Help put an end to junk trading

[walka92]

mag; you point really just does comedown to how each person defines their profit when junk trading; its the main problem here sofar.

 

so please, just let it die lol

[bedman]

Hmm, *goes buy 3rd age from ge, no one sells* yeah...Can't use GE all the time can we?.

 

 

 

And, I'm not selling stuff that can I get way more money for. Let's say I sell something for 10m at ge and people buy/sell for 20m, now, if I want it back, I'm sure ge won't sell, so I just lost my money? Junk trades exists there is no way to remove them, unless they bring back free trade

 

 

 

And I bet no one will stop doing it while they know thousands of people still do

 

 

 

like pretty much everyone has already said

 

the extra money is for the junk, not the rare

 

to actual "make" more money you should sell on the g.e.

 

like has been stated over and over

 

liquidation and profit are two different things

 

if there was a good way to liquidate junk no one would junk trade because they would realize that it is more profitable to trade in their junk for coins and then sell them on the g.e. for the 5% margin

 

even though junk has no practical value to players, it does still have a value in coins, which is what you're exchanging it for in junk trades

 

it's an equal trade

 

neither player is gaining or losing through junk trades

 

 

 

Please tell me why, oh why, does HE have to sell that rare item on the GE (underpriced), while YOU have just admited that you WOULDNT sell it and wait it out.

 

Oh god...

[Makoto_the_Phoenix]

In short, this prevents the quick turnaround of selling a good that you found for cheap (infamous Maple longbows(u)) for a substantial gain. If that item were really to fall to its real value, players that sold it could make a turnaround of 9 times greater (assuming that the price falls to 15gp per). This also prevents a player from overcharging on an item that can be found cheaper in stores.

 

 

 

I also don't see how it could cause inflation, either. If you're trading the item, then the GE dictates what it's worth. If the GE says that Maple longbows are 144gp each, that's how much they are in a trade. If you're able to get maybe 70-75% of that in cash, then that would be better than getting next to nothing from it in a Gen store.

 

 

 

 

 

I fail to see how this is a problem.

 

 

 

Let's say a general store pays 100 for each item at minimum, and you can sell 5,000 per hour.

 

 

 

The amount of money you make is 500,000 - 5,000(Price of a Bow).

 

 

 

Now, if bows were 100 each... you would make 0 per hour, and no one would buy and sell them.

 

If bows were 80 each, you would make 100,000 per hour.

 

If bows were 50 each, you would make 250,000 per hour.

 

If bows were 20 each, you would make 400,000 per hour.

 

 

 

The profit margin rises the lower the price falls. The higher the profit margin rises, the more likely people will take this "job", and buy up the maple longbows. The more people buying maple longbows, the higher the price will become. Therefore, eventually it will find a point of balance where some people can make money by disposing junk items for other players, but the profit margin is low enough to keep it in balance.

 

 

 

I don't really see the issue with it either, but those are the specs that Jagex put in, not me. I've got no choice but to go along with those until I see a reason that it shouldn't, and so far, I haven't.

 

 

 

Wouldn't junk trading be eliminated if General Stores simply bought items for their GE price?

 

 

 

Kind of. I said something to the tune of 70-75% of the GE price, so that one can get something back.

[Madmanpur3]

it seems to me that, at this point, most everyone is agreeing that junk trading is a flawed system and that

 

the liquidation of said junk would prevent players from using it in the trading of rares

 

which would then move to the g.e.

 

No. Most everyone is agreeing that the GRAND EXCHANGE is a flawed system and that junk trading is a partial SOLUTION to said problem.

 

 

 

Side note - Price floors on the GE are the biggest jokes ever. Soma already pointed out how getting rid of them would simply allow the economy to do it's job and nothing will get exploited.

 

 

 

So I'll repeat, junk trading becomes fixed once the grand exchange becomes fixed (which in all honesty would have a better chance of ever happening if jagex were to take south park's depiction of family guy's writing staff approach [manatees with idea balls] over the bozos they have working there now).

[Nero]

Magzar why don't you just buy everyone's junk if it's an even exchange? Your bank net worth won't change, so why not?

[magzar]

Hmm, *goes buy 3rd age from ge, no one sells* yeah...Can't use GE all the time can we?.

 

 

 

And, I'm not selling stuff that can I get way more money for. Let's say I sell something for 10m at ge and people buy/sell for 20m, now, if I want it back, I'm sure ge won't sell, so I just lost my money? Junk trades exists there is no way to remove them, unless they bring back free trade

 

 

 

And I bet no one will stop doing it while they know thousands of people still do

 

 

 

like pretty much everyone has already said

 

the extra money is for the junk, not the rare

 

to actual "make" more money you should sell on the g.e.

 

like has been stated over and over

 

liquidation and profit are two different things

 

if there was a good way to liquidate junk no one would junk trade because they would realize that it is more profitable to trade in their junk for coins and then sell them on the g.e. for the 5% margin

 

even though junk has no practical value to players, it does still have a value in coins, which is what you're exchanging it for in junk trades

 

it's an equal trade

 

neither player is gaining or losing through junk trades

 

 

 

Please tell me why, oh why, does HE have to sell that rare item on the GE (underpriced), while YOU have just admited that you WOULDNT sell it and wait it out.

 

Oh god...

 

 

 

god bedman

 

i've repeated this over and over

 

if an item's price is stationary as in not rising, then sell it on the g.e. and make a profit

 

if the item's price is rising, be smart, hold it until it peaks, and then sell it on the g.e.

 

i'm not saying "everyone go sell your rares on the g.e. while i hold mine so i can get more money."

 

i wouldn't hold an item with a stationary price

 

and most people, unless they need quick cash, wouldn't immediately sell an item who's price is on the rise

[bedman]

Hmm, *goes buy 3rd age from ge, no one sells* yeah...Can't use GE all the time can we?.

 

 

 

And, I'm not selling stuff that can I get way more money for. Let's say I sell something for 10m at ge and people buy/sell for 20m, now, if I want it back, I'm sure ge won't sell, so I just lost my money? Junk trades exists there is no way to remove them, unless they bring back free trade

 

 

 

And I bet no one will stop doing it while they know thousands of people still do

 

 

 

like pretty much everyone has already said

 

the extra money is for the junk, not the rare

 

to actual "make" more money you should sell on the g.e.

 

like has been stated over and over

 

liquidation and profit are two different things

 

if there was a good way to liquidate junk no one would junk trade because they would realize that it is more profitable to trade in their junk for coins and then sell them on the g.e. for the 5% margin

 

even though junk has no practical value to players, it does still have a value in coins, which is what you're exchanging it for in junk trades

 

it's an equal trade

 

neither player is gaining or losing through junk trades

 

 

 

Please tell me why, oh why, does HE have to sell that rare item on the GE (underpriced), while YOU have just admited that you WOULDNT sell it and wait it out.

 

Oh god...

 

 

 

god bedman

 

i've repeated this over and over

 

if an item's price is stationary as in not rising, then sell it on the g.e. and make a profit

 

if the item's price is rising, be smart, hold it until it peaks, and then sell it on the g.e.

 

i'm not saying "everyone go sell your rares on the g.e. while i hold mine so i can get more money."

 

i wouldn't hold an item with a stationary price

 

and most people, unless they need quick cash, wouldn't immediately sell an item who's price is on the rise

 

No you didnt repeat that over and over.

 

 

 

Your first post says that we all should stop junk trading for underpriced items, and start using the GE. This way, those prices wouldnt be stuck anymore. That's what it says, cant deny that, right?

 

Well, why should we do that if you admit it yourself that you wouldnt do it...

[magzar]

Hmm, *goes buy 3rd age from ge, no one sells* yeah...Can't use GE all the time can we?.

 

 

 

And, I'm not selling stuff that can I get way more money for. Let's say I sell something for 10m at ge and people buy/sell for 20m, now, if I want it back, I'm sure ge won't sell, so I just lost my money? Junk trades exists there is no way to remove them, unless they bring back free trade

 

 

 

And I bet no one will stop doing it while they know thousands of people still do

 

 

 

like pretty much everyone has already said

 

the extra money is for the junk, not the rare

 

to actual "make" more money you should sell on the g.e.

 

like has been stated over and over

 

liquidation and profit are two different things

 

if there was a good way to liquidate junk no one would junk trade because they would realize that it is more profitable to trade in their junk for coins and then sell them on the g.e. for the 5% margin

 

even though junk has no practical value to players, it does still have a value in coins, which is what you're exchanging it for in junk trades

 

it's an equal trade

 

neither player is gaining or losing through junk trades

 

 

 

Please tell me why, oh why, does HE have to sell that rare item on the GE (underpriced), while YOU have just admited that you WOULDNT sell it and wait it out.

 

Oh god...

 

 

 

god bedman

 

i've repeated this over and over

 

if an item's price is stationary as in not rising, then sell it on the g.e. and make a profit

 

if the item's price is rising, be smart, hold it until it peaks, and then sell it on the g.e.

 

i'm not saying "everyone go sell your rares on the g.e. while i hold mine so i can get more money."

 

i wouldn't hold an item with a stationary price

 

and most people, unless they need quick cash, wouldn't immediately sell an item who's price is on the rise

 

No you didnt repeat that over and over.

 

 

 

Your first post says that we all should stop junk trading for underpriced items, and start using the GE. This way, those prices wouldnt be stuck anymore. That's what it says, cant deny that, right?

 

Well, why should we do that if you admit it yourself that you wouldnt do it...

 

 

 

...I would

 

I would use the g.e.

 

not junk trading

 

but if an item's price is rising i would wait for it to peak

 

and i'm not telling anyone else not to either

 

i'm saying sell those items on the g.e. in general

 

i never said you had to sell them immediately

 

everyone has the ability to check price trends and find an appropriate time to sell

 

 

 

so let me say it this way

 

use the g.e. but be smart and watch price trends to find a good time

 

if the price is stable or showing a steady decline then sell

 

if it's rising then wait for it to peak and then sell

[bedman]

Okay, I get you with that.

 

 

 

However, if everyone would do as you said, we'd still be stuck with frozen GE prices, cause nobody would sell their third age in the GE.

 

That's not a solution to this problem.

 

 

 

And I find it funny how you call third age going up a price trend. Technically you are right, but for me a price trend is when an item real value changes. With third age, its just the GE value slowly adapting to the real value.

[magzar]

Okay, I get you with that.

 

 

 

However, if everyone would do as you said, we'd still be stuck with frozen GE prices, cause nobody would sell their third age in the GE.

 

That's not a solution to this problem.

 

 

 

And I find it funny how you call third age going up a price trend. Technically you are right, but for me a price trend is when an item real value changes. With third age, its just the GE value slowly adapting to the real value.

 

 

 

 

 

i was referring to claws as increasing

 

i would hold claws since they're rising steadily(2.2m today)

 

but that obviously isn't true of everyone since their prices are showing a continual change, and there has been no statement by any jagex employee saying they're doing anything to effect prices

 

but i would sell third age because it's prices really aren't changing

 

 

 

and since i'm talking about buying and selling on the g.e. "real values" don't matter

 

you have to look at the g.e. database to compare price trends because from player to player there is quite a variance in what they think an item's "real value" is

 

and like i've said before there is no way to get an item's real value just for that item

 

you have to liquidate your junk to get that much money into the trade

 

and the extra money is for the junk not the rare

 

junk trading moves more coins in a trade

 

but the price for the rare is still the same

[bedman]

Still, this topic was made for telling us to sell our claws and third age, so they would go up more and according to you this would solve the problem while:

 

 

 

a) It wouldnt solve the problem. Prices are rising too slowly, even if people are willing to sell. 5% a day doesnt cut it. Read Soma's answers on how to solve this

 

 

 

B) You admit you wouldnt sell it yourself.

[magzar]

Still, this topic was made for telling us to sell our claws and third age, so they would go up more and according to you this would solve the problem while:

 

 

 

a) It wouldnt solve the problem. Prices are rising too slowly, even if people are willing to sell. 5% a day doesnt cut it. Read Soma's answers on how to solve this

 

 

 

B) You admit you wouldnt sell it yourself.

 

 

 

 

 

bedman...that's not at all what i said

 

not even in the slightest

 

i said if you're going to sell, do it on the g.e.

 

don't junk trade

 

i never said, hey everyone go see your stuff so i can profit off it while you all lose money

 

and like i already said, i would sell when i see that i have the greatest profit potential

 

i suggest following price trends and selling when the profit margin is high enough to satisfy you

 

i don't want to take money out of anyone else pockets

 

which is why i'm against junk trading in the first place

 

because when people don't use the g.e. the underpriced items don't rise

 

and no one can make a decent profit off their rares

[Madmanpur3]

Bedman, you're talking to a brick wall. Magzar, you're the brick wall.

 

 

 

Can we just let this thread die already?

[Soma2035]

Bedman, you're talking to a brick wall. Magzar, you're the brick wall.

 

 

 

Can we just let this thread die already?

 

 

 

Brick walls don't say silly things though.

[magzar]

Bedman, you're talking to a brick wall. Magzar, you're the brick wall.

 

 

 

Can we just let this thread die already?

 

 

 

Brick walls don't say stupid things though.

 

 

 

well excuse me for basing a logical argument around mathematical statistics

 

since i'm simply a brick wall who says stupid things why don't you come stand next to me while i topple over onto you

 

 

 

or you can do this :wall: and try to beat good math sense into your heads

[Madmanpur3]

The reason I said you were a brick wall is because you've ignored any post that clearly explains why your stance is ridiculous.

 

 

 

By the way, my math skills are very capable...In fact I'll either have a minor or double major in Mathematics by the time I graduate.

[Soma2035]

Bedman, you're talking to a brick wall. Magzar, you're the brick wall.

 

 

 

Can we just let this thread die already?

 

 

 

Brick walls don't say stupid things though.

 

 

 

well excuse me for basing a logical argument around mathematical statistics

 

since i'm simply a brick wall who says stupid things why don't you come stand next to me while i topple over onto you

 

 

 

or you can do this :wall: and try to beat good math sense into your heads

 

 

 

Good math sense? My math sense is fine, I assure you.

 

 

 

You have already stated that you would refuse to sell a 500M item at the GE price if the GE price is 100M. If you will not take a 400M loss to sell your good, why should ANYONE take this loss? Junk trading is not the only way of moving goods around. Bounty Hunter trades and other "accidents" by Jagex allow you to move money fairly safely to people in a trust trade. Admittedly, trust trades are not pleasant, but it's better than a 400M outright lost.

 

 

 

Also, why should they sell them in the GE instead of to their friend? Let's see, I can lose 395M... or I can lose 400M and sell the item to my friend, who may be willing to repay me if he or she has a chance Corrupted Morrigan's Javelins say hi.

 

 

 

You are being silly. I suppose that's a better word than "stupid", but you still fail to see there is no incentive to use the GE for items that are horribly underpriced.

[magzar]

Bedman, you're talking to a brick wall. Magzar, you're the brick wall.

 

 

 

Can we just let this thread die already?

 

 

 

Brick walls don't say stupid things though.

 

 

 

well excuse me for basing a logical argument around mathematical statistics

 

since i'm simply a brick wall who says stupid things why don't you come stand next to me while i topple over onto you

 

 

 

or you can do this :wall: and try to beat good math sense into your heads

 

 

 

Good math sense? My math sense is fine, I assure you.

 

 

 

You have already stated that you would refuse to sell a 500M item at the GE price if the GE price is 100M. If you will not take a 400M loss to sell your good, why should ANYONE take this loss? Junk trading is not the only way of moving goods around. Bounty Hunter trades and other "accidents" by Jagex allow you to move money fairly safely to people in a trust trade. Admittedly, trust trades are not pleasant, but it's better than a 400M outright lost.

 

 

 

Also, why should they sell them in the GE instead of to their friend? Let's see, I can lose 395M... or I can lose 400M and sell the item to my friend, who may be willing to repay me if he or she has a chance Corrupted Morrigan's Javelins say hi.

 

 

 

You are being silly. I suppose that's a better word than "stupid", but you still fail to see there is no incentive to use the GE for items that are horribly underpriced.

 

 

 

 

 

i never said i wouldn't sell a 100m item with a 500m street value on the g.e.

 

if it was stagnant i would sell it

 

if it was rising i would wait for it to peak, and then sell it

 

and how many times do you have to be told that there isn't a loss

 

you're simply not liquidating junk by using the g.e.

 

you're selling it for the same price as you would in a junk trade minus the junk

 

it's not a loss at all, in fact a 100m item would be 5m gain

 

the incentive is in that 5m

 

you obviously do not have good math sense if you can't realize that liquidation and profit are two entirely different things

[bedman]

:wall: :wall: :wall: :wall:

[magzar]

:wall: :wall: :wall: :wall:

 

 

 

bedman

 

go to school and talk to thee economics teacher, ask them to explain the difference between liquidation and profit to you

[bedman]

:wall: :wall: :wall: :wall:

 

 

 

bedman

 

go to school and talk to thee economics teacher, ask them to explain the difference between liquidation and profit to you

 

Why dont you:

 

 

 

a) Go to school (in general).

 

B) Develop a brain.

 

c) Learn to use punctuations.

 

d) Learn not to use enter on every sentence.

 

 

 

You've been proven wrong so many times. Everyone has tried explaining it to you. I'm not even bothering anymore to explain again what Soma and others have done much better than me. I'm only going to ask you to read it again. And again. And again. Till you finally understand it.

[Dharockslayer]

Bedman, you're talking to a brick wall. Magzar, you're the brick wall.

 

 

 

Can we just let this thread die already?

 

 

 

Brick walls don't say stupid things though.

 

 

 

well excuse me for basing a logical argument around mathematical statistics

 

since i'm simply a brick wall who says stupid things why don't you come stand next to me while i topple over onto you

 

 

 

or you can do this :wall: and try to beat good math sense into your heads

 

 

 

Good math sense? My math sense is fine, I assure you.

 

 

 

You have already stated that you would refuse to sell a 500M item at the GE price if the GE price is 100M. If you will not take a 400M loss to sell your good, why should ANYONE take this loss? Junk trading is not the only way of moving goods around. Bounty Hunter trades and other "accidents" by Jagex allow you to move money fairly safely to people in a trust trade. Admittedly, trust trades are not pleasant, but it's better than a 400M outright lost.

 

 

 

Also, why should they sell them in the GE instead of to their friend? Let's see, I can lose 395M... or I can lose 400M and sell the item to my friend, who may be willing to repay me if he or she has a chance Corrupted Morrigan's Javelins say hi.

 

 

 

You are being silly. I suppose that's a better word than "stupid", but you still fail to see there is no incentive to use the GE for items that are horribly underpriced.

 

 

 

 

 

i never said i wouldn't sell a 100m item with a 500m street value on the g.e.

 

if it was stagnant i would sell it

 

if it was rising i would wait for it to peak, and then sell it

 

and how many times do you have to be told that there isn't a loss

 

you're simply not liquidating junk by using the g.e.

 

you're selling it for the same price as you would in a junk trade minus the junk

 

it's not a loss at all, in fact a 100m item would be 5m gain

 

the incentive is in that 5m

 

you obviously do not have good math sense if you can't realize that liquidation and profit are two entirely different things

 

 

 

Umm... I just wanted to put my imput in here, and I have seen all the comments about you so I probably won't reply back if you do intend to reply to this post

 

 

 

That being said, Why would anyone with a sane mindset sell an 500m item for 100m if you can trade it safely, unnoticably and pretty much unreportable for the 500 m that it is actually worth.

 

 

 

Junktrading is a product of a failed system, nothing more, nothing less.

 

 

 

I do not obey a microwave if it doesn't toast my bread properly.

 

I do not prefer a broken and rusted bicycle that has been bought from a store over a nice clean bike that has been bought from a friend.

 

I do not try to make the masses obey me, for I am just one man, and one man can't do much without the support of many.

 

The masses prefer to have profit over having a halo above their heads, you will not pursuade the masses if you make their profit less.

 

Hence, you won't get support to obey the slow and hole ridden GE over a nice and easy profit on the big time merchanters.

 

 

 

That would be all, thank you for reading this post and please, don't reply with intend to bring me down, reply with intend to come up with idea's beyond trying to make the mass obey, reply with intend to reason, reply with the intend to make friends, or don't reply at all.

 

 

 

( yes I have just seen an Obama speech, why do you ask? )

[magzar]

:wall: :wall: :wall: :wall:

 

 

 

bedman

 

go to school and talk to thee economics teacher, ask them to explain the difference between liquidation and profit to you

 

Why dont you:

 

 

 

a) Go to school (in general).

 

B) Develop a brain.

 

c) Learn to use punctuations.

 

d) Learn not to use enter on every sentence.

 

 

 

You've been proven wrong so many times. Everyone has tried explaining it to you. I'm not even bothering anymore to explain again what Soma and others have done much better than me. I'm only going to ask you to read it again. And again. And again. Till you finally understand it.

 

 

 

I graduated an honor student actually. I am perfectly capable of using both proper sentence structure, and punctuation. I often choose not to on forums for the sake of saving time. I'm sorry if this presents itself as a problem to you, however I really can't be bothered to care.

 

 

 

I was in advanced classes throughout my education, and passed economics with a 97. I actually scored a 99 on the final exam. A difference of opinion does not prove me wrong, and I advise you to do thorough research into the subject of economics. If you honestly do not understand the difference between liquidation of frozen assets and profit, then you have no place in this discussion.

 

 

 

I have repeatedly backed up my argument with facts, statistics, and numerous examples. People for junk trading have openly admitted that the extra value in the trades is due to liquidating assets, and not an actual profit. They have also admitted that when junk trading, you are still selling items for their G.E. values. Even after this you still continue to assault my ability to perform simple math by asserting that an item's value is determined by a player set "street value." While I agree that this is the item's value to players, and the the G.E. does not accurately represent the items practical value, this is not the value used when determining profit, prices or anything else based in economics. Due to the fact that economics is a form of mathematics, one must always use the items established market price in calculating such things.

 

 

 

While in practical value coins are much more useful than junk, the practice of junk trading is used to liquidate frozen assets and not, under any circumstances, to make monetary profit. This monetary profit is defined by an overall increase in net worth. This net worth includes the market value of any junk you may possess.

 

 

 

http://en.wikipedia.org/wiki/Profit

 

I recommend you use that and read about both economic and accounting profits. I realize that there are some terms in there that will sound like greek to many high school aged players, but the information therein backs up my argument.

 

 

 

@Dharokslayer: The extra 400m is the liquidation of junk. That money is used to buy your junk, and not to be factored in to the price of your rare. In the real world this practice is known as "bundling." In the end your bank value is still 500m, as opposed to the possible 505m possible if you had sold your item on the G.E.

[bedman]

Wow, what a difference (punctions, not a new line every sentence). Looks SO much better, really. I know it should be all about what a message contains, but sometimes the looks can make a lot of difference. Thanks for making the effort (allthough, anybody should make the effort, for everyone's good).

 

 

 

Anyway, I'll explain it AGAIN (well, not really, others have explained it).

 

 

 

You CANT compare to this real life economics. I have yet to hear of a government saying "scrap metal is worth more than the brand new materials, we have got this computerchips put into your body that paralyse you when you try to pay less for that scrap metal."

 

 

 

Things like the law of supply and demand still apply of course, and there are different parameters (like valuing of xp, which isnt the fact in real life).

 

 

 

This whole price control is something unique. The whole net worth you are talking about is biased. I do agree the net worth doesnt change when junk trading, technically. And I do realise that it does change if you sell that 3a for max. But if the value of your items is wrongly valued, what does a net worth say? NOTHING.

 

 

 

So to conclude: Technically speaking, you are right that people who sell their 3a with junk aren't profiting. However, since junk SHOULD be worthless, but it isnt priced like that, you can "liquidate your frozen assets" (like you called it) which you would otherwise *never* be able to liquidate (dont come up with general store trading, it's time consuming, and you dont even get the full GE price).

 

 

 

[hide=]And congratulations on your results at school/Uni, but I still beat you :-) (100% on maths, 2 times in Highschool, 1 time at Uni). I would normally never boast about it, but since you started :D[/hide]

[magzar]

Wow, what a difference (punctions, not a new line every sentence). Looks SO much better, really. I know it should be all about what a message contains, but sometimes the looks can make a lot of difference. Thanks for making the effort (allthough, anybody should make the effort, for everyone's good).

 

 

 

Anyway, I'll explain it AGAIN (well, not really, others have explained it).

 

 

 

You CANT compare to this real life economics. I have yet to hear of a government saying "scrap metal is worth more than the brand new materials, we have got this computerchips put into your body that paralyse you when you try to pay less for that scrap metal."

 

 

 

Things like the law of supply and demand still apply of course, and there are different parameters (like valuing of xp, which isnt the fact in real life).

 

 

 

This whole price control is something unique. The whole net worth you are talking about is biased. I do agree the net worth doesnt change when junk trading, technically. And I do realise that it does change if you sell that 3a for max. But if the value of your items is wrongly valued, what does a net worth say? NOTHING.

 

 

 

So to conclude: Technically speaking, you are right that people who sell their 3a with junk aren't profiting. However, since junk SHOULD be worthless, but it isnt priced like that, you can "liquidate your frozen assets" (like you called it) which you would otherwise *never* be able to liquidate (dont come up with general store trading, it's time consuming, and you dont even get the full GE price).

 

 

 

[hide=]And congratulations on your results at school/Uni, but I still beat you :-) (100% on maths, 2 times in Highschool, 1 time at Uni). I would normally never boast about it, but since you started :D[/hide]

 

 

 

 

 

Yeh, but did you do it while sleeping through 90% of your classes from 6th-11th grades?

 

 

 

Anyway, You can apply real world economics(that means the math of economics, not to say that the systems are the same) due to the fact that the basic mathematical laws of economics do apply. Though the system is not precisely the same, all the same formulas still apply. These are unchangeable regardless of circumstance.

 

 

 

I completely agree with you that currently the only way to liquidate junk for its full value is through junk trading. My point throughout this that I have been trying to make, is that although replacing your junk with its equivalent value in coins allows you to have more available liquid assets, it does not allow for a positive gain. Selling on the G.E. however, does.

 

 

 

For instance, if you had already recently sold a rare, relieving yourself entirely of your junk, and then you had the great fortune to acquire another rare, perhaps of greater value even that was remaining at a steady price, would you take the time to gather all the needed junk again or would you sell it on the G.E. and make a profit.

 

 

 

For players with no junk to liquidate, the best option will always be the G.E. due to its potential for profit. You take absolutely no loss from selling an item on the g.e. regardless of its price, unless you sell it below median prices. The only thing to be gained through junk trading is the exchange of frozen assets for liquid assets. This pretty much sums up my entire argument and I think you have to agree that this is true.