Gold for Cash
The Diablo 3 RMAH is now selling gold:
After clearing Act 2 Inferno with an average elite group success rate of 76%, I found my Nephalem stacks falling off as I repeatedly lured elites away from the exits to stages in Act 3. Any semblance of self-respect vanished after I spent more than an hour and 120,000g in repairs just making my way across The Keep Depths Level 2. Yes, a single, nondescript floor. The “Checkpoint!” pop-up honestly felt like a level-up or Achievement. And I suppose it was both.
I have heard grumbling about stealth buffs to elemental damage in one of the 1.03 hotfixes, but given I was already running around with 900+ resistance – way above the recommended level that people who kill Inferno Diablo use – and the fact that Ghom was physically impossible (a friend cheese-Barb’d it for me), I decided to book it back to Act 1. Let me tell you: after my experiences in Act 2 & 3, Act 1 was clown shoes. Even after stacking 150% Magic Find, the only things that kill me are the Arcane beams and unfortunate Freezes when I am not paying attention.
I bring all this up as a way of saying that I have been farming Act 1 basically once a night for the past week or so. The route I take is TryHard‘s, completing it in about ~40 minutes and netting ~140,000g in gold drops and vendor loot. There are usually about a half-dozen rares that are sellable in addition to that, although until recently I was not particularly successful. Now that I have a firmer grasp on which combinations/stats are more valuable…
…but today all of this has changed for me.
That 722,500g is no longer a means of purchasing a better weapon with more Life on Hit for progression… it’s $2.24. Nor is the 900+ DPS 1H weapon I snagged for a 1.5 million gold bid (a true steal) actually 1.5 million gold – it’s a somewhat ludicrous $4.65 cash shop transaction. That I did not whip out my credit card is irrelevant; like most AH goblins, I have preached the opportunity cost hymn too much to ever look at such things differently. Given that I could use the weapon to help clear Act 3 and then resell it for 3 million, perhaps it is more like a loan. Or a Vegas gamble at the nickle slots.
One final thing I want to mention, is the somewhat bizarre realization I had earlier tonight when examining the RMAH for signs of weakness. The minimum buyout price over on the cash side of the AH is $1.25. That means, on the low-end, every single item over there is the equivalent of at least 403,225g. I can assure you that the vast, vast majority of items over there are not worth 403,225g. Nor is the 300k-400k gold Blizzard transaction fee.
I almost wonder if opening up gold purchases will (ironically) kill the cash part of the RMAH.