that's true, but you also have to remember this game is getting close to 100 weeks old. 1 mil is only just a little over 50k a week. that's not difficult over time no matter how much time people spent in game.
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I'm sitting around 50mil right now and have spent at least 50mil on stuff as well.
The materia boom was a big plus, mainly because you can spend 5k on a Dated Electrum Ring and turn it often into a Materia that sells for over 200k, sometimes 500k+. There are 11 materia conversion slots in your inventory. When i buy a set to bond and convert i spend usually about 150k and it turns into over 1mil worth of gil in Materia. Because the dated stuff is still around, it's really easy to spirit bond lv 50 gear, even if you're at lv 30.
For crafting leves, you still get usually an average of 10k worth of free stuff per leve and meanwhile you are spiritbonding. 3-5 hours of crafting leves will be worth 1-1.5 mil gil pretty easy.
For gathering, it's even better. Raw materials like Iron, Cobalt and Electrum (not to mention the new stuff) drop like water from Gathering points and sell constantly in the markets. 3-5 hours effort is worth 1mil in materials sold plus another 1mil in materia profit from spiritbonding.
Given the games been out as long as it has and with all the various other price booms created from patches along the way, it is very possible. Although i notice there's also a great number of penniless people around too.
you can get 100,000 gil reward with just one fraction leve.
I'm after mining achieves, started not long ago, and selling alot of my ores to linkshell members at a discount and I'm sat on 8mil now, if I was just selling on the wards, I could make alot more.
It's easy really..I just literally sell everything I get >.> All those random drops, gathering stuff, stuff I craft and get from leves..