Gold Sellers

c0kane · Post by **c0kane** » Fri Nov 10, 2006 12:01 pm

are doomed to fail. The gold farmers and sellers inject a large amount of money into the economy so the value of gold will depreciate.

The original price advertised by gold sellers was $13 per 10mil gold and the going price right now is around $7 per 10m. The sellers will have to continue selling cheaper and eventually the cost of running the business (globals, web hosting+connection fees, staff wages, etc) will outweigh the profit made from selling gold.

Godlikez · Post by **Godlikez** » Fri Nov 10, 2006 12:08 pm

not sure about that as long as they have customers they will continue or.... maybe not

c0kane · Post by **c0kane** » Fri Nov 10, 2006 12:10 pm

Godlikez wrote:not sure about that as long as they have customers they will continue or.... maybe not

A business will not operating when it doesn't making any profit and cannot operate making a loss. Gold sellers are no different than other businesses.

PimpC · Post by **PimpC** » Fri Nov 10, 2006 12:12 pm

ok.

that would be good

c0kane · Post by **c0kane** » Fri Nov 10, 2006 12:14 pm

This can happen very soon or even years from now.

However, not all is good because items that cost 1m right now could cost 10m by that time. Lowbies starting can't EVER catch up and the rich who hoarded items in anticipation of this inflation would become richer.

Godlikez · Post by **Godlikez** » Fri Nov 10, 2006 12:15 pm

ur theory sounds good but see this way a gold company can be made with 1 person only.. all he needs is +/- 8 pcs running multiclient that allows about 64 gold farmers at the same time i dont see the costs being that hight since each 40 mil they sell on ebay they are payng internet bills and eletric bills and some silks to globally advertise their sellings...

c0kane · Post by **c0kane** » Fri Nov 10, 2006 12:20 pm

One person? I wouldn't think so because the seller has to meet each client in-game to deliver the gold.

Also, I don't know many people who own 8 PCs. I wouldn't think that gold sellers would invest in all the equipment, the bills (electricity, internet), an office area to run the business and so on just to make $1-2 dollar profit per sale.

Priam · Post by **Priam** » Fri Nov 10, 2006 12:24 pm

I actually think you’re correct. It makes sense really. This could be a problem resolving itself, but as you said, could take quite a while.

c0kane · Post by **c0kane** » Fri Nov 10, 2006 12:28 pm

It's a shame though, it's like giving yourself stomach cancer to cure ulcer.

Tallrik · Post by **Tallrik** » Fri Nov 10, 2006 12:29 pm

c0kane wrote:One person? I wouldn't think so because the seller has to meet each client in-game to deliver the gold.

Also, I don't know many people who own 8 PCs. I wouldn't think that gold sellers would invest in all the equipment, the bills (electricity, internet), an office area to run the business and so on just to make $1-2 dollar profit per sale.

office area etc

I used to have a network of 5 PC's in my living room +_+

Godlikez · Post by **Godlikez** » Fri Nov 10, 2006 12:31 pm

i sayd for 40 mil sro gold they sell they can pay all those bills i belive they sell a lot more... and yes maybe they can be like 3/4 ppl with 2/3 pc each still what im tryng to say they can lower the prices and still make profit.. but i wish u theory was to happen i just dunno

c0kane · Post by **c0kane** » Fri Nov 10, 2006 12:33 pm

Tallrik wrote:
c0kane wrote:One person? I wouldn't think so because the seller has to meet each client in-game to deliver the gold.

Also, I don't know many people who own 8 PCs. I wouldn't think that gold sellers would invest in all the equipment, the bills (electricity, internet), an office area to run the business and so on just to make $1-2 dollar profit per sale.

office area etc

I used to have a network of 5 PC's in my living room +_+

From my point of view, the prescence of 8 computers running bots all day would would be too hard to explain to any visitors and too ashamed to pass it off as a real job.

Priam · Post by **Priam** » Fri Nov 10, 2006 12:34 pm

Although most of them have web addresses, to sell from. Which costs money, they usually buy silk, ccféd or not, it costs money. If the profit get’s too low, it’s better to stop then go down all the way.

So they’re likely to stop when prices descent even further

pocketass666 · Post by **pocketass666** » Fri Nov 10, 2006 4:34 pm

c0kane wrote:are doomed to fail. The gold farmers and sellers inject a large amount of money into the economy so the value of gold will depreciate.

The original price advertised by gold sellers was $13 per 10mil gold and the going price right now is around $7 per 10m. The sellers will have to continue selling cheaper and eventually the cost of running the business (globals, web hosting+connection fees, staff wages, etc) will outweigh the profit made from selling gold.

nope, they will just start selling items, its like u said, gold is gonna be worthless, the prices of regular items will get stupid at some point, so people will have to start trading with one another, then they will just stock up items and sell those.

Frozen · Post by **Frozen** » Fri Nov 10, 2006 5:09 pm

What happens:

Gold prices drop -> People buy more gold because of lower cost
and in game prices rise -> People are forced to buy/buy more gold
causing the gold selling company to make cash.

DeaDSwarM · Post by **DeaDSwarM** » Fri Nov 10, 2006 5:50 pm

You haven't realised that MOST gold companys have other
services to help you aswell, Along with gold for othergames
and powerlvling 1-70 for 1k+ real $$!!

The companys are no where near closing down yet...

bandinopla · Post by **bandinopla** » Fri Nov 10, 2006 8:38 pm

nice topic...

ShizKnight · Post by **ShizKnight** » Sat Nov 11, 2006 3:28 am

Frozen wrote:What happens:

Gold prices drop -> People buy more gold because of lower cost
and in game prices rise -> People are forced to buy/buy more gold
causing the gold selling company to make cash.

Or people could grow up, learn to play a game without a fixed hand, and not buy gold. Hah, who am I kidding, eh?

Midnyte · Post by **Midnyte** » Sat Nov 11, 2006 7:09 am

Frozen wrote:What happens:

Gold prices drop -> People buy more gold because of lower cost
and in game prices rise -> People are forced to buy/buy more gold
causing the gold selling company to make cash.

Interesting theory
The Gold selling sites have probaly predicted what would happen and my guess is they already figured out a solution, they wouldnt keep doing what there doing knowing it will only end badly for them.

Drew_Benton · Post by **Drew_Benton** » Sat Nov 11, 2006 7:13 am

Gold on ROME is being advertised 10m for $7 now. It started out at $20 then was $15 for a while, then dropped to $13.50 and kept on getting lower.

Either:

A - People aren't buying it, so sell low and raise prices when more business picks up

B - There already is a lot of gold in circulation, so they have to sell lower.

B is not the case on Rome, so it has to be A.

Alfred · Post by **Alfred** » Sat Nov 11, 2006 7:24 am

Don't forget, they are not only selling gold on Silkroad. Its like every MMO they can get hold on.

Sc(+)pE16 · Post by **Sc(+)pE16** » Sat Nov 11, 2006 9:03 am

i bet they get their main income off of World of dumbcraft.

Midnyte · Post by **Midnyte** » Sat Nov 11, 2006 9:05 am

Sc(+)pE16 wrote:i bet they get their main income off of World of dumbcraft.

lol yea probaly

c0kane · Post by **c0kane** » Sat Nov 11, 2006 10:44 am

Midnyte wrote:
Frozen wrote:What happens:

Gold prices drop -> People buy more gold because of lower cost
and in game prices rise -> People are forced to buy/buy more gold
causing the gold selling company to make cash.

Interesting theory
The Gold selling sites have probaly predicted what would happen and my guess is they already figured out a solution, they wouldnt keep doing what there doing knowing it will only end badly for them.

That theory is most likely incorrect.

The obvious path gold sellers will take is increasing the gold bundle size. So the $7 per 10m will become something like $7 for 20m. Since the bots will not farm gold any faster, the company will lose more and more and soon they will start making losses.

Gold sellers are unlikely to invest in more computers to run more bots because the investment payoff is uncertain and may not even break even.

vulperin · Post by **vulperin** » Sat Nov 11, 2006 12:33 pm

c0kane wrote:are doomed to fail. The gold farmers and sellers inject a large amount of money into the economy so the value of gold will depreciate.

The original price advertised by gold sellers was $13 per 10mil gold and the going price right now is around $7 per 10m. The sellers will have to continue selling cheaper and eventually the cost of running the business (globals, web hosting+connection fees, staff wages, etc) will outweigh the profit made from selling gold.

At first i have the same idea as him BUT, i began to think it this way:

As you know, there are many many gold botters. The supply is very high while the demand is low. As time passes by, the demand gets higher but is unable to catch up with the infinite increase of gold generated by gold botters.

For example: The rate of gold generated is 10M/day. The average rate of gold bought is about 1N/day. Thus there is 9M/day of gold which quickly builds up. With so much supply, they could afford to sell it cheaper and thus reap higher profits.

Well this is my opinion

Winston · Post by **Winston** » Sat Nov 11, 2006 2:53 pm

this topic is stupid, who the ..... cares about gold sellers ?

white_knight · Post by **white_knight** » Sat Nov 11, 2006 3:05 pm

you guy all assume that the gold seller is base on usa :shock:

had some time to chat with the gold trader or their hunters you will know where they are from

Darkangel · Post by **Darkangel** » Sat Nov 11, 2006 3:31 pm

Obvoiusly you guys dont under stand how they get their money they type numbers into a game lol they dont get the money from their botters. its just typing in numbers lmao sorta like gold duping =.=

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