Stan

Global Gem Market Crash

9 posts in this topic

QDerRdz.jpg

The gem market has crashed overnight. The value of Legion gems has dropped to 1/4 of their usual price.

Gem Market Crash

It's happening as we speak. Legion gems, namely Saber's Eye of IntellectSaber's Eye of Intellect,  Saber's Eye of AgilitySaber's Eye of AgilitySaber's Eye of StrengthSaber's Eye of Strength are currently being duped, and many realms are reporting high influx in quantity and high price drops. The gems have dropped to approximately 1/4 of their usual value and everything happened just overnight! Crafting material cost is far higher than cut gems what makes Jewelcrafting no longer as attractive.

TSM Snipers Beware!

This is a warning for anyone using the TradeSkillMaster add-on for sniping items. Don't buy these gems IN BULKS if they appear in your filters, you will only lose your precious gold. The same applies if you see Level 1 characters selling them for cheap. You won't be able to make much profit with such spikes in supply.

The Undermine Journal Reports

Checking US-Illidan, the prices of Saber's Eye of IntellectSaber's Eye of Intellect have dropped from 20,000 down to as low as 5,300 Gold per piece in just two days. This isn't going on only in Americas, have a look at Aegwynn (EU).

We'll have to wait and see if the prices will become stable once again or if Jewelcrafting is going to be dropped by a lot of players. Is your realm affected?

  • Like 1

Share this post


Link to post
Share on other sites

Completing a purchase via the Auction House, for any items that have been proven to be duped (compromised) are protected. You will get your gold back, but items considered compromised, will be removed and returned to the rightful owners. Items purchased within trade, are not protected, you will lose your gold and items that you purchased.

I know this, thanks to assistance from @BlizzardCSEU_EN on Twitter as I was concerned regarding the recent flooding of TCG pets.

As the OP mentions, be vigilant, when purchasing anything, especially when the deal looks too good to be true and steer clear of trades, especially when the seller is a level 1.

Share this post


Link to post
Share on other sites

I'm guessing chinese found the dup. every year they have to screw with the market. 

Last time I remember they duped Spectral Tigers and sold them online ridiculously cheap, and right before that they duped JC tiger mounts in pandaria xpak. How about we block the entire country's IP addresses and get it over with :P

 

EU - Twisting Nether, Saber's Eye of IntellectSaber's Eye of Intellect used to be around 25k to 30k, it's 9k on AH now.

Edited by mnime

Share this post


Link to post
Share on other sites

EU-Blackscar, one guy dropped prices of Saber's Eye of Agility from 15k to 9k. Happened today, few hours ago, and he's lowering prices for crazy amounts (putting up 10 at once)

I dunno, maybe we can write to GM (somehow, can't find the real reason to do that) to check?

Share this post


Link to post
Share on other sites

Confirmed for Argent Dawn EU. and I was wondering what's going on... We were only 3 people with 800JC and suddenly the prices just crashed.

Share this post


Link to post
Share on other sites

Sadly it was inevitable, with prices so high and so few crafters on some servers it's a good return for the dupers.  

Blizzard really need to do more to clamp down on this as for some players, gold making is just as much a part of the game as raiding or high end PvP.

For those players that have pushed their JC all the way to 800, spent a lot of gold in the process it really must be a kick in the teeth.

Remind's me a lot of Dragon Soul when the epic gems were so rare and seeing level 1's in trade offering 100's during the first week of raiding!

My advice to crafters - try and ride out the storm, you can't really compete with someone who obtained them for "free" and you'll only get frustrated.  It will just push the prices down even further.

For buyers - it's too hard for me to say don't buy an item cheaper than you expected, as for a lot of people wanting the gems it's to ensure you can keep your raid spot, improve your toon.  Just ensure you buy from the auction house like Graham suggested above.

For Jewelcrafters who aren't yet 800 and considering pushing their profession to max - play it safe and see what happens over the next few weeks!  Remember to use Darkmoon Faire for the +5 skill points but don't inverst anymore gold until we see what Blizzard does.

First Obliterum, now gems - sigh.

 

  • Like 1

Share this post


Link to post
Share on other sites
On 10/1/2016 at 10:15 AM, Peelyon said:

Remind's me a lot of Dragon Soul when the epic gems were so rare and seeing level 1's in trade offering 100's during the first week of raiding!

This was just crazy. I remember logging on one day, noticing all my auctions were expired after normally selling. Looked in trade, people selling them for 1/10th of the price in quantities of 100+. Was just horrible.

It happens in the TCG market too. It can be so fickle because a simple wave of duping completely screws everything up.

  • Like 2

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now


  • Recently Browsing   0 members

    No registered users viewing this page.

  • Similar Content

    • By Stan

      Gladiators will get proto-drake mounts in Battle for Azeroth. The game files contain tints for up to 7 PvP Seasons.
      Flavor text: They say that proto-drakes can smell fear. This iron-bound monster FEEDS off of it.
      Black Gladiator's Proto-Drake

      Blue Gladiator's Proto-Drake

      Gold Gladiator's Proto-Drake

      Green Gladiator's Proto-Drake

      Pale Gladiator's Proto-Drake

      Purple Gladiator's Proto-Drake

      Red Gladiator's Proto-Drake

      More About Battle for Azeroth
      Battle for Azeroth Alpha Build 26032 New Creature Models Battle for Azeroth Alpha Build 26032 Talent Changes Battle for Azeroth Alpha Build 25976 Highlights Battle for Azeroth Alpha Build 25976 Talent Changes Battle for Azeroth Alpha: Azerite, Heart of Azeroth, Item/Stat Squish, UI Changes Battle for Azeroth Dev Notes: February 6 Blizzard on Hunter Pet Changes in Battle for Azeroth Class Changes in Battle for Azeroth Dungeons, World Bosses & Raids Dark Iron Dwarves Allied Races Overview First Aid Removal in Battle for Azeroth Frog Mounts Hunter Pet Changes in Battle for Azeroth Legacy Loot Mode in Battle for Azeroth New Mythic Keystone Affixes in Battle for Azeroth New Hunter Spell Animations in Battle for Azeroth New Warlock Spell Animations in Battle for Azeroth New Creature Models in Battle for Azeroth (Alpha Build 25976) Profession Changes in Battle for Azeroth Siege of Orgrimmar Timewalking Coming in Battle for Azeroth Vicious War Basilisk Mount in Battle for Azeroth Warfront Weapons in Battle for Azeroth
    • By Stan

      Players will be able to acquire various frog mounts in Battle for Azeroth. The game currently lists three different tints that we cover in this article.
      Frog Mounts
      Players can ride frogs in Battle for Azeroth. We found three different toad tints in the game files. The ground mount has no source indicated yet (PH Frog (Green)) and shares models with the toad loa of Nazmir.
      Blue

      Green

      Yellow

      Mount Animations
      The toad mount jumps while running and has a cool /mountspecial animation!

      More About Battle for Azeroth
      Battle for Azeroth Alpha Build 26032 New Creature Models Battle for Azeroth Alpha Build 26032 Talent Changes Battle for Azeroth Alpha Build 25976 Highlights Battle for Azeroth Alpha Build 25976 Talent Changes Battle for Azeroth Alpha: Azerite, Heart of Azeroth, Item/Stat Squish, UI Changes Battle for Azeroth Dev Notes: February 6 Blizzard on Hunter Pet Changes in Battle for Azeroth Class Changes in Battle for Azeroth Dungeons, World Bosses & Raids Dark Iron Dwarves Allied Races Overview First Aid Removal in Battle for Azeroth Hunter Pet Changes in Battle for Azeroth Legacy Loot Mode in Battle for Azeroth New Mythic Keystone Affixes in Battle for Azeroth New Hunter Spell Animations in Battle for Azeroth New Warlock Spell Animations in Battle for Azeroth New Creature Models in Battle for Azeroth (Alpha Build 25976) Profession Changes in Battle for Azeroth Siege of Orgrimmar Timewalking Coming in Battle for Azeroth Vicious War Basilisk Mount in Battle for Azeroth Warfront Weapons in Battle for Azeroth Zandalari Druid Flight & Travel Forms
    • By Stan

      A roundup of everything we know so far about Dark Iron Dwarves.
      A detailed preview of Dark Iron Dwarves coming in Battle for Azeroth.
      Dark Iron Dwarves
      Welcome to our preview of Dark Iron Dwarves! The Allied Race is gated behind Battle for Azeroth content and won't be available before launch. Here you will learn more about racial abilities, playable classes, Heritage armor and customization options of the Allied Race!
      Racial Abilities
      Dungeon Delver (Racial Passive) - While indoors, move 4% faster. Fireblood (Instant, 2 min cooldown) - Removes all poison, disease, curse, magic, and bleed effects and increases your primary stat by 100 for each effect removed. Lasts 8 sec. Forged in Flames (Racial Passive) - Reduces damage taken from Physical attacks by 1%. Mass Production (Racial Passive) - Items crafted by Blacksmithing are created twice as quickly. Mole Machine (Instant, 30 min cooldown) - While outdoors, summon a Mole Machine that tunnels through the earth. Playable Classes
      Paladin More classes have not been confirmed yet.
      Heritage Armor
      Level up an Allied Race character to 110 to receive special Heritage armor. The following screenshots are from the BlizzCon 2017 panel.

      Racial Mount
      We currently have no information about the racial mount.
      Sound Files
      Our friends at MMO-Champion uploaded sound files, including flirts, jokes & VO of Dark Iron Dwarves! We've listed the videos below.
      Customization Options
      Below is an overview of customization options available to Dark Iron Dwarves in the latest Alpha Build 26032. Dark Iron Dwarf males have fiery beards, while females have the same effect on their hair.
      Skin Tones

      Hair

      Faces

      Hair Color

      Facial Hair

      Piercings

      More About Battle for Azeroth
      Battle for Azeroth Alpha Build 26032 New Creature Models Battle for Azeroth Alpha Build 26032 Talent Changes Battle for Azeroth Alpha Build 25976 Highlights Battle for Azeroth Alpha Build 25976 Talent Changes Battle for Azeroth Alpha: Azerite, Heart of Azeroth, Item/Stat Squish, UI Changes Battle for Azeroth Dev Notes: February 6 Blizzard on Hunter Pet Changes in Battle for Azeroth Class Changes in Battle for Azeroth Dungeons, World Bosses & Raids Dark Iron Dwarves Racial Abilities First Aid Removal in Battle for Azeroth Hunter Pet Changes in Battle for Azeroth New Mythic Keystone Affixes in Battle for Azeroth New Hunter Spell Animations in Battle for Azeroth New Warlock Spell Animations in Battle for Azeroth New Creature Models in Battle for Azeroth (Alpha Build 25976) Profession Changes in Battle for Azeroth Siege of Orgrimmar Timewalking Coming in Battle for Azeroth Vicious War Basilisk Mount in Battle for Azeroth Warfront Weapons in Battle for Azeroth Zandalari Druid Flight & Travel Forms
    • By Stan

      Blizzard added the racial mount of Mag'har Orcs to the game along with Vulture mounts and various creatures in the latest Alpha Build.
      Welcome to our second preview of new creature models in Battle for Azeroth. If you missed the first round covering new models of Anduin, Greymane, Jaina or Queen Azshara, you can find it here. This preview is mostly dedicated to new Vulture Mounts that will be available to players in Battle for Azeroth... and let's not forget about the racial mount of Draenor Orcs!
      Mag'har Orcs Racial Mount
      Ion confirmed in the latest Q/A that Mag'har Orcs will be added as an Allied Race in the future. Their racial mount is a direwolf.

      Vulture Mounts
      Blizzard added new Vulture mounts with various recolors to the game in the latest Alpha Build.

      New Creature Models
      Below is a list of new creatures that were added in Alpha Build 26032.
      Harvest Golems

      King Dazar

      Kul Tiran Male Armored

      Lady Ashvane

      Void Wrath

      Vigo

      Zul

       
    • By Stan

      Transmog collectors and the community are not particularly happy with personal loot rules used in leveling dungeons since Patch 7.3.5 launch. Blizzard will be reverting the change back in Battle for Azeroth by activating something called "legacy loot mode".
      How Will Legacy Loot Mode Work?
      The loot mode will activate automatically upon entering a dungeon or raid that's trivial for you (your character is 10+ levels higher than the dungeon or raid's intended level). The number of items dropped by bosses will be the same as it would have been if you were in a full party or raid. All items on the loot table will have a chance to drop, regardless of your set Loot Specialization. Loot will be tradable and split among members of your party or raid. You can learn more about transmog in our section!
      Blizzard (Source)
      Since the Patch 7.3.5 change to use personal loot rules in leveling dungeons, we’ve heard a lot of feedback from Transmog hunters concerned about how this has affected the ability to collect appearances from older content. We hear you, and agree it’s a problem, so we’ve been working on a more robust solution for Battle for Azeroth. Once these updates are implemented, entering a dungeon or raid that is trivial for you (i.e.: your character is 10 or more levels higher than the dungeon or raid’s intended level) will activate a “legacy loot mode.” That loot mode will work like this:
      The number of items dropped by bosses will be the same as it would have been if you were in a full party. So if you’re in a 5-player dungeon, you’ll get 5 players’ worth of loot. For raids with a flexible raid size (such as Raid Finder), this will act as though there were 20 players in the raid. All items on the loot table will have a chance to drop, not just the ones that are designated for your spec. If you have multiple players in the group, the loot will be split among those players, but be tradeable. For example, if you’re clearing with one other player and kill a boss that should drop 4 items, you’ll each be able to pick up two items and trade them between each other if you like. While the personal loot change was a key part of what allowed us to expand leveling dungeons to encompass a wider range of levels, and we’re happy with it in that environment, we recognize that it’s not a great experience for those who enjoy clearing older content for transmog, and hope that these changes will make that more enjoyable once they’re complete. 
      Thanks again for all of the feedback!
      More About Battle for Azeroth
      Battle for Azeroth Alpha Build 26032 New Creature Models Battle for Azeroth Alpha Build 26032 Talent Changes Battle for Azeroth Alpha Build 25976 Highlights Battle for Azeroth Alpha Build 25976 Talent Changes Battle for Azeroth Alpha: Azerite, Heart of Azeroth, Item/Stat Squish, UI Changes Battle for Azeroth Dev Notes: February 6 Blizzard on Hunter Pet Changes in Battle for Azeroth Class Changes in Battle for Azeroth Dungeons, World Bosses & Raids Dark Iron Dwarves Allied Races Overview First Aid Removal in Battle for Azeroth Hunter Pet Changes in Battle for Azeroth New Mythic Keystone Affixes in Battle for Azeroth New Hunter Spell Animations in Battle for Azeroth New Warlock Spell Animations in Battle for Azeroth New Creature Models in Battle for Azeroth (Alpha Build 25976) Profession Changes in Battle for Azeroth Siege of Orgrimmar Timewalking Coming in Battle for Azeroth Vicious War Basilisk Mount in Battle for Azeroth Warfront Weapons in Battle for Azeroth Zandalari Druid Flight & Travel Forms