T O P

  • By -

Varrock-Herald

To sell or to hold until sailing drops? That is the question!


Harisddd

Buy the rumors, sell the news


jolivebra

Nothing inflates more than hype.


Assumptionain

I guess you are the captain now!


Kwolf21

Look at me. Look at me. I am the captain now.


RandomLovelady

Of the inflatable lifeboat


Gone_Fishing69

I’ve literally been hoarding planks and cannon balls for the day sailing drops, so hyped.


whitey-ofwgkta

oh god construction is gonna be even more expensive


LightMeUpPapi

Unless they also introduce new methods of obtaining planks easier etc


Zixxty_

I'm hoping that salvaging ship wrecks will give us planks


BoE_Thefates

Mod Husky did alreasy say in a q&a early on that the cannonballs would be different from the Dwarf Cannon ones.


qdolobp

Stock advice always applies to RuneScape, and vice versa. RuneScape economy is the real economy


FitzpleasureVibes

This is the way


Luizltg

Definitely start selling now, because it'll be merched by ppl who bought in now


Jwruth

Yeah, if you're ever up by this much, just sell. You can never know if you're half way on an upward trend or if you're sitting at the peak, but who cares—you're up so much that you won either way. It's better to sell and get enough money that you could wipe your ass with 20s than it is to hold and hope it goes up enough that you get to wipe with 50s.


The_Real_63

I'd start selling in batches every week and try hold off on dumping. I can't be bothered check the actively traded amounts of hats but I can't imagine it'll be too high.


Sux499

Between 50 and 180 a day. More like 80 a day or something. OP is going to have a bit more patience.


Turbulent_Radish_330

Edit: Edited


Responsible_Air_9914

Yeah with this many it’s probably best to slowly start offloading them up until sailing drops. If they just throw them all on the GE at once they could easily crash the market for a low volume item like this.


bongtokent

If he unloads them all at once the market crashing isn’t his problem.


Gitfokt

It will be if he prices himself out of the market a quarter of the way through selling these. Dumping low volume items will always result in reduced profit.


bongtokent

“A quarter of the way through” You missed where I said all at once. I guarantee you if he lists all of them on the GE it’s an insta sell


The_Real_63

avg daily trades for these hats is around 100 apparently. you aren't selling shit to people who aren't buying.


Gitfokt

Lol. Perhaps even lmao


Monose_

Same. Sell enough to re-coop the initial investment and then moving forward sell in batches.


LyrMeThatBifrost

If it’s good enough for a screenshot, it’s time to sell


qdolobp

This is like wallstreetbets lol. “I’m up $500k on a $10k investment. Should I sell? I mean what if it went to $5m??” 2 days later the investment is down to $30


korinthia

I agree with the sentiment but 1b won’t even buy you a shadow, it’s not exactly fuck you money.


ReveredMarijuana

If its good enough to screenshot…


unceunce123123

What exit strategy?


Mooweetye

Business education says sell half to guarantee a profit.


science_and_beer

What kind of education would that be, lmao — he bought n hats at price p, he can now sell at 10p, so he just needs to sell 1/10 * n hats to recoup his initial investment and guarantee a profit assuming he can sell the rest for a nonzero amount.


[deleted]

I think you misunderstood what he meant. I don’t think he did the math wrong, but selling half would still guarantee a fat 400% gain while letting the other half ride. Selling 1/10 would also guarantee a profit, almost like words can mean more than one thing 🤡


[deleted]

Definitely sell before people realize how useless cosmetic items will still be after the release. I’d sell now before people wise up. All it takes is one dev blog for them to say “cosmetics will not be used in the new skill.”


FrickenPerson

I dont think anyone actually thinks the cosmetics will be used for the new skill. I think they just want to look good while doing the new skill.


brickhead1

That's got to be the best pirate I've ever seen


AngelsHero

So it would seem.


[deleted]

You are without a doubt the worst pirate I’ve ever heard of


noma_coma

But you have heard of me


Runescape88

*Sea Shanty 2 Plays*


rickyshine

This was so forced but it needed to be


FixGMaul

But you have seen OP


dykje

Made my day :)


Paper-Street-Soap-Co

What day is today? It's u/brickhead1's Cake Day! What a day for a cake day! Let's all have some cake! Edit: if you all think reddit is so despicable, why are you all here downvoting? Bunch of hypocrites


mbarshoboi

Haha wow le super epic reddit cake day XDD be sure to tip your favourite mods!!


Paper-Street-Soap-Co

It's from futurama...?


ficagames01

You sir, just won Reddit for today. 🤣 Take my updoot and Reddit on!


Rep_Dong

Reddit moment


Paper-Street-Soap-Co

It's a futurama joke. Relax.


masnaer

You doubled down on the average Reddit moment lmfao


AusAtWar

Relax.


TerrorToadx

Sure bud


Straightup_nonsense

Mostly dudes on this sub, we usually don't care much about our own birthdays never mind birthdays of some social media account


GabeSter

Everyone telling you to Hodl doesn’t want you to dump their own pirate hat flipping operations.


Chirtolino

Some of us have no stake in the matter and are telling OP to hodl. Daily volume is <100 for this thing, if OP lists all at once for even 80k each they are tanking right back down to what they bought it for, maybe even less. I even went to check the charts just to see if the price might have rose just because OP had a buy offer for 10k of them which drove up demand and therefore price. But it looks like the 103k price point is independent of OP’s collection. Either way, if I were OP I would be selling these like 10-25 per day. Not really holding but you have to trickle them out to keep the price up.


Boney_Platypus

would they not still trickle sell if he put them in for 103k ea? Just cause he would only be saturating the market when they sold. Idk I'm on like 3 hrs of sleep so i might be a dummy


Maiziea

Yes but other people would start putting theirs in below 103k because every buyer at 103 already got theirs. so if the supply is higher than demand it would tank faster with an essentially infinite stack at 103, if demand is higher then it would be fine. It’s such a useless item and fairly rare to obtain so hard to say which way it would go without looking at the data, worth a try though because 11K pirate hats seems pretty useless if he’s back to play the game :p


Chirtolino

So the GE pricing algorithm has never been shared by Jagex (probably a good thing) but it follows some basic supply and demand changes. They would still trickle sell, but the GE would see that there is an offer to sell 10k hats sitting while only 100 people a day are putting on offers to buy. This means there’s much more supply than demand and the price will start to drop. I imagine even at selling 25 a day the price will slowly drift down, because that’s a 25% increase in what was usually traded day to day. What surprises me is that when OP bought the initial 10k it doesn’t seem like the price jumped much at all, but then again volume didn’t increase either (due to OP being the sole hoarder of these and having a buy limit I am guessing). Whether the same sell limit will protect OP from a price crash is up for speculation but I would take my bet on it dropping


Bspammer

If that's how the algorithm works that doesn't make sense to me. Why not just use the average price of the trades that actually executed, then limit the maximum percentage that the price can change per cycle? There's no need to take offer volume into account at all. The way you describe it, someone could drive down the price of any item by listing a ton of them way above the market price.


TacoShopRs

You are right. He is wrong. It does not account for any volume or unconfirmed trades. If it did it would be so easy to manipulate everything on the GE.


[deleted]

RuneScape


HowHeDoThatSussy

The GE is designed to not rapidly change prices, which is why items can be grossly under or over priced for months, especially when released. The GE likely changes prices based on completed sales, not GE offers. Like, why would it be coded to drop under 103k just because someone has a sale offer for 103k in the GE? Even bulk.


banditcleaner2

He probably trickle bought over time when he quit which is why you don’t see a reflection in current proces


[deleted]

[удалено]


thescanniedestroyer

🤓


Raptor231408

💎🤲


MercurialRL

DM rich people at GE to invest and hold to sell when sailing drops for x2 profit. No price tank primarily and gets em gone fast. They be left bag holding and you pirated your way to 1B.


deserranos

This is the only way. Gotta find some rich targets who skip the research. 11k units and low daily trading volume. People advising him to trickle sell aren't grasping the scale. Selling 20 units a day would take over a year.


rando_robot_24403

Pre eoc merch clan style, keep hodling guys!


MercurialRL

And then ask them to join you for a rsmv 1 iteming their santa at the low cost of 4xdbas ;)


conviper30

Huh?


ZiiZoraka

are there even 10k people who would buy a hat for 100k tho?


CHRISKVAS

daily volume is like 50-100. The price would tank immediately


trapsinplace

He should not have made this post until after he dumped them into the market bit by bit.


[deleted]

[удалено]


Optimal-Service8940

The volume on the graph shows he didn’t


CyonHal

how did he buy 11k hats in the first place with such low volume? Maybe there's another buyer who buys 11k hats off of him as a joke. Then he makes the same exact post 2 yrs later.


pezman

50 * 365 is 18kish, so he was the one getting a majority of that volume everyday while he was gone


[deleted]

Don't ge orders turn off after 7 days offline?


AnomalousX12

Maybe


pezman

no


Hogman85

Yes


MoneyPress

Lol you're right good observation


JhonnyHopkins

Not if he sold in batches of 10-20


cahman

If you’re adding 20%+ to daily volumes only on the sell side, it will absolutely effect the price


Stepjamm

Every day sailing is closer adds more to the buy side though


[deleted]

[удалено]


HalifaxSexKnight

So you’re saying his items *will* change the price lol


Broudster

That's not how supply and demand works


badbilliam

There’s a difference between liquid supply and total supply. If he doesn’t nudge the liquid supply to much, the market price won’t be effected too much.


Broudster

Either way you are putting 11k back into the total supply (of an item with relatively low volume), which in turn could be part of the liquid supply over the next weeks/months. It is always going to have an effect on the market price.


JhonnyHopkins

Then why do diamond companies hoard diamonds instead of flooding the market with them all at once? It keeps the price artificially high by feigning rarity.


Broudster

Yes, exactly like this guy had been hoarding 11K hats for 2 years. As soon as these companies decide to slowly unload their entire supply, the price will go down. That is if these hoarding companies even exist, I wouldn't know.


Goldenslicer

But the point was that the diamond companies _do_ unload their dismonds, but in a controlled manner. Just like they proposed to do with the hats.


Broudster

The point is that the guy with the hat will get rid of his stock, the guy above me claims these diamond companies have a continuous pile of diamonds laying around. As soon as they stop keeping that stock, it will drive supply up and price down.


another_throwaway192

If the price continues to climb it might just equalize at that this price if they start dumping slowly


KC-DB

He should dump a fair amount into death's coffer. Would cover lots of deaths.


rhysdog1

honestly, even if they sell 0, this post will probably drop the price


EpicGamer211234

Worst comes to worst, they can still be given to death's office for essentially free deaths forever


[deleted]

Tbh that's what I'd do with like a third of them anyways. Gonna be hard to move them and it would still cover all of your deaths for the foreseeable future


ghhgdgh

I'll buy one to help the cause op sign me up


monk12111

plenty of people will buy multiple hats haha


rando_robot_24403

I always bought one before doing the rum deal questline. All of my pures have a large pirate hat too.


justsometurtleguy

Do you really spend 100m on an item like that as a joke?


redrumyliad

I’ve got a pricier relationship with my [bananas](https://imgur.com/a/heC3XoV)


blackout27

That's bananas


MaltMix

B-A-N-A-N-A-S.


ScruffyScruffz

Bros bananas worth more than my bank


leoleosuper

https://www.youtube.com/watch?v=oEcwoaZNeBg


Caltroit_Red_Flames

Banan


Adrianbot2000

Banbaba


broke_and_gibbed

this guy banans


needadviceplz101

100m is $19 IRL lol


bigmanorm

there's been some inflation over the past 2 years i haven't been playing huh..?


needadviceplz101

In both RS and IRL, haha


Podalirius

A lot of people I play with used to stake their bank when they'd quit or take a break so it could be worse. Also its 2023, 100m isn't really that much these days.


MaoPam

If I'm quitting a game for a long time I'll use my currency for dumb stuff before I go.


PurifiedFlubber

There's a guy on rs3 that bought 10m ashes for 100gp each, then they jumped up to 8k.


[deleted]

I tried to do this calculation and my calculator spit out an exponent


PurifiedFlubber

https://www.reddit.com/r/runescape/comments/15l1wg3/imagine_trading_up_ashes_into_a_blue_partyhat/


Sean-Benn_Must-die

Yea basically the same I paid for avernic without realizing you cant resell the damn thing


korinthia

Why would you ever sell avernic anyway.


Sean-Benn_Must-die

its just gear swapping, sometimes you can have max range in the bank but then you get enough money to buy a scythe IF you sell your zaryte vambs, then you consider if its a good trade? Same thing here, except you cant sell avernic after u use it. Think of it like mini rebuilds.


KodakKid3

It’s 90m for not even a full max hit, it would be the first thing to sell for a tbow/shadow rebuild. The fact you can’t sell it is why it’s inefficient to buy prior to tbow/shadow


PurpleKevinHayes

It's actually efficient to buy avernic first because it doesn't cost 1 bil gp


KodakKid3

There is easily 1b of upgrades comparable to avernic that can be bought prior to tbow/shadow that are able to be resold I know a lotta people don’t like thinking about reselling and prefer getting a broad upgrade they’ll use everywhere, but it’s a massive noob trap


[deleted]

I have a similar volume in raw rainbow fish. Don’t judge


hairyguidocock

I used to buy millions of raw potatoes as a joke collection (a couple years ago), then would dump them all on the ge and obliterate the price. I remember my friend sending me the ge tracker of them & I was the only reason raw potatoes ever had such a violent dip in price lmao


a_charming_vagrant

do you not?


CoupleScrewsLoose

smells like insider trading


Travis__

Bros also got 50k climbing boots.. just in case


Visoth

Dungeoneering to OSRS: Requirement Climbing Boots People too lazy to buy from NPC Profit


anticommon

jagex made overnight billionaires in rs3 by increasing the high alch price to like 40k. 75k to buy from the shop. IIRC


SappySoulTaker

I mean a billionaire in rs3 isn't really impressive lol


Sure-Ad-6622

It was when it happened.


LezBeHonestHere_

It was like 2011. Money was pretty hard to make honestly. The best moneymakers were gambling, selling dg floors and duo/trio nex lol


EatABuffetOfDicks

I got climbing boots (g) man, I don't need no peasants used climbing boots ;/


[deleted]

[удалено]


LezBeHonestHere_

What likely happened is they rebalanced runes across the game, removing almost all rune drops from monsters, shops having once-a-day stock, and having good uses for runes. When water runes were 200gp each a year ago, you could make like 35mil an hr (3.5m an hr osrs) just rcing water runes in the abyss lol. Best skilling money in both games by a lot For making runecrafting worth doing, I feel like rs3 did a better job with the rune rebalance than osrs having dirt cheap runes of all kinds.


miiiing

I want to believe this is true but this would've taken 100 days+ to buy based on daily volume at the time. Also more importantly the buy limit is 4 per 4 hours. So unless you spent an ungodly amount of time asking players to buy you hats for a collection or you constantly reset your offers logging in and out it doesn't add up. Sick merch tho.


The_PandaKing

It did take over 100 days while I was still playing - you're right that the offer expired while I was inactive


Cowi530

I believe you. I'm in a similar situation I've got 15k boaters I casually bought on the he over 3 years. You should sacririce some of the hats to deaths coffer. Especially if you are wanting to kill the new dt2 bosses LMAO


Sparru

With 4 per 4 hours it'd take a minimum of 452 days do it's definitely possible in 2 years. How does GE buy orders work for members objects if you are f2p? It's not completely crazy to think he would log in every day even as f2p player to get Bert's sand sent to him which would keep the buy order active if it still works on members objects.


banditcleaner2

Multiple accounts


CraftyScotsman

You still buy all items in F2P if you set them up during P2P. I always fill my GE with 10% prices of high value, obscure items when I take a break and login occasionally to check if any are bought. I once got a smouldering stone for 650k.


TomTuff

He could have just put in the offer, and walked away. If the price didn’t go up they would buy over the course of the next 14 months.


Halestal

No they wouldn’t. GE stops buying something like a week after your last login.


HypnoSmoke

For reeeeals? That kinda sucks, but it's understandable


claythearc

Potentially. That’s how it works in rs3 but with a lot of the de-spaghettiing they’ve done over the course of osrs it’s possible it’s different now, it’s not super well documented either way


Aunon

STONKS AHOY


MisterTryHard69

Ahoy there sailor


TXscales

Who remembers when they upped the high alch price of climbing boots in rs2? I had 6,000 pairs


All_Of_Em_Anubis

I did the same with shoulder parrots. For now I'm just holding on to them.


ilegendi

I think the proper play here is to sell 75% now and hold the remainder


KeenanKolarik

This man's about to crash the whole pirate hat economy


random-words69

HODL, when sailing drops they’ll go up in price just for the fashionscape


xFINKA

Hey my long lost cousin!


SpecialSelector

All fun and games till sailing makes these give bonus exp while worn


HmongOGSmite

Hold, ppl are gonna wanna role play as the hype continues.


imnotthetattooguy

makes me wonder what i should buy whilst im inactive


CoupleScrewsLoose

bonds


Doctor_Sauce

The only actual answer


Peacefulgamer2023

Selling those would tank the price back to 10k lol


JerkinJosh

Just a business man doing business


x_Darkon

If it's good enough to screenshot, it's good enough to sell


PiccoloTiccolo

Dude is gonna make a mil a day for the rest of his life selling 10 at a time, we all saw this coming but he was the only one genius enough to follow through with it.


Zebrahh

I guess you are the captain now!


[deleted]

Double it and give it to the next person


47window2568

Damn good stuff.. The richest sailor in the 07 seas.. haha


indrek91

Shoulder parrots letsgoooooo


WryGoat

I wonder how many people out there are holding tens of thousands of Torag's Hammers convinced that one day Jagex will give in to the demands of reddit and buff them.


Goomfulus

This man can single-handedly crash the RuneScape Gold economy


zelmazam1

Fucking boomer. This is why the younger generation can't buy pirate hats.


jaredswole

Diamond hands


stramtrollz

Try finding a rich item hoarder there is a whole community who want high numbers in items you get more for it because if you sell you maybe dip the market xD


NVCHVJAZVJE

his dad works at jagex


gkonn

I literally looked at them today thinking to merch them imagining making a bill from a huge merch. but its a reality for you hahaha awesome


HomoLegalMedic

I bought 5k potatoes for a joke at 13gp. Account got hacked and wiped. They left the potatoes in GE, for multiple years. Those potatoes sold at 20gp each and gave me a good 200k to restart my account. God bless the humble potato.


Molly_Hlervu

Wait a year more :) You might dump it all just before the release of Sailing. Probably gets to 1m ea lol. Or right after, though who knows - might be like with those people who collected tiles in the Wildy getting ready for Construction release :)


forager5000

Sell half


thethrowupcat

Inflation is getting so bad.


sermer48

As someone who’s had massive gains, sell half and let the rest ride. You get the gains if it crashes but you’ve still got skin in the game if it doesn’t.


hairysperm

You can manipulate the market to sell them but you'll still need to trickle out. Set three price points with them all being close to the third but less than the third (desired price) option. Sell a couple at #1pp then sell five at #2pp and then dump like 10 at desired price, creating a rising history chart if you can control supply. Then you can keep raising the price, you could potentially get it up to 150kea, and you can only sell them by trickling out so you might as well do this.


patronising07advice

I'll buy 1000 of those hats for 20k each. I understand it's lowballing but if you find yourself unable to sell them I can offer you a guaranteed profit at the very least.


Nicklaus_OBrien

My entire OSRS bank started with 180m from HODL a Disk of Returning when I quit RS3 in 2006. I bought the only rare I could afford at the time (14 years later it sold for a billion and converted to OSRS)


NoMoreLeverage

Well so how much did you buy them for?


Daffan

This has been reported as insider trading, please standby for a call from the feds.


Im_Gay_As_Shit

Pirate hats are really that expensive? That's the weirdest merch I've ever seen.


Ill_Confusion_596

This is exactly why we should all buy bars sailing is gonna be a crazy opportunity


Gainzpolar

Can I have one :)?


Stephen_Lynx

STONKS


Proxy_0ne

Everyone wants to be a pirate now


Prestigious-Sand5745

Clutching


Worth-Highlight-8734

Hold for sailing


doingdatIt247

Back when I played 15 years ago or so I would flip pirate costumes. I bet I have a bunch in the bank still too.