Dummy transactions to cash out Battle.net wallet?

[sgeos]

Paypal tracks money in, money out. That is all that needs to be tracked. Whether I pay $100K out to a bunch of accounts or take $100K in from a bunch of accounts, that is a lot of money and I suspect PayPal will freeze the account. $300... not so much.

[Davidus]

let's say you have 300$ on your battle.net account that you can't cash out
you can buy a very expensive ultra rare item for 300$ from some random stranger
sell the item for 300$
now you can cash out and you are untouchable

[galzohar]

let's say you have 300$ on your battle.net account that you can't cash out
you can buy a very expensive ultra rare item for 300$ from some random stranger
sell the item for 300$
now you can cash out and you are untouchable

Not nearly as safe as just buying a dummy item from someone you trust. Not to mention finding a 300$ item probably won't be easy, especially if we assume you attained those 300$ by selling a large number of items.

[AKUder]

Not nearly as safe as just buying a dummy item from someone you trust. Not to mention finding a 300$ item probably won't be easy, especially if we assume you attained those 300$ by selling a large number of items.

It seems to me that buying and selling gold would be the easiest thing to do. Assuming the market is in equilibrium, you would accumulate your Blizzard Balance through the sale of your items and when you wanted to cash out, you buy gold at whatever the current cost is, and immediately turn around and sell it at the same cost, only this time directing it to paypal, thereby avoiding the multiple cashout fees on the paypal end.

[daize]

Hi, I'm a newbie here, I wanted to register because I have a question about cashing out via gold.

Let's say I purchase 100,000 gold and relist it for the purposes of cashing out to Paypal. That gold is pooled and may be bought by different players; perhaps 10 different players might buy the gold at different times over several days. Does that mean I receive 10 different payments, each with its own transaction and Paypal fees? Can anyone tell me exactly how this works? Thanks!

[viledevil]

sry mate, currently unknown how they will deal with partial sales of bulk items (gold/mats/gems/etc). tbh lots is still unknown

[galzohar]

And because it's unknown, it's also unknown whether gold will be of any value as a cashing out tool.

[Gnittobis]

Were obviously going to find loop holes when it's out , we always do.

[viledevil]

i would wager that gold will suck to cash out as it currently (and may in the end) have a % based fee; better to sell an item for 250$ and pay the .15/.65.

[Concupisco Quaestus]

Star Trek Online just introduced their dilithium exchange and I could see the D3 RMAH for gold working in much the same way that does, you put up a sale offer for X amount of currency but as that currency sells it is not cashed out, it is retained within the exchange with the "withdrawal" being done at the players command, so say you put a sell offer for 10,000 gold and 5,000 of it sold in the past hour the $$$ from that 5000 gold would be logged in the RMAH along side your remaining 5000 gold, if you should choose to cash out at that point you can send the $$$ you got for that gold to your Paypal account or you can wait for the other 5k to sell before cashing out.

Fee or no fee it makes no sense to do 100 small transactions when you can do 1 larger one, I can't see Blizzard making a system where we are cashing out 25 cents at a time, it just doesn't make sense from any angle.

For those really interested in seeing a live example of how something like this can work look up the STO dilithium exchange, it is pretty much exactly what I would expect to see for our gold RMAH.


For a quick look at the STO dilithium exchange check out this video, he starts talking about the actual dilithium exchange at around 2min into the video.