The First MMO to make In-Game Currency a Crypto Currency is going to make a fortune.....

SteveCampsOut · February 2018

Discuss.

coop500 · February 2018

I have no idea what you're talking about

DoctorESO · February 2018

We are only supposed to discuss ESO on these forums.

SteveCampsOut · February 2018

Ok, so what if ESO linked their currency to Bitcoin. Discuss.

BlazingDynamo · February 2018

DoctorESO wrote: »

We are only supposed to discuss ESO on these forums.

Seems like a more interesting topic than any of the 64 you've posted in the last 3 hours.

ForsakenSin · February 2018

VaranisArano · February 2018

A marriage of gold-sellers and Bitcoin believers. What could possibly go wrong?

swippy · February 2018

if that were to happen i would continue being too chicken to participate.

i would probably also spend more time out of my year congratulating the people who recognize and anticipate financial bubbles.

SteveCampsOut · February 2018

Imagine if Crowns, Vouchers, Telvar or Gold were actually linked to something of value. The MMO would thrive, the value of items bought with them would have real world value. People who throw millions of dollars at the Crypto market would be throwing millions at the MMO creators as well as the game. There would be less need to over-inflate the value crown store items like $40 Style motif books because the game currency would already have a real tangible value.

newtinmpls · February 2018

Sounds like a terrible and possibly highly illegal plan.

AzraelKrieg · February 2018

Please no

VaranisArano · February 2018

SteveCampsOut wrote: »

Imagine if Crowns, Vouchers, Telvar or Gold were actually linked to something of value. The MMO would thrive, the value of items bought with them would have real world value. People who throw millions of dollars at the Crypto market would be throwing millions at the MMO creators as well as the game. There would be less need to over-inflate the value crown store items like $40 Style motif books because the game currency would already have a real tangible value.

Yeah, we totally wouldn't be overrun with bots in short order.

Oh, and don't tell me that ZOS would suddenly become competent at rooting out those bots, because LOL, no.

Acrolas · February 2018

It has technically already occurred, as you can trade Linden Dollar in Second Life for PayPal balance at a fairly stable exchange rate of roughly 250:$1.

It's speculated that Second Life users are collectively earning almost as much annually than Linden Lab is making off the product. So, in their terms it's more like a reinvested profit than accumulated wealth.

Hiruda · February 2018

Isnt what Star Citizen planned to do ? i heard rumor that you could do jobs to earn ingame money that you will be able to transfer into real money ( like real real money, not the currency you buy with real money )

IZZEFlameLash · February 2018

Just no. Bitcoin is a ponzi scheme hyped up by people who dwell in deep web favored by illegal activity doers. Besides, it is not really a currency but a volatile digital asset backed by no credible central banks. Why would I want my in game currency value fluctuate and wreak havoc? Why would I want what was supposed to be 10k gold suddenly become 6 million gold and such? Or just drop to 6 gold just because of its volatility?

Please close this thread.

Solariken · February 2018

SteveCampsOut wrote: »

Imagine if Crowns, Vouchers, Telvar or Gold were actually linked to something of value. The MMO would thrive, the value of items bought with them would have real world value. People who throw millions of dollars at the Crypto market would be throwing millions at the MMO creators as well as the game. There would be less need to over-inflate the value crown store items like $40 Style motif books because the game currency would already have a real tangible value.

This is very true - they could at least partially fund the continued development of the game with in-game gold sinks alone.

Although another problem is created since they wouldn't be able to create the currency out of thin air like gold and items are created now. Every time you complete a quest or loot gold from a chest etc that's new value that didn't exist before. But then again, the Federal Reserve scammers do it so why not lol.

ValkynSketha · February 2018

You will see:

SteveCampsOut · February 2018

IZZESparkling wrote: »

Just no. Bitcoin is a ponzi scheme hyped up by people who dwell in deep web favored by illegal activity doers. Besides, it is not really a currency but a volatile digital asset backed by no credible central banks. Why would I want my in game currency value fluctuate and wreak havoc? Why would I want what was supposed to be 10k gold suddenly become 6 million gold and such? Or just drop to 6 gold just because of its volatility?

Please close this thread.

You obviously know nothing about CryptoCurrencies. Troll along and shut down someone else's discussion.

https://www.theverge.com/2017/12/4/16732952/winklevoss-twins-bitcoin-billionaires-surge

In case you don't know who the Winklevoss Twins are, they were the originators of Facebook with Suckerberg.

Rohamad_Ali · February 2018

Make this a little easier and tell us what you think this would accomplish .

SteveCampsOut · February 2018

Rohamad_Ali wrote: »

Make this a little easier and tell us what you think this would accomplish .

It would make gamer's gainfully employed possibly. You're making money in game and suddenly you're making a real living doing what you enjoy? That's one possibility.

VaranisArano · February 2018

SteveCampsOut wrote: »

Rohamad_Ali wrote: »

Make this a little easier and tell us what you think this would accomplish .

It would make gamer's gainfully employed possibly. You're making money in game and suddenly you're making a real living doing what you enjoy? That's one possibility.

Yep! Its gonna make some botters a lot of money.

Arv_Morvis · February 2018

SteveCampsOut wrote: »

Rohamad_Ali wrote: »

Make this a little easier and tell us what you think this would accomplish .

It would make gamer's gainfully employed possibly. You're making money in game and suddenly you're making a real living doing what you enjoy? That's one possibility.

So instead of enjoying games as a pastime its now a job too? seriously how is that good?

Oh and your idea is a good way to get EVERYONE banned... so yeah good luck with that.

VaranisArano · February 2018

The average player's ability to make money at a game in no way compares to the ability of a botter or gold seller to take advantage of the system. The average player is not going to be the one reaping the benefits of a game like you suggest.

SilverIce58 · February 2018

Didn't Eve Online do something like that? I mean, can't you get rich irl with enough funds from the game?

Rohamad_Ali · February 2018

SteveCampsOut wrote: »

Rohamad_Ali wrote: »

Make this a little easier and tell us what you think this would accomplish .

It would make gamer's gainfully employed possibly. You're making money in game and suddenly you're making a real living doing what you enjoy? That's one possibility.

Ok I'm in .

OlafdieWaldfee · February 2018

Acrolas wrote: »

It has technically already occurred, as you can trade Linden Dollar in Second Life for PayPal balance at a fairly stable exchange rate of roughly 250:$1.

It's speculated that Second Life users are collectively earning almost as much annually than Linden Lab is making off the product. So, in their terms it's more like a reinvested profit than accumulated wealth.

There are quite a few people making a decent living off creating content in Second Life and selling it. But I think it's different, because they have to actually DO something. Like meshing, drawing textures, motioncapture and such.

I would hate to see ESO turn into just another chore.

Iccotak · February 2018

Avran_Sylt · February 2018

How would you actually go about linking the two though?

Stating in the ToS that some of your computers hardware will be utilized in transactions while you play, and that the resultant 'revenue' will be placed in a global pool for all players? Cause like hell they'd use their own servers for that.

Probably siphon some of that into their own banks, then set an exchange rate for the remainder based on the total gold currently held by players across the entire game. With constant updates like with a stock market.

Not sure how the community would appreciate that. But I could actually see an online low-stress game implementing pool mining.

Glurin · February 2018

OlafdieWaldfee wrote: »

Acrolas wrote: »

It has technically already occurred, as you can trade Linden Dollar in Second Life for PayPal balance at a fairly stable exchange rate of roughly 250:$1.

It's speculated that Second Life users are collectively earning almost as much annually than Linden Lab is making off the product. So, in their terms it's more like a reinvested profit than accumulated wealth.

There are quite a few people making a decent living off creating content in Second Life and selling it. But I think it's different, because they have to actually DO something. Like meshing, drawing textures, motioncapture and such.

I would hate to see ESO turn into just another chore.

Second Life is still a thing? I thought that died a long time ago.

Dymence · February 2018

"I don't want to get a job, so the MMO I play must be converted in such a way that it will earn me a living by simply playing it" - OP

Aesthier · February 2018

Regulations for cryptocurrency coming soon to a country near you!

But honestly, I am not a fan of cryptocurrency. So doesn't make much difference to me but the moment I start having to file taxes on my "in-game" expenditures I am done finito I quit!