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Randynumbers
Dec Member 2012

Randynumbers

Posts: 563 Steel Posts by user Forum Profile RuneMetrics Profile
Bond – Obligations

Lets run the numbers:

150-170B gp added to game every day
3.700B was deleted this year. (270 days)
3.700B/270days= roughly 14b per day gets deleted.
14/150 to 14-170b gets deleted. So 8-9% gets deleted.
This means 91-92% of all daily added GP is either kept by farmers or sold to players.
About 80,000 people actively play runescape atm (information obtained by season highscores, i know it can be somewhat off but theres no other public info)
40% to 50% of them buy gold so
32.000 to 40.000 of them buy gold
Going by averages:
160b*0.91 = 145.6b sold to gold buying players every day
36.000 players buying that concludes gold buying players buy an average of 4 mil a day.

So how much will bonds be worth and What does it mean for our economy?

The poor player wanting to buy in-game advantage compares the price of the gold-farmer to the value of the bond, and chooses to buy the cheapest option. So bonds will be worth whatever Gold farmers will make the price per mil. This is currently about $0.30, making bonds worth 10 mil atm.
The rich player has no problem wasting some mills to save a few dollars. So rich players will be circulating existing GP to poor players and extend their membership, paid for by the poor player.
Players can now legally buy in-game advantages with money. A promise Jagex had earlier made to never do. So why did they do it?
Jagex stated that they can’t tackle this problem because of player demand for GP. Jagex states they did it to effectively destroy the business of gold farmers. But Let’* examine.
Poor players can now buy gold from a farmer or from a player. When the player buys it off the farmer the farmer gets money, when the player buys it off another player, he has paid jagex for a bond. The poor-player will choose for the cheapest option the prices will pretty much always level the same. As soon as the illegal market becomes cheaper, more people will start to buy gold by illegal ways.

26-Sep-2013 01:43:21

firethanatos

firethanatos

Posts: 40 Bronze Posts by user Forum Profile RuneMetrics Profile
Hmm, interesting... Pretty soon I'l be able to buy 2 bonds which equals 28 days of membership for 2m. Very interesting indeed...

I like the way you implemented this, Jagex, but I don't think this will be very effective. The end user will not be willing to pay the 12m or whatever it is now for two weeks membership (the others are useless). The price will drop to the 1-5 mill range my the end of the year, in which case it will be cheaper to buy from a gold farmer. I'm glad you'll make money on this, but I really don't think it's fair to ***** the legit players who want some extra GP.

That being said, this will be a good merching opportunity. The price will rise again after the big crash, there is a high potential to make RS money.

Thanks for the free membership Jagex. I'm glad that I don't have to pay for it anymore...

26-Sep-2013 01:44:57

ricky roma
Mar Member 2011

ricky roma

Posts: 206 Silver Posts by user Forum Profile RuneMetrics Profile
So...they're combating RWT by letting us buy things with real money that you can sell for GP?

I mean, I'm sure this was made with good intentions, but it seems a tad strange that you're fighting something by doing exactly what that something is doing itself!

The other uses seem very interesting, and the ability to potential pay for Membership with GP seems intriguing.

26-Sep-2013 01:46:37

Randynumbers
Dec Member 2012

Randynumbers

Posts: 563 Steel Posts by user Forum Profile RuneMetrics Profile
What will happen to in game prices?
I havn’t figured this out yet. Depending on the players mentality either new gold will be added to the game, or existing gold will be recirculating. The added gp is new gp, the circulating gp is existing gp. So lets pretend half the players will buy illegal gold and the other half from jagex. That would mean that in stead of 150b added to the game every day, there will be 75b existing gold circulating and 75b added. Judging by the suppliers amount of member accounts, this will be a dint in their sales. Meaning left over stock, and probably a drop in their prices for mills. This does little but make the value in mills for bonds raise further. It’s pretty much an endless situation. Only difference is that now jagex is also getting a buck out of it. there will be less money in the game tho, meaning prices will probably get a bit lower, but not much. as the bonds gold will come from the richest players sitting on their cash, it's already out of circulation.

End conclusion:
Like the old saying " if you can’t beat them, join them." Jagex will be sharing a piece of the Pie with the gold farmers. increasing their profits, while doing practically nothing to harm the economy further, as it's already happening, whether they want to or not

They effectively destroy part of the illegal market by becoming a supplier themselves.
As the price of the gold farmers gold has an immediate effect on the value of bonds the price will be irrelevant to the cut jagex takes out of their market.
Gold farmers will be the direct influence to the price of bonds.

26-Sep-2013 01:49:53

zenmort
Jan Member 2023

zenmort

Posts: 2,812 Adamant Posts by user Forum Profile RuneMetrics Profile
A guy makes his 1st runescape account,pays for membership and of course has no money to work with at 1st so buys a bond and sells it for 8 million.

This player now has 8 million without skilling or pvming or gaining any xp.

Now lets work it out....how did this chap get 8 million gp?Obvious..jagex sold it to him
for 5 quid.

No amount of flimflam from a mod that can't possibly believe what he is typing will detract from the fact jagex sold this guy the means to gain 8 million gp for giving them 5 quid.

26-Sep-2013 01:50:40

Saidin
Jun Member 2007

Saidin

Posts: 2,624 Adamant Posts by user Forum Profile RuneMetrics Profile
Once again for every step forward, five steps backward. This will not stop gold farming, not even close to it. As long as players can buy gold for cheaper than these bonds, this whole idea is pathetically flawed from the start.

26-Sep-2013 01:51:36

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