Sudden drop in GP prices

[just un dude]

I heard it's a jmod and all buyers will be banned tomorrow

 

[DMR]

I heard it's a jmod and all buyers will be banned tomorrow

You're trolling right?! :O

 

[Punkerpunk13]

You're trolling right?! :O

Yes. The seller's also put 90B more up for sale.. Sigh.

 

[SocajowaRS]

brb selling over 300b in 2 days.

Easy 90k.

 

[NzReborn]

I chose the wrong time to come back... lol

 

[just un dude]

Yes. The seller's also put 90B more up for sale.. Sigh.

I think he fail edited on PA thats all.

Cause when you edit something your stock will go back to the original.
He edited it to 10b just now fixed amount can't buy lower or more, so yeah.

Edit: He has no selling offer anymore, just his partner is selling some if that stock is up to date.

 

[Aimless]

He sold 30B back in the day for cheap as hell too when he won it staking.

 

[KingOfThingz126]

I'd say MA bug where you could make 3m in hour

 

[Alex_J_Leon]

I personally think this guy is boss ... I mean just think if he sold for .36 he could have made so much more with that adjustment... but the price is smart.

I cannot wait until there is confirmation of who this is... Just gotta watch the YouTubes... but then again.. what if he had sooo much money that he could afford to sell that much and still stake + dice.. O.O.

I did get quite a few RSGP donations due to this =]. But I mean, what good is it? <.>.

 

[SocajowaRS]

The wierd thing is he bought 2b on the 30th, just to go on and sell 300b 24 hours after.

 

[just un dude]

You can't turn 2b to 300b staking in a day even with all the luck in the world

Edit: Seems like he's sold out.. for now?

 

The 0.35$/M guy is insane...he sells bils per day and crashes PA hard...Thing was that PA is currently the market fixing institution. They managed to get prices up in March and to always sell for lower since like June? When PA (the site that connects all sites) gets dumped gp, we all go down the drain, gf

 

[bob1337]

glad I sold my 10bish at 0.42... felt ripped off at the time but could have been worse.


Also funny how much this has effected the RS rares market, white hit 2bil earlier, a rise of 800m from its lowest point.

 

[Scheetke]

I dont know if this is a rumor but my friend told me that he bug abuses and bring items from beta world into real rs ;S? any1 can confirm this?

 

[Lee Sin]

People saying its a staker or w/e. It probably is, but its not legit income/banks they already had. There has been a known bug for a few days now. Bug/Glitch/Dupe, whatever you want to call it; but it is injecting fresh non existent RSGP into the economy.

Video posted about it aswell on another thread. Some of you may know some Jmods, but there is an apparent post in the Mod section on RS forums about this 'glitch'.

Edit: That's why prices are dropping, its purely and simply dropping the value of RSGP.

Edit2: I also don't see RSGP going back up considering all the pre-existent stock of Gold dealers is still present, and this new fresh injection of RSGP into the economy is far far more than the playerbase. Meaning, there aren't enough new players coming in to fix this situation, to allow for the RSGP to circulate and eventually subside this surplus.

Edit3: How i know? I do ELO service for LoL, and the majority of my clients are ex/current RS stakers who only play the game for IRL $$$, and they are willing to pay basically 4X the amount i normally charge in RSGP. Asked them why, they stated what i said above.

 

[Saan1337]

This guy is back with more stock, I bought a bill from him yesterday. He's already sold 15B today. I'm sure he's transferring Beta items to the real servers, there's no other way he could earn so much GP.

 

[just un dude]

Please don't talk about duping or whatever without proof, you're making sythe sellers panic and dropping prices on here lol.

Not that I care I'm not selling on sythe

 

[Lee Sin]

Here;

There's a stake glitcher dumping bils into the system. 300b in 3 days. I guess if he runs out or if his methods stop gold would recover

Talked to someone who asked the guy himself. Reliable sources all around. It's the same guy who's been dumping on Playerauctions for $.35

 

[SocajowaRS]

i know which staker it is or atleast his previous accs, but it is hard to give him the credit for having a 300b bank.

If it was a dupe, I wouldnt have gone on for 3 days. so it is most likely not that. a glitch possibly to get the items u dupe in beta back to the real game?

who knows.

 

[Saan1337]

This MUST Be the guy who people ran into yesterday. There were people advertising not to trade with two certain people. One of the names began with "Jay", the other "Rock", not too sure about their full names but I remember people warning people not to stake with these guys.