business boost in summer?

[Nick 91]

anyone thinking that gold will rise from today's price forward? in the summer there will be more people with more time, so maybe the runescape underground business will rise? i was thinking about stocking on some GP to hold onto until like mid-summer (mainly 07).

Or could it go down because more money will be flooded in game? Just something i was thinking about.

 

There generally is more activity in the summer, but not necessarily a price rise. There are many other factors that influence the price such as updates and ban rates etc.

 

[Nick 91]

Even to gain like 30 cents overall on an investment I wouldn't complain for. The problem would be selling it .. i'm super afraid to get into gold because of the chargebacks, it's like giving out free money lol. I was just thinking about investing into a sum of gold to just make a small profit, but it seems like it wouldn't work out for many reasons.

 

[Tornstol]

I think it would be wise to stock some GP.

 

More activity doesn't boost the price.

 

[Xier0]

Historically, Summer doesn't have as big of a price impact as Christmas or Jagex announcements/updates.

 

[Boatswain]

or it could go down because everyone failed school from playing to many games so now they are in summer school. lmao

 

[Nick 91]

The only reason I see gold going up in price is because more people will want to buy gold (more demand). But I suppose time will tell .

 

The only reason I see gold going up in price is because more people will want to buy gold (more demand). But I suppose time will tell .

What would make them want to buy more gold? There needs to be an incentive, and more free time isn't one.

 

Well, any online game has a rise in play time on worldwide holidays. Whether that means more people will buy gold or not is a different matter; there are other factors to take in to consideration such as people being more weary of being banned these days, to name one.

 

[l0llyp0pst3r]

There would be an increase in activity but I doubt the impact will be as great as Xmas or updates even if gold prices increase

 

[Nick 91]

Yeah true Xmas is probably good idea.

 

[ConnorP]

runescape sucks go play another game nick

 

[DRSX]

Even to gain like 30 cents overall on an investment I wouldn't complain for. The problem would be selling it .. i'm super afraid to get into gold because of the chargebacks, it's like giving out free money lol. I was just thinking about investing into a sum of gold to just make a small profit, but it seems like it wouldn't work out for many reasons.

Risky, because of the bans

 

[Wolf83]

More activity wouldn't touch the price necessarily, but it will for sure cause for more demand.

 

[Feelgewd]

Let's not forgot in the christmas the gold (sell) price was almost .57 at one point. I loved it lol.
I think it's 50/50, more activity indeed but doesn't mean the price will rise.
At the same there will also be more goldfarmers,suppliers etc