If you are not an Ironman I am disappointed

it's sad but I do the same, with the amount of pkers and lurers out there I just was turned off. From the amount of things I heard happened to people I learnt not to interact with strangers beyond chatting

Lmao

I avoid scams by being an ironman. We aren't the same kid.

@@ark2819 imagine commenting 6 days late on a KZfaq video, all to flex on the fact that you died on your hcim

That's a Jagex special.

In my opinion you are right just maybe make a 2 minute hold on offers that are egregiously below the real price.

Then how would it work for items that always have offers in? I could ruin the item sink by leaving in a 1GP offer for all important items.

This is true. But what is your remedy to the situation? People always so ready to point the finger at Gagex and don’t have an idea of their own.

This. If an offer is to instantly go through, jagex should buy it for the same price it would've gone for(i.e. highest buyer) The item sink should never take precedence over current ge offers, even if it means that they will be spending more out of their virtual coffer. I often times put an item for sale at a price lower than I would realistically be okay with selling it, but I can do that because I'm confident that there's NO WAY no offer exists for that item.

RS3 does this for expensive items. It's probably on the list of things to do

Get rich quick schemes will always exist Jagex can't be responsible for shutting every door

@@greenbean4422 Except this is a door they themselves opened. It would not have sold for 300 without the system in place. It would have gone to the highest buy offer. Instead the game saw : 1- I need to buy item, 2- the offer is less then my current virtual bank, 3- insta buy that item for asked price. Overwriting the best buy offer.

@@jawstrock2215 bruh I just went into it with another guy Idk how to explain this to you guys, but there is no better system. Literally think for more than 10 seconds about the problems your ideas create rather than the solutions they solve. Often when you change things you end up creating more problems than when you originally started, and this is no different. Lowest bid offer is the SAFEST AND BEST WAY Jagex could have coded this. You guys are ONLY thinking of the guy in the video who lost his mace and not any other scenario that could happen, and unless you do your thinking is *DANGEROUS*

@@greenbean4422 literally what problems would be created by a confirmation window

Is that not more time consuming and dangerous with your GP then just making a handful of G.E. alts to make those purchases for you? You don't have to spend time finding someone to buy for you, you don't have to trust them with the items/gp. It just seems the smart way to do it.

I had done this twice and it payed off. I told how much and told current price. I bought it told total cost of it and got little extra for doing it.

yeah i run into it pretty often buying blood runes and people usually help me out and i tip a little bit

@@jamesmontgomery3818 Main difference is, with common item, the person might just have it sitting in his bank anyway(So it's like an unlisted sell order). While obscure items, people wouldn't normally hold those in large quantity. The tax is also saved.

@@jawstrock2215 I get that, but I don't bring those items people have in their banks into the equation because my response is tailored to stopping the scam. Which requires the player spend their own money getting the items. IF the players already have the items, it's just a straight trade of items for GP without risking your own GP. Which I don't think comes into the stopping the scam conversation at all.

Wtf???

Almost like Eve online has had that feature forever.

Was waiting for this comment, easy fix

Mid game on point

Game is ran by such levels of incompetence its nothing but a miracle we've made it this far.

And where are the crackdown police raids on bot farm owners we were promised?

That's not a scam that's a finesse, a hustle. There's a line.

@@joeh858 No. it's a scam. A legitimate hustle would say their offer price ahead of time, not after. It preys on the fact that most people in their position will pay market price and sometimes higher, so that's what the people trying to help will assume.

@@maskettaman1488 Would it be a scam if the person advertising is actually the one selling the item in the GE, lol. I guess everything is a scam if you don't take self accountability

@@joeh858 Now you're discussing one of the scams from the video. The difference is that what you describe requires the item to be something obscure or low volume that the scammer can corner the market on

True its as old as time, im grateful for RS to have taught me a bit of how stocks and merching works. So i stay tbe hell away IRL

for me it's the other way around, i've seen it in rs and have fallen for it in rs, now when i see it in the real world i recognise it like with gamestop and cryptos.

Tbh I only do it if it's a item like feathers, or other relevent skilling items that people can legitimately hit the limit on since I frequently done it when I was skilling.

@@HiddenAnimeHOTD yeah, people do it a lot with alchables too

Alchables bones and fletching stuff

only worth 60k now

You play runescape?

I remember the first time I got full Dharoks. didn't know what the abyss was and went in and had no tele, died and lost it all.

Noobs

Oh hey, it's you! Crazy how the creators we follow all watch each other, I love it.

Easiest solution is to make the system buy at the highest offer price or lowest selling price that isn't autocompleted. This shouldn't be able to be abused because it'll only buy if it has the money in the "pile" for that item and you shouldn't be able to know that

They did not though, the system superseded the higher buy offer to fulfill the quota of the delete list.

Surprise adding regulation to economic systems results in disaster. Let's just delete OSRS and start over again from 2007 patch. This time don't add GE.

Just don't be a room temperature (Celsius) iq smooth brain

I downvote everything related to rs3, no matter how much sense it makes

@@PurpleOkayTurtle why? Have you ever played it?

@@youtubeSuckssNow No. My whole life revolves around being a contrarian. GIGACHAD

How does this scam work exactly?

@@Aldragon one way I've seen them do it is they put up Plat coins for a lesser amount

@@Aldragon Think hes talking about the "Buying twisted bow 1.2b" kind of scam. IE; he overpays like 200m

@@rickardsvensson7097 Right, so how does that work as a scam? I've never traded one to find out what they do.

could also do in-game shop price (selling or maybe even buying)

I don't trust you inherently. Thanks Jagex.

What a bargain

Don't. He's the fool - you're the smart player. Don't feel guilty for participating in the open market and succeeding.

And you probably had a lot that did not need to buy off the GE at all, and just had those item on hand/bank in the first place.

I mean escape From Tarkov did this and people still don't pay attention and complain... we don't need to idiot proof everything, just take the extra second to confirm the price.

Feathers are a commodity and are in constant demand by fletchers and fishermen alike. But they also have an easy stock so it's pretty pointless to try and inflate the market with them.

Rs3’s economy is such that many items don’t even sell for minus 30-50% though… Osrs is very different in that sense.

I agree at way they are honest and you buy it at price they want it for.

you say it like hunter is a new skill

@@Audikontroller1 no i'm saying it like a hunter guide would be awesome for him to make I feel it has so many options.

No. Ideally that's not what we want You want the least amount of gp being introduced to the game in exchange for deleting said item, and the lower that gp is the better Jagex should *always* be paying the lowest bid because that way less gp is introduced into the game in exchange for the item.

@@greenbean4422 If I understand correctly; all the gold for these purchases comes out of the GE tax; the GE is still a net gold sink and would be with my suggestion. I’m already letting Jagex cross the spread for free, saying they got highest bid instead of lowest offer even though they also have access to market data that the players don’t. Anything less is unfair to anyone who does not know the actual sale price of these items, which is ~everyone using the official client who doesn’t do tons of extra research, because the guide price is never reliable.

@@danielrhouck can you think with your brain for two seconds before opening your mouth? You realize that with your system people would be placing their items on the market for 2147M and the "gold sink system" would instantly buy it, because it's the highest bid. This would literally introduce billions of gp into the game and hyperinflate the markets as well as effectively destroying the gold sink that the grand exchange was created to make. You dont understand a single thing about the grand exchange If you think your suggestion was good.

@@greenbean4422 I’m sorry; I used some jargon from IRL markets which isn’t common in-game. I *think* that all I need to say is “bid” means only the price someone is willing to buy at, and “highest bid” implicitly means “highest standing bid, not anything that insta-buys”; the term “offer” is for selling, symmetrically. I wrote a lot more going into more detail just in case; you probably know the GE mechanics but it seemed like a good idea to have a full explanation. In general, across systems (including how IRL markets work, how the GE works, etc.), there’s a book of standing, unfulfilled orders. The term “highest bid” is the highest standing buy price, and “lowest offer” is the lowest standing sale price; the terms are one-sided, and only about orders that don’t get fulfilled instantly. This means the highest bid is always lower than the lowest offer. If you put a sell order in for max cash, that’s the highest offer, not the highest bid. Nobody cares about the highest offer, for exactly that reason. Similarly for if you put a buy order for 1 gp. Without the new system, if you put a sell order for 1 gp, you are matched with the highest bid price, and the offer trades instantly for the highest bid (unless there is literally nobody buying at any price); this is why you can get more than you sell for. Here, 1 gp never becomes the “lowest offer” because it was matched instantly and never entered into the order book. If you put a buy order for max cash, you are matched with the lowest offer likewise if there are any sellers at all, and it is never the highest bid if that happens. TL;DR: I’m still giving Jagex a better deal than any player gets, both because they see the full orderbook or at least the BBO (best bid/offer), and for queue-jumping reasons I didn’t get into here.

@@danielrhouck You still haven't explained why it's best for Jagex to be paying the highest bid (not highest sell offer) It makes 0 sense to me - there's 0 extra benefit toward paying the highest bid than there is paying for the lowest sell offer, and in terms of coding I don't see how your idea is even possible. You would literally have to linkup a database full of bid offers- of which could easily be manipulated by players who understand the system. The very reason why your idea will never be implemented is because it can be taken advantage of. The reason why "highest" anything isn't going to enter the code is because the highest bid can change at any moment, and that change could happen ON PURPOSE. Merching clans exist whether you want them to or not, and if they understand that the highest bid is what will manipulate the gold sink then they will simply trade these items amongst one another until they trigger the gold sink in their favor. It does not take a large imagination to reverse engineer any kind of imaginative coding you can think of to implement what you think is "best for the market" because you really have to consider not just what's best for the market in theory, but what's best for the market with the notion that BAD ACTORS EXIST. lowest sell offer is the only way I see this being unexploitable and still good for the market. A gold sink *will always* benefit the market. If one player got careless and put his inquisitor's mace in for 300gp? Fuck that idiot - it benefits me to see his mace get vaporized and so I will be happy to see it go! BUH BYE! Be a responsible actor in the market and you won't be taken advantage of.

The warning isn't in the game BECAUSE of the sink system. Jagex doesn't care if you lose your item for 100gp - they PREFER it.

Nah I make millions a day flipping

No because margins are larger now.

flip those pvm skills cause with 80m you're not making shit

You can literally just remove the item and replace it within seconds Yeah it isn't real-time, but it's there. If this were a feature in the game people would literally always put their item at the highest offer and just hit the down arrow on price until their item sells lmao

It’s a friend chat for buying/selling rune items.

@@BMA_DuckIsLate I'm buying iron 2h's😂 not rune