Why Are Tyrant Capes Increasing Again
Over the last month lycaon tyrant cloaks have dropped as low as 1.8b, but during this last week they are being sold for 2.5b. Has there been a change in drops or a glitch with hard magnus, or is it simply a change in supply and demand. Thanks in advance for any answers
April 20, 2014
13 Comments • Newest first
Competition and supply and demand.
Most people have it set up so their weekly reset is on the weekend so they have the chance to go during 2x if there is any. The people who go earlier than others set their prices high because there aren't as many shops with capes in the FM for them to compete with. As more people do their runs over the weekend, the supply increases, which causes people to drop their prices in an attempt to get their sold faster. It's an endless cycle. The same thing happens with Empress and cRA, you just don't notice it as much because they're already dirt cheap.
It's actually the opposite in Windia. At least for Tyrant Hyades cloaks. They've slowly been dropping down. I caved and finally bought one 4 days ago for 2bil. Literally the next morning, some sort of heavy undercutting war ensued, and now they are sitting comfortably at 1.3-1.5bil
Yeah I had the chance to buy a cape for 700m, now I'm kicking myself for not getting one. I'm hoping when all the Hard Magnus-ers kill him again this week the price will drop again.
A week ago, Pirate Tyrant capes were 1b. I cried when I didn't buy it then because they're close to 2b now in GAZED
@TweelCer: Oh o.o
When I browse fm, prices usually are 2b or higher. Must've didn't look hard enough
Maybe people are trying to increase the price based on NW in KMST.
[quote=xFinalSorax]The thief tyrant capes are still 2b or higher. I've never seen a thief tyrant cape go lower than 2b unless they're really
trying to get rid of it.[/quote]
Most clean tyrant thief capes were under 2bil this last week.
[quote=Eaglesmash56]In bera's market for like 3 days straight there was like 2 capes priced at 1.9 that wouldnt sell. Now all of a sudden they are flying for 2.5b Kinda sucks cause i was holding out to buy one and now they skyrocketing in price[/quote]
Wait for someone to drop their price back down to that again. I'd do that
Be patient. Just keep monitoring the prices and don't be afraid to leave offers like "1.8bil" in their shops. It may entice them to lower their prices if they have a buyer interested in a reasonable price. Keep waiting, and keep paying attention! You'll get one sooner or later!
Its cuz sellers being greedy and trying to keep them high. Even thought at some point the suply will be higher than the demand and they will end dropping again
[quote=xFinalSorax]The thief tyrant capes are still 2b or higher. I've never seen a thief tyrant cape go lower than 2b unless they're really
trying to get rid of it.[/quote]
In bera's market for like 3 days straight there was like 2 capes priced at 1.9 that wouldnt sell. Now all of a sudden they are flying for 2.5b Kinda sucks cause i was holding out to buy one and now they skyrocketing in price
The thief tyrant capes are still 2b or higher. I've never seen a thief tyrant cape go lower than 2b unless they're really
trying to get rid of it.
Speaking for mage capes, the sellers all dropped the prices to 1b and everyone bought the capes. It would seem that temporarly the market price is 1b. Now there are no capes so the prices are high. I think the capes will hover around 1.1 b ish