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Purples crash.

Discussion in 'Market Discussion' started by Plznate, Jan 18, 2011.

  1. Plznate

    Plznate Legend
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    Purples crash.

    People trying to sell purple for GE med. Discuss predictions.
     
  2. Korra

    Korra Member
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    Purples crash.

    They are in higher quantities than the other phats...so maybe older players that came back are dumping them?
    And they were like 100m a year and a half ago
     
  3. JackGeddes1

    JackGeddes1 Apprentice
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    Purples crash.

    yousrs?

    i payed 40$ for one last week =@
     
  4. Plznate

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    Purples crash.

    No its just because people know their price will adjust to the demand when free trade comes around. I expect 400m stablizing price after the update

    Quite.
     
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    Purples crash.

    Yellow and green will be soon to follow. My prediction is that green will be 400m post-update, 350m for yellow, 300m for purple, 550-600m for red, and I'm not quite sure on blue/white. Less than 2b for sure
     
  6. Plznate

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    Purples crash.

    Way too many people nowadays want party hats. Way too many people will be buying gp after free trade and will buy partyhats.

    Green and yellow will be fine, yellow may be around 550m.
     
  7. werunthis

    werunthis Active Member

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    Purples crash.

    I see what you mean, after free trade the IRL price will go up by a margin, but the ingame price will stabilize after a while.
     
  8. oblivion9032

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    Purples crash.

    Interesting, didn't realize people would do this so soon. They'll probably go down for awhile before people buy them up again.
     
  9. likeitcold

    likeitcold Forum Addict
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    Purples crash.

    lol when 1 person decides to sell , everyone sells, theyre just scared they dont give a damn about a phat just want wealth.
     
  10. whatnow83

    whatnow83 Active Member

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    Purples crash.

    They are currently having trouble selling at min in ge right now.
     
  11. grasshopper1494

    grasshopper1494 Grand Master
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    Purples crash.

    Not quite sure why. I would hold on to it. They should go up after some time when free trade is released, no?
     
  12. pur3 x mage7

    pur3 x mage7 Forum Addict

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    Purples crash.

    i dont think anything will crash. the only way for something to plummet in a free trade market is if all of a sudden millions of that item suddenly came into existence. supply and demand applies to rs believe it or not lol
     
  13. ChristmasCracker

    ChristmasCracker Lord ChristmasCracker
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    Purples crash.

    It'll even out at mid ge.
    When free trade, it'll stick around 500m.
     
  14. FearGets50s

    FearGets50s Grand Master
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    Purples crash.

    It's how it goes but I'm sure they will even out pretty soon, I feel bad for the people who have paid real $ for purple.
     
  15. Returning Truth

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    Purples crash.

    I reckon blue will rise with free trade coming back... just my prediction.

    purple will stabalize with free trade if it starts crashing anyway.
     
  16. Xaquvine

    Xaquvine Previously known as Vaquxine
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    Purples crash.

    It's just a global panic; things will settle down in a week, then once the update hits it'll go crazy again.

    Personally, I'm holding on to my yellow, and I bought a green in GE :).
    In the end, they'll always rise. They're RARES.
     
  17. Dammed

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    Purples crash.

    I don't understand, no matter what rares will always rise, what's the point in selling them while they crash? I'm never selling my h'weens for less than 2x what I bought for :)
     
  18. ChristmasCracker

    ChristmasCracker Lord ChristmasCracker
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    Purples crash.

    Damned, the ge price is 500mil.
    If you paid 500mil for this and the phat drops to 200mil.
    And you sell for 200mil, you're out 300mil.

    People are panic selling because they are afraid it will drop in value.
    Since everyone thinks 550mil is too high priced for an item that can't come in handy while fighting.
     
  19. Plznate

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    Purples crash.

    I myself think 550m is too much for a purple. I wouldnt pay more than 400m in free trade.
     
  20. rickjames928

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    Purples crash.

    I saw this coming albeit earlier then i expected

    i wouldn't spend over 250m... too many in game for me to spend more then that
     
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