Can you really be THAT rich?

Nude Nira

Nude Nira

Lion's Arch Merchant

Join Date: Jan 2008

inside a tanning bed

It's Raining Fame Hallelujah 【傘回傘】

Me/

Quote:
Originally Posted by JR
I'll take having a life over farming stacks of ectos.
QFT.



Quote:
Originally Posted by JR
Do you put a ridiculous amount of time into farming and/or powertrading? No? There's your answer.
If I need money, I put in the time necessary to achive however much I need. It's that simple: you have to put in time if you want anything. The greater amount of time spent, the greater the reward.

teh bestest is here

teh bestest is here

Desert Nomad

Join Date: Mar 2007

Quote:
Originally Posted by Malice Black
Running back in the day netted some of the LBS runners 20million+. LBS himself was worth 50million+ and this was wayyyyy back in 2005, well before duping. So, yes it is easy to make cash. The LBS runners spent a little, and earned a lot. It's a shame very few of them are left. Any of the decent ones reading this will back up this paragraph.

Power trading is hardly rocket science. It only takes 100k and some patience, and if you're good/lucky, that 100k can be turned into a million in under a week. Easy money, just not for people not willing to put the time in. Once you've established yourself a name within the trading community, tarding tales little to no time. People will come to you with offers or items.

Now back to trading. A little thinking on my part netted me many millions. Bought 2 panda at release for 900e each. I resold them when the big boom hit for 1500e+250 armbraces each. Now granted they were duped braces no doubt, but Anet seen fit no to remove duped braces, so the trade was legit, if a little shady.

So I turned what was a fair amount of cash into wealth beyond 99% of the current player base. Others have done the same. Easy money, no farming required. And I've only played 1.7k hours over 35months (take away some extensive afk, and 4-6months no playing), so no, I'm no lifeless wonder.

Point proven? Or do I need to write more? Prefer not to. People moan I'm boasting my e-peen lol anyone who knows me ingame knows different.

Can you really be that rich? Simple answer is yes. Can 99% of the player base be that rich? hell no. Even so, everyone should have at least 100k. It's quite amusing reading posts from people who've never had more then 10-20k.

Ok. I'm done.
I back this Up 100%, I being one of the few LBS runners left playing did see and experience runners making 700k in a day. I used to run from ascalon-->to the last mission(with hench beating mission ofcourse) for 750k, and this took about 12 hours in the summer. Now no one will pay that price now, back in the day it was popular, and many runners were millionaires in days. While the 10k+ ecto is fairly easy if you did this, the 250 armbraces is not... Only way(which malice explained) was the Item Dupe that occurred.

Teh [prefession]-zorz

Jungle Guide

Join Date: Feb 2007

wisconsin

Spiders Lair Kurz [SpL]

W/A

Its a game dude, and only that and sometimes we lose sight of that and make it our "fantasy life"

dread slayer

dread slayer

Frost Gate Guardian

Join Date: Mar 2008

Somewhere

A guild??? What is that?

A/

Dudes..... I've been playing the game for 3 years..... and you could say I'm not rich or poor..... I have like 2-3 sets of 15k armor on each of my chars(no fow) TBH the only time i rlly had luck was when Hm came out and started farming Colossal Scimis instead of zodiacs(stupid me) but i still made decent cash getting lots of them........ (100k+ back in the dayz) so it really depends how u choose to play gw....... Powertrading seems fine as long as I keep the diff prices in mind.....

tuna-fish_sushi

tuna-fish_sushi

Desert Nomad

Join Date: Dec 2005

California

E/A

If I really want to have no life this summer i can Farm 50 ectoes a day via Chaos plains (~10 runs at 30 mins each... 5 hours a day) and if i do it all over summer (About 3 months~ 90 days) I can make about 4,500 ectoes (Hello Mini Panda!)

and this is only over 3 months people have had 36+months to get that much.

Also there are people with that much time on their hands, especially all the Gods walking amongst mere mortal people.

Dr Strangelove

Dr Strangelove

Furnace Stoker

Join Date: Dec 2005

Wasting away again in Margaritaville

[HOTR]

Quote:
Originally Posted by tuna-fish_sushi
If I really want to have no life this summer i can Farm 50 ectoes a day via Chaos plains (~10 runs at 30 mins each... 5 hours a day) and if i do it all over summer (About 3 months~ 90 days) I can make about 4,500 ectoes (Hello Mini Panda!)

and this is only over 3 months people have had 36+months to get that much.

Also there are people with that much time on their hands, especially all the Gods walking amongst mere mortal people.
Of course, the suicide rate for people farming 5 hours a day every day for three years must be staggering.

Moral55

Moral55

Frost Gate Guardian

Join Date: Mar 2007

SNOW

E/Me

Quote:
Originally Posted by Dr Strangelove
Of course, the suicide rate for people farming 5 hours a day every day for three years must be staggering.
It's their form of cutting.

Reinfire

Reinfire

Lion's Arch Merchant

Join Date: May 2006

Amsterdam, NL

The Guild of Cunning Artificiers [ANKH]

W/

I (and im sure im not the only one) dont care about cash. I allways buy items I need 2K too expensive and sell items I dont want 2K to cheap because I dont want to spend an hour haggling over a few goldcoins. I only got 150K and perhaps another 50-75K in property (aquired mainly through quest rewards and merch fodder), which is far from being filthy rich, but enough to buy things I want at a time: a 15K armour set, a green/gold weapon or festival tickets for nine rings :-)

Rothan Celt

Rothan Celt

Jungle Guide

Join Date: Feb 2008

Aura

Mo/R

Oh F.... i just started a thread more or less on the same subject o.O Arg DAm search!! ><

Miss Puddles

Miss Puddles

Jungle Guide

Join Date: Jun 2005

California

Shiverpeaks Search And Rescue [Lost]

Me/

the only time i ever had more than about 40k to my name was when i was doing doa runs constantly and the drops were still worth something.
even then, i only had about 450k at max, and blew it all on sugar XD
i'm constantly broke anyway, just cause i don't treat ingame money like REAL money. the gas isn't going to get shut off if i only have 20k in storage.

a-kyle

Krytan Explorer

Join Date: Apr 2008

A/R

I think the game is taken to seriously when it comes to money.
I only have at best 5 k and i have been playing for over a year, i make a k and put it away. its like those who have 500+k are super ubers while the rest of us are newbs.

Wyvern Stonehead

Wyvern Stonehead

Ascalonian Squire

Join Date: Jun 2008

Moon's Midnight Wolves [Wolf]

W/

I myself have never had more than 200k, and I'm pretty happy with that. I hawked goods, bought cheap sold high, used to play around buying mini's for 5k and selling for 30k before all minis became worthless. You can keep your obby and your Perfect Crystallines. Ill keep my title as a track star and my life thank you
- Wyvern

TheRaven

TheRaven

Desert Nomad

Join Date: Sep 2006

Virginia

Spirit of Elisha

W/

Currently in Xunlai Storage:
300k
74 ectos
40 Shards
33 Diamonds
23 Onyx
about 10 Rubies and Sapphires
at least 250 of each common material and the cheaper rares.
10 DOA gemstones
14 full Consets
23 Minipets (No repeats and Kuunie and Lich are the most expensive)
14 Black Dyes, 4 Whites and 20-50 of every other color.

2 Elite Armor sets (no fow)
1 Torment Shield
1 Chaos Axe - Req 9, perfect stats
About another 50-100k in weapons if I chose to sell them all at current market value.

Golden Title (Rank 5 Lucky)
Tragic Title (Rank 4 Unlucky) Both achieved by standing on the rings.
Rank 1 of Drunkard, Sweet Tooth and Party Animal (Achieved without spending a dime on these titles)
Wisdom title Rank 3
Treasure Hunter Rank 3
People Know Me

I've played for less than 2 years.
I have never farmed anything for longer than 10 minutes at a time and I doubt I've spent more than 5 hours total farming.
I don't power trade. I spend even less time trading than i do farming.

I'm certainly not among the super-rich but I could probably afford a set of FOW armor if I chose to liquidate everything in my inventory or set my mind to it. I'm comfortable. If I see something I want, I buy it (minipets) or do the missions required that will likely get me the drops I want. Both my torment shield and chaos axe were drops for me (the 60 gems were)

I just play the game. I log on in the evenings and play whichever section appeals to me. That may mean doing a dungeon one evening, helping a guildie with Nolani Academy, Vanquishing, working on my Cartography title or a FOW run.

If I had instead chosen to become a hard-core farmer or power trader, I'm sure I'd have much more than 300k in the bank. I became semi-wealthy without much effort. I just play the campaigns and pick up all drops. I've had a grand total of 3 drops that were worth 100k+ and 2 others that topped 50k+

Snow Bunny

Snow Bunny

Alcoholic From Yale

Join Date: Jul 2007

Strong Foreign Policy [sFp]

Quote:
Originally Posted by Dr Strangelove
Of course, the suicide rate for people farming 5 hours a day every day for three years must be staggering.
Not sure about suicide.
Pretty sure you just get pretty fat.

Sigma Onkoron

Frost Gate Guardian

Join Date: Sep 2007

Basement

This is were people get it wrong. When someone has 4000e its not because "omg there a hacker" no they worked for it for a while got something rare in a drop and sold it. I have seen Trade Windows of armbraces. Yes Armbraces, yes I feel poor but I don't really care its not like the pixels on your screen make your real life better. If they have more gold then you congrats. If you have more then them congrats. But seriously who cares about pixel gold?

Paul Dawg

Krytan Explorer

Join Date: Apr 2008

House of Myrthe (HoMe)

W/

I have a little over 200k in cash after six months of playing the game casually but enthusiastically. (That's cash only, so not considering gear and materials.) It's certainly enough for me to buy anything I want; I've just accepted the fact that I'm never going to have mini-pandas or anything like that. You can enjoy the game without making an obsession of it.

Div

Div

I like yumy food!

Join Date: Jan 2006

Where I can eat yumy food

Dead Alley [dR]

Mo/R

Quote:
Originally Posted by Selket
Pretty sure you farm IRL bro<3
lol Selket is JR's wife so of course Selket knows.

P.S. Thread rez is kewl.

Peter Acid Eater

Ascalonian Squire

Join Date: Feb 2007

New New York

Warriors of Wynd [WoW]

W/

It's the internet. 98% of the people are complete liars. Besides, who cares? You have a silver trim cape? Whoopty doo. I have rent to pay and work to do. Get back to me when you're not suckling on the teet anymore. I don't pretend to be uber. I'm not. I play this game to have fun. If I can help others, I will. If others can help me, I welcome their advice as long as they're not dicks about it.

Since when has being virtually rich become important? Go read a book and enrich your mind. That's something that all those uber ecto fools are missing out on.

Ate of DK

Ate of DK

Wilds Pathfinder

Join Date: Oct 2005

Netherlands

None but Fools [nuts]

You have a funny name for your Assassin, Peter Acid Eater.

For Love Of Money=A

Brother Andicus

Lion's Arch Merchant

Join Date: May 2005

Scotland

The Illuminati

Its not hard at all for someone to have that kind of money.

I'll use a very simplified model with some pretty average numbers.

Right now i'm playing a fair bit of casual PvE and doing a little PvP too. No farming, no power trading, no scamming/duping etc.
I'd say i'm playing around 25-30 hrs per week(2-3 hrs a day during the week, the rest at weekends) and making around 100k per week.
GW has been on the go 3 years which is around 150 weeks.
Thats 15000k, which at current ecto prices translates to ~3800e.

You can do all sorts of things to complicate that model, but basically if you play the game a bit for a long time you make a lot of money.
If you play the game with the intent of making money you can probably earn at 10x that rate or more.

It wouldn't suprise me at all if there is someone out there with 100,000e all earned in a legit manner.

kostolomac

kostolomac

Jungle Guide

Join Date: Apr 2008

Serbia

Me/

I never had more than 100k in storage and on my charr , i don't count normal materials. Money only interests me when I want a new set of armor , then I try to make some , otherwise I just play the game , I heard that you could make some money doing DoA runs , but since I hate DoA and ursan is boring to play I'll probably never get that rich. Also I have 20 minis (no lich or kuni , the only valuable are the mursaat and raptor) in storage and made 5 sets of 15k armor.

Phoenix Tears

Phoenix Tears

Desert Nomad

Join Date: Feb 2007

Anet has only finally to make these ridiculous rare minipets alot more common and all those dupers will bite in their asses.

That would be the greatest funny thing I wish me to see for fairness of the game. these pets really finally need to receive some perma ressources, like such very good quests for the Black Moa chick, so that players can actually WORK for these pets, instead of grindign their asses off for years to have maybe somesay enough of these bullshit materials to trade you one of those minis -..-

But Anets was mostly ever in kind of such gameplay design totally retarded yet, I don't await from them to get a brain and to make the game finally more fair for Mini Collectors, because where is the sense in collecting Minis, when the devs will give their players never the chance to complete their collections.

I'm really willign to work for my mini panda, or Mini Oni whatever, but this work should be at least feal at the end, like an achievement, not like a insane braindead huge pile of shit grind that is mostly impossible to fulfill as normal honest player, that doesn't cheat, doesn't abuses exploits and doesn't buys ingame money with real money illegally from Gold Seller Sites or general Ebay >.>

But it seems, Anet will be ever too dumb to understand this catastrophal game design problem.

N1ghtstalker

N1ghtstalker

Forge Runner

Join Date: Dec 2007

E/

some people have played since the beginning of GW and some really don't have a life and constantly play GW, so yes you can be extremely rich but don't count that they have a social life

Fril Estelin

Fril Estelin

So Serious...

Join Date: Jan 2007

London

Nerfs Are [WHAK]

E/

I was just reading posts from people laughing at "power-trading", but this is something that real-life does a lot.

I remember watching a seminar 10 years ago (so it's really not new at all...) on how a ban intern created a model of the transactions where shares are sold on one stock market to sell them immediatly after on a different stock market which hasn't reacted to share's price changes, thus exploiting the delay between stock exchange's reaction to certain news in different part of the world.

It may seem boring, cheating, or not so honorable, but it's part of all economies that are big enough to generate that kind of interest in rare items. The added-value of these re-sellers may not be very big (it starts with luck, then building your own personal circle of buyers/sellers I guess) but it's part of the game, whether we want it or not. It could even be seen as the 11th profession of the game .

Shiishii Momo

Shiishii Momo

Frost Gate Guardian

Join Date: Nov 2006

I need a guild, R5 KOBD

N/

Quote:
Originally Posted by Fril Estelin
I was just reading posts from people laughing at "power-trading", but this is something that real-life does a lot.

I remember watching a seminar 10 years ago (so it's really not new at all...) on how a ban intern created a model of the transactions where shares are sold on one stock market to sell them immediatly after on a different stock market which hasn't reacted to share's price changes, thus exploiting the delay between stock exchange's reaction to certain news in different part of the world.
Which has been outlawed by our FTC and deemed illegal in most countries.

DonCorleoneCS

Wilds Pathfinder

Join Date: Mar 2006

Connecticut

???oo ???ugs ???lan [?????????]

W/

Quote:
Originally Posted by Savio
What purpose do you have playing the game? Some people enjoy the storyline, others like to PvP, and some just like having lots of money. If someone enjoys playing the game by running around as a naked male warrior in Lion's Arch, why should he care what the point is?
hahaha savio is the man. naked male warrior in la was epic.

Fril Estelin

Fril Estelin

So Serious...

Join Date: Jan 2007

London

Nerfs Are [WHAK]

E/

Quote:
Originally Posted by Shiishii Momo
Which has been outlawed by our FTC and deemed illegal in most countries.
It may well be the case, but there are many work-arounds that laws don't take into account (money laundering works the same, it's an arms race). I'm not in favor of this type of parasiting of an economy, merely pointing at the fact that it's not a specific phenomenon so as to explain these insane amount of money. Plus, you have these items whose value suddenly jumped by x100 (such as the mini-pigs before last year's Canthan New Year's Festival or the insanely rare mini polar bear...).

Virtual Worlds bring new tricks, but it's the same old story: greed .

Fril Estelin

Fril Estelin

So Serious...

Join Date: Jan 2007

London

Nerfs Are [WHAK]

E/

Quote:
Originally Posted by Nainoa
I doubt that would be enough of a reward for the overwhelming majority of players. I believe most people into the high-end trading and amassing godly amounts of wealth for the sake of simply having it have some serious life problems.
I believe that people and their reasons to do things are more complex that what you just said in 2 sentences . Everyone has an opinion, mainly influenced by their own experience of the game (whether they know someone rich, or who tried to be, or they tried themselves this or that method, or wanted desperately the 1000e wonder of GW...) but I don't believe we can really know what's going on, except in such general terms as "greed", "desire", "need for power", "need to feel superior".

Dante the Warlord

Desert Nomad

Join Date: Jul 2006

W/R

Yea powertrading is one way, but i think they farm for skins more often, people with over a stack of ectos probably farm a lot, but they are a lot poorer because of the SF nerf

Damian979

Krytan Explorer

Join Date: May 2008

Same rule of thumb applies in real life, there will always be someone with more stuff than you.

Unfortunately unlike real life, if you have 4000e, it means that you probably haven't seen the light of day for about 2 yrs, you sit and gawk at the 1000k in storage on all 5 gw accounts you own thinking about how cool you are and how hot your online "girlfriend's" ele looks.

_Todeshand_

_Todeshand_

I <3 unconditional

Join Date: Jul 2007

Ascalon City Int. 1

Ashfords Last Heirs [olsq]

Quote:
Originally Posted by Damian979
Same rule of thumb applies in real life, there will always be someone with more stuff than you.

Unfortunately unlike real life, if you have 4000e, it means that you probably haven't seen the light of day for about 2 yrs, you sit and gawk at the 1000k in storage on all 5 gw accounts you own thinking about how cool you are and how hot your online "girlfriend's" ele looks.
If you are good at trading or if you're just lucky, you can have real life+ lots of ingame money.

kk thx.

viper11025

viper11025

Wilds Pathfinder

Join Date: Mar 2007

02/18/05 (Pm me with the place, its a riddle)

A/

I got a secret for everyone, Woe Speader makes me rich and his friend Scar Eater loves to drop tomes on command.
To put it simply, Tomes have been the EASIEST way to make money for me.
I got about 400k* in 4 days doing some hardcore 10+ Hour farming.
It was like a tomeapaloza XD got over 80 tomes a day and worked my but off.

A mummified one

Frost Gate Guardian

Join Date: Jan 2008

OPW

E/

Quote:
Originally Posted by _Todeshand_
If you are good at trading or if you're just lucky, you can have real life+ lots of ingame money.
Lots of ingame money with "maxed" characters (titles,weapons,armors) ? What for? To ebay it ? "Lots of ingame money" will be worthless in GW2. So what's the point ?

Damian979

Krytan Explorer

Join Date: May 2008

Quote:
Originally Posted by _Todeshand_
If you are good at trading or if you're just lucky, you can have real life+ lots of ingame money.

kk thx.
Hmm lets see... 4000e would be if farmed, roughly 650 smite farming runs avg of 6-7 ectos per run, and if bought roughly 22 million gold before the price drop.

Now 1 account with no extra char slots can hold a max of 1.8 million gold and a smite run will take on average 20-25 min which would make for just under 280 hrs of farming.

Considering these facts, in order to own 4000e would mean your time invested in gw>>>than time invested in real life.

I love math

Edit:
Quote:
Originally Posted by Great Maximus
, some players prefer not to pick them up because their inventory just can't contain any more of these.
btw can you plz tell these people I'll take the ectos if they don't want them,I have more than enough storage space

Earth

Earth

Always Outnumbered

Join Date: Jul 2006

Quote:
Originally Posted by Damian979
Hmm lets see... 4000e would be if farmed, roughly 650 smite farming runs avg of 6-7 ectos per run, and if bought roughly 22 million gold before the price drop.

Now 1 account with no extra char slots can hold a max of 1.8 million gold and a smite run will take on average 20-25 min which would make for just under 280 hrs of farming.

Considering these facts, in order to own 4000e would mean your time invested in gw>>>than time invested in real life.

I love math
He was talking about trading too, not just farming. Powertrading is awesome if you invest a small amount of time into the economy.

I love reading

Damian979

Krytan Explorer

Join Date: May 2008

Quote:
Originally Posted by Earth
He was talking about trading too, not just farming. Powertrading is awesome if you invest a small amount of time into the economy.

I love reading

k, trading for ectos to.....trade for other stuff with the ectos you just traded for.

I hate pointless

Kanyatta

Forge Runner

Join Date: Jun 2006

Guildless, pm me

R/Mo

Quote:
Originally Posted by H2SO4
thing is in GW you can get max stuff for free. . . from collectors...
That's what I do, and I'm content having around 15k in my storage and zip on all my characters, because I can get max stuff and skills (now with tomes) for almost nothing, and its easy to gain back just with playing PvE.

@ OP: www.ebay.com

Earth

Earth

Always Outnumbered

Join Date: Jul 2006

Quote:
Originally Posted by Damian979
k, trading for ectos to.....trade for other stuff with the ectos you just traded for.

I hate pointless
Still doesn't mean your time in GW is larger than time spend in RL.

One more: Win one of those rare minipet price thingies and you won't be that far off from 4000 ectos. May even have 4000, I don't know what they're going for atm.

Damian979

Krytan Explorer

Join Date: May 2008

Quote:
Originally Posted by Earth
Still doesn't mean your time in GW is larger than time spend in RL.

One more: Win one of those rare minipet price thingies and you won't be that far off from 4000 ectos. May even have 4000, I don't know what they're going for atm.


very true, you might be one of the 1 in 1 million that get a ghostly hero from the chest or something like that, you still have to find someone that actually has invested the time to afford to buy it from you.

Earth

Earth

Always Outnumbered

Join Date: Jul 2006

Quote:
Originally Posted by Damian979
very true, you might be one of the 1 in 1 million that get a ghostly hero from the chest or something like that, you still have to find someone that actually has invested the time to afford to buy it from you.
Lots of people with lots of money these days