8 replies to this topic

[rowdierowd]

So the title basically says it all but ive just come back from a hiatis and noticed the price of dubloons are very low. I'm wondering what you guys think will happen in the future to the price of them if a new cove item were to be released and what do you think will happen if one doesnt get released anytime soon.  For some reason my gut is saying that if a cove item were to be released the price of dubloons would rise because of a higher demand for them.  If that were the case there is a good margin to make a nice return on investment... Just curious as to what you are all thinking. 

[Kaddict]

They would go up, but only temporarily and honestly there are much better investments out there. The best return would be on the higher dubloons, since people would just want a few hundred dubloon coins rather than tons of 2,5,10 coins etc. But still, probably not worth the effort.

[Nonexistent]

i mean, how often does cove even restock and when it does how many dubloons does it sink, compared to the gajillions of dubloons entering existence from multiple events each day

[Katya]

With the amount of dubloons floating in the economy I doubt a new cove item would be enough to raise their price and keep it stable enough time for you to profit from it, unless new items were released more often (every couple of months).

* I meant flooding, but I guess floating is a good description of the situation as well.

[looklook]

It's a bad investment. Too many enter the economy and not enough are used.

Edited by looklook, 30 June 2016 - 01:03 PM.

[Tammy]

I bought a few hundred for me to use for the cove in case there is another cove item and they go up a bit, but I wouldn't buy them as an investment to sell later. There are WAY better investments out there, dubloons are a waste of nps. High risk with a very low possible profit (if at all).

[ThatNeoGuy]

Do y'all think there's ever even going to BE a new cove item? :0

[Bones]

Cant add anything from the above^ apart from most decent cove items are only 300+so it would not get rid of a lot.

[neopetsexploded]

Yeah, unless any new cove items sells for more than 1000 dubloon each, there won't be much effect to the price of dubloons.

 

Even at 1k dubloon cost price, it will only take out 250k dubloon from circulation by the end of the cove release. It won't even do much difference considering there are probably double/triple digit millions of dubloon in the market. 

 

Anything lower than 500 dubloons cost price won't even inflate the price during item release.

If it's over 1000 cost price, the hoarders will bring the price up "due to supply and demand" crap for maybe 24hrs or so before it plummet back.