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skyblock's UNHINGED black market - Hypixel

Published on Wed, Dec 2nd 2020 Gaming Rectangular HD

On the largest server in Minecraft, there’s a problem--a huge problem that server staff has fought back against constantly. In Skyblock, the server’s most popular game, people are trading valuable items, gems, and in-game coins for real money. While this problem has existed for a while, it has become an especially huge problem leading up to a lot of major updates. Whether you realize it or not, if you’ve played a decent amount of Skyblock, this issue is bound to have affected you. Irl trading has caused massive inflation in the Skyblock economy. A lot of items you see could be a lot cheaper if not for this fact. Irl trading benefits the trader at the expense of everyone else.

Irl trading is a full-blown Minecraft black market with a lot of people making profits from the bottom and kingpins at the top. Hypixel staff have made numerous attempts to destroy this black market and yet, it still persists today. Controversially, Hypixel made the entire game pay-to-win in an effort to discourage the practice. How has the update impacted the irl trading black market? In what ways does irl trading resemble black markets for physical goods? Most importantly, why don’t you join the penguin army by leaving a dislike? We’ll get into all that and more in the Unsolved Mystery of Irl Trading.

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- cloak - https://store.badlion.net/shop/Zyphon

== Note About Thumbnail ==
The black market sells coins for as low as 25 cents per million. The Trading Tsar is estimated to have made at least 40 billion coins per day. As a result, he easily made over $10k per day.

However, this is the lowest rate (at the time) from the biggest bulk purchases. The lower end of most average purchases is 50 cents per million. If you take the value between both (37.5), you get $15k per day. I decided to highlight this value being over $14,683 rather than $15k because the former sounds more interesting (while still remaining accurate).

== Credits ==
HOME (https://soundcloud.com/home-2001)
Lego Maestro's ThirtyVirus Vid - https://www.youtube.com/watch?v=NeHcT_14QKI
im_a_squid_kid's Vid - https://www.youtube.com/watch?v=7H6fIIkUI_s
Hypixel Skyblock Wiki

== Other Stuff ==
discord - https://discord.gg/H3kskMb
twitch - https://www.twitch.tv/zyphonthepenguin
second channel - https://www.youtube.com/channel/UCQN7Af9TG68t2Mi9AeW2CJA
twitter - twitter.com/ZyphonYT
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#Minecraft #Hypixel #BlackMarket