I can only answer 3, the only reason to do oryx and not get loot is for the touch of malice. since most of the bosses are somewhat challenging, the incentives should be personal gain and fun, with loot just being extra. my friends didn't receive any loot all raid except the class item (we went from the beginning through the death sisters), and they were still having a blast.
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Bounties and quests are the cyclotomic activities I am referring to. The raid is nice graphically, but is only about shooting in the head with a 290+ sniper. All the PGM who have been pimping it out with their Osiris emblem and weapons should be able to complete the raid in a blink of an eye. I'm no fan but I failed to go to Mercury, yet I draw some 780,000 to the war priest, 5,900,000 to golgoroth, and so on. I am part of the players that this very caring community defined as "get good", yet my team kills this raid in 5 in less than 2h already... And this week we'll do it in 4. In fact I dare players who say it's difficult to go into the VOG on normal mode with lvl 25 gears and 110 weapons without primary elemental damages and one guardian missing. Let me know how long you take to open the vault lol!
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It's cool that having fun doing the raid makes you happy but you are not everyone. There are those players that raid specifically for the loot and not just because they think it's fun. I'm not knocking you for feeling that way, just asking you to understand that fun is not why others do it.