Bitcoin Traders Are Buying RuneScape Gold (OSRS)
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- Опубликовано: 8 дек 2020
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I've talked about OSRS Bots, RuneScape gold farming, and even corrupt Jmods. Today's story is nothing like any of that. This is why Bitcoin traders are using RuneScape gold as their starting form of online currency.
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Do you have any tips to make video titles more clickable? I make a ton of good videos most of the time but my thumbnails still arent the best and it ruins the potential majorly
@Blue Artvix The way I do it is by seeing what I actually click on when I'm watching RUclips. Sometimes if something catches my eye I try and figure out why it did, and why the videos right next to it didn't. :)
You do know most streaming services TOS forbids the use of a VPN to bypass georestrictions, there's a reason for georestrictions, it's called copyrights and broadcasting rights, you shouldn't tell your viewers to break these terms of service as you'd be partially responsible for their service termination.
Also these Virgin Island VPNS aren't lawfully compliant with most countries tech laws, so it wouldn't be a long shot for them to sell your data on as they have little to no responsibility for your data.
(All VPNS should log data for the authorities more than anything, it's a safeguarding thing, ones that don't do this are usually underhanded in many ways)
@@JamaiiQ not many have, it's regarded by those who have even basic knowledge with VPNS as being trash but that £€¥$ is > integrity.
RuneScape gp is the og cryptocurrency.
True dat
True
L0l rsgp back in the day was. Since 2010 it hasnt been shit.
Though rsgp is still a currency, its not OG
Edit: I knew a guy who sold a white partyhat on rs3 in 2005 for $1950 UsD
Lmao 4 real
The only difference is that rsgp value only goes down.
Runescape never fails to amaze me.... from the gold farmers providing for there family, To sand casino players making or loosing real life bank... the game has passed just a MMO stature its a real thriving economy
Honestly runescape seems almost perfectly designed to become a proper economy.
It's old as fuck, at least in terms of games, so it's stood the test of time and has a dedicated core of people both new and old. It's filled to the brim with items that have consistently held a relatively decent value, sometimes even surviving market collapses from botters and farmers attempting to flood the market with them (although obviously not all items were able to recover, and many that did recover still ended up less valuable than they once were). The currency has held such a consistent value for so long that it's worth more than many actual countries. The game doesn't demand you have a powerful computer so it's open to virtually every single person on the planet who has a computer built any time within the last decade and a half. Furthermore, it's available even on mobile and as this video shows you can set up a burner phone with an account to basically achieve peak anonymity. ect, ect.
Like, I'm not trying to condone RWT in any way; I'm just pointing out that there are logical reasons why it _does_ happen. After all, basically every mmo in existence has had RWT at one time or another, but there's a reason why only a handful of mmos, such as runescape or WoW, have managed to achieve a stable black market.
losing... please
Inb4 there's a Columbian drug lord hiding his money in runescape gold
Gets banned.
Jagex has single-handedly wiped out the drug cartel!
Is colOmbian nos colUmbian
Back in the day when I hung around really the wrong people I knew a guy that stored money from hacking bank accounts on a steam account. Honestly kind of a smart method because you can just sell game keys on 3rd party sites and get a good portion back. Laundering often only has about a 50% return rate anyway.
That's gotta be one poor ass drug lord
RuneScape GP is basically now the international Currency
RSGP should be listed on currency exchanges that would be so funny
Oldschool has been out for 8 years and no version of Runescape has lasted more than 17 years. Its a temporary occurence at best.
@@cIeetz Oh yeah. And you think your pirate scheme will survive?
Sooo, all I can think about is how stupid some people are going to feel if OSRS suddenly goes out of service, or their accounts get banned for some reason.
Imagine dropping like $10k on OSRS gold to transfer/exchange over to Bitcoin, but instead, Jagex catches on before it actually happens and straight locks the account. Big oof
10x 1k trades
Would love to see you interview Erik & joa on their bug abuse history.
this is why these videos about this vintage software showed up years ago as somehow still an active phenomena
nice video man! was really intresting to watch
Rs gold has been used for money laundering for a long time lol
Lmao 🤣🤣
Can you make a video perhaps detailing how removing the ban on players selling gp would affect the game?
Logs are kept indefinitely untill they dont have the resources or value in certain logs to keep them. Or the drives are physically destroyed.
rs has a larger economy than some countries, this is almost like legitimizing gp as a currency lol
FYI this pretty much the best and the only way to get crypto as someone under 18, since lately governments (especially in the West) have been cracking down on anonymous trades.
They want your money.
Localmonero has no kyc and you can change it into bitcoin easily with the feather wallet app for monero
Buy RS Gold, trade from BTC and exchange the BTC for XMR (Monero). 2 layered anonimity.
A video on the old merch clanchats would be cool might be some still around
Super interesting topic, ty!
So glad I subbed to you
Got a crypto currency ad when I clicked on this video lmao
Not surprised. I see a lot of rs gold companies top tier sellers on bitcoin selling sites
"They wouldn't have binding evidence." - Jagex can track whom you traded and what you traded to other player.
I doubt jagex can link a gold purchase via paypal to gold traded in-game though..
Even if they could, once you exchange for btc they wouldnt be able to track your later transactions
"link a gold purchase via paypal to gold traded in-game though" exactly there is no link from the human to the bitcoin they now posses which is what they were trying to accomplish with that. Binding evidence doesn't mean linking two things in this context, damning evidence would be the layman term.
exactly, which is why these days Jagex has made fools of themselves banning people for just transferring gold within their own accounts. Now its very hard for them to track real world trades, because they have to decipher if You just had a friend give You money (which was possibly discussed on something like discord, negating a need to discuss it in game and leave a trail of conversation they would then have to tediously decipher on every instance of high gold trades which would take them forever)
Thought that intro was part of the vid but nooo...it was an ad 🤣
Wow. Thats crazy. Nice video.
in 2007 i used to buy sara armour sets instead of mills of GP from the main store at the time because it would end up being cheaper and thought i was on road to becoming a CEO
BTC to 50k and ethereum to 10k!
eth will take over btc in marketcap
we will ride lambo's and all have maxed accounts when we moon
Colo i met you at Amethyst like a week ago! not sure if you remember talking to me... but this is a sick video! great job
Ty for watching! :D Hope to see you again
Just when I thought the surprises of 2020 had subsided
Weird that there's no bitcoin ATMs in Sweden. I live in neighbouring Finland and you can find them in most large cities here. I'm sure you could find someone ready to sell BTC for cash to in Stockholm, just go on reddit or some other internet forums where people talk about crypto exchanges in Swedish and they'll point you in the right direction (only meetup at a public place of course).
Sweden is pretty much a physical cash-free country, mostly depending on credit card transfers. This is why Eric couldn't have gotten anyone to sell bitcoin for cash and, as you know, credit card transfers are not anonymous.
Used to use the school office phone to "call my parants", but just ring the jagex membership PIN phonebilling serving thing, then sell swap the mem pins for gp to sell to other class mates for lunch
gp is tied to bitcoin value, atleast in Venezuela, i know this since the start of gold farm fever
This video was actually so well edited and researched that I logged out from my main yt account, not before I liked it and logged on this one just so I could like it again. Great job man, for real!!
I'm so glad you enjoyed it!! :D
The fuck ever lol...
Crazy world we live in.
Why would anyone do this? Unless there’s a mass ban on bots their gp is going to devalue
What is the outro song used ? Shit goes hard
BTC isn't anonymous. Look into Monero (XMR)
Note: That ad blocker at 0:26 isn't very good, use ublock ORIGIN instead
uBlock origin with Reeks anti ad block blocker, and tampermonkey
just the intro of this video had me hooked you are so good at writing intros bro keep up the 10/10 content brutha ♥️❤
I really appreciate that! :D The intro is one of the most fun parts to make
@@ColonelloRS its the best way to hook the audience. its gotten to the point with your videos that i compuslively click on your vids the second i see the notif lol
not to mention you consistently cover topics ive never even heard of or havent seen any other creator make. this video is an excellent example
@@ColonelloRS btw sorry i disappeared from the clan chat, ive just been lowkey bored of only being able to play runescape on my phone :/ i do miss talking to all of you guys in the cc, ill cherish the memories ive made joking around with you and fartly man and the rest c: ill be sure to check in with yall soon as i pick the game back up again tho ❤
Runescape gold is good as crypto and it's very liquid, however, GP still gets devalued because of inflation just like the US dollar or any other fiat currency.
RuneScape gold is widely used by a big amount of the "black market" users. You buy gold of the sellers on the stolen cards/currency then sell it straight back to another to your real bank account. The turn around compared to usual methods and simplicity in it make it very popular, reason a few of the big gold selling websites no longer allow you to connect to the website while using a VPN
so that's why half full wine jug is 25b
Cool video.
But what cryptocurrency expert can’t buy Bitcoin?!
I actually feel cool for playing OSRS now 😎
may i know the title the outro? Thanks.
no
Bitcoin ATMs in the US require ID
No some don’t some req it if u buy over a certain amount like 1 bitcoin machine in my city dosent id u with transactions under 900
tibia is actually a much better option than osrs
people are allowed to sell tibia coins for irl money, its like wow tokens but can be tradable with little to no restrictions and they can be bought with in game gold too
RSGP is how I found out about Bitcoin. RSGP is transferable to anyone in the world with an internet connection and it holds its value better than the dollar in some countries.
I wonder what Andrew, Paul and Ian are thinking the monster they created
Ikr, there's no way they ever saw something like this coming haha!
Can confirm that there was weed sold for RS gold at my high school pretty regularly. Worked perfect every stoner played RS and wanted weed. Plus the ones selling it didn’t have a bunch of cash laying around at 17. I’m sure everyone has a middle school RMT experience right?
It’s all fun and games until you get banned for RWT and your money is gone.
theoretically you can do the whole thing in under an hour, i doubt Jagex is that fast to ban the accounts. and once you have bitcoin in a wallet you can just use bisq after that
the maximum ban u can get for buying gp is 2 weeks
@@dipkip9 They don't let you keep the money.
Imagine entering sand casino
fuck this is how osrs goes down boys, here we go.
The rs player in me hates it, but the investor in me is a fan of that idea. With the release of rs mobile, the versatility of it as a currency is infinitely expanded. As long as RuneScape exists with free trade there will always be an exchange where it could be converted into usd or any other currency at virtually any time. Considering how out of control botting is right now, I have a hard time imagining the value of rs gp falling any lower than it currently is: and then in a sense you would be banking on another bot nuking or mass ban situation to bottleneck the supply long enough to get a roi just to re invest that money back into gp when botting inevitably returns. It’s staking money without the gambling. It’s basically no different than a stock at that point, except insider trading would be highly encouraged.
Problem is the margin for buying gp then selling just to get btc with privacy is idiotic, its a huge spread in favor of those running the rwt bussines. Its more a joke what he did lol, and definetly that isn't related with trading it away
Your understanding of bitcoin as digital currency makes me chuckle
Oh boi you're in for a surprise
Lol back in 2011 I got into Crypto using RS coins. There were lots of groups. That is how I also found out about Altcoins. Lol those guys would trade hundreds or thousands of coins. Lots people Bitcoin for the first time through it.
But runescape gp drops in value every single day...?
Exactly it’s value drops faster and faster every day as bots and everyone else is pumping the game full of items/gp and less people are playing lol
Keep up the quality videos you're awesome!
Thanks! Will do! :D
Or you could sell cs:go skins to get bitcoin.
Just as anonymously and no risk of getting banned.
This is actually fucking awesome
vpn do not work btw thanks for coming to my ted talk
1:57 - this is not true any more. Yes it was maybe a year ago (again, kind of, but also not really) But now? Anyone can set up a digital wallet such a metamask, no questions, no ID, then you purchase via your debit card.
via your debit card
It’s gonna be a lot more bots now.
I'm surprised you report about this now, since it's been 8 months since the article released
good ad integration
Thank you! :)
RuneScape was how I got my first crypto lol
COLONELLO ELLO AY AY AY
We’re all gonna be rich!
Imagine having tens of thousands of dollars in resources and 12 months of time and not being able to buy bitcoin anonymously, if this guy wasn't able to accomplish this painfully simple task I have no faith in anything he claims or writes
Was hoping someone would point that out
Doesn't sound like a simple task. If you have the money and want to buy your first bitcoin how would you do it without leaving any trails?
@@midianet2 buy a preloaded Visa giftcard with cash and buy the minimum amount of btc needed to get an account on a .onion exchange
they have been doing this for such a long time now not anything new
And thats how you going to get trade restrictions in runescape.
@Colonello No thanks
LOL, scammers already got the monologues set up.
Why don't they allow real world trading?
This is going to scare the shit out of Jjamflex!
Time to become rich, boys!
Ive been saying gp is the oldest and most reliable cryptocurrency for so long. Only in the past couple years have people stopped laughing when I say it.
No we aren’t
Funny I was thinking of how rsgp was a good way to launder money last week
It’s not. Good luck hiding any real amount of money this way. Sure, if you need a thousand bucks into BTC for some dodgy purchases, but try launder a million freedom bucks, you’d need to find and buy up 1000, yes one thousand, BILLION GP...
@@kaydog890 Yea I wasn't thinking for millions
The guy with the box of cereal in the beginning only made that money because his Grandmother gave him $1000 to buy bitcoin but he still bought it good for him
Well I rather just train accounts for BTC instead of goldfarming.
Buying then selling would fuck your balance
Rates from gold sellers websites are trash
That moment when you buy a burner phone to play Runescape as an example on how to avoid oppressive governments...
Uhm, he they dont buy burners to play runescape. They buy them to buy bitcoin anonymously. Did we watch the same video?
@@petakismyname4265 lmao thats what reading all these comments feels like
@@petakismyname4265 hahahaha
My man is a chad, his favourite movie is Blade Runner💪
This isn't a very good method to get BTC.. If you go to buy rs gold for .50/M and then turn around and try to sell it you're going to be selling for probably .10-.15 cents cheaper than what you paid. I've used discord servers that offer a service to exchange PayPal venmo and cashapp for btc at 5-10% charge.
Ah so they cant use coinbase to buy bitcoins and use rsgold to buy bitcoins instead ahhh
There are tons of anonymously ways to buy bitcoin, none of which centralized exchanges. They are all slammed with regulations imposed on them by the SEC, like the Know Your Customer laws among others. There are quite a few smaller sites that have popped up since the SEC has starting keeping tabs on crypto that encourage peer to peer transactions between users looking to buy or sell their bitcoin, with a variety of payment methods. Its interesting Mr. Wall used an obfuscation technique that is common practice in the crypto space, that is, you buy bitcoin (or whatever currency you want) trade that bitcoin for an equivelent amount of some other crypto currency, then trade that same amount back to bitcoin using a different 3rd party. At this point, you have destroyed all traces of the bitcoin you purchased from the bitcoin you are currently holding, because the block chains of two separate crypto coins cannot be correlated (or at least hasnt been yet).
Im not sure what the chances are of "Duping" Bitcoin, but I tell You, eventually someone WILL find a way to fully Dupe Runescape GP, and the currency will become worthless within a few months. Its happened before on previous Runescape versions, it will happen again.
I don't see why Bitcoin is so valued, every transaction is recorded so the government would know everything you did.
but not with ur name atatched to it
@@soulsreaper7145 Yeah, but it will have your wallet ID so if anyone ever finds out who it belongs too, they know everything you ever did
@@FreeRsGuides That's why you have to keep it separate. It gives you the access to create a new identity, just don't merge them and you're safe
@@FreeRsGuides And that is why we have altcoins like Monero ;)
you don't have 1 wallet id, but 1000's of em if you wish
Drop trade the gold between the two accounts and there will be no trade record for Jagex to pull up.
"IM A SPOILED BRAT WHO SOLD MY CHRISTMAS GIFTS TO BECOME A MILLIONAIRE THROUGH BITCOIN INFLATION."
Edit : I still have a locked account with 413.30 bitcoin, I bought for like $0.15 each bitcoin back in 2009
Let me get $10 homie
Let me get $10 homie
>I still have a locked account with 413.30 bitcoin
Not your private key, not your coins.
runescape, the game wre you have to protect ur username more than ur password. nice
This will probably make the price of gp/mill go up.
2nd step is sell, which cancels out previous demand pressure
dumbo
Lol yeah I'm talking about the initial price spike. I never elaborated any further information so you assumed what you thought I meant "dumbo" 😂 clown
I’ve made thousands of dollars selling gold off this game. It has never ruined the game for me one bit, simply a staking accounts I have funds in to gamble with and main to pvp/pvm to have fun in and no I’m not from a third world country. I work full time in the military and use it as a side hustle.
At this point, Jagex needs to reset the game. This gp thing is getting out of hand.
WHAT
But you could always mine more gp by botting in game and this would quickly destroy the value of the currency along with the game. Jagex would also be easily able to see when people are trading thousands of dollars worth of gp
Only methods that create new gp via things like high alch or monster drops increase inflation in the game.
Paid BTC for my internal cape. Used btc atm. Don't do it. Mine is still fine but I literally had a buddy do it. Infernal cape sellers are all scams it seems
I wonder if he's be into cryptocurrency for a while, or if he researched all of this information solely for the sake of the video.
A bit of both. I almost purchased an AntMiner back when BTC was $200, still regret that I didn't. :P Lately I've been more in the stock market but still find alternative investments interesting! Currently don't own any crypto though.
people with a felony can't buy bitcoin? What? Yes the can?
i predicted this
Damn BR2049 is one of my favs too xD. Good video mate.
In other news, Water is Wet!
i stg you always use the clip of the lady killing zulrah lmfaooo
*Criminals: Thx for the computer I wont do any bitcoin purchaes with money*
*Police: Ok as long as it isn't money you buy it with lol you cant buy it with anything but money*
*He Leaves*
*Criminals: Ok what was my Runescape Name and Pass again? Let me find it*