Do Minecon 2015 capes appreciate in value?

[TheKiwiColonel]

Hello,

I'm just wondering how Minecon 2015 capes' prices work (on an account).

Do I wait a few years for it to increase in value, or will it remain constant/decrease?

Any figures from history would be useful if anyone has them to hand.

Many thanks,
Kiwi

 

[TheKiwiColonel]

The market is always changing, therefore prices are as well. Back in 2015 Nic was fucking the market by selling 2011's for 120$, now 2011's sell for around 180-250, thats just a small example of how accounts are always changing in price, time will never tell.

so, there isn't a pattern of it either increasing or decreasing in price over time?

 

[Struggle]

so, there isn't a pattern of it either increasing or decreasing in price over time?

Well as an item gets rarer it will inevitably gain value, but as Minhaz said it can fluctuate.

 

[TheKiwiColonel]

Well as an item gets rarer it will inevitably gain value, but as Minhaz said it can fluctuate.

sure thing, but what about Minecraft's popularity? I believe it is decreasing so that will probably effect the price (in that it'll stop increasing as demand decreases as well as supply)

 

[Struggle]

sure thing, but what about Minecraft's popularity? I believe it is decreasing so that will probably effect the price (in that it'll stop increasing as demand decreases as well as supply)

That too..

 

[TheKiwiColonel]

That too..

possibly it's best to sell off now, and use the money in another asset that will appreciate quicker in value[DOUBLEPOST=1485102013][/DOUBLEPOST]Anyone else got any experience/suggestions? Anything would be much appreciated - or tag someone you think might know something would also be fantastic

 

[TwistedRain]

sure thing, but what about Minecraft's popularity? I believe it is decreasing so that will probably effect the price (in that it'll stop increasing as demand decreases as well as supply)

Minecraft isn't decreasing at all lol. Have you seen there stats they are doing completely fine if you wait a few years you might be able to sell your cape for a lot more than it goes for now.

 

[KiwiGaming]

Minecraft isn't decreasing at all lol. Have you seen there stats they are doing completely fine if you wait a few years you might be able to sell your cape for a lot more than it goes for now.

are there stats that would prove this? (any kind of site that tracks?)

 

[TwistedRain]

are there stats that would prove this? (any kind of site that tracks?)

I'm sure you can find them online I took a look at them a awhile ago they usually update it on the Mojang Twitter I believe. I just know they peak at 3 mill on weekdays or around that.