Wednesday, September 17, 2014

Diamond pickaxe crisis continues, prices skyrocket again

BLOCKMARKET - The diamond pickaxe price crisis continues as the value of the item increases even more, well beyond the 2772 threshold.

Earlier today, the diamond pickaxe's value increased to the point where it became the first item ever to cross the impossible 2772 threshold officially on Blockmarket.

The price looked like it was beginning to lower slightly, but then it took a turn for the worse, skyrocketing to the current price of $2860 per pickaxe and still heading up.

The prices are now relatively stable because the market is paralyzed - almost all trade portals are above 2772 for this item, meaning that buying it is impossible and selling is very difficult with the intense lag that may happen. Few trade portals remain under 2772, and buying with those trade portals will result in the price rising even more.

Because of this crisis, it's very unlikely that the diamond pickaxe will go under 2772 again anytime soon. If it does, it will be a slow, slow process.

Dave might need to change the trade portal prices for the diamond pickaxe to be traded again anytime soon.

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