Back in the days i bought some gold because i really wanted drygores the moment i got them i stopped playing because my goal was done and started to burn out so i learned that real world trading is not just bad for the game but it takes away the fun the grind might seem hard and long but that makes reaching your goal feel amazing and motivating to get a other goal done
Even when you grind to that late game there's not much to do but keep growing that wealth eval number via bossing. I ended up just starting to collect stuff. One day my guthix arrow stack will hit 10m.
A good way to combat this is transparency. Being able to use platinum tokens as currency in ge and adding real-time GE data similar to what osrs has would make price manipulation a lot harder,
@@lolwillow188 Being able to trade them in the GE means the price history will be publicly available and clans can't artificially pump the price up by "selling" to clanmates/alts. Anyone advocating for trading outside of GE when the GE is available would be outed as a price manipulator, as there would be no reason to not use GE with the lack of GE tax in rs3.
One other huge factor in this imo is that archaeology was release in march 2020. I have been playing rs since 2004 and rares have always been slightly out of reach for me. I remember having about 6m and wanting to buy a santa hat when it was about 12m, but by the time I got the 12m it was out of reach again. This happened for about a decade. When archaeology was released, I grinded it to 120 in the first month. Chronotes were selling for 2k each at the beginning, turning in one collection could net you 20m gp. Vulcanized rubber was selling for 50k each, you could camp the resource and make 1.4m/inv in like 10 mins. I made something like 1B in a month doing archaeology, something a "normal" player like me never saw as possible. I immediately purchased a blue hween for about 450m with my new found wealth. Within about a week it had doubled. I never saw this as a coincidence, archaeology was a huge redistribution of wealth and injected so much money into the game.
For sure! As with any new update, desired items added to the game will sell for absurd amounts of money, and Archaeology introduced a large quantity of them. I agree a price increase would be natural as a result of it, but that would likely fall with time. The separation in the situation is visible in the trade on the forums, where the prices are increased every single trade to boost the price. And with the knowledge from the source of the video, whose desire simply was to boost rares out of the GE for the intention to more easily manipulate the price, it makes it clear to me Arch and other updated didn't affect the prices to the degree it might seem.
The Golden Partyhat even was a great example of how new rares should be added. The Green Santa, on the otherhand, was a BAD example. I hope we get to see more rares added - maybe white/black Halloween masks? Black Partyhats? Or reintroduce old untradeable holiday items like different colored bunny ears/yoyos/scarfs? They could even have fun with new Christmas Crackers too.
The golden partyhat is EXACTLY how jagex should be introducing new rares. The fact you had to go through a huge rigamaroll of effort to get a hold of it meant that only the people who wanted one could get a hold of one, ensuring its rarity and value. I do hope they introduce more rares. I would say they shouldn't introduce very many, but actually... I wonder if having lots of rare items would collectively deflate the value of rares rather than crashing them.
green santa was the best news for jagex, expect most rares to be introduced to game that way. doing it like gph wouldn't gain jagex any money so pretty much just a courtesy thing for ppl wanting a rare for all
There is a player that claims they farmed 38 golden hats and even more green santas, and was able to pay off their house with the profit. I don't think it was really the best considering one person could farm them on alts :/
it's funny that the holly wreath - being the rarest wearable discontinued item - is too rare and scarce to actually be manipped to the degree of other rares lol
@@Bearded_Tall_Guy defo not its ~1000 in game while bsh is well over 5k+ just from the counted broadcasts of players getting them however, wreath is hideous i'd never wear one in a million yrs
@@Bearded_Tall_Guy the wiki says wreath is 1,000 and that bsh was 1/2k festive crackers. so look at it this way, event was 15 days or 360 hours * 2= 720 (2/60mins) festive crackers were obtainable at max for each an account. roughtly 50k player were active at all times in 2013 meaning if only 20k were obtaining festive crackers thats 20k*720 (360hrs x 2 crackers per hour)= 14.4m crackers the entire event. so... 14.4m/2k= 7200 bsh. that 5k+ was from recorded broadcasts.
the smastest comment so far, if you dont want rares to be so expensive dont make it so easy to make gp, and also dont forget there is players willing to spend real cash on bonds to buy rares, jagex benefit alot by rares being so expensive, being the only ones allowed to RWT.
Would love to see a "ban redistribution lottery" kinda thing like i hate lotterys cus i never win, but would be nice to see some of the items come back and go to people that arent merchers
@@Nyx__ wasnt there an actual event where you could buy banned accounts' banks? Edit: i just looked it up, it was called "bank bidders" in around 2016/2017 but was never released. Mod osborne worked on it.
The money limit is in place due to how Java calculates numbers. While the game isn't run on Java anymore, to change the limit, they'd have to change the fundamentals and basis of how the game engine runs, since that's what it's based off of. It's easier said than done.
I'm surprised by the spike in the price of the Crown of Seasons. This is an item that _nobody wanted_ when it came out, because it was a pay to win rare. It sat around 10m for years--now it's over 100m! Maybe this is the result of normal functioning, but it is funny to me. (Somehow the cloak of seasons has always been valued much higher, though. Not sure why on that count.)
I can't believe there's a video! I've been talking to my homies about how manipulated the RS3 prices are right now and how disgusting they skyrocketed out of nowhere!
I was wondering why items only increase in price once a week or so in the GE is this also to prevent price manipulation? and is it really necessary to give it such a long timespan in between?
I haven't been able to find any information on it recently but when the GE was released the price updated based on volume. Higher volume items update more regularly and that can be seen when comparing stuff like runes to things like t90 equipment. I would assume this hasn't changed but I don't know if the requirements for an update have changed. I also remember something about prices only adjusting a certain percentage at a time to prevent outlier trades from impacting the price but that also prevents items from matching their street price.
this creates another dilemma tho (although a sweet one) in where you never want to get rid of it because you know it will only keep going up and up. Which essentially means all that wealth is trapped in that item which serves no other purpose =D
@@TwixOSRS pretty much yeah, its all speculation and how much people are willing to pay for it. But for Rs3 rares we havent seen those massive peaks and valleys in their price yet, its just been going up and up
@@Rosterized Good point. Honestly as far as rares are concerned they will continue to rise. If someone hasn't obtained them by now I doubt they will ever afford them later. Tbh though Rs3 is not as popular as OSRS so I'm surprised there's still such a demand for items in that game. Truthfully I'd rather have a Tbow or Ely than a Santa hat or something. But I understand a lot of people still enjoy Rs3. Not sure what a good solution would be.
They have more support and individual attention dedicated to people who break the rules than they do for players who get their items stolen and hacked. It's how they got themselves in this situation in the first place. Their follow-through for rule breakers is abysmal and has always been money driven (the main reason they haven't released the old rares back into the game is due to possible membership loss). They even lie and say rollbacks aren't possible for individual accounts, which is not true whatsoever. The wrong people are consistently given power, whether it's within Jagex itself, within the TH-cam/Twitch community, Reddit, or another community. The problem comes from the top down, and until the company itself gets out of the power struggle with investors, this kind of problem and any other widescale will not be permanently fixed in the game of RuneScape, ever.
The worst thing is that all these people with original partyhats have the WORST fashionscape! Look at that guy at 4:00. What is that top/legs combo? They don't flow at all!
if you cant afford rares then you cant have them. its not like its a needed item, its cosmetic, they are limited and not everybody can own one. alot of the people who own them played the game for years. so yeah new players cant easily afford them, nor obtain them in game (discontinued). also there is a difference between merching and manipulation, merching is buying and selling for more with a profit, manipulating is making fake trades to future increase the price of the items in which they are holding, as for the price of the rares more and more money is getting brought into the game, partyhats and rares are not...every single person i bump into these days has over 2b (of a decent level not some level 80's) and the lower rares are easy affordable within the game, its just a bunch of people who don't play the game complaining about the price of low rares, example being you can kill the new bosses get a staff of armadyl 5b+ and sell it and buy a santa hat, party hats are very limited and very sought after.
People please listen if you’re buying a green Santa to invest please be smart cause the hat is not yet discontinued it’s gonna be released again in the future so don’t lose your money and just have patience remember it’s just a game and rares do no help you in your stats so it’s a useless item
Maybe one way to combat the inflation would be a GE tax. Rather than the GE being a free service there is a cost proportional to the value of the item being sold. That way selling to yourself in the GE loses money. Of course this affects normal players but also incentivizes trading in person where this tax doesn't exist.
Personally, as someone who has a green santa hat and a gold partyhat, I find rares silly as they do not have any function in the game other than it being historical or cosmetic. What I do not like is the manipulation of prices of resources. For example the huge price hike in blood runes and yak milk. Yak milk is hard to get making it even more expensive...
I bought a green hween masks on rs3 probably early 2020 for all my cash maybe 430m if I remember correctly I have absolutely no clue how much it’s worth now but I can say it’s been the best merch I’ve ever had lmao I don’t think I’ll be selling it
I bought a yellow partyhat back when it just hit max cash from the GE. 2 days later the partyhat crashed by 300mil and I panic sold it at a loss. I never bought it again due to fear of losing more money but eventually it rose so much that I could not buy it back. Now its a mistake that keeps me up at night
While this is unfortunate, this is what happens with free markets. The people who are to blame are the ones who "cashed out" as the prices rose. See in a free market the maket will bear only the price people are willing to pay. Supply and demand takes over. There is no new supply for these items so the price is whatever someone is willing to pay. This is one of those basics of economics. If you are willing to sell for a certain price you are part of the inflation. The only reason these prices didnt rise before is no one was willing to pay more. Then a group of players are willing to pay. They buy up all the available, limited supply items and Jagex is supposed to fix it? You sold your party hat and now you have remorse you didnt make more. Everyone should take this as a lesson on supply and demand. Sorry if you dont like my reaponse but it is taught in an economics 101 class. Something everyone should have had to take in high school. Cheers to you all.
I used to have a green Halloween mask and like 200 mil cash back in the day I got scammed for it then quit for 6 years. Few months back I checked the price of it over max cash, so I started playing old school lol
The most simple fix would be if your trading with a player for items those items can only be purchased for the limit amount being 2.1b and then have a 2-5 hour trading between players to combat people just trading shards for 1gp to the other player to give the wealth of what the rare is worth on the street. The trading timer would only be involved with trades over 1b
Would be cool if they kept adding versions with a 1/X chance to be rerolled to the previous versions. Example: every 1000th GSH would be a red one instead. This still ensures enough rarity... but as you said IT IS THE BELIEF, WHAT THEY REPRESENT. The feeling that anyone could get it... would imo just be insane for the game and mostly holiday spirit
I switched over to osrs in 2015after I finished my partyhat set and told myself I’d never sell them but I sold a couple weeks ago cause the price was just too crazy to not sell
I made so much money being lucky enough to get in on this early in 2020. I had a like 5b at the time and made 60b over a couple months from just buying some masks and santa hats, crazy stuff lol.
there's one major problem that jagex doesn't seem to realize, and its that bonds are one of the most traded, and overabused things currently in rs3 for anyone whos got a bank of over a billion gp. there's hardly a limit on how many you can buy in the ge, and the price has only been increasing (with the occasional crashes), but they are now at over 40 mil each, when last year, they were worth about 20 mil. The sad part is that, 40 mil to a standard player doesn't seem THAT bad for 2 weeks membership, but imagine someone whos barely played the game or just starting out, learns that they can grind in game for a membership they might not want to pay real life money for, only to find out they have to grind damn well to 99 mining (or doing anything else that makes solid money) just to get the chance at seeing the price keep rising up to 50 mil.
Would you do a video on the history of World 31/42 up until the release of Clans? That's the point where freelance rp officially started dying, and the early history of the rp community is interesting, untapped potential.
I actually tried to get a better look into the RP community at some point, but getting in wasn't very easy... At this stage I'm not sure the history behind it has enough of a pull to be turned into a video on its own, unfortunately D:
@@rswillmissit That's a shame, really. We've always been a very closed-off community, and its a problem thats only gotten worse as freelance died. I guess its almost funny the reason the community is basically- gone now, is the same we won't have that history really recorded.
The fact that if Chessy018 wasn't ever hacked, she'd taken over the rare economy years ago. I mean she already did before she was hacked with those 1k santas, but that was just the beginning.
It’s insane how Pis2ols was never banned. Worst price manip in the history of RS. Even built his own discord price checker bot so that he can manip his items
Might be an unpopular opinion but I always saw phats as something unattainable, where you’d have to become a god tier mercher to obtain one of these rares. Seeing them being priced so high for me is like a goal to strive for, even if the rate of the increase in price is higher than any money making method in the game. One more thing I’d like to say is, making money in RS3 is as easy as it’s ever been. There are AFK methods that are hovering around 5m/hr, so I feel like these prices are indicative of how much excess gold people have. But that’s my two cents.
As long as they leave combat gears alone, and why would you want others to know your are rich. Jagex want the whole rwt pie to themselves, but all these extremely invested player are whats keeping the game alive. what jagex can do is harsher punishment for non bond rwt, which might divert people to bond for buying gold.
yea I really hope they do something about those so called merchers? rofl they’re rwters and they price manipulated every single item in the game. Whenever I’m trying to sell an item I just go in their noob fc and I tell em that I’m merching it. Within days that item becomes unbuyable so that’s when I just dump the item in the ge. I’ve actually made hundreds of billions by dumping my items on that so called merching fc. The last item I did this with was poison slimes and I did that after I’ve acquired max stack of em. Now they will go from being 125-150 to being 1k+ haha
Ok, I don't mean to minimize the issue or anything, but I laughed so damn hard at 9:30 😂 imagine quitting the whole game just because you can no longer afford party hats! The real issue is the real world trading, and more importantly the 70% of it that isn't made up of regular players who are engaged in real life criminal enterprises. That reddit post just reminds me of how overly dramatic r/runescape is
I don't get how people can cry about people buying stuff and selling it on a much higher price.. that's just how the market works. It's not the sellers fault if it sells for the much higher price.. just don't buy it if you don't want to pay the amount.
The fact that someone would suggest rereleasing rares after 20 years or deleting them outright is really funny. It gets concerning when you start seeing suggestions like that upvoted to the top on runescape reddit though. Some players are so out of touch.
mate the prices of rares is a joke, tbh a phat should be 40b at max despite any inflation! the reason prices of rares went up is cuz they unbanned many rwters, goldfarmers, botters and they bought out all the rares
yeah it should be like 20-30b maybe max, 100+ is literally not grindable for people, if we're really gonna say its a status symbol of success and how much money you got that isnt even possible anymore. people with 100+ bill are prob shady as fuck with how they get it
@@mjesus850 for the most part the so called “merchers” not to mention lurers, scammers , rwters from pis2ols fc literally manipulated their way into billions by using alts and other ways. they literally pm you on alts when you’re selling or buying a rare and they make you sell/buy an item for billions less or more since that’s all they do. so if you’re inexperienced or a returning player you will most definitely get scammed by them. sadly they also own the entire price check on the forums and they also manipulate their own members into buying dumb items such as tokens , etc. I don’t think they belong on this game tbh
Just make them untradable. lmao Just completely nerf rares on rs3. Rs3 has plenty of items that actually are worth something that can take the place of those over inflated rares. Sure the economy would be nuked, but it's a good thing because there's still plenty of room to recover. Old guard rares are holding back the rs3 economy.
Here’s an idea for the OG rares just make them untradable. Sure no one can obtain them that wants them but at the same time it will screw over the players manipulating the price
Jagex thinking they can track people who buy gold.. Behave. They can’t do and haven’t done anything. I have both RMT and bought gold over and over and it’s effortless
i dont get it, why even care about those items, they are purely cosmetic, so nobody needs one, just get the cheaper version or dont buy any at all, if people dont buy those items, the price will fix themselves.
Of couse it did not lower any prices, why would giving every single active player an item worth 400m lower any prices. When you print way to much money, a general increase in prices will happen and a fall in the purchasing value of money. That’s inflation, your money are now less worth than before the golden partyhat event.
I hate MMO Mercanters. If you're good with money, then spend your time making _actual_ money in the real world, do stocks or something. Items in games should be for the players that actually enjoy the game for what it is and want the item for what it is, rather than as an arbitrary token for financial success.
Sometimes Jagex seems like they have a very sophisticated understanding of what gives an item value. But then they create pea-brained solutions like adding new discontinued item variants so that players can get their hands on a discontinued item and not feel the need to buy the more expensive ones. That is so tone deaf to what made the og items so valuable in the first place. If anything, having a green santa or golden phat would make you want the og items MORE because they would have a taste of the real thing.
Nothing will be done. Jagex learned their lesson when they went all out attacking real world trading and botters alike in ~2007 - 2010. They literally nearly and completely destroyed their own game in a vain attempt to "save it". In fact, Jagex probably has very valuable data to what not to do to an online business/game in this scenario. If anything, Jagex would target select accounts as opposed to ever punishing a "web of real world traders". The reality is is that Jagex itself is involved in it's own back door dealings, and has since seen an increase in profits due to influx of players returning to their accounts or unbanned accounts from the mid to late 2000s out of nostalgia. They've learned the hard way not to approach their own game by eradicating the player base again - it will not happen, as the servers nearly died and Jagex was visibly desperate a couple of years after, especially around 2016 - 2018.
Back in the days i bought some gold because i really wanted drygores the moment i got them i stopped playing because my goal was done and started to burn out so i learned that real world trading is not just bad for the game but it takes away the fun the grind might seem hard and long but that makes reaching your goal feel amazing and motivating to get a other goal done
preach
Even when you grind to that late game there's not much to do but keep growing that wealth eval number via bossing. I ended up just starting to collect stuff. One day my guthix arrow stack will hit 10m.
Maybe if drop rates wasn't so slow people would use the ge as mucj
A good way to combat this is transparency. Being able to use platinum tokens as currency in ge and adding real-time GE data similar to what osrs has would make price manipulation a lot harder,
Tbh it sounds like being able to pay on ge with plat tokens is just going to make it worse.
@@lolwillow188 Being able to trade them in the GE means the price history will be publicly available and clans can't artificially pump the price up by "selling" to clanmates/alts. Anyone advocating for trading outside of GE when the GE is available would be outed as a price manipulator, as there would be no reason to not use GE with the lack of GE tax in rs3.
Honestly letting them use real currency may make it worse. Since they're trading rares for rares it's more abstract and not concrete
No it wouldn't. It would just make rares more valuable whilst further decreasing the value of Gold. Also would make room for RWT like OSRS.
Plat tokens is a flawed concept that WILL ruin Runscape's economy because of inflation. That's why they are targeting inflation quickly on OSRS.
One other huge factor in this imo is that archaeology was release in march 2020.
I have been playing rs since 2004 and rares have always been slightly out of reach for me. I remember having about 6m and wanting to buy a santa hat when it was about 12m, but by the time I got the 12m it was out of reach again. This happened for about a decade.
When archaeology was released, I grinded it to 120 in the first month. Chronotes were selling for 2k each at the beginning, turning in one collection could net you 20m gp. Vulcanized rubber was selling for 50k each, you could camp the resource and make 1.4m/inv in like 10 mins.
I made something like 1B in a month doing archaeology, something a "normal" player like me never saw as possible. I immediately purchased a blue hween for about 450m with my new found wealth. Within about a week it had doubled. I never saw this as a coincidence, archaeology was a huge redistribution of wealth and injected so much money into the game.
For sure! As with any new update, desired items added to the game will sell for absurd amounts of money, and Archaeology introduced a large quantity of them. I agree a price increase would be natural as a result of it, but that would likely fall with time.
The separation in the situation is visible in the trade on the forums, where the prices are increased every single trade to boost the price. And with the knowledge from the source of the video, whose desire simply was to boost rares out of the GE for the intention to more easily manipulate the price, it makes it clear to me Arch and other updated didn't affect the prices to the degree it might seem.
The Golden Partyhat even was a great example of how new rares should be added. The Green Santa, on the otherhand, was a BAD example.
I hope we get to see more rares added - maybe white/black Halloween masks? Black Partyhats? Or reintroduce old untradeable holiday items like different colored bunny ears/yoyos/scarfs? They could even have fun with new Christmas Crackers too.
The golden partyhat is EXACTLY how jagex should be introducing new rares. The fact you had to go through a huge rigamaroll of effort to get a hold of it meant that only the people who wanted one could get a hold of one, ensuring its rarity and value. I do hope they introduce more rares. I would say they shouldn't introduce very many, but actually... I wonder if having lots of rare items would collectively deflate the value of rares rather than crashing them.
green santa was the best news for jagex, expect most rares to be introduced to game that way.
doing it like gph wouldn't gain jagex any money so pretty much just a courtesy thing for ppl wanting a rare for all
The cracker concept is fun. I wish they did it with more things other than the Christmas cracker and golden cracker.
I would love a black phat
There is a player that claims they farmed 38 golden hats and even more green santas, and was able to pay off their house with the profit. I don't think it was really the best considering one person could farm them on alts :/
it's funny that the holly wreath - being the rarest wearable discontinued item - is too rare and scarce to actually be manipped to the degree of other rares lol
Holly is the same rarity as bsh. And is still a just a trash rare and not discontinued.
@@Bearded_Tall_Guy defo not its ~1000 in game while bsh is well over 5k+ just from the counted broadcasts of players getting them however, wreath is hideous i'd never wear one in a million yrs
@@martinjones3070 the limit was the same as the Holly according to wiki?
@@Bearded_Tall_Guy the wiki says wreath is 1,000 and that bsh was 1/2k festive crackers. so look at it this way, event was 15 days or 360 hours * 2= 720 (2/60mins) festive crackers were obtainable at max for each an account. roughtly 50k player were active at all times in 2013 meaning if only 20k were obtaining festive crackers thats 20k*720 (360hrs x 2 crackers per hour)= 14.4m crackers the entire event. so... 14.4m/2k= 7200 bsh. that 5k+ was from recorded broadcasts.
@@martinjones3070 odd I was quite sure I had seen a statement about a overall limit given out like Holly and scythe.
Should not forget that one reason rares are so expensive is high inflation of coins.
Then rare item owners should have nothing to fear if a secondary market was added in to trade rares on ;)
Nobody ever talks about it. The game needs good money sinks.
Definitely a part of it! But likely not to the degree we've seen the prices increase; especially so specific to rares.
This! Elder god wars made gp/hr increase by like x5. In reality rares have only kept up with inflation.
the smastest comment so far, if you dont want rares to be so expensive dont make it so easy to make gp, and also dont forget there is players willing to spend real cash on bonds to buy rares, jagex benefit alot by rares being so expensive, being the only ones allowed to RWT.
Wasn't there a massive gold dupe that happened leading up to that explosion in rare prices? The server crashing one if I recall
Jagex should just add a storage wars type auction for banned players where you can bid on banned players bank for in game money
this was a real idea years ago by jagex but never made it
Should.a game I play called GraalEra has it and it works perfect.auctions every month you bid on rares and ultras
Would love to see a "ban redistribution lottery" kinda thing like i hate lotterys cus i never win, but would be nice to see some of the items come back and go to people that arent merchers
ya those would be great, basically re-up circulation to prevent manipulation and keep the amount in game the same
Yeah, and they could call it something interesting and engaging like, idk? Bank Bids? Sounds like a good update imo!
You have a gambling addiction nerd
@@Nyx__ wasnt there an actual event where you could buy banned accounts' banks?
Edit: i just looked it up, it was called "bank bidders" in around 2016/2017 but was never released. Mod osborne worked on it.
@@gregorpiuk23 yeah i know that what i was refering to
The correct way to fight this is to work on updating the money limit and GE limit
That just means higher margins for them lol 😂
That will not solve the issue
The money limit is in place due to how Java calculates numbers. While the game isn't run on Java anymore, to change the limit, they'd have to change the fundamentals and basis of how the game engine runs, since that's what it's based off of. It's easier said than done.
This
I'm surprised by the spike in the price of the Crown of Seasons. This is an item that _nobody wanted_ when it came out, because it was a pay to win rare. It sat around 10m for years--now it's over 100m!
Maybe this is the result of normal functioning, but it is funny to me.
(Somehow the cloak of seasons has always been valued much higher, though. Not sure why on that count.)
Seems the crown started its raise in August 2020, so could be it was a part of the original manipulation, but didn't take off the same way.
I can't believe there's a video! I've been talking to my homies about how manipulated the RS3 prices are right now and how disgusting they skyrocketed out of nowhere!
AHAHA Also I cracked up when I saw the fish mask
I was wondering why items only increase in price once a week or so in the GE
is this also to prevent price manipulation? and is it really necessary to give it such a long timespan in between?
I haven't been able to find any information on it recently but when the GE was released the price updated based on volume. Higher volume items update more regularly and that can be seen when comparing stuff like runes to things like t90 equipment. I would assume this hasn't changed but I don't know if the requirements for an update have changed. I also remember something about prices only adjusting a certain percentage at a time to prevent outlier trades from impacting the price but that also prevents items from matching their street price.
paid 3.3b in aug 2018 for a yellow, was like 80% of my bank at the time no merch ever compares. I just keep holding and it goes to moon lol
this creates another dilemma tho (although a sweet one) in where you never want to get rid of it because you know it will only keep going up and up. Which essentially means all that wealth is trapped in that item which serves no other purpose =D
@@Rosterized U can wear it, or use it to upgrade to another color.
@@Rosterized you literally just explained exactly how Crypto works.
@@TwixOSRS pretty much yeah, its all speculation and how much people are willing to pay for it. But for Rs3 rares we havent seen those massive peaks and valleys in their price yet, its just been going up and up
@@Rosterized Good point. Honestly as far as rares are concerned they will continue to rise. If someone hasn't obtained them by now I doubt they will ever afford them later. Tbh though Rs3 is not as popular as OSRS so I'm surprised there's still such a demand for items in that game. Truthfully I'd rather have a Tbow or Ely than a Santa hat or something. But I understand a lot of people still enjoy Rs3. Not sure what a good solution would be.
What a great video, at such an unprecedented time.
They have more support and individual attention dedicated to people who break the rules than they do for players who get their items stolen and hacked. It's how they got themselves in this situation in the first place. Their follow-through for rule breakers is abysmal and has always been money driven (the main reason they haven't released the old rares back into the game is due to possible membership loss). They even lie and say rollbacks aren't possible for individual accounts, which is not true whatsoever. The wrong people are consistently given power, whether it's within Jagex itself, within the TH-cam/Twitch community, Reddit, or another community. The problem comes from the top down, and until the company itself gets out of the power struggle with investors, this kind of problem and any other widescale will not be permanently fixed in the game of RuneScape, ever.
The worst thing is that all these people with original partyhats have the WORST fashionscape! Look at that guy at 4:00. What is that top/legs combo? They don't flow at all!
yea such a joke
Thank god OSRS didn't introduce discontinued items
Make all rares available in Solomon’s store for oddments lmao
I can get behind this.
and there would still be huge amounts of money in game (inflation)
@Morning Dew and you’re a salty mercher
danganronpa's blackened at 1:13 killed it with their performance, usually you only get to see them one at a time
if you cant afford rares then you cant have them. its not like its a needed item, its cosmetic, they are limited and not everybody can own one. alot of the people who own them played the game for years. so yeah new players cant easily afford them, nor obtain them in game (discontinued). also there is a difference between merching and manipulation, merching is buying and selling for more with a profit, manipulating is making fake trades to future increase the price of the items in which they are holding, as for the price of the rares more and more money is getting brought into the game, partyhats and rares are not...every single person i bump into these days has over 2b (of a decent level not some level 80's) and the lower rares are easy affordable within the game, its just a bunch of people who don't play the game complaining about the price of low rares, example being you can kill the new bosses get a staff of armadyl 5b+ and sell it and buy a santa hat, party hats are very limited and very sought after.
People please listen if you’re buying a green Santa to invest please be smart cause the hat is not yet discontinued it’s gonna be released again in the future so don’t lose your money and just have patience remember it’s just a game and rares do no help you in your stats so it’s a useless item
Has anybody commented on the fact that the I.C.U member of staff at 11:11 has a can of Strongbow, bottle of Sol AND a bottle of Becks on his desk?
Maybe one way to combat the inflation would be a GE tax. Rather than the GE being a free service there is a cost proportional to the value of the item being sold. That way selling to yourself in the GE loses money. Of course this affects normal players but also incentivizes trading in person where this tax doesn't exist.
Yeah... I skipped the whole "wealth" thing in RS. I'm rockin' it out IRL though. 😂
Personally, as someone who has a green santa hat and a gold partyhat, I find rares silly as they do not have any function in the game other than it being historical or cosmetic. What I do not like is the manipulation of prices of resources. For example the huge price hike in blood runes and yak milk. Yak milk is hard to get making it even more expensive...
They aren’t real rares lol
You’d change your mind about them being silly if you owned an actual rare
I bought a green hween masks on rs3 probably early 2020 for all my cash maybe 430m if I remember correctly I have absolutely no clue how much it’s worth now but I can say it’s been the best merch I’ve ever had lmao I don’t think I’ll be selling it
I had like 40 juju mining potions in for like 5m ea and they all sold was the most crazy shit ever
I bought a yellow partyhat back when it just hit max cash from the GE. 2 days later the partyhat crashed by 300mil and I panic sold it at a loss. I never bought it again due to fear of losing more money but eventually it rose so much that I could not buy it back. Now its a mistake that keeps me up at night
The first time I quit rs they were around 30m.. I had 50m when I quit and regret not buying one before I quit
Two hween mask sets, 1 Santa, and a purple, yellow and red phat all for 1.8b... sold them to keep gambling in flower poker hahaha
While this is unfortunate, this is what happens with free markets. The people who are to blame are the ones who "cashed out" as the prices rose. See in a free market the maket will bear only the price people are willing to pay. Supply and demand takes over. There is no new supply for these items so the price is whatever someone is willing to pay. This is one of those basics of economics. If you are willing to sell for a certain price you are part of the inflation. The only reason these prices didnt rise before is no one was willing to pay more. Then a group of players are willing to pay. They buy up all the available, limited supply items and Jagex is supposed to fix it? You sold your party hat and now you have remorse you didnt make more.
Everyone should take this as a lesson on supply and demand. Sorry if you dont like my reaponse but it is taught in an economics 101 class. Something everyone should have had to take in high school.
Cheers to you all.
Your editing is nuts. Can’t imagine how much time these take.
Thanks! Way too much time :p It's a lot of fun, though! Watched 3 and a half seasons of Cobra Kai while editing this.
@@rswillmissit seriously. Such high quality videos! Hope you enjoyed Cobra Kai!
Could a time limited trade work, ie if a santa was just traded you can't re trade it for a month?
That feel when I bought my Black Santa for 200m back in the day
I used to have a green Halloween mask and like 200 mil cash back in the day I got scammed for it then quit for 6 years. Few months back I checked the price of it over max cash, so I started playing old school lol
The most simple fix would be if your trading with a player for items those items can only be purchased for the limit amount being 2.1b and then have a 2-5 hour trading between players to combat people just trading shards for 1gp to the other player to give the wealth of what the rare is worth on the street. The trading timer would only be involved with trades over 1b
How about adding in a bunch of the deleted ones back in the the game and giving them to us players that have never been able to afford one.
bonds for pizza killed it.................................great vid my dude
also side note, was it a myth that accounts banned with rares have their rares put on the ge at max cash? i guess so!
thank you for another amazing video it allways makes me happy when i see you posted another interesting video :)
Thank you! Really glad to hear you enjoy em :D
Would be cool if they kept adding versions with a 1/X chance to be rerolled to the previous versions. Example: every 1000th GSH would be a red one instead. This still ensures enough rarity... but as you said IT IS THE BELIEF, WHAT THEY REPRESENT.
The feeling that anyone could get it... would imo just be insane for the game and mostly holiday spirit
"NFT is so dumb"
also
"OMG i have a half full jug of wine!!!!!!!!!"
Very good and interesting vid ... as always :)
The only people who want the price of rares to drop are those who can’t afford one
I switched over to osrs in 2015after I finished my partyhat set and told myself I’d never sell them but I sold a couple weeks ago cause the price was just too crazy to not sell
Is the outro song available for listening anywhere?
Unfortunately not :( It's just a 10 second version, based on an older version called "This is RuneScape" which you can find on the channel.
I made so much money being lucky enough to get in on this early in 2020. I had a like 5b at the time and made 60b over a couple months from just buying some masks and santa hats, crazy stuff lol.
there's one major problem that jagex doesn't seem to realize, and its that bonds are one of the most traded, and overabused things currently in rs3 for anyone whos got a bank of over a billion gp. there's hardly a limit on how many you can buy in the ge, and the price has only been increasing (with the occasional crashes), but they are now at over 40 mil each, when last year, they were worth about 20 mil.
The sad part is that, 40 mil to a standard player doesn't seem THAT bad for 2 weeks membership, but imagine someone whos barely played the game or just starting out, learns that they can grind in game for a membership they might not want to pay real life money for, only to find out they have to grind damn well to 99 mining (or doing anything else that makes solid money) just to get the chance at seeing the price keep rising up to 50 mil.
Give everyone a keepsaked party hat set and get this over with.
im down
Re-release the party hats but take the RGB value for each hat and add +5 to each, just a very small hue off lol
The real solution is to re add the rares to the game. If they keep making them more rare, this will continue!
Maybe add identical looking items from a new event?
9:52 stacking gphats :)
I remember buying blue h'ween mask for like 300m. Years later it's worth...well more. nice unintentional profit.
What if they set a limit on how much of a rare item a single player can have?
There is a limit, 2,147,438,648
Wouldn't the rich players just split their rares on additional shill accounts, though?
hello willmissit hope you’re having a wonderful day :)
The only way to fix it permanently is to make all discontinued rare items non trade-able
It's fun to check the price of phats,blue is going for above 100 billion. That's insane.
LMFAO, I figured see it, but when Will Miss It says its ran by a large clan and first image is a ss of someone trading a clanie.
Would you do a video on the history of World 31/42 up until the release of Clans? That's the point where freelance rp officially started dying, and the early history of the rp community is interesting, untapped potential.
I actually tried to get a better look into the RP community at some point, but getting in wasn't very easy... At this stage I'm not sure the history behind it has enough of a pull to be turned into a video on its own, unfortunately D:
@@rswillmissit That's a shame, really. We've always been a very closed-off community, and its a problem thats only gotten worse as freelance died. I guess its almost funny the reason the community is basically- gone now, is the same we won't have that history really recorded.
The fact that if Chessy018 wasn't ever hacked, she'd taken over the rare economy years ago. I mean she already did before she was hacked with those 1k santas, but that was just the beginning.
I love the Chessy story! As sad as it is, it still remains one of the largest hijackings in gaming history. I'm doing a video on her next month. :-)
@@rswillmissit Awesome, I've been waiting years for someone to make a video about her :)
@@rswillmissit which shows how a common item such as rsh is manipulated so much
simple and effective solution: remove (ban) those rwters from pis2ols fc from the game. aka citi bank, emilia, etc
It’s insane how Pis2ols was never banned. Worst price manip in the history of RS. Even built his own discord price checker bot so that he can manip his items
@@Yes-vb4wg it’s really sad tbh
Might be an unpopular opinion but I always saw phats as something unattainable, where you’d have to become a god tier mercher to obtain one of these rares. Seeing them being priced so high for me is like a goal to strive for, even if the rate of the increase in price is higher than any money making method in the game.
One more thing I’d like to say is, making money in RS3 is as easy as it’s ever been. There are AFK methods that are hovering around 5m/hr, so I feel like these prices are indicative of how much excess gold people have. But that’s my two cents.
Jagex employees are selling rs gold themselves. Where do you think they get their bonus from?
As long as they leave combat gears alone, and why would you want others to know your are rich. Jagex want the whole rwt pie to themselves, but all these extremely invested player are whats keeping the game alive. what jagex can do is harsher punishment for non bond rwt, which might divert people to bond for buying gold.
Best idea i can think of is "jagax shold buy all the pt hats exist with gp and destroy it, removing it completely from echonomy"
yea I really hope they do something about those so called merchers? rofl they’re rwters and they price manipulated every single item in the game. Whenever I’m trying to sell an item I just go in their noob fc and I tell em that I’m merching it. Within days that item becomes unbuyable so that’s when I just dump the item in the ge. I’ve actually made hundreds of billions by dumping my items on that so called merching fc. The last item I did this with was poison slimes and I did that after I’ve acquired max stack of em. Now they will go from being 125-150 to being 1k+ haha
why not introduce taxation?
get a corporate tax that acts onto most extreme trades
that would create friction for manipulation income
JFC, 15 years to figure out: hmm... maybe banning the people buying the RWT gold too would be a great idea.
Ok, I don't mean to minimize the issue or anything, but I laughed so damn hard at 9:30 😂 imagine quitting the whole game just because you can no longer afford party hats! The real issue is the real world trading, and more importantly the 70% of it that isn't made up of regular players who are engaged in real life criminal enterprises. That reddit post just reminds me of how overly dramatic r/runescape is
Intentionally and systematically releasing vidyas about fake dupes may tank the market. If lots of people did them at similar times
I don't get how people can cry about people buying stuff and selling it on a much higher price.. that's just how the market works. It's not the sellers fault if it sells for the much higher price.. just don't buy it if you don't want to pay the amount.
The fact that someone would suggest rereleasing rares after 20 years or deleting them outright is really funny. It gets concerning when you start seeing suggestions like that upvoted to the top on runescape reddit though. Some players are so out of touch.
Zombie walk animation and Kree'arra pet are the two most annoying things in the game
The title should read. "How jagex IS fighting market manipulation."
mate the prices of rares is a joke, tbh a phat should be 40b at max despite any inflation! the reason prices of rares went up is cuz they unbanned many rwters, goldfarmers, botters and they bought out all the rares
yeah it should be like 20-30b maybe max, 100+ is literally not grindable for people, if we're really gonna say its a status symbol of success and how much money you got that isnt even possible anymore. people with 100+ bill are prob shady as fuck with how they get it
@@mjesus850 for the most part the so called “merchers” not to mention lurers, scammers , rwters from pis2ols fc literally manipulated their way into billions by using alts and other ways. they literally pm you on alts when you’re selling or buying a rare and they make you sell/buy an item for billions less or more since that’s all they do. so if you’re inexperienced or a returning player you will most definitely get scammed by them. sadly they also own the entire price check on the forums and they also manipulate their own members into buying dumb items such as tokens , etc. I don’t think they belong on this game tbh
Make everyone an ironman or don't allow playerge sales to directly impact the price of an item. Like in black desert.
Anyone know a legit price for an Easter Egg?
By adding 300million to new in-game event and treasure hunter promotion. Lol.
I remember receiving the Christmas scythe during the event and sold it for 100m so I could unlock soul split. What a dummy
They should just re release the rare items. The price would tank again for like 10 years, but it would screw over legit players
4b for a santa is a joke. I say this as i'm salty I sold mine for 900 mil before quitting!
Just make them untradable. lmao
Just completely nerf rares on rs3.
Rs3 has plenty of items that actually are worth something that can take the place of those over inflated rares. Sure the economy would be nuked, but it's a good thing because there's still plenty of room to recover.
Old guard rares are holding back the rs3 economy.
Here’s an idea for the OG rares just make them untradable. Sure no one can obtain them that wants them but at the same time it will screw over the players manipulating the price
But... what if they find another sneaky method to price manipulate again? How do we know history won't repeat itself?
Hi we owned the ge in 07 ;) 😉 many still do today
It's funny what people would do for so much for so little an expensive items that haven't been updated since the 2008 HD update
I wonder if these are some of the same guys on CSGO
Basically how the wealthy manipulate the art market
Exactly!
@@rswillmissit I mean it’s done irl too
I been buying gp over time for a year same account no ban rofl can’t detect and track shit well
removing them or re-releasing them would destroy the game. releasing new rares however is a good idea.
Destroy the game? Maybe for those few individuals that hoard them, rest not so much.
@@Jop3lius They could also just ignore them and focus on more important aspects of the game?
@@Jop3lius no, it would for anybody who has just a single partyhat, since their value is so immense.
Jagex thinking they can track people who buy gold.. Behave. They can’t do and haven’t done anything. I have both RMT and bought gold over and over and it’s effortless
The games “integrity” 😂😂😂😂 I spit out my drink
i dont get it, why even care about those items, they are purely cosmetic, so nobody needs one, just get the cheaper version or dont buy any at all, if people dont buy those items, the price will fix themselves.
The complexities of this video game economy 😂😂 this is crazy😭. I fuckin love runescape
Black Santa 30b leggo!
gold partyhats did nothing to lower prices yellow in the last month went from 40b to 60b.
Of couse it did not lower any prices, why would giving every single active player an item worth 400m lower any prices.
When you print way to much money, a general increase in prices will happen and a fall in the purchasing value of money.
That’s inflation, your money are now less worth than before the golden partyhat event.
@@MathiasPrimdal that’s why we need golden masks next!
I hate MMO Mercanters. If you're good with money, then spend your time making _actual_ money in the real world, do stocks or something. Items in games should be for the players that actually enjoy the game for what it is and want the item for what it is, rather than as an arbitrary token for financial success.
Sometimes Jagex seems like they have a very sophisticated understanding of what gives an item value. But then they create pea-brained solutions like adding new discontinued item variants so that players can get their hands on a discontinued item and not feel the need to buy the more expensive ones. That is so tone deaf to what made the og items so valuable in the first place. If anything, having a green santa or golden phat would make you want the og items MORE because they would have a taste of the real thing.
Nothing will be done. Jagex learned their lesson when they went all out attacking real world trading and botters alike in ~2007 - 2010. They literally nearly and completely destroyed their own game in a vain attempt to "save it". In fact, Jagex probably has very valuable data to what not to do to an online business/game in this scenario. If anything, Jagex would target select accounts as opposed to ever punishing a "web of real world traders". The reality is is that Jagex itself is involved in it's own back door dealings, and has since seen an increase in profits due to influx of players returning to their accounts or unbanned accounts from the mid to late 2000s out of nostalgia. They've learned the hard way not to approach their own game by eradicating the player base again - it will not happen, as the servers nearly died and Jagex was visibly desperate a couple of years after, especially around 2016 - 2018.
I want them to add a golden mask this year!
If I was Jagex I would do an event where it's a series of quests and after completing all of them you get untradable versions of the rares.
No.
Yep, Literally cosmetics, Let the merchers cry on reddit