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~Disc. Items Discussion v1~

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RichKngMidas

RichKngMidas

Posts: 175 Iron Posts by user Forum Profile RuneMetrics Profile
Some interesting observations, speaking in terms of items' ratios from 2010, compared to today: Xmas cracker was worth about 2x blues - now, just a bit over blue, if not the same. A disk was worth about half a green ween, now it is about 3x the price of the green ween. Santa's also stood just a little over green ween, and under the blue ween, and now they are worth about 2x their value.

Speaking in terms of hats to lowers, about 16 green hweens, or 16 santa hats, would buy you a blue partyhat in March of 2010. Today, it would take about 45 to 50 green weens, and roughly 20 santa hats to buy you a blue partyhat today.

Edibles are interesting as well. Back then, a half wine was worth about the price of a red ween. Now it is about 6- 7 red hweens. Two pumpkins were worth a little over 1 blue ween. Now one pumpkin is worth about 100 M more than one blue ween.

Any thoughts on any of this? Can we incur that some items are undervalued right now and others overvalued, or were these changes in ratios expected due to the rarity of some of these items and player demand?

IMO H'weens have been the worst performers in the last decade, whereas the half wine has been one of the best items in terms of these ratios shifting. Everything has shifted up together predictably, but the stretch between H'weens and other items has increased substantially. Why is that? Any thoughts?
I'm known as Rich King Midas, and when you look at me, you'll see a king who knows a thing about his treasury. I never cared for women. I've never cared for wine. But when I count a large amount of money - ha ha - it's divine!

04-Jul-2020 18:14:35 - Last edited on 04-Jul-2020 23:57:36 by RichKngMidas

Krimandy1
Dec Member 2023

Krimandy1

Posts: 31,567 Sapphire Posts by user Forum Profile RuneMetrics Profile
If you are interested in price ratios over time, you can check out my graphs on page 126 in ~Discontinued Item Status V59~ thread.

I do believe ratios are meaningful, but less so that they used to be. Markets move more independently (partyhats, lowers and edibles) now and are more suceptible to pump and dump and manipulation than ever before.

04-Jul-2020 18:19:29

Shn
Aug Member 2023

Shn

Posts: 406 Silver Posts by user Forum Profile RuneMetrics Profile
Below are the trading statistics on all 50 pages of the Discontinued Items trading forum.

You can clearly see the amount of selling has been very high in the past several days.

What do you guys make of this data?



The raw data:

Creator of RuneRares (no longer available). Been playing 15+ years.

05-Jul-2020 00:17:59 - Last edited on 05-Jul-2020 00:20:11 by Shn

Pkavidas

Pkavidas

Posts: 113 Iron Posts by user Forum Profile RuneMetrics Profile
@SHN Lower rares have reached high prices (far faster than the GE can update) so the status thread is being used much more to report trades of lowers.

Edit: and a LOT more people are getting involved in flipping rares since arch came out (which also explains how volatile the lowers are right now).

05-Jul-2020 02:24:35 - Last edited on 05-Jul-2020 02:27:15 by Pkavidas

Shn
Aug Member 2023

Shn

Posts: 406 Silver Posts by user Forum Profile RuneMetrics Profile
Pkavidas said :
@SHN Lower rares have reached high prices (far faster than the GE can update) so the status thread is being used much more to report trades of lowers.

Edit: and a LOT more people are getting involved in flipping rares since arch came out (which also explains how volatile the lowers are right now).


No data for lowers is included in my graph. It's all trading for phats in the discontinued item trading forum.
Creator of RuneRares (no longer available). Been playing 15+ years.

05-Jul-2020 02:44:05

RichKngMidas

RichKngMidas

Posts: 175 Iron Posts by user Forum Profile RuneMetrics Profile
@Shn To me, the data, showing significantly more sales than buys, now, means that a lot of players in the Phat market are trying to cash out on the recent rise. In addition to that, I interpret it to mean that a lot of them must not feel that prices will stay where they are, at their current high levels. I'm known as Rich King Midas, and when you look at me, you'll see a king who knows a thing about his treasury. I never cared for women. I've never cared for wine. But when I count a large amount of money - ha ha - it's divine!

05-Jul-2020 03:09:59

Trip180

Trip180

Posts: 16,702 Opal Posts by user Forum Profile RuneMetrics Profile
Midas,

For every seller, there's a buyer. If there were more sellers, then prices would be falling. Currently, prices are steady for phats.

White is weak, which suggests a lack of confidence in phats.

A future update could crash them. DXP would crash them. But will that happen? There was a strong dip, and then it bounced.
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. :(

05-Jul-2020 05:39:31

Trip180

Trip180

Posts: 16,702 Opal Posts by user Forum Profile RuneMetrics Profile
I believe cracker has usually trended to be lower than blue. Currently, cracker is certainly well above blue. Cracker is all of the sudden very popular. 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. :(

05-Jul-2020 05:46:58

Destruction

Destruction

Posts: 63,021 Emerald Posts by user Forum Profile RuneMetrics Profile
Original message details are unavailable.
Original message details are unavailable.
been gone for a few months now to come back to see the prices of rares sky rocketing can someone explain to me why? would appreciate the input.


In Mid June a video came out saying there was a massive dupe and prices skyrocketed as a result. Since this thead for item statuses only, please see this thread that has a JMOD response (page 3) explaining how there actually was zero influence as a consequence on the rares market.

QFC 17-18-589-66168117


Not entirely correct, prices began skyrocketing way before.
The action or process of causing so much damage to something that it no longer exists or cannot be repaired.

05-Jul-2020 08:55:42

I Lack Heart
May Member 2016

I Lack Heart

Posts: 947 Gold Posts by user Forum Profile RuneMetrics Profile
Shn said :
Below are the trading statistics on all 50 pages of the Discontinued Items trading forum.

You can clearly see the amount of selling has been very high in the past several days.

What do you guys make of this data?



The raw data:


is that phat sales or sales in general? what ive learned to know about price check fc's is that people tend to report sales and buys that they think will benefit them profit wise aka large surge of reports on specific items by specific people. of course there is people who want to genuinely be helpful.

05-Jul-2020 10:33:13

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