For those who don’t play online games… Diablo is one of the best selling games of all time. So far, there has been the original Diablo, Diablo 2, and last May, Diablo 3 was released.
The game is like a mini MMORPG (Massive Multi Online Role Playing Game). I say “mini” because you don’t have to spend your life playing. I bought the game when it came out and within 6 days of casual playing I was able to get the highest level (60).
Diablo has always had this demonic theme to it… battling Diablo and the evil forces.. blah blah.
With all MMORPG games if you don’t want to play 24/7, you can hit eBay or other marketplaces and buy stuff with real money.
Game makers have always attempted to combat this saying if you were caught, you would be banned… or whatever.
Back in the day, I used to sell items and characters and make decent money (for the time).
I remember Forbes or someone came out with a report one time that said that if Norrath (everquest mmorpg game) was a real world it would be the 10th largest exporter of goods IN THE WORLD! How crazy is that?
Well Blizzard, the makers of the new Diablo 3, are pioneering something new. They are going to let you buy real items in game for money, like in app purchases. Why the hell didn’t someone do this before?
So today, June 6th, 2012, the real money auction house is supposed to debut in the game.
Right now… and I mean right now being its 12 hours until the RMAH opens for biz I am wondering if there is a large arbitrage opportunity.
Ok, back on topic.
I think it will be a good investment to purchase items with real money when it launches and the prices dive….. then put them back on the market in 4-5 months and make 10x your money. That is what I am thinking anyway.
Right now 100,000 (one hundred thousand) Diablo 3 gold is selling for $2. I know a *cough* friend who has been buying a bit.
If I HAD to guess, I would say that the market on Diablo 3 Gold vs the Dollar is about to hit the bottom.
I think you will be able to buy Diablo 3 gold for 10 cents per 100,000 for the next couple weeks…. Again, all of these people have been waiting forever to sell and they are going to FLOOD the market.
There could be another opportunity to buy when it comes out at a very undervalued price… hold it a bit… and sell for 10-25x.
How interesting is it to be doing FOREX with virtual currency ?
People have tried to make a huge deal about the Chinese using prisoners to play video games and how you can’t compete.
But just like the stock market you don’t have to own the company to buy and sell it!