07GP price tanking? Discuss

Thoughts on 07GP price recently?

Why is it dropping so quickly?

What will it's future be?

 

could go to 25-30c a mil by this time next year?

 

Bogla and Arcus had to close their website and venezuelans + stakers etc. panic sold their gold to other sites, users.

 

Gold is going to keep slowly dropping as making money ingame becomes easier.

 

Same thing that has happened to RS3 will happen to OSRS, its inevitable.

 

what's the lowest rates you guys have seen this week? I've bought/sold sub .50c for a month or two now.

 

This makes no sense at all. They just seek for new buyers, enough around. No need to panic sell suddenly. Remember these people are depending on gold sales to buy life needs, they are not going to dump this at a discount.

Indeed! For years and years now prices are declining. To back this up a bit here's China's buying price since May in €:



Cheers!

 

Yeah, I've been buying for .47 recently, selling around .44

 

Literally this. Also the need for gold is declining as the game is becoming more bot based than player based.

 

Yeah it's going down fast. OSRS having a real economy makes the game a lot of fun. It will be interesting to see what the game will be like once it hits a rs3 economy. The prices at alch.com really surprised me by how low they are.

 

Pretty sure bots are still making like 20m/hr from the new BH? That could be a factor.

 

Daang. Is that new BH update worth trying out? I've never done BH before.

 

cant anymore =( a lot of people abused it tho

 

I haven’t used the new BH update either seemed boring. Still make more staking anyways.

 

i believe it will be around 0.30 to the end of this year , i hope