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Just returned to runescape-what is up with phat prices?

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I'm confused because many peopel selling them ask for edibles+cash? Why is this? Also, i searched forums and people are selling phats for cash+ loads of junk, why is this, why isn't the ge updating to the price people sell? Do people actually buy the phats for these crazy amounts of junka and cash?

 

 

 

 

 

Please let me know, it's very confusing, sorry if this sounds silly, but i don't know due to a break

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mostly because of inflation. people want to get rid of their money by putting it into rares.

 

 

 

sorry if i got the wrong idea.

After the removal of staking and pking many players quit and when they did they sold off all their partyhats causing a massive increase in supply and a decrease in demand of partyhats to stake causing them to fall. They were frozen in the GE from then on because the buy amount for an update was too large. Jagex then manually adjusted partyhat prices and changed the limits along with the drop rise margin to 1% each update. So they did a slow fall(with a few buyouts inbetween) until 3rd age started to crash and then merchants needed a new item. It was then that they got bought out and 3rd age dumped. This is what you see today and that was a crash course in p hat history after the grand exchange.

 

 

 

Basically because of the low grand exchange prices and the high street prices noone is willing to sell them on the GE. The GE updates slowly but surely every once in a awhile and partyhats near their street price but it is very slow. Basically they are worth a lot more than the trade limit allows you to trade so people buy with junk and yes they do pay these prices.

 

 

 

Edibles recently got bought out due to their low GE price and low demand. So they are another unbuyable item like partyhats that people use to try and get one.

 

 

 

Read through this thread for some partyhat history and updates: viewtopic.php?f=30&t=788147

Click for My Blog

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670th to 99 Smithing July 21st, 07 |743rd to 99 Mining November 29th, 07 | 649th to 99 Runecrafting May 18th, 08 | 29,050th to 99 Defence October 20th, 08 | 20,700th to 99 Magic November 8, 08 | 47,938th to 99 Attack December 19, 08 | 37,829th to 99 Hitpoints December 24, 08 | 68,604th to 99 Strength February 4, 09 | 27,983rd to 99 Range February 9, 09 | 9,725th to 99 Prayer June 8, 09 | 6,620th to 99 Slayer December, 12 09 | 4,075th to 99 Summoning December, 28 09 | 3,551th to 99 Herblore February 24, 10 | 3,192th to 99 Dungeoneering November 11, 10 | 146,600th to 99 Cooking December 29th, 10 | 11,333rd to 99 Construction June 7th, 11 | 16,648th to 99 Farming August 1st, 11 | 19,993th to 99 Crafting August 2nd, 11 | 89,739th to 99 Woodcutting Janurary 1st, 12 | 55,424th to 99 Fishing May 9th, 12| 60,648th to 99 Firemaking May 12th, 12 | 16666th to 99 Agility May 17th, 2012 | 24476th to 99 Hunter June 1st, 2012 | 57,881st to 99 Fletching June 1st, 2012 | All 99s June 1st, 2012 | 3183th to 120 Dungeoneering July 24th, 2012 | 2341st to 2496 Total level July 24th, 2012 | Completionist Cape July 24th, 2012

This belongs in help + advice.

 

Also the post above pretty much covers it

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null and void

Please post all your questions in Help and Advice.

 

 

 

I'd try answering the question, but I haven't played in ages. :lol:

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Rares don't have enough supply to fluxuate rapidly to show changes in GE. Also there is a control on the items so people don't merch them up +5m a day on GE.

 

 

 

For some reason one person decides to buy it max then the people of forums panic and start buying them until they are worth more then what they are.

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