If you’re one of the people who have dreamed about making serious cash from the Diablo III Real-Money Auction House — but haven’t yet figured out how — you may want to hit WishboneTheDog up on Reddit and see if he’s offering classes. If nothing else you can read his AMAA thread.
Since the game launched in May, Wishbone has made over $10,000 through the RMAH, and he’s done it without cheating. In fact, he has said that due to the fact that investing and trading in in-game markets is fun for him, he doesn’t feel it would make sense to cheat.
Wishbone has been interested in in-game markets and currency since he began trading in Neopets, but D3 was the first game to allow him to make a profit off that interest.
One of the most interesting things that he has said so far on the topic is in regards to how people look at “real money” versus in game currency. According to Wishbone:
As soon as there is a collective demand for goods, both virtual and “real,” value is created. Humans developed currencies to represent this value in a tangible way, and to make the exchange of these goods more liquid.
Gold is like a foreign currency. It represents value, but only within the specific game world. You can’t use gold to buy things in stores in the US, just like you can’t use Yen to buy things in those stores. If, however, you can convert that currency to a usable one, it has an “exchange rate.” Gold has an exchange rate exactly like a foreign currency has. (Except gold is more easily exchanged than 90% of the currencies in the world).
Considering the amount of money some people have spent on in-game items for various games, he has a point.