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Green Santa Hat discussion

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Destruction

Destruction

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Theos said :
The Atlantis said :
Mgamer said :
I have told people on social media that it's confirmed not discontinued over and over again. Somehow, they always manage to come up with some reason as to why it isn't. Pretty amazing.


Ikr, I think it's pretty hilarious

There's players trying to Twist what Mod Hooli said, even tho he perfectly stated that it's NOT a discontinued item xD

That's enough for me, not to get one or invest in it, I'll just wait another year and try my luck with presents

With how much money Jagex made because of it, I am 100% sure they will do the event again next year, or perhaps earlier, who knows


Keep in mind, even if it isn't discontinued it is possible it can sustain max + prices. There's plenty of other rare items, dyes for example which maintain these prices. If it comes back yearly, that's enough to stunt the growth of this item but based on current rarity and demand I don't see it dropping below max cash this year.

I do think Mod Hooli, and/or a developer J-Mod should be very clear about their intentions with the Green Santa hat so that players who are investing in them know what to expect.


Not a good example as dyes are getting used, you cannot use a hat, they will just keep increasing in numbers. Of course dyes can increase too but a lot of players buy them to use them and effectively remove them from the game, combine that with extreme rarity of them and you'll get your answer. GSH is indeed very very rare but you saw how hard they dropped even though Santa is very popular as item, people just don't like to pay huge ammounts for something that will keep returning, unfortunately. I'm also not interested in it anymore and I was before that.
The action or process of causing so much damage to something that it no longer exists or cannot be repaired.

22-Dec-2021 17:48:27 - Last edited on 22-Dec-2021 17:49:46 by Destruction

DofIamingo
Nov Member 2023

DofIamingo

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Theos said :
The Atlantis said :
Mgamer said :
I have told people on social media that it's confirmed not discontinued over and over again. Somehow, they always manage to come up with some reason as to why it isn't. Pretty amazing.


Ikr, I think it's pretty hilarious

There's players trying to Twist what Mod Hooli said, even tho he perfectly stated that it's NOT a discontinued item xD

That's enough for me, not to get one or invest in it, I'll just wait another year and try my luck with presents

With how much money Jagex made because of it, I am 100% sure they will do the event again next year, or perhaps earlier, who knows


Keep in mind, even if it isn't discontinued it is possible it can sustain max + prices. There's plenty of other rare items, dyes for example which maintain these prices. If it comes back yearly, that's enough to stunt the growth of this item but based on current rarity and demand I don't see it dropping below max cash this year.

I do think Mod Hooli, and/or a developer J-Mod should be very clear about their intentions with the Green Santa hat so that players who are investing in them know what to expect.


I disagree with this completely chief. Personally i think it'll drop into ge once the th promo for scythe and wreath starts since influx of increased paper drops from th and skilling (they are increasing paper drop rates).

Also, they don't need to clarify what they have already said. They said very specifically that the gold phat would be discontinued, therefore they made it available for everyone to get rather easily.

GSH/scythe/wreath are from a th/chance promo just so people buy keys. That they have said they are open to bringing back. This CONFIRMS it will never be discontinued.

It's a different marketing strategy since one was to make money and the other was low cap access.

22-Dec-2021 18:15:33

Theos
Aug
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2008

Theos

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@ Destruction - Dyes are just an example, but conceptually you get my point. Maybe those weren't the best example, but there are other items which aren't discontinued (but scarce) which maintain GE values above max. Hazelmere ring, Tony's Mattock, what other nonconsumable items have maintained GE prices above max that weren't discontinued?
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22-Dec-2021 18:18:47

DofIamingo
Nov Member 2023

DofIamingo

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No they do not need to use the exact words that GSH is coming back next year for definite simply because it makes you THINK its a one off so you buy more keys.

I just think it's funny that we have people including forum mods shilling this like it's a once in a lifetime opportunity, and a lot of sheep will fall off a cliff cause of it.

We can always hope that people will bottleneck the supply though. But if you have to hope for people to not dump on you to make money then it's a pretty poor choice imo

22-Dec-2021 18:22:46

DofIamingo
Nov Member 2023

DofIamingo

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Theos said :
@ Destruction - Dyes are just an example, but conceptually you get my point. Maybe those weren't the best example, but there are other items which aren't discontinued (but scarce) which maintain GE values above max. Hazelmere ring, Tony's Mattock, what other nonconsumable items have maintained GE prices above max that weren't discontinued?


Signet rings and other high level gear/tools are also a poor choice imo as they have an actual use, and items like signet rings which have the chance to double a drop will always have relevance, especially with inflation

GSH isn't confirmed discontinued not does it have a purpose other than to be a mock bsh

I think everyone already knows deep down that they regret releasing bsh/wreath/scythe and confirming them as discontinued. That's why they're releasing these ones. So if they shill them out like turkeys they won't get flamed as much

22-Dec-2021 18:24:58 - Last edited on 22-Dec-2021 18:26:23 by DofIamingo

Theos
Aug
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2008

Theos

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DofIamingo said :
No they do not need to use the exact words that GSH is coming back next year for definite simply because it makes you THINK its a one off so you buy more keys.

I just think it's funny that we have people including forum mods shilling this like it's a once in a lifetime opportunity, and a lot of sheep will fall off a cliff cause of it.

We can always hope that people will bottleneck the supply though. But if you have to hope for people to not dump on you to make money then it's a pretty poor choice imo


I never once said it wasn't returning, for the record. My assertion was that items can be valuable even if they aren't discontinued. Mod Hooli's post on Reddit clearly eludes to the fact that it is returning, and I tell people to exercise caution when making any form of investments.

That doesn't change the fact that this could be a decent short-term investment depending on the bottom. We've seen price fluctuations from 2.2b - 5b this past week on Green Santa hat.
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22-Dec-2021 18:51:01

The Atlantis
Nov Member 2023

The Atlantis

Posts: 508 Steel Posts by user Forum Profile RuneMetrics Profile
@Theos

Yup, that is true, we see items like 2a reach max cash sometimes, because of the low volume, it can happen with the Green Santa hat too

But,

My main point is, it won't keep increasing in-price overtime, like the original discontinued items, that's why I just won't invest in it

I think, the rarity of it will keep it at a somewhat decent price, I'd say like 1b-1.5b

Then every year, it will keep decreasing and decreasing, while original discontinued items will keep increasing and increasing

22-Dec-2021 18:55:27

Theos
Aug
fmod Member
2008

Theos

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The Atlantis said :
@Theos

Yup, that is true, we see items like 2a reach max cash sometimes, because of the low volume, it can happen with the Green Santa hat too

But,

My main point is, it won't keep increasing in-price overtime, like the original discontinued items, that's why I just won't invest in it

I think, the rarity of it will keep it at a somewhat decent price, I'd say like 1b-1.5b

Then every year, it will keep decreasing and decreasing, while original discontinued items will keep increasing and increasing


2nd age isn't discontinued, and has certainly risen over time (I believe several pieces are max+). Apples to oranges, I know...but I think there are multiple examples out there of items which aren't discontinued which have went up. The iconic nature of the Santa hat on Runescape will very well leave these desirable. Now, I know 2nd age is a super scarce item that has been hoarded by merchants. The same can, and will happen to GSH if the change in paper rates and the influx in game is minimal. This is still speaking about the short-term (3-6 months, in my opinion).

I still think that limited release items such as this GSH can do pretty well in the short-term (and maybe long-term depending on inflation and frequency of rereleases). It isn't my top investment pick. Let's see how the change in paper rates on the 25th affects the prices. With golden presents at their current rarity, there will need to be a huge buff to significantly influence the prices of GSH. In my opinion, GSH may already be pricing that in.
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22-Dec-2021 19:20:00

KorbenDalass
Jan Member 2021

KorbenDalass

Posts: 55 Iron Posts by user Forum Profile RuneMetrics Profile
Theos said :
The Atlantis said :
@Theos

Yup, that is true, we see items like 2a reach max cash sometimes, because of the low volume, it can happen with the Green Santa hat too

But,

My main point is, it won't keep increasing in-price overtime, like the original discontinued items, that's why I just won't invest in it

I think, the rarity of it will keep it at a somewhat decent price, I'd say like 1b-1.5b

Then every year, it will keep decreasing and decreasing, while original discontinued items will keep increasing and increasing


2nd age isn't discontinued, and has certainly risen over time (I believe several pieces are max+). Apples to oranges, I know...but I think there are multiple examples out there of items which aren't discontinued which have went up. The iconic nature of the Santa hat on Runescape will very well leave these desirable. Now, I know 2nd age is a super scarce item that has been hoarded by merchants. The same can, and will happen to GSH if the change in paper rates and the influx in game is minimal. This is still speaking about the short-term (3-6 months, in my opinion).

I still think that limited release items such as this GSH can do pretty well in the short-term (and maybe long-term depending on inflation and frequency of rereleases). It isn't my top investment pick. Let's see how the change in paper rates on the 25th affects the prices. With golden presents at their current rarity, there will need to be a huge buff to significantly influence the prices of GSH. In my opinion, GSH may already be pricing that in.


Yeah I think people are getting too focused on the lack of discontinuation, it's still a santa that by all accounts is very hard to get from wrappers. An item doesn't have to be fixed supply to go up in price a lot, demand just has to out-strip supply and if these santas are a once a year thing at maximum and are always this hard to come by...

22-Dec-2021 19:37:52

Destruction

Destruction

Posts: 63,021 Emerald Posts by user Forum Profile RuneMetrics Profile
Theos said :
@ Destruction - Dyes are just an example, but conceptually you get my point. Maybe those weren't the best example, but there are other items which aren't discontinued (but scarce) which maintain GE values above max. Hazelmere ring, Tony's Mattock, what other nonconsumable items have maintained GE prices above max that weren't discontinued?


DofIamingo explained this very very well, nothing more to add from my side.
The action or process of causing so much damage to something that it no longer exists or cannot be repaired.

22-Dec-2021 19:57:14

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