Real values rather than face values

[-:Undertaker:-]

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?

[amarj]

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+

[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?

[-Danube-]

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)

[Ajthedragon]

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

[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.

[Ajthedragon]

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.

[-:Undertaker:-]

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.

[Catzsy]

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.

[amarj]

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