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Dev Blog: The Grand Exchange

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Kempo10

Kempo10

Posts: 96 Iron Posts by user Forum Profile RuneMetrics Profile
Not One said :
"It would not replace the original, manual trade system, it would exist alongside it."
^This
Although it may seem obvious, this statement is why the GE seems like the right path. It means that people who like the GE, they are allowed to trade over it. And the people who don't like the GE, they are too allowed to not trade over it.


Although I can see the point that you're trying to make, the reality of the situation is that in a system where the GE is present, the GE will absolutely dominate the economy. For your proposed system to work, essentially two entirely separate economies would have to work simultaneously alongside one another, which just wouldn't work and would fall flat on its face. In reality, only one of the two systems will dominate (face to face transactions, or use of the GE), and thus will dictate ALL mainstream trading within the game. And in a world WITH the GE, you can bet your life that dominant economy will be that of the GE.

In other words, in order to trade COMPETITIVELY (or even at all, in many cases), people who want to trade face to face will find themselves FORCED to use the GE, just in order to make any sort of a deal.

I personally feel that Jagex have only made that point in some really weak effort to try to shut up anyone who's against the GE, so that it doesn't get shot down straight away, in the same way artisan did.

09-Jan-2015 21:43:46

Zardicto
Dec Member 2023

Zardicto

Posts: 77 Iron Posts by user Forum Profile RuneMetrics Profile
Miami said :
Pmy39 said :
This type of G.E. is just a step towards another rs3. What is the point of 'free trade' if you are limited by the amount you can buy?

The reason for price manipulation is because suggested prices are posted in G.E. based off previous trades which have a major influence from merchers.

Another huge issue is coinshare. This is huge factor in inflation.

Think of it like this, let's say 10 billion gp enters osrs every day and 8 billion leaves. coin share gets added now from drops converted to coins 13 billion gp enters rs every day but still 8 billion gp leaves.

This builds up over time. the effects of this won't be seen for at least 6 months, but prices will rise. Eventually the inflation will reach rs3 levels and getting higher levels and high end items will be a huge grind.


They dont understand lol... Reason ppl want ge is cause of laziness


they dont understand lol... reason ppl want no ge is cause ppl wont be able to scam anymore

09-Jan-2015 21:47:14 - Last edited on 09-Jan-2015 21:48:15 by Zardicto

Diggydug1

Diggydug1

Posts: 4,603 Adamant Posts by user Forum Profile RuneMetrics Profile
Zardicto said :
Miami said :
Pmy39 said :
This type of G.E. is just a step towards another rs3. What is the point of 'free trade' if you are limited by the amount you can buy?

The reason for price manipulation is because suggested prices are posted in G.E. based off previous trades which have a major influence from merchers.

Another huge issue is coinshare. This is huge factor in inflation.

Think of it like this, let's say 10 billion gp enters osrs every day and 8 billion leaves. coin share gets added now from drops converted to coins 13 billion gp enters rs every day but still 8 billion gp leaves.

This builds up over time. the effects of this won't be seen for at least 6 months, but prices will rise. Eventually the inflation will reach rs3 levels and getting higher levels and high end items will be a huge grind.


They dont understand lol... Reason ppl want ge is cause of laziness


they dont understand lol... reason ppl want no ge is cause ppl cant scam


Is that a serious response? Scams are exceptionally easy to avoid.

09-Jan-2015 21:48:45

Spel Casta

Spel Casta

Posts: 208 Silver Posts by user Forum Profile RuneMetrics Profile
Zardicto said :
Miami said :
Pmy39 said :
This type of G.E. is just a step towards another rs3. What is the point of 'free trade' if you are limited by the amount you can buy?

The reason for price manipulation is because suggested prices are posted in G.E. based off previous trades which have a major influence from merchers.

Another huge issue is coinshare. This is huge factor in inflation.

Think of it like this, let's say 10 billion gp enters osrs every day and 8 billion leaves. coin share gets added now from drops converted to coins 13 billion gp enters rs every day but still 8 billion gp leaves.

This builds up over time. the effects of this won't be seen for at least 6 months, but prices will rise. Eventually the inflation will reach rs3 levels and getting higher levels and high end items will be a huge grind.


They dont understand lol... Reason ppl want ge is cause of laziness


they dont understand lol... reason ppl want no ge is cause ppl wont be able to scam anymore


I wish I could live in your whimsical world where an economy ruining mess stops scams.

09-Jan-2015 21:49:09

Kempo10

Kempo10

Posts: 96 Iron Posts by user Forum Profile RuneMetrics Profile
Zardicto said :
Miami said :
Pmy39 said :
This type of G.E. is just a step towards another rs3. What is the point of 'free trade' if you are limited by the amount you can buy?

The reason for price manipulation is because suggested prices are posted in G.E. based off previous trades which have a major influence from merchers.

Another huge issue is coinshare. This is huge factor in inflation.

Think of it like this, let's say 10 billion gp enters osrs every day and 8 billion leaves. coin share gets added now from drops converted to coins 13 billion gp enters rs every day but still 8 billion gp leaves.

This builds up over time. the effects of this won't be seen for at least 6 months, but prices will rise. Eventually the inflation will reach rs3 levels and getting higher levels and high end items will be a huge grind.


They dont understand lol... Reason ppl want ge is cause of laziness


they dont understand lol... reason ppl want no ge is cause ppl wont be able to scam anymore


-Find very unusual, useless item
-Stock entire clan with item, and list on GE at several million GP
-Buy/sell between clan on GE
-Price SKY-ROCKETS
-Meet random guy in the street
-"Wanna buy this [flier etc.] for 2m? GE says it's worth 15m"


Don't be ridiculous; scammers will always exist: GE or no GE.

09-Jan-2015 21:51:50 - Last edited on 09-Jan-2015 21:53:47 by Kempo10

Sarafina

Sarafina

Posts: 42 Bronze Posts by user Forum Profile RuneMetrics Profile
Spel Casta said :
Zardicto said :
Miami said :
Pmy39 said :
This type of G.E. is just a step towards another rs3. What is the point of 'free trade' if you are limited by the amount you can buy?

The reason for price manipulation is because suggested prices are posted in G.E. based off previous trades which have a major influence from merchers.

Another huge issue is coinshare. This is huge factor in inflation.

Think of it like this, let's say 10 billion gp enters osrs every day and 8 billion leaves. coin share gets added now from drops converted to coins 13 billion gp enters rs every day but still 8 billion gp leaves.

This builds up over time. the effects of this won't be seen for at least 6 months, but prices will rise. Eventually the inflation will reach rs3 levels and getting higher levels and high end items will be a huge grind.


They dont understand lol... Reason ppl want ge is cause of laziness


they dont understand lol... reason ppl want no ge is cause ppl wont be able to scam anymore


I wish I could live in your whimsical world where an economy ruining mess stops scams.



Economy ruining mess lol


Yes to ge :D

09-Jan-2015 21:52:12

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