another horrible change to the GE: sarcasm comes to life

[agamemnus]

I remember people being sarcastic in the Runescape forums (and perhaps here as well?) about Jagex limiting the amount of trades people can make. Well, it's not just sarcasm now. I don't know if it has been like this from the beginning but it would sure explain a lot of the problems people have been having with the GE:

 

 

 

 

There are several reasons why an offer may not complete:

 

You are asking too much (when selling) or offering too little (when buying).

 

If your offer has been in the system for a while, you may find that the prices have changed and your offer no longer falls into the price range for the items you are selling/buying. To prevent these trades unbalancing the market value of items, they will not be completed.

 

No one is interested in selling/buying the items!

 

If you have just bought/sold an item, you will not be able to sell/buy that item for a period of time. If we allowed this, it would be far too easy for someone to manipulate prices and prevent the economy from being stable.

 

 

 

 

INCOMPREHENSIBLE. #-o

[FooK-A-Ji]

What.. Thats smart play.

[agamemnus]

I just tested it... this is madness...

 

 

 

I bought 1 death rune (at almost the maximum) and now I can't sell any, even at minimum prices.

[casthewiz]

Three letters. W. T. F.

 

 

 

 

 

:? That is really bad news for merchants. And who says the ge didn't kill merchanting...

[Fredz]

It has been like that since the start.

 

 

 

 

 

Is it so hard to read the updates+knowledge base when things come out?

 

 

 

 

 

It is just a 5 minute wait. No need to make such a drama out of it.

[agamemnus]

Ah. 5 minutes? Is it confirmed that it's consistently 5 minutes?

 

 

 

I still think this is important to know if you are going to use the GE, and I also think that it brings down efficiency a whole lot.

[qeltar]

I don't think it's consistent. I can recall being able to buy something and then resell it immediately after. I've even been able to sell items to myself. :D

[Erichermit]

If you want to buy or sell more than one of an item then just increase the buy amt.

[icecube]

It's been like that from the start.

[toadalmighty]

its an overall good thing... it stops merchanting and too much trades = alotta alotta lag

[Wkw]

....

 

 

 

 

 

It means you cant buy 500k ess for min price, then sell it again for market price.

 

 

 

Nothing wrong with it..

[aznmidget448]

Wow, I haven't noticed this at all... Oh well... It shouldn't be too big of a hassle since I'm not a merchanter :thumbsup:

[icecube]

....

 

 

 

 

 

It means you cant buy 500k ess for min price, then sell it again for market price.

 

 

 

Nothing wrong with it..

 

Yup, or the opposite, where you sell a bunch of an item and buy it back.

 

 

 

Don't see why you need to do that, unless you're merchanting or something. :-w

[agamemnus]

It means you cant buy 500k ess for min price, then sell it again for market price.

 

 

 

Nothing wrong with it..

 

 

 

an overall good thing... it stops merchanting and too much trades = alotta alotta lag

 

 

 

Actually no, this decreases efficiency and it doesn't stop merchants. This makes it in fact harder for everyone to buy or sell products. It in fact creates a higher bid/ask spread (for many markets/items) than would otherwise exist.

 

 

 

Qeltar, do you want to argue the point, or shall I?

[ilovecuttingyews]

So what if it takes a few days to sell? You're not actually trying to sell it anyway. If you want a quick sale, go to a busy world and sell it cheap!

[agamemnus]

So what if it takes a few days to sell? You're not actually trying to sell it anyway. If you want a quick sale, go to a busy world and sell it cheap!

 

 

 

By "you're" you mean me? Of course I'm trying to sell. I'm a merchant. ... So, why would I want to sell it cheap to someone else then? Doesn't that defeat the purpose of the GE?..

[snake6man]

The GE is NOT a merchanting device. And they didn't get rid of world 2, so how does the GE kill merchanting? You can still trade there.

[x_bow80]

Why do ppl even post this??

 

 

 

1. Who cares?

 

2. GE isnt for merchenting

 

3. Why complain?

[highlanders]

I don't see what's wrong with merchanting. Why is Jagex trying to shoot it down?

[Darkan420]

for one thing, merchanting existed before the ge, and when it did you didn't buy something for the lowest price you could, then immediately sell it off for the highest price.

 

 

 

And unless I'm missing something, there's no reason you can't still merchant like you did the entire time there was no ge.

 

 

 

all the ge is built for is people like me who get tired of having things to sell but not wanting to stand around trying to sell them. It's not built to give people wealth, just a little convenience.

[jessy87]

I don't see what's wrong with merchanting. Why is Jagex trying to shoot it down?

 

 

 

 

 

 

 

some would say things such as risk vs reward. merchanting pre-ge was nearly riskless. some risks however would be price drops. take for example, you buy the armadyl godsword at one point it was 250mil it had increased from 100mil-120m i think, i didnt keep up on it at the time. anyway, now it suddenly shoots to 200m+ if you bought it noticing the upward [bleep]e, at this time your item will do anything, stabilize drop or soar. it dropped.

 

 

 

 

 

however, these items are pricey and have not been in game "long". take for example a dragon square shield. what risk do you take when you buy the whole shield and not halves? the price will steadily go down most likely but it will remain to fall slowly.

[Master_Smither]

Another blow to merchanting!

 

 

 

O well people shouldn't need to buy 10 torags sets anyway.

 

 

 

But for runes and stuff thats a different matter.

[NukeMarine]

Think of it like this: Your clan puts in 1 Bill GP to buy up 1 Mill Mage Logs. Now, that VERY likely took out the low sellers.

 

 

 

Now your clan turns around and puts up 1 Mill mage logs at 30 gp (average) above what you got them for. It may take time, but you're probably going to sell all of them and make a 30 Mill profit (in addition to driving up prices), since your clan is now in control of a very large stock.

 

 

 

With this resell time freeze, you must wait a set time to get other sellers a chance to fill that void that you created with your market manipulating purchase. Then you can, after a set time, put your logs back on the market.

 

 

 

Basicly, Jagex does not want you using the Grand Exchange to flip items. Either you want to buy an item you need or sell an item you don't need.

[SwreeTak]

Merchanters just get it harder and harder. What have we done wrong, Jagex?

[lordkafei]

Think of it like this: Your clan puts in 1 Bill GP to buy up 1 Mill Mage Logs. Now, that VERY likely took out the low sellers.

 

 

 

Now your clan turns around and puts up 1 Mill mage logs at 30 gp (average) above what you got them for. It may take time, but you're probably going to sell all of them and make a 30 Mill profit (in addition to driving up prices), since your clan is now in control of a very large stock.

 

 

 

With this resell time freeze, you must wait a set time to get other sellers a chance to fill that void that you created with your market manipulating purchase. Then you can, after a set time, put your logs back on the market.

 

 

 

Basicly, Jagex does not want you using the Grand Exchange to flip items. Either you want to buy an item you need or sell an item you don't need.

 

 

 

Since you used a clan as an example...

 

 

 

Why wouldn't one clan member buy up all the logs, then hand them to another clan member to flip them, thusly defeating the purpose of the "freeze"...