RS3 gold price drop

[JohnRSSmith]

In the last 2 months RS3 price dropped about 30% of its price. I think it may be caused from the introduction of Grand Exchange and F2P on OSRS, which led lots of players to move to it, but I'd like to hear also your opinions.

What do you think has caused the crash, and will the price eventually go up?

 

[Royalcakee]

Probably Too Much EOC Circulating In Rs3 Now Thats Why Less Demand Therefore Price Dropped

Thats What i though of

 

[Justice1337]

Price goes down, more gold to be bought =3
so why not?
#hardluck@goldshops

 

[JohnRSSmith]

Price goes down, more gold to be bought =3
so why not?
#hardluck@goldshops

Your consideration is pretty naive :laugh:

Too much RS3 gold circulating ---> RS3 gold price goes down
Too much RS3 gold circulating ---> Inflation, higher items price

What you are going to spend in real currencies for your items will be the same amount.

Anyway, my post is aimed to sharing our thoughts and what we think may be the cause of price drop, not to mock Gold Shops (Not that I own a gold shop, I'm just a little goldfarmer).
Moreover, gold shops won't care about price drops, since they still earn the same. They still buy low and sell high.

 

[Justice1337]

Your consideration is pretty naive :laugh:

Too much RS3 gold circulating ---> RS3 gold price goes down
Too much RS3 gold circulating ---> Inflation, higher items price

What you are going to spend in real currencies for your items will be the same amount.

Anyway, my post is aimed to sharing our thoughts and what we think may be the cause of price drop, not to mock Gold Shops (Not that I own a gold shop, I'm just a little goldfarmer).
Moreover, gold shops won't care about price drops, since they still earn the same. They still buy low and sell high.

Good point you got there,
Hopefully things get better with that pre-eoc thingy that is released few days ago

 

[gzusbrah]

Good point you got there,
Hopefully things get better with that pre-eoc thingy that is released few days ago

What pre eoc thing bro?

 

[Dunsford]

What pre eoc thing bro?

this^

 

[Skilldoc19]

He's talking about the ability to use abilities with the legacy interface setup, the way it was Pre-RS3 NIS release.

 

[princetyrion]

Haha straight rs economics right there

 

[JohnRSSmith]

He's talking about the ability to use abilities with the legacy interface setup, the way it was Pre-RS3 NIS release.

Wasn't aware of this update. Would it mean that some players will switch back to RS3 from OS?

 

[Killercrow]

Wasn't aware of this update. Would it mean that some players will switch back to RS3 from OS?

No, probably not. It's hardly even worth noting.

 

[Alch]

Looks like demand is up.

 

[Skilldoc19]

Wasn't aware of this update. Would it mean that some players will switch back to RS3 from OS?

No, OSRS is doing great with its playerbase atm though.
It makes playing on two/three accounts easier for me though, so I like it

 

rs3 markets have been ruined for a while. The GE on 07 has drawn many players to switch over aswell.

 

[Quorial19]

ge on 07.

 

Shouldn't ge lower the 07 gold price? More gold circulating right?

 

[Cookie]

Shouldn't ge lower the 07 gold price? More gold circulating right?

It did.

 

[JohnRSSmith]

So i guess RS3 will never be profitable again. Gold price is slowly going down. Right now it's about 30-40% less than what it was 1-2 months ago. Are there any other gold farmers out there?

 

[DMR]

When RS3 gold prices go down, does it ever go back up? I've never seen it go back up after going down.