gp should go down..

Everyone is stating that they know what the prices will be in the future. No one knows what the price will be. The price is based on Supply and Demand, runescape black markets are a free-trade market. The supply is going up, and the demand is going up that's why the price has stayed pretty flat for a couple months. The price WILL go lower if the botters keep going. I'm sure that JaGex isn't that stupid. They monitor the prices I'm sure as closely as we do. They know that if the price goes low, to a price that is consistent with a private server price that their game will die, and their player base will vanish. It started happening in 2003 or 2004 (dont remember exactly) when all the botters were ravaging RSC. You could go to any world, in the mining guild and there would be hundreds of miners. They came out with a MASS ban and the prices went back up. I'm sure that JaGex will be coming out with a mass ban soon enough.

 

State this as a question and admit you don't know a thing.
It doesn't matter what the prices on gp are.
If they took 9 coins every 10 coins there are in the game and ALL price are lowered by 10% then the prices of gp would go up to 5$/Mill.
AND NOT A FUCK WOULD BE GIVEN.
Same thing as if there were a big inflation.
If the price goes down it just means that a mill is valued less not that less people care.

The gp value per mill goes down because there is always more gp coming, and the gp inflates at a very high rate, but the sellers are selling a hell of a lot more than when it was valued at, I don't know, 3$.

 

Price of gold will go down in the next 3 months to 40c/m - (newbie buyers) and 25c-30c/m - (Bulk buyers)

That's just my estimate

 

You're right Jallic. People have billions and billions now. For example.. the smokin' Mills website. And for the record, the IRL price of gold is loosly connected to the rs economy. If it drops to .10, everything on rs goes up a bit.

 

Are you stupid. Dicing is NOT the reason. Dicing just makes the money go back and forth, while bot farms are what bring the gp into the game,

 

think before you go on calling somebody stupid.
Not everybody in this game is rich because he bought his gp, there are those who earned them.

Thus, if blackmarket traders win money by dicing and sell it, there will be more gp to be sold circulating.

while it may not be the biggest reason, it is a factor that affects the price of GP.

 

That is not true... Some people purchase gold and dice it, the person that won then might want to sell it or dice larger. The main factor to price drops are botfarms, they are what brings gold into the game. Dicing just has gold go back and fourth, no gold is being added to the game when dicing.

 

No more gold is added to the game, but more gold is being circulated in the BLACK maket.

 

As you all shoud already know supply and demand have an inverse affect on each other as one goes up the other goes down and as demand goes down the price goes down.

However in runescape the situation is pretty difficult and we all need to factor in various different variables for instance a big update such as new barrows items or aura's may bring more players into the game thus a larger demand. We also need to think about this places like frost dragons are already at their maximum capacity what I mean by this is every world is already packed the drops are already being picked up at their maximum rate " can be shown by the stabling of the frost dragon bones". This concept doesn't just pertain to frost dragons it includes other monsters and activities. Just know this if the price of gp does drop it will do so gradually so don't be worried and if you want more bang for your buck don't wait around it won't do you any good

 

Dicing is part of the problem. Some of the dicers/hosts who sell there gold bring in more than a farm of 100+ and some high as 1000+ bots daily! Some of the bigger hosts bring in billions a day. Dicers are selling just as much gold as botters. Isn't much of a difference of botting or acquiring your money through legitimate skilling and then dicing it all away.

 

I am sorry I did not read the rest of your post as I doubt that you will be any less wrong than the first part.
supply and demand don't have an inverse effect on each other, as one goes up the other does not go down.
I do not know where you may have taken this from.
What is true is that the more demand the higher the price, the more supply the lower the price, so those are the pulleys of the price.

The demands grows, and the supply grows even more.
This is nowhere near the structure of economic failure. In fact it shows that the economy is growing.

 

It all depends on the company/seller's financial situation I guess.
Neither of you are wrong

 

Ban all the bots, the price goes up, then you have a FLUSH of people selling gold, competing for a lower price because of the billions already in RS.

So what happens is a small fluctuation before going back up. Immediately after a mass ban, the prices will sky rocket. Then people will be flushing their gold out, and prices will drop. And then stabilize.

 

Loooooooool ! Are you serious??
Few years ago was 2$+/mil ... and now you're crying because its 0.40-0.60$/mil.
Go make money yourself instead of buying if its too high price.
Is it troll topic?

 

I'm with Falmar and anybody else who thinks that this topic is a troll topic.
GP prices have never been any lower.

 

Depending on your sellers / buyers and amounts,
Gp can be anywhere from like 0,25$ to 1,50$.

Maybe you guys just aren't searching at the right places

 

The prices have dropped around our markets to around .55 now. I seriously hope something will be done about the gold farms.

 

If gp was .10 per mill this would make items in rs inflate by x5 as it is

 

Gold farmers farm items to sell for gold, thus not farming gold directly. Are you seriously saying they sell every yew log, or every potato cactus, or herb they farm to a general store? Surely not, considering they'd loose more than 500% or more of what they could be making. Do you honestly think there are farms full of gold trees they run around and pick from?

They sell all of the farmed items to other players, who then take the gold they have made from other players and buy other items from other players.

No facts here, but I'm sure if you calculated all the gold lost into the runescape abyss from drops, pks, and other things causing cash to be lost from disappearing on the ground and what not, that this would even out what little gold has actually been created from things like general store, loot share, etc.

You WILL find a good bit of all hosts of dicing clans make more than 200m a day, and you WILL also find that a good bit of all hosts of dicing clans sell gold. This isn't formed out of air, this is from mostly other players who have 1-20m sitting around and dice it all and lose it all staking. Thus all these thousands of players who have little cash stacks just keep giving gold to other people with large cash stacks, then what do you do when you have all the gold you need, then more?

 

Gold farmers farm items to sell for gold, thus not farming gold directly. Are you seriously saying they sell every yew log, or every potato cactus, or herb they farm to a general store? Surely not, considering they'd loose more than 500% or more of what they could be making. Do you honestly think there are farms full of gold trees they run around and pick from?

They sell all of the farmed items to other players, who then take the gold they have made from other players and buy other items from other players.

No facts here, but I'm sure if you calculated all the gold lost into the runescape abyss from drops, pks, and other things causing cash to be lost from disappearing on the ground and what not, that this would even out what little gold has actually been created from things like general store, loot share, etc.

You WILL find a good bit of all hosts of dicing clans make more than 200m a day, and you WILL also find that a good bit of all hosts of dicing clans sell gold. This isn't formed out of air, this is from mostly other players who have 1-20m sitting around and dice it all and lose it all staking. Thus all these thousands of players who have little cash stacks just keep giving gold to other people with large cash stacks, then what do you do when you have all the gold you need, then more?

And this, this is more of just and opinion, but I think the reason party hats have doubled/tripled/quadrupled, or whatever the case may be, in price is because the price of gold is dropping. Now what would cause that? Why would the RWT price of gold affect the in-game price of an item? Probably because party hats are a place holder for cash, seeing as there is a cash stack max, you have to have something hold the place of your other cash. So when gold sellers see that gold is going downhill in price, they can raise the price of party hats to make up for money loss?

Opinion^