anyone think phats are overpriced?

[admiral_5]

Phats have been rising a lot. in the past 5 months, they were merely used as junk. now the demand is so high that purple is going for at least 200m...

 

 

 

this is getting out of hand. i have 180m cash and i really want to buy a purple before i start cleaning my bank. i tried to put the max offer seconds after the ge update and still no one is selling. (4 attempts so far). can anyone give a statement of why the phat craze is continuing?

 

 

 

Post script edited. ~Laura0077

[wildmonkeys5]

Phats will Always keep going up, simply because there are so few of them. With more higher level players quitting supply goes down and demand is still high.

[Lugia_Lvl138]

No, I don't think they're overpriced as I paid Purple + AGS(140m at the time) for White + 22m. I also paid 2 SGS(107m ea at the time) + 4m for a Red.

[Star_Fox]

No, I don't think they're overpriced as I paid Purple + AGS(140m at the time) for White + 22m. I also paid 2 SGS(107m ea at the time) + 4m for a Red.

 

 

 

 

 

doesn't exactly explain why they're overpriced.

 

 

 

Phats will Always keep going up, simply because there are so few of them. With more higher level players quitting supply goes down and demand is still high.

 

 

 

always isn't a good word to use on any RS items. they have to drop eventually. if the price is too high than no one will buy them and therefore, it'll drop again.

[Lugia_Lvl138]

No, I don't think they're overpriced as I paid Purple + AGS(140m at the time) for White + 22m. I also paid 2 SGS(107m ea at the time) + 4m for a Red.

 

 

 

 

 

doesn't exactly explain why they're overpriced.

 

 

 

Both of those trades happened over a year and a half ago. In my opinion, they're not priced high enough yet. Although Purple is now ahead of the 143m I paid for it pre trade limits.

[Dexek]

They should be priced higher given their rarity.

 

 

 

They are just being hoarded at the moment though. Everyone who owns one doesn't want one because it's a partyhat. Give all partyhat owners the option of keeping their partyhat and making it untradeable or selling it for the current minimum GE price and I assure you the majority of owners would sell. This is all due to 3a flopping. However, rares are a better target for the merchants, as they won't be slowly trickling in due to clues, and new potential for demand is always present.

 

 

 

I guess I should have kept the white phat I bought a while back. :lol:

[jonni]

why is it getting out of hand? just buy with junk, it'll even out eventually.

 

 

 

and i don't see why you need to flame tip mods in the OP of a thread

[Suiku]

There should be a GE discussion sub-forum

 

 

 

I mean seriouslyyyyyyyy...

[wildmonkeys5]

Phats will Always keep going up, simply because there are so few of them. With more higher level players quitting supply goes down and demand is still high.

 

 

 

always isn't a good word to use on any RS items. they have to drop eventually. if the price is too high than no one will buy them and therefore, it'll drop again.

 

 

 

I think it's pretty safe to say that phats' prices will always go up. And couldn't jagex have solved the whole rare problem, if they had just dropped crackers every X-mas? And pumpkins every Halloween, etc.?

[Star_Fox]

There should be a GE discussion sub-forum

 

 

 

I mean seriouslyyyyyyyy...

 

 

 

cry about it in the suggestions instead of randomly complaining it here?

[forestfrolic]

No, and leave the moderators alone.

[Arthu]

If you think they're overpriced, why do you want to buy one at current prices?

 

 

 

Only because "you want to" doesn't mean they SHOULD go down.

[canadiansmurf]

They aren't overpriced.

 

 

 

They will hit $1 billion plus easily there is so much cash flowing through RS from monster drops, merch and PVP.

 

 

 

 

 

 

 

Longer-term higher level players are quitting, usually they sell everything and keep rares. Less rares will be buyable as fewer people will ever sell the one they already have. Whatever price it hits.

[Zamorakshadow]

When an item supply is not likely to go up... ever and the demand is not exacly going down either, for a looong loooong time, i don't think the price it is atm is overpriced...

[Makoto_the_Phoenix]

They're expensive, but look at it at a different angle - what purpose would it serve the majority of the population to own one?

 

 

 

If anything, they're at their perfect price range for the 1% that actually wants to afford one.

[Star_Fox]

when partyhats were dropping, everyone was saying its because people want to spend their money on new items, lvl 99, and other stuff. now when partyhats are RISING, why did the theory changed all of the sudden? >.>

[Dexek]

One thing to realize is that partyhats will likely end up like 3rd age, in the sense of the flop that occurred. Eventually the prices will stop rising as all of the merchants will either have and not want to sell on the GE, or trades will simply occur only in player trade in order to trade rising items & junk. Most will be satisfied with the player trading for a while, but then one of the major holders may decide to sellout, causing a panic/price fall. They will then likely flop like 3rd age, only to be bought up again later (similar to how 3rd age currently is). Although it would be more successful than attempts to buy 3rd age now, due to the smaller numbers.

 

 

 

This is merely my opinion. If you disagree don't flame me over it. :thumbup:

[Laura]

There is no need to generalize Tip.it moderators as power hungry nor is it necessary to label your topic with "please don't lock." Doing so usually has an adverse effect, often contrary to what you intend.

[Star_Fox]

Doing so usually has an adverse effect, often contrary to what you intend.

 

 

 

 

 

bingo, you've just proved his point.

[Dragons_Might]

I didn't read all the replies, however by reading your first post...

 

 

 

It says (summarized): I want a partyhat. I have almost enough but I can't get one. They must be overpriced.

 

 

 

I read: PLZ I KANT BI PARTEHAT ND I RLY WANT SO IT HAS TO B OVRPRISED!@

 

 

 

 

 

Please, correct me in any errors I may have overlooked.

[WoodenFruit]

I think Jagex adds a couple of partyhats into the GE here and there to keep the legend of the partyhats going. Honestly that's what I think.

[forestfrolic]

I think Jagex adds a couple of partyhats into the GE here and there to keep the legend of the partyhats going. Honestly that's what I think.

 

 

 

Eh, from my memory, they weren't too fond of them.

[Atom Smash40]

theyre not overpriced....if anything, theyre underpriced. each one has fallen to about half of its original value prior to the GE's release

[lordkafei]

Kafei's Law of Runescape Economics

 

 

 

Any item you want to buy, yet cannot afford is overpriced.

[Star_Fox]

I think Jagex adds a couple of partyhats into the GE here and there to keep the legend of the partyhats going. Honestly that's what I think.

 

 

 

if you can only assume the worst, yes.