Where does the money come from? - Guild Wars Forums

carbolater · Mar 05, 2008, 03:08 AM // 03:08

For the ppl with millions in gold..where does your money originally come from?

I know that money is usually gained from farming ectos or rare items..but where does THAT money come from?

is it just money filtering from the little gains- adding up?
or is it money received from NPC's?

BLOODGOAT · Mar 05, 2008, 03:11 AM // 03:11

Power trading.

/thread

Nightmares Hammer · Mar 05, 2008, 03:13 AM // 03:13

Quote:

Originally Posted by BLOODGOAT

Power trading.

/thread

QFT

12 chars.

carbolater · Mar 05, 2008, 03:15 AM // 03:15

what is power trading?

I Might Avenge U · Mar 05, 2008, 03:16 AM // 03:16

Search Ftw?

Generally: Farming/Power Trading/Running/Random Exploits

EDIT:

Quote:

Originally Posted by Carbolater [Wtf?

] what is power trading?

Oh god.. I actually have to answer a question..

First, lemme mention (again..) Search FTW

Power Trading - [Pwˆer Traëdíng] :

1) The use of exploiting another's in game knowledge of valuable items, by spamming the phrase "WTB GOLDS! PM!" in areas such as Kamadan District 1, or Lion's Arch District 1.

Kumu Honua · Mar 05, 2008, 03:16 AM // 03:16

Well, like all MMO's. It starts with everyone being poor, and killing the "A Giant Rat" and selling the pelt. Then after a while they keep moving up the chain and getting more and more currency just by killing monsters to where they start to buy "Rare" items to hoard/sell to other rich players.

Generally, all the gold in the game has come from quest rewards, vanquishing, coin drops, and merching. Trading only redistributes the wealth. (There's more sources of gold than just that, but I don't know them all).

carbolater · Mar 05, 2008, 03:18 AM // 03:18

o ok thnx

Master Sword Keeper · Mar 05, 2008, 03:23 AM // 03:23

Super Farming. i.e maximum of 5hrs per run, equivilent 10-12 golds, rare items, greens (depending on Area), Rare materials.

plenty of options. FoW clears, UW clears, CoF runs..

Bus service, Taxi'ing services...List goesss on.

you name it, people can get money for almost any service.

**cosyfiep** · Mar 05, 2008, 03:23 AM // 03:23

buy low---sell high. how people everywhere make money.

Siirius Black · Mar 05, 2008, 03:27 AM // 03:27

and even some get gold "Dancing for money"

+1

DarkFlame · Mar 05, 2008, 03:45 AM // 03:45

Solo 55 farming in UW/FoW. B/P runs into pve Tombs. 6 man runs in the Deep. All from the pre-nerf, pre-loot scaling days.

Kumu Honua · Mar 05, 2008, 03:51 AM // 03:51

People keep saying "Trading" or other similar things, but the OP was asking where gold actually comes from.

If you buy low and sell high, you did not add any gold to the economy. You only redistributed it.

Gold enters the economy by the monster drops, quest rewards and merchants buying things. When you trade someone it's a net zero transaction. He gains X gold, but you lose Y gold. No gold was created.

I Might Avenge U · Mar 05, 2008, 04:13 AM // 04:13

Quote:

Originally Posted by Kumu Honua

People keep saying "Trading" or other similar things, but the OP was asking where gold actually comes from.

If you buy low and sell high, you did not add any gold to the economy. You only redistributed it.

Gold enters the economy by the monster drops, quest rewards and merchants buying things. When you trade someone it's a net zero transaction. He gains X gold, but you lose Y gold. No gold was created.

I think you read the original post incorrectly mate..

+1

Kumu Honua · Mar 05, 2008, 04:31 AM // 04:31

Quote:

Originally Posted by I Might Avenge U

I think you read the original post incorrectly mate..

+1

Well he specifically states....

Quote:

Originally Posted by carbolater

I know that money is usually gained from farming ectos or rare items..but where does THAT money come from?

is it just money filtering from the little gains- adding up?
or is it money received from NPC's?

He said that money is usually gained by farming ecto's and rare items but where does THAT money come from.

The answer is that money comes from thousands of dead monsters, quest rewards, and stuff being sold to merchants.

The many players that killed lots of critters, sold the drops to merchants, picked up the gold coins and collected the quest rewards.

Farming rare items doesn't create gold (Unless sold to a merchant), it only redistributes the gold that was created by others doing the actions that actually create gold.

I Might Avenge U · Mar 05, 2008, 04:37 AM // 04:37

Quote:

Originally Posted by Kuma something or other..

He said that money is usually gained by farming ecto's and rare items but where does THAT money come from.

The answer is that money comes from thousands of dead monsters, quest rewards, and stuff being sold to merchants.

The many players that killed lots of critters, sold the drops to merchants, picked up the gold coins and collected the quest rewards.

Farming rare items doesn't create gold (Unless sold to a merchant), it only redistributes the gold that was created by others doing the actions that actually create gold.

It seems, to me, as if he wonders how people started to earn their money when they started so low..

Ehh, I'm generally ignorant and doing HW at the same time.. You can't blame me for reading it wrong!.. O.o

T-Superfly · Mar 05, 2008, 05:50 AM // 05:50

cool its like playing the stock market! except most things go down in price over time.(ectos, rare skins, greens, etc.)

The rich ppl i know get money from just playing the game...A LOT.

**Marty Silverblade** · Mar 05, 2008, 06:40 AM // 06:40

Also, I know it's a long long time ago, but in 2005 (I think) the merchants reset and people were able to buy sup vigs/absorbtion runes for 250 gold. Anet decided not to reset the servers and let them all cash it in and gain millions instantly.

Other than that, just farm to bring money into the economy, and power trade to boost your personal cash.

angmar_nite · Mar 05, 2008, 06:43 AM // 06:43

Quote:

Originally Posted by T-Superfly

cool its like playing the stock market! except most things go down in price over time.(ectos, rare skins, greens, etc.)

The rich ppl i know get money from just playing the game...A LOT.

how rich are they? A few mill is pocket change.

Div · Mar 05, 2008, 06:43 AM // 06:43

Beating bad guilds in GvG.

Carinae · Mar 05, 2008, 07:13 AM // 07:13

Or, god forbid, playing the game. I made good money Vanquishing.

Mar 05, 2008, 03:08 AM // 03:08	#1
carbolater Ascalonian Squire Join Date: Jan 2008 Profession: Mo/Me	Where does the money come from? For the ppl with millions in gold..where does your money originally come from? I know that money is usually gained from farming ectos or rare items..but where does THAT money come from? is it just money filtering from the little gains- adding up? or is it money received from NPC's?

Mar 05, 2008, 03:16 AM // 03:16	#6
Kumu Honua Jungle Guide Join Date: Feb 2008	Well, like all MMO's. It starts with everyone being poor, and killing the "A Giant Rat" and selling the pelt. Then after a while they keep moving up the chain and getting more and more currency just by killing monsters to where they start to buy "Rare" items to hoard/sell to other rich players. Generally, all the gold in the game has come from quest rewards, vanquishing, coin drops, and merching. Trading only redistributes the wealth. (There's more sources of gold than just that, but I don't know them all). Last edited by Kumu Honua; Mar 05, 2008 at 03:23 AM // 03:23..

Mar 05, 2008, 03:11 AM // 03:11	#2
BLOODGOAT Wilds Pathfinder Join Date: Jun 2007 Location: long a Profession: Mo/	Power trading. /thread

Mar 05, 2008, 03:15 AM // 03:15	#4
carbolater Ascalonian Squire Join Date: Jan 2008 Profession: Mo/Me	what is power trading?

Mar 05, 2008, 03:18 AM // 03:18	#7
carbolater Ascalonian Squire Join Date: Jan 2008 Profession: Mo/Me	o ok thnx

Mar 05, 2008, 03:23 AM // 03:23	#8
Master Sword Keeper Krytan Explorer Join Date: Sep 2006 Location: Dead Isle Guild: Farmers Of Woe [FoW] Profession: W/	Super Farming. i.e maximum of 5hrs per run, equivilent 10-12 golds, rare items, greens (depending on Area), Rare materials. plenty of options. FoW clears, UW clears, CoF runs.. Bus service, Taxi'ing services...List goesss on. you name it, people can get money for almost any service.

Mar 05, 2008, 03:23 AM // 03:23	#9
cosyfiep are we there yet? Join Date: Dec 2005 Location: in a land far far away Guild: guild? I am supposed to have a guild? Profession: Rt/	buy low---sell high. how people everywhere make money.

Mar 05, 2008, 03:27 AM // 03:27	#10
Siirius Black Krytan Explorer Join Date: Aug 2007 Location: The Dragon's Lair Guild: La Legion Del Dragon Profession: E/	and even some get gold "Dancing for money" +1

Mar 05, 2008, 03:45 AM // 03:45	#11
DarkFlame Desert Nomad Join Date: Feb 2005 Location: Ascalon Profession: E/	Solo 55 farming in UW/FoW. B/P runs into pve Tombs. 6 man runs in the Deep. All from the pre-nerf, pre-loot scaling days.

Mar 05, 2008, 03:51 AM // 03:51	#12
Kumu Honua Jungle Guide Join Date: Feb 2008	People keep saying "Trading" or other similar things, but the OP was asking where gold actually comes from. If you buy low and sell high, you did not add any gold to the economy. You only redistributed it. Gold enters the economy by the monster drops, quest rewards and merchants buying things. When you trade someone it's a net zero transaction. He gains X gold, but you lose Y gold. No gold was created.

Mar 05, 2008, 05:50 AM // 05:50	#16
T-Superfly Ascalonian Squire Join Date: Nov 2007 Guild: Knights Of Echovald Profession: W/Me	cool its like playing the stock market! except most things go down in price over time.(ectos, rare skins, greens, etc.) The rich ppl i know get money from just playing the game...A LOT.

Mar 05, 2008, 06:40 AM // 06:40	#17
Marty Silverblade Administrator Join Date: Jun 2006	Also, I know it's a long long time ago, but in 2005 (I think) the merchants reset and people were able to buy sup vigs/absorbtion runes for 250 gold. Anet decided not to reset the servers and let them all cash it in and gain millions instantly. Other than that, just farm to bring money into the economy, and power trade to boost your personal cash.

Mar 05, 2008, 06:43 AM // 06:43	#19
Div I like yumy food! Join Date: Jan 2006 Location: Where I can eat yumy food Guild: Dead Alley [dR] Profession: Mo/R	Beating bad guilds in GvG.

Mar 05, 2008, 07:13 AM // 07:13	#20
Carinae Forge Runner Join Date: Jun 2005 Location: Inside Guild: Fifteen Over Fifty [Rare]	Or, god forbid, playing the game. I made good money Vanquishing.