January 29, 2004
Like it's 1999

I remember stumbling across a pair of boots for Ultima Online, while searching for something else, back in 1999. I searched for "Ultima Online," and found over 50 other auctions of virtual goods. I thought, that's about as far as things are going to go. That's as far as they can go.

Of course, they went further. EBay has built taxonomy for that parallel economy, we all know this by now. But there's a new virtual commodity working its way up those charts.

As with the prices of those original UO boots, I'm surprised at the prices we'll pay for the things we'll never have.

Posted by kevin slavin at January 29, 2004 01:41 PM
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