Nstars: Panic buyers/sellers (OMG the price is crashing to 350 lets sell my 1500 nstars) Diamonds: Eff 7 pick -_- the price will hit $25 each within 3 months I predict
Diamonds won't drop any lower. The server price is already $25, if people were to lower their prices then people would rather /sell hand their stuff
Yeah but server prices can change without warning if Andrew wants to change them. As users we can't depend on the server price.
True, they won't ever drop to exactly $25, but I do think in the future a sell price similar to iron ingots (you're lucky if you can find $7.75 per) will happen; people will buy for just over that price, ex. $25.25 or $25.50.
Mining has gained in popularity, so there are more diamonds than the demand can keep up with. The price has been driven nearly down to /sell hand. (I already sell hand almost all of my diamonds.) Also, with the auction of spawn towns in Rising looming, I m sur some people are cashing in their vaults. In general prices fluctuate because supply and demand are not steady and consistent. They depend on many factors and are very fluid because of this.
Basically Economy. If your smart with your money you will buy stuff that is low in supply and high in demand. Cough cough Spawnshops, Spawn towns and Actual unobtainables
Well, In Ecocitycraft, Prices of Minecraft Precious Metals(Iron, Gold, Diamond, and etc.) change depending on how many new players join the server. Because when a large wave of new players join the server, they need some money to buy tools and join a town. And the only option they have is mining(they can't fish much in the wild because the other players mess up the water sources and everything), so then they sell their resources to shop owners or other players. Therefore, the supply of precious metals increases. And when the demand doesn't increase when this happens, the supply keeps going up, and prices drop like crazy. So what I do is this: when a big spike on the ECC population graph appears, wait for the prices of diamond to drop, buy a ton of diamonds, and when the supply decreases, and the prices for diamonds go up, sell the diamonds for the higher price, resulting in profit.
