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the cost of 1000G from china is $59US

 
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Exzavier
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Joined: 29 Mar 2005
Posts: 3329
Location: Richmond, VA

PostPosted: Thu Jun 23, 2005 5:24 am    Post subject: the cost of 1000G from china is $59US Reply with quote

here is something I found on broadbandreports actually.



We are open 24/7.Please wait and our sale rep will respond to you asap.
You are not currently in a chat session.
You are now chatting with 'Operator'
Operator: Hi, How may i assist you ? ^^
you: can i transfer gold?
Operator: from which to which server?
you: on this site...
you: Magtheridon to bleeding hollow
Operator: alliance or horde ?
you: i prolly shouldnt have to ask this but could i get banned for doin this lol?
you: Horde to alliance
you: O.o
Operator: sry we are low on bleeding hollow right now
you: (\/)
you: (00)
you: (^^)
you: its a rabbit =)
Operator: kk
Operator: sry. we dont have the stock u need
you: its only like 45 gold
you: PLZ =)))))
Operator: sry sir
you: does that mean that i cant buy 1000 gold?
Operator: it will take us approx 6 hrs to fill your order
you: so you can sell 1000 gold but not transfer 45?
you: ironic
Operator: we need to preorder the gold
Operator: that is why we need 6 hr to fill order
you: where do you "preorder" gold from?
Operator: from our seller/suppliers
you: so your just buying from other sites?
you: you mean the slaves in China?
Operator: unless our suppliers are out of stock , we do buy from other sites to fill order too
you: they are paid 59 cents an hour to farm!!!! T_T
Operator: yes. 95% of the market gold comes from china
Operator: about there
Operator: so they usually need 100hrs to get 1000gold
Operator: the cost of 1000g from china is about 59usd
Operator: excluding electrical power, lodging , food , etc
you: i heard they get like 15 gold an hour at least
Operator: there are good and bad production house
Operator: weak and powerful production houses
Operator: those powerful production house has better output rate
you: is it true that 1 person operats about 10 comps?
Operator: nope.
Operator: unless it is a hack or macro
you: wlel with macros they are able
you: are most of the ppl poor farmers?
Operator: to china , it is good pay
Operator: but to usa , it is low of cos.
Operator: a bottle of mineral water in china cost about 0.15 usd
you: do kids farm?
Operator: nope ,. they can only work after 16 yrs old by law
Operator: but some families are too poor
Operator: so their kids need to help with farming at young age
you: do you own belrion?
Operator: in china , only 1 out of 40 managed to get a job
Operator: i am only the operator
you: last question, will gold supplies on bleeding hollow go up in the next week?
Operator: blizzard has banned 50k acct recently
Operator: so i am not certain which direction is the market heading toward
Operator: there is a shortage of gold and it is getting serious
you: well, thanks for your help
Operator: k. have a nice day
you: you too
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Yobun
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Joined: 24 Mar 2005
Posts: 2183

PostPosted: Thu Jun 23, 2005 4:43 pm    Post subject: Reply with quote

interesting at least
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Haven
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Joined: 26 Mar 2005
Posts: 1701
Location: Virginia Beach, North America

PostPosted: Fri Jun 24, 2005 2:40 am    Post subject: Reply with quote

Quote:
you mean the slaves in China?



Priceless
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Mishlai
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Joined: 22 May 2005
Posts: 6226
Location: Dry Land

PostPosted: Fri Jun 24, 2005 12:35 pm    Post subject: Reply with quote

Quote:
Buy WoW gold as low as $51.99 per 500 gold on some servers, and find rare items starting at 14.99! We always deliver 24 hours a day, and within a few minutes from the time you order! Enjoy all that WoW has to offer - get great gear and level with the best!


http://www.ige.com/wowus/gold/worldofwarcraftus_en.html


What the fuck?, over.


I wasn't shocked when people sold high level characters on ebay.

I have to say that I am blown away by the concept that someone can actually find employment farming virtual gold for an online game.  

Presumably, these employees do not own computers (not at 30 cents an hour or whatever they're getting after the company takes its cut) & do not play the game for fun - they come in, log on, and go to the spot that has the best ROI.  Very repetitive & meaningless I'm sure.  It's a lot like manufacturing isn't it?

There are actually people in another country that spend their day helping U.S. gamers to rapidly advance in a game.

There are 2 doctorates sitting here.  The first one is in economics.  I'm not even sure what to call the second.
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Mongolio
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Joined: 25 Mar 2005
Posts: 4976

PostPosted: Sat Jun 25, 2005 3:06 am    Post subject: Reply with quote

Why are you surprised at this?  Have you ever heard of futures trading?  It's nearly the same concept.

You buy a contract (let's say for so many bushels of wheat (I live in Oklahoma...)) for a crop that hasn't even been put into the ground yet.  You then sell the contract or hold onto it.  Or, you can sell a contract you don't even own for a crop that isn't even into the ground yet in hopes that the price will fall (yes, you want it to get less valuable) so that you can then buy one at a lower price later.  

That latter part reminds me of gold farming.  Selling something you don't even have yet and that doesn't even exist.  

Pure financial genius.
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