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Gems for Money?

Money Gems Dollars Pounds Euros Conversion Refund

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#1 tibbles777

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Posted 01 August 2012 - 06:57 PM

Does anyone reckon that in time ArenaNet will make it so as that you can re-sell your Gems for real world money to other players once there are enough of them floating around in the economy, ArenaNet get a cut? Considering that they manage the economy of the Trading Post anyway... Please don't bash me for this post, it was just a thought I had. :)

#2 Nuisance

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Posted 01 August 2012 - 07:02 PM

It seems like you've misunderstood how it works.

You can't sell gems for real world money, you can BUY gems for real world money from ArenaNet, and you can trade gems for gold AND gold for gems in an in-game interface, the price depends on supply and demand.

#3 Flavvor

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Posted 01 August 2012 - 07:02 PM

Nope they would loose money and companies don't like loosing money.
Also that would be a Gold Sellers paradise.

#4 TenderFoot

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Posted 01 August 2012 - 07:03 PM

No chance at all, the current system is the result of problems of people selling ingame things for real world money.

#5 tibbles777

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Posted 01 August 2012 - 07:08 PM

View PostNuisance, on 01 August 2012 - 07:02 PM, said:

It seems like you've misunderstood how it works.

You can't sell gems for real world money, you can BUY gems for real world money from ArenaNet, and you can trade gems for gold AND gold for gems in an in-game interface, the price depends on supply and demand.

You misunderstood my post, I know how the system currently works. I was merely discussing a system that could be put in place in the future. Also, I don't see Gold Selling being a problem as long as ArenaNet are the ones managing it officially. Probably won't happen, nor is it really a good idea, just wanted to see what people thought! :P

#6 Miteshu

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Posted 01 August 2012 - 07:26 PM

It isn't that gold sellers will be a problem. But gold farmers.

Gold farmers exist to sell gold for real world money. Thus, they actively decrease the value of gold. Gold farmers will increase the value of gems because they need to buy gems for money. Therefore, the average joe won't be able to afford gems.

If you want something like that, I suggest playing Diablo 3.

Edited by Miteshu, 01 August 2012 - 07:26 PM.


#7 Bilateralrope

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Posted 01 August 2012 - 09:23 PM

View Posttibbles777, on 01 August 2012 - 07:08 PM, said:

You misunderstood my post, I know how the system currently works. I was merely discussing a system that could be put in place in the future. Also, I don't see Gold Selling being a problem as long as ArenaNet are the ones managing it officially. Probably won't happen, nor is it really a good idea, just wanted to see what people thought! :P

Gold selling is a problem because it encourages gold farmers. Who do things like:
- Hijack accounts to empty them of all their valuables.
- Take over areas of the game for their farming operations. Not really a problem for GW2
- Forced prison labour.

They also spam the chat with "buy our gold" messages, though that should be lessened if ANET controls the trade.

Also, wikipedia has an interesting reason why CCP doesn't let players sell the currency in Eve Online for cash:

Quote

The reverse, turning in-game currency or items into real-world money, is prohibited.[31] A reason for this, related by a CCP representative at Fanfest 2010, is that free interchange of currency causes in-game banking to fall under the same regulatory domain as real-world banking. CCP would rather not place this restriction on in-game behavior, due both to the difficulty of regulatory enforcement, and the desire to allow players to create illegitimate in-game banks or Ponzi schemes if they wish to do so.
Now CCP is based in Iceland, and I don't know how ANET is going to treat scammers in GW2, so that reason might not apply to GW2.

#8 wtfpeople

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Posted 02 August 2012 - 10:15 AM

If they were going to do this they started off very wrong. If you plan on doing an exchange out to real life cash you have to begin with that in mind as part of the business model. It is a lot more complicated to send money back to users than it is to collect money from them for many reasons.

Chance of this happening is practically nothing.
Going pink Asuras, or going home. (Even the male ones)

#9 agm

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Posted 02 August 2012 - 01:51 PM

Nahh, I don't think this would work in GW2.

I really liked it in D3 though. Played for a week and made over 250€ when I quit and sold my stuff.  :P





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