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Loopy Cow

Loopy Cow

Posts: 61 Iron Posts by user Forum Profile RuneMetrics Profile
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You make a claim that almost half of the player base are actively involved in rwt but you don't give any details.....

Of course not. What did you expect, names and addresses? :O
They could have explained why they haven't just banned those players if as they claim they know how many of use are doing it. Sure the gold farmers could just bounce back, but the people who actually bought the gold would have a much harder time of it.

They haven't said one way or the other. But the rules are very clear. Don't you get a warning first tho?

26-Sep-2013 15:45:53

Mod Pips

Mod Pips

Jagex Moderator Forum Profile Posts by user
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People will still buy gold as long as they can get it for a cheaper price than with these bonds. The gold farmers are only going to make their gold cheaper so more people are prone to buy it rather than your bonds


It's really important to understand that bonds do not need to undercut RWT prices in order to hurt the business of gold farmers. Bonds are not the same product, nor do they come with all of the risk of scamming and defrauding.

The point of bonds/RSGP price being player-decided through the free market is that the price will settle at the comfortable value players are willing to sell and buy for. It doesn't matter if that is not as good as gold farm RWT because it's still sating the demand that gold farmers serve.

For example, even if to start with Bonds 'only' rob the rwt gold farmers of half their trade, that is still serious damage to their operations and puts their business viability in jeopardy.

I don't feel that Bonds should ever directly compete with gold farmer prices, that's not the point. Bonds still undermine their business, marginalise their place in the market and make them leave for greener pastures in more vulnerable online games.

26-Sep-2013 15:53:57

Hobbes14
Oct Member 2022

Hobbes14

Posts: 10,102 Opal Posts by user Forum Profile RuneMetrics Profile
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You make a claim that almost half of the player base are actively involved in rwt but you don't give any details.....

Of course not. What did you expect, names and addresses? :O
They could have explained why they haven't just banned those players if as they claim they know how many of use are doing it. Sure the gold farmers could just bounce back, but the people who actually bought the gold would have a much harder time of it.

They haven't said one way or the other. But the rules are very clear. Don't you get a warning first tho?

No idea to be honest, they always seem to be changing.
Most likely though, I personally feel they should be harder on them, then maybe it wouldn't have gotten this out of hand.

EDIT:
Hi green lady. :D

26-Sep-2013 15:58:53 - Last edited on 26-Sep-2013 16:06:08 by Hobbes14

Mystic Monad
May Member 2005

Mystic Monad

Posts: 12,305 Opal Posts by user Forum Profile RuneMetrics Profile
There seems to be a lot of confusion about what, exactly, RWT is.

Superficially, RWT is any time in-game items or benefits are exchanged for real-life money.

But that's not exactly what RWT is.

RWT is any time people who DO NOT OWN the in-game items or benefits exchange them for real-life money. That is why RWT is theft, copyright infringement, illegal, and a highly corrupting influence in online games, including RS.

Unfortunately, the name "Real World Trading" (RWT) doesn't quite capture what RWT really is, leading to people accusing Jagex of RWT.

Fact is, Jagex cannot engage in RWT because Jagex is the rightful owner of all in-game items, characters, benefits, and so on. (That's correct, you do *not* own your RS character or any of its GP and items. Jagex does. You pay for the right to use them. In RS, you are a "renter," not an "owner." )

If Jagex wants to sell in-game items or benefits for real-world money (or more correctly, sell the *use* of in-game items or benefits), it has every right to do so, because it is the owner of those in-game items or benefits. In fact, Jagex has been doing so ever since it started selling memberships.

By the logic of those accusing Jagex of RWT, every single paid RS member is engaging in RWT--which, of course, is ridiculous.

The only real question is whether it is wise and good for the game, and for Jagex's business, to sell any in-game items or benefits.

I'm still thinking about the introduction of bonds into the game. Having read most of what Jagex has posted about it, and a lot of the member feedback, I'm inclined to think that this is a step Jagex simply had to take to further put the squeeze on the corruption introduced into the game, and affecting its players' real-life pocketbooks, by RWT websites selling what doesn't belong to them.

For now, I'd simply suggest that folks stop throwing around loose accusations that Jagex is engaging in RWT.

26-Sep-2013 16:01:38

Baby Got Yak
Nov Member 2023

Baby Got Yak

Posts: 9 Bronze Posts by user Forum Profile RuneMetrics Profile
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People will still buy gold as long as they can get it for a cheaper price than with these bonds. The gold farmers are only going to make their gold cheaper so more people are prone to buy it rather than your bonds


It's really important to understand that bonds do not need to undercut RWT prices in order to hurt the business of gold farmers. Bonds are not the same product, nor do they come with all of the risk of scamming and defrauding.

The point of bonds/RSGP price being player-decided through the free market is that the price will settle at the comfortable value players are willing to sell and buy for. It doesn't matter if that is not as good as gold farm RWT because it's still sating the demand that gold farmers serve.

For example, even if to start with Bonds 'only' rob the rwt gold farmers of half their trade, that is still serious damage to their operations and puts their business viability in jeopardy.

I don't feel that Bonds should ever directly compete with gold farmer prices, that's not the point. Bonds still undermine their business, marginalise their place in the market and make them leave for greener pastures in more vulnerable online games.

I agree that this update will likely kill the smaller gold farming businesses, but I feel bringing down the larger businesses will be a constant battle. As it was with U.S. financial companies; they are "too big to fail". I do hope Jagex has new solutions in the near future to keep addressing this issue.

26-Sep-2013 16:03:57

[#3K6HPFJB1]

[#3K6HPFJB1]

Posts: 239 Silver Posts by user Forum Profile RuneMetrics Profile
40 % you say? and do you think that 40 % will stop buying from outside sources and buy from you? or do you think the 60 % that have not ever done rwt will buy your crappy bonds?

If you don't like it, don't buy them and maybe they will go away, we see how well not spinning worked.

26-Sep-2013 16:05:05

funny mead

funny mead

Posts: 1,397 Mithril Posts by user Forum Profile RuneMetrics Profile
I'm not sure but i've read that the current value of illegal RWT is currently at 0,33$ per 1M and with bond its currently $0,66(current value bond 7.5m) per 1M. So people can get twice as much money there.

I am finding it a shame that you guys gave up and joined the RWT.
I knew everything was lost when you guys removed the rule that you wont sell items that gives a benifit in the game.

So how do you guys going to handle all this commotion? Waiting until everyone finds out that its pointless to be against this because you never listen?

You told us this is our year...

I suggest you guys should look at the comments here.

26-Sep-2013 16:10:23

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