I'm on a mission to gain 10 billion

Alliptica - Raging Tide

lol u would have to scam like crazy to do that

oyamajio

Barbarian - Dreamweaver wrote: »

Nop not me. The first S/S I was going to post had my name in it so I didn't post it. This one I made certain to hide my name in the area that I was going to white-out. The HP bar you see is just a person I clicked on while trying to get to AH person.

Looked at the S/S more carefully and it does show the bottom half of my character name. I removed the S/S.



Originally, I was going to attempt to get a Warsoul weapon. Someone did the calculation in this thread and it came to be to something around 11 Bil with tokens at 15k per. Now I'm thinking just going full Nirvana with +12 weapon.

LOL, I have a feeling you're a BM. I've made a rough calculation. You can't stop right there if you want nirvana set +12 Look here if you're a bm:

http://pwi-forum.perfectworld.com/showthread.php?t=694512

This is where I'm heading to.

ArchAngel - Dreamweaver

Barbarian - Dreamweaver wrote: »

I'm pretty constructive with my time. I afk in game and I do my school work. b:victoryb:victory

I would suppose you need to spend quite some time in game to be able to make so much coins? And are sales that good to make profits amounting to millions per day?

You speak of pre and post event trading. How about during events?

For full set nirvana, you will need uncannys and raptures that can't be bought with coins if there aren't any supply? I mean, it will take you quite a while to get them in other words.

Barbarian - Dreamweaver

oyamajio wrote: »

LOL, I have a feeling you're a BM. I've made a rough calculation. You can't stop right there if you want nirvana set +12 Look here if you're a bm:

http://pwi-forum.perfectworld.com/showthread.php?t=694512

This is where I'm heading to.

Not a BM. With all pieces of EQ at +5 with 3 +10 vit stones in each pieces that are socketable and a +12 weapon, I'm looking at close to 3 bil. I'm going for lunar nirvana set except I'm planning to get all 6 pieces. Warsong belt + cube necklace and event rings.
I decided to stop at 5 Bil so I can have 2 bil left to continue to merchant after everything's said and done and then continuing to improve the refinements as I make more coins. 5 Bil will probably take me couple months after this sale since I'm pretty sure I'm breaking 3 bil mark when sale ends. Who knows? Anyway, I'll check on this thread after sale event ends.

Chezedude - Dreamweaver

ArchAngel - Dreamweaver wrote: »

I would suppose you need to spend quite some time in game to be able to make so much coins? And are sales that good to make profits amounting to millions per day?

You speak of pre and post event trading. How about during events?

For full set nirvana, you will need uncannys and raptures that can't be bought with coins if there aren't any supply? I mean, it will take you quite a while to get them in other words.

S> Raptures 3mil each, pm me

ArchAngel - Dreamweaver

Chezedude - Dreamweaver wrote: »

S> Raptures 3mil each, pm me

lol sure.. need 80 raptures and 250 uncannys for each piece of equipment too.

oyamajio

Chezedude - Dreamweaver wrote: »

S> Raptures 3mil each, pm me

You just got yourself a deal, my friend...in hell b:chuckle

oyamajio

Barbarian - Dreamweaver wrote: »

Not a BM. With all pieces of EQ at +5 with 3 +10 vit stones in each pieces that are socketable and a +12 weapon, I'm looking at close to 3 bil. I'm going for lunar nirvana set except I'm planning to get all 6 pieces. Warsong belt + cube necklace and event rings.
I decided to stop at 5 Bil so I can have 2 bil left to continue to merchant after everything's said and done and then continuing to improve the refinements as I make more coins. 5 Bil will probably take me couple months after this sale since I'm pretty sure I'm breaking 3 bil mark when sale ends. Who knows? Anyway, I'll check on this thread after sale event ends.

Right, you need at least 5 billion coins to prepare for yourself for future catastrophe, lol

Esnemyl - Dreamweaver

how much you got at the minute
if you actually make it, im gonna do suicide on Harpy Wraith b:shocked

Ursa - Dreamweaver

Traz - Dreamweaver wrote: »

10m a day is ~3 years (1,000 days)....like i said with 0 start up and no cash shopping 5-10 years.

you don't have a clue how return of investment works, do you? Each day's profit will give you income the next day, and this spirals forever. You just need the time/patience/knowledge of the market to do it.

All depends on how much you invest and how much money you put in your merchandise.

But whatever, I'm not here to give business administration lessons.

Traz - Dreamweaver

Ursa - Dreamweaver wrote: »

you don't have a clue how return of investment works, do you? Each day's profit will give you income the next day, and this spirals forever. You just need the time/patience/knowledge of the market to do it.

All depends on how much you invest and how much money you put in your merchandise.

But whatever, I'm not here to give business administration lessons.

Rule 1: it takes money to make money.

Nuff said there since "not a single thing" came from him cash shopping (as his first post states). Seeing the evidence he's either lying or a cash shopper.

Knownase - Heavens Tear

Reading this thread, I feel inspired to make 10 billion too.b:victory





lol

Tremblewith - Heavens Tear

Wow, awesome job so far on making coin. Big gratz man. I'm going to start merchandising a bit more soon b:victory

Traz - Dreamweaver

Fixed it for you cheers b:bye

Jennalicious - Sanctuary

Barbarian - Dreamweaver wrote: »

It's tempting but don't open them packs.

Aw, now you tell me. b:cry

Smobo - Heavens Tear

Traz - Dreamweaver wrote: »

Rule 1: it takes money to make money.

Nuff said there since "not a single thing" came from him cash shopping (as his first post states). Seeing the evidence he's either lying or a cash shopper.

So you're saying everyone in the game cashshops, because its imposible to make money any other way?

Also "It takes money to make money" is a saying, not a rule of economics. The more you invest, the greater your return, but you don't need money to make money. An unskilled labourer can get a job and make money off nothing. Hell, he could eventually save up enough to pay for school, be a doctor and make 6 figures a year. He didn't need anything to start though, it was just slower and harder without it.

Everyone can grind and build up cash that way. And anyone with over 2.5k net worth can buy a pick axe and farm. This should build up enough starting capital to do some form of realistic merchanting in only a few hours.

Traz - Dreamweaver

Smobo - Heavens Tear wrote: »

So you're saying everyone in the game cashshops, because its imposible to make money any other way?

Also "It takes money to make money" is a saying, not a rule of economics. The more you invest, the greater your return, but you don't need money to make money. Everyone can grind and build up cash that way. And anyone with over 2.5k net worth can buy a pick axe and farm. This should build up enough starting capital to do some form of realistic merchanting in only a few hours.

No, I'm saying if you want to make 10 billion you need to be a cash shopper.

EDIT: same day he made this thread like 3 posts later he said he had nearly 2 billion (thus "starting" with 2 billion) the latest he's said he has about 2.5bil so he's been playing for 4 years and not spending anything or he bought it to start, because he obviously hasn't made 2 billion that fast. That is all.

truekossy

Traz - Dreamweaver wrote: »

No, I'm saying if you want to make 10 billion you need to be a cash shopper.

EDIT: same day he made this thread like 3 posts later he said he had nearly 2 billion (thus "starting" with 2 billion) the latest he's said he has about 2.5bil so he's been playing for 4 years and not spending anything or he bought it to start, because he obviously hasn't made 2 billion that fast. That is all.

And we're all saying you're wrong... because you are.

In response to your edit, considering that packs had been out and about so often by the time he made this, he may have simply... oh I dunno... started merchanting long before making this thread without any real goal in mind other than basic gears/equips, then later on decided he may as well go for warsoul for the hell of it or something similar?


Edit: In fact, if you looked through the thread, you'd see that that was exactly his original plan.

Kupuntu - Sanctuary

Traz - Dreamweaver wrote: »

No, I'm saying if you want to make 10 billion you need to be a cash shopper.

EDIT: same day he made this thread like 3 posts later he said he had nearly 2 billion (thus "starting" with 2 billion) the latest he's said he has about 2.5bil so he's been playing for 4 years and not spending anything or he bought it to start, because he obviously hasn't made 2 billion that fast. That is all.

He started way back. Like 8 months ago. He said that in one post.

Solandri - Heavens Tear

Smobo - Heavens Tear wrote: »

So you're saying everyone in the game cashshops, because its imposible to make money any other way?

Give it up. He's already made up his mind. The only thing that would convince him he's wrong is if you presented him with a notarized set of audit forms showing that you made that much coin and didn't spend any RL money in the process.

Those of us who've actually put some effort into merchanting know that it's entirely possible, just a matter of scaling up your operations. I've only spent $10 on this game, for a super inventory stone and some dragon orbs (before I knew better). That was before I even knew how to make a cat shop. Until my shop computer started crashing a couple months ago, my cat shop was bringing in 2-3 mil a day on ~20 mil in sales. It's not that hard, you just have to find a good market, a good location, and build up a clientele. In fact, I think that's the most valuable thing I've gotten from this game. Not the entertainment value, but the very real lessons in economics, the market, and running a business which I'm now trying to apply in real life.

I used to write up little guides and tips to help people get started merchanting, but not anymore. It seems one or two of these trolls always shows up and fills up the thread with useless "you're lying" "no I'm not" spam. It's their loss, and a waste of time arguing with them. At the end of the day, you're the one with the money made from your cat shop and they're not.

For anyone still wondering if it can be done, you have nothing to lose by trying (unless you goof and sell stuff for less than it cost you b:chuckle). Success is never guaranteed. But if you don't try, you're guaranteed to fail.

WarrenWolfy - Sanctuary

Traz - Dreamweaver wrote: »

Rule 1: it takes money to make money.

Nuff said there since "not a single thing" came from him cash shopping (as his first post states). Seeing the evidence he's either lying or a cash shopper.

Nah, he's one of my competitors, so I can vouch for him. There's just no way a mere cash-shopper could afford to compete with us free-to-play merchants.b:laugh

As for Rule 1, remember that it's all exponential. If you look at my old posts from a year ago you can see that I was earning 5million over the course of a month or so and thinking that was a lot. But once I started seriously re-investing my coins they started growing exponentially, and once that happens the sky's the limit.

So even though I'm sitting on about 1/2 billion at the moment, I know I'm nowhere near as competent as some others are at the trading game. For example, my cousin went from 0 to ~20million in his first month of playing without ever spending a dime, whereas it took me nearly 6 months to reach that milestone.

Solandri - Heavens Tear wrote: »

Those of us who've actually put some effort into merchanting know that it's entirely possible, just a matter of scaling up your operations. I've only spent $10 on this game, for a super inventory stone and some dragon orbs (before I knew better). That was before I even knew how to make a cat shop. Until my shop computer started crashing a couple months ago, my cat shop was bringing in 2-3 mil a day on ~20 mil in sales. It's not that hard, you just have to find a good market, a good location, and build up a clientele. In fact, I think that's the most valuable thing I've gotten from this game. Not the entertainment value, but the very real lessons in economics, the market, and running a business which I'm now trying to apply in real life.

I couldn't agree more. I spent about $30 on Inventory Stones and other miscellaneous items when I first started, but it soon became clear to me just how effective learning about the economics of the game can be.

It's honestly changed my opinion of real-life economics as well. I mean, sure, I know the basics, and I've taken some 1st year university courses and such, but seeing it all in action really gives you perspective.

For example, until you've actually seen just how eager so many people are to throw away their money in, say, an effort to buy things the instant they go on sale, rather than wait 4 hours for the rush to pass, you don't realize just how irrational so many people can be with their money.

Furthermore, until you come on the forums and see just how completely impossible it is to convince people about what works/doesn't work economically, and how absolutely committed people are to their personal financial beliefs and theories, despite reality being so obviously the exact opposite, you just don't appreciate the clear cause-and-effect way that those other people's beliefs and actions directly deposits money into the accounts of those who are willing to learn and be flexible instead. b:victory

Okeano - Harshlands

Barbs >_>, they are taking over our markets.

Tojop - Dreamweaver

Nah, because for every Solandri and Warrenwolfy there are a dozen like Traz. Business is good b:pleased

Chezedude - Dreamweaver

farm TT with 2x = win. too bad it ended b:cry

Solandri - Heavens Tear

Jennalicious - Sanctuary wrote: »

Barbarian - Dreamweaver wrote: »

It's tempting but don't open them packs.

Aw, now you tell me. b:cry

I keep a handy chart of the packs and the market price at which you could sell all the items you can get from them. This lets me calculate an average return on investment for opening them.

They are a huge money waster. On average, a coral pack will give you about 192k in rewards, the tiger pack about 274k (HT prices). If the anniversary packs came out again today, they'd give you about 262k per pack (the price for the prizes was higher before so many flooded the market, so anniv packs were actually worth it the first few times around). Since gold is about 400k, the minimum cost to get a pack is 365k, meaning on average you're losing 90-170k for each pack you open.

Gambling is an expensive hobby.

ClaudeLemieu - Dreamweaver

WarrenWolfy - Sanctuary wrote: »

For example, until you've actually seen just how eager so many people are to throw away their money in, say, an effort to buy things the instant they go on sale, rather than wait 4 hours for the rush to pass, you don't realize just how irrational so many people can be with their money.

Furthermore, until you come on the forums and see just how completely impossible it is to convince people about what works/doesn't work economically, and how absolutely committed people are to their personal financial beliefs and theories, despite reality being so obviously the exact opposite, you just don't appreciate the clear cause-and-effect way that those other people's beliefs and actions directly deposits money into the accounts of those who are willing to learn and be flexible instead. b:victory

This^^

Here's all you need to know about Traz. He came by one of my catshops and left a message laughing at me for selling Immac citrine for 1mil because you could make them for 750k with tokens. I pmed that you never know what people will pay, and he responded "nope, but I've got a pretty good idea." Well, people ended up paying 950k for those "750k" citrines and I made a few mil. So, if he doesn't believe you can make a few mil off selling token-made items, then he'll never believe you can make a few billion through a commitment to merchandising and gold trading.

Barbarian - Dreamweaver

Traz - Dreamweaver wrote: »

No, I'm saying if you want to make 10 billion you need to be a cash shopper.

EDIT: same day he made this thread like 3 posts later he said he had nearly 2 billion (thus "starting" with 2 billion) the latest he's said he has about 2.5bil so he's been playing for 4 years and not spending anything or he bought it to start, because he obviously hasn't made 2 billion that fast. That is all.

You're right, I didn't start with 2 bil. I started with nothing. I acquired 100 mil through merchanting and TTing back when the server was relatively young with gold nearing 100k per. Then I stopped doing TTs since merchanting requires no actual work from me aside from occasionally looking at gold market and restocking supplies.

As for your rule, Warren already stated that you didn't think in term of exponents. I don't have a fixed amount of working capital to invest, it is continuously increasing, which means I gain more profits as I accumulate more working capital day by day.

Besides, I'm a college student, I can't afford to charge my card for a game. Works great for me since I can do my Accounting work near my computer and look at the gold market from time to time. b:kiss

Also, for anyone who's actually wanting to merchant, just browse through some of Warren's posts. We don't do everything the same but we do most things similarly.

VlLKASS - Sanctuary

For example, until you've actually seen just how eager so many people are to throw away their money in, say, an effort to buy things the instant they go on sale, rather than wait 4 hours for the rush to pass, you don't realize just how irrational so many people can be with their money.

b:sad That's me b:cry But I can't help myself.

b:surrender I realize how it works but then you need to spend a lot of time on your catshop instead of playing. b:surrender I like the playing part & would prefer to leave economics to others QQ so I guess I'll remain poor

Maybe I should go into clothing business... I think I spend more money on fashion than my gear ._.


I also got a prob that just as I earn enough money for an item I wanted I immediately get it, instead of reinvesting into items ._. So end up broke for a while

Solandri - Heavens Tear

VlLKASS - Sanctuary wrote: »

b:surrender I realize how it works but then you need to spend a lot of time on your catshop instead of playing. b:surrender I like the playing part & would prefer to leave economics to others QQ so I guess I'll remain poor
...
I also got a prob that just as I earn enough money for an item I wanted I immediately get it, instead of reinvesting into items ._. So end up broke for a while

You don't have to cat shop. I posted Rule #1 back on page 4: Never spend all your money.

I have enough coin that I don't really need any more. So when I see a good deal on AH or a cat shop, I first tell my faction about it. "Hey there's [item which normally sells for 3 million] for sale for [2 million]."

I'm almost always met by a chorus of "Waaa, I don't have that much." So I end up buying it.

At the very minimum, you want enough coin socked away to take advantage of really good deals you may happen to find, or even sales in the cash shop. I've seen a half dozen best luck tokens for 4.8 mil this past week. That's an easy 200k for 30 seconds of your time if you have 9.8 mil in cash on hand. But if you spend all your money and don't have 10 mil available, well, you're stuck grinding for 45 minutes to make 200k.

_Bloody_Fox_ - Sanctuary

You guys really think he doesn't cash shop at all? tsk tsk