Khaleesi Posted May 11, 2015 Posted May 11, 2015 Those of you who are not familiar with the concept, basically you buy out stuff from the GE until the price goes up A LOT and then you put it all in there and make $$$. --> Cruel and his closest friends buy it before they tell VIP ^ Price goes up ----> Item released to his VIP members who buy then tell their friends ^ Price goes up even more -----> VIP members leak to their closest friends ^ Price goes up slightly more --------> Cruel and his closest friends dump their items before they tell the VIP Price goes down -----------> Tell VIP Members to dump who dump then tell their friends Price starts crashing --------------> VIP tell their friends to dump Price is crashing hard VIP and their friends could lose money but the top of the chain won't ever lose. This is how GE merchanting works, I've been in several 'teams' and even been in the staff of one back in the day. Good luck 3
Hermitrage Posted May 11, 2015 Posted May 11, 2015 the fact that the guy leading this GE merching always makes a shit ton of money makes me uncomfortable. As someone below, you never know if you're gonna lose money or not. Like back in the day with smoking mills, this guy basically just scammed everyone by making the items he bought, worth a lot more. he promised they could make profit even though you couldnt buy or dump the items once they were revealed. 2
guer Posted May 11, 2015 Posted May 11, 2015 Like a ponzi scheme, it just seems like it will benefit the owners. 2
Cruel Posted May 11, 2015 Author Posted May 11, 2015 What a lot of people aren't realizing is that merching is not all we do... Also the idea behind this very small aspect of our site (which is merching), is that the people who lose money will be people from outside the clan. Realize also that merching gets just as much attention or as little, as any other aspect of our site. If you are joining simply to merch, this probably is not the clan for you. Like I've been saying... this type of thing has never been done in the Runescape community. It will be new for all.
