Diablo 3 GAH and RMAH messed up real good, economy has been destroyed!.
Massive gold dupe bug found on RMAH. Put up a sale, take it down, get double money.
Trillions and Trillions of Gold were made in a few hours, the GAH was cleared of all the best items, gems, and crafting mats, relisted at extrodinary prices (100s of millions for some gems.) As the ultra wealthy ramped up prices, and bought anything that could be sold. Trillions of Gold exchanged hands over several hours, through the use of the AH. Exploiters saturated the markets dumping ill gotten gold throughout the US server, as prices rose, people followed suit, legit players matching the current rates saw hundreds of millions poured back to them for their efforts.
There has been no released information on the amount of Gold created, or how saturated the Gold is now in the market. But one thing is for sure, the little bug has caused the value of gold to drop hundreds of times over, 40B today is akin to 40M yesterday. The damage has been done, and serves as quite the **** nose for Blizzards D3 on the eve of the 1 year anniversary.
(I personally made well over 200Billion yesterday selling Gems, at one point they were selling for 200 million a pop.)
The AH has since been offlined (both GAH and RMAH) Blizzard has announced people that can be seen duping will be banned, there will be no roll back. So people like me who didn't cheat, but took advantage of the overly saturated market make out like bandits, and likely thousands of others are in the same boat.
The winner here...Blizzard, it is ok to have 400Trillion Gold...as long as you buy it for 25 cents/million from the RMAH.
(if you want to read more )
Edited, May 9th 2013 11:49am by rdmcandie
Edited, May 9th 2013 12:13pm by rdmcandie