Where does the money come from?

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carbolater
carbolater
Ascalonian Squire
#1
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
BLOODGOAT
Wilds Pathfinder
#2
Power trading.

/thread
N
Nightmares Hammer
Krytan Explorer
#3
Quote:
Originally Posted by BLOODGOAT
Power trading.

/thread
QFT

12 chars.
carbolater
carbolater
Ascalonian Squire
#4
what is power trading?
I Might Avenge U
I Might Avenge U
Jungle Guide
#5
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
Kumu Honua
Jungle Guide
#6
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
carbolater
Ascalonian Squire
#7
o ok thnx
Master Sword Keeper
Master Sword Keeper
Krytan Explorer
#8
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
cosyfiep
are we there yet?
#9
buy low---sell high. how people everywhere make money.
Siirius Black
Siirius Black
Krytan Explorer
#10
and even some get gold "Dancing for money"



+1
D
DarkFlame
Desert Nomad
#11
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
Kumu Honua
Jungle Guide
#12
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
I Might Avenge U
Jungle Guide
#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
Kumu Honua
Jungle Guide
#14
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
I Might Avenge U
Jungle Guide
#15
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
T-Superfly
Ascalonian Squire
#16
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
Marty Silverblade
Administrator
#17
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
angmar_nite
Jungle Guide
#18
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
Div
I like yumy food!
#19
Beating bad guilds in GvG.
Carinae
Carinae
Forge Runner
#20
Or, god forbid, playing the game. I made good money Vanquishing.