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Nov 2023

DofIamingo

Posts: 2,684 Adamant Posts by user Forum Profile RuneMetrics Profile

Citi Bank said :
Trip180 said :
Predictions? Even Green H'ween is now over max (unbuyable in ge at the time of this post).

Great rare crash of 2021?

No. Demand is strong and it’ll continue getting stronger than ever! These items are ultra rare and they rarer they are, the more they will be worth. Partyhats are way overperforming all other rares. Who would’ve thought people would have so much gp!? But they do. 67B blue!

I personally think they'll release a new currency sometime next summer, so until then there's no reason for any rares and even some sof/3a/2a items to go down.

08-Dec-2020 17:29:11

Nov 2023

DofIamingo

Posts: 2,684 Adamant Posts by user Forum Profile RuneMetrics Profile

Tbh if people think the prices of rares are bad now, wait till more and more phats land in the hands of gold farm sites when stakers cash out. Prices would easily double from what they are now.

Personally I don't care what the prices end up as but I only see a new currency as a solution to the inflation.

I believe Gold farm sites value rares such as phats differently to cash, since they are actually worth more than the immediate gp you pay for them, in the long run.

They have thousands and thousands of accounts with billions and billions of liquid GP. They can afford to hoard rares and take them out of the market regardless of how slowly they do so.

It's going to be a sad day when they hold large quantities of rares (they probably already do). Because when that happens, and Jagex decide to ignore the rare inflation issue until then, then they would be stuck between banning thousands of rares out of the game. Reducing supply further. Meaning more price rises.

Idk why people stopped pushing for a new currency, similar to OSRS. But imo it's the only logical solution to Rare inflation. It's not like they can reduce RWT anyway, and i guess they would be worried about sites selling larger quantities. But if you can't stop one problem, why let it affect another.

08-Dec-2020 23:29:09

Nov 2023

DofIamingo

Posts: 2,684 Adamant Posts by user Forum Profile RuneMetrics Profile

Tbh if people think the prices of rares are bad now, wait till more and more phats land in the hands of gold farm sites when stakers cash out. Prices would easily double from what they are now.

Personally I don't care what the prices end up as but I only see a new currency as a solution to the inflation.

I believe Gold farm sites value rares such as phats differently to cash, since they are actually worth more than the immediate gp you pay for them, in the long run.

They have thousands and thousands of accounts with billions and billions of liquid GP. They can afford to hoard rares and take them out of the market regardless of how slowly they do so.

It's going to be a sad day when they hold large quantities of rares (they probably already do). Because when that happens, and Jagex decide to ignore the rare inflation issue until then, then they would be stuck between banning thousands of rares out of the game. Reducing supply further. Meaning more price rises.

Idk why people stopped pushing for a new currency, similar to OSRS. But imo it's the only logical solution to Rare inflation. It's not like they can reduce RWT anyway, and i guess they would be worried about sites selling larger quantities. But if you can't stop one problem, why let it affect another.

08-Dec-2020 23:29:09

Trip180

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

DofIamingo quote: "new currency."

Rhodium Tokens

Quick find code: 185-186-954-66178466 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.

09-Dec-2020 01:09:26

Oct 2017

Raphtalia6

Posts: 1,134 Mithril Posts by user Forum Profile RuneMetrics Profile

DofIamingo said :
Tbh if people think the prices of rares are bad now, wait till more and more phats land in the hands of gold farm sites when stakers cash out. Prices would easily double from what they are now.

Personally I don't care what the prices end up as but I only see a new currency as a solution to the inflation.

I believe Gold farm sites value rares such as phats differently to cash, since they are actually worth more than the immediate gp you pay for them, in the long run.

They have thousands and thousands of accounts with billions and billions of liquid GP. They can afford to hoard rares and take them out of the market regardless of how slowly they do so.

It's going to be a sad day when they hold large quantities of rares (they probably already do). Because when that happens, and Jagex decide to ignore the rare inflation issue until then, then they would be stuck between banning thousands of rares out of the game. Reducing supply further. Meaning more price rises.

Idk why people stopped pushing for a new currency, similar to OSRS. But imo it's the only logical solution to Rare inflation. It's not like they can reduce RWT anyway, and i guess they would be worried about sites selling larger quantities. But if you can't stop one problem, why let it affect another.

I think a new currency is a good choice. but im not sure if it would change anything to todays market. ofcourse that way people can sell their rares for tokens and/or shards. but will they really do that or will they make use of those new tokens to increase the prices of rares even further. i personally believe they might use the new currency to their own play. making it an even worse nightmare and that is that a blue partyhat could qua triple in price making it well over 200b. obviously not in 1 roll but over time it might depending on how the market and their players react to the new tokens. i think the risk is higher than the reward in this case. 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!.

09-Dec-2020 05:26:51

Trip180

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

One oddity in this market: No one wanted blue phats; everyone wanted white. And then, blues became scarce, whites common.

Odd to see price ratios change so frequently among phats. 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.

09-Dec-2020 06:52:23

Oct 2017

Raphtalia6

Posts: 1,134 Mithril Posts by user Forum Profile RuneMetrics Profile

i agree on that trip,

Personally i like white and yellow more than the other colours.

normally its like yellow+100-300m for purple / purple +400-700m for green green+2500-3000m for red and red+3000-4000m for white and white+5000-6500m for blue.

(not the exact price but this should make it close to the real deal.

right now its like 67b for a blue while white is at 54b red at like 41-44b?. and green at 32b and yellow and purple hovering between 30.5-31.5b.

the average price+ rise price+ peak price gives me bad vibes and should alert not just me about what is happening atm with the phat prices.

I think im not the only one with this opinion and i really hope people are mindful about this.

I recall there was a thread about "what is your favorite phat colour" in which the preference could be seen more clearly than with a price set for a phat. 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!.

09-Dec-2020 07:14:41

Trip180

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

WallSt Bets said :
Token prices before they were hoarded in mass amounts by merchants and then pumped up

Pet:: 3m / 5m / 5m / 2m (Wolpertinger/Tribal/Easter Egg/Keg)

B = Instant buy/non-instant sell (rounding up to the nearest million)
S = Instant sell/non-instant buy (rounding down to the nearest million)

Token prices after coordinated hoarding and posting prices to friends chats and forums

Pet:: 500b/1285s/2300b/450b (Wolpertinger/Tribal/Easter Egg/Keg)

If you want to show support to the merchants for their hard work, you can do so by buying the tokens! Tokens also get used over time. And many owners are oblivious to price changes, tokens just sitting in banks. 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.

09-Dec-2020 09:23:36

Trip180

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

Raphtalia6 said :
Personally i like white and yellow more than the other colours. Yellow was my first phat. I thought it golden Later, I upgraded to white. Those used to be my two favourites. Now, I generally like them all I guess. I buy whatever is undervalued. No one wanted blue for much of this year, so I held blues. Now, I have just one white.

If I can get a set back, I'll probably just lend them for free membership. Lending is incredible money now. 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.

09-Dec-2020 09:28:15

Trip180

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

Tuffty said :
Now thats all done. I would request everyone be nice on here as last few days it's been a nightmare. Tuffty enjoys his work though. What would RS be without him? 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.

09-Dec-2020 12:22:48

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