Gold useless, more ways to spend it?

Gold useless, more ways to spend it?

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Posted by: Sky.7610

Sky.7610

So… After having accumulated quite a bit of gold playing the TP, what am I suppose to spend them on? I pretty much have everything I wanted…

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Posted by: PsionicDingo.2065

PsionicDingo.2065

Charity? /batseyes

My psychic knife. The focused totality of my psychic powers.

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Posted by: Xter.6271

Xter.6271

Send some to me (: It’d help with my legendary lol. All I need is lodestones and clovers/gifts of might and magic…

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Posted by: Wolfheart.1938

Wolfheart.1938

well you can send 500g my way kthanks

“We have no first-person view because stupid people would lock into it”
“You can’t have more than 10 HS decks because that would confuse people”
“30 fps is more cinematic”

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Posted by: Izzy Katsu.6024

Izzy Katsu.6024

Pshaw. 8,000+ gold? Chump change.

P.s. I gladly accept charity.

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Posted by: Faereilos.5106

Faereilos.5106

You could buy me Sunrise.

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Posted by: Behellagh.1468

Behellagh.1468

See how badly you can spike the exchange market with a single 8000g purchase?

Put on a Santa Suit and hand out money to new characters as they first appear in the world (can you mail to anyone or do they first need to be friended?).

Try to fix single-handedly the T5 material pricing problem by buying up all of that +1c mat and sell them to a vendor. 8,000 gold is 10 million silk scraps. Market has only 2-3 million currently. At the end of the day (or week, that’s a lot of scrap) you will only be out 1,000 gold.

We are heroes. This is what we do!

RIP City of Heroes

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Posted by: Chase.8415

Chase.8415

It’s nothing impressive to be rich in this game, there’s so many flaws in the market. It’s also really easy to invest.

If you like to play markets in a virtual world, then I would suggest Investopedia stock simulator game that is available for free. At least you’ll feel like you accomplished something.

http://www.investopedia.com/simulator/

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Posted by: laokoko.7403

laokoko.7403

You havn’t even reach 10k gold yet. After that try to make 100k. Keep going.

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Posted by: Firegoth.6427

Firegoth.6427

Now that you’ve got nothing to do with it, try posting on the forums to brag.

Oh wait…

Play another game, since gw2 isn’t for you.
Borderlands 2 or a real RPG that you actually have to play it in order to progress might be a start.

<———- Spent nearly twice that amount.

1+1 = potato

(edited by Firegoth.6427)

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Posted by: Sky.7610

Sky.7610

Hmm… I guess I can see where some of the hate is coming from…

I’m not actually bragging or anything of malicious intent, sorry if it came off like that.

I Just want some idea to spent some of my gold…

@Firegoth.6427 I don’t spend nearly as much time in the TP as you think I do…
@laokoko.7403 Well, if we take assets, buy orders, and pickup items into account, I’m probably way over 10k :P

(edited by Sky.7610)

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Posted by: Chase.8415

Chase.8415

Hmm… I guess I can see where some of the hate is coming from…

I’m not actually bragging or anything of malicious intent, sorry if it came off like that.

I Just want some idea to spent some of my gold…

Investing.

It’s simple.

You take a large sum of gold and buy something.

The markets prices raise up.

You sell the product

You have just made more gold.

There’s no such thing as “Nothing to do” with money.

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Posted by: Yramrag.3026

Yramrag.3026

There’s no such thing as “Nothing to do” with money.

But … it would make a perfect excuse to brag about it in forum, no?

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Posted by: Firegoth.6427

Firegoth.6427

@Firegoth.6427 I don’t spend nearly as much time in the TP as you think I do…

I could care less about what you do with your free time.
But you did come off as a bragger making this topic.

Take a break and come back when a new serious gold sink comes in, since besides legendaries you’re out of options. (a few gifts of mastery might burn you out pretty fast though)

1+1 = potato

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Posted by: Sky.7610

Sky.7610

Hmm… I guess I can see where some of the hate is coming from…

I’m not actually bragging or anything of malicious intent, sorry if it came off like that.

I Just want some idea to spent some of my gold…

Investing.

It’s simple.

You take a large sum of gold and buy something.

The markets prices raise up.

You sell the product

You have just made more gold.

There’s no such thing as “Nothing to do” with money.

That makes sense on paper but doesn’t work well in practice…

If ur buying up supply with the intent to sell, then these supply will eventually be reintroduce to the market. Eventually, the artificial price will be plummet as people undercut and supply is reintroduced faster than demand. This is often the case unless you feed the market very slowly, in which case, it would not be efficient at all(unless it is something like precursor, which carries its own risks).

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Posted by: Chase.8415

Chase.8415

There’s no such thing as “Nothing to do” with money.

But … it would make a perfect excuse to brag about it in forum, no?

Precisely.

That is why I referred the stock simulator game, it’s as close to the real world you can get without actually spending money.

The gold in this game is truly valueless, which is why its really easy to make tons of gold.

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Posted by: Chase.8415

Chase.8415

Hmm… I guess I can see where some of the hate is coming from…

I’m not actually bragging or anything of malicious intent, sorry if it came off like that.

I Just want some idea to spent some of my gold…

Investing.

It’s simple.

You take a large sum of gold and buy something.

The markets prices raise up.

You sell the product

You have just made more gold.

There’s no such thing as “Nothing to do” with money.

That makes sense on paper but doesn’t work well in practice…

If ur buying up supply with the intent to sell, then these supply will eventually be reintroduce to the market. Eventually, the artificial price will be plummet as people undercut and supply is reintroduced faster than demand. This is often the case unless you feed the market very slowly, in which case, it would not be efficient at all(unless it is something like precursor, which carries its own risks).

No, you buy something and hold onto until the market rises. A perfect example is when the ectoplasm in the game was 25s, if you invested in hundreds of exctoplasm you would have made a fortune selling them for 40s in the future.

Also, Guild Wars classic had the same result. there was a time where a new farming method game out and dropped ectoplasm to 5.5 platinum. I invested in a ton of ectoplasm and ended up selling hundreds of ectoplasm for 7 platinum.

The way to make money is virtually the same in every game. You need money to make money, and the biggest profits are made by holding something until the price rises and you sell it.

Contrary to popular belief, you very rarely make money in games by “short selling” the products. (Buying the product and selling it higher within the same day, hoping to control the market.)

(edited by Chase.8415)

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Posted by: Sky.7610

Sky.7610

There’s no such thing as “Nothing to do” with money.

But … it would make a perfect excuse to brag about it in forum, no?

Precisely.

That is why I referred the stock simulator game, it’s as close to the real world you can get without actually spending money.

The gold in this game is truly valueless, which is why its really easy to make tons of gold.

Actually no, its not valueless. Well… practically and not legally. If it were truly “valueless” u would have no problem sending me all ur gold?

I play games for fun, not some market simulator… =.=

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Posted by: Sky.7610

Sky.7610

Hmm… I guess I can see where some of the hate is coming from…

I’m not actually bragging or anything of malicious intent, sorry if it came off like that.

I Just want some idea to spent some of my gold…

Investing.

It’s simple.

You take a large sum of gold and buy something.

The markets prices raise up.

You sell the product

You have just made more gold.

There’s no such thing as “Nothing to do” with money.

That makes sense on paper but doesn’t work well in practice…

If ur buying up supply with the intent to sell, then these supply will eventually be reintroduce to the market. Eventually, the artificial price will be plummet as people undercut and supply is reintroduced faster than demand. This is often the case unless you feed the market very slowly, in which case, it would not be efficient at all(unless it is something like precursor, which carries its own risks).

No, you buy something and hold onto until the market rises. A perfect example is when the ectoplasm in the game was 25s, if you invested in hundreds of exctoplasm you would have made a fortune selling them for 40s in the future.

Also, Guild Wars classic had the same result. there was a time where a new farming method game out and dropped ectoplasm to 5.5 platinum. I invested in a ton of ectoplasm and ended up selling hundreds of ectoplasm for 7 platinum.

The way to make money is virtually the same in every game. You need money to make money, and the biggest profits are made by holding something until the price rises and you sell it.

Contrary to popular belief, you very rarely make money in games by “short selling” the products. (Buying the product and selling it higher within the same day, hoping to control the market.)

Time is money.

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Posted by: Essence Snow.3194

Essence Snow.3194

There are many people with surplus such as this…issue I have with it is b/c it has effect on items when they out number the supply of certain items……ie players like this can and do afford certain items thus the items have the ability to be priced out of the reasonable range of most players that do not partake in …well playing the tp. This is why I believe they should put a cap on potential tp earnings…much like they have put a cap on item farming via dr. Atm we have a cap on the lesser and no cap on the greater. It really is counter intuitive and makes me question some of the common sense going into or lacking within.

Serenity now~Insanity later

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Posted by: Behellagh.1468

Behellagh.1468

Like real life once you reach a certain threshold of wealth it suddenly becomes easier to make more. It’s tough to flip homes or own rental property from scratch if you only have $100 to your name when it’s a lot easier if you start with $100,000. Every success brings in more money that will allow you to flip the next home or buy another duplex which brings in more money, etc. Soon you are a tiny Donald Trump, making your money in real estate.

We are heroes. This is what we do!

RIP City of Heroes

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Posted by: Master Yi.6129

Master Yi.6129

Start a charity. No really.
You can start by donating 500g to me.

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Posted by: PlagueParade.7942

PlagueParade.7942

Well, you could always try making your own events, racing, jps, hide and seek, etc with gold prizes or named weps/armor and such.

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Posted by: Geotherma.2395

Geotherma.2395

I usually make it a point to buy stuff for events every week, about 50g. I don’t stock up my wealth like that though, so I find random things to spend it on. But events are always fun for everyone.

Intel i7 3.9ghz processor 16GB Ram 2TB HDD
Nvidia GTX 650 Win 7 64bit FFXI 4+yrs/Aion 4+ years Complete Noob~ Veteran OIF/OEF
http://everyonesgrudge.enjin.com/home MY GW2 Music http://tinyurl.com/cm4o6tu

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Posted by: SonicTHI.3217

SonicTHI.3217

When you have everything you wanted there s only 3 things you can do with excess money:
a) make more money with it
b) give it away
c) sit (or swim) on/in it

You r obviously tired of doing a and it looks like you r not doing b so i guess you should go on the suggestion forum and suggest they make you a tower so you can swim in all your gold.

If you by any chance loose your sanity (before or after the swimming) and do b i ll be glad to take some of that gold of your hands.

“Otherwise, your MMO becomes all about grinding to get the best gear. We don’t make grindy games.”
-Mike O’Brien, President of Arenanet

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Posted by: Behellagh.1468

Behellagh.1468

Maybe if they ever introduce player housing you could have a nice villa in the country.

We are heroes. This is what we do!

RIP City of Heroes

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Posted by: Lévis.5489

Lévis.5489

ITT . Thinly veiled bragging thread with no substance.

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Posted by: WhiteRose.6934

WhiteRose.6934

100g my way would be much appreciated, I have alts to gear

Edit: But seriously, congrats on that much gold. I’m sitting on about 1g total, since I’m gearing characters.

Genesis Theory [GT] – Henge of Denravi

(edited by WhiteRose.6934)

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Posted by: Giznat.2718

Giznat.2718

Oh my, and I thought I was doing well with my 30ish gold on my way to getting Tier 3 Cultural; gah! I gotta figure out how to make gold a lot easier in GW2 =( lol

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Posted by: Yramrag.3026

Yramrag.3026

ITT . Thinly veiled bragging thread with no substance.

Thinly veiled? You are too polite, sir! The original post even comes with a screenshot. So …

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Posted by: goldenwing.8473

goldenwing.8473

Buy everything the gem store has to offer.

Convert to gems to purchase more slots for alts, use gold to craft to 80 and outfit them all in one sitting. See how many you can get to 80 and outfit in a 24 hour period.

Buy every single model of weapon on the TP for your alts. (Hmmm. Maybe not. Cash flow problem there.)

Give it all away and start over. (No, I do not need anyone’s money, thank you. My 40 alts and I are ok.)

Admit you “beat the game” and leave.

Oh, you were actually looking for serious feedback? (One of the suggestions above was legit.)

BG: 52 alts, 29 lvl 80’s. They all look good, so I am done with the game: Oct 2014

(edited by goldenwing.8473)

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Posted by: Maelwro.7562

Maelwro.7562

Make money with interest =) E.g., buy me a precursor, and i’ll pay you back over 3 months with interest!

Win win for both of us =)

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Posted by: bewhatever.2390

bewhatever.2390

Go get a real life job at one of the Wall Street firms which “takes” (not earns) a cut of the economy in ways normal people can’t see.

Realize that past the point where your marginal propensity to consume is zero, money is, and is only, a way to keep score.

And maybe, just maybe, act the way Andrew Carnegie did in the waning days of his life and become someone who gives back to the community, not just a predator who manipulates markets and prices for personal gain.

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Posted by: feuna.1749

feuna.1749

Congrats on the gold, a massive feat nevertheless. I do agree that there isn’t much stuff to buy in GW2 but you got to earn the other things.

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Posted by: Blood Red Arachnid.2493

Blood Red Arachnid.2493

As someone who is struggling to buy exotic sets for each of my toons, I find gold to be extremely useful. Unless I go into uber purchase mode and spend all my time investing, I don’t see any way that I will come even close to that amount of gold.

If you were to start a charity, all I’d ask for is 50 gold. That should be more than enough to outfit my remaining toons.

I don’t have opinions. I only have facts I can’t adequately prove.

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Posted by: Creeper.9360

Creeper.9360

Congrats on all of the gold. If you are struggling for ways of using it, you could always just give it away, preferably to me.

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Posted by: goldenwing.8473

goldenwing.8473

But once you’ve realized your marginal propensity to consume is zero, then my suggestion is the obvious choice.

BG: 52 alts, 29 lvl 80’s. They all look good, so I am done with the game: Oct 2014

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Posted by: Latorn.4209

Latorn.4209

You should post a thread in the forums asking what to do with it, and then give some of it away to the posters who provide the best ideas. You can start with me, that was my idea

Haha, but really, why not try and put together a community event and use the money for prizes?

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Posted by: laokoko.7403

laokoko.7403

Hmm… I guess I can see where some of the hate is coming from…

I’m not actually bragging or anything of malicious intent, sorry if it came off like that.

I Just want some idea to spent some of my gold…

@Firegoth.6427 I don’t spend nearly as much time in the TP as you think I do…
@laokoko.7403 Well, if we take assets, buy orders, and pickup items into account, I’m probably way over 10k :P

You got enough money for 4 skins. I’m pretty sure there are use for money, buy legendary, buy personal license for your main and every alt, buy commander tag. Level up a bunch of alt, buy tier3 armor. The question is if it is worth for you.

Only reason you need that much money is for skins, fluffy item, convenient item, or trying to be warren buffett of the GW2 world.

Quite honestly I think you fit in the 4th category. Try to make money for the sack of making money.

I’m actually in the same boat as you. Just that I have alot less gold. I give up on legendary and farmed money to buy some personal license. Now I just farm gold, just for farming gold.

(edited by laokoko.7403)

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Posted by: Yramrag.3026

Yramrag.3026

Haha, but really, why not try and put together a community event and use the money for prizes?

Because … asking what to do with his money was not the real purpose of the original post. I thought it was obvious.

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Posted by: Kaizer.7135

Kaizer.7135

Get better at the game and not the TP?

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Posted by: Isaac.6041

Isaac.6041

You could donate 100 gold to a couple people and create a commander army.

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Posted by: Helterskelter.8490

Helterskelter.8490

This is kinda irrelevant to your question but kitten you should start a private website with monthly subscription and share your secrets. Why use gold, when you can just make real cash instead?

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Posted by: Third Eye.6718

Third Eye.6718

Ask yourself – Why did you WANT to accumulate so much gold in the first place? There is your answer…

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Posted by: Valento.9852

Valento.9852

Kitten unbelievable topic this is, why’d someone accumulate so much gold? Then ANet should not cater for that extent of hardcore’ing, I agree with the guy above.

Attempts at ele specs:
Shaman
Conjurer

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Posted by: Sampo.9678

Sampo.9678

First few things that came in mind were:
The emperor title.
Collect all minipets
All legendaries or any other special weapon skin for that matter.

“Be brave, little rabbit. Take a chance.”

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Posted by: Mastermavrick.2439

Mastermavrick.2439

You could always buy&make stacks of superior siege for Commanders you know/like. Buy all upgrades for camps/towers/keeps all the time as you wonder by.

/jelly i would be happy to even have a a 1/100th of that to spend without worry for Legendary mats.

The Revenant Apostle [Rvnt]→ DragonBand
Kaiji Ruko – 80 Ranger, Revanat Shadowdeath – 80 Necromancer

(edited by Mastermavrick.2439)

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Posted by: cocolu.7640

cocolu.7640

After this patch, you could also open an arena and name it Sky Arena. Free for everyone to participate.

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Posted by: FrouFrou.4958

FrouFrou.4958

Perhaps you don’t have to worry about the gold so much as the next topic you prolly end up making will be “omg halp gmz pls I got hackinated!!1!”.

Froudactyl // Herp Derp Druid // Judge Legends [JDGE] // Seafarer’s Rest

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Posted by: Phoenixfudge.5290

Phoenixfudge.5290

That’s a lot of gold I could use. You mind answering how long it took you to make all this?