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 runescape econemy! [must read]

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the99santa



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Join date : 2010-07-02

PostSubject: runescape econemy! [must read]   Mon Jul 05, 2010 6:41 pm

Ok I am getting tierd of when people insist on always telling other people to sell some items on max or med for price not to crash.

Well I have something to tell those people the truth about the runescape grand exchange econemy.

Tthe grand exchange econemy is based on stock and demand. not what high you sell the item at.

Lets look at one thing
the climping boots.
When the update that left the climping boots 75k all of the people who are trying to sell them are filling the stock of the grand exchange with an item that there is no demand after.

So the day after the 75k boot update they instantly started to crash. Badly! That is because of all of those boots were in the grand exchange and not selling, so to make them sell more, or to make more demand after them, the grand exchange database started to lower the price of the boots.

This is the reson how so many merchanters make a lot of money, simply from picking an item with a stable demand and buying the stock of the grand exchange, so that the grand exchange databade makes the price of that item higher so that people will start selling that item again and then the merchanters will sell or "dump" That item and make alot of cash and then it will slowly go back to its original price and demand.

So the grand exchange econemy is controled by stock and demand not by the prices.

Thank you for reading, leave a comment to tell me how you feel I hope this helped alot of people to figure out the econemy of runescapes Grand Exchange

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Jc k0ed
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Join date : 2010-07-03

PostSubject: Re: runescape econemy! [must read]   Mon Jul 05, 2010 6:53 pm

Good Information about Runescape, nice for players that didn't know this.
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Teapot
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Join date : 2010-06-23
Age : 23

PostSubject: Re: runescape econemy! [must read]   Mon Jul 05, 2010 7:06 pm

Yes i merch on rs:P
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Jc k0ed
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PostSubject: Re: runescape econemy! [must read]   Mon Jul 05, 2010 8:34 pm

Lol = P
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Santa Pure

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Join date : 2010-07-09
Age : 21
Location : San Diego

PostSubject: Re: runescape econemy! [must read]   Fri Jul 09, 2010 11:31 pm

I merchant on Rs as well and climbing boots price went up because of its stats idiot... Read RS forum
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