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Thread: The Grand Exchange!

  1. #276
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    Quote Originally Posted by noahthepoo View Post
    i sell stuff on my autos for lets say 4gp then buy on main for 3gp cuz of 5%thing i make 1m per time i buy 1m stirng for 1m and sell and buy from main to auto
    I LOVE AMERICA'S ARMY!

  2. #277
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    i think they should put the grand exchange where most poeple go and have u seen clan wars no1 stays in the wilderness to kill other people 4 more stuff rs just gt alot more boring if u ask me the grand exchange is a nice idea but set out all rong h8 the clan wars

  3. #278
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    if some1 wanted to buy ur yew like only 5k they would buy 5 k of ur yews and it would only say the percentage sold in grand exchange

  4. #279
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    This Grand exchange isn't bad. We have somthing in our world very similar called globalization. Globalization basically removes borders allowing really cheap prices. The communist countries that don't open borders to trade are the ones with super high prices. If you want to buy something this is good for you as long as it is a cheap commodity but if your trying to sell high you have to find that item in the "communist country".

    What you need to do is be one heck of a powerful char who can go get things that usually ppl can't get. Zezima would have had a blast with this cus he was 99 in all things. He could go into the wild and find the blood rune spawns or kill that big fat ant for tons of $$.

    The problem now is finding that one item that no one else can get and then getting it.

    Look at the prices, Dragon axe is selling for over 3 mil still. Thats a fair $. Try using macros to get to high lvls and get those hard to find things. If along the way you get 30k ess and want to sell for some side cash go for it.

    We are seeing in the real world, oil prices are rising and so will certain things in this Grand Exchange just wait and see what they are and be ready to find it.

    That what I got to say.

  5. #280
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    I think the grand exchange is a good thing to have.
    But the 3k trade limit is quite bad.
    You can't even give things as a gift, more worth than 3000 coins.
    The exchange makes it possible to do other things while selling, that's a good point but get rid of the 3k trade limit!

  6. #281
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    Administrator's Warning:
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    i hope this works out for srl as a whole community
    yea hopefully the new updates wont stop everyone from scripting.
    i had the same problem
    that wasnt much help!!!!!!!!!!!!!!!!!!
    this is a very good thing to have
    that is awesome
    gratz
    thanks that helps

  7. #282
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    Brent, a one day ban and postcount reset for you. Do not spam to get yourself into Junior Members. There are better ways!
    Hup Holland Hup!

  8. #283
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    I don't think that the Runescape devs would allow for the prices to drop down to being "worthless." For while it does discourage autos and encourage "combat moneymaking/adventuring," it also reduces the value of the money-making skills.
    Who lives in a pineapple under the sea?

  9. #284
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    the GE is pretty good for merchanting.. since there is a variable market price.

  10. #285
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    I really Like the Grand Exchange because you can do other things when ur buying/selling items and it's really fast when i sell my steel bars making my fingers not numb ^.^

  11. #286
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    Nope. It is one of theworst updates ever. Economy will be ruined. You will see

  12. #287
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    i believe that its just another way they tried to destroy the economy of rs

  13. #288
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    Quote Originally Posted by MrSex View Post
    Nope. It is one of theworst updates ever. Economy will be ruined. You will see
    No, the economy won't be ruined. Parts of it will, true, but as a whole- no. A part that is already ruined is (obviously) Yew Longbows. Uhh, 700 each on the Exchange is a bit high, don't you think? :P

    Natures are going back up to the 300's, Pure essence is coming back down because so many people are mining it now (hey, it used to be around 160 each. That's a good profit :P), so this is still a free-ish economy where supply and demand do still play a large part in pricing.
    Current Project: Catching up. XD. Potentially back for the summer, depending on how things go.

  14. #289
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    i like grand ex i dont need autotalker

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    im realy upset about the grand exchange

  16. #291
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    Can someone tell me exactly where the Grand Exchange is on Runescape?
    Killacoalman

  17. #292
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    Quote Originally Posted by Killacoalman View Post
    Can someone tell me exactly where the Grand Exchange is on Runescape?
    varrock http://mr-aragorn.com/muut/ge/map.PNG

  18. #293
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    Ty Im trying it Out now

    Ty ,, Gona try out this one

    Ty ,, Gona try out this one

    Its A stupid Update

    Not much stake
    No Pk
    No lure =[ Ditch Lure

    Have to test it Btw TY

    Ty Testing it rite now

    Its not working Good anymore Max trade 3k ore anything o.o

    Ty Its a good Script

    This is a good script for low lvls they can get fast exp but not for high combats btw Ty

    FIRST POST W00T TY Mate Gona try oUT!

  19. #294
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    I totally disagree...

    The grand exchange is an example of government intervention (jagex) intervening in the free-market economy of runescape by setting a 'market price'. I have noticed a pattern that leads me to believe that this is in fact a price ceiling below the traditional market price set by the laws of supply and demand. If anyone studies economics here, they would know that that would lead to shortcomings in supply and an blow-out in demand. However, this would only apply to armour sets. I'd wager that not as many people are willing to buy resources such as coal as their market prices increased by as much as 30 gp, which is alot in bulk purchases.

    It is very hard, if not impossible to manage an economy like Runescape completely by setting the prices right. A slight disparity would upset the whole balance between supply and demand. This law of supply and demand is focused around the miners and cutters and producers selling at amounts and prices that reflect how badly the manufacturers (fletchers, smithers, etc.) want the materials.

    Having said that, entrepreneurism is dead to an extent, with merchanters throwing everything away in the face of a solid price. The grand exchange itself bears no resemblance to stock exchanges in the real world, with limits set on the price fluctuations. As a result, if demand for a particular item falls, the price will not be indicative of this drop so less people will buy the item. The suppliers will notice that their items are not being sold, and will decrease their prices, unaware that the real market price is beneath that set by Jagex. Slowly, people will begin to realise that the sale of that item is unprofitable and will shy away from that particular skill if no revenue is being produced.

    With the decline in demand and supply, and the lack of foreign investment and government injection of capital into the economy, recession will begin and unemployment will commence in earnest. As the economy falls to ruin, and the citizens begin to tire of the poor economic and social conditions, civil unrest will be on an upward hike. Eventually, if the problem is not solved, it will reach phenomenal levels and the tyrannous government will be overthrown, with a new one elected. Hence, the land will convert from a socialist, one-party state racked by totalitarianism to a democratic and free country that elects its own leaders and rules on its own freedoms and rules.

    Or so the economic story goes...

  20. #295
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    wow, very complicated, and im not sure i understand it all, i read it all because this is what ive been trying to explain to my friends. very nicely put

  21. #296
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    ew i hate it, its gay.

  22. #297
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    Quote Originally Posted by Narcle View Post
    I don't like the setup AT ALL. It should be set up where you can actually see each individuals offers, not put in a number and buy who has it at that prices... Hate it hate it hate it.

    WoWs AH >>>>>> Grand Exchange

    p.s.
    Way to destroy the game economy, imo
    Well...the way it is can be viewed positively you know? Such as if you offer max...and someone is selling for min... It may settle in middle, and both are happy. But i'll give you this, sometimes prices screw you over......like potions!

  23. #298
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    Quote Originally Posted by Stano View Post
    Well...the way it is can be viewed positively you know? Such as if you offer max...and someone is selling for min... It may settle in middle, and both are happy. But i'll give you this, sometimes prices screw you over......like potions!
    Its kind of like the world's stock markets and the system used to match buyers and sellers... They don't have to see each other's offers, they just set in the price they want to sell or buy for. Its completely anonymous.

    I don't get what you mean by the potions >.>
    "Death smiles at every man. All a man can do is smile back"

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  24. #299
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    GE is just genious! In know the idea is from wow but finally!

    My name is Kristian and im a casual rs player. im 15 yr old and live in norway...

    maybe ill get one too its very nice

    this doesnt work for me

    hmm that spyhunter didnt get rid of my keylogger

  25. #300
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    Quote Originally Posted by Suplatik View Post
    GE is just genious! In know the idea is from wow but finally!
    Didn't UO have an exchange long before WOW?
    Regardless, I also really like it. It makes buying in bulk so much easier than trawling through the forums

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