The market touches $0.39 per million of gold, affecting the services market

Discussion in 'Market Discussion' started by Naturalista, Oct 15, 2020.

The market touches $0.39 per million of gold, affecting the services market
  1. Unread #1 - Oct 15, 2020 at 1:12 AM
  2. Naturalista
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    The market touches $0.39 per million of gold, affecting the services market

    Let's talk about it
    One year I have been working full time in OSRS services, I think it is a short time for which many of you have been here, however I have seen a lot going on through my experiences with different providers and different roles. From the roles of employee, trainer, administrator, manager to direct client provider

    This week has been hard because those of us who live from this see how the false competition for customers and the arrival of a large number of Venezuelans to the sythe market during this year (many of them who give away their labor without questioning anything), all this resulting in lower prices for services along with lower gold prices taking this to a point of collapse (sorry for being a preacher of the apocalypse)

    Of course, this is just my perspective on the matter. So I'm opening this topic to get the opinions of the other members and of the most experienced in the business

    All answers are welcome
     
  3. Unread #2 - Oct 18, 2020 at 10:20 AM
  4. The_Braaap
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    The market touches $0.39 per million of gold, affecting the services market

    Although you would probably know more of the “insider” info when it comes to services being offered on the black market, but I think it really just comes down to needing more people playing the game to keep prices higher given the amount of gold sinks in the game. If more people are buying then the better it is for the price of gold.

    The interesting thing will be when osrs hits the steam platform. Hopefully it will drive more traffic to play. Interesting discussion.
     
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  5. Unread #3 - Oct 20, 2020 at 8:03 AM
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    The market touches $0.39 per million of gold, affecting the services market

    Been playing OSRS a long time, although I am relatively new to Sythe, the ability to buy and sell gold in-game is as old as the game itself. I have been noticing the gradual drop in the overall price of OSRS gold and It's crazy to think that there are entire real economies having direct effects inside and outside of the game. A high rate of production in-game (gold farmers) will inevitably yield more gold in-game.

    Hopefully given all the money sinks in-game the demand for gold catches up to the gold production itself and the prices work out a bit better for you man.

    Very cool to have members on the forum like yourself giving perspective on topics like this. Especially given your direct relation to it.
     
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  7. Unread #4 - Oct 20, 2020 at 7:12 PM
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    The market touches $0.39 per million of gold, affecting the services market

    I think this has everything to do with the covid-19 pandemic, more people with more time on their hands flooding the market. Right when the pandemic happened gold rised to crazy prices and this is just the effects of that.
     
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  9. Unread #5 - Oct 26, 2020 at 9:03 AM
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    The market touches $0.39 per million of gold, affecting the services market

    Are there rumors that osrs will be added to steam? @The_Braaap
     
  11. Unread #6 - Oct 26, 2020 at 7:13 PM
  12. The_Braaap
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    The market touches $0.39 per million of gold, affecting the services market


    Ya I forget where I read it but rs3 is already on it and they were planning on adding old school after the new year
     
  13. Unread #7 - Nov 4, 2020 at 10:13 AM
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    The market touches $0.39 per million of gold, affecting the services market

    the big drop has to do with leagues, check this vid.
     
    Last edited: Nov 4, 2020
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