Everything posted by ego_scorpion
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Grand Exchange: Your thoughts?
I have never once said I owned a rare. Reading comprehension is your friend. I don't need rares to establish my credentials to discuss this subject. I have real world credentials (no, you don't want to know what they are) and my arguments stand on their own merits. Now, back to the subject. If you think you can use this system to manipulate the market, my guess is that you will be in for a rather rude awakening. It will be VERY easy for Jagex to check for these things and take appropriate action against abusers. If you're as smart as you seem to think you are, you'd stop talking about it on an open forum. Actualy, you did say something about owning a rare or having enough for a rare or some remark to extent of your wealth and when I told you to prove it you backed out, made some excuse. Do I care to the extend of your wealth? not really, I just wanted to prove a point about you LYING. And also, what do you think proves better knowledge of the games economy, vast wealth, or a big mouth aruging to death that someone is wrong and you are right?
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Grand Exchange: Your thoughts?
WoW, after htis I dont even know what to say. My arument from qeltar is an ongoing one from a different thread. I called his bluff and am responding under that assumption so to me the there isnt much validity to what he says until he proves what he said initiality in the other thread, that is, owning a rare. Also, its "you" not "u", those abbreviations is what makes one look... unintelligent. They are presenting their theories, I am presenting mine. But I dont accept things for what they are, I also look at why would one post what he or she does. For example, duke freedom has personal vendetta against me so anything he says is hypocritical nonsence, he accused me of cheating long ago ... we all know how that turned out. qeltar has it out for merchants, so what he is posting is also biased and directed against me. Bottom line is like I said I dont plan to do anything, I am 100% self sufficient. If I wanted to prove a point sure, I could sell a phat set for 2 billion and start trying to control a scare resource, aka items that cant be freely introduced into the game and that have a fairly low supply vs demand.
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Grand Exchange: Your thoughts?
Doesn't work that way. Everyone will be watching what happens. As soon as it is clear that someone is buying up all of something, guess what happens? The next ones will be listed for 6, or 7 or 10 million. You're going to have to buy those too. And keep buying as the price goes up. I guess my point is I think and operate different from you. The second I will see one for 6, 7, or 10 mil is the second that I will put all mine up for 5.5 and having bought them for 3.5 ea will make 2mil profit on each one and move on to the next item. I am just giving rough examples here, if you wonna pick and chew every word I said then do as you please.
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lock please
Actualy, what I was responding to is the way you talk about merchants in your earlier posts. You can have your theories and opinions about what will happen, bottom line is you and I can think one thing and something else entirely different can happen. You made the first acts of agression towards me and merchanting in general and I am simply retaliating. Perhaps we simply misunderstood each other, but I will say this. Having 24 of those burgerking hats is a big accomplishment regardless of how you look at it, considering the fact that if I sell 1 of them I can buy 99 everything. Its my accomplishment and I have every right to brag about it. You dont go downtalking people with their skill capes, so why downtalk party hats? we all play for our own reasons right?
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lock please
Ok, if you are going to repsond atleast make sure you know what you are talking about. #1. About proof, no, I know im richer, its not an argument, he claimed to have a rare or enough for 1 and I called it a bluff. #2. He was making implication at the way I talk to people, thats where the nice responce came from.
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Grand Exchange: Your thoughts?
that only makes it harder for you to disprove my economic analysis backing up my answer Ok, it's time for some definition. MONOPOLY. noun. It means ONLY ONE seller. If items are even introduced into the game at all, it creates a second seller therefore the person does not have a monopoly over the market. From the moment the item enters the game, the attempts to corner the market are hurt. There are also numerous other problems linked to such attempts explained by some other posters above. You'll find it impossible to prove that let alone succeed 3 years ago, I dont know if you played or not, unleash and I took blue party hats, and incraed their prices to 3x the value, making millions. I still have a screen shot from back then in the blogscope -> rate this, containing all the rares. You can say that I will fail, I dont care, I am not looking for followers are people to belive me, my bank speaks for itself, what I am capable of atleast. I will say this though, I should have been more clear to how I used monopoly. Perhaps, not being the only one, but having most of something. I gave example with robins how you could have multiple people working together, constantly scanning the exchange, buying out all the robins that are up for lower than they sell for and hten putting them back up.
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Grand Exchange: Your thoughts?
There's virtually nothing in the game that is important enough or in short enough supply that it can be monopolized to any meaningful extent. And anyone who tries to do so will be taking very large risks. Think about all the people who lose money by sinking millions into exploits that Jagex later closes. Remember all the people buying maple longs to sell to stores that one day changed? The price elasticity of demand of most things in Runescape is relatively high. If you or someone else tries to buy up all of something like treasure trail items, you will very soon find yourself sitting on a pile of items nobody wants, and you will lose money to get rid of them. I never used an exploit or cheated so no I wouldnt know. However, I did do one thing to make millions, and I will give an example here, same principle. 3 years ago, prior to my quitting, I had a friend, unleash1, who was richer than me by quite a bit. I also had about 20-30 merchant friends who dindt have quite as much, but enough. We would then all agree to buy a party hat of a specific color. Well, we would publically start buying them to create demand. Not lying about buying them or pretending to buy them, but actualy buying them. When we would buy sufficient amount we would then start slowly selling them at higher and higher prices until the price collapsed. Same principle. If there is 50 robins up for sale guess what, they can be bought out and then placed for sale for 5mil for example. Any additional robins that go up for sale for less than that can be bought out and placed for 5 mil. If the only robins in exchange are controled by you or your assosciates and are all up there for same price then eventualy people who want a robin will have to start buying at said price. Reason that is possible because you cant just go and make more robins, you have to get a clue, do the clue, and then hope you get 1 from it, that was my point. With rares, its even easier, since there is a limited supply. Enough rich people working together can infact alter the price of rares and drive htem down or up. I have played world of warcraft and seen it done on a smaller scale (1 server) not 140 servers at the same time, where the effect can be even greater.
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Grand Exchange: Your thoughts?
Ok, to answer the last bit of replys. There is no point that im trying to make, simply guessing at what will happen. The implimintation bit, I should clarify, I am assuming that the imlimintation will be that very much similiar to world of warcraft and vanguard, ill explain You put up an item (quanitity). You set price at which people can start bidding and a buyout price. People can either bid up or simply buy out for the price you set. Also, my guess is everything will be divided into categories. Furthermore, the argument in regards to rares being the backbones of the economy, somebody already asnwered that in detail and did a good job at it, if you bother to read at all then you would know. Lastly, duke, please stop being high and mighty with manipulation, cheating, rules. Beating a dead horse while being banned for the very same thing... come on, let your grudge go, its been 3 years since we last talked. Also, I did not sell my rares, nor do I intend to, I am 100% self sufficient and will be fine even if I never buy or sell anything again. I am aruging in general over the impact the implimintation of the great exchange (as I described it) will have on the game, for example... 1000's of people selling raw materials. Instead of 1000 people just in W2 suddenly everyone puts up their items for sale. Now, an intelligent person will first look up prices to see how much the item he is selling for is going for, to make sure he chooses the correct price, instead of just randomly putting things up for sale. Now, when that said person sees 10000 people all selling same thing what do you think, is he gonna put it up for higher price than they are selling for or cheaper? Now imagine that on a very large scale, all those people undercutting each other, well, thatss what I am describing. That can in turn cause a chain reaction, or may not, just my argument, doesnt even have anything to do with merchanting. Duke, when you say your merchants what do you mean, I was just pointing out an example of what someone can do, like it has been done in the past.
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Grand Exchange: Your thoughts?
Solidus_77, im not going to quote your long post ill just answer you this. It is very much possible to have a monopoly. Obviously, you cant have monopoly on air runes,, or nature runes, just not gonna happen, however... consider the rate at which some items are introduced to hte game. Treassure trail items and rare drops from monsters can infact be monopolized to an extent and their prices can in fact be manipulated. When the exchange comes out ill actualy do it to prove it :)
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lock please
Uh huh. Of course you have. :roll: Showing off and comparing wealth is the sort of things people like you like to do, not me. So think what you want. It doesn't matter to me whether you think I am rich or poor, to be honest -- certainly not enough to be bothered meeting someone like you in the game in person. If you want to know why people hate merchants, look in a mirror. Because you are exactly the sort of merchant that gives all merchants a bad name -- even the ones that don't deserve it. It's about your attitude, not jealousy, and not your Burger King hats. ~q There goes more insults as opposed to solid proof. I guess its easier to make an excuse than to proove your point. Keep it up. Oh and just so you know im actualy very nice person who treats people with respect, thats why those who sell to me stay happy and keep selling or buying. Try to contain your jealousy, k?
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Grand Exchange: Your thoughts?
Responces like this amuse me as well, an attempt to sound important. It was already established that you have a tendancy to lie and make empty insults, please stay out of my future posts. A few specific comments.... I show off my achievement, others show off their 99's or whatever else, its my achievement. Just because you cant stop drooling doesnt mean you have to start making up lies and throw insults, grow up. Rest of your repetative nonsence doesnt deserve a quote, so just read and learn. Real life and runescape can not be compared. Rares ARE the backbone of the economy and if you knew anything about anything you would know that. You disagree? thats your right, but you can disagree in a civil manner without making a fool of yourself. You are aruging about something you know nothing about and talking about rares when you dont have any. My theory is my theory, you do whatever you want in preparation for the great exchange, this thread was intended for intelligent people to discuss what they plan to do in anticipation.
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lock please
Simple, ive been playing long enough, merchanting long enough, and interactive with people in games long enough to know when somebody is lying. I call your bluff, prove me wrong. ps. I just forgot about this thread until some people whispered me in game to discuss it few days ago and as I was reading through I thoguht your infinite ignorance.
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Whats with merchant hating?
People like that are not merchants, they are garbage that give mercahnts a bad name. Just some ignorant kiddie wou I would instantly ignore. Then again, its not a mercahnt thing, its a human thing, there are idiots everywhere regardless of what you are into sadly.
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Whats with merchant hating?
Here is a few fun facts. I was lvl 3 with 4 party hat sets I started with 100 coal notes I currently have a bank net of 10 billion I am alerigic to world 2, I never go there I type 180 words per minute, dont need auto typer I love skills I merchanted to get $ to lvl my skills I merchanted to afford anything in this game that I can ever want I can buy anything that I can ever want I never made any $ from skills, all from merchanting I dont need skills to make $, I need $ to make skills I can keep going, but just giving you a rough idea :)
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Grand Exchange: Your thoughts?
I strongly disagree. A coordinated effort of many rich people can be enough to monopolize anything and temoprarily offset the price in order to make large profit.
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Grand Exchange: Your thoughts?
I would like to redirect the conversation to the other thing I posted, manipulation of the grand exchange and monopolies. I feel that given enough rich people (1 billion + wealth) they can take complete control of the great exchange. Things such as Treasure Trail items, rares, and anything else with scarce or limited supply.
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Grand Exchange: Your thoughts?
Thank you Soma2035, I could not have said it better myself. Any time you have an item that if sold can buy you 99 in every buyable skill and still have enough leftover to buy some of the best armor you have to accept the fact that items of such calibar are the backbone of the economy.
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Grand Exchange: Your thoughts?
We are kind of going in circles, but remember I said there is far more gatheres than skillers :) What im saying is the market will be so flooded with cheap goods that there wont be enough demand for them until the price goes so low that people will simply want to buy for profit and look for means of financing through selling other things for fast cash, thus, a chain reaction. Its just a theory, you are welcome to present your own instead of trying to discredit mine :) One thing I think we can all agree on is that introduction of this great exchange will do 2 things. 1. change prices of everything for better or worst. 2. make skilling a lot easier.
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What a coincidence!
Although slightly off topic, I had a very odd coincidence. Before I go on with the story let me explain something, ive been away for 3 years so I had no clue what the accept aid thing is and that you could teleport other people when I first came back and thats when the story takes place. One night I had a very random and wierd dream in which I was running around in runescape world wearing my expensive armor and blue party hat. In said dream I died to pkers (because apparently the mountains I was running around in were wilderness :ohnoes: ) Anyways, last thing I clearly remember prior to waking up was thinking oh well, its just a hat, but I still was very upset in my dream over losing that blue. Well, here is where the strange part begins. Some guy that I recently met was pestering me to come to his drop party, I finally agree. I was wearing full blue mystic with blue party hat. He tells me its on world 140 to avoid newbs, port to camelot. Fine, I world hop to german world, I come to camelot. I see him and about 3 or 4 lvl 115-120. Next thing he says "everybody turn on accept aid" im going to teleport us to the drop party. I knew it sounded a bit fishy so I quickly ran to bank and banked absolutely everything. Well, suddenly everyone had to go and the party was over :( The scammer wanted to take advantage of my not knowing. I found it a wierd coincidence, losing the hat in my sleep and almost in reality.
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Grand Exchange: Your thoughts?
I was simply giving an example that on a large enough scale the price drop can become a chain reaction that will affect everything. And once more I disagree with you. Flooding the market with gathered raw materials will cause a price decrease. I am talking about a short term [bleep]e in supply without the increase in demand, because lets face it, those who need supplys end up getting them one way or another right now as is.
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Grand Exchange: Your thoughts?
Solidus_77, my post was written to discribe what will happen initialy when the great exchange comes out. Probably around first week or 2, at most a month. Regardless of what happens eventualy the prices will stabilize at some point. If I had to guestimate I would say there is a lot more gatherers than skillers in this game. Thus, when all the gatheres from all the worlds start selling all the things they have saved up at the same time you can expect people to undercut each other. Depending on how long that lasts prices can get quite low. I see it all as a chain reaction. With prices that low people will wonna buy the supplys the gatherers are selling, but in order to get the $ they will quickly want to sell stuff like dragon armor, barrow sets etc, which in turn merchants will want to buy out at low prices and in order to get the cash will end up selling rares for lower prices. Thats why I generalized this, but its just a theory, nobody knows what will happen.
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Grand Exchange: Your thoughts?
Actualy to clarify I wasnt dissing burger king hats, I was simply saving some time for the people from the other thread about calling them that and dissing merchants. The point of this thread is not to discuss merchanting, but rather the impact of the grand exchange as a whole.
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My World, My Location
I am one of those people, its my world my location. Consider the following. People on ancient spellbook People on lunar spellbook People with very bad pc's for whom world hopping is troublesome. Just some examples.
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Grand Exchange: Your thoughts?
And here I hoped for a good intelligent conversation without forms of personal attack. Guess Flammacor wanted to share his opinion so much he didnt bother reading through the thread, especially the part about doing so without flaming. Flammacor, I would like to thank you for your valuable input to this conversation. If you dont see how (or in your case simply think) that rares are the back bone of the economy then perhaps you need to research the subject better prior to making such solid statements. Consider this, rares like blue party hat or cracker, if sold, can buy such a large amount of those very same yew logs. Their extreme price is what makes them the backbone. Either way, you are entitled to your opinion, so you do as you see fit.
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lock please
I invite you to go to blogscape and find the post about my bank and look at all the "useless" stuff I have in there. Im not saying sell everything to buy rares, you seem to misundersatnd my point, so im going to stop trying to explain. Best of luck with whatever you do.