Someone Is Rigging The Grand Exchange (OSRS)
ฝัง
- เผยแพร่เมื่อ 4 มี.ค. 2020
- RuneScape's Grand Exchange like most markets isn't immune to error. Today's video discusses how players are faking transactions to try and artificially raise and lower prices on items like the Elysian Spirit Shield and DHCB.
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The person who's doing it is the president of Venezuela.
Honestly... could say the same for anyother 3rd or 4th world nation. Heck! there's nothing stopping 1st or 2nd world nations!
Walter Bell What’s 2nd and 4th world nations? 😂
Obv America is a 4th world country
@@redhatlt I was wondering the same thing for 1st and 3rd world nations
Vid Skrlec lol maduro is too rich for this shitty as game, hes probably worth more than the donald
"sky"rocketing "down." This man is a genius
LMAO
Haha damnnnnnnn
Somebodies never heard of Elon musk
Lmaooo
ahahahaha
Tbh it would be pretty cool if Jagex just displayed the real time bid/ask spread in the GE, and the full order book somewhere on the website. It would make the market super transparent and instantly wipe out market manipulation.
I remember back when people use to get an entire clan and dump like 50b+ into 1 item like rune arrows
Chessy018 if I recall correct
I remember back when the ge first came out all those "merch" clans were the biggest insider trading scams lol. The owners would always buy way ahead of time and dump on the rest of the members after they pumped the price up, and then buy the massive dip after everybody panic sells for even more profit when it stabilizes.
smokin mills was 1 clan :D
And there would always be a second peak after the first crash and I would always buy right during the first crash and sell right before the second peak!
The Scythe of Vitur has definitely been a victim of these price manipulations
I've wondered that too. I have no proof for the scythe specifically but it's random jumps and falls are definitely strange
@@ColonelloRS it dropped 40 mil in like 24hrs a few days ago
@@KingProdigy to be fair, the scythe was up from nightmare still and is just now settling down.
omgwtf696969 see something he’s missing big time. The daily traded volume for these items are relatively small but they are expensive so if you have the money and items you can in a sense control the market for about a day. Almost like real markets opening of the day for promising stocks you’ll see about 3 climbs then crash/balance out for a day. Or like penny stocks people will trick you on a popular one by dumping an insane amount of money into and instantly selling it cause all you see is the graph and panic buy trying to get into it except you buying what the guy wants you to buy. It’s not a bug it’s life.
i love that i run into you in the game all the time. you really out here playing just like the rest of us and your content is so different and interesting you've definitely got something special here.
Remember back when massive merching clans were a thing, causing prices to get fucked up on everything.
They still are
It’s easier for them to manipulate the ge with how the internet is now a days.
Buy GME!
Among old school players, it's well known that the GE can be rigged. Depending on the item, you may be able to rig the GE by yourself with just a few million gold. It helps to look at fairly high priced items that people use a lot, that aren't traded in high volumes, since they added the trade limit. If that sounds really niche, that's because it is. I'm talking about finding that one item that can actually be profitable if you just buy them all. I can't talk about mine, because it's a niche that's easy to ruin, but that's the general idea.
What an awesome and intriguing channel. Thanks for the new content to keep me sane! New sub! 🤙
TLDR: there are still merch clans just like back in the day
Lol, that's my reddit post. I've been complaining about this for months, but I was always convinced it had something to do with OSBuddy.
Caronavirus is effecting the RuneScape economy as well 😧
Lmao
covid19*
@@bigbangattack97 it's the same fucking thing moron.
@@Destery you're the moron for spelling coronavirus wrong. LOL
Kung flu*
I remember this happened last year with the dhcb. I sold my gear to buy a second one. Helped me out on the rebuild so much.
I was able to move prices all by myself back in 2008's GE. I checked my log of transactions, totalled them up, and I was like 70% of the total volume for Flax, Bow Strings and Maple logs for one day. And I wasn't rich by the standards, but I had around 100M to work with, and played for about 20 hours that day. 8 GP doesn't sound like much profit, but when you are talking about many millions of items bought and sold, I probably profited about 5M per hour. I put the profits back into skills, with a bonus XP weekend coming up, I did crafting first with Air Battlestaves, then used the profits from that to buy herbs and seconds for the bonus weekend. So one player can manipulate the market, just tougher to do it with high value items than low value high volume items
Colonello, Sir Pugger, and Crumb are all the same person. Change my mind
The grand exchange has a limiter on how much item prices can swing day to day, and as a result isn't impacted by these short term "crashes" that you talk about, so naturally Jagex don't give a shit about a bug that only affects a third party site.
If you're dumping an item at 10% below the shown GE value just because it's what GE tracker is showing you it is 100% your fault for putting so much trust in a demonstrably abuseable system whilst attempting to merch high ticket items that people will likely abuse.
Literally this. These idiots just need to learn.
This is also why new items take a long time to reach their actual GE price. The Nightmare staff is still shown as 5m or so even though it was never even sold below 100-200M.
We saw the same with Twisted League items.
The guy who made this vid sounds like the typical left wing-liberal guy who blames some upper power for manipulating the market and you sound like the typical right wing-conservative guy saying that everything is our own responsibility and if you got duped its your own damn fault. Runescape is such a good game that it evolves into real politics
@@AlejandroGonzalez-wo5fk but he's right, why would you put all your trust into a 3rd party website that can be easily manipulated?
@@danielhernandez2575 yeah I agree. I just think its funny how runescape teaches you shit as a kid thats actually valuable irl
As someone who flips items daily I love to see content like this. There have been multiple times where high value items have crashed at an instant and it just never made any sense. The Ely is a big one cause I see 25mil margins on it at times. The scythe I lost lots and more than likely due to this bug too.
It’s not a bug lollllllllllll you’re talking about items with small daily traded volume and if you have the money you can definitely manipulate the market on those or rather if you have a merch clan. This shit happens in real life stocks too. You just have to pay attention cause they’ll bounce back to normal that’s something the osrs team has made sure of for the survival of the game/market. So I’m osrs it’s very hard to crash big ticket items permanently unless you able to find a duping glitch.
clean video again, keep em up
Nice editing, and very insightful
Thank you!
I saw you at Wintertodt! I’m fangirling because you’re the first OSRS TH-camr I’ve seen in game. Definitely made my night. Thanks for your awesome vids! ☺️
Thank you!! I appreciate that :)
"Went sky rocketing down" lmao nice vid though
John Connor haha yeah sky rocket definitely means “up” but good vid
was curious about this, seen this first hand. My roommate was the one who brought it to my attention.
What if they found a way to send fake packets to osbuddy server that act like buying/selling a item and in that way make it wrongly adjust the currrent price of those items?
It's even worse in RS3, since we didn't have a G.E. tracker (and still kinda don't) until recently.
I remember a few years back I noticed Arcane Spirit Shields had nearly halfed in price all of a sudden, so I picked one up & flipped it for 11M in nearly 15 minutes. Crazy shit. Just right place right time & with this video it all kinda makes sense now.
The price guide has to rely on the client. This can not be fixed. It has been a problem for years. You don't have to actually buy or sell anything. You can just send the data to the price guide website and it has to accept it because it has no way to authenticate it.. It has nothing to do with interacting with the GE on screen. This will ALWAYS be possible with client manipulation.
Thanks for pointing it out. I don't know the specifics of how OSBuddy's API works but you're probably right. Too bad it's pretty hard to think of an easy way to fix this without Jagex's support. The only way this could all be validated if GE trades are given official ID's and that OSBuddy gets access to an API to verify them, something I don't see Jagex doing any time soon.
@@iUUkk If he is right and people are sending false packets thru the third party clients to the OSB API, then Jagex is not at fault at all because the prices jagex uses has nothing to do with the third party clients.
Am I the only one who doesn’t sell his gear? I’ve kept my full arma and dragon armor since I naught it’s when I cost an arm and a leg 🤷🏽♀️
tldr: people should pay no attention to outside of game price listings. perception swings prices more than demand.
I'm the captain now exactly true in the real stock market too. The market isn’t rational, and that’s exactly how money is made
corona virus
Rumor has it they jumped from the GE to gamestop
Lmfao like hungry much
I remeber this happening to wild pies a couple of weeks ago, the price had gone from 800gp to 5k!!! Like wtf!?!
Lol you must not have heard of the TH-camr asking people to collect those for him.
I leave the world for a single age, and my boi Colonello becomes an anime!
{speaking of anime, have you heard an Australian senator wants ta ban anime?}
One of these items was "Steel Axes" they would buy for 79-110gp & Sell for around 800-1200gp.. that was for months.. then all of a sudden they took a huge dive
This is why I want an auction house instead of the grand exchange where you can look at all the offers live.
this is 100% it. it would make the market far more competitive and could still be anonymous. runescape is close enough to a real economy that we need real economic policy.
@@CLM1J RS has the strongest economy of any game ever. And actually would rank above so many real world economies its pretty impressive.
@@weetbix4497 there are programs to buy and bump stocks so idk about that
Yeah there is bot programs that help stock. This is something I always wanted for the Grand exchange but Jagex doesn't want it.
@@weetbix4497 No instead we deal with the top 1% who own more wealth than the other 99%. Bots keep RS alive anyway. They keep the GE filled with essential consumables. Jagex don't want to stop all botting. the player numbers would plummet.
I've known about this glitch since pre eoc
This is happening irl right now.
I had a weird experience, I sold the black cavalier hat for 1m gp twice.
I had only bought them for 60k ish and left them in the g.e for about 3 weeks and they both sold
i actually have a habbit of buying certain secret items for like 5gp and they buy pretty often
I bought like 70 something rockshell legs for 100gp-1k about a month ago. I noticed it when I put the legs in the g.e to sell for 1gp when i was cleaning out my pk tab, and they didn't sell. Made a little over 2m like that lol
I caught that trick with dragon hunter crossbow. it was almost 4 or 5 days were DHCB droped to like 60-70m. once a day at the same time. but when i put offer for 75m, item wouldn't buy.
Ive been thinking this since osbuddy release!
you mostly see this spike with expensive end game items such as the ely because there isnt a high volume of them passing through the ge every day. I noticed this about a year ago buying ancient wyvern visages making them into ancient wyvern shields and selling back. because no one really farms wyverns there arent that many that go through the ge and over the course of 3 weeks i was able to move the total price of the wyvern visage and shield up about 1.5m by myself alone and profited roughly 7m on just 5 shields.
Maybe somebody is selling all those items out to them self buying out every other offer until it’s them self setting there own price ... you never know
At one point I was making a 100m a night off the crossbows price kept going from 123m peak time Aussie to 107m peak time for Americans this happened for a full month until remaining 112m
discord gang
Whips have hardly been selling for med most times even under med, i knew something has bee up lately
Bro this happens to be the case for me with ge tracker without the membership for it. Almost all ge tracker prices are off by considerable amount when it says its up to date. OK I get it when it says they aren't up to date, but I've used it enough throughout the day to realise its as good as a rough estimate. Its really good when the market it relatively stable, but people can lose money looking at the graphs on non members (membership for ge tracker only) ge tracker
I could also be someone who bought a lot of dragon hunter lances, then sold 1 on OSbuddy for less, then bought a few more at a similar price (since to OSbuddy exchange tracks the first offer, people might think its crashing and could sell, which you buy for a lower price.) Then you sell the items back for the normal more stable price.
Rinse and repeat.
This could very possibly happen. I don't play Runescape, but I use to play Marapets and like Runescape you can buy and sell things in a world market. I WOULD PRICE RIG. Not maliciously, but as a teen, I realized when I would price rig, I could get tons of a items at a cheap price, and when I had about 100 of said item, and no one else in the market had any, I would then mark up the price, but about a 1 mill or more(virtual currency), and people would be forced to buy from me and my huge stock because no one else had any. This also happens on other games with virtual markets, like neopets for example and price rigging paintbrushes.
How does the osbuddy price changing affect the price in the grand exchange? or is this video just about the strange trends in the ge tracker?
A large portion of the community uses GETracker for up to date prices so when they see an item drop drastically they’re likely to panic sell for a low price, which effects the one in game
A few notes from someone who's been following this for years:
1. The selling to yourself method only works above the market price. Selling has no limit so if anyone tried to display DHCB selling for 64m they would actually have to clear all the buy offers down to that point, making a massive loss in the process. And the other thing about that is that OSB is supposed to filter those fake offers out anyway.
2. 99% of the time when this happens a lot of people on ge tracker jump on it and no one can buy any, usually you can catch some very close below market, but nowhere near low enough for this to be massively profitable. The only times it's been effective is when an item has been very unstable priror to it happening, probably because when an item is unstable only merchers are on it and they're the first to react. But still I have abused it during those times and I never got the feeling anything unnatural was happening other than the unpredictable panic selling, which again, usually wasn't even worth abusing.
Conclusion: This is either a bug or whoever is doing this isn't making a lot of money off of it.
Pretty sure I know how they do it. For a specific item such as the dragon hunter crossbow or lance, the price manipulator would need to collect a few of each and buy and sell those items to themselves for max cash. Formula would be ((Max cash - 1gp)/(#items - 1))=(item price), so that the last item would sell for 1gp to yourself and it would work because your offer should exactly match the sell offer.
@@Rabbi_Weasel I've never thought of that but it definitely sounds possible. OSB says they block those trades from showing up but who knows.
@@Rabbi_Weasel Actually nevermind, that wouldn't work. The sell offer has to be the same or below the price you want to buy at so in order for you to sell one item below market value you would need to sell ALL of your items below it. If you tried to sell a stack of items to yourself for max cash you can, but the last one will not sell for 1gp unless the sell offer is in for 1gp.
@@anomynus Check out 3:50 in the vid. Assuming the grand exchange buys and sells prioritizing complete packages whenever possible, it should work the way I mentioned it. Say I'm buying 7 dhl for max cash and I put in a sell offer for 7 dhl at (MaxCash)/6 price per dhl making for a total price of (7/6)(MaxCash) or "Lots!". The offer should complete instantly and completely fulfill my buy offer, effectively buying 1dhl for 1gp from myself
@@Rabbi_Weasel You can't sell the 7th dhl because you can't put in a "Lots!" offer.
I have been trying to buy a dragon hunter crossbow forever I low-key hope it happens again I'm keeping an offer in at 70m now lol
0:02 ... a game theory
I only have about 160m so I have to sell and rebuy dragonhunter weapons when I want them I've done this multiple times over the qaurentine. I bet I'm not the only one who can't really afford them.
I once bought 30k ether for 1gp ea. Back when rev caves had been introduced and all the bots were dumping the ether at night.
i was part of a huge merch clan back in the day and we pushed ancient staffs up to around 300k from 70k or so. Basically no different than what is happening now.
I never knew this bug. Yeah they dont sell for 1gp to themselves but instead the lowest Rsbuddy amount and in large quantities.
I did this with earth tiaras buying them at 2 gp e and selling them to myself at 800 ea the re selling them at 1k ea
Just Happened with Basalt rocks
Meanwhile 5b5b still on hold ^.^
What’s the CC called?
Where do you get the pixelated photo of the weapons for your thumbnail?
Pulled them from the OSRS wiki :)
Colonello they are always blurry when I get them from there. How did you get it so clear?!
Crazy idea, they could be old offers people are only just redeeming but that wouldnt explain the sell prices (for osbuddy)
For GE tracker, they 100% manipulate pricing, spend a week flipping hard using it and you'll see quiet blatantly at times the prices will be drastically off when updates seconds or minutes prior.
Im pretty sure the price of The Blade of Saeldor was also manipulated. I bought mine for 100m and then in just 16 hours later it crashed down to 87m.
Rookie idk that item but things do crash naturally. Like the d war hammer once the newness wore off
@@tylerguitar75 yeah hes not the rookie in this instance, I found the same thing
Haven’t marching clans been a thing since the GE? Or am I missing something?
theyve been a thing since before the ge
P.s The 1gp tbow thing isn't 99% fake,
I actually know a friend of mine who sold 12 t bows for max cash one time
He meant to sell 1 t bow for 1b but intead set the quantity to 1 and the value of 1b but instead did it the other way round
1 of the t bows sold for 13gp or 12gp
1 for 100k or so and the rest sold for around 200m roughly
I also have screenshots and video recording of my friend doing this by accident
Yes a lot of these screenshots are fake but definetly not 99% of them....
"We aren't really sure how the GE works" Proceeds to explain exactly how the GE works down to a T. Man, that was a revalation.
Lol
It's just a theory, Jagex hasnt revealed the actual formula :)
Some tryina pull a gme on the grand exchange
The ge will trade the highest sell below the buy offer . Ie. Buy 209gp. Two sells 100 and 125. 125 will be purchased
I know. Been making bills lately.
Lol most merchants have known the limit thing for over a decade.
As for playerdriven G.E sites that's been known for a while too, some items on a daily basis have times when they'll peak heavily and fall heavily, usually resources related to combat. None of them show on any of the graphs, probably weeded out as "irregularity" or to not give away all of the advantage they get from using you and me to drive their graphs.
ok listen man love da vids but where 5 boy 5 bil
Don't want to promise an exact date (originally did in February) but hopefully this month :)
nello is how you say in english, slow :)
Random but if you take a look at the Dragon Hunter Crossbow's GE volume traded graph. There are multiple days spread out where there were almost an identical amount traded, and they are all significantly higher than other seemingly normal days. It doesnt just affect OSBuddy graphs it affects Jagex graphs.
Holy fucking shit 5 months age some guy traded me a lev 30 i tought it was a lirer cuz i had tbow/3a on. He started convo then traded me showed me 52 lances noted then i checked ge it sold for stable price, bought 4 more then sold it few days later cuz nothing happen, then few hours later i needed a lance for a task then saw it was going for 97 ea instead of 87
I see this all the time, but I think it’s just luck, if one person gets an item for really cheap or really expensive it alters the graph
I’ve been flipping and I see items that are worth 100k someotimes get a buy for 1gp
icy/lava whip mix used to be 300k on january 15th and are both 1.1m now. INVESTIGATE
I believe those can only be obtained from the Bounty Hunter store and theres no way to get BH points atm.
DISCONTINUED ITEMS
@@Ryan-gz6ym cover up
@@Ryan-gz6ym Go Vikes!
This mornign I saw games necklace for 7k on tracker so I sold 1 for 7k sold insta so I got 100 sapphire and enchanted them they all sold for 5-7k ea but after that went back down to 700 as if trying to make me buy sapphires or gold idk
Is osbuddy and runelite still bannable? Would i get bannned for using?
Jagex has confirmed that Runelite has complied with all of Jagex's 3rd party client rules, so it is fine to use. If you download it, just be careful you download the correct one, as there are a lot of fakes out there.
Jagex has said that runelite is compliant with their rules, so you can use all of its features without worrying about being banned. They even said in the past that 3rd party clients do not show up as a bot. J-mods use 3rd party clients in streams from time to time.
Awesome! Been using the default client out of fear. Definently switching to it after work.
Awesome thanks guys!
I think this could be solved if the RS market board system displayed the usernames of the buyers and sellers like you have in WOW and SWTOR. The panic selling of items induced by the manipulated rolling averages on OSB would probably be largely eliminated if you could plainly see exactly your point: that people are buying and selling these items to themselves. Information flow and availability is a basic driving force of any market interaction, since it determines buyer&seller expectations of their NEXT purchase or sale, which is exactly what is being targeted by tricking people into thinking an item is crashing or spiking up. Why keep my DHCB **now** if I could buy the **next** one for higher or lower? Pretty simple concept but I think a just as simple solution would be to display WHO is moving these items around. I guess you could exploit even that by using multiple accounts which you own, but like you said in your video the exact internal priority calculations of the GE aren’t known to us so who knows. If your theory is correct, these people want you to think that a bunch of people out there are really eager to get rid of their DHCB, since (as far as the innocent player knows) the only way the displayed price could be moving like this is if actual sales were taking place and they must have some reason for trying to dump all their DHCBs so I should probably do it too .
Edit: Since the RS marketboard system isn’t like an open-air auction like you have in WOW and SWTOR where you just see a long list of all the posted offers, the time it was posted and the username associated with it this might not work as effectively, but that was just my first impression
I was giving this some thought. It would honestly not be hard to do it all with 2 or more accounts. Set a buying price on one account and then put your selling price to the exact buy price you did.
That's not how the GE works, like at all. There would have to be no other active offers for that item by another player in the entire game.
@@spicysalsaking791 Yeah its not hard to find inactive items.
It's pretty easy for flippers to buy out the GE's entire stock of a low volume item and then sell it for a higher price.
When is the new 5 boys coming out?
Who remembers merching clans back in the day?
They still exist. Recently they fucked with twisted league items. (Couple days ago)
Even if its a bug on Jagex's end the reason they havent fixed it is because they dont use that data. OSBuddy does though. Classic Jagex
Why would you expect Jagex to fix something that outputs completely useless data for them? The GE has a limiter on how much item values can swing day to day, so these "manipulations" only really effect those that are using GE tracker to try and pay the market.
If you're paying 100m over the GE price of an item compared to GE tracker, you're being scammed pure and simple, and that's not Jagex's fault.
@@XxOzzyBoyx New items (like twisted) are easy to mess with. Just buy them out and then "trade" to your alt account via the GE to make it seem like many many more have been bought or sold at a lower price.That may be whats happening here. Someone owns a shitload of the item and just buys them out or dumps to the handful of players and then they fake sell a bunch more.
That literally doesn't work unless nobody else on the GE is buying at a higher price than the person is selling it to themselves for, and all that means is the actual item price should be worth less than the GE price.
New items are worth billions on release and then crash insanely hard within the first few weeks, there's very little consistent money to be made off of them.
I'm not watching the video but normally the people causing massive price flux are the merch clan leaders I'm sure some of them are the same from back in rs2
People hell stress out about the large items, the money is made on the small items like runes and ect, to Make runes crash is quite hard but it's possible, you try buy the mass amount off the botting accounts when they flood it for 50‰ of the price, dropping the Ge price for a few weeks and sell it back, you need up to 10 accounts buying for the same price at the same time and to sell Runes at the same time for the same price in a total of around 5b gp (5b ÷ 10 players =500m÷(78GP - 50‰)fire runes × thebuycap = total profit) per item you merch, this can take around 3 to 7 weeks to complete but it's free gp without playing.
Guess it makes sense now since nerfs
Who still uses OSbuddy over Runelite? Why?
Reach
Boi I've been saying this for a year now, people can literally create large clans that then proceed to buy out an item the clan would probably consist of really wealthy players.
Good time to repost this lmao
What ever happened to Bankstandin podcast???
As a runescape user who owns a specific item Monopoly and can literally change the price of it to whatever I want, I can tell you that this does indeed happen from time to time.
Be honest... Its monkey nuts isnt it? We know its your charlie
It's like real life. The rich are outside the laws and economy
I mean why is it still possible to sell items to yourself? IRL exchanges have dealt with churning ages ago and it's not so hard to include in the GE matching engine. It not fixed just makes such tactics easier to perform
what? you can prevent a player from using multiple accounts?
@@javabeanz8549 I thought he was referring to same-account churning. Was he not?
Quite literally cyber theft
Skyrocketing down? You mean plummeting I believe since rocketing towards the sky is generally an upward direction
This happens on the stock market too nothing new
It's just good business.
0:24 "skyrocketing down" isnt a thing...
Good point LOL
I know people who do insider trading. But that's with resource items not big items.
its people, or at least one of them, u dont manipulate prices you destroy demand by bot farming an item and then when profit < maxpossibleprofit then switch botfarm, and when i say bot farm I means (at least)20% of the player base most likely.