07-Sep-10 Elite Diaries!

[Aslan]

I have 80 in most stats and I couldn't care less about the diaries.If I ever finish them all, fine, if not the hell with them.The rewards aren't mindblowing.

I'd rather get 99 summon again instead of 91 rc/fish.

[helring]

Diaries finally gave me a push to get 95 prayer, kinda broke from it now though. The lamps from other diaries put me over the exp mark for 91 rc. Fishing seemed easy to me in hindsight, but might have been more annoying than I remember, my memory seems to gloss over annoying things. As for new diaries, I'd say biggest chances are troll/gwd,wilderness,desert,gnome, or morytania.

[xpx]

Also you can look at merchanting as a pyramid scheme- you gradually make yourself toward the top, losing money as you start out and gaining money once you are near the top, and there will always be players starting out from the bottom.

 

Bingo! You just made Pulli's point :-) Pyramid schemes are run by scammers and are illegal.

So is stealing and murdering, y'know? <_<

[Michael]

Diaries finally gave me a push to get 95 prayer, kinda broke from it now though. The lamps from other diaries put me over the exp mark for 91 rc. Fishing seemed easy to me in hindsight, but might have been more annoying than I remember, my memory seems to gloss over annoying things. As for new diaries, I'd say biggest chances are troll/gwd,wilderness,desert,gnome, or morytania.

 

Desert or Moryrania is the most likely, Troll area isn't really big enough for a full set of diary tasks and neither is gnome really.

[lcchs]

Also you can look at merchanting as a pyramid scheme- you gradually make yourself toward the top, losing money as you start out and gaining money once you are near the top, and there will always be players starting out from the bottom.

 

Bingo! You just made Pulli's point :-) Pyramid schemes are run by scammers and are illegal.

So is stealing and murdering, y'know? <_<

 

Thieveing is a skill that brings a minimal amount of gp into the game. Those who pk or go on pk world know what the risks are. Merchenting just messes up the economy for the benefit of the few over the masses.

[xpx]

Also you can look at merchanting as a pyramid scheme- you gradually make yourself toward the top, losing money as you start out and gaining money once you are near the top, and there will always be players starting out from the bottom.

 

Bingo! You just made Pulli's point :-) Pyramid schemes are run by scammers and are illegal.

So is stealing and murdering, y'know? <_<

 

Thieveing is a skill that brings a minimal amount of gp into the game. Those who pk or go on pk world know what the risks are. Merchenting just messes up the economy for the benefit of the few over the masses.

Erm, because thieving brings money into the game and player killers(or even monster killers, actually) know the risks, it isn't ''illegal'' in runescape, but merchanting is still illegal because it it overall doesn't benefit, or more to the point, hurt, anyone?

 

Yes, pyramid schemes are illegal in real life, but so is murdering and stealing, which are completely normal in runescape, so why shouldn't pyramid schemes be normal in runescape?

[Slayer_Jesse]

Also you can look at merchanting as a pyramid scheme- you gradually make yourself toward the top, losing money as you start out and gaining money once you are near the top, and there will always be players starting out from the bottom.

 

Bingo! You just made Pulli's point :-) Pyramid schemes are run by scammers and are illegal.

So is stealing and murdering, y'know? <_<

 

Thieveing is a skill that brings a minimal amount of gp into the game. Those who pk or go on pk world know what the risks are. Merchenting just messes up the economy for the benefit of the few over the masses.

Erm, because thieving brings money into the game and player killers(or even monster killers, actually) know the risks, it isn't ''illegal'' in runescape, but merchanting is still illegal because it it overall doesn't benefit, or more to the point, hurt, anyone?

 

Yes, pyramid schemes are illegal in real life, but so is murdering and stealing, which are completely normal in runescape, so why shouldn't pyramid schemes be normal in runescape?

because its game breaking, and makes the game less fun for others. (pvp is somewhat game breaking too, but that's another discussion.)

[xpx]

Really, but if you think if it that way, every newb you see alching is also ruining the game for the others, as any additional gp devalues the previous gp. Face it, merchanting is a completely normal part of the game and in fact real life- after all, most of the people living in developed countries make their living out of thin air, as in, they don't actually produce anything. Why can't this also be normal in an internet game?

[lcchs]

Also you can look at merchanting as a pyramid scheme- you gradually make yourself toward the top, losing money as you start out and gaining money once you are near the top, and there will always be players starting out from the bottom.

 

Bingo! You just made Pulli's point :-) Pyramid schemes are run by scammers and are illegal.

So is stealing and murdering, y'know? <_<

 

Thieveing is a skill that brings a minimal amount of gp into the game. Those who pk or go on pk world know what the risks are. Merchenting just messes up the economy for the benefit of the few over the masses.

Erm, because thieving brings money into the game and player killers(or even monster killers, actually) know the risks, it isn't ''illegal'' in runescape, but merchanting is still illegal because it it overall doesn't benefit, or more to the point, hurt, anyone?

 

Yes, pyramid schemes are illegal in real life, but so is murdering and stealing, which are completely normal in runescape, so why shouldn't pyramid schemes be normal in runescape?

 

Pyramid schemes are unfortunately completely normal in runescape. It is false to say it doesn't benefit or hurt anyone, it hurts gameplay. When you want to buy or sell an item sometimes you cannot do so for days because of market manipulation, and also the already stated stealing a gp here and there from other players. Merchenting is a must do for players who don't have play enough hours to keep their current cash pile above inflation.

[lcchs]

Really, but if you think if it that way, every newb you see alching is also ruining the game for the others, as any additional gp devalues the previous gp. Face it, merchanting is a completely normal part of the game and in fact real life- after all, most of the people living in developed countries make their living out of thin air, as in, they don't actually produce anything. Why can't this also be normal in an internet game?

 

When people invest money in stocks and the likes, they are lending their money to a company in the hopes that the company is profitable and they in turn get paid dividends. The investors know they have a chance that they could lose some money. What you are talking about are pyramidal scams, where you tell people to pay you money to start a soap selling business. And to be profitable they have to in turn sell the same idea to other gullible investors.

[xpx]

Actually, if you think about it, since merchanting is a 0 gain activity, it doesn't overall benefit or hurt anyone, as in the monetary gain by some is compensated by the loss by the others. The fact that the ge is sometimes clogged up is because of bad design not merchanting, so it can't be put down to merchants. I'm also not talking about price manipulation here in regards to merchanting as that purely relies on the street market(which is a clear design fault by jagex) but rather investing and flipping, which actually help the ge work better.

[lcchs]

Actually, if you think about it, since merchanting is a 0 gain activity, it doesn't overall benefit or hurt anyone, as in the monetary gain by some is compensated by the loss by the others. The fact that the ge is sometimes clogged up is because of bad design not merchanting, so it can't be put down to merchants. I'm also not talking about price manipulation here in regards to merchanting as that purely relies on the street market(which is a clear design fault by jagex) but rather investing and flipping, which actually help the ge work better.

 

If you are talking about investing and flipping, then most people have their value go along with the inflation rate in rs. I personally keep most of my money on commodities that are always on demand and that I can also use to level my skills, like pure ess, coal etc... In regards to merchenting clans, all of them are scams where the leaders get rich and those on the bottom get scammed badly.

[stonewall337]

Braindeath island/those other islands?

[lcchs]

Braindeath island/those other islands?

 

Those islands would go along with a morytania diary. The thing with morytania is the huge surface and there are too many things you can do.

[Obtaurian]

Since when did this thread become a "merchanting is wrong!" thread? :rolleyes:

[lcchs]

Since when did this thread become a "merchanting is wrong!" thread? :rolleyes:

 

Since some people decided to talk about the difficulty of acquiring some skills, then it came to comb vs. skiller, then in how much money you made with each and naturally merchenting was mention as a way to make money.

[Obtaurian]

Since when did this thread become a "merchanting is wrong!" thread? :rolleyes:

 

Since some people decided to talk about the difficulty of acquiring some skills, then it came to comb vs. skiller, then in how much money you made with each and naturally merchenting was mention as a way to make money.

 

And is merchanting not a viable method of making money? I don't see the issue here. Clearly certain unbuyable skills are far more difficult than buyable skills. Anyone who plays Runescape efficiently can attest to that.

 

We had an entire thread on morality (the crashing thread), so let's not do that again.

[Bladewing]

Anyone has the option to merchant, be it flipping or pyramid schemes.

 

Therefore, it is a perfectly fair method to make money.

[Troacctid]

as said: for each gp YOU earn, someone else has to LOOSE 1...

 

HENCE the average runescape person will make 0 coins with merchanting - so it should never be considered when talking about the generic runescape population!

An egregious misunderstanding of economics. Merchanting involves buying items from players who don't need them and are willing to take a small loss to sell quickly, then selling them to players who need them now and are wiling to pay a premium to do so. Nobody is getting swindled.

[Aneron]

as said: for each gp YOU earn, someone else has to LOOSE 1...

 

HENCE the average runescape person will make 0 coins with merchanting - so it should never be considered when talking about the generic runescape population!

An egregious misunderstanding of economics. Merchanting involves buying items from players who don't need them and are willing to take a small loss to sell quickly, then selling them to players who need them now and are wiling to pay a premium to do so. Nobody is getting swindled.

 

^ this. merchanting keeps the economy fluid, as there will always be demand if you're willing to go low enough, or supply if you go high enough. if everyone just bought and sold for keeps, the economy would actually be ruined

[stonewall337]

as said: for each gp YOU earn, someone else has to LOOSE 1...

 

HENCE the average runescape person will make 0 coins with merchanting - so it should never be considered when talking about the generic runescape population!

An egregious misunderstanding of economics. Merchanting involves buying items from players who don't need them and are willing to take a small loss to sell quickly, then selling them to players who need them now and are wiling to pay a premium to do so. Nobody is getting swindled.

Which is something I plan on mentioning in an article I'm working on now. Although there really aren't "pyramid schemes" per se, more like "pump and dump" http://en.wikipedia.org/wiki/Pump_and_dump

[Grimy_Bunyip]

Anyone has the option to merchant, be it flipping or pyramid schemes.

 

Therefore, it is a perfectly fair method to make money.

fairness isn't a very good measure of what forms of merchanting are "good" or "bad"

flipping can tends to be efficient, pyramid schemes tend to be inefficient

I think that's a better measure.

[Bladewing]

Anyone has the option to merchant, be it flipping or pyramid schemes.

 

Therefore, it is a perfectly fair method to make money.

fairness isn't a very good measure of what forms of merchanting are "good" or "bad"

flipping can tends to be efficient, pyramid schemes tend to be inefficient

I think that's a better measure.

You are right "good" is another question. I was responding to those saying that merchanting is unfair.

[Sir_Kurity]

Basically, flipping is cool, it harms no one, it kicks ass.

 

Pump and dump is questionable, but it only harms those ignorant enough to be fooled.

[Grimy_Bunyip]

You are right "good" is another question. I was responding to those saying that merchanting is unfair.

perhaps i did not communicate it effectively, but it's useful to define "good" as overall efficient for the economy as a whole when it comes to merchanting.

in which case, "good" can become objective.

 

just like how you can determine if a training method is efficient for an individual (individual efficiency)

there exists such a thing as efficiency of a group of beings

 

To me: I look at 2 qualities when I want to weigh whether something is good for the economy or bad for the economy.

Entropy and Efficiency.

 

Communism, in theory, could be incredibly efficient.

But entropy would dictate that, it's not a stable system, and even if it is efficient at some point, such a system would not last due to the pressures of corruption.

 

capitalism, is pretty efficient, and very entropic. Because greed helps maintain the state of capitalism.

 

I think something good for the economy, should be have some healthy balance of efficiency and entropy (as entropy always comes at the cost of efficiency)

 

A manipulation pyramid however, is neither entropic nor efficient. Therefore, regardless of what I consider this "healthy balance" to be.

Manipulation pyramids, are always, objectively, bad.