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

Runescape is cancer.

 

That's all you have to say? RuneScape has a huge sand casino problem (duel arena) and a HUGE percent of players ONLY play the Duel Arena just to make money / RWT, trade for services, etc. 1% tax effecting the gold prices just goes to show you how largely the gold is effected by the Duel Arena - and it's not even bringing gold into the game, just players gambling their already earned gold.

I think the tax is great, and I also think it should have been a little higher. With the tax, and the billions run through the arena, it's a nice little gold sink and doesn't effect any players really. Your 100M stake is now worth 99M - wow big deal.

 

The gold prices in my opinion are more of being affected by the lose of xers supplying the gold not the tax its self. People are getting the two confused. Long term the 1% tax would possibly have an effect but right now I doubt it is yet. Xers were pretty much always winners long term and could supply huge amounts of gold with the profits they were making.

 

For every 100 Billion gold through the arena is 1 Billion gold sinked (the people stake this amount always stake over 1% tax rate)
I'm sure 100's of billions go through the arena daily.

 

1.8t/day ez math

 

OMEGALUL

 

Its definitely helped the game. Mobile will bring alot of younger in, and if they can gamble (essentially what staking is) its not a good thing.

Also partially takes away from just staking to make money, not completely obviously but slightly reduces the incentive.

They fucked the tax bands tho

 

They know what tgey are doing believe it or not

 

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.

 

It was needed. Do you want GP to be worthless?

 

The Duel Arena tax is not a long term solution imo. Jagex keeps on adding pvm and other activities that give out mostly alchable rewards e.g. vork. Its good to see that they are adding more money and item sinks into the game though.

 

They added the ultimate gold sink in the last couple days , fired mod Jed who was unbanning accs with wealth and putting it back into the game XD

 

Not long term? Millions of gp are erased every other minute. It is a long term solution.

 

Sure, but if more gp is still brought into the game than is leaving, the price of gold is still going to decrease. I am not fully convinced that this duel arena tax is enough to fully handle the actual problem: Jagex continues to add more alchable rewards to activities.

 

It’s meant to be a rapid sink. Long term it will prove to be more beneficial than short term.

 

Most stakers were rwters opposed to actual players, most of the money coming into the game doesnt go toward rwting, if they really want to create a good gold sink though they will do a small ge tax that will make a big difference long term.

 

I am saying that taxes and gold sinks are just treatments for symptoms of the greater problem. Certainly the % of money available in the game increases with the amount rwt'd in the game.

 

I'm going to be careful in my wording here...

I actually 100% agree that there should have been a g/e tax instead of the duel arena tax, but for different reasons.

The g/e is an actual service that makes trading easier. It matches trades. Lots of "regular" people just spam +5% on their small purchases anyway, so I don't think they would really feel it. It would also provide incentive for people to trade face to face more as it would save them money (especiallly for bulk purchases).

Meanwhile... the duel arena isn't really a "service" as I see it. It's just two players putting money on the table and fighting over it. You are taxing WAY too much by taking away 1b if someone stakes 50b. Thats ludicrous to me.

But, you are incorrect in differentiating gold "that goes to rwting" from gold "that doesnt go to rwting". This thought process is economically flawed...
All gold is the same, it is indistinguishable. All of it makes its rounds eventually through trading and there is no such thing as "rwt gold" and "not rwt gold". Most/all pieces of gold have been "touched" by rwters at some point in their lifetime if that makes sense. When speaking about inflation in game.... Any sort of gold sink that removes gold from the game has more or less the same effect on inflation.

 

Just the market taking advantage of the update. It will slowly regress if nothing more is done. This update alone will not save a 5 year+ economy.

 

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.