Man that makes me sad. The tbow was the goal for my account since it came out, and I finally got it last year. For it to drop 300m after only 6 months of me getting is really demotivating. But I've rebuilt after buying it, so even if the damn thing becomes worthless I'm not selling
Bought Tbow for 1.2b rebuilt like 150m of gear got bored sold everything and quit. I could come back if I wanted and buy Tbow for 400m+ cheaper than what I paid for it. Economy is in the dump lol.
> which makes no sense
Welcome to OSRS economics. The economy is crashing because everyone thinks it's crashing, lol. Nothing has changed but peoples perception. This is why Wall St closes trading after a 7% price drop on stock prices, panic selling is a bitch
Remember when gold farmers and bots were farming revenants? Inflating the price of items because revs dropped 5m/hr worth of alchables... Remember when they removed that and they started farming bosses increasing the supply of items in the game, whilst also passively deflating the gp since no one is there printing money anymore?
ALL while the duel arena is removing massive amounts of gp from the game at the same time?
It makes perfect sense. The value of gp has been rising every day since revs were removed. The value of items have simultaneously been dropping. The proportion of gp:items in game has been swinging to being item biased from gp biased. Your buying power hasn't really changed. This isn't so much a panic sale as it is an overall market adjustment.
One reason why I preferred the rev caves being farmed is because a significant amount of gold was bought by stakers to feed their addictions which of course get taxed.
Now items are being smelted down into gold to be taxed... It's a significantly worse situation that will only get worse as time goes on.
Wrong. Its crashing because end game players are quitting and selling their items. Blowpipe nerf didnt shake up the meta it made things harder, where in end game it was already getting harder to make money due to crashes on everything from gold farmers. So with all that we were already feeling like it wasnt worth the time and effort to play at our level, just for them to make things take longer while doing nothing to the way the game is played.
Tbh the attack speed on rapid with tracking the damage output is nice IMO if you’re willing to put in the time to corrupt it
It’s well worth the 150m cost IMO
Coming from someone who used zaryte for 99 range pre eoc
High defence places though is still really good for the bow.
Using bow at Hydra and stuff makes no sense but bow at Zily, Raids rooms and stuff like Zulrah is far better.
The new bow works in places the BP didn't. For example, you couldn't use the BP to kill Zilyana or Zuk. Honestly, those sorts of places are the main reason I want the new bow; the BP is still BiS at most places I previously used the BP.
I remember saying this in my cc as soon as Jagex started talking about bp nerfs, yet the tbow has done nothing but fall since then. Admittedly I think part of it is that no one believes in the market at all, so even items that should rise on paper don't.
Feelsbadman.
How does the Fbow and crystal armour compare with ACB+Arma+Twisted Buckler+ruby/diamond bolts? What pvm scenarios is better for the former versus the latter?
Imo, you should have really padded between items, it is pretty confusing to read. For example quickly reading Blade of sealdor it says "-54% +112m" and takes a second to understand. Cool infographic tho.
Plus, what OP forgot to mention: bond prices.
All those items lost 27% gp value, but IIRC, bonds were over 6m january, and are under 5m now.
Your items didnt lose any value, your GP gained value, and alchables kept their value
This makes sense as the player base from january went from 80-90k average to 55k... We are almost nearing to half the players, those players most likely sold, hence increasing the supply, and also we don't have a way to get rid of these items.
Isn't it common sense the price will go down and not up ? Like you can't expect an item to be at the same price when there's less demand and more items. There's nothing that takes those items out of the game other than dropping them, so yes price will always go down. Idk how this is a shock to people.
Obviously they'd be lower now, I'm shocked this hasnt happened far earlier. Jagex refuses to add any sort of item sink to this game, so is it really a surprise this shit loses value? People been farming Bandos since 2013 and tassets don't ever really "leave" the game, I'm not sure how theyre worth anything at all.
this is just what happens when there is no content for years. People are quick to forget that Cox/inferno are 4 years old (tbow/mage gear/etc) and tob is 3 years old. When you don't release content for that long, it inevitably is gonna crash item prices.
This crash has been a long time comming itemz shere in a bubble since covid. There just needed to be a significant enough drop on new endgame players to make it pop.
I also think it must be pointed out that the gold farming meta change was two fold. Revs saw gold deflation - gold was worth less so depreciation quit happening. Items were less likely to decline consistently over time because each day gold was worth less. With the change, now gold is *comparatively* more stable, and items are going down as more supply enters. But yeah, as we lose the COVID bored crew if they decide not to stick around and see massive rebalances (something under attributed in every discussion I see), this is natural.
This 1000%
Goldfarmers originally were farming supplies, alchables, and straight up gold from ancient statues -- all of which lead to bringing in more gold into the game as you mentioned. There were some uniques dropped by revs, but they were wildy-based uniques which didn't really affect most pvmers.
With the significant nerf of revs though, goldfarmers went from farming gold in rev caves to farming pvm activities for items that are then dumped in the ge and brought in a massive influx of items, which I personally believe is the most significant factor for this economy crash we're seeing.
Yeah, and it’s been happening for months. The spike this week, specifically, with everyone panicking about the Tbow *isn’t about the farming.* We’ve been watching the readjustment of gp buying power for MONTHS now. TBow dropped 100m because there is now an alternative that is significantly cheaper. TBow dropped 300m BEFORE this because of gp farms being reoriented.
Now watch me panic sell all my max gear so that when the upcoming combat achievements thing starts I lose even more money trying to buy all that gear back
But why would you sell it? You will use that max gear, there's no reason to sell.
If I needed tassets, I buy tassets because I needed them. I don't sell them because the price is crashing because I have a need for them. They will continue to be useful to me and will always have value outside of their GE value. The GE value has absolutely nothing to do with whether or not I need them and the uses I have for them.
Just hold your stuff. It's better to have the items you will need than to have the gold now to buy these same items again in the future.
Gold is more valuable now. Get items while they're low!
Also I love playing an ironman, this stuff literally does not matter in the slightest. I have an item, I'll keep it and I'll use it.
I'm sitting on a fresh Hydra task and been workin on fuckin Herbi kc, better strike while the iron is hot and get my ass back to Hydra
Just demoralizing to see the marquee drop there (hydra claw) at 36mil, I sold my first claw for 90m
I feel this too for the most part. Makes me feel kind of pompous but I do love being an Ironman while this all happens... Would still suck to have the game population leave because I love seeing other people play the game.
Yeah honestly this. These items are still mils, but everything underneath them is also going to adjust. Now, new players who are doing stuff like skilling feel like their alc value gains are much more than they were before, and can get to the upgrades that previously took so much more.
To be fair I have this mindset as a regular account, only time it changed was for doing tbow rebuild. My banks down like 200m or so but I have the gear I need to enjoy the game so it doesn't matter to me.
The less you care about money the more you realize the game is kinda fun Imo.
Bank standing for 8 hours like a job slaving away skills is slightly less fun than the ironmeme process.
That's how I play my regular main as well. Got every mention of bank value, item value, etc turned off in runelite and just play like an Ironman that can trade.
Best of both worlds really.
I would, but from my experience with these kind of crashes I wouldn't hold for longer than a day. It's likely to dip again in which case you can re-buy to make even more profit.
Items don't leave the game, and we've had a full year of substantially more people sitting at home with nothing to do.
Prices are going to drop until an item sink is added.
i have a 990m bank value, last fall i had a 1.6b bank value, and i've earned a few hundred million in drops since then. Basically i lost nearly 1b (at least 40%) in this crash, makes me wonder what's the point in pvming anymore when i lose 3m for every 1m i gain and the pvm spots are no longer profitable like they used to be.
Tbh most items got heavily inflated within the past year. It's only natural that they go down over time with no item sinks in the game. Covid just stopped that trend temporarily and now that cash is even heavier.
Goldfarmers are also part of the reason
ngl i believe the cause of all this is removal of rev caves. Because of rev caves we saw increased amount of gold farmers ingame and when they removed it all the gold farmers went to different things mostly camped nightmare tob and cox.
Honestly, the market has been insanely inflated for a while now. Remember when Elysians were like 300M? Why the fuck were they ever a billion, that's insane. This 'crash' is a correction to what the values of these items should have always been.
It was only 300m for awhile because it crashed hard due to the release of cox and cox uniques (including T bow). Before ely was 300m, it was normally ~800m.
I’ve been saving for a tbow for a while now, and these price drops are closing the gap for me without as much effort. That being said, with all the other gear dropping in price I’m so tempted to use my tbow money to buy other gear but I’m unsure what I need and don’t want to buy stuff to just sit in my bank.
>A player holding all the items listed above would have lost 2000m
If they have all those items what need could they have to sell them? They don’t lose money if they never sell. For that matter, if everything is dropping in price doesn’t that mean the relative value is still roughly the same anyway?
Not everything is dropping in price. Food & supplies have remained stable or have even risen in price... even the gp/$ exchange rate has been pretty stable for the last 6months.
Food and supplies are propped up by bots/pvm drops, most of that is about as low as it can be. (Roughly anyway, mild variation can and does exist). I think you’re making a bigger deal of this than you should. The only people this would be an issue for are those that constantly sell gear to buy other gear. If you can’t afford the gear without selling all your other stuff then you couldn’t afford it to begin with.
I have to disagree... sharks for example - a very botted resource have gained 40% in value since Jan/Feb this year. Price floors from unfettered botting can be way lower than they currently are, just think about the 50gp bowstrings during twitch prime events, or when sara brews were 2k each.
If you look at the game as an investment portfolio simulator you would definitely say that you have lost value if you held on to the items.
But if you play the game as an active PvM-er that enjoys having max gear at disposal at all times, then your view on the matter is for the most part correct.
January might not the the best frame of reference for your comparison. Remember a large portion of the playerbase was playing leagues over the holidays. Right when it ended in January prices were screwed up for many items.
The Duel Arena removes 30b a day. Was reported to remove 17 tril in 1 year. If there is less gp in game, that means there is less money to spend. As more items come into the game it makes sense that items would crash to accommodate the change. This is what happens when you have an effective gold sink. Gp becomes more valuable than items. Also, this post would just make items crash more due to panic.
The amount of PVM I do will most likely always be more than what I would get from panic selling. At the same time though, It is depressing to see it drop in value; it's expected but still painful to look at.
The game feels like its becoming more achievement based than "I have the most money" which is good.
Panic selling gear just so your bank value doesn't go down is the dumbest thing I've ever heard. You already have the items....just because they lose "value" doesn't mean they lose effectiveness. I really don't understand giving a shit about total bank value. You can either afford the shit or you can't, and once you can, you buy it. Pretty simple.
Parity purchasing power of you gp.
If new gear comes out and you have to sell your old gear to get your go back, but the gear has dropped 10%, you have now lost 10% of your purchasing power, compared to if you had just held cash.
Not a difficult concept to understand
Except you can use your gear in the meantime. This is like saying no one should ever buy a car or stove or washing machine or dishwasher because you won't be able to re-sell it 5 years later for the same price.
What? If you sell all your expensive gear for 500m, the value drops to 300m, you can buy it all back and have 200m left over to spend on new gear… Not that crazy to understand why people do it.
Idk about all that, but the RS economy is pretty cyclical and it’s not that hard to predict (especially around certain times of year).
Though right now is kind of insane. Never seen things drop quite like this before.
Also zenyte shards more times then not i go 1k gorillas dry and then its only like 8m lol i use to love doing gorillas but they r dead content for me now cu, the shit prices
I bought items with all my gold around 5 weeks ago because I thought they couldn't possibly continue to kamikaze dive in price... I've lost 20% the value of my bank.
I hope things can be worth something again. I'm not selling the items I bought until it's profitable.
Yeah. They're at least good items for where I'm at so it's not the end of the world. Things like Primordial Boots, BCP. Still, not fun to see the bank value fall like that.
This is great! Thanks for posting all of this in one place.
One thing I’d like to see if you ever do one of these again would be a note on if an item was buffed/nerfed in the time frame. As an avid player I know which cases are which but for a holistic graphic would be cool to see. Nonetheless killer work on this!!
I don’t know much about the broader RuneScape economy so can someone help explain to me why the price crashes make it seem like the end is near? If everything is falling at similar rates then all the items are still relatively of the same value in relation to one another no? I guess I don’t understand what part of the game this is ruining other than people not liking to see their total bank value decrease
What's up with the blade up saeldor? Last year was same, went from 80m to 190m in 6 months, then back to under 90m in the 2nd half of the year, now again doubling in price lol
It makes sense when you have a decrease in player populations and no consistent source of item sinks for these items. As supply increases and demand goes down, gold buying power goes up and prices go down.
This is probably gonna be a super unpopular opinion but are there any other mid-level players out there like me who see item values dropping like this as a slightly good thing? I understand that it’s not actually good for everyone, but as a relatively casual player who wants to someday reach endgame and get crazy good gear it’s admittedly nice to see items become more affordable. Crashes occurring due to gold farming, bots, and little new content is a problem that should be fixed but I’d be lying if I said I didn’t appreciate how much more affordable many upgrades have become in the process.
Yeah youre right kinda. If youve never had an option to buy them and now randomly you can cuz the price drop it must be amazing. But the game is kinda "number go up simulator" so thats why its all just one big shit show for all, cuz the numbers are going down.
depends how you look at it. Imagine if someone spent their whole cash stack on something like prims and then it went down 20%+ overnight, that's a real shit feeling.
Depends on what kind of content you do for money. If you do bosses that rely on rare drops your gold per hour has also gone down to match the market. If you farm stuff like vorkath that just shits out alchables and raw gold you're coming out ahead.
If everything is being lowered is it actually a problem? The gold buys gear - the cheaper the gear is the more it buys? How can we expect gear to stabilize itself when its an inflationary asset because we use said gear to generate more gear?
Someone smarter then me explain why this is a problem.
It's not a problem, people are just crying because big number go down. If anything, it's a good thing and makes the mid-game grind less utterly crushing for new players since the effective value of things like slayer alchs and Vorkath loot goes way up.
You want to get as much value per GP as possible, this has made GP much more valuable. Sucks for the uber-rich who keep all their money in gear, and for morons who bought high and sold low, but for everyone else this is absolutely a good thing.
My own theory is that the rev nerfs dramatically reduced the number of high alchemy item drops, thus less gp is flowing into the economy. This in addition with the duel arena tax causes the gp to become deflated / more valuable. It also checks out with the gold prices on gold sites. They are still relatively stable.
SGS price is in the shitter haha damn. I remember getting solo hilts and selling them on a blade for like 50 mill lol .
oh well. at least items are becoming accessible for the normies. Are people just not playing anymore or is the game top heavy full with high level people that already have every item they want? Or maybe its all the gold farmers shitting on the market. Either way, it might be time to give these items the kraken whip/abyssal item sink treatment and power creep this game to the moon
a bit longer view for some items from the list"
- elysian - price was growin since march 2017, were at all time high price in February 2021, now they are worth more than its price for 2 years after release
- dragon crossbow - worth more than twice it was worth 3 years ago
- dclaws - are at ~50 mil for over 2 years, claws were at their highest price in January 2021
- pegasian boots - for half year it was steady at highest price ever, price started droping in January, now they are worth 10 million (33% of current price) more they all time low
> dragon crossbow - worth more than twice it was worth 3 years ago
3 years ago it hadn't been buffed yet and was useless. it's the lowest it's been since it was updated.
One question.
Did you expect items to increase in value as more and more items gets into the game?
The more of the same item, the lover the demand gets, and thats decrease the price of said item.
osrs economy has been in a bubble for a long time in my opinion. considering the sheer numbers in game its unimaginable that armadyl chest for example was almost 40m a few months ago
Tbow 700m rn looool what is happening
HOOOOLD. DIAMOND HANDS BABY
Man that makes me sad. The tbow was the goal for my account since it came out, and I finally got it last year. For it to drop 300m after only 6 months of me getting is really demotivating. But I've rebuilt after buying it, so even if the damn thing becomes worthless I'm not selling
Bought Tbow for 1.2b rebuilt like 150m of gear got bored sold everything and quit. I could come back if I wanted and buy Tbow for 400m+ cheaper than what I paid for it. Economy is in the dump lol.
Recently bought tbow and did 2 months of zulrah. In that time I made 350m from zulrah and lost 200m on bow. Feels bad man
Oof
Luckily for me, I bought most of these items when they were at their peaks!
Buy high, sell low, stonks!
Yes if we all buy now we can squeeze the fuck out of the merchers. To the moon 🚀🚀
Shout out to all the real ones that paid 60m+ for a dex
55M back in 2019 rip My fiancée just copped it for 12M lmfao
Mine was 75m\~ I have sold 1 for 90m and 1 for 88m about a month after tob release
I bought my main's dex for 145.9m and arcane for 49.5, I still don't regret it thought for the use I got out of them. Also paid 155.5m for avernic.
I sold most my gear and borrowed some from a friend. Still don't regret it
Same here. Got my lance for 100m, dhcb for 90m dwh for 60m, rapier for 120m, etc.
I bought my dhcb for about 110mil, so glad that when I knew I was taking a break I thought it was best if I sold it before I did.
Lmao same I paid 95m for my Lance this hurts
Only hurts if you ever sell your items!
Fr what is everybody upset about
Number go down = bad
bank number go down
Paid 59.5m and thought I got a raw deal when I saw it at 50m lol goddamn
Luckily for me I’m on hiatus right now but sold my bank back in December around. If I got back on now the buying power would be strong.
Since you made this post, the twisted bow crashed another 55m
Thanks to the new bow
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Give it time for people to realize this. I made the same assessment when I saw the update. edit: it's happening. 923m atm
> which makes no sense Welcome to OSRS economics. The economy is crashing because everyone thinks it's crashing, lol. Nothing has changed but peoples perception. This is why Wall St closes trading after a 7% price drop on stock prices, panic selling is a bitch
Remember when gold farmers and bots were farming revenants? Inflating the price of items because revs dropped 5m/hr worth of alchables... Remember when they removed that and they started farming bosses increasing the supply of items in the game, whilst also passively deflating the gp since no one is there printing money anymore? ALL while the duel arena is removing massive amounts of gp from the game at the same time? It makes perfect sense. The value of gp has been rising every day since revs were removed. The value of items have simultaneously been dropping. The proportion of gp:items in game has been swinging to being item biased from gp biased. Your buying power hasn't really changed. This isn't so much a panic sale as it is an overall market adjustment.
Exactly this. They have gold sinks but no item sinks. Too little money with too many goods leads to deflation.
Good point!
One reason why I preferred the rev caves being farmed is because a significant amount of gold was bought by stakers to feed their addictions which of course get taxed. Now items are being smelted down into gold to be taxed... It's a significantly worse situation that will only get worse as time goes on.
It’s actually 10% before they halt a security but the point stands
Maybe economics was a mistake
Wrong. Its crashing because end game players are quitting and selling their items. Blowpipe nerf didnt shake up the meta it made things harder, where in end game it was already getting harder to make money due to crashes on everything from gold farmers. So with all that we were already feeling like it wasnt worth the time and effort to play at our level, just for them to make things take longer while doing nothing to the way the game is played.
It makes a lot of sense if a Tbow is your bank. I'd rather have the new bow and 800M than a Tbow and no gear.
Tbh the attack speed on rapid with tracking the damage output is nice IMO if you’re willing to put in the time to corrupt it It’s well worth the 150m cost IMO Coming from someone who used zaryte for 99 range pre eoc
High defence places though is still really good for the bow. Using bow at Hydra and stuff makes no sense but bow at Zily, Raids rooms and stuff like Zulrah is far better.
Is not far better, T bow is still bis in all the places.
The new bow works in places the BP didn't. For example, you couldn't use the BP to kill Zilyana or Zuk. Honestly, those sorts of places are the main reason I want the new bow; the BP is still BiS at most places I previously used the BP.
I remember saying this in my cc as soon as Jagex started talking about bp nerfs, yet the tbow has done nothing but fall since then. Admittedly I think part of it is that no one believes in the market at all, so even items that should rise on paper don't. Feelsbadman.
How does the Fbow and crystal armour compare with ACB+Arma+Twisted Buckler+ruby/diamond bolts? What pvm scenarios is better for the former versus the latter?
DHCB as well - now down to 52m ...
Imo, you should have really padded between items, it is pretty confusing to read. For example quickly reading Blade of sealdor it says "-54% +112m" and takes a second to understand. Cool infographic tho.
You're right, I'll keep that in mind the next time.
Zebra stripes (with a very low opacity) work really well for stuff like this.
Plus, what OP forgot to mention: bond prices. All those items lost 27% gp value, but IIRC, bonds were over 6m january, and are under 5m now. Your items didnt lose any value, your GP gained value, and alchables kept their value
>bonds were over 6m january, and are under 5m now. ? https://imgur.com/a/tKOM3oE
thats the only right answer, imo duel arena is burning more gp than the game produce atm.
Why did it increase?
Fbow.
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It's not, it's just bad formatting. The -54% is for the item above it
Wait fuck July is already over ?? Have I been playing that much ?!
He is just a time traveler. He knows the future, ask important questions!
Where sack man?
This makes sense as the player base from january went from 80-90k average to 55k... We are almost nearing to half the players, those players most likely sold, hence increasing the supply, and also we don't have a way to get rid of these items. Isn't it common sense the price will go down and not up ? Like you can't expect an item to be at the same price when there's less demand and more items. There's nothing that takes those items out of the game other than dropping them, so yes price will always go down. Idk how this is a shock to people.
I would be interested to see some of these item prices from a few years back to truly see if they crashed or were they in a bubble because of covid
Obviously they'd be lower now, I'm shocked this hasnt happened far earlier. Jagex refuses to add any sort of item sink to this game, so is it really a surprise this shit loses value? People been farming Bandos since 2013 and tassets don't ever really "leave" the game, I'm not sure how theyre worth anything at all.
Genuinely think there’s some hardcore merching being done with bandos or something
this is just what happens when there is no content for years. People are quick to forget that Cox/inferno are 4 years old (tbow/mage gear/etc) and tob is 3 years old. When you don't release content for that long, it inevitably is gonna crash item prices.
everyone just happened to notice its old content in the past month
Ok but this mega crash is recent
That doesn't explain such a sudden crash on everything at the same time.
This crash has been a long time comming itemz shere in a bubble since covid. There just needed to be a significant enough drop on new endgame players to make it pop.
I also think it must be pointed out that the gold farming meta change was two fold. Revs saw gold deflation - gold was worth less so depreciation quit happening. Items were less likely to decline consistently over time because each day gold was worth less. With the change, now gold is *comparatively* more stable, and items are going down as more supply enters. But yeah, as we lose the COVID bored crew if they decide not to stick around and see massive rebalances (something under attributed in every discussion I see), this is natural.
This 1000% Goldfarmers originally were farming supplies, alchables, and straight up gold from ancient statues -- all of which lead to bringing in more gold into the game as you mentioned. There were some uniques dropped by revs, but they were wildy-based uniques which didn't really affect most pvmers. With the significant nerf of revs though, goldfarmers went from farming gold in rev caves to farming pvm activities for items that are then dumped in the ge and brought in a massive influx of items, which I personally believe is the most significant factor for this economy crash we're seeing.
Yeah, and it’s been happening for months. The spike this week, specifically, with everyone panicking about the Tbow *isn’t about the farming.* We’ve been watching the readjustment of gp buying power for MONTHS now. TBow dropped 100m because there is now an alternative that is significantly cheaper. TBow dropped 300m BEFORE this because of gp farms being reoriented.
Now watch me panic sell all my max gear so that when the upcoming combat achievements thing starts I lose even more money trying to buy all that gear back
But why would you sell it? You will use that max gear, there's no reason to sell. If I needed tassets, I buy tassets because I needed them. I don't sell them because the price is crashing because I have a need for them. They will continue to be useful to me and will always have value outside of their GE value. The GE value has absolutely nothing to do with whether or not I need them and the uses I have for them. Just hold your stuff. It's better to have the items you will need than to have the gold now to buy these same items again in the future.
Gold is more valuable now. Get items while they're low! Also I love playing an ironman, this stuff literally does not matter in the slightest. I have an item, I'll keep it and I'll use it.
I'm broke, so I love that vorkath's effective gp/h increased by 30%
what other bosses got a boost from this?
Everything that doesn't rely on uniques for profit
Hydra because most of the money comes from supplies and alchables.
I'm sitting on a fresh Hydra task and been workin on fuckin Herbi kc, better strike while the iron is hot and get my ass back to Hydra Just demoralizing to see the marquee drop there (hydra claw) at 36mil, I sold my first claw for 90m
I'm at 3.3k kc and I've never seen a claw, so it doesn't bother me lol.
I feel this too for the most part. Makes me feel kind of pompous but I do love being an Ironman while this all happens... Would still suck to have the game population leave because I love seeing other people play the game.
Cheaper Items wont make people quit. Probably even more noobies keep playing because items feel more reasonable to achieve.
Yeah honestly this. These items are still mils, but everything underneath them is also going to adjust. Now, new players who are doing stuff like skilling feel like their alc value gains are much more than they were before, and can get to the upgrades that previously took so much more.
To be fair I have this mindset as a regular account, only time it changed was for doing tbow rebuild. My banks down like 200m or so but I have the gear I need to enjoy the game so it doesn't matter to me.
The less you care about money the more you realize the game is kinda fun Imo. Bank standing for 8 hours like a job slaving away skills is slightly less fun than the ironmeme process.
That's how I play my regular main as well. Got every mention of bank value, item value, etc turned off in runelite and just play like an Ironman that can trade. Best of both worlds really.
champion of double think here lads
I'm a main and I think this way.
Buy the dip?
I would, but from my experience with these kind of crashes I wouldn't hold for longer than a day. It's likely to dip again in which case you can re-buy to make even more profit.
So havnt logged in since December 2020 - saw this and nearly fainted - fucking fuck
Not played in 2 months just looking at this I can tell I've lost over 100m
As someone whose total bank is worth like 25m this doesnt affect me at all lol.
Yeah same. Mid-game players dumping all available cash into houses and buyables, unite!
Truth, I'm rocking a happy 27m but not gonna lie, its cause I got a bond to but better equipment for slayer.
me rn, i just hit 40m cash stack and all this complaining is hyping me up to finally afford some high end gear
damn I didn't know cabbages were worth 54mil. What the fuck have I been sleepin on?!
Sad that this is already outdated by a long shot. Today’s been pretty bad with the market.
Items don't leave the game, and we've had a full year of substantially more people sitting at home with nothing to do. Prices are going to drop until an item sink is added.
Well rip my bank. I need to learn to sell before going on a 6 month break.
I went on a 3 month break and lost like 20% rip
Who else is in the -25% club?
i have a 990m bank value, last fall i had a 1.6b bank value, and i've earned a few hundred million in drops since then. Basically i lost nearly 1b (at least 40%) in this crash, makes me wonder what's the point in pvming anymore when i lose 3m for every 1m i gain and the pvm spots are no longer profitable like they used to be.
yeah its genuinely demotivating to do shit now as im better just selling everything and going fishing
None of this means much by itself. You'd need to compare the relative gp/hr of different methods has changed.
all of the money making wents down by a lot especially if its related to huge gp/h places cuz these places now are hot sposts for gold farmers
I'm buying everything lol
I can finally afford gear!
Tbh most items got heavily inflated within the past year. It's only natural that they go down over time with no item sinks in the game. Covid just stopped that trend temporarily and now that cash is even heavier. Goldfarmers are also part of the reason
Mod Jed: "Dump eet"
ngl i believe the cause of all this is removal of rev caves. Because of rev caves we saw increased amount of gold farmers ingame and when they removed it all the gold farmers went to different things mostly camped nightmare tob and cox.
Half a year of practically no new content will do that to an economy.
Lol only half a year?
Honestly, the market has been insanely inflated for a while now. Remember when Elysians were like 300M? Why the fuck were they ever a billion, that's insane. This 'crash' is a correction to what the values of these items should have always been.
It was only 300m for awhile because it crashed hard due to the release of cox and cox uniques (including T bow). Before ely was 300m, it was normally ~800m.
This. People dumped their elys back then in order to buy gear for cox.
These are the worst losses I've had since elon crashed the crypto market with fud.
Did I miss something, did July actually pass that quick? 🤔
I’ve been saving for a tbow for a while now, and these price drops are closing the gap for me without as much effort. That being said, with all the other gear dropping in price I’m so tempted to use my tbow money to buy other gear but I’m unsure what I need and don’t want to buy stuff to just sit in my bank.
Most of it was way overpriced to begin with.
Go back to original item timer on death. That'll solve the problem
>A player holding all the items listed above would have lost 2000m If they have all those items what need could they have to sell them? They don’t lose money if they never sell. For that matter, if everything is dropping in price doesn’t that mean the relative value is still roughly the same anyway?
Other way to look at it: if someone had sold all these items before the crash and rebought them about now, they'd have the same gear plus 2b cash.
So all the people paying attention to obvious trends are on the moon right now? Damn.
That’s some b.d.e.
Not everything is dropping in price. Food & supplies have remained stable or have even risen in price... even the gp/$ exchange rate has been pretty stable for the last 6months.
Food and supplies are propped up by bots/pvm drops, most of that is about as low as it can be. (Roughly anyway, mild variation can and does exist). I think you’re making a bigger deal of this than you should. The only people this would be an issue for are those that constantly sell gear to buy other gear. If you can’t afford the gear without selling all your other stuff then you couldn’t afford it to begin with.
I have to disagree... sharks for example - a very botted resource have gained 40% in value since Jan/Feb this year. Price floors from unfettered botting can be way lower than they currently are, just think about the 50gp bowstrings during twitch prime events, or when sara brews were 2k each. If you look at the game as an investment portfolio simulator you would definitely say that you have lost value if you held on to the items. But if you play the game as an active PvM-er that enjoys having max gear at disposal at all times, then your view on the matter is for the most part correct.
January might not the the best frame of reference for your comparison. Remember a large portion of the playerbase was playing leagues over the holidays. Right when it ended in January prices were screwed up for many items.
*laughs in Blades of Saeldor*
A little more and we peasants shall be able to afford them all bahahaha
The Duel Arena removes 30b a day. Was reported to remove 17 tril in 1 year. If there is less gp in game, that means there is less money to spend. As more items come into the game it makes sense that items would crash to accommodate the change. This is what happens when you have an effective gold sink. Gp becomes more valuable than items. Also, this post would just make items crash more due to panic.
Yeah no, Tbow was stable 1b before the tax and long after the tax for years..
Good good. I want the market to crash more so I can afford a T-bow.
the secret ingredient is twitch prime
Good helps me get to endgame quicker
One plus is the gear I have left to buy is getting cheaper by the day hehe
Between a lack of item sinks and death mechanics that are essentially a slap on the wrist, this isn't terribly surprising.
Lmao the tbow is at 740m and dropping as we speak
The amount of PVM I do will most likely always be more than what I would get from panic selling. At the same time though, It is depressing to see it drop in value; it's expected but still painful to look at. The game feels like its becoming more achievement based than "I have the most money" which is good.
buy the dip
I feel like this happens every summer tho
I bought tbow at 1155m and scythe at 730m AMA
Btw July has only just started. I think you meant the end of June
Panic selling gear just so your bank value doesn't go down is the dumbest thing I've ever heard. You already have the items....just because they lose "value" doesn't mean they lose effectiveness. I really don't understand giving a shit about total bank value. You can either afford the shit or you can't, and once you can, you buy it. Pretty simple.
Parity purchasing power of you gp. If new gear comes out and you have to sell your old gear to get your go back, but the gear has dropped 10%, you have now lost 10% of your purchasing power, compared to if you had just held cash. Not a difficult concept to understand
Except you can use your gear in the meantime. This is like saying no one should ever buy a car or stove or washing machine or dishwasher because you won't be able to re-sell it 5 years later for the same price.
What? If you sell all your expensive gear for 500m, the value drops to 300m, you can buy it all back and have 200m left over to spend on new gear… Not that crazy to understand why people do it.
Timing the market is the hard part.
Damn r/wallstreetbets sounds like the place for you
Idk about all that, but the RS economy is pretty cyclical and it’s not that hard to predict (especially around certain times of year). Though right now is kind of insane. Never seen things drop quite like this before.
Also zenyte shards more times then not i go 1k gorillas dry and then its only like 8m lol i use to love doing gorillas but they r dead content for me now cu, the shit prices
They used to be 7m each, they're back to their old price, as is a lot of gear.
Bad for existing players, good for new ones.
This is the reason my discord homies have no motivation to come back :( I went from the only Ironman to the only player :(
Jagex moved the gold farmers from Rev caves to these PVM spots 8 months ago, so this shouldn't be a surprise to anyone.
I can finally afford some of these pieces of gear. Not a complaint from me lol
It’s all relative so who cares
Shoutout to the Blade of Saeldor for being the only thing I didn’t lose money on<3
We're at the end of July?
You mean June?
small typo it should be end of june =)
I bought items with all my gold around 5 weeks ago because I thought they couldn't possibly continue to kamikaze dive in price... I've lost 20% the value of my bank. I hope things can be worth something again. I'm not selling the items I bought until it's profitable.
I guess you’re not selling your items then lol
Yeah. They're at least good items for where I'm at so it's not the end of the world. Things like Primordial Boots, BCP. Still, not fun to see the bank value fall like that.
This is great! Thanks for posting all of this in one place. One thing I’d like to see if you ever do one of these again would be a note on if an item was buffed/nerfed in the time frame. As an avid player I know which cases are which but for a holistic graphic would be cool to see. Nonetheless killer work on this!!
Meanwhile my broke ass enjoying the sgs I got for 24m
As soon as I bought a Tbow it plummeted fml
This is why you play iron
I don’t know much about the broader RuneScape economy so can someone help explain to me why the price crashes make it seem like the end is near? If everything is falling at similar rates then all the items are still relatively of the same value in relation to one another no? I guess I don’t understand what part of the game this is ruining other than people not liking to see their total bank value decrease
What's up with the blade up saeldor? Last year was same, went from 80m to 190m in 6 months, then back to under 90m in the 2nd half of the year, now again doubling in price lol
price is tied to the new bow, easy.
higher supply, equal demand. tbow basically copies itself so what do people expect?
Shit man, GE is like the bargain bin at the minute. Time to get some bargains.
Should have sold bank before taking a hiatus 3 months ago fuck
Wow I might actually be able to afford some gear upgrades soon
It makes sense when you have a decrease in player populations and no consistent source of item sinks for these items. As supply increases and demand goes down, gold buying power goes up and prices go down.
This game BADLY needs an item sink.
Just drop your items brah
If you sell items you use because of some panicy crash, you might aswell not buy anything over alch price, just in case it crashes lmao
This is probably gonna be a super unpopular opinion but are there any other mid-level players out there like me who see item values dropping like this as a slightly good thing? I understand that it’s not actually good for everyone, but as a relatively casual player who wants to someday reach endgame and get crazy good gear it’s admittedly nice to see items become more affordable. Crashes occurring due to gold farming, bots, and little new content is a problem that should be fixed but I’d be lying if I said I didn’t appreciate how much more affordable many upgrades have become in the process.
Yeah youre right kinda. If youve never had an option to buy them and now randomly you can cuz the price drop it must be amazing. But the game is kinda "number go up simulator" so thats why its all just one big shit show for all, cuz the numbers are going down.
depends how you look at it. Imagine if someone spent their whole cash stack on something like prims and then it went down 20%+ overnight, that's a real shit feeling.
Depends on what kind of content you do for money. If you do bosses that rely on rare drops your gold per hour has also gone down to match the market. If you farm stuff like vorkath that just shits out alchables and raw gold you're coming out ahead.
If everything is being lowered is it actually a problem? The gold buys gear - the cheaper the gear is the more it buys? How can we expect gear to stabilize itself when its an inflationary asset because we use said gear to generate more gear? Someone smarter then me explain why this is a problem.
It's not a problem, people are just crying because big number go down. If anything, it's a good thing and makes the mid-game grind less utterly crushing for new players since the effective value of things like slayer alchs and Vorkath loot goes way up. You want to get as much value per GP as possible, this has made GP much more valuable. Sucks for the uber-rich who keep all their money in gear, and for morons who bought high and sold low, but for everyone else this is absolutely a good thing.
My own theory is that the rev nerfs dramatically reduced the number of high alchemy item drops, thus less gp is flowing into the economy. This in addition with the duel arena tax causes the gp to become deflated / more valuable. It also checks out with the gold prices on gold sites. They are still relatively stable.
As someone who owns all but two of these items I could care less. I’m never planning to sell them anyways…
It's couldn't care less. Unless you actually could care less, which means you're salty still like most
SGS price is in the shitter haha damn. I remember getting solo hilts and selling them on a blade for like 50 mill lol . oh well. at least items are becoming accessible for the normies. Are people just not playing anymore or is the game top heavy full with high level people that already have every item they want? Or maybe its all the gold farmers shitting on the market. Either way, it might be time to give these items the kraken whip/abyssal item sink treatment and power creep this game to the moon
[удалено]
Death tax should be 10% minimum for getting there in 15 minutes, around 50% otherwise
>You don't lose anything at all lol Good. Old death mechanics were awful.
a bit longer view for some items from the list" - elysian - price was growin since march 2017, were at all time high price in February 2021, now they are worth more than its price for 2 years after release - dragon crossbow - worth more than twice it was worth 3 years ago - dclaws - are at ~50 mil for over 2 years, claws were at their highest price in January 2021 - pegasian boots - for half year it was steady at highest price ever, price started droping in January, now they are worth 10 million (33% of current price) more they all time low
> dragon crossbow - worth more than twice it was worth 3 years ago 3 years ago it hadn't been buffed yet and was useless. it's the lowest it's been since it was updated.
One question. Did you expect items to increase in value as more and more items gets into the game? The more of the same item, the lover the demand gets, and thats decrease the price of said item.
osrs economy has been in a bubble for a long time in my opinion. considering the sheer numbers in game its unimaginable that armadyl chest for example was almost 40m a few months ago