I never said it wasn't a bad thing, I said it will keep going on. Jagex have to realise that they caused this themselves and if they try changing it more the'll just mess it up for everyone else. This game has changed, perhaps to much. These unnecessary changes/updates to the already flawed grand exchange will end up ruining it.

 

 

 

By the looks of it, Jagex will have to take it out completely and ban these people that they know are manipulating the market.

 

 

 

Me, and others taking advantage of these price changes isn't helping, but it's a darn good income and I and all the others solo merchants/investors will continue using it until the main people involved have serious action taken against them.

one thing i have noticed and considered is, the supposed Jmod action. This might have jagex concerned.

 

 

 

 

 

first of all, if prices keep dropping ALOT. Jagex might have to make more game content. Barrows armor started to come down in price a bit, then dag kings were released.

 

 

 

 

 

I am just wonder if forced price drops will make jagex introduce another monster hunting $ maker. If so, that is good in general.

 

 

 

but whatever...

I really wonder what a virtual resecession would look like. Feathers at 1k apiece? Full bandos at 100 gps? a christmas cracker for 10 coins?!?

Simple solution, if an item that's been dropping for a few days starts trading at maximum, don't let the price change for a day or two. People won't snowball along with the original people manipulating, since if they're all buying at max the price won't change, no motivation for them :ugeek:

There is nothing wrong with buying out a certain item. I have money and I am not afraid to spend it. You can put a limit on how much I buy in a certain period, but I can still buy up to that limit. Merchants like us are the ones responsible for your profits on numerous items. Remember the last time you bought something at max and it kept going up 5% every day? Do you think that happens regularly in a normal market? No...it is because of speculators like us. What is wrong with getting together with other merchants and planning to buy out an item? We have money to invest and you bet we will invest. Why call it manipulation? Call it mass investing. Maybe we are in a consensus that a certain item will skyrocket and so we help each other out by buying it.

 

 

 

I hate how jagex tries to stop investors when they are the ones who put us here in the first place. They started out with tradeable holiday items and loads of ways to make money. Now that we made money...we aren't allowed to make too much more. It is ridiculous. You cant boast about a grand exchange with player controlled markets if the players arent allowed to control it. I am a player and so are the other merchants and we as players would like to control a certain market. That is all.

How can you call it speculation? Forcing a price up is manipulation. Speculation is when you buy an item that you suppose is going to raise in price, due to an update for example, not by players forcing it up. The reason why it's bad as well, is that we can't buy a BGS with the intention of selling it later because the risk of it being dumped at the time is too high.

The problem isn't the people who are buying out stocks. It is people who try to merchant by buying [cabbage] as soon as it goes up. They think they are going to make some quick money (and some probably do) so they just jack the price up even more. If people just stopped trying to get rich fast by merchanting and they actually bothered to do some work this wouldn't happen.

 

 

 

^^ know what I mean?

The problem isn't the people who are buying out stocks. It is people who try to merchant by buying [cabbage] as soon as it goes up. They think they are going to make some quick money (and some probably do) so they just jack the price up even more. If people just stopped trying to get rich fast by merchanting and they actually bothered to do some work this wouldn't happen.

 

 

 

^^ know what I mean?

 

 

 

 

 

 

 

exactly, in a c i d y they dont seem to act intelligently. If an item cannot drop in price and naturally stabilize your just going to return to how it used to be "merchants merchanting other merchants" was the popular phrase i believe.

 

 

 

 

 

like, all they do is buy BGS, AGS, SS, DFS or so they say. But, they raise the price 2-5mil lets say, then let it drop 1mil, then try to raise it again. This isnt intelligent, its like golf. Theirs long strokes([bleep]es/changes) and short strokes. If it goes up 5mil and comes back down 4mil then starts to settle +/- 1mil of the previous price thats a "big" stroke, and if they just keep trying to make big strokes, the prices are going to be come super inflated. If AGS raised 5mil every day for 4 days its going to have a devastating crash, but then are they going to kick in and try to raise it? probably, the idea of this group investment is to max profits by not letting things return to normal for a while your not getting max profits. You have to rotate the crops.

 

 

 

inevitably it could drive prices up greatly, and I had originally like the idea of group investors because if they could cause slow but constant decline in price it might lead to jagex introducing new/better gear or another $ making monster.

the GE is like the stock market. People make a company and ppl invest in it. (the price manipulators) then ppl see that it is rising so they invest in it and merchanters make alot of money. there r trade limits so that ppl cant make mass amount of money on it but there is really no way to stop it. it is the market. the ge tells everyone the price so really nobody can get scammed and it is easier for ppl to buy and sell. it is basically like old skool merchanting but easier. i just dont understand why ppl dont do this for themselves. sure price manipulation is against the rules but really... how does jagex know. u could just be a happy go lucky buyer. (meanwhile u and ur friends r becoming rich) i never manipulated the price cuz im poor :lol: but i dont understand wat jagex can do about it. they already restricted it. if they restrict it again ppl will complain.

 

 

 

personally this should be left alone and it isnt a big problem yet. it will be and then jagex will go through another series of "terrible" updates.

There are limits, you can't buy more than 100 godswords in 4 hours and you can't buy more than 20k of a 'raw material' in 20 hours (i.e. runes, logs, arrows, etc.)

 

 

 

Yet I've bought 36k willow logs by accident...

the GE is like the stock market. People make a company and ppl invest in it. (the price manipulators) then ppl see that it is rising so they invest in it and merchanters make alot of money. there r trade limits so that ppl cant make mass amount of money on it but there is really no way to stop it. it is the market. the ge tells everyone the price so really nobody can get scammed and it is easier for ppl to buy and sell. it is basically like old skool merchanting but easier. i just dont understand why ppl dont do this for themselves. sure price manipulation is against the rules but really... how does jagex know. u could just be a happy go lucky buyer. (meanwhile u and ur friends r becoming rich) i never manipulated the price cuz im poor :lol: but i dont understand wat jagex can do about it. they already restricted it. if they restrict it again ppl will complain.

 

 

 

personally this should be left alone and it isnt a big problem yet. it will be and then jagex will go through another series of "terrible" updates.

 

 

 

But it's not like investing. When you buy out an item, it naturally goes up. There is no 'risk' in completely buying out an item- if you're able to completely buy out an item, software kicks in and the price naturally rises. This doesn't happen in real life- we're not governed by software.

 

 

 

This is why we call this price manipulation, and not investing, not merchanting, not mass investing. As far as speculation is concerned, if you have a hunch that the price will rise and try to profit off of it, then it's ok. When it comes to large groups of people or one person with very deep pockets buying out items, it no longer becomes speculation. These are the people who alter the game and make a price rise in a way that is not natural.

 

 

 

So do we change GE or do we punish these price manipulators?

Even if you do make it go up, that means next to nothing if there is no demand for it the next day. If there is barely any demand for the item which you made rise, the price will naturally fall.

the GE is like the stock market. People make a company and ppl invest in it. (the price manipulators) then ppl see that it is rising so they invest in it and merchanters make alot of money. there r trade limits so that ppl cant make mass amount of money on it but there is really no way to stop it. it is the market. the ge tells everyone the price so really nobody can get scammed and it is easier for ppl to buy and sell. it is basically like old skool merchanting but easier. i just dont understand why ppl dont do this for themselves. sure price manipulation is against the rules but really... how does jagex know. u could just be a happy go lucky buyer. (meanwhile u and ur friends r becoming rich) i never manipulated the price cuz im poor :lol: but i dont understand wat jagex can do about it. they already restricted it. if they restrict it again ppl will complain.

 

 

 

personally this should be left alone and it isnt a big problem yet. it will be and then jagex will go through another series of "terrible" updates.

 

 

 

But it's not like investing. When you buy out an item, it naturally goes up. There is no 'risk' in completely buying out an item- if you're able to completely buy out an item, software kicks in and the price naturally rises. This doesn't happen in real life- we're not governed by software.

 

 

 

This is why we call this price manipulation, and not investing, not merchanting, not mass investing. As far as speculation is concerned, if you have a hunch that the price will rise and try to profit off of it, then it's ok. When it comes to large groups of people or one person with very deep pockets buying out items, it no longer becomes speculation. These are the people who alter the game and make a price rise in a way that is not natural.

 

 

 

So do we change GE or do we punish these price manipulators?

 

Hmm making money without the risk of losing some? Sounds really smart to me. This kind of stuff does happen naturally. Remember Microsoft's bid to buy yahoo. Investors made millions off of it as they surged yahoo stock up. Microsoft basically tried to "buy out" yahoo.

Even if you do make it go up, that means next to nothing if there is no demand for it the next day. If there is barely any demand for the item which you made rise, the price will naturally fall.

 

Which is where the naive newbies in A C I D Y come in. The really rich buy out, then they tell everyone in A C I D Y to buy out the same item. They sell their items through the GE to people who thought they were going to rise back up, and they make loads of cash on their backs.

Hmm making money without the risk of losing some? Sounds really smart to me. This kind of stuff does happen naturally. Remember Microsoft's bid to buy yahoo. Investors made millions off of it as they surged yahoo stock up. Microsoft basically tried to "buy out" yahoo.

 

 

 

The difference being that Yahoo stock holders hold on to the stock for an extended period of time, and there is still the risk, because not all analysts are correct and it always depends on who you're talking to. True the stock soared, but no one would have known the night before. The problem with GE is that, during manipulation, there is almost 100% certainty that the price will rise especially if it is a hot selling item.

 

 

 

As far as GE and manipulation is concerned, it's all computer science related. Basically what starts out as a simple purchase becomes a full fledged Positive Feedback Cycle. This allows someone or a group of people to jack the price as much as they want over an extended period of time.

 

 

 

When they want to stop the feedback cycle, they just drop the ball and the price of the item drops violently.

 

 

 

No one to this present moment has mentioned Positive Feedback and I believe that this is where the problem lies.

the GE is like the stock market. People make a company and ppl invest in it. (the price manipulators) then ppl see that it is rising so they invest in it and merchanters make alot of money. there r trade limits so that ppl cant make mass amount of money on it but there is really no way to stop it. it is the market. the ge tells everyone the price so really nobody can get scammed and it is easier for ppl to buy and sell. it is basically like old skool merchanting but easier. i just dont understand why ppl dont do this for themselves. sure price manipulation is against the rules but really... how does jagex know. u could just be a happy go lucky buyer. (meanwhile u and ur friends r becoming rich) i never manipulated the price cuz im poor :lol: but i dont understand wat jagex can do about it. they already restricted it. if they restrict it again ppl will complain.

 

 

 

personally this should be left alone and it isnt a big problem yet. it will be and then jagex will go through another series of "terrible" updates.

 

 

 

But it's not like investing. When you buy out an item, it naturally goes up. There is no 'risk' in completely buying out an item- if you're able to completely buy out an item, software kicks in and the price naturally rises. This doesn't happen in real life- we're not governed by software.

 

 

 

This is why we call this price manipulation, and not investing, not merchanting, not mass investing. As far as speculation is concerned, if you have a hunch that the price will rise and try to profit off of it, then it's ok. When it comes to large groups of people or one person with very deep pockets buying out items, it no longer becomes speculation. These are the people who alter the game and make a price rise in a way that is not natural.

 

 

 

So do we change GE or do we punish these price manipulators?

 

 

 

i understand wat ur saying but i just dont get why more ppl dont do it. r they good kids or do they just not know. i agree this is a problem but wat can jagex do. not another trade restrictions update #-o wat can they do is the question.

i understand wat ur saying but i just dont get why more ppl dont do it. r they good kids or do they just not know. i agree this is a problem but wat can jagex do. not another trade restrictions update #-o wat can they do is the question.

 

 

 

I hear ya,

 

 

 

Because price manipulation is part of a 'positive feedback loop', restrictions probably wouldn't change much. Rather than making more restrictions on GE, I believe Jagex should intervene so as to deter people from manipulating expensive items. If there something suspicious going on, Jagex should be able to drop (or raise) the price.

 

 

 

Because of the nature of the manipulation; the fact that it is a positive feedback loop, having Jagex alter prices on manipulated items would be the best deterrent against the manipulators.

 

 

 

Second would be applying GE bans to these manipulators, especially to the masterminds. Give them the ability to trade, but if they are messing with GE, they shouldn't be privileged to use it.

 

 

 

Heck, maybe we should have a GE code of conduct. Disobey the rules and get a ban from using the GE.