The effect of Rendi's video on GP prices/market activity

Discussion in 'Market Discussion' started by ariabot, Nov 29, 2019.

The effect of Rendi's video on GP prices/market activity
  1. Unread #1 - Nov 29, 2019 at 2:16 PM
  2. ariabot
    Joined:
    Sep 23, 2015
    Posts:
    653
    Referrals:
    0
    Sythe Gold:
    442
    Vouch Thread:
    Click Here
    Tier 1 Prizebox

    ariabot Apprentice
    $25 USD Donor New

    The effect of Rendi's video on GP prices/market activity

    Below is a chart of trade activity from the #trade-gold channel on the Sythe Discord.
    It shows the number of messages containing "buy" and "sell" as well as "os"/"07". Messages which contained "buy" and "sell" were counted in both categories.

    [​IMG]

    As you can see, the amount of people selling GP decreased by about 50% after Rendi's video was released late on 11-26, which has cleared up much of the FUD about the rumored GP dupe. This is a very abnormal change in activity, far beyond what can be attributed to normal activity fluctuation and possible sampling errors caused by messages like "buying RS3 $X/m - selling OS $Y/m".

    GP prices also increased significantly after the release of the video, going from 0.40-0.44/m to 0.46/m+.
     
    Last edited: Nov 29, 2019
  3. Unread #2 - Dec 1, 2019 at 12:51 AM
  4. vaughn78
    Joined:
    Oct 8, 2019
    Posts:
    103
    Referrals:
    0
    Sythe Gold:
    104
    Christmas 2019

    vaughn78 Active Member

    The effect of Rendi's video on GP prices/market activity

    Are you talking about old school market? Because RS3 is super low right now.
     
  5. Unread #3 - Dec 12, 2019 at 3:07 AM
  6. PrayerKid
    Joined:
    May 6, 2011
    Posts:
    4,314
    Referrals:
    7
    Sythe Gold:
    343
    Vouch Thread:
    Click Here
    M
    <3 n4n0 Two Factor Authentication User

    PrayerKid Formerly known as teh99prayerkid
    $25 USD Donor New

    The effect of Rendi's video on GP prices/market activity

    I would say it's a better outcome than it could have been.

    hopefully too many people weren't effected by the duped gold being sold off as quick as possible.

    Could have been able to scam 10's of thousands of dollars from people if not more.
     
  7. Unread #4 - Jan 8, 2020 at 3:06 PM
  8. Fyrix
    Joined:
    Mar 12, 2017
    Posts:
    77,682
    Referrals:
    56
    Sythe Gold:
    32,659
    Vouch Thread:
    Click Here
    Discord Unique ID:
    574588629343797257
    Discord Username:
    Rpgstock
    Torchbearer 2016 Sythe's 15th Anniversary Gohan has AIDS (5) Heidy (4) Potamus (4) Toast Wallet User SytheSteamer Nitro Booster (2) Dragon Claws Two Factor Authentication User
    Lawrence (2) Homosex (6) <3 n4n0 (3) Extreme Homosex (5)

    Fyrix Discord: rpgstock#0777
    Fyrix Donor

    The effect of Rendi's video on GP prices/market activity

    rs3 has always been low
     
  9. Unread #5 - Jan 8, 2020 at 6:56 PM
  10. Theboatyfozi
    Joined:
    Aug 5, 2019
    Posts:
    3,911
    Referrals:
    1
    Sythe Gold:
    757
    Vouch Thread:
    Click Here
    Discord Unique ID:
    670600290587770900
    Discord Username:
    fozi#3750

    Theboatyfozi Grand Master

    The effect of Rendi's video on GP prices/market activity

    buying always running faster the selling , reason is duel arena ":D
     
  11. Unread #6 - Jan 9, 2020 at 7:23 AM
  12. Liam
    Joined:
    Jun 8, 2015
    Posts:
    4,141
    Referrals:
    7
    Sythe Gold:
    1,185
    Discord Unique ID:
    560804703760416789
    Discord Username:
    runevip
    GFX Forum Participant Tier 1 Prizebox (2) Supporting Business

    Liam Make real $ selling Rsgp & virtual goods
    KingL1993 Donor

    The effect of Rendi's video on GP prices/market activity

    Did you take into account that some market users have both "buy" and "sell" in their posts, and some just write things like "B" for Buy and "S" for sell?

    Or is the data strictly for just "buy" and "sell" separately?
     
  13. Unread #7 - Jan 9, 2020 at 6:03 PM
  14. tigeris
    Joined:
    Dec 2, 2015
    Posts:
    7,771
    Referrals:
    0
    Sythe Gold:
    4,622
    Extreme Homosex Two Factor Authentication User Halloween 2020 Christmas 2020 Valentine's Day 2021 Summer 2020 Toast Wallet User Potamus Gohan has AIDS Pokémon Trainer
    I saw Matthew (2)

    tigeris Not Buying/Selling Anything Don't Dm Me
    $200 USD Donor New

    The effect of Rendi's video on GP prices/market activity

    This data is worthless tbh, literally every year gold sees a huge demand right before the holidays. If we saw yearly comparison maybe you could see a pattern but there are still dozen more factors to this
     
    Last edited: Jan 9, 2020
  15. Unread #8 - Jan 9, 2020 at 8:27 PM
  16. ariabot
    Joined:
    Sep 23, 2015
    Posts:
    653
    Referrals:
    0
    Sythe Gold:
    442
    Vouch Thread:
    Click Here
    Tier 1 Prizebox

    ariabot Apprentice
    $25 USD Donor New

    The effect of Rendi's video on GP prices/market activity

    My original post stated that there was the potential for sampling errors i.e. messages like "buying RS3 $X/m - selling OS $Y/m".
     
    Last edited: Jan 9, 2020
< Working* [Guide] 350 USD per One Registration / Money making method working. | Do jagex wipe accounts? >

Users viewing this thread
1 guest


 
 
Adblock breaks this site