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Dr Goldfire
May Member 2012

Dr Goldfire

Posts: 2,553 Adamant Posts by user Forum Profile RuneMetrics Profile
Jeremy Cheng said :
Probably not. Not a true discontinued rare, more like 1/2 of a rare since there could still be players with unused presents.

EDIT: Presents were removed from the game on 21 January 2013.
Everything, ranging from sub-atomic particles to galaxy clusters, has its dynamics predefined. And then there are people claiming that systems like economy, society or other human sub-systems are in our hands.

A girl without freckles is like a night without stars.

26-Jun-2020 15:22:46 - Last edited on 26-Jun-2020 17:58:10 by Dr Goldfire

I Am Jeff
Jul Member 2019

I Am Jeff

Posts: 173 Iron Posts by user Forum Profile RuneMetrics Profile
Dr Goldfire said :
Yet as long as I combine the above facts, my personal guess is that current rarity of Christmas tree hats could be somewhere within a range between RSH and BSH.


I agree with his sentiment that the rarity is in between RSH and BSH. Based on my research with CTH it seems to be being held down by a massive collector of them. My guess is someone has secured most of them while they were very low price and is able to hold the price below 100M due to the hats popularity not being on the same scale as other rares.

Think - If someone owns couple thousand of them. Puts them all for sale at 100M. People will purchase, hold for a little while, see no increase, and dump for cheaper. The person with the wall at 100M will buy everything below 100M and repeat. The only way it can be overcome is if enough people are buying that it overcomes the wall. The last time CTH was able to break the 100M barrier, I heard they rose to nearly 250M ea.

Another point to note - prior to all the influx of inflation from the possible dupe the CTH was at approx. 95-100M.. after all that GP in the game, it still at 100M. While everything from eggs to blues have jumped drastically.

my 2 pennies. :P

27-Jun-2020 01:13:07 - Last edited on 27-Jun-2020 01:14:55 by I Am Jeff

I Lack Heart
May Member 2016

I Lack Heart

Posts: 947 Gold Posts by user Forum Profile RuneMetrics Profile
I Am Jeff said :
Dr Goldfire said :
Yet as long as I combine the above facts, my personal guess is that current rarity of Christmas tree hats could be somewhere within a range between RSH and BSH.


I agree with his sentiment that the rarity is in between RSH and BSH. Based on my research with CTH it seems to be being held down by a massive collector of them. My guess is someone has secured most of them while they were very low price and is able to hold the price below 100M due to the hats popularity not being on the same scale as other rares.

Think - If someone owns couple thousand of them. Puts them all for sale at 100M. People will purchase, hold for a little while, see no increase, and dump for cheaper. The person with the wall at 100M will buy everything below 100M and repeat. The only way it can be overcome is if enough people are buying that it overcomes the wall. The last time CTH was able to break the 100M barrier, I heard they rose to nearly 250M ea.

Another point to note - prior to all the influx of inflation from the possible dupe the CTH was at approx. 95-100M.. after all that GP in the game, it still at 100M. While everything from eggs to blues have jumped drastically.

my 2 pennies. :P

Thats is because its not inflation that is affecting the prices of rares but people hype buying rares because they dont understand how insignificant amount of money was actually introduced to the game. Always look at bond price if you want to know if there has been large injection of wealth to the game because they are directly linked to osrs bonds and swap rates, none of them had any change during the duping, in fact bond was at 17m when the duping was happening.

27-Jun-2020 12:43:05

I Am Jeff
Jul Member 2019

I Am Jeff

Posts: 173 Iron Posts by user Forum Profile RuneMetrics Profile
I see bonds differently. I see what your saying, but I believe there are more prevalent factors at play with bonds. My current understanding is that bonds could not be duped. Bonds were falling (from all time highs) to where they were when the supposed dupe occurred (like you said approx. at 17M). Now they have risen to approximately 21-22M. I think the biggest influence specifically for bonds is the daily amount purchased which directly correlates to buying power.

For example:

Santa 800M = ~47 bonds (@17M ea)
Santa 1.4b = ~67 bonds (@21M ea)

Decreased buying power results in less purchased and entering the game. Current Yak does create more demand and purchases, but most purchased for Yak are consumed. Which in turn is slowly raising bond prices again.

27-Jun-2020 23:50:49 - Last edited on 27-Jun-2020 23:53:30 by I Am Jeff

Jeremy Cheng
Aug Member 2013

Jeremy Cheng

Posts: 25,655 Sapphire Posts by user Forum Profile RuneMetrics Profile
Dr Goldfire said :
Jeremy Cheng said :
Probably not. Not a true discontinued rare, more like 1/2 of a rare since there could still be players with unused presents.

EDIT: Presents were removed from the game on 21 January 2013.

You're right, my bad. I should have looked at the wiki page for the presents more closely.

28-Jun-2020 00:04:36 - Last edited on 28-Jun-2020 00:05:15 by Jeremy Cheng

I Lack Heart
May Member 2016

I Lack Heart

Posts: 947 Gold Posts by user Forum Profile RuneMetrics Profile
I Am Jeff said :
I see bonds differently. I see what your saying, but I believe there are more prevalent factors at play with bonds. My current understanding is that bonds could not be duped. Bonds were falling (from all time highs) to where they were when the supposed dupe occurred (like you said approx. at 17M). Now they have risen to approximately 21-22M. I think the biggest influence specifically for bonds is the daily amount purchased which directly correlates to buying power.

For example:

Santa 800M = ~47 bonds (@17M ea)
Santa 1.4b = ~67 bonds (@21M ea)

Decreased buying power results in less purchased and entering the game. Current Yak does create more demand and purchases, but most purchased for Yak are consumed. Which in turn is slowly raising bond prices again.

demand on bond was directly affected by yak track, during while the duping was going and after the puggers video price didnt change much at all, it was only at yak track that they started to raise back from low 18mill to +21m, meaning inflation has nothing to do with it.

reason why bond price has direct link is because of osrs, swaprates for osrs to rs3 and vice versa didnt change during duping and its announcing taking place.

point number two: we would have seen about 10% price change on everything, because that seemed to happen to party hats, so my conclusion is that it was not caused by inflation but a hype that inflation has increased the prices, leading players to buy rares being scared the prices are going to blow up due to this and they might miss out.

28-Jun-2020 21:27:19

I Am Jeff
Jul Member 2019

I Am Jeff

Posts: 173 Iron Posts by user Forum Profile RuneMetrics Profile
I see what your saying, but I still disagree. Maybe the Yak is affecting bonds prices at a greater degree currently but the Dupe definitely affected the prices across the board. There may be lag times for the gold hitting the market before it truly influences the bonds prices aswell. Additionally, there are other methods to see how gold was affected.

Regardless - Let us refocus on CTH -

Even if you think the current inflation to nearly all rares has nothing to do with the duping. Anyone who was holding those rares or has any common sense, made hundreds of mils or even bils in the current rise. The only people hurting are people who just hold shards/gold. With that said - CTH is definitively rarer then Santa. Yes I know it does not have wearing appeal, which is worth something, but it is still considerably more rare.

I have tried to identify anyone who holds CTH, and have never found anything significant. I just have reports of 3-4 people with approximately 300-600 ea with the general public owning zero to one at best. (Anyone know of any big collectors?)

My current best estimates are approximately 7.5k BSH, 9-12k CTH, 45k Santas

Rough Idea of Market Cap:

7.5k BSH x 7.5b = 56.25 Tril
45k RSH x 1.3b = 58.5 Tril
12k CTH x 100M = 1.2 Tril

24k CTH x 100M = 2.4 Tril (Even if my estimate of 12k CTH is off by 200%)

I am not trying to say CTH should be worth more than Santa, I just believe CTH is extremely under valued at 100M. I believe an artificial wall at 100M is what is preventing the hat from being where it should be.

28-Jun-2020 23:30:46

Hunterdudex
Aug Member 2018

Hunterdudex

Posts: 75 Iron Posts by user Forum Profile RuneMetrics Profile
Jeremy Cheng said :
Probably not. Not a true discontinued rare, more like 1/2 of a rare since there could still be players with unused presents.


By that logic no partyhat is truly discontinued as long as there are christmas crackers left in the game - which would probably be a true statement since we can never say for sure that a certain colour of partyhat is discontinued as long as there is still at least one christmas cracker left. That is, if your definition of a discontinued item is an item that can no longer enter the game.

11-Jul-2020 06:58:44

Hunterdudex
Aug Member 2018

Hunterdudex

Posts: 75 Iron Posts by user Forum Profile RuneMetrics Profile
Dr Goldfire said :
I Lack Heart said :
God owns all said :
will they rise?

they have very niche market and look terrible, so you have to wait long time to have much financial benefit unless someone with too much cash starts to collect them. thats pretty much their only value, as collection pieces.

Look is very subjective feature and hardly considered at pricing. For me, third-age melee looks much better than second age. Which one is more expensive?

Looks clearly matter; red partyhats are the third most expensive partyhats even though being the most common (well, after purples because of the pink partyhat glitch back in the day). Also white partyhats are more common than green partyhats, yet they're nearly twice as expensive as their green counterparts.

11-Jul-2020 07:04:27

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