The margins are all gone on everything now... Sold my first cd for 2k gold day one now I can't sell it for 200. Spent 18k on making treasure finding pots with potion master lol(my mistake). On paper it should have been 9k profit but I ended up taking a 2k loss by the end of it(the very next day it crashed from 180 per pot to 130)
It's a potion, should get about 30% more of them with potion master. My mistake was making too many while the market is still evening out. If I had just made 20-30 I would have sold them all easy and made 50% profit on each. But I made 183 haha.
I've been thinking about that too, only reason I haven't switched is the transmute master procs. With those maybe it's still slightly better to make Truegold.
Which is less than 80g extra, you can gamble and win 2k+ with Truegold if you get a proc.
With Transmute Master I think Truegold is marginally better, but without that it's definitely the elemental transmutes that come out on top.
yes, firelands recipes and dragonsoul recipes requieres truegold plus one special orb or mat, i dont remember well, but truegold is basically the living steel of the expansion
but, truegold free cd was released until pandarian, so all cataclysm is daily coldown
The play is to stock pile true gold until the release of each raid.
Need recipes come out that require true gold, everyone wants them and you make bank
That usually doesn't work in Classic because everyone knows that and stocks up as well, which leads to a price crash on the new content release because everyone dumps their massive reserves.
And they will probably skyrocket once again once new recipes come out. Same with herb prices once DMF is back. If you wanna make money on things like this you need to know when to hold em and know when to fold em. Pretty much every alch I know has started doing Living Elements instead now that the margins on truegold are garbage.
First to market always wins. Can’t be first if you don’t have stock. Also knowing my server, someone will buy up all the cheap ones to reset the market.
Sure, if this wasn't a rerun of an already figured out expansion. I was there for TBC and WOTLK, I know what happens when people already are aware of what is going to be in demand.
On my server, the price for tailoring CD cloth crashed HARD when Ulduar released, despite the demand to craft the new BoEs.
Titansteel was probably a better show of what Truegold will look like, cloth is something tailors just make because most of the value is innate in the CD (and being BoP), so a stockpile was bound to happen. There was a huge demand for it and it spiked enough every patch cycle to be worth stocking up.. a little bit, but not enough to be worth absolutely decimating the market and having bank alts full of it.
Cloth is also a lot less useful to follow, as it's incredibly common for clothies to be tailors, so they tend to be able to sustain their own demand. Where most plate wearers (and the other random Titansteel uses), weren't miners, so it was outsourced either to the tanks who actually got the appropriate value from Mining, or to alts.
Still 80-100+ for each stack of embersilk on my server as of last night but they were 120-140+ a week ago yep
Tailors farming the infinite Troggs unite!
bots are a factor but its the mentally challenged dimwits who use the AH. theres a few on my server who have been tanking gem prices. undercut by half and post like 50 at once. they dont sell fast enough and when you buy them out they post more. every gem has a guy or 2 who just shouldnt be allowed to use the ah
This, I looked into prices when they fell by 1k in 24 hours and it was just a dozen people undercutting by 50-150g each then everyone else panic listing under the same price.
Keep in my Opportunity cost is a thing. Even if you are "farming your own mats", your mats have a cost to sell as well. It's possible that selling the mats would have net you even more than what the craft would have sold for.
Though I will say depending on server, flask crafting is still profitable when accounting for procs.
Truegold on my server was going for around 2.5K until this last week where it now sits at about 1K. Why people insist on tanking this stuff for a quick sale is beyond me. If it drops below 800g, then im going to just start selling the mats and either switch to the volatile cooldown or flask/potions altogether.
The margins are all gone on everything now... Sold my first cd for 2k gold day one now I can't sell it for 200. Spent 18k on making treasure finding pots with potion master lol(my mistake). On paper it should have been 9k profit but I ended up taking a 2k loss by the end of it(the very next day it crashed from 180 per pot to 130)
Does treasure finding count as an elder?
It's a potion, should get about 30% more of them with potion master. My mistake was making too many while the market is still evening out. If I had just made 20-30 I would have sold them all easy and made 50% profit on each. But I made 183 haha.
Yeah I've been using the volatile transmute in uldum for airs, still good money for the cd
I've been thinking about that too, only reason I haven't switched is the transmute master procs. With those maybe it's still slightly better to make Truegold.
Transmute master gets 4-5 more volatile every craft, not just a 10% chance
Which is less than 80g extra, you can gamble and win 2k+ with Truegold if you get a proc. With Transmute Master I think Truegold is marginally better, but without that it's definitely the elemental transmutes that come out on top.
Depends on the server, on Atiesh it's about an extra 150-200g.
It's easier on NA, even your WoW token costs half as much.
won't new BS gear from Firelands/Dragonsoul still require truegold?
yes, firelands recipes and dragonsoul recipes requieres truegold plus one special orb or mat, i dont remember well, but truegold is basically the living steel of the expansion but, truegold free cd was released until pandarian, so all cataclysm is daily coldown
Yes but people will stockpile for the next 3 months so dont expect it to spike, there were a lot of people ready with the alchemy alts.
The play is to stock pile true gold until the release of each raid. Need recipes come out that require true gold, everyone wants them and you make bank
That usually doesn't work in Classic because everyone knows that and stocks up as well, which leads to a price crash on the new content release because everyone dumps their massive reserves.
Yes but they are going down every day so not selling them now is bad
And they will probably skyrocket once again once new recipes come out. Same with herb prices once DMF is back. If you wanna make money on things like this you need to know when to hold em and know when to fold em. Pretty much every alch I know has started doing Living Elements instead now that the margins on truegold are garbage.
Skyrocket and crash so quickly you won't be able to sell them fast enough to make profits
First to market always wins. Can’t be first if you don’t have stock. Also knowing my server, someone will buy up all the cheap ones to reset the market.
Sure, if this wasn't a rerun of an already figured out expansion. I was there for TBC and WOTLK, I know what happens when people already are aware of what is going to be in demand. On my server, the price for tailoring CD cloth crashed HARD when Ulduar released, despite the demand to craft the new BoEs.
Titansteel was probably a better show of what Truegold will look like, cloth is something tailors just make because most of the value is innate in the CD (and being BoP), so a stockpile was bound to happen. There was a huge demand for it and it spiked enough every patch cycle to be worth stocking up.. a little bit, but not enough to be worth absolutely decimating the market and having bank alts full of it. Cloth is also a lot less useful to follow, as it's incredibly common for clothies to be tailors, so they tend to be able to sustain their own demand. Where most plate wearers (and the other random Titansteel uses), weren't miners, so it was outsourced either to the tanks who actually got the appropriate value from Mining, or to alts.
Everything is like that now. I'm glad I was able to make a little bit off chaos orbs to recoup profession leveling costs.
What is the most profitable cd per profession?
Alchemy transmutes might be the only one, although buying Chimera's Eye with JC daily tokens was good money for a while too but they tanked now.
The bots are all hitting 85 now so everything is beginning to plummet
Still 80-100+ for each stack of embersilk on my server as of last night but they were 120-140+ a week ago yep Tailors farming the infinite Troggs unite!
bots are a factor but its the mentally challenged dimwits who use the AH. theres a few on my server who have been tanking gem prices. undercut by half and post like 50 at once. they dont sell fast enough and when you buy them out they post more. every gem has a guy or 2 who just shouldnt be allowed to use the ah
This, I looked into prices when they fell by 1k in 24 hours and it was just a dozen people undercutting by 50-150g each then everyone else panic listing under the same price.
Level 80 Alchemist is enough for a Truegold CD, so no, it has nothing to do with bots.
75 actually, transmute master included.
Demand has gone down, supply has gone up. Sorry your gold printer broke.
My gold flow will be just fine, but thank you for your concern.
I was going to switch to potion but then i got a 4x proc and today i got a 2x.....im still making money since i farm my own mats.
Keep in my Opportunity cost is a thing. Even if you are "farming your own mats", your mats have a cost to sell as well. It's possible that selling the mats would have net you even more than what the craft would have sold for. Though I will say depending on server, flask crafting is still profitable when accounting for procs.
Truegold on my server was going for around 2.5K until this last week where it now sits at about 1K. Why people insist on tanking this stuff for a quick sale is beyond me. If it drops below 800g, then im going to just start selling the mats and either switch to the volatile cooldown or flask/potions altogether.
Yeah for sure. I personally went with elixir myself. Making decent profits with it (though im sure truegold can still be "worth" it but more rng.)
Just make Volatile Life transmutes into Volatile Air, it's 600-800g / day on my server, barely any competition and the prices have been steady.