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Have a set price for bonds!

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Tenebri
Jan Member 2015

Tenebri

Posts: 39,236 Sapphire Posts by user Forum Profile RuneMetrics Profile
Runefish said :
I'm sorry, I don't understand what you mean by 'brings gold into the game'?

For example, 1 bond is £4.99 GBP, selling one bond today would net 8.5m. That 8.5m is not randomly generated, it's other players money that was already in the game.

Could someone please correct me if I am wrong, I don't understand how bonds add money into OSRS that wasn't already there.


you are not wrong.

infact bonds are the opposite they are a gold sink. as to make bonds tradeable again after buying (which many people do) it costs 10% of the ge value. which takes gold out of the game ;)
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16-Oct-2023 13:30:22 - Last edited on 16-Oct-2023 13:31:35 by Tenebri

Th3 Good Guy

Th3 Good Guy

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Runefish said :
I'm sorry, I don't understand what you mean by 'brings gold into the game'?

For example, 1 bond is £4.99 GBP, selling one bond today would net 8.5m. That 8.5m is not randomly generated, it's other players money that was already in the game.

Could someone please correct me if I am wrong, I don't understand how bonds add money into OSRS that wasn't already there.


bonds do not introduce new money into the game. What happens is that when a player purchases a bond with real-world money, they can choose to redeem it for either 14 days of membership or trade it with other players in-game. When a player redeems the bond for membership, no new in-game currency is generated. However, when they trade the bond with other players, they may receive in-game currency for it, but this currency was already in the game economy, as it was earned by other players through various in-game activities.

In summary, bonds allow players to exchange real-world money for in-game benefits or trade them with others for in-game currency, but they do not introduce new money into the game. They simply facilitate the transfer of resources that were already in the game's economy
~Th3 Good Guy :)

16-Oct-2023 17:58:06

Dilbert2001
Jun Member 2006

Dilbert2001

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It won't happen as OSRS still wants to fool the players to believe they don't have MTX and no pay to win. If they sell Bonds for a fixed price, it will be not only noticeable MTX but some will quickly say it is RWT.

Many OSRS players are very weary their friends notice OSRS has MTX and is very much pay to win anyway. They don't want OSRS to set a fixed price for bonds.

16-Oct-2023 20:45:39

Rishinger V
Jan Member 2024

Rishinger V

Posts: 20 Bronze Posts by user Forum Profile RuneMetrics Profile
Th3 Good Guy said :
Runefish said :
I'm sorry, I don't understand what you mean by 'brings gold into the game'?

For example, 1 bond is £4.99 GBP, selling one bond today would net 8.5m. That 8.5m is not randomly generated, it's other players money that was already in the game.

Could someone please correct me if I am wrong, I don't understand how bonds add money into OSRS that wasn't already there.


bonds do not introduce new money into the game. What happens is that when a player purchases a bond with real-world money, they can choose to redeem it for either 14 days of membership or trade it with other players in-game. When a player redeems the bond for membership, no new in-game currency is generated. However, when they trade the bond with other players, they may receive in-game currency for it, but this currency was already in the game economy, as it was earned by other players through various in-game activities.

In summary, bonds allow players to exchange real-world money for in-game benefits or trade them with others for in-game currency, but they do not introduce new money into the game. They simply facilitate the transfer of resources that were already in the game's economy



The logic is simple, the bonds themselves do not bring in more money but cause a chain of events that does.

Say RWT'ers are selling 10 million gold for $10
When a bond is $10 for 2 million in game gold? no problem

But when a bond inevitably becomes something like $10 for 14 million in game gold?
Then all those RWT'ers are going to go "oh shit, our prices are too high and people aren't buying our gold, it's time to sell 20 million gold for $10!"
And then they have their bot farms creating more and more resources/gold to bring into the game to get the same profit out of it.

Basically as bond prices go high RWT'ers are going to be creating more and more gold to get a profit, further saturating the already bloated economy

17-Oct-2023 05:26:21

Tenebri
Jan Member 2015

Tenebri

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you also ignore this one. im going to assume accidentally. so im just going to requote it here ;)

Tenebri said :
Rishinger V said :
....how exactly would a set price make them liable for underage gambling?

.


right now its a game. the ingame currency has 0 value.
it being 0 value means anything considered "gambling" such as dming lms etc is fine under uk law as nothing of value is being gambled. its just a game

having an actual conversion say £1.00 = 1m that is a direct conversion that doesnt change. this now makes anything in runescape that can be considered gambling (such as dming/ lms etc) gambling. and as there are players under the legal age in this game. they will be liable.


the higher ups many years ago have said they cant equate real value to ingame items (gp included) this is what having a set price for bonds will do



Rishinger V said :


This isn't like a lootbox where you're getting a random reward for the money you pay, you would be getting a set amount of gold for real life money, hell the way it is now where the gold you get for a bond constantly fluctuates is more like gambling .


yes i know im not talking lootboxes. im talking about having a fixed conversion on items for real money. something they have said they cant do (anymore)
200m all RS3 on 7/3/19
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17-Oct-2023 20:06:12

Rishinger V
Jan Member 2024

Rishinger V

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Tenebri said :
Rishinger V said :


Basically as bond prices go high RWT'ers are going to be creating more and more



no thats 100% wrong.

bonds do not create gp. they are a gp sink the complete opposite. i explained in post above


Read what i actually wrote.
I didn't say bonds create gold....at all, i said bonds create a chain of events that cause more gold to come into the game.

I'll world it in the most basic way as possible:

As bonds start getting traded for higher amounts of gold, real world traders are going to need to sell more gold for less money.
And seeing as they need to sell more gold to make the same amount of profit they're going to keep farming more and more items to sell/alch and bring more gold into the game.

18-Oct-2023 07:50:34

Tenebri
Jan Member 2015

Tenebri

Posts: 39,236 Sapphire Posts by user Forum Profile RuneMetrics Profile
Rishinger V said :
Tenebri said :
Rishinger V said :


Basically as bond prices go high RWT'ers are going to be creating more and more



no thats 100% wrong.

bonds do not create gp. they are a gp sink the complete opposite. i explained in post above


Read what i actually wrote.
I didn't say bonds create gold....at all, i said bonds create a chain of events that cause more gold to come into the game.

I'll world it in the most basic way as possible:

As bonds start getting traded for higher amounts of gold, real world traders are going to need to sell more gold for less money.
And seeing as they need to sell more gold to make the same amount of profit they're going to keep farming more and more items to sell/alch and bring more gold into the game.


again not true. and this is just grasping at straws.

bonds remove gp from the game simple as. its easier to just go "oh okay" instead of arguing something completely wrong.
especially when that isnt how it works. otherwise you can say the ge tax has a chain reaction to create more gp. (insert your reasoning)

bonds remove gp. they have 10% ge fee when making the tradeable that removes gp from the game.

no chain reaction mental gymnastics to try fit your idea. thats the way it is.




and now im thinking you are ignoring my other post ¬_¬ this one

or do you agree jagex dont want to equate gp with real money value? (aka the point of this thread)
200m all RS3 on 7/3/19
1.2Billion overall Slayer xp / Ultimate slayer title

OSRS 2277/2277 Untrim slayer cape
Hail Satan, He loves for who you are.

18-Oct-2023 08:34:02 - Last edited on 18-Oct-2023 08:38:50 by Tenebri

Dilbert2001
Jun Member 2006

Dilbert2001

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Even if Bonds are sold for fixed amount of gp, it doesn't give gp real world values.

There were (potential) gambling problems in Duel Arena. There are still such problems in OSRS's Emir Arena, but the bigger actual problems is not just RNG or Bond are sold for fixed money or not. The actual underlying problem is it is player to player gambling, or potentially so, in some countries.

For instance, GTA 5 has a player to player virtual casino. They don't sell bonds and players are purely gambling with gp they earn from the game, but they still disallow underage players to participate, as well as banning the whole feature in countries like Belgium and Netherland. The problem is player to player gambling or staking is closely monitored by a lot of countries.

19-Oct-2023 19:26:59

Tenebri
Jan Member 2015

Tenebri

Posts: 39,236 Sapphire Posts by user Forum Profile RuneMetrics Profile
Dilbert2001 said :
Even if Bonds are sold for fixed amount of gp, it doesn't give gp real world values.


yes it does.

if a bond is 1m, and you can buy a bond for $1.00 then that jagex equating gp to $. at a rate of 1m per $1.

its why they had to stop the well of goodwill, because thats exactly what they did (just with different numbers obviously im using 1m - $1 as an example)
200m all RS3 on 7/3/19
1.2Billion overall Slayer xp / Ultimate slayer title

OSRS 2277/2277 Untrim slayer cape
Hail Satan, He loves for who you are.

19-Oct-2023 20:26:05

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