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Jagex and the GE. Or manipulation of the market

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i was trying to buy some dust runes at top price not going through so i put in another offer for the same price see for yourself

 

http://img119.imageshack.us/my.php?image=gecrapth8.png

 

gecrapth8.th.png

 

Check it out i dont know how to post images right

 

any way the second offer was for 23k dust and it bought 22662 instantly the one for 17k had been in for an hour Manipulation proof YES!

 

Notice it came out to exaclty 25k that i had bought what does that mean

 

Both of these offers were in at the exact same time!!

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It means you can buy only 25k runes every 4 hours... :roll:

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[bleep] the law, they can eat my dick that's word to Pimp

Thats not proof of manipulation, it is one of the limits set on the GE, ie you can only buy a maximum of 25k runes every 4 hours. And before you rant any further these limits are one of the things put into place to stop THE PLAYERS (namely merchanters) manipulating the prices.

  • Author

Yes but why did my first offer for the same price not go through in an hour? meaning that offer was still in when 22k were instantly bought?

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Well if part of the 17k bought as soon as you put up the 25k, then DUH its going to complete, because you it just happened that when you put it up the offer was going to go through anyway.

 

 

 

As to why it split? Who knows, your not suppose to put offers on the same item, the limit could get funky.

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99 Crafting :: 39,750th || 99 Attack :: 1,775th

i was trying to buy some dust runes at top price not going through so i put in another offer for the same price see for yourself

 

http://img119.imageshack.us/my.php?image=gecrapth8.png

 

gecrapth8.th.png

 

Check it out i dont know how to post images right

 

any way the second offer was for 23k dust and it bought 22662 instantly the one for 17k had been in for an hour Manipulation proof YES!

 

Notice it came out to exaclty 25k that i had bought what does that mean

 

Both of these offers were in at the exact same time!!

 

 

 

25k is the buying limit for runes.

 

 

 

I'll tell you what it means: It means that if you put in two offers for the same item at the same price, the newer one is more likely to get filled in first. It's not manipulation. The smoke rune has gone from 116 to 142 over the past month, gradually, and runes are traded in the hundreds of thousands on a daily basis.

 

 

 

If it is manipulation, would you mind explaining what Jagex is manipulating? Price? Supply? What.

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  • Author

no the 17k offer was put up first i had left it in for an hour and only a little over 2k had been bought so i put in an offer for 23k the amount to 25k instanly bought making my total 25k in 4 hours mkay now there was obviously supply for my order why did it not complete. Now the price on the dust rune jumped over 2 gp yesterday over a 20% gain which should have happened a while ago and was why i was trying to hoard some :)

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no the 17k offer was put up first i had left it in for an hour and only a little over 2k had been bought so i put in an offer for 23k the amount to 25k instanly bought making my total 25k in 4 hours mkay now there was obviously supply for my order why did it not complete. Now the price on the dust rune jumped over 2 gp yesterday over a 20% gain which should have happened a while ago and was why i was trying to hoard some :)

 

 

 

I obviously can't speak on behalf of Jagex and none of us here know the ins and outs of the grand exchange, so I'm just going to attribute your order not going through the first time to the fact that the GE is still in beta and must have quite a few kinks to get out of the system.

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I think it's that larger orders get priority.

 

 

 

agreed

I think it's that larger orders get priority.

 

 

 

agreed

 

 

 

 

 

:mrgreen: :wall:

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Come to my Clan chat (I'm there if I'm online) if you wish to borrow a Green H'ween mask, Blue H'ween Mask, Red H'ween Mask, or Santa for a reasonable price.

who cares? you still got your 25k, right?

99 dungeoneering achieved, thanks to everyone that celebrated with me!

 

♪♪ Don't interrupt me as I struggle to complete this thought
Have some respect for someone more forgetful than yourself ♪♪

♪♪ And I'm not done
And I won't be till my head falls off ♪♪

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