Prices of pure essence

[Unknown_Warrior]

If you haven't noticed, they are soaring. Moreso than the runes made out of them.

 

Tell me, is this due to inflation, a clan or simply summer holidays?

 

 

 

I'd like to know before I restock another 25K.

[perfetc]

It seems the 26k trick is pushin prices up soon they will drop like a stone though, I bet

[aspeeder]

It will only start dropping if and when 26king gets nerfed, so it may be this week, or it may be next month.

[Unknown_Warrior]

Even for inflation, their prices are whack.

[perfetc]

Take advantage like I am, just go and mine ess and sell it instead of buying it.

 

 

 

I am doing the same with yews atm.

[Unknown_Warrior]

I'd rather not mine my own essence, considering I'd like to get 100K rc xp a day...

[perfetc]

I mean mine then sell it.

[Gin_and_Tonic]

In 180 days they've risen by like 8% and in the last few weeks about 6gp per... I dont see how that is a significant difference? To be honest, everyone will always want ess so even when 26king is gone, it'll never truly 'crash'

[Unknown_Warrior]

They've risen >30% in the last week.

 

 

 

That is no small amount in economics.

[Gin_and_Tonic]

They've risen >30% in the last week.

 

 

 

That is no small amount in economics.

 

 

 

Yes, however 26k tricking has been around for alot longer than a week... People cannot always assume that every price rise in the GE is a direct result of this flaw in Runescape... Maybe, just maybe, legitimate Rc'ers actually want to train the skill?

 

 

 

Also, pure ess is one of the few materials that can actually make a player money - for example, 10,000 26k trickers choose to buy 1million ess with their spoils... So, they now make 1million nats and as a result have 200+ million in raw cash. This cash then gets spent on Ess over and over untill 99... If you use these basic mathmatics, Rcers are one of the few 26k trickers that will actually make money and continue to make money and spend it on more and more ess... This appears to be the logical thing to do, and therefore, from this point of view, ess wont fall until every single 26k tricker has 99 rc...

 

 

 

Thats one theory

[Unknown_Warrior]

Natures went up about 8 GP since the inflation (as did most runes, save those merched), pure essence went up by ~30GP

 

I don't see how that's beneficial.

[The_Fray]

There is definate problem with the pure essence prices right now. 150 gp is simply insane, Natures arent rising proportianately and the runecrafting is really hurting because of this inflation. Fortunately runes such as bloods, deaths and laws are soaring, so it is a good time to make money off of them.

[glasscube]

Probably the result of Jagex banning bots. Pure essence was what a lot of peopled botted overnight.