Baakalor

Jun 10 2006, 12:58 AM | Post #16

Unregistered



The tulip prices crashed because it was adults that were doing the buying and selling and they eventually came to their senses. Actually, the prices came down to normal because so many more bulbs came on the market that they no longer were rare.

The opposite is happening with party hats. As time goes on, more and more are lost to the game making the remaining ones even more rare and therefore more desireable. While it is true they have no actual value, they do have a perceived value and that perceived value will just continue to climb.

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crayoneater

Jun 10 2006, 03:02 AM | Post #17

Unregistered



duke freedom sold his rares and rs gp on ebay to pay for his unveristy he made 18,000 us before he got caught is wat i was told by his real life friend then he was banned from rs

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Luckk13

Jun 10 2006, 05:23 AM | Post #18

Unregistered



party hats are a rare item no longer in production, kind of like rare baseball cards or antiques, once its gone its gone

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NickBmxGuy

Jun 10 2006, 09:16 AM | Post #19

Unregistered

QUOTE(Sierrafox @ Jun 9 2006, 05:51 AM)

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

Actually, Duke Freedon had his rares when he was banned.

"At the time of the ban I owned 200 santa hats, 200 pumpkins, 20 mask sets, 1 phat set, 3 half wines, 450mil pure gp and a bunch of other rares. Total value of about ~4bil I think."

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chipmonkey4

Jun 10 2006, 03:11 PM | Post #20

Unregistered

QUOTE(Rooftrellen @ Jun 9 2006, 03:40 PM)

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.

that might be true if phats multiplied like tulip bulbs

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CP Lewis

Jun 10 2006, 04:13 PM | Post #21

Unregistered



Hmm.. To be honest i can see them being bills sooner or later.


EDIT: WOO FOR 200 POSTS AND WOOZY WIZARD!

This post has been edited by CP Lewis: Jun 10 2006, 04:13 PM

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Axis Of Evil

Jun 12 2006, 01:52 AM | Post #22

Unregistered

QUOTE(NickBmxGuy @ Jun 10 2006, 03:16 AM)

Actually, Duke Freedon had his rares when he was banned.

"At the time of the ban I owned 200 santa hats, 200 pumpkins, 20 mask sets, 1 phat set, 3 half wines, 450mil pure gp and a bunch of other rares. Total value of about ~4bil I think."

Meh. I just saw someone who showed me 1755m gp, and 6 p hat sets.

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TheNative

Jun 12 2006, 02:00 AM | Post #23

Unregistered

QUOTE(Axis Of Evil @ Jun 11 2006, 08:52 PM)

Meh. I just saw someone who showed me 1755m gp, and 6 p hat sets.

meh. wheres he live?

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Shredar

Jun 12 2006, 02:29 AM | Post #24

Unregistered



my only chance of gettign a phat is some stupid person dieing with one and im lucky to get then ill prolyl have a heart attack from being so excited get a random event and loose it lol. but ill take those really rare odds.

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FireballX301

Jun 12 2006, 05:22 AM | Post #25

Unregistered



I wonder how much reds are worth.

.

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CP Lewis

Jun 12 2006, 08:16 AM | Post #26

Unregistered

QUOTE(FireballX301 @ Jun 12 2006, 05:22 AM)

I wonder how much reds are worth.

.

160-180 mill i beleive

UPDATE: Blues are now over 300 mill, saw some one buying for 330 mill..

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Shredar

Jun 12 2006, 01:02 PM | Post #27

Unregistered



hmm so r they liek going up 20+mill every other day thats jsut sad....

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FireballX301

Jun 13 2006, 04:33 AM | Post #28

Unregistered

QUOTE(CP Lewis @ Jun 12 2006, 12:16 AM)

160-180 mill i beleive

UPDATE: Blues are now over 300 mill, saw some one buying for 330 mill..

Pff.

And some guy in full dragon made fun of me a few months ago.

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Red_ryaN

Jun 13 2006, 02:35 PM | Post #29

Unregistered



Well they were just really low, yellow went down to like 90m because of construction, and since the construction "fad" is out, everything went back up. Also after the fally incident where duriel123 bug abused and attacked people in fally,he got loads of phat sets and rares and stuff. His account got banned so theres loads that arent in anymore...so yeah him being banned probably screwed over the prices

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Scooby

Jun 13 2006, 11:20 PM | Post #30

Unregistered



Long time ago party hats were all over the place they were everywhere since almost everybody had one of their own...nobody cared to pick it up...now that phats are almost 300million...... lol just to know it wish i had my blue phat back

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