September 14, 2009

Runescape Economy: 76king.

Hey guys, today I'm going to talk about the "Demise" of Runescape's economy. I personally, think that all item's prices didn't rise only because it was summer and alot of people were playing, I actually think it was because of inflation, caused by the infamous "76king" trick. This is how I think of it...People only do the 76k trick because they make money right, so they obviously make more money per loss of 76k. What this means is that they have a way higher chance of making a profit then losing money. The profit they makes comes in the form of statuettes, these items aren't worth anything but GP, you trade them for cash. If the items you would get were Dragon Full helms or Dragon Fire shields then the supply of those items would rise, making they're price not rise as much as it would, or even drop, but no, these are statuettes which are worth nothing more then GP. What this means is that the more statuettes are dropped, the more money comes into the game. If it were any other item, it wouldn't affect the economy as much because it's making the supply of that item go down. Instead, people doing this "76k" trick end up with alot of money they'd like to spend. Then, all of them go to the GE and they go"Shopping", they buy like crazy and most items prices go up. Nothing is affecting the stock but the demand sores higher and higher because people have more money to spend. This is called inflation, all items rise higher and higher because of the overflow of GP. GP is worth very little when inflation occurs and all items go up. In conclusion, in my opinion all these "76kers" are ruining the economy, little by little, but surely. It's a degrading and disrespectful way of earning money, there is no risk involved, and your using a loophole in the system to make your money, utterly disgusting. Jagex better fix this soon and it'll probably fix Runescape's economy as well.

Onto what I did today, I did quite a few stars and a Yew Evil tree and an Elder evil tree. Didn't get much off the Yew since I lagged out and only got 9 magical banking minutes. The complete opposite happened at the Elder Evil tree. Got my 30 magical banking minutes and got to 13.75m Woodcutting exp off of it. The stars were nice as well, got around 50-60k Mining exp off of them.

Here are some pictures of 2 of the Stars I did today:

Here are the rewards you get from the star when you have 200 Stardust and a picture of the star once you mine it completely.


These are two pictures of the Elder Evil tree I did today:


4 comments:

Alex said...

Nice blog David. Following it now :D

I would recommend you get a new layout tho - the basic blogger ones aren't great and it's very narrow.

Might make a post about that...

David7raul said...

Oh yeah, thanks for the suggesiton. I'll definitely change that now, I knew somehting was wrong but I couldn't put my finger on what exactly :P. Thank you.

Ovi shwan said...

Hey i like your blog i am following it now i recently made my own if you would like to check it out. anway i totally agree with the fact the 76k'ing is ruining the economy and is a dirty way of making money. Jagex needs to do something.

http://www.ovishwan.wordpress.com

Vaskor said...

Yeah, 76king is surely the main reason for the inflation. Jagex tried to stop it once, but the latest PvP update fell short on fixing it. I kind of hope, they still have it on their radar.