Wow. (RS Economy)

[jimbobjoe]

Why do people always say merchanters stabilize the prices?

 

 

 

If they buy a phat at 200m and thats the normal price they'll try to sell at 205m then buy another at 200m and sell at 205m and then the price goes up to 205m and he\she sells at 210m. They make the prices go up.

 

 

 

Merchanters = Greedy people

[drgnslyer_15]

(to the 1st post) well i own a rare and some expensive items.. I do mainly spend my cash on skills i just bought 85 smithing today i am psyched! you just gotta know how to balance rares and skills i guess

[Artie_900]

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.

 

 

 

Physical labor provides a base for the real-life economy, but you don't see a lot of people giving "mad props" to assembly-line refridgerator manufacturers as compared to captains of industry, now do you?

[Cooldude5353]

i like to do both but i dont merchant

 

 

 

i make my money from barrows.

[Adamfostas]

 

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.

 

 

 

Excellent, someone else has started being pedantic, so I can finish. Actually, you're wrong. 'Hypothetically' means 'Given the hypothesis that...' where the definition of hypothesis in use is 'something taken to be true for the purposes of the argument', which is what he needed ('If I had enough money to buy a party hat...'). 'Theoretically', by contrast, means 'On the theory that...' where a theory is a model of behaviour by particulars in a system. If he had said, 'If anyone had enough money to buy a party hat...') you would have been right.

[lokisilath]

im in the same position. im not too interested in cash and prefer to train up my stats and be self sufficient...meaning i dont need to buy stuff too much. however ive found after coming to members im being asked why i dont have barrows armour or a whip or full dragon etc etc...

 

so now im fishing like a mad thing so i can make cash for decent stuff but im not gonna start merching because it would mean less time training my lvls, questing, PKing, duel arena, pest control and castle wars...which all waaaaaaay more fun and satisfying than merching.

[bedman]

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.

 

 

 

Couldnt agree more.

 

 

 

I'm not really a merchant myself (did it a few times though), but i do understand why they do it.

 

They are indeed doing nothing wrong, at all. Its not that the price of new items is controlled by merchants. It are actually the skillers, who just got it by their skill, who decide how high they sell the brand new item. Then the merchants come in and play with the yet unknown prices. But do they manipulate them? Nope.

[henk333]

Let people play the game the way they want to. You want to skill? By all means go ahead, I know what it's like and love it very much. Other people like to merchant on a lvl 3 account, that takes skill too, you know.

 

 

 

To all you people saying that merchanter ruin the economy... sure without skillers there would be no merchanters, but without merchanters skilling would be a lot less fun then it is now. What would you do with a d med drop if nobody would buy it? Put it in your bank and have it collect dust? No, you want to sell it and buy raw materials to go back to skilling. So merchanters and skillers depend on each other, much more then some people would like to admit.

 

 

 

Play the game the way you want to, don't let some immature kid calling you names ruin your fun.

[fread_w]

I hesitate it add this. Merchanters arn't the only reason that prices are rising, inflation is also causing this. I don't have any statistics to back this up but, as people high alch things more gp is bought into the economy, because of this the value of a single gp drops. This will meen that more gp is needed than a year ago to buy someting of the same value. The reason people buy rares or invest in items is because they hold their value. I do agree that merchanters cause prices to rise but i am just stating another reason that prices are increasing.

[Duke_Freedom]

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

 

 

 

I like to make a difference between merchanting (buying & selling in a very small timeframe with the intention to profit from the natural price ranges that items have) and investing (buying an item to 'speculate' that it's price will be higher at a later time with the intention to sell it for profit).

 

 

 

The reasons for this are simple: while merchanting might not have (much) effect on the prices of items, including rares, investing in rares certainly does have a large effect on their prices.

 

 

 

Merchanters are not neccesarily investors though (although in practice, most merchants are also investors). However, tons of skillers are also investors as well.

 

 

 

Why do people always say merchanters stabilize the prices?

 

 

 

If they buy a phat at 200m and thats the normal price they'll try to sell at 205m then buy another at 200m and sell at 205m and then the price goes up to 205m and he\she sells at 210m. They make the prices go up.

 

 

 

How come the merchants are able to sell at 205mil when they buy at 200m? You see, the answer to this rhethorical question is the answer to why merchants don't have anything to do with the price rises. :wink:

[Scotteh]

Two words: Pixel Wubbers :3>

 

 

 

 

 

Really though, I have a mate who is better than me in 3 skills. I have 200+ extra levels than him and over 12M experience more than him - yet he thinks he's god because he can afford red pixels? =; :-k

 

 

 

All he did was merchant Guthans pieces and rip some guy off on his Warspear. It's quite sad really, merchants are always pixel wubbers :shock:

[dark_lord_fil]

[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.

 

 

 

Why?

 

 

 

It is a hypothetical situation, a proposition (that he has the money) used for the sake of his argument.

 

 

 

it is not a theory, he does not need nor intend to prove his statement to be correct.

 

 

 

Well thats my understanding anyway.

 

 

 

Back on topic: If everyone bought and sold everything at the same price, there would be no merchanting and no easily accesible large amount of any particular good. It is not the selling for a small profit on non-rare items that causes problems for the economy, probably the opposite, but trading in rares as people are ever more desperate to have them, merchanting of rares is driven by greed as they have the highest profit margin, if people stopped paying these ridiculous prices the merchanters would be ruined. This would perhaps fix the current problem, it could however lead to a recession, which doesn't sound fun.

[Lep]

Merchanters should go to hell. All it is, is abusing the game it was meant to be played. :evil:

[meb]

The only annoying thing about merchanters (the bad ones, and there's A LOT of those)is that they try to buy stuff wya ot cheap and sell it way to expensive. I couldn't care less if they only merchanted rares.

[Bloodveld]

All he did was merchant Guthans pieces and rip some guy off on his Warspear. It's quite sad really, merchants are always pixel wubbers :shock:

That's called a scammer, not a merchanter.

[Riktar]

I don't like the idea of merchanting and I probably never will merchant. I also think that merchanters are responsible about the high raise of prices. But does making a topic about this change anything? Merchanters will not stop, whatever we say about them. It's pretty sad, but it's like this.

 

 

 

As for people who think they are better than you because they got more money... well, there's always people like this, even in real life. Just ignore them: they can think whatever they want.

[malo2]

mygod, do you know what an economy even is??

[highlanders]

Ya that's the problem with merchanting, everyone does it because skills suck at making money. And what's the point of raising skills if it's not to make money? Pointless..

 

Bah, that's life.. :boohoo:

[stanford]

At least we can all agree that nothing in Runescape requires skill. It's true.

 

 

 

If you have tons of money or alot of experience in a skill it only means that you are capable of pointing and clicking at the same spot on the screen for hours at a time, several weeks pass.

 

 

 

In the end what do you have to show for it? Mad point and click in the same spot skill?

 

 

 

Luck, patience, knowledge...

[cotamatias]

I agree with the thing that merchats are killign the rs economy.

 

PS: You may want to edit your spelling of economy, there is no h.

[nightshade53]

mygod, do you know what an economy even is??

 

 

 

Im no economic expert, but how do buisnesses work? Merchanting..

 

What would you rather be, Vice chairman of a medium-sized buisness, or work on an oil rig..?

 

 

 

:P Ignore this if im talking out of my a55 :P

 

 

 

Oh yeh, and *most* merchanters that I have met are quite rude!

[Flame_guy3]

Look people. You all say merchanting is terrible but really look at it like this. Merchanting is the skill with no xp. Instead of XP you have items and gp to show for it.

 

 

 

Without merchanting rares would be bought and sold wayyy less.

 

 

 

So people, I say merchanting is a skill on its own. Remember the wise words of Flameguy3 as i go back to running away from the KQ and im wondering WTH am i doing here

[ebuka]

i hate merchanting on runescape forever. :wall:

 

u get better satisfaction from making money from skillz :D

[WARnold]

Sorry to burst your bubble mate, but merchanting has always been around. Now that there are a lot more items in rs2 it has grown proportionally, but saying that it "ruins the economy" is totally illogical.

 

All free economies, like runescape's are controlled by supply/demand.

 

I also think that most people spend money on skills and items instead of hoarding it, so there's no reason to get all panicky about this at all.

[jimbobjoe]

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

 

 

 

I like to make a difference between merchanting (buying & selling in a very small timeframe with the intention to profit from the natural price ranges that items have) and investing (buying an item to 'speculate' that it's price will be higher at a later time with the intention to sell it for profit).

 

 

 

The reasons for this are simple: while merchanting might not have (much) effect on the prices of items, including rares, investing in rares certainly does have a large effect on their prices.

 

 

 

Merchanters are not neccesarily investors though (although in practice, most merchants are also investors). However, tons of skillers are also investors as well.

 

 

 

Why do people always say merchanters stabilize the prices?

 

 

 

If they buy a phat at 200m and thats the normal price they'll try to sell at 205m then buy another at 200m and sell at 205m and then the price goes up to 205m and he\she sells at 210m. They make the prices go up.

 

 

 

How come the merchants are able to sell at 205mil when they buy at 200m? You see, the answer to this rhethorical question is the answer to why merchants don't have anything to do with the price rises. :wink:

 

 

 

I know its a rhethorical question but if 1 posts selling at 205m and others see they can get 5m more than all thats sell the phat will no longer sell at 200m but at 205m now.