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Yes it is, although it doesn't have the population it used to. People are still playing Pre-Searing and you can probably find the largest group of players in Kamaden.
I've started playing Guild Wars again and there are always people playing in Pre-Searing. My character hasn't gone to post yet but I would imagine it's the same.
From what I understand pugging is dead but you can get into a guild and progress through content with guildies. They upped the number of heroes you can have to 7 so you can have a full party without needing anyone for most of the content anyway.
Just picked it up myself and rerolled for the original core game. I'm still in and around Ascalon and it's overly active. Not sure if this is because it's a starter area or that the game has pretty low population. I do enjoy playing the game though and I hope I can finally start to fill my Hall of Monuments (never really worked for that).
I am worried though how long the servers will be online. With the last year's revenue numbers being shown, I fear that sooner or later GW1 will be pulled completely...
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If you want to play GW1, you can easily do it. It doesn't matter how many other people play as you can do everything by yourself with heroes. It's sometimes more fun as it's all up to you to figure out how to beat the different missions.
I logged into the game a few weeks ago to open my 1 billion anniversary present and just for lolz. I saw only 6 people in Kamadan which to me means that the game has a very low population at the moment.
Again you don't need to rely on other people to enjoy the game. This game is quite fun even solo because unlike 99.99% of MMOs it actually requires skill to beat the mission.
HOwever, if you are expecting to be doing tons of missions with others and to enjoy its amazing PvP system, I think you're a bit too late to the party.
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A population comparison for you.
In 2010 I played GW2 almost exclusively for a year. I would log in every day and see roughly 4-6 channels full in Kamadan (The most populous area in the game). I stopped playing GW1 around 2011, and have recently decided to come back to the game.
This week I've been logging on every day, peak times it looks like Kamadan gets 1 2/3 or so channels. So you have Channel 1 that still gets full sometimes, and Channel 2 that is sometimes quite populated as well.
If I had to guesstimate, I would say that there are at least 400-500 people online during peak times every day. Non peak times it can be tough to find folks, but other than that I haven't had trouble finding players in any of the three capital cities during peak times.
Lions Arch has about 8-15 people on during peak times.
Kaineng Center you are looking at about 8-15 people during peak times as well.
There are people playing, you just won't be running into folks in random hubs around Tyria like you used to. It has become a very solo, or duo experience.
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