Why RuneScape's Economy Is Collapsing (OSRS)

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  • Опубліковано 11 вер 2024
  • RuneScape’s market just had its worst day in history, everything is crashing, and there's seemingly no end in sight. Some OSRS players are so concerned they’ve even asked for trading to be removed or for warding to be forced into the game. Is a return to the pre-EOC 2008 era the right decision? Or are other solutions possible?
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    Outro Song:
    Phife For Life - Otis McDonald
    Sources:
    / we_need_item_sinks_not...
    / the_item_sink_we_need
    / item_sinks_needed_for_...
    / economy_crash
    / can_someone_give_me_a_...
    / i_bought_a_tbow_for_550k
    / all_the_mta_bots_right...
    / incoming_here_come_the...
    Visual Sources:
    OSRS Warding Trailer - • OSRS RuneFest Reveal: ...
    Its Everyday Bro (Jake Paul) - • Jake Paul - It's Every...
    Chambers of Xeric BTS - • Raids: The Chambers of...
    Megscale CoX Raid (aatykon) - • OSRS: Megascale Clips ...
    Jagex OSRS Data Stream - • OSRS Data Stream 2020 ...
    Twitch Prime Trailer - • What IS Twitch Prime? ...
    6 Jads Challenge (Chriskies) - • OSRS - 6 Jads 3:43
    OSRS Blowpipe Gathering - • The Falador Riots of 2...
    OSRS Jmod Q&A - • OSRS Q&A - RuneFest re...
    Update Q&A - • Clans Teaser! Mods Bok...
    Bot Busting - • Bot Busting Highlights...
    Another Q&A Stream - • Old School RuneScape Q...
    #OSRS #RuneScape

КОМЕНТАРІ • 458

  • @ColonelloRS
    @ColonelloRS  3 роки тому +74

    Sorry for such a long gap between videos. Real life has been stressful since I'm finishing up classes. Hope you enjoyed the video!

    • @spiritofnex
      @spiritofnex 3 роки тому +1

      You're gonna be business-man soon. Businello

    • @_owl_
      @_owl_ 3 роки тому

      How could anyone be mad at you?

    • @Adaptationsosrs
      @Adaptationsosrs 3 роки тому +1

      Thank you for the long hours and dedication you clearly put into every video. Always happy to see a new upload.

    • @ReinierRuneScape
      @ReinierRuneScape 3 роки тому

      Thanks man, always interesting informative videos, good luck with your irl emdeavours

    • @traincore1955
      @traincore1955 3 роки тому

      Warding would create an item sink and force Jagex to revamp magic and change pvp which is three things players are upset about so it only seems natural to add it to the game. As much as I am a purist for oldschool runescape as anyone since 2001, would combat whatever the fuck is going on rn but ya they need to get on that bot ban.

  • @sadmiqoxiv
    @sadmiqoxiv 3 роки тому +75

    RS3 solution: Invention
    OSRS Solution: COMPLAIN TILL THEY FIX IT

    • @jacobpower1037
      @jacobpower1037 3 роки тому +9

      Invention is an amazing solution and I think something similar would help

    • @Holphana
      @Holphana 3 роки тому

      isnt one solution implemented by jagex and the other requested by users? how do these examples compare?

    • @sadmiqoxiv
      @sadmiqoxiv 3 роки тому +16

      @@Holphana Because warding would have been the item sink required to fix the issues but the community refused the idea, letting players decide the future of a game is a bad decision, they will complain about the problems but wont accept the fixes.

    • @Astares9
      @Astares9 3 роки тому +4

      @@sadmiqoxiv no new skills

    • @externalboss9404
      @externalboss9404 3 роки тому +15

      @@Astares9 found the child who cries about new skills

  • @spiritofnex
    @spiritofnex 3 роки тому +40

    Old school really needs an item sink bad. The issue is figuring out what would work and how. If there was a way to reopen the Well of Goodwill, I believe that would work as a temporary item sink. I like invention in rs3, but I personally think that would be a bit too overpowered in osrs. I really hope Jagex is able to find a way to effectively remove items from the game, but without a really good incentive, I can't see it going well.

    • @nobobonobo
      @nobobonobo 3 роки тому +6

      In the game path of exile, there is a corruption mechanic for items. You can upgrade your gear but there is a risk of destroying it in the process. Something similar could work in osrs.
      You go to an altar, combine an end game item with a rare drop and you either get a small stat boost and it possible a different look to the item (and it becomes untradable), or nothing happens, or the item is destroyed. High risk, high reward
      This would remove items out of the circulation, thus increasing scarcity and price

    • @ElysianAura
      @ElysianAura 3 роки тому +4

      @@nobobonobo Honestly sounds really similar to Invention, you break a bunch of rare items to get materials and then can potentially upgrade your items with it. Effectively has a chance to destroy them with no benefit though, through unwanted perks

    • @Andytlp
      @Andytlp 3 роки тому +2

      @@nobobonobo Seems like a good mechanic. Id go as far as to perma delete 1 carried item on death in any death safe or not above x value so crap like food or potions are not counted.
      Osrs became too safescape just like rs3. End game pvm balanced around people carrying 2-3b worth of gear with zero risk continually farming more of said gear... its just ridiculous that there is no risk whatsoever.

    • @Jesujej
      @Jesujej 3 роки тому +4

      grand exchange tax please

    • @theprodegypk
      @theprodegypk 3 роки тому +1

      They just need to make current BIS gear even better with raids 3 equipment that attaches to the current BIS and devours it such as a tent does to the whip but imagine that with the bcp+raid 3 item

  • @matteogenoese-zerbi3063
    @matteogenoese-zerbi3063 3 роки тому +35

    I think the item sink they have for the abyssal whip is the best form. They make whips maintain value, and creates a useful item that isn’t broken, but is worthwhile for more difficult content. Doing something like this for the scythe is obviously trickier, but generally that’s the form of item sink I’d like to see.

    • @JaboodyEnthusiast
      @JaboodyEnthusiast 3 роки тому +3

      I better be 1 hitting bandos to even entertain the thought of making a 700m scythe degradable

  • @wrytte
    @wrytte 3 роки тому +14

    This is a long post but hear me out.
    Rs3 tackled the issue with invention.
    Imagine getting to dissemble items for components and using those components to upgrade the item into an untradeable next tier item.
    My example is warriors rings, disassemble 10-20 rings to make a "fighters ring" that has a +10(i) bonus. Use components to charge the ring, always Making those items in demand.
    Osrs isn't at the point where we need to perk out our weapons, but something that allows old items to be reused into something useful is what the game truly needs. It needs something like invention/warding

    • @SharpShotterJake88
      @SharpShotterJake88 3 роки тому +2

      Love the idea people in osrs need to let the devs build and grow the game with new content

    • @Manksii
      @Manksii 3 роки тому +2

      RS3 does this with more than just invention.
      There's an item that requires 10 berserker rings to upgrade (can't remember what) and a bunch of degradable equipment require huge sinks in either cash or valuables (amulet of souls needs an onyx to recharge)

    • @aggressivereindeer3200
      @aggressivereindeer3200 2 роки тому

      No.

    • @wrytte
      @wrytte 2 роки тому +2

      @@aggressivereindeer3200 and when osrs dies, it it'll be because of people like you.

    • @__________________________4597
      @__________________________4597 2 роки тому

      @@wrytte invention seems so silly tho, I rather have items break after time or usage without ways of fixing them. Not sure if that is a good fix either tho

  • @LaniakeaLeathercrafts
    @LaniakeaLeathercrafts 3 роки тому +13

    I'm always blown away by the quality and content of your videos. They pull my interest in and hold tight on like an ice barrage in deep wildy. Love it!

    • @ColonelloRS
      @ColonelloRS  3 роки тому +2

      I seriously appreciate that, thank you so much!! :D

  • @25Buttholes
    @25Buttholes 3 роки тому +26

    editing is getting nice bro!

    • @ColonelloRS
      @ColonelloRS  3 роки тому +3

      Thank you!! :D

    • @ih3llzi104
      @ih3llzi104 3 роки тому +2

      Ironmen have private instances at GWD and they can just do drop trade at wildy, if an ironman with end game content does GWD can do a bunch of kills and just crash the market, this issue its never touched

    • @TherokA
      @TherokA 3 роки тому

      The legend

    • @edpistachio8559
      @edpistachio8559 3 роки тому

      I thought the only thing you say is "slap him with the quickness"

  • @TheL0rd0fSpace
    @TheL0rd0fSpace 3 роки тому +36

    I've seen a great suggestion on Soup's video: use the gp given to Death, and have him "buy" pvm items, deleting them.

    • @ColonelloRS
      @ColonelloRS  3 роки тому +7

      Agreed! Since it would be completely behind the scenes I imagine it wouldn't upset anyone either.

    • @0sjors0
      @0sjors0 3 роки тому

      but what items should this system buy then? if it just keeps buying tbows... well go figure

    • @xMrjamjam
      @xMrjamjam 3 роки тому +5

      @@0sjors0 say for example you die and it costs 100k to get a rapier back, well that 100k would go towards buying a rapier off the ge, once it buys that item off the ge said item and gold gets removed from the game creating a small sink for that one item.
      Imagine this but on every item at the same time it would slowly but gradually remove items from the game

    • @HellsHawkGamer
      @HellsHawkGamer 3 роки тому +3

      @@xMrjamjam The item would be removed, but death would no longer be removing gp from the game, as that gp is needed to pay for someone sell the item it's buying. So it works as an item sink, but you also remove the small gp skin death is.

    • @ADHD_Lothario
      @ADHD_Lothario 3 роки тому

      I bought a dhcb for 73m and a basilisk jaw for 12m at the same time. They both are rising a little. I’d say if you have the money on a mid level acc try to invest in items now before they rise. I mean the decline has stayed pretty flat the past few weeks

  • @HaulinAzzzovs
    @HaulinAzzzovs 3 роки тому +21

    To be honest, while I absolutely did not like the thought of having to train Warding, I voted YES in that poll, because it was obviously going to act as a gold sink.
    I like that we get polled, but so many players don’t see the big picture sometimes, until it’s too late.

    • @_barncat
      @_barncat 3 роки тому

      not everyone's a genius like u

    • @gabrielv1856
      @gabrielv1856 3 роки тому

      The peoblem with poles is that some players didnt get to that level of gameplay, so they either dont know about what is asked or they just dont care because its higher level content

  • @SimplyNexy
    @SimplyNexy 3 роки тому +12

    tbh, it's already past the time for osrs to get an invention like system/skill, doesn't even be the strong perks park, just a way of being a huge item sink, with all the Rs3 content that got made to fit osrs without many issues, I bet they can do something similar to invetion but that fits osrs if they really tried to and if the community stopped being alergic to new skills

    • @wrytte
      @wrytte 3 роки тому +1

      Yes yes to invention!. Imaging getting to disassemble 10-20 warriors rings and use those components to make an untradeable fighters ring with a +5 or +10(i) with using components to charge would always keep them in demand.

    • @DeVoid1
      @DeVoid1 3 роки тому

      Nah. There are other things we can do for item sinks, without stooping to copying RS3.

    • @ScreamingInSong
      @ScreamingInSong 3 роки тому

      @@DeVoid1 uh. They did. Several times. Years ago and still.

    • @pleasureduma9693
      @pleasureduma9693 3 роки тому +3

      Eoc is the only thing that killed rs3 if it never happened old school would of never been popular.

    • @HunkMine
      @HunkMine 3 роки тому

      There should definitely be more skills just no summoning or change in combat mechanics

  • @mikecleven9808
    @mikecleven9808 3 роки тому +5

    I disagree partly
    Back between 2001 and 2007 alot of items held their value quite well. For the simple reason that if you died it often was lost. And you had to rebuy it. Now you can never lose stuff anymore.
    Buy it once. Thats it... the death mechanic changes initiated this crash.
    Make the death coffer 5 times more expensive atleast...but that still doesnt remove items from the game. And that is the issue

    • @mattlewis2168
      @mattlewis2168 2 роки тому

      Sure was glad I didn’t lose 10m when I stopped paying attention at steel drags last week though

    • @mikecleven9808
      @mikecleven9808 2 роки тому

      @@mattlewis2168 that is my whole point. It doesnt matter anymore. So you only need every gear item once

  • @gwiggle5966
    @gwiggle5966 3 роки тому +29

    solid pillar men reference

  • @IronMan-ds5bi
    @IronMan-ds5bi 3 роки тому +47

    Wait, don't fix the economy yet! Lemme finally buy an AGS first...okay, you're good!
    -Sincerely, a poor player

    • @josev1385
      @josev1385 3 роки тому +1

      Absolutely, poor man's market right now.

    • @Theviewerdude
      @Theviewerdude 3 роки тому +1

      Missed the boat bro. Just bought one yesterday, already up 2m

    • @ih3llzi104
      @ih3llzi104 3 роки тому

      Those items won't rise, ironmen can do private instances on GWD and they just can drop trade at wildy, all ironmen that are at end game connect does that and they have the best money making methods

    • @ih3llzi104
      @ih3llzi104 3 роки тому

      No one seems to talk about this, it's always ignored this issue

    • @-Apollo-13
      @-Apollo-13 3 роки тому

      @@ih3llzi104 it’s no different from gold farmers or bots, I’m sure most people who are mid-end game are well aware that you can drop trade items off IM accounts to their mains or for their friends. That issue isn’t discussed because it’s not really a problem if say 100s even 1000s of Ironmen accounts get uniques sometimes vs the bots/goldfarmers doing the same thing 24/7.

  • @TomatoeOnToast
    @TomatoeOnToast 3 роки тому +2

    CM ToB will only be attempted by end game players who, as you've said, have all the gear AND the gp to buy that gear over again. Make death in CM ToB unsafe after 100 deaths (a bit like Zulrah). That will act as a massive item sink for PvM gear and create a demand for more of that gear.

  • @Rick020
    @Rick020 3 роки тому +31

    Crypto: crashes
    OSRS: crashes
    And we all know what's next: PRICES TO THE MOOON

    • @ColonelloRS
      @ColonelloRS  3 роки тому +3

      TO THE MOOOOOON!

    • @NubeBuster
      @NubeBuster 3 роки тому

      Yeah as a retired botter I can say that crypto prices affect os gp

    • @cunnyarchive
      @cunnyarchive 3 роки тому

      @@NubeBuster Yeah as a working botter I can say that crypto prices affect os gp

  • @jakemyers5764
    @jakemyers5764 3 роки тому +6

    watching the economy burn as an ironman

  • @papakuli6289
    @papakuli6289 3 роки тому +4

    Deaths coffer was a good idea, but bad implementation when they limited what items you could give to death... kinda ruins the point of an item sink limiting to certain items

    • @ColonelloRS
      @ColonelloRS  3 роки тому +1

      Agreed, I honestly forgot that it was even a thing until recently.

    • @ianh1504
      @ianh1504 3 роки тому

      of course everyone i know filled up their death coffers with 10-20m for like maybe 1m

  • @rundmv6534
    @rundmv6534 3 роки тому +11

    finally a youtuber with economic sense. its FINE

  • @bdog441
    @bdog441 3 роки тому +4

    I reckon they should make it have a pet chance when you alch rare items. For example 1/200 chance in getting bandos pet when alching the bandos chest or tassets

  • @danewhittier8517
    @danewhittier8517 2 роки тому +2

    If he only knew how much bonds are nowadays, he had no idea what was to come

  • @rasmus1600
    @rasmus1600 3 роки тому +2

    I think an item sink for ironmen could help, since ironmen usually drop the extra items to a main and the main liquididates the items due to no use of the items. If you could avoid using a main and do like the Death's coffer and get 105% of G.E price for an item, that money could go in a locked coffer and be 'saved' up for a bond. It can work just like the Deaths coffer where money can only go in and a bond can be exchanged for the coins.

    • @royjansen93
      @royjansen93 3 роки тому

      I play an ironmAn. No main at al. I just think, deaths fee should be higher. Way higher.

    • @maxcamargo151
      @maxcamargo151 3 роки тому

      @@royjansen93 just no. Jagex servers are notorious for being absolute shit.

    • @maxcamargo151
      @maxcamargo151 3 роки тому +1

      Theres not enough irons doing this enough to make a difference. Once an iron finishes a boss they move on. Normie accs are the ones farming these items to the point they arent worth anything.

  • @Zman7981
    @Zman7981 3 роки тому +5

    You're my favorite osrs channel when it comes to recapping stuff in runescape

  • @Chris-sl7mg
    @Chris-sl7mg 3 роки тому +1

    Thank you so much for this video! It's nice to see at least one RS UA-camr not singularly fearmongering the downturn in a video.

  • @Cursedwondering
    @Cursedwondering 3 роки тому +12

    My god I laughed so hard at that bow

  • @PenguinPaws
    @PenguinPaws 3 роки тому +3

    The thing is tbows are being pumped into the game so the law of demand would say increasing the supply wouldn't shrink the demand since a lower price point would cause a higher demand since more people would be able to afford it making the price be held up at this more affordable price causing sit at an equilibrium again. I think what you meant to say is the price will decline due to this.

  • @thomasryan435
    @thomasryan435 3 роки тому +3

    do you have a list somewhere of the periods of twitch prime promotions? was curious to see item prices/gold prices at all those times and maybe like before and after. couldnt figure out how to google this exactly

  • @brandonmcgillis
    @brandonmcgillis 3 роки тому +2

    You are the most underrated RuneScape UA-camr man, keep up the good work.

  • @justinrogers4256
    @justinrogers4256 3 роки тому +1

    They should bring back the death mechanic of 2005. Its not scary to die in OSRS anymore. No repercussion for death right now besides paying a measley 500k at most.

    • @justinrogers4256
      @justinrogers4256 3 роки тому

      Wont solve the problem completely but it could possibly help.

  • @joshblank
    @joshblank 3 роки тому +8

    Combine 10 BCP's for a +1 strength boost.

  • @sum-dum_nerd
    @sum-dum_nerd 2 роки тому +1

    17, even 16 trillion is a scary small number compared to what was used to cause that tax to be spent.

  • @Barsiel
    @Barsiel 3 роки тому +1

    Colonello you’re wrong at 3:05, dragon legs haven’t been sold at that price in over 5 years, you made a typo and hit two instead of one i assume

    • @forgive9220
      @forgive9220 3 роки тому

      I bet you're fun at parties

  • @lewis523
    @lewis523 3 роки тому +57

    I'm happy playing my ironman. My items have no value 😂

    • @stephensmith4124
      @stephensmith4124 3 роки тому

      This is the wrong idea - the VALUE of your items is the lengths and time it took to achieve them, which has a far GREATER value then its gp worth as gp can be gained in many different ways and so devalue over time

    • @lewis523
      @lewis523 3 роки тому +2

      @@stephensmith4124 yeah the real value is sentimental. The massive achievement of finding them or getting from drps

    • @iizben
      @iizben 3 роки тому

      Your the reason why the games dying

    • @lewis523
      @lewis523 3 роки тому +1

      @@iizben if the game was iron only. The economy would be incredible. 20m item would be worth 200m

    • @cameronperry832
      @cameronperry832 3 роки тому

      @@iizben game deserves to die

  • @jakobfel2
    @jakobfel2 3 роки тому +1

    I guess it may be because only play OSRS a little bit here and there but I really hate that they didn't release Warding. I feel like it only failed because the change-resistant people in the OSRS community screwed over those in the community who don't mind new content, as long as it's always developed in the 2007 RS spirit.

  • @quack2663
    @quack2663 3 роки тому +2

    Someone explain why having stuff crash is overall a bad thing for the game. My gp goes further with the downside being I earn less gp/h at a certain bosses/content.

    • @phillipmargrave
      @phillipmargrave 3 роки тому

      It’s not bad for the game. It’s great for the game. It’s bad for flippers and merchers because their profit margins get smaller or disappear on some items. For regular players it’s good when prices go down because you can buy more supplies for less GP. But you will make less profit on drops, except those that retain their high alc value.

    • @ianh1504
      @ianh1504 3 роки тому +1

      its good for you noobs who cant afford crap, people like me who paid 70m for a dex are kinda pissed

    • @phillipmargrave
      @phillipmargrave 3 роки тому

      @@ianh1504 lol ur the one that spent 70mil on it ofc ur pissed

    • @ryang.7765
      @ryang.7765 3 роки тому +1

      People are accustomed to Keynesian economics where inflation is good and the prices of everything rise over time. A good economy grows in productivity while making things cheaper for consumers.

  • @joshuaharris9448
    @joshuaharris9448 3 роки тому +1

    IMO I think a large portion of the "crash" is actually gold growing in buying power. I say that because actual rare items like 3rd age have been going through the roof. Tbh my bank hasn't changed too much since I had some 3rd age items.

  • @IgnoreMeImWrong
    @IgnoreMeImWrong 3 роки тому +2

    Sinks are so easy to make, literally just make it any item(yes) then make a pet at 0.1% chance with RNG(gold drop & exp rates included) increases of 0.01% per 100,000 gold or 1m or even a progressive increase of the gold and less percentage to boot.
    Add a lottery, game takes a cut so 1b lottery game takes 50 - 100m or something.
    Add those highscores(for most wealth sunk) someone mentioned.
    Bonds honestly shouldn't be tradable in the ge or window, add a standard shop with a standard price so gold is removed, even if you kept them as tradable, adding the shop for ironmen would also create a sink.
    Allow people sink items to get bonds, could be sold to aforementioned shop. (Imagine selling all of those Mithril Axes for a bond..(lol) Probably have a value minimum.
    You could even do a party room sink where by a chest is located at the GE(ease of access/popular) and create it to randomly redistribute to different accounts around the world or general game, of course add a % game cut to it.
    They could create a prestige option for skills.. ..depending on how much gold/item value you sink into the "prestige/skill reset" you would get an exp boost for the skill on the next run, adding a highscores is a must for that. This one would have some issues but easily creates an infinite sink since the ability to prestige would also be infinite. You could even just add a multiplier next to the skills on the current highscores page.
    Also, seriously remove the coffer that shit is stupid, just make it risky to die.
    Create unique untradables/fashionscape/achievement(at personal signs)/milestones for sunk wealth.
    Some people will read many of these and scoff, but people do dumb shit for laughs, example: I crashed gold ring prices today for a 900k profit instead of a slow sell of 30m....
    These took me the video on 1.25x to write down. (shrug)

  • @blossomlotus2019
    @blossomlotus2019 3 роки тому +1

    I think the first thing that this game needs is instead of giving raw resources from bosses everytime - let them drop (untradeable) spirits like you have in RS3 - let them give you double the resources if you are farming them. This way bot farming will have to do multiple things in order to get their moneymakers - only drop table loot with Zulrah isnt going to drop all the time.

  • @ra1ningchamp
    @ra1ningchamp 3 роки тому +2

    I just bought 99 prayer for under 20m (from lvl 85). What a time to be alive!

    • @yoyowav12
      @yoyowav12 3 роки тому

      What?? What bones what method

    • @ra1ningchamp
      @ra1ningchamp 3 роки тому

      @@yoyowav12 dragon bones and the suicide method for the chaos altar in the wildy. Dbones are only 1.3k rn! Level that skill while you can!

    • @ra1ningchamp
      @ra1ningchamp 3 роки тому

      @@yoyowav12 it was dragon bones and looking back at it. It was like 23m when bones were 1.3k a pop

  • @PurpleLionRs
    @PurpleLionRs 3 роки тому +2

    I'm prepared for the hate but osrs needs a new skill. A new a skill can be an item/gold sink and breath some new life into the osrs economy. Something like inv that destroys items directly but without the perk system. Part of the reason for me no longer playing osrs is the lack of a new skill.

  • @jecal2855
    @jecal2855 3 роки тому +1

    Botting killed this game for me. No sense of accomplishment when anything i do can be done easier and more effiecient with bots. Every single thing you do in RS theres a bot or boosting service for it. Loved this game at one point now i just want an offline version where the entire world is mine

    • @Labyrinth6000
      @Labyrinth6000 3 роки тому

      Why are you even playing this game for accomplishment? That's why there's Ironman mode.

  • @DerpsterTheNoob
    @DerpsterTheNoob 3 роки тому +1

    I’m most concerned about how this will affect Venezuela and their economy

  • @genghisdingus
    @genghisdingus 3 роки тому +4

    Another problem is that ironmen get duplicates of rares when going for a certain rare.
    Say an ironman does bandos and gets tassets 3 times before getting a BCP. They will drop the tassets over to their main account to sell.
    This allows content that isn't very profitable for main accounts to still have rares from such content to come into the game.

    • @Labyrinth6000
      @Labyrinth6000 3 роки тому

      Make it to where dropping items for other players to see is no longer possible from ironman players

  • @invoker5632
    @invoker5632 3 роки тому +1

    Nice small item sink would be ability to imbue brimstone ring with like all 4 dk ring to get all of the stats of imbued dk rings, but in case of death we would be lost, leaving player with regular brimstone ring, many high risk pkers would use such a ring and it would help to sink a lot of dk ring which crashed a lot.

  • @lovsaphirars7119
    @lovsaphirars7119 3 роки тому +1

    Already made an accidental 2m profit on pegasian boots, but I have a need to use them for pvm so I'll just keep a hold on them. However, the bronze dagger market has been at a low lately, think the 195k stack dropped to 40 gp ea. Yet, this was also countered at times when it was priced over 110 gp ea making my bank value about 30m more than it actually is.

    • @ColonelloRS
      @ColonelloRS  3 роки тому

      Yeah bronze daggers are all over the place. I miss when they almost hit 100 GP each LOL

  • @TheHobbyExpert
    @TheHobbyExpert 3 роки тому +4

    Now is the time to buy, not sell. C'mon guys

  • @yeetleslaw8529
    @yeetleslaw8529 3 роки тому +5

    The hedgies had to sell their gear and GB to cover their shorts on GME and AMC.

  • @NexGenHiphop20
    @NexGenHiphop20 3 роки тому +3

    Me, an adult with a job like - why do people have more free time in summer? Very confused by this lmfao

    • @RockBandRS
      @RockBandRS 3 роки тому

      Because not everyone is you?

    • @snokbol1
      @snokbol1 3 роки тому

      @@RockBandRS yeah okay but nowadays a lot of the players are adults. And even students tend to get a summer job (at least where I live). When I was studying I genuinely had less spare time in summer than I had during the rest of the year. With the exception of a camping trip for about 1-3 weeks but you know we didn't have a pc in the tent.

    • @RockBandRS
      @RockBandRS 3 роки тому

      @@snokbol1 Cool, not everyone has that same life as you or OP. Just because you had less time in the summer doesn't mean everyone has less time in the summer.

    • @snokbol1
      @snokbol1 3 роки тому

      @@RockBandRS very late reply yeah okay I see and understand what you are coming from.

  • @Zudexa
    @Zudexa 3 роки тому +1

    My idea for how to help the economy a bit more on top of this is removing imbuing on any item that’s originally tradable.

    • @Theviewerdude
      @Theviewerdude 3 роки тому

      Wait what? So, remove the ability to imbue frem rings? Why?

    • @Zudexa
      @Zudexa 3 роки тому

      @@Theviewerdude why make the item untradable and thus re-acquirable through death's coffer just for stat boost? why not just have the imbued version be the regular version?

  • @roldyrs3409
    @roldyrs3409 3 роки тому +3

    I got such bad whiplash from the rs economy this yea I ended up starting a uim

  • @HunkMine
    @HunkMine 3 роки тому +2

    It's the perfect time to buy, all this drama because of lack of updates

  • @JaboodyEnthusiast
    @JaboodyEnthusiast 3 роки тому

    I grinded about 40 raids, 1k hydra, 900 vorkaths, corrupted gauntlet with blade drop, and trained RC bloodrunes for 17m profit. My bank value has gone up a total of -14M..... Needless to say, I bought a fightstick, Tekken 7 + SFV, and haven't logged in since.

  • @laner199
    @laner199 2 роки тому

    item sink idea: go back to death being risky. You get 30mins to get your stuff back before its fair game, i miss being scared to die

  • @jonathanpollard387
    @jonathanpollard387 3 роки тому

    The newspaper at the beginning lololol

  • @NN-en5kl
    @NN-en5kl 3 роки тому +2

    Why does it need to be fixed I’m loving that I don’t have to pay so much for gear and can get to high level pvm quick

    • @CrouchingWeinerHiddenErection
      @CrouchingWeinerHiddenErection 3 роки тому +1

      Because once you get to do the high level pvm you won't be making as much of a profit as you would when the items are expensive

    • @NN-en5kl
      @NN-en5kl 3 роки тому

      @@CrouchingWeinerHiddenErection fine by me since I just want to gear

  • @z7zse7enz7z6
    @z7zse7enz7z6 3 роки тому

    How is it that the RWT gold price isn’t crashing?
    Gold prices are⬆️ 16% since November and it hit a high of 28% last month compared to November

  • @guitarbass22
    @guitarbass22 3 роки тому

    So I know this is an RS3 topic and probably the wrong channel (maybe Protoxx has already done this), but how does invention act as a good item sink?
    Like I know you need to disassemble various items for components (some specialty items as I’ve found out first hand), but the best way to train it is through siphons...not disassembling every level 10 item brought into the game (except for those GWD1 drops...rip that content). But even though nobody wants to disassemble the nox scythe or something similar, it still hella retains its value, and sometimes gains value, even though Arraxor is the Zulrah of RS3.
    In addition, the early game of invention takes place mainly with stuff you disassemble from the knights’ armory and stuff for those starter parts/components. You don’t need to spend money buying comparable items on the GE when you have a static shop that you can farm for a few hours until you hit the invention level needed for leveling up armor and weapons to level 15 or 20. So while I can see at certain points it can be viewed as an item sink, can someone explain to me how it qualifies as one?

  • @dikbuttbutt
    @dikbuttbutt 3 роки тому

    items might go back up a small bit BUT theyre going to continue to dip overall. even if they made all those updates TODAY, in less than 1 year item prices will be lower than they are right now, no way to actually bounce back from whats happening. we have a lot of gold farmers farming anything that drops best in slot gear or anything valuable, and osrs has a diminishing playerbase (actual players not bots, not noobs who'll quit before they even get bis gear, not gold farmers).
    JUST ONE of those issues is enough to crash a market, but osrs is lucky enough to have to deal with both of them lol.

  • @dauntlesspk8807
    @dauntlesspk8807 3 роки тому

    1:58 omg.. I need this like yesterday

  • @Akashic_Monk
    @Akashic_Monk 3 роки тому

    Well the main reason every item is crashing in game is the inflation of the dollar around the world so now when bots and real world trading in the game add a lot more to the game price changes more than u think.

  • @petpillow
    @petpillow 3 роки тому

    Is it possible that since mobile came out a lot of people are now at bossing stats and they're just bossing a lot more, and obviously the odd bots don't help.

    • @petpillow
      @petpillow 3 роки тому

      I wrote this before watching the full video, so I'm glad you covered all these possibilities. :)

  • @oshea6702
    @oshea6702 3 роки тому +1

    All Jagex needs to do is use the duel arena tax to buy items in-game, then delete said items from the game permanently.

    • @solecaliber5549
      @solecaliber5549 3 роки тому

      Then the gp isn't properly being removed from the game, but redistributed, rendering the arena tax useless.

    • @oshea6702
      @oshea6702 3 роки тому

      @@solecaliber5549 GP isn't the problem here it's the amount of items in-game where we see the problem with the market crash occurring, if the duel tax was used to buy up 90% of the items in-game the influx of GP wouldn't be an issue as it would be counter balanced by the huge demand/rise in price for the items that are now gone from the game. Resulting in more GP in the open market but counterbalanced by the huge price increase for the remaining 10% of items eventually evening back out and causing a market reset as such, where we would see more GP in-game but also a spike in the demand/price of the remaining items.

    • @oshea6702
      @oshea6702 3 роки тому

      @@solecaliber5549 Furthermore this change of tax uses would only need to be implemented for a month or so before 90% of existing market items were bought up and destroyed, then the tax system could reverted back to normal.

  • @GrumpyIan
    @GrumpyIan 3 роки тому

    You forgot 'Merching' clans. Yea they aren't as big now but they're still there.
    Also I'd much rather have item crashing over massive uncontrolled inflation like the RS3 economy.

  • @cd4953
    @cd4953 3 роки тому

    Invention is honestly a necessity at this point. They should force it in without polling. It's an essential integrity change.

  • @Shaun-EZX
    @Shaun-EZX 3 роки тому

    It’s harder to make item sinks so instead Jagex need to make more gold sinks and use that gold to buy and destroy items from circulation. A 1% GE tax on all items would be sufficient if that money was then used to buy item from the GE once the pot is sufficient.
    Example:
    • Buyer would pay 100% for item A.
    • 99% gold goes to seller
    • 1% tax goes towards item A pot
    • Once item A pot is sufficient to buy item A it makes that purchase on the GE and removes item A from game

  • @Beastmode291
    @Beastmode291 3 роки тому

    Should make it that if players want to see a drop from bosses and raids they need to have some tenure there like 1k kills minimum for your player to register eligible for a drop. If someone wants it that badly they'll do what they gotta do, it'll slow down influx of gear and help raise the prices. Make inquisitor degradable, bonuses with a risk to it raise the max hit by like 5 using full set.

  • @serisak
    @serisak 3 роки тому +2

    The Collector.
    An NPC who frequents the GE for rare items and hordes them forever.
    Maybe you can see them wander around from time to time announcing what they just bought.
    Simple to implement and requires nothing of the players.

    • @darkclownKellen
      @darkclownKellen 3 роки тому

      Like buys them off the ge? That will bring huge amounts of gold into the game. So then we're back to needing better gold sinks. Would still be helpful tho

  • @ukmassivepk0osk1ll3d
    @ukmassivepk0osk1ll3d 3 роки тому

    simple fix.............. bring summoning into the game for PvP use only and theres your GP/Item sink as well as content for PvP which is overdue.

  • @holypaus
    @holypaus 3 роки тому +3

    I like this topic. I don't think your solutions are thoroughly enough. The problem is that as time goes by more and more items enter the game. Players become more skilled and efficient, so this process accelerates. The playerbase however does not grow. Bots have a tremendous impact, but I really don't think that their impact is greater than legit players. Perhaps, but I don't know. The main problem is that the economy grows. More items and more money (mainly via alching) enter the game. Problem is that the amount of money doesn't grow as fast as the amount of items or the total economy. So slowly but surely there's deflation. Deflation of every item. There's no stopping it, unless players will destroy their items on a massive scale (which they will never do) or if Jagex 'prints' money. I suggest that for every item that enters the game (via drops, skilling, shops whatever) Jagex 'prints' the high-alch value of that item. This printed money enters the players bank account every day in proportion to their accounts total value (=high-alch value of all items + cash)(so, if someone's value is 1/1000 of osrs total value, every day he'll receive 1/1000 of the printed money). This way, the money supply will advance hand in hand with the itemsupply (or probably their will be inflation). There should be a VAT tax in all shops to prevent exploits. Ironman should be entirely unaffected. The items they gather don't contribute to money printing. Perhaps there should be a trading tax in GE. Probably there should also be a gift tax. Tax proceeds should reenter the game via printing mechanism.
    It is probably also necessary that Jagex 'prints' once a giant amount of money (to double the ingame money, so rune scimitars will be like 25k again).
    Reducing bot's etc do not limit the amount of rune scimitars (for example) already ingame, nor does that creates more players.
    Otherwise, deflation will go on indefinetly at an ever faster rate.

  • @ianh1504
    @ianh1504 3 роки тому

    january: osrs just had its worst market crash
    february: omg osrs market is crashing!
    march: w0w biggest osrs market crash ever
    april: is osrs dying? look at these market crashes
    may: this

  • @haggismacl
    @haggismacl 3 роки тому

    I keep seeing the item sink as warding deaths coffer. Why not just update the high alch prices? The og item sink

  • @lawrenced.bartram5999
    @lawrenced.bartram5999 2 роки тому

    What about making items have static prices. Instead of them going up and down in price?

  • @austiniscoolduh
    @austiniscoolduh 3 роки тому

    They shouldn’t wait so long to add an item sink like invention (pls jagex). It needs to be added before things get too bad, not after, like rs3. Osrs invention would completely revitalize the economy.

  • @captaindanthefireman
    @captaindanthefireman 3 роки тому

    Add in an item durability and repairsystem that cannot be fixed yourself unless you knowingly pay more to have them fixed yourself on the go.

  • @Carnagedraco
    @Carnagedraco 3 роки тому

    I'm sure it's been brought up and it's probably very controversial but maybe adding a durability system on all/ most items would fix this since Items would break and disappear but it would also be very annoying to deal with items breaking

    • @ColonelloRS
      @ColonelloRS  3 роки тому

      Good point! Its worked very well for Barrows armor.

  • @far_centrist
    @far_centrist 3 роки тому

    the economy had rebound, not sure if temporary rise before another plummet or the trend is going up.

  • @DeVoid1
    @DeVoid1 3 роки тому +1

    The editing on this was really solid, quite professional. Keep up the good work Colonello!

    • @ColonelloRS
      @ColonelloRS  3 роки тому

      Thank you so much! Will do! :D

  • @deathpyre42
    @deathpyre42 3 роки тому +3

    Is it really that bad if gear's more affordable?

  • @007order007
    @007order007 3 роки тому +2

    This literally happens every year around summer time, just go back into each youtubers archives and you'll see the exact same thing happen over and over and over

    • @schmidtytime
      @schmidtytime 3 роки тому +3

      Except there’s been a content drought for over a year. High level players have quit or taking a break. So I don’t understand how there’s “more people playing”. Player numbers have been and will continue to be inflated off the fact that bots are 60-80% of the player base.
      There’s a Twitch prime event going on and they still don’t understand how much it negatively impacts the game.
      Jagex continues to turn a blind eye to RWT. They refuse to have an actual stance on third party clients and could force people to use theirs and have an invasive anti cheat running.
      Open your eyes bro.

  • @NKBlazer
    @NKBlazer 3 роки тому

    BIS items need to have a decay windows across the board. Not like per item, but say twisted bow, make it BIS with x stats. Then maybe each month or few months make the stats slowly nerf to x-1, x-2, etc. Still have demand for the time usage as BIS , but will allow the prices to steadily decay out of expectation of planned small nerfs. Eventually the item will no longer be BIS and will be way cheaper, but this opens the door to introducing a new BIS with the same reqs/stats as what the previous BIS used to be on it’s release. You can reward players with chances at BIS drops without suffering from constant power creep just to top the previous one. Maybe even make the BIS seasonal to where when the decay nerfs are all completed over x amounts of time, the item eventually “vanishes” and is removed from the game to avoid a dead weight undesired item.

    • @maxcamargo151
      @maxcamargo151 3 роки тому

      This is the dumbest shit ive ever heard.

    • @NKBlazer
      @NKBlazer 3 роки тому

      @@maxcamargo151 Sadman Mode

  • @kuhataparunks
    @kuhataparunks 3 роки тому +1

    This is ridiculous hysteria. Prices are already increasing....

    • @ColonelloRS
      @ColonelloRS  3 роки тому

      Some items are, but the market index is still very low. The economy is still overall on a downward trend. According to GE Tracker the index is at 80. The day I published this video it was at 87.

  • @SR-fw3zw
    @SR-fw3zw 3 роки тому

    Idk if your smart you'll be fine. I liquidated my bank a few months ago because, I saw the crash coming. I just picked a t bow up after coming back for 964m now it's 985. keeping an eye on it but I'm pretty happy.

  • @harrym740
    @harrym740 3 роки тому +1

    I bought some trailblazer and twisted league stuff. Hoping i can buy a house from it someday.

  • @PhilTruthborne
    @PhilTruthborne 3 роки тому

    Trading? Banks? I haven't hear those words in a long time...

  • @boojon2
    @boojon2 3 роки тому +1

    Osrs itself is crashing because nobody knows how to fuckin handle the game anymore, polls with stupid 75% pass rates for simple things, constantly crashing economy, rampant bots that make all achievements feel pretty pointless. Not enough updates people care about, or that shouldnt be polled, a completely broken combat system and meta, and no way to fix it without pissing alot of people off.
    For the first time in 16 years im burnt out on the game because its got so stagnant and toxic, and so easy for people to manipulate, not because iv personally got burnt on it.
    No wonder why so many people going back to rs3.

  • @alexandermartinez1318
    @alexandermartinez1318 3 роки тому

    For the love of Guthix, no more challenge modes! The OSRS team needs to put their foot down when talking about required funding to Jagex because the scraps and unpopular and/or niche updates we’ve been getting are only acceptable for so long. It’s been far too long without any significant update and tempoross was a failure. We’ve already lost almost half our active player count at any given time since the beginning of 2020. Mod Mike D made it sound like we were gonna be going up, not down in 2021

  • @sadmiqoxiv
    @sadmiqoxiv 3 роки тому +2

    Just do what OSRS does, Take stuff from RS3.
    Godwars 2 and items like Dragonrider Lance, Shadow Glaive, Wand of Cywyr Elders, Blade of Avaryce and Animacore armor

    • @DeVoid1
      @DeVoid1 3 роки тому

      No.

    • @sadmiqoxiv
      @sadmiqoxiv 3 роки тому +2

      @@DeVoid1 Better remove dragon warhammer, thats just a reskinned statius warhammer.
      Better remove the Scythe from TOB, thats just a Nox Scythe.
      they are already doing it and you are ignorant as fuck.

    • @SCH292
      @SCH292 3 роки тому +1

      @Matt Vs Games. Ikr. They talk shit about RS3, RS3 community and next thing they want RS3 content. Double standard at its finest.

  • @turdcalzone7636
    @turdcalzone7636 2 роки тому

    1:55 approved

  • @PaPaPOVEY
    @PaPaPOVEY 3 роки тому

    Love you bro... No HoMo... Keep up the greatness, OneLove.

  • @darkfog360
    @darkfog360 Рік тому +1

    Y ur videos always have tons of ads lol. 45 seconds in and an ad pops

  • @yosiahw4305
    @yosiahw4305 3 роки тому +1

    I feel like almost every video from OSRS content creators recently has been about the economy and why it's crashing.

    • @ColonelloRS
      @ColonelloRS  3 роки тому

      Yeah, I was hoping to release this one two weeks ago but school took over my schedule. Seems like I missed the first mover advantage seeing as how many have been released now haha

    • @yosiahw4305
      @yosiahw4305 3 роки тому

      @@ColonelloRS The early bird gets the worm, but the late bird gets the bread crumbs. At least you didn't have to eat worms.

  • @jaaydeee9052
    @jaaydeee9052 3 роки тому +2

    lets be real we all knew the game was going to die it was just a matter of time why are we surprised

  • @LukeViljoen
    @LukeViljoen 3 роки тому

    Really enjoyed the way you presented this video, well done man!

  • @DarkStrife
    @DarkStrife 3 роки тому

    Told people this Atleast a year ago this was going to happen. Would ya look at that. Its happenings.

  • @macauleymeadows4858
    @macauleymeadows4858 2 роки тому +1

    Wish I would have bought about 100 pairs of d claws when this video was released there about 80m now…

  • @tonkinvladmirycha4856
    @tonkinvladmirycha4856 3 роки тому

    Jagex hasn't gotten pvp right since 2008 so....I don't think they are worried about the economy or osrs as many think. If they did, wouldn't they add more content and add more resources to advance and grow the game? Steam availability is just not even close to enough of an update.

  • @mcdonkey500
    @mcdonkey500 3 роки тому

    5:34 Wojack buys the dip.mp4

  • @sebasvries1754
    @sebasvries1754 3 роки тому

    just make a boss where if u die u lose all gear but if u win u get a Title...

  • @NoName-pz1bq
    @NoName-pz1bq 3 роки тому

    What's wrong with prices dropping?

  • @kenanmarkovic2973
    @kenanmarkovic2973 3 роки тому

    How would a RuneScape market crash affect Venezuelan gold farmers?

  • @Kapzhar
    @Kapzhar 2 роки тому

    Just bring back actual 06 old school no wilderness ditch and everything they add too much new shit when they really don’t need to. I feel like it’s slowly turning into rs3 again