Veryhyper Posted June 9, 2006 Share Posted June 9, 2006 As everyone has seen P Hats were rising steadily before the contruction skill was introduced (yellow at the highest at 118m). Then of course P hats crashed (rares in general) due to two reasons, some people that had their savings in rares sold them off to use it up for contruction or people thought that POH will be a big drain money therefore making rares crash and sold them off to not lose money. For about 5 days after the update we saw rares crash to big lows (yellow down to 90m at lowest). Now its a bout a week since the update and P hats have reached all time highs. So much money has been drained from the economy and still rares are rising? Its just not logical. From what I've seen on the rs forums people are offering up to 125m for yellows by legitimite merchanters that I know for a fact will not try to raise prices by fake bids. Also the prices seem to be varying a lot yellow anywhere from 118m-132m, the 132m being a fake bid most likely. What I'm wondering is why. Why are rares rising when 10s of billions of gp was drained from economy. I mean it was only a week ago that Jag released contruction. Btw I used yellow p hats for the prices since its the price of which I knew throughtout the time before the con. update, during, and after. Link to comment Share on other sites More sharing options...
LordSoultar Posted June 9, 2006 Share Posted June 9, 2006 Maybe the people buying and selling the phats are as of yet unaware of just how much gp was drained so far by construction? :idea: Link to comment Share on other sites More sharing options...
coolx4guy Posted June 9, 2006 Share Posted June 9, 2006 the durail mascre,we lost many p-hats that day.due to thet look at the prices. Link to comment Share on other sites More sharing options...
Veryhyper Posted June 9, 2006 Author Share Posted June 9, 2006 Only one P hat (green) was lost to the durial incident. Link to comment Share on other sites More sharing options...
LordSoultar Posted June 9, 2006 Share Posted June 9, 2006 the durail mascre,we lost many p-hats that day.due to thet look at the prices. Many? Durial321 managed to pk a green, that's all. :roll: Link to comment Share on other sites More sharing options...
coolx4guy Posted June 9, 2006 Share Posted June 9, 2006 Only one P hat (green) was lost to the durial incident.maby so but alot of people dont know that. Link to comment Share on other sites More sharing options...
Veryhyper Posted June 9, 2006 Author Share Posted June 9, 2006 Only one P hat (green) was lost to the durial incident.maby so but alot of people dont know that. Any evidence to support that claim? Btw I doubt the Durial incident effected rare prices at all. Link to comment Share on other sites More sharing options...
LordSoultar Posted June 9, 2006 Share Posted June 9, 2006 Only one P hat (green) was lost to the durial incident.maby so but alot of people dont know that. Any evidence to support that claim? Btw I doubt the Durial incident effected rare prices at all. I do believe I saw a few people using it as an excuse to bring santas up by about 2m. Not sure if it worked. Link to comment Share on other sites More sharing options...
coolx4guy Posted June 9, 2006 Share Posted June 9, 2006 well idk if my evedence is still there,the night it happend all you had to do was look at the forums n the runescape site. Link to comment Share on other sites More sharing options...
zeekyhbomb Posted June 9, 2006 Share Posted June 9, 2006 Rares have been crazy lately, I have no idea why of the sudden jump. But they shouldn't go up much more, and I'd assume they will go down after all the mass sellings that are occuring. Link to comment Share on other sites More sharing options...
Adam007 Posted June 9, 2006 Share Posted June 9, 2006 My only guess is that people were all expecting construction to be used by a lot more people. Initially rares dropped a lot for that reason. But a week in people realized that the benefits they thought came associated with construction weren't really worth it. People aren't dumping as much cash into it anymore, and a lot of people suddenly stopped levelling it. Some might be rebuying party hats they sold off, which could be catalysing this. Others might be buying now because they were waiting for rares to hit a low to buy a lot, were caught off guard, and need to jump on board a rare before it gets too high. Link to comment Share on other sites More sharing options...
Veryhyper Posted June 9, 2006 Author Share Posted June 9, 2006 Adam, that sounds quite right! Link to comment Share on other sites More sharing options...
bobby1167 Posted June 9, 2006 Share Posted June 9, 2006 the durail mascre,we lost many p-hats that day.due to thet look at the prices. Many? Durial321 managed to pk a green, that's all. :roll: I believe the term is FPK Falador player kill :twisted: All Quests completed99 Thieving achieved on January 10th, 200899 Defense achieved on August 3rd, 200885 Slayer achieved on July 31st, 20086 Dragon boot drops, 14 Whip drops Link to comment Share on other sites More sharing options...
Shadow93 Posted June 9, 2006 Share Posted June 9, 2006 i'm pretty sure that whenever rares go down, they go up even more after, even more then they started ex: purple was 110m before construction, then it was 80m when construction came out, now its 115m, etc. Link to comment Share on other sites More sharing options...
munchkinmage Posted June 9, 2006 Share Posted June 9, 2006 I think that the reason they have gone back up is that people realized how much cheaper they had become, and began buying them again. Link to comment Share on other sites More sharing options...
weasel Posted June 9, 2006 Share Posted June 9, 2006 rares only get rarer, it only take a matter of days, when people saw how low the prices had gone, they decided to buy increased demand, less supply as less people wanted to sell, also people saving for them or making money back from construction indruced alot through alking as so on, the money will always be coming back... -= weasel =- rsname: moosewalker ~ top 10000 player :Dfull qp - always willing to chat add me... Link to comment Share on other sites More sharing options...
cyco Posted June 9, 2006 Share Posted June 9, 2006 Easy. Rares went low. People spazed. Bought like crazy. Rose like crazy. The end. Link to comment Share on other sites More sharing options...
MC_Joker Posted June 9, 2006 Share Posted June 9, 2006 Only one P hat (green) was lost to the durial incident. Nah he got scammed green phat, He pked a yellow. Virtualdevil // 97/99 Str< Link to comment Share on other sites More sharing options...
silver24-7 Posted June 9, 2006 Share Posted June 9, 2006 Why are rares rising when 10s of billions of gp was drained from economy. I mean it was only a week ago that Jag released contruction. Well I warned everyone. When Cursed you reached 98 construction, 5 days after release. I told everyone ok its done it's over money drain is finished and money is coming back in. Alching became cheaper because of low yew prices. But most important. Everyone had reached their lvl goals (30-75) depending on the person by that time. The biggest drain werent the higher lvl players, but the low lvl players using all the cash they had on construction. And since it are also the regular players that have to buy rares, barrows, whips. I told my friend to invest the 80M cash he had into whips the day cursed you was 98 and that day whips were at a low of 2.3M each. Guess what If he'd had done it he could've been selling them for 3-3.5 mill in less then a week from now if that price hasn't already been hit. Anyways shorted down: money drain stopped, money coming back in at high speeds, prices go up. Can I say it even easier ? I'm Finally 99 mage ^^ (and cooking...) :PSilver24-7 - Link to comment Share on other sites More sharing options...
bflitny1 Posted June 9, 2006 Share Posted June 9, 2006 Only one P hat (green) was lost to the durial incident.maby so but alot of people dont know that. Any evidence to support that claim? Btw I doubt the Durial incident effected rare prices at all. The green wasn't actually removed from the game, as Durial321 said in his interview, he gave it to his friend before being disconnected, but never managed to offload anything else. So that green is still in the market. On topic, the main reason is that people have now stopped powertraining construction as a few people have already got 99, so they are using cheeper methods and are able to buy their rares back, so many people did this that prices are now going up again, santas are now selling at 11m, low of 10m since construction, they were 12.5-13m before construction came out. Drops: Barrows: 60+ DK: 4... Dragon: 60+ Whips: 2... GWD: 0...ouch!Main Goal: 2000 total with no 99's Link to comment Share on other sites More sharing options...
Zoid_nerd Posted June 9, 2006 Share Posted June 9, 2006 Only one P hat (green) was lost to the durial incident. nah sorry to say your mistaken but w/e :lol: i lost a santa and red mask along with other stuff at cursed's party Link to comment Share on other sites More sharing options...
LordSoultar Posted June 9, 2006 Share Posted June 9, 2006 Only one P hat (green) was lost to the durial incident. Nah he got scammed green phat, He pked a yellow. He killed someone with a yellow, but the owner kept it since they had less than 3 items. Ironically, the person with the yellow that got killed was the topic starter. :lol: Link to comment Share on other sites More sharing options...
Duke_Freedom Posted June 9, 2006 Share Posted June 9, 2006 Rares went too low, and enough merchants saw that and stocked up again. Although the extremely negative effect of construction wasn't likely to last long, people should keep in mind that rares will grow at a smaller rate then seen in the past, due to the much lower inflation rate nowadays. The value of my bank at its height. Estimated value at the peak of the rares market: 250 billion+.Most likely the largest trade in RuneScape ever. Estimated value at the peak of the rares market: 70 billion+. Link to comment Share on other sites More sharing options...
Soma2035 Posted June 9, 2006 Share Posted June 9, 2006 Only one P hat (green) was lost to the durial incident. WRONG. Only one p hat was lost to DURIAL in that incident. He actually killed 2 or 3, but only got 1. Also, you have to remember he wasn't the ONLY one. Just the only one caught on tape with a million player mods and noobs following him. And seeing as the only thing necessary is a dungeon and lever, it may have occured on a few other worlds in smaller numbers. I'd estimate 5-10 were lost easy. However, many think there were hundreds lost, therefore they're bumping the prices up. Want to learn to Nex? The Nex Hunters are recruiting! Click for more information! Link to comment Share on other sites More sharing options...
coolx4guy Posted June 9, 2006 Share Posted June 9, 2006 Only one P hat (green) was lost to the durial incident. WRONG. Only one p hat was lost to DURIAL in that incident. He actually killed 2 or 3, but only got 1. Also, you have to remember he wasn't the ONLY one. Just the only one caught on tape with a million player mods and noobs following him. And seeing as the only thing necessary is a dungeon and lever, it may have occured on a few other worlds in smaller numbers. I'd estimate 5-10 were lost easy. However, many think there were hundreds lost, therefore they're bumping the prices up.ha theres my proof. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now