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giantgerbil1

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Posts posted by giantgerbil1

    Is the Grand Exchange Fueling Deflation?

    in General Discussion

    Posted

    Just a quick thing i noticed, prices seem to be dropping on several very common items. Things like whips, potions, and armor.

     

     

     

    Before the GE came out, super attacks could be sold consistently for 1k each, not much of a problem. When the update was released with the Grand Exchange, the average shop price (Set by Jagex) was roughly 800gp. So i went and tried to sell 100 super attacks for 800 each, i noticed it was lower than normal, but i knew it would stabilize.

     

    Or would it... :?

     

     

     

    2 days later, I go back to check on my pots, none have sold, so i take them out, and decide to put them back up for sale at a lower price. The new average price for super attacks is 650! 800gp is even OVER the max price now.

     

     

     

    Ok, we know the GE average prices change based on whether the item is selling for higher or lower than the average price, so this drop means that super attacks have been selling for less than average prices.

     

     

     

    At the time of release, the GE average for whips was 1.4. At the time i went to resell these pots, they were 1.25

     

     

     

    I thought a little about how drastic the change was in both the potions, and the drop in Abyssal Whips... Imagine this scenario...

     

     

     

    We know the GE automatically buys the item you want at the lowest price possible, and we know it automatically updates.

     

     

     

    Person A wants to buy 1,000 Rings of Dueling, for 2.5k each

     

     

     

    Person B, C, D, and E are all selling 200 Dueling rings each, for 2k each.

     

     

     

    The GE automatically buys out the stock of Persons B, C, D, and E and saves the buyer quite a bit of money

     

     

     

    Even though there may have been several other sellers out there selling for prices at or around average, the GE bought from the lowest sellers.

     

     

     

    The GE "sees" that Rings of Dueling sold for lower than average that day, so it LOWERS the average.

     

     

     

    A new cycle starts the next day, when someone goes to put something up, they decide to put it up for a little less than "the market average" in hopes of getting a buyer quicker and beating out the competition

     

     

     

    GE adjusts prices again, to be lower. The cycle continues

     

    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~`

     

     

     

    Given, this isn't exactly what's happening, but on a smaller, simplified scale, it's an accurate idea of what's going on.

    Hidden Easter Eggs

    in General Discussion

    Posted

    Cant think of any for RS, but I do have one for Any Halo players on teh cpu:

     

     

     

     

     

     

     

    A friend showed me the ganme once ( I dont own it) and used the cheat that when you fire a bullet, it will freeze and float in midair a short distance away from you. So he fired the rocket launher, then walked up to it while it was floating there. It said this on the side, in tiny print;

     

     

     

     

     

     

     

    "If you can read this you're cheating."

     

     

     

     

     

     

     

    Rofl

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