Suggestion: Strange Ghastlierest Gibus at 7 keys

Price Suggestion

~105 keys

51 votes up

26 votes down

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This suggestion was accepted Sun, 22 Feb 15 08:49:55 +0000 by polar.

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Comments

I can foresee this going higher, but for now it needs a small bump.

Buyer for 7 keys:

http://www.tf2outpost.com/trade/25116666

Buyer for 6 keys:

http://www.tf2outpost.com/trade/25115013

http://steamcommunity.com/market/listings/440/Strange%20Ghastlierest%20Gibus - Steam Community Market sales seem to be sitting at around £13-14, with some variation; this comes out to around 8 keys, but is only supporting proof.

Feedback, as always, is welcome and appreciated. Limited market and sales are hard to find.

From SCM.

http://steamcommunity.com/market/listings/440/Strange%20Ghastlierest%20Gibus

Recent Sales:

21.95, 22.91, 22.97, 22.36, 22.99, 21.85, 23.00, 25.00, 25.00, 23.47, 22.50, 22.76, 20.78, 20.74, 18.00, 19.26, 18.00, 19.96, 19.98, 19.54, 20.21, 28.65, 25.06, 20.00, 20.70, 27.50, 24.75, 22.00, 16.77, 19.40, 9.08

Median: ~$21.95 USD.

~$19.09 without taxes = ~9 keys.

Just here to support that, 7 flat seems better.

Thanks for doing the leg work; I figured a general overview of the market would suffice, but I appreciate the extra effort.

Wouldn't a range if anything be better?..

Agreed.

I don't believe so - buyers at and above the current price usually indicate the need for a rise, and since there are none on the market for 6 keys, it seems to be a quicksell price.

by that logic, you might as well just bump the price up to 9 keys since no one wants to sell below that.

... No.

Buyers and sellers are very different. Showing that there are willing buyers above bp.tf price indicates that the value should be at least what they are willing to pay - hence the conservative bump. When any of the Gibuses on the market do actually sell, we'll be able to push the price up closer to 9 or 10 keys, which is what they're asking for - or who knows, maybe it'll fall again. But for now, a buyer at 7 keys is sufficient for a raise.

There is two buyers at 6 keys and 1 buyer at 7. I still think the 6-7 would be a lot better then just 7.

I can't see the second buyer at 6 keys, but I can address the point regardless.

Buyers have a lot of power in determining something's value; generally speaking, if someone is already willing to pay backpack price for an item, it indicates that the true value of the item is higher, since buyers always try to get the best deal for themselves (occasional exceptions may include an Unusual that someone really, really wants, but that's irrelevant here). There's no need to include 6 since we can clearly see that no one is selling for 6 and even the buyers are willing to go higher.

A conservative rise/kill is when you make it so you include the previous price, I.E: from 3 ref to 2.66-3 or from 6 keys to 6-7 keys.

With the shown market (and what Trashcan Man said) it would seem like 6-7 keys would be more reflective on the market. The 7 key buyer might not be enough to directly rise it.

I changed my wording in the suggestion; I was meaning conservative in the sense that it's 1 key when the value is 6, but I see your point.

Including 6 would imply that 6 is a regular selling point, which it isn't - these things are rare and disappear quickly. I've also added in some information from SCM which shows sales of about 8 keys. Again, this is only supporting proof, but still very relevant.

"The 7 key buyer might not be enough to directly rise it."

pls check the market.

if there's a buyer at 7 keys why would we need a to include a 6 key buyer? there's no sellers at 6 keys

Me too!

http://www.tf2outpost.com/trade/25153031