does anyone know why iron ore is lowering its price?

The top 1/10th of the 1% of players own 50% of the iron ore in this country. I believe iron ore is a human right, and as president, I'll tax the top 1% and regulate Big Mining to ensure that this economy works for everyone, not just the millionaires and billionaires. 

._. WHAAAAAAAAT?

case 1: More supply

case 2: Less demand

7 minutes ago, Kramnik said:

case 1: More supply

case 2: Less demand

not make sense.

1 hour ago, Prototype G said:

not make sense.

This is not always correct, as often RSBuddy shows amount traded less than official OSRS g.e. page. Btw saw someone today selling 6,5m iron ores so I guess it will go down much more  

2 hours ago, Kramnik said:

This is not always correct, as often RSBuddy shows amount traded less than official OSRS g.e. page. Btw saw someone today selling 6,5m iron ores so I guess it will go down much more  

I have more than 1 year in rs and I see the iron ore since about 180, would Jagex really let the price go down so much?

17 minutes ago, Prototype G said:

I have more than 1 year in rs and I see the iron ore since about 180, would Jagex really let the price go down so much?

Uhh dude look what happened to oak logs like a year or two ago. They use to be like 90 now there what like 15? And they droppped to like 30 in 2 months.

10 minutes ago, Gunman said:

Uhh dude look what happened to oak logs like a year or two ago. They use to be like 90 now there what like 15? And they droppped to like 30 in 2 months.

ohh well i guess an iron ore farm is going to die 😛

1 hour ago, Prototype G said:

I have more than 1 year in rs and I see the iron ore since about 180, would Jagex really let the price go down so much?

They dont really have tools to fight it unless they start banning bots more effectively and in any case there is no incentive because if iron ore price is high more people will want to bot it.

And it's the reason why F2P botting is shit. Because Jagex really wants to fight it, by detection, account locks and don't really care about money making methods since there is no F2p money making that is 150k/h+ which you can bot. The reason being that F2p botting doesnt have any incentive to jagex as P2p does because it raises bond prices and they make more money.

Edited December 11, 20196 yr by Kramnik