I think this is utter bullcrap. If Jagex said they were going to make new items unrestricted, that's what they should be doing.

 

 

 

 

 

 

 

not directed @ peronix or anything, but any1 who feels they are being babied to heavily, find that quote.

I think this is utter bullcrap. If Jagex said they were going to make new items unrestricted, that's what they should be doing.

 

 

 

And why is it so fricking WRONG for people to make money off of a new skill? Isn't that what happens IRL in a new industry? Well, yeah, that's exactly what happens... in a Capitalist country. In a Communist one? Nope.

 

 

 

Well some Capitalist countries will still regulate certain trade areas.

 

 

 

Back on to the regular topic. I am mistaken. I did misread qeltar's original post.

 

 

 

He did clearly state that Jagex was lying. Now can anyone show me where Jagex said they were not going to do that.

 

 

 

Also, I apologize Qeltar.

The trade restrictions and the Grand Exchange are the only tools that Jagex needs to control prices. However, Jagex claims that it lets players control the price. Logically, that statement would make your head spin, but Jagex says that with a straight face.

 

 

 

Of course, players can gradually change prices by constantly trading at the upper or lower end of the 5% limit, but nobody is going to sacrifice their wealth by selling far below or buying far above the market price.

 

 

 

All in all, the Grand Exchange is .

Jagex never said that they would allow unrestricted trading on new objects. A Jmod posted on the RSOF that Jagex would create a "generous" starting price and that the trading restrictions on these new items would be temporarily loosened. Unrestricted trading would totally undermine everything that they have done to stop RWTs. Imagine:

 

RWT trades a pouch to a Money Buyer for 1gp. Money Buyer then sells the pouch back to the RWT for 100Mgp.

 

 

 

But setting a starting price that is lower than the cost of materials is a total joke and is in no-way "generous".

 

 

 

But that was just a J-Mod quote. Here is a quote from a BTS that really bothers me:

 

We have been putting together a plan. This is a schedule of ideas for improvements that will build on a number of our changes: the Grand Exchange, new player-killing games (including other dangerous ones), LootShare, Assist System, trades and so many other things that we have introduced to combat real-world trading. We aim to have the most important improvements ready in time for the unbalanced trade removal in January, and to continue adding more throughout the start of next year.

 

 

 

It's January, they have removed unbalanced trades, and they have provided NO improvements at all. Jagex wants to control every aspect of pricing and trading, but they have shown no ability to be able to handle the task. And today's ridiculous starting prices are just another example that they got in over their heads.

Qeltar is right, and you sheep are too stupid to understand it.

 

 

 

In a free market, people are free to charge whatever price they want, and others are free to buy at whatever price they want.

 

 

 

Feel free to bash me with an economics argument, and I will happily tell you why you are wrong.

I think this is utter bullcrap. If Jagex said they were going to make new items unrestricted, that's what they should be doing.

 

 

 

 

 

 

 

not directed @ peronix or anything, but any1 who feels they are being babied to heavily, find that quote.

 

They said it. I think it was on a sticky that no longer exists. Or else it was on an update and they removed the comment.

 

 

 

All in all, the Grand Exchange is STALIN APPROVED

 

 

 

If thats the case, you should be banned for protesting according to the Jagex KGB, but thats not the case.

 

Communism would be everybody sharing everything and getting divided in same amount, with the government skimming the rest.

 

 

 

Also, if everyone is so into calling Jagex communists and also disagreeing with them, do like all the other unhappy russians did prior to the wall-fall... DEFECT OR DIE TRYING... Do the RS players do this? No, more than 9 out of 10 are perfectly comfortable where they are as long as they can protest. :P Something the real stalin would kill you for, or in Jagex' case, would life-ban you for.

They will adjust them eventually, kinda surprising that you expected them to get it SPOT ON within, like, the first few hours of the release

 

 

 

I expected them to do what they SAID they were going to do, and let PLAYERS decide the prices instead of pulling ridiculous numbers out of their derrieres.

 

 

 

WILL YOU EVER LISTEN?

 

 

 

Look, the skill is new.

 

 

 

Therefore people would put INSANE prices.

 

 

 

Jagex will most likely remove it in time, and let the players DECIDE then.

 

 

 

Let the skill be out for a while first.

 

 

 

BUT THEY LIED. It doesn't matter what people "would have" done. JAGEX LIED TO THE PLAYERS. AGAIN.

Ok! So Jagex is filled with a bunch of lying jerks who like to ruin our game! .....You've told us that. We (at least the inteligent people) realise that, so, NOW what? Why don't you just stop reading BTS and the diaries? If it realy bothers you to be dissapointed like that, just don't read them!

 

 

 

What do you want us to do? Jagex wants us to se the price, although, TBH, I doubt that anyone will sell at that price.

 

 

 

I'm ticked too, though. Just pointing this out.

I think this is utter bullcrap. If Jagex said they were going to make new items unrestricted, that's what they should be doing.

 

 

 

 

 

 

 

not directed @ peronix or anything, but any1 who feels they are being babied to heavily, find that quote.

 

They said it. I think it was on a sticky that no longer exists. Or else it was on an update and they removed the comment.

 

 

 

 

 

Jagex never said that they would allow unrestricted trading on new objects. A Jmod posted on the RSOF that Jagex would create a "generous" starting price and that the trading restrictions on these new items would be temporarily loosened.

 

 

 

 

 

as Berrakus said, i remember it to be that nearly word for word.

 

 

 

 

 

seriously, if people are going to lead us to believe that they said "unrestricted" trade. search these forums. their is proof here. i know it, ive seen it. its either in a screenshot a quote. and some discussion about it.

 

 

 

to be discussing... what is basically at this point HEAR SAY like this is just ludicrous

It costs 350 gp to buy the spirit shards and 1 gp for the pouch to make just 1 granite crab pouch so the cost should be 351 at the very least just to break even.

 

 

 

Which is why you shoudl turn them into scrolls, which sell for 200gp as well.

 

 

 

1 pouch= 10 scrolls.

Ah yes, lets have no limits on it after it first comes out.

 

 

 

Yay for insane prices!

 

 

 

That, my boy, is called supply and demand.

 

 

 

Let's say, there are 100 of the new items in the game and there are 100000 people trying to get them (could happen with very rare items).

 

 

 

Should the 100 items be sold at incredibly low prices, just because, huh, because of what actually? :ohnoes:

 

 

 

Why not?

 

Let me ask you this. Do you think that had there been restrictions all along that we would have this thread? No.. it is just a game and someone is mad because they can't make billions off some poor sap.

 

 

 

I am happy because it will mean that I can afford it. So, in essence, we are all being selfish but for different reasons.

 

 

 

Qeltar is being selfish because of lack of profits.

 

I am being selfish because I can afford something.

 

 

 

It is up to you to decide which one you agree with. I am sure that if I wanted to I could see the argument from qeltar. I just like it this way better.

 

 

 

I'm sorry but you won't be able to afford it. Want to know why?

 

 

 

Because Jagex forces the prices to be very low. Whereas normally, when there is high demand, most people would stop buying if prices reach an insane height (which some people still pay), now the prices cant reach that height. Result: tons of people trying to buy the item at the fix price => only 1 out of the XXX people wil be able to get them.

 

 

 

Look at santas right now. Tons of demand, yet the price is forced to only go up by xx percent every day. Thus, tons of people are willing to buy, yet of course, no one is selling. In a normal market, santa's would just have jumped from 11.8m to 15m in one day, and the other day perhaps to 20m, because of people outbidding each other.

 

Now, nearly no one can get a santa, not even the one which are willing to spend more on it.

 

 

 

= FLAW , NOT GOOD

They will adjust them eventually, kinda surprising that you expected them to get it SPOT ON within, like, the first few hours of the release

 

 

 

I expected them to do what they SAID they were going to do, and let PLAYERS decide the prices instead of pulling ridiculous numbers out of their derrieres.

 

 

 

+1 Geltar is right they did say that's the way thing would be and at least 1k a pouch would have been a start at first...

This just in: Spirit Weed Seeds are 15 k, Spirit Weeds are 7.7 k, and Summoning potions are 150 gp.

 

 

 

Can we fix it?!? Now we can't!!!

Wow I remember when skills were profitable...don't know to much about summoning but seem like its a skill totally controlled by jagex...I didn't mind the GE and all the new updates, but jagex setting prices for a new skill...to me its worthless even to do...and charms untradable if this is true and I beleive it is WHAT A WASTE...some people count on items dropped by creatures to sell to make profit so they can continue to afford food and weapons etc. I got about 100 good charms and knowing that there not tradable is disgusting...WELCOME TO BABYSCAPE where jagex controls everything and holds your hands and might even wipe your [wagon] for you...Im very disappointed

I think this is utter bullcrap. If Jagex said they were going to make new items unrestricted, that's what they should be doing.

 

 

 

 

 

 

 

not directed @ peronix or anything, but any1 who feels they are being babied to heavily, find that quote.

 

 

 

Finally, a note to those worried about profit opportunities on newly-released objects. Although we will have to set a generous starting price, the ÃÆââ¬Å¡Ãâñ5% rule of the Grand Exchange (see the relevant Knowledge Base article) will be waived to allow for greater price movements. This means there will be greater opportunities for profit on new items.

 

 

 

http://forum.tip.it/viewtopic.php?t=723933

They will adjust them eventually, kinda surprising that you expected them to get it SPOT ON within, like, the first few hours of the release

 

 

 

I expected them to do what they SAID they were going to do, and let PLAYERS decide the prices instead of pulling ridiculous numbers out of their derrieres.

 

 

 

WILL YOU EVER LISTEN?

 

 

 

Look, the skill is new.

 

 

 

Therefore people would put INSANE prices.

 

 

 

Jagex will most likely remove it in time, and let the players DECIDE then.

 

 

 

Let the skill be out for a while first.

 

 

 

Players should decide the price from the start; people shouldn't be stopped making a fortune. If they are clever enough to use prices to their advantage they deserve to reap the rewards.

 

 

 

Insane prices should not be feared, they are just the difference between who can afford and who can't. Supply and demand works; price controls dont.

This just in: Spirit Weed Seeds are 15 k, Spirit Weeds are 7.7 k, and Summoning potions are 150 gp.

 

 

 

Can we fix it?!? Now we can't!!!

 

 

 

Monkeys banging on a calculator could do a better job of choosing prices. :roll:

This just in: Spirit Weed Seeds are 15 k, Spirit Weeds are 7.7 k, and Summoning potions are 150 gp.

 

 

 

Can we fix it?!? Now we can't!!!

 

 

 

Monkeys banging on a calculator could do a better job of choosing prices. :roll:

A thousand monkeys banging on a thousand calculators for a thousand years will eventually create the figures used for the world economy.

 

 

 

The GE?

 

1 monkey, 1 calculator, 10 minutes.

There is no economy when the price of an item is already set the minute it's released.

If most of your issues are with being lied to then this will whet your appetite: Your government lies to you (anywhere in the world), your mother/father lies to you, your sister/brother lies to you, your school lies to you, your employer lies to you, pretty much every game producer/developer combo lies to you (think E.A), and more than likely your holy person lies to you.

 

 

 

You should only get angry if the lie is monumental and causes you harm. This lie does not. This lie isn't a massive deal tbh.

 

 

 

THE [bleep]ING [cabbage]TY PRICES ARE THOUGH. EXPLODE.

 

 

 

Ahem. I see why Jagex did this (I think) it was an attempt to make people actually work at the skill rather than spend 50mil doing it quickly (even though the skill is another money leech anyway).

There is no economy when the price of an item is already set the minute it's released.

 

 

 

Wikipedia says NO:

 

 

 

An economy is the system of human activities related to the production, distribution, exchange, and consumption of goods and services of a country or other area.

 

 

 

 

 

moving on..............

 

 

 

This actually useful and pertanent information is also from wikipedias 'economy' article:

 

 

 

After World War II

 

After the chaos of two World Wars and the devastating Great Depression, policymakers searched for new ways of controlling the course of the economy. This was explored and discussed by Friedrich August von Hayek (1899-1992) and Milton Friedman (1912-2006) who pleaded for a global free trade and are supposed to be the fathers of the so called neoliberalism. However, the prevailing view was that held by John Maynard Keynes (1883-1946), who argued for a stronger control of the markets by the state. The theory that the state could alleviate economic problems and instigate economic growth through state manipulation of aggregate demand is called Keynesianism. In the late 1950s the economic growth in America and EuropeÃÆââââ¬Å¡Ã¬Ã¢ââ¬Ã

This just in: Spirit Weed Seeds are 15 k, Spirit Weeds are 7.7 k, and Summoning potions are 150 gp.

 

 

 

Can we fix it?!? Now we can't!!!

 

 

 

Monkeys banging on a calculator could do a better job of choosing prices. :roll:

 

 

 

i love how you thnk qeltar

 

 

 

:wall: :wall: :wall:

This is one of the few post that I highly agree with Qeltar because these reasons:

 

 

 

1.- JaGex didn't do what they told us, their communist minds didn't allowed the players to effectively create reasonable prices based on suply and demand theory.

 

 

 

2.- You pathetic fools who agree with the implementation of a communist state in Runescape are ruining the game by keeping your mouth closed and accepting everything the Big Brother gives you. The people that say that others shouldn't get fortunes from new iteams are completely wrong while, they are the selfish. Why? I will take myself as an example:

 

 

 

I like questing, so when the Wyrewatch quest came out I was one of the firsts in making the quest, I used this advantage to sell Wyrewacth sets in aprice range from 100k to 250k and I did make a little fortune that day. Now some of you might think that is just a barbaric rip off and I will agree, but you're forgotting that without me you can't have those sets, as many of you might be unavaible to get them because don't have the required skills or quests to get into the wyrewatch place and buy those clothes. As I am one of the few suplers, I can put the prices I want, you can decide either buying from me or from other supler. Finally when you have or someone else buy this, will valorize the object, agreeing to buy from me or saying that my prices are way too high for what I sell, then, other suplers will give lower offers until they can't go more low and the price is good for buyer and seller. You might thing it's not fair because you don't have the skills/quests, but that's our reward for skilling and questing, thus, doing the steps to getting by ourselves the product.

First: In order for someone to be ripping people off, people have to be willing to be ripped off. On the first day of the GWD, Dragon Boots were 2m a pair easily. Even 2 weeks later, some of the purchasers THANKED me for selling them the pair early for 2m. There is some degree of entertainment from having dozens of people gawking over your new boots... that came into the game an hour ago and fewer than 100 people have.

 

 

 

People KNOW items are generally overpriced right away. The people who spent 30m for dragon legs on the first day KNEW they would be missing out later. They wanted to be one of the first players to ever wear dragon platelegs. They chose to pay for it.

 

 

 

Jagex said clearly they would not impose these restrictions on new items. They should have stayed true to this promise.