HUGE gold inflation in Icecrown. Does it worth farming gold AT ALL?

[clarte]

Recently I successfully hit gold cap in Icecrown with lots of farming. When i wanted to sell 200k on the website's trade system, i realized that this amount of gold worth almost nothing.

I've put 200k gold for 104 coins (after trading i get 94 coins, the 10 coin tax is also ridiculous imo) and quickly got undercutted by 10-20 even almost 30 coins. Maybe by bots or ppl who hoarded up millions of gold and wanted to hold the prizes low for some reason.

https://imgur.com/a/NDNNhvT

As you can see, my offer is at the top and on the botton of the window there is a 200k for 75 coins offer.
Just a reminder again, this amount is 14k off gold cap in WotLK and we are "only" 4 months after gold squish. :-)


What do you think about this? Do you think it's worth grinding and grinding, spending irl time for a joke like this in return? I'm really curious about your opinions, experiences with gold/trading.

[Shred]

First, you won't make any serious gold by farming.

Second, don't try to sell all the gold at once. Sell quantities of 10-30 coins.

Third, be patient when selling gold. Sometimes it sells in hours sometimes it takes days.

[OhieMitzen]

You wanna count those averages per coin and see what's a beneficial area to sell.
Also since fee is based on the coin price, selling at 2-14 the fee is 1. At 15-24 it's 2. 25-34 it's 3. See the pattern?
Why would you sell for 15 coins, when you get 13 coins back. You can also sell for 14 and still get 13 from the sale. So your 14 coin sale can compete with 15/16 coin sales easily, without you losing much on gold/coin ratio.
Which one do you think is appealing: 14 coins for 14k, or 15 coins for 14k? Or 14 coins for 15k. In the end, you would still get 13 coins from the sale. 14 coins for 15k gold will stand out more.

[angrylol]

People buy these higher sums very rarely by comparison. I'd suggest you operate in 10 or 11 coin market. And don't look at these undercutters, those are desperate guys usually, just sell your 200k in parts over a month or so, for a decent price.

[SharaDemon2]

interesting, so you can sell gold for coins? I'll be sure to do that in the future. The gold cap is 200,000? That's good, at least that will help stop mass inflation.