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    Alec's eConomy money making guide!

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    Alec
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    Join date : 2011-08-15

    Alec's eConomy money making guide!

    Post by Alec on Thu Aug 18, 2011 6:34 pm

    Hello, welcome to my guide.

    To make eConomy dollars easily in this game you will need the following items:
    1. Iron pickaxe+
    2. Maybe a few stacks of dirt or something that you don't need (for mining)
    3. Torches (or a mine you can use).

    What you need to do is very simple (it barely needs a guide).
    Mine redstone! Redstone is super abundant and so you can find vast quantities of redstone blocks (which contain 5 redstone dust pieces each!). You can sell these redstone dust pieces for 40ea at the server shop (at the spawn, NOT THE SPAWN MALL). Making each redstone block worth 200ea, more than a iron ingot which has been refined, even more than a gold ingot (if you sell it at the server shop). Collecting vast quantities of redstone dust is extremely easy and you will find yourself with stacks of it in no time!

    Have fun!
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    WaxCrayon
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    Join date : 2011-04-23
    Age : 24
    Location : York, England

    Re: Alec's eConomy money making guide!

    Post by WaxCrayon on Thu Aug 18, 2011 10:39 pm

    It's odd that it's worth so much when it's got so little genuine value.
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    Alec
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    Re: Alec's eConomy money making guide!

    Post by Alec on Fri Aug 19, 2011 2:12 am

    WaxCrayon wrote:It's odd that it's worth so much when it's got so little genuine value.

    Either way it is a very good source of money Smile.
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    Ragnas
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    Join date : 2011-07-06
    Age : 27
    Location : Texas

    Re: Alec's eConomy money making guide!

    Post by Ragnas on Fri Aug 19, 2011 4:24 pm

    The selling price of the server shop's redstone is in question. So get it while you can.
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    Sir_Sheep
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    Re: Alec's eConomy money making guide!

    Post by Sir_Sheep on Sun Aug 28, 2011 4:18 pm

    I say they keep it the same. Most shops are either full, or the shop owner is out of money. Selling redstone at the server shop is pretty much the only way to make real money (except diamonds and gold, which are both rare).
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    Ragnas
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    Re: Alec's eConomy money making guide!

    Post by Ragnas on Sun Aug 28, 2011 4:22 pm

    well the point of it is having to actully work to make money. Mining for 2 hours and making 20k is not all that fair.
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    SupahTree
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    Re: Alec's eConomy money making guide!

    Post by SupahTree on Sun Aug 28, 2011 6:19 pm

    Yeah, I think it's too high for redstone. Money should carry power behind it. You should have an internal struggle on whether you want money from selling a rare ore (gold, diamond) or to keep it and use it to gather more resources/create things with it. Redstone is pretty useless aside from little projects, and it's quite easy to come by.

    But that's just my thoughts on it at least.
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    Ragnas
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    Re: Alec's eConomy money making guide!

    Post by Ragnas on Sun Aug 28, 2011 7:14 pm

    Jefe has already said he plans on changing the price.. In all honesty I dont see this happing until 1.8 comes out. I think he plans on hitting 2 birds with 1 stone there.
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    SupahTree
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    Re: Alec's eConomy money making guide!

    Post by SupahTree on Sun Aug 28, 2011 8:02 pm

    Yeah, a big revamp of the server for 1.8 would be nice. Make money harder to get, towns harder to start, chest shops play a larger role, etc. It seems like it'd be quite enjoyable that way.
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    Realirony
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    Re: Alec's eConomy money making guide!

    Post by Realirony on Sun Aug 28, 2011 8:48 pm

    Yea that would be a good idea. Money doesn't really have much power behind it if it is too easy to come by. I know that I've gathered a decent amount of cash but I do not spend it because I can just as easily go out and mine the materials myself. Making money harder to come by and carrying more power to buy things of use will make people want to actually make money for the purpose of spending it to keep mining/living/etc.

    Ends have to have some sort of reward pathway to make the means appealing to those that would go through the trouble in the first place. Very Happy
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    Ragnas
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    Re: Alec's eConomy money making guide!

    Post by Ragnas on Sun Aug 28, 2011 9:13 pm

    I do aggre about making a town harder to start. To stop all this new towns popping up every hour flooding the server with retardation.

    Honestly I think towncreation should go through a approval process.
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    SupahTree
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    Re: Alec's eConomy money making guide!

    Post by SupahTree on Sun Aug 28, 2011 9:43 pm

    Yeah, perhaps something similar to the process we used to have for warps? That way one person towns will become impossible.

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