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Lumbridge Rebuildathon [30-Oct-2013]


Miss Lioness

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Kinda crazy to think that the well has already taken

100,000,000,000 gp value out of the economy and that's only 1/10th of the $ donation cap!

 

Still kinda only a drop in the pond of the problem, but if we hit the 1 trillion cap it'll certainly be a good start.

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Kinda crazy to think that the well has already taken

100,000,000,000 gp value out of the economy and that's only 1/10th of the $ donation cap!

 

Still kinda only a drop in the pond of the problem, but if we hit the 1 trillion cap it'll certainly be a good start.

Don't look a gift horse in the mouth... that's all that comes to mind really.
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The charity thing is nice, but the deflationary/money-sink thing is not. It's a waste of time. Do you know that there are actually people out there with 100B banks? At least two such people are in my clan, I believe. So, no, this money-sink won't accomplish all that much. It certainly won't deflate enough money to reduce prices (which is the goal of any money-sink). Like I said before, cosmetic rewards for things like 1B only convince wealthy people to throw away a few billion, while keeping the overwhelming amount of their money with them. It simply won't work (in another thread, someone suggested that it would). 

 

I think they should simply give up on money-sinks. Do it harshly, or don't do it at all. Tough love, and all that.

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The charity thing is nice, but the deflationary/money-sink thing is not. It's a waste of time. Do you know that there are actually people out there with 100B banks? At least two such people are in my clan, I believe. So, no, this money-sink won't accomplish all that much. It certainly won't deflate enough money to reduce prices (which is the goal of any money-sink). Like I said before, cosmetic rewards for things like 1B only convince wealthy people to throw away a few billion, while keeping the overwhelming amount of their money with them. It simply won't work (in another thread, someone suggested that it would). 

 

I think they should simply give up on money-sinks. Do it harshly, or don't do it at all. Tough love, and all that.

 

True but many of these hyper rich types don't actually spend all that much that often, preferring to just horde for that big shiny number, and thus can't really dictate prices to much. The ones spending money are the ones who make the difference to the prices and deflating the economy as a whole can have positive effects due to this. If those spending the money have less to spend demand will slack until prices drop.

 

Of course you can never 100% fix it unless you go harsh and outright delete huge amount of wealth from high ups, but introduce enough money sinks and the markets that matter can start to circulate better and make things trickier for people to reach that level of super richness meaning in time (ppl quit etc) the super riches can move further out of circulation.

 

I don't think it'd be right to give up, if you don't do any money sinks you just let the rich types keep getting rich and driving top end prices ever higher, whilst the newbs have even less hope of ever obtaining top end. Money sinks may not implode the upward spiral, but they at least hinder it's progress. It's just a matter of making sure money sinks hit mainly the rich, top end folks and playing the long game to wait out people quitting or combining moneysinks with the harsh step to forcibly revoke gp from the uber rich. I wouldn't mind some such measures being in place and GE/Trade taxation system would be a start to curb merching craziness, I also am a fan of the idea of introducing a daily/weekly flat out tax based on bank value designed to only target those with excessive wealth.

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I think that this is a great money sink because you can dispose of your junk items for a good cause.  People who care about the charities (or just their rank) are motivated to buy junk that no one else would (since it gives a better return than just gp).  This allows junk items with stagnant prices (like tectonic armors) to more rapidly adjust to their true values by the increased trading volume generated by bulk junk buyers (i.e the G.E. prices will update sooner).  Basically, with very little effort, Jagex managed to create a market for undesirable stuff all the while removing excess gp and items from the game.  And the craziest part is that the players are voluntarily giving up all this wealth! :o  

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I fail to see the point in donating bonds.

 

Yay! Let's pay Jagex $5 so that they give it to charity!... Wait... Why buy a bond to donate to charity when I can just directly donate to any of those charities instead?

 

Unless we can donate bonds bought from other players, in which case directly donating GP is pointless.

 

I believe you can donate bonds bought from other players. However, some players may not like the hassle of that. Gotta go buy the bonds, remember only can put in offers for 6 maximum in g.e. at once (1 per slot). Gotta wait for someone to sell them. Thats if you have the gp at hand to donate. If you have items you need to sell those first then buy. With well you can just throw the items or cash in and be done. 

 

Also, of course gp is a worse deal than bonds. Jagex is using their own money when you use gp or items, with bonds they're donating the money of the person who bought the bonds.

 

 

Bonds only work in increments of 7m. Gold can be donated in whatever amount you like.

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i suppose the question is if you are attached to imaginary gold to the point where owning more than you will ever actually require to stay competitive in the game comes down to actually depriving other actual people of actual money they need

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i suppose the question is if you are attached to imaginary gold to the point where owning more than you will ever actually require to stay competitive in the game comes down to actually depriving other actual people of actual money they need

 

However, a lot of gold in the economy is generated each day, so we have huge inflation, not *just* stagnant wealth. This means that the wealth isn't moving around properly, but also that it gets generated and slowly moves towards the top and gets stuck..

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Did you check the box 'do not show this again'?

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They're talking about the wishing well modal (I didn't disable it because I like the free ge tele every time I log in)

 

You can't turn off the rebuildathon modal. Just stop playing in fixed screen, or move it somewhere that doesn't interfere. It's a minigame HUD.

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So I can't help build the memorial to the fallen because I have reached the limit for today...wtf, this happening to anyone else?

Also atm I have 5040 points. I have reached my daily limit each day so far (4 * 1500 = 6000) and I bought one large lamp for 1500 so I should have 4500 points. Where did that extra 540 points come from?

 

EDIT: It seems that if you help George first and reach your daily limit with him, you cannot help build the memorial. And you can gain up to an extra 1500 points by helping to build the memorial as well. So it's best to max out on that first.

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Anyone know what Runefests' item for this year is yet?

 

I think it was an exclusive title. Heard it either on the podcast or some BTS, don't quite remember.

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If you take resources and destroy them you can't pick up anymore. Thank you Jagex.

 

AND:

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Anyone know what Runefests' item for this year is yet?

 

I think it was an exclusive title. Heard it either on the podcast or some BTS, don't quite remember.

Inb4 "the festive."

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Anyone know what Runefests' item for this year is yet?

 

 

I think it was an exclusive title. Heard it either on the podcast or some BTS, don't quite remember.

From the first post

There'll be a way to help with the Lumbridge Rebuildathon at RuneFest too. Lend a hand building the Lumbridge house set up at the venue and you'll earn a special code that can be redeemed from Diango for an exclusive title.

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