How much gold to become 1%ter?

Prof_Bawbag · August 2017

When people ask what's the point in hoarding virtual currency with no real life value, i tell them for me personally, it allows me not to waste weeks of my life farming for BoE shite that may never even drop. Because gold is the best time saver in-game, it's worth hoarding when there's next to nothing to buy.

Takes me seconds to find that sharp sword rather than weeks of repetitive garbage. I'll leave the rng to others. I'd rather have fun when playing any game.

Bouldercleave · August 2017

SquareSausage wrote: »

Bouldercleave wrote: »

Amassing wealth IRL is a bit different - I'm no 1%er, but I do very well. The reason I amass wealth IRL is for the overall security and future for myself and my family,

oh bog off with how well youre doing irl, yawwwn...

Um, OK. That wasn't the point of my post at all - but I'm not surprised that someone got triggered by it.

I suppose you think I'm the bad guy because I have a good career and make decent money. I'm sorry that I'm successful and you apparently aren't. And it's "you're".

Mitrenga · August 2017

A guild mate of mine has more than a billion... and I'm pretty sure there are some players in the same guild with 3 digits millions (Crafting mats, flowers, motif books etc. were not included in the calculation).

PC EU...

Shadzilla · August 2017

ZOS_RichLambert wrote: »

code65536 wrote: »

He's unlikely to respond, but I'll try anyway to summon @ZOS_RichLambert so he can provide stats on how much gold the top 1% have.

Seeing as I was looking at this stuff just now anyways (total gold for an account with at least 1 level 50)...
XB1 - 90th percentile - 412k gold

PS4 - 90th percentile - 459k gold

PC - 90th percentile - 890k gold

It's not the top 1%, but it gives you an idea.

Such a tease Richard. Give us the goods on the 1%, how RICH are these RICH people Rich?

Kyoma · August 2017

Anybody else noticed that Rich Lambert edited the OP? Maybe it's his personal account!

helediron · August 2017

Kyoma wrote: »

Anybody else noticed that Rich Lambert edited the OP? Maybe it's his personal account!

That is just because of the forum software, to mark the thread containing a devpost.

I think a good estimate of 1% comes from the 10%. If 90 percentile is 890k then 99 percentile could be 8900k.

WyndStryke · August 2017

VDoom1 wrote: »

This is insane. Many (like myself) struggle even getting to one million gold. How the heck do some have billions? o.O

Probably many of the people who are saying multiple billions are either lying, or its a 'friend of a friend' where the story has grown when being retold repeatedly. Which isn't to say that they're all lying, it probably is possible if that's what your focus is, and there will be people who have gone down that path.

However, it's easy to get into the millions. One very boring way to do it is this:

14 characters. All maxed crafting. All have hireling passive at 3/3. That's 140 hireling emails daily, for a total materials value of 50k/g daily (average). That's a million every 20 days just for logging in and out of each of your characters twice daily, and taking a bit of time weekly to actually sell it on guild vendors.

When homestead was released, I basically had no gold at all, I now have 12M, and if you include other sell-able assets the total figure is more like 32M (via the /wealthub command which an add-on provides, this excludes anything which is bound or cannot be sold).

But having said that - IMO there is little point in having huge amounts of money in ESO.
* BIS gear is a waste of time and gold, you may as well stick with 2nd best, it is close and will probably still be 2nd best after the next patch.
* Motifs will be MUCH cheaper if you wait a few months instead of getting them as soon as the patch drops.
* What's the point in having a bunch of desolate houses which nobody ever visits? Have just one, and make it a smallish one so that it doesn't look empty.

WyndStryke · August 2017

SirAndy wrote: »

... I'm already a 0.016% ter ...

FYI, the psiijic order link in your signature just leads to a domain reseller site. Someone must have forgotten to renew the domain.

Cpt_Teemo · August 2017

WyndStryke wrote: »

VDoom1 wrote: »

This is insane. Many (like myself) struggle even getting to one million gold. How the heck do some have billions? o.O

Probably many of the people who are saying multiple billions are either lying, or its a 'friend of a friend' where the story has grown when being retold repeatedly. Which isn't to say that they're all lying, it probably is possible if that's what your focus is, and there will be people who have gone down that path.

However, it's easy to get into the millions. One very boring way to do it is this:

14 characters. All maxed crafting. All have hireling passive at 3/3. That's 140 hireling emails daily, for a total materials value of 50k/g daily (average). That's a million every 20 days just for logging in and out of each of your characters twice daily, and taking a bit of time weekly to actually sell it on guild vendors.

When homestead was released, I basically had no gold at all, I now have 12M, and if you include other sell-able assets the total figure is more like 32M (via the /wealthub command which an add-on provides, this excludes anything which is bound or cannot be sold).

But having said that - IMO there is little point in having huge amounts of money in ESO.
* BIS gear is a waste of time and gold, you may as well stick with 2nd best, it is close and will probably still be 2nd best after the next patch.
* Motifs will be MUCH cheaper if you wait a few months instead of getting them as soon as the patch drops.
* What's the point in having a bunch of desolate houses which nobody ever visits? Have just one, and make it a smallish one so that it doesn't look empty.

Motifs are a tough chance, cause even the less expensive ones can become really expensive later if people stopped farming for them.

Amadis001 · August 2017

I have 3 million after playing about 7 months and feel like I'm just getting started. Finally have enough gold to participate in some larger deals comfortably.

TheSunseeker · August 2017

ZOS_RichLambert wrote: »

PC - 90th percentile - 890k gold

Ah, excellent. I'm in virtual poverty.

Thrymbauld · August 2017

I'm not really surprised it's that "low" actually.

I'm constantly trying a new set of gear for an alt, or maybe I'm a couple purple tempers short to making a set, etc. Throw in a single house, the exorbitant cost of actually spending the money if I want to do a crafting writ, and handling the costs of consumables and I can have a cash outflow of easily 10-20k per day if I'm being really active. I rarely go over 50k on hand and only once or twice have had over 100k on hand(and 63k went to a medium/smallish house at that point).

The result of this is that I make a relatively large amount but also spend a relatively large amount of gold. If I where to horde it instead of doing things with it, I'd imagine I could have a half million in a matter of a couple months, but I'd have to make a conscious effort to not be spending it on the things in the game I like doing.

TheAngelofDeath99 · August 2017

Queo wrote: »

IcyDeadPeople wrote: »

There are a surprising number of players in the range of hundreds of millions. I suspect a few have billions.

In my case, if I ever save up enough to pay off my bounty I will be shocked.

how much is your bounty??
i had 1.7mil its down to under 800k these days.

H-how do you get a bounty of almost 2 MILLION gold? How is that even possible?

How many people did you murder in plain sight?
How many times did a pickpocketing go wrong?
How many times did you steal in plain sight?
Did you do it purposefully, or did you just ignore it and continue to commit crime?

This just boggles my mind, I literally find it hard to comprehend such a high bounty. Nocturnal must really hate you, or really love you for the effort.

Gothren · August 2017

I was rich with 3 million gold until I decided to furnish my house. long story short im broke right now.

Runs · August 2017

ZOS_RichLambert wrote: »

code65536 wrote: »

He's unlikely to respond, but I'll try anyway to summon @ZOS_RichLambert so he can provide stats on how much gold the top 1% have.

Seeing as I was looking at this stuff just now anyways (total gold for an account with at least 1 level 50)...
XB1 - 90th percentile - 412k gold

PS4 - 90th percentile - 459k gold

PC - 90th percentile - 890k gold

It's not the top 1%, but it gives you an idea.

Can you change the target to only count unique IP addresses but tally identical IP addresses. For instance I have 3 accounts, can you tally the gold on all 3 and make it only count as one account. Even though it would lump couples/siblings together it would give a better perspective.

disintegr8 · August 2017

disintegr8 wrote: »

I had 14 mil last week before I went on a spending spree - buying up all the houses I could afford. I now only have 400k and need another 4.5mil to my the last 4 large houses I have access to. If I focus on trading I could do that inside a couple of months.

I had already spent 6 mil on houses, so without housing I would be sitting on over 20 million.

Already back up to 800k after some weekend trading...... it is really not hard to make money if you want to.

MakoFore · August 2017

fengrush didnt earn that gold though - or at least not via normal means. he went to the warden player testing with like 800 000 in his bank, and came back with 40mil. i guess they rewardede their top content creators with a bit of in game gold, whcih im not mad about- i want them creating content and showing us builds- not grinding fake virtual money. .

Kalante · August 2017

virtual fake money to you maybe but others RMT that gold when they quit the game and buy other games. I am willing to bet there is a group of rich players that RMT every day.

Betsararie · August 2017

WyndStryke wrote: »

* BIS gear is a waste of time and gold, you may as well stick with 2nd best, it is close and will probably still be 2nd best after

Strongly, strongly disagree. I think BiS gear is undeniably one of the best expenditures of time and gold in the entire game.

Banana · August 2017

Poor consolers

Linaleah · August 2017

ZOS_RichLambert wrote: »

code65536 wrote: »

He's unlikely to respond, but I'll try anyway to summon @ZOS_RichLambert so he can provide stats on how much gold the top 1% have.

Seeing as I was looking at this stuff just now anyways (total gold for an account with at least 1 level 50)...
XB1 - 90th percentile - 412k gold

PS4 - 90th percentile - 459k gold

PC - 90th percentile - 890k gold

It's not the top 1%, but it gives you an idea.

ok, so given these stats... why are large homes, let alone manors, not to mention decorations priced so high? are the tinfoil hat people right and housing is just a cash grab, priced that way specifically to encourage people to buy and spend cartel coins because gold costs are unattainable by 90% of the population?

disintegr8 · August 2017

Linaleah wrote: »

ZOS_RichLambert wrote: »

code65536 wrote: »

He's unlikely to respond, but I'll try anyway to summon @ZOS_RichLambert so he can provide stats on how much gold the top 1% have.

Seeing as I was looking at this stuff just now anyways (total gold for an account with at least 1 level 50)...
XB1 - 90th percentile - 412k gold

PS4 - 90th percentile - 459k gold

PC - 90th percentile - 890k gold

It's not the top 1%, but it gives you an idea.

ok, so given these stats... why are large homes, let alone manors, not to mention decorations priced so high? are the tinfoil hat people right and housing is just a cash grab, priced that way specifically to encourage people to buy and spend cartel coins because gold costs are unattainable by 90% of the population?

I question your point about the gold needed for housing being unattainable by 90% of he population - anyone who wants to make gold can. I have made and spent over 20 million gold on houses (what else can I spend it on?) and if I can make that much gold, anyone can.

ZOS is in the business of making money and the fact that these items are for sale in the Crown Store indicates that they would be more than happy for you to pay real money for your houses.

Linaleah · August 2017

disintegr8 wrote: »

Linaleah wrote: »

ZOS_RichLambert wrote: »

code65536 wrote: »

He's unlikely to respond, but I'll try anyway to summon @ZOS_RichLambert so he can provide stats on how much gold the top 1% have.

Seeing as I was looking at this stuff just now anyways (total gold for an account with at least 1 level 50)...
XB1 - 90th percentile - 412k gold

PS4 - 90th percentile - 459k gold

PC - 90th percentile - 890k gold

It's not the top 1%, but it gives you an idea.

ok, so given these stats... why are large homes, let alone manors, not to mention decorations priced so high? are the tinfoil hat people right and housing is just a cash grab, priced that way specifically to encourage people to buy and spend cartel coins because gold costs are unattainable by 90% of the population?

I question your point about the gold needed for housing being unattainable by 90% of he population - anyone who wants to make gold can. I have made and spent over 20 million gold on houses (what else can I spend it on?) and if I can make that much gold, anyone can.

ZOS is in the business of making money and the fact that these items are for sale in the Crown Store indicates that they would be more than happy for you to pay real money for your houses.

statistics tell a different story. most people cannot make that gold, or 90% of the population would NOT be well bellow even 1 million for ACCOUNT. which indeed tells me that pricing intention WAS to get people to pay crowns. make it so expensive in gold that vast majority of the playerbase has to spend RL money if they want it. whether its a bad thing? you decide.

FENGRUSH · August 2017

MakoFore wrote: »

fengrush didnt earn that gold though - or at least not via normal means. he went to the warden player testing with like 800 000 in his bank, and came back with 40mil. i guess they rewardede their top content creators with a bit of in game gold, whcih im not mad about- i want them creating content and showing us builds- not grinding fake virtual money. .

I made that money from selling housing items. The Lord's coffers are filled with gold now.

Enemy-of-Coldharbour · August 2017

ZOS_RichLambert wrote: »

code65536 wrote: »

He's unlikely to respond, but I'll try anyway to summon @ZOS_RichLambert so he can provide stats on how much gold the top 1% have.

Seeing as I was looking at this stuff just now anyways (total gold for an account with at least 1 level 50)...
XB1 - 90th percentile - 412k gold

PS4 - 90th percentile - 459k gold

PC - 90th percentile - 890k gold

It's not the top 1%, but it gives you an idea.

Wow, then that makes me Richie Rich rich!

macheezie · August 2017

I just hit the six figure mark and thought I was loaded..

FakeFox · August 2017

My guess:
Upper 10%: 5 million
Upper 1% 300 million

Since like 80% of the population seem to be very casual players just doing quests and running normal dungeons when they go full tryhard I guess most players have like no money at all. The upper 10% being active and experienced endgame players, most of them are more or less actively trading and pretty much everyone I know has a few million lying around. The upper 1% I guess are either people doing nothing but trading or exploiters.

mrdiamond666 · August 2017

How do you get sooo much gold? I need some tips, been trying, but just cant get that much gold, let alone a couple hundred thousand..

FloppyTouch · August 2017

mrdiamond666 wrote: »

How do you get sooo much gold? I need some tips, been trying, but just cant get that much gold, let alone a couple hundred thousand..

Farming
Selling the new BiS BoE gear(mothers sorrow) made me a lot

Also u make a lot over time the more u play the more u make and not spending a lot.

Asardes · August 2017

Probably above 100 Millions.

I have 4 trading guilds, sell around 100K on average in each every week - in some weeks I was over 500K in at least one of them, an 1M overall, but that was a fluke - and I'm between 50th and 100th place. So at least 10-20% of players earn more than me. I have 26M in the bank ATM so I assume the majority of those players have more, probably much more than that. And money ain't everything. I have hundreds of gold tempers, about 1K of each flower, and also a lot of purple cooking ingredients. If I sold those I will be looking at 20M+.

I don't farm anything on purpose, just harvest nodes as I go by, get hireling mail, daily writs, and I collect the surveys once a month when I have plenty of them to be more efficient. Had I farmed nodes, motifs and overland set gear to sell it, or checked marginal guild traders to resell at more well placed ones I would have had hundreds of millions as well. But would have served no purpose, since there isn't anything I can do with that much money, as economists say, it has a marginal value that approaches zero. I see the guild traders more like an inventory management function, since I only sell surplus that won't fit in my bank on my storing characters, and, in the case of gear, duplicates or sets I will never use or I can re-buy later cheaply.