Guild Wars 2

Hi, I’ve just had my first worthwhile exotic drop – and it’s a bit more than I can handle :-)

Crying Thorn of Dreams dagger from TA Aetherpath. I’ve got no use for it, besides my heart skipped a beat when I saw how much sell orders go for on the TP. And that is the heart of the matter.

http://www.gw2spidy.com/item/48724

I’ve never sold anything so expensive on the TP before. Heck, the listing fee itself would be half of the most gold I ever had. So I just don’t know how to proceed, any tips please?

I would perhaps sell it for the highest buy offer but then again I’ve never had more than 40g so the difference 220 vs 350 is astronomical to me. The sell price has also dropped sharply from 400 to 350 just yesterday, does this mean anything significant when it has been at 400 for so long? Do people even buy this thing? Will it sell if I put it up for the lowest sell price when it’s now below the average trend?
I DO NOT KNOW

Nobody can tell you with 100% accuracy what will happen if you list it. The weapon itself drops from a dungeon path that not many people do anymore, so sources of the dagger itself are not incredibly high. Another thing to keep in mind is that it’s a slightly modified version of another skin, and the skin itself isn’t highly recognized, the price it’s at is simply a feature of the rarity of the weapon in the first place. With that in mind, personally, I would sell to the highest buy offer, because I personally don’t see how the velocity of this particular item could be very high. If it sold at all before someone listed another below you, it could take weeks or months. Obviously if you do list it for 350, 400g, you’ll get quite a larger payout should it sell, it’s just the difference between a guaranteed 220g now, or listing it for more, and potentially having to take it down and pay another 5% fee to list it again.

Sell it to the highest buyer. I dont really see any sense in the ridiculous pricing of these of Dreams weapons. The path can be farmed anytime.

bOgz.7263:

Sell it to the highest buyer. I dont really see any sense in the ridiculous pricing of these of Dreams weapons. The path can be farmed anytime.

Well, the pricing is because they’re essentially Precursor rarity weapons that only drop in a specific place. The only reason they aren’t (generally) as expensive as precursors is that they can’t be used for anything other than their own personal skins.

Da Sonic.6521:

bOgz.7263:

Sell it to the highest buyer. I dont really see any sense in the ridiculous pricing of these of Dreams weapons. The path can be farmed anytime.

Well, the pricing is because they’re essentially Precursor rarity weapons that only drop in a specific place. The only reason they aren’t (generally) as expensive as precursors is that they can’t be used for anything other than their own personal skins.

Interesting how the staff is 800+g listed with a 700g buy order, atm

Well I personally really want the dagger and the sword, I just won’t pay 400g each for ’em.

But don’t underestimate that dagger, it’s one of the best-looking in the game and for ex-WAR players, it’s the most Witch Elf like dagger there is.

It’s weird how the prices (and consequentially the amount of pieces offered) of the Dream stuff is all over the place… Staff comes out the best, but the rifle for example is 5% of the staff :-D

I guess I’ll wait if the prices move more. The drop from 400 to 350 is a bit scary but the highest buy order actually went up…

What I don’t get is
A ) Insanely low buy offer. Silver, really? But ok, I guess someone is hoping it will fall so low at some point, even though that would warrant a market apocalypse or something, and the minor listing fee is no bother.
B ) Sell order at 700g for the dagger? WUT O.o It never even sold for that price and listing it for that in the first place is surely no more than a gold loss? WHY on earth do people do that? I see no reason to think the price is going to go that high.

It’s not just about this dagger, most items I’ve looked at have these insane offers. Boggles my mind.

Btw. my personal opinion of these weps is they’re way not worth the price… same skin as Nightmare with a different (admittedly a lot better though) color. I’m sad I didn’t get the staff, 700g buy order woot ^-^ But it coulda been worse, too :-)

Come to think of it it’s weird how high the price is considering the dagger is in highest supply of the set.

Just a heads up on how the matter ended – I mistakenly listed it at 350g when I started this thread, then the buy offer started rising steadily from 220 to 275 – this was when I decided to cut my fee losses and sell. As soon as I did that, the second 350g offer vanished. So I totaled about 230g net profit. Coulda been 15 more if I hadn’t been dumb.

Just wondering though – as soon as I retracted my offer from the TP, the other 350g offer also vanished… matter of seconds. Bots? And with the steadily rising sell orders today, makes me wonder if someone wasn’t coercing me to sell it as to keep the sell offer price closer to 400 again. Wouldn’t they lose a lot on listing fees this way? I suppose I’m too paranoid :-)

Borghal.1635:

Just a heads up on how the matter ended – I mistakenly listed it at 350g when I started this thread, then the buy offer started rising steadily from 220 to 275 – this was when I decided to cut my fee losses and sell. As soon as I did that, the second 350g offer vanished. So I totaled about 230g net profit. Coulda been 15 more if I hadn’t been dumb.

Just wondering though – as soon as I retracted my offer from the TP, the other 350g offer also vanished… matter of seconds. Bots? And with the steadily rising sell orders today, makes me wonder if someone wasn’t coercing me to sell it as to keep the sell offer price closer to 400 again. Wouldn’t they lose a lot on listing fees this way? I suppose I’m too paranoid :-)

Trust me: you are not being overly paranoid, nobody knows what really happens in the markets, but there’s always someone smarter than you.

Borghal.1635:

Just a heads up on how the matter ended – I mistakenly listed it at 350g when I started this thread, then the buy offer started rising steadily from 220 to 275 – this was when I decided to cut my fee losses and sell. As soon as I did that, the second 350g offer vanished. So I totaled about 230g net profit. Coulda been 15 more if I hadn’t been dumb.

Just wondering though – as soon as I retracted my offer from the TP, the other 350g offer also vanished… matter of seconds. Bots? And with the steadily rising sell orders today, makes me wonder if someone wasn’t coercing me to sell it as to keep the sell offer price closer to 400 again. Wouldn’t they lose a lot on listing fees this way? I suppose I’m too paranoid :-)

Its not bots, its the velocity of the market, which you hugely underestimate. Even precursors are being sold at a rate of 1 per hour. The other person that listed it at 350g did so for a reason (because he thought it would sell faster than for 400g). If he thought that your listing of 350g was undervalued, he would have listed 1c under 400g in the first place. What happened was that someone bought the item for 350g, right after you took your listing off. The fact that the highest offer just rose to 275g should have told you that listings at 350g will sell faster than before.
If you would have left your listing at 350g, it would have sold by now and you would have had 70g more in your wallet (300g net profit), not the 15g that you claimed you lost.

It was about 12 hours between your first and last post in this topic, why didnt you wait a bit longer? Wait at least a week before considering to relist. Most items go through a weekly circle because supply and demand outweigh each other depending on the day of the week. Patience is mandatory, if you want to get good value for your loot. Whats the harm to wait a week before relisting? Did you absolutely need the 200-300g right now? I dont think so. But you were unwilling to take the risk, which is why others make more profit on the tp than you (cross-referencing to posts from you in another topic).
Maybe i just posted that buy offer at 275g and you sold your item to me. Then i relisted at 400g, which is the lowest listing and it sells within a week, 65g profit for me.

You should check price history on tp websites for the item. Look at sell prices and see what price sells quick enough for you.

A while back I sold the anomaly and looked online to find a price that always sold in 1-2 days. I posted, sat, and it sold the day after.

Just be patient and you should be fine.

Wanze.8410:

Borghal.1635:

Just a heads up on how the matter ended – I mistakenly listed it at 350g when I started this thread, then the buy offer started rising steadily from 220 to 275 – this was when I decided to cut my fee losses and sell. As soon as I did that, the second 350g offer vanished. So I totaled about 230g net profit. Coulda been 15 more if I hadn’t been dumb.

Just wondering though – as soon as I retracted my offer from the TP, the other 350g offer also vanished… matter of seconds. Bots? And with the steadily rising sell orders today, makes me wonder if someone wasn’t coercing me to sell it as to keep the sell offer price closer to 400 again. Wouldn’t they lose a lot on listing fees this way? I suppose I’m too paranoid :-)

Its not bots, its the velocity of the market, which you hugely underestimate. Even precursors are being sold at a rate of 1 per hour. The other person that listed it at 350g did so for a reason (because he thought it would sell faster than for 400g). If he thought that your listing of 350g was undervalued, he would have listed 1c under 400g in the first place. What happened was that someone bought the item for 350g, right after you took your listing off. The fact that the highest offer just rose to 275g should have told you that listings at 350g will sell faster than before.
If you would have left your listing at 350g, it would have sold by now and you would have had 70g more in your wallet (300g net profit), not the 15g that you claimed you lost.

It was about 12 hours between your first and last post in this topic, why didnt you wait a bit longer? Wait at least a week before considering to relist. Most items go through a weekly circle because supply and demand outweigh each other depending on the day of the week. Patience is mandatory, if you want to get good value for your loot. Whats the harm to wait a week before relisting? Did you absolutely need the 200-300g right now? I dont think so. But you were unwilling to take the risk, which is why others make more profit on the tp than you (cross-referencing to posts from you in another topic).
Maybe i just posted that buy offer at 275g and you sold your item to me. Then i relisted at 400g, which is the lowest listing and it sells within a week, 65g profit for me.

Thanks for the insight. Simply put, i chose the lesser risk, lesser payout chiefly for lack of other capital. I am inexperienced at this and a quick glance at gw2spidy told me (or so I thought) that this item doesn’t have the velocity – I saw the same price for over a month and no big variance in volume. Moreover, the price had peaked in February and has been slowly declining since. Since I had no money in the first place, I chose to get some rather than wait and hope for something more. I still gained 5x more than I ever had at one time, so I count it as a good start.

For you it was probably just another item to practice on/profit from. For me, it was a one-of-a-kind opportunity to gain a lot of money :-) I don’t plan to keep speculating much… I don’t find it fun enough unfortunately and consequently choose to spent my game time doing other things the game offers. :-/

Borghal.1635:

Wanze.8410:

Borghal.1635:

Just a heads up on how the matter ended – I mistakenly listed it at 350g when I started this thread, then the buy offer started rising steadily from 220 to 275 – this was when I decided to cut my fee losses and sell. As soon as I did that, the second 350g offer vanished. So I totaled about 230g net profit. Coulda been 15 more if I hadn’t been dumb.

Just wondering though – as soon as I retracted my offer from the TP, the other 350g offer also vanished… matter of seconds. Bots? And with the steadily rising sell orders today, makes me wonder if someone wasn’t coercing me to sell it as to keep the sell offer price closer to 400 again. Wouldn’t they lose a lot on listing fees this way? I suppose I’m too paranoid :-)

Its not bots, its the velocity of the market, which you hugely underestimate. Even precursors are being sold at a rate of 1 per hour. The other person that listed it at 350g did so for a reason (because he thought it would sell faster than for 400g). If he thought that your listing of 350g was undervalued, he would have listed 1c under 400g in the first place. What happened was that someone bought the item for 350g, right after you took your listing off. The fact that the highest offer just rose to 275g should have told you that listings at 350g will sell faster than before.
If you would have left your listing at 350g, it would have sold by now and you would have had 70g more in your wallet (300g net profit), not the 15g that you claimed you lost.

It was about 12 hours between your first and last post in this topic, why didnt you wait a bit longer? Wait at least a week before considering to relist. Most items go through a weekly circle because supply and demand outweigh each other depending on the day of the week. Patience is mandatory, if you want to get good value for your loot. Whats the harm to wait a week before relisting? Did you absolutely need the 200-300g right now? I dont think so. But you were unwilling to take the risk, which is why others make more profit on the tp than you (cross-referencing to posts from you in another topic).
Maybe i just posted that buy offer at 275g and you sold your item to me. Then i relisted at 400g, which is the lowest listing and it sells within a week, 65g profit for me.

Thanks for the insight. Simply put, i chose the lesser risk, lesser payout chiefly for lack of other capital. I am inexperienced at this and a quick glance at gw2spidy told me (or so I thought) that this item doesn’t have the velocity – I saw the same price for over a month and no big variance in volume. Moreover, the price had peaked in February and has been slowly declining since. Since I had no money in the first place, I chose to get some rather than wait and hope for something more. I still gained 5x more than I ever had at one time, so I count it as a good start.

For you it was probably just another item to practice on/profit from. For me, it was a one-of-a-kind opportunity to gain a lot of money :-) I don’t plan to keep speculating much… I don’t find it fun enough unfortunately and consequently choose to spent my game time doing other things the game offers. :-/

And i dont blame you for it. You should enjoy the parts of the game that you deem to be the most fun to you. But I expect the same respect for my favourite type of gameplay from you as well. I like playing the TP and economy in general because i think its highly competitive and takes alot of skill and knowledge of a wide variety of game mechanics to be successful. The gold I make i dont see as a reward but more as a measure of success. I might have 10,100, or 1000 times more gold than you but in the end that doesnt impact you in any way. There is no way I can manipulate markets because even if i had 10ok gold, its still miniscule to the overall wealth of the player base that makes up the economy. There is also no way that i can influence prices by overconsumption of certain goods because in general, i consume less than the average player. I dont need to look fancy, have ascended gear or legendaries to play the TP, my favourite gamemode. It basically doesnt matter, if i am there or not, prices for any item wont chance. I actually procide a good service to the economy because i basically store items that nobody wanted when i bought them. I propably have items stored in my personal storage worth over 50k gold, which i intend to sell once demand goes up for those items. If I wasnt there anymore and demand for my stored items would go up, prices will take longer to find equilibrium again because i wont be adding supply to the economy.
There is basically nothing malicious about me playing the tp and i actually contribute a great deal to the stable economy we have in gw2(even though the economy might look “out of whack” sometimes for the untrained eye).

Whoah, I sense a lot of bad feelings towards me :-) No offense intended… I am sorry and redirect you to my answer in the other thread, because in no way I meant to imply that you are harming other players :P

EDIT: Ill add on an explanation here, too.
Basically, I envy you market players the potential gold gain. We enjoy different parts of the game, cool, to each his own. But in the end, this being an MMO with an Avatar, we strive to outfit our char as well as we like and thus share a same goal. Your path, however, in theory enables you to reach said goal much easier than mine, despite it not even remotely belonging to the primary gameplay patterns. That is… disappointing for me.
I don’t want the devs to shut your path down. I want progress as quickly as you can all the while doing whatever I deem to be fun in the game (as long as it makes sense, I wouldn’t expect profit from sightseeing :-))

Borghal.1635:

Whoah, I sense a lot of bad feelings towards me :-) No offense intended… I am sorry and redirect you to my answer in the other thread, because in no way I meant to imply that you are harming other players :P

No offense taken and I didnt expect you to read the full topic of over 1k posts to know what the discussion is about.

I would look at recent history of the raw sell numbers and look for the times it ticks up. I look at that as a price it was sold at. True the item could have simply been pulled but on an expensive item like that, eating the 5% bid cost is a big disincentive in my book.

Since the last few upticks were at prices above 350g, I would say that 350g was a good price if you only waited.

on expensive items, I always check price history:
http://www.gw2spidy.com/item/48724
in the last week, this item has maintained a 400g price.
then on april 19, 3 were listed, lowering the price to 350g.
april 20, 2 of those were bought/removed, raising it to 400g again. (I’m assuming yours was one of those)
point being that this dagger is selling well at 400g (I count 4 sales in the last week, not counting your removal).
from this, I would probably list one I found at like 380g and expect it to sell within a day.
you can undercut expensive items by 1c, but it’s just as likely to get undercut again, and you’re likely listing it at it’s settled price, so it might take a while to sell. but if you undercut by a significant amount, it will sell faster and less likely of relisting it. And, really, which would you rather have? 380g now vs. 400g in a week. I look at it as: that 380g now could be turned into 500+g before the end of the week. filling a buy order is for when they are really close to the sell listing or you are very impatient.

Late to the party, but yeah, for such slow-moving luxury items like this, I’d list it at (or even slightly higher than) the lowest seller. Then just wait and be patient. It will sell eventually, barring a major change such as ANet increasing drop rates.

Congratulations on your drop, by the way.

I have a somewhat related question – how do you judge the velocity of an item?

Wanze.8410:

It was about 12 hours between your first and last post in this topic, why didnt you wait a bit longer? Wait at least a week before considering to relist. Most items go through a weekly circle because supply and demand outweigh each other depending on the day of the week. Patience is mandatory

As he said, be patient and you shall be rewarded xD

Not to hijack this thread OP, but I could also use tips on selling Wintersbark. I crafted it a month ago, listed for 300, got undercut several times for 5g+ with the item now selling at 250. Highest buy is 170, but that really doesn’t even cover the cost of crafting between the 1000 ancient planks, 250 ori ingots, 50 corrupted and 50 glacial lodes. With the wardrobe addition I imagined it would be more highly sought, especially since it’s the skin of ele’s conjured Frost Bow, but nope.

FrozenStarRo.7240:

Not to hijack this thread OP, but I could also use tips on selling Wintersbark. I crafted it a month ago, listed for 300, got undercut several times for 5g+ with the item now selling at 250. Highest buy is 170, but that really doesn’t even cover the cost of crafting between the 1000 ancient planks, 250 ori ingots, 50 corrupted and 50 glacial lodes. With the wardrobe addition I imagined it would be more highly sought, especially since it’s the skin of ele’s conjured Frost Bow, but nope.

My guess is that someone got their buy order filled and flipped it back onto the market. They undercut you to try and get a quicker sale before the profit dries up.

For the record, buying that item for 170g and selling it for 250g would result in a 42g profit.

Borghal.1635:

I have a somewhat related question – how do you judge the velocity of an item?

on that site I linked: http://www.gw2spidy.com/item/48724
just above the graph it has color codes for what things are on the graph. you can click those to add/remove lines and bars from the graph. I like to remove ‘Sell Listings Volume 1 Day Mv Avg’, ‘Sell Listings 1 Day Mv Avg’, ‘Buy Listings 1 Day Mv Avg’, ‘Buy Listings Volume 1 Day Mv Avg’, and ‘Buy Listing Raw Data’. Then add ‘Sell Listings Volume’. What you’ll have is how many sell listings there were, and what prices they were at and not any of that averages junk. anyways:
buy orders are less definitive. people can remove those for free, so you can’t always make something of changes in that count.
but sell listings are usually telling. Basically, if that count goes up, someone listed a new one. If that count goes down, it’s highly likely someone bought one. So you can count the number of times that count goes down over the course of a week and that will tell you how many sell listings were fulfilled during that time.
That’s the best way I can think of to judge how quickly an item sells if you know nothing about that item. A better way would be playing in that item’s market and getting to know it.

But looking at changes in the sell orders to determine velocity with such a slow sample rate is flawed.

Seeing the sell listing tick up one between samples could mean one more was added or 1001 was added and 1000 were sold. There is no way to tell. GW2TP samples more frequently but the problem still exists. We don’t see transactions, we see inventory numbers and try to divine transactions.

Seeing as how there is no alternative, I believe looking at sell listing volume is the best we have to go on.
Plus, I’m sure someone could do a math proof about how we can look at a month’s record of a particular item’s supply, see that there has never been 1000 listed in a short period of time, and assume that there wouldn’t be such an event on a generic day in the more-recent past. It might be snap shots every 15 or 5 minutes, but after 2880 snapshots in a month, at least one would see any peculiarities such as 1001 added and 1000 sold.
But, you do have a point that we should take into account. We could easily say that 1 added and 1 sold is likely to happen. Even 2 added and 2 sold is possible. Beyond that is very unlikely for how many we do see. Also someone removing their listing is possible. So I would say the velocity of sell listings is very likely within 4-7/week. For a generic item, maybe 90%-140% of what we can see? (then x2 for buy orders?)
Speaking of them; we can’t do anything about buy orders. And I’m sure JS will come on here and say something like “actually, 46 of these items changed hands in the past week” (he’s done that to me before). But at least we have a ballpark – we are reasonable certain 1000 of these aren’t routinely sold.

Never watched ectos “live” on the market have you? Hundreds if not thousands are traded in the 5-10 minutes that happen between samples on GW2TP.

tell you what; you can assume Crying Thorn of Dreams buys and sells thousands every hour.
There is currently a 142.3g profit potential between sell listing (including -15% fee) and the buy orders.
with thousands being bought and sold every hour, you are sure to be able to flip at least a couple hundred before noon.

Mystic.5934:

tell you what; you can assume Crying Thorn of Dreams buys and sells thousands every hour.
There is currently a 142.3g profit potential between sell listing (including -15% fee) and the buy orders.
with thousands being bought and sold every hour, you are sure to be able to flip at least a couple hundred before noon.

So, the strategy is putting in buy orders at the buy order price or slightly above, and then selling at the low sell price or just below? Did I get that right?

that’s what flippers do, yes.
It usually takes a while because you’re waiting on the buy order to be filled, then you’re waiting on the sell listing to be filled. longer on low velocity items like this, much shorter on higher velocity items like globs of ecto (you’ll note that the spread between buy and sell is almost always much smaller on high velocity items).
I previously guessed this item sells about 4-7/week, so you’d be looking at about 1-2 days before buy order was filled and 1-2 days before sell listing was sold (assuming you maintained the highest buy order and lowest sell listing, which can be pretty annoying to refresh).
In reality, people will undercut you within minutes/hours and their order would be filled first, so expect to wait much longer than this, though I have been pleasantly surprised before: This one time, on the TP, I placed a buy order for 20g on some exotic trinket (Jan ‘13), it was filled in under 10 minutes, I then listed it for 55g, and it sold within 20 minutes. such fond memories of easy money.
If you want an even higher profit flip, check out Ghastly Grinning Shield Skin’s 630g profit

Mystic.5934:

that’s what flippers do, yes.

This is good advice and i would add that the more you know about the item, the easier it gets to estimate the velocity. If you know the different sources where an item comes from and what it is used for, you are in a good position. The easiest way to do so is the wiki command in game: Just type in the chat window: “/wiki item name” and it will redirect your browser to the official wiki page which normally has alot of useful info on the item, where it drops and what it is used for. But keep in mind that the wiki is based on player input so info might be wrong or imcomplete. Every item pace also has a link to its item page on gw2spidy and gw2tp, which has graphs that give you various info on price and trade colume history.
I get much more gold for my items (it doesnt matter, if i bought them on the tp as a merchant or got them as loot) by doing this. As i spend most of my time playing the tp, this is also a great way to get to know and read up on other part of the game. I observe many prices alot, thats what i do as TP Merchant, and so i realize price spikes way before the average player. By checking the wiki, i know how this item, which just spiked in demand, is generated or where i can farm it and it gives me a clearer point of view, why this particular item is spiking because the page also lists, in which recipes it is being used.
There are many items, that usually dont get alot of focus and feedback and the forums, if their price spikes because not many people need to use them. I can give you some examples:

Karka Shells: Spiked 500% after ascended weaponcrafting allowed to forge versatile infusions in september but nobody was farming them because Southsun was dead.
Poultry meat: 4-6s in the last month due to consumption for lemongrass poultry soup in wvw spring tourney.
T4 Totems: In general, t4 mats are very valuable right now, it doesnt matter if its common mats like linen, platinum and rugged leather, or rare mats like totems and blood. Its the least farmed material tier in the game and thus the most valuable.

I know this by just looking at tp prices all day. And I know where to farm those goods by reading its wiki page. Many people ask now, what the “farm meta” is now after champ trains got nerfed. But everytime you do what everybody else does to farm gold/mats, you wont earn more than everybody else. As long as you know, which items are in demand (items that are meta farmed are usually not in demand) and where you can farm them, it gives you a huge advantage. Whenever i see an in demand item on the tp, i try to farm it. My first choice is always the tp, to obtain in demand items. So i put in buy orders for the items or look up, which lootbags drop that item, which items salvage into the item in demand or which follow up items exist that require that item (if rugged leather just spiked 200%, surely rugged leather glove panels (item crafted using rugged leather) and rugged leather strap (salvage item, like any other rugged leather armor) will spike soon after, so i make some money off that to put in buy orders for those items our buy out the supply on the tp up to crafting/salvaging value.

My point is, the more you know about item value and its changes, the easier it gets to look for farming spots that give alot of gold in return for farming it. If you just follow the champ or world boss train meta, you wont be making more gold/loot than the average player but if you know how to farm little known in demand items efficiently, you will get way more prfoit per hour. But it always entails to do some research, which most players are not willing to do but i can guarantee you, as soon as you know what you re doing, you will earn more than double than the average player just farming this game because he farms the same spot for half a year like anybody else while you farm something else that is in demand every week.
Little off topic maybe in the end but its intended as sound advice.

Mystic.5934:

that’s what flippers do, yes.
It usually takes a while because you’re waiting on the buy order to be filled, then you’re waiting on the sell listing to be filled. longer on low velocity items like this, much shorter on higher velocity items like globs of ecto (you’ll note that the spread between buy and sell is almost always much smaller on high velocity items).
I previously guessed this item sells about 4-7/week, so you’d be looking at about 1-2 days before buy order was filled and 1-2 days before sell listing was sold (assuming you maintained the highest buy order and lowest sell listing, which can be pretty annoying to refresh).
In reality, people will undercut you within minutes/hours and their order would be filled first, so expect to wait much longer than this, though I have been pleasantly surprised before: This one time, on the TP, I placed a buy order for 20g on some exotic trinket (Jan ‘13), it was filled in under 10 minutes, I then listed it for 55g, and it sold within 20 minutes. such fond memories of easy money.
If you want an even higher profit flip, check out Ghastly Grinning Shield Skin’s 630g profit

Thanks. I only have 13g now though, so I might have to wait a while to try some of this out. I convert my gold to gems pretty much as soon as I get 50 or so.