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  1. #1
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    Chinese Farmers Destorying The US And EU Economy

    Hey People

    I was woundering what people think about the Chinese farmers playing on the US and EU RMAH.
    The impact of this could be devestating and will drive prices down to $1.50 for top end inferno items due to flooding the market.

    There is nothing blizz can do to stop this. I fear the RMAH will be worthless with everthing at minimun listing price in a matter of weeks or months.

    It is more profitable for the Chinese farmers to play on the EU and US RMAH and exchage that money for Yuan via paypal, plus the wealth of europe and america means more money in the ecomomy for those regions on the RMAH.
    What are your thoughts ?



  2. #2
    IncGamers Member Pheal's Avatar
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    Re: Chinese Farmers Destorying The US And EU Economy

    Quote Originally Posted by Enlil View Post
    Hey People

    I was woundering what people think about the Chinese farmers playing on the US and EU RMAH.
    The impact of this could be devestating and will drive prices down to $1.50 for top end inferno items due to flooding the market.

    There is nothing blizz can do to stop this. I fear the RMAH will be worthless with everthing at minimun listing price in a matter of weeks or months.

    It is more profitable for the Chinese farmers to play on the EU and US RMAH and exchage that money for Yuan via paypal, plus the wealth of europe and america means more money in the ecomomy for those regions on the RMAH.
    What are your thoughts ?
    Why would it destroy the market? Sure there will be more items, but they are random. There is a maximum % of efficiency that they will be able to achieve (nothing we can't achieve with luck) and random drops will make it less worthwhile than another game. Diablo 3 will mostly be gear dependent, I don't see the farmers equipping themselves with top end gear (remember that they aren't paid a lot). They would also have to register a different paypal account for each diablo 3 account (or farmer). Imo it will be too hard for gold farming industries to get set up properly. The market availability will be so huge that all the undercutting drops they will do will only do a pinch in the prices. This will allow non-farmers to get mats very cheap if you get to see when they will be dropping everything in the AH. Other than that, I wouldn't worry. The real issue is bots really, since anyone can run them (but that's blizz job to try to make it right), because not everyone has chinese farmer blood (lol).



  3. #3
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    Re: Chinese Farmers Destorying The US And EU Economy

    Yes thats all very true, guess I'm just scared the market will fail for what ever reason and good items and and commities will not hold a decent real money worth.
    As I and I'm sure many other want to make a decent amount of money from our farming efforts.

    Bots are a big concern, I just hope blizz invests money into smar employess to look after this issue and see its stamped out.

    Ok, I'll just chill about it. Can't wait till the 15th and clicking the AH button to see prices, commitie values and bids.

    So exciting


    Last edited by Enlil; 07-04-2012 at 18:41.

  4. #4
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    Re: Chinese Farmers Destorying The US And EU Economy

    Chinese farmers will not have that much influence on the items market. Assuming we are talking about chinese farmers and not bot farming manage by people. What farmers will probably do is farm gold with MF in the hardest difficulty they are confortable in not dying ever.

    Gold farmers should not flood the RMAH with items but with gold, with the flat fee they have no incentive to decrease item price in a server size scale and they will probably just boost the gold market by making gold from the RMAH really cheap.
    Example: Oh sweet with 10 € I can get 800.000 gold and buy myself 2 piece of tal'rasha set in the gold auction house.

    That is if we are talking about gold farmers. If bots get release and used by a lot of people it will absolutely crash the RMAH. Botters will just not care and bot 24/7, filtering nice set or legendary items to post in addition to the gold they make. Even farming 1st act of hell with a bot in an easy area will provide constant materials and gold income for a botter and it doesn't need a high risk high reward zone, just a confortable steady one.



  5. #5
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    Re: Chinese Farmers Destorying The US And EU Economy

    Quote Originally Posted by BZK View Post
    Chinese farmers will not have that much influence on the items market. Assuming we are talking about chinese farmers and not bot farming manage by people. What farmers will probably do is farm gold with MF in the hardest difficulty they are confortable in not dying ever.

    Gold farmers should not flood the RMAH with items but with gold, with the flat fee they have no incentive to decrease item price in a server size scale and they will probably just boost the gold market by making gold from the RMAH really cheap.
    Example: Oh sweet with 10 € I can get 800.000 gold and buy myself 2 piece of tal'rasha set in the gold auction house.

    That is if we are talking about gold farmers. If bots get release and used by a lot of people it will absolutely crash the RMAH. Botters will just not care and bot 24/7, filtering nice set or legendary items to post in addition to the gold they make. Even farming 1st act of hell with a bot in an easy area will provide constant materials and gold income for a botter and it doesn't need a high risk high reward zone, just a confortable steady one.
    The problem with that is it means top gear sets would only be worth $10.
    Whos going to pay $100 for it on the RMAH when they can buy the gold required to purchase the set from the GAH for $10



  6. #6
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    Re: Chinese Farmers Destorying The US And EU Economy

    Man I wish the best gear in D2 was $1.50 when I used to play.

    In other words, doubt it.



  7. #7
    IncGamers Member Pheal's Avatar
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    Re: Chinese Farmers Destorying The US And EU Economy

    Quote Originally Posted by Enlil View Post
    The problem with that is it means top gear sets would only be worth $10.
    Whos going to pay $100 for it on the RMAH when they can buy the gold required to purchase the set from the GAH for $10
    In d2, items could go for high amounts because the farming industries and bots said so (because regular players couldn't get a hold on them since they were too rare). Since this will be a free market, the prices won't be regulated as such and there will be much more people posting items (which you couldn't do in d2 unless you had a 3rd party site). People need to get the idea that items will sell for more than 10$ out of their head. Might happen at launch, but like max 3-4 months after release nothing should go higher than 10$ (and probably way less). If it's worth more than 10$ it's gonna be perfect and something farmers won't be able to get easily. And you could see it that way, there's way more people that are willing to buy an item for 10$ than one for 100$ so you get more odds to sell your item in a market like this since not everyone has 100$ upfront to spend on a single item (would you rather have 10 items at 10$ or 1 at 100$?).



  8. #8
    IncGamers Member Baalat's Avatar
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    Re: Chinese Farmers Destorying The US And EU Economy

    C'mon, cheaper items for everyone!

    Anyways most US and EU companies are outsourcing its manufacturing in Asia right? The result is cheaper stuff for everyone, while destroying the US and EU local companies, and destroying jobs, but who doesn't like a cheap smartphone, right?

    /sarcasm off



  9. #9
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    Re: Chinese Farmers Destorying The US And EU Economy

    Makes me laugh after reading these comments of nothing selling for more than $10 lol
    People such as "Markco" you know that guy ! are saying $1000 a month. Will we just have to see what happens on release.

    So there is argument on both sides of the money making issue.
    But I'm sure we will all be surprised when looking at the RMAH. I cant wait.



  10. #10
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    Re: Chinese Farmers Destorying The US And EU Economy

    Care to define what you consider to be "destroyed" in terms of an economy? Cause you seem to be implying that somehow a market where you have to compete with other people selling things is unfair to you as a seller? The amount of people saying they will be selling to the ah dwarfs the amount that say they will buy from it- its going to be a buyers market, period.




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