Market Tracker for EU?

[DexA]

Hi everyone! This question is for Azzure. Since all the RMAHs in the world will be completely separated, are you planning on providing other regions with a Market Tracker based on their currency? Maybe only one for major regions, like EU or NS/AUS?
A lot of us "foreigners" visit this forum, but i guess you know that. Thanks and keep on shuffeling.

[Azzure]

We will definitely be doing US and EU regions. SEA is too small and most AU NZ players go on US so we probably won't bother with SEA. We were going to do Korea but the RMAH issues might void that.

[pmpch]

It will be very interesting to see how the markets develop. I have done some research into the WoW gold economy, and it appears that in 2006 there was a huge price gap of around a factor of 8 for EU and US. Today the prices of both servers seem to have settled at a 1.6 - 1.7 dollar average for 1000g. I guess the big questions are, will chinese gold farmers be able to circumvent the RMAH restrictions and sell to the EU/US market and how are the markets going to do by themselves (EU players have other gaming habits then US players, which will influence the local market and prices I suppose)

[Bowzer]

It will be very interesting to see how the markets develop. I have done some research into the WoW gold economy, and it appears that in 2006 there was a huge price gap of around a factor of 8 for EU and US. Today the prices of both servers seem to have settled at a 1.6 - 1.7 dollar average for 1000g. I guess the big questions are, will chinese gold farmers be able to circumvent the RMAH restrictions and sell to the EU/US market and how are the markets going to do by themselves (EU players have other gaming habits then US players, which will influence the local market and prices I suppose)

This is a very good point and I personally think that subject deserves it's own topic, assuming it hasn't yet been covered.

If prices are relatively good for na/eu marketeers, I can only imagine the mass undercutting the Chinese, and or developing nations gold farmers may produce.

Interesting indeed.

[galzohar]

I think the only real reason why Chinese do some extreme undercuts, is because they have their 12 hour shift during which they need to make as much as possible, and after that they pass the account to the next guy. Therefore they must sell the stuff before their shift is over, and to succeed in that they do some massive undercutting.

[Bowzer]

I think the only real reason why Chinese do some extreme undercuts, is because they have their 12 hour shift during which they need to make as much as possible, and after that they pass the account to the next guy. Therefore they must sell the stuff before their shift is over, and to succeed in that they do some massive undercutting.
If the market truly is robust though and large quantities of goods can be moved on a regular basis, I expect intelligent economists to repackage and sell the items at the normal market price.

Eve online worked this way because there was always demand exceeding supply, well at least for commodities like crafting materials.

[galzohar]

Yeah, buying from the Chinese was a good way to make money in WoW. But you wouldn't find their stuff too often. As much as people say the Chinese farmers rule WoW, they weren't *that* common. With D3's easier RM trading interface, we'll have to see if it gets more attention from the farmers. But honestly, I still doubt they'll have the massive effect on the market that people are crying about.

Of course, it's not just the Chinese that sell for less simply to get their stuff to sell faster. Some (many) people are impatient and undercut to get the quick (and sure) sell so they can spend less time trading and more time playing, whether it ends up paying off in the long run or not.

[EFG]

Won't bother with Sea? =(