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I could go on Runescape in fact taught me much about economics. Suddenly, I now could see a +-10% change on the value of my digital assets, on which my passive income was built. This required a standardized pricing mechanism, like an order book, where prices of any item would fluctuate based on buy and sell orders.

Runescape eventually introduced the Grand Exchange, a literal in-game stock market that allowed power users like me to sell much larger quantities of certain items instantly, across all Runescape servers (referred to as Worlds) simultaneously. What if I wrote a macro to record my cursor and clicks during my route from the 'bank' (where you can deposit any amount of any material) to the nearby respawning magic tree forest? I could chop enough magic logs in about 4-6 hours to make $10. It took a staggering number of real hours to achieve this skill level, we're talking several hundred hours minimum.Īt some point I had realized that there were different sketchy websites that would buy and sell the in-game currency, gold pieces or GP. This account had level 80+ woodcutting, allowing one to chop magic trees - which would produce the most expensive lumber in the game. In the late 2000s, as a teenager, I was gifted a Runescape account.