How the Economy Actually Works

I won't touch again on the currency flipping, I believe from my experience that it's a waste of time, you seem to think it's the most lucrative thing in the world. Give it a try.

The people that benefit the most from new uniques being added to the game are the people playing the game and finding them first.

And no, I don't deny that buying poorly rolled uniques and using crafting orbs on them is a good way to make profit, I also don't think it could be called illegitimate by any stretch.

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Duskbane wrote:

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dunkeyking wrote:

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ScrotieMcB wrote:

Once you get a few tiers down, there is a steady feed of upgrades available to buyers. Because of this constant availability

ROFL WHAT GAME ARE YOU PLAYING SMALL SON

i've been trying for days to get someone to sell me a level 50 claw without being completely chocolate faced about it

You didn't say which league, but if you were on Standard, this stuff is just junk I have laying around and would part with for next to nothing. I'm sure people have similar stuff on other leagues.

This.

Also, once the price of an item drops low enough, it actually starts coming off of the market, because the difference between trading and vendoring isn't enough to justify the time. This is why it's actually not uncommon to make very cheap items yourself; there isn't much market for junk.

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Barry wrote:

I won't touch again on the currency flipping, I believe from my experience that it's a waste of time, you seem to think it's the most lucrative thing in the world. Give it a try.

I tried it and still try it while I play. Watch for someone WTB and give him a 60:1 ratio, watch for someone WTS and give them a WTS ration. I get a flip once every...drum roll....4 hours. Woohoo! 1 extra alt per hour. Hardly going to get me to 20 exalts tomorrow.

I do that with alts to gcp.

I do the same thing with chroms to gcp, alcs to chaos 1:2 vs 1:4, regrets to anything (they are in high demand now), etc. I doubt I ever make more than 1 extra gcp per night.

On the flip side, When I buy an Andvarius for 1 exalt and sell it for 2, there is some profit worth measuring. I just watch trade chat as I farm catacombs endlessly trying to get the fusings to 5L my infernal mantle so I may have some sliver of hope of graduating 68 maps.

point me to a place when i called it illegitimate

what is shady is scamming noobs out of their currencies by ways of exploiting their lack of knowledge (just as in real life - it is shady, not illefitimate) and acquiring 'critical mass' required to corner the market using 'other ways'. this happens. most 'white knights' claiming that they got rich ingames using crafting only and pure luck are liars. just like that d3 crippled streamer how suddenly started to walk. internet is a place full of lying white knights :)

flipping currencies now is not as good as it is when league is fresh. but even now you can buy ethernals for 2-2.5ex and sell for 3 easily. do that 5 times - you are set. it takes few hours.

but it seems that ggg is ok with that. so for people that want to play arpg not auction house simulator there are even less choices. d3 at least offer clean way of 'cashing out' so most of this type of players will move there anyway leaving desolate desert behind.

btw - from my experience only players who dont play this game put worth of Alterations in Exalteds. people that play this game and vendor all the crap have thousands of Alteration orbs in their stashes and they do not even think about buying fusings. 1fus == 8alterations. so how it is that youve played for thousands of hours and you had to buy fusings?

I won't address the first 3/4 because it's nonsense.

"so how it is that youve played for thousands of hours and you had to buy fusings?"

Let's say at the point of wanting to 6 link an item I was sitting on 600 self-found alts. That's 300 jewelers. That's 75 fuses. Go 6 link an item with 75 fuses.

Are you guys serious?

Once I get any decent IIQ/IIR on a character, I'm not wasting time with Alterations at all. Alch formula (the rare+magic+white one), the Chance/Chaos/Regal formula (well not so much the Chance)... vendor dumping for Alts is beyond noobish.

Your 1/10 of a Fusing is my 1/10 of a Chaos. Assuming you're getting 16 shards. Probably more like 7 or 11.

alch formula is white+blue+rare of 20% quality - i do not think that spending whetstones/armourers to bring random crap to 20% makes this formula so way better than classic vendoring. esp that vendoring gives you alch shards too

these whetsontes/armourers are really needed for linking so throwing them away.. well.. looks noobish to me (keeping to your naming convention)

edit: checked this in practice - this is what you get for vendoring white/blue/rare without quality - all items (rings/belts too):

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ScrotieMcB wrote:

Are you guys serious?

Once I get any decent IIQ/IIR on a character, I'm not wasting time with Alterations at all. Alch formula (the rare+magic+white one), the Chance/Chaos/Regal formula (well not so much the Chance)... vendor dumping for Alts is beyond noobish.

Your 1/10 of a Fusing is my 1/10 of a Chaos. Assuming you're getting 16 shards. Probably more like 7 or 11.

Sorry to be blunt, but who gives a shit? I'm not stressing a couple chaos.

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Barry wrote:

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ScrotieMcB wrote:

Are you guys serious?

Once I get any decent IIQ/IIR on a character, I'm not wasting time with Alterations at all. Alch formula (the rare+magic+white one), the Chance/Chaos/Regal formula (well not so much the Chance)... vendor dumping for Alts is beyond noobish.

Your 1/10 of a Fusing is my 1/10 of a Chaos. Assuming you're getting 16 shards. Probably more like 7 or 11.

Sorry to be blunt, but who gives a shit? I'm not stressing a couple chaos.

This isn't something that happens once. It's something that happens over and over. If someone wanted Jewelers (I misspoke and said Fusings) and was trading Chaos 1:1 you'd do it in a heartbeat, as much as he'd take. You probably wouldn't do the optional 20 whetstone and 80 scraps for 1 Chaos though... although that is an option.

In terms of the Alch formula, I only use drops that already have quality for that one. I just pick up quality stuff, white blue and yellow, toss them in their own tab, when it's full I make stones and scraps, sometimes an alch. Most the time I get to 20 on white then pop a transmute.

To be honest though, I've never really traded stones or scraps, so I'm naive to market value... I've always had enough self-vendored for my own, and always blown excess to get alchs. I was assuming they're sub-chromatic, but even starting with quality ingredients i's often blow most of stack to get an alch. Perhaps I've been screwing myself.

i too collect quality items but only 1*3 or 2*2 size as they tend to take a lot of stash space, also all quality flasks

but doing that and then blowing it all on items you want to vendor for one alch? this isnt a good deal.

it might have been before that change that quality improves the odds of 5/6l, but now this is definitely not the case