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Re: Predicting the value of the new ice crowns + original

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chris582589 is not online. chris582589
Joined: 26 Nov 2009
Total Posts: 8260
16 Dec 2014 02:31 PM
IF YOU WANT TO LOOK AT THE VALUES W/O SEEING ALL THE WORK, LOOK AT VERY BOTTOM


ORIGINAL ICE CROWN PREDICTION AT THE RATE IT WILL DROP
Current ice crown I would say is worth 500k on average (from what i've seen), it got multiple offers for 500k recently.

This equation is a prediction for the value of the original ice crown when the new ones go limited and the rate at which it diminishes.

y=500,000(1-0.025)^x

x = The amount of days new ice crowns are limited
y = average price of original ice crown



NEW ICE CROWN PREDICTIONS
Now for the other ice crowns, there are currently 205 red, 217 purple, 154 green, totaling to 576 gifts.

To find the average value of the new ice crowns, this is my work:
500,000 / 576 = 868 - price of original IC is divided by owners of new IC's
868 + 25,000 = 25,868 - This value is added to the price of the new gift
25,868 x 3 = [77,604 robux] - This value is multiplied by 3, the three new gifts


So: The average price sold for all the new ice crowns will be about 77,604 robux, how much will each one sell for individually?

Purple:
77,604 / 217 = 358 [significant figs.]
358 x 576 = 206,208
206,208 / 3 = VALUE : 68736 robux

Red:
77,604 / 205 = 379 [significant figs.]
379 x 576 = 218,304
218,304 / 3 = VALUE : 72768 robux

Green:
77,604 / 154 = 504
504 x 576 = 290,304
290,304 / 3 = VALUE : 96768 robux








"The world still revolves"
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HyperProduct is not online. HyperProduct
Joined: 11 Nov 2012
Total Posts: 3362
16 Dec 2014 02:32 PM
i would read if i knew how to math
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chris582589 is not online. chris582589
Joined: 26 Nov 2009
Total Posts: 8260
16 Dec 2014 02:36 PM
bumpppooo

I guess everyone hates math.


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joeyful is not online. joeyful
Joined: 23 Apr 2013
Total Posts: 34629
16 Dec 2014 02:38 PM
youre not taking in consideration that the reason purple/red have more sales is cause of demand


-[ iloveclubpenguin ] [ giraffe ] [ Sideffect ] [ Clockout ] [ byejoey] // [ +30,528 posts ]-
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chris582589 is not online. chris582589
Joined: 26 Nov 2009
Total Posts: 8260
16 Dec 2014 02:39 PM
Haha, as you can see this isn't based on demand at all. It's simply math stating what the values should look like.


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CfJr is online. CfJr
Joined: 28 Apr 2011
Total Posts: 33139
16 Dec 2014 02:39 PM
You can't predict the future.

Period.
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chris582589 is not online. chris582589
Joined: 26 Nov 2009
Total Posts: 8260
16 Dec 2014 02:40 PM
@Cf

the greatness about math is that you can predict alot of things that will happen in the future related to numbers.


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polfy99 is not online. polfy99
Joined: 06 Nov 2009
Total Posts: 60270
16 Dec 2014 02:40 PM
wat if they dont go limitd
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CfJr is online. CfJr
Joined: 28 Apr 2011
Total Posts: 33139
16 Dec 2014 02:42 PM
You're just basing it on the numbers.

There's so much more to it.
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chris582589 is not online. chris582589
Joined: 26 Nov 2009
Total Posts: 8260
16 Dec 2014 02:43 PM
@ Cf

"more" to it is the demand part, like I said, this isn't based off of demand.


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CfJr is online. CfJr
Joined: 28 Apr 2011
Total Posts: 33139
16 Dec 2014 02:44 PM
demand, looks, time taken to go limied, etc.
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Squidr is online. Squidr
Joined: 06 Aug 2011
Total Posts: 63665
16 Dec 2014 02:45 PM
value isn't based on sales u idiot

so this is off
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chris582589 is not online. chris582589
Joined: 26 Nov 2009
Total Posts: 8260
16 Dec 2014 02:46 PM
So much hate.


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Loblaws is not online. Loblaws
Joined: 03 Apr 2008
Total Posts: 61908
16 Dec 2014 02:47 PM
i dont rlly get it
if all that mattered was sales, it mite work
but price takes sooo much more

you can't rlly say "oh, i'm ignoring the other stuff" because if you ignore that you admit that it isn't really doing anything
you have to take everything into account for a legit formula

 Loblaws is 4 kool ppl‡„‰ 
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Sharkius is not online. Sharkius
Joined: 08 Dec 2013
Total Posts: 1351
16 Dec 2014 02:48 PM
PLZ BUY CWHP+THINGS
BUT NBC
AND WANTS IC
PM ME PRICES ILL GET BC
=D
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joeyful is not online. joeyful
Joined: 23 Apr 2013
Total Posts: 34629
16 Dec 2014 02:48 PM
rdc would be worth WAY more if this was correct


-[ iloveclubpenguin ] [ giraffe ] [ Sideffect ] [ Clockout ] [ byejoey] // [ +30,528 posts ]-
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SwordFireSteel is not online. SwordFireSteel
Joined: 25 Aug 2011
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16 Dec 2014 02:49 PM
Just read the bottom, lol.
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chris582589 is not online. chris582589
Joined: 26 Nov 2009
Total Posts: 8260
16 Dec 2014 02:50 PM
@ Lob

I totally get that, I was trying to point that out to the butt hurt people.


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TalkingBackUp is not online. TalkingBackUp
Joined: 01 Oct 2010
Total Posts: 16898
16 Dec 2014 02:51 PM
notice how he said predicting, which means an educated guess.
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vador327 is not online. vador327
Joined: 26 Mar 2010
Total Posts: 7140
16 Dec 2014 02:52 PM
so wat will original be worth according to thuis

~Hohohoho Travelers I'm gonna have to take those items from you.~ Previously named WalrusMcFabulous
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joeyful is not online. joeyful
Joined: 23 Apr 2013
Total Posts: 34629
16 Dec 2014 02:52 PM
a hypothesis is an educated guess
a prediction is just a guess


-[ iloveclubpenguin ] [ giraffe ] [ Sideffect ] [ Clockout ] [ byejoey] // [ +30,528 posts ]-
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QuackMooDuck is not online. QuackMooDuck
Joined: 28 Oct 2011
Total Posts: 3434
16 Dec 2014 02:52 PM
If this were true my hooded spacelord would be worth a dominus empyreus.
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iFedoraSparkle is not online. iFedoraSparkle
Joined: 27 Mar 2012
Total Posts: 2484
16 Dec 2014 02:53 PM
You aren't taking demand into consideration. The item that was bought more probably has more demand than the item that was bought less?

Meaning that in demand, Purple>Red>Green.

Your method is based completely off of amount of sales, And also, 100 people were randomly awarded one of the gifts.


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chris582589 is not online. chris582589
Joined: 26 Nov 2009
Total Posts: 8260
16 Dec 2014 02:56 PM
@ ifedora

I knooooo!!

qq i've been trying to tell everyone, this is math haha. With math you cant determine the value based on looks AND demand, it is impossible, lol.


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joeyful is not online. joeyful
Joined: 23 Apr 2013
Total Posts: 34629
16 Dec 2014 02:57 PM
@fedora
rarity DOES come in account. i wont doubt gic being more then pic

it all depends on how well these ice crowns turn out. if the purple ice crown looks like it does on leakblox, itll surely not be worth the most


-[ iloveclubpenguin ] [ giraffe ] [ Sideffect ] [ Clockout ] [ byejoey] // [ +30,528 posts ]-
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