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Re: A common misconception in regards to recent inflation:

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TaxRevenue is not online. TaxRevenue
Joined: 13 Apr 2011
Total Posts: 36313
15 Sep 2015 10:41 AM
Many users believe that the reason why so many big high demand items have risen so much is due to inflation. I don't believe that's the case. On ROBLOX, there really isn't much inflation (in all honesty). All items have a specific amount of owners, and what happens many times is that groups of owners will "declare" their own values of their own item, despite the item never being traded for or sold for that declared value.

For example: I see many valuing the BSTF at 225k-250k now (keep in mind, it is up for 197k and hasn't sold) and two weeks ago, it was 150k. It cant get traded for 225k to 250k, let alone 215k. I think the problem is that we are all trying to make as much as we possibly can, without factoring in demand. Many of these items have great demand, however many of these "declared" values are usually not what potential traders/buyers of the item are willing to pay/give.

In essence, I am saying that ROBLOX inflation is a hoax. Users make up their own values based on nothing, even when nobody is willing to give that made up value for that item. Traders and general ROBLOX investors alike have to wake up and realize that you cant just make up your own values, ESPECIALLY if you are basing those made-up values off of practically NOTHING and ESPECIALLY if nobody is willing to give that much for your item.
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SniperAce779 is not online. SniperAce779
Joined: 05 Jun 2014
Total Posts: 6815
15 Sep 2015 10:43 AM
#SUPPORT
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Empesor is not online. Empesor
Joined: 01 Mar 2009
Total Posts: 2183
15 Sep 2015 10:43 AM
lol true

but inflation durin certain seasons DOES exist

i.e Christmas, summer when kids buy robux.
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Coinman001 is not online. Coinman001
Joined: 10 Apr 2012
Total Posts: 56149
15 Sep 2015 10:43 AM
[2]
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Foxglacier is not online. Foxglacier
Joined: 24 Oct 2013
Total Posts: 82
15 Sep 2015 10:44 AM
I think the OP is brilliant, as I've also read his other posts but LOL LOOK AT HIS PRIMARY


HAH HA HA HA HA
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TaxRevenue is not online. TaxRevenue
Joined: 13 Apr 2011
Total Posts: 36313
15 Sep 2015 10:44 AM
I am glad that some of you agree with me
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Ronann is not online. Ronann
Joined: 13 Apr 2011
Total Posts: 3447
15 Sep 2015 10:45 AM
Well some items are definitely raising from demand eg GSTF, MBSTF and PSTF.
GSTF has sold for 300k+ twice now and is getting 350k-400k offers apparently, but don't quote me on that because I am inactive with it.


Siggy? What is a siggy?
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agil5 is not online. agil5
Joined: 13 Mar 2011
Total Posts: 52109
15 Sep 2015 10:45 AM
It's just biased teenagers trying to squeeze out as much value as possible without caring about making fair deals
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TaxRevenue is not online. TaxRevenue
Joined: 13 Apr 2011
Total Posts: 36313
15 Sep 2015 10:46 AM
>lol true

but inflation durin certain seasons DOES exist

i.e Christmas, summer when kids buy robux.

Inflation can happen at any moment. Right now, I'd say the majority of these items which have almost doubled in price have not actually been traded for, or sold for what they are being valued at.
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xLink123 is not online. xLink123
Joined: 07 Aug 2014
Total Posts: 11158
15 Sep 2015 10:47 AM
Mainly MBSTF, PSTF, BSTF, and RSTF

owners are projecting their own values
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Zrep is not online. Zrep
Joined: 20 Feb 2010
Total Posts: 1106
15 Sep 2015 10:49 AM
Well i think some of the values are wrong, like messor used to be more than 300k.
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Shedletsky is not online. Shedletsky
Joined: 21 Jun 2006
Total Posts: 9114
15 Sep 2015 10:52 AM
All the people who had good items when DevEx came out and wanted to sell have now sold.

So the supply of expensive items with motivated sellers is drying up.
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Calisthenic is not online. Calisthenic
Joined: 03 Jun 2008
Total Posts: 15865
15 Sep 2015 10:53 AM
i agree

and cv10k or whatever his name is kind of said this
he made a post "we've decided gstf is no longer 350k, it is now 400k"
or something like that
i also mentioned it.
before the summer, when i went inactive, RS was 700k. now it is 1.5m~? lol


rthrth5t4rs5y
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Zrep is not online. Zrep
Joined: 20 Feb 2010
Total Posts: 1106
15 Sep 2015 10:57 AM
And pstf went from 550k to 950k lolz
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TaxRevenue is not online. TaxRevenue
Joined: 13 Apr 2011
Total Posts: 36313
15 Sep 2015 10:57 AM
>All the people who had good items when DevEx came out and wanted to sell have now sold.

So the supply of expensive items with motivated sellers is drying up.

Correct me if I am wrong, but the Developers Exchange released in 2013 and that was nearly two years ago (or approaching that). I doubt that what happened in 2013 and early 2014 (users selling items for record lows) would still have a profound effect on the economy. I would think that the Developers Exchange would actually help out with the supply of expensive items, as new owners of items came in and prior to the DevEx's initial release -- it was only a couple of people who owned those big items, and now it's been spread out.
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flonk28 is not online. flonk28
Joined: 17 Sep 2008
Total Posts: 42319
15 Sep 2015 10:59 AM
its a shame ppl lik me cant devex!!!
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TaxRevenue is not online. TaxRevenue
Joined: 13 Apr 2011
Total Posts: 36313
15 Sep 2015 11:00 AM
>and cv10k or whatever his name is kind of said this
he made a post "we've decided gstf is no longer 350k, it is now 400k"
or something like that
i also mentioned it.
before the summer, when i went inactive, RS was 700k. now it is 1.5m~? lol

It doesn't make any sense. Besides, nobody "decides" what they want the item to be. Items are valued based on a combination of what they've been sold for, their demand, and what they've been traded for. It is one thing to overvalue your item in an attempt to get a decent deal, but CREATING your own value is another story. It just doesn't make any sense.


Also what I mean by overvaluing an item is valuing it a few grand above its actual market price.
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Ronann is not online. Ronann
Joined: 13 Apr 2011
Total Posts: 3447
15 Sep 2015 11:01 AM
Yeah same flonk. If I could devex I would of sold my GSTF for around 300k since it has sold for 300k+ twice now and devex, but I am stuck with it.


Siggy? What is a siggy?
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Calisthenic is not online. Calisthenic
Joined: 03 Jun 2008
Total Posts: 15865
15 Sep 2015 11:03 AM
It doesn't make any sense. Besides, nobody "decides" what they want the item to be. Items are valued based on a combination of what they've been sold for, their demand, and what they've been traded for. It is one thing to overvalue your item in an attempt to get a decent deal, but CREATING your own value is another story. It just doesn't make any sense.


if all owners make an item a certain value/like a hoard shared between people
it will be that value

it may lose 100% of its demand, but it will be that value
but if it HAS enough demand...aka stfs and RS and some dominus, people may actually give this

im just guessing and tbh it seems like this
i 4got which one, but one stf did raise like 50k in a day
and my numbers with gstf were off

rthrth5t4rs5y
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PotatoShadow is not online. PotatoShadow
Joined: 10 Apr 2011
Total Posts: 54239
15 Sep 2015 11:04 AM
Actually owners can make up their own values but that greatly depends on the demand of an item. If it has enough demand it'll most likely be traded for/sell for w/e the owners decide.

RAP: R$204,730 ~Formerly known as shadow888888880™
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Ronann is not online. Ronann
Joined: 13 Apr 2011
Total Posts: 3447
15 Sep 2015 11:06 AM
Damn, that is about 400 euro I could get if I could devex..


Siggy? What is a siggy?
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TaxRevenue is not online. TaxRevenue
Joined: 13 Apr 2011
Total Posts: 36313
15 Sep 2015 11:13 AM
if all owners make an item a certain value/like a hoard shared between people
it will be that value

----------------------------------------------

It will not be that value, and here's why: people may not be willing to give that much for the item. I can just say my PSTF is worth two million ROBUX, but is anyone out there really willing to give me that much for my item? I'd think not.

--------------------------------------------------

it may lose 100% of its demand, but it will be that value
but if it HAS enough demand...aka stfs and RS and some dominus, people may actually give this

-----------------------------------------------------------------

That's really a ridiculous thing to say. If it loses all of its demand, it wouldn't be worth what owners may think its worth. Say there is an item with twenty owners, and all twenty form a pact where they'd all agree to valuing their item at say 750k. Next thing you know, people seem to be going by their values, and two weeks later -- the owners decide to mark their item at 1.2M instead. I would bet you that many of those people who would of previously traded for the item (if it weren't for it suffering from massive inflation) would be turned off, and therefore not being willing to trade for the item anymore because they cant afford it.

Also in regards to the Rainbow Shaggy, that is one unusual item which has always been very volatile. In 2012, keep in mind, it sold for 1M out of nowhere and it was never sold for that or traded for that ever again until this year. The Rainbow Shaggy has great demand considering how the owners scam other traders and manipulate traders into giving them much more than what they should be getting. As of recently, the item was traded for 1.6M worth of items.

I would assume that the bubble will burst. I call it a bubble because the item is not getting nearly as many offers as it used to, in part because it is out of virtually everyone's budget now.

-----------------------------------------------------


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Calisthenic is not online. Calisthenic
Joined: 03 Jun 2008
Total Posts: 15865
15 Sep 2015 11:15 AM
@tax,

no, if something like eerie was not as expensive, the demand would skyrocket

the only reason some items that are extremely valuable have no demand is because they are so valuable

if ALL owners made pstf 2m, and would not give it for under 2m...then it = 2m
just no oe would want it for 2m, so it has no demand

i hope it makes sense to you

Like a monopoly, but in real life a monopoly isn't optional


rthrth5t4rs5y
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Calisthenic is not online. Calisthenic
Joined: 03 Jun 2008
Total Posts: 15865
15 Sep 2015 11:16 AM
in real life a monopoly isn't always possible to avoid**
my bad
donno wot i was trien 2 say


and u kinda just agreed with me


rthrth5t4rs5y
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billylones is not online. billylones
Joined: 15 Jun 2009
Total Posts: 33959
15 Sep 2015 11:19 AM
Yeah inflation isn't really occurring it's just a myth, debatably deflation is occurring.

Although the reasons for items raising isn't just due to owners being bias etc, over time anything with limited stock is bound to raise naturally, the demand and stock determine how quickly this occurs, but owners being bias etc does come into it.
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