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chic eMonkey
Apr Member 2007

chic eMonkey

Posts: 51 Iron Posts by user Forum Profile RuneMetrics Profile
I'm not sure if my logic is sound, but I think there might be an opportunity for arbitrage:
1) RW gold seller lowers price of RS gp so I can buy 7m gp for $2
2) RS bonds go for 7m gp in-game, so my $2 buys a bond worth $5
3) I redeem that bond for membership ... net result being a month of membership for $4 instead of $5

I don't know the economics of gold farming, so it might never happen, but seems like there's the risk that $ to gold farmers could be converted to gp for bonds that would end up reducing my monthly membership fee. If so, maybe I'll start thinking about taking advantage of gold farmers' offers. [not really, but for sake of argument]

Seems like RW Traders now have incentive to farm gold more efficiently so they can undercut gp price of bond, making the illicit purchase of RS gp more worthwhile to everybody.

I hope it won't actually work this way. :(

26-Sep-2013 01:20:02

queen bajuka

queen bajuka

Posts: 1,196 Mithril Posts by user Forum Profile RuneMetrics Profile
I play solo so am totally lost with game since big upgrades. NOT IMPRESSED!!!! I will not be spending money on your bonds. I assume since the average world population is not 400 ppl average. AND I do not buy spins etc. But I logged in today at new day time and WOW NO SPINS for me. That's ok I am not greedy. preferred the things to renew skill necklaces lol. Thinkin Jagex is going broke since very few ppl play any more............... my opinion

26-Sep-2013 01:20:20

Booty Salad

Booty Salad

Posts: 263 Silver Posts by user Forum Profile RuneMetrics Profile
Original message details are unavailable.
I'm not sure if my logic is sound, but I think there might be an opportunity for arbitrage:
1) RW gold seller lowers price of RS gp so I can buy 7m gp for $2
2) RS bonds go for 7m gp in-game, so my $2 buys a bond worth $5
3) I redeem that bond for membership ... net result being a month of membership for $4 instead of $5

I don't know the economics of gold farming, so it might never happen, but seems like there's the risk that $ to gold farmers could be converted to gp for bonds that would end up reducing my monthly membership fee. If so, maybe I'll start thinking about taking advantage of gold farmers' offers. [not really, but for sake of argument]

Seems like RW Traders now have incentive to farm gold more efficiently so they can undercut gp price of bond, making the illicit purchase of RS gp more worthwhile to everybody.

I hope it won't actually work this way. :(

Definitely understand your concern, but if people start buying farm gold instead of bonds, the supply of bonds goes down and the demand for them goes up at the same time, quickly escalating them up to a price that isn't worth it anymore.
When you poop in your dreams, you poop foreal!

26-Sep-2013 01:23:51

Kierowanya

Kierowanya

Posts: 960 Gold Posts by user Forum Profile RuneMetrics Profile
Oh silly Jagex

NO RWT!

Unless you buy from us! *smiles with a shimmer*

At current G.E. prices this kills gold farming with some sever competition, but of course that is sure to drop soon as current market price of a bond is anywhere between 7-9m which means it's more expensive to buy from Jagex and thus the conflict is resolved and gold farming now has an addition outlet ... yay?

____________________________________________________________

Oh and what happens when some rich jerk comes into your game buying out and high alching rares? Are there to be new rules against this?

26-Sep-2013 01:29:19 - Last edited on 26-Sep-2013 01:34:01 by Kierowanya

Mod Tron

Mod Tron

Jagex Moderator Forum Profile Posts by user
Caged Monkey said :
I'm not sure if my logic is sound, but I think there might be an opportunity for arbitrage:
1) RW gold seller lowers price of RS gp so I can buy 7m gp for $2
2) RS bonds go for 7m gp in-game, so my $2 buys a bond worth $5
3) I redeem that bond for membership ... net result being a month of membership for $4 instead of $5

I don't know the economics of gold farming, so it might never happen, but seems like there's the risk that $ to gold farmers could be converted to gp for bonds that would end up reducing my monthly membership fee. If so, maybe I'll start thinking about taking advantage of gold farmers' offers. [not really, but for sake of argument]

Seems like RW Traders now have incentive to farm gold more efficiently so they can undercut gp price of bond, making the illicit purchase of RS gp more worthwhile to everybody.

I hope it won't actually work this way. :(

Definitely understand your concern, but if people start buying farm gold instead of bonds, the supply of bonds goes down and the demand for them goes up at the same time, quickly escalating them up to a price that isn't worth it anymore.

@Pro Creator

Nailed it!

+1 :)

26-Sep-2013 01:37:41

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