imaleber Posted May 11, 2006 Share Posted May 11, 2006 well, i bought my santa hat for around 7.4 Million around 2 weeks ago. Yesterday, i Sold it for 8.5 million, and today i saw people buying and selling over 9 mill!!! could someone please tell me why, and whether or not it is only temporary and prices will soon drop again? thanks! 99 Ranged F2P achieved 21 November (2961st) Link to comment Share on other sites More sharing options...
dogfever Posted May 11, 2006 Share Posted May 11, 2006 I'm not sure if the loss would create a [bleep]e this big but a high level merchant was banned recently (in between those time you bought and sold I believe) and he had 200 santas in his bank. That has probably created a price scare. Only time will tell where the price will stabalise. The rares market is very edgy so it could be a while... df Link to comment Share on other sites More sharing options...
slayercool66 Posted May 11, 2006 Share Posted May 11, 2006 Yeah that can be one reason. And btw a very well know pk'er (the first completed pure) also says on mm forums that he died and lost 496 santas at black demons because he forgot to bank them, and noone was aroud to pick them up :roll: RIP The Old Nite ='( Link to comment Share on other sites More sharing options...
me_poulin Posted May 11, 2006 Share Posted May 11, 2006 Duke was banned with over 200 of them so now people are making a big deal about it and are selling for more... now the problem is alot of people want to makes some quick cash so they are giving in to the sellers and buying for more. so that makes the price go up. now imo they will drop I estimate that after a week or two things will settle down and people will be selling more then buying making a price go down my guess is they will stop at 7.9-8M. as for the 9m selling they're fake. :wink: Once in a life time! Link to comment Share on other sites More sharing options...
fx1970 Posted May 11, 2006 Share Posted May 11, 2006 Duke was banned with over 200 of them so now people are making a big deal about it and are selling for more... now the problem is alot of people want to makes some quick cash so they are giving in to the sellers and buying for more. so that makes the price go up. now imo they will drop I estimate that after a week or two things will settle down and people will be selling more then buying making a price go down my guess is they will stop at 7.9-8M. as for the 9m selling they're fake. :wink: I don't agree at all that price will decrase. AS the story of an owner of 200 banned implies, number of sanats can only go.....down, so price can only go......up, except if JAgex decide to make them untradable, what is more than unlikely. Any drop must be seen as a buying opportunity. (read some books about stocks it is a bit the same:) Link to comment Share on other sites More sharing options...
Noctis Posted May 11, 2006 Share Posted May 11, 2006 I'm sad about the price of Blue Masks. I sold mine for 12m the day before they continued rising to prices such as 12.2m and 12.8m. T-T Link to comment Share on other sites More sharing options...
StrikerRay Posted May 12, 2006 Share Posted May 12, 2006 yeha..they keep rising but theres no way their gonna reech 10M tho...if they do...OMG :shock: \:D/ Ray::P2P::::Roaming Around::::Phat me pl0x?::::Beamster:: \:D/ Link to comment Share on other sites More sharing options...
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