I just bought gems in bulk.

I just bought gems in bulk.

in Black Lion Trading Co

Posted by: Pie Flavor.1647

Pie Flavor.1647

First off, the website I was buying the gem cards from had to ask me to attend an international call by a human operator to ensure I wasn’t buying gem cards in bulk to resell them or to do any other kind of activities other than buying for my own benefit. I had to provide real name and even ID for them to agree to send me the gem cards. After a few days the gem cards arrived.

Now I redeemed all codes on GW2 but at the time of exchanging for gold, the limit was set to 9999 gems (I was attempting to exchange 12000 gems)

I don’t know if Anet, with so many anti farming measures and economy protectionism measures, will take any action and consider my behavior to be “suspicious”, I fully swear that I’m using these gems to buy stuff I like, not to try and cheat the system or anything.

So if a community representative, or someone with similar experiences could share some insight, I would be most grateful.

And I am become kitten, the destroyer of kittens

I just bought gems in bulk.

in Black Lion Trading Co

Posted by: Inculpatus cedo.9234

Inculpatus cedo.9234

I’m not sure this particular sub-forum is perused by anyone from CS. Might try posting in Account Issues. Good luck.

I just bought gems in bulk.

in Black Lion Trading Co

Posted by: Magnus Steelgrave.6580

Magnus Steelgrave.6580

It’s so they can readjust the rate for the rest of the conversion as dropping 10k gems would slightly nudge the exchange rate.

I just bought gems in bulk.

in Black Lion Trading Co

Posted by: Cassocaster.4576

Cassocaster.4576

It’s so they can readjust the rate for the rest of the conversion as dropping 10k gems would slightly nudge the exchange rate.

I hope this is a joke…..10K gems is likely less than 10 minutes worth of sales….a million, yeah, that might skew the exchange down but ANet has an API to access exchange rates and any manipulation on their part would immediately be published on a forum or reddit or spidy.

I just bought gems in bulk.

in Black Lion Trading Co

Posted by: Magnus Steelgrave.6580

Magnus Steelgrave.6580

It’s so they can readjust the rate for the rest of the conversion as dropping 10k gems would slightly nudge the exchange rate.

I hope this is a joke…..10K gems is likely less than 10 minutes worth of sales….a million, yeah, that might skew the exchange down but ANet has an API to access exchange rates and any manipulation on their part would immediately be published on a forum or reddit or spidy.

I said nudge… That may only be .001 but it’s enough to change the amount of money they would be getting per conversion on big bulk ones like that.

I just bought gems in bulk.

in Black Lion Trading Co

Posted by: Cassocaster.4576

Cassocaster.4576

It’s so they can readjust the rate for the rest of the conversion as dropping 10k gems would slightly nudge the exchange rate.

I hope this is a joke…..10K gems is likely less than 10 minutes worth of sales….a million, yeah, that might skew the exchange down but ANet has an API to access exchange rates and any manipulation on their part would immediately be published on a forum or reddit or spidy.

I said nudge… That may only be .001 but it’s enough to change the amount of money they would be getting per conversion on big bulk ones like that.

Fair enough, I wish we could see actual numbers on the in-game economy from ANet, it would take a lot of the swag out of the game.

I just bought gems in bulk.

in Black Lion Trading Co

Posted by: RemiRome.8495

RemiRome.8495

9999 is simply the limit per transaction. Just do it twice.

source: bought gems for 400g (200g per transaction is max)

edit: there could of course be an actual time limit for gem→gold for obvious reasons but you didn’t say you tried multiple transactions.

(edited by RemiRome.8495)

I just bought gems in bulk.

in Black Lion Trading Co

Posted by: Mystic.5934

Mystic.5934

when I spent 2,000 gold to buy 29,000 gems in late december, the rate did not even get nudged. It did fluctuate a bit, but consider this: the last 200g actually gave more gems than the first 200g.
I also did not get a knock at the door by guys in windbreakers and sunglasses, so I think you’re going to be safe.
You really do need to buy/sell in the millions to actually move the rate. (and buying gems with money doesn’t even touch the rate at all)

I just bought gems in bulk.

in Black Lion Trading Co

Posted by: Pie Flavor.1647

Pie Flavor.1647

9999 is simply the limit per transaction. Just do it twice.

source: bought gems for 400g (200g per transaction is max)

edit: there could of course be an actual time limit for gem->gold for obvious reasons but you didn’t say you tried multiple transactions.

yes I managed to exchange all of it for gold (one transaction of 8000 and one of 4000, also today was the highest point historically of gold:gem exchange rate, at 6.83 gold per 100 gems), I’m afraid because Anet has a history of ban trigger happy and to punish instead of prevent. And me doing such a big transaction is such a short timeframe would be grounds for considering my behavior “suspicious”.

And I am become kitten, the destroyer of kittens

(edited by Pie Flavor.1647)

I just bought gems in bulk.

in Black Lion Trading Co

Posted by: mtpelion.4562

mtpelion.4562

9999 is simply the limit per transaction. Just do it twice.

source: bought gems for 400g (200g per transaction is max)

edit: there could of course be an actual time limit for gem->gold for obvious reasons but you didn’t say you tried multiple transactions.

yes I managed to exchange all of it for gold (one transaction of 8000 and one of 4000, also today was the highest point historically of gold:gem exchange rate, at 6.83 gold per 100 gems), I’m afraid because Anet has a history of ban trigger happy and to punish instead of prevent. And me doing such a big transaction is such a short timeframe would be grounds for considering my behavior “suspicious”.

I don’t think you have to worry about spending money being “suspicious”.

Server: Devona’s Rest

I just bought gems in bulk.

in Black Lion Trading Co

Posted by: Ensign.2189

Ensign.2189

I don’t think you have to worry about spending money being “suspicious”.

They do have to be vigilant about people using stolen credit cards or laundering money. The security checks when buying bulk gem cards were to guard against those situations.

Don’t think it isn’t common; a good chunk of the 3rd party gold (that isn’t stolen from people’s accounts) is farmed on accounts purchased with stolen credit cards or other, ahem, questionable business practices.