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Mystic Monad
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Mystic Monad

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On the other hand, so called "flipping" is real merchanting. It follows in honest fashion the basic law of merchanting, which is "buy low, sell high."
One of the steadiest methods of GE merchanting involves buying high-volume items when the price is dipping, then selling as it rises.
These merchants buy items when there are more ordinary players selling the item than buying it (which is why the price is going down), and they sell items when more ordinary players are buying the item than selling it (which is why the price is going up).
So these merchants provide a valuable service to ordinary players by buying their items when not enough players want to buy, and selling their items when not enough players want to sell.
This helps players to buy and sell items when they want. It also helps even out the huge price fluctuations (rises and drops) that would otherwise take place, thus having a stabilizing influence on prices.
In market terms, it helps keep the market in various items fluid, so that there are always buyers and sellers when needed.
For these services, the merchants receive a mark-up on their items, which is their profit. Essentially, other players are paying them to buy when most others are selling, and sell when most others are buying.
The merchant takes the risk of losing money instead of making money. Their suppliers and customers reap the benefit of being able to sell or buy their items when they want to.
I've done this type of RS merchanting for years, and have made most of my gp at it.
Yes, I've taken some losses when I made a "bad bet" on an item that I thought would rise, but that just kept going down instead.
But mostly I've made good money by following the prices of various high-volume items in the GE database, and buying and selling at times that look advantageous.
I feel good about both the money I've made and the service I've provided--and so should every other honest merchant in RS.

19-Jan-2011 15:14:20 - Last edited on 19-Jan-2011 15:17:52 by Mystic Monad

Mystic Monad
May Member 2005

Mystic Monad

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Neopreo (from page 2041),
I don't think the buyout (not "merching" ) clans will be able to survive without the price controls on the GE. But I'm getting tired of typing messages on various threads explaining why.
Basically, their scam depends on players being forced to buy within certain price limits. Without those limits, there is no way for them to fix prices as necessary to make their scam work.
My prediction is that the buyout clans will collapse when free trade returns.
In 13 days, we'll start to find out whether or not I'm right. ;-)

19-Jan-2011 15:22:06 - Last edited on 19-Jan-2011 15:22:18 by Mystic Monad

Mystic Monad
May Member 2005

Mystic Monad

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Phthartic (from page 2042),
One of my big questions is whether GE market prices will be set based only on trades done on the GE, or whether the market prices will be based on *all* trades of an item, including player-to-player trades.
If the GE market price is determined by all trades, including player-to-player, there's little danger of the GE market price getting too far out of phase with street prices.
However, if the GE market price is determined only by trades done on the GE, market prices for items traded primarily off the GE could get very far out of phase with street prices.
So I'm hoping the GE market price will be based on all trades, not just GE trades.

19-Jan-2011 15:27:06

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I'm so happy that the wilderniss and free trade is coming back.
I used to play back then, so its very awesome to see all these good old days coming back.
But i'm worried about my accounts.
Because i have one account where i play on, i really enjoy playing on that account (this one).
But one of my other accounts has got 28m, which i want to transfer to my ''main''.
My question is: How is Jagex going to see the difference between in real life world trading & goldfarmers OR Fair players that want to give their accounts or friends some money?
I think that a lot of innocent people will end up banned, because they wanted to have a new start on their pure?

19-Jan-2011 15:36:47

Mystic Monad
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Mystic Monad

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Im Danky & Phthartic (from page 2043),
If it works the way it did before 2008, most untradeable items will stay on the ground for a few minutes after a player gets killed, but only that player will be able to see them and pick them up. They will be invisible to all other players.
An example of this was ess pouches, which could be retrieved by an abyss rcer if s/he got back fast enough (and didn't get pked again in the process). Neither the pker nor any other players would ever see the ess pouches on the ground.
However, some items, such as god capes, disintegrate when they hit the ground, and must be gotten again from the original source.
No untradeable items can ever be drop-traded or kill-traded to another player. The other player simply won't see them.

Incidentally, if you were able to drop tradeable items before you died, they would not appear right away to the pker, since the normal behavior of dropped items is that they appear only to the person who dropped them for a minute or so, after which they appear to everyone.
Because of this, some abyss rcers would attempt to remove and drop their glory before they died (if they knew they were going to die), just to annoy the pker. :P

19-Jan-2011 15:37:02 - Last edited on 19-Jan-2011 17:25:40 by Mystic Monad

Phthartic

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Aze Cold--
The problem you are worrying about is exactly why I have had exactly ONE account my entire career in RS. I BELIEVE, though I'm not sure, that when I joined in 2006 and really read the rules that multiple a*counts was against the rules. Now it isn't, as I've recently discovered. I knew plenty of people did; I just figured it was one of many rules Jagex chooses not to enforce. But quoting from the rules:
"You may create more than one account, but if you do, you may not log in more than one account at any time, and they must not interact with each other in any way. This includes 'drop trading' or any other method of item transfer."
They go into more detail like not being allowed to use a friend as a middleman in a trade to yourself.
If you do what you want to do you are cheating, and it should be pretty easy for Jagex to see that one of your accounts lost 20mil at the same time as another gained it. I don't know if they will enforce the rules about this; they have shown with these votes that they are willing to suck up to people with MANY accounts by encouraging them to vote on all of them, but what you want to do is yet another example of how people that play one account as is in the spirit of the game get disadvantaged by these coming updates. I've heard many people in game looking forward to doing just what you want to do. It's up to you to decide.

19-Jan-2011 16:01:03

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I understand where you talking about, but isnt that where FREE TRADE is about?
If you are rite, then it means im still illegal if i give my friend 20m for free after the update........ Then it isnt FREE TRADE rite
So agian my question
HOW CAN JAGEX SEE THE DIFFERENCE BETWEEN FREAKIN GOLDFARMERS THAT RUIN THE GAME / PEOPLE THAT WANA STOCK THEIR OWN ACCOUNTS & HELP FRIENDS

19-Jan-2011 16:06:36

Mystic Monad
May Member 2005

Mystic Monad

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Aze CoLD,
After Feb. 1, you will be free to give your friend 20m. That is not against the rules.
However, if you give another one of your *own* accounts 20m, you are breaking Jagex rules, and you risk getting both accounts banned.
It's the same if you give a friend 20m, and your friend gives the 20m to one of your other accounts. In that case, you risk getting both your two accounts and your friend's account banned.
In other words, after Feb. 1, you can freely help friends, but transferring cash and items between your own accounts is still breaking the rules--as it has been all along.
Jagex can tell the difference between helping friends and the activities of gold farmers by the patterns of activity. 'Nuff said.

19-Jan-2011 16:58:37

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