Starym

Token Madness: Availability Issues and Prices

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You can't really get a token anymore on most servers and prices are spiking as demand is skyrocketing.

 

So, as you already know, today saw the WoW TokenWoW Token get its versatility expanded (no, not THAT versatility), as you can now also buy Battle.net balance with it, 15$ per token to be exact. This means you can get all kinds of Blizzard stuff for WoW gold, including server transfers, level boosts and, of course, stuff from other games like the new Necromancer Diablo 3 character (when it becomes available), Overwatch loot boxes, HS packs and more (but nothing from the gear store).

But, as you'd expect, today already saw a mess form around the announcement. Most servers have simply sold out on WoW tokens, so people who just want to get their subscription renewed can't (like, for example, me!) and prices have increased even further. Immediately after the announcement at 9PM CET prices in the EU and US spiked, from an already very high (in anticipation for exactly this announcement) 112K gold to 127K on EU realms, from 62K to 70K on US realms. Asia realms are unaffected so far, but their prices are already pretty huge, at 175K for Taiwan, and a staggering 224K for Korea / 240K for China. (All stats taken from Wowtoken.info.)

(A little update as of 9AM CET: EU are at 160K, US at 88K and now even Asia servers are spiking with China at an insane 286K, Taiwan at 196K and Korea at 279K.)

Lines are already forming in Auction Houses everywhere, as people wait for someone to actually buy a WoW token with real money and list it. Meanwhile there's also AH errors popping up if you're not quite fast enough on the draw, that take your gold after you click on the buy Wow Token button, but since you juuust missed it, you get an error and (thankfully) the gold arrives back in your mailbox.

For more info on the Wow token, check out our earlier announcement of the new additions.

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I'm hoping the market over corrects and there's a flood of people putting them up trying to make crazy gold.

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5 minutes ago, Sawzorthn said:

I'm hoping the market over corrects and there's a flood of people putting them up trying to make crazy gold.

I just want to buy my damn subscription :( And then sell everything I have on all characters trying to get enough for the Necro!

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10 hours ago, Sawzorthn said:

I'm hoping the market over corrects and there's a flood of people putting them up trying to make crazy gold.

That's just it, there's going to be and already are thousands of people buying them for 15 dollars (or whatever currency unit is applicable to you) and trying to sell them but because of the huge inflated price there will be no buyers. Casual wow players who are avid hearthstone or heroes players won't invest the time to grind hundreds of thousands of gold when they could be better off just playing their respective games. I akin this to pokemons wonder trade where you could randomly trade with another player. One person had the devious idea of putting crap pokemon up to try and get something good out of it. Only problem is, everyone else had the same idea.

Depending on how this plays out though it could be an entertaining case study on the effects of inflation and market demand. Several economists have studied wow before, this may end up being another such event. 

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1 hour ago, demonardvark said:

That's just it, there's going to be and already are thousands of people buying them for 15 dollars (or whatever currency unit is applicable to you) and trying to sell them but because of the huge inflated price there will be no buyers. Casual wow players who are avid hearthstone or heroes players won't invest the time to grind hundreds of thousands of gold when they could be better off just playing their respective games. I akin this to pokemons wonder trade where you could randomly trade with another player. One person had the devious idea of putting crap pokemon up to try and get something good out of it. Only problem is, everyone else had the same idea.

Depending on how this plays out though it could be an entertaining case study on the effects of inflation and market demand. Several economists have studied wow before, this may end up being another such event. 

Price on my server has gone up from 150k when i logged on 3 hrz ago to 197k at the moment. How is that possible if people are not buying it ? Only reason for price to go up is if people are buying the tokens. 

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20 minutes ago, Blowmymace said:

Price on my server has gone up from 150k when i logged on 3 hrz ago to 197k at the moment. How is that possible if people are not buying it ? Only reason for price to go up is if people are buying the tokens. 

The price will peak, early adopters are grabbing them while they can but it will reach a point of being overstocked.  How much gold does the average player really have? After the initial grab prices will simply be too high. So as you notice we are seeing exponential growth now as people are in a mad purchasing rush, but that will fall off. Prices will be too high for the average player and even for the lower income gold seekers. Then the players that bought tokens with real currency in the hope of making wow gold will be sitting on them for awhile. That is unless there is other intervention. 

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2 hours ago, Sassypriest said:

Never thought I would see the day when blizzard would go pay to win. Welcome to the new era of World of Botcraft

You're a year or two late on that...

(As if having more gold in WoW = winning, anyway.)

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Price goes up at 3% an hour as long as no one is buying, or so I heard...sorry if this is false. 

So people are not posting their tokens waiting for higher prices...

Edited by Lefach123

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1 hour ago, Lefach123 said:

Price goes up at 3% an hour as long as no one is buying, or so I heard...sorry if this is false. 

So people are not posting their tokens waiting for higher prices...

I guess that makes sense. sold mine for 200k :D. prices going down now.

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Prices on My US server have already returned to normal right at about 61k.  Would be nice to see them drop some more.

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