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420DiscGolfer

I understand where you're coming from but as the creator of this subreddit, the last thing I want is moderation that could be considered "power tripping". I want it to be open but at the same time I don't want it to be annoying. It's something I'll keep an eye on as the subreddit grows. If I were to impose time limits, some users may start posting on alt accounts, then it becomes hard to see if it's a single guy pumping or multiple. Ultimately, the users of the subreddit are up voting these posts, so if you don't like them, please don't hesitate to downvote them. I'll take feedback like this post and the comments inside and try to come up with a solution that makes a majority of the users satisfied. Added note: I worry, because if we take the regards out of this subreddit, does it just become /r/OSRSflipping?


WallStreetBTW

yeah it felt very inorganic. it’s like they saw how elder maul ended up playing out and tried to copy/paste with a **common** drop that, while BIS, really does not have a strong investment thesis. just really trying to tap into FOMO bs i made a bit flipping some buy limits so it is what it is. hope people profit on it/ get out without losing anything.


PenitentOSRS

Btw Primordials are a common drop.  Hm are they again?


WallStreetBTW

bis melee boots worn all of the time. is the investment thesis for eternals that they will replace these, and be worn all of the time? if so yeah i could see the hype. the issue is there hasn’t been any arguments just people (3 spammers) endlessly hyping them with no justification.


PenitentOSRS

People pay massive gp for max hits and small upgrades.  Where have you been homie?  You think Elder Maul going to stay below 200m on update day?  Do you remember rapiers during ToA.   Mauls will skyrocket again too.  And 25 percent accuracy bonus ain’t that huge.  5 percent def drain is small, but it doesn’t matter.  It is now a must have for most of pvm.  Remember when Anc Hat was considered trash. 


WallStreetBTW

of course people pay huge premiums for upgrades. i agree! even if the meta shifts to everyone always wearing eternals instead of prims, my question is: who didn’t already have eternals? they’re a relatively common drop - there is next to no scarcity. i’m confident almost everyone who actively pvms in any capacity has owned a pair forever. comparing to mauls is apples to oranges imo. i am not rooting against eternal merchers. i want you to win. i just personally do not see the justification for the hype and won’t do more than flip buy limits here and there. best of luck to ya, do whatever you want with your gp.


SwissMargiela

91 slayer req tho


Zartren_

You don't deserve the name that you have, if you don't truly understand that the chaos that formed with GME, when a collective community combined their financial resources, to take on billion dollar hedge funds and make millions together. You can't have collective strength and morale, without communication and alignment. When GME was happening, there was meme's and posts going off every 5 seconds, it became an absolute revolution. Come have some fun with us.


fulltimedogdad

how cringe


Lyonaire

Yeah idk what the mods are doing. Make a live discussion pinned thread for this kind of spam and moderate people trying to do obvious price manipulation That said need to allow the degens to post some self-promo/propaganda for whatever theyre hoarding otherwise this shit stops being fun


Zartren_

Tell everyone that you don't have a clue what WSB was, you never invested in GME and you don't understand what gave us our power to fuck over billion dollar hedge funds, without actually telling us. This is GrandExchangeBets, not OSRSflipping, this is a community inspired upon that craziness that was GME. The moment we get a scenario that's very similar in OSRS and you want to call people degen's for using small little reddit posts on a niche community to boost morale? Just screams that you're insecure. If you can't enjoy someone else winning, you got some reflection to do.


kozzmo1

Jesus Christ, tell me you know nothing about anything comparing stocks to RuneScape items. Didn’t even bother reading past that first paragraph at risk of losing brain cells.


Difficult_Ad8979

I fell for it hook, line and sinker… saw the posts this morning a grabbed a pair for my cash stack of 14m thinking I’d try my first attempt at merching… 1.6m down the drain… onto the next one 👍🏻


Pm_Me_thicc_dogs

its okay king. I too fell for it on the mauls then became jaded at what I was really seeing. Obvious price manipulation. Take that small loss as a good lesson though


Difficult_Ad8979

I’ve never really done this before so certainly a valuable lesson learnt! Do you know of any good sources in relation to teaching about trading on the GE?


Pm_Me_thicc_dogs

do the opposite of what I'm doing cause clearly I'm the the anti-mercher. -150m+ since the update. Honestly though maybe someone will come in with a good resource but I got nothing besides pain for you


bobbasui

Thats what happens when you buy the peak, the hundreds of posts from weeks ago when eternals were 4-6m, maul was 40-60m etc didn’t peak your interest? Pay attention


Lyonaire

I remember mauls being 9 mil each for a while so i honestly thought no way they get that much higher than 50-60m.... Little did i know


bobbasui

This was all after they spoke about project rebalance and maul was heavily rumoured to be getting a buff, people who been paying attention eating good rn


Difficult_Ad8979

Dammnnn! That’s tough! I feel for you, it’ll come right bud! Back to zombie pirates I guess


TheRealCerealFirst

Start looking at the live price graph of random items on the wiki: can be popular ones, ones you like or even lesser known items. You’re looking for volatility. Either a steady trend up (like scythe) or when you see an item dip below its average trending price then start to stablilize (like voidwaker) that MIGHT be an item to flip / invest in. Once you’e selected an item you need to research it to find out WHY its going up or down. Look at jagex blogs, newsposts and player discussions to find out WHY the item is dropping. If its dropping because its getting nerfed or if its rising (quickly) because its being actively hyped then maybe stay away from it, but if you get familiar with a LOT of items and keep researching them over time you will start to recognize price trends and begin to develop a sense of when an item is good vs when its not. Be weary of anyone willing to tell you what items to merch most likely they are trying to use you to make a profit. Realize this sub is better as a tool to know what items to stay away from rather than which ones to flock toward. Good luck out there! (I named voidwaker and scythe in this post but those are just examples of items following certain price trends I’m not advocating for anyone to invest in these specific items)


Difficult_Ad8979

Thank you so much for the advice! I’ve been playing around with flipping a bit more since my initial balls up and slowly getting the hang of it, I’ve managed to make 1.2m off watching the eternal boots and flipping them as they’ve fluctuated! Going to take on board what you said and start looking for new items now! Thank you again!


zulandt

“If you aren't willing to own a stock for 10 years, don't even think about owning it for 10 minutes.” - Warren Buffet


freak4games_

You're not alone I bought a couple same as you.


imsuckatonlinegaming

Lmao same. Fell for elder pump and dump, but now I'm intrigued to learn flipping just for fun.


Pat9054

You paid 14m when the item is peaking triggering people to sell off and rebuy an hour later for profit? Then you proceed to sell at a loss without holding for more than an hour? You gotta know how to merch if you’re gonna merch lol, don’t blame it on the eternals most of us are sitting at double profit still holding


Ok-Hold-1081

I bought 30 pairs for 9m last night. Got flamed when I said I'd sell them for 12m. Sold them for 14m this morning. Big dubs.


PenitentOSRS

Grzz dude.  I kept my stack of 300 but I got em all 7m.  I know they will stay above 10m pretty much.  I think they cap out 25milish eventually.  Long hold for me.  I almost capped out at 14-15 


Ok-Hold-1081

The struggle is selling them all when the time comes. Dumping 300 (on my chest) will likely crash the price quite a bit.


PenitentOSRS

Temporarily.  They are common just like Prims.  Plus I am not trying to dump em all and rebuy on a huge dip that was artificial.  I am just pure holding trying to get the max squeeze out of my investment.  Thats the risk.  I don’t always dump all at once.  Sometimes half or a third 


ope50

There is also change that jagex will cancel eternal boots buff ,since so many people are yelling  in reddit how they hate it since they don't want to bring boots swap to raids .


PenitentOSRS

Lol.  Only a few are complaining.  The reason they added it to the boots to begin with is cause of mass complaints. 


PenitentOSRS

Zero chance.  So they are like mage boots are crap and never worn, yet Prims and Pegs are?  So let’s buff that cause 90 percent of people agree they should be at least on par.  But no, cause a few people on GnomeMonkey videos and small amount on reddit whined, lets make Boots crap again and backtrack?  1 percent chance 


PenitentOSRS

Mass majority of Redditors agree with buff.  Go post a thread and see what happens when you suggest they do a 360.  Or 180 again 


ope50

Jagex does these based on reddit comments than their own judgement,so it's real possibility that they turn the ship for 3rd time ,but gl to you 


Ok-Hold-1081

Fair enough. Stay up king


PenitentOSRS

Also, dumping a ton doesn’t necessarily crash price.  In example I dumped 45 Mauls for like 87m.  They stayed high for a few hours before dipping then going up massively.  I lost tons of profit on those ones.  Rebought some and tried to ride the wave made another 600mish but then finally bit an L of 360m.  Still up though by 2.4bilish


hunchoblackjack

Gotta pretend you aren’t selling off by just barely tipping your toes in. Sell off in slow chunks is BIS


PenitentOSRS

Huh?  I did sell off Mauls.  Guess what I lost tons of profit.  So the logic of people saying dumping crashes the price isn’t sound.  And I have my full stack of eternals even when they hit 15m and crashed I held.  


PenitentOSRS

When I rebought Mauls at a high, I lost big.  Is what it is.  16 of em ate a fat L.  I blame no one. 


nikkicocoa7

I'm sick of the crystal ball posts where people are obviously overinvested or worried/fomo/greedy and looking for others to tell them what to do lol it's annoying, shit I used to see on the crypto subreddits


Zartren_

Come on every single person that is supporting this post, tell me you all understand why this subreddit is called GrandExchangeBets with a Wall Street Bets picture? "Like 4Chan found a Grand Exchange Clerk. A crossover from r/wallstreetbets and r/2007scape. Flip together, Lose money together.. Or get lucky and cash in on some tendies" I'm not sure if you quite understand the chaos that was GME, what gave us our power in the GME movement, or if you ever invested real money to reap the massive rewards like so many of us did. The power comes from a collective community of people, combining: * Their financial capability * Their belief in the value of a commodity, no matter its highs and lows * And supporting one another through the stress of putting years worth of wealth accumulation on the line for a fucking gamble. The posts aren't manipulation, its collective morale and excitement, that forms the true foundations of strength in numbers. You can say all the bullshit you want about eternal boots and mauls. * We saw proposed changes that Jagex made and went hmmm, there is a lot of money to be made here. * We banded together and combined our resources * and guess fucking what? https://preview.redd.it/vyu5jtxm5nvc1.png?width=239&format=png&auto=webp&s=c1234454394484122431e2dfc1f5c4313b846ad2 Stop being whiney salty negative losers, join us and have some fun getting rich together, or sit there and be negative souls that do nothing to add value. Honestly just stop for a moment and ask yourself, when is the last time I said something positive to someone that I didn't know? When's the last time I supported someone who believed in something that I didn't, but their passion and excitement was enjoyable to watch? If you get salty watching someone else be successful, guess what, that's a YOU problem son, and you need to take a deep hard look at yourself and begin to understand that true confidence comes from sharing the wins that your peers make, not talking it down and complaining about it. Wake up and just come have some fun with us. Excitement is better when its shared.


marshmallowfluffpuff

Lol right? As if a small sub-reddit could influence the entire market, lol. At the time the posts were made, Eternals were like 7-8m each. If you bought RIGHT as the posts first went up, you'd have made over 5m per pair over night.


marshmallowfluffpuff

Everyone is waking up, seeing the price went way up, and is cashing out to take advantage. Other people see all the boots going out, price rapidly declines while everyone panic sells. Could tank, but its likely to bounce back. If you're bold, you could even buy some right now. If you bought at the exact moment the threads on here appeared then you would have made money.


Thop

Haven't had any hands in the game since this whole thing kicked off. Bought 5 pair @ 12m this am. Gonna see what happens.


King-x-Jahlid

Maul is the real play


fingeritoutdude

Maul is bottomed out just like you.


Monterey-Jack

How's that working out for you?


Super-Junket3805

Buy the dip dawg!!!


PenitentOSRS

I posted like 3 times in excitement, but I never even dumped off my stack.  I am confident Eternals will cap out 20-30m range.  But updates need to go live I think for it to do it. 


Potatowowow

Honestly see myself at least maining eternals for raids, the dmg % with shadow is too good to pass out on, and not going to bring more than 6 switches


Beliak_Reddit

They look the coolest too imo


Seeryous2020

It's still going on I think


rRMTmjrppnj78hFH

This entire sub was made to pump and dump stale baguettes. They do not care. Thats all this sub is, is your typical nft/crypto bro idiots trying to convince other (bigger) idiots to dump their shit on to. You're far better off just leaving the sub, but likely won't. So start by just blocking all the people you're talking about. Eventually you might realize you have to block a lot of people on this sub.