Popularity

Hey guys ChillBilly here.

I just wanted to put in a little blog entry about the way things are as it stands. We started just a few months ago. I purchased the domain name on a whim, that if I could get at least 10 viewers, at least I would be able to show the world what I know about game economies. It started slow. At first it wasn't clear if we were going to be a success or not. There were already other websites that were very successful in guides on characters and skills, but none that focused on the economy. It's a little intimidating to step up to bat against the pros. So I released a few videos about World of Warcraft Gold making.

Not long after, we began to get a few followers. I focused more on the newsletters from our site. We obtained a few extra programs to help it along. We now have 90 subscribers to our newsletter, 40 subscribers to YouTube, and over 100 views a day to our website.

Some may not see this as uber successful. I see it as a good start. So we have our topic. We have our support from the community. We just need to refine our craft.

I will be updating the website in the next couple of weeks. Fortunately, I do have a great bit of knowledge on websites, so we aren't too much in the dark. I have been receiving a lot of emails requesting message boards. Our new website will have a forum. That ticker you see reaching across the screen will have a clearer message. All will be well.

I appreciate anyone that takes the time to read what we have written. I especially appreciate the people who have taken the time to sign up for the newsletter. I also especially appreciate our silent sponsors. Without all of you subscribers and sponsors. We would not be able to make this possible.

Thank you again.

-CB

TGG News and Announcements

Hello Gold Goblins!

ChillBilly here bringing you some news regarding Tamriel Gold Goblin and Elder Scrolls Online!
Our last installment of our newsletter has said to have been the best one yet. If you have not signed up for the newsletter please do it now! Lot's of good information in that newsletter.

We are moving forward as scheduled in a whole mess of activities. The NDA has finally dropped so be on the look out for some cool informational videos on trading in ESO! Mostly Harmless, a guild for the Daggerfall Covenant has invited me to talk in a podcast February 22nd at 7pm EST. You can find that podcast here:

http://www.twitch.tv/mostly_harmless_gaming

Come out and support me! I greatly appreciate it!

Before we move any further, I would just like to thank all of my followers. You have been extremely supportive, and the comments and messages I have received are heart warming. I am so glad that this service is not a complete waste and people are finding it helpful. I appreciate the wonderful feedback and look forward to more and more of it in the future. Good or Bad! :)

Moving on, A new service for Tamriel Gold Goblin is a free trade network teamspeak. You guys are more than welcome to use this free of charge. I have set it up personally on one of our servers for the time being the address is just a static public address but it should change over into a domain soon. If it updates I will update you. You should be able to access it through the IP at any given time.

That information is here:

Tamriel Gold Goblin Trade Network
199.68.232.126

Go ahead and bookmark that today. We will be holding live auctions and much more.

In further news, I have finished the first part of the sql server that will replace the ticker information on the website. It has been a long complicated process, but soon it will showcase the Average Market Price of the Commodity items throughout Tamriel. We look forward to more of that now that the NDA has come to close.

Are you in a guild? Run a guild? Officer in a guild?

Be sure to comment with your guild information below. I want to come interview you. I want to know what you are about. I won't be joining, but as a spot filler until release, I have been doing some guild reviews and posting them in several places. Let's get you some exposure.

Some New things:

New YouTube Channel:
http://www.youtube.com/user/ChillBillysauce

Entertaining videos made out of shear boredom.

-CB

Alternative Currency for ESO?

As we all know, The Elder Scrolls Online uses a megaserver. I don’t know the technical jargon behind this, but the end result will be every pc and mac user being able to interact and trade with each other. In other MMOs with such a large player base, gold sometimes becomes a useless currency for high tier items. This is primarily due to the lack of ways for gold to leave the game economy. In these instances, the new currency (such as Chaos Orb in Path of Exile) is valued equally to each player.  Other games such as Guild Wars 2, have had almost no inflation, and players haven’t adopted an alternative currency. With Guild Wars 2, there is a tax on certain player transactions, removing gold from the game’s economy. It also doesn’t hurt to have economists on staff to help maintain the game’s economic balance.

I don’t think Zenimax Online Studios has, or is currently looking for any economists unfortunately. After an extensive search, I found a few LinkedIn profiles, dozens of job postings, even Matt Firor’s phone number (don’t worry Matt, I won’t be prank calling you). But not a peep on if they have anyone qualified to monitor and manage ESO’s economy.

If ESO does end up having a ton of worthless gold, what items should you look out for? From what we’ve heard so far, and provided that the in-game items and crafting system is similar to past Elder Scrolls games, speculation is possible.

Certain tier of gear? Possibly. Without hands on experience in deconstructing equipment, we have no way of knowing the nature of the items you can acquire this way, their abilities, nor their rarity.

Crafting material? Possibly. Additives are these mysterious items that are an optional ingredient to craft gear with, but we effectively know nothing about them. There have been interviews with Nick Konkle and Paul Sage talking about them in the past, but no updates on how they might have changed, or the specifics on the items themselves.

Other crafting materials? Not a chance. The normal ingredients such as ore, or alchemy ingredients are going to be those things you trip over every ten feet. They’re also the kind of item gold farmers will find a way to exploit and sell for gold, and then sell for money.

Glyphs? Not likely. In case you’re not up to speed on what glyphs are, glyphs are the items crafted in the Enchanting skill line. They are items with an enchantment on them, and when used, transfers the enchantment onto a piece of equipment. While glyphs are a crafted item, giving them potential to become a currency, enchantments can be recharged (at least in past TES games) using a soul gem. With that in mind, soul gems are much more likely to become a currency item.

Soul gems? Likely. If soul gems are indeed used to restore charges onto enchantments, they gain value since everyone will desire them. With the exception of glyphs, everything else listed do not have equal value between each player. Soul gems in past TES games such as Skyrim also have a very high gold to weight ratio, making them highly valued as loot.

I thought about adding horse feed to the list, but decided not to. When Matt Firor talked about horses, and feeding them at E3 2013, he made it sound like there are only have two or three different types of food to feed your horse. It is possible, even probable, that there will be different rarities for these items with increased effects, yet I am not convinced there is a chance they could become a currency in ESO.

That brings my speculation on the subject of alternative currency to an end. If you’d like to weigh in on this topic, please post in the comments below.

I’ll leave you gold goblins for now, with a quote to ponder:
"The man of knowledge must be able not only to love his enemies but also to hate his friends."

- Friedrich Nietzsche

Experimentation

As with many ventures of mine, I have a great deal of experimentation to undergo when pursuing new avenues. For the first time in my life I am following through with an idea that I have had. Many times, and I am sure many can sympathize with me, I have picked something up for a few days. Only to drop it and move on with my life. However, this idea is different. I find myself wanting to do more. I find it almost intoxicating.

Blogging has never really been a very important thing for me to do with my online free time. I find myself eager, and wanting more lately. With a few friends and some non-mentioned alcoholic beverages, we discussed the possibility of stock markets on the outside of MMO games. Where players, that either could not play the game, or could not make money inside the game, could still get a piece of the action.

Many people out there, are unable or otherwise don't care about money markets within MMOs.
It is something I love. I spend on average, about 10 hours a week to gold management alone. That's not counting my PVP and my "Ironforging time."

So what to do with all of this useless information that I have accumulated over several years? Sell it? Share it? Keep it to myself?

I couldn't look back on my wasted life and say I did nothing with the knowledge. I have decided to share it.

So my friends and I will be sharing with you, all of our secrets in the months to come. Hopefully, with any luck, we will have fun along the way.

Welcome to The Tamriel Gold Goblin.

I am your host. ChillBilly.

Good to have you.