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The rising cost of WoW tokens - implications?
gervaise1
Member EpicPosts: 6,919
The gold cost of WoW tokens has risen; hard to be precise as costs are by faction/server but "more than doubled" or "gone through the roof" seems to be the order of the day. So what might be going on?
Many official forum posters seem to have forgotten what drives the price believing it is simply Blizzard reacting to server supply & demand - so a quick refresher. What Blizzard said is that they would be monitoring external gold seller prices and setting token prices accordingly.
So a quick check on gold seller prices and - sure enough - they have nose dived. And many are advertising "huge stocks" and big discounts. No surprise then that if you can get 60k gold from a gold seller for $20 the cost of the tokens are going to have to be "about 60k". Remember that is the key link.
If a person wants to buy gold and they can get 60k from a gold seller they are - probably - not going to buy a token if all they will get is 30k. And if its 150k or it is in some regions ......
So why? Could be a combination of factors:
- tokens are having an impact on gold sellers and, as predicted, gold sellers have cut their prices;
- gold farming has become easier as a result of garrisons enabling them to offer more gold
- they have huge stocks and want to get rid of them (worth less as WoW subs "decline")
- fewer players means fewer buyers.
Many official forum posters seem to have forgotten what drives the price believing it is simply Blizzard reacting to server supply & demand - so a quick refresher. What Blizzard said is that they would be monitoring external gold seller prices and setting token prices accordingly.
So a quick check on gold seller prices and - sure enough - they have nose dived. And many are advertising "huge stocks" and big discounts. No surprise then that if you can get 60k gold from a gold seller for $20 the cost of the tokens are going to have to be "about 60k". Remember that is the key link.
If a person wants to buy gold and they can get 60k from a gold seller they are - probably - not going to buy a token if all they will get is 30k. And if its 150k or it is in some regions ......
So why? Could be a combination of factors:
- tokens are having an impact on gold sellers and, as predicted, gold sellers have cut their prices;
- gold farming has become easier as a result of garrisons enabling them to offer more gold
- they have huge stocks and want to get rid of them (worth less as WoW subs "decline")
- fewer players means fewer buyers.
Comments
They're going to hoard it and have no other use for it than WoW tokens.
Gold sellers must reduce their gold prices to be below the price asked by Blizzard in their WoW token shop or players are just going to buy their gold legitimately from Blizzard through the token system.
PS. Panserbjorne39 was it a bad blizzard outside when you were writing your message?
(Inside sorce info? Assume "true" - and not bait - a source at WoW wouldn't have info on FFXIV. What they could have access to however are the leaving surveys. So - maybe - FFXIV is being listed as the reason for leaving by c.50k people a week, small enough number to be true as well. Off topic though.)
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Kyleran: "Now there's the real trick, learning to accept and enjoy a game for what it offers rather than pass on what might be a great playing experience because it lacks a few features you prefer."
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And well, if half of the statement is a guess at best I wouldn't take the other part seriously either.
FFXIV is a good game but GW2s core game just went F2P and it releases an expansion now, that will take some players. Then you also have games like ESO, TOR and a bunch of others.
So sorry but it makes little sense. Wow have clearly been losing players and they probably still are losing them since there wont be any content patches until the expansion (or the pre expansion patch) but i FFXIV actually gained 50K players each week we would hear a lot about it, would be great for marketing. In fact it would be larger then Wow by now or at least in a few weeks. I kinda doubt that.
The problem ultimately is inflation. WoW gold is nearly worthless now due to a vast expansion in supply meanwhile the value of a dollar is holding relatively steady. When every player owns their own gold printing press it's not rocket science to figure out what's happening.
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So you are saying that 50k per week are actually filling out that survey and that 50k are going to FFXIV? Not going to any other game?
Epic Music: https://www.youtube.com/watch?v=vAigCvelkhQ&list=PLo9FRw1AkDuQLEz7Gvvaz3ideB2NpFtT1
https://archive.org/details/softwarelibrary_msdos?&sort=-downloads&page=1
Kyleran: "Now there's the real trick, learning to accept and enjoy a game for what it offers rather than pass on what might be a great playing experience because it lacks a few features you prefer."
John Henry Newman: "A man would do nothing if he waited until he could do it so well that no one could find fault."
FreddyNoNose: "A good game needs no defense; a bad game has no defense." "Easily digested content is just as easily forgotten."
LacedOpium: "So the question that begs to be asked is, if you are not interested in the game mechanics that define the MMORPG genre, then why are you playing an MMORPG?"
My assertion that going to a gold seller is more appealing? Not what I said. Blizzard themselves alluded to the link. For sure Blizzard will be able to "charge" a premium - as in offer less gold per $. Only up to a point however. A lot of gold sellers have been around a long time so - imo - we have to assume that they are delivering. And after that it is just a matter of "haggling". If Blizzard offers 20 gold for $20 would you go to Blizzard or the long established gold seller offering 60k gold? Remember people have been using gold sellers for years.
As far as the amount of gold goes - is there "more" in the economy now than there was say 3 months ago?
It certainly isn't about the $. This is happening globally. Players being able to print there own money - as in gold farmers - maybe. Remember this isn't a simple in-game supply and demand thing. The Blizzard "gold value" of a token mirrors what gold sellers are offering (as far as I checked on multiple servers). You will get an indirect link though hence maybe.
Panserbjorne39 would need to enlighten us. A survey was just my "guess" (assuming real info of course
50k a week though - only 650k in a quarter - struck me as a "plausible" number. You have to assume that not everyone would fill out the survey and of those that did some would give different answers. And yes I am assuming that WoW subs may be down more than 650k in Q3.
Maybe this is a part of it or maybe it is just gold inflation as suggested above. People leaving impacts an economy though as well.