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Proof
http://www.tf2outpost.com/trade/19838171 23
http://backpack.tf/classifieds/search/id/52d92e744cd7b8bb238b456a 24
http://www.tf2outpost.com/trade/19582726 28
http://www.tf2outpost.com/trade/19260113 1.5 buds / 27 keys
I believe you are no longer allowed to lower prices based on Buyouts anymore.
I think you need at least one sale, but with a price drop this bad, it might not be too needed.
http://forums.backpack.tf/index.php?/topic/6033-new-unusual-price-suggestion-guide-the-cheat-sheet/
"Buyouts (B/Os)
B/Os alone cannot be used to make an unusual suggestion. Just like we don't like to use offers as the only proof to raise the value on an item, we don't like using B/Os alone to drop the value as this has frequently caused bp.tf to lead the market with consecutive suggestions every 1-2 weeks dropping the hat (see Miami Wraith). This also creates an issue when future suggestions use those values as proof when they are still inaccurate.
Exceptions: There are rarely situations where we feel B/Os can be used as the only proof in a suggestion. We will accept such suggestions ONLY if there are literally no usable sales in the last 2 months. In these situations, the suggester must show proof of recent sales and why they are not usable (quicksell, sold for more unpriced hats, etc.). In these cases, there is frequently a large buyer-seller gap and dropping the value based on B/Os might actually result in a few sales that could then be used to refine the value.
How you should use B/Os: All of this does not mean that B/Os are not useful. Use B/Os to give a general sense of your range. If a hat remains unsold for 2 weeks with a B/O of 2 buds, a sale at 3 is probably an outlier. Use them to check whether your suggested range makes sense. Just don't use them as the only proof to set both your range."
http://backpack.tf/vote/id/5304a40b4dd7b8a47e8b4568
http://backpack.tf/vote/id/531145704dd7b8752e8b4568
Those were 3 months ago. The rule was put in place 2 weeks ago.
And not enough for the low end anyways, as it got closed in under a day