Author Topic: Why do people want gold so much?  (Read 2047 times)

matisyahu

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Why do people want gold so much?
« on: November 02, 2007, 03:12:53 am »
People are buying my gold for 500 per ore.  What is the practical use of gold?  Can I be using it myself?

Raa

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Re: Why do people want gold so much?
« Reply #1 on: November 02, 2007, 04:28:41 am »
Well, if you can make it into something. I have no clue how to do anything with gold but sell it myself, but other people find it usefuller.

Marqsaynt

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Re: Why do people want gold so much?
« Reply #2 on: November 02, 2007, 05:38:37 am »
As far as I know, the only thing people can craft right now from gold are ingots/stocks. Basically people buy the gold ore to turn into ingots and then sell to NPCs at a little higher price.

Zhaxor

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Re: Why do people want gold so much?
« Reply #3 on: November 04, 2007, 11:36:22 am »
Basically any material increases in value as it is more refined. If you mine a Silver ore and try to sell it you get about 60 Tria, if you have the slills to refine it into ingots you get 169 Tria, so a player might buy silver ore from you for 100 Tria each, knowing after refining he gets 169 each, so gets 69 Tria profit for each ore without having to go out and mine it himself, and you get 30 Tria more than if you  just sold it to a NPC. Further refining into Silver stock again increases the value. of course Gold is the ore with most value, so that's the one most purchased.

Aiken

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Re: Why do people want gold so much?
« Reply #4 on: November 05, 2007, 07:21:35 am »
Further refining into Silver stock again increases the value.

Want to try again?    :)

Hint, I will make an extra 24% if I make silver ingots than if I make silver stock.
Beware the grue.

Zhaxor

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Re: Why do people want gold so much?
« Reply #5 on: November 05, 2007, 11:35:33 am »
Further refining into Silver stock again increases the value.

Want to try again?    :)

Hint, I will make an extra 24% if I make silver ingots than if I make silver stock.

Ok, so I don't know everything, lol, I just think I do  ;D

So just make ingots!

Ravenguard

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Re: Why do people want gold so much?
« Reply #6 on: November 05, 2007, 06:51:37 pm »
Psh, who cares if they want it.  All that matters is that it gives people jobs.

*goes back to creating Miner's Guild... or maybe Union*

 ;D