Since its been over 10 years now I would love to see an updated version of this to see what all has changed. I know you haven't made any videos like this for quite sometime now but seeing it on your channel where a lot of these types of interviews originated from would be extremally cool

I don't know about you guys but i really enjoyed this interview. The guy is very articulate

Despite what people are hating on this guy for, he's a smart young man.

i'm a proud owner of a level 90 kangaroo in World of Wombats.

God, this kid is shady. He's like the mmo version of a mob boss.

I don't play any of these games nor do I have any idea how they work but I find these videos fascinating... There's something compelling about listening to how other people scheme (good or bad) to profit from certain circumstances legitimate or otherwise, it's almost like watching the creative process for an artist except it's monetary in nature and not so much self expression. It spurs a sort of entrepreneurial desire and perhaps even spark a few ideas which may be totally unrelated to the subject matter but the same principals can be applied and you hear the pitfalls of doing things the wrong way and the right way as neither is guaranteed to protect you, there's risk in any sort of business venture and just listening to the amounts of risk successful people take is some what inspiring if not terrifying. Lol.

"Any man who must say, "I am the king" is no true king." - Tywin Lannister

"we are not gold farmers. That is a common misconception" Title "Professional Chinese Gold Farmer tells all"

He does now, with a video game firm I believe but back then he was essentially self-employed as a broker. I see that as smart.

The shadiness of that kid is astonishing.

As a former employee of blizzard, I can say that the farming and selling of gold isn't the problem that we had with RMT companies. The problem is that a lot of those 'farmers' have become almost entirely predatory, and they not longer farm gold, as much as compromise legit player's accounts and steal the gold they sell. In making the change, the RMT market has caused a huge influx in the amount of work we have to do to keep players online, which costs us money directly.

Wonder if he sells runescape gold

I know this video is quite old. I would love to see a new interview with this guy. So much has changed. I found this interview fascinating.

Now that WoW tokens are out...I'd love to see another interview...

The professional Chinese gold farmer is not even Chinese

Absolutely fascinating. Thank you both for this interview!

this is why back in the day when i played wow i bought the authenticator, a small amount of mojney for something so simple yet so secure

The hate and jealously in this comment section is epic, dude realized how to make money without breaking any rules himself. Good for him. Then remember, its players that decide to buy gold not the sellers!

I still don't understand how Markee had 2022 level video quality in 2010 lol

this kid's a damn genius, ive got respect for him

This guy's smile is so sly his portrait must be in the dictionary for that word.

I wonder if he's apart of what's happening on the nostalrius/Elysium servers currently.

this guy is great. that's obviously the best thing you can ever do.

Regardless of how you feel about secondary markets this is a really cool interview. The gold hustler and the interviewer are both on point and have good questions and answers. Only 12 min in but gonna keep watching.

Wow, he already talks like a lobbyist...

Don't waste your anger on this kid playing with game economies and making some bank, hate on the higher ups that are fucking up real economies and making millions if not billions.

My first instinct was to dislike, but ended up liking. Dude is smart

You completely missed the point. The point was that even with the video settings at 360p, it looks amazing, which can't be said for many videos. His post has nothing to do with computing power or any other setting.

WoW, lol. People are fuckin' haters. He found a service to provide, I think you all are just mad because he's banking on this.

I got hacked back in TBC... And they used my account to farm gold.. So when i got the account back, I was 10 times richer with A LOT of mats

This kid is co-founder and CEO of R2Games now, that is fucking cool man lol So glad you got this early interview of him!

I checked this video recording because I eventually got truly concerned about the economy and had no clue how to cope. Hard cash does not always mean anything any longer. Thus I decided to do some investigation and found Goldiverse. I am so fortuitous, I can easily change my personal savings from cash to various currencies, to any precious metal when ever I like. The federal government can go and take a jump for all I care. Just Yahoo it Goldiverse.

I want to see an interview with Jared now that the WoW token is a thing.

Jared Psigoda is the co-founder and CEO of Reality Squared Games, or R2Games, a Web and mobile game publisher specializing in free-to-play games. The company currently has more than 200 employees, and offices in Shanghai, Shenzhen, and Guangzhou whose business includes bringing Chinese games to Western players. from forbes.. I think he survived the wow tokens.

Can't believe this video is seven years old... holy shit.

i hope everyone stayed for the whole video and payed attention to the bit about passwords at the end

So he's responsible for Kronos .. I'll find him.

He's admitting to enabling the exploitation of people living in poverty and he's profiting from it.

Great video, and what a smart guy. Thanks for the interview guys.

I met a malaysian woman named Sue and she was pro at RMT, she made sure none of her customers get banned because she had access to the GM's accounts too. really incredible work.

This kid is smart, I'll give him that. And I respect that. Obtaining a Masters by 22 is not an easy thing to do. However, from a gamer's point of view...even though you are on a Broker Level, you still have a hand in making the game less enjoyable for others. Every day I log into one f my games, I have to ignore the spam, and I choose to do the work for my gold, gil or otherwise, myself, because its HONEST. Its not your knowledge that I despise kid, it's what you are choosing to do with it...

overall a pretty good video though. lot of good info.

Gold selling, gold trading, is the future for us. Hate it or love it, we can't stop it.

In response to your point on the revenue generated by the actual farmers subscriptions; the influx of gold also generates a game economy that can bring high prices in the auction house, and this keeps the game alluring (at least, for me,) resulting in more renewed subs.

I have an even better solution... GET A FREE FUCKING AUTHENTICATOR :D I was hacked once... never again have I been hacked.

If I was holding a glass of water and this guy was on fire, I'd drink the water and just watch him burn.

"Is there a future in this? Big gaming companies: yes but we're going to ban all this and provide the services ourselves!

Even better than required password resets is secondary passwords. No memory issues. Mabinogi implements this and I've never had issues remembering/never cared about the user experience. Two passwords required to login. For mabinogi, the second password utilizes an on screen keyboard, also circumventing keyloggers if those are even still a thing, lol.

Smart enough to not have a job...

This kid should get into a more stable market, he's got a brilliant mind and although there are many hating on him, thats just jealousy, give him some credit its nice to see people rising from poverty and making jobs for themselves and others. He could adapt this knowledge to any sector because he has the basics of business down and thats all one needs. Well done buddy!

Not responsible for any of the bad stuff that happens is what every criminal says when they get caught.

The guys knows his shit, enjoyed the insight into this whole business.

Wolf of wowstreet! Lol!

I understand the hate towards this guy for what he's involved in, but I also find it really funny that because of that hate, most of the commentators on this video are blind and can't analyze the video objectively. The guy may be doing something unethical but he actually seems quite smart and knows what he's talking about. You should probably also Google his name, it might give you a little insight about him: www.google.com/webhp?sourceid=chrome-instant&ion=1&espv=2&es_th=1&ie=UTF-8#q=jared%20psigoda

Thank you for the tip

I remember my buddy stopped playing WoW sometime during WotlK, and decided to get into gold farming. He bought Glider or some other bot, and just had his main character fly around in Icecrown mining, 24/7. He would sell the ores on the auction house, and then sell the gold to these websites. He actually made enough each month to pay his rent. Not bad for spending 15-20 min a day on the auction house.

wow this kid is mad smart.

he found a good way to make money, good for him. it's funny how all you nerds think he is the anti christ.

Watching this in 2021 after Burning crusade classic has been announced and it’s still relevant as ever

I recommend you to watch the whole thing, as he addresses this himself.

This guy is in the hacking industry as well, no doubt.

he basicly said the same thing over and over making it sound smart and big which is simple.

Actually in France you can get a doctorate after 5 years of studies and if you know how to organize your schedule you can also get 2 or 3 at once but that requires a huge amount of work.

This guy is smart af. Gj in recognizing open market areas.

Hope this guy goes out of business asap cant stand gold farmers. They are a cancer to the game, virtual currency should stay 100% virtual 100% of the time.

Don't hate the playa

Good tip on passwords. Other than that...I feel like I violated all my EULAs for simply watching this video.

Very interesting to hear their point of view on gold selling and F2P games.

Wow tokens

And so we now have someone to blame for all the spam in your mmo about gold selling.

Anyone found to have infringed a copyrighted work may be liable for statutory damages up to $30,000 for each work infringed and, if willful infringement is proven by the copyright owner, that amount may be increased up to $150,000 for each work infringed. In addition, an infringer of a work may also be liable for the attorney's fees incurred by the copyright owner to enforce his or her rights.

Yes, it is against the terms to buy gold. In fact, someone could use this as evidence against the company he works for.

Dem pubic mustache.

"Really cheap like 10k gold is $19.99" Man 2010 sucked, 10k gold is like $2 now ahahaha

Well he is more honest than most business men.

You can get civil lawsuits, and while that doesn't mean jail/prison time you can be extremely, heavily fined. Enough to bankrupt you for most of your life, if not all. And it's happened to a few already. So actually they can do a lot more than ban you.

I love how he talks as if he's a victim when he abuses and exploits other people and companies' honest work for a living.

One comment...ehem...WoW game time tokens...business' over

This guy is right place at right time.

What he forgot to tell you, is that according to a few crypto companies, there's a large overlap of passwords. So to those of you who think your "dogeatdog" password is original. It isn't. After they hack these big games (SoE database, Steam, etc), you get an immense amount of passwords. From there it becomes easy to simulate a login handshake and just brute force l/p combos and flag those who receive a positive handshake. key: Don't forget online stuff is not really yours.

He sells gode

24 and still cant grow a mustache XD

KZfaq should add a timer to the comments. To see who actually watches the full 40 minutes!

probably because its almost real 360p. for some reason youtube likes to lie about the resolution, 1080p on most vids is 720, 480 is 360 etc etc. whatever quality it says it is..its one below it

WoW is a shitty game.

professional chinese gold farmer ?? he does nothing lol. he's not farming, he's not selling, he's not hacking. he's just a kid who knows chinese so he googled their ebay, found out they have low prices, and called american sites to buy from chinese but to give him a profit. LOL he sucks

P.S. I saw you updated your blog because you read these comments!

All these people still raging at him realize he does not even do this anymore. He publishes browser games in China now. Google is a wonderful thing.

never heard of this dude, but i know a malaysian girl named maggie that runs a whole large linked network of farming websites, she also responsible for taking out the competition which she is very good at doing

It's not illegal. There are no laws concerning virtual currency as a 3rd party. It is, however, against most game companies' Terms of Service, which you agree to when you start using their services (Play their games). If you break them the terms (Buy gold, pay for account services etc.) they won't allow you to use their service any further. (A ban). You are in no way a criminal.

damn this video just showed up on my recommended watch list but it's 7 years old lol

I dont get excited by farming for several days or weeks for one item either BUT thats why i invent new and faster ways of getting gold.I found that in most online games,playing the auction house game is very profitable and doesnt take much time at all,leaving u tons of time to actually play the game.I dont mean buy low and sell high,thats for small time amateurs, im talking about creating markets,buying materials for less then the finished product with professions or dissemble them for profit.

Not even a little bit. He was just in the right place at the right time.

Chaos, If you actually read my first response to you. And it looks like you didn't. I said my lawyer won a case based on evidence from the perpetrators Myspace webpage. His webpage was open to the public at the time. The judge overruled the defense attorneys argument. The video of the defendant killing the kittens WAS admitted to the court as evidence. I'll repeat again THE VIDEO WAS ADMITTED AS EVIDENCE IN THE COURT BY THE JUDGE.

I like this kid, he's fucking witty

A lot of very interesting points!

Anyone else love Jared's voice?

I love you authenticator.

He does not exaggerate. He IS what he says.

Why are you guys so disgusted? He's a human being, just like us, trying to make a living. I don't support RWT or his business but I think he deserves respect for building something out of his own money, and spare time. It's like a shop for him that he runs.