Forums

Partyhats on Treasure Hunter!!

Quick find code: 366-367-431-66062777

Kalea Sprite

Kalea Sprite

Posts: 1,658 Mithril Posts by user Forum Profile RuneMetrics Profile
This image of the Common Trade Index was captured about 2 years ago:


If you check the Common Trade Index now, you will see it's still relatively constant.

This image of the Blue Partyhat was captured about 2 years ago:


As you can see, at the time that the image was captured, the alleged price of the Blue Partyhat hovered around 10b.

You posted these alleged current prices:


The alleged prices for the Blue Partyhat now is 17b to 18b.

Which means that the price of the Blue Partyhat has nearly doubled.

To be precise, in the last two years, the alleged prices of the Blue Partyhat has increased approximately 7b to 8b.

Why are the inflation rates of the Partyhats not consistent with Common Trade Index?

What accounts for the hyper-inflation of the Partyhats?

How come the Partyhats are persistently hyper-inflated when the Common Trade Index remains relatively constant?

There are more questions here but, ultimately, only Jagex would be able to answer those questions.

However, the concern is that these radical price spikes of the Partyhats is due to flip/merch/investing.


The flip/merch/investing leech mechanic causes inflation, in this case it's the even more extreme hyper-inflation rates that are observed.

The flip/merch/investing causes this sort of inflation because the proponents of flip/merch/investing will always tend to fabricate or manipulate (intentionally or unintentionally) the prices in order to leech the maximum amount of wealth.

Additionally, since no one has access to Jagex's data, if there are price spikes and valleys in the Partyhat market, it gives rise to the concern that groups of players are conspiring to rig the markets (their group controls the buy low/sell high dynamic) at the expense of other players.

For The Win, Support Partyhats on Treasure Hunter because it's a cost effective solution to address these sorts of issues! :D
'o.0'
Something interesting happened.

10-May-2019 18:27:53

Kalea Sprite

Kalea Sprite

Posts: 1,658 Mithril Posts by user Forum Profile RuneMetrics Profile
Whatusaytome said :
~ My research is on the activity of the forum marketplace, and you can't visually look at it like a book of knowledge. Just know I've done it. I don't see any evidence backing your claims so I'd appreciate it if you didn't act all high and mighty about your claims. Anybody with business experience can understand my claims ~

Anybody with business experience would say, "If you got research evidence, let's see it."

Even you are asking me to provide evidence.

I think that people with business experience would appreciate the information that I've provided because I've actually provided some and you haven't even bothered.

And, I've provided more evidence than you have, so where's your evidence???

From the observable evidence, that I've provided, it suggests that the flip/merch/investing leech mechanic is prone to abuse, there's an indication that it's overpowered.
So the flip/merch/investing must be nerfed with a solution such as Partyhats on Treasure Hunter.

But, check it out, here you are saying, that we can't visually look at your research.

Say what??? What u mean we can't visually look at your "research???"

Why can't we visually look at your evidence???

Why do you ask me for evidence to back up my claims, if you don't even follow your own standard of providing evidence to back up your claims?

So, if you've done "research," then let's see it, let's see your evidence.

By your own standards, if you don't have evidence, if you don't have visually observable "research," how else are you gonna back up your claims?

For The Win, Support Partyhats on Treasure Hunter, it's the right thing to do!!! :D
'o.0'
Something interesting happened.

10-May-2019 18:28:02

Kalea Sprite

Kalea Sprite

Posts: 1,658 Mithril Posts by user Forum Profile RuneMetrics Profile
4A6F6B6B75 said :
Whatusaytome said :
Ignored once again. By both.

Actually, Kalea responded to you, and I said I'd read the rest later. You waited less than 2 hours. You see, patience is important. Good things come to those who wait. Anja has taught me this, especially when trying to get something for free. So while you are saying that this is not going to happen because Jagex hasn't still done it after 240 pages, we still keep believeing, because it's the right thing to do.

Whatusaytome said :
Desperately trying to discover ways to drop partyhats to nothing is not going to happen. It just isnt. Jagex will not take that risk.

What risk? We just showed why it's a low risk. Actually, it seems that you are the one ignoring our posts. For example, see here , I don't think you recognised this.

Whatusaytome said :
Partyhats prices aren't accurate, but they are legitimately THE MOST rare items in the game. Which means their value is legitimately extremely high. It is meant to be that way.

I disagree. It's not meant to be that way. Partyhats are meant to be cheerful holiday items that everyone can enjoy, not a bragging tool for a tiny fraction of the community. It's a matter of opinion what they are meant to be (see the post I linked).

Exactly!

For The Win, support Partyhats on Treasure Hunter, it's the right thing to do!! :D

P.S. Hiya Jokku and Anja too!!!!!! :D
'o.0'
Something interesting happened.

10-May-2019 18:29:47 - Last edited on 10-May-2019 18:30:30 by Kalea Sprite

Whatusaytome
Apr Member 2020

Whatusaytome

Posts: 5,767 Rune Posts by user Forum Profile RuneMetrics Profile
For your link there.. They dont prioritize bragging over fun, most people involved with a partyhat today have earned it. I doubt there's still many original owners at all. They've earned their funds to buy it at some point and Jagex prioritizes approving their work ethic over fun, while providing fun everywhere else.

Braggarts, as we call them, are just a side effect of being successful. Not much we can do about that, and it shouldn't be illegal or called wrong. I'm sure you brag about your skills in other things.

Overall you want to make any work anybody has ever done to earn towards a partyhat worthless. Ruin their goals or accomplishments. Because you hate them being successful.

They may have been released for fun but they became rare and maintained it ever since rs2 came out. I don't know how that's a bad thing, there's the chromatic partyhat I enjoy that you could use if you wanted partyhat parties, or the 15th anniversary gnome hat. You can suggest new valueless ones like the torn ones. But originals should get some respect. Although I support a better price averaging system than just the people of the forums.
Your opinions here can affect us all. Please post for the better

Stepping Stone Partyhats
Update the rules , Trade Lock Scammers

10-May-2019 21:03:58

Whatusaytome
Apr Member 2020

Whatusaytome

Posts: 5,767 Rune Posts by user Forum Profile RuneMetrics Profile
Kalea, your trade index does not show me where they came up with 10b. Because that number is very very wrong for the blue partyhat 2 years ago.

Here is the farthest back version i could get off of the forums. January 2018.

Discontinued Item Status v49

took the effort to quote a locked thread for you. This is more accurate price range, dating December 21 2017 with 23379M as the blue price.. so yes,.it has gone down well over 4b since 2017
Your opinions here can affect us all. Please post for the better

Stepping Stone Partyhats
Update the rules , Trade Lock Scammers

10-May-2019 21:04:50 - Last edited on 10-May-2019 21:28:31 by Whatusaytome

Kalea Sprite

Kalea Sprite

Posts: 1,658 Mithril Posts by user Forum Profile RuneMetrics Profile
Whatusaytome said :
~ trade index does not show me where they came up with 10b ~

Their alleged prices for the Partyhats were listed at 10b at that time, I asserted then as I do now that their alleged prices are completely fabricated and conjured to suit the will of the Flip/merch/investors, so you'll have to ask them.

The Common Trade Index shows that several variables haven't had an impact on the economy overall, the population of players might have increased or decreased but the inflation/deflation rates have held constant.

The Common Trade Index also shows that the amount of gold pieces with the updates to various money making methods, in the game hasn't resulted in a persistent inflation or deflation rate.

So, with all the updates that might have impacted money making methods, the amount of gold pieces in the game has remained relatively constant.

That is, the Common Trade Index isn't sloping upwards, the economy isn't inflating or hyper-inflating.

So, what accounts for the hyper-inflation of the Partyhats?

I think that it's the flip/merch/investing leech mechanic that is one cause of this hyper-inflation rates that are observed.

The flip/merch/investing causes this sort of inflation because the proponents of flip/merch/investing will always tend to fabricate or manipulate (intentionally or unintentionally) the prices in order to leech the maximum amount of wealth.

Additionally, since no one has access to Jagex's data, if there are price spikes and valleys in the Partyhat market, it gives rise to the concern that groups of players are conspiring to rig the markets (their group controls the buy low/sell high dynamic) at the expense of other players.

So, if there's been a spike and crash, which group of people pocketed the billions and billions of leeched wealth?

Still waiting for you to post your "research," I have a ring of visibility so you can post it even if your evidence is invisible.
'o.0'
Something interesting happened.

10-May-2019 23:31:59

Whatusaytome
Apr Member 2020

Whatusaytome

Posts: 5,767 Rune Posts by user Forum Profile RuneMetrics Profile
The effect of partyhats is because they are not common items, like you keep thinking they are.

They dont act the same as the natural flow of items that have a supply source. They aren't sold or obtainable by anything else in the game.

There is an extremely low supply with an insanely high demand.

People willingly pay 17b today. And they willingly paid 22-23b in 2017.

The 10b listed on your trade index for blue partyhat was a miscalculated assumption based off of the inflation rate of unrelatable items. For an unpredictable time period of 5 years.

While there has been an uninterrupted 54 threads of constant updates that Jagex has never done anything to imply that the tracking has been done wrongly.

You graph is an assumption while there's over 106000 posts dedicated to tracking the prices of discontinued rares. Over 14000 of which we can still see. And it's impossible to just count how many pictures of accepted trades there are in each thread with people confirming they legitimately bought it.

And none of this includes any single trade offer listed in the marketplace forums currently.

I'm going to follow current tracking over an assumption chart.
Your opinions here can affect us all. Please post for the better

Stepping Stone Partyhats
Update the rules , Trade Lock Scammers

10-May-2019 23:45:44 - Last edited on 10-May-2019 23:47:42 by Whatusaytome

Kalea Sprite

Kalea Sprite

Posts: 1,658 Mithril Posts by user Forum Profile RuneMetrics Profile
Whatusaytome said :
The effect of partyhats is because they are not common items, like you keep thinking they are.

They dont act the same as the natural flow of items that have a supply source. They aren't sold or obtainable by anything else in the game.

There is an extremely low supply with an insanely high demand.

People willingly pay 17b today. And they willingly paid 22-23b in 2017.

The 10b listed on your trade index for blue partyhat was a miscalculated assumption based off of the inflation rate of unrelatable items. For an unpredictable time period of 5 years.

While there has been an uninterrupted 54 threads of constant updates that Jagex has never done anything to imply that the tracking has been done wrongly.

You graph is an assumption while there's over 106000 posts dedicated to tracking the prices of discontinued rares. Over 14000 of which we can still see. And it's impossible to just count how many pictures of accepted trades there are in each thread with people confirming they legitimately bought it.

And none of this includes any single trade offer listed in the marketplace forums currently.

I'm going to follow current tracking over an assumption chart.


Wait, hold on, you still haven't posted your "research."

Why are you ignoring this question?

When are you gonna post your "research?"
'o.0'
Something interesting happened.

11-May-2019 00:31:22

Quick find code: 366-367-431-66062777 Back to Top