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26 November 2007 - The Grand Exchange

Featured Replies

 

As far as I can see, this update is currently flawless, I love it :D

 

 

 

Well, except for the fact that it's almost impossible to sell anything, it's perfect. ;)

Qeltar, aka Charles Kozierok

Webmaster, RuneScoop - Premium RuneScape Information for Expert Players -- Now Free!

Featuring the Ultimate Guide to Dungeoneering -- everything you need to know to get the most of the new skill!

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What if there were no restrictions though? The GE would become an unused feature because too many people would be unreasonable about what they were willing to spend/sell for.

 

 

No, if it were a really true free market, then people who offered to sell for too much wouldn't sell, while those who offered for less would get buyers.

 

 

 

Just how it works on the forums and w2 markets right now.

 

 

 

Besides, there's a lot of middle ground between no restrictions and the current ridiculous limits.

 

 

If you don't like the ranges don't use the GE, simple.

 

 

 

That's childish. This is a discussion forum, and I'm discussing a major flaw with a new update.

 

 

 

but your not discussing a major flaw, your nitpicking. In the first place, jagex are not trying to control the prices, just give player sa simple market range that other buyers are buying for. At first yes the prices were set, but thats what jagex had to do, they couldn't set everythings value at 0 gp could they? the prices will gradually change to the player market price.

Want to be my friend? Look under my name to the left<<< and click the 'Add as friend' button!

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Big thanks to Stevepole for the signature!^

just got home, cant wait to check it out.

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There are three sides to every story: There's one side, there's the other, and there's the truth.

 

As far as I can see, this update is currently flawless, I love it :D

 

 

 

Well, except for the fact that it's almost impossible to sell anything, it's perfect. ;)

I don't see how its impossible to sell anything if you don't be an idiot and sell for the highest possible price. If you do that you should know that you won't get you're item sold.

 

As far as I can see, this update is currently flawless, I love it :D

 

 

 

Well, except for the fact that it's almost impossible to sell anything, it's perfect. ;)

I don't see how its impossible to sell anything if you don't be an idiot and sell for the highest possible price. If you do that you should know that you won't get you're item sold.

 

 

 

There are many items I have tried to sell for the lowest possible price. There are no buyers because Jagex's artificial price is above the market.

Qeltar, aka Charles Kozierok

Webmaster, RuneScoop - Premium RuneScape Information for Expert Players -- Now Free!

Featuring the Ultimate Guide to Dungeoneering -- everything you need to know to get the most of the new skill!

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As far as I can see, this update is currently flawless, I love it :D

 

 

 

Well, except for the fact that it's almost impossible to sell anything, it's perfect. ;)

I don't see how its impossible to sell anything if you don't be an idiot and sell for the highest possible price. If you do that you should know that you won't get you're item sold.

 

 

 

Well, I put up my 120k nats for 290 ea, which is 5 below the current market price... they've been up there for hours, not even ONE sold. It seems like if you want to sell anything you have to put it at the lowest possible price -.-

i remember some1(i know the name but wont say) saying something similar to

 

"since my iq is clearly higher then all the mods on this forum ill post here because my topic(that was dramatic and dumb) was locked, GE will be insane prices will triple what they are, wait til people try selling you something thats 1m for 3m."

 

 

 

 

 

aw, GE ftw

 

but your not discussing a major flaw, your nitpicking.

 

 

I don't think pointing out that a market feature doesn't actually work is 'nitpicking'.

 

 

In the first place, jagex are not trying to control the prices, just give player sa simple market range that other buyers are buying for.

 

 

False. They most definitely are controlling prices by not allowing people to buy and sell at the prices they wish to.

 

 

 

I can do that on the forums. Why not here?

 

 

At first yes the prices were set, but thats what jagex had to do, they couldn't set everythings value at 0 gp could they? the prices will gradually change to the player market price.

 

 

 

"At first"? The prices haven't changed once since this was released.

 

 

 

And they could have simply let the market decide on the market price instead of trying to guess -- which never works.

Qeltar, aka Charles Kozierok

Webmaster, RuneScoop - Premium RuneScape Information for Expert Players -- Now Free!

Featuring the Ultimate Guide to Dungeoneering -- everything you need to know to get the most of the new skill!

signew2.png

 

As far as I can see, this update is currently flawless, I love it :D

 

 

 

Well, except for the fact that it's almost impossible to sell anything, it's perfect. ;)

I don't see how its impossible to sell anything if you don't be an idiot and sell for the highest possible price. If you do that you should know that you won't get you're item sold.

 

 

 

There are many items I have tried to sell for the lowest possible price. There are no buyers because Jagex's artificial price is above the market.

Which items would this be? and Jagex's system should pick this up and gradually the price of these items should fall in the market price. This thing only just came out, prices WILL change gradually, it may just not be the most effective thing for certain items at first.

 

As far as I can see, this update is currently flawless, I love it :D

 

 

 

Well, except for the fact that it's almost impossible to sell anything, it's perfect. ;)

I don't see how its impossible to sell anything if you don't be an idiot and sell for the highest possible price. If you do that you should know that you won't get you're item sold.

 

 

 

There are many items I have tried to sell for the lowest possible price. There are no buyers because Jagex's artificial price is above the market.

 

 

 

 

 

 

 

yet other items are bought and sold instantly, and it being a 5 hour old update, it seems your "it no work" attitude is flawed it self since they BUYERS probably have yet to experience the update. in 24-36 hours, maybe id agree.

 

 

 

 

 

 

 

 

 

 

 

 

As far as I can see, this update is currently flawless, I love it :D

 

 

 

Well, except for the fact that it's almost impossible to sell anything, it's perfect. ;)

I don't see how its impossible to sell anything if you don't be an idiot and sell for the highest possible price. If you do that you should know that you won't get you're item sold.

 

 

 

Well, I put up my 120k nats for 290 ea, which is 5 below the current market price... they've been up there for hours, not even ONE sold. It seems like if you want to sell anything you have to put it at the lowest possible price -.-

 

 

 

 

 

ever try selling in incriments on the GE? seriously, it might help. it might have people who look for buyers willing to buy that amount

 

 

 

try 10k, if that dont work come back and complain about it.

The grand exchange is great. I put 13k bowstring up for sale at what i though was an acceptable price, 175 each. then i go away to train my agaility. While i was doing this i get message saying my items have been updated. I go to a bank and see all my bowstring as sold.

 

 

 

So in 30 minutes i sold 13k bowstring and i did not have to waste time with rsof or world 2 etc... More time to train and do important things in our runescape lives.

 

 

 

Sad thing is i can't make friends with the guy who bought the bs because I don't who who he/she is.

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Goals achieved: lvl 99 Cooking, Fishing and Fletching.

Surrey CC and Liverpool FC fan for life!

Which items would this be?

 

 

With all due respect, have you actually tried selling things on this? The vast MAJORITY of items do not sell because the prices are wrong.

 

 

and Jagex's system should pick this up and gradually the price of these items should fall in the market price. This thing only just came out, prices WILL change gradually, it may just not be the most effective thing for certain items at first.

 

 

 

What you and others don't seem to understand is that markets that take days to respond to market trends fail. I certainly have no interest in dealing with this idiocy when I can just sell for the price I want on the forums.

Qeltar, aka Charles Kozierok

Webmaster, RuneScoop - Premium RuneScape Information for Expert Players -- Now Free!

Featuring the Ultimate Guide to Dungeoneering -- everything you need to know to get the most of the new skill!

signew2.png

 

As far as I can see, this update is currently flawless, I love it :D

 

 

 

Well, except for the fact that it's almost impossible to sell anything, it's perfect. ;)

I don't see how its impossible to sell anything if you don't be an idiot and sell for the highest possible price. If you do that you should know that you won't get you're item sold.

 

 

 

Well, I put up my 120k nats for 290 ea, which is 5 below the current market price... they've been up there for hours, not even ONE sold. It seems like if you want to sell anything you have to put it at the lowest possible price -.-

 

 

 

Then it looks like the market is flooded with nats and they were always being over priced so now that everyone can see how readily available nats are people won't pay as much. I purchased quite a few nats at the 276 GP mark from people willing to sell at that price.

~ Arcane Rift ~

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The grand exchange is great. I put 13k bowstring up for sale at what i though was an acceptable price, 175 each. then i go away to train my agaility. While i was doing this i get message saying my items have been updated. I go to a bank and see all my bowstring as sold.

 

 

 

So in 30 minutes i sold 13k bowstring and i did not have to waste time with rsof or world 2 etc... More time to train and do important things in our runescape lives.

 

 

 

And I had 200 bowstrings up there for 3 hours at the same price and they didn't sell at all.

Qeltar, aka Charles Kozierok

Webmaster, RuneScoop - Premium RuneScape Information for Expert Players -- Now Free!

Featuring the Ultimate Guide to Dungeoneering -- everything you need to know to get the most of the new skill!

signew2.png

Which items would this be?

 

 

With all due respect, have you actually tried selling things on this? The vast MAJORITY of items do not sell because the prices are wrong.

 

 

and Jagex's system should pick this up and gradually the price of these items should fall in the market price. This thing only just came out, prices WILL change gradually, it may just not be the most effective thing for certain items at first.

 

 

 

What you and others don't seem to understand is that markets that take days to respond to market trends fail. I certainly have no interest in dealing with this idiocy when I can just sell for the price I want on the forums.

 

 

 

I'm not so sure why you're so insistent on bashing a system that hasn't even had its first price update yet, but I hope you have fun on the forums. The rest of us will at least be patient enough to give the exchange a few days to see what it turns into.

Which items would this be?

 

 

With all due respect, have you actually tried selling things on this? The vast MAJORITY of items do not sell because the prices are wrong.

 

 

 

 

 

 

 

lets see an example of an item that is not a resource or rare.

 

 

 

 

 

 

 

I certainly have no interest in dealing with this idiocy when I can just sell for the price I want on the forums.

 

 

 

 

 

such a "baby wants his bottle" attitude.

So far I've liked what I've seen, I've only sold some herblore seconds and godpages but they got snapped up soon enough. I still have my dragon left half up there for 650k (optimistic I know), and I also have two offers on any gnome scarfs at 1050gp each! :P

 

Jagex will sort out some prices soon enough I think, at the moment it is doing quite a good job in my opinion.

Which items would this be?

 

 

With all due respect, have you actually tried selling things on this? The vast MAJORITY of items do not sell because the prices are wrong.

 

 

 

 

 

 

 

lets see an example of an item that is not a resource or rare.

 

 

 

 

 

 

 

I certainly have no interest in dealing with this idiocy when I can just sell for the price I want on the forums.

 

 

 

 

 

such a "baby wants his bottle" attitude.

 

 

 

A few examples are rune boots, black mystic bottoms, and rune fullhelms. I've had them in the GE at the lowest possible price for hours, none are selling.

 

I'm not so sure why you're so insistent on bashing a system that hasn't even had its first price update yet, but I hope you have fun on the forums. The rest of us will at least be patient enough to give the exchange a few days to see what it turns into.

 

 

 

I'm not bashing it, I am simply stating some simple facts.

 

 

 

It doesn't matter that the first update hasn't happened yet. The problem is in the infrequency of the updates and the too-narrow price ranges.

 

 

 

jessy87: I just tried listing a d left half for sale. Some Jagex 'market expert' decided that this is worth 700k, so the lowest I can list it for is 665k. How long do you think it will take until it sells? ;)

Qeltar, aka Charles Kozierok

Webmaster, RuneScoop - Premium RuneScape Information for Expert Players -- Now Free!

Featuring the Ultimate Guide to Dungeoneering -- everything you need to know to get the most of the new skill!

signew2.png

 

but your not discussing a major flaw, your nitpicking.

 

 

I don't think pointing out that a market feature doesn't actually work is 'nitpicking'.

 

 

In the first place, jagex are not trying to control the prices, just give player sa simple market range that other buyers are buying for.

 

 

False. They most definitely are controlling prices by not allowing people to buy and sell at the prices they wish to.

 

 

 

I can do that on the forums. Why not here?

 

 

 

 

Becuase the whole point of this is that you can leave things buying or selling and go elsewere, because of that it has restrictions. If you want to have active trading by searching for a buyer/seller you can.

 

 

 

 

At first yes the prices were set, but thats what jagex had to do, they couldn't set everythings value at 0 gp could they? the prices will gradually change to the player market price.

 

 

 

"At first"? The prices haven't changed once since this was released.

 

 

 

 

Do you know that for sure? have you looked at every single item and recorded its price?, i didn't thnk so.

 

 

 

 

And they could have simply let the market decide on the market price instead of trying to guess -- which never works.

 

 

 

 

How possibly do you suggest they do that though. How the G.E works, they could not just let it find its own price. They had to start it somewere, and they did thier research and founnd prices they thought were close enough to the Player Prices.

Want to be my friend? Look under my name to the left<<< and click the 'Add as friend' button!

zqXeV.jpg

Big thanks to Stevepole for the signature!^

 

yet other items are bought and sold instantly, and it being a 5 hour old update, it seems your "it no work" attitude is flawed it self since they BUYERS probably have yet to experience the update. in 24-36 hours, maybe id agree.

 

 

 

Exactly, the primary demographic of players are currently in classes right now. At the very least, we should wait 72 hours before we hammer the nails into the coffin of GrEx.

 

 

 

If do have one complaint, its that by being unable to browse/set prices we cannot see where potential markets lie. For example, grapes and limestone are below shop price. Both are markets that could be big if the bottleneck of limited bulk supply could be overcome.

curmudgeony.png
Then it looks like the market is flooded with nats and they were always being over priced so now that everyone can see how readily available nats are people won't pay as much. I purchased quite a few nats at the 276 GP mark from people willing to sell at that price.
Since most skillers are keen to buy large amounts of nats at >= 300gp, their demand will not go down, and the price will soon jump up to 300 or more. I guess the real struggle is: can people alch faster than runecrafters can craft? Assuming there are many more people who alch than people who runecraft nats and sell them, I'd say the price will go up more than down here.
rs0.jpg

I'm not nailing any coffins. I am saying that I am disappointed that Jagex has hampered something I really looked forward to because it insists on playing price police instead of giving players the FREEDOM to choose for themselves what prices will be.

 

 

 

At the very least, the ranges should have been made much wider at first so that people could actually sell things. Right now most items simply do not sell.

Qeltar, aka Charles Kozierok

Webmaster, RuneScoop - Premium RuneScape Information for Expert Players -- Now Free!

Featuring the Ultimate Guide to Dungeoneering -- everything you need to know to get the most of the new skill!

signew2.png

Have you ever stopped to think, maybe, just maybe some items aren't selling because they are in low DEMAND. Supply and demand still exists in the GE.

 

 

 

Also if you want a completely unrestricted market place good luck finding one.

I just realised how the gE is good for people selling like 100 maples etc..

 

 

 

before i would not bother buying 100 maples, i needed 5k so i would not buy under 1k at a time. When the 100 maples are in the GE then i buy them becuase i say i want 5k maples on or under a certain price.

 

 

 

Just a thought....

Alex_Ewan 1.png

Goals achieved: lvl 99 Cooking, Fishing and Fletching.

Surrey CC and Liverpool FC fan for life!

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