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Rare Ceiling?

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18-Apr-2022 11:15:04

Radyi
Jun Member 2010

Radyi

Posts: 2,036 Mithril Posts by user Forum Profile RuneMetrics Profile
Jeremy Cheng said :
At current rates masks and red santa will go near max shards by maybe november at the earliest. Maybe we can start using golden partyhats as currency at that point. This could change depending on green santa being rereleased in december.


I feel the green santa will be rereleased for sure. It made them a ton of cash. It probably will be much rarer, but in no way will jagex stop using it in TH promos for ez cash.
Mass contributor to deaths coffers.

18-Apr-2022 11:41:01

Tuffty
Jan
fmod Member
2003

Tuffty

Forum Moderator Posts: 152,172 Ruby Posts by user Forum Profile RuneMetrics Profile
@ELITE STACK

I've removed your post as there is nothing on the forums or ingame or from Jagex that anything of that nature took place. Your comments could cause a panic where none is needed.

If you feel something is wrong then send it to Jagex at:- [email protected]

Until then please don't post falsehoods of that nature on the forums.
Comprehensive Account Security
What do snowmen have for breakfast? Snowflakes! :P

18-Apr-2022 12:15:20

Misclick
Dec Member 2023

Misclick

Posts: 353 Silver Posts by user Forum Profile RuneMetrics Profile
There is no rare ceiling. All rares will continue to rise in value over time indefinitely.

Rares always drop temporarily in value whenever a historical change to the game occurs. Duplication glitches, combat rework, grand exchange release, trade limit installation/removal, even the release of a new type of content has caused rares to crash.

But every time they crash, hoarders collect them at a faster rate, and they recover several times over.

This pattern will continue, indefinitely. When blue partyhat is 30 trillion, red santa might be 2.5 trillion, for example.

As the more common rares deplete from the market, I predict their value will approach something similar to higher rares.

There will be a day when one red santa hat can be traded for one christmas cracker. This will happen when neither have been seen for at least one or two years.

Turnover of the player base is an important factor for the continued increase in the price of rares. Every time a significant portion of the player base quits, especially the elites, rares drop in price temporarily, then recover many times over. But the replacement of these players is absolutely imperative for this trend to continue.

In the final years of runescape classic, all rare prices stagnated. I forget exactly what their amounts were, but if a pink partyhat was 170mil in 2006, it was 170m in 2012, because there was no replacement among the player base, even though "inflation" did occur (the majority of rs classic players were botting, and had loads of cash and items from years of this).


Partyhats and other discontinued items will continue to rise in price, and will only truly crash when the day comes that RuneScape's servers close. On that day, there will be drop parties all day long.


There's nothing more to say here.

19-Apr-2022 00:21:01 - Last edited on 19-Apr-2022 00:31:54 by Misclick

RSGOTMEFATT

RSGOTMEFATT

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Misclick said :

When blue partyhat is 30 trillion, red santa might be 2.5 trillion, for example.

But what if there's only like a quadrillion in the whole game? so a few rares would be worth all of the gp in game? I sir am confused.

1000 trillion= 1 quadrillion.
Grand Exchange: Finished buying 1 x Christmas cracker

19-Apr-2022 00:42:16

Radyi
Jun Member 2010

Radyi

Posts: 2,036 Mithril Posts by user Forum Profile RuneMetrics Profile
Will be interesting to see how rares act now that suitybot is no longer available. Will the PC threads become more active? Or will manipulation be much harder to do. Mass contributor to deaths coffers.

19-Apr-2022 01:19:47

Misclick
Dec Member 2023

Misclick

Posts: 353 Silver Posts by user Forum Profile RuneMetrics Profile
RSGOTMEFATT said :
Misclick said :

When blue partyhat is 30 trillion, red santa might be 2.5 trillion, for example.

But what if there's only like a quadrillion in the whole game? so a few rares would be worth all of the gp in game? I sir am confused.

1000 trillion= 1 quadrillion.


In theory, yes. A few rares could be traded for all of the gp in the game. Try finding someone who will accept it, and sure. The last santa owner in the game will be able to charge whatever they want, be it 40 quadrillion coins, or 10 christmas crackers. If that's a buyer's only option, they'll either collect 10 crackers, or gather all of the coins, or else not own one.

Rest assured, if they settle for 5 crackers or 20 quadrillion, the buyer won't sell it for less than twice what they bought it for.

19-Apr-2022 01:21:24 - Last edited on 19-Apr-2022 01:24:55 by Misclick

Flumps
Jan Member 2010

Flumps

Posts: 715 Steel Posts by user Forum Profile RuneMetrics Profile
Misclick said :
RSGOTMEFATT said :
Misclick said :

When blue partyhat is 30 trillion, red santa might be 2.5 trillion, for example.

But what if there's only like a quadrillion in the whole game? so a few rares would be worth all of the gp in game? I sir am confused.

1000 trillion= 1 quadrillion.


In theory, yes. A few rares could be traded for all of the gp in the game. Try finding someone who will accept it, and sure. The last santa owner in the game will be able to charge whatever they want, be it 40 quadrillion coins, or 10 christmas crackers. If that's a buyer's only option, they'll either collect 10 crackers, or gather all of the coins, or else not own one.

Rest assured, if they settle for 5 crackers or 20 quadrillion, the buyer won't sell it for less than twice what they bought it for.

lets say only a few people owned an item it doesn't mean people will buy it for the prices you advertise.

19-Apr-2022 01:35:24 - Last edited on 19-Apr-2022 02:25:02 by Flumps

The Princess
Sep Member 2009

The Princess

Posts: 1,132 Mithril Posts by user Forum Profile RuneMetrics Profile
Misclick said :
RSGOTMEFATT said :
Misclick said :

When blue partyhat is 30 trillion, red santa might be 2.5 trillion, for example.

But what if there's only like a quadrillion in the whole game? so a few rares would be worth all of the gp in game? I sir am confused.

1000 trillion= 1 quadrillion.


In theory, yes. A few rares could be traded for all of the gp in the game. Try finding someone who will accept it, and sure. The last santa owner in the game will be able to charge whatever they want, be it 40 quadrillion coins, or 10 christmas crackers. If that's a buyer's only option, they'll either collect 10 crackers, or gather all of the coins, or else not own one.

Rest assured, if they settle for 5 crackers or 20 quadrillion, the buyer won't sell it for less than twice what they bought it for.


This is a rather simplistic way of looking at economics. Most merchers are looking to make money. Demand drives profit. If one person holds an item that noone else can afford, where is the demand going to come from?

He's essentially going to be holding an item that has no effective value because noone will be able to pay his asking price for it.

That's like me buying a house and asking for 50 trillion dollars ( the value off all currency in the world combined is at or around 40 trillion). Obviously, if noone can afford it, does it really have a value outside of what I place on it? That's why economics deals with both sides of the equation. Supple AND Demand.

Thus, a buyer could hold out for twice the profit of what he bought something for, but if it's not in demand, or noone wants it, it's essentially valueless.

19-Apr-2022 04:50:41 - Last edited on 19-Apr-2022 04:52:45 by The Princess

Misclick
Dec Member 2023

Misclick

Posts: 353 Silver Posts by user Forum Profile RuneMetrics Profile
The Princess said :
Misclick said :
RSGOTMEFATT said :
Misclick said :

When blue partyhat is 30 trillion, red santa might be 2.5 trillion, for example.

But what if there's only like a quadrillion in the whole game? so a few rares would be worth all of the gp in game? I sir am confused.

1000 trillion= 1 quadrillion.


In theory, yes. A few rares could be traded for all of the gp in the game. Try finding someone who will accept it, and sure. The last santa owner in the game will be able to charge whatever they want, be it 40 quadrillion coins, or 10 christmas crackers. If that's a buyer's only option, they'll either collect 10 crackers, or gather all of the coins, or else not own one.

Rest assured, if they settle for 5 crackers or 20 quadrillion, the buyer won't sell it for less than twice what they bought it for.


This is a rather simplistic way of looking at economics. Most merchers are looking to make money. Demand drives profit. If one person holds an item that noone else can afford, where is the demand going to come from?

He's essentially going to be holding an item that has no effective value because noone will be able to pay his asking price for it.

That's like me buying a house and asking for 50 trillion dollars ( the value off all currency in the world combined is at or around 40 trillion). Obviously, if noone can afford it, does it really have a value outside of what I place on it? That's why economics deals with both sides of the equation. Supple AND Demand.

Thus, a buyer could hold out for twice the profit of what he bought something for, but if it's not in demand, or noone wants it, it's essentially valueless.


Has a king ever sold his crown?

19-Apr-2022 08:41:40

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