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IGE made it on CNNFollow

#1 Nov 12 2005 at 8:09 PM Rating: Good
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1,072 posts
"IGE, a leading broker of game property, said it has handled deals worth more than $100,000, but would not provide details because of client confidentiality."

http://www.cnn.com/2005/TECH/biztech/11/10/virtual.real.estate.ap/index.html

Now how scary is that? You think FFXI has RMT issues? Lol. This guy expects to make $20,000 a month in real money through tax collection on dinosaur skins in game.

All of a sudden players like coolsnow don't seem like such a big deal now lol.



#2 Nov 12 2005 at 8:43 PM Rating: Decent
shizzzzzzzls
#3 Nov 13 2005 at 2:48 AM Rating: Excellent
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498 posts
That was me, I really needed to get goldsmithing from level 1-3, so I won the lottery and bought all the gilz they had. Still only got goldsmithing to level 2. -.-
#4 Nov 14 2005 at 10:13 AM Rating: Decent
wow, what loser spent 100k on a game? dude needs a life! LOL
#5 Nov 14 2005 at 10:45 AM Rating: Decent
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6,631 posts
The real worth of a virtual item really depends on the person. I think it is really up to the individual if that worth it or not. I myself does not believe such things worth that much, but may not be true to another.

My opinion is that -- I can use a new car, I can see homeless people in the streets, heh I can even use money to spend to date a lady (more that I am not willing to spend my time finding one not spending the money -.- but anyway) or even go to a strip club if Leetfade insists o.O

What money really worth really depends on the person. I may disagree with that person's action, but that person has the right to do that.

One thing, however... specifically for FFXI, that RMT for gil and characters are against TOS. If you buy or sell your character, or buy/sell gil, you are "officially" breaking the rules if caught. My take in virtual character and item trade is that, my hard work in the game is mine, and I treasure Amanada is something I do for fun -- just like my chess games or my Magic the Gathering deck. It is not for sale, nor I will take the easy way out to get things done.
____________________________
Amanada (Cerberus-Retired) (aka MaiNoKen/Steven)
-- Thank you for the fun times in Vana'diel

Art for the sake of art itself is an idle sentence.
Art for the sake of truth, for the sake of what is
beautiful and good — that is the creed I seek.
- George Sand

A designer knows he has achieved perfection,
not when there is nothing left to add,
but when there is nothing left to take away.
- Antoine de Saint-Exupéry
#6 Nov 14 2005 at 12:49 PM Rating: Decent
Quote:
or even go to a strip club if Leetfade insists o.O


Oh hellz... you two gotta come to Vegas... Never been to a strip club, but think it'd be fun to go along and get plastered with you two...
#7 Nov 14 2005 at 1:25 PM Rating: Decent
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160 posts
Looks as if you beat the security room amanada congratulations!!! And Krem- How far away from greenvalley are yah?
and for the post: $100,000.00 damn that person has a issue with understanding how to make your dollar work for you.

Edited, Mon Nov 14 14:32:21 2005 by pebblebammer
#8 Nov 14 2005 at 4:18 PM Rating: Decent
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1,945 posts
In the end, when the game has shut down and all our characters are nothing, what will he think of all that wasted money then? Frankly, there is so much more I would do with that kind of money.
#9 Nov 14 2005 at 4:49 PM Rating: Decent
I reside in the least ghetto apt complex near the Rio, Palms and/or Gold Coast Casino's. X-streets are Valley View & Twain... so a lil ways from Ghetto Valley (errr Green Valley if you actually live in the nice part of it).

As for the $100,000 thing... ouch, that's a lotaru money. I could think of many better uses for that IRL than ingame. Sure, a Kraken club and all the uber leet gear you could ever dream of might be nice, but a $10,000 car modified with $60,000-$80,000 in mods would be much more enjoyable... hell, in vegas I might be able to get a g/f for a week with that $100,000... /em rolls eyes at the gold-diggin beetches.

As for spending IRL money for gil in general... as said by the last poster, once it's all over and done... you no longer have what you invested that money for. However, on the flip side.. despite the support this sounds like I'm giving gil sellers, gotta look at the time invested into the game. Same deal.. in the end, you'll have nothing to show for all the saturday PT grinding... but if you would go out and do yard work, fix up the house, paint the back wall, mow the lawn, fix the car, whatever... you'd have more to show IRL than you would from grinding in PT's and ingame all weekend long. So in aspect, yes, spending real money for fake money that you will not have anything to show for later is rediculous, but isn't working soo hard and devoting so much time to bettering your character rather than bettering yourself IRL just as bad? The way I see it, to make a mil gil, I would have to farm, craft and break my back (or sell gear I had gathering dust... which I'm almost out of now) just to get that gil within a week. However, IGN is offering me the same gil for the same amount of money I earn in less than 2 hrs at work.

This is where this thread begins to sound like favortism to gil sellers... but truth betold, I can spend hours and days in FFXI to save some IRL money... but the IRL time cost is far more detrimental than spending the IRL money which comes faster and easier. This is something that's always weighed on my mind. However, the flip side is this logic only supports gil sellers and encourages them to keep doing what they're doing and in turn that will either gouge prices for the sellers, or gouge prices from other's just trying to get by on the market/economy the sellers' have begin to ruin and corrupt. Almost as if the sellers' are making it so one MUST buy gil online to get anywhere in game. At least this is the way I feel at the moment, but that's mostly cause I lost 3 damascene cloths on one Vermy cloak synth and I've been wrestling and debating for the last two weeks on just buying that gil to compensate for my losses. Only reason I have yet to do so is I do not see how that would benefit anyone in a positive manner... so I'm still grindin it out.
#10 Nov 14 2005 at 10:04 PM Rating: Decent
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1,477 posts
$100,000 = 8,695,841,213 gil based on the prices on IGE's site right now. That's 87 characters with maxed (99,999,999) gil. On Bismarck, it's 347 Kraken Clubs. If you want to put into X number of 100+3 Goldsmiths or Y number of completed relic weapons, that's fine too.

I don't really think you can put enough labels on it to really illustrate what a pointless waste $100K boils down to in virtual currency. I don't care if you converted $100K to gold/gil/whatever and then converted it back into $120K a month later. It's still something that makes you stare grimly at yourself in the mirror for an hour everyday.
#11 Nov 14 2005 at 11:09 PM Rating: Decent
I unno... then again maybe if he/she/they have $100,000 to just throw around on games... perhaps they already have the nice house on the hill with the 5 cars in the garage and more toys than one knows what to do with. My question is... what is someone like that doing messing with MMO's?
#12 Nov 15 2005 at 4:20 AM Rating: Decent
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3,215 posts
He bought an space station in a game.
A game where 10 Ingame Dollars is one real Dollar.
And if you even read the webpage it said what he would turn the station into a theme park thing. And if you have thousands of players paying admission to the station to kill dinos or listen to music. Well, you'll get your money back with a little more too that.

A few years ago there was another guy in PE that bought an island for 37k usd, he has already made a profit from it.


Edited, Tue Nov 15 04:38:13 2005 by sabotendar
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