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Thread: Possible Site-Wide Collaboration

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    Possible Site-Wide Collaboration

    I've been pondering this overly ambitious idea and I thought I might as well throw it out.

    The SRL community is quite large and likely quite powerful within the virtual boundaries of Runescape. However, it seems to me that if we were all to work together and combine forces, we could accomplish much more.

    My idea is this then: to mobilize the SRL community by making a sudden, unified attack on the Grand Exchange.

    What sort of 'attack', you ask? Well, what I had in mind was focusing all our riches on single item, so that we buy up all of it on the exchange. In this way, no other player would be able to buy that item from the exchange, and therefore would have to buy it from us, who have hoarded close to the entire world's supply. We can then charge high prices and leisurely sell them off to the highest bidder, making a large profit in addition to notoriety.

    Jagex has taken many measures to prevent an individual from achieving a monopoly, such as a limit to how much of a certain good you can buy per a certain amount of time, but they have overlooked the power of a combined effort, and I believe we could make this work.

    I have thought about what item we should target, and I will recommend the law rune for three reasons:
    -It is a necessity for many players: they are often willing to pay 1k or more for one when they need to teleport. If players cannot buy them from the exchange, they will come and buy it from us.
    -Not too many people will be able to craft more, because it's members only and you need at least level 54 in crafting.
    -Most importantly, the limit on how many law runes one person can buy from the exchange every few hours is very high--something like 25k. Compare that to most other items at just 100.

    I think there are a number of benefits to this plan, such as the possibility for great financial success and fame. Even if we do fail to buy up all of the law runes on the grand exchange, we can always just sell them back at no loss. It is even possible that we could make money even though we failed if the law runes go up in price. Looking at the history for the prices of law runes, it seems there is an upward trend now.
    http://runescape.wikia.com/wiki/Gran...on_Trade_Index
    (scroll down a little and click history in the table for the law rune)

    You could see this as strike back against Jagex for their updates, or as an interesting experiment, but regardless, it's a lot of fun to unite under a common cause and mess with the economy of Runescape.

    If you managed to get through all that, please give me your thoughts, criticisms, suggestions, etc.


    Edit:
    Post if you support this idea
    Supporters:
    me(jahooma)
    mixster
    king of the nites
    Dan Cardin
    Brain
    Lacky
    kingarabian
    srtikerx25
    nikos
    erwinn
    palmpilot71
    putnam11
    jelloman
    scaper123
    M_A_I_N_FTW
    splbooth
    metalanca

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    Who would we want to waste all of our gold points?

    Are you selling law runes?


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    no lol, I'm not selling law runes. I'm not even a member. And the use of a law rune as the target item is not set in stone.

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    You still didn't mention why we should waste all of our hard earned GP's...


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    Waste? There's very little chance you will actually lose any money. What's really a waste is letting your gp's sit dormant in you bank account.

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    This really would only work in theory. Chances are some members would buy some at the beginning, wait for prices to go a bit higher and sell them back to the GE. Also, it will be hard to get them all as there's a huge amount and you would have to be the Martin Luther King Jr. of the 21st century to get every user on the board to do it, so it would end up being hard as you would probably only have 5 or 6 people, most of whom will be poor and want to do this is a way to make some money. Also, I think the trade limit will actually stop us from making a lot of money, as with each Law rune costing around 1k at highest now, we can sell at 3k if we were the only ones who did have, but then we could only sell the odd 1 every now and then, leaving us with thousands of law runes in our banks.
    Like I said, good idea in theory, but will not happen, unless you're Zezima/other 99 all stats player with billions of RS gp to spend yourself.
    By reading this signature you agree that mixster is superior to you in each and every way except the bad ways but including the really bad ways.

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    Quote Originally Posted by Jahooma View Post
    Waste? There's very little chance you will actually lose any money. What's really a waste is letting your gp's sit dormant in you bank account.
    not really it depends 100% on what you do, if you let your money sit in your bank account instead of buying a common item you wont lose money because the item will depreciate if you buy a rare then the rare SHOULD go up and you would make money

    if everybody at SRL (4k active members) worked together at something like this or any other type of price manipulation then we might accomplish something big, but after you take into accoutnt about 4k people at srl and 1m members i dont think we would make a large difference.

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    Quote Originally Posted by mixster05 View Post
    This really would only work in theory. Chances are some members would buy some at the beginning, wait for prices to go a bit higher and sell them back to the GE. Also, it will be hard to get them all as there's a huge amount and you would have to be the Martin Luther King Jr. of the 21st century to get every user on the board to do it, so it would end up being hard as you would probably only have 5 or 6 people, most of whom will be poor and want to do this is a way to make some money. Also, I think the trade limit will actually stop us from making a lot of money, as with each Law rune costing around 1k at highest now, we can sell at 3k if we were the only ones who did have, but then we could only sell the odd 1 every now and then, leaving us with thousands of law runes in our banks.
    Like I said, good idea in theory, but will not happen, unless you're Zezima/other 99 all stats player with billions of RS gp to spend yourself.
    You make some good points, Mixster.
    It really comes down to that we aren't capable of acting together, every person will do only what benefits him the most. However, if we for example were to buy up all the law runes on a single day, no one would be able to sell them back to the GE for a profit, and therefore they wouldn't even be tempted to betray our cause.
    All we really need to do to make this happen is to have a respected member come forward and support this idea.
    I think if we get even half the people here, that will be enough to buy out this one item. Which leads to two questions : How many law runes are there on the exchange? and do we have enough combined wealth to buy them all?

    I might have more to say later.

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    I'm certain we would have enough wealth if the majority of members joined, but the problem is that most people have money stored in other ways, mainly as this is a scripting forum, so people have millions of yews or ores or something like that, so to get all of them ready would take a good few days. Anyway, buying law runes is generally a good business in RS normally as the price does seem to influx daily at peak times so all you have to do it co-ordinate your buying and selling times and you could, probably, make a lot of money via the GE without having to hold the law runes hostage.
    Maybe if Wizzup? supported this idea, then members would back it up, but I doubt it will happen and he would probably be the only with enough popular global support to do it (I'm sure RAM, Benland or StarBlaster could pull a lot of support from SRL members, Dev's and older Jr member's, but Wizzup? is probably the only forum-renowned person here).
    By reading this signature you agree that mixster is superior to you in each and every way except the bad ways but including the really bad ways.

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    i think its a good idea...but I don't like buying the laws, sure you need a kinda high level to craft them....but even I, a non-member have that high of RC lvl. I think we would need to find a more suitable item to monopolize...
    anyway, I'd be in on this if we could get a huge collaboration sounds kinda fun, and I don't have anything to buy anyways, I'm kinda poor tho, only like 2m...sorry, but I'd join if we got a lot of people to do it too
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    One problem I see with this is that although we may buy all the laws on the Grand Exchange, people probably have laws stored in the thousands and thousands and if they saw the price rise dramatically they would begin selling it themselves once again flooding the GE with even more laws. And with the cockroaches dropping 10-15 laws at a time and other monsters and runecrafting, I don't believe we would even be able to hold half the laws in runescape.

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    To summarize:
    We will try to buy up all of a certain item on the Grand Exchange in a short period of time, so that everyone will have to buy them elsewhere for higher prices. Since we will have huge stockpiles of that item we can sell them back for a large profit.

    Now there are two problems to solve:
    1. Choosing the 'target item', or the item that we buy up
    2. Getting the needed support from members

    1. I have put forth the idea of using a law rune.
    Problems with that:
    a. they are produced fairly fast by crafters and come up often in monster drops
    b. people stockpile them

    Benefits to the law rune:
    a. Easy to make money off even if we fail to get a monopoly
    b. It has a much higher limit on the number you can buy every couple hours on the grand exchange than most items. I think it's you can buy 25k of them every couple hours
    c. It is a necessity to most players and they would be willing to pay much more for one.

    If we're looking for alternatives to the law rune we would like it
    a. to be rare or hard to produce more of
    b. to be important to players so that they will buy it even for higher prices
    c. to have a high limit so we can buy many of them quickly (most stackable items have a high limit)
    d. to not be a commonly stockpiled item

    Actually scratch letter c. We may be able to buy more of them, but that also means there are more on the market, meaning it's usually just as hard to get a monopoly as items with a low limit.

    So overall, I think it would still be profitable with law runes, but I bet we can find an even better item.

    2. Once more people see this thread I think we will get enough people to do it as long as we can prove it profitable.

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    One of the other problems is that Jagex controls their own prices. It's one of their "countermeasures" against people like us doing this exact thing (which also conviently lets them decrease the price of rares as they see fit ).

    Quote Originally Posted by mixster05 View Post
    and you would have to be the Martin Luther King Jr. of the 21st century to get every user on the board to do it
    Or you could just be Fakawi

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    Quote Originally Posted by Widget View Post
    One of the other problems is that Jagex controls their own prices. It's one of their "countermeasures" against people like us doing this exact thing (which also conviently lets them decrease the price of rares as they see fit ).


    Or you could just be Fakawi
    so if they saw some of thier prices go up by a lot, they would just lower them back down? If thats what your trying to say then they would ruin most of they economy of the game. I like this idea because their is a good chance that they can't ban us.

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    Quote Originally Posted by Widget View Post
    One of the other problems is that Jagex controls their own prices. It's one of their "countermeasures" against people like us doing this exact thing (which also conviently lets them decrease the price of rares as they see fit ).


    Or you could just be Fakawi
    Well, when you think about it, there's about 4k members here, each with probably heaps of accounts (mule accounts etc.), so there's probably about 20000-100000 accounts here, and we are all in different timezones, so we would be continuously putting effort into this, we would have bought loads before Jagex even get a whiff of this, considering they are UK based, we just set a time, close to Jagex's bed time and the people online then start, and it just all goes around.

    Quote Originally Posted by king of the nites View Post
    so if they saw some of thier prices go up by a lot, they would just lower them back down? If thats what your trying to say then they would ruin most of they economy of the game. I like this idea because their is a good chance that they can't ban us.
    That's when we wait a week or so, for more influx, then we continue, and resell.

    Quote Originally Posted by KoKouKo View Post
    not really it depends 100% on what you do, if you let your money sit in your bank account instead of buying a common item you wont lose money because the item will depreciate if you buy a rare then the rare SHOULD go up and you would make money

    if everybody at SRL (4k active members) worked together at something like this or any other type of price manipulation then we might accomplish something big, but after you take into accoutnt about 4k people at srl and 1m members i dont think we would make a large difference.
    Still, when you think about it, there's about 4k members here, and gaining each day, each with probably heaps of accounts (mule accounts etc.), so there's probably about 20000-100000+ accounts here. That is a pretty big hit, a tenth of all the accounts, or there abouts.

    Quote Originally Posted by Brain View Post
    I'm kinda poor tho, only like 2m...sorry, but I'd join if we got a lot of people to do it too
    Well someones modest now aren't they?




    Although I am thinking this could work, we would probably only raise raise our bank account by about 500k or so, and then remember, we're each on different accounts, so, although we are trying to buy the GE out, everyone will all want the money to themselves, so there will be less for everyone else, because not everyone has the exact same amount of money, the richer people will be able to buy more, thus they get richer than someone with less amount of money, as they can't buy as many, to resell. Also, I don't think everyone would put all their money into a huge fund, held by, say Wt-Fakawi or Wizzup?, people still wouldn't trust them with their money. I mean, I for one, and probably the majority would trust them, but there would still be many (leechers most likely) that wouldn't.

    Although I am all for it, it just sound to much like a Pyramid Scheme...oh wait...IT IS! And we all know how much pyramid schemes fail...that's not to say they all do, but most of them do.

    Still, sounds good. ^_^

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    You have no idea what a pyramid scheme is. A pyramid scheme is where you get people to give you money without selling anything. Also, I doubt most users have 25 accounts, so it's probably closer to 10 accounts which would be around a 25th of the total population. Also, you're not taking into account that most of those probably won't have much instant money as they will most likely be skillers so they would have to go off and chop etc. and then sell what they chop or sell what they have in their bank which could take some time. Also, trying to get all members to join in is a dream. It would probably be wiser to try to get a certain overall amount of cash, like 50 mil or something similar.
    Lastly, it's very hard to transfer cash onto accounts with the GE update, so having a big central fund wouldn't work and the limit on items to buy would also stop it from happening quickly.
    By reading this signature you agree that mixster is superior to you in each and every way except the bad ways but including the really bad ways.

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    It makes no sense to call this a pyramid scheme. It is kind of insulting and completely unrelated.

    We don't have to worry about Jagex artificially controlling the price because we will buy up all of the item on the GE. If Jagex decides to change the price for that item on the GE, it won't matter, because there won't be any items left on the exchange to buy. Basically we will make the GE useless for that item.

    Mixster is right that one big central fund would never work. That wasn't my idea at all. It is only possible to get a monopoly with many people buying at the same time because of the buying limits they have.
    Also it's not a problem that it would take an extra week or two for people to convert their items in cash. We are in no rush. We can wait as long as needed to ensure a successful monopoly.

    And so finally, it just comes down to this: will we be able to get enough people to join? I think we will because this is about the same as asking: Do you want to double(or triple...) your money? No one can refuse a safe and extremely profitable offer.

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    They can very easily, but as said, you need to convince some high up members to help promote this. I'm all for it personally, but I just don't believe it will be possible unless we get that support. In the mean time, I'm gonna check out the law runes and see the rate of inflation for them over a few days.
    Edit: Current price is 305-321 with the average being 308.
    By reading this signature you agree that mixster is superior to you in each and every way except the bad ways but including the really bad ways.

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    i like this idea because im pretty sure i have semi-large amounts of money/items on my account and i dont use it. once i figure out my old password ill get back to you
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    Edit: Sounds good Dan

    Thank you Mixster. Do you or any one else have any ideas for promoting this idea?

    I was thinking maybe I could create a list of people who support it at the bottom of my first post.

    Also, this site Site Discussion forum doesn't get very many views compared to some of the others. Maybe this thread could be moved to a spot where more people would notice it, or i could create another thread with this idea(or is that against the rules?)

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    Quote Originally Posted by Jahooma View Post
    Edit: Sounds good Dan

    Thank you Mixster. Do you or any one else have any ideas for promoting this idea?

    I was thinking maybe I could create a list of people who support it at the bottom of my first post.

    Also, this site Site Discussion forum doesn't get very many views compared to some of the others. Maybe this thread could be moved to a spot where more people would notice it, or i could create another thread with this idea(or is that against the rules?)
    well if you do create list, then im in!!

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    Ok, good. I made the list and you're on it, king of the nites.

    Anyone who supports this idea should post here saying they do, so I can add them to the list.

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    Quote Originally Posted by Jahooma View Post
    Ok, good. I made the list and you're on it, king of the nites.

    Anyone who supports this idea should post here saying they do, so I can add them to the list.
    I'm in.

    I don't think we should be putting a list up where Jagex might find it. They say they check sites daily for stuff like cheats coming out, or someone selling their account etc.

    Then again, from what you have described, I don't think we will, or can.

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    Im in for this. If you guys get anything done im set. I have 5 accounts 2m+ on em (thanks munk).
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    hmm....I support this i mean just think Everyone in SRL forum goes and buys i dunno rune axe's not 1or 2 but hundreds and i automatically gets sold to us so people who buy after us will have to wait the price will go up then we re-sell to the legit players for 1-2k more then we originally bought it for and make a huge profit

    But the only down side is if Jagex have a mule in the forums and see's this thread then looks at who's buying it then bans us all
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