A player in the discontinued items status thread asked "what's going on with the easter egg right now?"
We notice the price has gone from 235M only a month ago to now 700M+ ( up from 415M yesterday).
The answer to that question is simple, a buy out. Low volume items are incredibly easy to buy up and cause their price to skyrocket. A group is simply buying up the stock for cheap and will unload for 3 - 4x their initial investment.
I was lucky and bought 115 easters last month for 280 avg. I cashed out thanks to other merchers. That would have been 48B profit if I managed to sell them at 700M +, though this is unlikely. As you trickle an item back to the players, the price declines. I made just under 20B, just on the rise easy money
The trick is not to get too greedy. Eventually someone will be stuck holding them and they will deflate in price, and they get to watch their bank implode lol. I've been that guy before and it's not fun I'm known as Rich King Midas, and when you look at me, you'll see a king who knows a thing about his treasury. I never cared for women. I've never cared for wine. But when I count a large amount of money - ha ha - it's divine!
We notice the price has gone from 235M only a month ago to now 700M+ ( up from 415M yesterday).
The answer to that question is simple, a buy out. Low volume items are incredibly easy to buy up and cause their price to skyrocket. A group is simply buying up the stock for cheap and will unload for 3 - 4x their initial investment.
I was lucky and bought 115 easters last month for 280 avg. I cashed out thanks to other merchers. That would have been 48B profit if I managed to sell them at 700M +, though this is unlikely. As you trickle an item back to the players, the price declines. I made just under 20B, just on the rise easy money
The trick is not to get too greedy. Eventually someone will be stuck holding them and they will deflate in price, and they get to watch their bank implode lol. I've been that guy before and it's not fun I'm known as Rich King Midas, and when you look at me, you'll see a king who knows a thing about his treasury. I never cared for women. I've never cared for wine. But when I count a large amount of money - ha ha - it's divine!
29-Jun-2020 20:13:43 - Last edited on 29-Jun-2020 20:17:32 by RichKngMidas