Moral of the story? Buy purple gems with badges and runed/crusader orbs for easy gold.
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Diamond tipped cane, tuxedo shirt, tuxedo pants, tuxedo jacket, and jungle hat seem to be the ultimate auctioneer outfit for world of warcra...
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I decided to be an absolute jerk and do something so wrong, so EVIL, it couldn't possibly come from a standup auctioneer like me. I took...
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If you go on the JMTC Wow Gold Forum you will find people with gold in more than 6 figures... and they haven't been playing all that lo...
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I was doing a video on making 10 gold at early levels when you first enter a major city and I realized that level 1 casters have a huge adv...
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Here are the most popular twink and leveling enchants for low level characters and how to get them. Make these a part of your enchanter'...
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Zombies slouching with arms outstretched in unrelenting determination towards the targets of their burning hunger... bullets being fired by ...
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Attention blog readers, it's your turn to be the blog writer . Comments, concerns, ideas, questions... anything you want! Have a video y...
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Ooooh Shiny! Players tend to focus on the shiniest and most lucrative looking gold methods because that's what all the 'guides'...
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Elemental Invasion Part 4: Twilight Bosses Loot Table 251 Shield Melee Off Hand Barrier of the Earth Princess 251 Plate Heal Waist Girdl...
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Here's a video on where to farm fel armaments , marks of sargeras , and netherweave cloth . Back at 70 I farmed here for three days to g...
http://20kleveling.com/JMTCforum/viewtopic.php?f=29&t=1626
If you are interested in what to do regarding the onslaught of noobie auctioneers hitting the auction house for the first time thanks to MMO-Champion, then you don' thave to look any further than this post.
Hope that helps, don't forget to thank your JMTC community members once again.
Part of becoming an auction house guru is realizing that you're in it for the long haul, not just the instantly gratifying sale. With this being said, there are several bad habbits you should avoid which prevent you from playing the 'long haul.'
1. Overreacting
I see this all the time, especially with newer players. That first time your stuff doesn't sell, or that time when someone undercuts you and you freak out. You dump all your items in a fit of anger and someone else makes a killing off your stuff.
2. Ignoring Cycles
The cycles of wow economics provide savvy auctioneers with the oppurtunity to create oppurtunities for themselves. By being ignorant of the price cycles for the items you are selling on your server you are basically cheating yourself. Start writing stuff down if you have trouble remembering when markets shift. Don't post infinite dust the day that they plumet to 3 gold a piece when in two days they will shift to 6 gold a piece.
3. Posting only what your character doesn't need
This goes back to being ignorant, but is focused on living in your own little world. If you only focus on tossing away items you know your own character doesn't need then you are probably putting them up for far too little. Just get some cloth from a chest but aren't a tailor? Going to just dump it on the ah for the lowest price? This is a fine oppurtunity to educate yourself on the value of cloth over the coarse of the next week.
4. Assuming investments are risks.
Have some faith in your own ability to read markets and feel comfortable investing money into good profits. Don't doubt yourself into missing up deals!
Ignore these bad habbits and you will surely start playing for the long haul!
I'm not one to judge websites when they try to help people, but mmo-champion did this all wrong. The way to help people is not to tell them exactly what you want them to do, but make them think for themselves. So it's time for me to counter everything they said today, and make my readers money out the wazzoo.
For one, go sell eternal earths, borean leather, cobalt ore, and eternal shadows. The price won't last forever. If the price has not increased on your server, buy them now and relist as the price goes up.
Make enchants when infinite dust plumets. They will sell better than the dust.
At first enchanting mats will plumet, so pick them up early and make your enchanted vellums. Then when the prices react to the fact that eternal earths are 20 gold a piece you can then sell your vellums for much more because the dust, essences, and greater cosmic essences will also react to the increased value of the materials.
This is a gold oppurtunity like no other.
Thank you mmo-champion!
A lot of people have been asking me about prot pvp and since this video is both a farming spot as well as an example of my dps, I figured it would be a good fit. I am currently gearing for armor pen while slowly removing my block value except for t9 prot helm and shoulders. I will eventually switch to the 75 badge helm and t9 prot legs. Currently I'm wearing the t9 dps chest and gloves. As you can see from this video my burst is almost as good as shield slam damage but my dps has doubled.
This method of gearing for dps instead of shield slam has drastically changed both my playstyle and spec. Perhaps I'll save this part of the discussion for another day, now for the video :)
Icy Dragonscales have always been a difficult money maker for many many players. I still get emails from angry readers of this blog who took my advice and bought these up months ago when I suggested doing it.
Here's how I make gold with Icy Dragonscales:
Thursday evening I post 40 Icy Dragonscales for 26-40 gold a stack. Those two stacks are normally gone by Friday night. So basically I make as much as 40 gold a week from these, no questions asked.
Try doing this if you still haven't vendored your Icy Dragonscales, it's free money!
In case you didn't know, Icy Dragonscales are used in a variety of paterns 40 at a time for leatherworking. That's why you want to sell them in a full stack of 20, not 1 at a time.
I received this excellent email regarding the new boe's from the brewfest boss:
http://forums.worldofwarcraft.com/thread.html?topicId=19820640740&sid=1&pageNo=1
http://i168.photobucket.com/albums/u162/ShAd0WXtC/WoWScrnShot_092109_154603.jpg
http://i168.photobucket.com/albums/u162/ShAd0WXtC/WoWScrnShot_092109_155731.jpg
This was hot fixed in last night to drop from Coren Direbrew. For the first few hours the price was incredibly high but as many started dropping and hitting the AH the price 'tanked'. This is currently the best BoE one hander in the game, rogue and DK alts will snatch them up then as brewfest goes on more and more will drop and the price will drop as well. It's already down below 1k on many servers. However, being as this is an incredibly limited time item and the best BoE for DW DKs and rogues, I'm going to be snatching up a few to relist at a later date for a great markup. My server has A LOT of people that are probably going to do this as well, as there are many AH players on my server, but I figure people on less played server will be able to make an enormous profit by doing this. Note that the above screenshots are not mine.
-Aleros of Feathermoon
Everyone having a good friday? I am feeling pretty good but it has nothing to do with world of warcraft. Today starts my new workout / diet I've been working on the past few weeks and I think it's finally time to impliment it. I definately needed it because sitting 12 hours a day between my job and this one has slowly but surely taken its toll on my body. So I am going to approach this problem the same way I do everything in life: Do the best I can or not do anything at all.
Now for the weekly comments, this week was pretty lively in terms of discussion.
Comments:
Regarding Watch me Live - Wow Tutorials
Anonymous said...
I think you should just stream it all the time, or whenever you want. I'm sure there is some widget you can place on your blog to see if you're live.Also, as an idea to help promote your xfire stream better, perhaps set a day where you and a couple buddies go out and gank or do arenas and stream it live. Plug the date a week in advanced that way you'll have more viewers. Personally, I enjoyed watching you and that shaman gank outside Onys lair the other night.
To Anonymous: Yeah that was pretty funny. 2v10'd em. I took your advice and put a widget on the front page :)
Regarding New Wow Gold Blogs
Anonymous said...
another great Gold Blog i read is toogreedy.blogspot.com
check it out!
To Anonymous: Blackwolf, a JMTC forum admin runs that blog, good stuff.
Regarding Youtube Comment that Gave Me a Headache
Onewing said...
If we were to give the commenter as much credit as we could, I'd equate his statement of luck as an actual measure of time. If he is searching for ways to make money, the two most prevalent things he has seen are a) gold sellers and b) sites and videos claiming that he can make 600G/hr. The 600G/hr sites are pretty easy to interpret after a while - they are relying on two things. 1) That you won't notice that they measure their drop rates (and thus ROI of time spent) are extremely idealized. 2) The statements of 600G/hr are based on AH value of items, not actual gold. Now the savvy AH pro can actually convert that value of 600G in items to actual gold, but it often takes multiple selling cycles to post a large quantity of farmed materials. At this point, the average Joe just looking at the 600G/hr site sees a lot of luck involved - luck on drops and luck that the materials will move on the AH the first time they are posted.Its wrong, but it is a little more forgivable than just flabbing his mouth off calling AH playing luck based.
Regarding World of Warcraft Gold Blog. Why?
Carbon said...
I read JMTC because your always posting new strategies on making money. I'm not a farmer and a lot of your posts seem to be farming based but I enjoy expanding my knowledge on areas that I don't personally pay attention to. I love being able to help people struggling with making money by giving them advice on where to farm without it actually affecting my markets. Plus being a regular on JMTC forums it would only make sense to check out the JMTC blog wouldn't it?
Discussion:
Have you gained some weight, no matter how small, from playing world of warcraft?
What do you plan to do about it, if anything?
So I have this new snazzy computer and I'm thinking about testing out XFire on it. It would be nice to get the XFire going again so people can watch me both making gold and playing pvp.
My question is, what do you want to see me do in world of warcraft? Do you want XFire running non stop or only when I do something I feel is important? Do you want to see raids? How about random duels? Etc.
Looking for any ideas regarding a system of 'going live' so everyone on the blog knows when to check if I'm streaming live. If I turn on sound in XFire you'll even be able to hear me talking over ventrillo or skype I believe.
Shoot some ideas around in the comments section, and looking forward to broadcasting again.
Also, speaking of broadcasting, there is a good chance that I will participate in a gold making show with other blogger(s). Everything is very hush hush right now but I'll let you know if anything becomes of it.
Check it out!
http://www.xfire.com/live_video/markcolol/
There are so many new blogs spawning from this one that I could probably write an article on each one and have over a year's worth of posts! Please, if I didn't list your blog here today write me an email and I'll take a look. There are just so many to go through and I really don't have the time to fit them into one post. Send me an email and I'll try to get you some link love eventually, and you can always post on the JMTC forums for more visibility.
Here are some up and coming gold blogs that I have enjoyed reading so far:
http://www.bobreaze.blogspot.com/
http://morgraanscorner.blogspot.com/
http://diamond-tipped.blogspot.com/
Bobreaze is trying out the Bid low, Sell Normal strategy I outlined many months ago both on my youtube account and here on the blog. Morgraanscorner is looking into using enchanting, tailoring and some flipping techniques for making gold. Diamond-Tipped Cane is a wordy but valuable blog that seems to be a little broader than the others, providing starter information and expecting you to fill in the gaps with your own ideas.
Why are these blogs worth your time, or any new up and coming blog based off of this one?
Think of these blogs as your own personal testers. They are coming up with new ideas and taking fresh looks at old ones; all the while allowing you to watch the entire process. Perhaps they will uncover and surpass an economic hurdle that would of bogged you down had you not read their blogs.
Enjoy these new blogs and definately drop them some comments to boost their morale.
“Could you show us a spot that doesn’t use the ah luck like cooking?”
This comment made me go... what? Seriously? Ouch, my head hurts.
Now I'm not demeaning the person who wrote this, he is actually being quite serious. What really made me upset for this person was the word 'luck.' As if using the auction house is based solely on the random event that someone will buy your item at the price you want to sell it. There is almost no luck on the auction house, unless of course you consider finding this blog as a lucky thing. Then yes, there's a lot of luck in the world of warcraft auction house!
To the player who wrote this, now is your chance to change that 'luck' into certainty. Read this blog from beginning to end, dive into the forums, watch the auction house youtube videos, and most importantly experiment in world of warcraft. Educate yourself and most importantly have a blast experiencing the learning process.
Get used to it because you never stop learning.
Since you are obviously very new to the world of warcraft economic system I would start off with items you personally use or buy frequently. Find out what that item is worth to not only yourself but other players. Is it used in professions, is it used in raiding, etc etc. Then find out what you and more importantly other players are willing to pay for that item. Watch the auction house each day and observe how the item's price changes througout the week. You'll be well on your way to becoming an auction house pro.
This isn’t a confession but a fact: I have never taken an economics course. I have never taken a course on SEO or online marketing. All I had going for me when I made this blog was an idea, motivation, and the entrepreneurial delusion that most Americans are born with. I learned more from writing/marketing this blog then I could possibly have learned from four years of college. You see college teaches you how to work for someone, not how to work for yourself. You can imagine my shock when JMTC seemed to double in hits each month and became a special place for other gold seeking, creative players to mingle.
What is it that makes JMTC such a special ‘place’? I look at this blog and I say to myself I could add this content or that, I could do this differently, and a slew of other additions I’d like to make a reality… but… somehow the blog is succeeding without them. What did I do right? What was the reason for this ‘success’? Was it the content? No it couldn’t have been the content because it doesn’t seem to matter what I write about, people keep coming back to read again. Before I answer the question, think for a second and ask yourself: “Why do I read Justmytwocopper.blogspot.com?”
I have two answers to this question:
1. It’s the reader next to you.
2. You want inspiration.
It’s an amazing concept, but I think it’s true. The first thing I do after a post goes live is check the comments. I don’t look at the google stats, the SEO content, or anything like that. I look at the comments. Don’t you do the same? You want to see what others think and I am simply the catalyst to allow that connection to proceed and prosper. The forums were originally designed to be an extension of the comments section for each post. Now look at them… they are an encyclopedia and all I did was write the titles to each forum… the content is YOURS.
My goal behind writing this blog was to create the catalyst for other players to connect and to inspire them into doing great things. Some say I did this for the gold guide, which I would have a tough time proving was not the case even if it wasn’t. Keep in mind that the gold guide sales go straight to supplying the blog with new features, such as the forum which I pay top dollar to keep 100% up and ready for expansion each month (I have upgraded the server package three times) and I consider it my ‘salary’ for blogging, testing content, and providing new ideas for the community. But you can’t deny the results of my many hours of work: A place where inspired individuals can share ideas about making gold in world of warcraft.
It’s your blog, with my creativity as your foundation.
I then look at the dozens of blogs sprouting from my own. Each one is basically a JMTC clone to some extent, but with the twists that having a different author brings. I absolutely love the fact that people are mimicking my success, there is no greater flattery than copying. I mean this in a good way, I want to see these new blogs succeed just like mine did and I’m happy to give them some link love. Unlike some sites which stop linking to me simply because they think I’m a threat. *cough not naming names cough*. If only they’d realize that linking to similar websites actually helps their SEO; something I learned quickly in this ‘business.’ Feel free to use the ‘link love’ section of the forums for a great list of JMTC-like sites.
So am I full of crap? Why do you read Justmytwocopper.blogspot.com?
In future posts I will be sure to link to some of these growing blogs, which will also give them some time to get more posts up.
Here's the video + commentary:
There's another reason to farm here not listed in this video: In patch 3.2.2 the drums that you can create (aimed at providing raids with buffs which might be missing from certain setups) take jormunga scales! This is by far the best place to farm them if you take a detour into the cave north of where this was filmed. Simply kill both mammoth packs, do the cave, then come out and do the mammoths again. We managed to get about one artic fur per 10 minutes chain pulling like this but the real money was in leather, meats, and greens.
YARRRR!!! Here's my criteriar for when ye be looking for a good ole' farming location in wotlk or anywhere in world of warrrrrrcraft:
1. Mobs drop items used in more than one profession.
2. There are nodes around the farming location for atleast one profession.
3. After the mob dies there is the possibility of skinning, mining, or herbing the corpse.
4. Mobs die quickly and are close enough to reduce down time between mobs.
5. The combination of materials gathered from the farming location can create an item or process for making more gold.
6. There is the chance to hit the jackpot and get some kind of really profitable item.
7. The area is relatively safe, and an added bonus would be that the mobs are neutral.
Let's go with an example from Burning Crusade: Legion Hold
1. Cloth, reputation items
2. Mining Node and Herbing Node
3. Nothing Here
4. Very quickly and respawn insanely fast. Tightly packed for easy killing/looting, extras can be pulled at leisure.
5. Cloth + enchanting mats could be used in tailoring to make some gold.
6. Cards and expensive blues could drop here. You could also get fel armaments.
7. Not so safe unless you were fully geared, an elite patrolled but could be avoided. The mobs could also suddenly group up on you and respawn faster than you could kill them.
Think about this criteria next time you submit a farming location to the blog or when you are just off looking for a place to kill some time. If you have a farming spot you'd like me to look at then scroll down to the bottom of the page and submit it to me via the 'ask markco' button.
- Community Spotlight: Video on Farming Crystalweb Spiders. Not too much to this video except showing you what the spiders look like in the cave and how frequently they appear to drop ice web spider silk. Thank you Chimei of Kilrogg EU for the submission.
- The one comment you all should read from this week:
- Railverson said...
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I don't usually post to comments... just read them, but this "Used to love your guide what happened?" crap is so inane.
Most of the grab-and-hook blogs out there that force you to a guide offer ZERO helpful information for free. This blog has been anything but...
Markco busts his ass every day to offer posts. I could care less if he talked about chicken factories and adequate storage for all those eggs. His site is a portal my friend. And a source of relevant information.
He engages the community effectively, excels at the game (in many different aspects. I don't read just for the money-side), and he offers medium overload as far as information is concerned (ie. the blog, you tube, twitter, the guide, the FORUMS)
Rush was right, go buy gold if you're that blind to all the info Markco has stored here. His blog is a continuous book that has yet to reach a final chapter. Go back and read from page 1. There's a lesson in there for you somewhere. - Discussion:
- Have you gone back and read the old posts to see what you can learn, have you made use of the forums, youtube, twitter, etc found here on the blog?
Don't forget that tomorrow is Talk like a Pirate Day! As suggested by darryl, you should head over and grab the admiral's hat pattern for some quick money :)
Check out this great farming spot for clam meat and small lustrous pearls.
Here's a question and my response that you may find interesting:
"Recently I've found that while many players abuse the auction house, some do not at all, and simply sell outside of it. I think this is because the Auction House seems time consuming, unfair, and unsure to many players, and they turn to a more "controlled" "hands-on" option. They advertise erratically, sometimes for hours, sometimes maybe only for a few minutes, some are dead-set on a certain price, while others do not know what they are doing at all, and will settle for anything you offer. Here's an example for you...On my server, I'm currently buying Frozen Orbs outside of the auction house any time they are advertised. About half the players that want to sell them, are thinking they are going to get AH price, which is bullshit, because usually there is around 3-4 postings up there, split two ways between me and my Alt, so it only takes about two seconds to figure out if I can drive them downwards. I usually confront them with a very low price, like "Hey, I'll give you 30/a pop for those." they will refuse at first and say "No, man they're 80 on Auction House." so I go "Oh, what? That's BS." Don't you realize that there is only one guy selling those things?" I go like this for a couple of minutes, haggling. Usually I can get them for no more than 40, sometimes even less, for maybe 25 each. I then go to Auction house, and resell them for 80 gold within a couple of hours, a pretty quick and easy profit. If anyone goes to undercut me at the normal price, such as 60, or maybe even something so bold as 40 or 50, I buy them out immediately, and then put them back up for much higher prices (+50% or more) on numerous alts. Basically, I'm starting to do the same thing with many other items, and I'm getting better and better at it. Haggling is actually very easy to do because just like the general population, the WoW population is extremely ignorant and easy to fool. I know this is a very inconsistent way to make gold, sometimes just down right frustrating and sterile, but it is very exciting at times, and it is something any proficient auctioneer can do whenever he gets tired of the normal search. destroy. manipulate. over the auction house. Hell, you can do it while your doing all those things too.
Just tell me what you think about it, I'd like to see your feedback through your website. That'd be awesome!
-Linus"
Linus, there are three 'selling routes' in world of warcraft: guild/social, trade, and the auction house. If you are a clever auctioneer you can take advantage of all three. For instance, when dealing with guildies often they will sell you items just because they don't' feel like using the auction house; do them the favor of buying their stuff! I've had countless guildies come to me because they know I have money to burn and say things like: "Hey I have a dozen stacks of infinite dust, will you buy them for 200 gold?"
The next 'selling route' is through trade. Here you can spam away (keep it to once per minute) looking for deals and always be sure to be in the most frequented city of your faction (orgrimmar or stormwind). Quite often you can make a killing getting other people's professions to do your work for you such as cutting a gem for 5 gold then reselling it for 40 gold profit. But most frequently you'll get the attention of someone looking to dump the item you're trying to buy. I find trade is most useful for buying, not selling.
The last 'selling route' is the auction house. We all know just how painful and large this can look at first, and also how rewarding it is to put that little bit of effort into becoming good at it.
That little bit of effort is what seperates a poor man from a rich one and a challenger from a gladiator.
Tempfire over at the JMTC forums has a forum post which he updates regarding his favorite articles on this site for making gold.
Thanks Tempfire along with all the other great admins on the forums. Congratulations on 1200 members, you all made that possible.
Here's Tempfire's list of 'best' posts here at JMTC:
22 Steps to using the Auction house
Only 2 More hours till Raid, HELP
- Do I have to be the lowest priced item to sell?
- Selling Individual items instead of Stacks
- How to Time your Bids
- Auctioneer Review: Easy Gold
I got this tip from Rogueorc of Stormscale, but I need help fleshing it out. Please can someone make a video farming the mobs in question and post it on youtube? I'm looking for anyone with skinning and decent damage to do a quick 2 or more minute video of these mobs. Don't forget to try the kobolds and big purple spiders in the back of the cave.
"Hello!
im playing on stormscale server in wow character Rogueorc i found a good farming place i don't know if you know it or not.
In the cave at K3 in storm peaks is a gold mine :P if you kill the spiders in the cave you can get Iceweb spider silk that sell for 3-5g each and if your skinner you can get extra money. I went a run in the cave and i did get 10x iceweb spider silk and 3 stacks of Borean leather and 2x arctic fur. if you want you can make a movie on youtube and tell all other wow players.
Good Bye =)"