2007 - Updates have made a big money Loss.

[pipeelbakan]

Well, before reading this:

 

 

 

1) This is not a rant.

 

2) I'm not asking jagex to remove the updates.

 

3) I'm a victim of the losses, and i'm allright.

 

 

 

3 Updates have made many people lose a lot of money, and some of them quit, the duel arena game is dead, i guess 99/100 people that have staked, will wand the old arena back.

 

 

 

The first update, that at least helped players, is the grand exchange, for everyone it's easyer to buy items there, for lower prices, that means that regular prices could go down and down.

 

And it happened...

 

 

 

Most of the items that went down where merchantable items:

 

 

 

Easter egg: From 6.8m to 6m

 

Herbs and potions: Ranarr 7.5 to 6k

 

Prayer pots even to 5.5k

 

At world 18 there are many potion merchants, they use to buy prayer pots for 7k each and sell for 8k.

 

If they had 70m, bought 10k prayer pots, they just lost 15m, and this is not the worth part.

 

 

 

Those where only examples, barrows, furys, infinity, rune, god armours, ores and bars, ranged items, went down.

 

 

 

2) Duel arena update: The worth part is that many people quitted, but many people merchant supplies, obby rings, rune knifes, bolts, runes. Weapons.

 

 

 

Staking is dead: D BOLTS (E) are almost 6k each, they use to sell for 9keach.

 

Runes, death 300each at arena, bloods 500gp each. Rune knifes 4k each, this are much cheaper.

 

 

 

Post about this. I lost 7m to d bolts e. I'm still happy =P

[Latinoking]

But remember it's Jagex awesome plan to stop Real World Trading.

[pipeelbakan]

It have its advertages too

[ThePie]

But remember it's Jagex awesome plan to stop Real World Trading.

 

Sarcasm?

 

 

 

If not

 

 

 

Did they stopped it? No. So was it worth it? No!

[WolfhunterXZ]

Really, I could care less about prices going down. People are just freaking out because they think things are coming to an end when they're not. Amazingly enough this can all be explained through supply and demand, but I'll spare everyone the lecture, because mostly everyone here knows the basics of it.

 

 

 

Prices go down, naturally in this type of 'economic system' because there's so many people, so many items being brought in, and so many people wanting them at that time, prices go down. Unfortunately, this is going down a tad faster in the past few weeks because of the GE, but things should settle down once the GE actually can start matching prices like I believe it was suppsosed to.

 

 

 

Unless that is, the GE had a secret agenda, to cause prices to go down... Hmm... And tbh, I think that expensive arrows dropping is good, it means more people will want to buy them, thus making people who can get/make them want to keep making more and more, I bet this goes for D arrows as well, if those prices go down, then the suppliers will notice more people wanting them, thus meaning the money they make is still going to be equal what they would have made at the previous price, it'll just take more time.

 

 

 

In other words, a lot of people whine and complain about money loss because they're lazy and don't want to spend quality time on the game having fun and using the games skills and whatnot to make money, they'd rather just quickly make 4m in one shot at merchanting or 100m on a stake, they can quit if they want, they're not actually apart of the game in my eyes.

[jade_slayer6]

Im pretty mad, i spent a week planting ranarr and making 400 prayer ptions and now i can barely break even for the money i spent on seeds.

[hatebringer]

But remember it's Jagex awesome plan to stop Real World Trading.

 

-.-

 

there are better ways tot stop them rather than changing in-game material. doing so just goes to show you that jagex can not detect RWT's as easily as they say they can. So they are just removing any trace of high money transfers in the game.

[bizzyboy]

jagex will remove every part of thats thats is easy money making . im almost 100 % sure they will make nat crafting slower because , 91 runecraft can make 1 m per hour or atleas 700-800 . gold farmer work for 20-25 cent per day , its make a little 40-60 dollar per employed . they show remove it ? GE is making price of everything going down( or almost every item) so if a real rich boy want 99 mage and is willing to pay 300 real dollar for it , now its 150 , rwt making less money .

 

 

 

i kno jagex is trying hard but they dont have to remove staking , an as i already said , if they did cut the duel, then now , they will cut the wildy soon

 

 

 

 

 

p.s , read under this

[TheAncient]

I lost about 2M of net worth due to GE.

 

 

 

Still, I am not complaining. I am willing to pay 2M to never deal with merchers again.

[aznmidget448]

But remember it's Jagex awesome plan to stop Real World Trading.

 

Sarcasm?

 

 

 

If not

 

 

 

Did they stopped it? No. So was it worth it? No!

 

 

 

It will help when Jagex finishes their plan. After the ess update, ess bots left to wc. However, when (or if) jagex updates wc to rid the bots, then basically the bots go to fishing. Keep on updating the game until the bots have nothing left to do and we will be bot free :D

 

 

 

Of course all this will come at a price, but I'll willing to adjust to these changes. They really aren't too bad. Pure Ess and normal ess aren't a big issue anymore so things will die down over time. Sure dueling took a hit, but you will realize it's not a big deal in a month or two. In the long run, these adjustments are worth it and will help to make the game bot free.

[ixfd64]

Have you tried selling the prayer potions at Edgeville? Some people still might buy for a lot?

[qeltar]

If you take a step back, what exactly is meant by "losing money" here anyway?

 

 

 

If you have made or purchased items for your own use, does it matter if they are worth less now than they were before? It shouldn't.

 

 

 

If you bought them for resale, then you were taking a risk. Just because prices usually go up doesn't mean they always will. It's a good thing for prices to go down sometimes, to shake out the people who think certain activities are "guaranteed no-brainers".

[Animaslayer]

duel arena update is a waste

 

 

 

i never even heard of people using staking to transfer money

 

 

 

its not like they cant tell that the lvl 100 just staked the lvl 3 50m and thought it was a real duel

 

 

 

i mean..

[Flyingkami00]

But remember it's Jagex awesome plan to stop Real World Trading.

 

Sarcasm?

 

 

 

If not

 

 

 

Did they stopped it? No. So was it worth it? No!

 

 

 

It will help when Jagex finishes their plan. After the ess update, ess bots left to wc. However, when (or if) jagex updates wc to rid the bots, then basically the bots go to fishing. Keep on updating the game until the bots have nothing left to do and we will be bot free :D

 

 

 

Of course all this will come at a price, but I'll willing to adjust to these changes. They really aren't too bad. Pure Ess and normal ess aren't a big issue anymore so things will die down over time. Sure dueling took a hit, but you will realize it's not a big deal in a month or two. In the long run, these adjustments are worth it and will help to make the game bot free.

 

 

 

When you compare dueling to ess mining you have to remember something:

 

 

 

People built their whole players around dueling.

 

 

 

I think that duelers are always going to have a grudge against Jagex.

[icecube]

y_anima"]duel arena update is a waste

 

 

 

i never even heard of people using staking to transfer money

 

 

 

its not like they cant tell that the lvl 100 just staked the lvl 3 50m and thought it was a real duel

 

 

 

i mean..

 

Just because you didn't hear of this method doesn't mean it never happened...

 

I've heard of MANY people using this method to do RWT, mainly from other game forums I go to.

 

 

 

They need to give us some way to report other people off other forums, a more efficient way at least.

[Kilo]

But remember it's Jagex awesome plan to stop Real World Trading.

 

 

 

:lol:

[lordkrohn1626]

Well, before reading this:

 

 

 

1) This is not a rant.

 

2) I'm not asking jagex to remove the updates.

 

3) I'm a victim of the losses, and i'm allright.

 

 

 

3 Updates have made many people lose a lot of money, and some of them quit, the duel arena game is dead, i guess 99/100 people that have staked, will wand the old arena back.

 

 

 

The first update, that at least helped players, is the grand exchange, for everyone it's easyer to buy items there, for lower prices, that means that regular prices could go down and down.

 

And it happened...

 

 

 

Most of the items that went down where merchantable items:

 

 

 

Easter egg: From 6.8m to 6m

 

Herbs and potions: Ranarr 7.5 to 6k

 

Prayer pots even to 5.5k

 

At world 18 there are many potion merchants, they use to buy prayer pots for 7k each and sell for 8k.

 

If they had 70m, bought 10k prayer pots, they just lost 15m, and this is not the worth part.

 

 

 

Those where only examples, barrows, furys, infinity, rune, god armours, ores and bars, ranged items, went down.

 

 

 

2) Duel arena update: The worth part is that many people quitted, but many people merchant supplies, obby rings, rune knifes, bolts, runes. Weapons.

 

 

 

Staking is dead: D BOLTS (E) are almost 6k each, they use to sell for 9keach.

 

Runes, death 300each at arena, bloods 500gp each. Rune knifes 4k each, this are much cheaper.

 

 

 

Post about this. I lost 7m to d bolts e. I'm still happy =P

 

 

 

that....was....the....intent....stabilize the economy and prevent RWT. #-o

[Vincent]

there's still tons of ways to make money in runescape. and with the ge that also opens up markets for you to sell easily. not only that, while the prices of the items you sell are less than what they used to be, most items are also lower-priced. so it balances out. if you dont use items, then you lose and you're not really playing the game the way it was intended. i'm not saying the gx is perfect the way it is now, there could be some changes, if anything jagex needs clear well stated suggestions and fewer rantings. everyone is selling their surplus. that's creating a huge supply on the gx and lower prices; this will change when the market has sold off the huge supply. at least the way the gx works, the supplies are going to people that use them and not to merchants that would just re-sell at a profit. as well the .05 thing i worry about if everyone buys and sells at lowest price.

 

 

 

i've personally made tons of money from selling many of my hi-lvl potions and keeping enough for me, but it makes sense to sell them when i had more than i really could just use for myself. and with that, i've bought tons of supplies i will use for training things like smithing and magic etc. so, i really like the idea of rewarding the person that actually mined the iron ore by buying directly from them through the ge, it gives a small amount of satisfaction. :)

 

 

 

even jagex's worst critics agree that the gx is a good idea, the concept and many of its abilities, so for them i suggest, if they have a problem with any of it, clearly state the things you think could be improved, and check with yourself to see if its purely you that would benefit or if it's everyone, if it's just you then that's not the best solution, but if it's an improvement for most players then make the proposal to them on 1 of the stickys or in suggestions forum on rsof.

[hephaestos8]

i have 15k addy bars that i smelted

 

 

 

addy ore 1400 ea

 

6 coal 1080

 

nat 300

 

cost 2780

 

current price of addybars 2300

 

400 loss per bar

 

6 mil loss total, and addy bars were 3k ea when i started so thats like a 10.5 mil potential loss

[bop_dravian]

I don't know why anyone would be suprised by exactly what was supposed to happen having actually happened. In fact, the only thing that has kept prices from dropping even farther has been the controls placed on the daily price change by Jagex.

 

 

 

As an example, let's look at the numbers involved with paryer pots alone:

 

 

 

- Prayer pots can be made at level 38

 

- A player must make at least 75 prayer pots to reach level 40

 

- There are over 350,000 players with herblore of 40 or higher

 

 

 

If we stopped right there, at least 26.25 million (26,250,000) prayer pots have been made.

 

 

 

A lot of people are even higher herblore than that, and have probably made a lot more than 75 potions. Like me, I bet a lot of those people just banked a LOT of those prayer pots. MILLIONS of prayer pots were placed into the GE on the first day. The sudden availablilty of millions of any product (nevermind almost EVERY product) will drive prices down no matter what way the marketplace is set up.

 

 

 

Given the way skills work in RS, those who are grinding out levels produce a lot of material. And because of the number of people with the same skills, there are more producers for these products than consumers.

 

 

 

Then look at the things that have actually gone up, like ashes! Who had a bank slot taken up with ashes? People who had a use for them. Now they sell for 9 gp each because nobody stocked up on millions of them to flood the market.

 

 

 

The smartest people sold everything they could during November and waited for the GE to drive prices down to buy them back. The most foolish ones stocked up on items thinking buyers, instead of stockpiles, would show up at the GE.

 

 

 

Banks aren't close to clean, people aren't short on items, and balance is still a ways off. We haven't reached the bottom yet. Billions and billions of items are waiting to be sold by people who just banked them and couldn't be bothered selling because of the difficulty in doing so. Now that it's easy, the GE has filled with items. There is a glut of supply entering the market that never came there before. Sudden jumps in supply should always result in lower costs.

[casthewiz]

But remember it's Jagex awesome plan to stop Real World Trading.

 

Sarcasm?

 

 

 

If not

 

 

 

Did they stopped it? No. So was it worth it? No!

 

 

 

It will help when Jagex finishes their plan. After the ess update, ess bots left to wc. However, when (or if) jagex updates wc to rid the bots, then basically the bots go to fishing. Keep on updating the game until the bots have nothing left to do and we will be bot free :D

 

 

 

Of course all this will come at a price, but I'll willing to adjust to these changes. They really aren't too bad. Pure Ess and normal ess aren't a big issue anymore so things will die down over time. Sure dueling took a hit, but you will realize it's not a big deal in a month or two. In the long run, these adjustments are worth it and will help to make the game bot free.

 

 

 

No offense, but are you out of your [bleep]ing mind?

 

 

 

The only way to get rid of WC bots is to change wc so that materials are harder to obtain. I.E the market becomes more unstable. If wood gets mucked around like the duel arena, bow prices change. Arrow prices change. If fishing gets mucked with, the entire combat economy gets unstable. Food prices skyrocketing = Other weapons and potions getting lower. Why? People won't have enough money to cover newer weapons and potion prices. In addition higher level monster drops such as the godsword, abyssal whip, dragon legs, and barrow armor gets hiked in price due to the fact that less people can go hunt high level monsters or go barrowing. This in turn spills over to runes, the herblore market, heck, even smithing. I'm hoping that Jagex won't go too far if they update these skills, but with the duel arena, I'm losing faith. And tell the thousands of staking accounts that the Duel Arena update wasn't such a big deal.

[Yaz]

I'm just waiting for jagex to do next years budget and wonder where the hell all their memberships went? :lol:

[Mr_Cheese]

If I had 1 gp for everytime somebody predicted a market crash...

 

 

 

 

 

But seriously! if everytime somebody said "the econmy is going to crash" or "everyone is going to loose all of there items" and it happened rs would be no more. Im sick of everyone complaining the market WILL straiten itself out so just get over it.

[Capone_Sabre]

I've sold 92m worth of items on the exchange. These were mostly cooked sharks (35k), 20k potions, 400 rune sets and various other things. I estimate I've lost about 40-50m of networth as these sold for dramatically less than they would have done pre-exchange

 

 

 

But I'm still glad they released the exchange. It's a fantastic update. It's the only update I've wanted and I've wanted it since I started playing in March 2001.

 

 

 

Dealing with merchanters and suppliers was the only annoying thing for me on this game. Sure, there are skills I don't like but I didn't have to do them. However I did have to deal with merchanters, it's almost impossible not to. Now I don't have to ever again! :D

[rt_phondents]

im pretty sure when tehy made runescape, merchanting and staking werent intended to make as much money as it has and now they wont to jkeep it that way, whilst still getting rid of RWT's