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Rollercoaster ride for onyx prices


jimbob9999

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Before I begin, this is only my opinion on what may happen, I'm not a big merchant and have no onyx items. Do not put too much faith into my theory, I'm no expert. Oh, long post too.

 

 

 

I think we may be in for a bit of a ride with onyx prices, firstly I think the prices may drop a bit due to several factors:

 

 

 

-Firstly before the update many players will have believed onyx prices (like most other gems) will rise with this update, so many (as I know have here) will have stockpiled onyx, also I believe players wanting a amulet of fury will have tried to get it before this update, believing they may be harder to get hold of and more expensive.

 

 

 

-Next, a lot of highly desirable, and consumables have entered into the game. Players would rather spend their money stocking up on the abyssal bracelet and the new dragon items (some people may rather buy 28 of each than a onyx necklace or bracelet as then they can charge a enitre inventory of dragon bracelets/necklaces in one go).

 

 

 

- Now factor in the fact that the new onyx items sound very bad when read about in the knowledge base, this means initially there will be low demand until people found out just how good (or bad) they are.

 

 

 

Now, add in all these factors and that should mean there's perhaps the highest onyx gem and amulet count coming into the game (as the ammy still seems most desirable) with the lowest demand (people with enough cash would rather spend on other jewellry, many potential fury buyers may have rushed to buy them earlier).

 

 

 

Later on however, I think the prices will rise due to:

 

 

 

-Some merchants may believe the prices will steady, they'll take advantage of the lowered price and stockpile the gems, when the demand finally steadies the merchants will either keep hold of the gems and let the prices carry on raising while onyx gems trickle in, or we could see a lot coming back into the economy (leading to another drop possibly).

 

 

 

-People will find out the items are probably quite good for pures, I've heard on here the onyx ammy can really raise the damage you can hit with obby items (good for obby pures) also I know the combat bracelet gives stat boosts, if the onyx is the same this is good for pures who cannot do rfd and have low def. Of course this will be limited by the fact few will risk such an expensive item in the wildy, but for the duel arena and training normally they could be quite useful.

 

 

 

This could go either way depending on the first point, but we should see the prices rise for a time, then may drop as merchants begin to sell.

 

Some other factors to add in will be if onyx prices start to drop, some merchants may panic and sell at an even lower price trying to minimize their profit, then when the prices start to rise again, some merchants may begin to buy the gems expecting them to keep raising (so that steady trickle of gems etc may still get taken by merchants waiting for a profit).

 

 

 

Knowing our economy, the prices of onyx items are probably near impossible to guess, but still it's nice to speculate, personally i think we're in for lots of changes with onyx prices over the next few days, I'd like to see what some of the big time merchants thing about this.

 

 

 

PS: Sorry for the long read and unorganised post.

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I agree with most all of your opinions, but I think that onyx items will only be able to rise so far, as eventualy it will be profitable to buy runes, and then sell them to the store for tokru, so they can buy the onyx.

 

 

 

Also, I think the gem rocks will become a more populated place, quite soon.

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Yes like always all the prices of new update items for a week or 2 will always be hecktic to deal with...

 

 

 

Reason this update seems so much more confusing with this onyx business and stuff (other then the fact that it is...) is the fact that so many people were throughly let down with this update.

 

 

 

So while everyone was buying runes and selling for onyx gems all month to make back loads of cash when the update came out and a great new item did as well...well it all backfired on them

 

 

 

and heres where the problems started in...

 

 

 

Some people read the update and info on the new onyx items and realised how horrid it is....so now they are just trying to all their gems they have off..

 

 

 

Some people instantly made the bracelet...thinking they could make a quick buck from the new item that everyone would want...yet no one did...so now they have to sell this bracelet for cheaper then the gem just to get rid of it and get some cash back

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I think BTS oftens sets players up for a fall.

 

Also, it always people to corner the market, personally although I do enjoy knowing what's coming up and speculating about it, I think jagex shouldn't be as precise about the things, if they'd just said they were updating some jewellry then this problem wouldn't be as big.

 

 

 

Also, I like the rush of trying to get those new items, it entertains me for a few hours more than it probably would otherwise.

 

 

 

Edit: Also, I didn't expect people would be so careless with such an expensive item, I really didn't expect any onyx item to fall below the price of the chaos needed to buy it, hopefully things don't get worse before they get better.

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I don't think this is true, as the price of onyx is pretty much directly tied to the price of chaos runes, which doesn't fluctuate too much.

 

 

 

On the forums right now, the new Onyx jewellery sells for 4.5-5M, its normal price. Of course, there are a few bargain-hunters and merchants who are trying to buy these items for 3-3.5M in the hope of a 1.5M profit later on, but so far nobody has been stupid enough to sell to them.

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i really haven't had time to check things out but are they new items any good? im trying to decide this myself

 

 

 

Taken from the Kbase:

 

 

 

Sapphire:

 

 

 

Bracelet of clay (m)

 

Wearer will mine soft clay rather than hard clay while wearing bracelet

 

This item will help mine 28 pieces of soft clay before it breaks

 

 

 

Emerald:

 

 

 

Castlewars bracelet (m)

 

Wielder will do extra 20% of damage against a bearer of their side's flag. Castlewars bandage heals 50% more to wielders of the bracelet.

 

Has 3 charges. Bracelet loses one charge each time wearer starts a game of Castle Wars. Bonuses apply even if castlewars bracelet has used its last charge and been destroyed.

 

 

 

Ruby:

 

 

 

Bracelet of innoculation (m)

 

Protects the wearer from an amount of disease damage

 

Breaks when protection has been used up

 

 

 

Diamond

 

 

 

Abyssal bracelet (m)

 

Prevents wearer from being skulled when entering the Abyss. Player still suffers from Prayer drain.

 

This item has 5 charges before breaking

 

 

 

Phoenix necklace (m)

 

Automatically restores Hitpoints equivalent to 30% of the max stat if wearer drops below 20%. Has priority over Ring of Life

 

This item is destroyed on use

 

 

 

Dragon:

 

 

 

Bracelet of combat (m)

 

Allows wearer to teleport to Warriors', Champions' and Ranging Guild as well as the Monastery. Updates wearer with their Slayer totals every tenth target they need to kill

 

Item holds 4 charges. Can be recharged at totem in Legends' Guild (requires completion of Legends' Quest)

 

 

 

Necklace of skills (m)

 

Allows wearer to teleport to Fishing, Mining, Crafting and Cooking Guild. Slightly increases chance of getting a casket when big net fishing.

 

Item holds 4 charges. Can be recharged at totem in Legends' Guild (requires completion of Legends' Quest)

 

 

 

Onyx:

 

 

 

Bracelet of regeneration (m)

 

Doubles the natural Hitpoint recovery

 

 

 

Berserker necklace (m):

 

Strength raised by 7

 

Stab Attack, Slash Attack and Crush Attack reduced by 10

 

Stab Defence, Slash Defence, Crush Defence, Magic Defence and Ranged Defence reduced by 20

 

Increases the amount of damage wearer does when wielding an obsidian melee weapon by 20%

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only the dragonstone bracelet has any bonuses and those are only as good as addy gloves :cry:

 

I'm just wondering is onyx necklace is good for obby maul pures

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Well, I bought an onyx before the update - but it was for personal use. Now that I see the items are not so desirable, I am stuck with an onyx.

 

 

 

So it didn't just affect market speculators.

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