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Inscription pre-CataFollow
I didn't see it posted anywhere, so I thought I'd let the other scribes know that the ink trader in Dalaran is no longer taking Ink of the Sea and now wants Blackfallow ink.
Luckily I followed the profession forums for a while and got the inside scoop early from someone on the PTR this was probably going through. Made like 1500 ink of the sea the night before, traded down about half of them to various inks, got a few extra stacks of the 'outland' ink cant remember name since its a popular one.
Glyph prices immediately shot up, I moved from threshold from 21g -> 130g. Didnt sell one last night and most of my glyphs didnt get posted. But I think people will sell out soon. Worst case even if I dont sell one, I have about a weeks worth of ink stockpiled from herbs I paid 30g max/stack for. And I have 2 of every glyph created cheaper then that. It will be quite a while before Cata herb stacks drop below 30g so I'm safe even if my plan falls apart.
What I'm hoping happens, people sell out fast (all the undercutters, and the ones still selling off glyphs for 15g) then I start selling more and more glyphs at steeper prices. For a while I can even recraft ones I sell out on. 1500 ink is 500 glyphs.
For the scribes who got burnt on this - I feel for you. Think of it as a lesson for the future though, I've seen enough patch days that I missed out of just simply not reading about them. Then I'd read about all the smart ones who stockpiled and made ludicrous amounts of gold around the rush.
I KNEW this Cata leveling rush would be huge. In fact I'm betting right now, theres all kinds of fresh alts who'll be needing glyphs soon. I rolled one myself last night, a new hunter just to check out all the new quests and I must say the game is AMAZING again. The supply of alts will be insane. First the alts now till Cata. Next the worgens/goblins in Cata, the immediate crowd who level them before their mains. Finally the "take my main to 85 then make my goblin" crowd. I'm aiming to supply all 3 markets off my current stockpile assuming I dont sell out first.
And yes I'll drop prices a bit soon. I'm just seeing what people will pay, some of the auctions are nuts like I'd blindly undercut at 400g fully knowing theres a 99.9999% chance nobody will pay 400g for a glyph. But.. you never know ;)
Edited, Nov 25th 2010 9:57pm by mikelolol
Glyph prices immediately shot up, I moved from threshold from 21g -> 130g. Didnt sell one last night and most of my glyphs didnt get posted. But I think people will sell out soon. Worst case even if I dont sell one, I have about a weeks worth of ink stockpiled from herbs I paid 30g max/stack for. And I have 2 of every glyph created cheaper then that. It will be quite a while before Cata herb stacks drop below 30g so I'm safe even if my plan falls apart.
What I'm hoping happens, people sell out fast (all the undercutters, and the ones still selling off glyphs for 15g) then I start selling more and more glyphs at steeper prices. For a while I can even recraft ones I sell out on. 1500 ink is 500 glyphs.
For the scribes who got burnt on this - I feel for you. Think of it as a lesson for the future though, I've seen enough patch days that I missed out of just simply not reading about them. Then I'd read about all the smart ones who stockpiled and made ludicrous amounts of gold around the rush.
I KNEW this Cata leveling rush would be huge. In fact I'm betting right now, theres all kinds of fresh alts who'll be needing glyphs soon. I rolled one myself last night, a new hunter just to check out all the new quests and I must say the game is AMAZING again. The supply of alts will be insane. First the alts now till Cata. Next the worgens/goblins in Cata, the immediate crowd who level them before their mains. Finally the "take my main to 85 then make my goblin" crowd. I'm aiming to supply all 3 markets off my current stockpile assuming I dont sell out first.
And yes I'll drop prices a bit soon. I'm just seeing what people will pay, some of the auctions are nuts like I'd blindly undercut at 400g fully knowing theres a 99.9999% chance nobody will pay 400g for a glyph. But.. you never know ;)
Edited, Nov 25th 2010 9:57pm by mikelolol
It's not like people totally missed out. There's still all the lower level herbs to be milled, you just have to buy 17 different weeds instead of whatever Northrend herb is cheap today. With the ink trader only being in Dalaran, I'd be doing this anyway once Cata hits.
1500 ink? thats not going to last you very long.
montaghar wrote:
1500 ink? thats not going to last you very long.
Yeah I'm running low, it wasnt enough, I wish I stockpiled like 5000-10,000 but it is what it is.
I found hundreds of stacks of Northrend herbs the other day at 9-14g/stack so I dropped like 5k on them, at least I'm stocked on ink of the sea for a while (once I process them). Can't downtrade but 30g is about my limit per stack so I'm slowly buying outland herbs and other low level ones to manually make inks. I ran out of ethereal fast even though I bought more of it then the others.
I'm sitting on lots of gold now inscription is nuts. It was a very good investment for me to buy all those inks at a rough cost of 14g per glyph, I'm selling them 45-115g like hotcakes. One day I pulled 8k in sales and I'm not even camping the AH very much at all.
My new price range which is working incredibly well is Threshold - 49.30g with max price 115g80s. Sure I might get a few sales at higher prices but I dont bother, I'd rather sell many glyphs fast then hold out for a few large sales. I started by pricing too high and the market was having none of it. At this rate I can sell 50-100 a day.
Edited, Dec 5th 2010 2:23pm by mikelolol
I don't have a whole lot of capital, but I spent about 3k tonight buying out cheap herbs and inking them. Took about 3 hours
Goddamn if macros barely ease the pain of milling all of these stacks
The average price of the herbs I bought out in the highest 4 levels was 1g/ea. I never bought out a single stack over 30g. I'm hoping that inscription pays off like it has in the past--hopefully the trade goods market blows up like it has during the last two expansions
I ended up with:
575 Ink of the Sea
75 Snowfall
190 Ethereal
50 Darkflame
130 Shimmering
30 Ink of the Sky
180 Celestial
30 Fiery
Goddamn if macros barely ease the pain of milling all of these stacks
The average price of the herbs I bought out in the highest 4 levels was 1g/ea. I never bought out a single stack over 30g. I'm hoping that inscription pays off like it has in the past--hopefully the trade goods market blows up like it has during the last two expansions
I ended up with:
575 Ink of the Sea
75 Snowfall
190 Ethereal
50 Darkflame
130 Shimmering
30 Ink of the Sky
180 Celestial
30 Fiery
okspeck wrote:
I don't have a whole lot of capital, but I spent about 3k tonight buying out cheap herbs and inking them. Took about 3 hours
Goddamn if macros barely ease the pain of milling all of these stacks
The average price of the herbs I bought out in the highest 4 levels was 1g/ea. I never bought out a single stack over 30g. I'm hoping that inscription pays off like it has in the past--hopefully the trade goods market blows up like it has during the last two expansions
I ended up with:
575 Ink of the Sea
75 Snowfall
190 Ethereal
50 Darkflame
130 Shimmering
30 Ink of the Sky
180 Celestial
30 Fiery
Goddamn if macros barely ease the pain of milling all of these stacks
The average price of the herbs I bought out in the highest 4 levels was 1g/ea. I never bought out a single stack over 30g. I'm hoping that inscription pays off like it has in the past--hopefully the trade goods market blows up like it has during the last two expansions
I ended up with:
575 Ink of the Sea
75 Snowfall
190 Ethereal
50 Darkflame
130 Shimmering
30 Ink of the Sky
180 Celestial
30 Fiery
Looks good, do you know most of the glyphs yet? If you haven't created them all yet, I'd use KTQ/Gnomeworks/Altoholic to craft them. And then AuctionProfitMaster or ZeroAuctions to post them, Postal to collect mail. Banker toon with 4x 32 slot inscription bags and 7x 32 slotters in bank.
The command with ktq for example might be /ktq queue 2 Glyphs this will queue up 2 of every glyph to be crafted. KTQ relies on Gnomeworks/Altoholic and I believe still requires LilSparkysWorkshop too. If you have any other questions I might be able to help. If you setup APM or ZA to post at decent prices (say 30-50g minimum) I bet you get alot of sales just depends on your servers competition.
I've not been very good about keeping up my inscription research and so there are quite a few glyphs that I don't know and I'm missing out on. I tried to set up the combination of addons that you suggested but it just wasn't working for me. I did adopt Postal, which I can't believe I wasn't using before (thanks). I've always used Auctionator as my AH mod and I love it. I also found an addon called Expeller which makes milling easier by a grip.
My main question for you is why would you want to use a macro that makes 2 of every glyph? Am I missing something here, like maybe this takes into account the current listing price for each one, but it seems like you'd be wasting a ton of resources making duplicates of glyphs that simply aren't very valuable.
I've been using Auctionator to make Shopping Lists of all herbs for each ink type as well as the currently most valuable glyphs on the market, then producing those. I've set a threshhold for each herb level and buying out everything that gets listed below that price (e.g. 2g for all Midnight, Lion's, and Jadefire ink ingredients, 1.5g for Celestial, 1.25g for all Outland herbs, etc.) I know this is more time-consuming, but also allows me to get all pricing information quickly and respond to market changes.
I'm just curious as to why you picks that particular addon set. Thanks for the advice, I do appreciate it...
My main question for you is why would you want to use a macro that makes 2 of every glyph? Am I missing something here, like maybe this takes into account the current listing price for each one, but it seems like you'd be wasting a ton of resources making duplicates of glyphs that simply aren't very valuable.
I've been using Auctionator to make Shopping Lists of all herbs for each ink type as well as the currently most valuable glyphs on the market, then producing those. I've set a threshhold for each herb level and buying out everything that gets listed below that price (e.g. 2g for all Midnight, Lion's, and Jadefire ink ingredients, 1.5g for Celestial, 1.25g for all Outland herbs, etc.) I know this is more time-consuming, but also allows me to get all pricing information quickly and respond to market changes.
I'm just curious as to why you picks that particular addon set. Thanks for the advice, I do appreciate it...
Right now I have at least 2 of every glyph. Many of the big time scribes carry 20 of every glyph. The reasoning is they all sell eventually (hopefully) and it just makes inventory management that much simpler. Using a mod like APM/ZA (or old style QA3 which doesnt work anymore) you create groups. I have a 'glyph' group which I add all my glyphs to. Then I set auction posting parameters, for example right now I might set my minimum price to say 50g and max to 125g. Then when I go to the AH window with bags full of glyphs I hit 'post' it will scan every glyph and only post those in my price range. Usually works out to me posting about half my bags worth of glyphs. And on good days I might sell 50-100 glyphs.
The main reason to have 2 of every glyph is I post 2 at a time like most scribes. And when you are selling many glyphs every day its easy to keep up with KTQ. Lets say you sell 75 glyphs on your bank alt, you just hop back over to your main scribe, craft some inks, then hit /ktq queue 2 glyphs again and it will recraft everything you just sold. To me and most scribes its acceptable to sit on a few slow sellers, you craft them once, if they never sell, they never sell, you just never bother recrafting them.
At this point in the game though, every glyph will sell eventually, if only to the collector types who want to learn every glyph their class can learn. Some are consistently below my pricing margin so they probably never get posted but its OK.
When you are starting building capital though its smart to only craft glyphs that sell, but once you are up to a few k gold and have lots of ink you might as well build them all imo.
Try downloading AuctionProfitMaster. Make an item group called 'Glyphs'. With all your glyphs in your bag, go to the 'add items' tab of the group. Type in 'Glyph of' and hit enter to add all the glyphs in your bag to the group. As you learn new glyphs keep adding them to the group this way. Mine has every current glyph. Then set minimum prices. If it costs you 15g to make your most expensive glyphs you can set the threshold to say 19g if you wish but honestly I roll at like 47g80s.
Then under the post auctions tab, you can hit the 'post' button now and automate posting/cancelling auctions.
If you want you could break the group down into multiple groups, say ink of the sea glyphs, ethereal ink glyphs, etc but personally I dont bother.
Edited, Dec 7th 2010 9:43am by mikelolol
The main reason to have 2 of every glyph is I post 2 at a time like most scribes. And when you are selling many glyphs every day its easy to keep up with KTQ. Lets say you sell 75 glyphs on your bank alt, you just hop back over to your main scribe, craft some inks, then hit /ktq queue 2 glyphs again and it will recraft everything you just sold. To me and most scribes its acceptable to sit on a few slow sellers, you craft them once, if they never sell, they never sell, you just never bother recrafting them.
At this point in the game though, every glyph will sell eventually, if only to the collector types who want to learn every glyph their class can learn. Some are consistently below my pricing margin so they probably never get posted but its OK.
When you are starting building capital though its smart to only craft glyphs that sell, but once you are up to a few k gold and have lots of ink you might as well build them all imo.
Try downloading AuctionProfitMaster. Make an item group called 'Glyphs'. With all your glyphs in your bag, go to the 'add items' tab of the group. Type in 'Glyph of' and hit enter to add all the glyphs in your bag to the group. As you learn new glyphs keep adding them to the group this way. Mine has every current glyph. Then set minimum prices. If it costs you 15g to make your most expensive glyphs you can set the threshold to say 19g if you wish but honestly I roll at like 47g80s.
Then under the post auctions tab, you can hit the 'post' button now and automate posting/cancelling auctions.
If you want you could break the group down into multiple groups, say ink of the sea glyphs, ethereal ink glyphs, etc but personally I dont bother.
Edited, Dec 7th 2010 9:43am by mikelolol
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