forums.rs

Forums

Price Changes - 4th June 2018

Quick find code: 294-295-379-66004091

of 63
War tortoise
Sep Member 2011

War tortoise

Posts: 9,487 Rune Posts by user Forum Profile RuneMetrics Profile
Ben Lunaris said :
Atleast make the period 30 days instead of 14...


Or regulate bond prices because they're gonna spike like crazy...


they can't exactly do eather of that, and you arn't exactly loyal if you wait a month+ to resub.

Neat said :
I'm not really sure how I feel about the new price changes....

On a good note, glad the grandfather rates are staying the same.

yeah but mtx is going up, can I have grandfathered mtx rates too pls? :(

that being said I haven't bought a runecoin in ages so lol (at least not since getting the gameblast stuff, don't have funds to get whatelse I want.) Lost Woods numba 1, (NOT EE, Those scrubs are liars ;p)

*~War Tortoise

12-Apr-2018 17:10:22

Angel2D4

Angel2D4

Posts: 15,772 Opal Posts by user Forum Profile RuneMetrics Profile
sewpkan said :
how will this affect bonds bought with in game currency? i am a member at the moment paid with a bond bought in game, so how will the ge price of bonds change?

I suspect the price of bonds (bought with in game coins) will rise accordingly (actually, I suspect the players selling the bonds in the grand exchange are going to want significantly more for each bond because they're going to be paying an additional dollar per bond that they're selling). "Nothing in all the world is more dangerous than sincere ignorance and conscientious stupidity" -Martin Luther King Jr.

12-Apr-2018 17:24:34

Dilbert2001
Jun Member 2006

Dilbert2001

Posts: 30,168 Sapphire Posts by user Forum Profile RuneMetrics Profile
S t e f said :
I find it funny all the defenders of Jagex.

Hmm... not really funny or surprising to me. It only means a lot of the 723.3k RS members are grandfathered and the membership price hike means nothing to them. ;) ;) ;)

Anyway, if Jagex wasn't sold to a new owner last year, I believe membership price would have been raised last year. The new Jagex Bosses have actually been good to the players.

I expect membership price will continue to rise to the $15 a month game industry standard in perhaps 3 years. :D :D :D

12-Apr-2018 17:48:31

Resherack
Feb Member 2013

Resherack

Posts: 165 Iron Posts by user Forum Profile RuneMetrics Profile
For anyone wondering on the actual reason for the price hike, the real reason is as follows
Jagex's chinese overlords Zhonji Holdings had an over 50% drop in their stock in the past 1 1/2 months.

and seeing how Jagex's chinese overlords cited jagex as a "Cashcow" it is of no surprise they decided to milk more out of jagex for their failing stock.

the reasons are extremely unlikely to be related to brexit in any way just from the simple fact that jagex has been having record revenue and profits for the past 4-5 years which was still during all the brexit voting etc.

AND that also answers the question of whether they need money for development or not, they dont they got over £23 million in PROFIT last year alone which means everything is funded accordingly, and if its not that is solely jagex's fault for not allocating further funding where needed and would still not result in the need of a price hike.

I mean i like Jagex but when they blatantly lie it rather annoys me

Edit: and yes bond prices are obviously going to rise, just since they announced it the med price rose over 2m from when they were dropping (750k just today) and seeing how fast they're rising the actual price of a bond i would guess is at least 1-2m higher then the current ge med

12-Apr-2018 17:48:34 - Last edited on 12-Apr-2018 17:53:39 by Resherack

Dilbert2001
Jun Member 2006

Dilbert2001

Posts: 30,168 Sapphire Posts by user Forum Profile RuneMetrics Profile
Resherack said :
For anyone wondering on the actual reason for the price hike, the real reason is as follows
Jagex's chinese overlords Zhonji Holdings had an over 50% drop in their stock in the past 1 1/2 months.

and seeing how Jagex's chinese overlords cited jagex as a "Cashcow" it is of no surprise they decided to milk more out of jagex for their failing stock.

the reasons are extremely unlikely to be related to brexit in any way just from the simple fact that jagex has been having record revenue and profits for the past 4-5 years which was still during all the brexit voting etc.

AND that also answers the question of whether they need money for development or not, they dont they got over £23 million in PROFIT last year alone which means everything is funded accordingly, and if its not that is solely jagex's fault for not allocating further funding where needed and would still not result in the need of a price hike.

I mean i like Jagex but when they blatantly lie it rather annoys me

Edit: and yes bond prices are obviously going to rise, just since they announced it the med price rose over 2m from when they were dropping (750k just today) and seeing how fast they're rising the actual price of a bond i would guess is at least 1-2m higher then the current ge med

Not exactly. The actual owner of Jagex is Hongtou Network Technology, not Zongi. What you saw the "50% drop in their stock price" is the investment firm that owns Hongtou among other companies in different industries. Their stock price dropped mainly because one sharedolder is selling off his mining asset to another company.

They are not taking money out of Jagex. In fact, they are reportedly adding 25% more employees to Jagex. I think the increase payload as well as the below industry standard of $15 a month is the actual reason for the price hike, not Brexit. :D :D :D

12-Apr-2018 18:02:45

Resherack
Feb Member 2013

Resherack

Posts: 165 Iron Posts by user Forum Profile RuneMetrics Profile
except hongtou hasnt been jagex's parent company since 2016, and seeing how jagex's employee numbers have only dropped since first being bought by the chinese in early 2016* its unlikely they are going to get more employees since they had enough money to keep the ones they got rid of. also the "avg price for membership for games" is irrelevant for said thing im discussing which is jagex almost certainly lying about WHY their raising prices, if they just straight up said "were raising prices cuz we want money/our chinese overlords do" i prob wouldnt have really posted anything on this threat.

furthermore if u go to account then billing support you can find the price increase for keys/runecoins as well which starts at a dollar for the basic ones (15 keys/200runecoins)

however what they didnt mention which is in the billing support price increase area is that runemetrics will be increase from $3 to $7.

which is kinda retarded as it will probably result in the few users who do use runemetrics to drop it.

12-Apr-2018 18:21:19 - Last edited on 12-Apr-2018 18:22:39 by Resherack

Dilbert2001
Jun Member 2006

Dilbert2001

Posts: 30,168 Sapphire Posts by user Forum Profile RuneMetrics Profile
Resherack said :
except hongtou hasnt been jagex's parent company since 2016, and seeing how jagex's employee numbers have only dropped since first being bought by the chinese in early 2016* its unlikely they are going to get more employees since they had enough money to keep the ones they got rid of. also the "avg price for membership for games" is irrelevant for said thing im discussing which is jagex almost certainly lying about WHY their raising prices, if they just straight up said "were raising prices cuz we want money/our chinese overlords do" i prob wouldnt have really posted anything on this threat.

furthermore if u go to account then billing support you can find the price increase for keys/runecoins as well which starts at a dollar for the basic ones (15 keys/200runecoins)

however what they didnt mention which is in the billing support price increase area is that runemetrics will be increase from $3 to $7.

which is kinda retarded as it will probably result in the few users who do use runemetrics to drop it.

Jagex is not alone among Cambridge technology companies in needing more staff but its numbers are quite striking.

The company currently employs 320 and anticipates growing that number to 400 this year.

“If I could wave my magic wand, I would add at least 100,” says Phi (Jagex CEO Manfred)l. “Realistically, in terms of the intake we could find and handle, we could probably add 70-80. And there’s more growth beyond that.


source: Cambridge Independent News. Feb 17, 2018.

Enough said. :D :D :D

12-Apr-2018 18:32:51

Johan Rayne

Johan Rayne

Posts: 478 Silver Posts by user Forum Profile RuneMetrics Profile
There is truth in what is stated, the complaints, are grievances that customers have against the company. The customers have had grievances for a decade now. Some grievances split the community, others are universal with a minority keeping it from being absolute.
I agree with most of the current grievances. I for the most part liked the eoc and nis systems, I did not understand those complaints. I did not like set effects and specials on the old armor nerfed. But I like dps and I have more of that.

The current grievances deal with the companies productivity.

Menophos, the value I see is a priffdinas falls for lower levels and a cactus. Without the grind of rep, I would call it dead content upon release. what value does it have for most players?

Deep sea fishing, the value sailfish, slightly better than rocktail, yet the combo of both make each less valuable. I would call it dead content shortly after release.

The comment about 50% dead content is false, it is much higher than that. I walked through the khazard area the other day, the buildings locked or nothing to do with them, another building that had 1 necromancer to kill, and a building to necromance, which I have no desire to do. There is a berry bush by the monastery and I use the spirit tree and gnome maze to get to the coconut tree. Other than the berry bush and coconut tree I consider the area dead content. It could be bulldozed and rebuilt. Everything between ardougne and yanille as well as witchaven.

The area could be used by new players, but f2p won’t stick around to become p2p if they are disrespected and kept from getting enough content in f2p. as well as players like me with over 1 billion xp, I don’t like being disrespected during the times when I need a break from the main game. How does one gain a max cape and 1 billion xp? Obviously at one time they were p2p.

12-Apr-2018 18:37:26 - Last edited on 12-Apr-2018 18:40:07 by Johan Rayne

Johan Rayne

Johan Rayne

Posts: 478 Silver Posts by user Forum Profile RuneMetrics Profile
The fayre, value 1 klaw package. The best fayre item is the yak teleport, I got it previously, unfortunately I took it out of rotation because it creates a thump, thump in the audio.

The reason why I leave my audio on is because of ambient sound, things such as birds chirping and waves crashing. This is one thing I like about the game, along with it being simple, I also keep textures off to avoid lag and I simply like the textures off. It is true this is a toy version of rpgs. And that is what I like about it. I like wow for wow and I like rs for rs. However I like rs in spite of itself, and much of that started 15 years ago at its inception.

I take 6-18 months of at a time, I’m not worried about being grandfathered in. my gold in bank is capped and pouch is over 2b. I can get another gold package, no problem, but when the bond prices rise I will have to evaluate whether in this “game” I am able to continue to build, or if I am spending my entire time “working for jagex” by gaining gold for bonds. Jagex made an extra 40 dollars off me by my paying gold for bonds. Package in cash 80$ package in bonds 120$. An extra 40$ profit off of me because I gain gold ingame for them. When I let my membership lapse, what will be waiting for me in f2p on the occasion that I log in for “fun”?

As for the lack of posts by mods, I applaud them—it shows wisdom. Of course I could be reading too much into it.

As to the responses to the grievances being “adapt or quit” or “if you don’t like this game just quit”, this is sealing your own fate. You of course would not say it if you believed it would actually happen.

Money talks and bullshit walks.

12-Apr-2018 18:38:00 - Last edited on 12-Apr-2018 18:41:29 by Johan Rayne

Quick find code: 294-295-379-66004091 Back to Top