Valuing time

[L0rdAki]

I value time at 0gp/hour. It's what I do, i dunno an effective way to make cash. Greens result in a net gain of 200-300K per hour. Fungus is like 200k.

 

That's not the point though. Because I value time now so lowly, time later is going to be a big part in my efficiancy calcs.

 

Basically, without doing a stupidly slow method (eliminating them manually, like cleaning rouge's purse or something stupid) is this going to have a huge impact?

 

Also, is this a sane thing to do? (so yeah, it has become a money thread, but sue me, I'm so thick.)

 

edit: I'm a dumb [wagon]. I forgot I had another thread open along the same lines while posting about it...

Please reply here, I've asked a nice moderator to do some merging for me and clean up this stupid mess. Apologies for any inconvienience caused.

[Grimy_Bunyip]

I value time at 0gp/hour. It's what I do, i dunno an effective way to make cash. Greens result in a net gain of 200-300K per hour. Fungus is like 200k.

 

That's not the point though. Because I value time now so lowly, time later is going to be a big part in my efficiancy calcs.

 

Basically, without doing a stupidly slow method (eliminating them manually, like cleaning rouge's purse or something stupid) is this going to have a huge impact?

 

Also, is this a sane thing to do? (so yeah, it has become a money thread, but sue me, I'm so thick.)

 

edit: I'm a dumb [wagon]. I forgot I had another thread open along the same lines while posting about it...

Please reply here, I've asked a nice moderator to do some merging for me and clean up this stupid mess. Apologies for any inconvienience caused.

well they're not efficiency calcs anymore if you rely on eliminating t hem manually.

then they're just gp/xp calcs with you removing all stupidly slow methods.

 

so yeah, you'll probably end up wasting your time.

saving time requires 2 things.

1) doing actual efficiency calcs

2) knowing, accurately, the value of your time.

 

you know how people say you shouldn't live outside your means right?

same goes for living under your means.

[L0rdAki]

So what figure should I be using? 200k or 300k? Or stick to the middle and go with 250k?

 

While I'm not a math nut, I do love maths, and I suppose this is learning practical stuff...in a way...

 

Still prefer inductive proofs though.

[Grimy_Bunyip]

So what figure should I be using? 200k or 300k? Or stick to the middle and go with 250k?

 

While I'm not a math nut, I do love maths, and I suppose this is learning practical stuff...in a way...

 

Still prefer inductive proofs though.

what are your best money makers then?

only the biggest noobs make just 300k gp/hour

 

Be sure to farm and do dailies. They're essential to having a good income, regardless of your stats

[L0rdAki]

I'm a big noob then.

 

I farm avantoe/cactus spines, do mtk with 10 on herbs and 5 on fish, pick fungus, kill greens (with ranged using a terror over tort to save cash on pouch), and that's about it. I've thouroughly discerned from other topics my skills arn't good enough for anything else.

 

Edit: I also get about 2k broads and feathers from stores daily, depending on when I get up. I know there's some dailies with achievement diaries, but I can't rememer them. I know battlestaffs, but i saved up 100 of them from zaff and they didn't sell. Gf 700k.

[Grimy_Bunyip]

I'm a big noob then.

 

I farm avantoe/cactus spines, do mtk with 10 on herbs and 5 on fish, pick fungus, kill greens (with ranged using a terror over tort to save cash on pouch), and that's about it. I've thouroughly discerned from other topics my skills arn't good enough for anything else.

 

Edit: I also get about 2k broads and feathers from stores daily, depending on when I get up. I know there's some dailies with achievement diaries, but I can't rememer them. I know battlestaffs, but i saved up 100 of them from zaff and they didn't sell. Gf 700k.

you give up so easily.

there are ways for even big noobs to make money.

the best money makers are the ones that people don't know about after all.

 

look up stuff like sinister key money makers.

 

oh buy bird meat from ooglog, water filled vials from shilo village, and 1k water/earth runes + 500 deaths from the mage's guild too

[L0rdAki]

Sinister key running... Haven't tried it, queltar's guide said you needed like 70+ agility and a yak to do it rite. Though I'm probably wrong.

 

You also need them to buy and a fairly large amount of capital, iirc?

 

Oh, and the best way of making cash is one that everyone knows about. Solo arma with steel Titan, overloads and soul split with maxed gear/stats.

[glasscube]

I don't know how your only making 300k a hour killing green dragons, thats pretty low... And your melee stats are about the same as mine. I range however, but I only ever beat competition if I use really good ammo, like obsidian rings.

[L0rdAki]

Combination of using more food, getting ksed due to laggy connections, hopping worlds every 15 mins due to overcannon spammage, ect.

 

OCD *must kill every rev that comes near or die trying* is another one too.

[glasscube]

Try killing inside chaos tunnels, I dont bother with the east wilderness dragons.

[Grimy_Bunyip]

if you work like the average joe, you'll earn money like the average joe...

 

try killing blue dragons bronze dragons

they're usually much less crowded.

 

you NEED to innovate and find better money makers.

if you can't be bothered to use your brain to earn money

then you'll get paid the income of someone without a brain

[Nifflin]

With your stats, you should make at least 500k per hour at chaos tunnel green dragons. It's multi combat but your higher then most of the noobs there, all you need to do is be fast. Try dragon battle axe + restore + super attack to boost your stats. This and dalies and you should make over a million if you come on just for an hour and a half a day.

[Low C]

Farm run which nets you atleast 200k in 5 minutes each 75 minutes. Dont know how you figured your money making below 300k an hour when you can make 200k every 75 minutes and it only takes 10 minutes max. After you do farm runs then you could try killing blue dragons in the watchtower enclave. Or you could try killing them in the chaos tunnels if you haven't tried there yet.

[L0rdAki]

I do farming runs every 2 hours ;)

[Grimy_Bunyip]

I do farming runs every 2 hours ;)

the point is that there is something horribly wrong if you value your income at only 300k/hour o.O

[Low C]

That's what I'm trying to figure out. The herb's alone should put you close to 200k xp/hr. Therefore you only need to make 100k more per 50 minutes to get to that small 300k per hour figure and that's pretty bad use of your time. I could get that doing the most obscure and pointless of training methods.. You should be averaging atleast 500k+ per hour doing basic dragon killing or like others have pointed out, running keys, ect..

[Bladewing]

Herb runs + killing goblins and picking up water and earth runes should be over 300k/h, so urdoinitrong.

[L0rdAki]

I'll run some calcs later when I can - little busy in class right now to do calcs.

 

I count herb runs as passive income, not in my time valuing.

 

Should I clean them too? I sell them grimy.

[Zaaps1]

Are you asking for ways to increase your valued time? In other words, do you want methods to make more money/hr?

 

If so, make unfinished potions.

 

I believe the average gp/hr for barrows is 1m+ with the ice barrage + black/red salamander method.

[L0rdAki]

Both the effect of undervaluing time and how to increase the value of time with my stats.

 

First one's already been covered, basically, but we're trying to work out why my time is so undervalued.

 

Calcs in next post.

[L0rdAki]

Ok.

 

Farming runs: every 2 hours, I recieve on average 6 herbs/seed with one death per run. I also get about 3 marigolds per run. I finish off my run with cactus spines. (I also do papayas, but I plan to herby with them so :P)

 

Avantoe seeds are roughly 5k. So are avantoes. Marigold seeds are negligable, marigolds are about 4.2k. Cactus spines are around the same, about 4.2k.

 

Supercompost is about 1k each in the ge, tele runes are like 2k per run, if even.

 

Costs: 9k (supercompost) + 30k (5 avantoe seeds) + 2k (tele runes). This is 41k.

 

Gross profit: 120k (24 herbs, losing 1 seed per run at 6 herbs/seed) + 12.6k (3 marigolds, losing one a run) + 12.6k (spines). This is 145.2k.

 

Net profit ends up being about 100k.

 

This takes (for simplicities sake) 5 minutes. 100k in 5 minutes every 2 hours; that's 50k in 2.5 minutes every hour. In 57.5 minutes I must make 250k to adhere to the 300k figure I work with.

 

At green dragons: it takes 20 minutes for a full load of bones/hides without a familiar, 30 minutes with a bird.

 

Banking time is roughly 5 minutes. This is games neckying.

 

To simplify (dun wanna work with banking times) I'll always use a familiar.

 

I get about 1.7something runs done in an hour (57.5 - 5 mins for banking - 2.5 minutes for random lag and rev attacks is 50 mins, that's 1

and 2/3 runs done, so more like 1.66666).

 

Net loss from a single run: 1k (2 charges on a games necklace), 12* 600 (about 7k from monks), 50 broad bolts (5k ish), terrorbird pouch (500 gp). That's

13.5k.

 

Gross profit from a single run: 40 spaces gives 20 bones/hides. 20 bones at 5k each is 100k. More reasonable assumption is 5.5k ea, so 110k. 20 hides at 1.5k ea is 30k. So 140k.

 

Net profit is 140k - 13.5k or around 125k.

 

Multiply 125k by 1.7, you get 212.5k. That's 262.5k in an hour. A 10% margin of error places my time in between 236k and 288k.

[Grimy_Bunyip]

Ok.

 

Farming runs: every 2 hours, I recieve on average 6 herbs/seed with one death per run. I also get about 3 marigolds per run. I finish off my run with cactus spines. (I also do papayas, but I plan to herby with them so :P)

 

Avantoe seeds are roughly 5k. So are avantoes. Marigold seeds are negligable, marigolds are about 4.2k. Cactus spines are around the same, about 4.2k.

 

Supercompost is about 1k each in the ge, tele runes are like 2k per run, if even.

 

Costs: 9k (supercompost) + 30k (5 avantoe seeds) + 2k (tele runes). This is 41k.

 

Gross profit: 120k (24 herbs, losing 1 seed per run at 6 herbs/seed) + 12.6k (3 marigolds, losing one a run) + 12.6k (spines). This is 145.2k.

 

Net profit ends up being about 100k.

 

This takes (for simplicities sake) 5 minutes. 100k in 5 minutes every 2 hours; that's 50k in 2.5 minutes every hour. In 57.5 minutes I must make 250k to adhere to the 300k figure I work with.

 

At green dragons: it takes 20 minutes for a full load of bones/hides without a familiar, 30 minutes with a bird.

 

Banking time is roughly 5 minutes. This is games neckying.

 

To simplify (dun wanna work with banking times) I'll always use a familiar.

 

I get about 1.7something runs done in an hour (57.5 - 5 mins for banking - 2.5 minutes for random lag and rev attacks is 50 mins, that's 1

and 2/3 runs done, so more like 1.66666).

 

Net loss from a single run: 1k (2 charges on a games necklace), 12* 600 (about 7k from monks), 50 broad bolts (5k ish), terrorbird pouch (500 gp). That's

13.5k.

 

Gross profit from a single run: 40 spaces gives 20 bones/hides. 20 bones at 5k each is 100k. More reasonable assumption is 5.5k ea, so 110k. 20 hides at 1.5k ea is 30k. So 140k.

 

Net profit is 140k - 13.5k or around 125k.

 

Multiply 125k by 1.7, you get 212.5k. That's 262.5k in an hour. A 10% margin of error places my time in between 236k and 288k.

a- dont sell game necklaces @ 1 charge remaining

b- you average 6.6 herbs/seed with magic secateurs

c- lastly and most importantly, quit failing at killing green dragons

 

20 minutes for a full load without a familiar is ridiculous

even 5 minute run times to get to green dragons is ridiculous.

 

I don't know how laggy you are. But your numbers smell fishy.

 

look..

 

People have given you multiple money making ideas.

Take them, or figure out your own solution

you really should not be worrying about being able to do efficiency calculations right now if you can't even make money properly.

unless of course you are calculating efficiency for the sole pleasure of calculating efficiencies, which I don't think is the case.

 

so set your priorities to finding a better money maker first.

or accept that with or without efficiency, you will forever be doomed to fail.

[L0rdAki]

I lag like all hell. I can't go bossing until I get my good connection back, which won't be for about 6 months (unless I get on from a library or something).

 

I do like calculations, but that's not the sole reason I do them.

 

The herb figures are what I've taken as my own from over time. My luck is worse then anybody on this forum, taking 6.6 is wishful thinking, especially with no deaths.

 

Unf potion making sounds good but I'm not sure if they sell...

 

That could be where the trouble lies though. Where should a player with my stats value my time?

[Aiel]

I prefer to value my time high, rather then low. I figure if I try I can make 1.5m p/h at DKs and TDs, without herb farming+dailies, 2m p/h with. While most of my money making time isnt spent at DKs/TDs I use these for sake of simplicity. As I said in our PM conversation grow better herbs, and work on getting a better connection. Although I don't see how connection could be THAT big of a factor seeing as I get ~500 ping on one of my computers, and still manage to make well over 1m p/h.

[Grimy_Bunyip]

Unf potion making sounds good but I'm not sure if they sell...

a smart player figures out which unf potions sell, makes those, and earns millions.

everybody else either finds a better money maker, or chokes and their insecurities and dooms themselves to poverty.