Microeconomic theory and how it can be applied to the Russian Samovar

[jinxii]

Economic theory states that as demand rises, the price will increase also (if the supply remains the same).

Thus, the Samovar is not getting more valuable. It enjoyed a small rise in price and this combined with rumours of the Samovar being a Super Rare have caused people to buy them up (increasing demand) and stockpile them (decreasing supply). This is why the price is increasing; as soon as the price hits a certain high and everybody decides the sell their Samovars, the market will be flooded and price will decrease again. It is virtually impossible that such a high could be sustainable unless everybody withholds their Samovars.

The same explanation can be lent to the Holoboy, but attention is currently on the Samovar. As the Holoboy is virtually the same, intrinsically, to the Russian Samovar, I would advise anybody to buy them up now before it takes to the skies like the Samovar.

And know to quit while you're ahead.

[-:Undertaker:-]

I wouldn't sell now, yes the price could take a little dive if people start selling but at the moment there are not enough Samovars to go around so they are safe.

If they do drop 1 or 2 Hc's then I personally am not selling, I doubt they will ever go back down to 2 CS

[edgeways]

I'm with undertaker, i doubt the microeconomic theory is at play here its true that there is much more interest but i am sure there will be a drop eventually which would signify the value at which it would stay. I am sure some people are benefiting greatly from the rise but there are few who acutally own so many because there isn't that many in the first place.

There is just too much demand for it to ever drop down back to 2 hcs unless habbo changed something...

[-Eliminate]

cba to read the top part

but yh

i aint sellin yet

[Moozo]

Ive sold one, kept one.

[Ed.]

Dude this is basically how the Rare Value System works - when they are more in demand and being sold and bought for more - they go up in price