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 16:07:43
- Last edited on
19-Aug-2020 17:42:32
by
Kehl
