RuneScape Forum Archive | Golden Partyhat Discussion

RSGOTMEFATT

Posts: 302 Silver Posts by user Forum Profile RuneMetrics Profile

I been buying these daily since release, decent collection now, small moves make me lose/make bills lol. Now I can take long breaks from rs and not come back to a re-release and a bank loss if jagex keeps their word lmao. My guess is they will rise at a slow pace first then pick up after a year or two but expect walls. I'll probably hold them till the last days of rs if they don't come back.

Grand Exchange: Finished buying 1 x Christmas cracker

23-Jan-2022 05:45:25

Apr

2020

Virir

Posts: 6 Bronze Posts by user Forum Profile RuneMetrics Profile

Established said :
^ some were done in that time with being extremely lucky with shards but the majority weren't. I farmed around 50, training 6 at a time.

The methods i used:

- I'd start by speaking to the Wize old man then finished the quest.

- Trained Divination. using 6 accounts on 1 wisp makes the timer last until you have full inv for maximum afk.

- Trained Firemaking

- Aggro Pot rabbits in Burthorpe until yak track was on the 15th task

- Make a boss instance at Arch-Glacor with 6 alts leeching kills from my main account with an average kill time of 15 seconds. As long an account got a hitmark, it would gain marks of war and nice exp drops. I would also use ring of recoil to ensure more accounts could hit the boss in 15 secs.

- Finish combat shard on rabbits if the shard was still needed.

- Half way through the boss shard, yak track level 15 would have been achieved.

- Finally, i would buy the 30m shard.

This is B o's said friend- no account surpassed 14 hours once I had the method down, fastest was done in 7h24m. Started with 6 at a time, then 8, then 10

Assuming 10 accounts at a time:

1. Create accounts, 8 mining 2 questing, rotate until all quests are done, and moving them to 0 heat smithing once mining stamina unlocked. Do yak track task 1 (talk)

2. Smith until artisan shard, then aggro pot+sacrifice scrim+festive aura chickens for 30 magic/defence

3. Start glacor instance, heal group main after each kill. Did 20 kills (500 marks) before going back to mining. Do yak track task 7 (donate)

4. Once mark of war CD ended, go back to glacor for 3 hours for shards (no account surpassed 3500 marks for shard)

5. Skip yak track task 10, do divination, skip 12, prayer task, claim task twice. Lamp craft to 20 (so yak track xp req is based on level 1), cut sapphires & rubies for task 15

6. Finish gathering shard, claim from wise old man, buy shard

https://i.imgur.com/is0T2az.png 5 days since I went away for Christmas

24-Jan-2022 03:44:55

kanamari

Posts: 26 Bronze Posts by user Forum Profile RuneMetrics Profile

I think this could be an interesting week for GPHs. We are sort of in a phase shift now that more of the critical mass of them has gradually moved from "average players" or short-term hype speculators over to long-term investors over these last few weeks.

24-Jan-2022 04:56:27

Mar

2014

ELITE STACK

Posts: 8,082 Rune Posts by user Forum Profile RuneMetrics Profile

The Atlantis said :
It looks like you guys have too much hope for these fake hats.

It will be so common, that I don't even think that it will hit the 10m mark. It will be considered junk, and that's my honest opinion.

The supply, which will be over 25k+ is just a lot.

I do think that players will start stocking up on them, because let's look at the history of rares... they all increase in price, but I think it will take at least 15 years to see an increase in price for the Golden hat, and even then, it might only hit a 100m mark

Start of thread

I need my blue charms back.

26-Jan-2022 03:10:17

Mar

2014

ELITE STACK

Posts: 8,082 Rune Posts by user Forum Profile RuneMetrics Profile

The Atlantis said :
Actually, the first Golden Partyhat was sold for 6b, lots got sold for max cash too. So you're wrong AGAIN *pretends to be shocked*

As I said 10000000000 times before on this thread, the price reflects the supply and demand.

Why can't your little brain understand this?

Golden Phat has been between 400-700m since release pretty much now, and YES, the majority has entered the game, believe it or not, that's on you.

You state: "

Every other single case of a modern rare has seen it drop from its launch value and hover at well under it for months to years before going up

."

When:
1. Black Santa rose from release date.
2. Wreath rose from release date.
3. Xmas scythe rose from release date.
4. Christmas Tree hat rose from release date.
5. Pet of seasons rose from release date.

and everything else that isn't tokens.

I was literally here when all of these items got released, and I was collecting and holding most of them. I have witnessed what happened and what IS happening now with golden partyhats. You're a fool if you think that these are junk and that they will drop to 200m lmao

I can't wait to find you in a year and laugh at you when the Golden Partyhat hits 3b+

I would bet 50b it wont be max cash by the end of 2022.

I need my blue charms back.

26-Jan-2022 03:14:33

Nov

2023

The Atlantis

Posts: 508 Steel Posts by user Forum Profile RuneMetrics Profile

@Elite Stack,

If you look at the time I posted the first post, it was on 16th November, a week BEFORE the golden partyhat was released, and without any data whatsoever.

We also thought back then, that everyone could get it pretty easy, which wasn't true, as it turned out, you had to spend at least 15+ hours to collect all the shards. It wasn't as easy as most of us thought, and therefore I had my opinion changed

26-Jan-2022 11:11:05

Apr

2012

Finance

Posts: 56,428 Emerald Posts by user Forum Profile RuneMetrics Profile

Bumping this up, now that golden partyhats have been discontinued for a couple months. They're near an all-time low of 280-290m each.

Like most "modern" rares, the price of GPH dropped after GPH were discontinued. Even the venerable black santa hat dropped for a few months before finally starting to rise toward the end of March 2014. Christmas scythes didn't start rising until May 2015.

Anyone want to make predictions about where GPH prices go from here?
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22-Mar-2022 04:14:28

Aug

2008

Theos

Forum Moderator Posts: 23,574 Opal Posts by user Forum Profile RuneMetrics Profile

Finance said :
Bumping this up, now that golden partyhats have been discontinued for a couple months. They're near an all-time low of 280-290m each.

Like most "modern" rares, the price of GPH dropped after GPH were discontinued. Even the venerable black santa hat dropped for a few months before finally starting to rise toward the end of March 2014. Christmas scythes didn't start rising until May 2015.

Anyone want to make predictions about where GPH prices go from here?

Holly Wreaths followed a similar trend. I bought about 25 or so for 500m each and sold near the low of around 250m each in the same year. This drop followed by a steady, and consistent rise over time.

I think Golden Partyhats are priced very well at this price point, and will do well long-term. Do I see them hitting 10b anytime soon? Probably not. Do I think 2x -4x pricing can happen over the next 1-2 years? Absolutely.

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22-Mar-2022 12:46:38

Apr

2012

Finance

Posts: 56,428 Emerald Posts by user Forum Profile RuneMetrics Profile

Theos said :
Holly Wreaths followed a similar trend. I bought about 25 or so for 500m each and sold near the low of around 250m each in the same year. This drop followed by a steady, and consistent rise over time.

I think Golden Partyhats are priced very well at this price point, and will do well long-term. Do I see them hitting 10b anytime soon? Probably not. Do I think 2x -4x pricing can happen over the next 1-2 years? Absolutely. Yes, looks like Holly Wreaths started rising in June 2015. So history suggests GPH will reach its low point within the next 1-2 months.

I think 2x - 4x in the next 1-2 years is optimistic, but I think that GPH is at least 400-500m by the end of 2022.
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22-Mar-2022 14:54:44 - Last edited on 22-Mar-2022 17:24:26 by Finance

Aug

2008

Theos

Forum Moderator Posts: 23,574 Opal Posts by user Forum Profile RuneMetrics Profile

Finance said :
Theos said :
Holly Wreaths followed a similar trend. I bought about 25 or so for 500m each and sold near the low of around 250m each in the same year. This drop followed by a steady, and consistent rise over time.

I think Golden Partyhats are priced very well at this price point, and will do well long-term. Do I see them hitting 10b anytime soon? Probably not. Do I think 2x -4x pricing can happen over the next 1-2 years? Absolutely. Yes, looks like Holly Wreaths started rising in June 2015. So history suggests GPH will reach its low point within the next 1-2 months.

I think 2x - 4x in the next 1-2 years is optimistic, but I think that GPH is at least 400-500m by the end of 2022.

Yep, of course there's other nuances that can and likely will affect the trend of the Golden Partyhat. It is truly a unique item. In terms of quantity, Holly Wreath is extremely rare with a max of 1,000 in existence and Golden Partyhats are common with many merchants who hold hundreds. I have friends who farmed 80 -100+ Golden Partyhats during the event, and I've seen alt accounts doing the quest on several accounts simultaneously. It wouldn't surprise me if there were over 100,000 Golden partyhats, honestly. For that reason, I'd be shocked if we saw them surpass max cash this decade.

The fact that it is an iconic item makes me think it will have a very bright future despite it being a "pretty fish mask" in terms of supply. I'd be curious to know what the Golden Partyhat total market cap is, and how this compares to that of other rares. I'm incredibly bullish on Golden Partyhats long-term, especially at these current levels. With inflation, combined with the 166,000 + maxed players on Runescape 3...inflation, it may become a game or side goal for some players to see how many of these they can accumulate for fun.

Time will tell...

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23-Mar-2022 13:25:09

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