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
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    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
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    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
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    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
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    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
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    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
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    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
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    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
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    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
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