What happened to cause prices to go through the roof these past months?

[Elmarnieh]

Originally Posted by koros [You must be logged in to view images. Log in or Register.]

Changes do the supply and demand schedules alone do not explain changes in pricing as we've seen them. Increases in demand should also correlate to higher rates of farming of certain items, which should keep the price at or near equilibrium.

Aggregrate Demand-Aggregrate Supply model is probably the real reason.

Short term spikes in demand in conjunction of "market makers" artificially increasing prices through selective item purchasing/hoarding is the likely reason.

The other possibility is RMTing and plat duping, but I'll only find that the likely scenario if prices don't come down relatively sharply in the next 2 months.

This assumes maximum supply was not already reached. For items such as Fungi's and others they max rate of entry into the market. Remember we can't just build another sebilis and double our supply when demand spikes.

[skipdog]

Why do we have to have this conversation every month? Like was said, Fungis have dropped a bit, and there honestly haven't been any other mind blowing price changes. I'm not sure what other items you guys are referring to that recently 'doubled in price'. Still boggles my mind that people don't understand the impact of having so many 60s in Kunark era who have been 60 for much longer than what was the case on live.

Kinda lame to have to see this post once/month when almost nothing has changed in terms of prices in the last month or so.

[renordw]

Originally Posted by SirAlvarex [You must be logged in to view images. Log in or Register.]

While the price will surely continue to drop on Fungi's over the next month, this weekend I bought a fungi for 65k. The prices are dropping and I could see it settling again at about 55k.

They were around 40k when I quit last year.

[Barkingturtle]

Originally Posted by renordw [You must be logged in to view images. Log in or Register.]

They were around 40k when I quit last year.

Yep. I bought one for 45k just a few months ago.

But a few months before that they were 85k. It's the Circle of Fungus.

[Tecmos Deception]

Originally Posted by Mani [You must be logged in to view images. Log in or Register.]

Heiro cloaks are 65k, used to be 35. Lots of examples.

They were 70k+ recently, but they are going back down right now.

[Sun Apr 07 10:48:06 2013] Hungfuu auctions, 'WTS . . . Hierophant's Cloak57k


Fungi, NoS, Manastone, and a few other high-end items (and spells) all spiked up, but it seems like they all peaked about a month ago and are on their way back down. Manastones were 300+, now 250ish. NoS close to 90, now like 70+, fungi 85, now down near 70.

JBB seems to be spiked and holding up there though, lol. Poor shamans!

[fuark]

Originally Posted by skipdog [You must be logged in to view images. Log in or Register.]

I'm not sure what other items you guys are referring to that recently 'doubled in price'.

Fungis, Hiero Cloaks, Mithril Arms, Tolan's Bracer, JBB, Woodsman's Staff, Iksar Hide Mask, Mask of Obtenebration, Ceremonial Iksar Chestplate, guised accounts, accounts in general, Helot Skull Helm, Rogue Epic MQ, Cleric Epic MQ, Earring of Essence...

off the top of my head those are items that strictly doubled in price, leaving out items that simply spiked for roughly 100k more but didn't necessarily double (manastone)

[Galvatar]

Many of the lockdown, hardcore farmers moved on. New kids took their place. They want a taste.

[DeadL]

I took a break a couple months back after farming 30k~ for Torpor and being unable to find a seller. I come back on recently and first /auc i do gets a reply from someone wanting 100k for it.

fuck

[Kieu]

Fungi has hit a low (for this year), summer wars!