well currently iv started buy thos and that to stockpile and getting my glyphs sorted out.
I was chatting away on vent with my guild, were very close good friends, they know i earn lots, i have trusted them with thosands of gold worth in items when tradimg cross faction and i trust them alot.
so were talking on vent and i mentioned that the 2 passonger flying mount in recruit a friend is coming out and i had wanted to buy it as a gold sink. well i joked that id pay one of them 20k gold for one of them to buy a new coppy of the game and allow me to recruit them, aswell they would have to buy 60 days of play time. And just like that i had 3 people interested (well 1 and a couple) so this got me thinking. Seeing as they are paying real world cash for 'unreal' objects. This is somthing im personaly not into, i dont plan now nor ever buying ingame items for money. But from these peoples enthusasm was amazing, one said to buy 20k gold from a gold site it would cost X so your saving money! One mentioned that he would of accepted for less!!! So i was planimg on burning 30-50k on this mount as a gold sink but now i could get it between 10-20k. This is amazing i was thinking about how i could get a cheep goldsink.
But then the next thing that hit me, it was that buying the first 30 days gifts me 30 days aswell! Now im paying 10-20k to get a mount + 30 days of play time. Infact forget the mount, i can buy time to play this game without having to pay real money, why?
Because gold drives people.
By exazaming this we can see the value thay people place on gold. Gold is worth money as it is holds all aspects as any other good that is bought or sold. People play WoW and it is part of their life trading money for in game gold for somthing that they feel they need or more accuratly want. This is just like any other want, it can be satifyed by limmited means and results with an optunity cost. Though in a normal situation (in real life) people do not have to be (very) skilled to earn enough to live on. People can 'grind' 10 hours a day in an unskilled job and then come home and 'grind' for another 2 hours on WoW to get that epic flyer. While a skilled bussness man can 'work' an 8 hour he must still come home and 'grind' for his epic mount aswell. The skilled man must spend the same ammount of time to grind his flyer as anyother doing dailys. While in the real world being a skilled worker means better pay (usaly). The difference about world of warcraft is that your limmited mean is only time, yes to somewhat dregee skill comes into play but with time (nearly) every player can become skilled. Real world money can not buy anything in game, so everyone would be equall if they played the same ammount of hours (removing luck and considering everyone is equally skilled/smart).
so forget the mount for a second, I can get WoW time for in game gold, to a dregee. I could easyly put in the time to make 10k gold a month and neber buy game time eber again, thay would be cool.
Its interesting to see people put a money value on an ingame item and they do that because it takes time to grind an epic flyer or time to get gear to kill the lichking to get that item. These people want to trade money to save the time it would take to get that gold. Since a bussness man can earn great $ per hour he can spend more time at work, and spend some of that on buying gold so he dosnt have to farm for 10 hours or what ever, in turn he 'saves' time while i gain somthing i want/money.
Im interested to see if i can get this to work, ill keep you updates.