Chinese Gold Buying and Exchange Rates
I don’t see your point. You already can sort of officially buy gold by buying gems, then trading for gold.
I don’t see your point. You already can sort of officially buy gold by buying gems, then trading for gold.
this all looks good on paper, but have you ever trade gems for gold? The ratio of gold is a bit low for the price of gems. Probaly why the botters and sellers are still in game. Players get more gold worth for their money.
I don’t see your point. You already can sort of officially buy gold by buying gems, then trading for gold.
The point is that paying £8.99 for gems is more expensive irl money wise than buying Chinese gold and trading for gems. There’s auction house prices going down with botters, gold to gem rates hitting the floor from gold buyers. That is my point.
The real issue is that ArnaNet is not allowing the FREE trade of Gems<→Gold. They are capping the market artificially and skimming huge amounts in the transfers.
The external Gold Sellers will sell you four to five times as much gold on the dollar as ArenaNet will via the Dollar→Gems→Gold and Gold→Gems transactions.
Thus, ArenaNet is actually encouraging the usage of external Gold Sellers by controlling the market (they think) to their advantage.