Sunday, February 3, 2008

World of Warcraft Secrets - An Overview Of Gold Mining

World Of Warcraft WoW Valkors Gold Making Guide #1 Selling Gold Making Guide.


With over nine million players as of 2008, World of Warcraft has become a very popular game. It is interesting to look at the history of gold trading and its economy since the game first came out.

In the early days of World of Warcraft, the economy was based solely on trading. Someone would shout across a popular zone (usually a city such as Stormwind) that they have 50 copper bars at a starting price of 10 silver. Players throughout the zone would then raise the price.

For example, someone may shout 12 silver, then another 15 silver, then someone else may shout 2 gold (20 silver). The seller would then shout 2 gold going once, going twice, sold; at which point the buyer and seller would meet in a mutual location and use the trade interface to exchange 50 copper bars for 2 gold.

The World of Warcraft economy has evolved a long way since then. Currently most transactions take place in what are known as auction houses. These auction houses are located in three major cities throughout the world and are places where you can put your goods up for auction (similar to EverQuest's Bazaar system).

This allows you to put your goods up for auction for lets say eight hours, and then go to sleep, go out adventuring, etc. It has made trading easy for both the power gamer and casual gamer alike. It also allows players to quickly search through the thousands of items that are available for sale at any time (and compare prices).

World of Warcraft is mostly a player-driven economy. Most of the exchanges are between players and not NPC's (non player characters). Since this is a player driven economy your money will hold its value longer then in most other MMORPG's which are rampant with inflation due to an emphasis on a NPC- driver economy (which creates an unlimited demand since NPC's will always buy your item for a set price therefore causing rampant inflation).

The economy in World of Warcraft used to be dominated by those with the most time to auction goods, and find good deals. With the implementation of the auction houses this once limited market was available for everyone to make money.

The economy is no longer ruled by those with the most time (although it still does play a factor), but those with the most World of Warcraft "smarts". That is why on my website I provide comprehensive reviews of the best WoW gold sellers and strategy guides.

To your WoW success,

-David Chow

Want to make tons of gold in your sleep? Visit my website at [http://www.warcraftdollars.com/guides.htm]Warcraft Gold Guide for the best sellers and strategy guides for WoW, which I have personally used to accumulate over 20,000 gold. Get it now --] [http://www.warcraftdollars.com/guides.htm]World of Warcraft Gold Farming Guide.

Article Source: http://EzineArticles.com/?expert=David_D._Chow http://EzineArticles.com/?World-of-Warcraft-Secrets---An-Overview-Of-Gold-Mining&id=903303

Auction economy in world of warcraft then and now.

World Of Warcraft Joanas 1-70 Horde Guide. Joanas 1-70 Horde Power Leveling Guide For World Of Warcraft.

If you found this article to be helpful please support this site. Thanks.

No comments: