WoW Gold: Arbitrage Opportunities?
I am interested in finding charts of World of Warcraft’s gold exchange rate to US Dollars, but the only chart I could find was for the first half of 2005:
Source: WOW Gold Price Research
Anyone know of any retail forex brokers that allow their customers to buy WoW Gold futures?
There is a lot of buzz going around about the game’s growth and how people are making money from it.
After a year of trafficking in virtual items, Dibbell went to the IRS to ask if his virtual commerce should be taxed. “Their answer was ‘yeah, that’s very plausible, we just don’t know,’” Dibbell says.
Given the IRS’ very inclusive barter income rules, Dibbell says, even gamers who have no interest in turning gold pieces into dollars could eventually be subject to taxation, since the items being traded have fair market values.
According to estimates, there are around 100,000 people employed as WoW gold farmers in China. Wikipedia says Shanghai based UCdao is a gold farm brokerage.
Well if I don’t find any trading opportunities, I could always go hunt some Murlocs.
