Does anybody know how big of an industry RWT is on Runescape? And how big of an industry rwt is all together? That being black market, so minus games like clash of clans etc where you can buy it directly from the gaming company   

big

There's loads of rwt websites for rs alone, let alone all the other popular games out there, plus communities like us botters contribute to the industry and there are tons of us.

most people rwt

Not sure about worldwide, but China is obviously by and far the biggest name in the game, and in China. . .

1.2 billion pounds = around 1.6 billion US dollars. Article also says China makes up about 80% of all gold farming RWT. I don't think it's possible to find an accurate number for RuneScape alone.

https://www.theguardian.com/world/2011/may/25/china-prisoners-internet-gaming-scam

WoW in China says 3 billion in 2009, including grinding services as well. https://arstechnica.com/gaming/2011/04/wow-players-could-one-day-buy-fair-trade-gold-from-chinese-farms/

Some more reading: http://news.bbc.co.uk/2/hi/technology/7575902.stm

https://kotaku.com/5594424/gold-farming-research-digs-up-similarities-between-drug-dealers

http://news.bbc.co.uk/2/hi/business/5151916.stm

When bogla sells to arcus for 2m, quite abit g.

8 minutes ago, THS said:

When bogla sells to arcus for 2m, quite abit g.

Did this actually happen?

1 minute ago, Takko said:

Did this actually happen?

ya

Just now, THS said:

ya

Wow, I knew Bogla was a well known name to most of the underground community. Didn't think they generated nearly enough revenue to be evaluated passed a million though :x.

big

Shit... after reading the comments..  who would have thought

How Long is a China man

How Long was his name

1 hour ago, Volta said:

How Long is a China man

 

26 minutes ago, bogancherry said:

How Long was his name

Badummm tssss

big enough as the difference between 1M Gold 07 was always worth close to 1$