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WoW Token Price Reaches 1 Million Gold in Taiwan

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The WoW Token reached a new milestone today. It's worth 1 million gold in Taiwan!

The image says "unable to obtain WoW Token" because Blizzard probably never expected it to reach such a high price. As a result, players are unable to purchase WoW Tokens in the region.

Wow token price reached 1mil in Taiwan Server
by u/cowfillet in wow

Here's a screenshot taken from wowtoken.app of the WoW Token exceeding 1 million gold in the TW region.

wow-token.jpg

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This token thing is weird to me. Where is the supply and demand? In a traditional supply and demand there's a supply of a thing and demand for the same thing which typically translates into setting the real world price (in a vacuum). This token situation isn't a thing and it's real world value. It's a thing, it's real world value, and it's in game value.

I'm not sure how blizz is calculating this but it doesn't seem like a vanilla supply and demand problem.

Edited by Prophet001

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56 minutes ago, Prophet001 said:

I'm not sure how blizz is calculating this but it doesn't seem like a vanilla supply and demand problem.

Well when you make money on selling a thing you can make ad infinitum by a click of a button they can charge what ever they want.

I`m not saying they are doing this but looking at what Blizzard has become do you really think they are not willing or capable to influence the market ?

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Quote

This token thing is weird to me. Where is the supply and demand? In a traditional supply and demand there's a supply of a thing and demand for the same thing which typically translates into setting the real world price (in a vacuum). This token situation isn't a thing and it's real world value. It's a thing, it's real world value, and it's in game value.

I'm not sure how blizz is calculating this but it doesn't seem like a vanilla supply and demand problem.

The price in-game is driven by in-game demand. In other words, people using gold to buy tokens to, most likely, pay for subs instead of real money. I did that for a long time and it's nice to have the option but as more people do it, the price goes up.

I don't know how many realms Taiwan has, but token prices do depend heavily on server population so, it is likely their realms are almost always full.

Edited by TheRagingwolf

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2 hours ago, Calysia said:

I gave up buying tokens with gold once the went over 100K...one million is ridiculous!

I feel like is part of the self-correction of any commodity or economy. At some point, people just say "enough!" and refuse to pay until the price is more reasonable. That refusal causes a back-up and prices will fall. I wonder at what point people on these Taiwanese servers decide it is "enough!"

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