Gold market slowly dying?

[Soullinker]

Well gold price on the RMAH(EU) just went down 10 cents in 1 day, after staying around 1,41-1,45 for a week or so. The average sell price per day shown by the RMAH has also began to decrees. I have around 10mil gold not selling(posted on 1,41 a price that i used to sell gold almost instantly 2 days ago)
What do you guys expect will it continue to go down or raise again to the price of the previous week?
Kind of worried that gold will drop so low that it take so much time to pay for the Acc that you will get banned before you made any gold to make a some kind of profit.

[Marc_NL]

Give it some time, it might go up again at the end of the week when more people will play... If it doesn't, then it'll probably go down a bit more, maybe because people stop playing again after having tried 1.04.

[markn12]

Ya EU sucks It still sells at 1.92 in US in within seconds.

[arielmz]

Ya EU sucks It still sells at 1.92 in US in within seconds.

Us last trades at 1.7... although I sold some on weekend for 2... Well people quitting when reach in act 3 now instead of act1... so let's wait for an 1.0.5 to heat the market again

Hope it gets back to 1.9+

[Soullinker]

Now its 1,29....
3-4 hours 5-6 cents down...

[mephuser1000]

Now its 1,29....
3-4 hours 5-6 cents down...

US is $1.68
Down by $0.20

[Galthran]

i think it will do gown to round about 80 cent in EU ... MOP coming and so on ... but when the pvp patch comes live it will go up again to around 1,5 ... mark my words

[abuser]

i think it will do gown to round about 80 cent in EU ... MOP coming and so on ... but when the pvp patch comes live it will go up again to around 1,5 ... mark my words

yeah but when its gone happen :P come on :P in next year ?:P

[Galthran]

hope this year ^^
well maybe blizz adds a new dungeon with 100 levels or something like this ... as stupid as the paragon level but people like it and will pay for GOLD

but lets say the gold price drops to around 41 cent (would be ~30 cent after commisions) its still profitable
lets say 10M a day ---> 3 Euro/day
bots coasts ~40 Euro ---> 14 days till break even
lets say the normal bot survives 1 month on average ... so its ok

but i do not think the price will drop below 70 cent in the AH ... even before the patch it was still ~70 cent in the AH

[fr3357]

supply and demand... more people are dumping gold than buying it... If you all stop posting it, will become scarce again and go back up...