Low $250 Auction Price Cap puts 3rd Party Gold/Item Selling Sites out of business?

[Eagle]

While Bashiok gets things wrong sometimes his corrections to his mistake are usually accurate. And the "Hard Cap" was his correction to an earlier "no bidding cap" tweet.

It could still be wrong but the current "official" state of play is clearly "Hard Cap". Bashiok is an official source as far as 99.9% of people are concerned, even if he is wrong sometimes.

[Enlil]

As Blackstream said:

Bashiok is about as offical as we get.
https://twitter.com/#!/Bashiok/statu...47112462958592

I'd bet he's right this time and thats how the pricing will be.

[Coolhwip]

Who cares about the $250 cap of Blizzard's AH system? In the past the RMAH didn't exist and you paid for items directly to the vendor, that is not going to change just because Blizzard developed their own middleman scheme to milk their customer's cash.

[mickptd]

I have 1000€ item.


I sell it for gold (blizz takes 15%) = 850€ + time


I sell gold at RMAH (3x 250€ packs and 100€ ) (blizz takes 15%) = 739€ + timex2


I transfer money to paypal (another 15%) = 643€


Summary: 357€ lost


Action: got to 3d party site and sell it for €800


Am I wrong somewhere?

[Blackstream]

Am I wrong somewhere?

Not really, other than you could reinvest to make up that difference. Buy equivilent cost (or better) cheaper items and sell those on the rmah instead, for example.

Also the assumption that the 3rd party site will work for you as expected. Auctions have the potential to drive up the price quite a bit.

[ADJMan]

Well you could always, sell it for the value + value lost due to fees. So instead of selling it for $1000 worth of gold you sell it for $1500 worth of gold and in the end you end up with a close approximation of what you believed the item to be worth. Roughly 93% of original value.

[semakka]

Am I wrong somewhere?

Only when you are thinking that 3rd party sites are the same equivalent of RMAH in terms of security.

Go ahead, get scammed for 800 euros