fade we can't all be bullish, right?

Charts by TradingView

Thread

thesis rsgp is one of the oldest continuous in game currencies in one of the oldest MMOs in history largely responsible for a majority of crypto participants first experiences with markets, flipping (trading), merching (bundling supply) it’s connection to the real world is also important. There are entire regions economies that have been influenced by real world trading, gold farms and the advent of bots/automation Rsgp has been priced in dollars for decades as participants in both the bond market and RWT market interact with both the osrs and rs3 economies In a country like Venezuela, the incredibly monetary inflation devaluing their own currency is exactly why gold farms existed — priced in the dollar, through brute force 3rd world economies could hedge against their governments monetary policy How fitting then, for gp to now be paired to Gold, the oldest hedge against the economy that’s every existed Some argue RWT and digital economies are the entire precursor to crypto as we interact with it today Even further, it’s the clear preferred pairing to gldx on the entire stonk platform which is having its mindshare moment Stonk, is fascinatingly paired to the SP500 Stonk/sp500 == crypto growth / global growth Gp has the innate mindshare from a decades old brand and is ultimately a hedge against more boring and emotional irrelevant coins that may be propping up Stonk It’s pairing, is a hedge against the sp500 being at all time highs amidst geopolitical uncertainty and a new ai revolution Attention hedge paired with a macro hedge On the growth launchpad paired with global growth index I’m continuously putting my gldx sales back into bids until I reach 5% hardcore ironman btw

28 likes
Posted
2026-09-10 00:54 UTC
First seen
1d ago via trade comments
Chain
Solana
Likes
28

Other theses on this trade

RuneScape Gold$235.8K+5,639%

the gp ecosystem is growing rapidly over the last 24 hours canonical memes from famous RS moments surfacing, sub communities building and hearing whispers of utility focused dapps that use GP in some way the interesting thing, is these would be bullshit in 2024 in the era of AI, literally every derivative coin has the exact same potential for growth as the others launch, pair with GP, get instant exposure to a growing network of traders who genuinely owe their carers to experiences in this game gp will eat the entire stonk trenches and the top 10 leaderboard flip jagex, tp @ 2147m ironman btw

11 likes

Who will launch - phat/gp - rs/gp - xmascracker/gp - bond/gp This is going to have a massive deflationary moment when added as a quote token The derivative space is too strong underneath I suspect gp to 20-50m and the above tickers once deployed in the future to stagger up into even the low 2m range I think were the first token with 2+ sub pairs also in the top 10 by end of month

7 likes

It is not priced in what is about to happen to this once $GP is added as a quote token 20-50m reprice following that catalyst

6 likes

Just locked 2% of the supply for the week https://app.streamflow.finance/contract/solana/mainnet/DsggpS5wVoEN37o3C2issPCJZRjxgQwGPLtCBcRQg5HU

21 likes

Thesis When a state-backed currency collapses, people will move wealth into any accessible, scarce digital asset. During Venezuela's hyperinflation, RuneScape Gold (GP) functioned like physical gold: a stateless store of value anchored to human labor and digital scarcity. Cost of production Gold holds value because mining it consumes machinery, fuel, and labor, and its price rarely falls below extraction cost. GP works the same way. Earning it requires hours of repetitive manual play, electricity, and internet access. Because it costs real time and energy to produce, GP has a baseline value that does not depend on any government. When the Bolívar collapsed, GP held its price because it was priced by a global player base, not a local central bank. A stateless safe haven Capital controls made dollars and physical gold nearly impossible for ordinary Venezuelans to obtain. GP became the loophole. Trades settled on independent markets like Discord, outside government reach and untaxable. Millions of players worldwide demand GP daily, so Venezuelan farmers could sell instantly to international buyers at a stable price and bypass their domestic economy entirely. Protecting daily purchasing power Central banks hold gold to preserve purchasing power over decades. Venezuelans used GP to do the same over days. The loop: farm GP, hold it in-game beyond the reach of currency decay, sell a small amount to a broker when food or medicine is needed, receive local currency directly to a bank account, and spend it before it loses value. Risks Corporate control: gold belongs to no one; GP belongs to Jagex. A ban or server shutdown erases savings instantly. Virtual inflation: gold supply grows slowly; automated bots farm billions of GP, diluting its real-world value over time. The meta-irony The historical role of GP as a macro hedge has now been financialized as a memetic asset via $GP. The token pairs a parody currency with a gold-tracking asset (StockX GLDX) through a 3% fee reward pool. Fees are distributed pro-rata to holders in GLDX. A currency born inside an MMORPG, once a survival mechanism for people with no other option, now generates yield denominated in a derivative of real gold. The loop is closed.

6 likes

Two types of people in the world Those who played rs and those who didn’t Guess who has more money

6 likes