Brute
08-01-2015, 09:30 PM
I've been converting all the balances off my non-active accounts and transferring the balances to my main. I've been on a few worlds, and the Tibia Coins are all around the same price for the most part.. (Buy offers in the low to mid 8,000/pc & sell offers in the mid to high 9000/pc)
Premium scrolls were converted into 250 coins.. Antica for instance is currently at 8,222/pc on the coins (top offer in market that people are buying them for). That would make the price of a scroll 2,055,500.
What is boggling my mind is whether or not to sell the coins now, or let the price inflate on the coins to see if they grow to 10k/pc in the next few months or so. Because as we continue to increase our wealth, we should be willing to pay a higher price. Similar to how premium scrolls continue to grow in price.
A lot of people who had scrolls had their coins put on 6 month hold prior to being able to sell them on the market. By the laws of supply and demand.. when this 6 month time limit runs out, there should be a noticeable decrease in the price of tibia coins on the market.. since supply will outweigh demand.
So here's the question.. is it best to sell Tibia Coins now?
I don't know what the likelihood is of the price decreasing after the 6 months, but from an economics stand point, it should. There are a lot of coins out there that are un-tradeable right now, and I bet those people will want to cash in at their first chance. But then reverting back to the top of this post... that will decrease the initial rate that the premium scrolls were selling for. If the price per coin drops to 7000/pc, the scroll decreased in cost by 305,500gp.. (this is just an example of what could possibly be an outcome for the sake of the argument).
What are everyone's thoughts?
Premium scrolls were converted into 250 coins.. Antica for instance is currently at 8,222/pc on the coins (top offer in market that people are buying them for). That would make the price of a scroll 2,055,500.
What is boggling my mind is whether or not to sell the coins now, or let the price inflate on the coins to see if they grow to 10k/pc in the next few months or so. Because as we continue to increase our wealth, we should be willing to pay a higher price. Similar to how premium scrolls continue to grow in price.
A lot of people who had scrolls had their coins put on 6 month hold prior to being able to sell them on the market. By the laws of supply and demand.. when this 6 month time limit runs out, there should be a noticeable decrease in the price of tibia coins on the market.. since supply will outweigh demand.
So here's the question.. is it best to sell Tibia Coins now?
I don't know what the likelihood is of the price decreasing after the 6 months, but from an economics stand point, it should. There are a lot of coins out there that are un-tradeable right now, and I bet those people will want to cash in at their first chance. But then reverting back to the top of this post... that will decrease the initial rate that the premium scrolls were selling for. If the price per coin drops to 7000/pc, the scroll decreased in cost by 305,500gp.. (this is just an example of what could possibly be an outcome for the sake of the argument).
What are everyone's thoughts?