Pirate_Felix Posted September 21, 2008 Share Posted September 21, 2008 Could the prices of items ever drop so low without the grand exchange? could a d skirt ever be 160k, a dmed 60k and gs plummet that fast? discuss i think they couldnt, now its just the ease of putting your item in the ge and waiting for it to sell, thus more people selling and price dropping faster. previously you needed to stand hours in W2 saying: "Selling D skirt 900k!" and hoping for someone to buy and not get scammed. [hide]Felix, je moeder.Je moeder felixJe vader, felix.Felix, je oma.Felix, je ongelofelijk gave pwnaze avatar B)Felix, je moeder.[/hide] Link to comment Share on other sites More sharing options...
Mr_Recci Posted September 21, 2008 Share Posted September 21, 2008 Nah I dont think they had dropped so fast. Ofcourse they had dropped but very slow. Link to comment Share on other sites More sharing options...
mchainmail Posted September 21, 2008 Share Posted September 21, 2008 The GE eliminated a lot of the overhead and cost of selling a product... when you bought an item before, you paid for not just the item but also the effort of the person that collected it all so you would be able to buy it all at once. Link to comment Share on other sites More sharing options...
Pirate_Felix Posted September 21, 2008 Author Share Posted September 21, 2008 true, one load of 2k magic logs was worth more then 20 loads of 100 magic logs [hide]Felix, je moeder.Je moeder felixJe vader, felix.Felix, je oma.Felix, je ongelofelijk gave pwnaze avatar B)Felix, je moeder.[/hide] Link to comment Share on other sites More sharing options...
ladycai Posted September 21, 2008 Share Posted September 21, 2008 The GE made certain items drop down to it's alch value. Doubt it can go lower. 95/99 Summoning95/99 Slayer [hide=This is what you look like when you play RS too long][/hide] Link to comment Share on other sites More sharing options...
Omali Posted September 21, 2008 Share Posted September 21, 2008 The GE made certain items drop down to it's alch value. Doubt it can go lower. This. Most items will not go below their high alch value, except mass produced items like yew longbows. Link to comment Share on other sites More sharing options...
Pirate_Felix Posted September 22, 2008 Author Share Posted September 22, 2008 yes but could they ever drop that low without the grand exchange. [hide]Felix, je moeder.Je moeder felixJe vader, felix.Felix, je oma.Felix, je ongelofelijk gave pwnaze avatar B)Felix, je moeder.[/hide] Link to comment Share on other sites More sharing options...
Promise Posted September 22, 2008 Share Posted September 22, 2008 The GE made certain items drop down to it's alch value. Doubt it can go lower. This. Most items will not go below their high alch value, except mass produced items like yew longbows. Yes, because a phat or 3a armor would drop to its high alch value. :roll: Everything is bound to drop, it's inevitable (In most cases). But because everyone could see that it dropped with the G.E. beta, people will panic to sell their items. This causes prices to flux at a much faster rate. With trade caps, the only way to sell an item below street value is through the G.E. This ties in with the G.E. beta and supply and demand. The only time there is demand is if an item isn't plummeting. This makes buying a BGS without loosing cash much harder. Demand has now declined and supply has increased. If everyone didn't feel like they're walking on ice, the economy would be much more stable. Link to comment Share on other sites More sharing options...
Guest Posted September 22, 2008 Share Posted September 22, 2008 I personally don't mind the drop in the prices through the GE, without the GE it would have happened as well (maybe not as drastical as now). Still the GE saves us loads of spare time, since we do not have to spend hours on trying to sell items... This means in the meanwhile we can get more xp/gp, and also GE gives a base for the merchanter, he can even keeop merching during the night. It is true the prices dropt a little bit, but the GE was worth it Link to comment Share on other sites More sharing options...
upthebanner Posted September 22, 2008 Share Posted September 22, 2008 I do not understand why people insist that prices have dropped since the introduction of the G.E. The price of finished products (armours,rares,potions,weapons,runes etc) have dropped dramatically. This is simply because demand has not changed but supply has become easy. However the price of raw and half made objects have risen just as dramatically. Some examples:- 1. Iron bar - Was 200gp now 240gp 2. Steel bar - Was 550gp now 630gp 3. Coal - Was 170gp now 175 gp 4. Yew logs - Was 310gp now 440gp 5. Big bones - Was 300gp now 390gp 6. Gold ore - Was 400gp now 520gp 7. Raw lobster - Was 300gp now 340gp This is because there are no autoers doing the donkey work and there is less availability ie demand has remained constant but supply has lessened. The G.E is a tool that has enabled players to seethe supply/demand process in action. Personally my belief is that prices will still go further up overall especially when the PvP worlds start and supply is even more strained. Link to comment Share on other sites More sharing options...
hohto Posted September 22, 2008 Share Posted September 22, 2008 yes but could they ever drop that low without the grand exchange. I don't see why would that happen. Certain massproduced items have been sold for cheaper than the alch price in the past just to save time and efford. Selling dragon items for that kind of prices wouldn't happen for few reasons: you got so few items that alching them would infact be easier, faster and even more profitable. Because of this I assume that non massproduced items wouldn't ever fall below the high alch price (or the price-nat price) even if we didn't have the GE. I'd rather die for what I believe in than live for anything else.Name Removed by Administrator ~Turtlefemm Link to comment Share on other sites More sharing options...
MedievalKid Posted September 22, 2008 Share Posted September 22, 2008 I personally don't mind the drop in the prices through the GE, without the GE it would have happened as well (maybe not as drastical as now). Still the GE saves us loads of spare time, since we do not have to spend hours on trying to sell items... This means in the meanwhile we can get more xp/gp, and also GE gives a base for the merchanter, he can even keeop merching during the night. It is true the prices dropt a little bit, but the GE was worth it I agree, the GE is so much more convenient then looking for items on the forums (not being able to post being a f2p myself) or going to a trade world to spend hours trying to get the item(s) I needed. Yes some items have dropped, but also a lot of items have risen, for instance I know before the GE full Saradomin was selling for 2.1mil or so, its now worth over 4mil. I also think that yes the GE was worth it. My F2p Blog||Active F2p Highscores Link to comment Share on other sites More sharing options...
InkofDeath Posted September 22, 2008 Share Posted September 22, 2008 They'd even go lower, although it would take several years for things to drop 'that' low, the GE just increased the speed, but because it's a controlled drop, it won't go lower than the alch value. Link to comment Share on other sites More sharing options...
Maulmachine Posted September 22, 2008 Share Posted September 22, 2008 The GE made certain items drop down to it's alch value. Doubt it can go lower. This. Most items will not go below their high alch value, except mass produced items like yew longbows. Yes, because a phat or 3a armor would drop to its high alch value. :roll: The keyword was most, and if you didn't notice this thread is about items dropping, as I recall 3a is rising... Corporeal Drops:2xHoly elixersBandos Drops: Bcp(soloed) 5x hilts 8x tassets Armadyl Drops:Armadyl Hilt(trio)Zamorak Drops: 2xZamorakian spear 3x Steam battlestaff Link to comment Share on other sites More sharing options...
jessy87 Posted September 22, 2008 Share Posted September 22, 2008 see, how its not the people who can live on world 2 who demand a set price and then 20 or so people with the same item sitting around demanding to sell for very similar price. it has turned the RS economy into a Reactive economy of true supply and demand. Link to comment Share on other sites More sharing options...
999134 Posted September 22, 2008 Share Posted September 22, 2008 I do not understand why people insist that prices have dropped since the introduction of the G.E. The price of finished products (armours,rares,potions,weapons,runes etc) have dropped dramatically. This is simply because demand has not changed but supply has become easy. However the price of raw and half made objects have risen just as dramatically. Some examples:- 1. Iron bar - Was 200gp now 240gp 2. Steel bar - Was 550gp now 630gp 3. Coal - Was 170gp now 175 gp 4. Yew logs - Was 310gp now 440gp 5. Big bones - Was 300gp now 390gp 6. Gold ore - Was 400gp now 520gp 7. Raw lobster - Was 300gp now 340gp This is because there are no autoers doing the donkey work and there is less availability ie demand has remained constant but supply has lessened. The G.E is a tool that has enabled players to seethe supply/demand process in action. Personally my belief is that prices will still go further up overall especially when the PvP worlds start and supply is even more strained. those prices where genrally due to mass boting Check it out, huge amount of effort has gone into this massive mod![hide=old sig][/hide] Link to comment Share on other sites More sharing options...
Omali Posted September 22, 2008 Share Posted September 22, 2008 The GE made certain items drop down to it's alch value. Doubt it can go lower. This. Most items will not go below their high alch value, except mass produced items like yew longbows. Yes, because a phat or 3a armor would drop to its high alch value. :roll: Read what I wrote before you respond Read what I wrote before you respond Read what I wrote before you respond For God's sake, read what I wrote before you respond. I don't remember ever mentioning phats or 3a, and luckily I don't have to rely on my memory because what I said is right there. Now, Read what I wrote before you respond Link to comment Share on other sites More sharing options...
Atom Smash40 Posted September 22, 2008 Share Posted September 22, 2008 yea...im disappointed too..my frst drag drop was a d skirt...and recently too. coulda made more money than i wasted maging...but noooooo. and what about the flip side? why are rangers all of a sudden 5m?!!??!? ~ 3,072nd to 99 Mining on August 30th, 2009 ~~ 112,084th to 99 Magic on April 16th, 2011 ~~ 131,681st to 99 Crafting on March 29, 2019 ~~ 178,385th to 99 Prayer on April 2, 2019 ~~ 234,921st to 99 Defence on May 9, 2019 ~~ 173,480th to 99 Herblore on June 21, 2019 ~~ 155,160th to 99 Smithing on July 16, 2019 ~ Link to comment Share on other sites More sharing options...
Zaaps1 Posted September 23, 2008 Share Posted September 23, 2008 The GE certainly magnifies what happened in the old trading system. But remember it also lets prices rise quicker, and the GE affects higher priced items much more than lower ones. ~It's Super Effective! (The Zaaps Blog)~My YouTube Channel, where you get to watch me go around and make a fool out of myself and all comp capersGuides:~Yeah I wrote them once~Suggestions:~Yeah I made those once~ Link to comment Share on other sites More sharing options...
chaosoffar Posted September 23, 2008 Share Posted September 23, 2008 yea...im disappointed too..my frst drag drop was a d skirt...and recently too. coulda made more money than i wasted maging...but noooooo. and what about the flip side? why are rangers all of a sudden 5m?!!??!?D skirts and legs dropped so far largely because of visage hunting flooding the market. As far as rangers they've continually gone up since treasure trail rewards were expanded thereby making them rarer. Personally I find enough good in the GE that I'm willing to overlook the bad(can't have your cake and eat it too =). Link to comment Share on other sites More sharing options...
Yomyth105 Posted September 23, 2008 Share Posted September 23, 2008 with ge everything is lower. back then u had to spend time to find a deal. time = money. so ur dealer would have to put more money in the deal. it was basically like this. the ge made this easier thus making it cheaper. Link to comment Share on other sites More sharing options...
i_D_r Posted September 23, 2008 Share Posted September 23, 2008 yomy hit it on the money. ge synchronized our trading system. Link to comment Share on other sites More sharing options...
Inuashakent Posted September 23, 2008 Share Posted September 23, 2008 Not really. I don't think it's the time=money business. What I think it is, is a bunch of merchants and people who panic every time a price falls a wee bit, which actually causes a crash. [Summoning guide (AOW)] [Slayer guide] [Melee & Brawl player] Link to comment Share on other sites More sharing options...
chad197 Posted September 23, 2008 Share Posted September 23, 2008 I don't think they'll get the same economic crisis we are in in RL tbh... Visit my blogSignature made by dsavi_x4 Link to comment Share on other sites More sharing options...
Xenolith Posted September 24, 2008 Share Posted September 24, 2008 The Grand Exchange introduced investing into the Runescape economy. Beforehand, it was ridiculous to buy items, hoping that they would go up. People didn't invest, they merchanted. Now, with the GE database and all, in addition to price limits, investing has become mainstream. People see a minute change in price due to whatever, and then they either buy, buy, buy, or they see a small drop, and sell, sell, sell. This causes severe fluctuations that wouldn't have happened before all of the GE was introduced. As others have said, in the past, you were not paying only for the materials, but also the service of collecting the material. Now, the vast majority of trading is done via the GE, thus eliminating the time required to gather materials. Link to comment Share on other sites More sharing options...
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