Leoo Posted December 26, 2009 Share Posted December 26, 2009 I'm striking to know why people are buying and selling them for millions all of the sudden when they are obtainable from the Gnome Restaurant mini-game. Do people think they're rares? Link to comment Share on other sites More sharing options...
Demoli Posted December 26, 2009 Share Posted December 26, 2009 1st law of logic: people are stupid, i got myself a 24h ags intrade of a mint cake Link to comment Share on other sites More sharing options...
i_D_r Posted December 26, 2009 Share Posted December 26, 2009 Na it's ridiculously stupid, but its really hard to get mints from that minigame. Rares post-GE are silly, but sometimes once the ball rolls, its hard to stop it. Mints are totally useless but since they are in high demend u can swamp em for a rising item to actually make money, stake with them (as theyre so cheap), use them as leverage for other bought out items, etc. Link to comment Share on other sites More sharing options...
Xecer Posted December 26, 2009 Share Posted December 26, 2009 It's just a new type of currency merchants came up with. Just think about real life money, it's just paper, but has a lot of worth. If every merchant regard mint cakes to have a lot of value, then it can be used as currency. Chompy Hunting guide (AoW) Link to comment Share on other sites More sharing options...
dirk4slayer Posted December 26, 2009 Share Posted December 26, 2009 Greater fool theory, why does a thread like this pop up once every 3 days? Don't people bother reading the other threads :mellow: anyways, what it comes down to is that most people think that by buying these Mint Cakes for so much money they can maybe sell them on to another player who is willing to pay even more for them, hoping to sell it to another player for even more and so on and so on and so on. Chuck Norris doesn't ever need a compass; he randomly points somewhere and north goes there in order not to anger him. Link to comment Share on other sites More sharing options...
AlexRose Posted December 26, 2009 Share Posted December 26, 2009 I believe it started out as a merchanting attempt to gain money, but because it became so widespread and popular.... It's just a new type of currency merchants came up with. Just think about real life money, it's just paper, but has a lot of worth. If every merchant regard mint cakes to have a lot of value, then it can be used as currency. It's essentially became this. It's benefits are the same as junk trading, but coming instead from the buyer's side; if someone wants an extra 2-3 million or whatever, then the buyer can add a mint cake and not go over the trade limit. The cakes are rare enough to prevent someone from mass gathering them, but more common and less expensive than rares to be widely used on the market. Link to comment Share on other sites More sharing options...
Den Posted December 26, 2009 Share Posted December 26, 2009 An uncommon/harder then normal to get item with an invisible price, set by merchants.I remember selling 3 or 4 back when they werent statused as "an item worth millions with a price tag of 40k". ........::::: Rainy's YouTube Channel - Rainy's Twitter - Rainy's Facebook - Rainy's DeviantArt - Rainy's Tumblr - Rainy's Tip.It Profile :::::......... Link to comment Share on other sites More sharing options...
UserOnRS Posted December 26, 2009 Share Posted December 26, 2009 I can see them dropping when they go above 30k as you won't be able to stake 2 at a time anymore. :P I have one from the quest but it's worthless to be really, you can't sell it for more than the trade limit anyway really as gathering junk is less gp/hour than money, and I don't like to invest in risky items. I may ask for a few friends to give me theirs from the quest and stake them away. :P Link to comment Share on other sites More sharing options...
stonewall337 Posted December 26, 2009 Share Posted December 26, 2009 1st law of logic: people are stupid, i got myself a 24h ags intrade of a mint cake Actually, that is smart. I don't need AGS for 24 hours often, so I get an item worth millions on the street market for free. Pretty damn smart I say. No, it is not the "Greater Fool Theory". People spew out these terms without knowing what in the heck they are talking about. The mint cake is a semi-rare item, and it is hard to bring a great number of these quickly into the economy. As a result, they are assigned a fiat value. The same applies to pirate hooks. [hide=Drops]Araxxor Eye x1 Leg pieces x2GWD: 5000 Addy bar Steam B Staff x3 Z Spear x6 Sara. Hilt x2 Bandos Hilt x2 (LS, Solo)SS x6 (1 LS)Tormented Demons: Shard x6 Slice x5 Claws x9 Limbs x3DKS: Archer x21 Warrior x31 Berserker x30 Axe x51[/hide] Link to comment Share on other sites More sharing options...
Star_Fox Posted December 26, 2009 Share Posted December 26, 2009 not relevent. Link to comment Share on other sites More sharing options...
Diesel Posted December 26, 2009 Share Posted December 26, 2009 It's just a new type of currency merchants came up with. Just think about real life money, it's just paper, but has a lot of worth. If every merchant regard mint cakes to have a lot of value, then it can be used as currency. I'd have to agree. We did something like this in my economics class. Apparently an island in the Pacific Ocean used odd shaped rocks as currency because 1) they were rare enough on the island and 2) people were willing to accept them as currency. The system collapsed once traders brought over loads of the rocks from other islands. The hyper inflation killed it. So as long as merchants are willing to accept mint cakes and they stay rare enough, it's a valid alternate currency. Last.Fm My Bloggy Proud to have served on Tip.it Crew Link to comment Share on other sites More sharing options...
Toad Posted December 26, 2009 Share Posted December 26, 2009 well I remember when god pages rate changed and were rare from clues those rose in value to 5m a page, so what If Jagex nerfed the rate of mint cake to common from gnome cuisine? Link to comment Share on other sites More sharing options...
rangeor Posted December 26, 2009 Share Posted December 26, 2009 What's everyone talking about "the one I got from the quest"? I've done all the quests except from Within the Light, and I haven't received one yet o.O Anyways, they look pretty tasty to me. Link to comment Share on other sites More sharing options...
timmmmm83 Posted December 26, 2009 Share Posted December 26, 2009 well I remember when god pages rate changed and were rare from clues those rose in value to 5m a page, so what If Jagex nerfed the rate of mint cake to common from gnome cuisine? I hope they do, I'd love to see every price manipulator panic... What's everyone talking about "the one I got from the quest"? I've done all the quests except from Within the Light, and I haven't received one yet o.O Anyways, they look pretty tasty to me. "There is one other way to obtain a mint cake: During or after The Path of Glouphrie quest, Longramble will exchange a mint cake in return for delivering a Tangled Toad Legs. This can only be done one time. "credits: Runescape Wiki (the other way is by doing 'gnome restaurant'-minigame) Link to comment Share on other sites More sharing options...
Wizz Posted December 26, 2009 Share Posted December 26, 2009 I think of mints as Dran-o for your bank. Want to sell of your unwanted and useless items? Just use a Mint Cake and your problems will be gone! [/billyMaysvoice] Wongton is better than me in anyway~~ Link to comment Share on other sites More sharing options...
CookMePlox Posted December 27, 2009 Share Posted December 27, 2009 Ah, the inevitable Mint Cake thread.What some people fail to realise is that they are not incredibly rare. I got 3 of them in a span of about 5 hours playing Gnome Restaurant. "It takes a big man to cry, but it takes a bigger man to laugh at that man." -- Jack Handey Link to comment Share on other sites More sharing options...
stonewall337 Posted December 27, 2009 Share Posted December 27, 2009 Ah, the inevitable Mint Cake thread.What some people fail to realise is that they are not incredibly rare. I got 3 of them in a span of about 5 hours playing Gnome Restaurant. That is rare enough... The point is, they are rare enough, and few enough people play gnome delivery that the mint cake can be used as fiat currency, without having to worry about a sudden, large influx of mint cakes into circulation. If wine of zamorak suddenly gained a street price of 5m each, then people would be getting them from the chaos temple, or doing zammy GWD like crazy. Very quickly, enough of these items would be in circulation that their street price would plummet. [hide=Drops]Araxxor Eye x1 Leg pieces x2GWD: 5000 Addy bar Steam B Staff x3 Z Spear x6 Sara. Hilt x2 Bandos Hilt x2 (LS, Solo)SS x6 (1 LS)Tormented Demons: Shard x6 Slice x5 Claws x9 Limbs x3DKS: Archer x21 Warrior x31 Berserker x30 Axe x51[/hide] Link to comment Share on other sites More sharing options...
Howlin0001 Posted December 27, 2009 Share Posted December 27, 2009 Na it's ridiculously stupid, but its really hard to get mints from that minigame. Granted that, but did you know there was another way to get one?You can get one from Longramble, in return for a player-made Tangled Toad's Legs. (Cannot be store-bought.) Longramble is south of the Mountains east of poison waste spirit tree (available after completing The Path of Glouphrie quest. I'm not sure if there is a limit on how many you can get from him or not. Link to comment Share on other sites More sharing options...
Toad Posted December 27, 2009 Share Posted December 27, 2009 Na it's ridiculously stupid, but its really hard to get mints from that minigame. Granted that, but did you know there was another way to get one?You can get one from Longramble, in return for a player-made Tangled Toad's Legs. (Cannot be store-bought.) Longramble is south of the Mountains east of poison waste spirit tree (available after completing The Path of Glouphrie quest. I'm not sure if there is a limit on how many you can get from him or not. Yup there is mentioned few posts up :P <3 Link to comment Share on other sites More sharing options...
testingsomestuff123 Posted December 27, 2009 Share Posted December 27, 2009 Na it's ridiculously stupid, but its really hard to get mints from that minigame. Granted that, but did you know there was another way to get one?You can get one from Longramble, in return for a player-made Tangled Toad's Legs. (Cannot be store-bought.) Longramble is south of the Mountains east of poison waste spirit tree (available after completing The Path of Glouphrie quest. I'm not sure if there is a limit on how many you can get from him or not. You can only get 1. :( Link to comment Share on other sites More sharing options...
Nenga Posted December 27, 2009 Share Posted December 27, 2009 A lot of people think that they're new items. And when people get a new toy they want to play with it. I think it's because it's a pvp drop now and most of the time pvpers and skillers don't mix. I know if something is titled "pvp ______" I don't even take the time to read it because I never pvp. Ponies! Link to comment Share on other sites More sharing options...
CookMePlox Posted December 27, 2009 Share Posted December 27, 2009 It's a PvP drop? :blink: "It takes a big man to cry, but it takes a bigger man to laugh at that man." -- Jack Handey Link to comment Share on other sites More sharing options...
Howlin0001 Posted December 27, 2009 Share Posted December 27, 2009 Na it's ridiculously stupid, but its really hard to get mints from that minigame. Granted that, but did you know there was another way to get one?You can get one from Longramble, in return for a player-made Tangled Toad's Legs. (Cannot be store-bought.) Longramble is south of the Mountains east of poison waste spirit tree (available after completing The Path of Glouphrie quest. I'm not sure if there is a limit on how many you can get from him or not. You can only get 1. :(1 forever or per day? Link to comment Share on other sites More sharing options...
Howlin0001 Posted December 27, 2009 Share Posted December 27, 2009 Na it's ridiculously stupid, but its really hard to get mints from that minigame. Granted that, but did you know there was another way to get one?You can get one from Longramble, in return for a player-made Tangled Toad's Legs. (Cannot be store-bought.) Longramble is south of the Mountains east of poison waste spirit tree (available after completing The Path of Glouphrie quest. I'm not sure if there is a limit on how many you can get from him or not. You can only get 1. :(1 forever or per day?Plus couldn't a person make say 10 of the Tangled Toad's legs and then wait at the spirit tree and ask anyone they see to get a mint cake off the gnome? Link to comment Share on other sites More sharing options...
Krampell Posted December 27, 2009 Share Posted December 27, 2009 I really don't get it.There are two ways to get it if you don't count other peopleYou can get it from the gnome cuisine minigame.And you can get one/player if you give a 2nd tangled toads legs bowl thingy to that guy by the spirit tree by the wastes.So I don't really see the fuss about it. Link to comment Share on other sites More sharing options...
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