Estimation at money drained after just 3 days

[scott638]

yea that is true it will take about 3 days for money drain....

[All_Bogs]

You don't seem to take into account that you'll need to buy houses, rooms, etc, too, so it's probably quite a bit more.

[mini193]

i doubt i'll ever be able to get even 60. Stuff is way too expensive I only have 500k at level 81. I will need to be a rich [wagon] staker to be able to get 99

[muhelos]

yea that is true it will take about 3 days for money drain....

 

 

 

Did you read the post :? ?.

[rft]

i think that the one winner out of all this is the sawmill operator. He must be minted with all those logs being cut into planks. I'd like to see him with a blue party hat on next week - that would be awesome. :D

 

 

 

I like the stats though. Many billions being taken out of the economy each day. I'll be a lot more over the weekend as people will have more time to play. I'm a bit like kwimbob - I spent 1mil just to get to level 50. :( I think 65-70 will be a realistic long term target for me, but I'd like to get back to levelling other skills soon to get more money to invest.

[mcneelson]

i think that the one winner out of all this is the sawmill operator. He must be minted with all those logs being cut into planks. I'd like to see him with a blue party hat on next week - that would be awesome. :D

 

 

 

I like the stats though. Many billions being taken out of the economy each day. I'll be a lot more over the weekend as people will have more time to play. I'm a bit like kwimbob - I spent 1mil just to get to level 50. :( I think 65-70 will be a realistic long term target for me, but I'd like to get back to levelling other skills soon to get more money to invest.

 

 

 

acctuly people who kept their fortune in pure cash are the winners. Because their wealth is raising by the lowering of total money ingame.

[Duke_Freedom]

20B gold pieces

 

 

 

Note: Duke Freedom made an estimation on the total amount of gp in the game, back in September 2005 - Total amount of GP in RuneScape - 455B

 

 

 

Yes, I've done similiar calculations in the past few days and came to similiar numbers, though, since I don't do the skill myself, I'm unable to determine how reasonable these calculations are.

 

 

 

I had rather talked to a high lvl constructor about these calculations to determine how reasonable they are, before publishing them, but I guess other people figured it out as well by now (although I'm pretty sure you did this after I told you I did various calculations already which were pointing to deflation, which I think you should have mentioned, Furious F ;)).

 

 

 

Nevertheless, if I would make a quick rough guesstimate at the total gp ingame right now I would say that's going to be somewhere around 1300bil (~270 days passed since my previous gp calculation and the rough gp growth / day was about 2bil then, estimating it at around 3bil+ now).

 

 

 

Either way, with a gp creation of 3bil+ / day, and the calculations roughly looking like a 6bil+ / day drain, we may currently be experiencing some heavy deflation (money decrease) instead of inflation. Furthermore, if construction stays fairly popular in the future, this may continue to stay this way.

 

 

 

Obviously (given that the calculations are reasonable) this is extremely negative for the price development of rares, from short-,mid- to long-term. The high inflation rate in the game was the most important factor that fueled upgoing rare prices.

 

 

 

Furthermore, deflation is desastrous for rares prices and, if construction stays popular enough, halving rares prices as predicted by Nathaninch (who, I keep my stance, provided too little real arguing for his predictions when he created that topic) may not be as unreasonable as they sounded.

 

 

 

IF we really enter a period of deflation, then something I pretty much predicted for myself a long time ago is indeed going to happen: Jagex finally decides to do something against the inflation problem, but they take it way too far. Deflation is NOT the answer on inflation and is extremely bad for any economy.

[Norpographic-X]

20B gold pieces

 

 

 

Note: Duke Freedom made an estimation on the total amount of gp in the game, back in September 2005 - Total amount of GP in RuneScape - 455B

 

 

 

Yes, I've done similiar calculations in the past few days and came to similiar numbers, though, since I don't do the skill myself, I'm unable to determine how reasonable these calculations are.

 

 

 

I had rather talked to a high lvl constructor about these calculations to determine how reasonable they are, before publishing them, but I guess other people figured it out as well by now (although I'm pretty sure you did this after I told you I did various calculations already which were pointing to deflation, which I think you should have mentioned, Furious F ;)).

 

 

 

Nevertheless, if I would make a quick rough guesstimate at the total gp ingame right now I would say that's going to be somewhere around 1300bil (~270 days passed since my previous gp calculation and the rough gp growth / day was about 2bil then, estimating it at around 3bil+ now).

 

 

 

Either way, with a gp creation of 3bil+ / day, and the calculations roughly looking like a 6bil+ / day drain, we may currently be experiencing some heavy deflation (money decrease) instead of inflation. Furthermore, if construction stays fairly popular in the future, this may continue to stay this way.

 

 

 

Obviously (given that the calculations are reasonable) this is extremely negative for the price development of rares, from short-,mid- to long-term. The high inflation rate in the game was the most important factor that fueled upgoing rare prices.

 

 

 

Furthermore, deflation is desastrous for rares prices and, if construction stays popular enough, halving rares prices as predicted by Nathaninch (who, I keep my stance, provided too little real arguing for his predictions when he created that topic) may not be as unreasonable as they sounded.

 

 

 

IF we really enter a period of deflation, then something I pretty much predicted for myself a long time ago is indeed going to happen: Jagex finally decides to do something against the inflation problem, but they take it way too far. Deflation is NOT the answer on inflation and is extremely bad for any economy.

 

 

 

My real concern in this whole matter is that not every item for sale will respond to the deflation of the current economy. Realistically with such a rapid deflation of the runescape economy, the prices of all items in the game should realistically ALL be dropping at the current moment, except at the moment the drop is only really being seen in the rares and the most commonly traded items such as yews.

 

 

 

Personally I see dark times ahead for the runescape economy with the current gross player expenditure into the construction skill, and there simply is not enough gp growth from alching, drops etc, to cover this, that until the construction skill isnt so popular anymore, the market will simply be too unstable. Maybe we'll even see the economy revert to how it was when I used to buy masks off of duke at 350 k each :D Actually lets not hope it goes that far, but I forsee that while this skill is popular, the economy is really in the balance, and Jagex really stacked it against us with such a money draining skill.

[Duke_Freedom]

My real concern in this whole matter is that not every item for sale will respond to the deflation of the current economy. Realistically with such a rapid deflation of the runescape economy, the prices of all items in the game should realistically ALL be dropping at the current moment, except at the moment the drop is only really being seen in the rares and the most commonly traded items such as yews.

 

 

 

As I've said oftenly, I think inflation (and thus deflation as well) only really has much effect on rares. Raw materials have much more stable prices and never seemed to care much about the extreme inflation going on in this game. Pseudo-rares do react a bit on inflation and deflation and if I can believe the stories I read on the forums, whips and such items did drop a bit in price as well.

 

 

 

that until the construction skill isnt so popular anymore

 

 

 

Well, it's gonna be very important how much people will still level construction when the newness of the skill is wearing off. If people barely level the skill then, the issue of deflation is just temporary and thus not that worrying as it currently seems. However, I think we can't currently say much about all that.

 

 

 

Maybe we'll even see the economy revert to how it was when I used to buy masks off of duke at 350 k each :D

 

 

 

Well I'm sure it'll never get that extreme. :P