grinding plus daily quests. Now that we're 80 it has to be a breeze ripping through all the mobs there and what's more, this place is easier than grinding rep with ogrilla (no huge starter chain that an 80 can't solo).

Nice find indeed :)

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