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Grand Exchange = Jagex Economy Manipulation?

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Just a random thought about this new exchange... do you think Jagex will use it to take more direct control of the global economy?

 

 

 

Consider this. Jagex could create numerous phantom characters, allowing them to introduce a steady stream of rares (such as phats, masks etc...), back into the game.

 

 

 

This would lead to a drop in rare prices as more will exist, and remove an enormous amount of money from the game. This would gradually solve the issue of rare items and give Jagex direct control of the global economy.

 

 

 

This type of manipulation could be used on any item. If they take if far enough, they may even further hinder bots by introducing more of whatever they're producing (reducing the price of these items and undercutting their profits)

 

 

 

Post your thoughts.

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We already had a thread about this.

 

 

 

They run the game. If they want to influence prices they don't have to resort to trickery.

 

 

 

Also, since the GE will increase liquidity, if anything it will make it more difficult to move prices, not easier.

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wouldn't it be much easier(and much less orwellian) to just introduce them into the game less sneakily?

 

Im sure its possible, but i just dont think its going to happen.

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wouldn't it be much easier(and much less orwellian) to just introduce them into the game less sneakily?

 

Im sure its possible, but i just dont think its going to happen.

 

 

 

How else would they sneak them in? I think the Grand Exchange is the perfect opportunity for them to do so. But more importantly, I think they will use it as tool against bots.

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They can manipulate the economy any way they want it, even if the player population will riot. All they have to do is create a shop that sells phats for hundreds of millions.

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They can manipulate the economy any way they want it, even if the player population will riot. All they have to do is create a shop that sells phats for hundreds of millions.

 

 

 

Yer, but they wouldn't do that directly as that'd write off millions from players accounts. That simlpy wouldn't be fair.

 

 

 

A gradual reduction in price triggered by a gradual increase would be a nice way to solve the problem.

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This would lead to a drop in rare prices as more will exist, and remove an enormous amount of money from the game.
Money is created through skills, not rares. Rares simply move the money around in large lumps. I guess it would remove money from the game if people are giving the money to Jagex phantom characters though.
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Jagex isn't going to do something so deceiving...Like people have said...if they wanted to introduce rares into the market, they would do it publicly.

 

 

 

For some reason I think the Grand Exchange is not going to be an in-game feature. I'm probably wrong, but I could see it being like forums. Where you can put items you have for sale in a database, and people buying can search the database.

 

 

 

Most likely, this isn't going to be the case, I think it would be interesting to have an out-of-game feature.

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It seems possible but i dont think jagex can do anything about removing rares altogether really. Seems like a feesable suggestion though.

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For some reason I think the Grand Exchange is not going to be an in-game feature.
It's going to be in North-West Varrock. I'd guess north of the west bank.
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Yes, Jagex wants to keep rares expensive because it keeps high-levels playing.

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I doubt it, but it really all depends on how the great exchange is built. BTW I think that the organization of the great exchange is going to play a crucial role.

 

 

 

Yes, Jagex wants to keep rares expensive because it keeps high-levels playing.

 

 

 

and don't forget that they are the ones behind 9/11 :roll:

 

 

 

ENOUGH with the conspiracy theories. Jagex's updates are here for us, not for being part of their "master plan". Man there's too much of a Metal Gear Solid influence in this world :lol:

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Yes, Jagex wants to keep rares expensive because it keeps high-levels playing.

 

That sounds reasonable. If a lvl 126 bought a santa for 30M for example, and it suddenly became 15M, they would be pretty mad :evil: . But think about it, do lvl 126's really have a financial issue :P

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This would lead to a drop in rare prices as more will exist, and remove an enormous amount of money from the game. This would gradually solve the issue of rare items and give Jagex direct control of the global economy.

 

 

 

That's going to create infinitely more problems than it will solve (create a few problems and solve 0 :wink: )

 

 

 

Why do we need them to control?

 

Why do we need to remove money from the economy?

 

Why do we need less discontinued items in the economy?

 

 

 

I'd like explanations more than speculations

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I doubt it, but it really all depends on how the great exchange is built. BTW I think that the organization of the great exchange is going to play a crucial role.

 

 

 

Yes, Jagex wants to keep rares expensive because it keeps high-levels playing.

 

 

 

and don't forget that they are the ones behind 9/11 :roll:

 

 

 

ENOUGH with the conspiracy theories. Jagex's updates are here for us, not for being part of their "master plan". Man there's too much of a Metal Gear Solid influence in this world :lol:

 

 

 

 

 

i dont agree high lvls want rares to remain expensive. i think the idea would be, high lvls want their rares to continue to build $ if they have them. beside, not just high lvls have rares. i mean cmon i always see low lvls in w2.

 

 

 

thats a generalization. and this thread, pure speculation.

 

 

 

edit: possible? yes. but jagex could do a better $ management thing to the game then that.

Keep in mind that if Jagex told anyone that they were reintroducing rares into the economy, the rants forum would explode like never before.

 

 

 

This is a good way to manage it covertly, but I still doubt they'll do it.

To be honest, it wouldn't suprise me if something like this happened. However, I most definitely don't see it happening. Jagex is introducing this to make things easier for the players. If that in turn brings down the prices of certain items (including rares), then it technically isn't their fault.

 

 

 

Just because there is an easier way to find the item you're looking for doesn't mean it is going to drastically change the price of that item. If 10k people are trying to sell lobbies at 250 gp each, I doubt the prices are going to drastically lower. Those same amount of people would have still been selling those lobbies without the "Great Exchange" except now, it's easier to find those people.

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Also, they could have always done this before. Just have characters selling hats at low prices in order to get rid of them quickly, using teh forums or world 2.

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wow, people with all these jagex theories, might be time to take a break from rune...maybe go get some fresh air.

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The problem I can see with that suggestion is that if jagex actually did this in secret players could trace the plan back to here and find out that jagex was responsible for the manipulation of rares. Imagine the riots and revolts if players discovered jagex was behind ruining rare merchants.

 

 

 

Another problem- jagex would be breaking their own rules! Price manipulation is not so common ingame, but on the forums moderators are trained to enforce it. If jagex broke this rule they would be setting an extremely bad example for other players.

 

 

 

Also- I think rares are generally an accepted part of the game now. Yes, rares will eventually reach an incredibly high price and I admire anyone who tries to find a solution to this problem. But this idea would not benifit rare merchants. Even though jagex might keep it secret, tens of thousands of rare holders would go broke. Hard earned rares that players invested in would be worthless- hundreds(possibly thousands) of hours of work to get enough money to buy a rare would be wasted.

 

 

 

Overall though- your idea is very creative. I've only seen this mentioned once in my entire time of being an active runescape player- opposed to the common rare cliches(ex. get rid of all rares, give every player a phat).

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wow, people with all these jagex theories, might be time to take a break from rune...maybe go get some fresh air.

 

Took the words right out of my mouth.

P2P offers more and better ways of making money than f2p. That's one of the cons you just have to play with if you don't feel like having 1 bigmac meal less per month.

People seem to forget...If new rares were introduced in the game through this method...for normal players to get them, they would have to pay normal prices for them. All this would really do is take money out of the game, which in fact would increase prices. Even tho there would be more rares, no one would be able to notice that.

 

 

 

In otherwords, if more rares magically came back into the market, but by being paid for by normal means, it would have no effect.

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First, let me say I don't really believe in all the conspiracy idea's about Jagex and rares. I think they just try to ignore them these days, realizing that they have become a vital and/or popular part of their game and that they figured out leaving them alone may perhaps be the best.

 

 

 

That said, Jagex has enough hatred against rares to actually unleash rares and the grand exchange would certainly offer an anonymous (assuming the grand exchange will be anonymous, which is not clear at this moment) and easy way to do that. If done well, they could let the prices go down gradually or stay constant or whatever they'd want without having noticeable effects on the economy or the rares themselves.

 

 

 

But again, I don't really believe in that.

 

 

 

Only thing I could see happen is that people who have hoarded specific rares may have an easier time selling of their huge stacks of rares (if they want), which may have a minor negative effect on the prices. Overall I don't really expect rare prices to be influenced much by the grand exchange though, at least not on correct fundamental reasons, and since most rares have been on the rise lately they will probably simply continue with that.

People seem to forget...If new rares were introduced in the game through this method...for normal players to get them, they would have to pay normal prices for them. All this would really do is take money out of the game, which in fact would increase prices. Even tho there would be more rares, no one would be able to notice that.

 

 

 

In otherwords, if more rares magically came back into the market, but by being paid for by normal means, it would have no effect.

 

 

 

Correct me if I'm wrong, but I think it would have an effect... Since more rares would enter Runescape and more money would leave Runescape, the relative worth of rares would go down while the relative worth of everything else would go up and the monetary worth of items would go down (I don't have any idea what would happen to the monetary worth of rares). Right? :-s

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