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Rares:Inflation & Manipulation

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Mr Gatsby

Mr Gatsby

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The Princess said :
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?

That's kind of like asking "what do people get from xp (comp, trim comp)?"


The Princess said :
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.

Which merchers are we talking about? People like to blame "the merchers" for rises and crashes. Ironically, practically everyone is a "mercher" these days, except the ironmen.

Partyhats keep going up because no one wants to get "merched" or miss out on the rise so they ask for the record prices, and people who are flipping hats now are paying and just selling for more to the few people who are buying such as stakers. With a lack of updates people want to make money, so that probably explains the other rares like masks and rsh going up a ton, of course there is hoarding too, but that's not really the issue.

The fake trades (that can be posted by anyone, not just merchants) contribute to rises like this because sellers don't care if a high post is real or not, as along as someone comes and pays them. Forum mods need to be able to remove posts that are obviously fake, and players need to be able to say "this post is suspicious guys" or "this guy always fakes pcs". The naming and shaming rule on pc'ing threads should exclude people warning others.

These issues aren't limited to just rare items, there are pc'ing threads for all shorts of items
W2's local swapper on the SW block, Trades broker, and PvP Events Host

Gatsby#8485

28-Aug-2020 10:13:13 - Last edited on 28-Aug-2020 10:38:23 by Mr Gatsby

boidae
Sep Member 2023

boidae

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wait till people so fed up buying bonds for real cash and fed up of no loot ingame
which is currently the rs regime
wait till them people who buy out to sell out at the expensive of collectors make ral players fed up.

all games end that way or at least drop to a standard 10k active players

28-Aug-2020 12:30:29 - Last edited on 28-Aug-2020 12:30:56 by boidae

Mr Gatsby

Mr Gatsby

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boidae said :


all games end that way or at least drop to a standard 10k active players

Yeah, things are bound to go down once the active players decrease, or if the coming updates are engaging enough. However, there's still an issue with forums that should be addressed. Price manipulation through fake pcs is an issue across many price checking threads. The RSOFs are being used less these days, and I constantly see people using discord bots for things which are much easier to manipulate than forums especially if people are allowed to speak up about trades or individuals who always post fake trades without their posts being hidden.

Making shard packs more readily available is a small change that can be implemented now but over time there's the potential for rises to not be so xtreme in short periods of time (such as a 1b/day increase in phats based on 1 or 2 trades) issues with rares circulating.

Making the chromatic partyhat more appealing will at least leave an RS3 alternative for those who really want a phat but can't have one. W2's local swapper on the SW block, Trades broker, and PvP Events Host

Gatsby#8485

28-Aug-2020 15:14:47

Misaka-chan
Oct Member 2006

Misaka-chan

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Historically speaking, short of banning free trade again, there is nothing that can be done to stop prices rising. If there was, Santas would still be 20m like they were back in 2006. Prices will continue to rise as long as PvM, staking, clue hunting, etc, make loads of money for players.
"We are all different people all through our lives and that's okay, that's good you've got to keep moving so long as you remember all the people that you used to be."
~ The 11th Doctor (Doctor Who)

28-Aug-2020 16:18:02

SoulSplits
Nov Member 2014

SoulSplits

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saemi 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


+1 would solve rares being used as currency, outside of stakes ofc

Ok but how? Shard boxes arent tradable, and the max shard stack will still be 2147m (53b). This does nothing to help stakers with hundreds of bills because partyhats are high in demand, valuable, and tradable.

I highly doubt someone wants 1 trillion in shard packs. Having to juggle between a stack of untradable items, and still needing several alts to open all them makes this solution infinitely worse than just releasing platinum tokens, in my opinion.

28-Aug-2020 16:23:57

Mr Gatsby

Mr Gatsby

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SoulSplits 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



Ok but how? Shard boxes arent tradable, and the max shard stack will still be 2147m (53b). This does nothing to help stakers with hundreds of bills because partyhats are high in demand, valuable, and tradable.
.

This won't help stakers, stake hundreds of bils. What it will do is increase the potential for people to sell their partyhats if they choose. And if someone wins big staking they don't have to have to use alts, or buy hats if they don't want to. Or someone sells a huge investment, they don't need to buy a phat if they don't want to.

Right, now if people have wealth sitting in shard packs they are reluctant to open them because it's a hassle to buy them back.

This change just a) increases the potential for people (not necessarily stakers) to sell hats such as people who play osrs and just store their rs3 wealth in partyhats. b) people won't buy hats for the purpose of serving as currency (besides stakers) although they might still choose to store their wealth in them as a long term investment.

This is a minor change that could help in the long term, and if it doesn't at least it's a nice QoL update. W2's local swapper on the SW block, Trades broker, and PvP Events Host

Gatsby#8485

28-Aug-2020 22:45:49

H Rassy
Sep Member 2023

H Rassy

Posts: 17,469 Opal Posts by user Forum Profile RuneMetrics Profile
Banning free trade,well we can dream.

Jagex should close the duel arena and finally get decent controls on bugs and cheats.
But its not a problem for jagex,the credit card companys have no problems so jagex has no problems. They probably make a decent amount on the duel arena.

28-Aug-2020 22:49:03 - Last edited on 28-Aug-2020 22:50:31 by H Rassy

Mr Gatsby

Mr Gatsby

Posts: 4,735 Adamant Posts by user Forum Profile RuneMetrics Profile
Misaka-chan said :
Prices will continue to rise as long as PvM, staking, clue hunting, etc, make loads of money for players.

Yeah, prices rising over time isn't really an issue. The problem is if they rise without dropping at all, then someone with 5b say will never get a phat unless they go staking and manage not to get cleaned.

Lack of updates with the current player count contributes to the general rise in rares, I'm sure if less people are on things will drop or if they are busy doing something that isn't purely to make money. W2's local swapper on the SW block, Trades broker, and PvP Events Host

Gatsby#8485

28-Aug-2020 22:55:50

Mr Gatsby

Mr Gatsby

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Why is a higher tradeable currency a bad idea at this stage?


A general need for a higher currency for the purpose of storage can be fulfilled by a untradeable currency as long as it can be exchanged to a tradeable version and back, easily.
Solution: Make spirit shard packs more accessible
by increasing the buy-able amount with coins in a single trip and adding spirit shards to spirit shard packs option.

The other need that has been mentioned in this thread is a higher currency for the purpose of staking . This would require a trade-able currency like platinum tokens. A tradeable higher currency will a) increase the item to currency cap, meaning it will make it more easier for that an item can be traded for,
b) if it would be trying to solve an issue by destroying part of the demand for certain items.
There might be a need for a tradeable higher currency in the future, but it's not really needed at this stage.

Summary:
Prevention shouldn't be the model for change , rather increasing options should. Making spirit shard packs more accessible gives people an easier option to store their wealth
, they don't need to plan when they want to start buying some spirit shard packs. W2's local swapper on the SW block, Trades broker, and PvP Events Host

Gatsby#8485

28-Aug-2020 23:16:04 - Last edited on 28-Aug-2020 23:17:51 by Mr Gatsby

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