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World of Warcraft Gold Market Soaring

Gamespot has an article discussing the realities of Virtual World economics as they pertain to the real world. World of Warcraft is used as an example throughout, and they quote some staggering statistics that remove any last shred of hope that Blizzard's bluster may be having an effect on the gold market. From the article: "Sukow discovered that the top seller of WOW gold made more than $23,000 in April, just on WOW gold. And that wasn't even a good month--in January and February the number-one seller took home more than $44,000 each month."

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  1. Re:Why does everyone think this needs solved? by Gerad · · Score: 4, Interesting

    There actually are a number of problems generated by the buying and selling of in-game characters, items, and gold. (I'm not writing on any one specific game here, although my experiences are weighted towards EverQuest and WoW).

    One problem is that the associated "value" of items often leads to anti-social behavior and the breakdown of in-game ettiquete. For example, if a powerful magic staff drops in a group, a warrior might roll on it (distribution of item drops are handled by random number "rolls"), despite the fact that the staff might be much better used by a wizard type character. This can lead to the breakdown of friendships and general ettiquete in the game.

    "Okay", you might say, "so you need to find new friends and people you can trust". That may be the case, but sometimes the desire to earn these items leads people towards disruptive anti-social behavior that effects people even outside their group. For example, in EverQuest, known eBay farmers would frequently attract the attention of huge packs of monsters, far beyond the ability of any group to deal with, run up to a competing group, and use the "feign death" ability. This would cause all the monsters to lose their focus on the eBay farmer and instead turn towards the nearest target: you.

    "Okay", you might say, "but World of Warcraft staff will ban disruptive player slike that, plus it mitigates this problem by creating instanced areas for groups to fight in, avoiding disruption by outside players." While this is true, it takes a fair amount of time for an eBay farmer to get caught, and they will not always be. Often, Customer Service staff must actually witness such an event happening, and it can take hours for them to respond.

    While instanced content really alleviates this problem a lot, you still have the problem of pickup groups. To some extent, almost everyone is forced to group with strangers at one point or another. Grouping with a stranger who has relied on items they would never be able to naturally obtain, or who purchased a character can often result in hours of frustration as you deal with warriors who don't know how to hold the monster's attention, priests who don't heal, and wizards who are inept at dealing damage. It's just not a fun situation overall.

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