Ask Grave Anything (RS Gold)

[chaotic 2h]

ive sold my rsgp to 4rsgold.com and they're legit, do u know any other legit rs gold seller websites?

 

[win4fun]

So it seems like GP prices have dropped a ton lately, what do you think caused this change and where do you see it going from here? Just curious to hear your opinion

 

[X6S]

So it seems like GP prices have dropped a ton lately, what do you think caused this change and where do you see it going from here? Just curious to hear your opinion

There are two things that are causing this. People quitting due to Jagex MicroTransactions. Also there is rumours that a big gold hoarder dumped his gold after quitting really cheap. In a sense once Bot Nuke Part Deux happens i can see gold rising $.10-$.15. Only if new Items come out that are expensive or more rsgp is needed will the gp ever go back to what it was,

 

[Apith]

There are two things that are causing this. People quitting due to Jagex MicroTransactions. Also there is rumours that a big gold hoarder dumped his gold after quitting really cheap. In a sense once Bot Nuke Part Deux happens i can see gold rising $.10-$.15. Only if new Items come out that are expensive or more rsgp is needed will the gp ever go back to what it was,

Pretty sure Grave's supposed to answer it. But before anyone gets the wrong idea by what you said, you're wrong.

GP has been at a steady crash because of all the bots that are available. GP is reverting back to what it once was before the first bot nuke. Frost dragon bots played a rather big role. Not to mention how easy it has become to create and run a bot farm once again.

Nice of you to spread a rumor like that. You do know that loads more were sold before the first bot nuke. I mean 10's of billions (I'd put it around 50B+) were traded on a daily basis. I'll let Grave answer this himself... Think chinese though for the clue.

 

[X6S]

As i said a rumour..... for that but i sed botnuke needs to happen as there a main cause for it.

 

[Grave]

did sara (i think that was the chicks name that we all asked for pics) did she really quit or did she just say that so we would all stop asking for em hha

It was actually a guy, and a prolonged troll. He works for R2Pleasent now under Jason, unless he was fired there as well.

ive sold my rsgp to 4rsgold.com and they're legit, do u know any other legit rs gold seller websites?

I would personally stick to larger Sythe traders. You should, however, add Bluesky. Their Skype is somewhere on my site.

So it seems like GP prices have dropped a ton lately, what do you think caused this change and where do you see it going from here? Just curious to hear your opinion

Late reply. Obviously, down. The game is dying very much. I assume the prices will rise again at some point but that will be at a time where there's so little trade going on that it is simply harder to come by gold. It would be when everyone milks it so hard, there's nothing left and all the gold farmers move on to another game.

 

[funbox]

It was actually a guy, and a prolonged troll. He works for R2Pleasent now under Jason, unless he was fired there as well.



I would personally stick to larger Sythe traders. You should, however, add Bluesky. Their Skype is somewhere on my site.



Late reply. Obviously, down. The game is dying very much. I assume the prices will rise again at some point but that will be at a time where there's so little trade going on that it is simply harder to come by gold. It would be when everyone milks it so hard, there's nothing left and all the gold farmers move on to another game.

random question, if you where making so much money off flipping gold then why did you stop? I saw you state that you don't want too because you don't need the money, but it's like you're not taking advantage of your opportunity?

 

[amiiros]

can you anser me its gone more then a week now, you were gona refund me full payment and now you igoring me, can you reply me back??????? you are the owner of fragvps, start to read the tickets, you keep closing it, i just want my refund. i have tryed to pm you, but its full!!

 

While registering company in poland for trading RSGP it counts itself as 'No material goods' and has 23% vat for it from your selling price. Have you got any alternatives how to register this company to make it Selling price - Costs = Profit - 23 % vat?

 

[LV DON]

your inbox is full so I will paste my message here, if you could get back to me as soon as you can I'd appreciate it

Hi, I am interested in purchasing your business.

I am willing to pay you an undisclosed amount that you want , I understand that a lot of time has been invested on your behalf building up the business to what it is today, but I've heard it's not what it used to be there are a lot of sellers selling gold but none of them have the complete package or a market edge.
If you are interested I would like a price for the following
- rsultimate.com with domain hosting full rights site up and running ( with a few changes and addition of paypal payment acceptance etc. )
- advertisement
- bulk gold / sellers who I can buy from around 100B rs3 and 5B 07 gp
- 1000 30 day membership cards ( paying in cash but at bulk rates )
- your vps business with set up explanation.
- I also need reliable workers whom you must find but I will be paying you the finders fees
- I will also need a run down on how legal liabilities , tax implication etc work

I am serious about this , I have significant IRL funds which I don't think any other gold seller has close to.
This for me is more of a hobby rather than a business.

Payment can be however you like , bank transfer from the UK is probably most convenient , I am even willing to fly over and meet you in person.

Thanks for your time, I hope you decide to sell
MONEY IS NOT A PROBLEM WE CAN NEGOTIATE

cheers

 

[Grave]

random question, if you where making so much money off flipping gold then why did you stop? I saw you state that you don't want too because you don't need the money, but it's like you're not taking advantage of your opportunity?

It requires a lot of work to manage the business, and I don't feel like doing it at the moment.

can you anser me its gone more then a week now, you were gona refund me full payment and now you igoring me, can you reply me back??????? you are the owner of fragvps, start to read the tickets, you keep closing it, i just want my refund. i have tryed to pm you, but its full!!

Go ahead and give me the PP transaction IDs here and I can process the refunds.

While registering company in poland for trading RSGP it counts itself as 'No material goods' and has 23% vat for it from your selling price. Have you got any alternatives how to register this company to make it Selling price - Costs = Profit - 23 % vat?

You should just start counting in the VAT prices in your calculations. Whenever I sold to European customers through certain methods I did that, since the processors were based in Europe and charged me that.

- rsultimate.com with domain hosting full rights site up and running ( with a few changes and addition of paypal payment acceptance etc. )

Not sure if you're serious about this, but I'll go ahead and just answer it here.

I would sell that for $10,000 at the moment, as-is, or $15,000-20,000 based on how much of my starting management/guidance you would need. The last month, before I left it, we made about $6,000 so you should be able to make a return profit quickly. We have a mailing list of old customers, and our website still gets daily visitors who leave offline messages attempting to purchase gold.

- advertisement

Not sure what you mean by this.

- bulk gold / sellers who I can buy from around 100B rs3 and 5B 07 gp

Go ahead and read the guide on my website. I'm pretty sure I disclosed our partner's Skype.

- 1000 30 day membership cards ( paying in cash but at bulk rates )

I don't know anywhere with bulk rates, unfortunately.

- your vps business with set up explanation.

Closed it this week. It's heavily advertisement based and requires a lot of effort in answering tickets. I can show you how to do everything to where you would make a few grand a month off of it and I would sell it for about $5,000.

- I also need reliable workers whom you must find but I will be paying you the finders fees

Have two ready, who can cover 2/3 of the shift.

- I will also need a run down on how legal liabilities , tax implication etc work

Sure.

 

[KELDEO]

How would you reccomend getting into large sales starting from scratch?
I'll probaly be doing something small to start like upgrade sales until i get vouches

 

[amiiros]

Go ahead and give me the PP transaction IDs here and I can process the refunds.




Sure.

[email protected]

 

[Life Dealer]

Was running a gold company a side business/hobby for you or was it something of a full time thing (make a living)?

 

When I had a gold shop, we lost more than 1b in chargebacks. We lost all profit and all money.

When we tried contacting paypal, they accepted the chargeback immediatly... So they were against us even if we called them.

Is there a way to prevent those? If i sell through a website, what should i include so they cant chargeback? Is there any great ways to be safe?

Thanks

 

[Uncle Sam]

Do you believe the demand for RuneScape Gold and other commodities are declining?

Uncle Sam

 

[Grave]

How would you reccomend getting into large sales starting from scratch?
I'll probaly be doing something small to start like upgrade sales until i get vouches

Build up your reputation, just as you explained. Then start doing a few bulk trades to get the hang of it, and so you don't lose money from customers charging back. Once you're more comfortable with it, start learning about payment gateways, making a website, etc, and plan it all out.

[email protected]

I'll take a look today and give you the refund.

Was running a gold company a side business/hobby for you or was it something of a full time thing (make a living)?

It was a hobby in the beginning, but turned into a full-time thing in 2011. I think it was because I got older and I actually looked at is as a business rather than a hobby, which I did during the earlier times since I actually played Runescape. Near the end, it was becoming too much. I had the choice of either closing the business or stopping school. I guess I could have taken less classes, but I just stopped everything, moved on, got a house, and now I'm just retired for the time being.

When I had a gold shop, we lost more than 1b in chargebacks. We lost all profit and all money.

When we tried contacting paypal, they accepted the chargeback immediatly... So they were against us even if we called them.

They're usually very against sellers, as the buyers are what really keep PayPal going. Sellers have to put up with their shit. In your case, I'm assuming the chargebacks were legitimate which is why you continuously lost. You need to take more security precautions for larger trades.

Is there a way to prevent those? If i sell through a website, what should i include so they cant chargeback? Is there any great ways to be safe?

Don't give in. The number one cause of chargebacks is you. If someone continuously buys through PayPal, tell them to use another method until you can trust them more as a regular customer. You need to have limits. People who chargeback will try whatever they can to get you to sell them more. "Oh, I'll pay you more," or "come on man I've been buying a lot from you." That's the first step: don't give in. Then, have a set up security precautions that you absolutely follow yourself. Do calls, get IDs, etc. Find the best line in between inconveniencing customers and staying stay.

Do you believe the demand for RuneScape Gold and other commodities are declining?

Uncle Sam

Yes. It's always a downward spiral for any game. The developers never put in anything to stop mass farming or to get rid of the gold in game so inflation happens. That combined with the game itself dying puts the answer at a definite yes.

 

They're usually very against sellers, as the buyers are what really keep PayPal going. Sellers have to put up with their shit. In your case, I'm assuming the chargebacks were legitimate which is why you continuously lost. You need to take more security precautions for larger trades.

Would a TOS before buying the gold would help? What information should i know off them to have more security?

 

[Grave]

Would a TOS before buying the gold would help? What information should i know off them to have more security?

I have a guide somewhere on my website. Should be the first few results if you look up RSUltimate.

 

[amiiros]

I'll take a look today and give you the refund.

its gone 3 days you there????