Goldfarming Guide

xPhilip · Jul 27, 2012

Was very interesting guide, I'll probably try it out, thanks man. I'll post/pm if I have nay questions.

kmjt · Sep 4, 2012

Bumpity bump bump.

mustard2 · Sep 5, 2012

I might actually try this out in the future, but with the bot nuke coming soon, now may not be the right time. Nice guide though.

jmrogers · Sep 8, 2012

Just like to say, that was a genius guide mate : ) Thank you!

I'm at a point now where I'm making easily 50-100$/week through flipping and investing on Runescape.

But now after reading this, I really want to start up some VPS's

I've always known that bots have incredible financial potential, but it wasn't until reading your guide that I finally saw the practicality of it, as well as the many challenges and misconceptions that I could face.

I have a few questions for you:

1) Say I earned 2 grand/month (4-4.4B) through botting & flipping/investing, what money transferring service would you recommend?

- From what I've seen, paypal isn't really safe due to a high probability of suspicion on their part, as well as their ability to limit your account without warning.

- WI seems legit. However, I've heard that people have been interviewed if they're deemed suspicious. And what are the fees like?

- Alertpay seems like a way better option than paypal. The rates seem low, but in comparison to WI, what would you recommend?

And last but not least, how would one go about paying taxes on income that was earned through selling virtual currencies?

Is the government suspicious of such activities (rwt)?

For example, if you claimed you earned 20 grand through an "online business" would they investigate how you truly earned it?

From what I understand Jagex cannot punish you by law based on their TOS, they would only most likely ban you.

But if I payed taxes on this "online business", is there much reason to worry?

Last but not least, I live in Canada.

I appreciate you taking the time to respond : )
Thanks!