The Oldschool Runescape Economy is Being Manipulated!
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- Опубликовано: 5 авг 2024
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This month something really strange has been happening to oldschool runescape's most expensive items. 3rd age items have out of nowhere exploded in value, some going up 2 or 3 times in value. In a single week an item went up over 1.5b which is unheard of.
What is going on in the osrs market this month, and is the 3rd age market being manipulated? I am going to be discussing that and more in today's market analysis.
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I like how this isn't game breaking to jagex, but afk mining at Duke is.
Where is flipping to Max set videos
I see FlippingOS has been enjoying some Dark and Darker lol
of course, duh. that's how runescapes worked since before the ge. what are they gunna skill for profit. lol!
I love how the mole slippers increasing in price is cuz King Condor keeps telling his community to buy them every week so they can all get rich. It's obviously a rip on finance bros but it's really funny to see that actual legit effect it's having.
Yep I made 30m haha! It's legit as long as you don't get dumped on
Lmao
Is that a violation of rs ToS
@@lukeknight8188yeah mole slippers are a violation to the rules for being so swag
I been wanting to buy a pair cus of him but never noticed they were actually going up 😂
I got Mole Slippers from a Beginner clue months ago. Had no idea they were being manipulated but randomly checked the price and saw it was increasing, sold them for 1.2m a few days ago 👍🏼
judging by bond prices, its clear that inflation in osrs is getting out of hand with the amount of gp in the game, especially for end game players
One million OSRS GP ~ one dollar.
@@f2pscaper4lyfe93no..
@@f2pscaper4lyfe939million for 2.78cents now 😂
20 cents
@@f2pscaper4lyfe93
I think the answer for volume pre/post tax on twisted bow is because people stopped "renting" tbows. Prior to GE tax it was common to just buy an item, use it for the day, sell the item, repeat. As a way to use the item for the content it's good at, then liquidate and use the GP elsewhere when you aren't doing that content. After the tax was added it was no longer reasonable to keep trading in and out of items so people just shifted to holding the item and not selling it
I consider it very worth it for low-mid level players with a low bank value to frequently liquidate, it's much better to lose 500k-1m turning your only bandos tassets into some karils and a trident for your kraken task than it is to have that money sitting in items or G.E slots for an 30m to an hour since you'd make a good deal of it back if you were slaying instead. Time is the single most valuable comodity a human can value because it has the potential to be anything, money can never become anything tangible, it can only be exchanged for things that are in very select and almost always rigged circumstances.
If you think about it, forcing items over max cash is a really simple merching strategy. It pushes trades off the GE onto forums and Discords where you can charge what you want and sell without worrying about the price decreasing. I wonder if something like that is going on.
How would you not have to worry about decreasing price?
If the price of an item is significantly artificially inflated people are going to go and hunt for it.
@@DanielHatchmanit's called cornering the market you buy up all of them so you control the price pretty simple if you actually know what ur talking about 😂
@@julianrogers8608 yeah and how do you make money out of that? Because to me it sounds like you have offered a high price to get a lot of these items and if you want to return the value to cash you can't because you'll tank the market. So as long as you want to keep buying forever you are theoretically maintai all the value but as soon as you stop buying that value is gone because you were the one putting it there.
Like if I constantly offered you 100 bucks for a piece of paper, I can claim all my paper is worth 100 bucks a sheet and point look, all these pieces of paper have sold at 100 bucks a sheet. Only problem is once you want to sell, you aren't buying at the inflated price anymore so you have to sell at the real intersection of the supply demand curve at 25c a sheet.
Because the volume of tbows and what not is so low it's possible you can hype up some osrs investors and sell ot at the inflated price. But no der it's better to buy a bunch then try and get the price artificially inflated buy getting others to buy.
Seems like the people who were previously manipping prices on RS3 had to move to osrs to manip since we got above max cash trading on GE and manipping prices is alot harder now; prices of most high value items dropped tremendously since that change.
That's what I was thinking. Glad it's out of RS3 but this is just sad. At least they aren't discontinued rares I guess.
This is what I was thinking. Probably combined with the massive outflow of players from RS3 > OSRS with recent events.
@@Pipsispiteyeah this makes sense i know a lot of people switching over rn and plenty of them are rich enough to swap and afford stuff like this.
100% with that limited interger change, created a big spike. necromancy, gold swapping, all at the right time. And coupled wit the 3rd age axe receiving a new update where it will depleted the one handed axe for the two handed, it's only going to create more rarity for an already heavily merched item now that is scarce. I think at the rate the axe is going before the phase 2 is even out, we're looking at a potential 4b item by christmas.
Wait how can u buy something in GE that cost more than the max cash stash?
Always love your vids! Great perspective and interesting insights. Thanks for making them!
Bought a 3rd age bow before your last video came out and sold it after your video. I think you’re the reason
I’m sure there is some manipulation going on but once you have maxed gear there really isn’t anything else to spend money I have every pvm item so now I spend my money on 3rd age and it’s the same for plenty of other people
You still need about ~8b to get max gear on top of whatever rares you want to buy afterwards. And as for the sudden increase it definitely is being manipulated.
Can i have a couple of mil's fam
You can spend it in my bank
@@AlmostGotSomeyou just sold it to the ones manipulating it lol. Congrats you made free money by buying at the right time.
Willing to dance for money 😂
used to watch u wayyyy back in the day, when you started using the green thumbnails lol. commented on every video for a time. grats on the career, crazy
That was a smooooooooth transition into that Ad… holy shit! I didn’t see it coming until I was 20s in haha
Would love to see your take on the Crystal Tool Seed and Elven Signet respectively. The Signets his over 5m!
In your next market analysis video, can you take a look at chinchomas? Maybe also do a bot/farm index deep dive. The number of botted items coming into the game is at an all time high.
I think there's a lot of gold swapping going on atm between both osrs and rs3 games. I also think with the current merchers in rs3 they've started getting way more involved with the very rare third age items of osrs. And as you've covered these prices are being manipulated on the forums and through discord meet sales so they aren't in the ge. The price is so out of whack on the third age axe it was last listed a few days ago still in ge as 1.7b. No one in their right mind is selling it anymore through the GE (mainly merchers anyway) and there's not enough in game to be going around these days. As for the robes I haven't really noticed but it's funny it's all third age items.
I think the third age axe is going to sky rocket soon once those 2handers come out because it is going to deplete the one handed axes in to the 2 becoming irreversible. I could potentially see the thrid age axes becoming the hot ticket item with the pickaxe price.
What site are you using for graphs in video?
No word of a lie, I pulled a 3rs Age Druidic staff on my GIM and dropped it to my main, last night I sold it for 1.13b.
I was absolutely floored.
When I pulled it about a month ago from the Master Casket it was only worth 330m
Damn I done that and got banned for rwt lmao dropping it from my gim to my main main is fine gim perm ban
@@Dmon_Th2thats not rwt though is it so god knows how youve done that or if its even true
Commenting to support the channel sir
3rd age jumped due to the dupe on DMM. The guy said he purchased 3rd age so if he got banned and recovered. His items would bring more value than cash.
He's not banned bit he bought a lot of 3rd age.
grats on the rocket money ad
Did you stop making the flipping to max set series? I cant find an episode after number 26. Why did you stop if you did?
This is great, because I bought a pair of mole slippers for 400k a few weeks ago on a whim to wear in Windertodt before I could get pyromancers robes.
Dupe money being invested into 3rd age market.
Yea theres a guy that made 76 billion with dmm dupe. No doubt theyre manipulating the market
What's the dupe?
You think anybody would tell you xdddddd @@baconator678
@@XhunterDragon96 it wasn’t a dupe. He swapped that dmm for osrs
I would think its the bot farmers investing their botted gp into these items to make muling the money easier and harder to detect.
Was just talking about this with some clanmates last night too.
I thought that everyone knew about the dupes/cheats that were being done in DMM, where you could use the points in the real game...? They essentially duped billions and billions, used those to buy up all the 3rd age items and distribute them across a lot of accounts. If one account gets banned with it, it only drives up the price of all the other accounts that still have the item. Jagex asleep on the job - huge scandal being swept under the rug.
WOAH WOAH WOAH THIS IS CRAZY out here.
I could imagine real life people using OSRS to hide their dirty money uh.
Whereas would the best place to dirty money - OSRS
Someone finally realized you could really just buy out the entire market of these items, there's not that many of them in the game. I just did some math with an included reddit post mentioning how there might only be 46m hard clues completed. And with that you could estimate how "rare" these items actually are.
Where is your post on reddit
“wow it sure is weird that all these expensive items are going up”
my brother in Saradomin, YOU made the video about expensive items!
King Condor
Yes it is and has been for sometime there needs to be a cap limit on extremely rare items throughout set a limit of 5 of each item max because no one needs 26 twisted bows unless you are actively manipulating the market out of greed
At the announcement of DMM and Leagues. i sold all my expensive stuff and bought rare items… caus i dont have that much time to play and i will not sell them till after leagues. I think there are a lot of people who did it. 😊
Bonds are that expensive because of dmm and leagues.
Any updates on the Flipping to Max gear series?
This is it im calling it - This is the month that 3rd age pieces in osrs become the blue partyhats of rs3
Hypothetically speaking the tbow could see a slight dip when they bring in Cox QOL changes and a few more start coming into the game while the hype is there. Also being able to choose the layout will make it easier to bot which speaks for itself....
Tbow is bis for cox, so it will likely go up at first.
@@janitorizamped that's very true I guess it just depends how popular it gets after the update and how many more bows come into the game down the road
rip flip to max set
Still waiting for the next episode....but honestly been like half a year since so i think he gave up, especially now with all the prices sky rocket i hardly blame him for it
@@staryskies i just hope hes just saving a lot of content as a nice suprise
@@Applecitylightkiwi sorry,but im pretty sure he said somewhere that he is burned out from it or something
I got so spooned at whisperer so far. 312 kc 2 rings and virtus robe top
wish you were on the flipping to max series still haha
There's nothing like watching FlippingOldschool while eating some pretzel dogs
What’s going on with the shoulder parrots? Are those shooting up because they match the hunter pet coming out?
Im so happy i bought the 3a axe when it was 1.8
damn i remember cheked 2 month ago or so and the 3rd age bo was 600m and i was talking to my clan chat to buy it cuz it was gonna go up never tough it will be this much , they all missed on it
and i had not enough orsr money too :/
bludgeon and the brimstone ring both drop in parts, the only difference is you don't see these drops with the dt2 rings
I would prefer it with the dt2 bosses if they instead used your killcount as a modifier on the drop chance of dt2 ring pieces, I think this would have been a better approach than just hitting the drop mutliple times because the 3 drops just exacerbates the cases where people go super dry or get mega spooned without really making the middle-ground any more consistent a grind than just going for any regular random drop.
I just switched from rs3 to osrs. Osrs should also update their system to allow to traden over max cash. People just use the max cash limit to obfuscate the real item price to manipulate the price on the street
kinda pissed that i sold my venator ring and virtus top when they were both half the price of what they are now lol
I've been into merchanting pretty much since RS came out, and I can only see 3rd age items being worth max cash, or more (for the rarest ones, i'm not talking about melee/range/mage sets, but weapons and tools). The reason is simple, you need a lifetime to maybe get a weapon/tool from elites or masters. Meanwhile, an obscene amount of cash comes into the game on a daily basis, and people need to invest it as flat money devalues over time, so they'll invest it all into rares.
The only reason third age isn't worth max cash in rs3 is that you can complete hundreds of clues per day. There are videos of people opening 50,000 elites at once here on youtube.
Yh but rs3 is fake runescape so the drops are irrelevant 😂
The supply of 3rd age items slowly increase where as the RS3 holiday rares never increase and only go down as players quit the game. There is a huge difference between the two. I agree that they will stay expensive but they will fluctuate like they always have
Jagex has saved up all the GE tax and maxed out the 3rd age economy
I bought a third age axe and Druidic robe top two weeks ago cause I wanted to put my gp in something rather than have it sit .
It was Wayde Green during RuneNews
doesn't everyone pour their GP into rare items before leagues? could have sworn you said that in a video last time there was a leagues thing...
Good job Ryan Ryan!
Rhian Ryan
Man king condor is a genius
Dude I've been sitting on 100k rations since forestry came out, glad I dumped them into the GE on Monday for 300gp each.
trader steve last minite participation on the end was unexpected
that guy who said the manipulators from rs3 had to move to osrs because they increased the max cash limit for sales on the ge are 100% correct, they can now charge whatever they want for items on forums/discord. Its about as clear as price manipulation gets.
Good to know my 2k stamina potions have trippled in value since I took my brake from the game.
Falling asleep and hearing "thank you to Alejandra and Kush Patel" is the saddest thing because it means the video is over :(
Actually what's much sadder is that nothing lasts forever and one day you might hear one of those names without the other and it is unlikely we would ever know the reason why. May your days be real and your dreams sweet fren.
Rations already have a use, they give run energy when chopping trees
@flippingOldschool its not only the 3rd age pickaxe - most 3rd age items are rising like crazy
Dude from dmm that was cashing out on the emblems then selling it back to the lms shops transferred over more than 70b from dmm he’s buying up all the 3rd age
It's not enough to have an impact as high as we see it. A single third age item can require at least 50b depending on the item to buy out.
@@-lolIt wasn’t just one person that did this.
I mean me and the other players have been trying to make fletching more profitable for lower levels by driving up pirces and making them dip selectivly. But whats a few dozen thousand coins to a lv 60+ you can easlily wintertodt that in half an hour. Easily
Bets on tbow rising or falling?
I've got a 3rd age druidic robetop on my ironman. Cool to watch the value go up but it's useless to me lol
Ring mechanic never seen before... Except for hydra
Taking things off the GE and on to the forums gets rid of the tax too
Low supply and previously low demand. With pvm pumping gold into top players banks as well as pvm gear inflation most players don’t have much to invest in.
I had a third age cloak just one month ago and sold it
Im sad
Someone gave me mole slippers at the GE when I hit 99 magic about a month n half ago. Haha surprised they've gone up
Flipping to max set needs to come back!!!
It's because buying gold is the cheapest its ever been. You can buy 1m for $0.15 now to lots of people are buying and 3td age is the only thing that won't get diluted. I'm holding forever. It's just going to get worse until they fix the bot problem.
you did a video that was most expensive video for every year and it just ended up being 3rd age basically every time. i thought that video was going to be most expensive item released in X year with the item that was most expensive at the time and what item is the most expensive in 2023, that could be an interesting video
100%, not by the few, its just what happens in a free market
third age kite says it sold for iike 400-500m yesterday... the robes like 400-500m, insane
im wondering if its relating to a dupe or something and the person duping is buying all third age?? it would make sense if they can buy them for max cash each to do that if they are duping hella gold
I mean yeah, anytime there’s money involved there’s gonna be some stuff going on behind the scenes
Really though what's going on with dragon picaxes? Will it be just another dragon item headed to under 100k? I find it shitty you get a megarare broken dragon pickaxe and you can only high alch it because it's 2.5m to fix it. Lol
the entire market is up... my bank gained almost 200, over the last weeks...
King condor is encouraging the sale.
King called it
It always is.
Got a sceptre 1.5 hours after the update and sold it for 750k
Is Rocket Money owned by Rocket Mortgage? I work in real estate so the name seemed vaguely familiar
I got 3rd age cloak from a mimic almost a year ago when it was around 150m. I told myself to never sell it since it was my first and probably only 3rd age item ever I get. But I’m glad I managed to sell it for 820m when it suddenly skyrocket.
Yeah i was so lucky!! But approx 400m is not too bad either. I mean looking through comments some people sold their cloak for like 150m
The current price of GP is down from an average of 22 to 27 to $0.19 per million and it happened almost simultaneously with dmm.
Suspected dupe with game-mode and the swamps as cover
In dont know about a dupe but for sure a lot of ppls got rich from swapping... There was a way to make 500m to 1b from every breach with halos
There was a dupe, one guy swapped from dmm for ~76b
@@SK_Wizzardwith halos? From the emblem trader store? What?
mole slippers are due to an aussies keep it up buds
Bonds aren’t worth buying at 10M… it’s far cheaper to actually buy membership via real money ..
Yo I noticed 2 days ago there were 2000 people on on world 390 with the grand exchange being pretty much empty. All the other Aussie worlds had around 350 players.
I reckon someone's trying to dupe stuff.
Thing is, 390s a members world so that's like $12000 worth of bonds...
I got mole slippers a week ago on my 5th beginner reward. sold them for 700k because I didn't have the right information. rip.
i flipped warped sceptre day 1 got 3-4m profit
You forgot about the 3rd age cloak
lol the outro was from the series
Tbow was cheap cuz that’s when they got rid of staking and everyone was low at that point, not just the tbow
Look into how fine art is kept at sky high prices for an answer to how this is happening. Someone can trade to themselves (a different account) for very high prices at a slight loss (taxes) for the sake of tricking everyone who looks at the stocks into thinking they are actually worth that much (when it’s actually just one person trading to himself over and over until others start faking for it)
I'm pretty sure in the real world that's actually illegal.
@@sttthr what’s your point given the fact that it still happens?
This is a method of tax evasion through laundering of charitable fund transactions under false pretense.
With this in mind I feel like morally speaking we should look at our marketing game the same way. Sure there's no terms of service in regards to the Grand Exchange but there is ethics. Buying low and selling high as one thing but making a maxcash item through forcing a very small market is monopolizing and that's plain wrongggg. (no one likes playing monopoly as proof. Lol)
This is why I quit when G.E passed a poll and came back for ironman. Prior to that I considered myself a "slayer" I would go do slayer tasks to get rare drops not for their high price but because of their value. What I got out of it wasn't the gp, it was the feeling I got when I got to talk to the people I was selling their 1st ever whip to, getting to see what their character and stats looked like, briefly exchanging our account goals with each-other before going our separate ways. That kind of gameplay was extremely valuable to me.
@@thefatpakyak2826 Why do you think that they need a point? Not everybody is interested in penetrating everything.
Unironically the best osrs money maker is a part time job to buy bonds now. Minimum wage is like 15m/hr
As long as people have 10+ ACC's the g.e is going to be manipulated there is discords with soul purpose of buying things in bulk and forcing prices up
LMFAO this is market manipulation at best
Oh come on, give @KingCondor his shoutout. He’s more than earned it.
This should happen with dragonstone boots.... next to none in the game and expensive to get.
First 17seconds feels right😅 onto the rest!
2:58 NOSTALGIA
3:35 I called it! 😅
3:58 agreed and I wanna play again
yes is the answer
edit: also why i just pay for member, earning a f2p bond isnt fair anymore, same on rs3 it sucks, cant make any money thats WORTH youlr tome
I'm suuuure the fact that Jagex is being sold has noooothing to do with that.
@7:17 *mil not bil you said mole slippers were 1.1 bil
hi hi long time fan
the 10m bond is here
13:35 Spoilers!