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Golden Partyhat Discussion

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The Atlantis
Nov Member 2023

The Atlantis

Posts: 508 Steel Posts by user Forum Profile RuneMetrics Profile
^

No wonder you're coming from OSRS, you don't have any of the facts straight whatsoever.

You mention that Agility and Thieving are not afk-able, you're wrong lol, also "the rest" is not afk-able, I'd say a lot of it is semi-afk for mains, but harder for alts.

You are wrong once again, Wreaths are very rare but less "pleasing" in the design, however Golden Partyhats look nice and is pretty popular, it explains why they are so expensive, even after thousands of them entering game.

I think it's clear to what the future looks like for Golden Partyhats, an obvious rise after the event ends, and I predict that they will reach max-cash before 2022 ends because of the hoarding and demand.

You don't seem to know a lot about the Rares-market, The Mystic, and that's okay, not everyone can be good at it :)

29-Nov-2021 20:45:47

The Mystic

The Mystic

Posts: 235 Silver Posts by user Forum Profile RuneMetrics Profile
The Atlantis said :
^

No wonder you're coming from OSRS, you don't have any of the facts straight whatsoever.

You mention that Agility and Thieving are not afk-able, you're wrong lol, also "the rest" is not afk-able, I'd say a lot of it is semi-afk for mains, but harder for alts.

You are wrong once again, Wreaths are very rare but less "pleasing" in the design, however Golden Partyhats look nice and is pretty popular, it explains why they are so expensive, even after thousands of them entering game.

I think it's clear to what the future looks like for Golden Partyhats, an obvious rise after the event ends, and I predict that they will reach max-cash before 2022 ends because of the hoarding and demand.

You don't seem to know a lot about the Rares-market, The Mystic, and that's okay, not everyone can be good at it :)
Look, kid. I'm sorry you paid max cash for Gold when it came out. You may have to wait many years for any profit but keep hoarding, you may get lucky :)

PS: I meant Agil, and Thief are not afk for new accounts, but I'm pretty sure you knew that.

29-Nov-2021 21:06:12 - Last edited on 29-Nov-2021 21:09:25 by The Mystic

Married Life

Married Life

Posts: 203 Silver Posts by user Forum Profile RuneMetrics Profile
The Atlantis said :
If you want to go through all the struggle for 12m/hr atm then go ahead lol
Don't think anyone will attempt to "farm" it when it's so cheap

Me and my friends are earning about 1 Phat a day each on alts. It's very simple and afk. Aslong as the price stays up, we are making 30m+ per hr. I don't see the prices staying at 450m for long though :(

29-Nov-2021 21:56:03

Magic D A D

Magic D A D

Posts: 12 Bronze Posts by user Forum Profile RuneMetrics Profile
Zurthux said :
Here are my thoughts.... id like to hear yours :)

The only rare item that we have an official total for is the Christmas scythe and it was limited to 5000. less now of course. They are going for a little over 3b right now.

I don't have even the slightest clue as to how many golden party hats will enter the game but its going to be a lot more than 5000. its very safe to say over 25k and probably still safe to say over 50k tbh. but lets go with a conservative 25k. that's already 5 times the stock of the Christmas scythe.

Something that needs to be considered is the fact that ALL golden party hats will be owned by ACTIVE accounts. Where as hundreds if not thousands of Christmas scythes will probably never be seen again because they are on inactive accounts/banned accounts. My guess is way less than 1k scythes are actively traded.

There will be too much active supply, in my option, to ever break the 1B [long term (1 year)]
1B x 25k hats = 25 trillion market cap is there going to be that much gold chasing these hats?
impossible? no. highly improbably yes.

Short term on the other hand? I think
the price will try to be run up by some very rich people in an effort to corner the market.
---> IE
first couple of days of party hats entering the market. Then they will crash when people realize the supply is just too large.


If there is one thing rich people, in real life and in the game, are more afraid of than losing money its missing out on an opportunity to make a fortune. So its worth it for them to try to buy up all the stock weather or not it works out.
Looks like that bubble might pop soon.

29-Nov-2021 23:42:16 - Last edited on 30-Nov-2021 00:42:34 by Magic D A D

RSGOTMEFATT

RSGOTMEFATT

Posts: 302 Silver Posts by user Forum Profile RuneMetrics Profile
Opportunities like this don't come a lot, my recommendation to the average player don't listen to others telling you that it will go lower (panic sell) many are just merchers that want to massively hoard at cheaper prices, lock away your hat for a few years and forget the price.
Grand Exchange: Finished buying 1 x Christmas cracker

29-Nov-2021 23:50:54

Married Life

Married Life

Posts: 203 Silver Posts by user Forum Profile RuneMetrics Profile
RSGOTMEFATT said :
Opportunities like this don't come a lot, my recommendation to the average player don't listen to others telling you that it will go lower (panic sell) many are just merchers that want to massively hoard at cheaper prices, lock away your hat for a few years and forget the price.


Agreed. If shards are valued at 30m ea, the price cant go below 240m and when people start seeing a drop in price, they may think it's an opportunity to buy in, forcing the prices higher again. Still over a month of collecting to go but lets hope it stays in the 400m+ range. We can all be rich, happy campers!

30-Nov-2021 00:18:37

2 bill for
Mar Member 2019

2 bill for

Posts: 67 Iron Posts by user Forum Profile RuneMetrics Profile
The Atlantis said :
^

I think it's clear to what the future looks like for Golden Partyhats, an obvious rise after the event ends, and I predict that they will reach max-cash before 2022 ends because of the hoarding and demand.

You don't seem to know a lot about the Rares-market, The Mystic, and that's okay, not everyone can be good at it :)


IMO I have a much less optimistic view for the short term. Eventual increase is all but guaranteed of course. It's gonna rollercoaster as it finds equilibrium. It'll probably spike as ppl panic hoard when event nears completion, then the novelty will wear off, people will get bored of it, the hat will no longer be in the everyday collective consciousness of gen pop, some people will realize the opportunity cost of having a cosmetic vs hard cash, common merchants will move onto other things, overall this level of demand is unsustainable.

All I know is, when I teleport into wars retreat and see a 12 gphats out of 20 players of all levels I say to myself 'damn, this aint it chief. somethings gotta give' 😂 but then again I always underestimate how much people like following the trends and wear basic cosmetics.

With a grain of salt, this is without really knowing how far the hoarding will go, how constricted the supply will be, how actively traded it will be and how many hats will have entered the game.

30-Nov-2021 00:22:15

Magic D A D

Magic D A D

Posts: 12 Bronze Posts by user Forum Profile RuneMetrics Profile
2 bill for said :

All I know is, when I teleport into wars retreat and see 12 gphats out of 20 players of all levels I say to myself 'damn, this aint it chief. somethings gotta give'


*insert laughing emoji here*
Well Jagex did say they wanted to make it accessible to everyone. Looks like it's working!

30-Nov-2021 00:41:08

emotions
Jun Member 2019

emotions

Posts: 14,456 Opal Posts by user Forum Profile RuneMetrics Profile
Edit: No sure if this is the correct thread. But it is related to the topic in a way.



Found near the archaeology area. All wearing the same clothes , they proceeded to tele together.

Are these all alts. I guess they are cashing in on the golden party hat???

What a strange phenomenon.
“We’re all stories, in the end. Just make it a good one”

30-Nov-2021 09:05:01 - Last edited on 30-Nov-2021 09:37:06 by emotions

The Atlantis
Nov Member 2023

The Atlantis

Posts: 508 Steel Posts by user Forum Profile RuneMetrics Profile
Married Life said :
The Atlantis said :
If you want to go through all the struggle for 12m/hr atm then go ahead lol
Don't think anyone will attempt to "farm" it when it's so cheap

Me and my friends are earning about 1 Phat a day each on alts. It's very simple and afk. Aslong as the price stays up, we are making 30m+ per hr. I don't see the prices staying at 450m for long though :(


I am sure there's merchers hoarding on avrg 50+ hats daily, the GE limit is set to 2 every 4 hours, so beginning early seems to be a good idea - I don't think anyone want's to start buying when the event ends and they skyrocket xD

Let's look at it like this: There's a better chance that they rise to 600m, than dropping to 200m. The choice is yours

I don't think the 30 hats you collect will make any difference, that's only 12b - And making a hat is over 24 hrs btw (over a day)

30-Nov-2021 09:46:32 - Last edited on 30-Nov-2021 10:03:27 by The Atlantis

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