[Mman]

Anyone in favor of a reset probably thinks everyone has 50+k and got it by hacking.

A reset would do more harm than good. The players who *gasp* DON'T have a ton of money would lose everything they have. It takes long enough to earn the 500g needed for a diamond axe.
Are you saying those who just got the axe and are now making a good profit off of mining should be reset and have to go through all the crap they had to go through to get the 500g AGAIN. No they shouldn't. Don't set everyone back to newbie stats, people will get pissed, and will quit