When will rsgp prices start rising again?

Wow! They are every day lower and lower? Anyone knows when they'll stop dropping or even stabilize?
Makes me sad that rsgp is pretty worthless, baucause i too goldfarm a little .
So do any of you market pro's know if the prices are gonna stop dropping?
Or is there just too much supply?

 

When all the sellers get cleaned staking.And the non black market people hold everything.

 

People buy rsgp from goldfarmers, get cleaned in staking, and buy again lol.
So it's just oversupply of rsgp?
Idk, but it feels that everyone's goldfarming nowadays lol.

 

i have a real friend that buy me RSGP for 1$ ea face to face , so i never get scammed he already spent 300$ for RSGP that he all lose in stakes , so like PrivatE Noob say , people buy GP , lose them in stakes , rebuy

 

It all depends on Jagex, usually if they bring out a new skill that requires a lot of money (construction) then it will balance the economy. Until then Money is coming in quicker then it's going out the game.

 

They will! It'll just take time.

 

I don't think they'd ever rise. Too many goldfarmers nowadays.

 

Thanks for posts, so it would be nice to create a pile of cash and sit on it for a time to wait the rsgp price to rise?

 

Well that's would be a risk you must decide to take. If you have a big pile of cash lying around and the prices goes down, then you lose. If not, then they'll go up and you'll benefit. But one thing you must remember is that there yet hasn't been any saying of a new skill so don't get your hopes up.

 

All the big stakers (or anyone) is finding out how much $ they can make by selling rsgp.

More gp is being deployed into the black market.
More supply, less demand- Because untrusted people selling cheap (To beat the well-known sellers)

It won't rise for a long time.

/////////

 

What about Fagex freezing big amounts of gp?
Once they freezed some goldfarming site accounts with big piles of cash.
Back in 2007 probably.

 

It wouldn't be for a long time in my opinion. There are to many people with bills of gold to sell and not very many mass buyers. Maybe like 4-6 months?

 

never imo

sucks i know right compared to back in the day

 

Eventually Jagex will come up with a better system to detect and ban rwters. When this comes billions of gp will be taken out of the game, and prices will rise instantaneously because of the previous-sellers who are to afraid to sell.
(or when a better bot detection system comes and all the bots get banned)

 

I have an irl friend that buys from me 1 dollar a mil, I'm trying to make some professional profit off of this, but I gotta get trusted first. As for this, I don't think it'll rise any time soon.

 

What are the current prices? Is it still like $1/m for trusted people and $.7-$.8 for untrusted people?

Say I have 500m and want to sell it to a trusted person how much would I get for it? Around $.7 I hope?

 

Well SorcGarden bots are a large part in this. Making around 2M a day per account, some people with 10+ accounts, meaning people are earning easily over 200M a week for no work. Of course, they want money to spend irl, and since they obtained the rsgp so easily they don't mind undercutting the big trusted sellers if it means they can sell it easier.

Give it a while.

 

Hopefully they'll rise.

 

Most trusted people buy way lower already.
Take Finn, R2pleasent and Viou for example, they can buy as low as 0.5$/m.

I myself can find sellers at 0.6 pretty easily nowadays.

 

Average price I can find easily is between .70 -.80 per mil. I buy gold at least .75 now so yeah it went down a lil bit.
I lose alot in stake and win alot so yeah its just a repeat thing going on here. Wont rise as I know it I mean even R2Pleasent went down a bit more.