Gold useless, more ways to spend it?
Charity? /batseyes
Send some to me (: It’d help with my legendary lol. All I need is lodestones and clovers/gifts of might and magic…
well you can send 500g my way kthanks
“You can’t have more than 10 HS decks because that would confuse people”
“30 fps is more cinematic”
Pshaw. 8,000+ gold? Chump change.
P.s. I gladly accept charity.
You could buy me Sunrise.
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.
RIP City of Heroes
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.
You havn’t even reach 10k gold yet. After that try to make 100k. Keep going.
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.
(edited by Firegoth.6427)
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)
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.
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?
@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)
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).
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.
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)
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… =.=
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.
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.
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.
RIP City of Heroes
Start a charity. No really.
You can start by donating 500g to me.
Well, you could always try making your own events, racing, jps, hide and seek, etc with gold prizes or named weps/armor and such.
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.
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
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.
-Mike O’Brien, President of Arenanet
Maybe if they ever introduce player housing you could have a nice villa in the country.
RIP City of Heroes
ITT . Thinly veiled bragging thread with no substance.
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.
(edited by WhiteRose.6934)
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
ITT . Thinly veiled bragging thread with no substance.
Thinly veiled? You are too polite, sir! The original post even comes with a screenshot. So …
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.)
(edited by goldenwing.8473)
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 =)
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.
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.
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.
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.
But once you’ve realized your marginal propensity to consume is zero, then my suggestion is the obvious choice.
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?
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)
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.
Get better at the game and not the TP?
You could donate 100 gold to a couple people and create a commander army.
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?
Ask yourself – Why did you WANT to accumulate so much gold in the first place? There is your answer…
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.
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.
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.
Kaiji Ruko – 80 Ranger, Revanat Shadowdeath – 80 Necromancer
(edited by Mastermavrick.2439)
After this patch, you could also open an arena and name it Sky Arena. Free for everyone to participate.
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!”.
That’s a lot of gold I could use. You mind answering how long it took you to make all this?