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Why are party hats worth so much?


Pure_Skillse

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that's very simple:

 

 

 

- a lot of people want them

 

 

 

- there aren't many of them

 

 

 

 

 

 

 

simple rules of supply and demand

 

 

 

low supply + high demand = high price

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it's very easy

 

 

 

for example there one phat

 

 

 

guy nr. 1 offers 30m

 

 

 

guy nr. 2 offers 31m because he doens't get otherwise

 

 

 

guy nr. 3 offers 32m therefore

 

 

 

and nr. 1 offers 33m

 

 

 

 

 

 

 

Now it isn't that easy but its the principle

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but why does one cost 23m and one cost 35m :?:

 

 

 

Difference between prices depend on the color of the phat, and how nicely that color matches the other equipment the person wears. Simple as that.

 

 

 

Might have something to do with rarity aswell.

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but why does one cost 23m and one cost 35m :?:

 

 

 

 

 

 

 

 

 

 

 

Blue partyhat 450,000,000gp - 480,000,000gp [!]

 

 

 

Green partyhat 170,000,000gp - 180,000,000gp [!]

 

 

 

Purple partyhat 146,000,000gp - 148,000,000gp [!]

 

 

 

Red partyhat 205,000,000gp - 215,000,000gp [!]

 

 

 

White partyhat 255,000,000gp - 275,000,000gp [!]

 

 

 

Yellow partyhat 160,000,000gp - 170,000,000gp [!]

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but why does one cost 23m and one cost 35m :?:

 

 

 

 

 

 

 

 

 

 

 

Blue partyhat 450,000,000gp - 480,000,000gp [!]

 

 

 

Green partyhat 170,000,000gp - 180,000,000gp [!]

 

 

 

Purple partyhat 146,000,000gp - 148,000,000gp [!]

 

 

 

Red partyhat 205,000,000gp - 215,000,000gp [!]

 

 

 

White partyhat 255,000,000gp - 275,000,000gp [!]

 

 

 

Yellow partyhat 160,000,000gp - 170,000,000gp [!]

 

 

 

 

 

 

 

 

 

 

 

thats rediculous i could buy full dragon with the money it costs for blue

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but why does one cost 23m and one cost 35m :?:

 

 

 

 

 

 

 

 

 

 

 

Blue partyhat 450,000,000gp - 480,000,000gp [!]

 

 

 

Green partyhat 170,000,000gp - 180,000,000gp [!]

 

 

 

Purple partyhat 146,000,000gp - 148,000,000gp [!]

 

 

 

Red partyhat 205,000,000gp - 215,000,000gp [!]

 

 

 

White partyhat 255,000,000gp - 275,000,000gp [!]

 

 

 

Yellow partyhat 160,000,000gp - 170,000,000gp [!]

 

 

 

 

 

 

 

 

 

 

 

thats rediculous i could buy full dragon with the money it costs for blue

 

 

 

 

 

 

 

25.

 

 

 

 

 

 

 

You could buy 25 sets of full dragon equivalent to a blue party hat

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but why does one cost 23m and one cost 35m :?:

 

 

 

 

 

 

 

 

 

 

 

Blue partyhat 450,000,000gp - 480,000,000gp [!]

 

 

 

Green partyhat 170,000,000gp - 180,000,000gp [!]

 

 

 

Purple partyhat 146,000,000gp - 148,000,000gp [!]

 

 

 

Red partyhat 205,000,000gp - 215,000,000gp [!]

 

 

 

White partyhat 255,000,000gp - 275,000,000gp [!]

 

 

 

Yellow partyhat 160,000,000gp - 170,000,000gp [!]

 

 

 

 

 

 

 

 

 

 

 

thats rediculous i could buy full dragon with the money it costs for blue

 

 

 

 

 

 

 

That's partly because there are more full dragons out there than party hats. Also, the number of party hats will not go up.

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They been going up slowly since they came out 3-4 years ago. Unlike dragon armour, they keep getting more and more rare (dragon armour comes from monster drops, while party hats came from a one time only drop).

 

 

 

 

 

 

 

The reason most people are buying them these days is to get richer, they see it as an investment, so the demand for party hats keep going up and up.

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but why does one cost 23m and one cost 35m :?:

 

 

 

 

 

 

 

 

 

 

 

Blue partyhat 450,000,000gp - 480,000,000gp [!]

 

 

 

Green partyhat 170,000,000gp - 180,000,000gp [!]

 

 

 

Purple partyhat 146,000,000gp - 148,000,000gp [!]

 

 

 

Red partyhat 205,000,000gp - 215,000,000gp [!]

 

 

 

White partyhat 255,000,000gp - 275,000,000gp [!]

 

 

 

Yellow partyhat 160,000,000gp - 170,000,000gp [!]

 

 

 

 

 

 

 

 

 

 

 

thats rediculous i could buy full dragon with the money it costs for blue

 

 

 

 

 

 

 

no it isnt because full dragson come every day again in the game

 

 

 

but partyhats arent produced anymore and because there are everyday more people there price will rise and rise

 

 

 

 

 

 

 

therefor the partyhats get expensiver

 

 

 

because people know the partyhats get expensiver they are happy to pay just a little more then the normal worth because they next day they could sell it with profit and that isnt the case with other items

 

 

 

 

 

 

 

an example:

 

 

 

 

 

 

 

phat cost 480 mil

 

 

 

a person buys 1 for 481 mil because he know the price will raise

 

 

 

the next day he sell for 482 mil so he got a profit and the person that buys it knows he gonna make a profit of it the next day so he is happy and sell it another time for a mil more and that is how they raise and raise

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thats like saying, why are 100 dollar bills worth alot if theyre just paper

 

 

 

Actually, that's not an accurate comparison. 100 dollars bills aren't worth anything by themselves, but the US government and US banks back all paper currency with gold so that they are worth something. The true currency is in the gold and silver.

 

 

 

I suppose it would be similar if you compared it to the fact that there will always be some player that is willing to pay that amount of money for a party hat.

 

 

 

 

 

 

 

And how why does it matter if party hats are just paper? Everything in RS is just made of pixels, and has no relation to real life, so it doesn't matter if it's just paper in real life, because it's entirely different in Runescape. Just like the fact you can eat a shark in one bite, and you can actually catch a shark by fishing fron a dock.

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but why does one cost 23m and one cost 35m :?:

 

 

 

 

 

 

 

 

 

 

 

Blue partyhat 450,000,000gp - 480,000,000gp [!]

 

 

 

Green partyhat 170,000,000gp - 180,000,000gp [!]

 

 

 

Purple partyhat 146,000,000gp - 148,000,000gp [!]

 

 

 

Red partyhat 205,000,000gp - 215,000,000gp [!]

 

 

 

White partyhat 255,000,000gp - 275,000,000gp [!]

 

 

 

Yellow partyhat 160,000,000gp - 170,000,000gp [!]

 

 

 

 

 

 

 

 

 

 

 

thats rediculous i could buy full dragon with the money it costs for blue

 

 

 

 

 

 

 

25.

 

 

 

 

 

 

 

You could buy 25 sets of full dragon equivalent to a blue party hat

 

 

 

 

 

 

 

HOLY SARADOMIN!

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By popular demand, this signature is back- however I currently do not have a blog up at the moment and if I did I wouldn't update it. Sorry, the sig links to nowhere :( .

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The reason y they r so xpensive is: they were a the 1st ever christmas drop waaay bac in Christmas 2002 (correct me if im wrong..pretty sure im right) u cant get anymore (unless from other players)..many ppl with phats just gave up playing over a period of time therefore a decrease in hats, which increases the rariety of them...After 4 years, they r really rare 2 get, as u can c now with the price.

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thats like saying, why are 100 dollar bills worth alot if theyre just paper

 

 

 

i think you will find any money is worthless it is paper, it is what the paper represents. Sometimes people relise who worthless peicies of paper are, for eample in the Russian revoloution where the people were paying for bread with wheelbarows of cash, this happened because the gov. were jus printing loads of piecies of paper (money) and it did not symbolise anything and there were more of them floating about.. which means haveing that piec of paper is not a special thing at all...

 

 

 

same prnciple aplies with the p hats, if we say there were 3000 of them in the game then that number of them is never going to go up, however it can drop with players losing them, which makes then rarer if they get rarer then people will pay more because theres no way of getting the item other than paying the guy for it, now if all the people who owned a hat decided to sell at 5000bilion gp then thats what u have to pay but whoever sells lowest is what peps are prepared to pay, and seeing as theres only bout 300 peps that have a blue p hat then they all decided that its guna cost millions for it, nothing the buyer can do about it if no one is willing to pay less

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