CP Lewis

Jun 9 2006, 11:14 AM | Post #1

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Party Hats have now shot up in price with blue at almost 280 mill now..

I hear the reason for the sudden break in prices is that some staker with ALOT of party hat sets and masks and other rares got banned from the game. Causing them to rise. Please post your opinion on this?

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Dilbert26

Jun 9 2006, 11:24 AM | Post #2

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I also heard this too. Apparently a few chars with lots of rares were banned. Duke Freedom was also banned I heard and he no longer appears on high scores. I head he was selling rs money for rl money.

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mage085

Jun 9 2006, 11:51 AM | Post #3

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and theres one less pumpkin in the world scence i ate mine (lag)

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d3nic

Jun 9 2006, 12:09 PM | Post #4

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Lol, I thought Jagex where trying to lower the P hat prices.

They need to be taken out of the game, they are going to cost a ridiclious amount of GP.

- Denic

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CP Lewis

Jun 9 2006, 12:11 PM | Post #5

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They do not need to do that, if you had a p hat your self, you wouldn't be saying that, if they did that, millions of people would quit.

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d3nic

Jun 9 2006, 12:19 PM | Post #6

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QUOTE(CP Lewis @ Jun 9 2006, 12:11 PM)

They do not need to do that, if you had a p hat your self, you wouldn't be saying that, if they did that, millions of people would quit.

I think people should ge given the amount of GP the p - hat is worth.

And then they should be taken out of the game!

- Denic

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gnomer15

Jun 9 2006, 01:34 PM | Post #7

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QUOTE(CP Lewis @ Jun 9 2006, 07:11 AM)

They do not need to do that, if you had a p hat your self, you wouldn't be saying that, if they did that, millions of people would quit.

Millions?

Hmm..

I highly doubt that, I don't think they should take them out of the game though. It's part of the Runescape economy, they inspire people to make money.

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Sierrafox

Jun 9 2006, 01:51 PM | Post #8

Unregistered

QUOTE(Dilbert26 @ Jun 9 2006, 05:24 AM)

I also heard this too. Apparently a few chars with lots of rares were banned. Duke Freedom was also banned I heard and he no longer appears on high scores. I head he was selling rs money for rl money.

actually Duke Freedom sold most of his rares off on ebay, not his money (at least i didnt hear about any money being sold). and he still had alot of rares if you look on tip.it there is an old post about it. and as for phats i will never be able to afford one and i really dont want one so for all i care take em out

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Shredar

Jun 9 2006, 02:01 PM | Post #9

Unregistered



they shouldnt be taken out their history O.o, but wow thats a lot of gold i rememebr when they were 500k pumkins better not have shot up a lot cuz i still need to get one to go with my egg but 280 mill wow

This post has been edited by Shredar: Jun 9 2006, 02:01 PM

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Twilight Ray

Jun 9 2006, 02:32 PM | Post #10

Unregistered



Rofl. There aren't multiple millions who play RS, and many fewer who actually have a phat. As long as there's alching, there will be enough cash for the phats. If they take out high alch, prices will drop, because the amount of actual cash will plummet. Though they'll never do that, so just leave it be, save up and get your own eventually, don't whine about other people having them.

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Motifsman

Jun 9 2006, 02:56 PM | Post #11

Unregistered



the thing with p hats is back when they came out, people were selling them for 100 gp each. now the smart guys (not me i was on vaction and forgot to get a phat myself) thought that since they will not be dropping the hats, they will buy as many as they can. the prices r now out of control but their real RS value is around 1 gp. I was reading a post on the RSfourms and it said, if u have even the most expensive party hat (blue i guess. maybe white) and a wooden shield on and die, being skulled (or unskulled if u have 4 items and no protect items) you will keep your wooden shield over your party hat because party hats have no real value whatsoever

prices r messed up and they people that actually work there way there....congrats to you

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CP Lewis

Jun 9 2006, 03:44 PM | Post #12

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QUOTE(Twilight Ray @ Jun 9 2006, 02:32 PM)

Rofl. There aren't multiple millions who play RS, and many fewer who actually have a phat. As long as there's alching, there will be enough cash for the phats. If they take out high alch, prices will drop, because the amount of actual cash will plummet. Though they'll never do that, so just leave it be, save up and get your own eventually, don't whine about other people having them.

Figure of speach...


I think they should just leave it, if people want to spend that much money on a bit of coloured paper, let em'

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Axis Of Evil

Jun 9 2006, 04:07 PM | Post #13

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Didn't Cursed_You sell of most of his rares to get 99 construction? I know he had over 200 santas, and a lot of party hats.

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CP Lewis

Jun 9 2006, 04:09 PM | Post #14

Unregistered



He sold hardly any thing.. He had loads as it was, Maybe a few party hats, but nothing much, it did not offect.

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Rooftrellen

Jun 9 2006, 09:40 PM | Post #15

Unregistered



Hisotry lesson!

A few hundred years ago in Turkey, a man bred a tulip that could withstand the harsh winder of the norther countries. This tulip became very popular thoughout Europe, but the site of great economic importance in this was the Netherlands.

Tulips there became very popular very fast, but only the rich could buy them, because they were so rare and expensive. The flowers themselves were cheap...people wanted the durable bulbs. This was all good and well, until speculators and gamblers started to get into the economic happening known as the Tulip Craze.

People bought tulip bulbs for, in present day money, hundreds of thousands of dollars, selling everything for a single bulb, hoping the prices would rise. It did, since people would sell the bulbs for more than they bought them for, and people were always willing to buy, thinking the price would further increase.

For unexplained reasons, the prices of tulips dropped to less than 1% of what they had been over the course of a month. They question why...no one really knows, but what we do know from this, and what RS players can learn from this, no economy can sustain high prices for rare, worthless items.

Phats are but a tulip craze. I'm not saying the prices will crash tomorrow...even in the next year. Tulip prices stayed high for more than 40 years before crashing. Me, personally, though, I won't buy one. My cash in my bank is my best bet. No reason to gamble on something that has prices that change as much, or are manipulated as much, as phats.

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