Ascending prices of rares

Please do not spam or flame. If this topic dies or gets locked, then the noobs have won! This is meant to be a discussion topic.

As time goes by, the prices of all rares continues to escalade. Their value sometimes gets a boost when their number decreases (players quitting, accidental high alching, etc...)

The last time I checked, a christmas cracker was worth 900mill.

A time will come when the price of rares is so overwhelming that the entire rares market will probably come crashing down. What do you think will happen and what are your thoughts on the whole subject?

Well, I agree it will definately become difficult to find rares but that is why they are rare and not things you just find on the ground.

- Last time I checked crackers are more around ~700-750mil.

- Rares have been going sideways / downwards for quite a while by now.

- There will be no time that their price "suddenly" becomes so overwhelming that they crash, that just doesn't make sense at all.

I feel like buying every single rare in the game, then High Alching them to get rid of the Gold wasting.

Its usually only an Item with no use, or just a silly hat -.-

i think the wont come crashing down.. even though they are decesing.. the wont reach the lvl of too much money becuase the amount of money coming into this game is cazy!

Unfortunately, they will most likely crash down. Obviously not to like extremely cheap, but to more of the prices we see today.

This is because, due to them eventually being so expensive, no one will be able to buy them (This is about the party hats mostly because they're the rarest next to christmas crackers.) So thus the people who are selling them will have to lower the price, also, because if their prices rise, they will eventually hit the max amount of gp a person can even own. And knowing how some people are, they prefer cash over items because they don't want to spend more time selling those items.

As I said before, the prices won't crash to inexpensive, but they will drop down once they get too high, to a more reasonable price, well... Not reasonable, but more like prices people can manage to get to more easily so the item actually can be bought.

i think the wont come crashing down.. even though they are decesing.. the wont reach the lvl of too much money becuase the amount of money coming into this game is cazy!

Is your keyboard broken!? :evil: Spell things correct, for the sake of the world. BAN INCORRECT SPELLING AND GRAMMAR PLEASE! :anxious:

Back onto topic, Its true, although 30% I can't understand...

But JAGeX will have to put the amount of Gold up to atleast 999 Billion in an estimated 6 Years? :

at the moment demand is greater than supply for rares = they will rise (however slowly that may be).

Soon they will find the equilibrium where demand = supply and the prices should stay very close to that equilibrium

The market could do 3 things

1) The growing feeling among new players that rares are pointless. Could mean the rares market crashes to insanely low. As in a phat costing like 300k

2) Rares popularity could be sustained and prices continue to rise and supply decrease. But eventually all rares will land to players who are not merchants and do not wish to sell them on. The market in this case will just cease to exsist

3) Rares hit such a high people cannot buy them and prices will crash bk down to small mils, before beginning to grow again

So thus the people who are selling them will have to lower the price, also, because if their prices rise, they will eventually hit the max amount of gp a person can even own.

What's the most GP someone can own? Isn't it around 2 billion? When someone reaches that limit what happens to any new GP they obtain? Does it start to go into a new pile like the old 65,535 limit, or does it just cease to exist?

So thus the people who are selling them will have to lower the price, also, because if their prices rise, they will eventually hit the max amount of gp a person can even own.

 

 

 

What's the most GP someone can own? Isn't it around 2 billion? When someone reaches that limit what happens to any new GP they obtain? Does it start to go into a new pile like the old 65,535 limit, or does it just cease to exist?

The system rs is coded on can only store whatever up to a certian number, whihc is something like 2,465,989,305

When u hit that amount in any items eg GP it jsut cannot store any more so it jsut does not exsist.

In theory u can have double the money limit thou as ur inventory and bnak r 2 sperate storage areas

I feel like buying every single rare in the game, then High Alching them to get rid of the Gold wasting.

 

 

 

Its usually only an Item with no use, or just a silly hat -.-

half wines, eggs, and pumpkins heal your hp theres a use

So thus the people who are selling them will have to lower the price, also, because if their prices rise, they will eventually hit the max amount of gp a person can even own.

 

 

 

What's the most GP someone can own? Isn't it around 2 billion? When someone reaches that limit what happens to any new GP they obtain? Does it start to go into a new pile like the old 65,535 limit, or does it just cease to exist?

 

 

 

The system rs is coded on can only store whatever up to a certian number, whihc is something like 2,465,989,305

 

 

 

When u hit that amount in any items eg GP it jsut cannot store any more so it jsut does not exsist.

 

 

 

In theory u can have double the money limit thou as ur inventory and bnak r 2 sperate storage areas

its 2^31 -1 thats: 2.147.483.648 aprox. 2100mil...

whewn you try to take another gp from the bank or get traded another 1, you just cant... message unknown...

So thus the people who are selling them will have to lower the price, also, because if their prices rise, they will eventually hit the max amount of gp a person can even own.

 

 

 

What's the most GP someone can own? Isn't it around 2 billion? When someone reaches that limit what happens to any new GP they obtain? Does it start to go into a new pile like the old 65,535 limit, or does it just cease to exist?

 

 

 

The system rs is coded on can only store whatever up to a certian number, whihc is something like 2,465,989,305

 

 

 

When u hit that amount in any items eg GP it jsut cannot store any more so it jsut does not exsist.

 

 

 

In theory u can have double the money limit thou as ur inventory and bnak r 2 sperate storage areas

Maybe I'm remembering wrong, but a while back when 65,535 was the maximum for any item, I think a new pile of that item would be started if you reached 65,535. So, if you had 100,000 gp in the bank, you would see a pile of 65,535 and another pile of 34,465. Can anyone else confirm if that was how it worked? If that's the case, I'm just wondering why it doesn't work the same with with this newer 2,465,989,305 limit.

Java has to be coded into a certain bit or byte frame

The 2bil odd is the upper limit of the bit/byte frame rs is coded in.

How it works each instance of an object in 1 storage file is 1 bit/byte

It is impossible to have to stacks of the same item id code as it can only store 1 digit set per id.

Therefore when u money hits 2bil odd in the bank it cannot store anymore

Same applies for invent

You can however have 1 stack of 2bil odd in each as inventory and bank are stored in different files

Oh well, it's not like I'll ever reach that limit, so I'm probably stressing out over nothing. :

i hope there is a rares crash e.g. some doublecates a cracker 10k times

at the moment demand is greater than supply for rares = they will rise (however slowly that may be).

 

 

 

Soon they will find the equilibrium where demand = supply and the prices should stay very close to that equilibrium

That will never happen - unless the majority of community totally loses it's interest in discontinued items.

The fact is, to reach the equilibrium, the two must come closer together. The fact is, it won't happen until prices reach for the items to cost 2.147 billion. Demand always increases, as in new players come in the game. While supply is constant, and even decreases, due to all the ways for the items to dissapear (durial321 massacre, anyone?). Therefore, the price will never stop to grow untill it hits the natural limit. After that, the prices will be like "Selling cracker 2.1b + 100xfull guth", or something like that.

Rares will always go up. You'd better get used to it.

ive kept looking rare prices 2-3 years or so...usually they had doubled prices in half year but in past half year they havent gone much up or down.

i noticed that when i calculated my rares total value in every half year...usually it was doubled but now it has stayed about same what it was half year ago...or maybe even went down.

Rares will always go up. You'd better get used to it.

Yes, but sometimes they also goes down. For example the easter eggs have become alot cheaper, from 9M to 7,7M.

But rares prices goes up the majority of the time.

What happens when the christmas crackers price pass the maximum amount of gp in the game?

I don't know...

one of the major things that people misunderstand is that they think that the value of an item is determined by it's stats. That is not true stats are only one of the many factors which INFLUENCES demand. Popularity is another factor

Rares will always go up. You'd better get used to it.

 

 

 

Yes, but sometimes they also goes down. For example the easter eggs have become alot cheaper, from 9M to 7,7M.

 

But rares prices goes up the majority of the time.

 

 

 

What happens when the christmas crackers price pass the maximum amount of gp in the game?

 

 

 

I don't know...

Barter

The market could do 3 things

 

 

 

1) The growing feeling among new players that rares are pointless. Could mean the rares market crashes to insanely low. As in a phat costing like 300k

 

 

 

2) Rares popularity could be sustained and prices continue to rise and supply decrease. But eventually all rares will land to players who are not merchants and do not wish to sell them on. The market in this case will just cease to exsist

 

 

 

3) Rares hit such a high people cannot buy them and prices will crash bk down to small mils, before beginning to grow again

Although they are some good thought out points I believe that they won't eventuate.

1) There will always be players around wanting these items as investments, and the demand won't cease to exist especially as there are so many merchants in the game now.

2) This is the most probably I believe out of the 3. Although their is always going to be those who will sell, considering that they would of payed into the hundreds of millions to buy phats and their will always be those using them as an investment to get a better headstart in raising skills buying better armour etc.

3) With so much money going into the game this will never occur. There will always be those out there with the amount of money to afford rares or else the rares wouldn't raise to the "high price" in the first place that you were writing about.

I believe that rares will gradually increase unless there is moments in the game which cause the price to rise (such as mass bans on Autoers etc. which we've seen in the past) which has drastically raised rare prices in a short period of time. If not the rares I believe would continue to rise at a steady rate until the eventual "end" of Runescape as there is always going to be continued amounts of money going into the game which will naturally, be part reason, for rares gaining in price steadily over long periods of time.

What happens when the christmas crackers price pass the maximum amount of gp in the game?

Unless Jagex raises this cap which would one would assume, people would pay with items plus cash. Such as a phat or two + gp.

but if any one remembers like 6 years ago the pink p hat was worth the most..and now i think it's the cheapest...they go in spurts for awhile the green was and now blue is the popular one...

The economy of rs is such, supply and demand blah blah blah...hm why are christmas crackers so expensive? Probably because rumor of different colored phats? They won't go down its logically not going to happen. There are no more rares...which means they will only get more rare/expensive.

That's at least what I believe.