HoneyDewBubbleT Posted November 17, 2017 Share Posted November 17, 2017 In two months i've seen the price drop from .95mil to .85. Now people are trying to lowball for .80. I don't bot to make money(i mainly purchase gold tbh) so i'm just asking out of pure curiosity, gold sellers why are you guys decreasing the price so much? Are there less demands? Are you lowering the price to bring in more customers? Aren't you guys cutting yourself short? If all the gold sellers uniformly agree to hold the gold standard at 1mil = 1usd, is there need to adjust for the economy fluctuation? Quote Link to comment Share on other sites More sharing options...
Decode Posted November 17, 2017 Share Posted November 17, 2017 Theres more supply than there is demand. Plus I think the recent price downfall is due to a staker dumping a very large amount of gold. With the updates to come from osrs, and the mobile thing, i think it'll rise back again soon. Quote Link to comment Share on other sites More sharing options...
Jesse Posted November 17, 2017 Share Posted November 17, 2017 1 minute ago, Decode said: Theres more supply than there is demand. Plus I think the recent price downfall is due to a staker dumping a very large amount of gold. With the updates to come from osrs, and the mobile thing, i think it'll rise back again soon. whats the reason of them dumping there gp if u know? Quote Link to comment Share on other sites More sharing options...
RDM Posted November 17, 2017 Share Posted November 17, 2017 I dont see why lowering the price will make more people buy. Just leave it the same instead of trying to undercut by like 20 cents and they will come Quote Link to comment Share on other sites More sharing options...
Mio Posted November 17, 2017 Share Posted November 17, 2017 1 minute ago, Jesse said: whats the reason of them dumping there gp if u know? To convert their GP into real money they can use. Quote Link to comment Share on other sites More sharing options...
Decode Posted November 17, 2017 Share Posted November 17, 2017 Just now, RDM said: I dont see why lowering the price will make more people buy. Just leave it the same instead of trying to undercut by like 20 cents and they will come Gold sellers dont really "control" the price. Its the suppliers and how much supply who do. If i sell you 2 burgers and then you're full, but i want to sell you more, i'd sell you them on the cheap just so you can take them off of my hands. 1 minute ago, Jesse said: whats the reason of them dumping there gp if u know? Probably just wanted to cash in :p Quote Link to comment Share on other sites More sharing options...
RDM Posted November 17, 2017 Share Posted November 17, 2017 5 minutes ago, Decode said: Gold sellers dont really "control" the price. Its the suppliers and how much supply who do. If i sell you 2 burgers and then you're full, but i want to sell you more, i'd sell you them on the cheap just so you can take them off of my hands. Probably just wanted to cash in :p Not really. If I would never buy more food than I could eat at a burger place :P and I dont buy more than I need/want even if it's cheaper Quote Link to comment Share on other sites More sharing options...
TL57 Posted November 17, 2017 Share Posted November 17, 2017 I also think this is BS Quote Link to comment Share on other sites More sharing options...
Decode Posted November 17, 2017 Share Posted November 17, 2017 2 minutes ago, RDM said: Not really. If I would never buy more food than I could eat at a burger place :P and I dont buy more than I need/want even if it's cheaper Maybe using food as an example was a bad idea hahaha. Point is, if gold sellers get more supply than they need, they'll only take it at a cut price and because that constantly happens (especially with the staker dumping a large amount of gp) the price was always going to go down. But like i said, there should be a rise soon enough. Quote Link to comment Share on other sites More sharing options...
TheWind Posted November 17, 2017 Share Posted November 17, 2017 Unless the game is flourishing and the number of people looking to buy gold is increasing it will continue to fall. Most factors point towards the price of gold or in-game currency consistently falling in almost every video game. It's just the way it is. Quote Link to comment Share on other sites More sharing options...
Deceiver Posted November 17, 2017 Share Posted November 17, 2017 fuck 12 lol Quote Link to comment Share on other sites More sharing options...
Isolate Posted November 17, 2017 Share Posted November 17, 2017 cuz nobody here knows basic economics 2 Quote Link to comment Share on other sites More sharing options...
dragonite3000 Posted November 17, 2017 Share Posted November 17, 2017 17 minutes ago, Deceiver said: fuck 12 lol You a opp Quote Link to comment Share on other sites More sharing options...
BotRS123 Posted November 17, 2017 Share Posted November 17, 2017 Damn... I should of sold everything when it was worth more. Quote Link to comment Share on other sites More sharing options...
Imagine Posted November 17, 2017 Share Posted November 17, 2017 Websites trying to buy for .75 lol Quote Link to comment Share on other sites More sharing options...
