Bandos Godsword is flying, when will it stop?

[bronzewarrior]

Anticipation had rocked bgs prices and the hearts of owners everywhere.

 

The update came out on the day when the sword experienced a -1.1m change.

 

 

 

Within 30 minutes, someone discovered that they could get rid of their junk with a bandos godsword!

 

 

 

I'll lend you this sword for 100k/hour.

 

GS OWNER: i put up 307 tbird pouches (100k)

 

Borrower: OK (puts up 100k)

 

 

 

the owner can even make money overnight with this.

 

 

 

Then a 1.4m increase followed along with another one the following day and most likely a 1.5m increase on Friday.

 

 

 

When do you think it will stop?

 

Where will it stop?

 

 

 

So many people have put up animal mask+cash trades for the sword. I have a feeling it will go up to 40m.

 

 

 

(the ZGS is also feeling this)

 

 

 

Discuss

[blazerethief]

well..when people realise stuff..really theres no telling if its gonna stop,one thing is sure its going up :thumbsup:

[bronzewarrior]

well..when people realise stuff..really theres no telling if its gonna stop,one thing is sure its going up :thumbsup:

 

true, people always say "More hilts coming in, the price lowers" I haven't seen that in effect yet, the hilts coming in are about 10 a day? (I am not sure), so that means 10 people get hilts or, if the ge does pair hilts and blades together, get godswords. I don't think the idea of the hilts coming in every day making the prices lower affects the market a whole lot. It's just the merches who play around with the market.

[sarg1010]

I sure hope it stops, i really want one :ohnoes: only like 10-12m off from getting it :x

[tintin113]

It's only flying up because it recently plumetted down lol, it's just the market readjusting itself, people were thinking, wow it just fell 1.1m, how much further next? I bet you it won't fall even more than 100k on Friday, let alone 1.5m! :wall: :wall:

[sarg1010]

It's only flying up because it recently plumetted down lol, it's just the market readjusting itself, people were thinking, wow it just fell 1.1m, how much further next? I bet you it won't fall even more than 100k on Friday, let alone 1.5m! :wall: :wall:

 

 

 

I dont think it HAS fallen, its shot up :o

 

 

 

[hide="here is what im talking about][/hide]

[Star_Fox]

well i recently sold mine for 32m hoping it'd now drop to it's normal 30m price. instead it's keep rising and i'd really hope the next ge update will put an end to it.

[tintin113]

It's only flying up because it recently plumetted down lol, it's just the market readjusting itself, people were thinking, wow it just fell 1.1m, how much further next? I bet you it won't fall even more than 100k on Friday, let alone 1.5m! :wall: :wall:

 

 

 

I dont think it HAS fallen, its shot up :o

 

 

 

Are you kidding me...? :wall:

 

 

 

Did you seriously make a thread about an item's price and not check it's graph on GE...? :wall:

 

 

 

 

 

 

Now I admit I do have good eyesight, but i distinctly see a slight fall in that graph just before the rise...

[Zaaps1]

I was hoping to buy one to sell later, but for some reason I can't come up with 20m. Had 49m when I got members back, where'd it all go? :ohnoes:

 

 

 

I'd expect it to keep rising.

[Jeffery]

When it hits a wall!!!..

 

 

 

Na It will prolly stop rising in price when people relize they're not gonna profit off it, people only like items when they're cheap and on the first day of rising then it will go bounce up and down as per usual.

[Andrew_s_2]

I dont understand why people make thread about this all the time. The bgs does it all the time, its drops, than rises, drops rises ect.

 

 

 

It's been doing this for months, its only when it drops alot than rises greatly that people actually notice.

[Bouwzie]

It does this all the time :|

[bronzewarrior]

It does this all the time :|

 

i don't recall people buying it for 40m ( or 8m above the market price) i remember it at 43m ge price but not people buying 8m over ge value.

 

 

 

Now they are :shock: .

 

 

 

I would think people are causing the price to rise because people want to get rid of large amounts of junk, but apparently i guess they do not.

 

 

 

you think it will settle back to around 28m?

[JimmyX34]

Bought my zamorak godsword for market price yesterday \ \

[sarg1010]

It's only flying up because it recently plumetted down lol, it's just the market readjusting itself, people were thinking, wow it just fell 1.1m, how much further next? I bet you it won't fall even more than 100k on Friday, let alone 1.5m! :wall: :wall:

 

 

 

I dont think it HAS fallen, its shot up :o

 

 

 

Are you kidding me...? :wall:

 

 

 

Did you seriously make a thread about an item's price and not check it's graph on GE...? :wall:

 

 

 

 

 

 

Now I admit I do have good eyesight, but i distinctly see a slight fall in that graph just before the rise...

 

 

 

1. read my post again and tell me if you see anything different from what you quoted.

 

 

 

2. Notice my chart just shows the past few days, which span the timeline of when item lending came out. Yours shows almost an entire month. As you can see, the BGS started going up the day lending came out and has gone up ever since.

 

 

 

(also notice you said "I bet you it won't fall even more than 100k on Friday", which it isn't falling, it's rising.

[hatebringer]

But even if the item was set for a rise, the usual way is for the price to slowly level off, and then begin to rise. What you see here is a very sudden increase from a very bad decrease. If you know anything about real markets, you would know there would need to be another factor in the affect of the price for it to shot up so drastically, and this being the item lending feature. Everyone who has the money to spend wants to buy a BGS in order to make quick money off the sudden increase as well as from the lending "business" that has opened with this new update. I for one see the sword leveling off soon once the buyers die down, and then a possible drop in price as people either decide the whole market of lending dies down.

[bronzewarrior]

But even if the item was set for a rise, the usual way is for the price to slowly level off, and then begin to rise. What you see here is a very sudden increase from a very bad decrease. If you know anything about real markets, you would know there would need to be another factor in the affect of the price for it to shot up so drastically, and this being the item lending feature. Everyone who has the money to spend wants to buy a BGS in order to make quick money off the sudden increase as well as from the lending "business" that has opened with this new update. I for one see the sword leveling off soon once the buyers die down, and then a possible drop in price as people either decide the whole market of lending dies down.

 

once borrowers see the potential risk they assume in paying hourly, they will level off at 28m. I have seen several people exclaim:

 

 

 

"OMFG I PAID YOU 200k"

 

"You got 600 terrorbirds though?"

 

 

 

So i guess people with the sword should sell it by tomorrow's max?

 

 

 

I also guess that people who are buying at 40m are going to be sad because when the Sara gwd safespot was removed, the SS shot up 500k for 2 days straight, kids bought for 16m in junk trades.

 

 

 

1 day later, it crashed. Too bad for them.

[x1992x]

i remember the topic last time bandos god sword did this -.-

[Great_one]

well i hope it stops soon. i borrowed one for 2 days while friend got 70 agil and i absolutly LOVE it i really want one now. and i think there way more than 10 hilts going into the ge a day as some1 above me said. just in case you havent been lately, bandos on ls worlds are ALL full on peek time of day...just when i went for 4 hours on one world i saw 2 hilts go thru. one for me and one for the crashers i had

[Kill_Thomas9]

Appearently there are tons of people at gwd, so the price will fall soon.

[Da_Latios]

Appearently there are tons of people at gwd, so the price will fall soon.

There have ALWAYS been tons of people at Godwars.

[@Dan3HitU]

Heh, it'll fall again, just like last time.

 

 

 

Saradomin Sword however (imo) will go up and stay at around 9m.

[Master_Smither]

I'm selling on the nest rise since it's already starting to level off on the forums alot of people are selling for masks and since they can't do that because noone with a mask is that dumb they will sell soon. Same with SS.

[Silver_Corner]

Ya, the price is based mostly on speculation and not necessarly always supply and demand of the item. The merchanters control the market now.

 

 

 

Likley Scenario:

 

Person A is trying to merchant and wants to sell GS for max. Person B gets hilt drop from GWD and has enough money to purchase BGS. Person B is impatient and decides to buy on Max. Person B buys from person A in GE on Max. G.E. Price goes up.

 

 

 

Person A, and C (both merchanters) see the price is going up, and think, if they buy one on max today, it will push the price up, and they can sell tommarow on max for +1m more. Person A and C both buy BGS on max. Price goes up.

 

 

 

Players D and E now see the BGS rise and think they can make a quick buck the same way A and C did, so A, C, D, and E all buy a BGS. Price goes up.

 

 

 

And so the cycle continues. Merchanters buying from merchanters. The whole merchanter rise is like a game of hot potato, whos gunna get stuck with it being unsellable at the end.

 

 

 

It will continue to go up until it reaches a point where merchanters dont wanna risk the prices anymore, or they fear the price is to high and people will stop buying them. Then it will drop in a similar pattern. Everyone puts on min because they are unsellable so everyone tanks the item, starts the junk trading speculations, and the price plumets.

 

 

 

Later on it goes back up, so its very much like the stock market. It will go up and go down in a natural cycle. All the items in the GE follow this pattern. The only ones that dont are the ones that are either overpriced, unsellable, or have no demand.

[bronzewarrior]

Ya, the price is based mostly on speculation and not necessarly always supply and demand of the item. The merchanters control the market now.

 

 

 

Likley Scenario:

 

Person A is trying to merchant and wants to sell GS for max. Person B gets hilt drop from GWD and has enough money to purchase BGS. Person B is impatient and decides to buy on Max. Person B buys from person A in GE on Max. G.E. Price goes up.

 

 

 

Person A, and C (both merchanters) see the price is going up, and think, if they buy one on max today, it will push the price up, and they can sell tommarow on max for +1m more. Person A and C both buy BGS on max. Price goes up.

 

 

 

Players D and E now see the BGS rise and think they can make a quick buck the same way A and C did, so A, C, D, and E all buy a BGS. Price goes up.

 

 

 

And so the cycle continues. Merchanters buying from merchanters. The whole merchanter rise is like a game of hot potato, whos gunna get stuck with it being unsellable at the end.

 

 

 

It will continue to go up until it reaches a point where merchanters dont wanna risk the prices anymore, or they fear the price is to high and people will stop buying them. Then it will drop in a similar pattern. Everyone puts on min because they are unsellable so everyone tanks the item, starts the junk trading speculations, and the price plumets.

 

 

 

Later on it goes back up, so its very much like the stock market. It will go up and go down in a natural cycle. All the items in the GE follow this pattern. The only ones that dont are the ones that are either overpriced, unsellable, or have no demand.

 

 

 

exactly! When JagEx made items more flexible so they can thaw faster, the zgs rose so fast, it topped around 60m? people were buying at 100m in junk trades, then one day some kid decided to dump it, or people who made a lot on it decided to dump it, and bam it crashed.

 

 

 

I was just in w2 writing bad words with ashes, (I HATE MUTES), this kid was running around saying, BGS IS GOING TO FALL! A C I D Y HAS JUST DUMPED THEM IN THE GE!!! < everyone was like omfg srsly?

 

 

 

who is A C I D Y?

 

Apparently he bought like 100 bgs and just sold them -_-.