Vann Posted November 12, 2009 Share Posted November 12, 2009 I'm in the dark on how people create massive amounts of junk. Is it left over from training skills or do they intentionally collect it?Junk = (Usually) Merched crap @ Phats situation:YESSSS!! I'll buy a yellow phat once it is buyable (: I like the way you describe junk; yet it's so true :lol:. I'm sure you could get a yellow for max right now, but I'd wait to get it a bit cheaper. Best/easiest Junk ATM- Buy Vials, WFVS, Newts daily. Create 800k-1M junk a day in 10 minutes or less. Or do as I'm doing and save up 30-40K of them and sell all once price stabilizes from people being too lazy to buy their dailies. @YellowI will buy a Yellow one day, hoping to see it in the sub 200M range again before I buy (doubtful). I would sell my entire bank to buy a Yellow because of how they fluctuate in price so much I would rather spend a ton now and have them go down for them to get popular again and go back to what they were a few weeks ago. I can always make more money for skills... Also, a Yellow would put me 1 step closer to my quitting goal [Hide=Goal] Yellow, 5 Santas, 2 Mask sets(What I had in RSC before gettign hacked) along with 99 Smithing, Con, and Prayer (maybe Herblore if i get tons of money to blow)... Also, full 3rd Age Mage w/ Spectral would be hawt.[/Hide] Peace,Vann Link to comment Share on other sites More sharing options...
Punitive_D Posted November 12, 2009 Share Posted November 12, 2009 Santas are also going up... Well it seems like as the days go on partyhats keep sinking in street price. Purple-<eggYellow-EggGreen-EggRed-3 Eggs or a diskWhite-2 pumps+disk/Elysian+eggBlue-5 Pumps+2 disk+3 easter/2 whites+2 red(maybe) The lower three partyhats have been almost wrecked, while red has taken a big hit, with white and blue basically the same as before. Watch for the lower hats to crash soon. purple is basically max now. i saw a good merch sell a yellow for egg + 10m junk and cash. people are also downgrading yellows to green+cash (vice versa) which is hilarious. red is probably under 2 eggs (depends on the merch) and white/blue is still going. i think by the time november passes, we'll all be seeing phats going down or ATLEAST buyable again. minor wearables seems to be going up along with edibles and disk. mint cakes are at the rise...3-5m per cake...yikes. they're the next opulent tables. Late last night/early this morning there was a guy on W2 offering a yellow and two santas for one easter. He was getting no takers. Anyone bought any partyhats in the GE this week (other than right after price move)? Any for less than max yet? Screenies? Link to comment Share on other sites More sharing options...
cookiestealer222 Posted November 12, 2009 Share Posted November 12, 2009 May I start the rumor that people can log into their classic accounts with all their old rares still available and transferable to the RS2 market? The market is now flooded and start selling your rares for lob/coal certs. Link to comment Share on other sites More sharing options...
Ermy Posted November 12, 2009 Share Posted November 12, 2009 May I start the rumor that people can log into their classic accounts with all their old rares still available and transferable to the RS2 market? The market is now flooded and start selling your rares for lob/coal certs. Sounds absolutely stupid, opening a game after 4 years to everyone and letting items being tranferred from it. Those with a little bit of knowledge are more dangerous than those with none. Link to comment Share on other sites More sharing options...
Punitive_D Posted November 12, 2009 Share Posted November 12, 2009 May I start the rumor that people can log into their classic accounts with all their old rares still available and transferable to the RS2 market? The market is now flooded and start selling your rares for lob/coal certs. Sounds absolutely stupid, opening a game after 4 years to everyone and letting items being tranferred from it. Dude, chill. I don't think he was seriously suggesting that -- just a joke. Link to comment Share on other sites More sharing options...
acenator Posted November 12, 2009 Share Posted November 12, 2009 May I start the rumor that people can log into their classic accounts with all their old rares still available and transferable to the RS2 market? The market is now flooded and start selling your rares for lob/coal certs. Sounds absolutely stupid, opening a game after 4 years to everyone and letting items being tranferred from it. Dude, chill. I don't think he was seriously suggesting that -- just a joke.Yeah. I had an RSC account, but was unable to keep it active. Logged into RSC last night and didn't even have my old stats. Heck, they even started me out on Tutorial Island. GF Acenator RSC. :wall: > SELECT * FROM users WHERE clue > 0;0 rows returnedThere's no place like 127.0.0.1There are only 10 types of peoplein this world: those who understandbinary and those who don't.This statement is false.$DO || ! $DO ; trytry: command not found Link to comment Share on other sites More sharing options...
Trey Posted November 12, 2009 Share Posted November 12, 2009 I feel like a noob with my questions, but that's how I learn i guess... so are easters/pupkins/disks just bloated items atm, where their street price doesn't match for how common they are? and when people are trading easters for phats they are putting up ~200m worth of junk to trade for the phat, right? This seems like a huge upgrade for the person with the easter to me. Unless I'm wrong about their rarity. do they not want to sell them on the G.E. for less than max so the prices go up? And are there too many offers at max so they don't sell? lots to learn :-| Link to comment Share on other sites More sharing options...
timmmmm83 Posted November 12, 2009 Share Posted November 12, 2009 I feel like a noob with my questions, but that's how I learn i guess... so are easters/pupkins/disks just bloated items atm, where their street price doesn't match for how common they are? and when people are trading easters for phats they are putting up ~200m worth of junk to trade for the phat, right? This seems like a huge upgrade for the person with the easter to me. Unless I'm wrong about their rarity. do they not want to sell them on the G.E. for less than max so the prices go up? And are there too many offers at max so they don't sell? lots to learn :-| Hey, I am no expert on junk trading but I do know a thing or two and think I can answer your question. They are bloated items indeed, but you are wrong on another point. If A is selling his phat for an easter from B. A gives the phat, B gives the easter + cash to make the trade even. Not easter + junnk.A hopes that in the future his newly gotten easter will rise more than his phat. B hopes that in the future his newly gotten phat will rise more than his easter. If I am wrong, feel free to correct me! Tim Link to comment Share on other sites More sharing options...
ilovecuttingyews Posted November 12, 2009 Share Posted November 12, 2009 do they not want to sell them on the G.E. for less than max so the prices go up? And are there too many offers at max so they don't sell?lots to learn :-|If you had an egg that was worth 30M on the GE and 200M on the street would you want to sell that egg for 200M or 30M? Sure, if you sell it in the GE the price will rise and the street and GE prices will come even closer, but what does that help you? You are out 170M of potential wealth. That's the problem, the street price is high so no one sells it in the GE thus making it even more unbuyable and pushing the street price higher.As for your second question, when the street price is 7x the GE price everyone hopes they can get one in the GE to sell for a 700% profit. That combined with the rarity of people selling to the GE just adds to the unbuyable-ness of it. Thus it is named 'bought out' meaning that there are none of that item currently 'in' the GE and good luck getting one even if you put in an offer 10 sec after a GE update. Link to comment Share on other sites More sharing options...
Unb34t4bl3 Posted November 12, 2009 Share Posted November 12, 2009 If you had an egg that was worth 30M on the GE and 200M on the street would you want to sell that egg for 200M or 30M? Sure, if you sell it in the GE the price will rise and the street and GE prices will come even closer, but what does that help you? You are out 170M of potential wealth. 200M street does not equal "200M". 200M street = 30M + the loss you will take from buying junk off someone. After you resell the junk, if you lost 30M, you effectively paid 60M, not 200M. And if you very little loss... you effectively paid market. If free trade was to be bought back, eggs would not be 200M... not even close. FairTraders.net (Merchant Guides + Grand Exchange Update Notifier)Get FREE Grand Exchange updates through the website, by email, or through your mobile device! Link to comment Share on other sites More sharing options...
Punitive_D Posted November 12, 2009 Share Posted November 12, 2009 If free trade was to be bought back, eggs would not be 200M... not even close. Tru dat. I think edibles will crash harder than anything else in the near term. Partyhats will crash, but at least there's a natural demand for them because they're wearable. There is very little natural demand for the edibles. Some poor saps are going to lose their shirts on them. Link to comment Share on other sites More sharing options...
Satenza Posted November 12, 2009 Share Posted November 12, 2009 I disagree. Easters will crash quite a lot if they are dumped (there is still a large amount left). However Half Wines, Pumpkins and Disks will remain in a similar state to what they are in now, perhaps they are at risk of a small decline, but principally they won't be going down. With so many trees in the city you could see the spring coming each day until a night of warm wind would bring it suddenly in one morning. Sometimes the heavy cold rains would beat it back so that it would seem that it would never come and that you were losing a season out of your life. But you knew that there would always be the spring as you knew the river would flow again after it was frozen. When the cold rains kept on and killed the spring, it was as though a young person had died for no reason. In those days though the spring always came finally but it was frightening that it had nearly failed. Link to comment Share on other sites More sharing options...
Star_Fox Posted November 13, 2009 Share Posted November 13, 2009 I disagree. Easters will crash quite a lot if they are dumped (there is still a large amount left). However Half Wines, Pumpkins and Disks will remain in a similar state to what they are in now, perhaps they are at risk of a small decline, but principally they won't be going down. contrary to that, if they reached a price where nobody can afford them and then dumped by a large clan, who would buy them? they're just like any other items. if there is no demand, then it crashes. demand is created by people who are willing and can afford to buy the items. (/economics nerd) I feel like a noob with my questions, but that's how I learn i guess... so are easters/pupkins/disks just bloated items atm, where their street price doesn't match for how common they are? and when people are trading easters for phats they are putting up ~200m worth of junk to trade for the phat, right? This seems like a huge upgrade for the person with the easter to me. Unless I'm wrong about their rarity. do they not want to sell them on the G.E. for less than max so the prices go up? And are there too many offers at max so they don't sell? lots to learn :-| easters are the lowest because they're the least valuable out of all edibles. when its more valuable, more demand is pressured. second question: NO. remember that street price minus the normal price IS THE ACTUAL BUYING VALUE. so lets put it like this: a purple partyhat is 223M but the street price is around 280M so thats 57M value. an easter egg is only 30M but the street price exceeds 200M...which leaves 170M value (i know you're also paying cash to constitute the trade, but it doesnt always apply) so would people want to trade a purple for an easter egg when the street value is so much lower? no. so therefore, professional merchants uses this to trade items to increase their potential value. Link to comment Share on other sites More sharing options...
Satenza Posted November 13, 2009 Share Posted November 13, 2009 I disagree. Easters will crash quite a lot if they are dumped (there is still a large amount left). However Half Wines, Pumpkins and Disks will remain in a similar state to what they are in now, perhaps they are at risk of a small decline, but principally they won't be going down. contrary to that, if they reached a price where nobody can afford them and then dumped by a large clan, who would buy them? they're just like any other items. if there is no demand, then it crashes. demand is created by people who are willing and can afford to buy the items. (/economics nerd) Relatively speaking, If the supply is incredibly low, then the demand does not have to be high in order for them to rise. With so many trees in the city you could see the spring coming each day until a night of warm wind would bring it suddenly in one morning. Sometimes the heavy cold rains would beat it back so that it would seem that it would never come and that you were losing a season out of your life. But you knew that there would always be the spring as you knew the river would flow again after it was frozen. When the cold rains kept on and killed the spring, it was as though a young person had died for no reason. In those days though the spring always came finally but it was frightening that it had nearly failed. Link to comment Share on other sites More sharing options...
ilovecuttingyews Posted November 13, 2009 Share Posted November 13, 2009 I disagree. Easters will crash quite a lot if they are dumped (there is still a large amount left). However Half Wines, Pumpkins and Disks will remain in a similar state to what they are in now, perhaps they are at risk of a small decline, but principally they won't be going down.contrary to that, if they reached a price where nobody can afford them and then dumped by a large clan, who would buy them? they're just like any other items. if there is no demand, then it crashes.demand is created by people who are willing and can afford to buy the items. (/economics nerd)Relatively speaking, If the supply is incredibly low, then the demand does not have to be high in order for them to rise.True, but in order for an item to rise the demand must be greater then the supply. So, it doesn't have to be high relative to other items' demand, it just has to be high relative to the supply. [/wannabe ecomimics nerd]EDIT: I know what I meant to say but reading what I wrote it isn't really appearant, oh well. Can someone give a status update on the street prices of all rares? Link to comment Share on other sites More sharing options...
Star_Fox Posted November 13, 2009 Share Posted November 13, 2009 I disagree. Easters will crash quite a lot if they are dumped (there is still a large amount left). However Half Wines, Pumpkins and Disks will remain in a similar state to what they are in now, perhaps they are at risk of a small decline, but principally they won't be going down.contrary to that, if they reached a price where nobody can afford them and then dumped by a large clan, who would buy them? they're just like any other items. if there is no demand, then it crashes.demand is created by people who are willing and can afford to buy the items. (/economics nerd)Relatively speaking, If the supply is incredibly low, then the demand does not have to be high in order for them to rise.True, but in order for an item to rise the demand must be greater then the supply. So, it doesn't have to be high relative to other items' demand, it just has to be high relative to the supply. [/wannabe ecomimics nerd]EDIT: I know what I meant to say but reading what I wrote it isn't really appearant, oh well. Can someone give a status update on the street prices of all rares? purple seems to be picking up slightly. around 280Myellow: 400M (1 easter)green: 400M (1 easter)red: 500M (1.5-2 easters)white: 2 pumpkins + easterblue: 5-6 pumpkins half wine: 1.5Bdisk: 400-500Measter: 200Mpumpkin: 500M Link to comment Share on other sites More sharing options...
The_Gabe Posted November 13, 2009 Share Posted November 13, 2009 I disagree. Easters will crash quite a lot if they are dumped (there is still a large amount left). However Half Wines, Pumpkins and Disks will remain in a similar state to what they are in now, perhaps they are at risk of a small decline, but principally they won't be going down.contrary to that, if they reached a price where nobody can afford them and then dumped by a large clan, who would buy them? they're just like any other items. if there is no demand, then it crashes.demand is created by people who are willing and can afford to buy the items. (/economics nerd)Relatively speaking, If the supply is incredibly low, then the demand does not have to be high in order for them to rise.True, but in order for an item to rise the demand must be greater then the supply. So, it doesn't have to be high relative to other items' demand, it just has to be high relative to the supply. [/wannabe ecomimics nerd]EDIT: I know what I meant to say but reading what I wrote it isn't really appearant, oh well. Can someone give a status update on the street prices of all rares? purple seems to be picking up slightly. around 280Myellow: 400M (1 easter)green: 400M (1 easter)red: 500M (1.5-2 easters)white: 2 pumpkins + easterblue: 5-6 pumpkins half wine: 1.5Bdisk: 400-500Measter: 200Mpumpkin: 500M From what I read on 1 thread 1 pump+1 egg=1 red and 1 white. Don't know how accurate it is though. Three months banishment to 9gag is something i would never wish upon anybody, not even my worst enemy. Link to comment Share on other sites More sharing options...
testingsomestuff123 Posted November 13, 2009 Share Posted November 13, 2009 Dunno if anyone noticed, and this seems like the right place to post, but why is the christmas cracker not on top 100 expensive items anymore? Edit: It's only not there on the last 7 days one. Link to comment Share on other sites More sharing options...
Master_Smither Posted November 13, 2009 Share Posted November 13, 2009 I disagree. Easters will crash quite a lot if they are dumped (there is still a large amount left). However Half Wines, Pumpkins and Disks will remain in a similar state to what they are in now, perhaps they are at risk of a small decline, but principally they won't be going down.contrary to that, if they reached a price where nobody can afford them and then dumped by a large clan, who would buy them? they're just like any other items. if there is no demand, then it crashes.demand is created by people who are willing and can afford to buy the items. (/economics nerd)Relatively speaking, If the supply is incredibly low, then the demand does not have to be high in order for them to rise.True, but in order for an item to rise the demand must be greater then the supply. So, it doesn't have to be high relative to other items' demand, it just has to be high relative to the supply. [/wannabe ecomimics nerd]EDIT: I know what I meant to say but reading what I wrote it isn't really appearant, oh well. Can someone give a status update on the street prices of all rares? purple seems to be picking up slightly. around 280Myellow: 400M (1 easter)green: 400M (1 easter)red: 500M (1.5-2 easters)white: 2 pumpkins + easterblue: 5-6 pumpkins half wine: 1.5Bdisk: 400-500Measter: 200Mpumpkin: 500M From what I read on 1 thread 1 pump+1 egg=1 red and 1 white. Don't know how accurate it is though. I laughed out loud when I read that offer. It was such a bad lie really. The offers I posted yesterday still accurate and you should really avoid giving street prices for rares as they will turn out to be wrong. For example, green and yellow are not 400M nor are they the same street price wise. Funny how disks have become more popular than pumpkins and yet still one easter under them. As abyssal said, purples did rebound from near crashing, but can be easily bought for rising items. Click for My Blog670th 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 Link to comment Share on other sites More sharing options...
Numismaster Posted November 13, 2009 Share Posted November 13, 2009 Anyone hear of the "Greater Fool Theory"? It's the idea of buying an overpriced item only because you think you can sell it for more to someone else, the greater fool. Sums up the rares market perfectly. Link to comment Share on other sites More sharing options...
Killer3650 Posted November 13, 2009 Share Posted November 13, 2009 My opinion... Sell ur rares! get skills up! Truely scary to invest in these things >_< Link to comment Share on other sites More sharing options...
1230abcz Posted November 13, 2009 Share Posted November 13, 2009 Anyone hear of the "Greater Fool Theory"? It's the idea of buying an overpriced item only because you think you can sell it for more to someone else, the greater fool. Sums up the rares market perfectly. Interesting. That sounds like something I've done in the past, lol. Link to comment Share on other sites More sharing options...
Eyebeam Posted November 13, 2009 Share Posted November 13, 2009 I bought a spectral for fun. Looks awesome, but I might sell it to get an ags... #3325 to 99 Smithing #4332 to 99 Herblore Link to comment Share on other sites More sharing options...
Master_Smither Posted November 13, 2009 Share Posted November 13, 2009 Divine has dropped significantly street wise. It's now down to white+green and that's an offer divine sellers are asking for. The Elysian has dropped below a white+cash now and is roughly worth 2 red partyhats or pump+easter. Masks and santas are doing really well right now and some people are selling their purples for a combination of them. Spectrals and Arcanes are now dropping. Everything else is basically the same besides for the lower hats jumping up 20-50M in street today. Click for My Blog670th 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 Link to comment Share on other sites More sharing options...
Star_Fox Posted November 14, 2009 Share Posted November 14, 2009 My opinion... Sell ur rares! get skills up! Truely scary to invest in these things >_< +1 except skills are getting easier to accomplish, making them less desirable while rares can only increase their prestigious value. Anyone hear of the "Greater Fool Theory"? It's the idea of buying an overpriced item only because you think you can sell it for more to someone else, the greater fool. Sums up the rares market perfectly. i never heard of the name but its all the matter of what trade you're dealing with. despite what you said, they can actually work. Link to comment Share on other sites More sharing options...
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