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Jagex will remove max cash

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Raphtalia6
Oct Member 2017

Raphtalia6

Posts: 1,134 Mithril Posts by user Forum Profile RuneMetrics Profile
Established said :
Any idea when the update will go live?

somewhere around October and December, but they are already working on it as we speak.

the biggest change will be that an actual visual price will be displayed for all items even above max cash, also you can sell or buy items on the ge for the price you desire instead of having to deal with player to player trades, the downside is selling an items costs 1% more so all items will go up 1% atleast unless ppl take that 1% loss, its not much but it could be a chain reaction if left unchecked.

you buy an arrow for lets say 100 gp, then selling it for 100 gp you lose 1 gp, so you sell it for 101 atleast. that buyer will sell its for 102 gp and so on till the item gets used or alched or disassembled.

alching destroys the item(quantity) and turns it into gp which creates inflation,
disassembling destroys the item which lowers the quantity of set item which passively boosts the inflation because less items means they hold more value which could be seen as a boost to inflation.

it doesnt increase inflation tho, only passively boosts it.

also the lower quantity items get impacted more than the common items, but high quantity traded items get equal impact if not higher depending on how frequent its traded. trusting certain pc lists or prices of items or websites that dont belong to jagex will get you into trouble notice: external websites and trades are your responsibility, dont get fooled!.

18-Aug-2022 22:32:35

0 07
Jun Member 2023

0 07

Posts: 1,816 Mithril Posts by user Forum Profile RuneMetrics Profile
Raphtalia6 said :
Established said :
Any idea when the update will go live?

somewhere around October and December, but they are already working on it as we speak.

the biggest change will be that an actual visual price will be displayed for all items even above max cash, also you can sell or buy items on the ge for the price you desire instead of having to deal with player to player trades, the downside is selling an items costs 1% more so all items will go up 1% atleast unless ppl take that 1% loss, its not much but it could be a chain reaction if left unchecked.

you buy an arrow for lets say 100 gp, then selling it for 100 gp you lose 1 gp, so you sell it for 101 atleast. that buyer will sell its for 102 gp and so on till the item gets used or alched or disassembled.

alching destroys the item(quantity) and turns it into gp which creates inflation,
disassembling destroys the item which lowers the quantity of set item which passively boosts the inflation because less items means they hold more value which could be seen as a boost to inflation.

it doesnt increase inflation tho, only passively boosts it.

also the lower quantity items get impacted more than the common items, but high quantity traded items get equal impact if not higher depending on how frequent its traded.

Yeah, that's not how inflation works and what's not gonna happen at all. If they take money out of the game there will be deflation A business man doing business

19-Aug-2022 16:27:05

Ryndujax
Jun Member 2023

Ryndujax

Posts: 191 Iron Posts by user Forum Profile RuneMetrics Profile
its the net-effect that causes inflation/deflation.
if more gp is still created by alching/pve-ing etc than it is destroyed in taxes, there will still be overall inflation.

24-Aug-2022 09:05:35 - Last edited on 24-Aug-2022 09:05:56 by Ryndujax

Tigoko
Aug Member 2011

Tigoko

Posts: 267 Silver Posts by user Forum Profile RuneMetrics Profile
Jagex isn't removing the max cash amount; they are removing the 0.2% of players that still use 32-bit systems and making Runescape a 64-bit system, thus instead of being stuck with a 32-bit integer, they can use a 64-bit integer.

29-Aug-2022 01:44:01

Ninja Foxxy
Jul Member 2018

Ninja Foxxy

Posts: 34 Bronze Posts by user Forum Profile RuneMetrics Profile
This update will deflate a lot of items, like for example if you want to buy a blue partyhat, you can't do it with just money/shards atm, you have to buy items and upgrade, then it wont be necessary to buy lower rares to upgrade which will cause deflation. In addition, some people are so rich that they can't hold their money on one account so they turn to buying rares so they can store money and make more money, they might sell then which will cause another deflation. Max cash removal will be a huuuuuge update and we will see that happening on the first day of the update :)

And money won't decrease in game due to 1% tax, it will just gain slower increase. (also said on stream, before you argue)

24-Sep-2022 15:56:20

The Atlantis
Nov Member 2023

The Atlantis

Posts: 508 Steel Posts by user Forum Profile RuneMetrics Profile
Ninja Foxxy said :
This update will deflate a lot of items, like for example if you want to buy a blue partyhat, you can't do it with just money/shards atm, you have to buy items and upgrade, then it wont be necessary to buy lower rares to upgrade which will cause deflation. In addition, some people are so rich that they can't hold their money on one account so they turn to buying rares so they can store money and make more money, they might sell then which will cause another deflation. Max cash removal will be a huuuuuge update and we will see that happening on the first day of the update :)

And money won't decrease in game due to 1% tax, it will just gain slower increase. (also said on stream, before you argue)

People don't buy rares to store their gold, they buy rares because they are the only items which can hold value and combat the huge inflation on RS3.

If you think players will sell their rares (which only have been increasing since release) to hold gold (which enters the game on all time high speed) then you're straight up stupid.

The 1% tax won't be noticeable in the slightest. Before tax deletes 1b another 1000b will enter the game, and honestly, I have no idea why RS3 is deciding to add it now, it's simply too late, and they don't care because they will be printing gold.

26-Sep-2022 12:20:32

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