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Reverse Player
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Reverse Speculations in World of Warcraft
Warcraft economics is a passion of mine, and I decided to take that passion and construct a website to help the wow playerbase learn about their own economy. Through my free blog and gold book I have shown thousands how to make gold in world of warcraft. Come join in the conversation and see the daily posts at Just My Two Copper. Here's an example article from the site:
Ever seen the show MadMoney? If you have, you're not the only ones watching it that want to make some money. You see, countless investors do exactly what the show tells them, and wallstreet sharks take advantage of all the little fish mindlessly following the show.
How does this relate to the world of warcraft economy?
Take Icy Dragonscales. Players flocked to the auction house to buy these items which are going to be used as many as 40 at a time for a single pattern in Ulduar. What happened to the price? Supply dropped, demand rose.... 300% markup! I'm seeing Icy Dragonscales start to drop again, but not before several smart players took advantage of the influx of buyers.
I saw people buying out the dragonscales at 2-3 gold per when they used to go for 1.1-1.5 gold per. Those players who either read my post, wowinsider's post covering mine, or just saw the sudden surge of buyers, dumped their dragonscales onto the auciton house for great profits. Those players who didn't know the market grabbed as many as they could with the promise that on patch day they'd get more than double their money back.
This whole process is something I call Reverse Speculation. The art of selling goods when buyers are told they are a good deal or will be needed later. There's nothing wrong with this process, it's a totaly legitemate way to make gold, but I'd also like to point out to the newer auctioneers that this is definately something to watch out for.
Have you ever used reverse speculation to your advantage? Comment!
About the Author
Markco writes daily for Justmytwocopper.blogspot.com and enjoys making thousands of gold each day in world of warcraft.
how do i reverse a format on a sandisk mp3 player 2 get my music back?
i formatted my sandisk mp3 player. it made a new file and the mp3 wont play the songs. how do i open the file to get the songs 2 play?
You can't reverse format. Once you format you lose everything. Sorry
FanHouse: Expect LeBron to head to Windy City
Trust me. Oh, and here's another thing: When LeBron James switches his dribbling home around the Great Lakes from Erie to Michigan, he'll bring his own coach with him.
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