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The Atlantis
Nov Member 2023

The Atlantis

Posts: 508 Steel Posts by user Forum Profile RuneMetrics Profile
Lelouch was actually saying it would drop to 100m or under, and kinda encouraging people to instant sell because they would be "worthless"

We all saw that the price was stabilising around the supply and demand, of course it would not be 2b on day 7, and as more entered the game, as more the price decreased

What I think happened, everyone sold their GPH's and invested in classic rares because as we saw classic rares started to skyrocket while GPH stayed at the 200-300m mark

Either way, I think it's safe to say that GPH will have a bright future

03-Apr-2022 21:11:24

Lelouch Vi B
Jan Member 2017

Lelouch Vi B

Posts: 2,111 Mithril Posts by user Forum Profile RuneMetrics Profile
The Atlantis said :
Lelouch was actually saying it would drop to 100m or under, and kinda encouraging people to instant sell because they would be "worthless"

We all saw that the price was stabilising around the supply and demand, of course it would not be 2b on day 7, and as more entered the game, as more the price decreased

What I think happened, everyone sold their GPH's and invested in classic rares because as we saw classic rares started to skyrocket while GPH stayed at the 200-300m mark

Either way, I think it's safe to say that GPH will have a bright future


Whatever it takes to make yourself feel correct. Hope you didn't lose too much on this, and I hope your advice didn't break too many banks. Now with added
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03-Apr-2022 21:21:01

H Rassy
Sep Member 2023

H Rassy

Posts: 17,469 Opal Posts by user Forum Profile RuneMetrics Profile
100.000 seems like a low estimate to me seeing the price but i guess its possible.

Should be close to the bottom now. April is often the low for bulk rares i have noticed in the past. 150m-ish would be nice but i dont see that happening anymore.

I still like this rare and i do think it has a huge potential. A cheap rare with high liquidity can end up serving as a sort of crypto currency and i can see people at one point just buying these and not sell again similar to btc. Dropping to 200 or lower is still a theoretical possibility and it would be rather painfull for the buyers now but you have to go in at one point.
Personally i started buying more at around 280 and every few million it dropped i bought another (which is a decent loss now). Can keep that up for a long time though i would prefer not to. It will feel better to add to the collection once it starts going up.

04-Apr-2022 20:06:45 - Last edited on 04-Apr-2022 20:11:13 by H Rassy

Raphtalia6
Oct Member 2017

Raphtalia6

Posts: 1,134 Mithril Posts by user Forum Profile RuneMetrics Profile
H Rassy said :
100.000 seems like a low estimate to me seeing the price but i guess its possible.

Should be close to the bottom now. April is often the low for bulk rares i have noticed in the past. 150m-ish would be nice but i dont see that happening anymore.

I still like this rare and i do think it has a huge potential. A cheap rare with high liquidity can end up serving as a sort of crypto currency and i can see people at one point just buying these and not sell again similar to btc. Dropping to 200 or lower is still a theoretical possibility and it would be rather painfull for the buyers now but you have to go in at one point.
Personally i started buying more at around 280 and every few million it dropped i bought another (which is a decent loss now). Can keep that up for a long time though i would prefer not to. It will feel better to add to the collection once it starts going up.

i think gph,s can be used as a chip for buying rares that passed the shard cap, so item for item trading. for example X gph,s for 1 santa hat or X gph,s for 1 OG partyhat. ofcourse the larger the stock the better the exchange. a bit like a super spirit shard in the form of an item. trusting certain pc lists or prices of items or websites that dont belong to jagex will get you into trouble notice: external websites and trades are your responsibility, dont get fooled!.

05-Apr-2022 15:34:22

Yo Blue
Sep Member 2007

Yo Blue

Posts: 6,443 Rune Posts by user Forum Profile RuneMetrics Profile
Raphtalia6 said :
H Rassy said :
100.000 seems like a low estimate to me seeing the price but i guess its possible.

Should be close to the bottom now. April is often the low for bulk rares i have noticed in the past. 150m-ish would be nice but i dont see that happening anymore.

I still like this rare and i do think it has a huge potential. A cheap rare with high liquidity can end up serving as a sort of crypto currency and i can see people at one point just buying these and not sell again similar to btc. Dropping to 200 or lower is still a theoretical possibility and it would be rather painfull for the buyers now but you have to go in at one point.
Personally i started buying more at around 280 and every few million it dropped i bought another (which is a decent loss now). Can keep that up for a long time though i would prefer not to. It will feel better to add to the collection once it starts going up.

i think gph,s can be used as a chip for buying rares that passed the shard cap, so item for item trading. for example X gph,s for 1 santa hat or X gph,s for 1 OG partyhat. ofcourse the larger the stock the better the exchange. a bit like a super spirit shard in the form of an item.

Ya it only takes 2,000 hrs to buy enough golden phats in the ge to trade for a blue phat...Ya I think ill just use shards and buy some santas/masks to trade for phats lol.
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05-Apr-2022 16:43:31 - Last edited on 05-Apr-2022 16:45:36 by Yo Blue

Raphtalia6
Oct Member 2017

Raphtalia6

Posts: 1,134 Mithril Posts by user Forum Profile RuneMetrics Profile
Yo Blue said :
Raphtalia6 said :
H Rassy said :
100.000 seems like a low estimate to me seeing the price but i guess its possible.

Should be close to the bottom now. April is often the low for bulk rares i have noticed in the past. 150m-ish would be nice but i dont see that happening anymore.

I still like this rare and i do think it has a huge potential. A cheap rare with high liquidity can end up serving as a sort of crypto currency and i can see people at one point just buying these and not sell again similar to btc. Dropping to 200 or lower is still a theoretical possibility and it would be rather painfull for the buyers now but you have to go in at one point.
Personally i started buying more at around 280 and every few million it dropped i bought another (which is a decent loss now). Can keep that up for a long time though i would prefer not to. It will feel better to add to the collection once it starts going up.

i think gph,s can be used as a chip for buying rares that passed the shard cap, so item for item trading. for example X gph,s for 1 santa hat or X gph,s for 1 OG partyhat. ofcourse the larger the stock the better the exchange. a bit like a super spirit shard in the form of an item.

Ya it only takes 2,000 hrs to buy enough golden phats in the ge to trade for a blue phat...Ya I think ill just use shards and buy some santas/masks to trade for phats lol.

depends on the amount of alts a player has tbh.

like for example 1 alt army moved santa from 600m to max cash in a matter of weeks. ofcourse from 800-900m ppl went in with the train but that first push was really interesting. also these chips could be used with shards to fill the remaining amount that ppl cant buy because of the limit.

Edited it to keep the peace. trusting certain pc lists or prices of items or websites that dont belong to jagex will get you into trouble notice: external websites and trades are your responsibility, dont get fooled!.

05-Apr-2022 17:39:57 - Last edited on 05-Apr-2022 19:38:50 by Raphtalia6

Finance
Apr Member 2012

Finance

Posts: 56,428 Emerald Posts by user Forum Profile RuneMetrics Profile
Yo Blue said :
Ya it only takes 2,000 hrs to buy enough golden phats in the ge to trade for a blue phat...Ya I think ill just use shards and buy some santas/masks to trade for phats lol. This is exactly what's happening right now, bulk gold partyhats are being purchased through the GE. As merchants accumulate these stacks, it will become increasingly common for gold partyhats to be used as currency for trading other rares
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05-Apr-2022 19:14:02

The Atlantis
Nov Member 2023

The Atlantis

Posts: 508 Steel Posts by user Forum Profile RuneMetrics Profile
Lelouch Vi B said :
The Atlantis said :
Lelouch was actually saying it would drop to 100m or under, and kinda encouraging people to instant sell because they would be "worthless"

We all saw that the price was stabilising around the supply and demand, of course it would not be 2b on day 7, and as more entered the game, as more the price decreased

What I think happened, everyone sold their GPH's and invested in classic rares because as we saw classic rares started to skyrocket while GPH stayed at the 200-300m mark

Either way, I think it's safe to say that GPH will have a bright future


Whatever it takes to make yourself feel correct. Hope you didn't lose too much on this, and I hope your advice didn't break too many banks.


No one who invested a lot in these for a long term is selling them now, please use your brain. I can't believe you're still here trying to convince players that these hats are going to be worthless, like, give it up?

Also, no one bought them at 700m+ to invest, everyone waited until low end to purchase bulk, so there isn't even any major losses because most bought at 300m mark, and it's currently at 280m and stable... so what exactly is you'r point?

06-Apr-2022 11:35:56

Gold Hero

Gold Hero

Posts: 611 Steel Posts by user Forum Profile RuneMetrics Profile
If your smart you will see that each shard of the golden phat took about an hour to get, and the average gp / hour is about 30 million for PVM. This also translates into the one shard that cost 30m to get. So the cost in time and resources make a golden phat is 240 million gp. This means that any value under 240m is a loss to the base value of the item. Thus there really little chance it will ever go under that value, and right now is the best time to invest if you have the gp.
I would think a very large percent of them won’t see the market for years to come or will be hoarded forever. There is however a lot of them, but there is less every day and even less at the current price point. Unless a new update comes along that requires a vast amount of GP, goldens are going to rise. I would think though that it’s going to take a long time to see any significant profit.

08-Apr-2022 01:44:55 - Last edited on 08-Apr-2022 01:47:17 by Gold Hero

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