SRL Archive - SRL Merchanting

Limp root


Gu3st...

2010-02-25 05:17:04

http://services.runescape.com/m=itemdb_rs/Limpwurt_root/viewitem.ws?obj=225&scale=2

Market price: 2,367
Dump price: 3,5k-ish?

Looks nice right now.
I really want to get this going again. Who's with me? :)

Baked0420

2010-02-25 06:50:26

I really want to get this going again too, I'm with you.

Gu3st...

2010-02-25 06:53:15

Great :D
Glad some people still want this to be going xP

Sabzi

2010-02-25 07:08:52

I want to to help too. Only reason why I wasn't suggesting items because I don't know runescape/merchanting. And I think srl merchanting is suffering in lack of leader/mod as Rogeruk seems inactive. It would help to have someone to say dump time and then everyone would do that. Announce things and such. Anyone? :p

Gu3st...

2010-02-25 08:05:50

Yeah we need someone who knows this stuff.. I haven't really been into these things before so I don't really know what to look for

Baked0420

2010-02-25 10:26:48

JAD and Almost I believe know what they are doing, and I know merchanting pretty decently, I been doing it for a while. We should just start a thread for who wants to be leaders then have people decide who becomes leaders or take a poll or something or if there aren't many just let whoever wants to be a leader become one.

MylesMadness

2010-02-25 10:57:20

Well JAD is like the richest runescape guy ever. I would think some of that is from merchanting

RAM

2010-02-25 13:03:08

Limps are a good one, but you have to take into consideration it's uses…no uses in F2p, used in low level str pots in P2P (not sure of others)…so, going by the Theory of Supply and Demand…if we buy all of them up…the prices should rise…however, seeing they are only used in low level herby training, even if we cornered the market, people won't pay high prices, because the potion made by them doesn't sell for much…

The owner of "cash cream"..I think ? is on here…seems like he might want to step up and take advantage of the people wanting to invest…. I have a few Billion I'd invest if I thought it would be successful….

BTW, as I mentioned..you can never go wrong with Blood and Death runes ;)

Dynamite

2010-02-25 15:12:33

I did have 25m but lost it.
But I also would like to get this back up.
I am quite good with investments, so I wouldn't mind helping with choosing some items.
I haven't played RS in a while though, so I will take a few hours now to revise the market :)

Nava2

2010-02-25 16:25:04

RAM they are used in high level too are they not? Just using Kwuarms instead?

RAM

2010-02-25 19:30:29

From: Nava2
RAM they are used in high level too are they not? Just using Kwuarms instead?


Yes you are correct :), sorry I was mistaken…glad I verified because it looks really good on the 180 day http://services.runescape.com/m=itemdb_rs/Limpwurt_root/viewitem.ws?obj=225&scale=2

I'd be willing to put 100m on them…dump price ?

Gu3st...

2010-02-26 02:40:53

Really? Woah great news RAM :)
Dump price.. Hmm.. I don't really know much about these stuff..
3,5k-ish?

EDIT: So.. What do you other guys say? Let's start buying?

Baked0420

2010-02-26 09:57:54

I don't think we have enough money to merch it that high. We should just try to get it up a reasonable amount so it doesn't crash on us, in my opinion we should dump at like 2.7k, only way we could get it up to 3.5k is if once we bought all of our limp roots, we then advertised a clan for people outside of srl to buy limps and we dump on them, and last time you guys didn't wanna do that, so we should just dump at about 2.7-3k

JAD

2010-02-26 15:25:21

From: RAM
Limps are a good one, but you have to take into consideration it's uses…no uses in F2p, used in low level str pots in P2P (not sure of others)…so, going by the Theory of Supply and Demand…if we buy all of them up…the prices should rise…however, seeing they are only used in low level herby training, even if we cornered the market, people won't pay high prices, because the potion made by them doesn't sell for much…


What item that you merchant will people pay high prices for once you manipulate it to a ridiculous price?

To be honest, you guys live in a fairy world where you believe that you can manipulate an item high. Because nobody dumps early, we can all sell off at the peak and everybody wins.

Doesn't work like that. When an item is manipulated, a few people can win big, and a lot of people have to lose big. That's just how it goes.

Dump off onto a clan (pretty much screwing people) or sell the junk off on sythe for $0.30 each mil. That's about all you can do (I do the latter, because then I can sell the mills for more)

RAM

2010-02-26 16:17:24

Thanks for your constructive criticism..I think….A little more positive advice would have been appreciated…

In case you haven't noticed..I have kept my "Buisness" dealings seperate from this forum for a reason…I don't think anyone here had the mindset of Real World training as an end result of this….Anyways I didn't..I'll admit my ignorance, as as a few others have, as to the fundamentals of Clan Merchanting….I just thought this would be a fun way to help contribute to an SRL merch experiment…

I'm in the process of buying as many as I can across a few accounts..200m invested so far…I'm confident that we can make the price rise enough to make a difference…as far as dumping..on this item i'm not concerned, as people will still have Kwaurm herbs and will still want to train their herblore levels..people will still want Pots to train their combat with..if anything…I predict the prices of Super Str pots will go up…same as they did the last time limps were merched…

Gu3st...

2010-02-26 16:31:32

So you've started buying? I'll buy too then

HyperSecret

2010-02-26 16:59:19

limps are used in super strength too. FYI, limps are in a lot of supply, and can be bought below mid in GE right now. (atleast 2.5k. sold right away to me when i got to 66 herb)

Awkwardsaw

2010-02-26 18:51:44

err, they be going down in price :p

JAD

2010-02-26 20:40:22

From: RAM
Thanks for your constructive criticism..I think….A little more positive advice would have been appreciated…


There's no such thing as positive and negative advice. There's right and wrong advice.

I should have sugar coated that a bit, sorry, was just being blunt :p

Either way, it's the truth. How many limpwurts would we need to buy to buyout the market? At least 500k of them at first, and then have offers in at max every day while they're going up. If we could even buy the probably 1M+ limpwurts it will take to manipulate the market, how are 1 million limpwurts going to sell once our artificial demand ceases, and true supply vs demand takes over again? They will obviously tank in price at that point.

Gu3st...

2010-02-27 08:51:10

Really? It rose 56 gp only today…
http://services.runescape.com/m=itemdb_rs/Limpwurt_root/viewitem.ws?obj=225

EDIT: I can't even buy more at max anymore

Awkwardsaw

2010-02-27 08:57:27

when i looked at chart yesterday, it was -8 gp or something like that :p

Gu3st...

2010-02-27 11:10:05

From: Awkwardsaw
when i looked at chart yesterday, it was -8 gp or something like that :p
Yeah, and the day before that they went -6 gp
I don't quite get your point.. Is it that items that's falling in price isn't as suitable as other items to merchant?

Awkwardsaw

2010-02-27 14:24:05

From: Zyt3x
Yeah, and the day before that they went -6 gp
I don't quite get your point.. Is it that items that's falling in price isn't as suitable as other items to merchant?


it depends on how bad they are dropping. when most people see an item dropping, they want to hurry and get rid of it before they lose to much of their money, thus dropping it even more :)

anyways, im dropping 10m on it

Gu3st...

2010-02-27 18:13:34

From: Awkwardsaw
it depends on how bad they are dropping. when most people see an item dropping, they want to hurry and get rid of it before they lose to much of their money, thus dropping it even more :)

anyways, im dropping 10m on it
Awesome :D
I can't buy at max on my accounts now.. Think this will be a successful merchant

Awkwardsaw

2010-02-27 18:26:31

whats the dumping price?

weequ

2010-02-27 19:04:31

Lol this will be succeful becouse there will be bonus xp weekend for members. Read here :http://services.runescape.com/m=devblog/view_post.ws?post_id=84. People stock up on herblore things becouse its expencive so they want to save money(and all the new overload potions etc..) You were lucky with this one :D

Gu3st...

2010-02-28 03:00:17

Dump price 2800?

Gu3st...

2010-02-28 17:05:47

I am sorry for double-posting, but it went up another 119gp! This is surely a success! :D

EDIT: I think I'm safe to say that we can manage to do 3,5k as a dump price

RAM

2010-02-28 18:42:29

From: Zyt3x
I am sorry for double-posting, but it went up another 119gp! This is surely a success! :D

EDIT: I think I'm safe to say that we can manage to do 3,5k as a dump price


Forgiven and I think you are correct :spot:

Gu3st...

2010-03-01 13:13:26

Thanks RAM xD

Up another 125gp today :)
http://services.runescape.com/m=itemdb_rs/Limpwurt_root/viewitem.ws?obj=225

How many people have actually invested in the roots? I want to keep track on them so that we all sell at the same time and leave no-one out..

And how much money do you have left RAM? :p
I've used up my quota.. I even sold all my autoing goods and armor

Awkwardsaw

2010-03-01 16:56:57

iv gotten about 4k of them :)

RAM

2010-03-01 17:10:10

I have about 80k of them, but I bought a bunch from private people…I have 50m on them between 2 accounts in the ge, but they are getting slow to buy…but I'm still getting them :)

Gu3st...

2010-03-02 12:03:03

Nice, so we have around 90k of them :)

Up 114gp today, I don't know how much longer we can get it.. We should discuss when to dump them

Gu3st...

2010-03-04 08:31:56

Sorry for double post again, but we should start selling really soon

RAM

2010-03-04 08:55:36

I thought dump price was 3.5k …I'm steadily buying, keeping the price on the rise, so please don't dump early.

Gu3st...

2010-03-04 09:00:43

From: RAM
I thought dump price was 3.5k …I'm steadily buying, keeping the price on the rise, so please don't dump early.
So you think we can manage that? I wont dump until all of you agrees on it. How much gp do you have left now RAM?

jimmy_mac

2010-03-04 09:04:09

im buying too.. make sure when we dump, dump at max price.
this way not one of us lose out. it takes a little longer to sell the items but its worth it.

NCDS

2010-03-04 09:30:24

hmm I didn't even realize this thread was going on >.<

I'll put a few mill at max if you intend to really not sell until 3.5k..

Just got 1000 of them instantly at max.. I'll put in for some more.

Gu3st...

2010-03-04 09:41:27

Oh, great! Then we'll wait some days more :)

RAM

2010-03-04 09:59:26

I'm selling stuff on my army, and buying on those accounts also..I was hoping to keep buying until the Exp Weekend, but that's still 2 weeks, so I think 3.5k is a good number, I sold some junk on my main, plus sudoku last night, so there is another 50m I'm going to invest :)

Gu3st...

2010-03-04 13:26:14

From: RAM
I'm selling stuff on my army, and buying on those accounts also..I was hoping to keep buying until the Exp Weekend, but that's still 2 weeks, so I think 3.5k is a good number, I sold some junk on my main, plus sudoku last night, so there is another 50m I'm going to invest :)
Oh, alright :P
I haven't bought anything in days.. No more money left on any accounts lol

MylesMadness

2010-03-04 17:34:28

I just bought some at max and got money back, I think another clan jumped as we did and is selling now

NCDS

2010-03-04 19:08:36

I have approx. 28m left I can put into this if you guys wanna keep it going. Just want to make sure everyone is committed to it…

JAD

2010-03-05 00:52:27

From: NCDS
I have approx. 28m left I can put into this if you guys wanna keep it going. Just want to make sure everyone is committed to it…


That 28M won't keep anything going, because we played an extremely minor role in the manipulation in the first place. I wouldn't put any more money into this, as it's probably going to crash for a few days before going up again.

RAM

2010-03-05 01:28:16

From: JAD
That 28M won't keep anything going, because we played an extremely minor role in the manipulation in the first place. I wouldn't put any more money into this, as it's probably going to crash for a few days before going up again.


I have no more money to invest, and I have an offer from someone that wants to do some serious training …I may reinvest, condisering those limps won't see the street again….it's up to everyone else to sell or wait and see what the price does…

Gu3st...

2010-03-05 07:22:24

It's going down.. What do we want to do? Sell now and hope for not a big loss or wait?

Awkwardsaw

2010-03-05 08:23:53

sell plox :)

Gu3st...

2010-03-05 08:49:11

Everyone agrees on selling?

MylesMadness

2010-03-06 00:30:17

Sell!

ZaSz

2010-03-06 01:34:42

BUY BUY BUY!!!!

jk, was getting pumped for this, then saw the last few posts about it going down :(

RAM

2010-03-06 03:13:29

So, I'm beginning to think, it takes alot more money to sustain a substantial price increase :redface: …I'm gonna take a gamble on a few of my accounts and let it ride until next weekend….but I won't be buying any more….next item ? :)