Extremely expensive items vs. free trade

[Wessan]

Santa Hats and H'ween masks are already crashing on world 2. Selling around 40mil + junk

[green9090]

Santa Hats and H'ween masks are already crashing on world 2. Selling around 40mil + junk

Wow, I thought this was a troll but I checked forums and it's true o.o

 

...Why? I'm not sure what about free trade people think is going to hurt lower rares (except of course RANDOM MASS PANIC!!!!)

 

Glad I stopped flipping Santas a few weeks ago.

[Ulysses]

would be interesting to see whether they rise or fall...

IMO, since trade would not have to be done via the ge, these items, whose street price is usually higher, would be traded as normal without affecting the ge adviced price.

the free trade would also encourage co-ownership as stated by others in previous posts; so more people will be inclined to purchase these high-end items either by themselves or as a group.

I would guess prices in ge will remain roughly the same, as people will turn to non-ge trades as a method of purchase (without the need for junk anymore), but street price (or the 'free trade' price) would be higher (because of increasing cases of high-end item co-ownership)...which is pretty much the same as it is now.

However, i might be wrong...

[Peronix]

I don't see why divines and other spirit shields weren't made lendable in the first place.

They have quest requirements, which for some bizarre reason excludes them from the lending system.

 

Wait just a damned minute - dosen't the dragon scimitar require monkey madness? According to rswiki you can lend those...

[Gradeskip]

Well I think free trade can be good in some way. Price manipulators who invest bils end up with millions/billions of junk, and many use rares to get rid of it. But now if you can just sell or buy a partyhat/edible for its street value with coins, junk becomes useless.

 

I think this could kill price manipulators/merchant clans. :thumbup:

[Pete Party]

Santa Hats and H'ween masks are already crashing on world 2. Selling around 40mil + junk

Wow, I thought this was a troll but I checked forums and it's true o.o

 

...Why? I'm not sure what about free trade people think is going to hurt lower rares (except of course RANDOM MASS PANIC!!!!)

 

Glad I stopped flipping Santas a few weeks ago.

 

It's people trying to create panic, free trade does not really affect rares.

The only thing that can really make rares go down is if jagex is making more or if someone with a lot of them just threw m on the market.

People quitting and getting banned make rares go up.

 

Free trade is good if the GE stays too.

 

 

If I were you I would hold on to your rares!

People will want to get their hands on stuff that has a steady value, gp has not got that.

[Kimberly]

But the Divine will probably rocket. Have none of you considered:

 

A) The CB'ds dungeon is in the wilderness. You know, the jolly old place people could kill each other in.

B) CB has a relatively high kill rate, so frequent running between CW-Dungeon might be expected.

C) You need good gear to kill CB

 

Good chance camping outside its lair will be new favourite of PvP clans.

 

The inside of the cavern isn't considered pvp and if anything they'd prolly just make it single outside of it (super easy to get away then considering) or bring it inside the ranch and make the ranch safe.

[All_Is_Great]

But the Divine will probably rocket. Have none of you considered:

 

A) The CB'ds dungeon is in the wilderness. You know, the jolly old place people could kill each other in.

B) CB has a relatively high kill rate, so frequent running between CW-Dungeon might be expected.

C) You need good gear to kill CB

 

Good chance camping outside its lair will be new favourite of PvP clans.

 

The inside of the cavern isn't considered pvp and if anything they'd prolly just make it single outside of it (super easy to get away then considering) or bring it inside the ranch and make the ranch safe.

 

Exactly.

 

Also, you aren't skulled going to corp. You're filled with brews or sharks. You're in dhides, which makes it hard for you to be frozen. Last of all, most people going to corp are maxed. Really, I don't see people camping the route to corp for kills, they won't even get many drops.

[wioneo]

Santa Hats and H'ween masks are already crashing on world 2. Selling around 40mil + junk

Wow, I thought this was a troll but I checked forums and it's true o.o

 

...Why? I'm not sure what about free trade people think is going to hurt lower rares (except of course RANDOM MASS PANIC!!!!)

 

Glad I stopped flipping Santas a few weeks ago.

 

I see quitting with most of my coins converted to red masks was a good idea...

[bedman]

Santa Hats and H'ween masks are already crashing on world 2. Selling around 40mil + junk

Damn, why did I buy those 2 santas hoping for some long term profit :(. I don't see any logical reason for them to crash really.

[timmmmm83]

Santa Hats and H'ween masks are already crashing on world 2. Selling around 40mil + junk

Damn, why did I buy those 2 santas hoping for some long term profit :(. I don't see any logical reason for them to crash really.

4 santas here, bought one extra last week. :ohnoes:

[bedman]

What are peoples view on pk'ing items? I'm talking about claws, whips, barrows armour, dark bows, etc... At first, you would think they'll go up, but if you look long term, none of these items would get lost in the new system. I would think they would rise when nearing 14 january, but will fall long term after the introduction of the wild and free trade. Right now, however, it seems people are not trusting it, and they don't seem to be going up.

[Nifflin]

Santa Hats and H'ween masks are already crashing on world 2. Selling around 40mil + junk

Damn, why did I buy those 2 santas hoping for some long term profit :(. I don't see any logical reason for them to crash really.

4 santas here, bought one extra last week. :ohnoes:

 

When people quit they invest in a rare so that if they ever come back, they can expect their bank to have risen in value to parallel inflation. It's pretty common for someone to buy a lower end rare before they quit.

 

If this update goes through and lots of people return they will then need to convert those rares back into geepees which will flood the market and cause prices to drop.

 

This is just my speculation/prediction of what is going through peoples heads.

[gremmy]

But the Divine will probably rocket. Have none of you considered:

 

A) The CB'ds dungeon is in the wilderness. You know, the jolly old place people could kill each other in.

B) CB has a relatively high kill rate, so frequent running between CW-Dungeon might be expected.

C) You need good gear to kill CB

 

Good chance camping outside its lair will be new favourite of PvP clans.

 

The inside of the cavern isn't considered pvp and if anything they'd prolly just make it single outside of it (super easy to get away then considering) or bring it inside the ranch and make the ranch safe.

 

Exactly.

 

Also, you aren't skulled going to corp. You're filled with brews or sharks. You're in dhides, which makes it hard for you to be frozen. Last of all, most people going to corp are maxed. Really, I don't see people camping the route to corp for kills, they won't even get many drops.

 

The first part of running up there is multi.

[Wessan]

Santa Hats and H'ween masks are already crashing on world 2. Selling around 40mil + junk

Wow, I thought this was a troll but I checked forums and it's true o.o

 

...Why? I'm not sure what about free trade people think is going to hurt lower rares (except of course RANDOM MASS PANIC!!!!)

 

Glad I stopped flipping Santas a few weeks ago.

 

I never troll, and I just want to say that Im in the same boat as many who have stated they just bought rares. I bought a Santa too, 2 weeks ago, and now the fools of runescape are causing panic.

[glasscube]

The reason why a lot of rares are crashing is because their prices were fueled by the merchanters - nobody else. You needed low rares to trade for medium rares, and medium rares to buy stuff like party hats and divines.

 

Now that any rare item can be bought for straight gold - there is no reason merchants to hold onto their rares to trade up. It also means a lot of merchants probably dumped their rares on the GE, to get straight case for when the update comes so they can buy a party hat.

[Bladewing]

You needed low rares to trade for medium rares, and medium rares to buy stuff like party hats and divines.

false

[xpx]

I wonder if the GE will be removed with free trade :-/ I would miss the opportunity to just place my stuff in there and wait for it to sell if it was gone :-(

I don't think so. The GE can still keep working like it does, but the 5% limits will be gone. A whip for instance would still have a med price of 3.4M, but people would be allowed to pay 4M or whatever they want for one. The med price would update every day based on the trades that took place, just like it does now.

The GE is designed to work with free trade and it's the trade restrictions that screw it up. I still can't understand how stupid all these people have to be not to understand this(the GE is basically a cheap ripoff of a stock market, not something original designed to work with restrictions).

 

As for what the rare item market will be like- quite like it was before these stupid restrictions- the prices will be ALOT more constant and you'll always be able to buy any of these items. Because they won't have added merchanting value, they will be priced lower than they are now, thus just being status symbols, not a way of keeping street value. The rare items will, in all likelyhood, be sold more often on a market instead of the ge, so that oldschool merchants can make money off buying items cheap and selling them for more. As the pvp items->gold exchange will be stopped gold will be much more valuable that it is now.

[green9090]

The reason why a lot of rares are crashing is because their prices were fueled by the merchanters - nobody else. You needed low rares to trade for medium rares, and medium rares to buy stuff like party hats and divines.

 

Now that any rare item can be bought for straight gold - there is no reason merchants to hold onto their rares to trade up. It also means a lot of merchants probably dumped their rares on the GE, to get straight case for when the update comes so they can buy a party hat.

Santas and masks had no street, making them absolutely useless for trading up.

 

It always amuses me when people who clearly haven't the faintest clue what they're talking about "explain" things.

[glasscube]

You needed low rares to trade for medium rares, and medium rares to buy stuff like party hats and divines.

false

 

It sure helped though. Sure a lot of people were in clans/small buyout groups that could generate a lot of junk, but not everybody.

 

The reason why a lot of rares are crashing is because their prices were fueled by the merchanters - nobody else. You needed low rares to trade for medium rares, and medium rares to buy stuff like party hats and divines.

 

Now that any rare item can be bought for straight gold - there is no reason merchants to hold onto their rares to trade up. It also means a lot of merchants probably dumped their rares on the GE, to get straight case for when the update comes so they can buy a party hat.

Santas and masks had no street, making them absolutely useless for trading up.

 

It always amuses me when people who clearly haven't the faintest clue what they're talking about "explain" things.

 

Maybe not santas but red periodically had street value. Theres no reason for merchanters to hold onto the smaller rares anymore, especially when they sell all those santas and masks they can buy better rares. And what makes you think I was speaking solely for santas? There are numerous items that have street value that aren't rares that you can trade up with. A lot has to do with the fact that the GE made it easy for merchanters to artificially inflate the price of the lower rares too.

[green9090]

Maybe not santas but red periodically had street value. Theres no reason for merchanters to hold onto the smaller rares anymore, especially when they sell all those santas and masks they can buy better rares. And what makes you think I was speaking solely for santas? There are numerous items that have street value that aren't rares that you can trade up with. A lot has to do with the fact that the GE made it easy for merchanters to artificially inflate the price of the lower rares too.

None of the rares that are currently crashing had street before the crash. You said the reason some rares are crashing is because their street value is going away.

[Wessan]

Kinda sucks that anyone with p-hat will be able to sell literally for billions while other "rares" hit the floor.

[Jaded]

Kinda sucks that anyone with p-hat will be able to sell literally for billions while other "rares" hit the floor.

 

Why does it suck? It's like you need a degree in mathematics to trade phats at the moment. I just wanna be able to sell my stuff--no junk, no having to figure out what is rising or crashing at any given time, no anticipating which merch clan will dump and thereby crash any junk you buy/sell. By the same token I want to buy my blue without hassle so please Jagex upgrade your max currency system. That is my biggest peeve about the game...I can't think of any other MMO that caps your money (except free LOTRO...but that's because they want you to buy membership).

[Wessan]

Just that they are both are rare items and they take different paths under the same circumstances. Plus its a personal viewpoint considering i dont own a p-hat

[subbss]

Adding free trade and old wildy back does not HAVE to mean that botting and RWT will come back in force as well. Why wouldn't it?

 

Jagex could do what CCP did for Eve Online, attack RWT by implementing it themselves. Jagex can allow players to buy ingame currency through an official Jagex channel. Then no one will need to buy it using shady hacker websites that steal account info and use fake credit cards that cost Jagex money before.

 

I know this sounds crazy but it's actually more complicated than it sounds and it works. You don't pay for gp, you pay for game time/membership time, but it's given to you as an item that can be traded on the market freely. People can buy it using in-game money to keep playing without paying any more real money. In reverse this means if you buy a game time item with your real money and sell it on the market, you make gp out of real money. This kills the demand for most of RWT and so it goes away. This is NOT micro-transactions. This does NOT unbalance the market. This does NOT stop someone cheating, however very few wish to cheat on their real characters, because of the risk of getting banned, or more recently, having your skills reset.

 

PLEX in Eve Online

 

Jagex would not be bringing up the possibility of bringing these systems back if they knew all the botting and RWT would also come back. All MMO's have faced this problem, and most of them found different ways to solve it. Jagex "solved" it in a way that was very unpopular and Jagex admits they didn't want to have to do it that way. Well.... PLEX is another way to deal with the problem that they haven't tried. And we all know Jagex loves copying idea from other MMOs.

 

I'm not saying this is definitely what they will do, but they COULD do it this way. I would certainly like it if they did.