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Post by yplayerx on Dec 30, 2008 4:38:35 GMT -5
So, i want to know, what do you think about Price Manipualtion at GE.. Do you think it's good, because you're making money with it, Or do you think it's bad, because you lose money I want to know your opinion and why do you think so.
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Post by glaskrone on Dec 30, 2008 7:53:38 GMT -5
in my opinion it is a clever idea to make money.but you firstly need a really big amount of money and people who do the same so that it's going to work.I manipulated d bows in summer 1 time with some friends,we had around 200m. we made a little hill into the flat graph(the dark bows rose around 30k).3 days after we manipulated the price,the graph has risen a lot;reason: acidy pushed it up and we earned 125k/bow, that is 25m total
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Post by Firestorm886 on Dec 30, 2008 12:07:19 GMT -5
I'm 100% against price manipulation. The reason is not that I lost money through it, but it ruins the economy (if it wasn't ruined enough by the GE), it scams money from normal players, Jagex will make updates against the price manipulators which of course fail and have more consequences for other people then the price manipulators itself, and the price manipulators are giving the 'normal' merchants a bad name.
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merchantge
Rookie Merchant
Merchanting is Money
Posts: 30
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Post by merchantge on Dec 30, 2008 13:51:44 GMT -5
I never tried Price Manipuation. Firestorm886 told me its bad becasue it steals other people money.And i really feel bad or them becasue they lose money, Imagine you losing money?
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Post by areston on Dec 31, 2008 9:18:38 GMT -5
Normally Price Manipulation is impossible for "normal Players" cause you'll need really much money. My opinion: I'm not totally against it. In small using I don't think it's totally bad. If you merch at the GE you should know that you can lose money (like old Wildy, Bh, PVP-Worlds). I just wanna make some money no matter how (expect scamming, hacking etc.).
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Post by avalon on Jan 3, 2009 7:12:22 GMT -5
Well...you have to know there are 2 ways of price manipulating.
1. There is one rich noob. Hes buying tons of one item until he got them nearly all. Then he tells some ppl to join his clan(-chat) and "merch" with him. These ppl buy out the last from these items on the market and the price will sky rocket. Then the rich noob with the biggest part of this item says a dump price, lets say 180k. When item X hits 180k, sell at med. But that price is wrong. He could never sell all his items, because the ppl which bought them too will sell them too. The market will get overfloated and they wont be able to sell all their items. So the rich noob tells a "wrong" dump price (180k in this example) and he dumps at 150k. He will make tons of cash and the ppl which bought the item too will lose a lot!
2. Some friends make a "Merchanting-Clan" and decide together which item they buy and they decide together a dump price.
1. Is not allwed, its against the scamming rule. (But JaGeX cant do anything against it, except changing the whole GE) 2. Is simply allowed and its very good way to merchant;)
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Post by Firestorm886 on Jan 3, 2009 10:45:22 GMT -5
Well...you have to know there are 2 ways of price manipulating. 1. There is one rich noob. Hes buying tons of one item until he got them nearly all. Then he tells some ppl to join his clan(-chat) and "merch" with him. These ppl buy out the last from these items on the market and the price will sky rocket. Then the rich noob with the biggest part of this item says a dump price, lets say 180k. When item X hits 180k, sell at med. But that price is wrong. He could never sell all his items, because the ppl which bought them too will sell them too. The market will get overfloated and they wont be able to sell all their items. So the rich noob tells a "wrong" dump price (180k in this example) and he dumps at 150k. He will make tons of cash and the ppl which bought the item too will lose a lot! 2. Some friends make a "Merchanting-Clan" and decide together which item they buy and they decide together a dump price. 1. Is not allwed, its against the scamming rule. (But JaGeX cant do anything against it, except changing the whole GE) 2. Is simply allowed and its very good way to merchant;) Wow thanks, I didn't know this. I thought every way of price manipulation was illegal. You got me thinking differently about price manipulation, however I think that option 1 is the most common to see, sadly.
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Post by avalon on Jan 3, 2009 13:33:13 GMT -5
Firestorm, add plz I_Holy_Ava_I
Im from the same community as glaskrone is. i can give you some "advise" with some merchanting clans
avalon
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Post by areston on Jan 3, 2009 14:03:00 GMT -5
Ok new opinion: 1.) Is bad and I'm totally against it. 2.) Yeah why we shouldn't try (in this forum ^^)?
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kratmus
Apprentice Merchant
Posts: 13
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Post by kratmus on Jan 21, 2009 10:41:49 GMT -5
Good good. Price Manipulation is what I live off.. For example: I bought up burnt bones from 200 to 500 ea all by myself with a 16,7m+
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Post by yplayerx on Jan 22, 2009 6:03:10 GMT -5
I am against Manipulating but on the other side it is good to make money.. if I would manipulate some items and make profit with it, I will find it good, but if I lose money through it, it is bad.. I think I can never decide if I find it good or bad, but it is a nice theme to discuss Yx
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Post by Magiks Dream on Jan 23, 2009 1:53:49 GMT -5
hmm idk about price manipulation. seems like a great way to make money(e.g. the Dark bows in Glaskrone's statement) But then again i feel you Firestorm it does ruin economy because face it, its bad as it is. I'll like to take a shot at this at least once because i have never done it before. But dont get me wrong i like to make my money without it. It gives me a feeling of accomplishment
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Post by kippetje5 on Jan 29, 2009 17:58:26 GMT -5
I don't really know about this.
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minihodgy200
Rookie Merchant
Work Hard, Play Harder.
Posts: 42
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Post by minihodgy200 on Feb 21, 2009 11:24:28 GMT -5
To add to your comment firestorm, not only do they give decent mercahnters a bad name, but they draw us merchanters into there clans and make us buy out unprofitable items which people then have to dump for weeks and massively loose out, the business is corrupt and disloyal, thats why i back solo merching 100% !!
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Post by Firestorm886 on Feb 21, 2009 12:19:18 GMT -5
To add to your comment firestorm, not only do they give decent mercahnters a bad name, but they draw us merchanters into there clans and make us buy out unprofitable items which people then have to dump for weeks and massively loose out, the business is corrupt and disloyal, thats why i back solo merching 100% !! That's so true. I'm pretty sick from the scum behind the price manipulation clans, it really needs to stop. Attracting new people with cheap videos or through other persons, making price manipulation clans stronger everyday. If RuneScape wasn't ruined enough, the price manipulation clans are damaging the economy and the name of merchanting with their greed for money. Obviously it are the kids who are behind this, showing no respect at all for merchants and merchanting and thinking they're so 'cool' doing this. +1 for your comment, by the way.
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