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Rares:Inflation & Manipulation

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DofIamingo
Nov Member 2023

DofIamingo

Posts: 2,684 Adamant Posts by user Forum Profile RuneMetrics Profile
Mr Gatsby said :
0mniscient said :


Or simply implement a rare item store. Blue phat 20b, White 15b, red 12b, etc.
This essentially ensures anyone can have one and allows phats to be used as a currency exchange for the rich without harming everyone else in the game.


Really would ruin the free trade aspect of the game.

I love how everyone's idea of fair is let's penalise people who have grinded their way to riches over so many years, putting in the time to learn the market.

If you can't afford something, then you can work to get it. Don't be spiteful just because people put in the time and effort to get things years before it even crossed your mind.

27-Aug-2020 17:01:11

DofIamingo
Nov Member 2023

DofIamingo

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Promethuem said :
Imo there is clear maniping/panicing of all people/players.

The fact that a White Phat has gone up 12B in the last week clearly shows a single example of this.



Investing in not price manipulation. It's a legitimate way to make money, and similar to IRL, you can make A LOT of money very quickly, the people who are good, make more than your yearly salaries. A LOT of people Invest in irl and work up to where they are now

The same thing has happened in the game. I started playing again in March just after Arch was released. I'm already up to near 50b from nothing, I don't stake. Just because people are not good at something or can't afford something anymore, doesn't mean you can go around shouting price manip everytime.

The price are heavily influenced by Duel Arena and the fact that there is no currency above max shards. Rares have become a currency. Why is that even surprising? The game is 20 years old and you can make 50m an hour if you tried hard enough.

With that much GP coming into the game, It's obvious prices go up. 12B rise in a week just means the prices were undervalued and just caught up.

This same thing happens every so often. People say there's too much gp in the game, no one believes them, and suddenly prices sky rocket. And suddenly all the trash calling PRICE MANIP come out cause they missed out.


Yes people would ask ludicrous prices if there was a new currency above max shards, but people already do that now anyway. Those people won't get trades just like they don't get trades doing it on world 2.

Why the hell would rares be a currency if people can comfortably hold over 2 trillion in a single stack without the risk of its price devaluing.

27-Aug-2020 17:12:15 - Last edited on 27-Aug-2020 17:13:26 by DofIamingo

Mr Gatsby

Mr Gatsby

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Promethuem said :


And this will honestly never happen cause it will destroy the market (kinda the point if it does happen) there should be a re-release of rares like OSRS making anyone and everyone able to get whatever they want (yes a lot of people WILL have an issue with this statement).

Why would I propose something so drastic?




If everyone had one, how many would still want one? Would ruin the game for anyone who has one (someone bought a phat set through Vindi-ofc they were able to do this since they bought the more expensive hats about 2 years ago). Hats went up a ton in 2017, and they came down a lot by 2018, it would be an overreaction to just re-release partyhats on a mass scale.

I think they could rework the chromatic partyhat and that will at least give people who want a partyhat for looks one, it might cause partyhats to drop a little but they are up a ton already in a short time.



Mr Gatsby said :
Potential actions:



- Minor action: Change the Chromatic Partyhat to right-side up. To keep with the theme of "new varrock" make the hat float above characters heads or sit slanted similar to the ice cream cone hat. This will basically give people a free partyhat, but not quite so they still would want the real deal.



They can also increase # of shard packs sold per vendor to 40b and/or add an option for change shards into shard packs. At the moment people are basically forced to buy rares if they make a ton staking or and if they want to just sell many hats it's a hassle.

Better to make minor changes which are harmless than big sweeping changes, right now with the lack of updates people just want to make money be it from staking, merching -i'm talking about people who don't usually merch, so not the "one percenters&quot ;) , or doing clues so it's no wonder that things are going up a ton. W2's local swapper on the SW block, Trades broker, and PvP Events Host

Gatsby#8485

27-Aug-2020 17:28:15 - Last edited on 27-Aug-2020 17:28:36 by Mr Gatsby

Mr Gatsby

Mr Gatsby

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




Investing in not price manipulation. It's a legitimate way to make money


Agreed, my bit on manipulation has to do with people feeding rises/crashes with fake prices. Sometimes the trades are just suspicious (just because it's an outlier doesn't mean it is fake) but other times it's just obvious.



DofIamingo said :

The price are heavily influenced by Duel Arena and the fact that there is no currency above max shards. Rares have become a currency.

Why the hell would rares be a currency if people can comfortably hold over 2 trillion in a single stack without the risk of its price devaluing.

I don't think it would be a good idea to completely destroy the demand for phats from the DA, making a new currency now might be an overreaction because only rares are inflated
(with phats going up because of demand from the DA, not a surprise that people invested in other rares).
Wouldn't you agree though that making shard packs (while keeping them untradeable) more accessible would overtime slow rises like this?It's not that hard to open them.
@Doflamingo
Having a massive rise isn't the issue but the real demand for them lately after blue got to 30b, has been mostly from the arena, so that's a 12-15b rise just due to demand from the arena. W2's local swapper on the SW block, Trades broker, and PvP Events Host

Gatsby#8485

27-Aug-2020 17:40:04 - Last edited on 27-Aug-2020 17:45:43 by Mr Gatsby

H iman
Jan Member 2022

H iman

Posts: 42,103 Sapphire Posts by user Forum Profile RuneMetrics Profile
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

+2
One of the most difficult things to give away is kindness; usually it comes back to you :)
Discord: H iman#1269

28-Aug-2020 01:12:12 - Last edited on 28-Aug-2020 01:15:03 by H iman

The Princess
Sep Member 2009

The Princess

Posts: 1,132 Mithril Posts by user Forum Profile RuneMetrics Profile
Dealing with rare merchers on here is blood sport. You got to deal with people on alts, clans and friends trying to manip and undersell or gouge your eyes out. I don't know what sort of life you have to live to get satisfaction from collecting and manipulating pixels. Like do you get an award for being the Jeff Bezos of Runescape?

All that being said, I don't know if Jagex playing communist dictator is the way to go right now.

Because there isn't any actual demand, eventually (as has happened before), merchers will tire of having to deal with each other and prices will stabilize (if not drop some). They'll eventually have to find new fools to exploit.

28-Aug-2020 07:31:28

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