@Economy - You done goofed up.

[Undo]

Staff Of Light, everyone wanted one the first week. Why? Because they looked hawt. A few weeks later people realized how easy they were to obtain an began to panic.

 

Same goes for Royal Crown; however the Royal Crown had a higher demand because it was a little harder to get, while giving players the feeling of wearing a Phat - L.

 

Dragon Masks, everyone wants one. Here it is day two, alot of players are already obtaining them trading them down for multiple other new Treasure Trail items.

 

Jagex is smarter than you give them credit for. They set prices for new items to a point where any higher, the demand will dwindle due to the ridiculous prices Merchants try to set for the items.

 

I give these Dragon Masks and every other Treasure Trail item another week before the demand cuts in half and the supply doubles.

 

Why?

 

-Not everyone had the patience/qualifications to get a Staff Of Light.

 

-The players who had a high Hunter level tried for Royal while those who didn't meet the qualifications, shortly made that their goal.

 

-Lastly, EVERYONE has the qualifications to attempt Treasure Trails - Regardless of a few Quests and Skills needed and the Clue level, but there's a Treasure Trail item guaranteed in EVERY reward.

 

You tell me, is that Dragon Mask worth selling your Bank for?

 

Are those Firelighters worth trading up something of value to you?

 

83:59:59

Hr/Min/Sec

Edited August 6, 2010 by Danqazmlp
Removed Color Text

[anonymouse_]

I'm sure most here would agree the new TT stuff is fugly and completely useless.

[Aruschpler12]

Jagex is smarter than you give them credit for. They set prices for new items to a point where any higher, the demand will dwindle due to the ridiculous prices Merchants try to set for the items.

 

I give these Dragon Masks and every other Treasure Trail item another week before the demand cuts in half and the supply doubles.

 

 

This seems to imply that when supply changes, demand also changes. This is untrue. However, you could also be implying (partially correctly) that in the near future, both preferences will change, resulting in lower demand (correct), and supply will increase (which is technically untrue, the quantity supplied will increase, but the ways to acquire the items will stay the same).

 

The quantity supplied increase, which will cause a shift along the demand curve, not a shift of the demand curve. However, I do believe that the demand curve will shift because of a change in tastes and preferences of consumers. So, you're right but for the wrong reasons.

[blakdragon39]

Isn't ALL tt stuff? The armour was never meant to be better than any other armour.. So it isn't. :P I think the tt items are there for fun. Sure the prices will crash, but they'll stabalize at where they need to be. :)

[D. V. Devnull]

This reminds me all too well of what's happened to the Accuracy/Magic/Defense/Strength/Power Amulets... Market prices are just upside-down enough to totally upset the whole economy... If Jagex ever makes it so finished items are always a minimum of the sum of their parts in price, it will heal the economy rather fast... And it might just knock those TT items all into their proper places, too. ;)

 

~D. V. "I'm just as sick of an upside-down economy as you are." Devnull

[Blutters]

I'm sure most here would agree the new TT stuff is fugly and completely useless.

Variety. And for the record I like most everything but the new trimmed rune... And I'M sure that most people would agree.

Also, we just got a huge flow of new items that will become cheap soon enough and count as Bandos/Armadyl items in slots that weren't possible before. I would be surprised if Armadyl Vestments DIDN'T become very popular with pures looking to kill Aviantese.

 

Jagex is smarter than you give them credit for. They set prices for new items to a point where any higher, the demand will dwindle due to the ridiculous prices Merchants try to set for the items.

 

I give these Dragon Masks and every other Treasure Trail item another week before the demand cuts in half and the supply doubles.

 

 

This seems to imply that when supply changes, demand also changes. This is untrue. However, you could also be implying (partially correctly) that in the near future, both preferences will change, resulting in lower demand (correct), and supply will increase (which is technically untrue, the quantity supplied will increase, but the ways to acquire the items will stay the same).

 

The quantity supplied increase, which will cause a shift along the demand curve, not a shift of the demand curve. However, I do believe that the demand curve will shift because of a change in tastes and preferences of consumers. So, you're right but for the wrong reasons.

Tastes will change - As soon as items are common to be seen, people will want them less because they'll seem less exclusive, less new, and less exciting - Leading to supply changing demand!

[spooferfish]

I'm sure most here would agree the new TT stuff is fugly and completely useless.

 

I want the Bandos stuff. I have the book, Had offers for robes and Trimmed armor, but no luck.. It is just brown.. dunno why I want it, lol.. It is useless though, but preaching from the Bandos book is funny.

[Bladewing]

I think black/bronze/iron/steel/mithril/frost dragon masks will last a while, as will 3a, the other ones I'm not sure about.

[LatinII]

So are you editing most of your posts into blue now?

[Low C]

There is already a thread about the items, and the rares and p hats thread for price and economy discussion. I really fail to see why you are making all these topics all in this past week.

[Toad]

All items on release are saught after then crash, it's just supply and demand, and of course people stock piling them ;).

[aspeeder]

Tastes will change - As soon as items are common to be seen, people will want them less because they'll seem less exclusive, less new, and less exciting - Leading to supply changing demand!

Uhmmm, changes in consumer taste denotes a change in the demand, which causes the curve to shift left and decrease the quantity supplied, but not the supply per se. Supply never changes demand, or vice versa.

 

Lrn 2 Econ.

[Omali]

I'm sure most here would agree the new TT stuff is fugly and completely useless.

 

I want the Bandos stuff. I have the book, Had offers for robes and Trimmed armor, but no luck.. It is just brown.. dunno why I want it, lol.. It is useless though, but preaching from the Bandos book is funny.

 

I'll bet the Bandos book never caught on in its time. His followers don't seem too into the whole art of reading.

[Blutters]

Tastes will change - As soon as items are common to be seen, people will want them less because they'll seem less exclusive, less new, and less exciting - Leading to supply changing demand!

Uhmmm, changes in consumer taste denotes a change in the demand, which causes the curve to shift left and decrease the quantity supplied, but not the supply per se. Supply never changes demand, or vice versa.

 

Lrn 2 Econ.

No! I already did last year and I never wanna go back. I even got college credit... :shades:

 

Ignoring obvious deficiencies in vocab, I'm pretty sure I'm right... :smile:

If it's wrong because of the wording, then you know what I mean!

[aspeeder]

Tastes will change - As soon as items are common to be seen, people will want them less because they'll seem less exclusive, less new, and less exciting - Leading to supply changing demand!

Uhmmm, changes in consumer taste denotes a change in the demand, which causes the curve to shift left and decrease the quantity supplied, but not the supply per se. Supply never changes demand, or vice versa.

 

Lrn 2 Econ.

No! I already did last year and I never wanna go back. I even got college credit... :shades:

 

Ignoring obvious deficiencies in vocab, I'm pretty sure I'm right... :smile:

If it's wrong because of the wording, then you know what I mean!

If what you're trying to say is that once the "shine" wears off of the update and people become less interested in buying the rewards, leading to price falls and less people hunting clues, then yes I get what you're saying.

[Blutters]

Tastes will change - As soon as items are common to be seen, people will want them less because they'll seem less exclusive, less new, and less exciting - Leading to supply changing demand!

Uhmmm, changes in consumer taste denotes a change in the demand, which causes the curve to shift left and decrease the quantity supplied, but not the supply per se. Supply never changes demand, or vice versa.

 

Lrn 2 Econ.

No! I already did last year and I never wanna go back. I even got college credit... :shades:

 

Ignoring obvious deficiencies in vocab, I'm pretty sure I'm right... :smile:

If it's wrong because of the wording, then you know what I mean!

If what you're trying to say is that once the "shine" wears off of the update and people become less interested in buying the rewards, leading to price falls and less people hunting clues, then yes I get what you're saying.

Oh, I don't mean time frame though. What I do mean is if everyone who owned these items wore them around, and everyone else who wanted these items saw them, the wanters would think they were already becoming common already and not want them as much or at all.

[Wingless]

Can I please make a statement of how stupid it is to use a dead meme as a title? :thumbdown:

 

Anyway, OT, it's not as if the only reward there is the Dragon Mask. There's apparently 140+ more. So a different reward, other than the DM might become popular. Besides, aren't there like 8 different kinds or something? Chromatic, Metallic and one or two extra (like Frost Dragon). A certain one may be pretty rare which would mean people would want that one... etc.

 

And the SoL is not a vain item. It's got +17 Mage Bonus, saves runes quite often and a nice strength bonus which is only -10 less than an Abyssal Whip.

 

I get your post though and it's true. Just... don't beat dead horses and use Twitter/Facebook utilities.

[Leetman]

I'm really confused at what argument is to be proved by this topic.

 

The title doesn't help

 

The information describes a well-known reoccurring trend

 

I see supply and demand used, but superficially at that

 

So what, is this seriously a discussion of something that came to light years ago?

 

Maybe my brain isn't working today, but this whole topic confounds my greater intellect.

[Troacctid]

I'll bet the Bandos book never caught on in its time. His followers don't seem too into the whole art of reading.

Hey! You don't have to be stupid to follow Bandos.

 

But it helps.

[Squisher_33]

the first 2 sentences shows that this is just 100% wrong

 

staff of light wasnt wanted for looks, its the best mage weapon in the game and over time will save you the cost in runes

 

tt items have no combat use and are completely for looks

[Blutters]

tt items have no combat use and are completely for looks

Let me state the obvious since you've had a brain lapse.

Ranger Boots - Best boots for rangers in the game, still, after many years.

3rd Age - WAS the best before GWD...

Every D'Hide set but Ancient and Guthix - Cheaper alternatives to many other items for GWD purposes.

Vestments, for the same purpose, mainly for pures...

God Bows - They're looking better and better, but no one here has actually tested them.

Prayer Books - Unholy Book is still the best shield slot item for rangers.

 

I should add that nearly every single "common" reward just released is quite useful.

[Obtaurian]

Staff Of Light, everyone wanted one the first week. Why? Because they looked hawt. A few weeks later people realized how easy they were to obtain an began to panic.

 

What? It was the best staff in the game (and still is the best training staff in the game, arguably).

 

Anyway, I don't see why you didn't just post on the rares thread.

[Owned_Nex]

Staff Of Light, everyone wanted one the first week. Why? Because they looked hawt. A few weeks later people realized how easy they were to obtain an began to panic.

Wrong, it was amazing from the beginning. The massive prices was caused by those who wanted to PvP with it.

 

Same goes for Royal Crown; however the Royal Crown had a higher demand because it was a little harder to get, while giving players the feeling of wearing a Phat - L.

Wrong, they were rare until Jagex nerfed Kinglys and made them common.

 

Dragon Masks, everyone wants one. Here it is day two, alot of players are already obtaining them trading them down for multiple other new Treasure Trail items.

 

Wrong again...At this stage most people are trading up to Masks.

 

Jagex is smarter than you give them credit for. They set prices for new items to a point where any higher, the demand will dwindle due to the ridiculous prices Merchants try to set for the items.

 

Wrong. TT items are commonly going for 2-4x their market value.

 

I give these Dragon Masks and every other Treasure Trail item another week before the demand cuts in half and the supply doubles.

 

 

 

Why?

 

-Not everyone had the patience/qualifications to get a Staff Of Light.

 

Not everyone can do level 4 clues.

 

-The players who had a high Hunter level tried for Royal while those who didn't meet the qualifications, shortly made that their goal.

Jagex nerfed Kinglys. Nothing to do with qualification.

 

-Lastly, EVERYONE has the qualifications to attempt Treasure Trails - Regardless of a few Quests and Skills needed and the Clue level, but there's a Treasure Trail item guaranteed in EVERY reward.

Right. Except there isn't a fair chance of getting any item. More often then not you will get something like purple sweets.

 

You tell me, is that Dragon Mask worth selling your Bank for?

 

No. But the people who can buy these don't plan on selling even a fraction of their bank's worth.

 

Are those Firelighters worth trading up something of value to you?

These are for party use only. I personally wouldn't mind spending a good 100k on these.

 

83:59:59

Hr/Min/Sec

Time needed to fail.

[Sir_Kurity]

-Lastly, EVERYONE has the qualifications to attempt Treasure Trails

 

Quests, and some pretty high ones like legends quest, skills, some which many players are unwiling to get up (like defence). Not to mention the combat requirements.

[PereGrin]

Can I please make a statement of how stupid it is to use a dead meme as a title? :thumbdown:

 

But who doesn't want free post count! :thumbup: :thumbup: :thumbup: :thumbup: :thumbup:

 

on topic i guess. everything crashes after a week or so. The new dragon masks appear to be not as rare as 3rd age, and the druidic 3rd age fails anyway.

 

and the prices are high enough in ge to hopefully stop merchers latching onto those like they did crown and onyx.