Current Gold Inflation

**Hideo** · 09-06-2012, 10:58

How is gold inflation going? I checked some sites and it turns out there is about 10% inflation per DAY. That's a MAJOR hyperinflation! Is that true? That would mean, that gold economy is collapsing, just as I predicted.

**AngleWyrm** · 09-06-2012, 21:31

When I saw people calling the price of Blacksmith upgrades and stash upgrades "gold sinks" I knew the economy was doomed.

**Greizer** · 09-06-2012, 21:56

Apparently botters have stashed away billions of gold due to exploits... Once the RMAH goes online, expect gold value to tank like the Titanic (and take everyone down).

Even if the rumors aren't true, as-is crafting is useless compared to the price, so gold will continue to decrease in value. If it wasn't the only thing that can be used as a currency on the AH, it would already be totally worthless. If they buff crafting this might be alleviated; but the botter thing is a much more grim prospect.

**VirtualAlex** · 10-06-2012, 01:05

Yeah I am curious how they are going to fix inflation in this game considering that gold is simply generated anytime someone wants it.

**Azzure** · 10-06-2012, 01:20

By having far more gold sinks than they already do. Surprised blizz didn't see this coming.

**ManiiNames** · 10-06-2012, 05:10

I am trying to decide what to do with my liquid cash to preserve its buying power. If we assume the gold sellers are going to tank the market, then any gold we are holding ourselves becomes greatly devalued. So what do we do with the stuff?

**PearlOrion** · 10-06-2012, 05:50

Originally Posted by Azzure

By having far more gold sinks than they already do. Surprised blizz didn't see this coming.

Pretty sure Dark Lord Bobby Bucks saw this coming or even planned/intended for this to come.

Originally Posted by ManiiNames

I am trying to decide what to do with my liquid cash to preserve its buying power. If we assume the gold sellers are going to tank the market, then any gold we are holding ourselves becomes greatly devalued. So what do we do with the stuff?

You could sell off your old to 3rd Party China Middlemen at greatly reduced (aka cutthroat) prices and then risk getting caught in the banwave which happens 1 week after RMAH goes live.

Q: Why doesn't Blizzard want to do a banwave before RMAH goes live?
A1: Blizzard is greedy. Blizzard wants to pry the 30% tax off your gold from your cold-dead fingers before banning you.
A2: Also by keeping the economy greatly inflated, they can guarantee that no one will sell high-end items on the RMAH because they can only get $1 tax back in return.

**Greizer** · 10-06-2012, 09:52

If you have a lot of gold now, I'd buy valuable items with it. Preferably ones you can use for item farming ofc. I hear a DH with 200k dps is quite... Handy, should I say?

**semakka** · 10-06-2012, 10:35

I think you all realize that everything posted in this thread is wrong, yes?

First thing first...there is NO RMAH yet, so everything is speculation.

Secondly, hyperinflation? Based on what? The fact that some sites were selling 1 mil for 40$ then 2 weeks after they sell for 9$? This is by NO MEANS hyperinflation, because, DUH, nobody buys or sells gold yet on a volume that can be considered in calculating the inflation.When RMAH will be up and the gold will sell 1000% less in 10 days than in first day, yes, we have hyperinflation.

And third : Blizzard do not need more gold sinks, just fix the current ones, like repairs, make them 10 times higher.Or Artisans, lower the fees to encourage ppl to actualy SINK their gold.Nobody will craft **** for 100k fee is there is in AH a close **** for 50k.This paired with LOWER drop rates for rares, magic, set and legendary items.

Just stop the hype about hyperinflation and market tanking due to gold sellers.Won't happend.Gold will open at 7-8$ for a mill and stabilize at 12-15$.The price will open LOWER and stabilize HIGHER, not the other way.

Just wait 2 weeks after RMAH goes live.

**Hideo** · 10-06-2012, 11:05

I don't understand how you can speak about gold price "stabilization". There is nothing stable in this game. Gold drops all the time. People are hoarding it, waiting for RMAH. Gold sinks are completely not working (crafting). Isn't it ****ing CLEAR that the gold economy is on the verge of collapsing? XD

Also, with their current design, there is NO WAY it can be fixed. Simply put, the gold economy is doomed by design. Check sites with gold prices. It's going down very fast. In real world economy, hyperinflation is when you have about 100% per year. In this game, it's 100% per TWO WEEKS. Dude, if in RL we would have 10% inflation per day it would be simply terrible.