So as some of you are aware, Jagex has recently further nerfed flipping. Their first attempt at nerfing it was when they brought the buying limit of potions to 1,000 every 4 hours, from 10,000. Now, as far as I know, although I could be wrong on how it works. Once you buy an item, and sell it, you cannot re-buy it for another 4 hours.
I flip partyhats, and whilst flipping, I kept forgetting to take into account about the nerf. What happened was I eventually bought and sold Purp, Yellow and Red partyhats. The worst part about this is how unstable rares have been. They're taking a big crash.
When I tried selling my Yellow Partyhat for 1023M (Bought for 1025M), I read on the forums that someone instantly sold theirs for 1021M. A few minutes later of waiting, I decide to go to R quark FC to check on its price. To my surprise, they tell me Yellow was now 1005M! It dropped 18M within a few minutes.
Long story short, within a few hours (2-3), yellow dropped to 1B and later rose 15M+. Next was Green, it rose, then Red. I go to sleep, wake up, and Yellow is now below 1B. I lost 20M on my red partyhat when I woke up. I got my Red for low, pretty much rock bottom when all the partyhats were dropping, and it further dropped another 20M.
So the discussion here is "is it now better to invest in supplies rather than rares? Rares have become so unstable".
How do you see the market in 3 months from now?
Obviously flipping had a huge impact on the Grand Exchange. You could buy and sell Bandos Tassets and lose 20k only because of the amount of flippers around creating a small profit/loss margin. But now the profit margin would be bigger, riskier and the poor will lose more when buying and selling because of the increase of margin.
What I see happening is merchanting clans coming back, they invest heavily on an item, and dump it soon later. That's the only solution for merchanters now, having to resort to investing.
Another thing would be more people in World 2. People buying, because they are unable to buy it in the G.E.
I'd appreciate if people posted more than a 1 sentence thread. Without comments such as "market is so unstable, i didnt know about this update thx".
