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Splinter

Splinter

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*This is just a possibility for short-term RWT and coin laundering through long-term legit profits:

Step 1) Dupe GP and Rares
Step 2) Use duped GP on RWT/bug abuse alts to push up prices on rares through GE and street trades that have already been hoarded on main accounts.
Step 3) In addition to buying rares with duped GP, sell duped GP through RWT, as most people prefer cold hard GP instead of rares with fluctuating prices.
Step 4) Sell a small percentage of those rares on your main legit accounts through GE/street trades at inflated prices (do not interact/trade with bug abusing alts to avoid risk of link/getting mains banned)
Step 5) Get the alts banned with as many authentic rares as possible.
Step 6) Create video of duplicating said rares. Include shards in the clips to help us justify why said “duplicated” rares have been climbing in prices through GP inflation (even though the rares shown in the video have been climbing much faster than any other high valued items, such as t92 weapons and dyes)
Step 7) Share clips with one of the most subscribed Youtubers and cause hype throughout the community to sell off rares duplicated in video.
Step 8) Buy back even more of these rares to hoard at low prices with the full knowledge that your alts being banned caused the volume of these rares to drop drastically.
Step 9) Enjoy long-term profits through legit means on mains with a stack of these lower volume rares.

*Modified

I wanted to add another important thing to consider:

Why would they waste their time duplicating the cheapest partyhat, yellow, multiple times in the clips if time is of the essence for them when whites and blues could be sold for over double the yellow value?

It makes me wonder if they had a vested interest in yellows to try to also crash yellows, like how the lower rares did after the video was released, in order to stock up more.

It would be easier for mains to stock up on the cheapest hat at 10b, as opposed to 25b blues.

21-Jun-2020 13:59:54 - Last edited on 21-Jun-2020 14:19:45 by Splinter

RichKngMidas

RichKngMidas

Posts: 175 Iron Posts by user Forum Profile RuneMetrics Profile
@ splinter At the time this news came out, I did notice a few players buying all yellows 10b ea. Seems like a counter-intuitive item to buy if the consensus was that it was an item that was just massively dupped. I personally think your theory is more than plausible.

Plus, all of these items continue to rise in their prices.

Aside from the minor panic dump, if there was really a massive increase in the supply of these items, the opposite would be happening. They would have crashed, and hard, to lower prices than ever before. But that isn't what is going on right now, is it ?

Really makes you think I'm known as Rich King Midas, and when you look at me, you'll see a king who knows a thing about his treasury. I never cared for women. I've never cared for wine. But when I count a large amount of money - ha ha - it's divine!

21-Jun-2020 19:36:28 - Last edited on 21-Jun-2020 23:10:25 by RichKngMidas

le me
Aug Member 2012

le me

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333333333 said :
Did Jagex solve it? Did players get banned?

Seems like the people behind this are experienced in doing this kinda stuff and probably have little interest in the game, even if they do they probably have their mains safe because they play behind vpns.
I don't really get all this conspiracy theory behind them pumping/dumping rares. I geneuinely believe they in it just for the real world profits.

With that said, the bug isn't really fully patched they just keep adding bandages to it to make it harder and harder to reproduce, and it seems like the group is still trying to reproduce it.

Seems like the safest bet atm is to either move your wealth into cheap stuff they wouldn't bother duping or maybe shards, just in case they decide to mass dupe rares. Even if they dupe shards, another 4t in economy won't make that much difference.
But if they start duping rares oh boy... Assuming they can dupe them for a couple days undetected ofc

24-Jun-2020 18:34:09

Splinter

Splinter

Posts: 1,051 Mithril Posts by user Forum Profile RuneMetrics Profile
Yeah, there is always the possibility to reproduce another duplication variant again.

However, I just personally think these types of groups probably prefer to dupe shards over rares every time since there’s an average rate per mill on gp instead of rares with fluctuating prices. Additionally, I just think that selling duplicated shards would have a much longer lag effect before anyone starts noticing any dramatic changes to the overall RS economy. On the other hand, if you tried selling off 100 of each duplicated Partyhat, the influx of this many Partyhat sellers would be much easier to observe under short notice, which would just make the prices drop much faster than what the average rate per mill would drop. Idk, I could be completely wrong. There is the possibility that they don’t even care about RWT and they just want to watch the rares market burn lol.

24-Jun-2020 19:06:19

le me
Aug Member 2012

le me

Posts: 11,569 Opal Posts by user Forum Profile RuneMetrics Profile
yes but think it like this, with shards they can only dupe 53b per account they trade, now if they add items they can just print out money at faster and faster rates. Shards are just very limiting in that sense.

It would only make sense for them to dupe rares, only reason i can see them not doing it is being afraid they get caught faster

24-Jun-2020 19:21:15 - Last edited on 24-Jun-2020 19:38:50 by le me

RichKngMidas

RichKngMidas

Posts: 175 Iron Posts by user Forum Profile RuneMetrics Profile
I keep a lot of my gp in spirit shard packs (5000 shards per pack, 125k gp). Imagine if these packs were tradable. They would have been able to dupe 268,435,455,875,000 (268 trillion) per trade. Lol.

I still believe they targeted shards primarily because there has to be some sort of mechanism to track rare items. Jagex knows the numbers in the game. If these numbers start, suddenly, to go up, it means there is a dupe taking place. I imagine there would be some sort of automated system in place to track that. Shards and GP, on the other hand, are always in a constant state of flux with money sinks and high alch, so it is less meaningful.

Plus there must be some way of fingerprinting and tracking duplicated items. Just saying. I'm known as Rich King Midas, and when you look at me, you'll see a king who knows a thing about his treasury. I never cared for women. I've never cared for wine. But when I count a large amount of money - ha ha - it's divine!

24-Jun-2020 21:19:46 - Last edited on 24-Jun-2020 21:21:03 by RichKngMidas

le me
Aug Member 2012

le me

Posts: 11,569 Opal Posts by user Forum Profile RuneMetrics Profile
Yes they should have but who knows, even if they can track them, the bug abusers wouldn't care as long as they got their rl gains. Also they wouldn't remove them from the game or roll back the servers if it took too long for them to catch up on the dupe...

Idk guess we gotta wait and see, maybe they patched it well enough that it would be too hard to reproduce the bug now

24-Jun-2020 22:38:00

Pkavidas

Pkavidas

Posts: 113 Iron Posts by user Forum Profile RuneMetrics Profile
Rares were most definitely duped and anyone saying otherwise is just trying to protect their stock from crashing... I truly don't believe Jagex has any system in place to track rares (maybe just current number but definitely not which ones were duped vs not duped). Considering Jagex has not released any information as to how many players were banned/ how much gp and rares they removed, all we have to go on is the surge in lower rares. Phat prices won't drop even if demand increases because the rich will just keep buying up any extra stock, at the current price, to protect their own stockpile. There are already 10's of thousands of party hats floating around and the price is inflated as is so what is another few hundred.

What we do know is this group was able to continue to act undetected for quite some time. Obviously every trade would include the maximum amount of money possible (rares, items, shards etc.) to maximize profit. Maybe they haven't dumped them or maybe they dumped them privately to a few collectors, who knows. But obviously they would maximize profit by putting whatever they had of value into the trade to be duped (exponentially). Party hats especially (would have been duped) because each is worth thousands on the black market.

26-Jun-2020 03:19:59 - Last edited on 26-Jun-2020 03:23:15 by Pkavidas

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