Runite ores are 12.5k each! I can mine a happy man.

Just because things aren't selling doesn't mean its because of the price ranges

 

 

 

Yes, it does. In fact, that's the only reason things aren't selling -- Jagex has controlled prices.

 

 

 

Are you taking the piss? Stop stating things as fact when there is no proof to support said claims, THAT IS CHILDISH.

 

 

 

There's no proof that Jagex is controlling prices on the GE? :lol: Okay, why don't you log in and try to sell a shark for 1k? Or buy one for 500 gold?

 

 

 

I've got a d left half I'd like to sell but the GE says it is worth 700k so who's going to buy it?

 

 

 

In free markets, prices adjust to balance buyers and sellers. In controlled markets, buyers and sellers mostly sit around unable to transact. That's what we have here.

 

 

 

Stop being deliberately obtuse, OF COURSE Jagex are controlling prices in the GE, my problem is you saying things aren't selling because of these price ranges. You're just trying to spark arguments now.

 

 

 

Edit:I have 32 Toadflax seeds in the GE at the moment they've been there for an hour(maybe they've sold by now I don't know), the reason they didn't sell isn't because of the price range but because no one wants them.Maybe the price ranges are inhibiting sales of SOME items but certainly not this: 'Yes, it does. In fact, that's the only reason things aren't selling -- Jagex has controlled prices.'

Just because things aren't selling doesn't mean its because of the price ranges

 

 

 

Yes, it does. In fact, that's the only reason things aren't selling -- Jagex has controlled prices.

 

 

 

Are you taking the piss? Stop stating things as fact when there is no proof to support said claims, THAT IS CHILDISH.

 

 

 

There's no proof that Jagex is controlling prices on the GE? :lol: Okay, why don't you log in and try to sell a shark for 1k? Or buy one for 500 gold?

 

 

 

I've got a d left half I'd like to sell but the GE says it is worth 700k so who's going to buy it?

 

 

 

In free markets, prices adjust to balance buyers and sellers. In controlled markets, buyers and sellers mostly sit around unable to transact. That's what we have here.

 

 

 

Stop being deliberately obtuse, OF COURSE Jagex are controlling prices in the GE, my problem is you saying things aren't selling because of these price ranges. You're just trying to spark arguments now.

 

 

 

I'm not being obtuse, because I am correct. The ONLY reason that items are not selling is because of the price controls. If not for the controls, prices would drop and items would sell.

 

 

Edit:I have 32 Toadflax seeds in the GE at the moment they've been there for an hour(maybe they've sold by now I don't know), the reason they didn't sell isn't because of the price range but because no one wants them.

 

 

Nobody wants them at the lowest price Jagex is willing to let them bid on them. If not for that restriction, you'd have the option to sell them for a lower price.

Just because things aren't selling doesn't mean its because of the price ranges

 

 

 

Yes, it does. In fact, that's the only reason things aren't selling -- Jagex has controlled prices.

 

 

 

Are you taking the piss? Stop stating things as fact when there is no proof to support said claims, THAT IS CHILDISH.

 

 

 

There's no proof that Jagex is controlling prices on the GE? :lol: Okay, why don't you log in and try to sell a shark for 1k? Or buy one for 500 gold?

 

 

 

I've got a d left half I'd like to sell but the GE says it is worth 700k so who's going to buy it?

 

 

 

In free markets, prices adjust to balance buyers and sellers. In controlled markets, buyers and sellers mostly sit around unable to transact. That's what we have here.

 

 

 

 

 

No, i think you got that wrong. He isnt calling that childish, he's calling your opinion that the ONLY reason things arent selling is the prices. Are you totally forgetting supply and demand? atm almost 1/2 of the people there i would say are just emptying junk out of thier bank into the g.e, with very few people wanting those items. Its like selling ashes for 10gp each on the forums. Ok the price is too high, but thats not why it wont sell, its because nobody wants to buy it.

 

 

 

And please, just give it a freaking chance, stop dooming it before the prices have had a chance to move.

You're just trying to spark arguments now.

Yep, don't feed the trolls, especially the ones with a motive to get their signature seen as much as possible.

Just because things aren't selling doesn't mean its because of the price ranges

 

 

 

Yes, it does. In fact, that's the only reason things aren't selling -- Jagex has controlled prices.

 

 

 

Are you taking the piss? Stop stating things as fact when there is no proof to support said claims, THAT IS CHILDISH.

 

 

 

There's no proof that Jagex is controlling prices on the GE? :lol: Okay, why don't you log in and try to sell a shark for 1k? Or buy one for 500 gold?

 

 

 

I've got a d left half I'd like to sell but the GE says it is worth 700k so who's going to buy it?

 

 

 

In free markets, prices adjust to balance buyers and sellers. In controlled markets, buyers and sellers mostly sit around unable to transact. That's what we have here.

 

 

 

Stop being deliberately obtuse, OF COURSE Jagex are controlling prices in the GE, my problem is you saying things aren't selling because of these price ranges. You're just trying to spark arguments now.

 

 

 

I'm not being obtuse, because I am correct. The ONLY reason that items are not selling is because of the price controls. If not for the controls, prices would drop and items would sell.

 

 

 

OK you've made your position very clear, you don't like the update and everyone who disagrees just doesn't get it. the fact that only you(and like what 2 other people?!?!?) are upset doesn't mean anything of course. So someone would buy my seeds if i sold them at 200 each? Sure they would but I'd never sell them for that and no one would of before this update. Some things just aren't in high demand, your EVERYTHING IS BROKEN attitude is ludicrous to me.

 

Ok the price is too high, but thats not why it wont sell, its because nobody wants to buy it.

 

 

:lol:

 

 

 

Nobody wants to buy it *because* the price is too high. Don't you get that? Most items that have a value will sell for some amount if the buyer and seller can agree on a price. When a third party (Jagex) jumps in and says "no you cannot sell for that price" then the transaction never happens. And that's what Jagex has done here.

 

Ok the price is too high, but thats not why it wont sell, its because nobody wants to buy it.

 

 

:lol:

 

 

 

Nobody wants to buy it *because* the price is too high. Don't you get that? Most items that have a value will sell for some amount if the buyer and seller can agree on a price. When a third party (Jagex) jumps in and says "no you cannot sell for that price" then the transaction never happens. And that's what Jagex has done here.

 

 

 

Seems you are twisting what i said to express your own opinion. Things arent selling, not because of the price, but because they hardly sold before, as they have no demand, now more are for sale, nobody STILL wants to buy them.

 

 

 

Example: 500 runescape players suddenly getting dragon med helm drop, switching to world 2 and going fally park. Hardly any will be able to sell, as there won't be enough buyers. Thier prices won't be too high, its just nobody is interested in buying the item. that's whats happening with the GE but on a serverwide scale.

 

Ok the price is too high, but thats not why it wont sell, its because nobody wants to buy it.

 

 

:lol:

 

 

 

Nobody wants to buy it *because* the price is too high. Don't you get that? Most items that have a value will sell for some amount if the buyer and seller can agree on a price. When a third party (Jagex) jumps in and says "no you cannot sell for that price" then the transaction never happens. And that's what Jagex has done here.

 

 

 

(I wasn't admitting the price was too high, i was aping what you said) The price range is exactly what the market guide on Zybet (SP?) said it was, the ONLY reason those seed aren't selling is because no one wants them because Toadflax is basically useless not because the price is unreasonable. I understand exactly what you are saying BUT the price ranges I have seen are VERY similar to the ones online price guides/players understood them to be before this update. Again I'd point out the GE is an option, you don't like the restrictions placed on prices then you can buy or sell other places BUT you'll have to do more 'work' to get what you want, if you want to buy/sell with minimal effort stick your stuff in the GE and accept the price ranges.

 

Have you actually heard what people are saying at the GE? 90% of those speaking are informing people they are SELLING something at a certain price within the exchange, everyone is selling, the only people desperately buying at this moment are f2pers (try selling some f2p treasure trail stuff its gone in seconds).

Great update.

 

 

 

Why GE keeps sending me the offer update message even if nothing changes? It's confusing #-o

Overall, I think this is a very good update.

 

 

 

The ability to browse offers would be great, but I suspect there is a good reason to not do this.

 

 

 

The 5% rule, while it may seem unnecessarily restrictive to some, will ensure more-or-less stable prices, once the prices have converged. If the allowed deviation were greater, the convergence would occur faster, but the prices reached would be less stable. People complaining about "the USSR" or "capitalism" are well out of their reach. Many modern, first-world countries have similiar systems to prevent prices changing too fast.

This was a great idea Jagex, makes selling and buying stuff so much easier. The building even looks like the New York Stock exchange...

 

 

 

Great Job Jagex! =D>

 

 

 

 

 

PS: The Grand Exchange turns out to be a great place to meet J Mods-

 

 

:wink:

Okay, this is really irritating me, I put my 120k nats up for 280 ea, and none have sold. At all. Is NOBODY buying nats?

Just because things aren't selling doesn't mean its because of the price ranges

 

 

 

Yes, it does. In fact, that's the only reason things aren't selling -- Jagex has controlled prices.

 

 

 

Are you taking the piss? Stop stating things as fact when there is no proof to support said claims, THAT IS CHILDISH.

 

Here are 2 examples of items I have had up since the update GE started

 

 

 

Nature talisman ...usually I have no problem selling these for 8-10k a piece ...the lowest price the exchange will allow is 12,445 ea ...It would be great if someone would pay that much, but I'm not holding my breath

 

 

 

Bowstrings ...the highest price that the exchange will allow is 184 gp a piece ...I can't remember the last time I sold bs for less than 200 ea, and flax the max is 90 ea.....going rate in seers bank was 100 ea before this update.

 

 

 

 

 

But, it seems that Jagex is updating these as we speak ...when the GE first started my son checked price on rune boots ....they were a laughable 181,000 gp ...I just rechecked and max price is now 94,500 ...so maybe they are correcting prices ...it just seems to me that all Jagex had to do if they wanted to have a price range was check any fansite with a price guide to figure current market price of these items

Grand Exhange is the greatest thing ever, I just logged on, went there, and had 100k in my pockets within a few seconds just from selling old stuff I didn't want to use anymore. :thumbsup: :thumbsup: :thumbsup:

won't it make macroers lives much easier. Just put up the logs. fish etc.. at lowest price and cut more logs etc.. down while their stuff sells.

Some observations:

 

The most the price can change each day is +/- 5% seeign as it is an average of the price of deals. +/- 5% can be a pretty big range. Sure its restricting for cheep things (5% of 100k is 5k) but once your into 1m items 5% is suddelny 50k.

 

 

 

This is done to stabalise the economy. It prevents massive price shifts and keeps a price steady all day so that people in all timezones have the same chance.

 

 

 

Some prices are proboly out of whack now. In a few days the prices shoudl have reached a point where they resemble the forums and worlds over 10. With the exception of things that are only sold on worlds 1 and 2 those worlds are not an accurate representation of the general market. Those worlds have extreme prices in both directions. Jagex is not price controling, they had to start teh prices somewhere and the system will take it from there. The forums and major trading worlds may be faster for now, and for some items, but in time the GrEx will become the referance for trades in trading worlds and forums as well. Besides its easier and thats worth some time. Give it a week, untill then complaints have no merit at all, and shame on you for not even considering giving it a chance. I am disgusted with the people bashing the system when it hasent even had a chance to update prices yet.

Some observations:

 

The most the price can change each day is +/- 5% seeign as it is an average of the price of deals. +/- 5% can be a pretty big range. Sure its restricting for cheep things (5% of 100k is 5k) but once your into 1m items 5% is suddelny 50k.

 

 

 

This is done to stabalise the economy. It prevents massive price shifts and keeps a price steady all day so that people in all timezones have the same chance.

 

 

 

Some prices are proboly out of whack now. In a few days the prices shoudl have reached a point where they resemble the forums and worlds over 10. With the exception of things that are only sold on worlds 1 and 2 those worlds are not an accurate representation of the general market. Those worlds have extreme prices in both directions. Jagex is not price controling, they had to start teh prices somewhere and the system will take it from there. The forums and major trading worlds may be faster for now, and for some items, but in time the GrEx will become the referance for trades in trading worlds and forums as well. Besides its easier and thats worth some time. Give it a week, untill then complaints have no merit at all, and shame on you for not even considering giving it a chance. I am disgusted with the people bashing the system when it hasent even had a chance to update prices yet.

Yes exactly. Good post Samus ftw.

won't ge make macroers lives much easier. Just put up the logs. fish etc.. at lowest price and cut more logs etc.. down while their stuff sells.

 

 

 

Wow, I hadn't thought of that. I think you're right though, it would make it easier.

won't ge make macroers lives much easier. Just put up the logs. fish etc.. at lowest price and cut more logs etc.. down while their stuff sells.

 

 

 

Wow, I hadn't thought of that. I think you're right though, it would make it easier.

 

 

 

+1, but the positive of this update greatly overshadows that.

Can't wait till needles are 40kea from this. :-#

Can't wait till needles are 40kea from this. :-#

 

 

 

How so?

 

 

 

Looks like a nice update. Ill try it once i get on :

I love this update!

 

Great, easy way to sell your items!

I'm of the opinion that things at the moment aren't selling because - as I believe was quite widely predicted - skillers are emptying their banks of stuff, resulting in a flooded market.

 

 

 

However, some items are shifting pretty quick - I sold 3.5k p ess earlier and within five seconds it had all sold, which made me pretty happy.

 

 

 

Overall I'm quite liking this update and, as long as the market proves to be somewhat responsive I don't have a problem.

 

 

 

Truthscape? Opinionscape, more like.

*right clicks on player* Yep, we can still trade.