Oh No! Not the Second Wave!
Hey guys, so with the "egg market" crash.. everyone is referring to it as a wave of prices falling down, which will eventually pick itself back up.. But to my knowledge, when arcanes hit 900k, right after event ended, that's only the FIRST wave of a market crash. Many people are hoarding mythics and arcanes to sell for a lower price, I can't blame them either, it's usually a smart way to make a profit. Only one thing though, this type of situation is different right? This is what I think is is going to happen/ is already in the process of happening:
Event starts, everyone sells everything they loot before prices drop
More and more people selling, till prices drop TOO low
Now people realize they could be making more money if they hoard eggs to sell later for profit
^While that's happening people are simultaneously opening eggs to complete AP's and get a good deal to max out stable
Now it's the end of event, and people are hoarding more, prices start raising themselves up..
Here is when I think it's a mock success, the egg market is "bluffing" if you want to call it that
Now a few days/weeks after event ends, people start selling eggs for "profit", but uh oh, demand is low because people already bought eggs while cheap
Since demand is low, and the market is being flooded with hoarded/unwanted eggs, prices will drop again
Brace yourselfs, the second market crash is happening now
This is my idea of whats going to happen, and no I'm not complaining about market crashes. I am grateful for this event :). I just want to know if my suspicions will be confirmed.. Am I over thinking it guys? Or am I on the right track
Thanks for putting up with my loosely formed thoughts haha