Market Instability and Gameplay

[No_99_Melee]

As we all know prices of various high valued armor pieces have been fluctuating lately, but what concerns me is that because of this our gameplay is affected negatively. Players are afraid to buy such items as any GS or the armadyl/bandos armor because they don't want to take a risk with thier money. People can't have fun with thier money without worrying if it will be there in the next day or two. In reality this makes the game less fun (this is my opinion only). Merchants can probably see this as a step upward in gameplay, but we aren't all fulltime merchants.

 

 

 

Everytime I want to do something fun like go to GWD or DKs I have to take 20 minutes to decide if it's what I actually want to do. For GWD I might need to buy a BGS and if at the moment it is falling then I probably won't take the risk of buying it for the moment only to not be able to sell it later or at a loss of 1m overnight. Cmon that's not fun at all -.-.

 

 

 

The way the GE operates is based off the law of supply and demand. Less supply + more demand = higher price and vice versa. The problem is this can easily be manipulated by certain individuals who can lessen the supply and later flood the market.

 

 

 

Another hinderance to the market is the consumer. Most consumers do not look at an item based on it's usefullness anymore. Instead it's based on the price tag equipped to it. Honestly lets be real, godswords are usefull in certain situations, but the whip can be just as good if not better.

 

 

 

Whip hits 1.5 times faster than GS(as I'm told).

 

At my str (88) I can max 38 with GS, and a 28 with whip.

 

This means in the time I hit 1 38 with my GS I can hit 42 with my whip (theoretically).

 

Whip can be better than GS (in cerain situations).

 

 

 

Yet the value of BGS continues to fluctuate between 20-30m. The GE won't let it succum to complete downfall because of supply and demand.

 

 

 

The market needs to somehow be changed to become more stable in prices. Monopolies are destroying Runescape because Jagex lets them.

[STDracula]

Yeah every 1 kinda notice that too like the price of ss... it has drop by alot !!!! i hope everything will be back to normal with the next jagex update :

[BloodArgon]

The whip vs GS thing is, yeah, the whip hits more, but, where the GS is used most is PVP and godwars. Yeah, its only 1 38 vs 2 hits adding to 42, but vs bandos, that GS will be WAY more accurate, since its accuracy is much higher, meaning its a better weapon.

 

 

 

I understand what you mean with the falling thing, thats mainly why I havnt bought anything. Best solution for this right now, bite the bullet and use the lending system. Sure it might be 200k for a DK trip using the GS alone, but, figure you make 2M in drops, its better than buying a GS and making 2M, only to see the sword drop another 1.5M, which it has been doing.

[pulli23]

The whip vs GS thing is, yeah, the whip hits more, but, where the GS is used most is PVP and godwars. Yeah, its only 1 38 vs 2 hits adding to 42, but vs bandos, that GS will be WAY more accurate, since its accuracy is much higher, meaning its a better weapon.

 

 

 

I understand what you mean with the falling thing, thats mainly why I havnt bought anything. Best solution for this right now, bite the bullet and use the lending system. Sure it might be 200k for a DK trip using the GS alone, but, figure you make 2M in drops, its better than buying a GS and making 2M, only to see the sword drop another 1.5M, which it has been doing.

 

 

 

Or you could of course buy a godsword with the intention of KEEPING it?

[No_99_Melee]

The whip vs GS thing is, yeah, the whip hits more, but, where the GS is used most is PVP and godwars. Yeah, its only 1 38 vs 2 hits adding to 42, but vs bandos, that GS will be WAY more accurate, since its accuracy is much higher, meaning its a better weapon.

 

 

 

I understand what you mean with the falling thing, thats mainly why I havnt bought anything. Best solution for this right now, bite the bullet and use the lending system. Sure it might be 200k for a DK trip using the GS alone, but, figure you make 2M in drops, its better than buying a GS and making 2M, only to see the sword drop another 1.5M, which it has been doing.

 

 

 

Or you could of course buy a godsword with the intention of KEEPING it?

 

 

 

But people are afraid of risking it and letting it drop to 15-10m...

[a_bert]

if I could afford a godsword, I'd buy it. To hell with the price. It's as much a status symbol as a weapon, for me.

 

 

 

Sadly I have a net worth of only around 10 million so it's not going to happen for a while.

[BroncoStorm]

i agree if i had the money too i would buy one no doubt.

[No_99_Melee]

if I could afford a godsword, I'd buy it. To hell with the price. It's as much a status symbol as a weapon, for me.

 

 

 

Sadly I have a net worth of only around 10 million so it's not going to happen for a while.

 

 

 

i agree if i had the money too i would buy one no doubt.

 

 

 

What if godswords went down to 1m each? (hypothetical)

 

 

 

Would you still want one?

[rangeor]

if I could afford a godsword, I'd buy it. To hell with the price. It's as much a status symbol as a weapon, for me.

 

 

 

Sadly I have a net worth of only around 10 million so it's not going to happen for a while.

 

 

 

i agree if i had the money too i would buy one no doubt.

 

 

 

What if godswords went down to 1m each? (hypothetical)

 

 

 

Would you still want one?

 

 

 

Hell yes. But mainly for looks/GWD/PVP.

[xSxqPowerx]

I bought my SGS for 125m.

 

Not really that concerned with the price drops; I bought it to keep. To me it is worth the price drops to just have it, instead of waiting for it to go down.

[Obtaurian]

I bought my SGS for 125m.

 

Not really that concerned with the price drops; I bought it to keep. To me it is worth the price drops to just have it, instead of waiting for it to go down.

 

 

 

I buy equipment to keep as well. If I buy a SGS for 60m, and the moment I buy it it drops to 50m, then so be it. I bought it so I could use it.

 

 

 

While it's terrible that the economy is insane right now, it doesn't affect me. I'm mostly an independent player anyway.

[Omar]

The whip vs GS thing is, yeah, the whip hits more, but, where the GS is used most is PVP and godwars. Yeah, its only 1 38 vs 2 hits adding to 42, but vs bandos, that GS will be WAY more accurate, since its accuracy is much higher, meaning its a better weapon.

 

 

 

I understand what you mean with the falling thing, thats mainly why I havnt bought anything. Best solution for this right now, bite the bullet and use the lending system. Sure it might be 200k for a DK trip using the GS alone, but, figure you make 2M in drops, its better than buying a GS and making 2M, only to see the sword drop another 1.5M, which it has been doing.

 

 

 

Or you could of course buy a godsword with the intention of KEEPING it?

 

Not everyone can afford to keep items like GSs. He might want to buy it just for GWD then sell after because it's too much of an amputation to his cash pile.

[BloodArgon]

The whip vs GS thing is, yeah, the whip hits more, but, where the GS is used most is PVP and godwars. Yeah, its only 1 38 vs 2 hits adding to 42, but vs bandos, that GS will be WAY more accurate, since its accuracy is much higher, meaning its a better weapon.

 

 

 

I understand what you mean with the falling thing, thats mainly why I havnt bought anything. Best solution for this right now, bite the bullet and use the lending system. Sure it might be 200k for a DK trip using the GS alone, but, figure you make 2M in drops, its better than buying a GS and making 2M, only to see the sword drop another 1.5M, which it has been doing.

 

 

 

Or you could of course buy a godsword with the intention of KEEPING it?

 

Not everyone can afford to keep items like GSs. He might want to buy it just for GWD then sell after because it's too much of an amputation to his cash pile.

 

 

 

Yeah, with my stack reaching about 25.7M at the time, its not exactly fun to buy a GS, and watch it fall 5M, considering thats like 1/5 of the money I have. Most use I could make out of it would be soloing and getting hilts or armor from bandos, resulting in a decent compensation, but, that wont happen.

[mario_sunny]

Are you suggesting we stuff more limits into the GE? It's so weighed down right now with ridiculous price limits I just want to puke.

 

 

 

If jagex puts more limits in the GE I think I might just quit the game for good. The only thing I find that gets me great money nowadays is GWDing or investing... and I would rather choose investing because of the decreasing gs prices.

[Aneron]

I think that it would be perfectly reasonable of jagex to limit the number of 1m+ items you can buy in a day... I can't imagine why anyone would need 20 godswords except to manipulate prices.

[jettrider]

The market instability is only temporary, the GE is NOT restricting godswords anymore, and manipulators do NOT affect longterm price average. The player must at least be able to read graphs and analyze the trend of the item in question. If they fail to do this, then yes, they are at risk of losing money. But an average player can get a great deal by watching the item's trend and buying when low.

 

 

 

A lot of factors go into the current state of the market. For one, there's the usual end-of-summer market crash and subsequent boom. Then there's the loosening of godsword prices. Next you have about 2 topics about the same issue being created every day, on every forum and the influence that they have on consumer's thought.

[sparky1_2007]

you know what i think jagex should do.

 

 

 

dump the GE, bring back old trading, it was much better back then, and we were able to regulate our prices just fine without the dang GE messing it up.

 

 

 

it's just that it would blah blah blah RWT, blah blah credit card companies, and all that junk.

 

 

 

so my idea prolly wont happen -.-

[acenator]

you know what i think jagex should do.

 

 

 

dump the GE, bring back old trading, it was much better back then, and we were able to regulate our prices just fine without the dang GE messing it up.

 

 

 

it's just that it would blah blah blah RWT, blah blah credit card companies, and all that junk.

 

 

 

so my idea prolly wont happen -.-

 

All they really need to do is remove price controls and the 5% rule (the GE is anonymous and random, anyways, so RWT is covered) and just calculate the average price every so often. That way, people get a nice "suggested" price while also being able to trade for whatever price they want.

 

 

 

Of course, Jagex seems to like the power the GE gives them, so this probably won't happen, either (just look at phat and 3rd age prices; if Jagex didn't like their control of the economy, they'd have changed those prices a loooooooong time ago).

[craven_range]

Whip hits 1.5 times faster than GS(as I'm told).

 

 

 

Godsword attacks once every 3.6 Seconds

 

Whip attacks once every 2.4 seconds

 

 

 

So yes, you are right in saying that the whip attacks 1.5 times per the godswords 1 attack

 

 

 

[hide=Dark Bow Vs Whip (OFF TOPIC)]For anyone interested, the dark bow fires every 5.4 seconds, and the whip hits every 2.4 second. The Dbow fires two arrows, meaning it attacks 1 arrow per 2.7 seconds

 

 

 

2.7/2.4=1.125

 

 

 

The whip attacks 1.125 times per the dark bows 1 attack.

 

 

 

This is just to prove dark bow isn't as bad as everyone thinks :[/hide]

[BiJay]

The way the GE operates is based off the law of supply and demand. Less supply + more demand = higher price and vice versa. The problem is this can easily be manipulated by certain individuals who can lessen the supply and later flood the market.

 

Sorry, but that's wrong. GE isn't based on the law of supply and demand. It's based on the prices the items are sold for and the amount of them. That's why phats don't drop (only a few buyers) and 3rd age doesn't go up (only a few sellers).

 

 

 

People shouldn't blame the current market but sould profit of it. Buy your lovely amour at low prices and sell your drops high. Be patient!

[a_bert]

What if godswords went down to 1m each? (hypothetical)

 

 

 

If only. This would be wonderful!

[oropher]

 

Sorry, but that's wrong. GE isn't based on the law of supply and demand. It's based on the prices the items are sold for and the amount of them. That's why phats don't drop (only a few buyers) and 3rd age doesn't go up (only a few sellers).

 

 

 

People shouldn't blame the current market but sould profit of it. Buy your lovely amour at low prices and sell your drops high. Be patient!

 

 

 

Idiot. "Profit of it"? The people that profit from it are always a small minority, there are way more people that lose money from it. Buy armour low and sell high? That means some other people have to sell low and buy high. Patience has nothing to do with it, there will always be more people losing cash to this then people making cash from it.

[pulli23]

 

Sorry, but that's wrong. GE isn't based on the law of supply and demand. It's based on the prices the items are sold for and the amount of them. That's why phats don't drop (only a few buyers) and 3rd age doesn't go up (only a few sellers).

 

 

 

People shouldn't blame the current market but sould profit of it. Buy your lovely amour at low prices and sell your drops high. Be patient!

 

 

 

Idiot. "Profit of it"? The people that profit from it are always a small minority, there are way more people that lose money from it. Buy armour low and sell high? That means some other people have to sell low and buy high. Patience has nothing to do with it, there will always be more people losing cash to this then people making cash from it.

 

uhm as long as the average -longterm- price rises there are more people that 'profit' from it: if the price -longterm- drops people "loose" money on average (more losses than profits): why do you think a small inflation is always nice to have in real life?

 

 

 

Problem is that in rs there is a general deflation with 99% of the items. And the problem is that unlike real life the 'average consumer' is directly influenced by small [bleep]es! But there's no way to solve it other than allowing "free trade" again: so speculators can stock up on something and sell it against the consumers for a stable price. Or they have to remove the GE altogether and set fixed prices on everything!

 

The first will not happen, and the second thing I hope will not happen!

[@Dan3HitU]

I bought my most recent AGS (for keeps) at 70.2M and it looks like it's going to go up higher than that, however, I bought it for keeps and for the new PvP, as if it's good I may actually start PvPing again.

[Chumley]

All they really need to do is remove price controls and the 5% rule (the GE is anonymous and random, anyways, so RWT is covered)

 

 

 

 

 

Clearly that is not correct. Gold buyer puts up a bronze dagger for sale at 100m. Gold seller puts an offer in for a bronze dagger at 100m. Yes it is anonymous to a certain extent, but without the price controls that are in place RWT would be stupidly easy. Don;t get me wrong, I think there are several flaws with the GE, but removing price restrictions totally is not an option.