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Could probably use a price update. Why is this hat worth more than burning and scorching? Doesn't seem right because dead president effects on hats are dropping. Anyway...
This is the only one for sale right now. The person has had it up for 3 weeks with no great offers. He has been offered a gold Blutsauger 4 times (~15 keys). One offer had 10 keys pure added to the Blutsauger. http://www.tf2outpost.com/trade/17226148
The only one currently for sale was bought for a blood scatter with strange parts and 9 keys. (~47 keys) The seller was selling quickselling it for 2.4 buds. http://www.tf2outpost.com/trade/16915991
And this hat before was bought for a Gentlemans ushanka, power surge. (No definite price) Worth around 2.7ish? http://www.tf2outpost.com/trade/15398964
Seems like no one wants this hat anymore with this effect. The only one on the market is not getting any good offers when it has been up for more than 3 weeks.
So, where is the proof for high-end price?
I got the high end price based on the offer of the Gentlemans Ushanka
I also acquired the high end price bases on previous offers on the hat that the owner declined.
You can't base a price off an unpriced hat.
And as for the 2 bud + blood scatter sale he didn't add 9 keys, and I'm pretty sure it has to be taken at regular value, not with parts
http://www.tf2outpost.com/trade/17941072 - australium scatter ~2.5
http://www.tf2outpost.com/trade/17921308 - aces waxy ~2.3 - this has an old price; but with multiple b/o's at 3 (and considering it's a new effect), the value of that is most likely in this range too
http://www.tf2outpost.com/trade/16915991 - b/o 2.4
There's a new b/o on the market for 2.5 in addition to the other one you listed at 2.5. Range here seems close and better than the current range