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Raphtalia6
Oct Member 2017

Raphtalia6

Posts: 1,134 Mithril Posts by user Forum Profile RuneMetrics Profile
Mytrix said :
In my opinion lower rares are now having their last great run, when they accelerate like this at their nearing peak at end of August, it means the “correction” will start soon. Prices will get stable at their lowest in March, based on history of rises/falls. One of the deepest points in price will most likely be available within 2 weeks/1 month after the crashing will occur.

Based on history, I predict these prices in March/February (I have been right several times back in time ;) )

GHM: was stable at 425 -> settle 750-850
BHM: was stable at 525 -> settle 950-1050
RHM: was stable at 660 -> settle 1200-1300
RSH: was stable at 825 -> settle ~1300-1650

I am curious if my predictions will be right! time will tell!

On a side note: I just cashed out almost all my lowers on my main and this account, they could go a little higher still, but it’s better to get out before the peak imo :P , instead of being greedy and missing the peak (I don’t logg in that much). I am keeping my hats, like I said before, don’t like spending much time selling them and rebuying.

If you have other predictions, please share!! Would love to hear. Also state on what facts you think these prices will settle, interesting to know :)


I personally dont think rares are going down anytime soon. rsh out of the ge scythe is max cash. red mask hit 2b today.

I personally think this is just the start.
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!.

17-Aug-2020 11:59:46

Mytrix

Mytrix

Posts: 319 Silver Posts by user Forum Profile RuneMetrics Profile
Raphtalia6 said :
Mytrix said :

I am curious if my predictions will be right! time will tell!

On a side note: I just cashed out almost all my lowers on my main and this account, they could go a little higher still, but it’s better to get out before the peak imo :P , instead of being greedy and missing the peak (I don’t logg in that much). I am keeping my hats, like I said before, don’t like spending much time selling them and rebuying.

If you have other predictions, please share!! Would love to hear. Also state on what facts you think these prices will settle, interesting to know :)


I personally dont think rares are going down anytime soon. rsh out of the ge scythe is max cash. red mask hit 2b today.

I personally think this is just the start.


That's typically what people say at this point with this kind of buyouts. They always think it will keep on rising. The thing is, at this time, there is a very high demand for these rares. Everyone wants to be on the hype train. Demand and supply are not real. Demand now is people want to be on the train. Supply now is people holding on until they think it peaked.

As soon as demand gets lower, a lot of people with 10+ of each rare will sell them and create bigger supply. At that moment demand will get even lower and supply even higher. Which is normal.
Red mask could easily hit 2b, however won't hold it for long term at this moment (maybe later in 2023 it will). When normal demand and supply will settle and people lose interest in lower rares (back to school, end of summer, ...) we will see the real prices at that point in time. As of this moment, it's just the hype train and FOMO. Same as every other buyout in RS history since the G.E.. History repeats itself over and over.

However like I said, time will tell and we shall see ;)
It's fun to speculate anyhow.

17-Aug-2020 13:30:31

ELITE STACK
Mar Member 2014

ELITE STACK

Posts: 8,082 Rune Posts by user Forum Profile RuneMetrics Profile
A year or 2 from now i think prices will settle at the following prices:


Xmas scythe: 900-950m was 450-500m before

Red hween: 800-850m was 620-650 before

blue hween: 675-700m was 500-520 before

Green hween: 585-600m was 415-430 before

Pumpkin: 625-660m was 315-350 before

Easter egg: 450-480m was 220-240 before.
I need my blue charms back.

19-Aug-2020 21:21:07

Kehl

Kehl

Posts: 331 Silver Posts by user Forum Profile RuneMetrics Profile
It’s probably a mix of things going on that make these jumps within the past 6 months different from anything we’ve experienced in the past. Pool of money is now in circulation from tons of players that kept GP stocked away over the years in bank to prepare for the next Hiscores race on the next buyable skill release which was archaeology. It also helps that the pandemic brought a lot of new and returning players. Then there is the supposed rumor that a ton of GP was duped. Also another rumor that some of the top RWT sites are starting to move a higher percentage of their GP into the discontinued rares item market.

Right before archaeology release earlier this year, green hween used to be in the 400s and Santa in the 800s. It has only surged since then with very minimal dips. This is not normal.

I also wanted to add another consideration for these surging prices all across the board. This could be a result of real life consumer spending plummeting. People are probably saving more money than ever before by cooking more frequently at home and the fact that many sporting events, flights, night clubs/bars, and concerts have been canceled. This could possibly mean that people could have allocated these spare funds elsewhere such as buying bonds in order to buy that rare that they have always wanted. It might be the reason why bonds have been floating around the same price throughout this whole pandemic because more people are spending real life cash while many rares doubled and some more than tripled in price.

Check out this article on forbes.

https://www.forbes.com/sites/billhardekopf/2020/08/14/this-week-in-credit-card-news-pandemic-brings-huge-drop-in-credit-card-debt-and-spending/#225afb593122

19-Aug-2020 21:32:21

H Rassy
Sep Member 2023

H Rassy

Posts: 17,469 Opal Posts by user Forum Profile RuneMetrics Profile
Its getting a bit silly and hats are still underpriced when compared to all the smaller ones.
I wonder if jagex will go do something,i honestly dont see how this can be good for the game. Even santa can not be bought in ge anymore,whats the point of gold coins if they are worth next to nothing.

Normally you would think this would be the end of the rise,also at the appropiate timing.
But seeing how everything has unfolded this year i am not so sure about that anymore.

20-Aug-2020 02:26:50 - Last edited on 20-Aug-2020 02:30:15 by H Rassy

Potato on Rs

Potato on Rs

Posts: 1,764 Mithril Posts by user Forum Profile RuneMetrics Profile
H Rassy said :
Its getting a bit silly and hats are still underpriced when compared to all the smaller ones.
I wonder if jagex will go do something,i honestly dont see how this can be good for the game. Even santa can not be bought in ge anymore,whats the point of gold coins if they are worth next to nothing.


Good for the game? These are items that are almost two decades old that are sought after strictly for their rarity/prestige. As time goes on they simply become more expensive due to the lack of new supply and to keep up with inflation. I suppose Jagex could try to increase the GE limit above 2147m, but all the oldschool rares eventually moving out of the GE seems completely reasonable to me.

If anybody observes irl collectible markets like magic the gathering/yugioh (which are also a similar age to runescape) something similar has been happening for years. Old cards (equivalent to rares in RS) that are discontinued, rare, yet have little/no functionality are almost guaranteed to go up over time with a trend of a large spike occurring once every few years followed by retraction, but after the retraction the new price is often still a lot higher than the pre-buyout price. A similar trend can sometimes be seen in rs3 with rares and is probably what's happening with lower rares atm.

That being said idk where the lower rares will settle at, they could be at the peak of their spike and could retract or perhaps they haven't even hit their peak and in that case even retraction after the peak could keep them out of ge.

I do agree the price ratio of lowers:hats seems off though. With 2b masks it's like 7 masks=1 phat?

20-Aug-2020 13:42:47 - Last edited on 20-Aug-2020 14:00:32 by Potato on Rs

Alsinda
Apr Member 2019

Alsinda

Posts: 1,179 Mithril Posts by user Forum Profile RuneMetrics Profile
Santa made it out of ge. It will now do what it does.

Weens are still quite a ways from ge value of max. If you want weens to get to max they can't be over max, they'll have to roller coaster up to keep them swift moving upwards. If they are over max they stop ge price basically making them stagnat risk.

Keep em going, understand what it will take and gl on flipping up!!

21-Aug-2020 20:28:39

Knowledege

Knowledege

Posts: 84 Iron Posts by user Forum Profile RuneMetrics Profile
More gold being added to game inflation on the rise invest in limited items like rares hold forever and make high returns, seems simple doesn't it. I think an important point I don't see people mentioning is the number of players we have lost over the years which should lead to less demand and lower prices, but that hole was filled by artificial demand from merchers with a lot of capital hoping to profit. I believe people underestimate the amount of rares in-game I am saying this because a few people have shown me mass amounts of noted rares. the only way I can see rares staying up is a great amount of gold keeps getting added to the economy creating an artificial wealth affect for players, or the hoarders keep the majority of rares out of circulation which I doubt they will for long, as profit-taking becomes tempting. Just way the I see things I could be wrong. E Accumulation of wealth at one pole is at the same time accumulation of misery, agony of toil, slavery, ignorance, brutality, mental degradation, at the opposite pole - Karl Marx. Capitalism needs to be reformed around the world especially in the US.

21-Aug-2020 21:32:32

Potato on Rs

Potato on Rs

Posts: 1,764 Mithril Posts by user Forum Profile RuneMetrics Profile
Alsinda said :
Santa made it out of ge. It will now do what it does.

Weens are still quite a ways from ge value of max. If you want weens to get to max they can't be over max, they'll have to roller coaster up to keep them swift moving upwards. If they are over max they stop ge price basically making them stagnat risk.

Keep em going, understand what it will take and gl on flipping up!!


Isn't ge price stagnation a rare event? Seems like only extremely low volume items have price spikes so aggressive they stabilize out of ge well before the ge price updates to max cash (eg zombie walk, half wine jug). Also despite these items having ge prices below max it seems extremely unlikely/impossible they'll go below max cash simply due to the fact the ge price is below max.

22-Aug-2020 11:46:59

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