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The Goof's guide to get rich quick schemesFollow

#1 May 15 2004 at 12:46 AM Rating: Excellent
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Okay because everyone is constantly probably trolling these boards for 'em...there they are, and these are all the methods I know. Most of the population of Vana'diel already know this, so don't look at me like I'm giving away any secrets to money making. This thread is merely a compilation of every get-rich-quick-scheme I've heard of or tried... needless to say while it works to some extent, you begin to question whether it's worth it or not after a while. So live and learn...then get a clue... but here they are if you wanna try 'em.

1) Rank Retail

Origin: JP players seen by the cooking guild in Windurst AFK bazaaring what seems to be common ingredients that don't really sell for a whole lot (to be honest).

Confirmation that it works?: ~60%

What is it?: Rank retail is my own name for this little game I noticed some of the JP players play overnight with AFK bazaars by the cooking guild...or any other guild for that matter. What they do is sell items at or above the guild price...items that are typically sold out on a regular basis and in high demand. Why do they do this? Rock salt... faerie apples... bird eggs...all sold for merely 20 or so g above the cost I know I can find them for in a vendor shop in the same country even! HOWEVER... if you pay close attention, they fill every one of their inventory slots up with this junk, then sit down and bazaar it all overnight. Think this is pointless and stupid? Well they seem to sell out of the stuff fairly quick...so let's say you buy rock salt for 19g in San d'Oria...then sell it for 30g using up 40 slots of your inventory with full stacks. (assuming this is your minimum). 11g is the profit made, x12 per stack, x40 for all the inventory slots used... ~5k profit from the whole sale... not too impressive, but they also were selling some items 40g and 50g above price. Let's see... 40g profit per sale, x12 x40 ~ 19k profit overnight! Again I don't know how reliable this really is, but it seems to work and I ALWAYS see these people outside the cooking guild. Needless to say I've bought a few items from them out of pure laziness and since most of the items were actaully more in the guild and the only other way to get them was to travel far and wide...so it was convenient,... and clever.

The ugly: I dont' really want to try this...since there's already a form of competition (in the form of those lunks sitting outside the guild) and I don't want to blow tons of money on crap ingredients and take a chance at it. For one what will I do with all the stuff in the morning? I barely have any room in my mog house...it's worth a shot if you wanna try it, but since I've only seen JP do it, I can't really tell.


2) Train pharming

Origin: Watching people train bees in hordes within Giddeus.

Confirmation that it works?: ~90%

What is it?: I've tried this... it works pretty well if you have the patience. You'll often sit however regenning MP to recast those AOE spells...and it probably works best with a BLM main and THF sub...but the bees in giddeus link. Meaning you can poison one and run through the area linking them all together. Beehive chips drop very commonly with them, and both honey and chips sell for ok prices on the AH, not to mention fast. Also, if you want to add in training yagudos and desynthing the necklaces, that'll add some tiny profit to the chips. I've made about 14k an hour off this but it gets incredibly boring, and drops aren't consistent, so you may not always get what you want...and waiting for all those bees to respawn is a taxing process.

The ugly: Waiting, and sitting, and waiting some more...and getting bored... farming for me is like waiting for an NM to spawn... boooooooring.


3) Onoes mining!

Origin: Checking AH prices on mining goods

Confirmation that it works?: ~50%

What is it?: I've had many friends who mined... and exclaimed with joy when they got those plats... I also listened to them gripe about how long it took to sell them, or how the price was plummeting -again-. Also the good ores that sell for good money are much rarer, and of course, there is always the people you end up competing with within the mines.

The ugly: Hordes of trolls, an insecure market for get-rich-quick wannabes, make me not even willing to try this. While you may -find- what is worth 20k an hour, you'd probably be able to make more money any other way much faster.


4) Growing money

Origin: Many gardening threads

Confirmation that it works?: ~30%

What is it?: You'll hear many people brag about how they made 2mil off tree cuttings and saplings... believe me this is another one of those one-in-a-million expenditures. Tree plantings cost a ******** of money and also take a long time to grow... about 10 days if i'm not mistaken. Also your chances at getting these magical money drops are not common and are all in luck. You probably can make a killing off it...but I wouldn't gamble the money to grow 'em and find out myself.

The ugly: Seems appealing, until you're popping zinc ores out of a pot for a cost of a bajillion k. K maybe not literally but you get the idea. Go for it if you like and prove me wrong.


5) Notorious Monkeys

Origin: Everywhere

Confirmation that it works?: ~99.9%

What is it?: Oh it works... camp an NM for 2 weeks straight for that 300k drop and sell it.

The ugly: Camp an NM for 2 weeks straight and get beat to the punch every time by billionaire lvl 75 JPs who probably have 50 copies of the item already.


6) Fish heads

Origin: Everywhere also

Confirmation that it works?: ~90%

What is it?: The cheapest craft to level and also the most profitable at higher levels... all you do is find a fish that sells for a lot of money at an NPC shop or the guild and sell it right out...don't even bother with the AH.

The ugly: This will work, I know for a fact, I have seen it turn people into raving millionaires... but they also took the time to work up a lu shang's rod to get there. Without the lu shang, it's about half as efficient as it could be...which isn't bad but... here's the other problem. Do you have the patience to spend several months levelling fishing? Let alone get the lu shang's for 10k moat carp?


7) Craft n' Grind

Origin: Look around most AH'es and you'll see someone crafting

Confirmation that it works?: ~80%

What is it?: Being a high level cook, crafting is more of a hobby than a get-rich-quick scheme, however depending on the market status and what you're crafting, this may or may not be a get-rich-quick oppurtunity.

The ugly: Goldsmithing will make you a regular rockefeller, but at a cost of 2mil gil or so to get that kind of skill good luck getting there in the near future. Cooking isn't profitable unless you HQ more than 60% of your synths, clothcraft is questionable as to how profitable it really is, and the others really don't get enough light shed on them to confirm anything furthur. It will cost a lot of money to level a craft, only to most likely disappoint you unless you go past the lvl 60 area.


8) Fool's gold

Origin: Every now and then I'll see a funny bid on the AH like this...

Confirmation that it works?: ~20%

What is it?: Camping items on the AH that sell relatively quick and are often undercutted to extremes by desperate sellers. What you do is bid a ridiculously low amount on an item like, say... a monster signa or astral ring. You may see some flukes (seller) -> (buyer) 1000g sold an astral ring ... believe me.. these are also one in a million. People may tell you to camp the crystals and bid low and sell high... this also is pure luck. Personally I would have to say that in my opinion these people that claim to have become wealthy were lying, since 1) They never have anything on them that shouts "I'm rich!" and 2) because if you think about how often someone actually does throw out a bid that low... it really isn't worth the time at all.

The ugly: Very rare and far between...best left as a try once in a while and maybe you'll win the lotto.


9) Moat Carp

Origin: Since every other fisher out there is fishing for moat carp...

Confirmation that it works?: ~50%

What is it?: Moat carp are a very low level fish that you can catch for skill ups until about lvl 11 and they also sell pretty well for such an easy to catch fish. You can get them pretty much anywhere with a composite or carbon rod and insect paste (very cheap if you can cook, and still cheap to buy). And won't require much travel either!

The ugly: Honestly the gil per hour on the carp isn't as satisfactory as it could be. Sure they go for 4k a stack which isn't -horrible- but once you see how long you wait to catch any you'll probably go back to farming. I'd actually say I made more money selling the paste I made than getting the fish with it.


10) Teleport Taxi

Origin: A couple WHM charging exorbitant teleport prices in Jeuno

Confirmation that it works?: ~50%

What is it?: Advertising your WHM ability to crag warp for a nominal fee of 500g-1000g. Warps are always in high demand so it's not hard to see that 10k or more an hour isn't just a fairy tale

The ugly: You can't rely on it...some people will always be offering it for 500g or free, so if you want to charge more, just expect that there will always be an alternative around that'll offer less than you, or in most cases people have mid-level WHM friends to warp for them. So while it -sounds- like a good idea, and will make some spare change, you won't get uber rich off of it.



11) Gambling

Origin: Someone shouting an offer for a gambling game in Jeuno

Confirmation that it works?: ~10%

What is it?: I thought this one was kinda funny...someone in Jeuno shouted explaining this game where you bet a sum of money, give it to the person running the game, and then roll a /random. If you roll over 600 (standard) you get double your money back, at 970+ you get triple back.

The ugly: I'd be careful with this. I'm not sure if it's against the game's terms of service but if it is you might get some people GM Callin on you fairly quick. Now the guy who was running it was being pretty honest about it...if you won, you won, if you lost, oh well. But that was when I bet maybe 10g just to pick his interest a bit... I don't know what someone would do if they bid 100k and won...or if he had the money to give. Now even if this is OK by the player agreement, again...theres always that option that you might lose on someone's big bet and be out 10k just as quickly as you might gain 10k... and that of course all depends on whether or not someone is willing to play. I won't touch this with a 10 foot pole, but I thought it belonged here.




That's all I can think of right now...if anyone wants to add something, no matter how ridiculous it sounds, feel free. Peace.

Edited, Sat May 15 02:01:23 2004 by QHeretic
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#2 May 15 2004 at 1:54 AM Rating: Default
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Very nice and creative :). Personally, I get some nuthead selling something at a small price to get their items sold. At least 4-5 times daily I get stacks of bat wings or fire crystals at 100gil!
#3 May 15 2004 at 1:58 AM Rating: Decent
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An excellent straight forward cut and dry post!

The only things I can think of adding is the Crazy Crawler Run farming silk threads and camping copper from the Smithing and Goldsmithing guilds in Bastok. Buy all the ores up for 10-20G and sell them for 50-100G. I have seen it done over and over, and every time it annoys the heck out of me.

I can also comment on selling Teleports. Teleporting for money all depends on town and time of day. Jueno has a lot of competition but is the best market so you have to be quick. The best time so far has been NA prime time. Although you only really make good money at it porting 3-4 people at a time or you're better off farming silk.

Hope that helps.

-Noz
#4 May 15 2004 at 12:44 PM Rating: Decent
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Good post i thought. Just my 2 gils.

and rated accordingly.

(look forward to more good posts)

#5 May 15 2004 at 1:07 PM Rating: Decent
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Some of it is quite off though. Moat Carp, for instance, when your fishing skill level isn't low, is very profitable. I'm level 44 fishing and I would make about 8 - 10 catches off a stack of insect bait. Usually this is about 80% moat carp, 15% tricoloured carp and 5% gold carp. Using this method I can make about 20k an hour or more, which isn't bad. Similarly, teleporting in Jeuno at prime time NA (think Saturday late afternoon - late night) netted me over 100k and after 3 days (not all day mind you) I managed to afford my first Astral Ring (200k on Seraph! Rip off!)
#6 May 15 2004 at 1:57 PM Rating: Decent
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Quote:

11) Gambling

Origin: Someone shouting an offer for a gambling game in Jeuno

Confirmation that it works?: ~10%

What is it?: I thought this one was kinda funny...someone in Jeuno shouted explaining this game where you bet a sum of money, give it to the person running the game, and then roll a /random. If you roll over 600 (standard) you get double your money back, at 970+ you get triple back.

The ugly: I'd be careful with this. I'm not sure if it's against the game's terms of service but if it is you might get some people GM Callin on you fairly quick. Now the guy who was running it was being pretty honest about it...if you won, you won, if you lost, oh well. But that was when I bet maybe 10g just to pick his interest a bit... I don't know what someone would do if they bid 100k and won...or if he had the money to give. Now even if this is OK by the player agreement, again...theres always that option that you might lose on someone's big bet and be out 10k just as quickly as you might gain 10k... and that of course all depends on whether or not someone is willing to play. I won't touch this with a 10 foot pole, but I thought it belonged here.


I just have to put this. I did some math. Assuming dice rolls are totally random, and the range is 000-999, you have 1,000 numbers to roll.

000-599 = 600, or 60%
600-969 = 370, or 37%
970-999 = 30, or 3%

Assuming you bet 100 gil 1,000 times, you will, in theory, hit each number once. 600 of the numbers will get you 0 gil. 370 of the numbers will get you 200 gil. 30 of the numbers will get you 300 gil. 0*600 + 370*200 + 30*300 = 83,000. So that's 83,000 gil back for every 100,000 you bet... a net loss of 17%!

Remember folks, the house always wins!
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#7 May 15 2004 at 2:38 PM Rating: Decent
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While I agree with your final result, your analysis is incorrect. The chances on 1000 roles of hitting each number exactly once are so remote they are less than 10 to the power of -99! I agree with your expected value calculation. This is a losing game.
#8 May 15 2004 at 3:08 PM Rating: Decent
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Yes, it is true the odds of hitting every number in 1,000 tries only once are astronmical (I put the odds are over 10 to the -300th power). But at least my point is clear.

/em goes to Lower Jeuno and sets up a 3-card monty booth.
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#9 May 16 2004 at 7:13 AM Rating: Decent
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Good thread
#10 May 16 2004 at 11:18 AM Rating: Decent
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Quote:
The only things I can think of adding is the Crazy Crawler Run farming silk threads and camping copper from the Smithing and Goldsmithing guilds in Bastok. Buy all the ores up for 10-20G and sell them for 50-100G. I have seen it done over and over, and every time it annoys the heck out of me.


It annoys me in Sandy also with the woodworking guild. Everyone enters the guild just befor it opens up. When it opens everybody buys out all the cheap lumber (arrowwood mainly for like 15 each or whatever the price is) and then sell it for a high profit on the AH. Arrowwwood was selling for over 2k a stack last time i checked. Us woodworkers are trying to buy the lumber from the guild for a cheaper price but nooooo were forced to buy it from the AH at like 10x the price.../sigh
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#11 May 16 2004 at 2:45 PM Rating: Decent
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Quote:
Yes, it is true the odds of hitting every number in 1,000 tries only once are astronmical (I put the odds are over 10 to the -300th power). But at least my point is clear.


Yes, the odds of hitting each twice is, in fact, 1:100!
(100! = 100*99*98...*3*2) = 1 in 9 x 10^157 =/. However, of course, by the law of averages, it still means that in the long run you will come out with 87k gained for every 100k lost.
#12 May 16 2004 at 3:16 PM Rating: Decent
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Good thread, however you seem to not like any of the $ schemes you come up with.

Do you use any of these methods yourself?
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#13 May 16 2004 at 3:25 PM Rating: Decent
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They're not all bad, but they're also not as get-rich-quick as people might claim... those that are usually require a huge time and gil investment before they become get-rich-quick is all I meant to say.

And yeah I use some of them. They're not really gonna make me rich but some money incoming is better than none.

Edited, Sun May 16 16:25:05 2004 by QHeretic
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#14 May 16 2004 at 5:19 PM Rating: Decent
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The ideas have all been posted in one place or another throughout the history of FFXI since the NA release. Of coruse some have been added due to new patches, but there is one that was left out in my opinion; HNM hunting.


HNM hunting is dissimilar to any other type of NM hunting because they spawn on a 21-24 hour timer and you need some very high level characters to be able to pull these guys down. On average you will see these ranging from level 55 (King Arturo) to 80+ (Za'Dah Adamantking) so you can range from needing a single party for some to needing a full alliance of 70-75 for others. The major benefit to killing mobs such as this are item drops from these can sell for up to 15 million gil (Kraken Club) but you're almost always going to get some decent item or quest item. My favorite part of HNM's are the neat titles you get from them.

Oh, and on a complete side note, you should change your spellings away from the "l33t" speak on things like "pharming" for gil, it's "FARMING," just like those people do in the midwest. They're FARMERS, not "pharmers" you just make yourself sound ignorant with "clever" misspellings such as this.
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#15 May 16 2004 at 6:06 PM Rating: Decent
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i do believe that the gardening will work if you execute it right, there are many key factors you must check and do to get what you want. also its not quick and you need money to make money. takes about 65k to start a profittable garden.

using 10 brass flower pots 10 tree cuttings and 10 light stones

kinda costly if you execcute right you will yield platinum nuggets stack sell extremely well on ah for higher level synthing.and the yield isn't too bad it takes about 2 earth weeks for your yield and you'll get 4-6 nuggets from 60-80% of your pots so you'll get around 3 stacks each yield which you turn around and make your money back and make profit it gets more profitable after your first yield because you don't have to pay for pots again. the point of this is get rich quick...well it doesn't happen quick get rich works but it takes time no matter what you do. i have just started doing this rrecently and am waiting for my first yield i'll keep you all posted. personally reselling for me has been the best money maker. buy weapons and stuff from shops and sell at ah for 300% profit.


for you low level guys just starting out with little cash go to windy and buy short bows and bronze zhagnels for cheap and sell them for double and triple what you opaid for them.

silk farming also works you get about 9-11k on the kujata server but it takes loooooooong time it g=took me 2 hrs to get 2 spools of silk thread.
#16 May 17 2004 at 8:04 AM Rating: Decent
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There a couple more that weren't mentioned (so far) ...

Marco Polo's Rules

Basically picking goods up in city A at a regular / cheap price - running over to city B and selling them at a mark up. The most common products for this I have seen myself are Centurion Armour (Jeuno --> Kazham), Millioncorn & Cure 2 scrolls. This method does work - but the higher the margin / value the longer the sell on takes. With high value items there tends to be the risk of being stuck with a lot of inventory that you cannot shift.


Money for Old Rope

There are a number of products that are made up of components that are actually worth more than the individual item (besides the ever obvious beastmen goods). Some people will buy these up from AH - render them down and then sell off the high churn components for a profit. I have seen this and done this myself but there is a risk in depending on desynthesis results. Next time you're on AH ask yourself why one person just bought 8 silver hairpins ..... (I would include in this example those wonderful people who put up goods for sale on AH at a lower value than an NPC would take for them - Sneak Scrolls anyone ?).



I have used both of these methods - and most of the other ones (except the Jeuno gambling game) myself to keep my funds ticking over. The trick I always find is selecting the method that works best at that time ...

edit: poor spelling does not and shall not ever rule - grammar on the other hand .....

Edited, Mon May 17 09:05:59 2004 by palimpset
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#17 May 17 2004 at 8:40 AM Rating: Good
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Regarding your rift on goldsmithing...... You might want to tell them that 2 million in goldsmithing will get you to the mid 20's/early 30's. It can take between 30-40 million just to go from 1-90.

While goldsmithing is by far the most profitable craft there is, you have to be a J.D. Rockafeller just to start it.
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#18 May 17 2004 at 11:45 AM Rating: Decent
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GS is a killer and I cant stand miners who soley mine for gil. I mine so I can support my GS skill. Anyways very good post and anyone who complains there isn't money out there, well it can be made.

It takes time and there is no get rich scheme. I'm glad you didn't go into complete detail because I'm sorry to say but forums have caused many items to drop in price. I will give some tips that will guarentee money:

Fish: Trust me, the earlier you start the better. 4K might not seem like a lot at lvl 30, but if you had started fishing when you were lvl 5 4K is a gold mine. Save enough money to buy full fishing gear and a composite rod and start raising your skill. Once you reach lvl 20 fishing moat carp will start coming and you'll be able to catch 2.5stacks of moat an hr, which is about 8.5K/hr and its guarenteed. I'm level 40 fishing and I can catch about 20K an hr fishing in Rabao. Like I've said many times, Fishing only suxs if your in a LS that cant keep a conversation.

Farming Tiger Fangs : It's a quest in San D and it'll net you 2100 for 3 Fangs and Tigers can be farmed in Jugner Forest , Battalia Downs & The ice place through Rangemount Pass. I'd suggest lvl 30+ for Jugner and lvl 45+ for batallia and the ice location. This money is a fast seller because your selling to npc, don't need to wait on the AH. And it raises your San D fame.

Start a new job : Go get an advanced job or start a job that you don't plan to take to 75. Put on signet and go farming for crystals/items in WD. Bee's, crawlers, yagudo & birds drop wind & fire crustals, beehives chips & other items that are used in crafting. These items are major ingrediants in many crafts and will be bought up quickly. By doing this you also gain CP points, which you can use to get items that can only be obtained through CP points.

Vagus
-The Pantsless Mnk/Sam-
PS - If your on Odin and you need tips, give me a holler.

Edited, Mon May 17 12:46:18 2004 by VagusOdin
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#19 May 17 2004 at 12:11 PM Rating: Decent
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Well with fishing by the time you reach level 40 you can already start catching on a regular basis a lot of fish that would sell to an NPC for more than moat carp would, and of course you can always catch those nebos which go for 15k a stack, and catching 1.5-2 stacks per hour on the ferry is well worth the time...seeing if you thought moat carp was worth it :).

Oh and if you're a cook or alchemist you can use the nebos to make black ink or fry them into fishkabobs for massive profit.
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#20 May 17 2004 at 12:27 PM Rating: Default
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Well, this seems like quite the cynical post. Do you think these people would be doing it if they were losing money? Do you realize you listed 9 ways to make money slowly but surely, instead of some “get rich quick scheme?” The fact that you called these all Get Rich Quick Schemes tells me a lot about you. Well, gambling is stupid enough – I’ll respond to that.

Oh, and what is this confirmation that it works thing? Some number you pulled out of a hat?

1. Bazaaring for profit – Always works if people buy. Sounds like you either don’t have the patience to see what you can sell, or you have better things to do before logging off. I hope it’s the latter.

2. Train Pharming – Always works if you don’t die. Question is, are you doing it for gil and/or drops? If drops, you better have all gobbiebags.

3. Mining – You have a serious problem if you think this doesn’t work. What does checking the AH have to do with this? The only way you may not make a profit on this is if you do Ifrit’s Cauldron for a while and don’t get any good ore. But then again, you can make over 100k/hr there.

4. Gardening – Here you can actually lose money if you ***** up and/or don’t do one lick of research. But your comments are idiotic at best. People know how to do this. And what are you talking about – zinc ores?

5. Camping NMs – You can sit there for 2 weeks and manually target looking for a highly camped, low level mob if you want. But then you’d be a moron. People who know all the details, know how to macro, and camp NMs that are close to their level are the ones making millions. There are plenty of NMs out there that are not overcamped by JPs.

6. Master Fishing – The fact that you put this in a “Get Rich Quick” post makes me laugh.

7. Crafting – This is done for convenience (cooking, making arrows, ninja tools, et al), or for profit. You have so little knowledge gleamed in your comment, that the people who know how to make money reliably crafting laugh and encourage this type of attitude from idiots.

8. Low-balling AH items – 2 ways: 1) The ultimate get-rich-quick way. It works as often as you can bid on certain high-cost, high-supply items. But you have to have the gil to bid 35k on a 300k item, or something of that liking. 2) Underbid fire crystals and crap like that during NA time, put up for sale at guild city for hundreds more. It will sell, rich people don’t care – they need the item. This works for any item that people need en masse. Little known item for much profit: expensive beds. They will sell often on Saturday, then price will drop mid-week. If you can’t figure out why, don’t get into this racket. Dude, seriously – Why did you call this Fool’s Gold? Do you know what that means?

9. Moat Carp – Small amount of profit, but you’ll make money. But that is not where most of the carp come from. Can you say AFK fishing?

10. Teleporting – Again, why you put this in a Get Rich Quick list is beyond me. And do you want to tell me where this 50% number comes from? Are you telling me that 50% of people shouting teleports won’t make money?

11. Gambling – Well, people are stupid. What can I say? Just like real life. The money is made in RUNNING the racket, not trying to win. But this is an instant /blist from me and many people I know. Good luck in the rest of the game if you try this.


I hope you have fun in the game being broke with your cynical attitude towards making money. Personally, I use more than one method above and I’m quite content with my millions.


Edited, Mon May 17 13:28:39 2004 by Lushang
#21 May 17 2004 at 1:50 PM Rating: Good
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"Lushang" wrote:
ZEAL!


Yeah I never said these don't work, I meant to highlight the ups and downs of each "scheme"..whether they're fast money or not they are discussed often or seen often in-game as "good money". I wanted to shed light on these methods so that everyone knew what they were getting into before trying it.

Quote:
1. Bazaaring for profit – Always works if people buy. Sounds like you either don’t have the patience to see what you can sell, or you have better things to do before logging off. I hope it’s the latter.


I don't doubt it works...I just don't care to do it. :)

Quote:
2. Train Pharming – Always works if you don’t die. Question is, are you doing it for gil and/or drops? If drops, you better have all gobbiebags.


Of course it works, who goes farming without all their inventory slots empty? And why would you train farm in a spot that would get you killed? Common sense.


Quote:
3. Mining – You have a serious problem if you think this doesn’t work. What does checking the AH have to do with this? The only way you may not make a profit on this is if you do Ifrit’s Cauldron for a while and don’t get any good ore. But then again, you can make over 100k/hr there.


Not everyone is lvl 75 and can avoid aggro in Ifrit's Cauldron, sorry. Even with silent oils and prism powder, OR sneak/invin your chances of getting spotted by the bomb types there is high, since they aggro magic and all. Everywhere else is swamped with other miners...and if you think you can make 100k an hour in any mining spot, you're horribly mistaken, since because this is such a "high profit area" selling your stuff will take a while unless you viciously undercut everyone else. The market is saturated with platinum on our server by other hopefuls who think they're making a fortune but aren't. I make more than they do simply crafting :)


Quote:
4. Gardening – Here you can actually lose money if you ***** up and/or don’t do one lick of research. But your comments are idiotic at best. People know how to do this. And what are you talking about – zinc ores?


Even if you do the research and copy someone's method down to the bone, the randomized aspects of it will negate your efforts. And I was being sarcastic about the zinc ore :P... if it takes a lil over a week to grow all this, and even if you DO make a lucky 200k off it, well woop-dee-doo, I made more than 500k in under a week other ways... guaranteed.


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5. Camping NMs – You can sit there for 2 weeks and manually target looking for a highly camped, low level mob if you want. But then you’d be a moron. People who know all the details, know how to macro, and camp NMs that are close to their level are the ones making millions. There are plenty of NMs out there that are not overcamped by JPs.


Prob with this is that the majority of players who want fast money like this are lvl 30 or lower, and all the NMs up to these levels are horribly camped. If you're lvl 50+, sure you have a better shot at higher lvl NMs... but you'd probably be better off just doing a bunch of BCNMs at that point.


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6. Master Fishing – The fact that you put this in a “Get Rich Quick” post makes me laugh.


Fishing has been proven to be incredible money, I don't know what you find funny about it.


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7. Crafting – This is done for convenience (cooking, making arrows, ninja tools, et al), or for profit. You have so little knowledge gleamed in your comment, that the people who know how to make money reliably crafting laugh and encourage this type of attitude from idiots.


If you're telling ME that I have little knowledge about the crafting market, you should probably get yer head checked out o_o; Crafting has been my priority over everything in this game, even levelling, to the point I've spent a long time researching as much as I could about all the guilds, and I even have a craft up to 95.x, nearing 100 slowly. I make excellent money off crafting, too, but it took me a long time to get to the status that I could get that money. Remember that after lvl 60 the number of crafters at the higher tier levels gets smaller and smaller, so 90+ in any craft is nothing to scoff at.


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8. Low-balling AH items – 2 ways: 1) The ultimate get-rich-quick way. It works as often as you can bid on certain high-cost, high-supply items. But you have to have the gil to bid 35k on a 300k item, or something of that liking. 2) Underbid fire crystals and crap like that during NA time, put up for sale at guild city for hundreds more. It will sell, rich people don’t care – they need the item. This works for any item that people need en masse. Little known item for much profit: expensive beds. They will sell often on Saturday, then price will drop mid-week. If you can’t figure out why, don’t get into this racket. Dude, seriously – Why did you call this Fool’s Gold? Do you know what that means?


Do you know what word play is? This was a pun. Loosen up. Fool's gold was basically a material that looked very similar to gold but wasn't (back during the california gold rush), and many people thought they had struck it rich, only to have their dreams crushed when they found out it was the latter. Anyway, no this really does not work as well as you make it sound...and yes I know why the beds sell higher on Saturday.


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9. Moat Carp – Small amount of profit, but you’ll make money. But that is not where most of the carp come from. Can you say AFK fishing?


Yeah yeah we all know about fishing bots. That's nothing new.


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10. Teleporting – Again, why you put this in a Get Rich Quick list is beyond me. And do you want to tell me where this 50% number comes from? Are you telling me that 50% of people shouting teleports won’t make money?


ok about the % confirmation, it's just a number I guaged out my *** of how sure I was about how well it works. Again, half of these probably will never make you rich in any way shape or form, but people think they will. Shedding light on the unsure.


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I hope you have fun in the game being broke with your cynical attitude towards making money. Personally, I use more than one method above and I’m quite content with my millions.


I'm actually quite financially secure, with a high lvl craft to guarantee me money anytime I need it, and another one on the rise...dunno where you got the idea I was "broke"... I will be playing a gun-using RNG/NIN (yes bullets AND shihei) with no worries as to how I'll afford all this. Oh and btw, an Emp hairpin and Leaping boots early on just for icing on the cake ^_^/)... so getcha nose out ya bum and open your mind just a bit more before you start crashing threads.


Edited, Mon May 17 14:51:07 2004 by QHeretic
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#22 May 17 2004 at 2:49 PM Rating: Good
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I hope you have fun in the game being broke with your cynical attitude towards making money. Personally, I use more than one method above and I’m quite content with my millions.


His cynical attitude? What about yours?
#23 May 17 2004 at 10:35 PM Rating: Decent
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great post, givin it a bump and a rate up ;)
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#24 May 18 2004 at 1:44 AM Rating: Decent
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LuShang sounds like a tool.
#25 May 18 2004 at 10:37 AM Rating: Decent
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No, some people just can't handle critique of their ideas. It seems like QHeretic can, without running off and crying to mommy like some do here. We completely disagree on many points, but at least it can be discussed here. I don't care if people challenge my posts, and I would hope others feel the same. If you want to post a "Guide" on something, at least accept valid feedback.

I am disappointed in people that say “stop crashing my thread;” like once they post something it becomes the bible and cannot be challenged. He says “Open my mind just a bit,” but that is what I was saying in my post. He claims that these schemes mostly do not work, and I give specific examples of how they can make good money.

I would like to discuss a few of the counter-points to again show some fallacies here:

Quote:
Mining - Not everyone is lvl 75 and can avoid aggro in Ifrit's Cauldron, sorry. Even with silent oils and prism powder, OR sneak/invin your chances of getting spotted by the bomb types there is high, since they aggro magic and all. Everywhere else is swamped with other miners...and if you think you can make 100k an hour in any mining spot, you're horribly mistaken, since because this is such a "high profit area" selling your stuff will take a while unless you viciously undercut everyone else. The market is saturated with platinum on our server by other hopefuls who think they're making a fortune but aren't. I make more than they do simply crafting :)


Your level has nothing to do with mining in Ifrit’s. Level 75s still get aggrod. You simply have to have some skill to not get caught in a bad spot when sneak and/or invis wears. Even mages should bring along pots to use in case they are surrounded by bombs inside magic aggro range. I go there with pots only, and rarely have to use them. I always have to use sneak in certain tunnels, and sometimes have to use invis when there are 3+ bombs around. I can go 30 minutes without using sneak or invis during a good run; you just have to have skill. I know good miners that pull about a million gil there on a good day. I didn’t say you could make 100k an hour at any mining spot; only this one. We’re not talking about Platinum, and these ores are not horribly undercut. In fact, the cost of all three ores I mine there has gone up almost 50% in the last month. You make more than 100k/hr crafting? Good for you if so.

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Gardening - Even if you do the research and copy someone's method down to the bone, the randomized aspects of it will negate your efforts. And I was being sarcastic about the zinc ore :P... if it takes a lil over a week to grow all this, and even if you DO make a lucky 200k off it, well woop-dee-doo, I made more than 500k in under a week other ways... guaranteed.


Well, it’s not hard to get the method down. And the % success on the good item harvest is well known to experienced gardeners. It takes a LOT longer than a week to grow this, but it’s not about maybe making a lucky 200k. It comes out to an average of 750k – 1 mil per mule, for less than one minute per day. About half an hour per growing cycle, per mule. Guaranteed.

Quote:
Camping NMs - Prob with this is that the majority of players who want fast money like this are lvl 30 or lower, and all the NMs up to these levels are horribly camped. If you're lvl 50+, sure you have a better shot at higher lvl NMs... but you'd probably be better off just doing a bunch of BCNMs at that point.


That’s why I mentioned camping NMs around your level. No way are you better off doing BCNMs. Number 1, you have a limited number of seals; you can’t keep doing these over and over. Number 2, the profit from these is no better than an average NM that can be camped with little to no competition. BCNMs are fun, and can be good when a new item is introduced or you have seals and need cash fast. But I can easily make more from NMs.

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Master Fishing - Fishing has been proven to be incredible money, I don't know what you find funny about it.


I laughed at this because it’s the exact opposite of get-rich-quick. There is nothing quick about it; in fact, it may be possible to level a job to 75 in a shorter time than leveling fishing to 75. And if you factor in the effort to get LuShang’s Rod…

Quote:
If you're telling ME that I have little knowledge about the crafting market, you should probably get yer head checked out o_o; Crafting has been my priority over everything in this game, even levelling, to the point I've spent a long time researching as much as I could about all the guilds, and I even have a craft up to 95.x, nearing 100 slowly. I make excellent money off crafting, too, but it took me a long time to get to the status that I could get that money. Remember that after lvl 60 the number of crafters at the higher tier levels gets smaller and smaller, so 90+ in any craft is nothing to scoff at.


Please reread your comment where you slammed crafting. I was responding that we high-level crafters making a lot of money laugh at people who put down crafting as a way to make money. Dude, you bash it, then bash me when I say you’re wrong and you end up saying how excellent profit is and how much effort it takes to get there?

Quote:
Low-balling AH - Do you know what word play is? This was a pun. Loosen up. Fool's gold was basically a material that looked very similar to gold but wasn't (back during the california gold rush), and many people thought they had struck it rich, only to have their dreams crushed when they found out it was the latter. Anyway, no this really does not work as well as you make it sound...and yes I know why the beds sell higher on Saturday.


If you know what Fool’s Gold is, why do you use it here? Bidding low for an item and getting it is completely real. You are getting the genuine item, 100% pure. It’s not worthless, just the opposite. If you bid 35k for a 300k item and get it, you have struck it rich without a doubt. And yes, my method works as well as I make it sound. I’m not making this stuff up; it’s how I built a good base of gil.

Quote:
I'm actually quite financially secure, with a high lvl craft to guarantee me money anytime I need it, and another one on the rise...dunno where you got the idea I was "broke"... I will be playing a gun-using RNG/NIN (yes bullets AND shihei) with no worries as to how I'll afford all this. Oh and btw, an Emp hairpin and Leaping boots early on just for icing on the cake ^_^/)... so getcha nose out ya bum and open your mind just a bit more before you start crashing threads.


Ok, I’m thoroughly confused about your point on this whole subject. You make a guide where you bash 11 ways to make money. When I give proven examples of how some of them work extremely well, you say “I know that,” or “I actually make a lot of money crafting.” Also, your premise of these as “Get-Rick-Quick” methods is quite false. 8 of the 11 you listed are slow, painful ways to make money – but they actually will make you a good deal of money in the long-run.

This childish attitude on message boards about not challenging anything is nauseating. If I had posted “LuShang’s Expert Guide to Get Rich Methods” as a thread, and then Qheretic came along and challenged me with his 11 evaluations, would he be a tool and out-of-line? No. Grow a think skin and learn how to argue your points and counter-points people. I’m glad he responded the way he did, even if I disagree with his assessments.
#26 May 18 2004 at 1:03 PM Rating: Decent
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I wouldn't bash your ideas, I appreciate your opinions but you're also in a sense, -bashing- mine, and that's a little rude.

Ummm but back on the topic of crafting... I did say it would take a lot of commitment in gil and effort to get crafting to the point it would be profitable.

Quote:
It will cost a lot of money to level a craft, only to most likely disappoint you unless you go past the lvl 60 area.


Note the bolded comment. It is true crafting will be good bottom feeding money, depending on what you're selling and who's buying, and how often. I don't get super rich off my crafting very fast, it takes a while to accumulate assuming I'm doing nothing but craft+sell. A lot of crafts have no ROI (Return on Investment) unless you level them above lets say, 80. Some crafts though, like goldsmithing yield better returns earlier, but also levelling to that point still costs a fortune and takes some time if you don't want to go broke instantaneously.

The thread's point wasn't to bash different ways to get money...that wasn't the intention anyway. I meant to make sure that everyone knew the ugly points of each method, and that there's no real way to get rich quick, without lots of effort.

Though now that you mention how awesome Ifrit's is for money, I may even give it a shot today on my WHM. Now that I think about it I can probably survive in there no prob...since I went to the Fire Cloister safely more than 4 times on a lvl 30 char.
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#27 May 19 2004 at 8:14 PM Rating: Decent
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Quote:

Yes, it is true the odds of hitting every number in 1,000 tries only once are astronmical (I put the odds are over 10 to the -300th power). But at least my point is clear.





Yes, the odds of hitting each twice is, in fact, 1:100!
(100! = 100*99*98...*3*2) = 1 in 9 x 10^157 =/. However, of course, by the law of averages, it still means that in the long run you will come out with 87k gained for every 100k lost.


Er... not to be pedantic about this, but the math is wrong. The real probability is (1000!) / (1000^1000), the numerator being the number of different orders you an get 1000 different numbers in, and the denominator being the number of results you can get rolling 1000 times.

By Stirling's Approximation, 1000! = (1000 / e) ^ 1000, so the above fraction becomes reduced to simply e^(-1000), or about
5 * 10^-435.
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#28 May 19 2004 at 11:23 PM Rating: Decent
Quote:
5) Notorious Monkeys

Origin: Everywhere

Confirmation that it works?: ~99.9%

What is it?: Oh it works... camp an NM for 2 weeks straight for that 300k drop and sell it.

The ugly: Camp an NM for 2 weeks straight and get beat to the punch every time by billionaire lvl 75 JPs who probably have 50 copies of the item already.


LOL
#29 May 22 2004 at 7:50 PM Rating: Decent
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I like gardening the best, I find its one of the only ones that gets you lots of money yet you can do on a mule.

I would grow tree saplings from cuttings, take one saplings and try to grow it into an ore while planting more cuttings, if I make the ore I make 300K if I don't I only lose a POTENTIAL 12K
#30 May 22 2004 at 11:32 PM Rating: Decent
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Well at least those are better odds than winning the lottery.
#31 May 22 2004 at 11:37 PM Rating: Decent
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Yeah I feel your pain. I've camped the WW guild 4 or 5 times and have only managed to buy 1 piece of arrowwood lumber.

The good news though is that logs are cheap also (19g apeice for me) and wind clusters are pretty cheap too (1400g roughly). So I synth all my lumber from logs for a bit less than buying them at the AH. If you go huntinc for wind crystals or can find them cheaper at other places then you save even more.
#32 May 22 2004 at 11:49 PM Rating: Decent
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You don't make 12K an hour training yagudos in giddeus :/. Because keyhunters and other farmers are there... you barely get more than 5-8 yagudos a chain(so 300-600 gil a chain with Gil finder)... add in respawn time and asses who steal mobs. Yeah...
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#33 Jul 12 2004 at 11:13 PM Rating: Decent
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I used to love farming silk off crawleres for 10-13k a stack. But recentlly ive noticed drops becoming less and more rare. Ive read that lvl can or cannot have anything to do with it. Its funny reading peoples arguments on proper techniques. I'm sure the people who strive for riches will find it one way or another. For myself I save my gill for what i need and buy what i want. If I am broke then time to farm for whatever until i have the gill to buy. All in all I would rather be Lvl'n up my char than running a business. I work enough hours in the week in RL to log on and rack my brain on how im gonna come up. But that is what makes this game so great is the liberty to make what you want out of it. When it comes down to it I'd rather be broke than camp a fly for hours on end. ZZZzzzZZZzzz

Very Good Post *BUMP* Hail Sandoria!
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#34 Jul 12 2004 at 11:45 PM Rating: Decent
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I believe that QHeretic used "Fool's Gold" to mean getting gold off of the poor fool who horribly undercut so his item would sell faster.
#35 Jul 13 2004 at 4:02 AM Rating: Decent
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How many times dose Lushang have to post before everyone realizes that we should completely ignore him? I haven't seen a helpful/kind post from him ever. Don't give him the satisfaction of quoting and replying to him ^^
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#36 Jul 13 2004 at 7:47 AM Rating: Decent
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First of all I appreciate the effort QHeretic put in to make this thread. Not too many people out there are willing to share the secrets of making money, whether they do make money or not is another matter.

However this title is a very sensitive one. Gil is so hard to make for new players, and many are willing to believe in everything they read. There are many valid/invalid points many in this post. I personally believe I can only comment on the things I have done personally, in order to not mislead anyone.

2 Train Farming

This works well with certain class, but if you are a taru whm you can't do this very effectively. AOE spells and weapon skills also takes time to obtain.

3 Mining

I am both a Gsmith and a Smith, and mining/crafting has become my main income. However it takes extremely long to be able to make use of all ores you find, and be effective in this. Ifrit is a dangerous place, however you don't really have to be lvl 75 in this to mine. A lvl 25 whm is almost as good as a lvl 75 whm if you have mastered mining routes and bomb aggro radius. Other mines such as gusgen are more consistent money making places.

4 NM camping

Yes it works, but low lvl NMs such as lizzy and huu mjoo (however u spelt that) is overcamped. It takes a while to find a good NM to camp. Also, drop rate could be low (very low for me).

6 Fishing

I am a mid-50 fisher myself, most of my fishing income comes from carps and nebs. However u can't fish for nebs effectively till u hit 40+, and u need to be a mage so that u can keep yourself sneaked on ferry. It is extremely painful and frustrating, so i don't think it's for everyone.

7 Teleporting taxi

Only if you have a lvled whm.

11 Gambling

Please don't do this.

12 Cucumber trading

It also works if you have very high fame. You can buy for instance dispel from vendor in rabao and AH it. Good way to make money but required mule/extensive and constant research

13 Desynth

My personal favorite =). You would need decent crafting to do this. There are some low lvl receipes such as yagudo necklace or flute that you can start with.

I would also like to add low lvl crafting of popular items, for example bronze ingot/brass ingot/silver ingot, that require less crafting skill but makes constant profit due to high demand.

Lushang has made many valid points, the truth might be painful to know, but it will benefit most people in the long run.
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#37 Jul 13 2004 at 8:43 AM Rating: Decent
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Quote:
Well, it’s not hard to get the method down. And the % success on the good item harvest is well known to experienced gardeners. It takes a LOT longer than a week to grow this, but it’s not about maybe making a lucky 200k. It comes out to an average of 750k – 1 mil per mule, for less than one minute per day. About half an hour per growing cycle, per mule. Guaranteed.


I think that this is the real point about gardening. Everything else requires you to actually pay at least a tiny bit of attention to the game the whole time you're doing it (unless you're using a bot and, well...). Gardening only requires about a minute per day.

BUT...gardening is sort of tailored to mules. You have to be in one of the 4 main cities to do it, so if you're trying to level up your fishing at the same time, you can't check your garden from Rabao. If you're fortunate enough to have all the teleport spells, an airship pass, and Warp on one character, then it's not as bad. But I'm a level 33 THF right now, and the next part of my fishing career takes place in Mhaura. It would be kind of annoying to walk back and forth from there to Windurst (or pay crag chocobo prices at least one way) every day. Additionally, the Moghancement from having 10 brass pots may not be the one you need at the moment.

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#38 Jul 13 2004 at 1:27 PM Rating: Default
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Quote:
BUT...gardening is sort of tailored to mules.




You've stumbled upon Square's greatest conspiracy.

FFXI was actually going to be exclusively a gardening game, but beta testing showed that the users weren't satisfied (a.k.a. bored out of their gourds.. pun intended) so they constructed this elaborate fantasy world of magic and monsters where the items gardened could have a more meaningful use. This gave people a reason to play the game but square had to think of a way to get people to create new characters... hmm "Whatever wil we do?" the Japanese developers pondered while watching sadistic game shows on TV...

"I got it!"

This led to the "your plants are withered, sorry" message from your Moogle if you didn't take care of your plants. Players faced an interesting paradox: they could either garden to their heart's content (which is the true purpose of the game) or they could go out and adventure so that they could use their harvested goods and let their gardens die.... unless of course they purchased several new characters just so they could garden AND level at the same time.

Hence, we have all been suckered and Square is making a mint off of our folly.

Edited, Tue Jul 13 14:27:46 2004 by Codernaut
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#39 Jul 13 2004 at 1:51 PM Rating: Good
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actual;ly i greatly enjoy reading lushangs posts and mostly agree with them, keep them comin' man!
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#40 Jul 13 2004 at 2:19 PM Rating: Decent
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My friend who is kind of new to this game(lvl 11) makes all of his gil buying Adven. coupons at the AH for 10g and giving them to an NPC for 50g. =/
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#41 Jul 13 2004 at 10:33 PM Rating: Decent
One thing you can do if you are going to bazaar is to take the time to gather a set of items which fall under a specific craft, then undercut the prices so that you sell somewhat lower than the guild and ah. While you may think "I am losing profit on this" its not true if you are planning on going back to farming/mining/logging for some more runs. Your inventory will usually clear out FASTER because you are...

1. Selling for a lower price than your competetors on the AH

and

2. Saving crafters time by bringing the goods to them.
#42 Jul 14 2004 at 10:24 AM Rating: Decent
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Good thread, I agree with much of it (well, all the things I have tried at least)

One point about the mining though:

As a whm main, with no other jobs, I have made more money out of palboro mines than at any other point in the game so far. I agree, platinum sells slowly, but as long as you have some patients, you will be rewarded. In the 2 weeks (13-14 hours gaming) I have been there I have earned enough for a full set of worker gear, and am steadily working towards new gear so I can go lvl some more.

Maybe I have just been lucky so far, but as I said, as a mid level whm/blm my bank balance has never looked so good.
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#43 Jul 20 2004 at 9:38 PM Rating: Decent
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Lushang needless to say,you are an ungrateful ****-retentive egotistical negative moran.Sorry for the sheer bluntness of this but there is no need to completely flame somebody trying to help people out.wait,im not sorry.Ever think that some of these things may not work for you but they work for other people?
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#44 Jul 21 2004 at 12:13 PM Rating: Decent
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Tell you what... I have been playing the game for about 4 months. On day 3 in the game, I noticed that there were items that I was going to need/want and that I didn't have the money it was going to take to purchase them when I needed too. So, I started woodworking...

I would go to the guild everyday for about 30mins. before I went to level my character, and just craft for a bit. I would spend half the time crafting items I could sell for money, and the other half crafting items that would raise my skill. I have followed this model all the way up... (see lvls at the bottom...).

I think the biggest problem here is a "Western World" mentality of getting something for nothing. We want the proverbial "pie in the sky..." but we don't want to do what it takes to get it. This is why the rest of the world views us as "lazy Americans". Because we want our cake, and want to be able to eat it too.

Bottom line: If you are going to do well in this game, you have to consistantly work at making money. Yes it sucks when a moment sneaks up on you and you suddenly need 200k gil... So, don't let it sneak up on you. It's going to come... so prepare for it now!

hope this helps....
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Best of luck,

Justjoe

51Whm, 33Bst, 25Blm, 15Thf, 5War
Cerberus Server
#45 Jul 30 2004 at 4:17 AM Rating: Decent
3 posts
One thing about the gambling scheme I should point out, is that it is possible to make money as the gambler, if the house doesn't know what they are doing.

I remember one fellow offering to take bets of any amount. So what you do is start with:

bet 1 gil if you lose
bet 2 gil if you lose
bet 4 gil if you lose
bet 2x previous amount

when you win go back to 1 gil

Note that after each loss you will eventually win 1 gil more than your cumulative losses thus far. This strategy repeated for a while (while unrealistic as the house is likely to catch on) could win you infinite gil. This is why most real life casino's have limits and minimums... so you can't play this way to turn the odds in your favour.
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THF30/NIN10/WAR10/MNK05/DRK04/BST01
WHM20/BLM20/RDM09/SMN10/BRD01
CUL43/ALCH05/FSH40/BS34
#46 Jul 30 2004 at 2:16 PM Rating: Decent
12 posts
Yeah I run a casino in Bastok from time and time and I made good money doing it. I didn't really think I would cuz the odds are so stacked in my favor (700+ double your money, 990+ quadruple your money, 300 to 3k bets). The most I can lose at one time is 9k (someone trades me 3k and wins 12k I only have to put up 9k out of my pocket to pay up the bet.) I've made as much as 45k in 20 minutes, it all depends on how many people are willing to play. While I don't do a casino as my main source of income (I'm a lvl 7 fisherman w/ full fishing gear), if I need to make a quick 10-15k I use it. And if there is someone who is on a Hot streak I make so much money on people who think they can get as lucky as that guy.
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Xoltax on cerberus server.

30 Monk
7 Warrior
7 Dragoon - Nanaja is my dragon feel free to pet her!
#47 Jul 30 2004 at 5:49 PM Rating: Decent
Scholar
**
293 posts
...I don't know who to agree with. You both have good points but are being kinda rude. As to how I make my meager income...I go out to tahrongi and kill any crawlers I see on the way. Once there, I go out and beat up all the gobs that I can. I sell mail and armor, and desynth cloth into cotton thread. I also excavate to supply my bonesmithing interests. I fish for quus and carp - always have someone to talk to - and I still have trouble buying my equipment...ESPECIALLY BECAUSE MY FREAKING TURTLE SHELLS WON'T SELL DESPITE THE 100-GIL DISCOUNT...and can only imagine the fun I'll have getting my Lizard armor...-.- *sigh*Such is the life of a RDM...
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"I blame Japan." ~Mark

Evanji
Mithra
RDM 35/BLM 20, THF 6, RNG 4
Lakshmi Server
Status: Official High Lady of the Xeno-Inquisition

http://ffxi.allakhazam.com/profile.xml?38140
#48 Jul 30 2004 at 6:06 PM Rating: Decent
Scholar
*
145 posts
Timetogo-

What you are proposing is the "Martingale method" of gambling. You double your wager each time to recover your loss of one increment. In order for that method to work, you need more money than the house. However, since the odds are also against you from the beginning than it makes no difference the amount you wager. You can wager 1 or a million. Your chances of getting your money back are always less than 50% otherwise it's not considered gambling. One streak of bad rolls is the killer.

If you assume the house and you have equal money and the player uses Martingale method you will still lose all your money after an infinite amount of play time. It's in the mathematical statistics. The only way to win with this method is to have more money than the house at the beginning. If that's true then your payoff is less than your original wager so why do it anyways?

Edited, Fri Jul 30 19:10:58 2004 by puzzlefite

Edited, Fri Jul 30 19:19:28 2004 by puzzlefite
#49 Jul 31 2004 at 10:58 PM Rating: Decent
avenir wrote:
Lushang needless to say,you are an ungrateful ****-retentive egotistical negative moran.Sorry for the sheer bluntness of this but there is no need to completely flame somebody trying to help people out.wait,im not sorry.Ever think that some of these things may not work for you but they work for other people?


I'm sorry, but I couldn't help but crack up at seeing these two things right next to each other.
____________________________
Lord Anas Mystosis Nebuchadnezzar XXXVII
http://www.kronkltd.net/
40 MNK, 27 BST, 19 RDM, 20 WAR, 13 THF, 11NIN 8 BLM, 6 DRK, 6 BRD, 3 WHM
Nation: Bastok, Race: Galkain, Server: Carbuncle
Leader of TheMuleNetwork, Carbuncle's All Mule LS
#50 Aug 29 2004 at 3:07 PM Rating: Decent
13 posts
RE:
Posted @ Sun, May 16th 6:19 PM2004
By: Mageling
Scholar




Who pee'd in your Corn-Flakes
7h[5 |\/|0r|\|[G ?

pharm/farm/farme who cares?

Spelling ****'s are no funz.

U R TEH L337!!! NOMAHGAWD!!


^_^


all in all just saying why should you care how someone
"spells" something on a forum?

I "mispell" shiat all teh time because that is just the way I type. I am not trying to be l337 or anything of the sort,
christ am not even old enough to be it.


Just saying who cares how peeps type so long as they are nice peep ^_^



./rant





*EDIT* to point out who this rep was directed to

Edited, Sun Aug 29 16:10:39 2004 by Tattiana
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Bigmouth Billy 0/1
Rampaging Lamb 0/1
Juu-Duzu the Whirlwind 1/1
Tumbling Truffle 0/2
Jaggedy-Eared Jack 0/2 w/ 3rd that was death w/ drop >.<

oh the luck of it all...
#51 Aug 29 2004 at 3:23 PM Rating: Decent
13 posts
Lu = b00n


(dun care wut you "know", that's great for you.
Can you learn how NOT to be an ***? Hmmm, doubt it ^^)
____________________________
Bigmouth Billy 0/1
Rampaging Lamb 0/1
Juu-Duzu the Whirlwind 1/1
Tumbling Truffle 0/2
Jaggedy-Eared Jack 0/2 w/ 3rd that was death w/ drop >.<

oh the luck of it all...
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