forums.rs

Forums

Golden Partyhat Discussion

Quick find code: 17-18-363-66235442

of 122
Sick Combo

Sick Combo

Posts: 112 Iron Posts by user Forum Profile RuneMetrics Profile
Yo Blue said :
Guessing price will be around 400-475m by the end of the event. Towards the end the price wont change much in the last few days because you will have both players trying to finish up making it last min and you will have players re buying after selling early on for 1b+. Thus kinda evening the price in the 400s.

You were pretty close to the price lol
True Trim 2016

31-Dec-2021 02:07:30

Axioms

Axioms

Posts: 28 Bronze Posts by user Forum Profile RuneMetrics Profile
Won't be able to read past/future posts, so hopefully this doesn't get lost in the muck.

There are many factors going into this and any involvement by special groups storing mass value will greatly influence these prices. Not considering this factor, there are a few key things to consider...

1. Jagex is trying to decrease rare demand by introducing items such as gold phat, green santa, and the new scythe + wreath- all of which look very similar to some highly valued discontinued rares

2. Most players and farmers are holding the gold phats they have atm due to two main reasons. First being that normal players recognize this as their only chance to get their hands on the iconic item of a party hat and second being farmers/investors understand the long-term reward of holding these kinds of discontinued investments, especially when you have the party hat stable slapped on top.

3. Many investors do not want to miss out on this opportunity. There are many items that have dipped recently due to investors liquidating their holdings to free gp up to buy these hats. It's pretty obvious any purchase around 200m would be a great long-term investment and so far it has not approached this price since it is worth the short-term loss to buy a little higher just to make sure you have a decent stock in case things get cray.

I don't actively follow this market and only took a peek while on break, but I'd be very surprised if there is not a dip/crash coming up since so far prices have been pretty conservative to match long-term investor expectations. I don't see this item leaving the G.E. due to the massive volume and people all waiting to cash out. That being said, any price up to ~2147m is possible since G.E. price can be manipulated with the fraction of the actual supply present on this exchange.

Whatever you decide to do, always remember to enjoy your time in this world.

Cheers!

31-Dec-2021 03:47:58

Lumbys Hero
Nov Member 2014

Lumbys Hero

Posts: 2,005 Mithril Posts by user Forum Profile RuneMetrics Profile
Axioms said :


1. Jagex is trying to decrease rare demand by introducing items such as gold phat, green santa, and the new scythe + wreath- all of which look very similar to some highly valued discontinued rares

Cheers!


Where is your source on this? In honor of Runescape's 20 year anniversary, they pay homage to the OG phats and release an awesome new discontinued golden phat. I missed where they said they were trying to devalue other rare items in the game for Runescape's 20 year anniversary celebration.

Man the last discontinued we got was the Holly wreath in 2014? I'm rejoicing! Years and years of that non-tradable holiday junk sucked that's now rotting with Diango...

Sincerely and respectfully,

- Lumbys Hero
RS
CLASSIC
VET
|
THREE
Round
COMBAT
|
STAKING
In
L.U.M.B.Y
|
TANK
Mages
DRANNER WALL

31-Dec-2021 06:55:09 - Last edited on 31-Dec-2021 07:24:47 by Lumbys Hero

Gothita
Sep Member 2021

Gothita

Posts: 7 Bronze Posts by user Forum Profile RuneMetrics Profile
The partyhat model was changed slightly a couple weeks ago, mostly the color (now being gold even in low detail instead of orange). Has anyone seen if the newer model changes the appearance at all in the avatar picture? I'm using the old one still and the preview looks different than my current one, but I don't want to change it in case it's rare now, lol :P

31-Dec-2021 09:19:58

Destruction

Destruction

Posts: 63,021 Emerald Posts by user Forum Profile RuneMetrics Profile
JoeFriday said :
If you're on the edge and still trying to decide if you want to keep your gold party hat, or maybe you want to buy another one, or buy many to hold on to for that matter, don't be distracted by what those in this thread are claiming that "it won't rise much, or it'll be years till it's worth something". It will, and it will irregardless of it's current value. Buy now, don't wait. I would would bet many, even the most reluctant players in this thread, are probably some of the current & biggest hoarders of them. Once the event is over January 2nd watch it go over max cash by the end of the month.

Lmao
The action or process of causing so much damage to something that it no longer exists or cannot be repaired.

31-Dec-2021 14:45:38

KorbenDalass
Jan Member 2021

KorbenDalass

Posts: 55 Iron Posts by user Forum Profile RuneMetrics Profile
Gothita said :
The partyhat model was changed slightly a couple weeks ago, mostly the color (now being gold even in low detail instead of orange). Has anyone seen if the newer model changes the appearance at all in the avatar picture? I'm using the old one still and the preview looks different than my current one, but I don't want to change it in case it's rare now, lol :P

just took a new pic to see

31-Dec-2021 14:45:40

Destruction

Destruction

Posts: 63,021 Emerald Posts by user Forum Profile RuneMetrics Profile
Sick Combo said :
Yo Blue said :
Guessing price will be around 400-475m by the end of the event. Towards the end the price wont change much in the last few days because you will have both players trying to finish up making it last min and you will have players re buying after selling early on for 1b+. Thus kinda evening the price in the 400s.

You were pretty close to the price lol

He wasn't, he edited couple of posts so he doesn't get mocked I suppose.
Originally he wrote that he would give phat set to a guy if Golden partyhats reach 250M by the end of the event, he changed that to 500M now lol.

This is original post that I quoted.

Destruction said :
Yo Blue said :
Hobba said :
5 days and then 10hours each day yes. We both know there is much more to be made than 1b with regular afk money making methods in 50 hours.

if by the end of the event a golden phat is worth more than 250m ill give u a free phat set

Buying all Golden partyhats - 260M
The action or process of causing so much damage to something that it no longer exists or cannot be repaired.

31-Dec-2021 14:51:20

TriIIion
Dec Member 2023

TriIIion

Posts: 175 Iron Posts by user Forum Profile RuneMetrics Profile
The Atlantis said :
LMFAOOOO

So funny how "Lelouch Vi B" and "Yo Blue" been saying GPH would hit like 50-150m yet it never went that low (as I told them it never will)

They been quiet since :)

To me it was just an obvious attempt to sow discord and unrest in order to have the price fall for hoarding purposes. I'm sure if we were to take a look inside these people's bank they'll have hoarded party hats even though they never dropped to those ridiculous prices. Woah... just take it easy man

31-Dec-2021 17:46:21

Quick find code: 17-18-363-66235442 Back to Top