Insane Snipes

Well last night one of our Moderators (lil_me) sniped a Seismic Singularity (instant bought and instant sold) for +158M lol.

I think you're misunderstanding the term "snipe". By our standard definitions a "snipe" is usually a flip/merch that:
1) Buys much lower than expected
2) Sells much higher than expected
3) Occurs much more quickly than expected

(Checking various Merchz logs and looking under players' snipes sections will confirm this, I think).

Because you're wondering about time, I think you're referring to highballs and lowballs, purposely leaving an item to buy very low or sell very high. Lowballs and highballs can range from slightly slow to extremely slow, it depends on the item and whether or not the buy and sell were both extremes or just one or the other. The type of items these work best on is low volume items. These can be high valued items that are low volume and can be left in at a high/low price, relying on the item's stability, but also fluctuations to make profit (example: Red h'ween mask). Other items that are simply low volume (and often low value), such as vesta, statius, Broken barrows pieces, etc. can also be lowballed and highballed with varying successes too.

Go ahead and try em out for yourself ... they can be quite on the receiving end

One of my snipes I did a year or so ago involved buying a Holy Elixir for 11gp and selling it for 799,999gp. Actually happened in about 2 hours. Usually I find it works best with items someone would freak out about getting (TT items, rare PvM drops that nobody uses) and would rush to the GE and sell them at the GE for really low just to get the money right there and now because they are impatient.

DoYouPlay_RS wrote:One of my snipes I did a year or so ago involved buying a Holy Elixir for 11gp and selling it for 799,999gp. Actually happened in about 2 hours. Usually I find it works best with items someone would freak out about getting (TT items, rare PvM drops that nobody uses) and would rush to the GE and sell them at the GE for really low just to get the money right there and now because they are impatient.

That right there is what I was looking for, thank you!

This is the best snipe I did like a year ago, took like 3 weeks to buy tho so not worth it for the $$ but pretty cool for the % and giggles