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Price Changes - 4th June 2018

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Angel2D4

Angel2D4

Posts: 15,772 Opal Posts by user Forum Profile RuneMetrics Profile
MechaFury said :

They are simply Lining investor pockets
Or
They are lining there own Pockets
OR BOTH

Do not forget guys Andrew and Paul Left in 2011 - Notice What happened after there departure.

There is something wrong here and anyone with a brain and simple understanding of how companies function will

And with minimal research one could find that Andrew left (sold out the last of his shares) in 2010.

At that time there were 3 investment firms that owned jagex (with Insight owning controlling interest and Spectrum and The Raine Group owning lesser shares).

More recently though, jagex was purchased from those investment firms, lock stock and barrel. 100% owned by a single company in China when it was all said and done.

Those new owners have been around a couple years now, but quite recently their stock has tanked (and tanked hard).

Ofc the owners want their company (jagex) to make as much money as possible.. that's what companies do.. jagex is no exception to that.

So it's a buck or so increase per month.. less than a single one of those starbucks lattes.. per month.. less than a single bottle of whatever your fave flavoured drink of choice might be.. less than fries to go with that burger.. once a month.. less than one candy bar per month.

Some are acting like it's the end of the world because a company raised their prices.. when most companies raise their prices on most things EVERY SINGLE YEAR.

It's all been blown way out of proportion, IMO. It's a simple thing.. the game you play is worth the cost (to you) or it isn't and you find one that is.

So stinkin' simple. Really. "Nothing in all the world is more dangerous than sincere ignorance and conscientious stupidity" -Martin Luther King Jr.

11-Apr-2018 04:21:35

Liberdy
Nov Member 2022

Liberdy

Posts: 332 Silver Posts by user Forum Profile RuneMetrics Profile
nerela93 said :
After reading through the swamp that is the comments on the preceding pages, lets establish a baseline of points that we can all agree on.

1. We are fine with Jagex having more money if the quality of updates are also increased.
2. A majority of the players dislike TH and MTX.
3. Blackwing always has the best posts.
4. Trump is a terrible president... SAD (true)
5. Players are the product, the game is not.

Rate hikes = not bad

I'd like to elaborate some of these points, respectfully leaving out the political portions of it.

1. Absolutely, this is an easy one to agree upon. I also believe that the majority of these same people would agree that the recent updates have been...lackluster to say the least.

2. I think this was one of the greatest mistakes in this game's history (though as some have pointed out prior to this post, it was understood that this would keep membership prices down). I get it, no official post confirming this, it's laughable really. Other companies allow unofficial conclusions to be made, without correcting them, when it benefits their personal agenda. This tactic however, is a little shocking from a company that used to be one of the most community-driven and transparent companies around. Clearly some things have changed in that respect.

5. This concept is why Old-School still exists. It's profounding that there can be a larger player-base on an outdated version of a game, while those same players pay membership for the newest version. This says way more about the current state of RS3 than anything else.

Conclusion: There's an old adage that states "The straw that broke the camel's back".

11-Apr-2018 04:21:50

Drake Paine

Drake Paine

Posts: 5,442 Rune Posts by user Forum Profile RuneMetrics Profile
To Our Beloved Runescape Mods - and to Jagex Proper,

A different viewpoint to offer here than of those I've read above so far.
A Bond Members Perspective:

While I am a very long time member, I have been purchasing membership in game via bonds for the past two or three years now.

It is not due to financial hardships - it has become a point of pride for myself that I am able to make enough every two weeks to purchase my next bond with in-game gold I've earned.

Though I let membership lapse from time to time (sometime for more than two weeks) the grandfather rate does not effect (or matter) to me. As my "cost" (in time, rather than cash) is directly proportional to the current Runescape economy in GP bond costs and my ability in making GP/hr. And time is my most precious resource - with life, work, and now a family - I can escape to this world less and less frequently these days.

However - I pride myself on being able to invest enough time into the game, with my account and skills/gp making knowledge as it is, to purchase my next allotment of time.

While I am aware that it makes me a non-monetary contributing member, my gold goes to someone who is. Whose has purchased that bond and is intent on trading it for in game currency. So Bond Members like myself are still indirectly supporting the game beyond simply investing our time, passion, and persona into the community.

My point here is that I will continue to purchase in game bonds to fund my membership, as a point of pride, if I can afford it. As you mentioned - you cannot possibly predict how bond GP fluctuation will change in the (somewhat) "open market" of the Runescape community. Other that to speculate the cost will most certainly rise in the short term and likely remain higher as the market stabilizes.

(continued...)

11-Apr-2018 04:29:28 - Last edited on 11-Apr-2018 04:39:18 by Drake Paine

Drake Paine

Drake Paine

Posts: 5,442 Rune Posts by user Forum Profile RuneMetrics Profile
As is the case already, since this update was released, I have been unable to purchase my next bond (so far) at over a 2M GP (15%+) increase in price offered from my bond two weeks prior. Though this is a boon for current bond purchasers, their GP value is still directly tied to demand.

If it becomes too high of a time investment for me to afford a bond with GP made over a two week period, I will eventually cease playing. Not because I cannot afford purchasing membership - but as a point of pride.

I am unaware of how many Bond Member there are in our little corner of the world, but I suspect my stance here is not one made alone. There will be others who reduce or eliminate Bond consumption as well.

The loss of these players over time will, in turn, drop prices back down. The market will stabalize, as you correctly noted, and the Runescape world will move on. Though liekly at a cost of a number of your Bond Members - many or most who would be veteran players. And perhaps even more in protest.

I believe your groundbreaking implementation of the bond system and it's overwhelming success has been the single greatest improvement you have ever made. It's beneficial effects on the entire gaming community as others look to you for guidance in botting riddance, currency selling curtailing, and game economy strengthening can be felt the world over.

But the market fluctuation and eventual stabilization of Bonds with this increase will be attributed nearly entirely to an end result in loss of Bond Members. When Bond costs goes up, less will be purchased - bond GP prices increase, and go down only when demand fades. I can only see the loss of veteran players as an unavoidable eventuality with this decision.

(continued...)

11-Apr-2018 04:29:36 - Last edited on 11-Apr-2018 04:31:57 by Drake Paine

Drake Paine

Drake Paine

Posts: 5,442 Rune Posts by user Forum Profile RuneMetrics Profile
My final words, in protest to this Bond Price raise:

The quality of life improvements over the past numbers of years have been wonderful. Not just recently, but regularly over the last three years we have seen the ninja team execute uncountable improvements graphically and audibly, with bugs fixes, quality of life improvements, and attention to detail. I has been wonderful!

However - your content development has been lacking. By all accounts both in the Runescape community and by your own admission, the ball has been dropped.

With your last price increase three years prior in March of 2015, mostly due to a long absence in price increases prior - the increase was justified. And while you have teased us with upcoming massive releases, there has been a noticeable lack of content.

In short - in my opinion, you have not earned this price increase. At least not yet.

Perhaps you intend to prove that you do deserve it over the next two months - but it will be a tough sell to put forth so quickly.

In the end - prices do simply and eventually go up. Inflation - a simple concept. Regarded forever with disdain by the buyers who, as workers, still expect regular raises. A laughable oxymoron of truth.

However - I still ask that you temporarily pause this increase.

Though your investments have been high and future releases look so incredibly promising... consider my words. Wait.

Take a breath. Believe in us - in our commitment. Pause this increase.

Let us see that you have earned this financial commitment. Not with words, but with content. Then release the price increase.

And you will still be heckled. You will still be boo'ed. Inflation - forever disdained by the buyers. But it will be with an air of acceptance - a short term balk quickly forgotten and even understood in the small corners of of our consumer consciousness.

Consider our words. Pause this increase. Believe in us.
As we have for so believed in you.

With Honor and Respect,

~ Drake R. Paine

11-Apr-2018 04:29:42 - Last edited on 11-Apr-2018 04:37:05 by Drake Paine

MechaFury

MechaFury

Posts: 8 Bronze Posts by user Forum Profile RuneMetrics Profile
Angel2D4 said :
MechaFury said :

They are simply Lining investor pockets
Or
They are lining there own Pockets
OR BOTH

Do not forget guys Andrew and Paul Left in 2011 - Notice What happened after there departure.

There is something wrong here and anyone with a brain and simple understanding of how companies function will

And with minimal research one could find that Andrew left (sold out the last of his shares) in 2010.

At that time there were 3 investment firms that owned jagex (with Insight owning controlling interest and Spectrum and The Raine Group owning lesser shares).

More recently though, jagex was purchased from those investment firms, lock stock and barrel. 100% owned by a single company in China when it was all said and done.

Those new owners have been around a couple years now, but quite recently their stock has tanked (and tanked hard).

So it's a buck or so increase per month.. less than a single one of those starbucks lattes.. per month.. less than a single bottle of whatever your fave flavoured drink of choice might be.. less than fries to go with that burger.. once a month.. less than one candy bar per month.

Some are acting like it's the end of the world because a company raised their prices.. when most companies raise their prices on most things EVERY SINGLE YEAR.

So stinkin' simple. Really.

SO Why then, If its Really such a insignificant number why increase the price at all?

not to mention you Answer a lot of questions without any reasons or understanding why
Why the Stock Tanked?
Why he sold his shares?

And increases of prices Every year - you do realize were talking about Software... right?

I also never said making money was bad, i simply stated a good company puts the money back into the company to create better products/experience for a customer.

Also About them leaving - I was merely pointing out the quality and downtrend of the game since

11-Apr-2018 04:30:20 - Last edited on 11-Apr-2018 04:41:08 by MechaFury

nerela93

nerela93

Posts: 19 Bronze Posts by user Forum Profile RuneMetrics Profile
Smurfyski said :
nerela93 said :


1. This is how every business operates, or else they do not stay a business.
2. Glad we agree
3. Perhaps his whining is him spitting truth you do not want to hear.
4. No. Let me reiterate.. No. You would be correct if you meant to type disapproval ratings.
5. Also glad we agree

M/S rework was planned to be released in September of 2016 if I remember correctly

1. Where's this game content then? Dying to know.
3. It's truth for sure, just kinda sad he's gotta announce his disapproval every mtx update.
4. Believe what you want I guess? Assuming you're anything but a conservative I suppose you types would. (Also bringing politics into a discussion where it has no basis to be.)

1. Not sure you read what I wrote correctly. Please reread.
3. As a knave to his liege, I kneel.
4. I am a nihilist, I recommend reading some Nietzsche if you fancy philosophy at all. Did you just assume my political affiliation? How dare you sir.

11-Apr-2018 04:32:01

MechaFury

MechaFury

Posts: 8 Bronze Posts by user Forum Profile RuneMetrics Profile
Original message details are unavailable.


4. I am a nihilist, I recommend reading some Nietzsche if you fancy philosophy at all. Did you just assume my political affiliation? How dare you sir.

I don't think a nihilist is a Political view, just a general outlook on life. in which case you should not care at all about this conversation ?

11-Apr-2018 04:37:24 - Last edited on 11-Apr-2018 04:39:09 by MechaFury

nerela93

nerela93

Posts: 19 Bronze Posts by user Forum Profile RuneMetrics Profile
MechaFury said :
Original message details are unavailable.


4. I am a nihilist, I recommend reading some Nietzsche if you fancy philosophy at all. Did you just assume my political affiliation? How dare you sir.

I don't think a nihilist is a Political view, just a general outlook on life. in which case you should not care at all about this conversation ?

I recommend you reread my post; see if you can detect the nuances between them.

11-Apr-2018 04:42:28

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