What has happened to rsgp value the past month?

Rsgp is not stable at all right now, from 0.5 to 0.35-0.3 per mill within 4-5 weeks, people still sell to bulk buyers at 0.3?? Crazy, soon rsgp will be worthless and people will be giving it away.

What the hell is happening to it? Is there seriously that much supply that its turning into peanuts per million?

 

It's too easy to bot.

Jagex have stated numerous times that it's a continuous losing battle for them.

I predict that unless there is a mass ban anytime soon, the price will keep dropping.

 

Yeah but drop to what? 0.3 Per mill is insane, you could make twice as much ingame with the same methods 8 months ago and sell for $1/mill

Will this market still exist if it goes to say.... 0.2?

 

that is very hard to decide and it is very true

 

Eventually it will reach a point where the price will be so low, that people will stop selling it completely (reducing supply and keeping the prices stable).

It's not at 0.30/mill atm -bulk merchers buy for this price only. The average price is about 0.45-0.50/mill.

I highly doubt it will ever drop below 0.30/mill.

 

when it becomes so non-profitable that people will stop botting the price will go up.

 

You do make a good point about sellers dropping out eventually.

I know its not 0.3 for selling, but if you've watched closey like i have, prices have shot down so rapid that big buyers are having to buy at 0.3 to make profit selling at 0.4.

The more hilariously crazy thing about this is that botting methods for earning cash are getting worse, fdk for instance have gone down - 300% hourly profit from 9 months ago and continue to get worse, runecrafting is worse, barrows is worse, sorc Garden has been dead for ages ect... The list goes on. But still value of rsgp decreases, its like a double fuck.

 

Especially for the chinese gold farming companies, where costs will eventually outweigh the benefits (reducing bulk supply).

I currently run a gold-farming army but I barely sell at the moment since "its not worth it". I would rather stake it and hope to gain billions before selling.

Those methods have been over-botted for months. The best way to gold farm is to find a sustainable method yourself, and then hire a script writer to write the script for you.

 

Honestly when do you think that will happen though? when companies feel it's not worth it anymore, a month down the line? 6 months?

At this rate gold is falling super faster, there's now a bulk seller who's selling gold for 0.37/m, It's not long before buyers will be buying gold for UNDER 0.3.