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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.[/quote]
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.[/quote]
thats true but would a person sell his house for 500k if he knows he could get 2m for it if he waits a few months. some ppl like to do it easy while others invest time and gather information to get a better result, holding an item results in a spike because the quantity cant hold the demand which results in this spike pushing the price which enables the quantity to be distributed if the price reflects the sellers interests. if that interest is made for the biggest holder then all small holders have to follow in line or consume the holdings that get distributed.
trusting certain pc lists or prices of items or websites that dont belong to jagex will get you into trouble notice: external websites and trades are your responsibility, dont get fooled!.
19-Apr-2022 15:24:59