acenator

I don't know if you'd consider these small, but I'd really like it if Jagex would allow the GE to adjust its prices based on both uncompleted and completed trades and also to remove all price caps (floors and ceilings, not player-to-player trade restristionc) and dependencies (where one or more item's price depends on the price of another item). It really annoys me that Jagex won't implement these changes that would end junk trading (junk would no longer be junk as the prices of junk lowered to where people would actually buy it and the prices of items currently being traded exclusively with junk would start moving again).

Any reason you insist, so lucidly, on ignorance? "Ignorance is bliss." :XD: But seriously, I love reading. Of course, I have my preferences on what I read and how much I spend on books (meaning I'm not going to buy this book), but, form a business sense on the part of Jagex, it does make sense and I hope they put the money to good use... Like fixing the GE.

Welcome to TIF!! And if they did make a diary with medium, hard, and intense tasks, I doubt it'd be in a major city like Ardy. My guess would be that it'd be in a place like Relleka or Morytania.

Just do whatever sounds fun to you. Go mage metals in search of a visage, go kbd'ing. Just do whatever you feel like doing, and, if all else fails, go play Castle Wars.

Definitely the new bank. Although, I have to admit that I will also be looking forward to all the other updates this month (especially item lending and the new achievement diary).

I'm not sure if this was already like this or not, but I just had to show this to everyone. I'm thinking the fairies could be looking at an animal cruelty case in the near future. :XD:

:shock: :shock: I've been wanting a new bank for years!!!!! \ \ Item lending sounds awesome as well, :thumbsup: but don't lend anything too expensive for the first couple weeks. :XD The new tutorial stuff sounds cool and I'll look forward to the free experience lamps. Another achievement diary sounds awesome. Although, I wish it were somewhere a bit more exciting like Relleka. And the new quest sounds good, too. All-in-all, a great month!!

So this thread is for learning purposes and not to discuss logical ways to fix the GE? That, imo, is a pretty lame excuse for offering a suggestion that has been suggested and shot down several times (there are a bunch of older threads in which people suggested it). Also, I'm completely open minded. If you suggest something that makes sense and would work, then I'd gladly accept it. It's just that that suggestion is so stupid (I'm sorry if this is seen as an insult) and has been suggested and shot down so many times, that I can't stand it when people bring it up again. And the root of the problem isn't necessarily the GE. Jagex created and has complete control over the GE, remember? They are the root of the problem, and, until they accept that and admit their mistakes, nothing is going to get fixed.

9/10

Did you not read my post? I had 4 ideas on how to make the GE better. And whether or not you specifically said we should just use the GE to fix prices that way or not, doesn't matter. What matters is that it wouldn't work because all it would do is make a bunch of people lose a ton of money without any guarantees that the prices won't move too fast for the GE and leave it useless for said items all over again just forcing people to lose even more money fixing it again. And what isn't going to work doesn't need discussing. Several people have shown that getting people to just use the GE won't work, and have been advocating the use of uncompleted trades in determining prices and other ideas that would work to help fix the situation without hurting anyone since the start, but those ideas don't seem to be getting much attention at all. Maybe before telling us to come up with more ideas, you should try reading your own thread. I'm sorry if that sounded rude, but I can't stand people telling me to do something that's already been done.

If I do, should I see a doctor and get rid of it?

Ice cream. Coyote

Banned for spelling sentence wrong, twice.

I think they think that you can't become a pmod while having black marks, but I've heard of pmods with black marks before, so, again, no need for them to go away. He might also think that Jagex just doesn't trust people with blackmarks, but they're people too, so I'm sure they'll see that he hasn't gotten in trouble for 5 years and treat him as any other honest player.

There are already several ideas that would help the situation and, when put together, probably fix everything. First off, alow prices to adjust from uncompleted trades as well as completed trades. If there are a ton of sell offers at min, but none/very few are being completed, then lower the price. If there are a bunch of buy offers at max, but none/very few are being completed, then raise the price. Second, remove all price caps and "dependencies" (where the price of an items depends on the price of another item(s)) to allow what is currently junk to adjust to prices where it will sell and therefore no longer be junk. Third, let players determine the prices of new items. Allow for new items to be traded freely for a few days until the price settles down, let the GE adjust to what supply and demand say they're worth, and then put the +/- 5% rule back up. Or at least set the GE prices fairly high (depending on the item) and let the prices adjust at a much faster rate (maybe start at 50% and slowly work back down to 5%). And, finally, get a few people to go in and manually change prices (which they say they have already) that are way off of the prices at which items are being traded for on the "street." It seriously doesn't take much to look at the forums and what's happening on the GE (such as how many trades are going uncompleted at max/min price) and change the prices accordingly. If prices are still wrong, then observe a bit more and try again. Is that what you were looking for? Because, seriously, why would we have to throw away a bunch of our time and money to [temporarily] fix something that was broken by Jagex and could easily be fixed by them in such a way that the problem would be, for the most part (there might be a few short periods of time during which prices could go off some, but, with te system itself fixed, would fix themsleves fairly quickly), completely gone?

You don't need to prospect the idea. There aren't enough people out there willing to lose millions, probably hundreds of millions, to do it. Anyone with enough money to help fix this is 1: responsible with money, and therefore not going to just throw it away and 2: able to junk trade without much of a hassle and therefore probably doesn't really care if prices are fixed or not.

I have to admit, a continuation of the Dragon Slayer quest sounds kind of cool. I also like Mod Mark H's post on page 3. :XD:

Of course we want prices to be fixed, but we weren't the ones to break them. Jagex was. So why should we be forced to fix something that wasn't broken by us, at our own loss, in a way that leaves it open for prices to just break again?

Swallow their pride?!?! More like swallow their money. Seriously, people, just having everyone use the GE would mean tons of people losing a ton of money. Not to mention that prices could easily fly back out of the GE's range with the next update. This situation was created by the people at Jagex and they're the only ones who can and should fix it.

Exactly. And there is already a solution that has been suggested countless times (use uncompleted trades to help adjust prices instead of just completed trades and remove all the price caps). This might not end the need for junk trading completely (prices might have a hard time keeping up with the market), but it would at least make sure the prices did adjust so that people would have a chance to buy/sell these items for just plain cash without getting ripped off.

finaly someone realizes that. junk trading is pointless because if people would just sell max on get the price would go up to the junk price and you dont have to waste time getting junk to trade with. Yeah, because everyone (that includes you) wants to sell something for millions less than what they know people are willing to pay for it and buy stuff for millions more than what they know people are willing to sell them for. Yeah, that's exactly how all this works.[/sarcasm] You can go ahead and use the GE for all these items that junk trades are being used on if you want, but anyone with any sense at all would avoid selling/buying at these bogus prices and ripping themselves off just to try and fix a price that could easily fly out of the GE's range again with the next update.

Congratulations!!!!! =D> =D> You're catching me in your number of 99s. :lol:

Although, in a normal, player controlled economy, how many players would pay 30 million for an animal mask? 15 for a top hat? whatever the price is of a cane, for it? Enough to make it the average price... It's supply and demand. If there are enough people out there willing to pay a certain price for an item so that sellers don't have to wait "too long," then they'll sell at that price. If there aren't many players willing to pay that much, then sellers will lower their prices until the demand increases to the point at which sellers don't have to wait "too long." This works the other way around as well. If buyers are trying to buy at a certain price, but can't find any sellers, they'll wither raise their offer or opt out of the market until there are enough people willing to sell for the price being offered so that the buyers don't have to wait "too long." When new items come out, there will always be some people out there willing to pay large sums of money to be among the first to have one such item. Add this to the fact that the supply is extremely low and you get have yourself an expensive item. However, as time passes, the people willing to pay more buy theirs and leave the market to people paying less. This, along with that fact that more of the item are coming into the game and increasing the number of people trying to sell (meaning more people can get theirs at those higher prices that they're willing to pay and leave the market), works to lower prices until they stabilise and begin their much slower descent as more and more come into the game while more and more people enter the market as buyers as said price lowers.

All Jagex has to do to stop junk trading is fix the GE prices to where supply and demand would have them. They said they were going to leave the economy in the hands of the players when they released the GE, but price ceilings and floors and the lack of flexibility in the GE prices (which can be easily fixed through the use of both completed and uncomplete trades when calculating prices) and the lack of concern for these problems by Jagex go against that statement. Because to do so would mean losing millions of gp trying to fix something that should be, and could be fairly easily, fixed by those who created it.