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Yo Semite
Apr Member 2021

Yo Semite

Posts: 7 Bronze Posts by user Forum Profile RuneMetrics Profile
Hey! Moving this here at Tuffty's request.

First things first, the heart of this post is meant purely for discussion, and is not advocating any sort of manipulation, and any manipulation isn't welcome.

2020 has been a crazy year for rares and for the RS market, and its been a blast to observe. Just about every single rare has broken record prices, with the exception being pumpkins, which is why I'm making this post. What is it about pumpkins that is different from the other rares who saw more growth?

I thought at first maybe because its an "edible" and has no real use, but half-wine hit 11.5b. Disks have no use, and broke max cash. Easters broke the previous record by a decent margin and are likely considerably more common than pumpkins given that pumpkins were the first tradeable rare. Then I thought maybe because someone is hoarding them, but that's hardly a trait exclusive to pumpkins. Even if they were hoarded a lot, it would only affect price negatively if they walled an artificially low price, and that doesn't make sense to do. I just find it peculiar that they didn't see as big of a rise as the other rares, and I'd love to hear other people's thoughts on this -- maybe there's something glaringly obvious that I'm missing?

Please keep it civil as always!

15-Jul-2020 20:28:14

Destruction

Destruction

Posts: 63,021 Emerald Posts by user Forum Profile RuneMetrics Profile
Original message details are unavailable.
NiS 5 x RSH overnight

ALL 1650M


InB 2 x RSH

1698M flat
1700M(-3gp)

10 minutes ago.

You remind me of my best friend. :)
The action or process of causing so much damage to something that it no longer exists or cannot be repaired.

16-Jul-2020 14:46:52

Dr Goldfire
May Member 2012

Dr Goldfire

Posts: 2,553 Adamant Posts by user Forum Profile RuneMetrics Profile
Yo Semite said :
Hey! Moving this here at Tuffty's request.

First things first, the heart of this post is meant purely for discussion, and is not advocating any sort of manipulation, and any manipulation isn't welcome.

2020 has been a crazy year for rares and for the RS market, and its been a blast to observe. Just about every single rare has broken record prices, with the exception being pumpkins, which is why I'm making this post. What is it about pumpkins that is different from the other rares who saw more growth?

I thought at first maybe because its an "edible" and has no real use, but half-wine hit 11.5b. Disks have no use, and broke max cash. Easters broke the previous record by a decent margin and are likely considerably more common than pumpkins given that pumpkins were the first tradeable rare. Then I thought maybe because someone is hoarding them, but that's hardly a trait exclusive to pumpkins. Even if they were hoarded a lot, it would only affect price negatively if they walled an artificially low price, and that doesn't make sense to do. I just find it peculiar that they didn't see as big of a rise as the other rares, and I'd love to hear other people's thoughts on this -- maybe there's something glaringly obvious that I'm missing?

Please keep it civil as always!
I view it just as a price latency, which is most likely caused by significantly low trading volume.

As far as I remember, pumpkins used to "walk" not far away from disks, but also definitely used to be around 2 - 2.5 times more expensive than Easter eggs.

Price lags are just a temporary phenomenon, therefore it is just a matter of (possibly) weeks for the ratios to get back to normal.
Everything, ranging from sub-atomic particles to galaxy clusters, has its dynamics predefined. And then there are people claiming that systems like economy, society or other human sub-systems are in our hands.

A girl without freckles is like a night without stars.

16-Jul-2020 18:49:58

Yo Semite
Apr Member 2021

Yo Semite

Posts: 7 Bronze Posts by user Forum Profile RuneMetrics Profile
Dr Goldfire said :
Yo Semite said :
Hey! Moving this here at Tuffty's request.

First things first, the heart of this post is meant purely for discussion, and is not advocating any sort of manipulation, and any manipulation isn't welcome.

...

Please keep it civil as always!
I view it just as a price latency, which is most likely caused by significantly low trading volume.

As far as I remember, pumpkins used to "walk" not far away from disks, but also definitely used to be around 2 - 2.5 times more expensive than Easter eggs.

Price lags are just a temporary phenomenon, therefore it is just a matter of (possibly) weeks for the ratios to get back to normal.

Interesting. So do you think that these rare-to-rare ratios themselves emerged naturally from market transactions, or are they more artificial based on investors' intervention? I would suspect that if they were artificial they would have "equalized," so to speak, much quicker. If its a natural occurrence, it would make sense for it to lag a bit as the market equalizes and people see opportunity for growth where they were previously distracted by other rares.

I'm not familiar enough with rares market ratios to know for sure, but it seems like a lot of rares are having unprecedented climbs and seem to be sling-shotting each other up and up (wines, bsh, disks etc.). Would the huge momentum these more expensive rares have possibly translate into similarly large momentum in lower rares as the market tries to keep previously established ratios, assuming they arose naturally?

Its just so fascinating to me that such nuances in a market can emerge from a video game as a microcosm of a real-life market. Runescape is fun to play, but the market it has is the thing that keeps me most engaged I think.

16-Jul-2020 22:54:21

Dr Goldfire
May Member 2012

Dr Goldfire

Posts: 2,553 Adamant Posts by user Forum Profile RuneMetrics Profile
Yo Semite said :

Interesting. So do you think that these rare-to-rare ratios themselves emerged naturally from market transactions, or are they more artificial based on investors' intervention? I would suspect that if they were artificial they would have "equalized," so to speak, much quicker. If its a natural occurrence, it would make sense for it to lag a bit as the market equalizes and people see opportunity for growth where they were previously distracted by other rares.

I'm not familiar enough with rares market ratios to know for sure, but it seems like a lot of rares are having unprecedented climbs and seem to be sling-shotting each other up and up (wines, bsh, disks etc.). Would the huge momentum these more expensive rares have possibly translate into similarly large momentum in lower rares as the market tries to keep previously established ratios, assuming they arose naturally?

Its just so fascinating to me that such nuances in a market can emerge from a video game as a microcosm of a real-life market. Runescape is fun to play, but the market it has is the thing that keeps me most engaged I think.
Naturally, of course. Market is all about physics. Nothing artificial neither magic.
Everything, ranging from sub-atomic particles to galaxy clusters, has its dynamics predefined. And then there are people claiming that systems like economy, society or other human sub-systems are in our hands.

A girl without freckles is like a night without stars.

16-Jul-2020 23:42:01

Pkavidas

Pkavidas

Posts: 113 Iron Posts by user Forum Profile RuneMetrics Profile
I see wreath rising quite a bit really soon actually, for a few reasons:

It is the rarest discontinued item in the game.
It is extremely undervalued.
It has only risen since release and has done so steadily.
Other lower rares have gone absolutely insane and many are seriously overvalued (santas, masks and edibles) and are due for a crash.

Once people start dumping their hoards of lowers they will have to reinvest somewhere. I think holly wreaths will be a good bet.

The way I see it the only rares that aren't over valued are scythes, wreaths, BSH and party hats.

Then again, this is what I am invested in so we'll see :)

Edit: Only reason for their slow increase (relative to scythes) is because they are extremely low volume because of their scarcity and because people are investing heavily into GE rares. Once people start trying to buy them up the price will skyrocket because of the short supply and we'll see something like what happened with half jug.

17-Jul-2020 02:46:06 - Last edited on 17-Jul-2020 02:52:06 by Pkavidas

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