RS Gold officially screwed?

[Dodge]

I remember when street price on any site was $1.50-$2

Now...

Sad part is, these sellers are selling for $.40-$.50/m; however, they are only getting paid out $.30-$.40/m

Thoughts? Predictions?

 

[Regicidal]

RE: RS Gold officially fucked?

Click the 2b tab and sort by lowest, people are going 20 cent now, economy is fucked.

 

[Reverb]

RE: RS Gold officially fucked?

It's a game, what do you expect?

I've been selling gold at those prices for several months.

 

[Kill_Joy]

More bots = more money. Can't really do anything.. I've made my money i'm happy. A long time ago i spent 13$ for 5m..

 

[Marcus]

Wow. 20 cents a mil for 2b! damn.

 

[Communication]

Supply is outweighing the demand, not much you can do about it.

 

[Apollo_mybb_import19353]

It's nothing to do with supply and demand. There's many markets in real life that have more supply than demand.

Diamonds are an example.

But the difference is the diamond market isn't run by a bunch of idiotic kids who keep undercutting each other. They all mimic each others prices cause they know what happens if one started getting cheaper, it chain reacts into what you're seeing in RS today.

People see everyone selling at $1, so he comes in at .95 thinking minor loss. Then it snowballs from there to what you have now.

It's maintained at 0.50 for a while cause these guys may be dumb, but even they know it's getting stupid. Collectively we could get it back up. The people will have to pay whatever the price is, they don't get to decide. What has decided it is everyone on RS is just out to fuck over the other, even at their own long term expense.

What can you do.

 

[Tyler-]

Back in 07 it was like $5 a mil

 

[oHvHo]

i mean.... in a way yes haha but its always cheapest to do things for others for rsgp rather than buying it.... or hacking it like most people do on this forum... ive seen people sell rsgp for as low as 0.2$ a mill

 

[Chewbaka]

If this update goes as planned, gold will bounce back due to the immense loss of gold farmers.

 

[Terrio]

Gold will ski rocket
The rich get richer and the poor get poorer

-I'm not rich on RS so yee =(