Dang, now where am I going to run my future gold-farming operations?

Well, thats one less economic string that ties the US to china right?

Will this end the countless amount of spam and crappy adverts i see and receive every single day?!

And hats off to China for doing this, like my father told me "You want something, you have to earn it"

They didn't ban gold farming or gold selling, they banned gambling with it and forbid minors from buying it. They also prevented people from trading in game money for real world toys. Nothing in there about not buying or selling as an adult though.

Wow, something useful out of this internet block.

Ranooth:
And hats off to China for doing this, like my father told me "You want something, you have to earn it"

You earn money, which you trade for stuff. If trading money for goods isn't earning, by your (or your father's) logic, you would have had to build your own house, car, and dog in order to have earned them.

CantFaketheFunk:
But--but my Traveler's Tundra Mammoth!

:(

If all else fails you can roll a level one Draenei woman and get gold that way?
I hear you can farm about 250 gold an hour that way, more if you're really good.
I can't believe I said that and I hate myself.

I sort of get the thought of an armed Policeman kicking down a door and discovering a room full of goldfarmers, yelling: "Your account has been suspended!" before opening fire.

Ranooth:
Will this end the countless amount of spam and crappy adverts i see and receive every single day?!

And hats off to China for doing this, like my father told me "You want something, you have to earn it"

Good point. I hope so, I'm sick of missing something someone's said to me because a massive block of spam has been syringed into general chat.

I've been thinking of getting back into WoW before it dies. This is one more thing that suggests that I should.

AmrasCalmacil:

CantFaketheFunk:
But--but my Traveler's Tundra Mammoth!

:(

If all else fails you can roll a level one Draenei woman and get gold that way?
I hear you can farm about 250 gold an hour that way, more if you're really good.
I can't believe I said that and I hate myself.

I sort of get the thought of an armed Policeman kicking down a door and discovering a room full of goldfarmers, yelling: "Your account has been suspended!" before opening fire.

That's nightelves, no one wants face tentacles or the tail.

Lamppenkeyboard:
I've been thinking of getting back into WoW before it dies. This is one more thing that suggests that I should.

You're 2 expansions too late then.

There's something just not right with the phrase "virtual money trade" - I just cant see it as a company or something.. it's just too bizare a business. Physical, valuable money for imaginary money in a game.. good trade...

AmrasCalmacil:

I sort of get the thought of an armed Policeman kicking down a door and discovering a room full of goldfarmers, yelling: "Your account has been suspended!" before opening fire.

Thats blizzard's plan for 2010, they're legal teams have already given them the right to storm houses of anyone who violates the terms of uses agreement and terminate them, they're just working on hiring the armed goons now.

But, now wows economy will screech to a halt. Don't they realise what they've done! It will go into a depression not seen since the 1930's. (Note, I only use that as an example because I can't think of any major depressions in WOW's history.)

Aww, I like stealing the mined resources from the Chinese farmers in Eve. The guard ship opens fire on me, I destroy it with my better ship/skills.... It's a fun game.

HOOOOOORAY!

Now wow wont be spammed by goldfarmers ALL DAMN DAY.

Of course, Im not sure why im celebrating, I gave up WoW 4 months ago

I'm interested in finding out how the state plans to enforce this.

I just don't see this having a huge impact anytime soon, because it seems very easy to duck if you're a gold seller.

I think it's still up to the game manufacturers to provide the most effective means of preventing spam and killing seller accounts.

Seriously, wow.
That's a very bold and informed move from China there.

I'll be damned before i let my gold farming asian go home..

YES!!! YES!!! YES YES YES YES YESYESYESYESYESYES YEEEEEESSS!!!

*parties until the break of dawn*

The_root_of_all_evil:
Seriously, wow.

OMG LOL I see what you did there.

Awesome! I never thought I'd be saying this, but:

Ya done good, China.

asinann:
They didn't ban gold farming or gold selling, they banned gambling with it and forbid minors from buying it. They also prevented people from trading in game money for real world toys. Nothing in there about not buying or selling as an adult though.

article:

"The virtual currency, which is converted into real money at a certain exchange rate, will only be allowed to trade in virtual goods and services provided by its issuer, not real goods and services,"

Virtual currency is now only exchangeable for virtual goods, not real goods/services. IE you can't exchange WoW gold for real money.

Hats off to china, the censorship actually hit onto something useful for once.

Link Kadeshi:
Aww, I like stealing the mined resources from the Chinese farmers in Eve. The guard ship opens fire on me, I destroy it with my better ship/skills.... It's a fun game.

I know someone who would do this to the farmers in WoW, but your right, it IS funny.

This will reduce spam for a little while, but now people outside of China will be able to move in and start the spamming all over again.

guardian001:

asinann:
They didn't ban gold farming or gold selling, they banned gambling with it and forbid minors from buying it. They also prevented people from trading in game money for real world toys. Nothing in there about not buying or selling as an adult though.

article:

"The virtual currency, which is converted into real money at a certain exchange rate, will only be allowed to trade in virtual goods and services provided by its issuer, not real goods and services,"

Virtual currency is now only exchangeable for virtual goods, not real goods/services. IE you can't exchange WoW gold for real money.

Hats off to china, the censorship actually hit onto something useful for once.

Notice how it said "which is coverted into real money at a certain exchange rate"?

That means it can still be bought and sold, but can only be used after purchase for things in game. Otherwise the companies that sell their own currency wouldn't be able to sell their own currency any more either. They aren't going to kill a multi-billion dollar industry just because a few corporations ask them to, it's bloody China. The country that just told the largest computer manufacturers in the world that the Chinese firewall will come pre-installed or they can't be sold there, and stuck to it.

asinann:

guardian001:
-Snip-

Notice how it said "which is coverted into real money at a certain exchange rate"?

That means it can still be bought and sold, but can only be used after purchase for things in game. Otherwise the companies that sell their own currency wouldn't be able to sell their own currency any more either. They aren't going to kill a multi-billion dollar industry just because a few corporations ask them to, it's bloody China. The country that just told the largest computer manufacturers in the world that the Chinese firewall will come pre-installed or they can't be sold there, and stuck to it.

That refers to currently. it is being converted at an exchange rate, this will stop that exchange rate.

Before:
X fake $ = Y Real $
Gold farming = profitable

After:
Infinite fake $ = 0 real $
Gold farming = gone

The only reason the government of China is doing this is so that Virtual currency will not be exchangeable for Real currency. They are stopping the exchange rate. The virtual currency will be redeemable for virtual goods provided by the company who controls the virtual currency, but will not be redeemable for Actual money by outside corporations.

The company controlling the currency may (not sure about this) still be able to exchange it for real money, but outside corporations (the gold farmers) will not.

So it ends gold farming. See how that works?

xmetatr0nx:
There is something so ruthlessly efficient about china sometimes, i love it.

More like ruthlessly controlling

Isn't this bad for their economy, though?

Cortheya:

xmetatr0nx:
There is something so ruthlessly efficient about china sometimes, i love it.

More like ruthlessly controlling

Hey, sometimes that's the best way.