Regarding gold prices

If we want the price of gold to go back then we should be pushing for gold and items sinks. I've been in contract with jagex via email and they are willing to add more gold/item sinks however they need to benefit the game and the economy at the same time. We need the general players to be happy. As the price of gold goes down it actually hurts jagex because they make less money off botters simply because it's harder for people to make money botting. If botters can't make money then jagex cannot ban them and make money off membs. Lower prices also take money away from resellers/service providers because less people will be trying to bot and sell gold. If you have any idea for new ways to balance the economy just post stuff on the runescape forums, reddit or twitter. Jagex will work with you.


If you have any ideas or opinions please share.

 

People won't vote in gold/item sinks so it will never happen

 

What about removing gold drops from monsters and buffing areas where gold comes in? Do we really need gp as a reward from pest control?

Sitting around isn't going to do anything imo.

 

“I’ve been in contact with Jagex via email” haha, why even lie about that Jagex don’t just communicate with randoms about game updates via email.

Agreed gold and item sinks are needed, it’s posted on Reddit near daily though so I don’t see it happening anytime soon.

The amount of speculation here is pretty laughable.

 

You should check your ego bruh. It's actually very easy to get in contact with jagex if you're polite and trying to be productive.

 

Would be nice to keep gold price up any idea why its low atm

 

This is something I wonder about.. Thinking about how gold comes into the game, a large majority comes in through alching. Common items alched are dropped from slayer monsters, bosses, ect.

So imo pretty much every monsters drop table would have to be reworked to remove lots of the rune items and such and replaced with consumable skilling items and the like.

The issue is that then people complain about skilling items coming in through Pvm (such as the Zulrah nerf this year) Also jagex has to think about Ironmen, as they have to have a viable way to get these items. It's a lot of factors and no easy solution.

Anyway, this is just one way gold gets into the game. At this point the Osrs Economy is so bloated with billions of gp coming into the game every week, its not something that can be fixed with some gold sinks. It's a good start to have conversation about this though, and get involved with solving the problem before it becomes similar to Rs3's gp price and economy in general.

Cheers boys.

 

a lot of money came from dupes/zulrah

 

If everyone starts pushing for gold/item sinks the market will improve. It sucks seen dupes and glitches have hurt the market however that's reality. If you have an idea go post it somewhere because i can guarantee at least one person will listen. The mods are on reddit all the time.

 

You do realize this conversation is from a RWTing perspective, which JaGeX does not condone. Why would they listen to these type of concerns and take measures to counteract them and help the "market"?

 

if the market is healthy it helps them make money. You have 20k post i think you're smart enough to figure out how and where jagex can benefit from a high gold price. Who do they ban every single day? If you think i'm wrong please explain why as feedback is encouraged.

We're actually getting close to figuring out a solution.

 

It doesn't matter if prices are high. Suppose the black market prices crash. That would affect the bond prices in that the value of the bond would go up. So you'd be getting more gold per dollar; however, that would cause the prices of items to increase due to inflation and steady demand.

So really they don't benefit either way. The only people who buy bonds are the moral gamers who do not condone blackmarket activities and will continue to do so. You might actually be able to argue that decreasing the price per mil could increase the perceived benefits due to more gold per bond; therefore, JaGeX might make a bit more money with gold prices worth less per mil. But I digress.

Finally, RWTing is beneficial to the game in that it keeps both the lazy and the time-constrained people playing and continuing membership. However, they have a strong portion of their players against RWT which prevents them from changing their stance, so in turn they started to sell gold in the form of bonds: "if you can't beat them, join them." So there is an argument to be made that RWTing helps the game's player base; however, you've failed to correlate the market price of RWTing to a game's health. RS3 isn't a good comparison as that doesn't take into account external factors such as an already decreasing player base, EoC, etc.

 

So are you saying that less people are paying the game and/or buying gold? We can prove that the userbase for osrs is actually increasing while the price of gold drops... And item's continue to go down too. Why aren't the items going up?

I personally believe that a high % of jagex's revenue comes from banning bots which leads me to believe a higher gold price is better. Keep the illusion that anyone can make staggering amounts of money botting going! The only people to gain from lower gold prices are the brokers since they make a wider % margin. Breaking even from bans becomes easier.

i never said rwt was negative

Do you own tokenbets? You seem very bias. lower gold prices only benefit people running an operation like yours. Less risk.

 

So the player base raises while the price of gold drops: doesn't that contradict your original position? And the whole reason for banning bots, from an economic standpoint, is not to inflate the blackmarket prices of gold. The more they ban bots, the more goldfarmers have to pay for membership for their bots. This is the simple reason for that. If you want to make a realistic conspiracy theory, you'd say this: JaGeX purposefully isn't very harsh on banning and RWT to make it less of a risk so that people continue to engage in these activities. With a very harsh stance, they wouldn't have the sizeable revenue stream from bot membership and the previously mentioned lazy and time-constrained player base. Additionally, if they're too lax on it, it goes against their longstanding policy and would encourage the more radical members of anti-cheating to leave the game.

 

Dude You're the guy saying as gold prices go down the price of items should go up.

Most of us know jagex is harsh on botters. I said it's more beneficial for jagex to strive for a healthy economy so the allure of getting rich quick via botting stays alive. If the price is low less people will attempt to goldfarm causing jagex to lose money in the long run. Who would even attempt to bot if the best botting method made 1.5m p/h and a bond cost 15m? Only proven winners would. In reality most botters lose a ton of money once they figure out it's no cake walk. I'm gonna get "i personally believe that a high % of jagex's revenue comes from banning bots" tatted on me then move to your city just to remind you that jagex makes from people attempting to bot.

You also didn't answer my tokenbet question. You have some sort of partnetship with them so it makes sense why you want the price of gold to go down. You take people gold sell it and make people wait when they want to cash out. Also you make a wider % margin.

 

If you really want to ruin your body, have fun with that. However, once we get into percentage or dollar claims, you really ought to back them up with at least some hypothetical realistic math. If you're this passionate about this, find their income statement that is specific to RuneScape and start to pick it apart. Got to different worlds and find known botting areas: add them up at different points in time at different days and use a weighted average with a reasonable shift for unaccounted randoms.

Back to your analogy, assuming they use not the best method and do a method that's 750K an hour with bonds at 15M, that's feasible. 20 hours split evenly into 2 days with breaks and the whole lot is do-able. People bot 100K methods with 3M bonds which equates to 30 hours. This begs my next question: do you even know the botting market?

Finally, I didn't answer the TokenBets question because it's silly. Why would you just assume that? It seems like you're just reaching for conspiracy theory-esk ideas. Not everything has some corrupt or sneaky reason behind it. I'd love to hear your political views and statements to see who caused 9/11 but that's for another day.

 

I'm trying to figure out a solution to make the runescape economy better. I want all of us to make more money! I have all of jagex's documents and i have been going through them.

I see a lot of the same thinking in the tokenbets business plan as yours. Shot in the dark.

I don't really care about politics as i don't gain any value from them. If they decide to make the price of something to go up i'll have to pay that. If the price of healthcare doubles then i better have the money to pay for it.

 

The first thing I would do is drastically reduce the amount of gold that items create when high alched, high alching brings in so much money into the game it is not even funny. Probably even suggest removing the spell.

Than I would create a well of good will, which has been done, but tie in the amount of money thrown into the well to rare in game untradeable, cosmetic items this would give players who literally throw large amounts of money away end up looking cool.

I would also create some competitions within runescape that would be largely community based, such as clans vs clans and clan islands, similar to RS3. However only players who are in the clan get access to the island for a specified amount of time, and the island provides good perks, but the only way to get to the island is to throw away more money than any other clan in competition.

also runescape should sell GFs, people would probably buy those.

 

A lot of money is currently coming in with people auto-clicking / afking Ardougne Knights. It's very similar to high alching and brings in 100gp cash every pickpocket. Imagine like 100 people doing this every moment of the day. Thats 10k new rsgp that enters the economy every like 1 second. Do that times the amount of seconds in a day and you get 864,000,000 new rsgp that comes in the economy every single day.

Clans are hosting this, and its starting to get more and more populair as an easy way to train thieving.

 

The reason that's their plan is because lower gold prices mean more money