Quote (criticalminds7 @ Feb 9 2019 04:50pm)
If I posted this in the wrong section then please let me know where this kind of osrs discussion posts are located so that I can repost this in the correct locationBe Respectful pleaseI've only been buying osrs gp for little over a month here and the price went from 80 to 87. At this rate, it will be 100 or more per 1m before summer.
This is statistically false. Prices do not rise in a linear manner. OSRS gp is 1:15 USD per M if you know where to go and That Price is not Increasing anytime Soon. It's a Booming Market.
Please confirm where you find your prices as I googled USD:OSRS gp and the first result was $0.77 per millIf I spent 1:15 Usd here on Fg I would probably only get 5fg and that's not an educated guess.
You don't buy one currency to purchase another currency. That's how you lose out your dollar value through rate conversions. I wouldn't buy GBP (British Pound) in order to get USD; I would buy USD... Purchasing FG from this site is meant for Njaguar to profit. As I said prior, you lose value through rate conversion. it's just a randomized guess because I'm to lazy to do the math but if in case you are curious, 290 fg is 10 bucks.
Again, that's buying directly from the website which is stupid. If you want to do it that way, all power to you however that would be like leasing a car for 10+ years instead of just buying the car. You're spending your money the wrong way, but it's your choice. The real life trading section valued FG to around $10 per 1k fg, through some rumors I heard back in the day 1m of osrs gp is 1.59 cents after taxes usually so do the math.
I generally find the Diablo 2 community to be a well-respected community most of the time.
I understand the logarithmic curve of a fluctuating value in an active market-place that is dominated by supply and demand but for those of you who play Diablo 2 and Old School Runescape like me, I want you to ask your self.
I'm unsure if you know what a logarithmic curve is because it is similar to exponential growth. https://en.wikipedia.org/wiki/Logarithm . Look at the graph, OSRS price does not follow that curve.Would you Pay 2-3 Ber Runes for 1M in Old School Runescape?
No because again; you're comparing apples to oranges. They're VERY different in terms of value (what it can be used for, as Ber rune has SPECIFIC uses, whereas RSGP can be used for nearly ANYTHING in the game) and the invested time it takes to get 1 Ber rune vs 1m OSRS is drastically different. There is RNG involved in getting Ber runes and no "chance" when getting RSGP. You are guaranteed to accumulate items worth a certain amount with various different methods to attain this. Now actually Think about that for a minute. ( Excluding Botters, I'm talking about Legit Players who do not Bot like me))
You can't exclude botters when discussing Diablo 2. I would be confident in saying over 60% of the "active" players on D2 right now are bots.Some of you here are Merchanting which I fully understand that, everybody wants to get the most bang for their buck.
But why are you going to continuously raise the price within an unreasonable amount of time?
If you don't like people raising their prices "within an unreasonable amount of time" then open up your own merchanting business that operates on smaller profit margins. Also, what would you suggest to be a "reasonable amount of time" because the game updates have a significant effect on the value of the GPin little over a month the price has gone from 80:1 to 87:1 and or 90:1 (which I was just recently offered).
Your fault for not buying when prices were lower. It's like housing, I could have bought a home after the 2008 financial crisis and I would have made a 200% return on my investment over a 10-20 year period. 10-20% annual return is a sizeable amount and I'm kicking myself for not buying lower but that's my fault. I can be mad at the market for rising values but what is that going to do for me? You think they're going to lower the prices because I'm angry, when people are happily buying homes for 500k? No.If this rate continues, it will be over 100fg per 1M before Summer.
Again; as I said before, prices do not follow a logarithmic or linear curve. If so; we would have people dumping in real life money into the game because if I was guaranteed X amount of return off my investment it would be a safe investment, depending on the returns.80:1 ratio is, in my opinion, a price already OP. But people are pushing for more and I'm curious as to why.
See what you wrote below, the demand is there. Whether supply is unlimited or not, the demand is there. If you are purchasing a phone or internet plan, there is no cost difference to the company in offering more bandwidth or data, however they will charge you for more. 80:1 ratio, in your opinion is overpriced, but as you just said, that's your opinion. Everyone is entitled to their opinion but people can price their goods at whatever they want. I can price my gold at 1:100 and you can tell me I'm insane, but that's MY valuation. Whether I sell or not is MY RISK. The Demand is There, without a doubt but the Supply is Unlimited. There will Always be somebody here with over 100M and selling it so there is no excuse to ever bring up Supply affecting the price per 1m.
Supply is not unlimited. There is a limited amount of RSGP in the game, albeit trillions, but that's not unlimited. Yes there will always be someone with some gold for sale, however that means they're invested and taking a risk. Gold could take a nosedive, similar to RS3 values, and that player lost a large value on his investment. Supply is 50% of what affects the price; demand being the other 50%with that said,
Am I the only person who feels this way about this?
No you're not because there was a thread posted a few days ago about this.What are your thoughts?
I understand your frustrations but you're uninformed about OSRS gp valuation in comparison to D2((( Oh and I am selling my Diablo 2 Gear in order to Buy Osrs Gp and that is exactly why I'm concerned about this ))
A great D2 character can be made within a few weeks, or under a month of playing. A great RS character will take months, if not years. This is why D2 holds a lesser value intrinsically.
See my bolded responses within the quote to each of your points.
Quote (criticalminds7 @ Feb 9 2019 05:20pm)
So you are referencing players who play Runescape specifically to Pk as well as the alternative method of obtaining membership here if I am not mistaken. ( if I am, could you please expand on that for me )
You are mistaken. He is not referencing people PK-ing. His death payment point which you misunderstood is that in this game, you lose money when you die. Similar to D2 however gold on D2 holds no real value as it's used to repair equipment only. If you die on RS you pay to repair certain items that broke (like diablo), you lose your inventory (which could include lots of potions or items that hold a high value; imagine losing all your charms when you die in D2 and need to get them again), or even in some methods or events, there is a flat rate you must pay when you die.
If people Skill in Osrs like me, then money will eventually not be a problem. ( I understand the contradiction I just made) as a ( buyer here ) & as a Skiller & occasional Pker there are more than enough methods to make good money in decent time. Zammy Wine is 50k an inventory usually.
If money is not a problem then why do you need to buy it, or why are you complaining about the valuation of the gold?
Slaying Green Dragon Bot slaying can run you about 50-75k per inventory if you only range or melee and keep only teleport runes & food in your inventory. ( assuming that you drop your food to pick up Dragon Bones which are about 2k each in the ge)
I understand there is the risk of being pked but if you are smart that won't ever be a problem, you can log and hop worlds no problem and always make the trip to the bank.
Plus, Flax is 3gp each, Bow strings are 125-130 gp ea. That's also quite profitable, I do that myself currently.
That's manual labor, which always will have a valuation. There is a LOT of flax in the game, but not a lot of bowstrings, and bowstrings hold a high value because they are used for efficient fletching training methods. Flax is not an efficient crafting training method
And You also mentioned getting high runes daily as if they drop daily, which isn't true and you brought up botters.
Can we exclude botters or is the excluding botters obsolete because of the fact that they indisputably do impact the marketplace?
No because they have a significant impact on the market
I have a lvl 91 Lite Sorc with 550 Mf exactly and I frequent private games every single day and sometimes public hunting for good drops and in a single day I might get 3-4 profitable drops and High Rune Drop rates are unaffected by MF so where do you get a High Rune Dropping on a Daily basis from? If that's happening, then I want to know Your Secret because a High Rune ( Jah, Zod, Cham, Ber, Vex ect.. ) Everything Higher than an Ist but Not counting an Ist Rune only drops for me like once a week.
Exactly, you can see 3-4 profitable drops in a single day. Some items in this game take MONTHS to get. Elysian sigil, Twisted Bow, Scythe of Vitur, etc all take MONTHS to get as a solo player unless you get VERY lucky.
Anyway back to Bonds, yeah that's 3m for 14 days. If you can't make 3m with 14 days of membership than you don't know how to play runescape at all i guess.
Bond valuation is tied with real life money because they're only introduced into the game by people spending real life money.
(I'm a vetearn d2 & osrs player ) I'm just trying to sustain membership which is why i buy osrs gp here
If gold is easy to come by, then you will not struggle to sustain membership. Quite honestly your best value is to pay real life money for a membership.