I am not sure if somebody else mentioned this, If so, then maybe this could be a continuation, and i apoligize.

 

 

 

 

 

 

 

 

 

 

 

THE RUNESCAPE ECONOMY

 

 

 

 

 

 

 

I stopped playing this game for 4 months. Was busy playing battlefield 2 special forces. One of the greatest game ever. But, After i was promoted to a L. General, i got all the unlocks, and got bored. One thing i love about this game is the economy. gives you a real glimpse of the stock market in real life. ( i think there should be a stock market in runescape too!) When I left, these were the prices of coal. 300 each. Good, i can make money by selling it. I come back, sombody calls be a noob for selling for 250 gp each. :shock: Okay, so it is around 150. Full rune? somebody selling for 175k. Nobody selling for 200k! It seams everything dropped. EVERYTHING! Why? How can the price drop? isn't coal ALWAYS in demand? infact, i can barely find anbody who sells more than 1k at a time! is that becuase of the price drop? Why did full rune go down? where more people able to make full rune? These rares, do them going up in price have an impact? I saw somewhere, somebody, made a autobot. A duplication program. Duplictaed party hats into the thousands. He got banned, along with his fortune. Why do the things i need so much go down in prices? sure, good for me. But the things i sell seem to have dropped too. I was gona get my runecrafting up to 54, to make laws. How much can i sell them for? are they high in demand? this pure ess thin, 100 each? from my buisness in varrok for 25 each, i have to pay 100? More? could somebody explain all these majour changes?

The runescpae economy was in a state of inflation, the money drain that construction was took gp out of the game, making our gp worth more, its not how much items cost, but how much we can buy with our gp.

 

 

 

 

 

 

 

You shouldn't do to badly making laws, because of the stable pure ess prices, laws can go for upto 350 ea.

 

 

 

 

 

 

 

but due to the wacky economy, rares aren't affected much by inflation/deflation.

 

 

 

 

 

 

 

think of it this way, the gp you have now, is worth more than the same amount of gp you had 5 months ago.

 

 

 

 

 

 

 

Hope that covers it.

xvillexvalox is not exactly correct.

 

 

 

 

 

 

 

We have inflation, which causes the total GP to go up.. things cost less, because more and more is in the game. Full rune is cheaper, not because more people make it, but because since they made it, its got so many sets in the game.

 

 

 

 

 

 

 

Now, the rares actually suck up MOST of the inflation, that is, they are what goes up in price. The rest of the stuff drops in price, because the rares keep costing so much.

I have never recalled coal being more than 200 each. ever. But meh, inflation suxorz. :wall:

I have never recalled coal being more than 200 each. ever. But meh, inflation suxorz. :wall:

 

 

 

 

 

 

 

- Probably because coal has never been much more then 200gp each. :P

 

 

 

 

 

 

 

- Full rune price hasn't changed in like forever.

 

 

 

 

 

 

 

- Price of pure essence did go up, the result of the splitting of essence into pure and regular essence.

xvillexvalox is not exactly correct.

 

 

 

 

 

 

 

We have inflation, which causes the total GP to go up.. things cost less, because more and more is in the game. Full rune is cheaper, not because more people make it, but because since they made it, its got so many sets in the game.

 

 

 

 

 

 

 

Now, the rares actually suck up MOST of the inflation, that is, they are what goes up in price. The rest of the stuff drops in price, because the rares keep costing so much.

 

 

 

 

 

 

 

Xvilllexvalox basically hit it. Construction destoyed hundreds of millions of GP in the game, making the GP worth more. Rares don't suck the money up, and it's not only because hardly anyone buys them, but because the money stays in the game unlike constuction. If it was due to massive inflation, you'd be paying more for coal and rune because the GP is worth less.

Construction doesn't even impact the amount of GP in the game now. It did when it was released, but the hype for it has long died down.

Wacka is right. The hype still keeps ppl in panic-like state :D

 

 

 

 

 

 

 

I think the author remembers wrong, coal can't be 300 ea. Not even when i was mining and certing coal. 200 seems the absolute max for coal.

 

 

 

 

 

 

 

Full rune has come down a bit, you can now get full with scim for 190k from forums.

 

 

 

 

 

 

 

And about that duping, it has been so long that you can hardly say it affects the economy much. Along with bannings and stuff rares disappear in game and it's natural that the price goes up since we have so much money in here and it just keeps on coming. I really think someone has missinformed you about the dupe, search from a popular searchengine info about xx jut xx, his site has something about the dupe.

First of all, its not inflation. Its DE-flation. Inflation is what happens when value of money drops, and prices of items goes up. Deflation means that value of money goes up, and item prices drop.

 

 

 

 

 

 

 

Since runescape isn't a true economy since alching and monster drops make money out of thin air, its not really the same as the real world, but still, what it experiences is deflation, not inflation.

 

 

 

 

 

 

 

Party hats experience inflation. Producable items experience deflation. (More players join, more players level, more players produce)

 

 

 

 

 

 

 

Sorry, everyone saying its inflation bugs me. lol.

thanks for wasting my time with this completely irrelevant thread, however i will post for no apparent reason :wall: just because full rune has dropped doesn't suddenly mean there are 1000s of 99 smithers in runescape, it could simply mean more and more people are playing = more monsters killed = more lvl 3 clues dropped = more rune armour about #-o

Construction doesn't even impact the amount of GP in the game now. It did when it was released, but the hype for it has long died down.

 

 

 

 

 

 

 

 

 

 

 

it really only effects $ on a personal level not by a grand scale like it did in the first month or so. now it turns your 20mil into 10mil and you have a reasonable home to never use.

We need R2Pleasant to come and tell us that the economy is messed up and it needs fixing. :P

 

 

 

 

 

 

 

Game's still going strong :D

Why do you have to make a million topics about it? The tipit times ist here for a reason...

 

 

 

 

 

 

 

And gen p2p? Really is it p2p related? :roll:

Why do you have to make a million topics about it? The tipit times ist here for a reason...

 

 

 

 

 

 

 

And gen p2p? Really is it p2p related? :roll:

 

 

 

It's where all the antedated economy posts except for the limited numbers that went to general. Basically, gen P2P is for the P2P'ers world, and gen for the f2pers.

 

 

 

 

 

 

 

Hence, we post here.

 

 

 

http://forum.tip.it/search.php

is p2p because it has more economy related to it..

 

 

 

 

 

 

 

off topic.. i got a alching group, 20 people right now, we all alch + other things every day, and we make sure we get tons of gp into the world, lmao. ((we actually produce a nice ammount of gp back into the world, our numbers are growing!!))

easy, there are much more people making rune. That simple. Coal is lower because more people are mining it, and less people have a need to smith because there is no point since rune prices are so low.

is p2p because it has more economy related to it..

 

 

 

 

 

 

 

Ahaha. I would like to remind you that 75% of the players are F2P...

only i can think about is that you logged on after the con update, when there was a temporary deflation, but as ever, rs is affected by inflation, alchers make more and more money, about the double of what comes in if i am not wrong

 

 

 

 

 

 

 

i suggest reading the tip it times for more info (several aritcles about the economy)

Supply and demand are still important. Demand keeps rising with more players and higher levels, so logically prices should rise too. It does with items like bowstrings, that still depend on players making them. Price of coal was high because it used to depend on miners. But updates changed that. You can now buy coal for about 100ea in Blast Furnace. More important was the update of Miscellania Kingdom. You can now use the kingdom to get large amounts of coal for less then 100 each. That ruined the coal market.

 

is p2p because it has more economy related to it..

 

 

 

 

 

 

 

Ahaha. I would like to remind you that 75% of the players are F2P...

 

 

 

 

 

 

 

 

 

 

 

But they dont matter because were talking in a general p2p sub-forum topic.

 

 

 

 

 

 

 

I think calling Runescape's "economy" an economy is ridiculous, the items keeping the money in balance are party hats, which only the rich have because of how over-priced they are, and their price just keeps going up. So the rich get richer in the long run. I think with how much GP that comes into the game every day, that things would be a heck of a lot cheaper than what they are.

But they dont matter because were talking in a general p2p sub-forum topic.

 

 

 

 

 

 

 

I believe coal, full rune and rares are quite F2P. :roll:

 

But they dont matter because were talking in a general p2p sub-forum topic.

 

 

 

 

 

 

 

I believe coal, full rune and rares are quite F2P. :roll:

 

 

 

Perhaps this was done in the thoughts that members tend to have more economic influence per capita instead?

Perhaps this was done in the thoughts that members tend to have more economic influence per capita instead?

 

 

 

 

 

 

 

That's true, but the relevance of F2P for RuneScape's economy remains huge, because it are a lot more people. Especially for markets like coal, yew, iron, etc.

This isn't exactly inflation. Inflation is when there is alot of money in a place and it causes the prices to go up, which is the opposite of what is happening, there in fact is alot of money in runescape, but instead the prices are going down, why is that? That's because each time, more people are able to produce full rune, or mine coal, or cut yews, or anything, supply and demand. That solves the prices question, but what about all the money that was created? Rares, as there is more money, people use it to buy/merchant rares (that makes them go up in price, along with the fact that they are becoming rarer, there's a reason they're called rares). I think that solves your question, if it wasn't answered before, i was to lazy lo read the whole post :D