Tuesday, March 25, 2008

Virtual Economy In The World of Warcraft

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World of Warcraft is a popular multiplayer computer game in which you go around killing dragons and pretending you're a wizard in a fantasy game land. World of Warcraft is one of those games that has an ongoing virtual universe built around it for its players. In the life of your fantasy character you will need to make money to buy weapons and armor and things you'll need to survive and win the game. One of the ways you can get money is through "farming" for gold.

Farming isn't quite as fun as duelling or casting spells and all that; it's really quite a time-consuming task, but if done right can be very profitable.

Gold and other items are transferrable from one player to another player. You could do alot of work to get some loot and then give it...or better yet sell it, for real money, to a lazy player who just wants to have more toys for his character.

Now the amount of money someone will be willing to pay for this virtual gold isn't gonna be worth your time and effort. You will be better off working at White Castle than pulling shifts on Warcraft, so the farmer-for-hire thing hasn't taken off in American suburbia.

But there are some industrious entrepeneurs that are making a few calculations and learned a very valuable fact. The amount an American kid is willing to pay for this imaginary gold is well worth the time of a Chinese peasant. So the Warcraft sweatshop was thus born.

As you are reading this, there are literally rooms of rural Chinese sitting at computer terminals, farming computer gold in 12-hour shifts (each character has 2 people working it 24 hours a day), carefully staying out of the watchfull view of the game's administrators, and trying not to bother the real players as they collect their gold. Real farming on planet earth won't provide them with the $150 (equivalent) check they recieve a month for doing Warcraft farming.

That comes to 42 cents an hour, and thats low enough so that the white middle aged man can make a sweet profit when he then resells these "goods" to his playing customers over here.

This process is the same as the clothing manufacture, and a million other tangible items. And you know what happens when a flood of cheap foreign goods suddenly becomes available on the market? The value of the products plummet to almost nothing.

In the game World of Warcraft, it's the currency itself that's being overproduced, not just any paticular product. This means it'll take more units of that currency to exchange for any product in the game. Inflation. The price of everything goes up. Everything you worked so hard to save suddenly becomes so much less.

The World of Warcraft economy appears to be on the lip of this plunge and administrators are taking steps to try and curb its inflation. When they find a career farmer, they will ban that character. Now the farming company has to re-buy the game and set up a brand new account. This makes the process of creating these goods overseas more expensive, and functions similar to a tariff (which is a protective tax).

With these tariffs, the price of overseas goods rises, and it becomes more worth the time of Americans to well farm their own gold.

There are ways of getting around this barrier though. One of them is through the black market. Another way is to increase productivity per dollar on the supply side. When a farmer was getting $150 a month (42 cents/hour), but now he will only get $100 and will have to work 14 hour shifts, to counteract the effect of the tariff.

However it happens, water will find its way to the ocean, and cheap foreign goods will find their way to the American market you can bet on that. If it gets really out of control then gold, and anything that can be produced through time and effort--anything that's not finite in amount will then become worthless, and trade will occur among things that are finite, or require a much greater skill to acquire or everyone will turn off the game and just read a book. I'd say don't hold your breath on that one.

If that happens, it'll be just like a factory shutting down. It'll put a bunch of rural Chinese out of work all at once.

There is a balance, which in the real world, the Treasury, and the Federal Reserve, and a bunch of International Organizations try to maintain on our behalf. And by maintain, I mean getting as much cheap shit for themselves as possible without throwing the system completely out of whack.

What lies ahead for the Warcraft economy? Let's keep watching it in the near future.

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Tuesday, March 18, 2008

Thing To Check Before You Buy Any Gold From Online Sellers

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Players buying gold for the game World of Warcraft has become so popular in the last year or so. With over 9 million players and still growing each day, gold farming has become a multi-million dollar business that is not going away anytime soon.

Here are some tips to help you find a good gold seller for you based on your needs,

Always check the sellers PayPal account:

When you are buying items through PayPal, just before you purchase, you get to see the sellers rating and how many verified customers they have actually sold to. This will tell you if the seller is big or not. While there are some small gold sellers who are legitimate, it is typically to your advantage to go with an already established seller. At least then you know they'll deliver your gold on time. There are just way too many scam merchants around for it to be worth the risk.

Always do some research on the seller's domain:

It is possible to see how long a domain has been registered online, as well as the owner and his address (unless the domain is guarded). If the domain has been registered for somne time, then the seller is more likely to be an legitimate gold seller. You could also see older versions of their site at archive.org

Read jsut what other people are saying about the seller:

You should always do a Google search on the company's name if you want to find out more about them. Also, try to read reviews of what other websites have to say about them and their selling practices. You can also check world of warcraft forums as well if you still want more information on the seller. Maybe someone has used them in the past.

Find out if their customer service is any good:

Always check out their customer support before buying anyhing. Just send them an email about anything, or talk to a sales representative with live chat if they have that option. Then if they respond quickly, they could possably be a good seller who is worth dealing with.


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Monday, March 17, 2008

Read This Now If You Want More Gold In World of Warcraft !

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The World of Warcraft game that you need much more gold is an addiction for many of its players, but just as many people it is also brand new and still a mystery. If you decide to give this game a try, you will get hooked. One of the main things you do in World of Warcraft is to gather as much gold as you can. Some of you are thinking, why do I need gold? Also what do I do once I have the much needed more gold? Read on to learn more why you need more gold in the world of warcraft game.

So just why do you need more gold in this game? You could look at it as if warcraft was just like the real world. If you had no money, what would you do? You probably would'nt do much of anything. Well in the game world of warcraft, you need as much gold as you can get to barter and do basically anything else in the game. So if you have no gold, you then have nothing. And just as in the real world, you want the highest paying job as possible (meaning you need as much gold as possible more than anyone else).

Now that you know why you need much more gold, what are you going to do with this knowledge? You could use it to move up in the game, essentially. You could pay your trainer in order to get better in the game world of warcraft. Or you can use the needed much more gold to barter with your other players. If you can improve yourself in the game of world of warcraft, you can overcome your opponents. And winning is the name of the game. So get as much more needed gold as you can!

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Sunday, March 16, 2008

Secrets of World of Warcraft Gold Farming

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Gold farming in world of warcraft is one of the more difficult aspects in the game of WoW and is always a little hard to have to fall back to gold farming to be capable to acquire your own mount, or an exceptional enchant!

Whenever you know how farm gold in world of waracraft the right way you'll then feel that you will come to love the game so much more! I'm going to tell you a couple of the best places in the game of world of warcraft for gold farming so you can then stop troubling about being stone-broke all the time!

This is a quick list of some of the spots that are the better for world of warcraft gold farming:


Azshara – there are a couple of ways you can do this one if you don't want to involve dangers and are quite pleased doing hours of world of warcraft gold farming you ought to belt down as many blood elves here as you can find. They will cast off cash and rune cloth that you can always trade at the auctioneer house or a seller for a respectable profit.

If you do not mind accepting danger in world of warcraft gold farming then you can grind demons as they will cast off more gold then the elves will only they are more difficult to defeat. Some of these monsters are the better in the game and cast off epic items from time to time making more gold for you in world of warcraft!

Next point is also beneficial in world of warcraft gold farming is at the Eastern Plaguelands. Here you will find undercroft and a great deal of zombies for world of warcraft gold farming and they are not that tough and besides they drop a fair amount of uncommon items and gold.

An effective place also for gold farming in world of warcraft is at Dire Maul Tribute. There you will in all likelihood need a group with you for this one because it's really tough to beat alone. You could always discover guides on the internet for doing tribute runs in DM. You should not have any troulbe if there's a group of you and will find that it is a first-class world of warcraft gold farming area!

Another good gold farming spot in world of warcraft is at Stratholme. This one you'll need a group also to conquer. The most beneficial thing is if you have a group this could can be done in about half an hour and you all could make lots of gold there for yourselves.

The final world of warcraft gold farming spot is Uldaman. For this one you will need to be able to disenchant the items you collect. Head into Uldamann then make your way to Dig Three. Once your there you should discover Galgann Firehammer. Just defeat him and he will cast off a few items you can disenchant easy making for more gold in world of warcraft gold hunting!

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Wednesday, March 12, 2008

Top Gold Farming Spots in World of Warcraft

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Gold farming is probably one of the more profitable activities in the World of Warcraft. However, you do not want to be bogged down with farming while you should be increasing your skill levels.

This article will show you the best locations to farm for gold. Follow these recommendations and you will be able to build up gold reserves, and have enough time to develop your characters and classes.

Azshara

The best place to start would be the Azshara region, especially the Massive Timbermaws. This area has a great deal of drops and large gold deposits. In the southern areas, Runedoth (which are dropped by Blood Elves) can be collected and sold at the auction house.

Stratholme

This is a five-man instance, which is largely dependant on the ability of the group. If the group is competent, this area can be run in less than an hour. An expert group can run this in less than half an hour. The secret here is good communication as well as finding and using disenchanted items to make a lot of gold.

Stranglethorn Vale

In this region, look for an area called Crystalvein Mine. To locate this region, head east from the Gurubashi Arena. Once you have reached the cave, you will come across a good number of Ironjaw Basilisks. They will drop various trash items, which can be collected and sold for a significant amount of gold.

Eastern Plaguelands

Concentrate on the Eastern Plaguelands and the southwest corner of the region. In this area, you will come across the Undercroft and Mossflayer Zombies. These Zombies are killed easily, and quickly respawn to drop various sorts of silver and Runecloth.The Plaguebat drops lots of Vendor trash, which can be collected and sold for cash.

Westfall

Make your way to the western shore of Westfall and find the outpost of Defias Trappers. This is a great gold farming spot for players of all levels. Linen cloth can be collected and sold for gold. Low-level players can also use this area to grind for experience.

Felwood

This is a great area to find Angerclaw Mauler Bears, especially in the area northeast of Bloodvenom Post. Here you will find a large number of bears, which can be killed. Once killed they will drop gray vendor trash. The bears can also be skinned for leather. Both the leather and trash can be sold for gold.

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Wednesday, March 5, 2008

Buying A World Of Warcraft Account

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Searching around for sites where people are buying a World Of Warcraft account out of curiosity I was amazed at the prices that are being charged for characters. You can find prices ranging from $300-$1200 for a single level 70 character and I wondered who would pay that much for a gaming character?

I have to say that the thought of buying a World Of Warcraft account never entered my mind but I had seen all the ads from sites selling them and I was curious because I am an avid WoW player. What I find funny is that people pay that much when there are tools out there that allow you to make a high level character in as little as a week and you can get them for just a few dollars.

I have used a couple of the guides and currently use a program that provides map mods and in game direction to allow me to level pretty fast. My personal record to level 70 is 8 days and that is without playing hours upon hours every single day. I have personally sold World Of Warcraft accounts and actually make a couple thousand dollars a year extra selling an account every couple of months. What I normally do is use my power level program to build my main up very quickly then begin to play alt accounts until I become bored with them.

This usually takes a couple months and then I will find a site that buys accounts and sell it for whatever they offer. I then start a new account and do it all over again. The character building process is where I get my enjoyment out of the game and I guess this is why I would never consider buying a World Of Warcraft account.

If you would like more information about how I power level my main characters in about 8 days I have put together a small blog with some information about the programs and included some screen shots. You can check out my blog at: http://hubpages.com/hub/WoW-Power-Level-Guide

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Monday, March 3, 2008

History Of World Of Warcraft

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World of Warcraft stands as the greatest game in the popular
Warcraft series

World of Warcraft has been an extraordinary success since its
launch in November 2004. It has impressed game critics and has
captivated millions of players, who adore the world that the
game has created. It is no longer just a game but is now a
genuine phenomenon, and one that shows no signs of abating. It
is one of the key games of recent times, and stands as a
landmark title for online gaming.

World of Warcraft’s appeal lies in that it has created a truly
engaging online world. This massively multiplayer online
role-playing game is set in the world of Azeroth, a fantastic
land that is filled with heroes and monsters and many other
creatures. The game’s strength is that it functions as an
experience, as a world that exists on its own terms that you may
visit and explore as you please.

World of Warcraft is the 4th title in the series of Warcraft
games, which have been entertaining people for over a decade.
The series began in 1994 with the game Warcraft: Orcs and
Humans, a real time strategy game set in Azeroth. This was a
fine title, and a good introduction to the series, but in truth
the franchise was just getting started. The best was still to
come.

Indeed, it wasn’t until 1995 and the release of the second
game, Warcraft 2: Tides of Darkness, that the series really
found its voice. Warcraft 2 was a masterpiece, and it improved
on the original in every sense. The game had beautiful graphics,
epic storytelling and fascinating, absorbing gameplay. The high
standards of the series continued in 2002, with the release of
Warcraft 3: Reign of Chaos. This was another classic and a
remarkable game in its own right. The predecessors of World of
Warcraft were all superb.

Blizzard Entertainment published all of the Warcraft titles,
and the games attracted a huge following. When Blizzard
announced that there was going to be a 4th game in the series,
it was natural that people were interested. This interest
intensified when it emerged that the new Warcraft title was
going to be an online multiplayer game. World of Warcraft would
make Azeroth more interactive and redefine it as an experience.

The fans of the series had high expectations for World of
Warcraft, as it promised to be a terrific and innovative new
title. Blizzard held a beta test for the game in March 2004, and
gave selected players a preview. Those who played it were very
impressed and it received great reviews. The anticipation for
the game’s release grew stronger as 2004 went on.

World of Warcraft was officially launched in North America on
Tuesday the 23rd of November 2004. It was well received by
critics. The launch was a major success, and it achieved huge
sales on its first day of release. Blizzard estimated that
240,000 copies were sold in the first day alone. These were
record numbers for a game of this genre and so World of Warcraft
became the fastest-selling online game in history. It was a
smash hit.

World of Warcraft sustained this success; in fact, the
popularity of the game began to snowball. It really took off and
caught the public imagination, with more and more people
becoming enthralled with it. 2005 saw the game explode into a
global obsession. In February it was launched in Europe and in
June it was launched in China, with other countries following
suit. It proved hugely popular everywhere it was released, and
by 2005’s close it had more than five million subscribers
worldwide.

World of Warcraft has evolved since its initial release. There
have been a number of updates for the game, and the universe of
Azeroth has grown. Blizzard have made improvements, fixed any
problems, and have worked to make the game user-friendly. They
have also expanded the game, by adding sections like Blackwing
Lair, for example, the dungeon lair of Nefarion, one of the
villains in the game.

In June 2005, Blizzard added major player versus player content
in the form of two special battlegrounds, Alterac Valley and
Warsong Gulch. Alterac Valley allows players to engage in
battles of 40 on 40 people, while Warsong Gulch offers new
challenges, like stealing your opponent’s flag from their camp.
These battlegrounds are the most substantial update to World of
Warcraft since it was released.

Now, in 2006, World of Warcraft is as popular as ever. An
expansion, titled The Burning Crusade, is set for release this
year, and should expand the world of Azeroth even further. World
of Warcraft has become the pinnacle of the Warcraft series, and
is a magnificent and distinctive game.

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