1% tax... gold prices increasing... lul

c0llin · Sep 24, 2018

Lexus said: ↑

I really dislike the staking tax. If you are staking for a long period of time it seriously eats away at your profit. If you are just doing one big chuck it's not as bad.
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that's honestly the whole point, the arena became something in time i dont think jagex wanted it to be, but they dont feel they can get rid of it so just make it worse to use.

GudMe · Sep 27, 2018

c0llin said: ↑

There are thousands and thousands of players who do not rwt or stake, as jagex has stated themselves about 50% of players do rwt, so a certain % of the gold isnt going to be rwted and won't be rwted unless the player is hacked. Staking is notoriously connected with rwting and xers made billions and billions and either took it from people who rwtd or regular players who might not otherwise.
And honestly the tax on duel arena is much more fair than a tax on the ge, the ge was added to make trading easier, while the duel arena turned into something they didn't want it to be. So they are trying to disincentivise people to use it to some extent.

Also one more reason why gold being rwted and gold not being rwted matters is it affects the scarcity of the item. If theres 100000 of an item produced but 99000 of them won't be sold by the owners the last 1000 are worth much more due to the other 99000 not being available to the market. The same is with the gold since half the community chooses not to rwt and sell their gold it helps boost the price of the gold being traded as it restricts supply.
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Perhaps I misunderstood you... You seemed to be suggesting that by taxing the duel arena the effect on gold inflation is less than it would be if the g/e was taxed because you seem to believe there is some inherent difference in "duel arena gold" (bc its "more likely to be rwted") and "non-duel arena gold". I'm a bit rusty on my econ termininmology but this thinking is flawed.... Because all gold is eventually used and traded around people its all the same. Taking out gold through duel arena has the same exact effect as taking out gold through the g/e.

At the end of the day it is just a simple deflationary measure.... The amount of gold overall drops.

Artur · Sep 27, 2018

Honestly i don’t mind the new sand casino update where it’s only gold or plat allowed for staking and the 1% tax fee. Takes gold out of the game and balances the market out. If you think about it the tax won’t really effect stakes on a daily basis, unless you’re doing bills

projectPD · Oct 3, 2018

TAXING IS GOOD FOR RS ECON AND THE GOLD ECON. chill

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1% tax... gold prices increasing... lul

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