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Golden Partyhat Discussion

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Finance
Apr Member 2012

Finance

Posts: 56,428 Emerald Posts by user Forum Profile RuneMetrics Profile
I think it's interesting to compare GPH to red santa hats, another cosmetically appealing and relatively common rare item.

The current price ratio of GPH to santa hat is about 22 : 1.

It is plausible that there are about 22 times more active gold partyhats than santa hats in circulation, although this is towards the upper bound of what I'd expect, making GPH relatively cheap IMO
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06-Jul-2022 17:35:07

Dr Goldfire
May Member 2012

Dr Goldfire

Posts: 2,553 Adamant Posts by user Forum Profile RuneMetrics Profile
Finance said :
I think it's interesting to compare GPH to red santa hats, another cosmetically appealing and relatively common rare item.

The current price ratio of GPH to santa hat is about 22 : 1.

It is plausible that there are about 22 times more active gold partyhats than santa hats in circulation, although this is towards the upper bound of what I'd expect, making GPH relatively cheap IMO
There is around 6.36 times more ETH in circulation than BTC.
Price of BTC is roughly 17.32 times higher than price of ETH.

In term of total amount mined platinum is more than 30 times rarer than gold yet currently is roughly 2 times cheaper than gold.

I could continue with similar examples from countless other fields.
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.

07-Jul-2022 02:12:42 - Last edited on 07-Jul-2022 02:20:27 by Dr Goldfire

Finance
Apr Member 2012

Finance

Posts: 56,428 Emerald Posts by user Forum Profile RuneMetrics Profile
Dr Goldfire said :

There is around 6.36 times more ETH in circulation than BTC.
Price of BTC is roughly 17.32 times higher than price of ETH.

In term of total amount mined platinum is more than 30 times rarer than gold yet currently is roughly 2 times cheaper than gold.

I could continue with similar examples from countless other fields. Yes, I know the rarity isn't the sole determinant of the price. That's why I said RSH is the most analogous rare.

The cheaper GPH gets, the more susceptible it is to being bought out and hoarded. Some people could easily buy thousands at 200m each.
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07-Jul-2022 17:45:08

Lelouch Vi B
Jan Member 2017

Lelouch Vi B

Posts: 2,111 Mithril Posts by user Forum Profile RuneMetrics Profile
The Atlantis said :
Yo Blue said :
The amount of gold phats in the game for me a good buying price would be around 75m and a good selling price for me would be around 140m.

Just have to wait till it hits the 75m target first.

This won't happen, don't let unrealistic goals keep you away from making real profit. Golden Phat will never drop lower than the 200-250m range, and it's pretty clear that it will rise in the future like all discontinued items



Man I love taking these long breaks from this thread.

190m as of current.
OOF




The Atlantis said :


It was literally only released few months ago.. and I wanna bet at least 20% of the supply is already non-active. I still think that we will see a spike later this year. Right now it's just the same low-iq people selling if they see a 5m spike lol

Golden phat is a unique rare imo, so just give it time.


I actually agree here. Only low-IQ are selling at the small spikes. All the high-IQ sold when these things were still 500m+. Now with added
[SARCASM]
Warnings for those less astute!

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08-Jul-2022 23:39:15

The Atlantis
Nov Member 2023

The Atlantis

Posts: 508 Steel Posts by user Forum Profile RuneMetrics Profile
@Lelouch V1 B

It's funny you always come back few months to reply to this thread, but where were you when GPH rose and rebound all the times through the last 6 months?

You were quiet.

And of course, as always, your comments are just non-sense. Oh no, I was 10m off when I mentioned what the lowest scenario for a GPH could be

If you look at the rares market right now, it's doing pretty bad, not just GPH - Of course this is because of PVM related content so everyone is selling their rares to afford BIS gear to do the new boss, but not long until it all turns back around, and we see (what we always see) rares skyrocketing back up.

Also, no one bought GPH on first week of release (when it was 500m+) to invest long term in, so not sure why you're bringing it up

GPH is only good for a long term investment, and if you can wait few years, you will witness it

The seed has been planted, and we WILL witness the harvest

09-Jul-2022 09:26:11

Arena

Arena

Posts: 10,641 Opal Posts by user Forum Profile RuneMetrics Profile
The Atlantis said :
@Lelouch V1 B
GPH is only good for a long term investment, and if you can wait few years, you will witness it

The seed has been planted, and we WILL witness the harvest

I said this back when BSHs were released. Only one other person that I can remember from back then agreed, everyone else called us crazy and said they'd never be worth more than like 300m. The whole lot of them are eating their words now.

No idea what these will be worth in the future, but give it ten years and I'm sure it'll be a lot higher than most people seem to realize. I know that a wait like that is easier said than done, but yeah, it's definitely doable.

People that can afford to may as well stock up on them now and (like you said) reap that harvest later on.

09-Jul-2022 12:18:54

Lelouch Vi B
Jan Member 2017

Lelouch Vi B

Posts: 2,111 Mithril Posts by user Forum Profile RuneMetrics Profile
The Atlantis said :
@Lelouch V1 B

It's funny you always come back few months to reply to this thread, but where were you when GPH rose and rebound all the times through the last 6 months?

You were quiet.

And of course, as always, your comments are just non-sense. Oh no, I was 10m off when I mentioned what the lowest scenario for a GPH could be

If you look at the rares market right now, it's doing pretty bad, not just GPH - Of course this is because of PVM related content so everyone is selling their rares to afford BIS gear to do the new boss, but not long until it all turns back around, and we see (what we always see) rares skyrocketing back up.

Also, no one bought GPH on first week of release (when it was 500m+) to invest long term in, so not sure why you're bringing it up

GPH is only good for a long term investment, and if you can wait few years, you will witness it

The seed has been planted, and we WILL witness the harvest


Rose and rebounded? I'm sorry but this is a joke right? Can you please point to the single sale after the hat dropped below the 700m mark where it was worth MORE than 700m? Sure it fluctuates up and down, but it trends down. You're fooling yourself if you think that because the hat dropped by 500m, but then went up 30m, means it's in a healthy state... There hasn't been a single verified sale of one of these hats where the value has ever matched, let alone exceeded the 700m mark where I told people to sell.


You have failed on every single one of your predictions. every few month you just say "give it another month! you'll see!" and then a month goes by and it's even lower. The only valid prediction you've had is that it will EVENTUALLY go up, like all rares. Which is about as much of a prediction as me saying someone, somewhere in Australia will take a shit today; It's not a prediction because it's a fact, by definition. There is a limited quantity of hats and inflation exists; ergo, hats go up. Now with added
[SARCASM]
Warnings for those less astute!

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09-Jul-2022 16:53:13 - Last edited on 09-Jul-2022 16:55:55 by Lelouch Vi B

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