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Hells Sponge
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Post subject: Will Jagex Fix GE Price Manipulation? Posted: September 7th, 2008, 11:02 am |
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Joined: June 7th, 2008, 9:21 pm Posts: 190
RS Name: Hells Sponge
RS Status: Classic
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There have been some strange goings on in the market place in the last few weeks. Prices of even the most ordinary items have fluctuated. There has been a lot of mutterings about market manipulation by groups of wealthy players. At times it has been impossible to buy at mid price or even just above common every day items. Price updates appear more frequent and in general the market has appeared more unstable.
Rich players can buy 25k rune scimitars over the course of several days, then when the price rises, merchanters will notice and begin to collect the item. Then, the original player can sell his 25k rune scimitars to merchanters or everyday players at the increased price, giving a huge profit.
The question is (assuming the above is correct) what can be done to stop this manipulation, and will JAGeX bother?
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 Hells Sponge - Retired Main Lovengrenade - Currently P2P Winners compare their achievements with their goals, while losers compare their achievements with those of other people.
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Adbot
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Post subject: Register and login to get these in-post ads to disappear Posted: September 7th, 2008, 11:02 am |
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Joined: September 9th, 2004, 1:47am Posts: 9047 Location: In your web browserz |
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Marking22
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Post subject: Re: Will Jagex Fix GE Price Manipulation? Posted: September 7th, 2008, 2:45 pm |
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Joined: February 9th, 2008, 12:58 pm Posts: 2430 Location: upstairs
RS Name: Marking22
RS Status: P2P
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theres nothing jagex can do merchanting like this has always happened
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Magicking610
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Post subject: Re: Will Jagex Fix GE Price Manipulation? Posted: September 7th, 2008, 4:05 pm |
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Joined: January 1st, 2008, 1:50 pm Posts: 749 Location: (Normal) Snow Capital of the US
RS Name: Magicking
RS Status: P2P
Clan Name: Clan Quest
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You can tell that jagex is fixing the prices to be locked in place or fall, then almost never go up, I mean, look at the rare items (party hats, santa hats, masks) have all been the same price for a while, while most other items (2 of the common items being dragon axe and whip from what I noticed) have rising and falling. The Top Hat went up to about 1.5M then dropped to 700k and has stayed, so we can safely say no, they will not fix it.
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 Once. Never again.
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ryan1
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Post subject: Re: Will Jagex Fix GE Price Manipulation? Posted: September 7th, 2008, 5:28 pm |
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Joined: March 25th, 2005, 2:58 pm Posts: 1664 Location: Nebraska
RS Name: Ryan V 09
RS Status: Classic
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Meh, it's economics. Look at the real world stock market. The same thing happens. Jagex has already done enough to retrict the market.
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Adbot
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Post subject: Register and login to get these in-post ads to disappear Posted: September 8th, 2008, 2:14 pm |
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Joined: September 9th, 2004, 1:47am Posts: 9047 Location: In your web browserz |
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ultimasayan
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Post subject: Re: Will Jagex Fix GE Price Manipulation? Posted: September 9th, 2008, 12:44 am |
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Joined: March 6th, 2008, 7:42 am Posts: 250
RS Name: ultimasayan
RS Status: P2P
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well i know a group of friend who does this to join this club you need over 500m ish. with 500m+ per person in this club it wouldnt be hard to make an item go up also jagex try to fix this such as riseing some item each day so more people would be selling it such as animal masks. also 3rd age item as been riasing one every few days instead of months waited before. 
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blethorskite
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Post subject: Re: Will Jagex Fix GE Price Manipulation? Posted: September 10th, 2008, 10:32 am |
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Joined: January 3rd, 2008, 4:21 pm Posts: 759 Location: Newcastle
RS Name: blethorskite
RS Status: P2P
Clan Name: Fealty Stars
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The only way they could stop GE manipulation is to set static prices, greatly limit gp an individual can have or to set limits on the amount individuals can trade in a week. None of which I'd think are going to happen or even desireable.
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Two101
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Post subject: Re: Will Jagex Fix GE Price Manipulation? Posted: September 11th, 2008, 12:44 pm |
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Joined: August 30th, 2008, 3:54 am Posts: 129 Location: England
RS Name: Two101
RS Status: P2P
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If what you want is a free market (which is what I assume you want), then this kind of trading cannot be prohibited. And, as stated earlier, this kind of thing happens in real life; just look at food prices.
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Paper Eater
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Post subject: Re: Will Jagex Fix GE Price Manipulation? Posted: September 13th, 2008, 6:25 pm |
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Joined: September 9th, 2008, 6:07 pm Posts: 21
RS Name: your lord2
RS Status: Classic
Clan Name: CoD5
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Unfortunatly, no. Jagex cares to much about making money, not the game.
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