They used to be $1/m+ before but now I see people trying to buy for .4/m...Did something happen or just too many bots?

70B hacked this week +less players

Edited April 28, 20187 yr by TWC

1 minute ago, TWC said:

70B hacked this week +less players

Are you trolling or something? And if that's the case shouldn't that mean GP prices rise?

2 minutes ago, RoomScape said:

Are you trolling or something? And if that's the case shouldn't that mean GP prices rise?

Hacked as in, a "legit" player(s) lost 70b bank which was sold. 

2 minutes ago, RoomScape said:

Are you trolling or something? And if that's the case shouldn't that mean GP prices rise?

20-30B

they DUMP the gold ?

1 minute ago, Decode said:

Hacked as in, a "legit" player(s) lost 70b bank which was sold. 

So someone sold 70b worth of gold overflowing the market with excess GP?

Just now, RoomScape said:

So someone sold 70b worth of gold overflowing the market with excess GP?

Thats what i think hes saying. I dont personally have the slightest clue as to why GP has crashed. 

2 minutes ago, TWC said:

20-30B

they DUMP the gold ?

People do some crazy shit for some GP. xD
I realize it's actual money but it's still funny af.

9 minutes ago, TWC said:

70B hacked this week +less players

That doesn't explain why the price has been crashing for the last ~2.5 months & the player base has been going up.

2 minutes ago, Anomaly said:

That doesn't explain why the price has been crashing for the last ~2.5 months & the player base has been going up.

Are there more bots than before or is Jagex still cracking down on botting with insta bans?

Also the price increase on bonds has a huge impact on the only link to real life currency. With this increase, gp value (while not by a huge amount like what we are seeing) will obviously decrease. I think mostly it is just a sum of all the things said above and this. Should recover quite a bit sometime soon, especially when mobile comes to the public.

hopefully mobile brings things back up.

I'm going to start hoarding gold myself.

I don't see it being worth selling for now, and to be fair I have multiple mules to fill up.

15 minutes ago, Guy Fieri said:

Also the price increase on bonds has a huge impact on the only link to real life currency. With this increase, gp value (while not by a huge amount like what we are seeing) will obviously decrease. I think mostly it is just a sum of all the things said above and this. Should recover quite a bit sometime soon, especially when mobile comes to the public.

I noticed that. It's almost 4m.

Because we got people getting hacked left right and center, because some of JAgex's employees are shit fucks regarding letting people get their accounts recovered by the people stealing them. To add salt to the wound they sell that GP for very low pricing and ultimately turns everything into a shit fest.

Or another theory is Jagex aren't proactive enough with real world traders and there is just too much GP up for RWT.