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Gold Capped: How to reach the gold cap
Every week, WoW Insider brings you Gold Capped, in which Basil "Euripides" Berntsen aims to show you how to make money on the auction house. Email Basil with your questions, comments, or hate mail! Don't mind the intrusion, folks. It's me, Fox Van Allen. I'm filling in for Basil this week while he deals with the parasite that recently burst from his wife's stomach. (That's what those baby things are, right? Am I recalling seventh grade health class correctly?) If any of you have been following me on Twitter (and if you haven't, for shame), you may already know that back in March, Heartbourne of Lore Hound challenged me to a race to the 999,999g 99s 99c gold cap. I immediately accepted. After coming up with some basic rules (no gold buying, no server transfers, no "borrowing," no interfering with each other's auctions), the race to a million was on. During the contest, I was quiet about my gold-making activities -- I didn't want to tip off the competition. But now that the contest officially ended this past week, I'm free to talk about what happened. And so, my friends, what follows is the tale of how someone with virtually no gold-making knowledge went from next to nothing at the start of Cataclysm to, as of June 10, over one million gold.
Gold Capped: How much can I automate?
Every week, Gold Capped (from Basil "Euripides" Berntsen) aims to educate players about how to make money on the auction house. For the inside line on crafting for disenchanting, transmutation, cross-faction arbitrage and more, check in every Wednesday. Also, feel free to email Basil any comments, questions or hate mail! Today's inbox contained something that got me thinking about the definitions of botting and how weird the economy would be without the rules. Pat writes: I am looking at basic auction and mass-mail answering mods. I've just had a problem where I've found a good deal (Saronite Ore often drops below the vendor trash price once you forge it into bars), but it requires a titanic load of time to watch things. Time I could be using for other things, like sleeping at 4:00 a.m. when prices are super-low. Plus, it's a nuisance just to sit around and answer the mail to pick up the items. When you buy 500 stacks, even quick operations take a long time. Are there any tips or mods you could spotlight? I have tips and mods a-plenty, but I do not ever advocate making purchases while you sleep. The written rule is that this is Blizzard's world, and they can and will kick you out for "economic manipulation" without needing to provide any justification. The unwritten rule (discovered empirically through hundreds of auctioneer interactions with Blizzard CS reps, as well as letters sent to some mod authors who are on the line between just enough and too much automation) is that you can not have more than one batch run per hardware event.
Gold Capped: Ask an auctioneer -- auction house PvP
Gold Capped (from Basil "Euripides" Berntsen) is the column that will teach you how to brutalize your auction house competition and teach them the meaning of the term "opportunity cost." OK, last week I claimed that I'd eventually make it through my emails. I now realize that taunting you guys is probably a bad idea, because this week's inbox made it clear that I'll never dig myself out of the Sisyphean pile of emails I've accumulated. I assume that the winding down of this expansion has everyone trying to prepare themselves for the next expansion by hoarding gold, the only thing that will still be really valuable after the gear reset we have in store for us. Snowmane writes: I have around 1,100g, and though it fluctuates up to 2,000 at some points, recently, I'm at a low. I am a 450 alchemist and a 250 jewelcrafter, though that's on hold due to lack of funds to buy things to level with. I've looked at different ways of making money with my profession, but none seem to work. I just don't understand how people can make all this gold and easily equip themselves with things needed for raiding, when I can barely afford gemming and enchanting new piece of gear.
Gold Capped: When glyph prices hit the wall
Every week, Gold Capped brings you tips on how to make money on the auction house. This article from inscription specialist Steve Zamboni has been brought to you by Seed, the Aol guest writer program that brings your words to WoW.com. Imagine a typical glyph market on a busy realm: dozens of goblins sitting hunched over their steam calculators surrounding the trading pit, each figuring their costs and profits down to the last copper trying to gain an advantage over the others. Thousands of glyphs are posted every hour, most to be canceled and reposted an hour later at even lower prices. Eventually, one of the goblins has a flash of brilliance (or cracks under the strain; the records aren't clear) and posts all of his glyphs at a loss. The calculation engines grind to a stop, leaving the goblins to stare up at the big board in silence, then at each other. "Now what?" We call it the wall. One scribe picks a price and tries to hold the entire market to that price. If it holds, the market stops at the wall, and everyone on the other side watches helplessly as sales drop to zero. Sometimes it's done to drive off competitors; sometimes it's done to dissuade new competitors from entering the market, or just to burn up excess ink supplies ... or even just out of boredom to cause pointless drama, goblin style. Like all good goblin inventions, the wall appears simple on the outside, but remains complicated (and somewhat explosive) when put into practice. One complication is that there is more actually more than one type of wall.
Gold Capped: WoW Prospector and mailbag
Every week, Gold Capped (from Basil "Euripides" Berntsen) aims to educate players about how to make money on the auction house. For the inside line on crafting for disenchanting, transmutation, cross-faction arbitrage and more, check in every Wednesday. Also, feel free to email Basil any comments, questions or hate mail, as well as check out the long awaited 11th episode of Call to Auction! I got an email from the creator of WoW Prospector asking me to cover it. After he assured me that his servers are housed in a fire proof room lined with asbestos and at least 300 meters from any residential zones, I agreed, mainly because it's an incredibly useful tool that has saved me a bunch of spreadsheet time. Essentially, the tool will tell you how much money you stand to make prospecting various ores, given the price of ore and what you can sell the raw gems for. Here's a screenshot of it in action:
Gold Capped: The pinch
Want to get Gold Capped? Every week, Basil "Euripides" Berntsen takes a short break from trying to build a raiding guild on Drenden (US-A) to write up a guide that will help you achieve the goal of acquiring 214,748 gold, 36 silver and 48 copper. Well, technically that's just a symbolic milestone. The goal is making gold, no matter how much you have or how much you want. Got feedback, questions or hate mail? Email Basil! I've spent the last few months describing different ways to make money. I've also touched on auction house "PvP" a bit but haven't talked about it in depth. The reality is that when you post something for sale, every sale you make is a sale your competitors don't make. The reason I got involved with the AH and in-game economy at the beginning was that I needed money and hated farming. The reason I stayed? My competition. You know that feeling you get when you are in a battleground and everything just lines up, and you win? That feeling is what I get when I empty my mailboxes every morning. Playing the AH would be much less rewarding if there were no competition.
Gold Capped: Market timing
Want to get Gold Capped? Watch this space every week as Basil (also of the Call to Auction podcast, the Hunting Party podcast and outdps.com writes about making gold in the World of Warcraft. Have questions, comments, or threats for him to get off your damned server? Email Basil! The prices for all kinds of things fluctuate. I talked a little about this in my post for casual auctioneers, but there is serious money to be made with market timing for very little investment. Basically, the goal is to watch prices for a few weeks, try to predict their next swing, and take advantage by buying low and selling high. Watching prices Easier said than done, like most things worth doing. You might get hundreds of items you'd like to watch, and short of a photographic memory or a manual spreadsheet, you're going to need some help keeping track of it all. Enter Market Watcher. This is a nifty addon that, once configured, allows you to scan the auction house for just the things you're interested in, and will show you a graph of their prices over time once you get a couple scans done.
Gold Capped: The saronite shuffle
Want to get Gold Capped? This column shows you how. Join author Basil "Euripides" Berntsen, also of outdps.com, the Hunting Party podcast and the Call to Auction podcast. Saronite Ore is cheap and plentiful. Prospecting it with a jewelcrafter used to be extremely profitable back before the introduction of the disenchant option in dungeons, and the price of Infinite Dust was floored. It was so popular that we had our own name for it: The Saronite Shuffle. Well, it's back! It's no longer profitable to use it for making enchanting mats, however it sure is profitable overall!
Gold Capped: Making money with jewelcrafting
Want to get Gold Capped? This column will show you how, and is written by Basil "Euripides" Berntsen, also of outdps.com, the Hunting Party podcast, and the Call to Auction podcast. Hi folks, this week we'll be going over jewelcrafting. Making money with jewelcrafting can be a challenge, but it's a rewarding one. In fact, very few professions have as much earning potential as this one does. We'll start with the easy part: if you have a jewelcrafter, where's the low hanging fruit? I like to call this "reactive" profits. Anything where you can get a fixed income sort of profit for minimal effort, but you can't grind falls into this category for me. Alchemy has daily epic gem transmutes, mining used to have a daily Titansteel cooldown, tailoring has a bag cooldown, etc. What does jewelcrafting have?
Time Is Money: Overcutting in times of scarcity
Welcome to Time Is Money! This is the column where Basil "Euripides" Berntsen is occasionally allowed to post stuff that's too short for Gold Capped, but too long for Twitter! Also, don't forget to drop by the Call To Auction in game event next Sunday! As a bit of a follow up from my recent post about deep undercutting, I'd like to take this opportunity to explore the other side of the equation. When there's more supply than demand, deep undercutting is more money for you, but less for your competitors. What about when there's a lot of demand, but little supply, though? Obviously, this is when you should raise your prices. Overcutting is a term coined by Tim in the comments of that last post. Thanks Tim; I'd been looking for a word for this. When you have something for sale and it is literally flying off the shelves, there's no reason to undercut. At least, not the lowest price on the auction house. When there is lots of demand, you can take the opportunity to maximize your profit margins!
Gold Capped: Auction house addon list
Every enterprising entrepreneur needs tools to manage their business. These tools will help us overcome the inherent inefficiency of the default UI. The new interface changes coming in patch 3.3.3 will solve some problems (mostly for posting en masse) but will not help us with other parts of the equation. Auctions The first thing you'll need is something that will let you manage auctions. I use different addons for different businesses:
Time Is Money: Felwood's wildlife
Kebina Trudough here, offering you the best gold making secrets they don't want you to know about! I was like you once, poor and homely, before I discovered my patented system. Now you too can fill your pockets with the good stuff without ever breaking a sweat! Why spend all your time toiling when you could be vacationing in the Hot Springs? I'm not offering these tips for 100 gold, or 90 gold, or even 50 gold! No, not even 20 gold! My system is yours for FREE! Satisfaction guaranteed or I'll give you a full refund (handling charges may apply). After all, Time Is Money. Today, I'm going to talk to you about a way to make money skinning in Felwood, although similarly leveled zones work as well. This can be done with higher level characters or those who are at-level (50-60), although it moves more quickly if you have a character capable of chain pulling without having to stop to eat or drink or run back to your corpse all the time. If you don't have a skinner that is a high enough level, you really should get one. Leather sells consistently well, and is very easily gathered. In fact, you could get one today! Create a Death Knight, train skinning, and go on a rampage, starting with a low level starter zone and working your way up. Now that we've settled that, let's get down to the particulars.
Time Is Money: Selling in multiple stack sizes on the auction house
Time Is Money is where the WoW.com editors told Basil to put all his nonsense instead of clogging up their inboxes with thoughts and tips about gold making in World of Warcraft. Hi folks! Today we'll be talking about something that many experienced auctioneers have discovered on their own-- the stack size you list on the auction house has an effect on your profits and sales volumes. There are many types of things that you'll find yourself selling as you get more involved in making gold on the AH, and most of them are being bought by people who need more than one, but less than a stack. The buyers for whatever product you're marketing are motivated mostly by price, however also by convenience. If a buyer needs a stack of 3, say, Infinite Dusts, unless you provide them with the choice of buying a stack of three, they need to choose between 3 singles or a stack that would leave them with leftovers. If the prices are the same, they'll typically go for avoiding leftovers. Many will even pay more for singles to they can avoid leftovers. You also have to factor in that many of them use the default AH interface, complete with its horrible sorting, so they may just buy the singles to avoid having to page through to the stack size they want.
Time Is Money: Putting your emblems to work
Kebina Trudough here, offering you the best gold making secrets they don't want you to know about! I was like you once, poor and homely, before I discovered my patented system. Now you too can fill your pockets with the good stuff without ever breaking a sweat! Why spend all your time toiling when you could be vacationing in the Hot Springs? I'm not offering these tips for 100 gold, or 90 gold, or even 50 gold! No, not even 20 gold! My system is yours for FREE! Satisfaction guaranteed or I'll give you a full refund (handling charges may apply). After all, Time Is Money. If you're like me, you have a lot of excess emblems sitting around. Maybe you never got around to spending them before the next tier came out, or maybe the badge gear just never quite compared to your raid drops. Whatever the case, there is no sense letting them go to waste when you could put them to work and earn some gold! First, here is a quick breakdown of the current badge system, from most recent and difficult to acquire on down: Emblem of Frost: These can be acquired primarily by raiding Icecrown, completing the Raid Boss Per Week "weekly," or by completing one WotLK heroic dungeon per day using the Random tool. Emblem of Triumph: Most raids now drop these badges, as well as heroics. You will also be awarded these for doing any number of WotLK heroic dungeons past your first one per day using the Random tool. You will also get some by completing your first normal WotLK dungeon per day using the Random tool, as well as completing the Raid Boss Per Week "weekly." Also of note: If you get Heroic Oculus using the random tool, don't drop group! Not only has it been nerfed like crazy, but when you defeat the end boss, every player will receive a loot bag that will contain these badges and more, plus a chance at getting the super rare Reigns of the Blue Drake, which used to be available only by killing Malygos, who now drops his 25-man version (Azure) in both 10 and 25-man. Emblem of Conquest: Originally, these were acquired by running 10-man Coliseum, or 25-man Ulduar. Emblem of Valor: Originally these dropped from Ulduar 10-man and Naxxramas 25-man. Emblem of Heroism: These were among the first WotLK badges, and dropped from Naxxramas 10-man and heroic dungeons.
Time Is Money: Dungeon finder
Kebina Trudough here, offering you the best gold making secrets they don't want you to know about! I was like you once, poor and homely, before I discovered my patented system. Now you too can fill your pockets with the good stuff without ever breaking a sweat! Why spend all your time toiling when you could be vacationing in the Hot Springs? I'm not offering these tips for 100 gold, or 90 gold, or even 50 gold! No, not even 20 gold! My system is yours for FREE! Satisfaction guaranteed or I'll give you a full refund (handling charges may apply). After all, Time Is Money. The new Dungeon Finder that was added in Patch 3.3 has been garnering a lot of attention lately - and for good reason! But did you know that you could use it to make money?
Time is Money: Down with the cooldown
Kebina Trudough here, offering you the best gold making secrets they don't want you to know about! I was like you once, poor and homely, before I discovered my patented system. Now you too can fill your pockets with the good stuff without ever breaking a sweat! Why spend all your time toiling when you could be vacationing in the Hot Springs? I'm not offering these tips for 100 gold, or 90 gold, or even 50 gold! No, not even 20 gold! My system is yours for FREE! Satisfaction guaranteed or I'll give you a full refund (handling charges may apply). After all, Time is Money. Among the goodies that patch 3.3 will bring is a very welcome change. Transmute: Titanium will no longer be subject to a cooldown! This means that you can turn all of the saronite bars you can get your hands on into titanium bars; and saronite is so easy to obtain. Check out our previous guide to mining saronite. So how will this change how you will go about making your money? Pass through the break to find out.
Time is Money: Fishing for angels
Kebina Trudough here, offering you the best gold making secrets they don't want you to know about! I was like you once, poor and homely, before I discovered my patented system. Now you too can fill your pockets with the good stuff without ever breaking a sweat! Why spend all your time toiling when you could be vacationing in the Hot Springs? I'm not offering these tips for 100 gold, or 90 gold, or even 50 gold! No, not even 20 gold! My system is yours for FREE! Satisfaction guaranteed or I'll give you a full refund (handling charges may apply).Angelfish, that is. Not only are they scrumptious, they're extremely profitable. How does 80 gold (give or take, depending on your realm) per stack of 20 sound to you?Time InvestedSet aside 10-30 minutes a day to farm up a stack or two. If no one else is farming Dragonfin Angelfish in the area at the same time, you should be able to knock it off pretty quickly.
Time is Money: On patrol
Kebina Trudough here, offering you the best gold making secrets they don't want you to know about! I was like you once, poor and homely, before I discovered my patented system. Now you too can fill your pockets with the good stuff without ever breaking a sweat! Why spend all your time toiling when you could be vacationing in the Hot Springs? I'm not offering these tips for 100 gold, or 90 gold, or even 50 gold! No, not even 20 gold! My system is yours for FREE! Satisfaction guaranteed or I'll give you a full refund (handling charges may apply).How would you like to make 45g in less than 20 minutes per day? Act quickly, and they'll throw in 850 Argent Crusade reputation and a shot at your very own Deputy Pa'trolla Badge!Individual results may vary. If you are not level 80 yet, you won't make as much gold, but you will gain a whopping amount of experience! So how can you take advantage of this once-a-day offer? By going on a Troll Patrol of course! You need to finish in 20 minutes or less to get the full benefits, but lucky for you, I have all the tips to get you movin'.
Time is Money: Capitalizing on Patch 3.2
Kebina Trudough here, offering you the best gold making secrets they don't want you to know about! I was like you once, poor and homely, before I discovered my patented system. Now you too can fill your pockets with the good stuff without ever breaking a sweat! Why spend all your time toiling when you could be vacationing in the Hot Springs? I'm not offering these tips for 100 gold, or 90 gold, or even 50 gold! No, not even 20 gold! My system is yours for FREE! Satisfaction guaranteed or I'll give you a full refund (handling charges may apply).New patches always bring unique and often limited-time-only opportunities to cash in. To take advantage of them you have to be aware, come prepared, and be willing to invest in anything from materials to spending some quality time with the Auction House. So what can you get out of patch 3.2? Scanning through the latest PTR notes, here are some potential gold-making highlights. Remember, results may vary:GlyphsStrangulate, a Death Knight ranged ability that silences, will soon also apply a 3 second Interrupt effect on non-player controlled targets (read: not for PvP). While a few other abilities are also getting this buff, you might note that there is actually a Glyph of Strangulate, which skims 20 seconds off its cooldown. Considering how many fights depend on the tank and DPS to constantly be interrupting effects (General Vezax anyone?), this particular glyph might become more popular. Frustrated Paladins everywhere probably have dropped Glyph of Exorcism from their PvP specs, but with 3.2 making it usable on players again, they may be wanting it back.Glyph of Claw is being added to the game, and you can expect pretty much all ferals pre-level 50 (when they train Mangle) to pick it up. Although you won't be able to make this pre-patch, you could farm the materials.
Time is Money: Farming for Nerubian Chitins
Kebina Trudough here, offering you the best gold making secrets they don't want you to know about! I was like you once, poor and homely, before I discovered my patented system. Now you too can fill your pockets with the good stuff without ever breaking a sweat! Why spend all your time toiling when you could be vacationing in the Hot Springs? I'm not offering these tips for 100 gold, or 90 gold, or even 50 gold! No, not even 20 gold! My system is yours for FREE! Satisfaction guaranteed or I'll give you a full refund (handling charges may apply).Nerubian Chitins are gathered by Skinners and used by Leatherworkers, and although they show up on a number of mobs, there are only a handful of areas that are actually worth farming. They sell for around 5g a piece, and Leatherworkers consume them in bunches from one up to 40! In fact, for several levels, the chitins provide some of the best and cheapest leveling options. On the low end, they are used for leg armor enhancement kits, and on the high end, epic gear.Azjol-NerubIf you can get a group to run Azjol-Nerub with you a few times, with you as the only Skinner, you'll make quite the profit. The skinnable mobs there have an average drop rate of about 25%.In Icecrown, before you start questing...Upon entering Icecrown, your first stop will likely be the Argent Vanguard, a mid-size outpost with several quests available to you. Before you begin these quests, or at least, before you hand in A Cold Front Approaches, start farming the mobs around the camp. Once you hand in that quest, you phase out permanently, and all of those spiders will be gone.
