Talk:Grand Exchange/Archive 3
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- 1 Sales to yourself are not calculated in the overall volume and price.
- 2 The Death of Merchanting
- 3 Before the Grand Exchange
- 4 Criminal activity
- 5 where to add and needs improvement
- 6 Weekly trade limits
- 7 Recent changes to seeds' and bones' buying limits
- 8 Buying items for max price buys item at which price?
- 9 Anybody know what's going on?
- 10 Buying Limit for Spirit Shields?
- 11 Saradomin brews' buying limit nerfed
- 12 It appears that they have done a hidden update on quantity limits
- 13 The time of Grand Exchange is over
- 14 Changes to Buy Limits with Free Trade?
- 15 Spirit shards
- 16 We need to split this into parts.
- 17 Factual correction
- 18 Onyx trade limits?
- 19 Corners or squeezes
- 20 Energy Potion (4)
- 21 Armour Weapon/Limits
- 22 Buying limit on Divines, Ely, Etc
- 23 October 2012 lack of GE updates
- 24 Request
Sales to yourself are not calculated in the overall volume and price.[edit source]
Hey there is an error in this article it claims that you can price manipulate by selling to yourself however this is not true. Items sold to yourself do not count towards the total volume sold and presumable not into the next days price. I tested this by selling 10m triangle sandwichs to myself one day. They did not appear on that days most traded item list.
The Death of Merchanting[edit source]
The Grand Exchange ruined merchanting.
That's all I have to say...
18:36, February 22, 2010 (UTC)
- Well I guess it ruined merchanting the way you loved it. I have never played RS without GE, but merchanting has still earned me hundreds of millions. So the trade isn't exactly ruined, however changed. Delapaco
- I agree with this fellow. The type of merchanting that became obselete with the release of the grand exchange is Arbitrage, which attempts to connect 2 entities from seperate markets where the price of an item is different in each market. For instance, you previously could buy 10k cooked lobsters on world 2 for a price of 20 each, then switch to a pking world and sell them for 60 each, both of which were commonly accepted prices for those quantities and those different areas. The Grand Exhange eliminated this by allowing anyone anywhere to buy anything from anyone, within a few minutes. The new type of merchanting involves investing, speculation investment, and even day trading (flipping), which still earn money, but accomplish different goals in the economy. 18.104.22.168 23:28, November 24, 2011 (UTC)
Before the Grand Exchange[edit source]
Before the Grand Exchange, players used to buy items that they needed from the General Store. Also, before the Grand Exchange, you could sell items for very low prices, such as the Dark cavalier for 50 coins. You can now sell them for 51,000 coins.
while the reality is that people bought items they needed from the market place, park in falador, world 2.
Criminal activity[edit source]
"Some of these organizations were allegedly using real-world trading for money laundering or as a fund-raiser for some other criminal activities. "
I took this out for the following reasons
- Money laundering - "dirty money in - clean money out" for example: I rob a bank in Draynor, "dirty money" - I put the money into my bakery stall till in Ardougne, 100 gold coins per week, "clean money" is paid into Draynor Bank. In the case of RWT there is no money in (in FTP worlds), there is (mildly) "dirty money" out.
- The idea that, for example, drug dealing, needs "funding" is very odd - of course it is possible that someone was RWTing to fund their drug consumption, but that is not what was meant.
where to add and needs improvement[edit source]
where to add this:
Thanks for the image. It seems the area has 17 trees, excluding the spirit tree. We will need a discussion on the exact number of trees in the Yew Grove forum. Marfaa 07:35, June 12, 2010 (UTC)
Weekly trade limits[edit source]
Can someone add a section or provide more information about the weekly trade limits? If you've been buying an item at maximum for a whole week you cannot buy any more of that item (even after 4 hours) --Poiuytreza2 09:31, June 8, 2010 (UTC)
Recent changes to seeds' and bones' buying limits[edit source]
Recently (along with Dungeoneering Resources Dungeons) Jagex changed the buying limits for seeds. They simply divided the limit by 10, so before the update you could buy up to 5,000 allotment, 5,000 bushes and 1,000 herb seeds each 4 hours. After the update they divided that limit by 10, so now it's 500, 500 and 100, respectively. I'm 100% sure of this information because I was merching them myself (allotment ones) and I've seen that i was unable to get more than 501, even if they were on their minimum price on GE. Jagex made this change mainly to stop merchers, i belive, since many of them were making millions from mainly bush seeds (jangerberries, cadavaberries and so on - just watch their 180-days chart and you'll see). You can also notice that many (almost all of them, but some of the trees) seeds crashed since so, due to obvious reasons. So, I've went to this article to update the numbers, and someone changed them back to the original. Why?
About the bones limit, they used to be 10k and now seems to be 1k (according to the same table). I'm not sure about this info, but I don't doubt it's true, because Jagex want that dragon bones crash in price. That's why they added new 8 blue dragons to the dungeoneering resources dungeon (in multi combat area): to make dragon bones' prices crash. Making the limit 10x lower also helps a lot on making the item crash. Althought, I haven't checked this by myself, and want to know if anyone have already checked it by yourself :)
- I can confirm that the limit on buying bones is still 10,000. I just bought 2000 dragon bones instantly.
Buying items for max price buys item at which price?[edit source]
It doesn't say in this article and I feel it's important, so just to confirm, when buying an item for maximum price in GE, it purchases the item at the cheapest price in the GE currently? If not, which price does it buy the item at? Thanks UNWATCHABLE
Anybody know what's going on?[edit source]
I logged on today and went to the grand exhange and boom. 
Davey2k10 22:36, November 27, 2010 (UTC)
- See Environment glitches#Graphics Options and 'Take Item' Changes. 22:56, November 27, 2010 (UTC)
Buying Limit for Spirit Shields?[edit source]
Hi - any1 knows wether the spirit shields have a buy limit lower then gwd items? I just bought 2 spectrals, but the 3rd wont buy. last buy is like 2hrs ago - could they also have a limit of 2 per 4hrs? Regards - Col
Yup - the buying limit on spirit shields is 2.
Saradomin brews' buying limit nerfed[edit source]
Hi, just to inform you guys, Jagex has changed the buying limit on all doses of Saradomin Brew to 100. This was probably because they were merchanted quite successfully for a so common item not-so-long ago.
I think Jagex has done a hidden update and lowered the max buy quantities of several items, logs, runes, etc. I'm still checking to see if this is definitely the case but since I do a lot of merchanting, I'm definitely noticing a difference. Items that used to stop at 5000, now are stopping at 2000. Items that used to stop at 25,000 are now stopping at 10,000. This may just be a coincidence, but I don't think so. Can someone verify or discredit me please?
Jim The Soundman 10:27, December 18, 2010 (UTC)
The time of Grand Exchange is over[edit source]
As so-called "Free Trade" which is actually "Real World Trade" returns and RuneScape once again become a botters and scammers paradise. It has been confirmed that this is a rant.--Atheist723 09:03, January 19, 2011 (UTC)
I agree. I liked the Grand Exchange before they changed it. 22.214.171.124 08:40, February 15, 2011 (UTC)
Changes to Buy Limits with Free Trade?[edit source]
With the recent Free Trade update, the GE buy limits seem to be erratic, if not entirely absent. In one 30-minute period I sold 100,000 steel arrows, then turned around and bought 80,000 more (buy limit should be 10,000 per 4 hours). Just recently, I bought 35,000 iron bars in less than 15 minutes (again, buy limit is 10,000 per 4 hours). On the other hand, most of my other goods (including, now, steel arrows) seem to be bought according to their old limits. Either the GE is extremely buggy, or there are new rules of which I am not aware. The article should be updated to reflect this change, on way or another. 126.96.36.199 03:59, February 13, 2011 (UTC)
Yup, it seems they've changed it. On the day of release I sold a load of rings of recoil, and just moments later decided that I needed them after all, and bought them all back again. So it would appear that the restriction of having to wait 4 hours after selling something before you can buy it again has been removed.10:57, February 14, 2011 (UTC)
- Yeah I can vouch for this as well. They seem to have been either liberally relaxed or completely removed. User:Triforce 14
Spirit shards[edit source]
Spirit shards are restricted to a 10,0000 buy/sell limit every four hours. This info used to be in the article but is now gone. I just confirmed on the GE that the 10,000 limit is still in force. However, trying to edit the buy/sell with all those colspans and such is too intimidating for me. Can some more adept at this add this info? Thanks! Inelcirc 22:35, April 5, 2011 (UTC)
We need to split this into parts.[edit source]
It is way too big.
Ulmuchiha 23:18, April 25, 2011 (UTC)
Factual correction[edit source]
Believe this fact point is incorect, which is under the 'trading tips' section.
- When a new account sells its first item on the GE, the item is instantly converted to coins. This doesn't apply if the selling price is outside of the +/- 5% range.
188.8.131.52 16:33, May 15, 2011 (UTC)
- Sounds unbelievable... Talk 23:34, May 17, 2011 (UTC)
I want to add 100 calquat seeds and 500 impling jars to the 4 hour limits but I don't know how to change the table. Can someone edit it in? Thanks Adzclough 21:28, June 8, 2011 (UTC)
- ... and 10 dragon daggers... looks like we need a much more extensive table. Rich Farmbrough, 11:59 26 September 2011 (UTC).
- Impling jars are on there, and so are dragon daggers (under Weapons & Armour). As for Calquat seeds, I'll see what I can do. Maybe just group it with fruit tree seeds/tree seeds.
- Updated it. Grouped Bush/Tree/Fruit Tree Seeds 100 together.
- Under Dog 16:21, September 26, 2011 (UTC)
Onyx trade limits?[edit source]
Any info on the limits of Uncut onyx, Onyx, Onyx based jewelry, bolt tips or bolts, either unenchanted, or enchanted? Search the page and this discussion page for "Onyx", nothing. Warp9pnt9 14:53, October 25, 2011 (UTC)
Corners or squeezes[edit source]
I believe the two paragraphs discussing corner sales should at least mention that a (true) market corner isn't obtainable in Runescape, for two main reasons. First, all resources and skills in Runescape are publicly available (at least in P2P), making it impossible to own all known instances of a particular item. The one exception to this would be discontinued items, but obtaining a corner on a discontinued item would require an unrealistically large investment. Second, there are a number of ways a player could easily obtain an item for an alternative price. One would be trading with another player through the trade system, another would be buying the item from an in-game store or NPC. These, combined with the trade volume limitations Jagex placed on items trading on the GE, effectively prevent this from happening, at least by definition. 184.108.40.206 09:51, November 23, 2011 (UTC)
Energy Potion (4)[edit source]
Just bought 1k energy potion (4), it is not listed as one of the items that has a 4 hour-limit. S a l 19:10, November 25, 2011 (UTC)
Armour Weapon/Limits[edit source]
I added some info to the second note under the limits table regarding different items covered by the general term "Armour & Weapons" counting towards different 4 hour limits. Unfortunately, now it looks rather crowded. Feel free to edit/move it as you wish but I strongly believe the information is accurate. 220.127.116.11 13:21, November 27, 2011 (UTC)
Buying limit on Divines, Ely, Etc[edit source]
October 2012 lack of GE updates[edit source]
As of right now, the Grand Exchange has not updated for over five days. This is, as far as I know, unprecedented. It's also outrageous. I've been assuming that Jagex royally screwed up their GE code and have simply not fixed it, but a friend of mine raised the hypothesis that Jagex locked the GE as a response to BXPW merching. She believes that they have ceased updates as a quick-fix solution to the strong rises & falls that we see in the days leading up to the BXPW, and in fact have already seen. I have no evidence for this idea, but I still figure it ought to be mentioned as, well, an idea. Thoughts? --Andorin (Talk) (Contribs) 19:52, October 24, 2012 (UTC)
Yes... I do have a thought and a bunch of data. I have a spreadsheet of data on instant buy and sell prices a number of items including Zamorak wine, adamant bar, adamantite ore, royal bolts... etc. And I've noted that the Average price from the previous day is never ~= to the price shown by the next ge update. We know items seem have a maximum rate of rise and fall / ge update so it could be connected to this...
On an other note... fewer updates might be connected to a large decrease in the volume traded of many high volume items because of hoarding for DXPW, but this wouldn't explain a 5 day price freeze, which if is in effect does not cover all items. I know of items which have updated in the last 30hrs. Westseen (talk) 20:44, October 24, 2012 (UTC)westseen
- I don't think there is a connection between trade volume and update frequency. Prior to this, with a few exceptions likely related to glitches, the Grand Exchange has updated regularly, roughly once per day. If there is such a connection, it's subtle enough for me to have missed it. --Andorin (Talk) (Contribs) 21:31, October 24, 2012 (UTC)
Can you please put the old GE buy limit table back up? That list is rediclouslly long & very unfunctionale. I'd like to be able to see much of the limits at a glance rather then having to scroll though to see them all.