what actually killed the hc

[smiffy70]

when i first started in dec 08/jan 09 they where at like 13 credz but now they arnt worth 3

Edited by HotelUser (Forum Super Moderator): Thread moved from "Habbo General" as I feel it's more suited here.

[hairpins]

ludus


put them in the catalog

Edited by HotelUser (Forum Super Moderator): Please don't post pointlessly thanks.

[karter]

Much because of their declining demand , That happened because the new furni range which slowly overshadowed the hc
When there were not much furni in Habbo , people preffered hc for sitting purpose. But more attractive sofas are there now.

[Plebings]

The HC was always considered more of a currency than a finance, A quick way of getting credits was just to sell a couple of HCs, when the marketplace came along people wanted to get credits quickly by selling it in there, unfortunately the only way yours would sell first was to make it the cheapest, this meant selling it for 1c less than what it would have usually been worth.

Gradually the value went down 1c at a time, when it got to around 8c people started to panic and sell all their HCs as soon as possible (chopping 1c off the average so it'll sell) which then lead to an even faster decline.

People didn't want HCs anymore as they wernt a stable currency and the demand stopped - HCs were always not the most attractive of furni and the demand for it previously was for it's universal value, now the value has been stripped away all thats left is a bright green sofa

[Catzsy]

ludus


put them in the catalog

When was this?

[Josh]

When was this?

Let's remember Hairpins said that......... and discredit it.

Marketplace made the HC drop. Everyone needed coins so they could put them in their catalogue and buy from that awesome new thing in the catalogue. So the demand dropped and the price followed. IMO, credits are so much better anyway. (Except taxes etc)

[Ajthedragon]

Started with credits, then the older habbos started to leave and new habbo's didn't see sentimental value in it. More were also in circulation. Marketplace finished them.

[-:Undertaker:-]

I said a while ago (few years back) that eventually, the Club Sofa would depreciate in value - infact in a way it did and always was, every boom period we saw items reaching higher prices in terms of Club Sofas which I suspect is because Rares were getting rarer but also the number of Club Sofas was constantly increasing. It is similar to a fiat currency in real life, if its not backed by anything then it will eventually depreciate back to its real value.

I guess a mixture of the above, coupled with Credits + the introduction of the Marketplace killed the Club Sofa.

[JACKTARD]

It was the marketplace.

[AgnesIO]

Much because of their declining demand , That happened because the new furni range which slowly overshadowed the hc
When there were not much furni in Habbo , people preffered hc for sitting purpose. But more attractive sofas are there now.

How embarrassing :S You are supposed to be an HRVR

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HC's dropped dramatically thanks to Marketplace, as others have explained.