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First of all, you have the positives; people can buy memberships with them and Jagex actually makes more profit from bonds than a regular membership. Plus, people already buy OSRS gold for real life money, whether they do it from an illegitimate source or they transfer the wealth from RS3 where they've already sold bonds, so all this would do is hopefully reduce the amount of bots AND cut out the scamming middle man when transferring gold between OSRS and RS3.
But then, of course you have the worrying negatives; I'm personally not too worried about people buying thousands of bonds and selling them to build a nice bank, because that's ridiculous, but I'm more worried that those bonds devalue the time that people have spent making money so far on OSRS. Plus, it does make it easier to get buyable xp.
However, I then thought about that last sentence and wondered how much easier it actually makes it. Considering that the current exchange rate between OSRS and RS3 is 1:6 or so, and bonds cost around 6mil on RS3, that means that a bond would cost 1mil on OSRS roughly. If it's more than that, it'd be better value to swap the gold back from RS3. If it's less than that, RS3 players would do the opposite.
1 bond costs £3 in real life terms, meaning 1mil OSRS is £3. That doesn't sound too bad, but then when you consider that Bandos Tassets and Chestplate would be equal to £75 worth of bonds and an AGS is worth over £180, it really starts to hit home how much money people would have to pour into them to abuse them.
Look at Prayer, that's around 105mil using dragon bones I believe. 105mil is equal to £315. How many players are really going to spend £315 on Runescape, just for 99 Prayer? And it's similar with all the other buyables that are actually worth something (Not cooking, fletching etc). In reality, I really don't think there'd be many people there to abuse
Quoting this so people can see bonds aren't that bad!
18-Jul-2014 16:14:46