December 20, 200718 yr Well it ain't boys and girls. If you've been paying attention over the last week yew longs have remained at a constant price of 714 per on GE. Yet on forums they are selling 600-620 ea. Anyone know why Jagex isn't updating this?
December 20, 200718 yr I believe it is because they plan on setting a minimum price on general stores. They do not want to lower GE prices to 600, have bots/anybody just buy 10k for 600 each, and turn and sell for 720 to a general store. "The greatest joy a man can know is to conquer his enemies and drive them before him. To ride their horses and take away their possessions. To see the faces of those who were dear to them bedewed with tears, and to clasp their wives and daughters in his arms." -Genghis Khan
December 20, 200718 yr Author I believe it is because they plan on setting a minimum price on general stores. They do not want to lower GE prices to 600, have bots/anybody just buy 10k for 600 each, and turn and sell for 720 to a general store. Well if they do this the high alch price better go up cause even if you make your own nats you dont break even.
December 20, 200718 yr btw, when you sell items to general store, you get norm price, no? i mean the price before ge was released VIX VIX VIX
December 20, 200718 yr Author btw, when you sell items to general store, you get norm price, no? i mean the price before ge was released I think so, but when you buy you get the GE price
December 20, 200718 yr btw, when you sell items to general store, you get norm price, no? i mean the price before ge was released Not yet. The general store is still messed up. I tried valuing my phat, and it said I can't sell it there :lol: "The greatest joy a man can know is to conquer his enemies and drive them before him. To ride their horses and take away their possessions. To see the faces of those who were dear to them bedewed with tears, and to clasp their wives and daughters in his arms." -Genghis Khan
December 20, 200718 yr Yeah, I thought the sell price was the "internal" price of the item. Otherwise, you'd get rich sellings your party hats to stores, doubt Jagex'd want that. Edit: nvm that then :)
December 20, 200718 yr btw, when you sell items to general store, you get norm price, no? i mean the price before ge was released Not yet. The general store is still messed up. I tried valuing my phat, and it said I can't sell it there :lol: Thats cause you cant sell rares to the generals stores anymore. - I'm not proud of everything I've done, but I have no regrets
December 20, 200718 yr The GE is market prices, but there are two markets right now. When unbalanced trades go away, GE prices will adjust again over time. The "problem" is that there are people in the market who mine their own ess AND make their own nats, or get their nats as monster drops, so they can still make a profit on yew longs bought in the GE. And they are willing to pay 714. We are seeing a far more "value added" economy develop. You can buy yew logs and bowstrings for about 600 per set, do your fletching, and sell for a profit. You can buy flax and make more of a profit. Or you can mine ess, pick flax, chop yews, spin bowstrings, make nats, fletch, alch and have pure profit. The whole market seems to be rebalancing itself so that everyone in the chain gets to make money. High Alching purchased products is becoming less profitable. You have to do some of your own gathering or production to make money. And it was only until a month ago that people were complaining about how much money alching was bringing into the economy! Apparently that's another problem fixed.
December 20, 200718 yr Author Lets do some math here..... Pure ess = 120 ea, Yew longs on GE= 714 120+714= 834 High alch yew longs= 768 834-768= 66 Hmmmmm a 66gp loss. Why would people buy off GE?
December 20, 200718 yr Lets do some math here..... Pure ess = 120 ea, Yew longs on GE= 714 120+714= 834 High alch yew longs= 768 834-768= 66 Hmmmmm a 66gp loss. Why would people buy off GE? Because buying is faster.
December 20, 200718 yr well next year you are forced to buy from GE, so buy all your yew longs now :lol:
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