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GW2Hub, Massively and KTR Round Table: Gold Buying


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#1 Lewis B

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Posted 15 January 2013 - 08:02 PM

We three websites got together this week to talk about the problem of Gold Buying in Guild Wars 2.

Enjoy!

#2 draxynnic

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Posted 16 January 2013 - 03:57 AM

On one of the points that came up:

As much as it trends into 'pay to win', once you've got an official method for converting real money to in-game money and back, if you want to get rid of the third party gold sellers you really need to start linking things to the gem side of the market wherever it's even vaguely appropriate.

The problem is that the gold sellers are always going to be able to undersell the official market. The gold value of gems is set by the willingness of actual players to fork out hard-earned virtual currency for the benefits granted by gems (or possibly the long-term investment, since the gem price is probably going to go up rather than down over the game's life). The value of gold in the eyes of an actual player is always going to be higher than it is in the eyes of a gold selling operation for whom the only value of the currency is how many real-life dollars they can squeeze out of it.

Putting a vanity item in the gem shop - as something you can buy outright, not a RNG - essentially fixes the price of that item. Rich players who achieved their in-game wealth by legitimate means can then convert their wealth to gems to buy the item, while players that are lucky enough to get a tradeable example of such an item (such as the unbreakable bell) can look at the gem price and the conversion rate to get an idea of what range of gold prices the market is likely to bear.
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