Wow. (RS Economy)

[LoadsOFire]

I've noticed this a lot lately, and it's in a way ruining the game.

 

 

 

I never payed much attention to RS market, I bought items, I sold items, didn't bother to study anything about it.

 

 

 

But the last few weeks, I've been playing RS a lot, and trying to figure out how to make the best money. Obviously it would come down to merchanting. Merchanting isn't my thing, I don't really agree with it, because it's ruining the Runescape echonomy, and making skills less useful.

 

 

 

Well, since I didn't know much about it, I went to world 2, and forums, to see what would be best. To my surprise when I actaully studied this, I was shocked. People are coming to Runescape, at level 3, playing for a month, and making millions, sometimes 100,000,000s.

 

 

 

Thats not the problem though, if they want to make that much money they can. The problem is that it's making skills useless. I'm a guy that likes to fish, fletch, wc, mine, and use other skills to make money. Why? Because I would rather get XP, than money. Yeah, thats easy to understand.

 

 

 

Now when ever a new item comes out, prices go from being say 10m each - 30 mill each, because of merchanters. Yea... thats OK. but the problem is, prices are staying high, when it should be lowering. Thus making a BIG problem with Runescape echonomy.

 

 

 

What made me blow up was this:

 

 

 

Yesterday I'm in world 2, buying dhorak's plate and legs, a whip, and d sq. I got them all at a decent price, so I was happy.

 

 

 

I decided to go somewhere thats not so busy, so I went to more of an empty part of fally. To my surprize a few people(about 5-8) came by me, and asked me "why don't you have full dragon". I say "I can't afford it", meh I can't, I could if I wanted to fish for like a week straight, but I don't want to do that.

 

 

 

One of them goes "You must be bad at merchanting than". I told them I didn't merchant, and that I think raising, and making money from skills is better.

 

They FREAKEDDDD, saying that people who raised skills were noobs. I explained that raising skills is harder than going and buying and selling something over and over. They just kept thinking they were better than me, because they had more money...

 

 

 

Why does the amount of money you have define you? I spend money on skills, not items. I have spent about 10m just on items, to improve me look, but I wouldn't waste more.

 

 

 

What has RS come to? It once had a great echonomy, with steady prices, since RS2 came out, the echonomy has been totaled.

[mrmyk]

lol im thinking its more due to the prices of rares, alching and macroers :?

[Adamfostas]

I'm the same as you, inasmuch as I refuse to merchant and make my paltry sums of money from skilling, but I've never encountered the same problem as you. No-one has ever insulted me for lack of money, and indeed I actually find merchants rather useful: I'd rather sell large amounts of full green dragonhide for a slightly lower price to someone who can take them off my hands now, rather than stand there for hours on end myself hoping for a slightly better price.

 

 

 

There you go, there's your retort right there: I don't merchant because I have better things to do with my time.

[LoadsOFire]

Rares is one of the reasons, it's just like any other item people are trying to merchant. The price raised 200m+ for a blue in less than 4 months. Why did it raise? Because they were more rare? No. Because people just kept merchanting, and merchanting.

[Runescapefan948374]

I believe it's because mostly everyone would rather make some cash and if they even do decide to raise up their skills. They'll be doing it an easier way, because almost everything (with a few exceptions) just don't have the patience to raise skills from scratch. Everyone wants to just buy their way to level 99 skills, if possible.

 

 

 

As mrmyk stated, it's most likely because of Autoers that the price have increased of mostly everything. And with the recent huge money drain of construction, that's definiately had some impact. (I've even seen people trying to sell rares for millions more! then they were worth before construction)

 

 

 

Well, hopefully someday it'll re-stabilize. Hopefully.. :wink:

 

 

 

Edit: Prices also raise because occasionally people will die/be banned with the rares and lose them. People take advantage of this, and it just tends to rise, higher and higher... and higher.

[Fogmorton]

I see this all too often these days. Consider the source that they are just lvl 3 and don't know how hard it is to skill and not stand around and sell junk/ :wink: .

[Noproblem22]

Most level 3 accounts are not mains.....They are second accounts created by another person so that they can use it to autotype usually.

 

 

 

Notice I said most and not all.

[Duke_Freedom]

I think your way of spelling the word "economy" says enough already...

 

 

 

I do wonder - why can't these 'skillers' ever quit making these nonsense topics?

 

 

 

Prices of items are dictated by supply and demand, and merchants show up at both sides as they buy items to resell them. For this reason, merchants create stability in prices and stimulate trade. They don't influence the prices (much).

 

 

 

They just kept thinking they were better than me, because they had more money...

 

 

 

So what? You probably also think that you are "better" then one of these level 3's with 100's of mils because you got better skills? People play this game for totally different reasons you know, learn to respect that, instead of comming with the age old ridiculous "merchants are ruining the economy!" statement, that lacks any kind of logical reasoning.

 

 

 

Merchants and skillers have a lot more in common then everyone thinks. People who say that merchanting is a lot easier then skilling don't know what they are talking about. They both require a big deal of patience, patience and even more patience.

[Kashi]

They just kept thinking they were better than me, because they had more money ...

 

 

 

Aren't they? Nah, just kidding. Anyway, in my opinion, the only stats worth raising are combat stats and agility. If you can make money by merchanting, then I wouldn't bother raising other stats. And the only reason agility is worth raising ... well. Traveling quickly is very important in RS, so if it only takes 90 seconds for your energy to restore fully, it impacts your entire playing experience quite a bit.

[superbond2]

idk how to make money like at all lol

[Kashi]

Very articulant. Thanks.

 

 

 

Just wanted to say, I've found merchanting barrows to be very profitable,

 

but I've found -doing- barrows to be even more so.

[tefda]

There's no real problem with merchanting. I think if people want to mess around with the prices of items then let them. I myself am sort of like the author, I would rather get XP than gold. I also prefer getting my items by my own means. For example I wanted to get Full splitbark so I went down to the Shade temple and started to repair it and do all that is required to get Fine Cloths and whatnot.

 

 

 

I got my armor and am happy now, it took a while, but I got it. The only problem with doing things this way is getting things that are too numerous or too difficult to get for yourself. For example, Full Dragon armor. I will probably never, ever go to the Kalphite Queens Lair. Thus I will never get Full Dragon armor (there are other ways, I'm making a point here).

 

 

 

Now my problem is that I've gotten a small fortune from burning Shades and yet I don't know what I'm going to spend it on. I despise buying and selling items to other players as it's so tedious in finding a buyer/seller and then transfering worlds and then trading hard earned gold for a single item or a stack of noted goods. How did I benefit? Did any of my levels increse? Did I gain some experience? No, of course not. Getting items from other players is useful at times but I think it's pointless when you can generally get the items for yourself cheaper and generally you'll gain some experience doing it (i.e. instead of buying nats, go make them).

 

 

 

The reason why your money defines you is because the majority of players cannot understand that gold is not the most important part of this game. They haven't quite grasped the fact that skills are something permanent while gold is fleeting. All they see is how gold can get things for you, whereas we know that skills can get things for you only if you earn them. The quick reward is better to them rather than the proud achievement of you earning the reward.

[cheeseman]

I noticed this also. I was playing last night on world 2, buying some iron knives. I look on a price guide, and think to myself "oh, iron knives...20 - 40 GP each. I'll try to get them for 30 each."

 

 

 

When i get there, i see someone selling like 2k iron knives, which is just the amount i need. I trade him, put up my 60k, and he declines, saying "50 each you noob!" At the time, i also had mIrc open (for those who dont know, its basically a chat thingy) and i was lucky enough to find someone who, after a bit of negotioations, would sell them to me for 35 each. I ended up buyin 5k iron knives.

 

 

 

This proves that people will buy stuff at ridiculously low prices, then jack them up to outrageously high prices. In RS1, u bought an item, and sold it for about the same price. Ahh, yes...when we still had an economy. Well... now its rotting in the ground in a coffin.

 

 

 

What happend to the economy? why is it so unstable? My answer? Party Hats and Merchants. People just keep wanting money, so they increase the prices by like 10M each, then someone else does the same, and the process repeats. Why Jagex, why? Why did you create the evil known as Party Hats?

[Cool1]

I agree with you. Nowadays everyone merchants and everyone is rich. When a new item comes out, they have the money to pay millons for it. And since it starts high, it stays high and decreases slowly. Every rare is going up so fast :shock: i dunno what happened. I don't want to be the richest guy in RS, I want the GP to use it on skills. I'd rather spend my money on XP than on a rare thats only gonna give me '0mg niz phat can i have 10k plz?/'.

[cheeseman]

I agree with you. Nowadays everyone merchants and everyone is rich. When a new item comes out, they have the money to pay millons for it. And since it starts high, it stays high and decreases slowly. Every rare is going up so fast :shock: i dunno what happened. I don't want to be the richest guy in RS, I want the GP to use it on skills. I'd rather spend my money on XP than on a rare thats only gonna give me '0mg niz phat can i have 10k plz?/'.

 

 

 

I agree with you completely. Hypothetically, if I had enough to buy a party hat (say...600M) OR put most of that into skills, i would dump that into my skills without a second thought. Party Hats are useless. Well, not entirely. On f2p worlds, they are noob magnets. 99 Construction, however, is a LOT more impressive, and I would much rather do that, then have a Party hat

[WolfhunterXZ]

One of them goes "You must be bad at merchanting than". I told them I didn't merchant, and that I think raising, and making money from skills is better.

 

They FREAKEDDDD, saying that people who raised skills were noobs. I explained that raising skills is harder than going and buying and selling something over and over. They just kept thinking they were better than me, because they had more money...

 

 

 

Pretty much the same thing for me.. I don't merchant, I train, in fact, I don't do much of either. I wander about, do quests, help people out, talk to people, and occasionally work on skills and sell stuff I get from monsters. But I've had people come up to me saying "Why do you have this and that armor!?" and I'm like "Because I can't afford it" and well, same thing that happened to Loads lol. People like them are idiots and ruin the game.

[silver24-7]

 

I decided to go somewhere thats not so busy, so I went to more of an empty part of fally. To my surprize a few people(about 5-8) came by me, and asked me "why don't you have full dragon". I say "I can't afford it", meh I can't, I could if I wanted to fish for like a week straight, but I don't want to do that.

 

 

 

One of them goes "You must be bad at merchanting than". I told them I didn't merchant, and that I think raising, and making money from skills is better.

 

They FREAKEDDDD, saying that people who raised skills were noobs. I explained that raising skills is harder than going and buying and selling something over and over. They just kept thinking they were better than me, because they had more money...

 

 

 

 

 

 

Lol I'm pretty sure they didn't freak, nor did they really think skills are for noobs, they just wanted to have a laugh and apparently you were a pretty easy target.

 

Myself I was a lvl 85 with green phat, mask set and 2 santas. But I never tought less of higher lvled people with less money or skills.

 

Lol coming to think of it the only people I despise are the ones that never read and ask others for help on anything thats new or they didn't hear about yet, because they sure as well won't go read a guide or an update list for it.

 

 

 

Anyways more onto your topic the money is losing its value but that isn't because of merchanters.

 

It's because of inflation caused by massive moneypumps, the biggest cause is of course high alchemy. We produce so much gold at the click of a button that it simply loses its value.

[zach312]

One of them goes "You must be bad at merchanting than". I told them I didn't merchant, and that I think raising, and making money from skills is better.

 

They FREAKEDDDD, saying that people who raised skills were noobs. I explained that raising skills is harder than going and buying and selling something over and over. They just kept thinking they were better than me, because they had more money...

 

 

 

Pretty much the same thing for me.. I don't merchant, I train, in fact, I don't do much of either. I wander about, do quests, help people out, talk to people, and occasionally work on skills and sell stuff I get from monsters. But I've had people come up to me saying "Why do you have this and that armor!?" and I'm like "Because I can't afford it" and well, same thing that happened to Loads lol. People like them are idiots and ruin the game.

 

 

 

 

 

i agree on all points. personally i JUST broke 10m net worth about a week ago, and i was lvl 95 at the time. magic is my money pit, because i hate training with high alchemy. methinks hits xp will be more userful in the long run, rather than quick magic xp.

[Cdub]

Frankly, I don't care for merchanting. In general, I find most world-2 merchants to be stingey, and difficult to deal with. Be it a generalization, and a derogatory one at that, generalizations form for a reason. I find it to hold correct mostly, but I know dozens of kind merchants, ones who will even lend out a few 100K now and then.

 

 

 

More on topic, merchants do not ruin the economy, they stabilize it. Well, this is assuming they buy goods to resell them. Those who attempt to manipulate prices, or those who buy and stow away rares to increase in price hurt the economy, and very much so. That's just my 2 cents, not any more valuable than yours. Just my 2 cents, yep.

[Lep]

I've noticed this a lot lately, and it's in a way ruining the game.

 

 

 

I never payed much attention to RS market, I bought items, I sold items, didn't bother to study anything about it.

 

 

 

But the last few weeks, I've been playing RS a lot, and trying to figure out how to make the best money. Obviously it would come down to merchanting. Merchanting isn't my thing, I don't really agree with it, because it's ruining the Runescape echonomy, and making skills less useful.

 

 

 

Well, since I didn't know much about it, I went to world 2, and forums, to see what would be best. To my surprise when I actaully studied this, I was shocked. People are coming to Runescape, at level 3, playing for a month, and making millions, sometimes 100,000,000s.

 

 

 

Thats not the problem though, if they want to make that much money they can. The problem is that it's making skills useless. I'm a guy that likes to fish, fletch, wc, mine, and use other skills to make money. Why? Because I would rather get XP, than money. Yeah, thats easy to understand.

 

 

 

Now when ever a new item comes out, prices go from being say 10m each - 30 mill each, because of merchanters. Yea... thats OK. but the problem is, prices are staying high, when it should be lowering. Thus making a BIG problem with Runescape echonomy.

 

 

 

What made me blow up was this:

 

 

 

Yesterday I'm in world 2, buying dhorak's plate and legs, a whip, and d sq. I got them all at a decent price, so I was happy.

 

 

 

I decided to go somewhere thats not so busy, so I went to more of an empty part of fally. To my surprize a few people(about 5-8) came by me, and asked me "why don't you have full dragon". I say "I can't afford it", meh I can't, I could if I wanted to fish for like a week straight, but I don't want to do that.

 

 

 

One of them goes "You must be bad at merchanting than". I told them I didn't merchant, and that I think raising, and making money from skills is better.

 

They FREAKEDDDD, saying that people who raised skills were noobs. I explained that raising skills is harder than going and buying and selling something over and over. They just kept thinking they were better than me, because they had more money...

 

 

 

Why does the amount of money you have define you? I spend money on skills, not items. I have spent about 10m just on items, to improve me look, but I wouldn't waste more.

 

 

 

What has RS come to? It once had a great echonomy, with steady prices, since RS2 came out, the echonomy has been totaled.

 

 

 

I agree 100% with you on all of this. With what you said, you remind me of, me. I too only have about 17M total, and it's from honest money making. Not merchanting. I never played RSC, but this merchanting stuff is bulls-spit. =;

[tewas]

Well problem is with players point of view. There is some people that like to raise skill (me) and some who wants to have loads of cash. Both sides are right but problem is when they pass judgment to different class of people. I get quite a bit insults when isay i rather dump my millions into construction/herblore or other expensive skills. This is what i hate, and most of those people are merchants. There is small "honest" merchants who buys items in lower price range and tries to sell in higher price range. These people are the ones that i respect, because they won't scam you, they won't make joke because you choose different path to your happines. However majority of "merchants" are little kids (not talking about age), who wants phats at any price. These people are dirty in merching and without any respect for other people. My suggestion: shoot them :) j/k.

 

 

 

EDIT: it's pretty similar situation with combat vs total skill people. For some reason lots of people thinking that combat lvl shows what you are and how good you are, but there is lots of people with 5 high stats (not just pures), that are offencive to skillers and basicly praising combat lvl more than they should.

 

 

 

.02

[n64jive]

I agree with you. Nowadays everyone merchants and everyone is rich. When a new item comes out, they have the money to pay millons for it. And since it starts high, it stays high and decreases slowly. Every rare is going up so fast :shock: i dunno what happened. I don't want to be the richest guy in RS, I want the GP to use it on skills. I'd rather spend my money on XP than on a rare thats only gonna give me '0mg niz phat can i have 10k plz?/'.

 

 

 

I agree with you completely. Hypothetically, if I had enough to buy a party hat (say...600M) OR put most of that into skills, i would dump that into my skills without a second thought. Party Hats are useless. Well, not entirely. On f2p worlds, they are noob magnets. 99 Construction, however, is a LOT more impressive, and I would much rather do that, then have a Party hat

 

 

 

what is with all this misuse of the word Hypothetically. Please use the Word Theoreticaly if your going to use it in that context. Also, you should not copy my spelling, because its prolly wrong.

 

 

 

Now with that said, merchanting isnt all easy as it looks, often you could end up losing money.

 

 

 

skills, arnt so easy either, and im just gonna say what everyone else intelligent said. It all depends on your preference.

[Artie_900]

I told them I didn't merchant, and that I think raising, and making money from skills is better.

 

They FREAKEDDDD, saying that people who raised skills were noobs. I explained that raising skills is harder than going and buying and selling something over and over.

 

 

 

Why does the amount of money you have define you? I spend money on skills, not items. I have spent about 10m just on items, to improve me look, but I wouldn't waste more.

 

 

 

Not to impugn how you choose to play the game, but there's nothing inherently superior about raising skills versus playing for money. A lot of people don't see the use of sinking time and effort into skills that you'll never be able to really get a profit out of. You can spend hours and hours of in-game play time getting to 99 smithing; but you're going to have to smith an inhuman amount of rune to make it worth your while. I don't see the sense in it, personally.

 

 

 

So some chump made fun of you for some reason. Big deal. This is not an isolated incident. That is what three fourths of the Runescape community will do for any reason they can find. Grow thicker skin and move on with your life.

[chenrko420]

im not sure if im merchanting but i buy rares n then i keep them in the bank n sell them like 3 months but then i spend it on my skills afterwards

 

 

 

also as for ur situation, ppl nowadays r too concern with money, guess everything in life is run by capitalism n everything has a price

[chenw]

There is one thing I would like to add : I think MMORPG, such as Runescape, is a strong reflection of the world we live in today. What does the thread maker's situation tell us? That money dictates the perceived 'quality' of a person, not his/her skills or personality. Who would be more famous? A master Computer Programmer or Bill Gates-like person? Obviously the latter, because society nowadays tries to value everything to this so called 'Cash', because they believe they can buy anything they wanted. Same thing is happening in Runescape, where poor people are looked down upon, and skillers are not as respected, because they don't care about skills, all they want is money.

 

 

 

They also yet fail to realise that it IS the skillers that generate a lot of supply and demand for the popularly merchanted raw materials, and it is the SKILLERS that provide a base for which market is built upon.