I have came to realize, after having every rare (except cracker) that they seem to me to be pointless. I mean, why invest on a online game that could end tomorrow? Playing a game to have fun would be the first priority, i see no sense in "investing" on a game.

 

 

 

Why invest in stocks or bonds when you could die tomorrow? :lol:

 

 

 

Rares' prices and rare demand is validated by two things: investment and status. And those two factors validate the hats' exorbitant prices.

Are you kidding me? Have you looked at the rare market? It practically crashed.

I don't see how any problems are to the masks,

 

 

 

they say that the macroes trade money by losing in a duel, but couldn't you just spend the money on stuff, lose it in a duel and then sell it?

 

 

 

Also couldn't you just stake items instead of cash at duel arena...

I don't see how any problems are to the masks,

 

 

 

they say that the macroes trade money by losing in a duel, but couldn't you just spend the money on stuff, lose it in a duel and then sell it?

 

 

 

Also couldn't you just stake items instead of cash at duel arena...

 

Or have someone PK you, or trade it and tell them it's a loan till they get back on their feet, or die to poison/monster somewhere remote and have other player pick up.

 

 

 

The possibilities are endless Jagex just [bleep]ed up staking.

I don't get it, how come rares are doing anything at all? RuneScape is a free market economy, players can buy and sell things at whatever price they want. So does that mean that the only thing that's keeping Player1 from selling his rare for 50 million coins more than what he was going to sell it for is a little speculation and impatience? Are the rares dropping merely because people think they're going to drop?

I don't think that the prices of rares will drop, at least not more than a few hudreds of k. Even though the stakers won't be able to buy as much rares as before, it won't affect the rares market that much.

i have no rares so i dont know any of the prices but could somebody post up the amount of the cheapest party hat, it would be appreciated :wink:

I have came to realize, after having every rare (except cracker) that they seem to me to be pointless. I mean, why invest on a online game that could end tomorrow? Playing a game to have fun would be the first priority, i see no sense in "investing" on a game.

 

 

 

Why do we train our skills every day of the week for years? What's the point of having many "unneeded" 99s (lvl 99 has no difference to lower levels, for example farming or firemaking) or going over 13m xp in any skill? There are things in online games that can't be rationally explained. We want to do things that aren't always the "best" thing.

 

 

 

If we only take a look at the investing part, the answer is relatively easy. It gets us easy money while we do nothing after buying it. Before I joined army, I had some loose rs gp and worked a bit more till I could buy a purple phat for 98m. Currently it's twice more and I've done nothing.

 

 

 

If we count the status symbolism too, it's even easier to explain why do we buy rares. They show immediately to everyone around us that we are something. That kind of showing off is normal for mankind, not just for majority of rs players.

What goes down will always come back up. Like stocks that someone mentioned earlier, the price of rares will probably crash for a while but will recover eentually. These things don't usually last long in Runescape

I suggest buying your santas now and selling at Christmas for profit

A week before halloween, I bought two green masks at 21m each, cheapest anywhere. Now, its like, max I could get is 17.8 from a desperate player.

Stakers have always been quite a big players in the Rares Market - not too surprising rares have been going down so much on this.

 

 

 

Even though I have no clue of the current sentiment, with all the panic going on the drop may last a little longer yet, especially with people being all so negative about the GE.

 

 

 

In the end, all of this is futile to bring down the rares prices permanently. They will rebound to new heights sooner or later anyway. Although Jagex does continously add new negative price factors for rares, which is partly why they haven't been increasing all that much over the last year anymore and perhaps might not do much in the future as well. Plus, there are other factors, like stagnating population growth and lower money growth.

 

 

 

prices atm are down alot 30M+ on phats and 4m-5m on masks and santas in w2. :oops:

 

 

 

Excellent news! Thanks for the update. :)

 

 

 

It is quite sad that some people actually enjoy it if other players gameplay is disturbed, while they claim that such gameplay doesn't effect them at all. Yeah, sad. Especially when the same hypocrits call for people to take on a "nicer attitude" in the game. :roll:

 

 

 

Edit: Cross quoting the following from another thread makes it even 10 times worse what you said.

 

 

 

Remember your comments when something YOU like in the game is destroyed and others aren't sympathetic...

 

 

 

I don't personally know either player, but I would just like to point out this beautiful roundhouse kick to the face for all to see...

 

 

 

Back on topic, after people start realizing that the prices are dropping they'll start selling like crazy. When people realize other people are selling like crazy, they'll start buying at low prices to hopefully make a profit. Then the buyers will start having to compete with each other and the price will start to rise slowly. I could be completely wrong, but I'm poor so I don't really care.

I have came to realize, after having every rare (except cracker) that they seem to me to be pointless. I mean, why invest on a online game that could end tomorrow? Playing a game to have fun would be the first priority, i see no sense in "investing" on a game.

 

 

 

Why do we train our skills every day of the week for years? What's the point of having many "unneeded" 99s (lvl 99 has no difference to lower levels, for example farming or firemaking) or going over 13m xp in any skill? There are things in online games that can't be rationally explained. We want to do things that aren't always the "best" thing.

 

 

 

If we only take a look at the investing part, the answer is relatively easy. It gets us easy money while we do nothing after buying it. Before I joined army, I had some loose rs gp and worked a bit more till I could buy a purple phat for 98m. Currently it's twice more and I've done nothing.

 

 

 

If we count the status symbolism too, it's even easier to explain why do we buy rares. They show immediately to everyone around us that we are something. That kind of showing off is normal for mankind, not just for majority of rs players.

 

I have began to take this game more as a, how can i say it, game? I used to buy phats, hoard all my money, and in the end, it was pointless, made me feel like there was a never ending cycle to working hard and buying something else. Now i just come on sometimes to work on skills and have fun, which is the point of the game. Maybe rares are your thing, but i just see no point in having the majority of my money in a "investment" on a game, rather focus those investments for rl. :wink:

I have came to realize, after having every rare (except cracker) that they seem to me to be pointless. I mean, why invest on a online game that could end tomorrow? Playing a game to have fun would be the first priority, i see no sense in "investing" on a game.

 

 

 

Why invest in stocks or bonds when you could die tomorrow? :lol:

 

 

 

Rares' prices and rare demand is validated by two things: investment and status. And those two factors validate the hats' exorbitant prices.

 

I would not invest into the stock market, i'd invest into classic cars, they never go down in price, only go up as they age :wink:

 

Tulips can be created, rares can't.

 

 

That's where you're mistaken. Jagex can create rares with the snap of a finger.

 

 

 

Their current rarity is artificially induced.

 

 

Sorry to burst your bubble qeltar but as a far as i know jagex mods cannot trade, duel, die or drop to other plays so cannot release more items (rares) into the game without including them in an update.

 

 

 

If Jagex could do that it would be a big security risk that a Jagex mod could make items and sell them for Real World Money. It would be an unlimited source of Real world money for the guy, until Jagex found out. Jagex wouldn't allow that to happen. :

 

Tulips can be created, rares can't.

 

 

That's where you're mistaken. Jagex can create rares with the snap of a finger.

 

 

 

Their current rarity is artificially induced.

 

 

Sorry to burst your bubble qeltar but as a far as i know jagex mods cannot trade, duel, die or drop to other plays so cannot release more items (rares) into the game without including them in an update.

 

 

 

If Jagex could do that it would be a big security risk that a Jagex mod could make items and sell them for Real World Money. It would be an unlimited source of Real world money for the guy, until Jagex found out. Jagex wouldn't allow that to happen. :

 

 

 

Jagex HAS created rares. There's been at least 3 instances I've heard of where a roll back duplicated the rare someone lent to a friend, and I'm sure there are many more.

 

 

 

Also, Jagex has access to the database that stores all our characters, so it shouldn't be too hard for them to add a party hat through that. Finally, Jagex controls store stocks. What's to keep them from putting "Party Hat - Infinite Stock" into the general store?

 

 

 

Maybe not with a snap of a finger, but Jagex CAN add more rares, both intentionally and unintentionally. Also, people who were perm banned, then unbanned after an LC appeal may bring more rares into the game.

Especially the prices on expensive products with an extra on really specialised staking gear will drop big time. Staking isn't a big moneymaker anymore really.

 

 

 

The grand exchange will lower the price on bulks and training suplies. 5% of the price lowering comes from the duel change. 90% will come from the grand exchange. The other 5%? That is a mystery.

 

 

 

Truth is, the prices will mostly lower in terms of %, so the biggest changes will fall on high priced items.

here's what i think will happen

 

 

 

right now, the prices have started to drop, and tons of people are getting scared they are going to continue to drop, and so they are selling (increasing supply) and therefore the prices drop even further

 

 

 

however, i believe this trend will only happen for a little while, soon, wealthy people will begin to buy loads of rares, and hang onto them, decreasing supply as they become unwilling to sell

 

 

 

alllssoo

 

 

 

lots of high level stakers had rares, quitting with them will decrease supply further

 

 

 

 

 

long story short, the prices of rares will (as a whole) always increase, simply because supply is slowely decreasing (people quitting, etc.) and demand will always be there

I don't see anything wrong with making cash dueling. I have 3 members accounts myself, one a main, one a p2p pker and one a staker. I won't be making my staker a member anymore. Kinda seems a waste of my time to even log on that account anymore.

 

 

 

For one I don't mind the botters or the ppl that buy gps. I happen to not do it, but Ive heard of ppl that are disabled supplementing their income by selling gold on online games. If ppl are gonna buy it there will always be someone willing to sell it. Botters just provide a service that I myself would never waste my time doing. Like sitting at a tree for 4+ hours a day cutting away..pls no thank you! They seem to do all the skills I would never waste my time doing. Fishing, wcing, gathering flax, killing dragons...well ok I might kill dragons to raise cmb or catch an unsuspecting potiental pk and I have found myself changing blue dragon tasks due to all the botters everywhere but I still dont mind them being there.

 

 

 

Dueling was a fun way to make cash and it provided alot of extra cash to Jagex with ppl paying members for more then one account. Plus on my main I do cmb based skills to make my cash so the price drop has hurt me alot. I just see a huge problem with more stakers logging on their mains and crowding up the places I use to make my gps.

 

 

 

Plus the game tends to get extremly boring without a variety of things to do and like I said some skills are just a waste of time. It was nice to log on stake a few rounds make or lose cash when things got bored. Trust me gp sellers will find another way to xfer cash and Jagex is just emo about botters and gp sellers. This is the only game where Ive seen the company spend so much time and resources trying to stop it. One day they will give up cuz I really dont believe they will ever stop it for good.

 

 

 

 

 

GF JAGEX FOR MAKING COW KILLING MORE PROFITABLE THEN DUELING!!

Rares have already dropped alot and they will continue to go down, i dont like this update, i used 2 stake my friend big wads o cash, and now its only 3k? Jagex should rethink this update

I saw this thread posted on the main page, and I thought I just might post my two cents on this update. Oh, and have many things I would like to say so this post is going to be a little disorganized.

 

 

 

First, Jagex made this update to stop Real World Item Traders (or so they would like us to think) from buying cash, and so put a cap on the 1 versus 1 player duels. This cap is 3k, seemingly insignificant and long way to transfer a large amount of cash if one wished to do so; but, tournament caps are set to 1mil which seems a substantial amount, one which can still be exploited to trade through duels.

 

Many players say that Jagex should just move the cap up for 1v1 duels to 1mill, and that makes sense, don't you think? In my opinion, its doesn't. Due to having a lower cap on 1v1 duels all those Real World Item Traders (who still wish to transfer through duels) will try to transfer cash through tournaments bringing a new high leveled player sport, in which one hunts down these duels and wins them, taking both Traders money.

 

This leaves Jagex a reason to keep the cap lower on 1v1 duels, and significant enough so the "time to start" tournaments takes its toll on the potential gp traded per hour.

 

Only thing left to say here is: What stops them from just normally trading the money anyway?

 

 

 

The actual effect on rares this this has should play out as follows:

 

 

 

1. Prices of rares decrease, due to fright of further dropping prices and the fact that more rares have been put into the "merchants cycle" in which they are not hoarded. This means that the new hoarded item will be gp and as it is hoarded it will become rarer, pushing all prices down slightly.

 

 

 

2. People with rares who have quit will decrease the total amount of rares currently in the game. This means when the "Fright Price Drop" ceases rares will skyrocket to an even higher price than they had been before, which will cause hoarding of rares again, which will restabalise the economy.

 

 

 

3. Some people who have quit with rares will come back to playing, which will cause a slight drop in prices again and a decrease in the inflation of rares for a short time.

 

 

 

Note that between steps 1 and 2 there is a "lockdown" period where many players will be afraid to trade others due to the current instability of the economy. Guess what else happens during this period: Grand Exchange.

 

 

 

My guess is Jagex planned this cap to hold the fluctuations in the economy from the Grand Exchange at bay so the change might be more gradual. I believe the time where Jagex will change the cap on 1v1 duels (which several Jmods have said on the RSOF) will be between the time of steps 2 and 3, and will either be a total removal of the cap or and increase to 100k-10m, and if it is increased to over 500k there will also be an increase on the tournament caps.

 

 

 

My action will be to hold tight to my rares (although if I had acted fast I could've made a good 4-6m) and wait for high times.

 

 

 

Be careful when you sell, if you sell, though, as summoning is coming and that will do something to them aswell.

My guess is it will drop but then come back up...it always happens that way...beside its also the holiday season

 

Im honestly glad your true colors come out with every post.

 

Ive always considered myself to be a good judge of character and now I can safely say I was 100% right about you from the very first reply by you that I read. What person takes joy in the fact that a lot of people who worked hard for their $ (read as doing what they consider fun in the game) end up losing a lot of it (not that they will, because being a self proclaimed economist still doesnt mean you know anything about runescape economy).

 

 

 

And i am honestly glad at you honest attempt to blow your own trumpet.

 

I'll be frank, i admit that i am biased against you, and therefore would probabbly attempt to flame you. But your personal attacks to our friend qeltar are making me sick.( see? attempt at flaming sry :D ) Where are these personal attacks you may ask? Well they are right here of course "self-proclaimed economist", "Operating under the phylosophy that anybody who doesnt skill shouldnt have $ is just so self centered and selfish" and perhaps "Hopefuly nobody believes tehse false previews and jealousy-filled statements" pretty much eh?

 

 

 

Now, before scorpion attempts to flam---sorry i mean persuade me to his viewpoint, let me give my two cents worth of opinion. Firstly, I would like to correct certain misconceptions.

 

#1 There is no inflation in Runescape, if anything, the opposite is happening. Yes u read it correctly; there is Deflation in runescape. How so? Look at the prices of raw materials, a good example would be coal. Coal certs were 1k ea in RSC days and now each piece of coal fluctuates around 150-200+ meaning that coal prices have remained relatively stable. However, as compared to RSC days, we get Gp much more easily nowadays. What does this mean? This means that 1gp in RS2 would equal less than 1gp in RSC in terms of difficulty in obtaining that one gold piece. Yet the price of coal has remained the same, implying that our real purchasing power has in fact increased! How so, one may ask. Heres how:

 

1. Lets say in RSC we took N minutes to obtain 200gp, so that we could buy 1 piece of coal.

 

2. In RS2, we now would take M minutes to obtain the same 200gp to buy the same piece of coal

 

3. But we know that M

 

4. Now we repeat the above process with a fixed time limit.

 

5. At the end of the time limit, we would realize that using RS2 we gained more coal than using RSC

 

6. But what does mean? This means that in RS2 we actually have a greater purchasing power than in RSC

 

 

 

I think you're getting your terms confused. Here is one of the definitions for inflation, courtesy of Dictionary.com:

 

 

 

Inflation

 

Noun

 

A persistent increase in the level of consumer prices or a persistent decline in the purchasing power of money, caused by an increase in available currency and credit beyond the proportion of available goods and services.

 

 

 

(Note: I picked the definition relevant to the discussion.)

 

 

 

Which means that you're actually talking about inflation. When you can make more money in less time, that money is actually worth less, which actually decreases your purchasing power. That's why when you look at history, a million dollars from 1907 is worth much more than a million dollars today, simply because of the influx of credit into the system. What this does to the rare market is simple. The prices go up, because the demand increases with population, but the supply cannot. With the average player off Tutorial Island receiving the same amount of money as when, say, you started, and because since you started many new improvements and alterations to the game have been introduced, most new players are unprepared for the rare race, but that's getting offtopic. What this brings up however, is that the rare market is going to exist and prosper until such time as either 1) Some new item is introduced that is useful enough but is extremely difficult to obtain; or 2) Current rares become untradeable. Unfortunately, what both of these actions attempt to solve they do not achieve, because the lack of current rare items will only substitute new ones that may end up increasing in value even faster. The problem with 2 is that merchants will scramble to find the next solid investment item(s) to use, which will not end well.

here's my thoughts on this...

 

 

 

stakers made hundreds of millions everyday off staking. HUNDREDS of millions. can you think of any other way to make that much money everyday? not even p hat merching compares to that. For that reason, i think rares won't be going back up anytime soon...the people who can afford it already have one, or are eager to sell theirs, where as everyone else (those who don't stake) have no means by which to make enough for such immensely expensive rares. As soon as staking ending, the possible prospects for p hat buyers came to a halt. prices will drop until the price range is within a sensible portion of the population's reach.

The Reason For The Drop In Price:

 

 

 

stakers noticed 3k limit, wanted to get rid of all theyre rares for cash because now theres no way of them making cash really. I know this because i went to sell my blue today and unfortunately it had dropped down to 460million aparently. So when i realized what was happening i bought as many rares as possible. The prices will skyrocket as soon as jagex fixes the 3k limit. Which THEY WILL because of the heavy decrease of memberships they will be getting in the next few months...