NoahTheWeebWolf Posted March 25, 2015 Posted March 25, 2015 If so how much do you think it will drop? Isn't true bonds made rs3 gp drop dramatically back when they were introduced?
Solace Posted March 25, 2015 Posted March 25, 2015 first: i dont know how much a bond on 07 will cost. I think we need to know the price first
NoahTheWeebWolf Posted March 25, 2015 Author Posted March 25, 2015 first: i dont know how much a bond on 07 will cost. I think we need to know the price first It wouldn't be hard for Jagex to manipulate the price to 6-7m and then because each bond would be $5 each it would make gold crash hard. But that all depends if Jagex will manipulate the price to be that high.
Malle Posted March 25, 2015 Posted March 25, 2015 I don't think gold will decrease too much in price, especially with F2P being over populated.
Nielskehh Posted March 25, 2015 Posted March 25, 2015 You should also consider that people that haven't previously thought about RWT. They will start thinking about it due to bonds arriving, and like most customers do they will compare prices. Looking at general customer behaviour this will increase the demand of 07gp, which will result in a higher resale value.
YoungWinner Posted March 25, 2015 Posted March 25, 2015 It might, but then again once they come out everybody better start grabbing them because #bigmoneymaker
droptime Posted March 25, 2015 Posted March 25, 2015 ummmm who knows anything can happen anything can happen bro
NoahTheWeebWolf Posted March 25, 2015 Author Posted March 25, 2015 You should also consider that people that haven't previously thought about RWT. They will start thinking about it due to bonds arriving, and like most customers do they will compare prices. Looking at general customer behaviour this will increase the demand of 07gp, which will result in a higher resale value. That's a good point however part of the reason I believe 07gp was able to be sold much higher than rs3 is because less people played 07 making the sale of 07gp a niche market. The only way to recoup the losses from catering to such a small market was to charge a premium. However if a really large portion of the market stands together and demands a lower price with the threat of switching over to bonds(which may turn out to be cheaper than current prices especially if Jagex manipulates the price) that may be enough for the big gold sellers to start selling for lower prices in order to retain customers. In that scenario they'd be able to charge lower prices not only to stay competitive but also because with more buyers that time around roughly the same amount of money could be made only the profits will be spread throughout a wide range of customers as opposed to the smaller market in place now.
Nielskehh Posted March 25, 2015 Posted March 25, 2015 That's a good point however part of the reason I believe 07gp was able to be sold much higher than rs3 is because less people played 07 making the sale of 07gp a niche market. The only way to recoup the losses from catering to such a small market was to charge a premium. However if a really large portion of the market stands together and demands a lower price with the threat of switching over to bonds(which may turn out to be cheaper than current prices especially if Jagex manipulates the price) that may be enough for the big gold sellers to start selling for lower prices in order to retain customers. In that scenario they'd be able to charge lower prices not only to stay competitive but also because with more buyers that time around roughly the same amount of money could be made only the profits will be spread throughout a wide range of customers as opposed to the smaller market in place now. Well your point is valid if there is the possibility to generate more money in a short period of time or if there is alot of money that isn't being sold for less. (meaning the traders are holding on to their money) Which from my point of view (a goldfarmer) is not the case since the gold traders PM me daily asking for more stock. In the end it will all be based around the price Jagex will be charging for bonds on 07, we should consider that the rates we maintain for rs3/07 are possibly not the same as Jagex thinks they are. This last point can greatly influence either price rise or drop of 07gp in the long run. Finally some economics in this technician filled world of botting 1
Solace Posted March 25, 2015 Posted March 25, 2015 It wouldn't be hard for Jagex to manipulate the price to 6-7m and then because each bond would be $5 each it would make gold crash hard. But that all depends if Jagex will manipulate the price to be that high. but bonds from rs3 will stay at 6-8m and we be able to pay the 1.3m in 07gp? because is not worth paying the 7-8m in 07
NoahTheWeebWolf Posted March 25, 2015 Author Posted March 25, 2015 but bonds from rs3 will stay at 6-8m and we be able to pay the 1.3m in 07gp? because is not worth paying the 7-8m in 07 Actually bonds in rs3 may go up in price since they'll be going up from around $3.50 to $5.00. If Jagex made bonds the same price in rs07 and forced it to stay there the price of gold would very likely be forced to decrease to accommodate the increased price in bonds. So if 07 bonds are made 7m ea essentially 7m rs07gp would then be worth $5. This wouldn't hurt Jagex at all just big gold farmers which is likely one of their intentions in order to crack down on RWT(though it could be argued bonds made RWT legit with the only difference that Jagex is the main beneficiary and not some random 3rd party company). This leads me to believe the price may drop if Jagex does such a thing and why wouldn't they, it'd mean so much more money for them. 1
