HC sofa report :)

[Gibs960]

HC sofas have recently gone down in price a lot. The main reason to me seems to be the recession in the real world, because of the recession people aren’t buying credits and people who want to sell the HC’s are selling them at what ever price they can get. On my friends list many people keep sending out messages, saying along the lines of “Selling HC’s 8 credits” and sometimes more or less. I’ve seen many people say that they’ve bought 2 for 16 credits, they used to be 14 credits for 1, so that surprises me quite a bit. Personally when I sold my only HC sofa, I sold it for 14 credits around 7 months ago. Since then the value of furni has dropped substantially. About 2 months ago I sold a Throne Sofa for 15 credits, now I think I’d struggle to sell it for 10. Recently, I’ve seen people going into Trade City and rooms like that selling lots of HC’s at one time rather than selling them 1 at a time. This could be for a lot of reasons, 1. Because they might need to sell them quick & they don’t think they’ll won’t be able to sell them later in the day or week. Or 2. They just might want to get credits quick and will sell them at a low rate to get the credits they need. But I still think HC’s should stay at the same price, because for people like me and poorer habbo’s can have HC’s rather than it be the richer habbo’s who have the good furni. And it means that richer habbo’s can buy more. Although for people who sell HC’s are going to hate what I’m saying, I think it could possibly help them in the long-run. But it could also hold them back, because people might say “I’m not buying that for 14 credits, when I bought 2 for 14 credits 3 months ago.” But it depends how dramatically the economy of habbo changes.

Since I had no solid evidence that people were selling HC’s at very low prices everywhere I decided to do some research. I went to T R A D E . V O L C A N O owned by SIMON1234, and there was about 3 people selling HC’s for 7 credits, that was all at the same time, and I only had to walk into the room to find out this information. Maybe if you wanted to do the “experiment” yourself you could easily do it by going to a trade room and seeing how much people are selling them for, remember the lower the price the better, and maybe you could buy a HC yourself.

There’s not really a definitive answer to the question, why is the price of the HC going down?, because other rares haven’t really gone down that much. It’s only HC’s really. Could the reason be our own greed, maybe. Because of the amount of HC’s in circulation they’re going down in price, like anything really, that’s the stupid thing about rares, the more people that buy that 1 rare, the price will go down, and that’s the worrying thing, if the price of HC’s keeps going down in a couple of years you could go to any trade shop and say “How much for HC Sofa?” and they might reply “4 creds.” Personally the thought gets me wondering, how long might it be until that day comes.

Thank you for reading my report on HC sofa prices, please give me your opinions on the matter, and please don’t tell me I’m completely wrong, it was just my personal opinion :) thanks :)

[Smits]

Since you get a HC sofa for any new character buying HC club, the number of HCs is always increasing, meaning ultimately, the price can only go down. Although it won't go that far down.

[Gibs960]

Thanks for feedback, please don't be afraid to say bad comments but thanks for readin aswell :)

[Samantha]

I agree with you to a point.

However, I don't think HC's are going down because of the recession, this shouldn't affect HC prices at all because Habbo themselves made the credit's you receive per £3 go down, hense less people buying them meaning less credits.
People are wanting more and more credits instead, as they have seen a lot of HC's and other furni begin to go for less and now people in shop's no longer want HC's for their rares they want credits.
Habbo themselves should do something to provide a few credits to everyone to make sure a shortage doesn't come.


When people get to choose their HC gift they will choose things like, throne sofa's, butlers and majestics based on the fact that these can sell for more than a HC sofa can. On the other hand, whenever people buy HC for the first time another HC get's brought into the hotel meaning there is a never ending loop for HC sofa's and hense people no longer wnat to buy them. However, if HC's stop coming in the hotel every day then the demand for them may go up as they become less popular and may eventually increase in price.

Anyhow, your opinion can't be judged and it can't be right or wrong at the moment, you base your opinion on what you find and you are right to do that.

I am a fan of HC sofa's I haven't seen them selling for 7 creds a lot today, someone tried to buy mine today for 6 credits but I was having none of it. HC's can make more than 7 credits, but people see Habbox as the law which it isn't it is only a guide but people swear by it and feel forced to pay 'the' Habbox price.


I may have just gone on and on but some of what I put is fact and opinion I hope you read. Thanks :D

[Gibs960]

And something I missed out, habbo used to give out 5 credits at special occasions, like 3 times a year, I think it helped a lot but recently habbo haven't done it because people with like 5 accounts just send it to their main account. I actually really enjoyed reading that little report iPoster +rep :)

[AgnesIO]

It doesn't take a ******* genius to know why credits went up in value./ And no it was not because of the ******* recession. Whoever put that into your head, I would go shout at them :rolleyes:

It's MARKETPLACE. You could get 14c per hc up until that was released. It is MARKETPLACE that has done that not the bloody recession. I mean isn't that obvious (even to noobs..)

[Gibs960]

The recession has had a slight difference, people have told me they've stopped buyin creds because they can't afford to buy credits and because the ammount of credits has gone down. But anyway thanks for feedback :)

[AgnesIO]

Maybe so, but that has not, to date, affected the value. Fact.

[thorn]

Well a lot of people are blaming Puhekupla..

As a few weeks back they posted about R45.

and the option for Habbo Club members to choose which furni they wanted..

So they thourght the value would drop anyway.

But what we meant by this post is that you need to COLLECT your furniture, not pick what you want..

[crazed]

It doesn't take a ******* genius to know why credits went up in value./ And no it was not because of the ******* recession. Whoever put that into your head, I would go shout at them :rolleyes:

It's MARKETPLACE. You could get 14c per hc up until that was released. It is MARKETPLACE that has done that not the bloody recession. I mean isn't that obvious (even to noobs..)

Never. Hcs went down to 10-12 way before marketplace came.

[Kyle]

lol nice..... hc prices changing? recession recession recession

[AgnesIO]

Never. Hcs went down to 10-12 way before marketplace came.

Not in my trades. I still plauyed before marketplace, and I ALWAYS bought and sold at 13-14 credits per hc. Believe me - I did buy over 1000 credits so..

[Gibs960]

This is quite a good thread for me, I'm gettin what u think for maybe another article :)

[Laurensh1]

It's not the recession - lol. It's the marketplace :)

[Samantha]

When the marketplace wasn't here I sold for 13-14c, when the marketplace came they were still selling 13-14c per.
People started wanting more credits, maybe a reason why the HC became distant and un loved (sounding like a pet atm sorry lol).

Anyway, if you think about everything, Habbo is to blame.
Throughout the years they have always been the blame for something, whether it was an accidental release, or a wacky weekends room, they got the blame from many 1000's of Habbo's. However, since the HC has gone down, many haven't blamed habbo, most have blamed habbox, the marketplace etc.

Habbox shouldn't have to suffer and get abuse thrown at them just because their reporters see them traded at 7c per (**note, when I was rare values reporter I didn't see them being traded for 7c**). However, as 'Dan' told us (not writing his whole name as I don't know it off by heart and it's hard to type) anyway, undertaker, firmly told us in the forum 'anything about trading and furni' the new way the rare value system works. He didn't say you had to go by what Habbox was saying now did he? He himself may find HC's cheaper or more expensive than 7c, but he can't change the value if a lot of trade's have been made at this price.

Marketplace, could place them at 7c because people decide to put them in and they are already a credit down from the ads, then they put the price they want in, say 7c, wanting it to sell for 8c, they may not realise that the commission doesn't come to them, it goes straight back to Habbo.
Overall, every time someone buys something from the marketplace, another cred leaves the hotel, some may come in but not many people buy them now. Also, buying ads goes to habbo so everytime, you buy something sell something or buy ads, at least 1 cred is going back to habbo meaning in the end there may be a shortage of habbo credits. Which means the HC may become more popular if there is a scare that there will be no more credits, then cred shops will become a thing of the past, the people who prefer creds will leave and then habbo may become a mess.


I remember when they used to give 5 credits out, they did this on the US too.
I remember logging on, getting my coins placing them in my room and as I was a noob back then I spent my first lot on 4 mats and a pool (noobish much), but it was the principle of the thing. Habbo gave you credits, and the next time they came out I went on the account and went on my older accounts too and found some on there. However, on one of my accounts I have never received free credits and I don't know why as I was registered verified etc.


I have probably dragged on again, hope you like reading Gibs

[AgnesIO]

This is quite a good thread for me, I'm gettin what u think for maybe another article :)

It's not what I think. It is the only fact in this thread.

They were still selling at 13-14c for a short while. Correct iPoster - but they were never going to drop over night. Look at the throne - the reason it went up ands up is because people wanted it for power. Now the same sort of thing is happening with Marketplace, people are willing to pay more for less credits as it is all marketplace takes.

[Jordy]

The Marketplace mainly, it's presumably stopped the amount of trading in general, especially for lazy traders who can't be bothered to bargain. Credits are also more practical anyway, it's always been difficult to trade for 0.4 HC, 4 credits is much easier. Because of reasons such as this, there's rumours about Habbox.com changing the currency from HCs to Credits. This would make the HC Sofas a worthless currency seeing as credits would be used for most things.

The news that in an update soon, you will be able to pick which HC Gift you get will also cause an influx of HC Sofas, sparking panic that they'll go down in price. The people starting the panic have caused them to go down by "rush selling" for low prices. People are continuing to panic, thinking they'll keep going down further, and this continues to lower the price.

Combined with the fact that most Habbo Rares in early January collapsed in price and went down over the month, the HC sofa too has gone down in price. Along with that there is the fact that less people are buying credits due to less people on the hotel and the real life recession.

All these things are likely to of contributed somewhat to the huge crash in the price of the HC.

[AgnesIO]

The Marketplace mainly, it's presumably stopped the amount of trading in general, especially for lazy traders who can't be bothered to bargain. Credits are also more practical anyway, it's always been difficult to trade for 0.4 HC, 4 credits is much easier. Because of reasons such as this, there's rumours about Habbox.com changing the currency from HCs to Credits. This would make the HC Sofas a worthless currency seeing as credits would be used for most things.

The news that in an update soon, you will be able to pick which HC Gift you get will also cause an influx of HC Sofas, sparking panic that they'll go down in price. The people starting the panic have caused them to go down by "rush selling" for low prices. People are continuing to panic, thinking they'll keep going down further, and this continues to lower the price.

Combined with the fact that most Habbo Rares in early January collapsed in price and went down over the month, the HC sofa too has gone down in price. Along with that there is the fact that less people are buying credits due to less people on the hotel and the real life recession.

All these things are likely to of contributed somewhat to the huge crash in the price of the HC.

Not rumours about the credit change. Been planned for ages :)

[Samantha]

I agree that people have been panic selling that's a good way to put it. Also, the rare vlues turning to credits, that is no longer a rumour it will happen eventually, but I think the HC will always have a place.

[Jordy]

Not rumours about the credit change. Been planned for ages :)Still is, no confirmation from management. From what I've heard, all the rare values team wants to change to credits (or atleast the ones higher up), yet the general managers here cannot make their mind up and have talking about this for a long while, preventing it progressing.

[Samantha]

I used to be on the rare values team, I wouldn't want to change to credits.

[brodeo]

I think it's quite a ridiculous suggestion this is related to the real world recession. Obviously, people are less likely to spend their disposable income on things such as credits but this wouldn't effect the market greatly. Besides, the sort of people who have enough money to buy credits for a virtual world are less likely to enter financial trouble and more likely weather the recession quite well.

I recommend you direct your debates to the trading forum, there are multiple threads and various opinions on SOFAGATE. Mostly people telling you to get rid of you're club sofas before they're worthless.

[AgnesIO]

Still is, no confirmation from management. From what I've heard, all the rare values team wants to change to credits (or atleast the ones higher up), yet the general managers here cannot make their mind up and have talking about this for a long while, preventing it progressing.


No, believe me. Whatever management think - it was planned with the new rare values panel (planned at the same time). After being staff in content and RV at the time - it honestly was accepted ;)

[Sharon]

All rares are changing at the moment, the Market place has ****** everything up. HC is gonna take a while to rise back I think :@

[Amzoe]

The prices are ridiculous. /end

[-:Undertaker:-]

We may be able to keep the Club sofa as a currency at the moment as we seem to of sorted the problem for the time being, the new panel anyway will include both CS and C and will automatically update if one changes the other. The CS as a currency has been overvalued for far too long, it was a common currency that in some ways became more desired than the actual rares it was supposed to be serving.

The rares market may look a lot more expensive now than it has been, but in reality we're still exactly the same with the only exception being that the power of credits had eroded that of the Club sofa and the Club sofa itself has now lost value. Its like in real life if you have a currency devalued or if it collapses; items will rise but in reality they are worth the same as they were before, just the face value (CS) changes.

The danger is that if we swapped over to credits fully, it could make it even worse.

[Mr-Trainor]

These are MY views and may not be the opinions of everyone,

The club sofas have not dropped or risen. 1 club sofa is still worth 1 club sofa.
Credits have risen after Habbo have introduced many 'comissions fees' which take credits out of the market. These include, the marketplace comissions and the present wrapping prices. Not to mention Habbo credit prices going up. This has caused the credit supply to drop and the demand to rise.

[majesticdragon]

You can get them for 6c easily on .ca ATM

[luce]

I though it was because people need creds for the market place so when they want them fast they will sell them cheap. We need to use cred values now since HCs are up and down so much. I have seen them going for 5c on friday :)! Sucks

[Samantha]

Habbo did too many updates to the credits, and now some rares have to suffer.

The HC has gone down in credit price but it is still worth the same as Luke said, no one can really control what values everything go to as habbo is constantly changing and the trend could change instantly.