Highest B/O at 70 Ref (71), 69.66 Ref (45), and 69.55 Ref (165)
Lowest S/O at 66.66 Ref (12), 66.77 Ref (38), and 66.88 Ref (11)
Notes
Following the styling created by Admiral Pete, and adapting with more stats. I removed three stat points from these statistics, bought keys at 43.33 Ref (700), I have no idea how this slipped by or how this was introduced by the bots, maybe a mistake, if you think it should be taken into account during analysis, I can redo this with them included. The two seller stats were 89.11 Ref (2), and 80 Ref (1). All these stats can be considered outliers. To conclude the price suggestion, considering the combined prices, a new range from 67 to 69 represents the range of sales bulking up around buyers at 68-69 ref and sellers 67-68 ref. Thanks for taking the time to read. Here is an imgur link with screen shots of the excel used to collect and sort data: https://imgur.com/a/BiLWZIw
Sub-Note
The aim of giving a larger range of price (2 refined) is to hopefully limit the rapid fluctuation in price which can naturally occur due to laws of supply and demand, it can be noted due the numbers that more people are buying keys then selling at the moment, indicated a steady rise in demand (2807 Bought vs. 1861 Sold)
Firstly love the effort with the suggestion. However in regards to actual price range I feel as though 2 ref difference is too large. It does need an update but not sure if the market is stable enough for an update at the moment. I will see what others say
Could you give more context as to why 2 ref is too large? I have given thorough reasoning to my thought process. Would like more constructive criticism.
Due to the amount of sales a key and also representing a currency it should represent a defined value and market point. If having to large of a range, while yes it covers the shifting market but also doesn't have a clear sale point mainly in this case.
2 ref I feel is a large gap however especially in this case due to the market trending upwards.
Based on sellers and buyers at the moment the market is trending towards the 69 - 70 ref mark.
A 2 ref difference may be okay if the market was more stable but because it is still shifting a decent amount its hard to say
I myself have never done a key suggestion but I would be interested to see if they think differently to me.
Edit: I believe the market will need to settle before updating even a day or two more
The issue with your criticism is that the market the past month has been unstable, varying from 63 refined to 70. The 2 refined range is an attempt to define a set low and high of key values that can be worked within, instead of above and below, this is being attempted to try and stabilize subsequent item values. Many items around the key mark, i.e. items worth 3 keys, or 4 keys suffer when the market fluctuates this excessively. Having a smaller range doesn't seem to help as it quickly loses its meaning when the market shifts by several refined each week.
The amount of sales of the key indicates the demand/supply relationship, a larger range accounts for this natural variation, i.e. sometimes demand is up, whilst supply is low, or, demand is low, whilst supply is up. If you believe you have a better solution, I (and the community) are all ears because I believe its a common consensus that the rise of key prices isn't a healthy and sustainable trend.
Yeah part of the reason I haven't made a suggestion is because
No update needed
When an update is required, it's too unstable
Bot Classifieds are terrible
Idk when to make a new one, the one day I chose to make a suggestion but wait a day. Sales completely changed
Bot buyers starting @ 71.11
Sellers 70.55
Recent sales in equivalent numbers circulating around this as well
Yeahhhh this suggy unfortunately won't work.
Legit was posted a day and a half ago. Unluggy.
well, I suggest 71 ref for 1 key
Please god no.
wish granted, 72 ref instead.
Make it 75 refined and we got a deal.
Let's get it to 100 ref per key
The Inflation is crazy
Welp. Shucks, think we might be screwed.
sell/buy orders are at 73 ref at the time of making this comment, wow :o
Surely keys will stabilize soon...
Nope, gonna hit some ridiculous price because of the bot community.
Fated Key Suggestion
Been a month, going off good ol' Admiral Pete's Format, with some adjustment. --> https://backpack.tf/suggestion/67bf1268d8107bce21008be3
Past Week - Gladiator TF
Bought:
71 @ 70 ref
45 @ 69.66 ref
165 @ 69.55 ref
13 @ 69.33 ref
107 @ 69.11 ref
29 @ 69 ref
58 @ 68.88 ref
5 @ 68.77 ref
2 @ 68.66 ref
685 @ 68.55 ref
22 @ 68.44 ref
35 @ 68.33 ref
34 @ 68.22 ref
82 @ 68.11 ref
152 @ 68 ref
1 @ 67.77 ref
1 @ 67.33 ref
200 @ 67.22 ref
400 @ 67.11 ref
700 @ 43.33 ref <-- Outliers?
Sold:
2 @ 89.11 ref
1 @ 80 ref
2 @ 73.55 ref
1 @ 73.44 ref
2 @ 72.88 ref
3 @ 72.66 ref
5 @ 72.44 ref
2 @ 72.33 ref
5 @ 72.22 ref
1 @ 72.11 ref
4 @ 72 ref
1 @ 71.22 ref
16 @ 71 ref
10 @ 70.88 ref
8 @ 70.77 ref
18 @ 70.66 ref
7 @ 70.55 ref
5 @ 70.44 ref
4 @ 70 ref
174 @ 69 ref
46 @ 68.88 ref
2 @ 68.83 ref
56 @ 68.77 ref
6 @ 68.72 ref
97 @ 68.66 ref
2 @ 68.61 ref
37 @ 68.55 ref
16 @ 68.5 ref
70 @ 68.44 ref
66 @ 68.38 ref
257 @ 68.33 ref
1 @ 68.22 ref
5 @ 68.11 ref
12 @ 68 ref
53 @ 67.88 ref
1 @ 67.77 ref
34 @ 67.55 ref
138 @ 67.44 ref
345 @ 67.33 ref
2 @ 67.27 ref
129 @ 67.22 ref
79 @ 67.11 ref
78 @ 67 ref
11 @ 66.88 ref
38 @ 66.77 ref
12 @ 66.66 ref
Important Numbers
Bought:
165 @ 69.55 ref
685 @ 68.55 ref
152 @ 68 ref
200 @ 67.22 ref
400 @ 67.11 ref
Sold:
174 @ 69 ref
257 @ 68.33 ref
138 @ 67.44 ref
345 @ 67.33 ref
129 @ 67.22 ref
Combined:
165 @ 69.55 ref
722 @ 68.55 ref
259 @ 68.33 ref
164 @ 68 ref
138 @ 67.44 ref
346 @ 67.33 ref
329 @ 67.22 ref
479 @ 67.11 ref
Important Stats
Bought:
Mean Price - 68.28 Refined/Key
Median Price - 68.56 Refined/Key
Mode Price - 68.55 Refined/Key
Sold:
Mean Price - 68.08 Refined/Key
Median Price - 70.11 Refined/Key
Mode Price - 67.33 Refined/Key
Combined:
Mean Price - 68.18 Refined/Key
Median Price - 69.34 Refined/Key
Mode Price - 67.94 Refined/Key
Classified Listings
Highest B/O at 70 Ref (71), 69.66 Ref (45), and 69.55 Ref (165)
Lowest S/O at 66.66 Ref (12), 66.77 Ref (38), and 66.88 Ref (11)
Notes
Following the styling created by Admiral Pete, and adapting with more stats. I removed three stat points from these statistics, bought keys at 43.33 Ref (700), I have no idea how this slipped by or how this was introduced by the bots, maybe a mistake, if you think it should be taken into account during analysis, I can redo this with them included. The two seller stats were 89.11 Ref (2), and 80 Ref (1). All these stats can be considered outliers. To conclude the price suggestion, considering the combined prices, a new range from 67 to 69 represents the range of sales bulking up around buyers at 68-69 ref and sellers 67-68 ref. Thanks for taking the time to read. Here is an imgur link with screen shots of the excel used to collect and sort data: https://imgur.com/a/BiLWZIw
Sub-Note
The aim of giving a larger range of price (2 refined) is to hopefully limit the rapid fluctuation in price which can naturally occur due to laws of supply and demand, it can be noted due the numbers that more people are buying keys then selling at the moment, indicated a steady rise in demand (2807 Bought vs. 1861 Sold)
Firstly love the effort with the suggestion. However in regards to actual price range I feel as though 2 ref difference is too large. It does need an update but not sure if the market is stable enough for an update at the moment. I will see what others say
Could you give more context as to why 2 ref is too large? I have given thorough reasoning to my thought process. Would like more constructive criticism.
Due to the amount of sales a key and also representing a currency it should represent a defined value and market point. If having to large of a range, while yes it covers the shifting market but also doesn't have a clear sale point mainly in this case.
2 ref I feel is a large gap however especially in this case due to the market trending upwards.
Based on sellers and buyers at the moment the market is trending towards the 69 - 70 ref mark.
A 2 ref difference may be okay if the market was more stable but because it is still shifting a decent amount its hard to say
I myself have never done a key suggestion but I would be interested to see if they think differently to me.
Edit: I believe the market will need to settle before updating even a day or two more
The issue with your criticism is that the market the past month has been unstable, varying from 63 refined to 70. The 2 refined range is an attempt to define a set low and high of key values that can be worked within, instead of above and below, this is being attempted to try and stabilize subsequent item values. Many items around the key mark, i.e. items worth 3 keys, or 4 keys suffer when the market fluctuates this excessively. Having a smaller range doesn't seem to help as it quickly loses its meaning when the market shifts by several refined each week.
The amount of sales of the key indicates the demand/supply relationship, a larger range accounts for this natural variation, i.e. sometimes demand is up, whilst supply is low, or, demand is low, whilst supply is up. If you believe you have a better solution, I (and the community) are all ears because I believe its a common consensus that the rise of key prices isn't a healthy and sustainable trend.
Yeah part of the reason I haven't made a suggestion is because
Idk when to make a new one, the one day I chose to make a suggestion but wait a day. Sales completely changed
Bot buyers starting @ 71.11
Sellers 70.55
Recent sales in equivalent numbers circulating around this as well
Yeahhhh this suggy unfortunately won't work.
Legit was posted a day and a half ago. Unluggy.
well, I suggest 71 ref for 1 key
Please god no.
wish granted, 72 ref instead.
Make it 75 refined and we got a deal.
Let's get it to 100 ref per key
The Inflation is crazy
Welp. Shucks, think we might be screwed.
Surely keys will stabilize soon...
Nope, gonna hit some ridiculous price because of the bot community.
Yes but no, but no but yes but no
Admiral Pete update this https://backpack.tf/vote/Unusual/Commonwealth%20Commando/Tradable/Craftable/335
Sold 5 for 73.55 sorry 😔
Crying and seathing
I'm so sorry 😔 this is a good suggestion
buyers up to 74.22, rip
Dude im actually so depressed looking at the projections.
I'm suprised you kept this open xD
Want to see if we swing around back, dont think it will but staying optimistic :D
I made a new suggestion
https://backpack.tf/suggestion/68018e3adb142963910ae8ee
https://next.backpack.tf/suggestions/68018e3adb142963910ae8ee
Is metal also outdated too, Pete man?
It will be if my Suggestion gets accepted