I agree, I think flipping with the tax make it a bit more difficult for beginners but in the long run gives better results for advanced flippers because of better margins.
As you stated in your previous video, how Jagex chose to display the price of the item you're selling and your earnings makes it a bit confusing, so hopefully they fix it. But it doesn't affect profits as much since the people selling the items that you buy to flip also receive the same tax, so it basically equals out.
This is about osrs but might still be interesting for rs3 players. I just ~3 weeks ago started flipping on my osrs account again, started with 120m (~1,5-1,8b rs3) and made 40m by now. Flipping is a bit trickier than it used to be but still works very well in osrs
Do you think Azure sunshines will be a viable long term hold? Based off of the last Asure scroll that hit max cash stack within 9 months of release. Sunshines are almost at the lowest they've been since release.
Im watching this 3 months later, flipping NOW after this golden cape porter buff is viable but as a long term flip. Everyones lowering the price so I buy at sometimes -30% on items that will sell at next x2
Currently the whole market is dipping but overall Im sure it’s still inflating. The ge tax is doing some good work Im sure. Tax on a yellow hat sale is 750M+
I couldnt understand what you explained at 5:55 Please if someone can explain it to me in a reply id appreciate it a lot! Its the only part i didnt fully get 😕
he is insta buying it to see what people are selling it for. He is then re-selling it for what he bought it for but paying 900k in tax to sell it. He is then putting an offer in for 6mil less than he bought it for. so he will lose 900k in tax for checking the price on the first one, he will then buy another for 6mil less and sell it for what he bought the first one for and pay another 900k in tax. so in total he made 6mil but spent 1.8m in tax
@@johnbracewell3700 but when he bought it for 6mil less he was just guessing it would buy for that price right? This way skipping the lowest price check and saving that tax loss as well? Did i get it right?
@@camello321 A bit of a guess but I know the average and daily margins on every item so you can use those to find the buy. We have those in our discord too.
Flipped 200 millions to 1.5 billion my issue I have now the items I was buying for low and sold high are now high and I don't know what to buy at the moment
strangely, I feel like the tax improved my flipping. I am getting like 5m margins (profit after tax taken out) on items like nox staves now where as I was maybe getting like 2m margins before. I think the GE tax took a lot of flipping competition out of the game to be honest. It was so brainlessly easy to find margins and now it requires a little work and skill which eliminates a ton of competition. People probably try to flip and margin test, lose a few mils on the tax and dip out lol. EDIT: I posted this before watching the video sorry. You basically said what I have theorized.
@@ManateeGamingRunescape i mean people who primarily play the game the way it was intended. things will cost more and re-selling value will go down a lot.
Flipping is great right now because a lot of people stopped doing it, but I wonder what happens in the future as more and more people realise flipping isn't dead and start doing it. The GE interface isn't too great for calculating margins after tax and I assume a lot of people have trouble with it. Many commonly traded items already have negative post-tax margins and I think that's because people don't properly calculate the margins At that point flipping might become not worth doing for a lot of items, if the average margin for an item is eg 7m and the tax is 6.9m then you will lose money on more trades and that will really eat into your profits, or alternatively you must wait longer for each trade to maintain proper margins which also hurts profits. OSRS has had the tax for a while now, I wonder what's the state of flipping there now? Did the margins stay good or become bad
Economy is so fucked what I been doing was after double XP buy everything low and sell it again before next double XP it's literally the only way I make money by flipping now because of that tax people are stingy
flipping is probably the scummiest thing u can do to earn money. literally making profit off someone elses time & efforts. im glad its not as easy anymore.
You're confused as most people are. The GE mimics the bid/ask system that the stocks use. Without flippers the margins would be massive. Without flippers buyers would have to pay a fortune and sellers wouldn't get hardly anything, it probably wouldn't even be worth using the GE. Flippers supply a service by making the GE useable and keeping prices stable. NO ONE is having their time or efforts exploited I have no idea what you mean by that.
I just finished selling another batch a specific slayer item worth 100gp for 24k ea on the GE. find gaps in the market and exploit people who spam +20% for convenience.
I agree, I think flipping with the tax make it a bit more difficult for beginners but in the long run gives better results for advanced flippers because of better margins.
I've been waiting on you to cover this topic since the GE tax was announced ;)
As you stated in your previous video, how Jagex chose to display the price of the item you're selling and your earnings makes it a bit confusing, so hopefully they fix it. But it doesn't affect profits as much since the people selling the items that you buy to flip also receive the same tax, so it basically equals out.
This is about osrs but might still be interesting for rs3 players. I just ~3 weeks ago started flipping on my osrs account again, started with 120m (~1,5-1,8b rs3) and made 40m by now. Flipping is a bit trickier than it used to be but still works very well in osrs
Mind helping me out? I wanna get back into runescape but you may laugh, i wanna strictly play to flip.... lol
@@RickochetBO6 google for ge tracker. With that tool flipping, merching, investing, etc. becomes extremely easy.
Do you think Azure sunshines will be a viable long term hold? Based off of the last Asure scroll that hit max cash stack within 9 months of release. Sunshines are almost at the lowest they've been since release.
what if you are flipping something like a pwand or something? Something expensive, the 2% becomes quite large.
Just going to start f2p flipping on rs3, is there tax on f2p items?
Im watching this 3 months later, flipping NOW after this golden cape porter buff is viable but as a long term flip. Everyones lowering the price so I buy at sometimes -30% on items that will sell at next x2
havent flipped in awhile but im here to see whatsup with the updates
Is gold still inflationary in rs3? Or has the tax basically stopped more gold from entering the game?
Currently the whole market is dipping but overall Im sure it’s still inflating. The ge tax is doing some good work Im sure. Tax on a yellow hat sale is 750M+
Low value items are harder but I was making 30m per eldritch Crossbow for 3 days straight
I couldnt understand what you explained at 5:55
Please if someone can explain it to me in a reply id appreciate it a lot!
Its the only part i didnt fully get 😕
he is insta buying it to see what people are selling it for. He is then re-selling it for what he bought it for but paying 900k in tax to sell it.
He is then putting an offer in for 6mil less than he bought it for.
so he will lose 900k in tax for checking the price on the first one, he will then buy another for 6mil less and sell it for what he bought the first one for and pay another 900k in tax.
so in total he made 6mil but spent 1.8m in tax
@@johnbracewell3700 but when he bought it for 6mil less he was just guessing it would buy for that price right? This way skipping the lowest price check and saving that tax loss as well? Did i get it right?
@@camello321 that's correct 👍
@@camello321 A bit of a guess but I know the average and daily margins on every item so you can use those to find the buy. We have those in our discord too.
@@ManateeGamingRunescape thank you man🙏
Flipping with the new tax honestly isn't as bad as I'd thought
Flipped 200 millions to 1.5 billion my issue I have now the items I was buying for low and sold high are now high and I don't know what to buy at the moment
strangely, I feel like the tax improved my flipping. I am getting like 5m margins (profit after tax taken out) on items like nox staves now where as I was maybe getting like 2m margins before. I think the GE tax took a lot of flipping competition out of the game to be honest. It was so brainlessly easy to find margins and now it requires a little work and skill which eliminates a ton of competition. People probably try to flip and margin test, lose a few mils on the tax and dip out lol.
EDIT: I posted this before watching the video sorry. You basically said what I have theorized.
Less people = a lot more opportunities. I’ve had so many people tell me they do supplies only now.
It's going to make it harder yes but if you know what you are doing then you will make money
the tax is just going to be incorporated into the calculations for margins, it wont hurt merchers it'll just hurt the players.
Merchants are players.
@@ManateeGamingRunescape i mean people who primarily play the game the way it was intended. things will cost more and re-selling value will go down a lot.
I think it makes a very marginal difference for sellers sure, but I think the money sink is probably worth it.
Loving these vids
Flipping is great right now because a lot of people stopped doing it, but I wonder what happens in the future as more and more people realise flipping isn't dead and start doing it. The GE interface isn't too great for calculating margins after tax and I assume a lot of people have trouble with it. Many commonly traded items already have negative post-tax margins and I think that's because people don't properly calculate the margins
At that point flipping might become not worth doing for a lot of items, if the average margin for an item is eg 7m and the tax is 6.9m then you will lose money on more trades and that will really eat into your profits, or alternatively you must wait longer for each trade to maintain proper margins which also hurts profits.
OSRS has had the tax for a while now, I wonder what's the state of flipping there now? Did the margins stay good or become bad
Economy is so fucked what I been doing was after double XP buy everything low and sell it again before next double XP it's literally the only way I make money by flipping now because of that tax people are stingy
flipping is probably the scummiest thing u can do to earn money.
literally making profit off someone elses time & efforts.
im glad its not as easy anymore.
Im not sure what you mean?
You're confused as most people are. The GE mimics the bid/ask system that the stocks use. Without flippers the margins would be massive. Without flippers buyers would have to pay a fortune and sellers wouldn't get hardly anything, it probably wouldn't even be worth using the GE. Flippers supply a service by making the GE useable and keeping prices stable. NO ONE is having their time or efforts exploited I have no idea what you mean by that.
haha
Do you ever doing some pvm ? 😁
Quite a lot now since combats only for 5.6.
Maybe you do sometimes some pvm content i would love to see how you doing 😁 maybe from scrach series 😁
Good Stuff
It's generally dead for some low margin items :') certainly loves to punch you while you're down indeed
I just finished selling another batch a specific slayer item worth 100gp for 24k ea on the GE.
find gaps in the market and exploit people who spam +20% for convenience.
I just gather stuff myself and sell
We all do, but flipping is something to do while doing that.
:)
Ur literally making videos about ruining the game
What? If you watch the video, it's not actually ruined.
How is flipping ruining the game? Does not bring more money in to the game u knob
@@andreas-uq5td Flipping actually helps the game now. Flippers remove tons of gold.
Can i add u on rs3? I flip like crazy we can prob make some bank
Just join our community
Hey, wanna add me?