Post image for Diablo 3 Real Money Auction House RMAH – How you can make real money?

Diablo 3 Real Money Auction House RMAH – How you can make real money?

by Jeremy Schoemaker on June 11, 2012 · 18 comments

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.

When this puppy launches I predict the market will be flooded with gold and items people have been saving up until the real money auction house launches. They have pipe dreams of riches.

A.D.D. Moment – Damnit, why didn’t I have this idea?!?!? (Diablo3billionaire).

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.

Well you can’t compete with slave labor.

But just like the stock market you don’t have to own the company to buy and sell it!

GLHF!

full disclosure

About the author...

– who has written 2895 posts on ShoeMoney.com.

Jeremy "ShoeMoney" Schoemaker is the founder & CEO of the ShoeMoney Blog, Elite Retreat Internet Conference, & the PAR Program. In 2013 Jeremy released his #1 Amazon Best selling Autobiography titled "Nothing's Changed But My Change" - The ShoeMoney Story. Jeremy currently lives in Lincoln Nebraska with his wife and 2 daughters.


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{ 18 comments }

1 Frederik Trovatten

You really dared to buy it? I’m thinking about your MMORP-addiction post? I personally didn’t do it, even though it was tempting. But from what I’ve heard from friends, they say I havn’t missed much of D3..

2 Mike Chiasson

EA and Ultima Online started doing this years back where you can purchase numerous items from their website that have significantly high value in the game.

Its a slap in the face to the hardcore players but definitely makes sense for them to do it in Diablo!

3 Anonymous

I’m just kidding.

In all seriousness, i think that as the game progresses and obtain gold easier, the value of it will diminish greatly and so will the value of the items. A rare item that someone finds may become very common as the months go by.

4 faisal

I think more versions supportin more platforms is on the cards ;-)

5 Marc

There is no way in hell that gold or items become more valuable over time, in every mmo so far prices went down over time. It won’t be different with D3 I bet :)

And why should it become worth more? Once people play a lot, more and more gold will surface and more and more of the same items, so I would bet with you if you buy today, you will regret it in 4-5 months.

Shoemoney 6 Anonymous

I love the game, but right now the AH is pathetic how people find a good item and have it in there for like 50,000,000 just to rub it in everyones faces. Like anyone’s farming gold like that. Everyones buying gold weather they want to admit it or not if they are geared up. It’s f’ed up.

7 Beagle

Actually this is illegal according to the ToS. Buying low and selling high, flipping items, and anything where what you are doing can be termed an “investment vehicle” will get your account permanently banned.

Please review the RMAH ToS.

8 Jeremy Schoemaker

Right cause everyone has been abiding by the TOS for years…

Shoemoney 9 q

The RMAH for items can only go downhill. With the way the game is built items don’t get destroyed – obviously nice for the player, but for someone looking to invest time into the game to try and make a few bucks, not going to work. markets will be come saturated so its best to sell now and get out.

gold may be the only exception in the game that may end up having a somewhat stable value, its needed for repairs, and other materials such as potions that will eat a players gold away over time. However with the changes recently implemented its going to be less and less of a cost so this may fail to.

RMAH will end up being a failure.

In regards to the ToS, users can get around it easily for buying items low and selling higher (gold not so much) and blizzard even provides an example somewhere in their FAQ – Players are allowed to purchase items, use them, and resell them. pretty simple right? buy an item, use it for a run, decide you don’t want it, sell it.

10 annie

There are so many items and variations that it is almost impossible for a rare to be “very common”.

Shoemoney 11 Anonymous

Sooo things have been going up in price steadily, inflation for the win, and total fail of the soothsayers in here

Shoemoney 12 Anonymous

This ridiculous inflation is just temporary. The patches change the game so much and the RMAC is still so new that there is no stability. You may notice a set item for a very high price like $250 and then if you search more carefully, you will see similar items for $5 or so. Things will stabilize and prices will decrease overall. No way to compete with bots and hackers, which are hardly getting banned at this point.

13 luker

the auctionshouse is pretty awesome, i been making pretty good money selling item for cash especially gold. they buy quick. I follow the guide in diablo3auctionshouse.com and i actually make some profit, just be careful of getting banned if u use the bot that suggested their

14 diablo 3 gold,wow gold

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Shoemoney 17 Anonymous

casual playing?…I would say your idea of casual and other vary a GREAT deal my friend A GREAT deal!

18 Carole

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