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Its pretty hard to sell this hat for more than 1.66 ref i have this hat for like 2-3 weeks and didnt get any offers higher than 1.44 ref so i think that the price should drop a bit.
Could you find some proof to back that up?
Proof:
http://www.tf2outpost.com/trade/4723554 This guy is trying to sell it for 2 ref for 4 Months!
http://www.tf2outpost.com/trade/8274130 This guy has 4 of them and cant sell them for 2 ref (1 week old)
And there are no buyers which are paying more than 1.33 ref for it
http://www.tf2outpost.com/search/77497832
I agree bought 2 for 1.22 tried to sell for 1.66 after about a week closed the trade and opened one asking for 1.44 and they eventually got sold