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To: PittsburghAfterDark

I just checked a gold buying site for Warcraft.

The price of 1,000 gold when I quit playing was about $20. It’s now $7.24.

That’s how much the value has depreciated in just 7-8 months.


9 posted on 11/15/2009 10:10:13 AM PST by PittsburghAfterDark
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To: PittsburghAfterDark

I don’t play any of these games, but one of the most interesting ones to me (economics-wise) is Second Life, where instead of selling you “Linden dollars” directly they try to match up buy and sell orders, like a real currency exchange.

https://www.xstreetsl.com/modules.php?name=Currency&file=orderlist

I remember reading articles that there were anecdotal reports and official concern that these kind of virtual currencies could be used for money laundering (using fraudulent credit cards, I suppose; the Second Life company tracks your CC info, I think).


12 posted on 11/15/2009 10:51:13 AM PST by fours
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