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Rare inflation

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I Jonyfrecle

I Jonyfrecle

Posts: 3,702 Adamant Posts by user Forum Profile RuneMetrics Profile
The Moo said :
There is actual inflation, don't use black masks as everyone only needs one, the true indicator is skilling supplies, just look at rocktails and mahogany planks from the price in november 2019 til now.

I totally agree that there is actual inflation.

And I appreciate what you're saying, skilling supplies are a good indicator, but 1 year is not a big enough time frame to observe inflation. You're more likely to see price changes as a result in a change of supply and demand rather than inflation.

If you take a look at the RS Wiki graphs which span over 10 years you can get a better idea of how inflation has affected its price.

14-Dec-2020 17:42:00 - Last edited on 14-Dec-2020 17:45:34 by I Jonyfrecle

Meowing Cat

Meowing Cat

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The Moo said :
There is actual inflation, don't use black masks as everyone only needs one, the true indicator is skilling supplies, just look at rocktails and mahogany planks from the price in november 2019 til now.

Alot of skilling supplys such as rocktails and others are due to the Herb update. im guessing maho planks is some what related to the portable workbench. Meow, Meoow miv moaw. **hhhh SHHHG MOAW MIIIIVVVVVVVV! =^.^=

15-Dec-2020 13:03:15

Meowing Cat

Meowing Cat

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Toke my time to try and explain the Inflation for those that still believe inflation on this mass scale is not happing or trys to deny facts of the inflation in thier self intrests (personal wealth)

this is gonna be posted in 2-4 messages. of 5700letters. :)

For those that still don't see how dual arena is the reason for hyper inflation of limited items etc. Just look at Blue and white now. same price capped at max shards+max cash +/- it wont be far before it happens to the rest of the limited rares and when those items all hit that golden number, People will see other items that might be limited or hard to get start getting inflated. and thats were the real problem starts happening. aka someone having a chance to suddenly get 20B+ out of no were. which in the long run will start to hyper inflate the HOLE runescape economy.

To explain why staking is the main reason now. which also ties into real world problems as everyone can see Covid pushed alot of people back into runescape. but things like OSRS Duel Tax and such also had a effect on more stakers using runescape 3 instead of oldschool due to the tax.

heres and exsample of how the inflation is going which also ties into RWTing. and such.

We will call the People Staker1[S1], Staker2[S2], Rwtstaker1[R1], Rwtstaker2[R2], ItemTrader1 and Goldseller1

And keep in mind how ever you guys want to put it, the Staking part is gambling and always have been. even thought people say ''i don't have a gamble problem'' i don't think anyone knows anyone that legit quit staking after winning big. its always when someone is completely cleaned. Meow, Meoow miv moaw. **hhhh SHHHG MOAW MIIIIVVVVVVVV! =^.^=

15-Dec-2020 14:56:58

Meowing Cat

Meowing Cat

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Lets start.

Staker1 might have started with a 25mil bank. gambled his way up to 40B. decides to do a larger gamble. for a Yellow partyhat with 26B in shards and a santa. against Staker2 which have a Phat and around 40b i shards. Staker1 wins the gamble. and staker2 wants to rematch. thought staker1 only wants to win rares due to already having nearly max shards. so he asks for Staker2 to stake him a Rare item(s) worth the 26B or more.

now Staker2 needs to buy a rare item. and will end up having to overpay the due to the ''public selling'' prices are always higher than what the sellers buy those rares for.
Staker2 findes a ''deal'' with ItemTrader1 of paying 27b for another Yellow party hat. which had a listing price of 26b. he buys it due to being in a semi rush for a rematch. now here is the thing. those sellers. is always on and buying a selling for the most part.
so those prices with always go up and up.. now that theres is a demand for items with higher value. Meow, Meoow miv moaw. **hhhh SHHHG MOAW MIIIIVVVVVVVV! =^.^=

15-Dec-2020 14:57:06

Meowing Cat

Meowing Cat

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now here a more common than people think problem that also leads into the inflation of item prices.

Yes. Real World Trading.
firstly. jagex have limits on bonds. so even if someone was to be stupid enough to buy bonds to fund gamling for later selling the gold. it's not big problem here.
the problem starts as follows.

RWTStaker1 have bought around 2B and ''Legit'' gambled to a 200-300B bank.

RWTstaker2 have sole come to runescape for gambling have have put around 13.000$ Worth of gold to gamble with buying from Goldseller1. Which is around 130B.

Staker1 have now a 75B bank from Gambling with staker2.

here comes the ''Story'' if we can call it that.

R1 is doing 5-10B stakes with R2 and R2 goes on a loosing spree. and looses 100B to R1 and R2 Decides to stop staking with R1.

R1 have now decided that his winnings is soo much that he wants to cash out. and sells his ''Winnings'' around 350B to Goldseller1 and Goldseller1 pays 21000$ for the items and such.

now Goldseller1 don't just sell to gamblers. but also normy players. so Goldseller1 have to exchange those rares to shards and coins. Goldseller1 Trades 50b worth of items/rares to ItemTrader1 for shards at ItemTrader1 Buying prices. 500-2000m under the selling prices.
Goldseller1 can now sell gold to Players, Gamblers and such.

Mean while R2 have lost the Remaining 30B to other stakers such as S1,S2 and maybe even another RWTStaker. R2 still have Money from other gambling wins in the past. so he Decides to buy 50B for 4900$ from Goldseller1 and Goldseller1 have earned 1900$ on reselling gold. and R2 have gotten his 50B to gamble with

Now R2 goes out and buys 4 Santas at 3.5B Ea from ItemTrader1 which ItemTrader1 bough for around 3.3B ea the day before. and now the buy price is 3.5B for ItemTrader1 from now on. due to ItemTrader1 posting his trades in price check places(discord,forums etc) Meow, Meoow miv moaw. **hhhh SHHHG MOAW MIIIIVVVVVVVV! =^.^=

15-Dec-2020 14:57:19

Meowing Cat

Meowing Cat

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Now with all that not accounting for Swappers from OSRS to RS3 and RS3 To Osrs. which also have an impact due to more wealth and such comes from gold farmers(bots) in OSRS than RS3 due to playerbase.
alot of people don't see the impact of the dualarena's staking option aka Gambling since at its core its 50/50 gambling and some even have ways to get an edge. but when all does it. its hardly an edge anymore.
The inflation how lead Item traders to find more markets to explore. such as we see with TH Tokens and rewards which have started the inflation to enter normal players day to day. people have suggest adding plat tokens like OSRS but when gambling is done with in the Trillons.
and with how shards in under a year have been out played. and token that cost 1000-100000. would end in the same fate regardless of what you do. since at the end of the day its the buying and selling that leads to the inflation from gambling.

yes this is to a certain extent just a Theory BUT everything within the theory is facts of how each of those markets play in to the duel arena. and how the inflation have skyrocket markets.

I personally can't see how anyone would be against removal of gambling in a underage(13-18) game. and secondly next to everyone knows someone that purely quit due to staking.
i hope people will start caring about the game instead of their self interests, rule breaking, and destroying the long term of the game. Meow, Meoow miv moaw. **hhhh SHHHG MOAW MIIIIVVVVVVVV! =^.^=

15-Dec-2020 14:57:31

Meowing Cat

Meowing Cat

Posts: 67 Iron Posts by user Forum Profile RuneMetrics Profile
Now with all that not accounting for Swappers from OSRS to RS3 and RS3 To Osrs. which also have an impact due to more wealth and such comes from gold farmers(bots) in OSRS than RS3 due to playerbase.
alot of people don't see the impact of the dualarena's staking option aka Gambling since at its core its 50/50 gambling and some even have ways to get an edge. but when all does it. its hardly an edge anymore.
The inflation how lead Item traders to find more markets to explore. such as we see with TH Tokens and rewards which have started the inflation to enter normal players day to day. people have suggest adding plat tokens like OSRS but when gambling is done with in the Trillons.
and with how shards in under a year have been out played. and token that cost 1000-100000. would end in the same fate regardless of what you do. since at the end of the day its the buying and selling that leads to the inflation from gambling.

yes this is to a certain extent just a Theory BUT everything within the theory is facts of how each of those markets play in to the duel arena. and how the inflation have skyrocket markets.

I personally can't see how anyone would be against removal of gambling in a underage(13-18) game. and secondly next to everyone knows someone that purely quit due to staking.
i hope people will start caring about the game instead of their self interests, rule breaking, and destroying the long term of the game. Meow, Meoow miv moaw. **hhhh SHHHG MOAW MIIIIVVVVVVVV! =^.^=

15-Dec-2020 14:57:31

I Jonyfrecle

I Jonyfrecle

Posts: 3,702 Adamant Posts by user Forum Profile RuneMetrics Profile
Interesting theory Meow. I suppose the only way we would know for sure is to see what would happen if the duel arena were removed.

I also agree that the duel arena has its problems. I've been to casinos (I'm over 21) and I've staked at the duel arena, and I have to admit, the feeling you get at the duel arena to risk big money or try and win back what you've lost, is strikingly similar to the sensation you feel when gambling money in real life.

I still feel the duel arena has its place in runescape, but it would be sad to think that people are investing real money to buy rs gold so they can gamble in game. It would also be sad to think that normal players quit because they get caught in the "win back what you've lost" trap and eventually leave with nothing.

If the duel arena really has been responsible for the inflation of rares this year, I personally don't believe that would be a good enough reason to make changes to the duel arena, I see that as a natural change in supply and demand within the market.

However, if the duel arena has become an outlet for gambling then it's time to make a change.

I see no reason why RS3 shouldn't follow suit with what OSRS has done

1) Introduce platinum tokens like in OSRS so people can only stake cash values in the duel arena
2) Introduce duel arena tax (1-5%) to dissuade players from using it as a gambling outlet

The reason step 1 is important is so that step 2 can be introduced. Because you can't tax an item.

15-Dec-2020 19:02:08 - Last edited on 15-Dec-2020 19:09:08 by I Jonyfrecle

Meowing Cat

Meowing Cat

Posts: 67 Iron Posts by user Forum Profile RuneMetrics Profile
I Jonyfrecle said :
Interesting theory Meow. I suppose the only way we would know for sure is to see what would happen if the duel arena were removed.

I also agree that the duel arena has its problems. I've been to casinos (I'm over 21) and I've staked at the duel arena, and I have to admit, the feeling you get at the duel arena to risk big money or try and win back what you've lost, is strikingly similar to the sensation you feel when gambling money in real life.

I still feel the duel arena has its place in runescape, but it would be sad to think that people are investing real money to buy rs gold so they can gamble in game. It would also be sad to think that normal players quit because they get caught in the "win back what you've lost" trap and eventually leave with nothing.

If the duel arena really has been responsible for the inflation of rares this year, I personally don't believe that would be a good enough reason to make changes to the duel arena, I see that as a natural change in supply and demand within the market.

However, if the duel arena has become an outlet for gambling then it's time to make a change.

I see no reason why RS3 shouldn't follow suit with what OSRS has done

1) Introduce platinum tokens like in OSRS so people can only stake cash values in the duel arena
2) Introduce duel arena tax (1-5%) to dissuade players from using it as a gambling outlet

The reason step 1 is important is so that step 2 can be introduced. Because you can't tax an item.

The text as a hole is a theory. made of facts.... people buy and sell to gamble in the arena.
having a ''Alt'' Currency. essentially would never help on rs3 due to the fact theres items which are discontinued. and tradable. and at the same time wearable. aka ''wealth symbol''

Duel arena staking ''Stake'' is a term for gambling. it is gambling. its not like staking is a skill based fight. (RS3 Poly pore staff only etc)

but eitherway people need to be aware. Meow, Meoow miv moaw. **hhhh SHHHG MOAW MIIIIVVVVVVVV! =^.^=

15-Dec-2020 19:57:01

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