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Bonds Live Stream

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Kingof Goons
Oct Member 2020

Kingof Goons

Posts: 1,933 Mithril Posts by user Forum Profile RuneMetrics Profile
ShadyDingo said :
Missed it, would have loved to have seen it, but I actually am looking forward to the new bonds, with open arms and an open mind. Wish others would too.

Go to their channel on twitch and add /profile to the end of the link than go to past broadcasts and you can watch the whole thing.

26-Sep-2013 05:27:59

Tuxodiac

Tuxodiac

Posts: 4 Bronze Posts by user Forum Profile RuneMetrics Profile
This is actually quite a well calculated move, however there is one fundamental flaw in this. before that though, I would like to share some points I think people may be missing.

As the bonds directly equate to membership, or other currently purchasable items using RWM, Jagex should not actually profit from this, in that if someone buys a bond, someone else will use that to buy a membership (or other item) which equates to a lost opportunity for Jagex to sell that membership directly.

in the long run, the GP value of a bond will hover at a fraction higher than a gold farmer, however it will not be possiable for them to derastically undercut these, due to the compeditive nature of the market. if gold farmers suddenly start offering 75 mil of gold for *5, that will drive down the RWV of GP, which in turn raises the Bond VS GP exchange ratio, until it levels out close to the 75 mil per $5 value that the gold farmers are offering. essentially, as gold farmers start to sell gold for less and less, they will achieve only driving the GP value of bonds up, to a point where they remain compeditive. Bonds will always be slightly slightly more costly than there GP value, but this accounts for the added security of buying from Jagex as aposed to the farmer, and the illegality of the transaction.

Where the problem comes in is that gold farmers will instead of exchanging there GP for RWM, they will start buying bonds. Using these as a medium they will be able to undercut the RWV of a bond assigned by Jagex by selling these for $3 or $4 each.

26-Sep-2013 06:47:23

Tuxodiac

Tuxodiac

Posts: 4 Bronze Posts by user Forum Profile RuneMetrics Profile
in short, this will create a new market where membership is available at a cheeper rate than what jagex curretly offers, the difference being subsidised by those entities buying the bonds from jagex. The real problem here is that those entities will end up being the stolen credit cards that the gold farmers were using previously to fund their own memberships for the perpous of gold farming.

This will enable a cleener form of money laundering than what is currently achieved through gold farming, as bonds will be purchaced directly from jagex, and then sold at a discounted rate.

Efectively, players will end up buying there memberships at much lower rates (approaching the real world exchange rates in alternate money laundering services, e.g. I give you $5 of dirty money, you give me 10c of clean money)

Jagex will loose out on this in the end, as credit card providers will not only refuse to honour the transactions made with stolen credit cards, but as this method grows in usage, they will have no choice but to refuse credit card processing services to Jagex due to the rising costs in transation disputes.

In the end, the existance of bonds will only serve to desimate the existing revenue of Jagex.

26-Sep-2013 06:48:02

StarrFireTx
Feb Member 2022

StarrFireTx

Posts: 130 Iron Posts by user Forum Profile RuneMetrics Profile
I missed the live stream sorry to say. The new Bonds have answered a need in the community. At least for me they have. I've wanted to help the members of our clan in the past with membership. Or have a way to assist someone in buying items from Solomon's Store. Without using my credit card or personal information.

However, I'm still a bit confused as to how this is going to stop Gold Farmers. I've played Runescape for many years and just don't agree with buying gold. I've earned every level and each gp in my possession. I would hate to see the game being dumbed down and gold selling become common.

Good luck to you all at Jagex! I'm one of your most loyal fans. ;) Starr

26-Sep-2013 18:30:24

Barnabis
Oct Member 2015

Barnabis

Posts: 3,772 Adamant Posts by user Forum Profile RuneMetrics Profile
Where is the video from the live stream at? Jagex 2019 New Year Resolution... MTX our customers until RS3 SERVER SHUTDOWN PARTY!
The RS3 Community is treated like :@ RUBBISH :@ due to constant TH promotions.

Don't buy keys on Treasure Hunter, if you do Jagex will only make more TH promotions :(

26-Sep-2013 22:36:40

LadyFlapjack

LadyFlapjack

Posts: 3,139 Adamant Posts by user Forum Profile RuneMetrics Profile
Is it possible to put the audio of this live stream into a podcast? The podcasts are great to listen to while I am doing chores around the house; it would be the best opportunity for me to hear what Mod MMG has to say.

27-Sep-2013 02:49:33 - Last edited on 27-Sep-2013 02:49:54 by LadyFlapjack

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