28 replies to this topic

[Sans]

The price gap between potent blood and powerful blood is large enough to be profitable.

Had some leftover dust and philosopher stones and decided to buy potent blood and throw it into the mystic forge.

Made 3g in about the 6 minutes it took to buy potent blood, toss into mystic forge, and sell off the powerful blood.

50 potent blood
1 powerful blood
5 crystalline dust
5 philosopher stones (From Miyani, next to the Mystic forge)

Toss that into the mystic forge, if you get 5+, that's profit.

Do it quick before the price of Powerful blood drops.

(and before people say I bought a ton of potent blood, and I am just trying to get the price to spike, no... There's so much god damn potent blood on the TP for this to work.)

[Gogits]

i personally made great profits of this back when powerful blood was close to 10s.
by farming potent blood at good rates this was further amplified and it even got profitable enough at just bying some 250's of potent and just selling em as powerful without even using buy orders.
powerful blood rocketed a bit yesterday to about 7,9s but i dont really think its as profitable atm as it was a week ago or two, even with potent relative price drops...

still, good investment!!

[Eon Lilu]

After TP taxes and costs plus luck this doesn't really make you any profit. Plus someone is driving down the price of powerfull blood making it even less profitable.

Edited by Eon Lilu, 17 October 2012 - 09:16 AM.

[ArcViper]

I generally assume that once stuff like this is posted on the internet that it's not going to be profitable anyways.

Plus I just have terrible luck with mystic forge conversion rates. xD

[turbo234]

Yeah seriously, if anyone expects things like these to stay profitable, stop posting them online where thousands of people will look at it.

[Sans]

Yes, I know this would drop the prices, thus the (Temporary Quick Money) in the title.

[Dzaruk]

Maybe a silly question, but does this recipe also work to make fine transmution stones?

For example :
x1 fine transmution stone
x?basic transmution stones
x? crystalline dust
x? philosopher's stone

[Essence Snow]

Dzaruk, on 17 October 2012 - 11:49 AM, said:

Maybe a silly question, but does this recipe also work to make fine transmution stones?

For example :
x1 fine transmution stone
x?basic transmution stones
x? crystalline dust
x? philosopher's stone

No..transmutation stone cannot be place into the forge unfortunately

[Tyrant Crimson]

It wouldn't be temporary if you kept it to yourself. >_>

[Lastchime]

It'll roll around in waves like all of these forge upgrading recepies will.

[RabidusIncendia]

Sans, on 17 October 2012 - 10:16 AM, said:

Yes, I know this would drop the prices, thus the (Temporary Quick Money) in the title.

>.> if you make a post on guru involving transmutation, temporary goes from "would've lasted days: to "whoa It's gone by the time i saw the thread"

[scattaman]

That is why I'm holding on to mine ! I just started flipping last night and I was very excited seeing the returns coming in..

I'm going to give a pro tip* (which means, not so pro):

Flipping items that sell for double digits have a lot more risk than flipping items that sell for single digits (e.g, flipping an item that sells for 50c vs flipping an item that sells for 6)

Also, I noticed that while I did manage to make about 1 gold in the 1 and a half hours that i was flipping my single digit item, I can really see the potential once I'm up to 50 gold, and I'm dumping all off that on flipping.

Yes, I know none of this is new to all the pros here but it was just amazing how I was just making money from buying low and selling high..

UPDATE: came home today and saw that I now had 6 gold (started with 2 gold last night) from all my flipping! I was at work making real money while TP was making me in game money! This is the most money I've had since I started playing!

[Requiem For Dawn]

RabidusIncendia, on 17 October 2012 - 06:47 PM, said:

>.> if you make a post on guru involving transmutation, temporary goes from "would've lasted days: to "whoa It's gone by the time i saw the thread"

or,
OP buys loads of X -> posts that X is profitable -> X value peaks -> OP sells at peak price and makes a "Temporary Quick Money"

[Requiem For Dawn]

RabidusIncendia, on 17 October 2012 - 06:47 PM, said:

>.> if you make a post on guru involving transmutation, temporary goes from "would've lasted days: to "whoa It's gone by the time i saw the thread"

or,
OP buys loads of X -> posts that X is profitable -> X value peaks -> OP sells at peak price and makes a "Temporary Quick Money"

[Simeon]

this is like the 5th time the OP  has stated... WAY TO MAKE MONEY on a certain item.. its a wonder most people havn't learned to filter out this poster yet...

[Pysgasm]

oh sans... at it again /backpat

Looking forward to your next major get rich quick post...

Edited by Pysgasm, 18 October 2012 - 01:42 PM.

[Pysgasm]

How to get rich quick

It's a relatively simple method. Check

• Guild Wars 2 Guru
  
  
• → Athenaeum Chamber - Detailed Discussion
  
  
• → Traders' Outpost

About 10 times a day and look for posts made by this user.



Proceed to ignore them as they generally only benefit his/her/it's wallet. Rather take the money you save by ignoring these posts and invest elswhere. Profit.

Edited by Pysgasm, 18 October 2012 - 03:45 PM.

[Edge]

No it is not.

This was good when powerful blood was selling for 20s, 15s was barely cutting it.

[elleinat]

Its profitable again, made 40p/skill point. Also working with  totems and venom sacs

[Shana]

break even if you get 6 back. Make profit if you get more. Can be risky right now.

[Krill]

If you make enough of them

Shana, on 17 December 2012 - 12:54 AM, said:

break even if you get 6 back. Make profit if you get more. Can be risky right now.

Assuming you start with a single t6 mat, then feed the new ones in, you can generally count on about 30 t6 mats for every 250 t6's. The trick is do enough quantity so that it's no longer gambling, it will average out to the same refinement give or take a few. Buying up crystalline dust ahead of time at a decent price will also help your bottom line.

I made quite a bit with this strategy, but it is risky listing too many t6 mats at the same time...prices have been fluctuating a lot, and an additional 5 percent listing fee really hurts the profit margin if you're caught on a bubble.

Edited by Krill, 17 December 2012 - 09:22 AM.

[elleinat]

Totems are less used and they are harder to sell but gives more profit. I just wasted my last sp,made over 20g profit trading totems o.o
TY sans

[Playboy]

Thanks for posting the totems. Within 5 minutes, totems dropped an entire silver in price.

[GrandmaFunk]

this kind of 'upforging' mats for the sake of a meager TP profit margin seems like a poor use of skillpoints

[whodini]

I agree with Grandma funk. It's like playing the stock market. Even by the time you forge this stuff. The price may have changed. Yes you can make profit. But in my eyes and only mine. There's better things to do than just wasting time on TP. If you're 1 who likes to play the stock market. Then I guess it up your alley. To each their own.

[Prezz]

Made a nice 15g on this last night in as many minutes. Shame these things don't last forever...

[Coldman]

I made 30g by doing this (and other t6 mats), used about 50 skillpoints, but now I have run out
Even when I got only 5 vials I still got 10s profit, and I usually got around 7-10. Of course prices changes all the time, so I'm not sure what it's like now.

I remember buying off all the vials of potent blood, driving the price up by 20c each, pretty epic.But made it less profitable for myself. So vials of powerful blood wasn't the only ones I did.

p.s. Vials of Powerful isn't the most profitable at the moment I did it (2 days ago)

Krill, on 17 December 2012 - 09:18 AM, said:

I made quite a bit with this strategy, but it is risky listing too many t6 mats at the same time...prices have been fluctuating a lot, and an additional 5 percent listing fee really hurts the profit margin if you're caught on a bubble.

True, I got undercut a lot. I got to the point where I was just selling it to the highest bidder and still made a huge profit.

Reading your posts though it sounds like it's hard to make a profit now. Guess that's what happens when you post it on public forums.

Edited by Coldman, 19 December 2012 - 03:42 PM.

[Humungous]

There are still many ways to make this kind of $$ without using skill points, just FYI. I've personally found half a dozen methods, and I'm not as into this TP stuff as I come off

Edited by Humungous, 20 December 2012 - 07:30 PM.

[Left]

It's currently also profitable to transmute Tiny Scales -> Small Scales. Though, like most market imbalances I'm sure it will not be the case for long.