@SpeedyThingGoin4 Players list their items and resources on an in-game exchange where they can be indirectly traded to other players. Prices react based on market factors such as supply, demand, scarcity and trade volume. It's not perfect and it's overly simplified, but it's actually pretty close to how financial markets work in real life.
Charlie (Critikal) and his friend decided to buy monkey nuts for the joke just because it sounds funny. Viewers decided to get in on the joke and also buy monkey nuts and give them to Charlie. Even though monkey nuts never changed in value, because so many people started buying them, the price went up. People who had never heard of Critikal saw this massive climb in price and decided to also buy monkey nuts as an investment (buy low and sell high). This snowballed into the effect you see where he was able to get monkey nut prices to increase several times over (200 to 10,000). He unintentionally did what is known as a "pump and dump" scheme in the real world (something that is illegal).
I just imagine all the runescape bots that were auction house rats, just spent their entire gold-selling fortune on monkey nuts because they didn't code for a monkey nut inflation.
All the monkey nuts in ge are from "A friend" who showed a vid buying them from karamja for cheap and selling to ge for like 500k and hour aha so thats why there are fucking thousands of them in the ge.
Most arbitrary things that are worth a lot are because of this, like glasses. One company owns 99.9 percent of all glasses stores, and they sell them for WAY too fucking much, when it costs 10 cents to produce them.
@@krakowski_6237 for the longest time I couldn't afford glasses. Because of this, I did terribly in school, as I couldn't see shit and my dyslexia was real bad with the blurry words. Thanks, Capitalism!
@@krakowski_6237 no, you're wrong. Luxottica only owns 14% of all glasses. Which is the largest company In the glasses business. No one company owns it all
@@Jake-oz7rs Luxottica has more than a quarter of global value sales as of its merger with Essilor in 2017 I believe (euromonitor article, can be found through Wikipedia links). Beyond that, though, is the issue that they have a vertical monopoly, owning several prominent optometry chains and the second largest vision care insurer in the United States (Snopes article on 80% claim). So while they don't technically control everything, they might as well for the average consumer, and have naturally come under fire for their monopolistic pricing.
I had 350aug storm skins on csgo crashed the value of the whole csgo market for 48 hours. The aug storm spiked to a 1,500$ skin then the next morning was worth .30$
One day i wanna become a streamer and then make people send strange classics to me and take it out of the market, then make then sell strange classics for a 100 bucks, inflating the price.
Sucks that i hurt my back came home and missed the start of this beautiful fiasco. Now im not able to work due to severe back pain but seeing that you posted this so i can be there for the start makes my day, Thanks charlie.
Oh my god watching this in 2022 makes me feel like I’m listening to crypto people talk about memecoins and stuff. I wouldn’t be surprised to see a coin called Monkey Nuts tbh
5 years later wanted to thank the cr1t community for helping me make some of my closest friends from people finding me through this specific video on the channel where I informed Charlie about monkey nuts drama. Amazing.
I like to revisit this video every once in a while to remember the great events of RuneScape history. First was the Falador Massacre, then the arrest and imprisonment of Josh Pillault, and then the Great Monkey Nuts Explosion of 2017. What could possibly be the next big move for the RuneScape community?
When they announced Monkey Madness 2 on OSRS loads of people bought up monkey nuts thinking they would have a use in the quest, and they inflated like crazy They weren't even used in the quest but I made a shitton of coins just buying loads of them and dumping them into the GE
the notification squad comment section is so disappointingly boring because everyone's just trying to comment quickly I just had to see a comment that just said "dab" and nothing else
You clearly are just a fucking casual and you don't understand how extensive and dedicated the runescape community is. If you even had HALF the dedication of a runescape player you would be operating at 200% of the efficiency of a normal human. Stay casual fucking normie
This is what happens when you go through buying everything at any price. If you have enough money, you can turn it into more money by taking control of supply and demand.
This reminds me of the time when I played EVE on jita, the prices of a type of mineral dropped down by thousands of credits because someone went on chat and gloated about how much they were making off the mineral
why does the other dude sound exactly like cr1tikal except higher pitched
Bafooba lmao I thought the same thing dude
He's a version of Cr1tikal that split from Cr1tikal himself.
Bafooba This is his voice reel; his range goes from the most unenthusiastic handjob ever to a somewhat more enthusiastic prostate exam.
Bafooba pretty sure its his brother
Holy shit, i thought i was just too high
It's scary but Runescape being used as an economics simulator is accurate.
Can you run us through whatever this is?
I have sources suggesting the price of owl meat is going to rise exponentially
The grand exchange is basically a stockmarket.
yeah so how does that go?
@SpeedyThingGoin4 Players list their items and resources on an in-game exchange where they can be indirectly traded to other players. Prices react based on market factors such as supply, demand, scarcity and trade volume. It's not perfect and it's overly simplified, but it's actually pretty close to how financial markets work in real life.
As an economist, you have no idea how this made me happy
Charlie (Critikal) and his friend decided to buy monkey nuts for the joke just because it sounds funny. Viewers decided to get in on the joke and also buy monkey nuts and give them to Charlie. Even though monkey nuts never changed in value, because so many people started buying them, the price went up. People who had never heard of Critikal saw this massive climb in price and decided to also buy monkey nuts as an investment (buy low and sell high). This snowballed into the effect you see where he was able to get monkey nut prices to increase several times over (200 to 10,000). He unintentionally did what is known as a "pump and dump" scheme in the real world (something that is illegal).
The hell are you talking about? You asked for it to be explained so I did.
Lmao
lol talk about multiple personalities
you made my fucking day, thanks hahahaha
You guys were supposed to post a Runescape clip. All I see is a documentary on the 2008 housing collapse.
I was there. The Great Nutting of 2017 will be remembered for all time.
The Great Nutting... I wanna try Runescape
for All Time
me 2
Orgy?
From the Fappening to the Great Nutting. This millenia is awesome
Why is he talking with himself
He's not, he's talking with a friend, someone brought it up in the steam and... yeah.
GMAH111 talk about liking the sound of your own voice
Waffles : 3 I fucking hate people who dont get obvious jokes.
If I had cr1tikal's voice I would talk to myself too, I mean I still do, but it doesn't get my nipples as hard as his voice does.
ikr sounds like he's talking to a 16yr old version of himsel
I just imagine all the runescape bots that were auction house rats, just spent their entire gold-selling fortune on monkey nuts because they didn't code for a monkey nut inflation.
4 years
4 weeks
@@yosh9192 60 days
69
Shit forgot the unit of measurement
he cloned himself and is talking to himself now
Travitron 1 that's what I would expect from such a genius
Holy fuck this was prophetic
This stream was the funniest thing I've ever seen, thanks for uploading a little bit of that wonderful night charlie
Sarah Clegg I was laughing my ass off following them in game, one of the best rs streams tbh
SJN Productions dude they stream so late I'm never on osrs by the time Charlie's on, but regardless I was actually crying laughing
Oh no. This day came too soon. The monkey nuts economic explosion of 2017 was highly unexpected this early.
I haven't prepared properly yet!
Well Met 4Head mine was late... watched a critikal video late so my ejaculation was late
Justin Broedlow 9
Neo Seoul 11
All the monkey nuts in ge are from "A friend" who showed a vid buying them from karamja for cheap and selling to ge for like 500k and hour aha so thats why there are fucking thousands of them in the ge.
Cr1tikal and Cr2tikal
BIG NUTS , BIG LIFE
Johnny Boy BIG PENIS, BIG LIFE
Ya boy cr1tikal has a 1 inch above average peewee herman! 6.5 inches babyyyyyyyyyy
Johnny Boy BIG NUTS, BIG ECONOMY
8:06 "Is this what capitalism feels like?"
what yall did with monkey nuts in this video is the same reason why diamonds are so expensive
Most arbitrary things that are worth a lot are because of this, like glasses.
One company owns 99.9 percent of all glasses stores, and they sell them for WAY too fucking much, when it costs 10 cents to produce them.
@@krakowski_6237 for the longest time I couldn't afford glasses. Because of this, I did terribly in school, as I couldn't see shit and my dyslexia was real bad with the blurry words. Thanks, Capitalism!
@@krakowski_6237 no, you're wrong. Luxottica only owns 14% of all glasses. Which is the largest company In the glasses business. No one company owns it all
bagel that’s a monopoly bro that’s illegal in the us don’t think that’s true
@@Jake-oz7rs Luxottica has more than a quarter of global value sales as of its merger with Essilor in 2017 I believe (euromonitor article, can be found through Wikipedia links). Beyond that, though, is the issue that they have a vertical monopoly, owning several prominent optometry chains and the second largest vision care insurer in the United States (Snopes article on 80% claim). So while they don't technically control everything, they might as well for the average consumer, and have naturally come under fire for their monopolistic pricing.
Boy this is a funny rewatch after the GME madness
yep
And this is when the monkey nut empire started. In 2017 there was just 10’s of thousand, today there are more than 10 million. Keep going strong
it's like he's talking to a tiny clone of himself
Nah a castrated version of himself.
Weeds X 420
Wooden Chair
Rope
My fucking sides have left orbit.
Why would Jagex ban people for having a monopoly on monkey nuts? Are they scared of capitalism?
That is what I was wondering. Surely this is the sort of thing they wanted in a player driven economy?
nerfdude64 Because it worked too well, it was bordering on destabilizing the set market and making legitimate high end gear worthless.
Ah right.
Trust busting
pump n dump is illegal
the guy saying "trimming monkey nuts trade me" is an icon lmao 13:06
the wolf of varrock
leersay underrated comments
I have 1,049 frying pans in tf2
demo demo pan demo demo pan
I had 350aug storm skins on csgo crashed the value of the whole csgo market for 48 hours. The aug storm spiked to a 1,500$ skin then the next morning was worth .30$
One day i wanna become a streamer and then make people send strange classics to me and take it out of the market, then make then sell strange classics for a 100 bucks, inflating the price.
And now he has 275k
Always remember to keep dreaming boys, they might come true
And now he has 1.2mil
@@JackSwatman truly inspiring
4.5 mil
10mil
wow I'm mentioned in a cr1t video!! multiple times!
Olivia you were the informant after all
Thanks for the insider info
Olivia, can you please be my OSRS inside man? You did such a great job with the Monkey Nut trading.
One of the best nights in RuneScape I've ever had
I'm glad I got to be a part of this amazing demonstration of economics!
THAT'S ALOTTA NUTS
THAT'LL BE FOUR BUCKS BABY. YOU WANT FRIES WITH THAT?
HE JUST LEFT....... WITH NUTS
EATSFALCONPUNCH "Ill take a pound of nuts."
EATSFALCONPUNCH I love that movie
This is my fetish. Just behind the large dark nipples
Sucks that i hurt my back came home and missed the start of this beautiful fiasco. Now im not able to work due to severe back pain but seeing that you posted this so i can be there for the start makes my day, Thanks charlie.
EdgyGrandpa theres a channel that uploads charlies full streans just look up "random videos cr1tikal"
Yaya
YungRusty Grill get better
If I could like this a million times I would. Your oldschool runescape vids legit have me hooked on this game again! You're the best Charlie!
Hey Charlie, I've been having a rough time and I just wanted to say your videos really help keep my spirits up man so for that, I thank you sir!
Oh my god watching this in 2022 makes me feel like I’m listening to crypto people talk about memecoins and stuff. I wouldn’t be surprised to see a coin called Monkey Nuts tbh
Alright, who gave Charlie the full gilded? Fess up.
That diamond ring cost me 2k you better fucking marry me
Hunson The encrusted monkey nut was the bulk of the cost. Too bad it was brought down by the diamond...
5 years later wanted to thank the cr1t community for helping me make some of my closest friends from people finding me through this specific video on the channel where I informed Charlie about monkey nuts drama. Amazing.
I like to revisit this video every once in a while to remember the great events of RuneScape history. First was the Falador Massacre, then the arrest and imprisonment of Josh Pillault, and then the Great Monkey Nuts Explosion of 2017. What could possibly be the next big move for the RuneScape community?
When they announced Monkey Madness 2 on OSRS loads of people bought up monkey nuts thinking they would have a use in the quest, and they inflated like crazy
They weren't even used in the quest but I made a shitton of coins just buying loads of them and dumping them into the GE
the notification squad comment section is so disappointingly boring because everyone's just trying to comment quickly
I just had to see a comment that just said "dab" and nothing else
double dab
Dimmadab
This video made my day, thanks Charlie!
Cr1tikal just made runescape relevant again.
he's been streaming it for the past 5 days
Thomas Malone you mean even more relevant
You clearly are just a fucking casual and you don't understand how extensive and dedicated the runescape community is. If you even had HALF the dedication of a runescape player you would be operating at 200% of the efficiency of a normal human. Stay casual fucking normie
Dude I don't know who this guy even is but I'm pretty sure it's been relevant "again" for a while now.
My bad. Just thought one of the rules of the game was you had to play it in middle school computer lab
This was so great. I was listening to this at work today, laughing my ass off, while getting stared at like a mad man. It was just nuts!!!
just monkey nuts
Monkey nuts = gamestop stonks
this is the first thing i thought of when i saw the gamestop stocks😂
Wow, imagine the feeling of shame I now have knowing I missed this incredible event because of my highschool graduation. For shame.
this has become one of my favorite videos of all time
1960s: "I bet there will be flying cars in 2017"
2017:
Lmao
Damn....didnt expect you to see this...
Woah
I feel like the rope community for suicide isn't going to be a very sustainable market
That's it, I'm tuning in for the next, and every other stream.
this actually made my night, i started watching just as the nuts were going....... nuts
The lines of fire to increase the firemaking skill. Just like I remember it from way back when. Good to know some things never change.
Dude, this chat is gold. I wish I was watching this live.
19 minute video. NO ADS. PENGUINZ0 IS THE MAN!!! LOVE AND SUPPORT FROM JERSEY!!! BEEN A FAN SINCE RWJ VID!!!!
The ads from Hooked and Yarn are so freaking good, bro.
this is the best news channel ever
This is beautiful. Youve done me proud, charlie
My old economics professor really LOVES economics. this monkey nut market would make him jump over the moon Haha . S/o to Dr. Chen
I was waiting for this lmao
**sniffle, sniffle**
**scratch, scratch**
"Yo, you got any monknuts?"
runescape content......if it is this good all the time I want more of it
This was a roller-coaster of emotions.
Ingenious and creative, this is how history is made.
Watch how this man became a billionare in these three easy steps! Banks hate him!
"If anyone wants their loved ones ashes, there's a good chance they're in my pile here" lmfao
I'm so glad I decided to watch this stream
The legend returns
I'm holding back tears........This video is so powerful
I still remember this like it was yesterday
This is what happens when you go through buying everything at any price.
If you have enough money, you can turn it into more money by taking control of supply and demand.
This will go down in the history books as one of the greatest economic boons of the 21st century.
I'm gonna go out on a limb here and say that this is Charlie's best video yet
Honestly I might agree and I've watched him for a few years now
I didn't know what to expect when I clicked on this video. I wasn't disappointed.
This was amazing.
this is the most I have laughed in a long time
one of the best videos.
This sparked an era
This was amazing to watch in real time
I’ve been laughing so hard the entire video. This is fucking gold. Make a monopoly on Hammers and Sickles
So who is that other guy? He sounds very similar to Charlie or is that just me lol
metalsnake27 Trevor
Slender Death Trebor*
Pete Stokes trebhor
metalsnake27 Sounds like they could be brothers.
When do the livestreams on this channel start? If this is the stuff that goes down in them, I wanna start watching em live!
25k to 280k in a year, amazing.
i struggled to stay awake to watch this
Who would've thought Economics would be so useful here haha
This entire video is art
This is beautiful
This is now my favorite video of yours. It used to be Wrestling is not Fake
Thank you for reminding me of the Runescape pie.
Wows. I didn't expect this, I like both of these people! And I delayed watching SoGs video for... a video with both Critical and SoG...
a day that will be talked about for generations
Beautiful.
Never forget
I miss the amateur wrestling commentary. This is top notch content though
I've never been more happy
Damn. That’s nuts.
We should have seen it coming
Love the random dfs you have just chilling amongst a load of junk and clue rewards
This reminds me of the time when I played EVE on jita, the prices of a type of mineral dropped down by thousands of credits because someone went on chat and gloated about how much they were making off the mineral
oh how far you have come
Coming here after his new video, truly the power progression in this anime is ridiculous.
Ah this was a legendary night
I'm proud that I was there when it happened live
You did it congratulations👌