Why is only 50% of the gold removed instead of all? So people just use up all their gold wouldnt that make economy *restart*? (no economy expert so i am not sure what the consequences would be, please dont bash me thank you!)
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Member
Gold Squish.
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Member
Probably cause, it wouldn't matter if it was 50% or all of it, people would just use up their gold buy items then after the gold squish happens they can manipulate the AH and gain money regardless?
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Member
Naah man not all. lol. Ill be investing in somethin that ill be able to resell after the squish for the same price. probably as the most people will.
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Field Medic Moderator
People think they are investing in things that will cause them to keep their gold. That gold changes hands, and it will still be cut in half. They'll then try to sell those items afterward, and the market will be flooded. The prices will drop. And guess what. Those who thought they were clever will be kicking themselves. Doesn't matter, though. The individual's gold isn't a concern. The "squish", as it is called, is addressing the overall gold available in circulation. Not the individual amounts people have.
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Member
Ya, we got more beggers than before and spam of gold selling on the rise now.
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Member
Well i mean they could all invest the gold into NPCs.
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Member
Alright...what item in-game has a high value (Don't wanna be saving 1m gold in 10 silver items now) and can be resold for 100% of the purchase cost? :D
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Field Medic Moderator
The same items everyone else will be buying and flooding the market with later.
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Member
I mean a vendor-able item. Is there such item in-game with a high value that can be bought and resold back to a vendor for the same price? In theory if such item did exist then people could store all of their gold in this item (they would probably have to buy hundreds of thousands of this item depending on its value...) then resell them to a vendor after the squish, successfully avoiding the gold squish.
Edited: October 22, 2016
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Member
Nvm :x
Dun wanna spoil mah secret lol
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Member
i remember in the early 2010's when crafted boe 264 pants would go up to 180k on the auction and house and boots for 90k and nobody gave a **** about the economy
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Member
Not exactly. If they wait a few months or even a year, they might even profit on their investments. Because eventually all prices will even out, gold will get pumped back into economy from quests, farmers, raids, dungeons. And alas the economy will normalize and become what it was before you announced the gold squish. Also players who invest in rare items such as Blood queen chokers or rare mounts will also be able to come out on top after squish. They will not come out on top within the first month or two but eventually they will be able to sell their rare items for the same price they bought it for, since those rare items have such limited supply. The main way to retain your gold after buying up mats is to NOT panic sell. Take your time.
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Member
You can't take all of ppl's gold with this squish, they know that, so 50% is perfectly fine.
People wouldn't even have enough for repairs lol.
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Member
There is a way to avoid this, http://wotlk.openwow.com/item=45978.
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Member
If everyone does this, there would STILL have a flooded market and prices drop.
