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As I predicted, unidentified dyes fell to long forgotten prices after the patch. This is because players with dyes known by multiple characters were given free unidentified dyes to compensate them. But one thing that most people missed is that dyes will no longer be dropping from monsters in the game. What does that mean for prices? Even if there are far fewer people buying unidentified dyes long term, the price should go up immediately following the patch drop because of the decreased supply.
Here's two things to keep in mind:
1. You should be buying Unidentified dyes right now, not selling them.
2. Don't panic if prices drop a bit over the weekend when many players log on for the first time since the patch and dump their dyes onto the marketplace.
While I have lost literally thousands of gold from my enormous stockpile of unidentified dyes losing half their value, I am confident that the price will return to a higher amount than it was before.
EDIT: Here's what one reader emailed me a moment ago...
"Hello! I just wanted to thank you for the tip on I identified dyes on your blog. I bought yesterday at around 16s 60c when people flooded the market and now they are at 22s 22c with no signs of stopping. I also made some cash on the side by buying rare dyes that were put up at 5s then immediately flipping them at 20s. A lot of my friends thought that prices would skyrocket immediately and when prices were low stay very low. Thanks to your blog I was able to capitalize."