Posted by Member sabin on 11/21/12 08:51 AM
#1
Posts: 338
After this post on the offical forums, it looks like people are starting to buy up lots of brimstones. I can't log in to the game now, but according to the price tracker on here they're up to 80k gold.
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Brimstone prices skyrocketing
Posted by Member Stukthrtl on 11/21/12 09:36 AM
#2
Posts: 282
I'd ping @Anuiran and see to make sure it's not a *cough* typo
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Posted by Member sabin on 11/21/12 09:58 AM
#3
Posts: 338
It's not, lots of people on the official and other forums have confirmed this in game. The only question is how high will it go..
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Posted by Member phamalot on 11/21/12 09:58 AM
#4
Posts: 105
time to buy?
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Posted by Member Stukthrtl on 11/21/12 10:23 AM
#5
Posts: 282
Ahh, might have to sell the stack i bought a while back lol
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Posted by Member Khan on 11/21/12 10:54 AM
#6
Posts: 1195
Looks like prices are stabilizing at around 60k and RMAH is still at $0.26.
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Posted by Member Stukthrtl on 11/21/12 12:54 PM
#7
Posts: 282
just made 3m selling the 75 i bought a while back for 800k :-D
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Posted by Member Khan on 11/21/12 12:58 PM
#8
Posts: 1195
Nice return! |
Posted by Member Argento on 11/21/12 01:09 PM
#9
Posts: 33
I wonder if the prices of brimstone quality legendarilys are hiking up as well. Knowing my luck they will all be sold out by the time I get home to check.
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Posted by Admin DHAdmin on 11/21/12 01:32 PM
#10
Posts: 938
I had about 500 left over from when I made this video. Sold them all at around 80,000 each last night.
For now things will stabilize but it's almost guaranteed to go back up once we get more details about Blizzards plans. Which means I will buying a ton of brimstone once the price goes down again. |
Posted by Member douvinsky on 11/21/12 06:56 PM
#11
Posts: 1445
I managed to sell some from salvaging at 55-65k. Sold them for more than 1.5m in total.
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Posted by Member douvinsky on 11/21/12 06:58 PM
#12
Posts: 1445
Yes they are hiking up. I was still lucky to buy out a 1D12 hour set Daibo for 33k and salvage it. |
Posted by Member ninjax on 11/28/12 06:41 AM
#13
Posts: 600
I'm really poor and have rather useless luck so haven't managed to find anything decent to sell.
So I'm looking at ways to make some gold even if it takes me some effort that's OK. So I have started bidding really low priced legendary items that have much lower than brimstone sell price. Got a bunch today for 2-5K each. Hopefully it works out :) |
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Posted by Member douvinsky on 11/28/12 08:29 PM
#14
Posts: 1445
@ninjax
Only certain legendaries (59 and up? Not sure) will salvage into brimstones. 2-5k seems ok good to be true. |
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Posted by Member eastdragon42 on 11/29/12 12:15 AM
#15
Posts: 413
Level 60 legendary items are the only ones with a guaranteed brimstone; all the rest are a small % chance of obtaining one... (I did the buy-cheap-legendary-items-&-salvage-into-brimstone thing for awhile myself... then got really burned on it when the brimstone market plummeted from 80,000 gold to 10,000 gold. Still waiting for it to recover to its previous levels, if ever...) |
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Posted by Member ninjax on 11/29/12 01:38 AM
#16
Posts: 600
Yep thankfully these are level 60 though I didn't know that! they're bids that came in not buy-outs :)
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Posted by Member sabin on 11/29/12 02:03 AM
#17
Posts: 338
So it doesn't match the ilvl that gives inferno mats from rares? I believe that was 61+ for armor/weapons, and 59+ for jewelry, but I had no idea if legendaries followed the same logic. |
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Posted by Member eastdragon42 on 11/29/12 05:33 AM
#18
Posts: 413
Yea, with the exception of jewelry (amulets & rings) being 59+, the determining factor is the ilvl of the item must be 60+ in order to have a *chance* at returning a brimstone. So being a legendary but below lvl 60 shouldn't give you a brimstone at all, but being a blue magic item that is lvl 60+ should have a tiny percent chance of giving you one...
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Posted by Member shniggies on 11/29/12 01:32 PM
#19
Posts: 909
i've salvaged a TON of blues to sell the material back before the 105 patch and i've only gotten 1 brimestone... i probably salvaged close to 4k items
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Posted by Member luvtigbittys on 12/18/12 04:24 AM
#20
Posts: 13
With the use of brimstones supposedly going up does anyone think that buying 60 legendaries at 30k and under may be a good investment for the future
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Posted by Member ecocd on 12/18/12 04:57 AM
#21
Posts: 1059
@luvtigbittys It's a matter of opportunity cost. For that same 60 * 30k = 1.8 million Gold, you could be doing something else with it while waiting a long time for a spike in Brimstones. It doesn't take much more than that to start grinding Gem crafting. You can usually get around a 2-3% ROI from Star and Flawless Star Emerald crafting with selective mat shopping.
Even in the unlikely case that Brimstones jump to 40k, you're still selling them at 34k for a total of 2.04 million or a 13% ROI. It would only take 4-6 Gem grinding sessions for a similar return in a briefer amount of time. There are better things you can do with your Gold than have it sit in your stash for weeks/months/never. |
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Posted by Member Khan on 12/18/12 07:20 AM
#22
Posts: 1195
@luvtigbittys I would divide your "portfolio" into play money where you buy risky bets like the legendaries, brims, and even gold from the RMAH and have another set budget for crafting or flipping. Its always good to diversify for maximum risk spread if you're looking to make long term profit or keep your assets.
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Posted by Member RaRuMs on 12/18/12 09:49 AM
#23
Posts: 25
Nowadays having some gold invested on Brimstones is a must imo. It's very unlikely to lose money since with the PVP coming, it can do nothing but rise. It's way better to invest your gold on Brimstones than just stacking it since the price of gold is going down (0'25€/milion on EU).
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Posted by Member ecocd on 12/18/12 01:57 PM
#24
Posts: 1059
It's worth noting that it's been confirmed by Jay Wilson that PvP isn't coming this year and given that they haven't even started dev blogs on changes in Patch 1.07, it could easily be February or later before they get PvP running. There's plenty of time for Brimstones to come down even further than they are now.
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Posted by Member ninjax on 12/19/12 04:20 AM
#25
Posts: 600
You can't discount the fact that Blizzard will know that brimstones would skyrocket if they change legendary crafting and could do something like [Legacy] Brimstones which can't be used with new plans.
Goodbye profit! |