Is it really free-trade?

[Dracae]

before 07 I had a link on the forum of my clan, to some, back then very well known price-guide.. sadly I forgot the name, but still..

Having a guide price on GE will just save us the need to make and look for our own, so more time to play!

 

I can only see upsides to this system, where I can not find any to removing a guide price.

For instance, the few items I have collected a big amount of, I will still be able to sell for way above guide, to ppl wanting fast xp..

Its just a matter of finding ppl desperate enough to buy or sell to get the desired price.. same as it was in 07.

Sadly, of course, I usually am in a hurry.. to get playing again.

[amitoz]

 

I remember when you had to look up prices on a fansite to have any idea what something is worth. That was a pain...

 

I'd really hate it if they remove price guides entirely. It would be a step backwards.

 

That was annoying... That's one of the reasons I didn't do a lot of player trading back then. I either made my own, or bought from stores. I always sold to stores though - I know I could have gotten more from other players, but I was willing to sacrifice that for the convenience.

 

 

Do you seriously want to babysat through your gaming experience every step of the way by your Jagex?

I hate this mentality of new players.

[xpx]

There are no restrictions within trade screen = it's free trade. GE is 100% optional. If GE was mandatory, i'd agree, but it's not the case.

 

Is there anything in place to stop merchanting clans from getting together and trading any item they like to one another for a much higher value than normal until it reaches a profit they are happy with then selling it? Surely this method of 'merchanting' will now be MUCH easier with free trade.

Merchants can no longer change the value of items, but only the guide value of items. Thus, when a buyout stops, nobody has to buy the items at guide value and those merchants could and likely would lose large sums of money by buying items for too high a price. The whole point of manipulation was to change the price of items, which is no longer possible by simple buyout.

[Afishinsea]

The information I'd like the GE to show is the current best offer and the current best ask. From that I can work out the best price to trade at for how quickly I want the transaction to complete.

 

Average price over the last day may be good for a historical graph and as a reference to know whether you're getting scammed or not, but it isn't very relevant when actually choosing a price at which to put an offer up, leading to overreliance on the prices 5% below and 5% above yesterday's average.

 

Personally, I'd like to see the 4 hour buy limits on the GE strengthened further to balance out the GE's convenience (read: make merchants have to do actual work again). No item over 500k has any reason to have a limit higher than 1 per 4 hours - if somebody legitimately needs 100 furies in 4 hours they can go and buy them in face to face trades, same with 10 santas or 10 godswords.

[wioneo]

The information I'd like the GE to show is the current best offer and the current best ask. From that I can work out the best price to trade at for how quickly I want the transaction to complete.

 

That information would be constantly changing for high volume/commonly traded items.

[amitoz]

The information I'd like the GE to show is the current best offer and the current best ask. From that I can work out the best price to trade at for how quickly I want the transaction to complete.

 

That information would be constantly changing for high volume/commonly traded items.

There will still be a threshold, an equilibrium of sorts; only more stable due to the real price being put in place rather than a "fake" assigned price.