forums.rs

Forums

Golden Partyhat Discussion

Quick find code: 17-18-363-66235442

of 122
Destruction

Destruction

Posts: 63,021 Emerald Posts by user Forum Profile RuneMetrics Profile
Grasssman said :
Gphat is over 525m currently and the event hasn’t even ended yet.

You ONLY have 1 opportunity people

Friend just bought x10 of them.

545M
545M
549M
549M
550M
550M
550M
550M
550M
550M
The action or process of causing so much damage to something that it no longer exists or cannot be repaired.

01-Jan-2022 12:47:15

Grasssman
Aug Member 2021

Grasssman

Posts: 6,160 Rune Posts by user Forum Profile RuneMetrics Profile
Crazy, can’t imagine where it will be at come the 3rd.


Destruction said :
Grasssman said :
Gphat is over 525m currently and the event hasn’t even ended yet.

You ONLY have 1 opportunity people

Friend just bought x10 of them.

545M
545M
549M
549M
550M
550M
550M
550M
550M
550M

01-Jan-2022 15:18:40

The Atlantis
Nov Member 2023

The Atlantis

Posts: 508 Steel Posts by user Forum Profile RuneMetrics Profile
It's at like 600m atm, still really really cheap compared to what it will be in a few months

Once the GE supply goes dry, that's when we will see some crazy numbers, and possible a lot of panic buys

The supply is still very active, but what will happen once most of these casual players go back into inactivity?


That's my opinion so far :)

01-Jan-2022 18:04:12

Trip180

Trip180

Posts: 16,702 Opal Posts by user Forum Profile RuneMetrics Profile
I still hope to buy them at 100. Seem to be incredibly popular but high supply. Maybe 102… I cannot for the life of me manage to catch Covid. Perhaps it's because I didn't get vaxxed? The travails of those lacking immunity. :(

01-Jan-2022 18:31:55

H Rassy
Sep Member 2023

H Rassy

Posts: 17,469 Opal Posts by user Forum Profile RuneMetrics Profile
The only demand is from merchants (which is still legit demand). Every player who wanted a golden partyhat could have gotten one , or ten. Green santa has real demand because not every player could get one.

I dont know,i do hope it goes up lots but i have my doubts. Seeing it at 600 now is already a big surprise to me. Everyone sits on their stacks i guess and as long as it goes up there is no reason to sell. There is a lot of hype around this item and trading seems very active. Kinda reminds about how active santa,s used to be traded ages ago.

Maybe its a better item then i thought it would be,if you have a few billion spare you can quickly buy a few and if you need a few billion for some gear you can also sell very quickly again. This is kinda handy for people who dont want to invest to much and who also dont want to spend ages to try buy or sell a rare at a decent price. The liquidity seems very high for now.

Still i think it should drop lol , but i am slowly accepting that maybe i am wrong with that.

01-Jan-2022 20:08:23 - Last edited on 01-Jan-2022 20:11:18 by H Rassy

PepeAngilo

PepeAngilo

Posts: 84 Iron Posts by user Forum Profile RuneMetrics Profile
Feathery said :
@Yo Blue,
Something else that i have found interesting...

The time stamp of the post that you edited on page 2:
31-Dec-2021 02:06:02 by Yo Blue


The time stamp of
Sick Combo
, who you have quoted your post from:
31-Dec-2021 02:07:30



You literally posted on your alt 1 minute after editing it, to give yourself credit?? I can't stop laughing, someone give me a paper bag, i'm hyperventilating... bahahahaha! :D

Yo Blue is the guy who said we have an inferior hat... that we are peasants lol. I would not necessarily listen to him for anything really haha. Glad some of you took screenshots to expose him for what he really is.

01-Jan-2022 20:56:53

kanamari

kanamari

Posts: 26 Bronze Posts by user Forum Profile RuneMetrics Profile
H Rassy said :
The only demand is from merchants (which is still legit demand). Every player who wanted a golden partyhat could have gotten one , or ten. Green santa has real demand because not every player could get one.


This isn't really true per se. Most people could do a lot more with 4-600m than they could do with a golden partyhat. Obviously it has sentimental value and you should theoretically never really sell your one and only, but plenty of people of course have sold their only gph because they needed the money. The more it rises, the more people are going to sell their hard earned one and only partyhat and eventually they will be priced out of ever owning one again.

The thing people don't understand about this item is that supply and demand have almost no impact on its value because it is not a commodity, it's a currency. The demand for the item is literally infinite and the supply, no matter how much, is finite. So its value is directly dictated not by demand relative to commodities (like weapons, armor, food, etc) but by the amount of gold that exists in the game.

It doesn't matter how long it's been discontinued or how exclusive it is or how much of a chance people had to own one. That's like saying there's no demand for gold because everyone can earn one gold piece if they want to. It's a currency, and one that's immune to inflation, so people naturally aspire to own as many of it as they possibly can.

As soon as the event ends (which it does in 2 days) this item's value is going to rise very fast and is never falling again, besides the occasional, but temporary, troughs and peaks based on hype trends.

The only reason its value has been kept lower thusfar is because there has been a steady increase in the supply as people farmed them, as well as investors waiting for the lowest price to snatch them up. Once the supply stops increasing, (2 days,) then the price is going to rapidly correct toward the true value.

01-Jan-2022 21:31:25

Nowadays
Jul Member 2018

Nowadays

Posts: 51 Iron Posts by user Forum Profile RuneMetrics Profile
Just got mine from the even and it looks so neat!

A bit late to the party, but I am glad I could finally fetch a partyhat for myself after 10 years of playing. Combat level: 15.
Level 99 in all non-combat skills: July 7th, 2020.

01-Jan-2022 23:29:59

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