C.A. Jacobs

jirvaerka:

actualborossoldier:

obi-one-drop:

actualborossoldier:

goblintinkering:

bisexualzuko:

geoducks:

When i was like 13 was allowed to use the internet unrestricted for the first time and i spent a lot of time on Runescape. One of the people i talked to on there was this person who had much higher levels than me in every skill and had, to my perception, a seemingly overflowing amount of game resources. One day i was taking about wishing i could get gold ore to level my smithing and not having access to any and they like “here, you can have this gold that i have” and just gave me this big stack and i was like “i don’t even have anything to offer back”. They told me they didn’t need anything and just wanted to be nice. I said that they didn’t have to and what they told me honestly has stuck with me since, they said “life’s too short to spend it being mean to people” and like it’s such a simple thing to say but combined with their actions and the weight they bore to me at the time was hugely influential on my outlook on life and the way i treat others. I don’t know who that person is but they changed my life that day and I’m so thankful to them.

high level MMO-ers are either the nicest people on earth or the spawn of Satan there is no in between

Runescape was a big part of my formative years for better or worse. Age twelve left me impressionable at best and the free lobster this guy gave me one day just stuck with me. We fished together for days on end and we talked about our parents and stuff. If you’re out there NinjaKirby69 I miss you buddy.

I forgot to type it up yesterday but one of my best experiences didn’t even involve me. It was when my younger sister, Runescape user cooldudetha, crashed the steel market single-handedly out of sheer boredom.

I need to know this story

So if you’re not aware, Runescape has the Grand Exchange, which is basically a global trade market controlled by supply and demand. It’s an incredible system, and deserves a lot of commendation. 

Well one day back in…I think Summer between 2010-2012? my younger sister and I had nothing to do but play Runescape in our free time. I did what all aspiring heroes do, I was happy to go out and commit mass goblin murder. My sister was more creative. At first she went to train Smithing in Al Kharid, which is this desert area with easy access to iron, coal, a player bank, and a smelter. So basically she made craploads of steel for hours on end for like a week. But then she realized she had nothing to do with the steel. She could go find a smith with an anvil and train Smithing further, but that was boring since she’d already been grinding forever. So she went to the Grand Exchange and sold it all. 

Thousands of units of steel ingots. 

And it sold like immediately, since there was always a large amount of people training Smithing at the level they could use steel.

Obviously she became fabulously wealthy and didn’t know what to do with her newfound wealth. But since she spent a lot of time at the Exchange, she knew basically how the market worked. I’m not 100% sure on what the thought process was for her, but she essentially realized a basic economic principle: If she could control the supply and demand for steel she could accelerate her profit margins. 

So like any reasonable 12-14 year old, she bought out about twice as much steel as she sold. Flooding the market had almost halved the price, and she now was both the supply and demand. Of course, as a result of some mystery person buying tons of steel, the price went up again. So she went and sold it at the higher price. She spent about another week or two playing Carnegie before it got old and she retired to Lumbridge with fat stacks of gold and the finest armor money could buy (but she couldn’t wear due to low Defense level). 

I found out from a friend later who was part of one of the big trade guilds that the big market guilds were all pissed that somehow the steel market had crashed, skyrocketed, then crashed in quick succession for no goddamn reason and all of them had lost thousands of coins in the process.

My favorite thing about this is that it validates my entire Master’s Degree. This. This is how games can develop incidental learning and teach kids valuable lessons. This 12 year girl figured out, and manipulated, a free market economy because she was bored. She was able to recognize, understand and utilize a fundamental principal of economics to entertain herself.