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Rares:Inflation & Manipulation

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Mr Gatsby

Mr Gatsby

Posts: 4,735 Adamant Posts by user Forum Profile RuneMetrics Profile
Recap of common suggestions:

1. Adding platinum tokens
2. Making spirit shard packs more accessible (i.e., by increasing vendor stock and adding a spirit shard to spirit shard pack conversion option)
3. Adding a staking tax
4. Reworking the chromatic partyhat
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Gatsby#8485

03-Sep-2020 18:21:05

Mr Gatsby

Mr Gatsby

Posts: 4,735 Adamant Posts by user Forum Profile RuneMetrics Profile
Mr Gatsby said :
Price manipulation


Price manipulation (meaning altering prices based on fabrications)
cannot be "fixed" by Jagex, however,
forum moderators should be allowed to hide
posts that are
BLATANT manipulation attempts
, but forum mods should be allowed to give temp and perm forum bans for accounts who are blatantly faking trades. Also,
warning others of fake trades should not be included under the naming and shaming rule for the price checking section
. People should be allowed to, respectfully and without being disruptive, call out people who are obviously trying to manipulate prices.



Any thoughts on this? We've been having a lot of discussion about changes that could be made in-game but not too much about changes that could be made to price checking on forums.
W2's local swapper on the SW block, Trades broker, and PvP Events Host

Gatsby#8485

03-Sep-2020 18:25:58

Heyley

Heyley

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Is there much that can be done? I understand the market as many of you fine folks do as well. Over the forums, it is difficult to moderate what's fake and what's not these days. If there's no concrete proof of whether a trade a) was made b) if there are conflicts (and specifically evidence of those conflicts) c) individual bank and market participation history (portolio) that's where things get mucky.

Do things need to be done over the forums to prevent market manipulation? Absolutely without a doubt. I have a list of forum lads who I want to kick over the moon. I cannot, simply because I cannot dispute their one-off trades at the time of posting, granted my market knowledge accounts for their nonsensical fake trade.

That being said, people should most certainly remain accountable for fake trade posts and naming and shaming should be allowed. -But- it needs to be done in the right way or the problem will get worse and more dispute will erupt.
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04-Sep-2020 15:34:58

Mr Gatsby

Mr Gatsby

Posts: 4,735 Adamant Posts by user Forum Profile RuneMetrics Profile
Heyley said :

Do things need to be done over the forums to prevent market manipulation? Absolutely without a doubt. I have a list of forum lads who I want to kick over the moon. I cannot, simply because I cannot dispute their one-off trades at the time of posting, granted my market knowledge accounts for their nonsensical fake trade.


Yeah, can't really do much about one offs despite how suspicious they look, but there are things. There are some instances though that forum mods should be able to do something. Or people basically point out these individuals. It certainly does have to be done in the right way, flaming those individuals certainly shouldn't be allowed since it would not help. On the other hand, people will try to take advantage perhaps and try to discredit legitimate trades of people that they despise. In that case, I think people could just report them in the forum help page for harassment.

Mr Gatsby said :
Price manipulation


Blatant manipulation should include:

-Those who purposely repeatedly post ranges that are completely inaccurate (leeway should be given when there's a lack of reports or massive increases/decreases in prices)
-Throwaway accounts selling to throwaway accounts at suspicious prices
-People who report trades to players who then deny the trade took place
-People who recycle old trades/Photoshop trades
-People who sell/buy things off accounts that do not exist (if there's at least a picture, then maybe we can say there was a double name change)
W2's local swapper on the SW block, Trades broker, and PvP Events Host

Gatsby#8485

04-Sep-2020 18:47:38 - Last edited on 04-Sep-2020 18:49:08 by Mr Gatsby

Corcna Virus

Corcna Virus

Posts: 321 Silver Posts by user Forum Profile RuneMetrics Profile
The solution to player-driven price manipulation is very simple, but first we need to look at the problem.

The problem is that anyone with a membership can post a price check on the forums. This becomes a problem because
- impossible to determine whether a price check/recent sale is accurate
- impossible to determine whether the sale even took place at all
- players with agendas can manipulate the price by posting insta-buy and insta-sell, there is no reason to insta-buy an item if it is relatively stable, especially something like a h'ween mask. Sure, if you really want it and dont care, but when an individual posts 2-3 price checks a day, all insta-buys, it becomes obvious they are trying to push the price up. Same with insta selling, pushing price down

Solution -

designate a forum moderator or CM to be in charge of posting weekly or bi-weekly price updates on discontinued items. One mod could be assigned to phats, another to masks, another to santas, another to edibles. They could post more frequent price updates when the price is rising rapidly or falling rapidly. The mods that are chosen for this could get their information from their own observations as well as information from other players who are trustworthy. This would not be perfect, and would take some time to create a good system, but it would get rid of the player-driven manipulation that happens from all these insta-buy posts during buyouts and insta-sell posts during dumps.

Thoughts are welcomed.

04-Sep-2020 19:26:37 - Last edited on 04-Sep-2020 19:27:02 by Corcna Virus

01 Partyhat
May Member 2020

01 Partyhat

Posts: 92 Iron Posts by user Forum Profile RuneMetrics Profile
If Jagex can tell if trades are made with real world trading then why can't they keep a track record of rare item trades (even outside of the GE) and post the avg trending price on their website similar to how we can check prices on the GE. This would eliminate any of the false trades reported and we would have more concrete truth to the prices of the rares. They could even do a minimum/maximum sell on a daily basis.

Maybe that is too much for them to do, but to me that would be the best way to handle all of the false trades.

04-Sep-2020 19:50:07

Mr Gatsby

Mr Gatsby

Posts: 4,735 Adamant Posts by user Forum Profile RuneMetrics Profile
Corcna Virus said :
The solution to player-driven price manipulation is very simple, but first we need to look at the problem.

The problem is that anyone with a membership can post a price check on the forums. This becomes a problem because
- impossible to determine whether a price check/recent sale is accurate
- impossible to determine whether the sale even took place at all


Can f2p not post on pc threads anymore? If that's the case then they probably should implement a wait period before someone can post once they become a member. That being said I think the most efficient and easy fix is just to let the community to warn against people that are trying to be deceptive. We don't really need to try eliminating fake posts entirely because people will just get more creative if they really want to.

There just needs to be potential consequences and checks so that forums aren't filled predominantly with fake trades.

Corcna Virus said :

- players with agendas can manipulate the price by posting insta-buy and insta-sell, there is no reason to insta-buy an item if it is relatively stable, especially something like a h'ween mask. Sure, if you really want it and dont care, but when an individual posts 2-3 price checks a day, all insta-buys, it becomes obvious they are trying to push the price up. Same with insta selling, pushing price down


If someone manipulates the price of an item by buy power then by all means, that's a risk they can take.
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Gatsby#8485

04-Sep-2020 21:14:29

Mr Gatsby

Mr Gatsby

Posts: 4,735 Adamant Posts by user Forum Profile RuneMetrics Profile
01 Partyhat said :
If Jagex can tell if trades are made with real world trading then why can't they keep a track record of rare item trades (even outside of the GE) and post the avg trending price on their website similar to how we can check prices on the GE. This would eliminate any of the false trades reported and we would have more concrete truth to the prices of the rares. They could even do a minimum/maximum sell on a daily basis.

Maybe that is too much for them to do, but to me that would be the best way to handle all of the false trades.


Involves lots of work and wouldn't be accurate anyways. Remember pc threads are used for ge items too.
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Gatsby#8485

04-Sep-2020 21:16:07

Mr Gatsby

Mr Gatsby

Posts: 4,735 Adamant Posts by user Forum Profile RuneMetrics Profile
When Jagex deleted the price manipulation sticky thread, they left regulation of price checking threads to the community, except they didn't allow Fmods to take any action against people faking trades (or maybe Fmods just aren't?) and the naming & shaming rule bars regular players from outright saying things like "take this trade with a grain of salt, this guy is known to fake trades"-people do call out others but usually it gets hidden unless it's an indirect/vague statement. W2's local swapper on the SW block, Trades broker, and PvP Events Host

Gatsby#8485

04-Sep-2020 21:23:27

Mr Gatsby

Mr Gatsby

Posts: 4,735 Adamant Posts by user Forum Profile RuneMetrics Profile
Crispy Rice said :


Mr Gatsby said :
Increase the number of spirit shard packs sold by vendors from 65k to 320k & adding a shards to shard pack exchange option


+4


Looks like this thread is dead, but hopefully someone at Jagex sees this and the forum related suggestions.

Support shard accessibility update here.
W2's local swapper on the SW block, Trades broker, and PvP Events Host

Gatsby#8485

08-Sep-2020 18:00:14 - Last edited on 08-Sep-2020 18:32:50 by Mr Gatsby

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