/biz/ - Business & Finance

>>8794931
Flipping rigs and named modules on Jita is not "business and finance"

>>8794931
runescape

>>8794931
I played the auction house on WoW. Nothing better than corning the market on a basic industrial good.

>>8794941
STFU. At least it's not another roastie thread.

>>8794931
Magic: the Gathering. There's no better paradigm to come up through as a future capitalist.

Everquest. East Commons tunnel.

>>8794931
Recettear: An Item Shop's Tale

I was a bank in vanilla wow. Like the kikes i lend money out to my friends at 10% interest so they could buy their epic mounts. When tbc dropped i was server first to get my epic flyer on both my characters. Created fake low supply on several items needed by most people, cornering the market and made a ton of gold by jewing over others

Played a French game called Dofus. Learned how to buy seemingly useless resources from scrubs and use the mats for expensive items that hardly anyone bothered obtaining.

>Created fake low supply on several items needed by most people, cornering the market and made a ton of gold by jewing over others
So I wasn't the only one who did this. Sadly, after a certain while, chinese came in, and I could no longer be able to buy out the entire stock.

>>8794955
When I introduced my bro to gdax, he said exactly this
Wondering how many here also learned from runescape

Personally learned from Space Trader

unironically roblox

when I was little I used to sell people advertisements and graphics, then moved into selling scripts, then moved into scamming and selling limiteds for actual money

good fucking times

>>8794931
WOW.
i was the goddamn king of the auction house on Mal'Ganis

runescape isn’t that complicated. you kill a bunch of chickens then you sell the feathers. how is that business and finance?

>>8794931
World of Warcraft, Orgrimmar Auction House + neutral AH in southern continent, forget what it was called

>>8795157
Booty Bay

>>8794931
is it too late to get into eve online?

unreal tournament '99 taught me to only use shock rifle

>>8795157
>>8795170

I had a racket where I paid noobs to grind fishing deviate fish from the barrens, cooked them into savory deviate delights, and then sold them on the neutral goblin AH to alliance for like 1000x gains.

>>8794931
Warframe
pajeet-jew hybrid, buying low selling high was basically the end game content. Well, that, or grinding shitty missions. As a living mp game shit changes, gear goes out of the drop pool, some gear only buyable in a limited time frame and it's unknown if it'll be available again, so you sniff the market for what's gonna be hot and in low supply. It was a whole lot of fun. I could buy anything I wanted.
Why isn't real life as simple.

>>8795157
I used to crash the auction house by flooding in rare items for 1 gold it was fucking hilarious i have three account bans because of it

>>8795235
arrrr matey i loved me some of those

>>8794984
This, except gray.

>>8794931
KoL marketplace. I remember my first million meat...Good times.

>>8795289
Gfay**

>>8794931
Ragnarok
Teached me how accumulation/sell cycles work, there are always goys ready to wagecuck for you, governments always back the strong and there's always luck involved.

>>8795251
>Why isn't real life as simple.

It is. You just have to be patient. Most people don't have the patience to time multi-year market cycles, let alone multi-decade cycles.

>>8794931
Literally sold my (Netherweave) bags to newbs in WoW.

>>8795194
Yeah it's shit now and just keeps getting shitter

>>8795409
>It is. You just have to be patient. Most people don't have the patience to time multi-year market cycles, let alone multi-decade cycles.
Got maybe an anecdotal example?
Going from speculating on future market supply in video games to real life is kind of a stretch.

>>8794931
RuneScape

I spent the better part of 2016 making 140 billions of isk in EvE, instead of lurking on /biz/ and buying cheap crypto. Now because of my own stupidity I am a bit frustrated with the game but, yeah it is a great game where you can surprisingly learn a ton of useful stuff.

>>8795511
>Got maybe an anecdotal example?

Buy real estate after it crashes. Sell when it's hot.
Buy crypto after it crashes. Sell when it's hot.
Be patient & stay aware of the long term cycles. It's foolish to chase short term pumps unless you're very good or lucky.

>>8794931

Never enjoyed actual jewing, flipping, manipulating or even content grinding that much, so i just used bots to farm gold and sell that for cash.

Isnt Eve Online is some sort of graphical interpretation of Excel?

>>8795676
Basically. I remember when I tried to play it I made spreadsheets

Ultima Online, kiddo

>>8794931
In fourth grade my school had really good chocolate chip cookies.

The price was ten cents a cookie or 25 cents for three. This blew my mind as a kid. I typically had about ten or fifteen cents extra from lunch or enough for one cookie. I realized that all I had to do was save my cookie money for three days or so and I saved 5 cents. Basically a free cookie in 6 days.

I had learned the value of saving money, buying in bulk and patience. I took it a little to the extreme. Saved for almost two weeks. Enough to buy 9 cookies at one time!

The lesson was almost complete. Then a little nigger kid begged for a cookie. I tried to explain that I had saved for two weeks to do this. Told them no. They swore and called me fat. In the end though no cookie for him!

>>8795612
The more I think about it the more correlation there is between real economies and vidya economies. Gonna think about it further, thanks anon.

>>8794931
WoW AH. All i did for the last year playing it was trade ah 24/7. Accumulated 1 mil gold then bought everything on AH and deleted account.

EvE here too. First fortune made in inter-regional arbitrage, then another in insurance fraud before going on to build about 50% of all the T3 sold in Jita. Finally wised up to high turnover Jita trading and learned how to make 100bil a month with 50bil of capital. Got a side dose of RSI and PTSD along with it. Last thing I did in game was ascend to the ranks of trusted third party and hold collateral worth about 600 billion for MD projects. I see my time in crypto as just the next extension of my time in EvE.

WoW auction
Scalping TF2 items

Diablo II

Best game for scamming cucks and customizing your holds ever

>>8795814
I desperately wanted to get technical indicators, like MACD, to apply to EVE market data so I could try to swing trade. Any idea how to get that working?

>>8795936
I took a much more simplistic approach and just found margins, then abused them till they squealed. So not too much prediction involved in my model.

However, someone I used to know on the MD board got very into the TA side of things in the game and eventually quit EvE to work as a currency trader. He kept an archive of articles on the topic.

http://www.vahrokh.com/tag/macd/

>>8796106
Thanks so much, this is perfect. If I can get this set up I'll come back to EVE

>>8795257
Wtf? Why would you get banned for that? Why would the devs give a shit about ah prices?

>>8795086
This. People would be surprised how much money is pumped into this game. It's great

TF2

the hat game was real

>>8795235
I just a made a bot to fish that shit overnight.
Never got caught or banned for it. The only time I ever did get banned was because of the fire totem bug (if you put it down and logged out, it went neutral so it would hurt allies), which I kept doing to kill afkers and a bunch of low levels standing around the auction house.

>>8794975
I just recently sold off all my cards to some moron for $2k. I posted lots on craigslist and the same guy bought them all over a few month period. The best part is, I spent maybe $200 total over the last few decades while the rest of the cards were all given to me.

Eve online is awesome,although haven't played in over a year. Made my billions trading high value items I bought regionally for 1/5 of the item value,then sold in jita for 20-30 mill less than the lowest price,the jita whales snapped em up to resell and I had insta millions in isk. Fun times! It's a really good game,with a steep learning curve,be prepared to lose ur life once u start playing.

Maplestory, then Tf2

>>8796271
Surprised? Try shocked.

It's gone downhill now that LMaD and C&G are gone :(

Pwi. Gold (USD) to coin

Buy high sell low and account for a 2% fee each way.
Turned 50$ worth into 125 in a week also buying rare molds crafting em and putting em back up on the AH

>>8796559
Buy low sell high.. Fuck this place kek

>>8794941
I used to be a successful trader in EVE. It was where i first heard about BTC and cyrpto. I used what i learned to trade cyrpto and avoid scams. Based on my current projections i will have enough to retire in the next bull run. EVE changed my fucking life.

>>8796193

No problem. You might want to search Market Discussions posts by Vaerah Vahrokha in evesearch as well (the main of the character on the website I linked). There were some long threads posted there with community discussion.

For me it was tf2 that unleashed my inner Jew. I know the market isn't as snazzy as it is in MMOs, but I grew up a poorfag, so I couldn't afford a subscription to WoW or EVE. What's interesting about tf2 is that you can consistently make a couple scrap in profit every trade. I used to shark a lot. Sharking is where you go to a server, view the inventories of people there, and compare it to their playtime. If someone has a key and only 5 hours of playtime they might not know about trading. So what you do is trade him and offer a couple neat weapons in exchange for his key. I tried getting into quickswitch scamming, but it never worked out. But what really made big bucks back when tf2 trading was actually a thing was unusuals. I was able to earn multiple keys in a single trade doing that. I cashed out to buy a server for me and some friends. Eventually the host just stopped hosting it. He had what he wanted (my items) and had no reason to keep hosting it. I learned the importance of always keeping wanting something from you from that.

It still worked out though. I managed to scavenge through my inventory for enough to by a cheap unusual to get back into the game. Started trading that unusual and made 10 keys in a single day. The scrap inflation has caused it to go down quite a bit since then. Keys are the only store of value in that game. Although trading is pretty much dead these days. Fear mongering made inflation a lot worse than it actually was. Valve killed the convenience of trading by requiring people to jump through all kinds of hoops and hurdles. It's just not viable these days. A bit of a shame, I enjoyed it. It's not surprising that they died though, they did hire a Greek minister of finance to oversee the economy. lol

>>8795775
Based

>>8796698
Do you still play EVE now?

>>8795773
This is the right answer. If you didn't play Ultima online during the late 90s early 2000s you missed out on something never to be seen again in humanity. It was a one of a kind

Runescape. I was flipping coal and lobster certificates in 2003. Then I gradually built my way up to party hats, santa hats, and masks before I quit in 2007.

Shout out to any former Damage Inc reading this (h)

>>8796741
lol, most of the people here are talking about roblox and runescape.
I doubt they have the first clue about ultima.

>>8796741
t. nostalgia

EVE was pretty good. I made my first few bils mission running, then traded in Amarr market up to 20bil or so, then traded deadspace modules on contracts up to 100bil or so, then farmed characters and sold them up to 2.5tril or so, and now I'm probably at roughly 4 tril from just holding PLEX and AT ships and things.

Haven't played in almost a year though.

>>8794931
Neopets stocks taught me to buy high sell low

>>8794931
ffxi and ff14, it had a really good free market system when you take out the jew bots and $ farmers. the crafting system actually made sense and was realistic as far as materials go.

>>8795047
Plus the auction house api and shit that let you do stuff when not logged on and actually running around getting stuff out the mail and shit really ruined it.

>>8794965
Fucking wool

>>8795194
Nope this other guys just booty bothered because Eve Online let the free fags in. Try it it's an ok game only bitter vets bitch because they're old and their bones creak.

>>8796712

I still have a few accounts and was just setting myself up to get back into playing when I found out about crypto. That has taken up all my gaming time for the last six months but I may well dip my toe back in with the markets being quiet at the moment.

>>8794931
I learned a lot about the stock market from Railroad Tycoon 3 as a kid. Margin buying, price shocks, margin calls, short selling, dividends, mergers, etc.

>>8794931
runescape taught me not just how markets work but how scammers work. i'll never forget the taste in my mouth after getting conned

>>8797372
I got scammed out of my 5 permed wrath sword in The Realm. The guy said he'd give it back if I gave him my invulnerability armor. You had to hand someone your items to get them to enchant them in that game. Fuck an A memories. Games are great though so much better to get scammed out of a pixel then something IRL.

Cs go

Who /dope wars/ here?

>>8794931
If you played RuneScape in the past and aren't accumulating as much Bitcoin as you can because they are ironically like IRL Christmas Crackers you are a fucking sub 100 IQ retard
http://runescape.wikia.com/wiki/Christmas_cracker

>>8796389
>fire totem bug (if you put it down and logged out, it went neutral so it would hurt allies), which I kept doing to kill afkers and a bunch of low levels standing around the auction house

That's fucking hilarious. Also funny how Vanilla WoW correlated with the best time to troll on the internet, truly the GOAT internet era

>>8796939
>and now I'm probably at roughly 4 tril
>4 trillion ISK

that's like what, $20k if you sell it all? Nice.

>>8794931
I jewed the AH in Wow, I bought all the supply raiders would need around 18-19 PM and add 10% on the price, repeat everyday, never farmed a day in my life.

>>8797340
Well if you do send me a mail - Dravos Tarimus

Maybe we can be space jews together

Started standard arb in Jita
Proceeded to supply a small lowsec-hub
Ended up supplying Goons with battleships until the tiericide a couple of years ago together with my lowsec-corp. Back then, we were responsible for about 75% of redfrog transports for a week and I coordinated this chaos with dozens of POSes and about ten pure prodding characters.

Made a fortune, but did not learn a thing about finance - for that, I went to university. A bit about business and negotiations however indeed got stuck.

>>8797995
Replace characters with players. Dunno how many chars we had at this time...

>>8795136
merching before the ge killed it

>>8794931

Flipping currency and items on Path of Exile, good times.

>>8796245
they ban multiboxing goblins, search for aada, dudes on every connected server and dominates EU with +-700mil gold last time i checked

>>8797562
Man, I used to go to Yahoo chat rooms, yell 'nigger" or "gas the kikes", then leave. Good times.

>>8794931
eve taught me that violence and obsessive shitposting leads to social influence

eve taught me how to lead people.

eve taught me to be a scamming fuck and make shekels

>>8794931
I learned everything from Neopets, then took the knowledge into Second Life, then took it into crypto.

>>8795374
>>8794931

such a masterpiece. never have i seen other game with such depth and atmosphere.

started playing with combat classes, really enjoyed wizzard and assassin. however, the most interesting class ended up being Merchant.
Learned so much about the topics you mentioned. Plus market manipulation, control over supply of goods by monopolizing farm in important maps with bots and being patient in the market. There will always be a sucker to trade with you. Sit patiently until he comes. Only engage in profitable trades, or don't engage at all.

Lineage II, I read Korean expansion notes for new craftable items and calculated difficulty of obtaining materials to predict prices. Was the richest clan and dwarf in the server

>>8794931

runescape taught me

thank god for hte duel arena

Got a degree in managerial resource economics from a decent college a decade ago.

Guild Wars 2

Diablo taught me a lot about managing inventory.

>>8796415
My man, maplestory!

>>8797562
Yeah, those were great times for trolling, but I remember being a little disappointed that wow didn't have full loot though.
>>8798558
Lol who didn't do shit like that? I remember making chatrooms on msn and then banning everyone for random shit. Ah the joys of being young and having the internet.

>>8799026
>>8799026

Runescape taught me a lot

Sadly I flew too close to the sun and decided to all in 4b to hopefully get a red phat (my goal when I was like 8years old) and I lost it all and never played again.

>>8794931

WOW: The early days of Mining Ore and selling on the Auction House was literally the digital version of wagecucking.

I didn't learn jackshit from all my years playing
I unironically used to buy high sell low

>>8800646
>>8800646


Also being able to control certain items completely on the game was awesome.

>>8794931
puzzle pirates

>>8794931
holy shit me too, literally never did any of the gay space dogfighting shit, was just setting up contracts, pulling up sellwalls and pump and dumping gallente fuel blocks all day long

>>8794955
^

>>8796407
Depends on what cards you sold.

>>8794931
Literally a EVE Trillionare. Working on that in RL now

I honestly feel like video games in general gave me a lot of financial responsibility.

Mostly resource management, but also time management. And they gave me a good sense of how loss aversion works and how to resist it.

>>8794931
Neopets. I was a neomillionaire, had a fat shop and would trade off high demand goods on the trading post, flipping until I made crazy neopoint profits.

>>8794931

WoW AH

>>8794965
Braaaaaaaaaaaaaaaaaaaap

>>8794931
Minecraft, believe it or not. I spent way too many hours playing on economy-driven servers and jewing people out of money. Good times.

>>8794931
Making some obscure recipe in Guild Wars 2 for mad profits and forgot about the rest of the game.

Spent my time jotting down ingredient costs and recipe resale value looking for gaps in the market from day to day

>>8794955
Yeah same here. All that time mining coal for people practicing smithing, or picking massive amounts of flax and unloading it for all that gold. Beautiful.
Terrible that they added in that fixed economy system now.

>>8801868
What did that look like anon? I can't imagine.

>>8794931
World of Warcraft Auction House.

Literally a mini economy based on supply & demand. Inflation at every expansion. I saw these concepts in action before i had my first economics course.

Started reading AH threads, on forums and understood the game. Gave all my gold to IRL friends playing and quit the game. Trying to repeat now IRL.

>>8795862
wuw for gaze?