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Re: To be honest RAP actually makes sence

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GloryOfTheArctic is not online. GloryOfTheArctic
Joined: 02 Jun 2013
Total Posts: 1105
21 Jan 2014 07:34 PM
I'm not hating on anything here. Just giving some logic.


Let's start off with a few things. Demand is everything. What is value without demand? There is no value to something if it has no demand. "No" you say? Thought so. Would you buy a piece of rusty crap from a garage sale? Oh, you wouldn't? Why? Let's see the logic behind that. Well first. You have no need not want it. Alright. You don't want it. Thefor it has no value to YOU. Know, as for as I know most people wouldn't want that. Well, then it has NO demand.


If it has no demand then who would pay anything for it.


Alright, let's move on.

How do you determine a Iteams value?

Well let's look at. Why is gold valuable, well for one, it becomes more rare the more we buy. Therefor it's value rises. And do people want gold? Yes, lots of people. Therefor the price rises.


So if its rare it has value? No, not at all. If you discover a new piece of material or substance. And no one wants it. What value does it have? No one wants it, so it can't possibly have value.


Now, there is value, and sacramental value. Not going to get into that but most of you know what that is.


The value of a iteam is determined by what people are willing to pay for it.

Let's take LMAD as a example.


RAP = 10k but you say hat = 50k

But no one is willing to pay 50k for the hat so it is not worth 50k.

The RAP actually tells you how much people are willing to pay for it.

But hey, it's on the internet ANYTHING can happen.



Don't worry, it's not all your fault, inflation causes this as well.

Let's take the US dollar, do you know why prices rises in everything? Well for one, we are printing so much money, it becomes worth less. So we have to rise the price.

I will come out with part 2.


I love LMAD. Not hating on anything. I have had a illumina once. So I can understand


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mugge47 is not online. mugge47
Joined: 21 Oct 2010
Total Posts: 32522
21 Jan 2014 07:36 PM
And that is why I rap trade as much as I can

"Im not hatin' Im just tellin you."
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GloryOfTheArctic is not online. GloryOfTheArctic
Joined: 02 Jun 2013
Total Posts: 1105
21 Jan 2014 07:37 PM
Ye
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trail39rulez is not online. trail39rulez
Joined: 12 Dec 2010
Total Posts: 50027
21 Jan 2014 07:38 PM
"Recent average PRICE" tried to make it clear
We don't buy/sell hats, and hats sell over the RAP too, we trade hats, and value comes from what it goes for in a trade

Serial # finder: http://www.roblox.com/Forum/ShowPost.aspx?PostID=115679549
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Killmania628 is not online. Killmania628
Joined: 25 Jul 2008
Total Posts: 7829
21 Jan 2014 07:39 PM
gold actually wasn't rare to begin with

historians have no idea why gold became so valuable, its wasnt a very useful metal back then
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GloryOfTheArctic is not online. GloryOfTheArctic
Joined: 02 Jun 2013
Total Posts: 1105
21 Jan 2014 07:41 PM
Ah, I should have seen that one coming.

Alright, you owns. Piece of gold, he wants to trade, he will give you his old rusty rake.

You wouldn't accept the trade. Why? His iteam has no value. Your has a higher value than his.

What kind of value? Iv never heard of trade value. You are trading based upon what people will pay for it.

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GloryOfTheArctic is not online. GloryOfTheArctic
Joined: 02 Jun 2013
Total Posts: 1105
21 Jan 2014 07:43 PM
Actually, the Egyptians and other tribes loved gold as used it a lot.

And you are actually wrong, because when Columbus was around and the age of absolute monarchs gold was very valuable in the 1400's
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GloryOfTheArctic is not online. GloryOfTheArctic
Joined: 02 Jun 2013
Total Posts: 1105
21 Jan 2014 07:44 PM
qq
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trail39rulez is not online. trail39rulez
Joined: 12 Dec 2010
Total Posts: 50027
21 Jan 2014 07:44 PM
RAP on rares make no sense
Same way gold gets it's value.
In africa some ruler use to give gold out he had so much of it, after a while gold became so common it was worhtless

Serial # finder: http://www.roblox.com/Forum/ShowPost.aspx?PostID=115679549
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GloryOfTheArctic is not online. GloryOfTheArctic
Joined: 02 Jun 2013
Total Posts: 1105
21 Jan 2014 07:48 PM
Ah, I never said rarity makes the value.


Demand does. But what rises demand? Rarity.


Demand and rarity work together.


But you need both. So let's take your African king ruler thing, so much was given out it had lost its demand and rarity,

But, if you discover a new substance from a alien or something.

You may be the only one who has that special rock in the world but if no one wants it has no value..


If no one wants a rare it has no value
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GloryOfTheArctic is not online. GloryOfTheArctic
Joined: 02 Jun 2013
Total Posts: 1105
21 Jan 2014 07:50 PM
K
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OmegaPowerful is not online. OmegaPowerful
Joined: 11 Jun 2011
Total Posts: 75827
21 Jan 2014 07:51 PM
the demand point = awesome

the rap point = terrible
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b3njam1n is not online. b3njam1n
Joined: 05 Nov 2007
Total Posts: 19389
21 Jan 2014 07:53 PM
"But no one is willing to pay 50k for the hat so it is not worth 50k."

Exactly.
I'm seeing more and more of these types of threads though so this idiotic way of overpricing limiteds will die out soon
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polodna5 is not online. polodna5
Joined: 03 Aug 2011
Total Posts: 7917
21 Jan 2014 07:56 PM
But what about Vlad? The RAP is 100k but no one wants it. Plus, it IS a rare that no one wants.
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Malcolt3 is not online. Malcolt3
Joined: 17 Dec 2009
Total Posts: 11442
21 Jan 2014 07:56 PM
The somewhat intelligent opinion and logic in this is completely destroyed by the inability to spell the word "item."
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b3njam1n is not online. b3njam1n
Joined: 05 Nov 2007
Total Posts: 19389
21 Jan 2014 08:06 PM
"The somewhat intelligent opinion and logic in this is completely destroyed by the inability to spell the word "item.""

Because he accidentally added the letter A? Actually no. I'm pretty damn sure you got the main idea of his post, trying to demean someone for their spelling is quite pathetic...
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Kallibar is not online. Kallibar
Joined: 14 Oct 2013
Total Posts: 3219
21 Jan 2014 08:08 PM
This makes no sense to me because...I did not spend time to read it.

Your argument is invalid, why? Because the value on hats cannot go away now since it is already existent. It doesn't matter how you argue, most people will still continue value trading no matter what i say, you say or anyone else say.
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