On the date and time of suggestion, STN.Trading were:
buying for 47.44
selling for 48.44
Currently lowest sellers are sitting at 48-48.22 and highest buyers are sitting at around 45.
Considering the above data I conservatively suggest a current price of 49 ref. Critique is of course welcome.
Already too low.
Trend in key prices seems to go down, so as per speculation and current classifieds I would rather price it around 47-48 ref. You did take average of all data but you also need to pay attention to current buyers and sellers to see if the average is making sense or not.
Considering how many are pointing out that I did not take into proper account what sellers and buyers are currently sitting at, suggesting to put the price at 47-48, I am closing this and going to resuggest.
Looks high with so many sellers under 49
Putting more wait on current listings, I guess 48 would perhaps be a better suggested price. The data does however not seem to show that keys are selling at these prices yet. Hence my somewhat conservative proposal of 49, which sits closer to the data from Gladiator.tf.
However a suggested price range of 48-49 would perhaps be more accurate. What would you put the current price at?
keys have been regularly selling for 1.7-1.75 each.
with the current price of refined metal sitting at about 0.0275, that would put the proposed price of a key at 49 ref*0.0275 = 1.46 USD each
imo, keys are way undervalued ref wise
I mean, I don't really get the price of refined metal though since it's being sold at mannco and marketplace for 0.04-0.05. And if you divide key prices right now with how much ref they cost. Ref should be around 0.033-0.034
As JT seems to already point out, the price of ref here on backpacktf is outdated. Additionally, the sales data for keys as I have provided above appears to suggest, to me at least, that keys are currently worth about 49 ref. Perhaps a bit lower. But I mentioned my estimate was conservative. (And keys might still go down further.)
someone has to update keys price first, then we can update ref price
Way too much momentum and volatility to go with a fixed rangeless price. Though the data provided is still interesting nonetheless.
I don't see how suggesting a ranged price would necessarily be any better. I simply estimated, based on the data, that the current value of a key is about 49 ref. I agree that it is to be expected for the price to decrease further still, hence my use of the word 'conservatively' in my original suggestion post.
In the end the current suggested price of 53.33-53.44 is clearly outdated, so changing it to something more accurate to the current market is desirable.
47-48 makes more sense
I would like to lower the price too, but yeah like the other person said.
Greetings, fellow TF2 economy enjoyers. This is my first suggestion, so bear with me.
Data from Gladiator.tf - https://gladiator.tf/sales?item=Mann%20Co.%20Supply%20Crate%20Key&at=2022-09-08T16:20:21.243Z
Sold past 7 days
Bought past 7 days
I put this data in a spreadsheet and calculated the average.
Average price sold: ~49.88
Average price bought: ~50.22
Total average: ~50.11
Prices.tf - https://prices.tf/items/5021;6
On 8 September 2022 at 12:13, keys were:
Scrap.tf - https://scrap.tf/keys
On the date and time of suggestion, Scrap.tf were:
STN.Trading - https://stntrading.eu/tf2/keys
On the date and time of suggestion, STN.Trading were:
Currently lowest sellers are sitting at 48-48.22 and highest buyers are sitting at around 45.
Considering the above data I conservatively suggest a current price of 49 ref. Critique is of course welcome.
Already too low.
Trend in key prices seems to go down, so as per speculation and current classifieds I would rather price it around 47-48 ref. You did take average of all data but you also need to pay attention to current buyers and sellers to see if the average is making sense or not.
Considering how many are pointing out that I did not take into proper account what sellers and buyers are currently sitting at, suggesting to put the price at 47-48, I am closing this and going to resuggest.
Looks high with so many sellers under 49
Putting more wait on current listings, I guess 48 would perhaps be a better suggested price. The data does however not seem to show that keys are selling at these prices yet. Hence my somewhat conservative proposal of 49, which sits closer to the data from Gladiator.tf.
However a suggested price range of 48-49 would perhaps be more accurate. What would you put the current price at?
keys have been regularly selling for 1.7-1.75 each.
with the current price of refined metal sitting at about 0.0275, that would put the proposed price of a key at 49 ref*0.0275 = 1.46 USD each
imo, keys are way undervalued ref wise
I mean, I don't really get the price of refined metal though since it's being sold at mannco and marketplace for 0.04-0.05. And if you divide key prices right now with how much ref they cost. Ref should be around 0.033-0.034
As JT seems to already point out, the price of ref here on backpacktf is outdated. Additionally, the sales data for keys as I have provided above appears to suggest, to me at least, that keys are currently worth about 49 ref. Perhaps a bit lower. But I mentioned my estimate was conservative. (And keys might still go down further.)
someone has to update keys price first, then we can update ref price
Way too much momentum and volatility to go with a fixed rangeless price. Though the data provided is still interesting nonetheless.
I don't see how suggesting a ranged price would necessarily be any better. I simply estimated, based on the data, that the current value of a key is about 49 ref. I agree that it is to be expected for the price to decrease further still, hence my use of the word 'conservatively' in my original suggestion post.
In the end the current suggested price of 53.33-53.44 is clearly outdated, so changing it to something more accurate to the current market is desirable.
47-48 makes more sense
I would like to lower the price too, but yeah like the other person said.
There is a lot of sellers under 48 refs.