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Golden Partyhat Discussion

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Destruction

Destruction

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Feathery said :
I think the panic selling has stopped and people are now panic buying back? lol.

Yeah, it reached all time low today (around 305M) and people saw it as opportunity to buy some and they did, it's around 360M now.
This was alright price for sure.
The action or process of causing so much damage to something that it no longer exists or cannot be repaired.

08-Dec-2021 19:35:00

The Atlantis
Nov Member 2023

The Atlantis

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

Are you okay?

These are roughly numbers, not something I got from Jagex. This was an example, on what and how I think it works.

It's an example, that can give us a better look on the value of said item, and the supply of it, which so many of you want to believe is at 100k+

I was talking about when the items got released, therefore, it actually doesn't need to be "stabilised". I was comparing the early prices, can't you read and understand?

OSRS gold is a good example because it isn't as inflated as the RS3 gold. It won't give us EXACT numbers, obviously, but it can show us something roughly.

You can't actually use Blue Partyhats in this example, because they were free on release date. There were spawned everywhere.

I have only stated facts so far, and you know I am right, YOU even said that you're waiting on the Golden Partyhat to drop, so you can start hoarding it (lol) you're a hypocrite.

Golden Partyhat dropped to 300m, now it rose again to almost 400m again - exactly like it did on day 3 of release, when it dropped to 380m then rose to 700m - We have all seen these dips and rises, and they will continue until it becomes fully discontinued - once it's not obtainable anymore, the price will skyrocket.

You know this, I know this, everyone knows this.

You are just trying to convince players to "wait" until it hits your imaginative "rock bottom" price to stock - if they wait, they will miss out

08-Dec-2021 20:06:17

The Atlantis
Nov Member 2023

The Atlantis

Posts: 508 Steel Posts by user Forum Profile RuneMetrics Profile
Liquid Chalk said :
As price has diminished incentive to farm has significantly dropped, also many people sold out hoping to buy low (200mish). Over the coming days everyone will panic pile in as their ability to buy a good looking once in 20 year rare diminishes.

I'd say close to all the main or actual accounts have their free phat now and despite what the extreme cases of farming are it was probably a lot less prevalent than the doomsayers thought.

Personally I expect them to level off near 1b after the new year and act as a currency for lower rares and possibly the coloured phats.

All this talk of how many there are is moot as Easter eggs. pumpkins, disks, wine have been super cheap compared to rarity since at least free trade came back but their price action is bad because they hold no in game use as a cosmetic.

What it comes down to is do people like this rare, does it look nice, is there multiple RS trillionaires that can buy up thousands easily and will they catch on as a useful currency for trading anything above max cash?

Very good points!

I think we can check all these out:

- Players like this rare

- It looks nice

- Multiple merchers will hoard it


And even the currency one, because I am already seeing players wanting to trade other rares for X golden partyhats.

08-Dec-2021 20:10:33 - Last edited on 08-Dec-2021 20:11:04 by The Atlantis

Yo Blue
Sep Member 2007

Yo Blue

Posts: 6,443 Rune Posts by user Forum Profile RuneMetrics Profile
The Atlantis said :
Liquid Chalk said :
As price has diminished incentive to farm has significantly dropped, also many people sold out hoping to buy low (200mish). Over the coming days everyone will panic pile in as their ability to buy a good looking once in 20 year rare diminishes.

I'd say close to all the main or actual accounts have their free phat now and despite what the extreme cases of farming are it was probably a lot less prevalent than the doomsayers thought.

Personally I expect them to level off near 1b after the new year and act as a currency for lower rares and possibly the coloured phats.

All this talk of how many there are is moot as Easter eggs. pumpkins, disks, wine have been super cheap compared to rarity since at least free trade came back but their price action is bad because they hold no in game use as a cosmetic.

What it comes down to is do people like this rare, does it look nice, is there multiple RS trillionaires that can buy up thousands easily and will they catch on as a useful currency for trading anything above max cash?

Very good points!

I think we can check all these out:

- Players like this rare

- It looks nice

- Multiple merchers will hoard it


And even the currency one, because I am already seeing players wanting to trade other rares for X golden partyhats.




- Players like this rare
- Opinion
- It looks nice
- Opinion - Looks like a trash phat
- Multiple merchers will hoard it
- Opinion but I agree If it gets under 50-75m I would look into buying them
I'm blue daba dee daba die!
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Investing in rares for a better tomorrow.
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''Retired 2016''

08-Dec-2021 21:45:54 - Last edited on 08-Dec-2021 21:48:23 by Yo Blue

Haseyo
Apr Member 2014

Haseyo

Posts: 1,435 Mithril Posts by user Forum Profile RuneMetrics Profile
There will easily be over 100k phats in the game by the end of the event. There are always around 30k players on RS3 at any given time. If you take a very lowball estimate and assume just 70k unique players everyday, and assume a low end of 70% of them make the phat throughout the event period, thats 50k phats right there.

There is a very small minority of players running farms of 5-10 accs at once. If we take 1% of the population to be running these alt farms thats another 5k phats added into the game every week.

Just from this lowball estimate you get 75-80k phats in the game by the end of the event. These numbers I purposely made very small to illustrate the point. Where do you take a sick horse?

08-Dec-2021 23:20:29

Cleaver Jipp

Cleaver Jipp

Posts: 248 Silver Posts by user Forum Profile RuneMetrics Profile
Liquid Chalk said :
As price has diminished incentive to farm has significantly dropped
Why do you think farming has stopped? It hasn't even slowed down a little. Go to W100 and look at the obvious Hat Farmers. My Alts names are not farming names and the same goes for most Farmers I know. Regular game-given names but still PH farming alts.

Noone is farming them to sell them NOW. That's just Nuts! We are not running 5 accounts at once to sell for 300m. We are holding them until after event. My drop price is 1b. The people selling now are just regular players who don't have a clue about Rare Market.
The price will unlikely go below 300m if most Farmers are like me, and I think most are now doing just that, Holding Hats. Why earn 300m, when we can wait a bit and earn 1b?

08-Dec-2021 23:30:36

kanamari

kanamari

Posts: 26 Bronze Posts by user Forum Profile RuneMetrics Profile
Cleaver Jipp said :

Noone is farming them to sell them NOW. That's just Nuts!

Plenty of people are. That's why the price dropped since the Yak Track came out. It's not nuts when you can earn 1b+ gp in a day's work.

09-Dec-2021 00:03:54 - Last edited on 09-Dec-2021 00:05:10 by kanamari

Married Life

Married Life

Posts: 203 Silver Posts by user Forum Profile RuneMetrics Profile
kanamari said :
Cleaver Jipp said :

Noone is farming them to sell them NOW. That's just Nuts!

Plenty of people are. That's why the price dropped since the Yak Track came out. It's not nuts when you can earn 1b+ gp in a day's work.
Yup, I've sold ALOT but I've also kept ALOT. 100 more to collect and I'll have had my fill :P

09-Dec-2021 00:22:21

Iron Pernyx

Iron Pernyx

Posts: 3 Bronze Posts by user Forum Profile RuneMetrics Profile
This has to be the cringiest RS forum thread I've read through and I'm honestly shocked the mods in here have not locked it. Its literally the same 5 dudes on multiple accounts trying to convince the other to dump/buy the hats. Also, if you unironically made or have plans to make 100 alts to farm the phats you need to go outside and touch grass. Its just sad, really.

09-Dec-2021 01:25:39

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