The Grand Exchange has RUINED the RuneScape economy. Don't get me wrong, it was a great idea, but with one little hitch: People want to get money for their items right away, right? So if the object they're trying to sell won't sell, they just set it to minimum price with that handy dandy tool. Nobody ever sells anything higher than market price, because then nobody would buy it. People just find it easier to leave it on the default price, or lower it to the minimum. There are people standing in the GE area shouting, "Item for sale minimum price in exchange!" and that's a good way to sell it. Nobody ever sells for higher than the market price. So the prices immediately take a drastic fall.

Let me give an example: D skirts are down to 200k. I just took a trip down to world 18, edgeville to check out what people were selling for and guess what I saw? Super sets are being sold for 7k each. Prayer pots are being sold for 6k. Ranarrs for 5k each. Pure sets? 4-5k. The list goes on and on. I had 350 ranarrs in my bank, 1000 empty vials, 400 snape grass, and 500 prayer potions. I had been planning to sell those potions for 8-8.5k each. Now I have to sell them for 6k each - and dropping.

This is DESTROYING the economy. Do I buy up everything cheap, and hope Jagex fixes it somehow? Or sell everything I have while there's still a bit of sanity?

This message was edited by Redalert501 on Nov 29 2007.

I'd make ASAP and sell as fat as you can.

Btw, are chains really 200k?

i spent like over 800k on

rune g helm which i gave 2 a random person

rune g kite which i gave 2 a friends.

full rune t for like 700k.

green t chaps

cause most of u know i quit..

i just bought items and gave them 2 random people it was fun..

i might do it 2day for fun again...

You obviously have a misconstrued vision of economy. Prices used to be inflated, simply because people couldn't sell their raw materials quick enough, and so they sold to merchanters, who jacked the price up. The only thing the GE does is combat inflation, and inflation, btw, is what is killing the economy.

King Arthur's right, merchenters inflated prices, this is all normal in the economy.

Your going to see the prices drop for a while, but the economy always recesses and inflates, its part of a natural cycle, or wave if you want to see it that way.

Soon the prices will hit normal, but will start inflating, in the future you'll see.

I personally like it, it makes buying raw materials very quick and easy.

quote Master_Xxxx

I'd make ASAP and sell as fat as you can.

Btw, are chains really 200k?

Sorry, meant skirts. My dad was making me get off the computer so I had to type fast.

i agree because of the prices fletchers think they can get a better sale in the exchange and fletch some more. looks like im stuck with 79 magic

I have to agree, but some of this is good. Santas came up a little from the 19m they were a week ago. But i hate that red chins are dropping. I sold 3k the day before the exchange came out for 750ea. I tried to sell some and they wouldn't sell for anything over 650ea

Hopefully the prices will become stable after some time.

Learn the law of supply and demand =)

People didn't want to waste time selling their items so the supply of items dropped, jacking up prices. Prices were at an artificial high. Now people can trade easier which puts the prices closer to equilibrium.

Skirts are 200K??!!
then i know what i'm getting with my torso!

Sanity in runescape is entirely impossible. You die and respawn in some hick town, lost in a city coated with semen or you find yourself in Monty *bleep*ing Python searching for the holy grail.

quote ninmecu

Sanity in runescape is entirely impossible. You die and respawn in some hick town, lost in a city coated with semen or you find yourself in Monty *bleep*ing Python searching for the holy grail.

LOL. agreed.