These prices are crazy.
Markco’s insights: http://justmytwocopper.blogspot.com/2010/05/time-to-farm-bots-dying.html
Bigjim’s insights: http://phase3profit.net/2010/06/commodity-prices-on-the-rise/
These prices are crazy.
Markco’s insights: http://justmytwocopper.blogspot.com/2010/05/time-to-farm-bots-dying.html
Bigjim’s insights: http://phase3profit.net/2010/06/commodity-prices-on-the-rise/
I love the glyph market.
This is my setup:
Mill thousands of herbs while watching movies, tv, or podcasts.
Turn into Ink of the Sea while I’m AFK (can take 40mins at a time)
Send all Snowfall Ink to main banker to sell and cover costs of herbs
Keep 15 of each glyph in stock
Send glyphs to three glyph bankers (each banker has a few classes)
Post 2 of each glyph (48hrs, 3g min + 28g fallback using QA3)
Never cancel glyphs
Log onto three glyph bankers a few times per day to repost undercut or sold glyphs
Don’t worry about what other people are doing, if you know every glyph you will still make gold
If you don’t have much time, increase your min to 4 – 5g
???
Profit
For this business to work, you need to know every glyph. This will take a few months to establish.
You also need lots of free time. I have dual monitors, so milling while watching something else is easy.
You may have seen from my other post that I’m stocking up on Ink of the Sea. The main reason for this is I didn’t want to have to mill herbs when Cata comes out. The second reason is the supply of Northrend herbs will decrease with less people herbing in the area, driving up the price of herbs.
I think it’s safe to guess the new herbs from Cata will produce a new normal and rare ink. The rare ink will be used to create new cards and epics.
While collecting the proceeds of my Snowfall Ink sales I had a thought.
What’s going to happen to the price of Snowfall Ink once Cata comes out?
Right now the sale of Snowfall covers all the cost of buying the herbs. Will the price of Snowfall drop if people no longer want the lower level greatness cards and offhands?
The good thing about buying, milling and creating a stockpile of Ink of the Sea now is I am able to sell all my Snowfall for a reasonable profit. The only risk would be an opportunity cost if the price of Snowfall went up for some reason.
What do you think? My plan is to have 10,000 – 20,000 Ink of the Sea in the bank.
I hope everyone is taking advantage of the new patch. Don’t be afraid to price the new glyphs high, I’ve sold a few at 150g so far.
Anyone had any luck selling the new bag?