Jagex begins fixing long-wrong prices

[Squisher_33]

today i opened up rs and decided to go to ge since it had updated only a few minutes before, and see new changes they had made. to my surpise i see multiple things that amazed me.

 

 

 

1.) this caught my eye immidiately on rises, as some know no divine or elysian shields have even been sold on ge in over a month meaning frozen prices. without selling price cant change unless jagex personaly inerferes. it has rose 10% today putting it over 140m for max and rising around 13m.

 

 

 

2.) im thinking ok its a fluke nothing more will come top of ge rises at 21% is dragon claws, rising to well out of the range of prices the day before and going up 4.5m.

 

 

 

3.) well 2 good fixes isnt bad, gj jagex oh whats this, looking over to drops i see yet another thing. just about all(might have been all) pvp gear dropped 10% in unision....im not sure on coincidence on that one.

 

 

 

4.) corrupt pvp items all dropped 5% together which follows onto the 10% pvp gear drop.

 

 

 

5.) post any other finds you have found that i missed in a few glances and discuss what this could mean for future prices, might even stop junk trading because there will be no need and maybe no junk.

[llamster]

The 26% increase suggests that the GE's ability to adjust has been improved, which is good. Considering that d claws had been going up by around 4-5% a day before this, they probably would have been going up by as much as 50% a day when they were released.

 

 

 

This sort of update was long overdue. At the same time, it's not enough (3a is still stuck, I think).

[Master_Smither]

Ya 3rd age is still stuck but they adjusted the # of 3rd age pieces needed to selll to have a rise so it's astep in the right direction.

 

 

 

I don't think they messed with the shield since it rose the basic rise. I think just the minimum amount sold for a rise. Now D claws I would have imagined they adjusted them.

[Squisher_33]

Ya 3rd age is still stuck but they adjusted the # of 3rd age pieces needed to selll to have a rise so it's astep in the right direction.

 

 

 

I don't think they messed with the shield since it rose the basic rise. I think just the minimum amount sold for a rise. Now D claws I would have imagined they adjusted them.

 

they did infact mess with shields because it rose 10% even tho it has a 5% range, and no shields sold yet price went up and as you know items need to sell for price to go up, no shields have been sold in ge for over a month, divine and elysian that is

[magzar]

this topic has no discussion value. There is no concrete evidence that jagex has touched prices. Until someone from jagex releases a statement, this serves no purpose but wild speculation.

[Nero]

this topic has no discussion value. There is no concrete evidence that jagex has touched prices. Until someone from jagex releases a statement, this serves no purpose but wild speculation.

 

 

 

Y'know you're really annoying right?

[magzar]

this topic has no discussion value. There is no concrete evidence that jagex has touched prices. Until someone from jagex releases a statement, this serves no purpose but wild speculation.

 

 

 

Y'know you're really annoying right?

 

 

 

I know, but it's still true.

[Tesset]

this topic has no discussion value. There is no concrete evidence that jagex has touched prices. Until someone from jagex releases a statement, this serves no purpose but wild speculation.

 

 

 

Y'know you're really annoying right?

 

 

 

I know, but it's still true.

 

No. Objects can only move 5% every day on the grand exchange naturally.

 

Plus, Jagex has already said they will manipulate some prices. Right after the ge came out, they said they realized that some prices might need fixed. They even created an official sticky for it(gone now I think though)

[xSxqPowerx]

You are just being annoying.

 

The items raised by more than normal, whether or not Jagex did it there is discussion. There is discussion on whether or not Jagex did it...

 

 

 

I think they are adjusting the prices a bit, especially since those price raises weren't even part of a normal price change (They haven't showed up on the graphs for the items yet).

[Great_one]

this topic has no discussion value. There is no concrete evidence that jagex has touched prices. Until someone from jagex releases a statement, this serves no purpose but wild speculation.

 

 

 

Y'know you're really annoying right?

 

 

 

I know, but it's still true.

 

well no, it is false. Jagex stated that items could only rise 5% a day, and a rise of 26% in one day is (if my math proves correct) in fact over 5%. so something must have happended at Jagex hq or else the Ge is just randomly bugging suddenly after being out for over a year...

 

 

 

ps. i suggest you dont spam, you are basiclly saying you have no opinion on the matter by not stateing one in eather of your spam posts.

[Dragons_Might]

this topic has no discussion value. There is no concrete evidence that jagex has touched prices. Until someone from jagex releases a statement, this serves no purpose but wild speculation.

 

 

 

Y'know you're really annoying right?

 

 

 

I know, but it's still true.

 

 

 

every time you post you prove to me that you're even stupider than i thought the previous day... #-o

 

 

 

Theres easy proof that the prices are being messed with.

[obfuscator]

Certainly a step in the right direction, still a lot of work left to do though.

[Soma2035]

Alright I'm rewording my entire post thanks to the numbers getting a bit confused.

 

 

 

Arcane Sigil +749K

 

Spectral Sigil +749K

 

Divine Sigil +749K

 

Elysian Sigil +13.6M

 

 

 

Interesting to see all 4 numbers go up. Now, let's look at this,

 

 

 

Blessed Spirit Shield -749k

 

Holy Elixir -749k

 

 

 

Arcane Spirit Shield (No Change)

 

Spectral Spirit Shield (No Change)

 

Divine Spirit Shield (No Change)

 

Elysian Spirit Shield +12.9M

 

 

 

Very, very interesting, don't you think? The sigils have increased, but, save the Elysian shield, none of the shields have. In the case of the shield that did increase, it increased by the amount the sigil increased MINUS 749k. On that note, notice that ALL the shields increased by that number... their sigil minus 749k.

 

 

 

Which just happens to be the amount both the blessed spirit shield and holy elixir fell by.

 

 

 

So here's what's really going on.

 

 

 

Spirit Shield: Its own price

 

Elixir: Its own price

 

Blessed Spirit Shield: Spirit Shield + Elixir

 

 

 

That part should be fairly obvious to anyone watching the price. But here is where it gets tricky.

 

 

 

Complete Spirit Shield = Blessed Spirit Shield + Sigil

 

 

 

So, a decrease in the price of a holy elixir (749k), causes an equal decrease in the Blessed Spirit Shield prices (749k). However, it didn't actually cause the Complete Spirit Shield to drop in price. Instead, it caused the SIGIL to drop in price. That means:

 

 

 

Sigil: Complete Spirit Shield - Blessed Spirit Shield

 

 

 

So, by decreasing the blessed spirit shield and keeping the complete Spirit Shield constant, you are increasing the Sigil by an equal amount. This is reflected perfectly well in the data above.

 

 

 

Now, to explain the anomaly of the Elysian Sigil, let's first look at another item, the DIVINE Sigil. According to the price charts, the price of the Divine Spirit Shield went up by roughly 5%. The Divine Sigil likewise went up, but by more than the Divine Spirit Shield.

 

 

 

This implies that one of the two were sold to create this 5% change. Using the formula we created above, a 5% increase in the Complete Spirit Shield would result in a similar increase in the Sigil. A 5% increase in the sigil would, likewise, result in a 5% increase in either the Complete Spirit Shield or the Blessed Spirit Shield. Seeing as the blessed spirit shield has not increased, we can rule out the latter.

 

 

 

Therefore, it is fairly safe to say that at least one Divine item has been sold recently, leading to this change.

 

 

 

That brings us to the change in the Elysian Sigil / Spirit Shield. Why does it increase by 11%? Well, I think I have an answer:

 

 

 

Both an Elysian Sigil and an Elysian Spirit Shield were sold today. An increase in one leads to an increase in the other by roughly the same percentage, because of the insignificantly low value of the Blessed Spirit Shield. An increase of 5% of each would, after being multipled, result in a 10.25% increase in BOTH. This, coupled with a 749k+ increase from the Blessed Spirit Shield dropping, will yield approximately the current price. The numbers given by the GE page are too inaccurate to give an exact answer.

 

 

 

So the conclusion from all of this is, Jagex is not guiding Spirit Shields. Something is causing them to be sold on the GE now.

 

 

 

Now the question is, why are these being sold on the GE? Through the past several months, I've been tracking the GE prices on both Elysian and Spirit shields. While reports that "the price never changes" are exaggerated, they are also essentially true. In all this time, the Divine Sigil experienced a single major jump (roughly 5%), as did the Divine Spirit Shield. The Elysian Sigil and Spirit Shield did not experience a single jump.

 

 

 

Also, for this period of time, at first, the prices for the sigils continued to DROP by a small amount. After a while, it turned around and began to increase by a small amount. This, I believe, was Jagex's first change:

 

 

 

A decrease in Holy Elixir caused a decrease in the Divine Spirit Shield. Although I do not know the exact ratios used, this somehow caused a drop in the Sigils as well. My guess is whatever drop was caused in the elixir was doubly tied to the Spirit Shield so it could be attributed to the Sigil as well. Jagex realized how faulty this system was, and adjusted it accordingly.

 

 

 

Now, moving on from that, we still have the issue of an increase in activity. How is it that through these several months, only one Divine Sigil/Spirit Shield was sold (or multiple ones were sold on the same day), and yet, within the past week, at least one divine item, and two Elysian items were sold? Just luck?

 

 

 

I don't think so. Recently, as many people already know, Jagex updated the Corporeal Beast again, making it very difficult to take down with a small, organized group. Before this update, Madmanpur3, myself, and Muddybob were able to successfully kill two corporeal beasts IN A ROW without taking damage. This was the peak of our ability, and our trips almost always managed to yield at least three drops. This method wasn't ours alone though, a similar incarnation was known on RSOF as the "two-hit method" (which, incidentally, is poorly named). While our technique was slightly improved, and our coordination was definitely better (we watched many other teams using this method), other teams WERE able to use these methods and obtain drops. "Two-Hit-Method Pro Teams" as they were known were very common.

 

 

 

As you are well aware, the Corporeal Beast is the only source of Sigils that we know of. Now, there were two groups of people that killed the Corporeal Beast at this time: the "pro" teams, or the masses. The aftermath of the update was the removal of the first of these two groups. Some of these people moved on to join masses, many of them stopped killing the beast all together.

 

 

 

So the question is... are the masses really that much more efficient at killing the beast? Masses can certainly be responsible for the coinshare, seeing as plenty of people would be willing to risk the 400M street value that they may not be able to obtain for a much more likely but still very unlikely 5M split if the item is dropped. There certainly are coinshare masses going. However, have they really increased in number? My guess is no, the amount of beasts being killed on a daily basis is likely lower than it was before.

 

 

 

Before the CB update, I also searched RSOF almost on a daily basis, combing it quickly for offers to sell DSS / ESS and their counterpart sigils. I found a grand total of two offers to sell Divine items this entire time.

 

 

 

Today, I type it in. Lo and behold, there are three people right off the bat selling Divine Sigils / Shields. One of them also has an ESS for sale, while other people seem to be selling Elysian stuff as well. Again, this could be a result of an increase in masses, but I don't think that's the case.

 

 

 

The final piece of interesting information that I have is a particular post on another website. Some person was at a small FFA and obtained a Spectral Sigil as a drop. He claimed it was the SIXTH Sigil he had seen in the past week, three at free for alls, three at Lootshare masses. In addition, Sigil drops are appearing more and more frequently on various websites. Compare this to the countless masses on RSOF that claimed to go weeks dry, and the many masses I've visited in the past and saw nothing. The most successful mass I've been in (chat) claimed to have gotten two sigils in the past three weeks.

 

 

 

This really lends to two possible conclusions:

 

1) By forcing players to join masses, the amount of sigils entering the game is increasing,

 

2) Jagex INCREASED the sigil drop rate. This could be to compensate for the increase in difficulty, or a correction on realizing their rates were too low, or possibly even a long overdue bugfix in drop rates.

 

3) I am deluded, and these are all coincidences. I'll admit this is a possibility, it just might be that CBers have been getting lucky recently. However, I don't think this is a case or I obviously wouldn't have bothered typing this entire post to explain it.

 

 

 

Anyhow, TLDR Version: Dragon Claws, maybe. Spirit Shields, no. Jagex hasn't touched them.

[Obtaurian]

@Soma:

 

 

 

I thoroughly enjoyed reading that, and I find it to be very interesting. I think it's pretty unlikely that CB'ers are suddenly getting very lucky. I'm curious to see what will happen.

 

 

 

When I woke up this morning and checked GE prices, I noticed and was stunned to see that PVP gear had dropped. Then I noticed the ESS had gone up.

 

 

 

Some serious [cabbage] is going down.

[Squisher_33]

its very impressive to be able to even say that they didnt interfere, how do items go up even tho not a single one has been sold on ge in over a month, that just takes talent to think your right on that statement

[@Dan3HitU]

The GE will never have correct prices for any item to be honest.

[Mercifull]

The GE will never have correct prices for any item to be honest.

 

3_Hit_U will never think before posting stupid comments about any item to be honest

 

 

 

Plant pot - An empty plant pot may be purchased from a farming shop for 1 coin each

 

Grand Exchange Database - Current price - empty

 

 

 

I'll save you the effort of clicking... its 1gp.

[xpx]

Jagex begins fixing long-wrong prices

 

 

 

BEGINS? jagex thoroughly began changing the math of ge for rare items on the 13th...of August...2008. The date 3a finally started updating once a week as opposed to once every 3-4 months and masks finally began moving up daily. And to be honest, i'd have to agree with mazgar- yes, jagex does change the prices of items manually, but talking about it with reference to this update is a bit like talking in awe about a car launched 3 years ago.

 

 

 

Soma- don't get ahead of yourself with all that discussion- ever since the shields have been dropped jagex has always changed their price manually- that kept arcane and spectral shields very close to their original price through the time they were considered junk and is the reason why DSS, ESS and elixir update so rarely, but withing a certain interval.

 

The first part of your discussion, though, is pointless. Jagex has always kept the prices of sigil-attacked shields stable and to compensate for any SS/elixir updates just changed the price of a sigil(that's why sigil prices change by ~100 gp every update). By doing it, they have kept ''hugging'' for shields extremely hard and avoided unnecessary dismay among shield owners, whose shields would go down despite being bh-traded for more than 200m+trade.

[Poppet]

Lucien has taking over the G.E. were doomed. :ohnoes:

[magzar]

this topic has no discussion value. There is no concrete evidence that jagex has touched prices. Until someone from jagex releases a statement, this serves no purpose but wild speculation.

 

 

 

Y'know you're really annoying right?

 

 

 

I know, but it's still true.

 

well no, it is false. Jagex stated that items could only rise 5% a day, and a rise of 26% in one day is (if my math proves correct) in fact over 5%. so something must have happended at Jagex hq or else the Ge is just randomly bugging suddenly after being out for over a year...

 

 

 

ps. i suggest you dont spam, you are basiclly saying you have no opinion on the matter by not stateing one in eather of your spam posts.

 

 

 

I expressed an opinion. Considering the fact that Jagex is now posting all their updates, it seems to me if they did adjust the GE, they would say so. Due to the fact that they haven't, I really don't think that Jagex is doing it. There is also no reason whatsoever that an item's price change should be limited to 5% per day. If that were the case it would gravely limit its functionality as far as supply and demand are concerned. The shifts are well within the working parameters of the GE, in my opinion.

 

 

 

The thread was posted as a statement of fact that Jagex is altering prices, however there is no statement from a J-mod to back this up. All we have is prices fluctuating. Therefore, I said that this topic has no discussion value. If it was a discussion about price fluctuations and what may have caused them, then I wouldn't say that. However, since the OP basically made this out to be all Jagex's doing, I don't see what's worth talking about. By the way, The fact that you can only trade within 5% of an item's cost does not mean that's all it can change per day.

[BiJay]

this topic has no discussion value. There is no concrete evidence that jagex has touched prices. Until someone from jagex releases a statement, this serves no purpose but wild speculation.

 

 

 

Y'know you're really annoying right?

 

 

 

I know, but it's still true.

 

well no, it is false. Jagex stated that items could only rise 5% a day, and a rise of 26% in one day is (if my math proves correct) in fact over 5%. so something must have happended at Jagex hq or else the Ge is just randomly bugging suddenly after being out for over a year...

 

 

 

ps. i suggest you dont spam, you are basiclly saying you have no opinion on the matter by not stateing one in eather of your spam posts.

 

 

 

I expressed an opinion. Considering the fact that Jagex is now posting all their updates, it seems to me if they did adjust the GE, they would say so. Due to the fact that they haven't, I really don't think that Jagex is doing it. There is also no reason whatsoever that an item's price change should be limited to 5% per day. If that were the case it would gravely limit its functionality as far as supply and demand are concerned. The shifts are well within the working parameters of the GE, in my opinion.

 

 

 

The thread was posted as a statement of fact that Jagex is altering prices, however there is no statement from a J-mod to back this up. All we have is prices fluctuating. Therefore, I said that this topic has no discussion value. If it was a discussion about price fluctuations and what may have caused them, then I wouldn't say that. However, since the OP basically made this out to be all Jagex's doing, I don't see what's worth talking about. By the way, The fact that you can only trade within 5% of an item's cost does not mean that's all it can change per day.

 

Jagex rarely loses any words on how the GE works or when they change something of it. It makes sense so nobody abuses such knowledge. Same goes for drop changes of many monsters. There were, are and always will be hidden updates.

[totalpwnage]

They had a hidden update today with fixing the Seers Achievement Diary reward boost to something... not sure what cause I didn't do this diary, but look at the Magic Interface Update today. Couple people talked about it for a sec, cause it wasn't listed, but others said it had been fixed now.

 

 

 

So there are still Hidden Updates.

[Mercifull]

Except it wasnt technically a hidden update, more of a bug fix which was posted about by a mod last week.

[acenator]

@ Soma: That was a great read with some very insightful observations. However, there haven't been any DSS's or ESS's sold as can be seen by their absence from this page. Now, that doesn't necessarily mean that any of your other information/points are wrong, but I did want to point out that any price changes requiring the sale of a DSS/ESS could not have happened simply beause of the lack of a sale of any DSS/ESS or either sigil.

[magzar]

this topic has no discussion value. There is no concrete evidence that jagex has touched prices. Until someone from jagex releases a statement, this serves no purpose but wild speculation.

 

 

 

Y'know you're really annoying right?

 

 

 

I know, but it's still true.

 

well no, it is false. Jagex stated that items could only rise 5% a day, and a rise of 26% in one day is (if my math proves correct) in fact over 5%. so something must have happended at Jagex hq or else the Ge is just randomly bugging suddenly after being out for over a year...

 

 

 

ps. i suggest you dont spam, you are basiclly saying you have no opinion on the matter by not stateing one in eather of your spam posts.

 

 

 

I expressed an opinion. Considering the fact that Jagex is now posting all their updates, it seems to me if they did adjust the GE, they would say so. Due to the fact that they haven't, I really don't think that Jagex is doing it. There is also no reason whatsoever that an item's price change should be limited to 5% per day. If that were the case it would gravely limit its functionality as far as supply and demand are concerned. The shifts are well within the working parameters of the GE, in my opinion.

 

 

 

The thread was posted as a statement of fact that Jagex is altering prices, however there is no statement from a J-mod to back this up. All we have is prices fluctuating. Therefore, I said that this topic has no discussion value. If it was a discussion about price fluctuations and what may have caused them, then I wouldn't say that. However, since the OP basically made this out to be all Jagex's doing, I don't see what's worth talking about. By the way, The fact that you can only trade within 5% of an item's cost does not mean that's all it can change per day.

 

Jagex rarely loses any words on how the GE works or when they change something of it. It makes sense so nobody abuses such knowledge. Same goes for drop changes of many monsters. There were, are and always will be hidden updates.

 

 

 

Usually with such things, the make a vague statement. I would expect something along the lines of, "We have begun adjusting the GE prices of some of the more 'hot ticket items' to better reflect their value to players. We hope this will stimulate their trade through more conventional means. Expect to see more minor price changes in the future."