Real values rather than face values

Hey,

With the merge and the introduction of marketplace, glancing at the values pages or at marketplace you'd get the impression that everybody is far richer than before, and that prices have generally all risen. A lot of people may even think of themselves as richer and that the merge was a good thing - you'd have to really think again.

The last 'big boom' and normal ones we had as a hotel was back in January 2010, after that it all went very pear-shaped with one thing after another. At that time, the Club sofa stood at the 10 C mark which meant that 14.0 CS = 140 C. At that time we had many common rares going over the 10.0 CS mark aka 100 C. The same also applies for supers.

In reality now to compare your present wealth to the past, you have to look at credit values. Here are just some examples now of some rares which, if we put them back in 'normal pre-merge time' aka January 2010 would stand at in value; Below are the 'real values' in CS of what they are really worth;

Throne - FALL
91.5 CS (in January 2010 this was over the 100 CS mark from memory)

Dragon Egg - FALL
102.0 CS (in January 2010 this was at around 300 CS to 400 CS from memory)

Typewriter - FALL
66.0 CS (in January 2010 this was reaching over 100 CS)

Hammock - FALL
0.6 CS (in January it was around the 2.5 CS to 6 CS mark)


You could sit here all night really viewing how badly they have all suffered, all you have to do it add the decimal point between the credit value to find out the 'real value'. The Pillows for example look good on the face of it, but in reality they are barely worth anything now in real terms; Green worth 3 CS // Blue 0.6 CS // Purple & Red 1.8 CS

I think overall the merge and the collapse of the Club sofa was very bad for us, but as usual I guess things will pick up and lets hope soon. Thoughts and have you been badly affected?

I have been very careful with my credits, ever since hcs been going down I have always used credit as a way of pricing furni, which hasn't failed me.

I haven't lost many credit from the hcs downfall, I have lost and gained a few due to the merge.
Once the merged was announced instantly prices on furni that people thought would changed was hard to sell and reduced in price.

Like I said on the other thread, once price on furni gets low enough and people will start to collect, the price will then start to rise
After the merge I did take advantage that there was no set furni prices on items and sold furni for quite high, made around 400c+ profit on around 10 furni (i knew i should have gotten a lot more.. lol), but 400c is a lot more than what I lost.

One of my loss was Eid Mubarak posters, which was 100c at the time, manage to sell them 40c per which was the best I could do at the time and even though I am at a loss, it was a good thing considering they are now 5-10c.

I have known people who collected hcs at 15c per, left habbo and come back and found they are 5c per, collected about 100+

Not everything went down, lasers for example. Aqua lasers are still going for over 200 credits. And I was richer through the merge because I used credits? :S

An how is it bad for us? It's better surely given we can buy rares more cheaply? If everything goes down, you may lose something, but you don't have to pay as much to get something else?

Quote:

---

Originally Posted by Ajthedragon

Not everything went down, lasers for example. Aqua lasers are still going for over 200 credits. And I was richer through the merge because I used credits? :S

An how is it bad for us? It's better surely given we can buy rares more cheaply? If everything goes down, you may lose something, but you don't have to pay as much to get something else?

---

Good point with your last statement their Aydan.

If the majority of things decrease in price, then it won't really affect you, as other things have gone done too. Aslong as everything decrease by a similar percentage, then you will be fine. It's just like inflation in real life, bread could go up to 1 Million Pound (Much like in germany after the war) but you will be earning like 50-100 Million pound a day (Hyper inflation)

Nice example there Danny. ;) And it was like a million million for bread I think. :L

I have been watching the club sofas and it looks like a load were being dumped over the last couple of months. The numbers seem to be dwindling now from over 700/900 to about 100/200. Hopefully this could mean that the club sofa will rally at some point.

Quote:

---

Originally Posted by Catzsy

I have been watching the club sofas and it looks like a load were being dumped over the last couple of months. The numbers seem to be dwindling now from over 700/900 to about 100/200. Hopefully this could mean that the club sofa will rally at some point.

---

Pretty sure there was over 700/900, possibly over 20,000. In fact, wouldn't surprise me at all. I see what you mean though, I guess they're just an ugly furniture now.

Quote:

---

Originally Posted by Ajthedragon

Not everything went down, lasers for example. Aqua lasers are still going for over 200 credits. And I was richer through the merge because I used credits? :S

An how is it bad for us? It's better surely given we can buy rares more cheaply? If everything goes down, you may lose something, but you don't have to pay as much to get something else?

---

Well nobody has said everything went down and as for the second point, it depends. Generall most people consider it bad when things go down and the market slumps as you have less chance to make profit, things struggle to sell and everything becomes unsellable. The same occured back in 2006 where we had a boom, it collapsed in 2007 and it was just terrible trying to sell things. Luckily this time around it is not as bad as that time.

I for example bought most of my stuff I have now (big rares) back on the UK hotel, meaning i've sort of lost out but at the same time i've risen by quite a few Thrones - mainly because I kept at least 2,000 credits spare rather than keeping Club sofas/rares.

Quote:

---

Originally Posted by Ajthedragon

Pretty sure there was over 700/900, possibly over 20,000. In fact, wouldn't surprise me at all. I see what you mean though, I guess they're just an ugly furniture now.

---

Know what I meant is for sale on market place not how many there are in circulation.

Quote:

---

Know what I meant is for sale on market place not how many there are in circulation.

---

I maximum I have seen is 600-700 on mp, then the next day it drops to 300

Quote:

---

Originally Posted by amarj

I maximum I have seen is 600-700 on mp, then the next day it drops to 300

---

I have seem up to 900 and as low as 157 this morning. It is presently at 322. The point I am making is the average amount for sale each day is dropping. It hasn't been above 350 for a couple of days.

Quote:

---

Originally Posted by Ajthedragon

Pretty sure there was over 700/900, possibly over 20,000. In fact, wouldn't surprise me at all. I see what you mean though, I guess they're just an ugly furniture now.

---

WAY over 20,000.

I used to have 2,000 at one time lol

Good thread, but it is too late. Not many people thought about it that actually it was just the hc sofa failing. The reason some rares have gone up is because of stupid players. I mean at one stage HC's could get sold at 15c each..

VERY badly effected, lost over 2000hc worth thanks to merge

Quote:

---

Originally Posted by Wilkd

VERY badly effected, lost over 2000hc worth thanks to merge

---

I think that would be more to values changing due to supers on uk being rare elsewhere??

well i prefer rares over credits.. i dont see the big hype over credits to be honest id rather have a set of icms or fans or pillows

something to look at rather than a couple of ingots....

nah i havent really lost anything and before the merge i wouldnt have afforded purple icm and still have thrones worth of furni left to play with... and i paid 1616c for purple icm and its now 1740.. was 400 hcs now 580 so im pleased.... still under 2T though which is a bit of a downer but im not looking on selling..... not for value anyway

has anybody considered, instead of the Club Sofa (CS) as a bench marker for values, how about Throne Sofas (TS)

These are rather stable at 10creds each if im not very much mistaken

Quote:

---

Originally Posted by Catzsy

I have seem up to 900 and as low as 157 this morning. It is presently at 322. The point I am making is the average amount for sale each day is dropping. It hasn't been above 350 for a couple of days.

---

This could be due to some of them have been on there for more than 2days and have expired and the owners have decided against re-adding them onto the MP

Quote:

---

Originally Posted by Santorefish

has anybody considered, instead of the Club Sofa (CS) as a bench marker for values, how about Throne Sofas (TS)

These are rather stable at 10creds each if im not very much mistaken



This could be due to some of them have been on there for more than 2days and have expired and the owners have decided against re-adding them onto the MP

---

Good point, although credits are still a more efficient currency. :P

Multiple posts merged by Mr-Trainor (Forum Super Moderator): due to being a result of forum lag.

Quote:

---

Originally Posted by Ajthedragon

Good point, although credits are still a more efficient currency. :P

Multiple posts merged by Mr-Trainor (Forum Super Moderator): due to being a result of forum lag.

---

we still used hcs even though they were 14cred each, creds were still an efficient currency back then too

i think 1 reason for the credits skyrocketing is due to the fact habbo have slashed the amount of credits you get for your money.... never in the 5 years ive played habbo have i ever seen such low amounts of credits for example ukash for ten pounds you'd get a hefty 150 credits but theyve slashed it by 33% and u only get 100

for ten pounds on your credit card youd have got about 120 creds now its 80.

as if their not multimillionaires already now their just being greedy