Price Suggestion
~190 keys
sunbeams
Unusual Federal Casemaker Sunbeams
41 votes up
40 votes down
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This suggestion was closed by Vijf Kilo Boter (met voetjes).

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Comments

    Any proof the Buyout was 500 for that long? The trade itself shows the Buyout being 560 Keys.

    kek

      #downwithcasemakers

        Well rip that.

          Requested by wojcheck

            Doesn't this just count as a quicksell?

                Thought it was over a month for hats over 200 keys value? Gathering 500 keys takes time. If I recall correctly, Pimp was gathering the funds to buy the keys for a week or so.

                22 days is a little bit too long to be counted as a quicksell, don't you think?

                also seller accepted paypal so gathering keys wouldn't be necessary

                gggg

                  This was a quick sell as per the ad. Took me a couple weeks to round up the keys. Repricing off this sale is absurd.

                    I agree, for an item of this pricing under a month is an obv qs.

                      Agree, but this seems to be the longstanding trend/business as-usual here.

                      Make a quicksale suggestion--quickly.

                      Bandwagon drops price on a hat.

                      Someone sharks some noobs hat because they think this is legit.

                      Re-suggest said hat for an obvious overpay.

                      Bandwagon chimes in with "Congrats!!"

                      Suggestion approved.

                      Rinse/repeat.

                        Agreed, almost didn't buy this quicksell. Knowing this would happen shortly after buying it. Really deters people from wanting to buy qs.

                          sorry m8, one guy wanted me to price most of the casemakers so i did off the recent sales

                            You can't price off a quick sell or just one sale anyways. Would ask you to please close this suggestion. Wait for more sales. The only reason I collected so many keys was cause

                            Huge discount. Cant price off that...

                      Why did everyone downvote me? lmao, I never said I supported this suggestion >.>

                      This is stupid, you as a black belt should know that this is a quicksell. Downvote.

                        This was a quicksell. Downvote!

                          Polar, Can we get your opinion on this suggestion? Have people adding me to offer on my casemaker based on the 500 suggestion. Knowing it's worth way more and trying to offer based on that price. This is getting out of hand.

                            Uh can you show us some of these offers?

                              Just replied would never sell that low and unadd. Not one to take SS. But will gladly the next time I get another add/lowball. Regardless of this suggestion passing or not. Hat is worth way more than 500 lol. PE has traded for that recently. I'll still sell for 900+ just take longer :(

                            You reference a sale from a banned user lol. Seems like only you and suggestor agree with this down price. It's apparent to everyone this was a qs. Feel you 2 are trying to manipulate the market. Forshame.

                            I've been asked to check this case and have replied my stance on the matter; Ill list it here for the sake of transparency:


                            Be wary that "quicksale" has different meanings. It has been listed since january 22nd (cant find the BO there anymore as it was removed), and since january 30th at 560, and between the moment it sold and the moment it was listed on jan30 it was lowered to 500. that means that if it sold on feb 21st, it has been there for at least 3 weeks before it sold. While that may be considered "fast" for high tier items, it most definitely doesnt meet our definite QS definition, in terms of sales that are not included in a range at all (e.g sales that sold to a quickbuyer, or hats that sell in a few hours with multiple people interested).


                            Always bear in mind that we aim to reflect pure values for hats, and while we are well aware that this is not always possible, we still aspire to approach it as much as possible. For high tiers this is even more difficult, as they rarely sell for full pure (thats why buyouts are usually the closest we can get to putting a pure price on something), but if they do, there usually arent any better possible sales to show how much something is worth in pure. In that essence, one needs to realize that the hats priced off of pure sales arent "too low", it is rather the hats that arent that are "too high" in comparison. People always say hats cant sell for full bp price in pure, and the main reason for that is that we cant reflect pure values in many cases. There are stable hats out there that consistently sell for their pure price, that occasionally get a boost in value (not because they are worth more, but because they then sell for hats rather than pure). Many hats thus dont sell for "full pure bp price" because our prices are actually too high for pure values.


                            Back on topic, I prefer to refer to outliers rather than to quicksales, and outliers are always depending on how sales relate to other sales rather than to the time it took to sell. If 500 is in actuality "far too low" here, then that means that more people besides Pimpy should have attempted to buy the hat in the time it has been listed. Additionally, it should not be a problem for it to sell higher than 500 if the actual value here is 950.

                            Therefore, suggestions of this nature are left open for a while to see if the sale can be put in perspective relative to other sales that happen, and if they dont, then its hard to call a sale an outlier, as there is nothing to compare it to. There are of course other indications that a flat value may be too low, as we do understand that we cannot force traders to sell within a month by means of such a suggestion. If a constant influx of offers higher than 500 is presented (and by that I mean offers that constitute for more than 500 PURE easily, so not offers of unpriced hats that everyone is selling for 1000000 keys, or highly inflated hats that total slightly over 500), then I am not opposed to postponing this until more sales happen. Do note that in cases like this, the offers should be significantly over 500. If theres a sale at 500 and some offers around 550, then to me that still indicates that 500 is closer to the actual value than 950 is. It can always be re-updated once it sells again.


                            Again, while I am definitely aware that the current bp price of someting can influence it's sellability, that is not how our prices should be used. Usually when people are afraid they cannot sell their items anymore once a suggestion passed, its because the items arent actually worth current. In that light, if items are actually priced way too low, they have no problem selling higher again after they've been updated. Im all for conservatively updating items, but in some cases, we provide sales that transpired and report them as is. After all, our suggestions are generally just a summary of past sales.


                            As a final remark I would like to state that at any time, people can check the price suggestion the price was based on, to see what it sold for and in what context, as to consider their actual value. Again, I understand how bptf is used by many people etc.; we cannot force everyone to understand how the market works. All we do is provide insight in recent exchanges of a hat. There is not one system that works flawlessly, let alone a set-in-stone rulebook, and we cannot satisfy the needs of everyone, which is why whe've created a system that works in the majority of the cases. In some cases we hit grey areas that will be assessed individually, but again, that is done in the spirit of the site's purpose, which is displaying a common current trading point in pure, and as difficult as it may seem to understand, a sale like this perfectly fits that description.

                              Understand what you are saying. Appreciate you taking the time write that detailed explanation. Imo the guidelines should be updated. Rules that prohibit or impede trading don't help the economy. High tier traders are Leary of buying high tier qs for this exact reason. Too often the hat hat gets repriced of qs price. The entire point of buying a qs is to flip it for some profit. When it gets repriced of qs makes it extremely difficult to achieve. Yes you can still sell for more than bp. But know the process will take much longer and be more difficult. Considering most people view your price listing as written on stone. Though the more experienced traders understand this is by true. As you stated when a suggestion is open will deter people from offering on the item till they know the status of the suggestion. So the whole leave open till more sales happen doesn't work. The suggestion itself impedes sales. A cache 22 if you will. Something need to change or no one will ever want to buy high tier qs. Which will eventually ruin the economy. Not to mention make high tier traders lose faith in the pricing system and walk away from the game. Close to that myself currently.

                                I kinda agree with pimpy, facing it on one of my hats also, a clearly invalid suggestion to lower the price has been left open for later evaluation, but it is effectively setting a negative feedback loop making the life of the person who is selling the hat quite hard cos most traders do take bp.tf prices to be written in stone regardless of the spirit or thought behind these price suggestions.

                              https://imgur.com/a/SBCGi

                              Just sold the casemaker for a strange honk Kong cone sunbeams. Showing the casemaker fits in the 800 to 1000 range previously suggested.

                              Well, there seems to be newer sales on higher value since this trade.

                                As I have mentioned before, the cone sale can be used to reprice this now. You can use the non-strange cone price for the cone. There are no usable sales on the strange one other than Toxic sharking it, making the only other sale on the strange cone lower. Since it makes no sense to value the strange cone lower than its non-strange equivalent (let alone that much lower), you can consider them of equal value here.