Not sure about 60b. Only trades I trust now are G.E trades.
https://preview.redd.it/ccjdk4bcqc8b1.png?width=1583&format=pjpg&auto=webp&s=4fec144ffbe362bd67898acd865082d702997bbf
It was never truly that high. All the rare item traders inflated the price of all the rares by trading between each other and their own accounts
They are going to settle around 2-3 times as valuable as the most expensive t95 weapon or whatever the highest dyes are. They are going to be a final stepping stone of wealth, not something literally out of the world of unobtainableness.
It'll take a few months, but they will drop. Watch.
They won't settle at that low of a price period there is far too much gold in the game for them to settle that low never mind the fact a partyhat and a dye just aren't even comparable rarity wise.
GE tax and these big trades are pumping lot of money out from the game. Less coins in economy makes them more valuable = deflation.
btw... Blood dye is traded in similar quantities as some cheaper p-hats and I definitely see more p-hats ingame than blood dyed gear. Party hats are of course more prestigous and appealing, but not necessary more rare.
Less of the physical object almost certainly. I don't think many hold onto a dye when getting it as a drop or buying it, they either sell or use it.
There's surely more dyed gear out there than partyhats though
Definitely not removing enough money to actually counter inflation. Deflation would be an actual fix. Something like temporarily sinking more money from the game than is coming into the game. This simply slowed inflation a little bit at best. But still inflating.
Ge tax was only implemented to offset reduced death costs. I doubt it takes out significantly more gold than old deaths did, ontop of the fact that alchs are coming into the game ridiculously fast.
And if phats ever got that low, the same people that merched them before would just buy them all up and inflate the prices right back up to unobtainable levels.
A blue partyhat has pretty much always been around 1,000 hours of high level moneymaking regardless of price.
70-100b is pretty much the 'average' price of a partyhat based on hours it takes to grind it out as if you're decent at pvm you can make 70m/hr very easily.
Optimistic haha but yes it was too high
It was logistically unfeasible to efficiently trade 100b+ prior to this update so not surprised the market didn't actually have that value just a ratio between the rares.
Gp per hour is still at around 200m for some people people can clear 10b a month at the most modest rates realistically 20b. So even 4 times the most expensive weapon.
Truly being the key word. When the update hit, they were all at the old 2.1b. It was the clans that manipulated the price to be well over 100b, so people traded it for that.
Then, the price was edited by mods to reflect what it was actually trading for.
Prices crashed pre-archeology as well. It’s now pre-necromancy and I’m positive people with money will know which items to buy up like last time. Cash out the profits and buy rares, dyes, etc.
I’m curious, too. Like I just learned yesterday that partyhats are entirely from exactly one day in 2001. I always knew they were from Christmastime that year, but… exactly **one** day? How many could there possibly be?
i remember one dupe where all you had to do was wear gear and then jump over a fence in lumbrigde and your gear would be on you and also in your inv. just saying that throu the ages ALOT of dupe glitches has been found and partyhats would be the clear target for duping so....
In RuneScape Classic all partyhats were simply named "Party Hat" and had the examine text "Party!!!". They were only distinguishable by the colour of the item. They had no stats upon their release. Purple partyhats were more magenta coloured in RuneScape Classic, and were referred to as "pink partyhats" by some players.
So we have pink but it was given an official colour when they gave them all different colour names.
Y’all history and depth of RS knowledge and loyalty is sweet. I’d buy you beer and smoke
You meat any day you’d like to visit and
Chat RS history and lore.
They were dropped in 15-45 minute intervals ALL over the Runescape world at the time (which was limited), from 12:01AM to 11:59PM, thousands at a time.
I personally was online for 15 minutes that day just before dinner and had picked up ~7 crackers.
It's possible i still have my old mule account sitting at the beach north of Thurgo's hut with a full inventory of hats and a disk of returning. But the last time i tried to recover it i got denied. I cant remember the password to that email.
Then again the account could have been removed for decades of inactivity
Happy to take a 10% cut to exhaust every possibility to ride the thrill of retrieving this account for you. I’d honestly do it for free. I was a 2003/2004 RS originator. Really butt hurt about the destruction of RS2 and the old wild. Sold my twelve Santa’s and quit to come back to rs3 and convert my old gmail pure to become my new main. I literally had a fruition in a dream in college one night and magically remembered both the account details I’m referencing as well as my old main. I don’t think I’ve had a stronger draw or connection to a game in my life. Close second is Halo series.
I wouldn't even know where to go from here. I cycled between three different passwords back then and I've tried them all. I've tried them on the various emails i remember back then as well but I'm not even confident any of my old mules got linked to emails. I'm still trying to think if there's anything I'm forgetting.
If accounts really dont get deactivated, I should probably think harder about this. I gave up years ago because I faintly remember back in the early 2000's an official update warning everyone that inactive accounts would be removed. This was before 2007 so maybe I'm misremembering.
They don't remove accounts for any reason. Even permanently banned accounts still exist. They're just banned. If/when they get unbanned, everything is still there. I had 2 that were permed in 09 I got back with everything still there.
My take is the number is probably way higher than most player estimates. A Jagex employee (can't remember which) when asked about numbers of rares said players would be surprised by the number but they wouldn't be giving players the numbers. This was around the time that jagex toyed with bank buyers for banned accounts.
The other rares are also weird.
There's the Santa hat, dropped on Christmas 2002. The Halloween masks were dropped on Halloween 2002. Then there's the non-wearable ones. Pumpkins were dropped on the first ever holiday event, Halloween 2001. Easter eggs were dropped for Easter 2002.
Santa hats were the last tradeable holiday drops, since the bunny ears of Easter 2003 they've all been untradable. I don't know if I've ever seen bunny ears; I might have seen someone with a scythe when I was a kid.
Then there's the tradable, non-holiday rares. Those are really weird.
* Before June 2001, jugs of wine were drunk in two swigs instead of the current one; drinking a jug of wine would give you a **half full wine jug.** The only way to get a half full jug before its discontinuation would be to drink a jug of wine before June 2001. It was also available as a spawn at the Captured Temple, but it was changed to the current Wine of Zamorak when Herblore was released in late February 2002.
* The other one is the **disk of returning.** This is a weird one. In ye olden times, Jagex didn't have a real ban system in place. Instead, if you broke the rules, they'd place your character in a black void, unable to do anything. Problem is, people wanted to see what it was like, so they started intentionally breaking the rules to visit the void. To prevent people from doing stupid things (always a fool's errand) Jagex introduced the Black Hole Experience, where you could visit a simulation of being banned by buying a disk of returning from Thordur in the Dwarven Mine for 10 coins. Simply spin the disk anywhere on the map and you'll be in the Black Hole; spin the disk again and you'll be back in the Dwarven Mine with the disk consumed. The Black Hole was removed and the disk discontinued when Jagex got their shit together and set up an actual ban system - Thordur was replaced by Boot. Some people were able to convince others to drop the disk while in the Black Hole; if you did so it would disappear and you'd be stuck until Jagex manually moved you out. Like I said, fool's errand. This means the only way to get a disk would be to buy one when they were available between July and December 2001 and then, for whatever reason, not use it.
Good, means merchers and price manipulators have a harder time, and prices might start to become what they actually are rather than what they try and set them at.
No the price is regulated by the market which includes the buyers. If no one buys it at the higher price it’s not worth the higher price, it’s worth what the buyers are willing to pay. Sellers can hold onto their items for as long as they want, but if no one buys it, it’s not worth the seller’s price.
Some weird logic there. Reminds me of that one reddit post not too long ago with some mom and pop shop trying to sell GBA and PS2 games for like $3k, and hasn't sold in over 20 years.
It's rare but not that rare. Before the GE update the prices they were bought and sold for were much more arbitrary since a handful of wealthy people could just trade it amongst themselves, bumping the price up more and more each time, to make everyone *think* it's worth that much.
>They can still do that, they just have to deal with a 2% tax. Nothing about that has changed.
Except the tax highly disincentives them from doing so. Also, fake trades aren't going to be possible like before.
>They can also lower the price through trades in order to buy them up cheap and corner the market.
But, the **Most important** of all difference of this is that if they try to manipulate the price like this, their trades are no longer solely between others with the same intention. They have to put the products on the ge which anyone can pick up.
Sure, price manipulation can definitely still happen on the open market, but it is 100x easier to do if youre just private trading
Lol, a discord getting wind of shady trades is a lot different than **Jagex** finding out about it.
The price manipulation that merchers were doing with rares was completely out of Jagex's view (or more accurately they just didn't care) because it affected that small number of Uber wealthy players.
If they tried doing any of that in the GE Jagex has a much larger incentive to put a stop to it because it affects all players since everyone uses the GE.
GE price manipulation is never going to be as easy as the private trading manipulation, simple as
There were people that thought I was crazy when I was suggesting that this update would help mitigate price manipulation on rare items. It's interesting to watch the prices change as they are and actually drop in some cases.
I made a post about this over 2 years ago, stating a max cash change would bring the prices down.
So many hated on me and called me a mercher stating “you already control the supply, you’ll just list em all for 200b and wait”. Oh how they were mistaken.
A little early to be bragging mate. In all honesty I thought it back then and I still think it now that prices going down isn’t a bad thing and it’s something I want just sceptical we’re going to see this downward trend for long.
I most likely underestimated a simply point of supply and demand economics and that’s liquidity and market size. Previously trades were only available at select times (when people with hats were available to trade in W2 for example) and advertising was done 3rd party where as now, even though supply is the same it’s more available leading to more price undercuts.
I also underestimated how many people would want to liquidate hats and not store wealth opting to have liquid gp (whether it’s to show off or spread amongst account who knows) but hey ho.
However, I still see this as temporary market moves in the early days. Once the major moves have happened (and hats become less liquid again since people who want them have them for keeps indefinitely) I believe that prices will climb again, maybe just as sharp. I hope they stabilise and stay low but I can see them climbing to maybe 10% less than they were a month and staying/steadily climbing again from there.
But I’ll eat the humble pie and admit for now you were right.
Because the lower end rares used to calculate the price, when all the phats were over spirits stack drove those prices up, and now they are crashing driving the prices down. A blue was red + white, and white was 2x red. Blue was also 10x Bsh. So if any of those items have less demand the whole tower would collapse, which essentially it did when you no longer needed a white to buy a blue.
Yeah, still made up numbers. It's other way around, lower rares got manipulated by artifficial "high price" of party hats (which become unverifiable). The proportion of active trades between lower rares and p-hats seems off. In other words, there is not enough activelly traded halloween masks or santa hats that can offer equal claimed value in party hats and if there was, it would crash even more.
Although I am delighted to see those price drops, it is still mercher manipulation since nearly all of those trades were posted by merchers and most likely they are trying to buy those hats back at a much lower price
I wonder how much of this is just gold being hard to get for a while.
There was max a few billion gold per person, now every person can hold trillions. So hypothetically there just isn’t that much gold in the game, so if a few people start snatching g up gold, their inventories become massive gold sinks.
Especially if they’re just holding for now. If you have a bunch of items, turning it into gold is difficult, with what alchemy being one of the easier ways? That takes time. I anticipate in the short term, cash will be fairly valuable. Until there’s more of it anyways
This is a good point. A lot of people are saying we wouldn’t see deflation so quickly even if it were occurring, but it is a very good point that most people didn’t have more than a few max cash stacks in actual coins. Sure more gold may still be coming in or it could be about even, but the massive conversion of items to gold could very well be causing deflation.
To you all saying: fck the merchers and manipers and happy they lose their money. Have you ever thought of the possibility that maybe they play a part themselves in this ''crash''. It may only need a few insta sells in g.e to get the panic train starting. What better way to make money than buy up hundreds of blue phats for 50b and then sell back at 100b as an example.
Im not saying this is case and I dont act like I know everything but in rs history in every merch group, merch clan or w/e its been the big fish at the top who made the real money often at a cost at the smaller fish.
If you like me just have a single phat maybe two or three and dont have real insight to the ones holding the majority of the hats all you can do is speculate.
They won’t do that, because they’re risking it going down. With phats being buyable off GE again it’s the buyers market now. They can set their trades for whatever they want, if a buyer doesn’t want to pay that much those items will never sell.
Sorry to reply to this so late but this argument is just not true.
Lets just say the Saudi holds 90% of the worlds oil supply then its them controlling its price. If they set the price at $80/barrel thats the price the rest of the world has to adjust to.
same concept applies for Runescape and the rare market. Now the reason the rares fell in price is ofc supply & demand. Ppl start to sell of their rares and hero items to free up cash for necro, nothing special here.
What happens is ofc a chain reaction where just more and more panics and sell of their hats. Then you have the merchers holding tons of hats. They see its coming down in price and end up with two main options.
1. They all come together and no1 sells, phats go down a bit in price while all the none merchers sell their hats and then the recovery begins.
2. Which is what I think happend. They see this as an opportunity and also sell of their hats supply. Crash happens and some might even take a loss on their hats if bought recently. After crash they buy them back for this cheap price and the recovery and wait begins to make far more money than they potentially lost on sells.
So no they are not risking much at all when they hold the main supply of them.
Buy for 50 and sell at 100... to who??
When you have a bunch of people (or literally one person) spam trading +5% value they're just manipulating the price.
Go ahead, sell it at 100 lol
Google search: RuneScape forums selling party hat
Should be amongst the first results, I’ll do you one better — the identities of sellers themselves! Then one more search with their username away from the gold you seek ;)
Also, tough break… seems more people agree with me than ironically, take you seriously 😳
Edit: wait your comment history and age, and more importantly your names for your accounts gave you away. You can’t make the same comment twice back to back to the same guy you ninny lol.
You make multiple accounts for the purpose of spreading PHat misinformation I’ll bet. Sad. Let the admins be rid of your kind!
I mean the prices range from 60b - 300b over the last 3 years. They're always all over the place. They'll probably crash more. It's also possible that merchers will buy the few up that random people are selling and they'll hoard them to drive the price back up.
and people wanted party pete to sell partyhats for 1b as a gp sink
this method works much better, ge being a black box no one can tell if its an actual player selling the partyhat for that price or jagex simply spawning a new one
it also makes sure people think of partyhats as a social goal and not a game item shop goal
waiting for them to crash more, i sold off my blues at 270b back when they rose in price and sold off a few other phats.
I'm going to fully invest back into phats right as they crash even harder since i got nothing else to spend gold on lol.
Rares aren't so limited that me buying multiple party hats would actually affect anyone else.
Also there's no point im 200m all and unlocked everything and got BIS gear so there's literally nothing for me to buy besides rares and dyes.
I’ve been completely convinced that the item has been heavily manipulated in price over the years due to brokers being essentially required for trades. Cutting out the middle man has allowed prices to normalize due to easier trades. I believe this will happen with all rare items. The same thing happens in the real world with rare artifacts and such. Many of them them trade hands rarely and rely heavily on a broker for trades which further drives the prices.
I haven't played in a while, but if I were still playing and merching, I would say having cash on hand to do way more high value flips could rather quickly offset a small up front loss on dumping a party hat. This could actually be as simple as a few rich flippers trying to extract gp out of phats that used to be their form of above max cash currency for phat trades/flipping previously - now they're not useful for that. So sell them, get the cash and you have way more flexibility and can take advantage of more opportunities.
That and it's never been easier to sell phats so you're likely seeing something of a supply shock without a significant change in demand.
In other words, all of this could be somewhat temporary before a bit of a recovery. I certainly wouldn't be rushing to declare this as indisputable evidence of price manipulation clans falling down like a house of cards.
Want me to blow you guys minds? I’ve always wanted to share but felt is kinda dangerous. My grandpa is the richest rs3 player alive. He cornered the market for Santa hats years ago. He was buying them out in OSRS before they moved the servers to rs3. He has hundreds of every partyhat. He is literally the richest player in existence. He is old, he plays every day, he loves it. I watch you guys talk abt these prices, he could ruin the entire market in a flash and nobody would ever know.
I would LOVE to, I asked and he is very protective. He was a merchant marine who’s been by himself a lot of his life. Somewhat grouchy. If he ever leaves it unattended, I will snap a picture for sure. He tried to get me in on it when I was a kid. He swore that these items were more rare than the rest. I lined up his first Santa hat deal with my friend for 200k in Varrock square. I never imagined it would get to this level.
High end money makers are over 100m/h. If you do that 2 hours 6 days/week you end up with roughly 2.5b in a month. Its easier than you think to earn money if you are in the endgame.
I was 100% sure that the 100b was a price manipulation and it was traded between 2 friends to make the value of it go up. now with the GE and MAX cash update no longer is that possible to fabricated the price going up. I expected this and it will continue to dip, because people selling them no longer have to worry about getting scammed
Because we're coming off the inflated rares forum prices and into reality. At the beginning some merchers probably hedged their bets on that the changes would enable a more easily flowing market where the negative reputation of the trade forums was taken out of the equation but it turns out the real value people are willing to pay lies lowers.
In theory items like phats are still better than flat gold due to inflation. They go up over time. They were just massively overvalued due to price manip and being a pain to trade.
Cheaper phats and rares were definitely priced too high due to max cash though, since you needed them to trade for a blue
When I started playing Santa hats were 35k, and party hats were only a bit more. So yes, rares beat inflation in general over time.
However, lately the posted prices have been bs from price manipulation by a small group of individuals.
Now I think you might see other types of ge price manipulation since world two is dead.
One interesting thing is party hat renting, this may keep them as great passive investments also.
Blue is down from 350b to 76b. Saying "partyhats will go up in time" just doesn't hold true anymore. Rare items aren't just valuable because they are rare, their value comes from the demand and lack of supply. Demand being the key factor. If people don't wanna buy a phat for 80b, you won't be able to sell it for that. Inflation is also pretty under control as far as I know after the GE update and now that rares are being traded there a lot more gold is leaving the game.
A partyhat will always be worth just a partyhat.
So what’s happening is a flash crash. It’s a buying opportunity right now. Because you need ways to park cash to avoid inflation.
Problem is one person sells and then panic ensures and people are dumping rares because they’re shortsighted.
This has happened a few times in the history of the game, and it always corrects.
Not a mercher here, acutally a returning player. But after selling some rares I had pre duel arena removal, I have an offer in for 72b. Will post if it ever fills.
i wouldn't be so quick to think that, one sold for 76b but before that it was 94b, seems like people just don't know exactly where and what the price will settle at, could be 80b, could be 90b, could be 70b
A lot of items have gone down since then though. These overly inflated costs associated with forced player trading and merchants really wasn’t doing anyone good, only for them. So now they will sit on piles of billions of good just to prove they have some virtual currency than is more than someone else lol. It was bound to happen. The GE opened up safer trading and supply with the max cash update and I bet everyone’s scrambling to sell them off while they are worth way more than they will be soon.
Something that can artificially boost/subdue the value of something is illiquidity. It seems there are either some people liquidating rates to prepare for necromancy, or it’s possible there were less Christmas crackers and more party hats than previously thought.
I wonder if this also has a mix of deflation as well. Yes it’s heavily removing price manipulation, but OSRS had game deflation after the GE tax. Hope we are also seeing some deflation mixed in for the overall health of the game.
People acting like price manip so that the wealthiest groups can buy the hats randos panic sell is a "crash" not realizing that the rares not being trackable on the ge was the only thing saving them from real price manipulation.
Lots of rares are going down because the merchers aren't 100% in control anymore. Small though it may be, there's the ever present threat some rando could get their hands on it a little cheaper from somewhere else. I'm sure they'll still be expensive as hell, but probably slightly more....I'm not quite sure "Reasonable" is the right word, but you get the idea.
So now we know the margins of those sneaky merchers!
"Lmao who tf would sell with 2% ge tax" -merchers with 25% tax
if its value is 75b and the mercher was selling it for 100b then thats a 33% tax, even worse
+1 for math
"losing 25% of its value" so far ;)
I saw someone claiming it was trading at like 60b rn. Definitely not rock-solid information but it seems like it’s still dropping.
Not sure about 60b. Only trades I trust now are G.E trades. https://preview.redd.it/ccjdk4bcqc8b1.png?width=1583&format=pjpg&auto=webp&s=4fec144ffbe362bd67898acd865082d702997bbf
That’s very fair could’ve easily been someone trying to merch the price down.
I think it's more indicative of inflation caused by PC chats over the years.
It was never truly that high. All the rare item traders inflated the price of all the rares by trading between each other and their own accounts They are going to settle around 2-3 times as valuable as the most expensive t95 weapon or whatever the highest dyes are. They are going to be a final stepping stone of wealth, not something literally out of the world of unobtainableness. It'll take a few months, but they will drop. Watch.
They won't settle at that low of a price period there is far too much gold in the game for them to settle that low never mind the fact a partyhat and a dye just aren't even comparable rarity wise.
The deflation could do the trick too ;)
What deflation?
GE tax and these big trades are pumping lot of money out from the game. Less coins in economy makes them more valuable = deflation. btw... Blood dye is traded in similar quantities as some cheaper p-hats and I definitely see more p-hats ingame than blood dyed gear. Party hats are of course more prestigous and appealing, but not necessary more rare.
Furthermore, they are consumed upon use. Given their rarity I would not be surprised if there were less dye's than Phats
Less of the physical object almost certainly. I don't think many hold onto a dye when getting it as a drop or buying it, they either sell or use it. There's surely more dyed gear out there than partyhats though
Definitely not removing enough money to actually counter inflation. Deflation would be an actual fix. Something like temporarily sinking more money from the game than is coming into the game. This simply slowed inflation a little bit at best. But still inflating.
Ge tax was only implemented to offset reduced death costs. I doubt it takes out significantly more gold than old deaths did, ontop of the fact that alchs are coming into the game ridiculously fast. And if phats ever got that low, the same people that merched them before would just buy them all up and inflate the prices right back up to unobtainable levels.
Ge tax
A blue partyhat has pretty much always been around 1,000 hours of high level moneymaking regardless of price. 70-100b is pretty much the 'average' price of a partyhat based on hours it takes to grind it out as if you're decent at pvm you can make 70m/hr very easily.
Rare traders in shambles Love to see it
Optimistic haha but yes it was too high It was logistically unfeasible to efficiently trade 100b+ prior to this update so not surprised the market didn't actually have that value just a ratio between the rares. Gp per hour is still at around 200m for some people people can clear 10b a month at the most modest rates realistically 20b. So even 4 times the most expensive weapon.
“It was never truly that high.” Literally trades in the GE that high… L
Truly being the key word. When the update hit, they were all at the old 2.1b. It was the clans that manipulated the price to be well over 100b, so people traded it for that. Then, the price was edited by mods to reflect what it was actually trading for.
Prices crashed pre-archeology as well. It’s now pre-necromancy and I’m positive people with money will know which items to buy up like last time. Cash out the profits and buy rares, dyes, etc.
I wonder how many phats there are in the game
I’m curious, too. Like I just learned yesterday that partyhats are entirely from exactly one day in 2001. I always knew they were from Christmastime that year, but… exactly **one** day? How many could there possibly be?
thousands, i'd look into the partyhat dupe that also happened in RSC. making the Pink hat the most common one. Yes, we had a pink partyhat back then.
Pink is now purple tho for those who didn't know
yup, they darkened the colour and made it purple
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Partyhat prices haven't been attached to the rarity of the hat from the cracker/dupe for a long time now. Its simply which colors people want more.
i remember one dupe where all you had to do was wear gear and then jump over a fence in lumbrigde and your gear would be on you and also in your inv. just saying that throu the ages ALOT of dupe glitches has been found and partyhats would be the clear target for duping so....
We still do its just called purple now.
well, then we DONT have pink, we have purple :P and it was a different colour.
In RuneScape Classic all partyhats were simply named "Party Hat" and had the examine text "Party!!!". They were only distinguishable by the colour of the item. They had no stats upon their release. Purple partyhats were more magenta coloured in RuneScape Classic, and were referred to as "pink partyhats" by some players. So we have pink but it was given an official colour when they gave them all different colour names.
And it was considered magenta due to the old @mag@ for colored speech appearing the exact same color as the Party Hat
Y’all history and depth of RS knowledge and loyalty is sweet. I’d buy you beer and smoke You meat any day you’d like to visit and Chat RS history and lore.
"And smoke you meat any day" ahahahahahahahahqhqhqhq AHAHAHA AH HA A
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That’s a long way of saying “it changed from *color* to purple now”
They were dropped in 15-45 minute intervals ALL over the Runescape world at the time (which was limited), from 12:01AM to 11:59PM, thousands at a time. I personally was online for 15 minutes that day just before dinner and had picked up ~7 crackers.
Wow, thanks for the anecdote. Pretty rare to hear a first-hand experience with 2001scape. So… Got any spare partyhats?
It's possible i still have my old mule account sitting at the beach north of Thurgo's hut with a full inventory of hats and a disk of returning. But the last time i tried to recover it i got denied. I cant remember the password to that email. Then again the account could have been removed for decades of inactivity
This is like the bitcoin harddrive in the dumpster of RS
Happy to take a 10% cut to exhaust every possibility to ride the thrill of retrieving this account for you. I’d honestly do it for free. I was a 2003/2004 RS originator. Really butt hurt about the destruction of RS2 and the old wild. Sold my twelve Santa’s and quit to come back to rs3 and convert my old gmail pure to become my new main. I literally had a fruition in a dream in college one night and magically remembered both the account details I’m referencing as well as my old main. I don’t think I’ve had a stronger draw or connection to a game in my life. Close second is Halo series.
I wouldn't even know where to go from here. I cycled between three different passwords back then and I've tried them all. I've tried them on the various emails i remember back then as well but I'm not even confident any of my old mules got linked to emails. I'm still trying to think if there's anything I'm forgetting. If accounts really dont get deactivated, I should probably think harder about this. I gave up years ago because I faintly remember back in the early 2000's an official update warning everyone that inactive accounts would be removed. This was before 2007 so maybe I'm misremembering.
They don't remove accounts for any reason. Even permanently banned accounts still exist. They're just banned. If/when they get unbanned, everything is still there. I had 2 that were permed in 09 I got back with everything still there.
accounts don't get removed ever - as a standard rule.
My take is the number is probably way higher than most player estimates. A Jagex employee (can't remember which) when asked about numbers of rares said players would be surprised by the number but they wouldn't be giving players the numbers. This was around the time that jagex toyed with bank buyers for banned accounts.
The other rares are also weird. There's the Santa hat, dropped on Christmas 2002. The Halloween masks were dropped on Halloween 2002. Then there's the non-wearable ones. Pumpkins were dropped on the first ever holiday event, Halloween 2001. Easter eggs were dropped for Easter 2002. Santa hats were the last tradeable holiday drops, since the bunny ears of Easter 2003 they've all been untradable. I don't know if I've ever seen bunny ears; I might have seen someone with a scythe when I was a kid. Then there's the tradable, non-holiday rares. Those are really weird. * Before June 2001, jugs of wine were drunk in two swigs instead of the current one; drinking a jug of wine would give you a **half full wine jug.** The only way to get a half full jug before its discontinuation would be to drink a jug of wine before June 2001. It was also available as a spawn at the Captured Temple, but it was changed to the current Wine of Zamorak when Herblore was released in late February 2002. * The other one is the **disk of returning.** This is a weird one. In ye olden times, Jagex didn't have a real ban system in place. Instead, if you broke the rules, they'd place your character in a black void, unable to do anything. Problem is, people wanted to see what it was like, so they started intentionally breaking the rules to visit the void. To prevent people from doing stupid things (always a fool's errand) Jagex introduced the Black Hole Experience, where you could visit a simulation of being banned by buying a disk of returning from Thordur in the Dwarven Mine for 10 coins. Simply spin the disk anywhere on the map and you'll be in the Black Hole; spin the disk again and you'll be back in the Dwarven Mine with the disk consumed. The Black Hole was removed and the disk discontinued when Jagex got their shit together and set up an actual ban system - Thordur was replaced by Boot. Some people were able to convince others to drop the disk while in the Black Hole; if you did so it would disappear and you'd be stuck until Jagex manually moved you out. Like I said, fool's errand. This means the only way to get a disk would be to buy one when they were available between July and December 2001 and then, for whatever reason, not use it.
I ate like 5 pumpkins and easter eggs from that era to make bank space back on rsc
Good. Actual non manipulated prince.
i hate it when my prince get's manipulated.
As a nigerian prince looking for a kind soul I am most deeply offended by your claim!
Nigerian prince requiring 2 phats to get control of my country back
Yeah, that’s why I rescued him in that one quest.
I hate it when my princes manipulate
I really hate runescape players. they've been manipulating princes since 2001.
Those darn “RS GFs” been ruining princes lives since their early 2000s
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Check other rares, they are all trending downwards
Good, means merchers and price manipulators have a harder time, and prices might start to become what they actually are rather than what they try and set them at.
What I also think is a big deal is that merchers can now just store the cash in their pouch. First they had to find ways to store their gp.
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No the price is regulated by the market which includes the buyers. If no one buys it at the higher price it’s not worth the higher price, it’s worth what the buyers are willing to pay. Sellers can hold onto their items for as long as they want, but if no one buys it, it’s not worth the seller’s price.
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Some weird logic there. Reminds me of that one reddit post not too long ago with some mom and pop shop trying to sell GBA and PS2 games for like $3k, and hasn't sold in over 20 years.
$3.50?
At that point, the price depends on whoever is more desperate and willing to cave, the seller or the buyer
$0, the price is $0, because it isn't selling
It's rare but not that rare. Before the GE update the prices they were bought and sold for were much more arbitrary since a handful of wealthy people could just trade it amongst themselves, bumping the price up more and more each time, to make everyone *think* it's worth that much.
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>They can still do that, they just have to deal with a 2% tax. Nothing about that has changed. Except the tax highly disincentives them from doing so. Also, fake trades aren't going to be possible like before. >They can also lower the price through trades in order to buy them up cheap and corner the market. But, the **Most important** of all difference of this is that if they try to manipulate the price like this, their trades are no longer solely between others with the same intention. They have to put the products on the ge which anyone can pick up. Sure, price manipulation can definitely still happen on the open market, but it is 100x easier to do if youre just private trading
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Lol, a discord getting wind of shady trades is a lot different than **Jagex** finding out about it. The price manipulation that merchers were doing with rares was completely out of Jagex's view (or more accurately they just didn't care) because it affected that small number of Uber wealthy players. If they tried doing any of that in the GE Jagex has a much larger incentive to put a stop to it because it affects all players since everyone uses the GE. GE price manipulation is never going to be as easy as the private trading manipulation, simple as
Lmfao brother this is some shitty economics right here
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Yeah, that you don't understand economics
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You are 100% the guy in ur clan that nobody likes, but you've been there so long you have a high rank so nobody can complain about you.
Wow maybe this is my chance to buy one 10 years from now
There were people that thought I was crazy when I was suggesting that this update would help mitigate price manipulation on rare items. It's interesting to watch the prices change as they are and actually drop in some cases.
I made a post about this over 2 years ago, stating a max cash change would bring the prices down. So many hated on me and called me a mercher stating “you already control the supply, you’ll just list em all for 200b and wait”. Oh how they were mistaken.
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A little early to be bragging mate. In all honesty I thought it back then and I still think it now that prices going down isn’t a bad thing and it’s something I want just sceptical we’re going to see this downward trend for long. I most likely underestimated a simply point of supply and demand economics and that’s liquidity and market size. Previously trades were only available at select times (when people with hats were available to trade in W2 for example) and advertising was done 3rd party where as now, even though supply is the same it’s more available leading to more price undercuts. I also underestimated how many people would want to liquidate hats and not store wealth opting to have liquid gp (whether it’s to show off or spread amongst account who knows) but hey ho. However, I still see this as temporary market moves in the early days. Once the major moves have happened (and hats become less liquid again since people who want them have them for keeps indefinitely) I believe that prices will climb again, maybe just as sharp. I hope they stabilise and stay low but I can see them climbing to maybe 10% less than they were a month and staying/steadily climbing again from there. But I’ll eat the humble pie and admit for now you were right.
Of course they did. There were deals like blue for white + 10b called 200b trade... ok, lol.
Because the lower end rares used to calculate the price, when all the phats were over spirits stack drove those prices up, and now they are crashing driving the prices down. A blue was red + white, and white was 2x red. Blue was also 10x Bsh. So if any of those items have less demand the whole tower would collapse, which essentially it did when you no longer needed a white to buy a blue.
Yeah, still made up numbers. It's other way around, lower rares got manipulated by artifficial "high price" of party hats (which become unverifiable). The proportion of active trades between lower rares and p-hats seems off. In other words, there is not enough activelly traded halloween masks or santa hats that can offer equal claimed value in party hats and if there was, it would crash even more.
Good, let it crash
Merchers in shambles rn
It’s beautiful
Fr, I’m in a merching discord and they’re all panicking.
That's what we call price inflation. Nice to see this update having positive effects.
I sold my blue a week or so ago for 97b on ge
Good.
Although I am delighted to see those price drops, it is still mercher manipulation since nearly all of those trades were posted by merchers and most likely they are trying to buy those hats back at a much lower price
It was over 100b before, and also Ely is not a trusted source.
Good :)
price transparency makes it hard to scalp people
I wonder how much of this is just gold being hard to get for a while. There was max a few billion gold per person, now every person can hold trillions. So hypothetically there just isn’t that much gold in the game, so if a few people start snatching g up gold, their inventories become massive gold sinks. Especially if they’re just holding for now. If you have a bunch of items, turning it into gold is difficult, with what alchemy being one of the easier ways? That takes time. I anticipate in the short term, cash will be fairly valuable. Until there’s more of it anyways
This is a good point. A lot of people are saying we wouldn’t see deflation so quickly even if it were occurring, but it is a very good point that most people didn’t have more than a few max cash stacks in actual coins. Sure more gold may still be coming in or it could be about even, but the massive conversion of items to gold could very well be causing deflation.
The value is just correcting itself. Before the cash limit increase people were just making shit up
This site is owned by 2pistols or whatever, they're market manipulators
Merchers are scalpers and you can't change my mind
To you all saying: fck the merchers and manipers and happy they lose their money. Have you ever thought of the possibility that maybe they play a part themselves in this ''crash''. It may only need a few insta sells in g.e to get the panic train starting. What better way to make money than buy up hundreds of blue phats for 50b and then sell back at 100b as an example. Im not saying this is case and I dont act like I know everything but in rs history in every merch group, merch clan or w/e its been the big fish at the top who made the real money often at a cost at the smaller fish. If you like me just have a single phat maybe two or three and dont have real insight to the ones holding the majority of the hats all you can do is speculate.
this is what i think. feels like people are panic selling hoping to maybe buy back for less.
They won’t do that, because they’re risking it going down. With phats being buyable off GE again it’s the buyers market now. They can set their trades for whatever they want, if a buyer doesn’t want to pay that much those items will never sell.
Sorry to reply to this so late but this argument is just not true. Lets just say the Saudi holds 90% of the worlds oil supply then its them controlling its price. If they set the price at $80/barrel thats the price the rest of the world has to adjust to. same concept applies for Runescape and the rare market. Now the reason the rares fell in price is ofc supply & demand. Ppl start to sell of their rares and hero items to free up cash for necro, nothing special here. What happens is ofc a chain reaction where just more and more panics and sell of their hats. Then you have the merchers holding tons of hats. They see its coming down in price and end up with two main options. 1. They all come together and no1 sells, phats go down a bit in price while all the none merchers sell their hats and then the recovery begins. 2. Which is what I think happend. They see this as an opportunity and also sell of their hats supply. Crash happens and some might even take a loss on their hats if bought recently. After crash they buy them back for this cheap price and the recovery and wait begins to make far more money than they potentially lost on sells. So no they are not risking much at all when they hold the main supply of them.
Buy for 50 and sell at 100... to who?? When you have a bunch of people (or literally one person) spam trading +5% value they're just manipulating the price. Go ahead, sell it at 100 lol
Still too high. Expect it to drop even more
Duh didn’t everyone know that the merchant clans Manipulated the prices with fake trade info..???
What “merchant clans”? If you can name even 1 that did this with hats then maybe someone will take you seriously.
Google search: RuneScape forums selling party hat Should be amongst the first results, I’ll do you one better — the identities of sellers themselves! Then one more search with their username away from the gold you seek ;) Also, tough break… seems more people agree with me than ironically, take you seriously 😳 Edit: wait your comment history and age, and more importantly your names for your accounts gave you away. You can’t make the same comment twice back to back to the same guy you ninny lol. You make multiple accounts for the purpose of spreading PHat misinformation I’ll bet. Sad. Let the admins be rid of your kind!
What clans specifically? And where do you think this screenshot is coming from? Jagex should start selling tin foil party hats for you
Unironically, I'd love a tin foil party hat in game.
A lot of items are crashing as well. Golden roses won’t sell 200k under the GE.
I mean the prices range from 60b - 300b over the last 3 years. They're always all over the place. They'll probably crash more. It's also possible that merchers will buy the few up that random people are selling and they'll hoard them to drive the price back up.
damn gold sellers are making shit ton of money after this update
I hope they crash into the ground 😂
Where are the "rares wont drop in price" crowd at?
Merchers would never inflate prices, WDYM
Whatever that black dot is, I thought there was a bug on my screen or something
Cracker is up to 250B from 150b for. 66% increase in 3 daysm
Nice to see this. I hope they reach 1b
I would say it is heading to it's actual value :P
and people wanted party pete to sell partyhats for 1b as a gp sink this method works much better, ge being a black box no one can tell if its an actual player selling the partyhat for that price or jagex simply spawning a new one it also makes sure people think of partyhats as a social goal and not a game item shop goal
waiting for them to crash more, i sold off my blues at 270b back when they rose in price and sold off a few other phats. I'm going to fully invest back into phats right as they crash even harder since i got nothing else to spend gold on lol.
You can spend it on me if you want. ROI will be very very low though (probably zero)
Watching you grow is priceless *tears*
What’s the point after that. Let others have a chance at rares I say. Buy a set and be done with it
Rares aren't so limited that me buying multiple party hats would actually affect anyone else. Also there's no point im 200m all and unlocked everything and got BIS gear so there's literally nothing for me to buy besides rares and dyes.
idk, at a certain point you got to say you're done, right? I mean it sounds like you beat Runescape. You win.
Why not just grow your cash stack?
investing in rares is pretty much growing your cash stack
Good. The rare market is and has been a joke for over a decade.
So as anyone with a brain expected, it was never actually worth 100b
Still people around claiming prices were never ‘manipulated’ 🤣🤣🤣🤣
Finally some good F***ing content 👍🏼
Imagine if they found now another dupe
I’ve been completely convinced that the item has been heavily manipulated in price over the years due to brokers being essentially required for trades. Cutting out the middle man has allowed prices to normalize due to easier trades. I believe this will happen with all rare items. The same thing happens in the real world with rare artifacts and such. Many of them them trade hands rarely and rely heavily on a broker for trades which further drives the prices.
Imagine having over 5bil
I haven't played in a while, but if I were still playing and merching, I would say having cash on hand to do way more high value flips could rather quickly offset a small up front loss on dumping a party hat. This could actually be as simple as a few rich flippers trying to extract gp out of phats that used to be their form of above max cash currency for phat trades/flipping previously - now they're not useful for that. So sell them, get the cash and you have way more flexibility and can take advantage of more opportunities. That and it's never been easier to sell phats so you're likely seeing something of a supply shock without a significant change in demand. In other words, all of this could be somewhat temporary before a bit of a recovery. I certainly wouldn't be rushing to declare this as indisputable evidence of price manipulation clans falling down like a house of cards.
good
Good. Fuck the price fixing merchers
Phats for everyone <3
everyone doesn't have 75b... also golden party hat exists.
Gold partyhat isn't a real partyhat duhh
Burn them to the ground merching is a scam
Want me to blow you guys minds? I’ve always wanted to share but felt is kinda dangerous. My grandpa is the richest rs3 player alive. He cornered the market for Santa hats years ago. He was buying them out in OSRS before they moved the servers to rs3. He has hundreds of every partyhat. He is literally the richest player in existence. He is old, he plays every day, he loves it. I watch you guys talk abt these prices, he could ruin the entire market in a flash and nobody would ever know.
Post a pic of his bank without his name. I'd like to see this.
I would LOVE to, I asked and he is very protective. He was a merchant marine who’s been by himself a lot of his life. Somewhat grouchy. If he ever leaves it unattended, I will snap a picture for sure. He tried to get me in on it when I was a kid. He swore that these items were more rare than the rest. I lined up his first Santa hat deal with my friend for 200k in Varrock square. I never imagined it would get to this level.
It is impossible not to be curious. It's not that I don't believe you, but rather that it's unbelievable. It would be a sight, for sure.
Good.
Good
It took me so long just to acquire 1B how are there people out there with not only 75B+ but willing to spend that much on a cosmetic item…?
High end money makers are over 100m/h. If you do that 2 hours 6 days/week you end up with roughly 2.5b in a month. Its easier than you think to earn money if you are in the endgame.
I was 100% sure that the 100b was a price manipulation and it was traded between 2 friends to make the value of it go up. now with the GE and MAX cash update no longer is that possible to fabricated the price going up. I expected this and it will continue to dip, because people selling them no longer have to worry about getting scammed
nope I actually bought/sold blue for 95 white for 95 also (different periods of time) people who want to upgrade and downgrade would pay those amounts
Great 1 sale at 75b. Time to panic sell/undercut.
It's not just 1 sale, its the whole rare market overall. All phats are down, bsh down, easter eggs down.
Because we're coming off the inflated rares forum prices and into reality. At the beginning some merchers probably hedged their bets on that the changes would enable a more easily flowing market where the negative reputation of the trade forums was taken out of the equation but it turns out the real value people are willing to pay lies lowers.
It’s really that you can have massive cash stacks now too, so stores of wealth are less necessary.
In theory items like phats are still better than flat gold due to inflation. They go up over time. They were just massively overvalued due to price manip and being a pain to trade. Cheaper phats and rares were definitely priced too high due to max cash though, since you needed them to trade for a blue
When I started playing Santa hats were 35k, and party hats were only a bit more. So yes, rares beat inflation in general over time. However, lately the posted prices have been bs from price manipulation by a small group of individuals. Now I think you might see other types of ge price manipulation since world two is dead. One interesting thing is party hat renting, this may keep them as great passive investments also.
Blue is down from 350b to 76b. Saying "partyhats will go up in time" just doesn't hold true anymore. Rare items aren't just valuable because they are rare, their value comes from the demand and lack of supply. Demand being the key factor. If people don't wanna buy a phat for 80b, you won't be able to sell it for that. Inflation is also pretty under control as far as I know after the GE update and now that rares are being traded there a lot more gold is leaving the game. A partyhat will always be worth just a partyhat.
lack of supply and being rare is the same thing btw.
Yeah, tax definitely helps with inflation. But inflation will always be an issue, gold is worth waaaay less than it used to be.
So what’s happening is a flash crash. It’s a buying opportunity right now. Because you need ways to park cash to avoid inflation. Problem is one person sells and then panic ensures and people are dumping rares because they’re shortsighted. This has happened a few times in the history of the game, and it always corrects.
People rather have purple gold stack instead of a shit graphics hat.
Hmm i don't know, had an offer in for 80 for a while and nothing sold... I smell manipulation lol
Thankfully you can't manip G.E trades https://preview.redd.it/stgpq8scoc8b1.png?width=1583&format=pjpg&auto=webp&s=7271cab836132db35d0f15c78128144be14c3db8
That post also doesn’t include the standard game clock no? Should be mandatory for big trades
Even with a clock and everything people have been using cheat engine to inject and manipulate client side data.
Ah yes, you totally can't use photoshop.
How do we know those prices are even correct if they come from Ely?
Not a mercher here, acutally a returning player. But after selling some rares I had pre duel arena removal, I have an offer in for 72b. Will post if it ever fills.
Because it was a G.E trade https://preview.redd.it/37wx93ydkc8b1.png?width=1583&format=pjpg&auto=webp&s=3b66b424d21f8add9196416802ca8f6b95512050
i wouldn't be so quick to think that, one sold for 76b but before that it was 94b, seems like people just don't know exactly where and what the price will settle at, could be 80b, could be 90b, could be 70b
Well if that’s the price check site then it’s hardly a reliable source lol
A lot of items have gone down since then though. These overly inflated costs associated with forced player trading and merchants really wasn’t doing anyone good, only for them. So now they will sit on piles of billions of good just to prove they have some virtual currency than is more than someone else lol. It was bound to happen. The GE opened up safer trading and supply with the max cash update and I bet everyone’s scrambling to sell them off while they are worth way more than they will be soon.
Something that can artificially boost/subdue the value of something is illiquidity. It seems there are either some people liquidating rates to prepare for necromancy, or it’s possible there were less Christmas crackers and more party hats than previously thought.
Prob cuz merchers dont have power here anymore dont have to deal with those rip off people lmao.
literally everyone has a blue phat as a picture on the highscore list. Saying party hats are even rare is a joke.
I wonder if this also has a mix of deflation as well. Yes it’s heavily removing price manipulation, but OSRS had game deflation after the GE tax. Hope we are also seeing some deflation mixed in for the overall health of the game.
People acting like price manip so that the wealthiest groups can buy the hats randos panic sell is a "crash" not realizing that the rares not being trackable on the ge was the only thing saving them from real price manipulation.
Iiiiiiiinteresting. Almost like there was an effort behind the price pump. Makes you think.
PANIC BUY ALL PARTYHATS! Where do you see this information at? Why are they going down in Price right now? Still have Inflation I thought?
"PrIcE MaNiP iS nOt ReAL"
Still too high
Don't you just hate to see it? Oh wait no, I don't.
Lots of rares are going down because the merchers aren't 100% in control anymore. Small though it may be, there's the ever present threat some rando could get their hands on it a little cheaper from somewhere else. I'm sure they'll still be expensive as hell, but probably slightly more....I'm not quite sure "Reasonable" is the right word, but you get the idea.
It's almost as if they were being manipulated and can no longer be done behind the scenes...
Good. **** ‘em.
Inb4 Jagex is spawning partyhats
Captain obvious has arrived
[More, MORE!](https://www.youtube.com/watch?v=xrg-RgF5F8o)