Dr. Ocsid Posted March 7, 2013 Share Posted March 7, 2013 Why? Think about it. When keys were 2.33, people sold for 2.44. However there was no price speadsheet or anything back then. Now, what has been happening is, spreadsheet says 3.66. People start (Successfully) selling at 3.77 each. People notice this and create a suggestion to heighten then price. Then the same damned cycle happens over and over again. Heck, there are people selling for 4.33 ref each. Let's try something and see if anything happens to the prices if backpack.tf's price never changes. Just don't allow price suggestions for one month. You'll see that the prices won't rise anymore. Link to comment Share on other sites More sharing options...
Crabislav Posted March 7, 2013 Share Posted March 7, 2013 "We are not trying to raise our backpack value, we are just showing their current price on the market" The neverending circlejerk of irony. Link to comment Share on other sites More sharing options...
AwesomeMcCoolName Posted March 7, 2013 Share Posted March 7, 2013 Dont be atupid, bp.tf is NOT causing the key:metal ratio increase....it might be speeding it up, but is most certainly not creating it. Link to comment Share on other sites More sharing options...
Crabislav Posted March 7, 2013 Share Posted March 7, 2013 Dont be atupid, bp.tf is NOT causing the key:metal ratio increase....it might be speeding it up, but is most certainly not creating it. lol Read my first post, 2nd sentence. Link to comment Share on other sites More sharing options...
Alex From Security Posted March 7, 2013 Share Posted March 7, 2013 Logic. Herpderp keys are 4 ref. Let's make a scrap of profit. Price goes up. Dumb logic if you ask me. Link to comment Share on other sites More sharing options...
Woifi The Viking Posted March 7, 2013 Share Posted March 7, 2013 Just saying their are much buyers at the current high range of 4 ref. And guess what, they successfully resell for more. On each other item the price would be 4-4.11 but on keys it's more sensible so it's just 3.88-4 and maybe 3.88-4.11 soon. Also most suggestions are up for days and so bp.tf is mostly a bit behind (to outpost, the fastest changing market). Link to comment Share on other sites More sharing options...
Liddojunior Posted March 7, 2013 Share Posted March 7, 2013 Well when people stop paying more, then the suggestions will stop. If you disable it for a month, i think it'll still go up, except a bunch of new traders will sell them cheap and they'll be taken advantage of and then those keys will be resold for more. Link to comment Share on other sites More sharing options...
Jymotion Posted March 7, 2013 Share Posted March 7, 2013 "We are not trying to raise our backpack value, we are just showing their current price on the market" The neverending circlejerk of irony. I don't think you know what irony is. To address the main topic: the suggestions will stop when the price stops rising, which won't be for a while. please stop with the suggestions regarding how bp.tf should handle key suggestions. Link to comment Share on other sites More sharing options...
GSC159753 Posted March 8, 2013 Share Posted March 8, 2013 common though guys, 2 suggestions accepeted PER week, with them suggested every-day, no matter how fast the market changes, this is a poor way to handle it. 1 suggestion a week was better than this, honestly. Link to comment Share on other sites More sharing options...
Xile{t} Posted March 8, 2013 Share Posted March 8, 2013 Just don't allow price suggestions for one month. You'll see that the prices won't rise anymore. Fuck can I borrow that crystal ball? I haven't bought my lottery ticket yet. Link to comment Share on other sites More sharing options...
Dr. Ocsid Posted March 19, 2013 Author Share Posted March 19, 2013 Fuck can I borrow that crystal ball? I haven't bought my lottery ticket yet. You don't need a crystal ball for common sense. At least, I don't. I dunno about the others in this thread. Link to comment Share on other sites More sharing options...
@@@@@@ Posted March 20, 2013 Share Posted March 20, 2013 >this thread again Link to comment Share on other sites More sharing options...
MC22 Posted March 21, 2013 Share Posted March 21, 2013 Someone has not as of yet read base64's explanation. Unless you have a Ph. D in economics, Doctor, please refrain form making unproven or even illogical statements. Link to comment Share on other sites More sharing options...
Jymotion Posted March 21, 2013 Share Posted March 21, 2013 The neverending circlejerk of irony. again, I don't think you understand what either of those words mean. As for the topic of this post, it is revolutionary and has opened my eyes. Thank you Dr. Link to comment Share on other sites More sharing options...
Crabislav Posted March 21, 2013 Share Posted March 21, 2013 again, I don't think you understand what either of those words mean. As for the topic of this post, it is revolutionary and has opened my eyes. Thank you Dr. I personally think you don't. Just move along. Link to comment Share on other sites More sharing options...
AwesomeMcCoolName Posted March 21, 2013 Share Posted March 21, 2013 I personally think you don't. Just move along. Question: when was key prices last updated? Answer: 9 days ago. Question: what's the current listed price? Abswer: 4-4.11 Question: what are keys currently selling for? Answer 4-4.33 ref. It's quite obvious the rise is happening in on its own. Link to comment Share on other sites More sharing options...
Pyrocide Posted March 21, 2013 Share Posted March 21, 2013 Crabislav http://www.urbandictionary.com/define.php?term=circle+jerk Best definition I could find that wasnt offensive. 1) Group masturbation, usually males, sitting or standing in a circle jerking themselves or each other off. Link to comment Share on other sites More sharing options...
RuffRyders Posted March 21, 2013 Share Posted March 21, 2013 Question: when was key prices last updated? Answer: 9 days ago. Question: what's the current listed price? Abswer: 4-4.11 Question: what are keys currently selling for? Answer 4-4.33 ref. It's quite obvious the rise is happening in on its own. Votings cause speculations. People see on the frontpage another key rise suggestion by someone with a blue star. And people will think keys are rising again. So please that argument is invalid Link to comment Share on other sites More sharing options...
Teeird Posted March 21, 2013 Share Posted March 21, 2013 I personally think you don't. Just move along. NO U Link to comment Share on other sites More sharing options...
AwesomeMcCoolName Posted March 21, 2013 Share Posted March 21, 2013 Votings cause speculations. People see on the frontpage another key rise suggestion by someone with a blue star. And people will think keys are rising again. So please that argument is invalid So how come prices rise even when there is no suggestion (or recent accepted suggestion)? Link to comment Share on other sites More sharing options...
RuffRyders Posted March 21, 2013 Share Posted March 21, 2013 So how come prices rise even when there is no suggestion (or recent accepted suggestion)? You don't get it what I said. There is a suggestion right now on frontpage for 2 days already. Link to comment Share on other sites More sharing options...
Jymotion Posted March 21, 2013 Share Posted March 21, 2013 The topic that no one really discusses is: why is it backpack.tf's responsibility to slow down the rising key prices? If documenting the current price of keys causes the key price to continue to rise (and people continue to line up to buy them), that seems pretty obvious to me that the current price of keys is not at equilibrium. Yes, I'm bummed that it take me twice as long to earn a key through drops, but I don't think backpack.tf should make efforts to counter-act a natural phenomenon. It should remain unbiased. Link to comment Share on other sites More sharing options...
RuffRyders Posted March 21, 2013 Share Posted March 21, 2013 The topic that no one really discusses is: why is it backpack.tf's responsibility to slow down the rising key prices? If documenting the current price of keys causes the key price to continue to rise (and people continue to line up to buy them), that seems pretty obvious to me that the current price of keys is not at equilibrium. Yes, I'm bummed that it take me twice as long to earn a key through drops, but I don't think backpack.tf should make efforts to counter-act a natural phenomenon. It should remain unbiased. As long as backpack.tf is around, keys wont stabilize. Every each scrap just has to be recorded on this site, which repeats over and over. I am sure if voting wasn't allowed, the price would stabilize more. But now we can never now if it will work out or not. It''s a endless discussion. I say just take action, but people keep going on saying keys blah blah idle blah blah metal blah blah. Link to comment Share on other sites More sharing options...
Jymotion Posted March 21, 2013 Share Posted March 21, 2013 As long as backpack.tf is around, keys wont stabilize. Every each scrap just has to be recorded on this site, which repeats over and over. I am sure if voting wasn't allowed, the price would stabilize more. But now we can never now if it will work out or not. It''s a endless discussion. I say just take action, but people keep going on saying keys blah blah idle blah blah metal blah blah. You didn't actually respond to any of my points that you quoted. Why should backpack.tf take action to slow down the rising key prices? Why is that their responsibility? Link to comment Share on other sites More sharing options...
RuffRyders Posted March 21, 2013 Share Posted March 21, 2013 You didn't actually respond to any of my points that you quoted. Why should backpack.tf take action to slow down the rising key prices? Why is that their responsibility? Why it is their responsibility? Because bp.tf is seen by many people as the standard guide for pricings. And as a leader it is natural to step up and do something about it. Like not allowing voting on keys for a while for example Link to comment Share on other sites More sharing options...
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