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At first: Klaus the Keybanker - http://www.tf2outpost.com/user/242058
It's a Bot which buys and sells Keys at the same time.
He's buying Keys for 3.22 Ref and selling them for 3.44 Ref each. It's working pretty good with these prices.
And now the real stuff:
Buyers at 3.22 Ref:
Klaus ;o
http://www.tf2outpost.com/trade/7573729
http://www.tf2outpost.com/trade/7627126
http://www.tf2outpost.com/trade/7294465
http://www.tf2outpost.com/trade/7658006
http://www.tf2outpost.com/trade/7655257
http://www.tf2outpost.com/trade/7560135
http://www.tf2outpost.com/trade/7513885
http://www.tf2outpost.com/trade/7485376
http://www.tf2outpost.com/trade/7614541
http://www.tf2outpost.com/trade/7517649
http://www.tf2outpost.com/trade/7634532
http://www.tf2outpost.com/trade/7607330 (3.27 Ref each)
http://www.tf2outpost.com/trade/7539161
http://www.tf2outpost.com/trade/7566555
http://www.tf2outpost.com/trade/7657564
http://www.tf2outpost.com/trade/7631546
http://www.tf2outpost.com/trade/7622475
http://www.tf2outpost.com/trade/7639671
http://www.tf2outpost.com/trade/7560324
http://www.tf2outpost.com/trade/7646822
Buyers at 3.33 Ref:
http://www.tf2outpost.com/trade/7657863
http://www.tf2outpost.com/trade/7642650
http://www.tf2outpost.com/trade/7657277
http://www.tf2outpost.com/trade/7658426
http://www.tf2outpost.com/trade/7645811
Sellers at 3.33 Ref:
http://www.tf2outpost.com/trade/7659680
http://www.tf2outpost.com/trade/7517877
http://www.tf2outpost.com/trade/7369726
http://www.tf2outpost.com/trade/7147282
http://www.tf2outpost.com/trade/7658953
http://www.tf2outpost.com/trade/7580661
http://www.tf2outpost.com/trade/7401847
http://www.tf2outpost.com/trade/7486538
http://www.tf2outpost.com/trade/7574603
Sellers at 3.44 Ref:
Klaus ;o
http://www.tf2outpost.com/trade/7552747
http://www.tf2outpost.com/trade/7652381
http://www.tf2outpost.com/trade/7308385
http://www.tf2outpost.com/trade/7580610
http://www.tf2outpost.com/trade/7481737
http://www.tf2outpost.com/trade/7627357
http://www.tf2outpost.com/trade/7576838
http://www.tf2outpost.com/trade/7625580
http://www.tf2outpost.com/trade/7653191
I could also list sellers at 3.55 and 3.66 Ref each Key but this too high (for now).
I know that you don't want it but the prices are rising.
Keymarket in a Shellnut :) - http://www.tf2outpost.com/trade/7627445
Extra Note: I know that I have 201 Keys in my BP, but I haven't sold any Keys for metal for about 5 weeks.
http://www.tf2outpost.com/user/96975 - Da, check yourself.
-----------------------
Let the flaming begin!!!
http://www.youtube.com/watch?v=-rnTBJCcq80 < btw, feel free to debate
http://i.imgur.com/xr9Me.png
Thanks for fully copying my post!
http://www.reddit.com/r/tf2trade/comments/16378p/h_333_each_w_keys/
and hes buying at 3.33
damn, every thing we "insane profits" said during halloween has come true :'( now the clear proof of market influence based one, one suggestion :( damn if only we could have stopped it! see when the suggestion went off the main page price started to lower then it went to the top veiwed section and it shot up *_*
question: if sellers raise their prices, and people continue to consistently buy them, why isn't that the true value of keys? With the new community market, fewer are being brought into the economy through the mann co store. Shouldn't we expect the key:metal ratio to move in this direction considering massive amounts of metal enter the economy every week?
also, this site documents prices, not dictate. I have had a lot of trouble buying for 3.11 lately, and so I am upvoting.
that did a good job of not actually addressing any of my points. and it seems pretty obvious you do care about the price of keys.
and I'm not surprised keys continued to rise. After the halloween, people were still willing to pay 3+ ref, so that's what they sold for.
mehh no use tryin to help when the majority wont listen you have my complete support on this :\
I listened, I pointed out the faults in your argument and you deleted your comments.
no, no not you I meen the ... never mind I was looking a key prices wrongly is what happened I see now there is no point to sell keys for ref as ref=/=keys so I simple deleted mah comments and began to support the given oppistition :)
that is valid again the crash of the key is unstopanle i f the keys pass the value of ecraft hats in ref then its demand wil evaporate!
oh (sperate non- key retated debate comment) just currios what do you propose as apposed to using refined as "small change"?
I only need change every week, and that's only about a rec..Lots of traders are willing to use metal in their trades so I got issues with needing to sell a key for change
ooooh I see yea see your points (and again concerced with the latter effect of key priced items) but yea idk, kinda like what gives bitcoins value after all just virtual "dollar signs" hmmm geuss there is no point (in theory) hmmm lemme think of a sultion to this....VALVE MUST REALEASE A NEW "EARBUD!" (worth less than keys but non-craftable! meh i give up lol, you guys win ! keys cost ALL THE REF! ( not sarcasm :P)
Dec 17th - 402,000 keys existed
Jan 5th - 380,000 keys exist
Anyone going to restock us?
By Feb we will only have 350,000 about.
March will give us about 320,000 about.
Restock out key supply or metal will rise even further!
until the keys on the community market approach $2.49, there is literally no reason to buy from the store
I guess by march we'll have to raise the price to 5 ref ;)
Maybe things will settle if steam market allows cash selling for metal.
mother of god... http://www.youtube.com/watch?v=31g0YE61PLQ
Frequently used comments
Section 1
[LIST=1]
[*]You have X Keys in your backpack
[*]Nobody buys Keys at X refined
[*]Outpost is full of highballers
[*]The trades have no takers
[*]Halloween is already over
[*]Stop the damn inflation
[*]I put up a WTB trade at X refined and people added me within minutes
[*]By the month of X, we would have Y keys in existence.
[*]The number of Keys in existence is actually growing
[*]Trades from bots should not be counted as proof
[*]Trades from quickbuyers should not be counted as proof
[*]Price in Mann Co Store has always been $2.49
[*]This has gone too far
[*]The market will crash
[*]Backpack.tf influences the market
[*]When backpack.tf raises the price, sellers charge at backpack.tf price + 1 scrap, and their trades are used as proof again.
[*]The vicious cycle repeats!
[*]We need to stop this madness
[*]1 Key will be 10 refined next month
[*]1 Key for your 2 Keys
[*]They need to go down
[*]I remember that Keys at X refined 200 days ago
[*]You can still get them at lower price from trade servers
[*]You can buy Keys from Warehouse
[*]Look beyond Outpost
[*]Prices are rising without a reason
[*]You are ruining trading
[/LIST]
Section 2
[LIST=1]
[*]You don’t have Keys in your backpack
[*]People are buying at X refined
[*]Outpost is full of lowballers
[*]Keys have always been in demand
[*]Steam Market makes Keys desirable
[*]I put up a WTS trade at X refined and people added me within minutes
[*]People get Refined Metal for free every week from idling accounts
[*]The sellers at X refined are out of stock
[*]You can’t get them at current price from outpost anymore
[*]Keys from Warehouse are always reserved
[*]If people stop buying Keys at higher price, they will go back down.
[*]The majority of the trading community uses Outpost
[*]X Refined reflects the majority of actual trades today
[*]If it’s going to crash, let it crash.
[*]Find me a seller at X refined
[*]Add me if you are selling Keys at X refined
[*]X Keys is a quicksell
[*]I’m not buying for resell
[*]I sold X hundreds of Keys this week at Y refined
[*]More crates means more unboxing
[/LIST]
Section 3
[LIST=1]
[*]Stop being greedy
[*]I don’t care about downvotes
[*]I think this is optimal
[*]1 Key = X USD, 1 Ref = Y USD, therefore 1 Key = Z refined.
[*]No proof downvoted
[*]Where’s the proof?
[*]You need more proof than that
[*]This is not how it works
[*]Stop whining
[*]Not going to happen
[*]Your links are from last week
[*]Show me your inventory history
[*]One trade does not represent the entire economy
[*]Tons of links still doesn’t represent the entire economy
[*]We shouldn’t touch the price of Keys
[*]Range is too huge
[*]Choo choo free rep train
[*]The problem lies with Valve Corporation
[*]Price is not based on opinions
[*]We document prices here, we do not dictate them.
[*]Last suggestion was passed X hours ago
[*]I won’t vote
[*]Prepare to be banned
[*]Supply and Demand
[*](Discussions about the Great Depression, 1970s energy crisis, 2008 financial crisis, price of gasoline, milk, and other agricultural produce, gold, silver, and other precious commodities).
[/LIST]
Section 4
(Insert valid proof here that helps this site to report true price so that users can make informed decisions.)
This summary covers the comments from the past 75 suggestions.
ummm cool, ummm story?
OMG yes, yes..very enteraining!. Upvoting your post
Haha awesome
Could not be more true. I salute you, sir.
LOL!
How long did that take
I particularly liked the jab at clever pun in Section 3, number 20.
Lol, I hope this comment gets more likes than the price suggestion. Totally agree with you mate :)
u have said this again backpack.tf should bind all the currencies with ref.
when the keys are rising in ref the buds should drop in keys and so on for all the currencies we use.
bills max houwars mast be tied in refs!
\
and of price manipulators
Hoping you reply. How does your site record sells of outpost and trading post?
I "understand" on your trade servers.
But how does it know what and how many sold from traders adding and trading from op and tp trades.
Choo choo free rep train! Omg cracked for that so hard xDD
LOL I thought that was official at first
mind if i steal this?
wow.......
All those likes...holy sh*t.
He's gonna break 100!
100? pfft. IT'S OVER NINE THOUSAAAAAND!!!
Yes, I had to do that.
base64, you shouldn't have made this comment. Now I feel compelled to leave this price suggestion up just so I can see how many likes your comment will get.
i know right. the people voting here on backpack.tf seem to be a rather ridiculous, self-serving bunch. which is why i no longer have any faith in their pricing of items. and i believe no one should either.
Wow...too far man. If you don't want to use backpack.tf, then don't use it, but please refrain from trying to encourage others to follow suit.
Every time someone brings up new key price suggestion the comments quickly change from the pricing for which this was post started to a debate about the future and past prices of keys. The comments rarely mention the voting of this price suggestion. Shouldn't the debates be saved for the forums. It sure makes for some mind numbing reading with not much input towards what started this thread to begin with. I figured i would ask because we seem to be forgetting that.
well said good sir!
http://i.imgur.com/bivoU.gif
I put up a trade buying keys for 3.22 just now, I bought 5 in the space of 5 minutes and 3 views.
I'm really unsure that getting them for 3.11 is as difficult as everyone is implying.
Then why not lower your buying price to 3.11?
Cuz I am impatient. :P
more obviously you are lying.
Sold a couple of Bills, #40 and rare hats lately but ended up with metal instead of keys.
I started buy oders for 3.22 since last weekend on Outpost, TF2TP, Bazaar, Scrap, TF2WH and three trade forums. I did get exactly ONE key sold towards my buy orders, that was monday from a korean guy. If you claim you got keys at 3.22 sold to your buy orders you are actively lying.
Also I managed to get five keys by answering other peoples quick sales for less than 3.33. Five in a week on 10 different plattforms, with 24h coverage because I run Steam4Linux on my Netbook which is always around.
Fetching quicksales of 1-3 keys at 3.33 allowed me to convert metal into 20 keys within one evening. If I would have wanted all keys at once I would have had to pay 3.44. I won't sell these for the time being except massive overpay - its just too much hazzle replacing them again.
You're really going to accuse me of lying?
If you're skeptical, ask for proof; resorting to ad hominem only makes you look bad.
Yep, just bought 15 myself.
3.11 or 3.22?
3.22. Got them about 20 minutes after posting.
Out of curiosity I did start a buy order 3.22 on a blank account just to make sure to be neutral. Nothing for three hours. I also haven't seen any buy orders at 3.22 being served at all.
From a scientific point of view it is impossible to prove the non-existance of something so you are right, I can not prove that buy-orders at 3.22 don't work. But you can prove buy-orders at 3.22 being fulfilled by linking them.
Try it then, see how long it takes..btw some people get lucky,
Also a lot of traders want to buy more then 5 at a time
I've purchased 22 in a week at 3.11 http://www.tf2outpost.com/trade/7424980 . I'd say it has been relatively slow but I still get keys every day. Just got one in fact a few minutes ago. Take that as you will. :)
I was selling items for keys and a buyer asked to replace them at 3.11 ref. When I said no, he went on outpost and within 5 min converted his refined to keys for my trade. Says he does it all the time. 3.11 may be hard, but it's still do-able and deserves to be the bottom of the range.
god so lucky, i cant buy a single key for 3.22 for days now
tf2finance now at 2.3 at this hour.
the darkest hour my friends R.I.P mannyconomy (JK) RIP refined metal :D!
Since tf2finance is an AVERAGE that actually means that trades are still happening in all parts of the range
Some guy did a reddit sale where he sold 21 keys for 2.33 ref to 21 different people.
ok now to write a SUPPORTING aurgument :0, since steam market opened the shorthand supply of keys has been drained, now since the valve realeased the "grade preamum" accc upgrade, which has made it easier and faster to gain a large supply of refined metal, which makes the value of ref drop dramitaly, of course many, now these reasons are given theres still fault at enabling web sites (see swag like calliu) and the key sellers themselves, but most importantly, WHY? do traders value refined metal? we gave it a value and its lost it over a long time UNLESS valve changes crafting to allow more insentives (aka UNUASAL WEPONS!!! :0) anyways glad I opened my eyes as should the opposing votes, today REFINED DIES! Plus it is our duty to report accurite prices and share them!
http://imgur.com/Jzg7a < sold 4 keys for 3.66
The guy really needed keys
whoever bought those is kinda...a dumb a- never...mind not worth a warnin
Damnit..the first comment took all of my comments I was about to use :'(
No just stop. Just STOP. there is an OBVIOUS reason keys keep going up. STOP MAKING THEM GO UP
I don't think you understand how inflation works...
Okay guys, stop whining about "raising" key prices. It's not like we're raising it because we want to. We're only suggesting an updated price based on the demand/supply/price people are paying. With the new steam market introduced, key prices, both in USD and metal, are imminently going to increase, at least until the steam market prices reach the Mann co store prices. Keys are in high demand, but less keys are being introduced into the market because of steam market. Why would most people buy keys from the mann co store, pay more, and have keys that are 3 days untradeable, when they could get fully tradable keys from the market for less? When the market started out, it used to be 1.70 USD a key, but rose until 2.16 USD today. It's going to keep rising by itself. Less keys are going to be introduced. Metal is always introduced into the market (drops, idling) and just sits there. It doesn't get used up like keys (which are used to unbox and disappear forever). So quit whining and accept the fact that backpack.tf's prices reflect the actual economy, not try to alter it.
I don't know if Valve knows that this would have happened, but day by day the number of keys decreases.
I'm telling you, the steam market prices will reach the store prices by themselves, NO BACKPACK.TF involved... which leads to key-metal prices going up. BECAUSE METAL DOESN'T GET USED UP.
I demand Valve releases a blueprint to refine 3 refined into one key... even if this would devaluate my keys by 15%.
Key value would go down, item value will rise. Next people will complain about buds going past the 30 mark
People should just stop wanting keys. That'll really make sellers mad and they'll be forced to lower their prices. Theoretically.
It will lower it a bit, but big key owners don't always want to buy cheap items, they buy expensive items. So they'll only sell when they need change
What about the other voting?
Ehm arent that supposed to mayybe close first or something?
The other keysuggestion has over 880 votes now and the result would be interesting. Cause if that voting says yes, then you dont neew this one. Since the other voting at 800 votes have a suggestions of 1 key=3.22-3.44 ref.
If it's voted yes, a mod will close this.
If it's voted no, this one still has a chance unless if the mod disagrees with this as well
When will we get the results?
Ah, the days of a straight up 2.66...
Dont you mean 3.66.....?
That will be the saying in the future, but he meant the olden days
I was being sarcastic.
Implying that soon players will write "Oooh I remember when it only cost 3.66 ref, those were the days"
A joke. ;)
I remember when it was 1 ref.
someone should make "the viscious cycle of tf2 keys."
chalenge accepted!
R.I.P. key buyers
I just found keys for 3 and 3.11 ref pretty easily on the trade servers.
Most likely newbies who don't pay attention to prices.
If they have keys for 3 ref, where did they get keys from I wonder?
The price is what people are fine selling them for.
you'd have to ask them but it was two people and 5 keys
Another suggestion... I'm really tired of this.
I have 5 buds right now. If I sell them at 27 keys each, I will have 135 keys.
Do I sell them for metal?
At present -- 3.33 ref. -- I would make 450 refined.
Soon -- 3.66 ref. -- I would make 494 refined. -- profit of 44 ref. if I wait a little bit.
Foreseeable future - 4 ref. -- I would make 540 ref. -- profit of 46 ref.
If everyone is seeing this way, the market will be flooded with keys once keys reach an all-time high, causing prices to crash. My suggestion is, keep raising the price. In time, keys will fuck everyone in the ass.
how will it fuck us?
A key crash will only screw the person that bought 100 keys with metal for 4 ref(made up price) and the next day it's 3 ref,
Even if a key is valued less in metal, it does not change any prices except the low valued items.
That's what I just said...
You said it would screw everyone with keys..I only see it screwing people that very recently bought keys or they like to buy cheap items and now have to spend a bit more for the item.
I said it'll screw everyone who was RESELLING keys.
Your logic is flawed.
You'll have more refined, but they won't hold more value. You'll find out when you try to trade it for cash/promos/games. So there's no profit whatsoever.
There's more and more refined metal in market and number of keys is decreasing. I can't see possible crash here. It's more like metal is going to drop steadily in value which means higher price of keys in metal.
I was taking an example. *sighs*
No, you were talking nonsense about profiting by converting promos to metal and key prices crash.
Whatever helps you sleep at night.
The tf2 trading does not completely work like the actual stock market.
I suggest you don't throw around words if you have no idea how shit runs.
so are keys rising in value or is refined metal dropping in it?
the value of meal is dropping, we got too much of it
I've purchased 26 keys in the last week at 3.11 Ref. 5 of which so far today. http://www.tf2outpost.com/trade/7424980 I think the real truth on Key prices is that they sell anywhere from 3.11-3.44. Just depends on whether you want to get an immediate trade or if you can wait a bit. Changing the lower end of this to 3.22 isn't an effective valuation of the actual lower end of sales. Since 3.22 is an average, and we can all agree that you can get 3.11 sales if you wait and you can sell at 3.44 if you wait. So basically, the only alternate price suggestion that makes sense other than just leaving the current price up is changing it to a wider spread of 3.11-3.44. That way the median price of 3.22 that is reflected on http://tf2finance.com/keys/ is represented correctly.
I sold some keys for 3.66 a few times now
That means we might as well make it 3.11-3.66
Some traders don't want to put, nor do they care and will add the first person to buy keys..probably because they need some change.
I'd be more for adding a bigger range then keeping raising by these tiny increments.
If key buyers stepped up and said 'This is ridiculous' and stopped buying keys at these insane prices, sellers would be forced to start selling for less because demand for keys has decreased. Else, keys will just continue to shoot up until it is just cheaper to buy them off the marketplace and possibly (but less likely) even the Mann Co. Store.
If they start running out of metal then yes, but most have a lot of metal and just want to get rid of it. So only the poor ones with nothing left will start stepping up.
I don't think it will be enough...
Why not set it to 5 ref right now? We seem to be taking to slow path...
Cause it hasnt happened. Go try and sell at 5 ref
Well, looks like scrap.tf increased their key-buying price to 3.22.This is gonna be good.
ah i remember 3 month ago keys were still around 2.5-2.66 and man i used to buy 40 keys every month from the shop and then using it to buy stuff then i found out that dota 2 keys were a much better profits so i started buying 40 dota2 keys every month and then buying 2.33 pure with 40 keys :') good times. Maybe from next month on i'll start buying keys and then selling them for a lower price.
Man, would you like at the shit storm that is this comments section.
Anyway, tf2finance and scrap.tf are now using this range and I'm finding it difficult to find anyone successfully buying for 3.11 ref anymore.
All the proof that anyone cares about
You, perhaps, not anyone else.
http://www.tf2outpost.com/trade/7708511 looky looky
http://www.tf2outpost.com/trade/7708768 Fantastic. Despite my screening for reselling, it was resold. However, since it was for 3.11, it's still below this range.
The person who bought it for 3.11 is trying to sell for 3.33 ._.
Hahaha we are so greedy
Cheaper to trade than craft anyway. Metal doesn't do too much anymore. Also, while this economy is relatively small, I can imagine the folks at Valve laughing at how much profit they are making. It costs them no money to sell you a key for $2.49. Then, when someone sells that key on the Steam Market, they make 10 cents or so through fees.
http://www.tf2outpost.com/trade/7707224
MUAHAHA THE END IS NEAR C:
http://www.tf2outpost.com/trade/7619650 but... but... WHAT?
3 refs for a key? they must be sold instantly ... o.o
I just realised was the same person , what the..
I lol'd
UPVOTE!!!!
I think everyone is missing the point that http://tf2finance.com/keys/ reflects the "middling" or "average" price. Not the lowest price. So it DOES NOT support the price of 3.22 as the lowest price, since once again, that is the "average" price, not the lowest price. So to use http://tf2finance.com/keys/ as a claim of 3.22 is an obvious case of bias that I'm sure most people on this site can see clearly. I've seen suggestions using http://tf2finance.com/keys/ with bias both ways. Either to claim higher, or lower prices. Once again, (and I'm repeating myself on purpose so it sinks in), 3.22 is the "average" price so it MUST remain in the CENTER of whatever SPREAD people want to suggest if they are to remain true to using http://tf2finance.com/keys/ as a resource to suggest or deny Key pricing.
Incorrect. You are misusing the term "average".
If I have 100 gibuses that are selling for either 1 or 2 buds and 70 of them go for 1 bud and 30 of them go for 2 buds, then the average price of all 100 gibuses is 1.3 buds, not 1.5 buds. 1.5 buds is the median. Now it is completely possible for average price (that is the most common price) to also be a median price (the middle number of the range of prices), but it does not have to be and rarely is.
Also of note: Currently, tf2finance lists key at 3.29 ref.
I would think that the median is the middle number when you list all the prices in ascending order. In this case that would mean 1 bud. I'm not sure you know how median works.
E.g. 1,2,2,2,2,4,4,5,6,7,8. What is the median number? 4
E.g. 1,1,1,1,1,1,1,1,2,2,2. What is the median number? 1
Example 2 is just like your scenario, just smaller. Maybe you forgot how median works.
My point is that tf2finance uses average, not median. If your scenario were true for keys, it would list the price as 1.3 buds - the average.
I was referring to the median value of the range (a.k.a. the midrange value, which is what Riva) was talking about, not the data set.I really shouldn't have done that though as it is easily confusing, so I can understand if you wanted to clarify.
But, your point is not that tf2finance uses averages (that was my point :P). Your point was i did not clearly define median (which I probably should have but I'm lazy).
It's at 3.30 which if you think about it means most are selling at 3.22 and others are selling for 3.33 and a bit higher.
It supports it!
Except that he completely misused the term "average". But that is kinda funny.
They need to get rid of the current drop system. People exploit it too much to get rewarded for doing absolutely nothing. Would be nice if Valve made it so that you have to actually win a match in a validated server to get a chance of a drop, much like Dota 2's system. This will limit how much metal is being put in the market. As of now, some servers already kick or put in spectator some players who are idle for a set amount of time. Some of these servers already have the wait command disabled so that people won't use console to kill or explode themselves at a timed interval. If something like this gets implemented, it would definitely bring down prices to a stable rythm.
i miss the time when keys were 2.55
If metal is deemed worthless, as those who support a key price hike implore you to think, then why is it not being deleted? And so you know right now, depreciation of refined is not even an excuse. Refined sells for around $0.43 a pop average on paypal. Be honest, key traders, if your are trading for profit, there is now way that you'd even remotely consider you'd want to delete the refined in your backpack that can also be sold on paypal.
Perhaps we are looking at the reason why keys are going up in price in the wrong direction. Key sellers don't want to buy more metal because of this supply and demand bullshit. They want your metal so they can resell it on paypal, and the more metal they get, the better.
Think I am talking out of my ass? Get a load of this:
http://www.tf2outpost.com/trade/1170269 ($1.45 per key vs $0.50 per refined)
http://www.tf2outpost.com/trade/5327014 ($0.46 per refined)
http://www.tf2outpost.com/trade/4398038 ($0.50 per refined)
http://www.tf2outpost.com/trade/7639874 ($0.45 per refined)
Money is money, any way you look at it. Using the first example, which shows around 30 ref being sold a couple days ago, you would be getting more money from metal than from keys.
So, bottom line, key sellers are selling the metal on keys, then flipping a profit on outpost. And the casual TF2 trading community is being taken to the cleaners with the constant approvals of key price hikes.
http://backpack.tf/market
You can sell keys on the steam market for $2.25 each. Even with the overhead, you're making way more than $1.45 in a safer environment.
Taking your key equally translates in refined idea (which I do not think is a good one) At the suggested price in this post, ref would be equal to $0.68-0.70 if you bought keys with ref and then sold the keys on the market.
Even so, the links i have shown clearly show that you can make more off of refined than off of keys. Using that logic, when the refined market is activated on steam, there will be a major push to equalize key to metal prices. I would not be surprised if i see $0.75-$0.80 cents for refined on the market. If the value of the keys increase on the market, expect the same thing in kind happening to the refined.
Weapons may also be introduced to the market, and many would be sold for $0.01 All you would have to do is buy 18 weapons, and you'd get a refined for $0.36
Good point. Or just buy craft hats depending on what they're sold it.
When the market first allows these items, they're will be stupid sellers who sell for pennies just to test it out when they could sell it for much much more
Does not work that way. More than likely, the stranges, the vintages, and the genuines would be in the store, and not the item drops.
Crates and paint are item drops that are in the market. Who's to say metal(can only be created from item drops) will come to the market?
Unfortunately with Valve's overhead, selling anything for $0.01 nets you a sweet -$0.01.
I mean the seller sells for $0.01 the buyer has to pay $0.02 So, 18 weapons=$0.36
Ah, gotcha. That's going to be a great day.
aint real money bro, just a coupon!
Interesting find. So that means when the steam market allows metal to be sold, it will balance things out again.
Okay im gonna put this out here. Keys are a virtual currency that can be purchased with money. The only reason why there going up so drastically is because for some reason people think its okay to sell them ridiculously high. The only reason they should increase in price is when more players join and more ref is on the market. Even then it shouldnt increase be scrap or more.
The only people I have ever seen buy them for are 3.22 and 3.33. I've seen people usually sell from 3.33- 3.44 if they have big stock, and some people have one or two keys and just want some quick metal.
why vote for inflation? There needs to be a cap on the key price. this is rediculous.
All i wanted is to draw a line on 3.11-3.33 ref anyone with me?
Draw all the lines you want, the market will ignore them.
The point of a free market is that there are no price controls. Even if we wanted to set hard limits on item prices it's still just a suggestion: it wouldn't do anything because traders are always free to ignore it.
Agree and like this it will keep increasing and increasing as it is easy to get proof for keys as trader try make profit over 1 scrap each key and like this it keep increasing if u accept.Later people will sell and buy for 3.55 to make a profit over it and like this will be going on increase of prices
uh, I already sold keys for 3.66 :P
i Sold my strange sapper for metals like 11-12 keys later got trouble buy keys at 3.33 so i dont accept metals anymore in my trades !!
yea, imagen the life of buying at 3.22
I buy plenty at 3.22 :O
sold many for 3.44 and also like 4-9 in one trade. Nevertheless @3.55 people did only buy up to 2 keys at once.
Honestly, I think the raising prices of keys is getting way out of hand. Even 3.11 is too high for me.
It's kind of pointless really, considering there is an infinite amount of them.
not anymore.
Key supply is going down, metal supply is going up.
Simple logic.
But people can always buy more from the Mann Co Store, that's what I don't understand about this. The Mann Co Store has an Infinite amount of them, so why should the price go up in metal?
noone is buying from the store, they're buying from the market first of all.
On Dec 17th we had 405,000+ keys, were now down to 379,000 keys
Everyone is hoarding metal, they don't craft it anymore, so it's value(amount goes up..the become rich in metal) goes down,
Fair point, but I still think the key prices are getting out of hand
With prices like these I'd rather buy off the Shop itself....
That's Bullshit, no one is selling you keys at 3.11, unless they need real quickmetal. Ones, as i needed Metal quick, i made a trade like this: 3.33 for my key.
5 ppl. added me in a few seconds. The current market price on Outpost is 3.44. I guess Keys are around 3.33. #nooneisgivingafuckaboutspreadsheet
Really....Just really. Keys were 2,33 refined and they were always like that. If someone is going to say "supply and demand" i am going to say this. There is a infinite number of keys ya can buy from store. The whole price going up is becase people read about the russian mafia using keys to get a lot of money and went nuts to do the same thing with small difference....BY RISING THE PRICE OF REFINED. Scums like these should go to hell.
Noone is buying from the store, only he market.
Everyone is richer in metal then they were back then..we didn't have 1,000,000 ref when they were 2.33
omg guise keys need to rise in price by another .33 just sold one for 3.66 xd!
Proof: [url]http://puu.sh/1KOxe[/url]
This is a joke. I think he added the extra .44 as a "bro deal".
tbh, http://tf2finance.com/keys/ may have this Stats and etc. But it's Fan-made, and most of the Keys i've seen recently have been goin' for less than 3 ref, Mostly around 2.55, + the fact that the Festive keys (Nice & Naughty - whatever it's called.) are Near to coming into a Normal key upon of logging in, so i'm Save to Say Raising The price from 3.11 to 3.22 Min isn't gonna Really Happen.
Show me people who are selling Keys for 2.55 Ref right now, I would love to trade with them!
most people that sell that low will not trade with people that are "rich" they are out there though^
I think this is the first time I see keys getting a higher than 50% vote. The average does seem to go on 3.22-3.33 right now, and we'll keep it at that. Thanks.