January 21, 200917 yr When In Pyre Need was released, phoenix quills were worth about 3k in the Grand Exchange. I knew they were going to go up in price, so I bought several hundred of them. It seems the price is stabilizing so I'm going to sell them soon. Anyways, did anyone else invest in phoenix quills? If so, how much did you invest? ARENAscape: Baratus [AS] max hit: 166 with Moon Battle Hammer ixfd64 [AS] max hit: 116 with (untitled spell #2)
January 21, 200917 yr Author Yeah, it just started going down. I think yesterday's value of 10.2k was the peak. ARENAscape: Baratus [AS] max hit: 166 with Moon Battle Hammer ixfd64 [AS] max hit: 116 with (untitled spell #2)
January 21, 200917 yr I had bought like 150 when they came out but I sold them right after I found out the xp got nerfed. I dont get why they still rose after that TBH. Meh, 1000k profit missed, not that bad. A Guide to Chinning in Ape atoll: up to 325kxp/h!
January 21, 200917 yr Count me in. Ill quote what I had written in another thread, I realized it would be a good idea to invest on phoenix quills a little while after they came out. Lucky me, I was able to mass purchase them ( I purchased 1216 phoenix quills for 5126 gp ) before jagex limit it to 5 phoenix quills every 4 hours. So far I'm raking in 608k - 850k per day from my phoenix quills. Question is.. when to sell ? I doubt it would reach 20,000 per Quill.. But, time will tell. Profit so far (Phoenix quills): 4.490.688 GP. (All together: 10.725.120 GP) Banking for 99 mage. I knew they were gonne crash when they had only risen by about +300 gp yesterday ( instead of the usual 600-800 gp increase ). Yet for some reason I didn't go out selling them :wall: ( Yes, I could get cash offers back then ). Had to sell them in a rush today because the crash begun. Unfortunetly not for cash but for random items here and there. Luckily.. I still hold a 3-4mil profit -.- ( By the time all the items are sold ) edit: Don't have any phoenix quills or pouches anymore. + It appears that everyone in world 2 is beginning to realize not to trade their masks, pvp items, or junk for quills at all :lol:. God of End - 99 FM, RSC - 99 WC RS2 - Now Banned.Yojimbokaze - 70att-86str-65def- Retired.
January 21, 200917 yr They won't rise much more than what they are right now, and I'll bet they'll drop. Think about it: Is it practical to pay 10k+ for a summoning second? The initial rise was just hype, probably. Ah, this reminds me about the noob on the Runescape forums who was upset with the quest "Cold War" because apparently his grandparents died in the war. :wall:
January 21, 200917 yr Waiting for them to crash and buy tons with junk out of my bank to a desperate seller for free ish exp, best way for me to unload it. 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!^
January 21, 200917 yr Looking at the graph and RuneScape's previous new items and their price trends, they look ripe for a crash. Not to put out a panic or anything, but if I were you, I'd be selling mine ASAP. A Draconic Guide V1.4, Fimer - Multi-Timer Farming Timer V3.Dragon Boots: 39|Abyssal Whips: 16|Dark Bows: 1|
January 21, 200917 yr My friend invested, made roughly around 500k - 600k. I got a share of the profits because I sold him mine. :thumbup: Only fear God,Know the weapons of the weak,The weakness of the hard.
January 21, 200917 yr Author A few days ago, I was buying at the highest price on the G.E. and it still hard to get any. Now I'm selling at the lowest price and so far nobody has bought any. :\ ARENAscape: Baratus [AS] max hit: 166 with Moon Battle Hammer ixfd64 [AS] max hit: 116 with (untitled spell #2)
January 21, 200917 yr A few days ago, I was buying at the highest price on the G.E. and it still hard to get any. Now I'm selling at the lowest price and so far nobody has bought any. :\ Looks like you dumped them to late then :( "It's not a rest for me, it's a rest for the weights." - Dom Mazzetti
January 21, 200917 yr A few days ago, I was buying at the highest price on the G.E. and it still hard to get any. Now I'm selling at the lowest price and so far nobody has bought any. :\ FAIL I'm glad this happened to you tbh. Merchanters are ftl, I hate when you can't buy things that have already crashed but go back up (like dagon'hai right now).
January 21, 200917 yr It was a good item to invest in. I do kinda view this thread as a "O crap they are going down, I am going to make threads hoping I can sell to all the gullible forum users" as we see on RSOF. Grats on the Profit thus made. :thumbup: RIP MichaelangelopolousThanks to cowboy14 for the pimp sig!
January 21, 200917 yr I just sold my Phoenix Quills last night for around 9k each. Thank goodness I did before they started to go down.
January 21, 200917 yr I lost membership the day after the quest so I couldn't buy more. I sold the few I had for 9k though, what was nice. :D
January 21, 200917 yr I'm quite surprised that it takes so long before they crash. Paying 10k for a quill is insane even without the xp nerf. (someone has estimated a crimson charm costs about 4k iirc) The crash occuring on the same day of new game content coming out is no coincidence, the novelty just runs out.
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