Mint Cakes

[chc05dude]

They are a form of currency these days. In order to get around the GE some type of junk/risings have to be used as currency.

 

Really its just for upgrading/downgrading assets that are bought out/unsellable. If you have some unsellable items, put them up in a trade with some unbuyable items and trade for cash. If you have an item thats bought out, you can downgrade it for cash + other unbuyables.

[Merre]

I personally see no reason to talk about this.

It's a stupid item and it's no real rare to invest money in for this obvious reason:

 

Haloween masks & phats etc are items that came in the game ages ago and they were increasing very fast.

I even remember a clanleader back in the days alching his phat set and putting the movie on the clan forums for showing his protest against the way people wanna pay outrageous prices for a 'useless' item.

But point is: due to people quiting the game or getting banned for numerous reasons. The amount of these 'real' rares gets smaller and smaller. There simply is no way to bring new phats/h'ween masks into the game.

So they are destined to keep raising in price.

Mint cakes can be obtained by any member if you keep doing the mini-game. So there's no reason to pay multiple millions in junk for this item as it isn't destined to become rare.

It will become more common and common every week since players are keen to gather them now. So be smart and sell em as soon as you can.

Only point is: who has 5mil junk to trade for the cash? Anyway good luck and don't invest in this!

 

I used my spare 24mil (a month or 2 back) to use a green mask (I already have a red one) and guess what:

 

Red went to 54 mil (was 38m at that time) and green went from 23.5 to 43 mil... That's the difference between real rares and the mint cake things...

[warren211]

It's basically the current Spinach Roll. Who cares? I can sum up Mint Cakes very easily.

 

"A fool and his money are soon parted."

 

There. That takes care of that.

 

Mint cakes =/= Spinach Roll.

 

As Me_Hate_Libs said: Yes, mint cakes are just like spinach rolls used to be. I remember getting them as drops from Moss Giants and thinking, "I can't believe people actually try and pass these off as rares." Well, nowadays I most certainly can believe it. Mint cakes are utterly [developmentally delayed]ed, and I can't wait till Jagex changes Gnome Delivery and makes them common items.

 

Maybe I'm the only person here who thinks mint cakes were a brilliant idea. They are not the same as spinach rolls. Spinach rolls were abused heavily by scammers back in the day who traded them for valueble items, claiming the roll was worth millions. It was more of a scammer's trademark than a merchant's. Mint cakes are completely different in that they are popular in the trade limit era (spinach rolls were from way back when trade limits didn't exist and many players didn't know the value of some items). The reason they exist is not to scam players (with a 60k trade limit, every 15 minutes, it's not the most efficient technique) but to circulate junk. The real merchants don't wet themselves over a mint cake because its uber rare. If at all, the reason they wet themselves for getting a good deal on a mint cake with junk, and then are able to add their own junk and turn around and sell for profit. No scamming here, just clever trading.

 

So as a final comparison, how were spinach rolls used? Unsuspecting Player selling valueble item was offered a spinach roll by scammer who claimed it was worth a lot. Player accepted trade, tried to resell spinach roll but then discovered it was worthless (unless they managed to re-scam another player). There may have been a time where spinach rolls were treated like mint cakes, but that is beyond my knowledge and nowadays the trade limit prevents the scamming side of spinachroll-type trades. As for mint cakes, they are offered with large amounts of junk from a seller and the buyer receives the cake and the junk and can then add their own junk to resell. OR the mint cakes can be offered for highly demanded items like spirit shields in addition to a cash pile to supplement the mint cakes and get within the trade limit. So if a player offers 550mil and 3 mint cakes for an item, the seller of the item gets the 550m and can resell the mint cakes for incredible amounts with junk. I find it brilliant. Everybody wins, unlike the spinach roll where although some merchants could utilize it, many were scammed by it.

[stonewall337]

Yes, exactly warren. That is what I have been saying for a long time. Mint cake is a fiat currency, used to match up an items street to ge price.

[badphooeybad]

So if I had a mint cake, I could just stroll into World 2 and sell for max trade price? No junk. :unsure:

[Bladewing]

So if I had a mint cake, I could just stroll into World 2 and sell for max trade price? No junk. :unsure:

Yes, but wouldn't you rather sell it to a fellow TIFer? <3: I'll buy it for max.

[badphooeybad]

Sure, but I have to get it first lol. :rolleyes: And for some reason I can't connect right now.

[Spanked]

So if I had a mint cake, I could just stroll into World 2 and sell for max trade price? No junk. :unsure:

[Mh1456]

1st law of logic: people are stupid, i got myself a 24h ags intrade of a mint cake

You sir, are the stupid one. Mint cakes are worth 5m+ street price. you could have sold tons of junk, but instead you got a worthless ags lend....

[Demoli]

1st law of logic: people are stupid, i got myself a 24h ags intrade of a mint cake

You sir, are the stupid one. Mint cakes are worth 5m+ street price. you could have sold tons of junk, but instead you got a worthless ags lend....

 

Yes, i'm stupid, your stupid, everyone is stupid, but instead of spending hours gathering "junk" i got 24h ags lend that lead to 2 ss splits and 1 bandos hilt split, alongside 5m of lsp.

 

Why someone would spend hours gathering junk when making regular money is more profitable is beyond me.

[Star_Fox]

1st law of logic: people are stupid, i got myself a 24h ags intrade of a mint cake

You sir, are the stupid one. Mint cakes are worth 5m+ street price. you could have sold tons of junk, but instead you got a worthless ags lend....

 

Yes, i'm stupid, your stupid, everyone is stupid, but instead of spending hours gathering "junk" i got 24h ags lend that lead to 2 ss splits and 1 bandos hilt split, alongside 5m of lsp.

 

Why someone would spend hours gathering junk when making regular money is more profitable is beyond me.

 

don't forget that you could buy risings with mint cakes which already makes money for you or add it into one of your items that are crashing so you don't lose money.

an ags for 24 hrs is hardly worth that offer. <_< i seriously doubt that your ags would of made any difference in those drops.

[Demoli]

1st law of logic: people are stupid, i got myself a 24h ags intrade of a mint cake

You sir, are the stupid one. Mint cakes are worth 5m+ street price. you could have sold tons of junk, but instead you got a worthless ags lend....

 

Yes, i'm stupid, your stupid, everyone is stupid, but instead of spending hours gathering "junk" i got 24h ags lend that lead to 2 ss splits and 1 bandos hilt split, alongside 5m of lsp.

 

Why someone would spend hours gathering junk when making regular money is more profitable is beyond me.

 

don't forget that you could buy risings with mint cakes which already makes money for you or add it into one of your items that are crashing so you don't lose money.

an ags for 24 hrs is hardly worth that offer. <_< i seriously doubt that your ags would of made any difference in those drops.

 

Well, of course that it wouldnt make a difference in drops, but it would make a difference in getting into a team, since the RSOF elitist only accept lv 125- on their team that have either ags or sgs.

[stonewall337]

1st law of logic: people are stupid, i got myself a 24h ags intrade of a mint cake

You sir, are the stupid one. Mint cakes are worth 5m+ street price. you could have sold tons of junk, but instead you got a worthless ags lend....

 

Yes, i'm stupid, your stupid, everyone is stupid, but instead of spending hours gathering "junk" i got 24h ags lend that lead to 2 ss splits and 1 bandos hilt split, alongside 5m of lsp.

 

Why someone would spend hours gathering junk when making regular money is more profitable is beyond me.

 

Because, it isn't always.

 

There are several ways of making 1m+ junk an hour.

 

You can also brew certain things, which have a high junk profit for little work.

 

And Dem, you act as if being elitist is bad.

[Cantristenon]

Lent ags yesterday for 24h for 1, today sold it for addy arrows++ worth 3,5m. Not sure if I was scammer or scammed. Tried my best but couldn't get better deal :/ a bit sad because I got a lot more those from zammy gwd.

[Satenza]

I personally see no reason to talk about this.

It's a stupid item and it's no real rare to invest money in for this obvious reason:

 

Haloween masks & phats etc are items that came in the game ages ago and they were increasing very fast.

I even remember a clanleader back in the days alching his phat set and putting the movie on the clan forums for showing his protest against the way people wanna pay outrageous prices for a 'useless' item.

But point is: due to people quiting the game or getting banned for numerous reasons. The amount of these 'real' rares gets smaller and smaller. There simply is no way to bring new phats/h'ween masks into the game.

So they are destined to keep raising in price.

Mint cakes can be obtained by any member if you keep doing the mini-game. So there's no reason to pay multiple millions in junk for this item as it isn't destined to become rare.

It will become more common and common every week since players are keen to gather them now. So be smart and sell em as soon as you can.

Only point is: who has 5mil junk to trade for the cash? Anyway good luck and don't invest in this!

 

I used my spare 24mil (a month or 2 back) to use a green mask (I already have a red one) and guess what:

 

Red went to 54 mil (was 38m at that time) and green went from 23.5 to 43 mil... That's the difference between real rares and the mint cake things...

 

I can't believe it took you that long to say mint cakes aren't discontinued.

 

To be fair though, I have had some people offer me mint cakes for free, they're not that rare. But they're definitely a useful tool.

[das]

 

How can you not invest in these? NOM NOM NOM....

 

But seriously, as long as trade is hindered by limits people will flock to items like the mint cakes in droves.

They will ALWAYS exist until trading restrictions are loosened. Burnt Shrimp rose to 10 GP each and was removed with all burnt foods for "RWT" concerns agos ago from the GE.

I Personally feel that the lack of resource gathers supplying raw materials has led to the inflation, not pvp cash.

[Money Wasted]

1st law of logic: people are stupid, i got myself a 24h ags intrade of a mint cake

You sir, are the stupid one. Mint cakes are worth 5m+ street price. you could have sold tons of junk, but instead you got a worthless ags lend....

 

Yes, i'm stupid, your stupid, everyone is stupid, but instead of spending hours gathering "junk" i got 24h ags lend that lead to 2 ss splits and 1 bandos hilt split, alongside 5m of lsp.

 

Why someone would spend hours gathering junk when making regular money is more profitable is beyond me.

 

don't forget that you could buy risings with mint cakes which already makes money for you or add it into one of your items that are crashing so you don't lose money.

an ags for 24 hrs is hardly worth that offer. <_< i seriously doubt that your ags would of made any difference in those drops.

 

Well, of course that it wouldnt make a difference in drops, but it would make a difference in getting into a team, since the RSOF elitist only accept lv 125- on their team that have either ags or sgs.

 

A mint cake for a 24h ags lend is actually a very bad deal. You could have gotten five 24h ags loans by buying junk for the ags loan and selling it with a mint.

[Guest TrixStar]

They are a form of currency these days. In order to get around the GE some type of junk/risings have to be used as currency.

 

Really its just for upgrading/downgrading assets that are bought out/unsellable. If you have some unsellable items, put them up in a trade with some unbuyable items and trade for cash. If you have an item thats bought out, you can downgrade it for cash + other unbuyables.

There in lies the problem with the economy in this game. Items like a mint cake from a mini-game shouldn't be used as currency.

[stonewall337]

They are a form of currency these days. In order to get around the GE some type of junk/risings have to be used as currency.

 

Really its just for upgrading/downgrading assets that are bought out/unsellable. If you have some unsellable items, put them up in a trade with some unbuyable items and trade for cash. If you have an item thats bought out, you can downgrade it for cash + other unbuyables.

There in lies the problem with the economy in this game. Items like a mint cake from a mini-game shouldn't be used as currency.

 

Why?

[strilmus]

Emergent gameplay is a fickle thing, no?

 

Money is an arbitrary item that does not serve any actual purpose other than money. Mint cakes are about the same level of usefulness but can't be obtained except through one main source which is slow and unguaranteed. It cannot be created with magic or killing things. It becomes a protected item of sorts. Why not?

 

People do not trust coin as much since it is so easily obtained and the value of items compared to money is much more chaotic.

 

Mint cakes are the equivalent of gold bars in RL, but the same problem also lies in that it will only last as long as people maintain faith in it, like other money. It too will see the day when it is not a wanted item anymore. Gold in real life will eventually crash when somebody with a large supply of it will start cashing out and then everybody else will too and goodbye investment. Sounds familiar?

 

But like a certain man on a news network that appears to be crazy but knows what he is doing, you may as well take advantage of the situation now.

[stonewall337]

Emergent gameplay is a fickle thing, no?

 

Money is an arbitrary item that does not serve any actual purpose other than money. Mint cakes are about the same level of usefulness but can't be obtained except through one main source which is slow and unguaranteed. It cannot be created with magic or killing things. It becomes a protected item of sorts. Why not?

 

People do not trust coin as much since it is so easily obtained and the value of items compared to money is much more chaotic.

 

Mint cakes are the equivalent of gold bars in RL, but the same problem also lies in that it will only last as long as people maintain faith in it, like other money. It too will see the day when it is not a wanted item anymore. Gold in real life will eventually crash when somebody with a large supply of it will start cashing out and then everybody else will too and goodbye investment. Sounds familiar?

 

But like a certain man on a news network that appears to be crazy but knows what he is doing, you may as well take advantage of the situation now.

 

Exactly. What Trixstar said makes absolutely no sense. There is no reason why in a role playing game, one item should not gain a different use then what it was created for.

[strilmus]

Derailing the topic for a moment...

 

I am concerned, however, that there isn't anybody on the Jagex staff that know anything about economics aside from situational research that they consider to be immediately important to them. They would benefit greatly from having an inside person that deals with the market on a hands-on basis and relays crucial details regarding trade, including this mint cake development. No more blundering about in the dark with heavy handed judgement calls.

 

I think they rely on player mods to bring this stuff up. It doesn't seem to be working.

 

Back on topic: I would not mind trading mint cakes for anything above their actual value as long as profit is gained. Being conservative about vague situations like the temporary adoption of cakes for cash saves a lot of trouble in the long run. :P

[Unb34t4bl3]

We are finally seeing the long-term results of trade limits, and GE restrictions.

[Bladewing]

We are finally seeing the long-term results of trade limits, and GE restrictions.

[1230abcz]

 

How can you not invest in these? NOM NOM NOM....

 

But seriously, as long as trade is hindered by limits people will flock to items like the mint cakes in droves.

They will ALWAYS exist until trading restrictions are loosened. Burnt Shrimp rose to 10 GP each and was removed with all burnt foods for "RWT" concerns agos ago from the GE.

I Personally feel that the lack of resource gathers supplying raw materials has led to the inflation, not pvp cash.

 

OMFG... That cake looks delicious... We should have Cakeurdays on TIF, tbh...

 

 

We are finally seeing the long-term results of trade limits, and GE restrictions.

 

 

Lol, wut? Because mint cakes aren't rising fast enough and are therefore being used as cash? Of course trade limits are problems, but, as we've learned, they're completely necessary (RWT, if you didn't catch it, and yes, I believe Jagex's lies). People have found a way around the trade limits (junk), and there's nothing wrong with that. It's emergent game play, it works, and if people don't want to follow along with it, then too bad I guess.