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Assign a static KEY price to unusuals.


dcjj

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ex. my unusual hotties hoodie g.fetti is 2 buds, but has gone from 70$ to 52$ in 1 month just because of the bud price dropping. So when buds drop, everything drops?

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I used to think that unusuals should probably be priced in keys rather than in buds, but then Polar pointed out that the drop in value for buds is also a reflection of a drop in demand for unusuals in general.   So it makes sense that all hats take a drop in value.  If the demand is strong, people will pay more in keys for your hat.   

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+ the tf2 economy is based on refs, pricing it in buds makes it so that the ref price of the items stay the same

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Your hoodie has dropped from 70 to 52 not because of some artificial glitch / problem with pricing but because it has actually dropped in USD value.

 

People are still selling it for 2 buds or less: http://www.tf2outpost.com/trade/24094694. Buds are a huge indication of unusual value. When buds drop, it's an indication that unusuals are dropping in dollar value. That's why we price hats in buds. Because most people sell for the same amount of buds regardless of how much buds are selling for in keys.

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Your hoodie has dropped from 70 to 52 not because of some artificial glitch / problem with pricing but because it has actually dropped in USD value.

 

People are still selling it for 2 buds or less: http://www.tf2outpost.com/trade/24094694. Buds are a huge indication of unusual value. When buds drop, it's an indication that unusuals are dropping in dollar value. That's why we price hats in buds. Because most people sell for the same amount of buds regardless of how much buds are selling for in keys.

 

the real question is

 

what if the price was still listed as $70. Would there still be ones on outpost for 2 buds.

 

You're not accounting for correlation between price asked and bp.tf suggested value.

 

Yeah in a perfect world the two are entirely separate, but we all know that is not the case.

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the real question is

 

what if the price was still listed as $70. Would there still be ones on outpost for 2 buds.

 

You're not accounting for correlation between price asked and bp.tf suggested value.

 

Yeah in a perfect world the two are entirely separate, but we all know that is not the case.

 

That experiment was already tested. That was how it was for two years before we changed it to its current system because USD values kept falling and it was more accurate to price them in buds.

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the real question is

 

what if the price was still listed as $70. Would there still be ones on outpost for 2 buds.

 

You're not accounting for correlation between price asked and bp.tf suggested value.

 

Yeah in a perfect world the two are entirely separate, but we all know that is not the case.

The issue is that unusuals have always been tied to buds -- even before the days of bptf. The only way that's going to change is if buds completely crash, at which point unusuals will finally become tied to USD (or more likely, keys).

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lol i prefer a 5 keys bud over a 30 keys buds.

 

I hope it crash sooner.

 

when buds where 10 keys trading was faster.

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lol i prefer a 5 keys bud over a 30 keys buds.

 

I hope it crash sooner.

 

when buds where 10 keys trading was faster.

 

You mean like 3 years ago?  Yea of course trading was faster, there weren't hundreds of thousands of items :/

 

Buds at five keys (or 8) will bring the unusual market to a halt.  Sellers will insist on higher prices for their hats to minimize their loss (e.g. bought 10 bud hat for 160 keys when buds were 16 keys; that seller isn't going to sell for 50 keys and lose 110 keys on that transaction, he's going to ask for 160 keys which is 32 buds).  The buyer of course will not pay 32 buds for a hat that's commonly traded at 10.  The whole thing is going to gridlock, nobody buys and nobody sells.  Buds crashing isn't a good thing.  

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You mean like 3 years ago?  Yea of course trading was faster, there weren't hundreds of thousands of items :/

 

Buds at five keys (or 8) will bring the unusual market to a halt.  Sellers will insist on higher prices for their hats to minimize their loss (e.g. bought 10 bud hat for 160 keys when buds were 16 keys; that seller isn't going to sell for 50 keys and lose 110 keys on that transaction, he's going to ask for 160 keys which is 32 buds).  The buyer of course will not pay 32 buds for a hat that's commonly traded at 10.  The whole thing is going to gridlock, nobody buys and nobody sells.  Buds crashing isn't a good thing.  

 

It won't gridlock that bad. How many Unusual traders have had the same hat from the 16-18 bud days, and haven't been able to sell it until now (or couple of months from now when buds might actually drop this low)? Only people that would reliably get screwed, are ones that bought their hats awhile ago and had the human decency to "actually like and wear" the hat. Average unusual trader probably isn't going to pay the "new" price of 32 buds, hell he probably wouldn't offer you 8-9 deflated buds for it. Where's the profit in trading if he has to pay you like that?

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It won't gridlock that bad. How many Unusual traders have had the same hat from the 16-18 bud days, and haven't been able to sell it until now (or couple of months from now when buds might actually drop this low)? Only people that would reliably get screwed, are ones that bought their hats awhile ago and had the human decency to "actually like and wear" the hat. Average unusual trader probably isn't going to pay the "new" price of 32 buds, hell he probably wouldn't offer you 8-9 deflated buds for it. Where's the profit in trading if he has to pay you like that?

 

Yea, true, most traders go through hats pretty quickly.   Some of us tend to hang onto hats, but I know we're in the minority.  

 

However, if buds are perceived to be on a downward spiral (as they are today), people will be more reluctant to invest in unusuals which are of course priced in buds.  Why buy something today for 20 keys when next week it'll probably be worth 16?  You'd rather hang onto your keys in that case and just wait this whole thing out.  This reluctance to buy obviously further contributes to a stagnant unusual market.  

 

Either way you put it, an extreme downward trends in buds isn't good for high item trading.  

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It is only temporary right now. People are selling the buds to try and take advantage of steam sales in December, a trend that usually starts around Halloween when the buds are sold as quick as possible to try and get Halloween unusuals. The drop in buds is more noticeable this year because there was an unexpected Steam sales event around Thanksgiving. The buds will start going up after the Christmas event... Like it always has

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