Statement from Sea King:
From what I can tell based on the video, lots of GP/shards were duped (probably on the order of a few trillion). It makes sense then to store that wealth in something liquid like Red Santa Hat, which you can cash out with relative ease compared to other rares.
Now the video also showed footage of rares being duped, but it's not clear where this footage came from. But if rares were primarily duped instead of GP/shards, then rares would not have risen but instead be crashing hard.
Since the goal of the dupers is to RWT, it made more sense to dupe GP/shards at the time as GP/shards required no additional trading before it can be converted into real world currency. Storing some of that wealth into rares that can be bought and sold easily came logically second after they duped so much. IN OTHER WORDS, WHY DUPE HARD-TO-SELL ITEMS WHEN THE GOAL IS TO RWT? ANYONE WHO TRIES TO DUPE CRACKERS WON'T BE ABLE TO SELL 5 CRACKERS BEFORE THE MARKET FOR CRACKERS TANKS. FOR THE DUPER, THE BEST ITEMS TO STORE WEALTH OR TO DUPE WERE ITEMS THAT HAVE HIGH NATURAL DEMAND AND CAN BE TRADED WITHOUT DRAWING TOO MUCH ATTENTION (E.G. GE-TRADED ITEMS).
Jagex needs to fix this. Trying to sweep this under the rug and hope no one notices a 900m to 1700m+ rise on Red Santa Hat, the most common discontinued item in Runescape, is just folly.
Based on the fact that bond prices, which is a measure of the exchange rate of GP to US Dollars, have not inflated, this indicates that most of this duped GP has not disseminated into the rest of the economy yet.
Unlike most bugs, where the impact is hard to tell, a lot of time has already passed so we already see the effects. If this was mostly dupe on rares, then those rares would have been crashing instead of rising over the past 3 weeks.
If you are willing to chuck your most precious possessions like phats because someone said words like crashing/dying/quitting and then find yourself unable to rebuy for what you sold for, then you don't deserve to own a phat.
16-Jun-2020 05:11:26
- Last edited on
16-Jun-2020 05:47:03
by
Sea King
