Freesia Posted November 20, 2007 Share Posted November 20, 2007 Before the update, staking stands as one of the most awesome income in the game (seems better than 91rc), with this income, stakers could afford rares so they constitute a major portion of the demand on rares, now that staking is down, will rares drop? Strangely with WotLK so near, I wished I could delay it a bit to push through that last TBC content in MH/BT :'(. Link to comment Share on other sites More sharing options...
mikehild Posted November 20, 2007 Share Posted November 20, 2007 8 hours ago I saw people successfully selling red masks for 35m each. Now I see people attempting to sell them for 30m each. I haven't been watching other rares though, except for one of my friends who successfully sold a red phat for 240m this morning. Not sure on the price of them right now. I am so glad I sold mine last week. O:) Link to comment Share on other sites More sharing options...
Doryphore Posted November 20, 2007 Share Posted November 20, 2007 I think this and the grand exchange will both effect the RS economy alot. People will probably buy rares for much less so prices will go down. Though if some prices go down there will be less bots so there is some good thuings. I think now stakers will maybe use other combat mean to raise money and the duel arena will be more for fun then profet. Link to comment Share on other sites More sharing options...
Mordendravid Posted November 20, 2007 Share Posted November 20, 2007 Before the update, staking stands as one of the most awesome income in the game (seems better than 91rc), with this income, stakers could afford rares so they constitute a major portion of the demand on rares, now that staking is down, will rares drop? Unlikely. Whilst stakers are probably some of the richest players in the game, they are not actually generating any income.. No new money enters the economy as a result of a stake being won or lost - it is merely a change in the disribution of wealth. Stakers are, therefore, simply efficient collectors of gp. It is always difficult to predict the impact of any updates on the price of any items within the game, but if even half the number of stakers quit that have threatened to then the supply of rares will also be reduced as they are taken out of the game on retired accounts.. Link to comment Share on other sites More sharing options...
The Observer Posted November 20, 2007 Share Posted November 20, 2007 I will probably have an impact on discontinued items as they will be even harder to get. The price might actually go down a little bit as there will be more sellers than buyers. Link to comment Share on other sites More sharing options...
bored321 Posted November 20, 2007 Share Posted November 20, 2007 prices atm are down alot 30M+ on phats and 4m-5m on masks and santas in w2. :oops: Thanks Gradeskip93 for my awesome sig! Link to comment Share on other sites More sharing options...
TheAncient Posted November 20, 2007 Share Posted November 20, 2007 Either way, I'm keeping my white party hat until I die :) BGS fell 10M today as well. I bought one and then sold, for a loss for 500K -_-. Luckily I sold one for 45.5 yesterday :twisted: Ever wanted to find street prices of RS items? Check out the SPOLI Index Nex Drops: Pernix Cowl, Pernix Chaps, Torva Helm, Torva Platebody, Zaryte Bow, Pernix Chaps, Virtus Robe Legs, Virtus Robe Top, Torva Platelegs, Zaryte Bow, Pernix Chaps, Virtus Robe Legs, Zaryte Bow, Virtus Mask, Torva Legs, Virtus Robe Legs, Virtus Robe Top, Virtus Robe Top, Zaryte Bow, Virtus Robe Legs, Virtus Robe Top, Virtus Robe Top, Torva Platelegs, Zaryte Bow, Pernix Body, Torva Platelegs, Torva Platelegs, Virtus Robe Top Link to comment Share on other sites More sharing options...
qeltar Posted November 20, 2007 Share Posted November 20, 2007 prices atm are down alot 30M+ on phats and 4m-5m on masks and santas in w2. :oops: Excellent news! Thanks for the update. :) Qeltar, aka Charles KozierokWebmaster, RuneScoop - Premium RuneScape Information for Expert Players -- Now Free!Featuring the Ultimate Guide to Dungeoneering -- everything you need to know to get the most of the new skill! Link to comment Share on other sites More sharing options...
Smapla Posted November 20, 2007 Share Posted November 20, 2007 apparently some party hats have dropped by 50 mil. Link to comment Share on other sites More sharing options...
wakka102 Posted November 21, 2007 Share Posted November 21, 2007 as soon as people reolize this price drop them will start buying, the price always stabalized then goes up, its just a trend I've seen with past rare crashes. Everyone says it wont and then it does. I expect them to go back up, ALOT, with a bit of time, then drop back down to a stable price similar to what it was. Link to comment Share on other sites More sharing options...
jonni Posted November 21, 2007 Share Posted November 21, 2007 prices atm are down alot 30M+ on phats and 4m-5m on masks and santas in w2. :oops: WHAT? they have dropped by those amounts or they cost those amounts? Either way I stand to lose a fair amount on my masks :( Someone say something reassuring, please :wall: dedicate your idle computer power to a scientific project. Link to comment Share on other sites More sharing options...
wakka102 Posted November 21, 2007 Share Posted November 21, 2007 prices atm are down alot 30M+ on phats and 4m-5m on masks and santas in w2. :oops: WHAT? they have dropped by those amounts or they cost those amounts? Either way I stand to lose a fair amount on my masks :( Someone say something reassuring, please :wall:I did lol Link to comment Share on other sites More sharing options...
Duke_Freedom Posted November 21, 2007 Share Posted November 21, 2007 Stakers have always been quite a big players in the Rares Market - not too surprising rares have been going down so much on this. Even though I have no clue of the current sentiment, with all the panic going on the drop may last a little longer yet, especially with people being all so negative about the GE. In the end, all of this is futile to bring down the rares prices permanently. They will rebound to new heights sooner or later anyway. Although Jagex does continously add new negative price factors for rares, which is partly why they haven't been increasing all that much over the last year anymore and perhaps might not do much in the future as well. Plus, there are other factors, like stagnating population growth and lower money growth. prices atm are down alot 30M+ on phats and 4m-5m on masks and santas in w2. :oops: Excellent news! Thanks for the update. :) It is quite sad that some people actually enjoy it if other players gameplay is disturbed, while they claim that such gameplay doesn't effect them at all. Yeah, sad. Especially when the same hypocrits call for people to take on a "nicer attitude" in the game. :roll: Edit: Cross quoting the following from another thread makes it even 10 times worse what you said. Remember your comments when something YOU like in the game is destroyed and others aren't sympathetic... The value of my bank at its height. Estimated value at the peak of the rares market: 250 billion+.Most likely the largest trade in RuneScape ever. Estimated value at the peak of the rares market: 70 billion+. Link to comment Share on other sites More sharing options...
y3ahyeahy3ahs Posted November 21, 2007 Share Posted November 21, 2007 yea i boguht my santa 21.5m they much less now but comes dec 20th-24 theyl be 25-30m and il make profit buy rares by seasons R.I.P. R.S. S.T.A.K.I.N.G. Link to comment Share on other sites More sharing options...
icecube Posted November 21, 2007 Share Posted November 21, 2007 prices atm are down alot 30M+ on phats and 4m-5m on masks and santas in w2. :oops: I've seen those prices in RSOF as well but 99.9% of them are fake threads but there's always one or two scared players that sells their rare for low because they think the world is ending. Have you seen any REAL completed trades in W2 for those prices? I have not seen many, if any at all in RSOF. Link to comment Share on other sites More sharing options...
anonymouse_ Posted November 21, 2007 Share Posted November 21, 2007 Before the update, staking stands as one of the most awesome income in the game (seems better than 91rc), with this income, stakers could afford rares so they constitute a major portion of the demand on rares, now that staking is down, will rares drop? Unlikely. Whilst stakers are probably some of the richest players in the game, they are not actually generating any income.. No new money enters the economy as a result of a stake being won or lost - it is merely a change in the disribution of wealth. Stakers are, therefore, simply efficient collectors of gp. It is always difficult to predict the impact of any updates on the price of any items within the game, but if even half the number of stakers quit that have threatened to then the supply of rares will also be reduced as they are taken out of the game on retired accounts..Stakers were the ones who put the greatest demand on rares. The average player would take months to actually make the same money as a staker could in a day. Many stakers hoarded rares, but with this new update, they can no longer afford to buy more rares so the demand has pretty much disappeared. It's a shame, since my purple went up like 40M since September Link to comment Share on other sites More sharing options...
qeltar Posted November 21, 2007 Share Posted November 21, 2007 It is quite sad that some people actually enjoy it if other players gameplay is disturbed, while they claim that such gameplay doesn't effect them at all. You apparently haven't been paying attention, because I have been complaining all day about the 3k limit, *even though* it doesn't affect me at all personally. But the prices of rares going down doesn't "disturb" anyone's gameplay. I think it's a good thing when ridiculous situations are corrected, and the prices of rares definitely qualifies. Qeltar, aka Charles KozierokWebmaster, RuneScoop - Premium RuneScape Information for Expert Players -- Now Free!Featuring the Ultimate Guide to Dungeoneering -- everything you need to know to get the most of the new skill! Link to comment Share on other sites More sharing options...
meili Posted November 21, 2007 Share Posted November 21, 2007 Well I've had rares since before high level staking and they always went up in price then. So, historically speaking, rares will still go up even if there are no stakers. :D The Runescape Wilderness - Meili's Blog Link to comment Share on other sites More sharing options...
anonymouse_ Posted November 21, 2007 Share Posted November 21, 2007 But the prices of rares going down doesn't "disturb" anyone's gameplay. I think it's a good thing when ridiculous situations are corrected, and the prices of rares definitely qualifies.It's hardly ridiculous. The demand is set by the players, not Jagex. If some are willing to pay that much, then I don't see a reason why they shouldn't. I'm sure Jagex will fix the 3k limit if people spam/rant/flame them enough :lol: yea i boguht my santa 21.5m they much less now but comes dec 20th-24 theyl be 25-30m and il make profit buy rares by seasons Lmao another inexperienced 'merchant' =D> Link to comment Share on other sites More sharing options...
monkeyboo2 Posted November 21, 2007 Share Posted November 21, 2007 Before the update, staking stands as one of the most awesome income in the game (seems better than 91rc), with this income, stakers could afford rares so they constitute a major portion of the demand on rares, now that staking is down, will rares drop? Unlikely. Whilst stakers are probably some of the richest players in the game, they are not actually generating any income.. No new money enters the economy as a result of a stake being won or lost - it is merely a change in the disribution of wealth. Stakers are, therefore, simply efficient collectors of gp. It is always difficult to predict the impact of any updates on the price of any items within the game, but if even half the number of stakers quit that have threatened to then the supply of rares will also be reduced as they are taken out of the game on retired accounts.. no but for the sake of rares, duellers gathered and accumulated money rather than it being split up, and not effecting rares. When it is split up, it may not buy a rare. Ppl can't gather money as fast any more, so less rares will be sold, and rare prices will fall. Yeah...Some people just go out of their way to ruin other peoples fun.Sounds like Jagex to me... Link to comment Share on other sites More sharing options...
Danqazmlp Posted November 21, 2007 Share Posted November 21, 2007 apparently some party hats have dropped by 50 mil. Yellow phats have. Want to be my friend? Look under my name to the left<<< and click the 'Add as friend' button!Big thanks to Stevepole for the signature!^ Link to comment Share on other sites More sharing options...
taxman Posted November 21, 2007 Share Posted November 21, 2007 Isnt there the possibility that some of the higher level stakers quit/just keep their rares? taking a sizeable chunk of the rares out of the market? I guess some stakers may move on to skilling etc. and therefore sell the rares and increase the supply but with the current outcry over staking (if all the RSOF rants were to be believed) then many stakers are quitting and it could cause a rise again. Also with the GE being implemented things could be multiplied but well i'm not really sure.....atm it looks pretty bad for my 3 rares though :( Link to comment Share on other sites More sharing options...
qeltar Posted November 21, 2007 Share Posted November 21, 2007 It's hardly ridiculous. The demand is set by the players, not Jagex. If some are willing to pay that much, then I don't see a reason why they shouldn't. They can pay whatever they want. And they should expect that they can lose money as well as gaining it. Qeltar, aka Charles KozierokWebmaster, RuneScoop - Premium RuneScape Information for Expert Players -- Now Free!Featuring the Ultimate Guide to Dungeoneering -- everything you need to know to get the most of the new skill! Link to comment Share on other sites More sharing options...
Infernosage4 Posted November 21, 2007 Share Posted November 21, 2007 I would of thought rares would go up because of the stakers that are going to quit. Some of them may have rares that they may keep. So technically they are putting them out of reach of other players? 269 QP | All Stats 60+ (except Summoning) | Barrows Drops: 8 | Dragon Drops: 1 Link to comment Share on other sites More sharing options...
Capone_Sabre Posted November 21, 2007 Share Posted November 21, 2007 They crashed this afternoon but seem to be bouncing back somewhat now. This afternoon people were selling yellows for 160 without sucess. Now people are buying for 190 without sucess. Capone Sabre since April 2001.99 Attack, Defence, Strength and Hitpoints Achieved January 2005. When it still meant something. Link to comment Share on other sites More sharing options...
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