RuneScape Forum Archive | GE tax & Rares

Jan

2015

Tenebri

Posts: 39,200 Sapphire Posts by user Forum Profile RuneMetrics Profile

considering they did this to replace the gp sink from death costs. i dont see it really having any effect.

and eventually we will be using ge for the rares when the max cash update happens
200m all RS3 on 7/3/19

1.2Billion overall Slayer xp / Ultimate slayer title

OSRS 2277/2277 Untrim slayer cape

Hail Satan, He loves for who you are.

09-Jan-2023 17:10:49

Destruction

Posts: 63,021 Emerald Posts by user Forum Profile RuneMetrics Profile

Already billions of gp went down the drain

The action or process of causing so much damage to something that it no longer exists or cannot be repaired.

09-Jan-2023 18:42:00

RSGOTMEFATT

Posts: 302 Silver Posts by user Forum Profile RuneMetrics Profile

Tenebri said :
considering they did this to replace the gp sink from death costs. i dont see it really having any effect.

Not everyone pvms but almost everyone uses the GE.

Grand Exchange: Finished buying 1 x Christmas cracker

09-Jan-2023 19:23:35 - Last edited on 09-Jan-2023 19:25:34 by RSGOTMEFATT

Jul

2008

Andromeda

Posts: 9,296 Rune Posts by user Forum Profile RuneMetrics Profile

I just died at the safes in Rogue's castle and had to pay 13k gp to reclaim my items. The exact same inventory cost me over 500k earlier this day, before the update.

(Sidenote: apparently the volcano shard can one-shot you lol)

Seems like the death cost nerf will slightly make up for the upcoming GE tax.

My take on this is that, when this panic is over, rares should still remain valuable and would be a good investment - even if the new "max cash" would be in the quintillions (9,223,372,036,854,775,807 gp)

Owning a discontinued item that also holds prestige would be better than sitting on a massive cash pile when there's always inflation.

And when high end players achieve their max gear, they'll want something else to go with it. Dyes, rares, third-age, you name it. For most players this would ideally be a black santa or party hat.

Messier31

09-Jan-2023 19:34:05 - Last edited on 09-Jan-2023 19:36:55 by Andromeda

Feb

2021

Jesica

Posts: 272 Silver Posts by user Forum Profile RuneMetrics Profile

Seeing there is no upper cap on tax like oldschool(5m), once the max cash limit removed the tax will be biggest money sink ever in game. hopefully it will heal the game from all the dupes happend.

09-Jan-2023 20:30:53 - Last edited on 09-Jan-2023 20:34:52 by Jesica

Jul

2008

Andromeda

Posts: 9,296 Rune Posts by user Forum Profile RuneMetrics Profile

Jesica said :
Seeing there is no upper cap on tax like oldschool(5m), once the max cash limit removed the tax will be biggest money sink ever in game. hopefully it will heal the game from all the dupes happend.

I might have missed this. Could you show me where you read this?

Messier31

09-Jan-2023 21:07:42

Feb

2021

Jesica

Posts: 272 Silver Posts by user Forum Profile RuneMetrics Profile

cap in oldschool? i read it during tax poll. information also in wiki. https://oldschool.runescape.wiki/w/Grand_Exchange#Convenience_fee_and_item_sink

for rs3 no cap mentioned in update so there is none.

09-Jan-2023 21:16:42

Jul

2008

Andromeda

Posts: 9,296 Rune Posts by user Forum Profile RuneMetrics Profile

They could have overlooked it. I doubt they think paying 2b tax when buying a 100b item is reasonable. I already knew about the oldschool cap.

Messier31

09-Jan-2023 22:02:46

Apr

2019

Alsinda

Posts: 1,179 Mithril Posts by user Forum Profile RuneMetrics Profile

i predict a backfire in this GE taxing as solving the real problems of the game which was rares sucking the life out of it. This will just further the wealth gap because the wealthy will not use the GE and everyone else in the game will. All this will do is speedy the Gap that was already happening from the rare market sucking the life out of the game at a steady pace. Now it's going to go in high gear and the majority of the folks in the game will just constantly lose their coins. I hope Jagex has better plans than this to attack the rare market.

10-Jan-2023 19:53:24

Bouss

Posts: 175 Iron Posts by user Forum Profile RuneMetrics Profile

If they accidentally enter deflationary state in the game at some point, it would not really change much other then large selloff at the beginning into large buy orders once prices are compelling since there is really no real economic system inside the game like debt that would cause issues.
I think rares do what they always did. Peoples who have excess GP will continue to hoard them because there is literally zero reasons to hold gold if it's on delta+ and maybe margin on some more common goods might get bit tighter especially those that were overpriced by manipulation.

If grand exchange had some sort of item "burn" system then entering deflationary state sometimes could be usefull since it would allow to make peoples sell their hoarded stuff into market and then the game could remove portition of those items into gold to create artificial demand especially in things that are not bought due to low playerbase Bulls make money, bears make money, pigs get slaughtered

11-Jan-2023 01:46:38 - Last edited on 11-Jan-2023 01:53:12 by Bouss

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GE tax & Rares