Man Who Paid $335,000 for Virtual Real Estate Explains Why

Just a week ago, a man sold a nightclub in online sci-fi game Entropia Universe for a mahooosive $335,000. Forbes tracked down the foolish buyer to find out what the heck he was thinking. This is his story:

[MrAwesome]

I wonder how the seller felt...

[Bereaver]

People misunderstand this game so much. It has a bigger fanbase than what they expect too.

Why is it not foolish to buy a house in real life to have a chance to sell it later or rent it out to make money but is foolish to buy something in a game that can be rented out or sold for more later?

[xtreampro_REVENGE!]

Because a there's physical benefit in buying and selling a home in the REAL WORLD such as LIVING IN IT, no to mention it benefits the one buying it and the one selling it.

You would know that if you quit taking hallucinogenic drugs for one minute.

[jwk94]

Dude can still sell it in game and make real money though.

[dkgshiz]

Is like the strangest most craziest type of materialism Ive ever seen. Its a slap in the face to people who break there backs every day to make an honest living. When people like this guy buy a virtual home For $300,000. Why not give it to some sort of charity? Hell, your better off just giving it to a homeless man walking on the street.

[dkgshiz]

Its a fucking virtual building that means nothing. Nobody can actually physically go inside it....my head hurts to understand why your trying to defend this retarded fanbase that blows there money on virtual buildings. On a side note, what if the company who created this game went under? That means the servers go down and these peoples poorly choosen investments (If you can call them that) go bye bye.

[Baka-akaB]

@xtreampro_REVENGE!

I hear you , but it's hardly as silly and inconceivable as you state . People have been dealing with huge investments in non tangigle stuff for a while ... look at wall street .

And no it's hardly always on materials and goods .

[badz149]

has faith in internet more then even the likes of Steve Jobs, Bill Gates or Steve Balmer! you don't hear these guys buying any virtual property for future investment but this guy just did!

[HeroComplex]

Many items have gone for hundreds of thousands of dollars. The most expensive item sold, per Wikipedia, went for $635,000. What if the game is a front for illegal activity with people getting paid for doing "business" through the selling and purchasing of game items? What if this was being used by terrorist to store and transfer money since they can no longer use banks or financial institutions? What if? :O

[lastdual]

"I'm rich."

[BornToKill]

mental illness that's why.

[despair]

From what I understand Entropia Universe is basically monetary in nature, I mean you probably could not do anything without investing some real cash in order to eventually turn a profit if you're lucky. What this guy did was an investment that could be compared to real life, it could pay off for him in the future or he could lose a lot.

Interesting idea but not something most people will get into or accept. I mean no matter how you look at it its still virtual.

[MsmackyM]

Money is virtual, its just printed paper given an accepted value. Currencies crash all the time.

[CountDracula]

He did it because it gets him one step closer to a cure for Cancer.

[madara0sama]

If he had that much money in the first place I doubt he even cares.

[HurtfulTimez]

some people really do have more money than sense. what a fool look how many people he could of helped if he gave just half that money to charity

[Rage_S90]

lifes a beach

[DarthBigE]

so how do you get into this game and make stuff? I want to be a thousand air too

[xg-ei8ht]

Pretty fking stupid.

Some people have too much money and too much time.

Kinda reminds me of hollywood people, too much money with too much drugs.

[DanteKnightsTemplar]

If they shut the servers? Make a newer game? I see this man being the biggest dumbass in all the losers of Entropia or whatever that crap is called.

[artsaber]

This dude has to be loaded to think of $335,000 as soda money or XBL points or PSN cash. I can think of a few reasons WHY he bought it:

1. Stupid
2. Foolish
3. Moronic
4. Has no concept of the value of things.

Lets see what BETTER things he could've bought with $335,000:

1. A REAL House
2. A Lambo
3. Fed and clothed the hungry homeless or orphan children of Boston
4. Went to the Bunny Ranch in Nevada and have a booty buffet.
5. Do a "Pick Two" of any of the things I listed above.

Are we sure this dude ain't a Hilton?

[Urahara]

I hope he dies...

[Coogi]

I think 99% of these posts are pretty unintelligent and half didn't even read the article. Realistically, this was a good idea, he's gonna make a lot of money from it. If you disagree you just don't understand the concept.

[xtreampro_REVENGE!]

The money he makes is literally worthless and not to mention that paper money is worthless itself so what is he gaining?

He basically bought nothing and sold nothing. There are over 1001 benefits in buying & selling in the real world than in the virtual world.

Think about it, he's going to sell NOTHING for more than he bought it for which means the one buying it gets scammed and the one selling it gets more $ for selling nothing.

Both the buyer and seller are then classed as 'idiots'

This why I said before that anyone who's doing this needs help because they're mentally ill.