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Fix Price check threads. Thread is locked

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Richie B5
Nov Member 2011

Richie B5

Posts: 237 Silver Posts by user Forum Profile RuneMetrics Profile
My opinion on a solution:

Add functionality to the GE interface so it works more like stock trading platforms.

For example - TD Ameritrade.

* There should be a "Last Price" with a timestamp and a Bid/Ask. "Last" acts as the market price.

* Add in a tab for the last "X" number of trades and now we know what the trailing market value is to prevent people buying or selling too far under/over market with the intent to manipulate. In place of a separate tab there could just be a number that's the average of the last "X" trades. This is the less preferable option.

* Add in the volume numbers from the Grand Exchange on the homepage and now we know liquidity over a time period.

* Update max integer to over 2.147B or add alternate currency with a static value to weight gold against..AKA Platinum Tokens. This is for those things over our current "Max Cash" limit. IT's also easier to trade people with smaller numbers. Typing "50" is significantly easier and less "risky" than typing 50000000. (This is for those that don't know about M/K values in trade.) Most people generally function better with smaller numbers rather than larger ones anyways.

The Grand Exchange should be our pillar of trade in the game and able to handle all this.
Sure, it'll take a lot of work and may not even be fully possible. But that's my vision and what I'd like to see. I think using this as a basis would eliminate many of the problems we have. We already have examples of this type of framework on leaderboards like the Bounty Hunter and Treasure Trails boards.

Feel free to add any thoughts. Hopefully my pictures work.


15 Year RS veteran - stock trader for fun - intellectual - salesman

21-Dec-2020 13:51:01 - Last edited on 21-Dec-2020 13:55:46 by Richie B5

Tuffty
Jan
fmod Member
2003

Tuffty

Forum Moderator Posts: 152,172 Ruby Posts by user Forum Profile RuneMetrics Profile
@Trip180

I can't say sending PC'ing Clans to the Clans section is the right way to go. It just never worked well. Yes a few threads were made but they are dorment these days.

My reaction at the time may differ from todays reaction because the rules have changed so many times within these forums.

Years ago I may have said things I wouldn't say today because of Jagex changing the rules etc. Also opinions change with the times.

I get what you are saying though. We have to adapt. The past has gone and won't be back.

I do agree with your latter statement. Just do it within the rules and everyone will be happy. Hopefully. ;)

I do miss the old days though when R Quark was around and the PC'ing thread around as it was outstanding. I also like Lyra's thread as it's been around since Moses. ;) I won't however say 1 FC, PC'ing or Clan's thread is better then the other as the Community have to do their own research and make up thier own minds.

I'm sure 2021 will bring us joy and happyness within this section. ;) Remember it's a team effort. :D
Comprehensive Account Security
What do snowmen have for breakfast? Snowflakes! :P

21-Dec-2020 14:07:46

Trip180

Trip180

Posts: 16,702 Opal Posts by user Forum Profile RuneMetrics Profile
Tuffty,

whatever the rules, whatever you do, I'm on your side. The forums don't work without you. I get along with the people I'm disagreeing with here also. Or, I think I do. This is just a game.

Whatever Jagex does, chances are I'll be happy regardless. Nothing here really matters. It's almost like role-playing, or like discussing hypotheticals, that we debate these things. Whatever the game does, I'll be happy.
I cannot for the life of me manage to catch Covid. Perhaps it's because I didn't get vaxxed? The travails of those lacking immunity. :(

21-Dec-2020 15:17:00

Surprised
May Member 2023

Surprised

Posts: 5,322 Rune Posts by user Forum Profile RuneMetrics Profile
Trip180 said :
Tuffty,

whatever the rules, whatever you do, I'm on your side. The forums don't work without you. I get along with the people I'm disagreeing with here also. Or, I think I do. This is just a game.

Whatever Jagex does, chances are I'll be happy regardless. Nothing here really matters. It's almost like role-playing, or like discussing hypotheticals, that we debate these things. Whatever the game does, I'll be happy.


We have always agreed on almost everything, and even when we don't I know you're honest and you articulate what you believe to be true, and I will always respect that.

We are all just trying to find solutions that work, for everyone, and to stop monopolisation and abuse of PCing by certain individuals and FCs.

Wishing you a lovely christmas and new years.
“Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.”

21-Dec-2020 15:30:50

I Jonyfrecle

I Jonyfrecle

Posts: 3,702 Adamant Posts by user Forum Profile RuneMetrics Profile
These ideas have all the right intentions, but the unfortunate reality is that it can never really be trusted because a screenshot can never really be trusted.

I can simply trade between two account that I own, take a screenshot and I have a "legitimate" price I can post to the forum.
Afterwards, I can change the name of the accounts, make new accounts, get the help of a friends or an FC and repeat the process over and over again and nobody outside the loop would have any idea I'm price manipulating, and even if they did, they wouldn't be able to prove it.

I agree with Richie completely, the way forward to eliminating price manipulation is to change the GE so trades can take place on there.

21-Dec-2020 20:33:58

Kehl

Kehl

Posts: 331 Silver Posts by user Forum Profile RuneMetrics Profile
I Jonyfrecle said :
These ideas have all the right intentions, but the unfortunate reality is that it can never really be trusted because a screenshot can never really be trusted.

I can simply trade between two account that I own, take a screenshot and I have a "legitimate" price I can post to the forum.
Afterwards, I can change the name of the accounts, make new accounts, get the help of a friends or an FC and repeat the process over and over again and nobody outside the loop would have any idea I'm price manipulating, and even if they did, they wouldn't be able to prove it.

I agree with Richie completely, the way forward to eliminating price manipulation is to change the GE so trades can take place on there.


I agree. Can’t trust anyone’s screenshots nowadays either. It just gives people willing to take the time to trade between alts and change names the upper hand advantage. We really need the GE back to be able to conflict and call out fake trades.

We should all organize a strike and cancel our memberships until Jagex listens. It would be nice to even just have a separate GE that only accepts “platinum tokens” instead of mixing GP and tokens if that makes it any easier and we could just only add items to this new separate GE that have reached max cash in their GE values.

We have to keep up with these discussions on forums and reddit until Jagex realizes that not only 1% cares about this anymore because there’s a much larger percentage of the community that wants to eventually own a rare one day as the final goal. At this rate every rare will keep skyrocketing if nothing changes.

MRCA = Make Rares Cheap Again!

21-Dec-2020 21:09:30 - Last edited on 21-Dec-2020 21:18:33 by Kehl

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