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The price for this NEVER should've been lowered. It was based on a 2 day quicksell price, claiming it hadn't been sold for 50 keys for 2 months.
I just sold mine for 50 keys pure:
http://gyazo.com/4793abfa9b0c98c4298973308da423a6
Seems you are right : 'STUPID backpack.tf Im not selling for 30 keys!!! it was a quicksell for 2 days on Summer Sale because I needed keys and you changed the price based on that??' - http://www.tf2outpost.com/trade/25716520 :)
Why is this so expensive?
It's a glitched item. They weren't supposed to be uncraftable. There are very few of them in the world.
There's over 50 in existence so it's not that rare, there are rarer non-craftables
Still, pretty rare
there may be rarer uncrafts, but they dont stop this from being rare :)
for an item this rare, probably enough yes