fluffyy Posted April 4, 2015 Share Posted April 4, 2015 it just makes my trading life harder, i have no idea what the fuck to value hats at now Link to comment Share on other sites More sharing options...
polar Posted April 4, 2015 Share Posted April 4, 2015 I think Brad jumped the gun. Way too volatile to be a currency. They'll never sit still. Link to comment Share on other sites More sharing options...
Mrs TS Posted April 4, 2015 Share Posted April 4, 2015 it just makes my trading life harder, i have no idea what the fuck to value hats at now Keys....like it salways should have been. Then, all you would have to do is figure out (ok, buds = x amount of keys) Link to comment Share on other sites More sharing options...
Professional Map Painter Posted April 4, 2015 Share Posted April 4, 2015 I think Brad jumped the gun. They all went down due to undercutters, now they're rising back up due to the lack of sellers at 5-8 keys http://backpack.tf/vote/id/551f5781b88d8829358b4703 http://backpack.tf/vote/id/5520484ab98d888d4b8b463a - rose 3 keys and the day isn't even over yet They'll crash again once the hoarders start undercutting eachother. Link to comment Share on other sites More sharing options...
michael- Posted April 4, 2015 Share Posted April 4, 2015 I think Brad jumped the gun. They all went down due to undercutters, now they're rising back up due to the lack of sellers at 5-8 keys http://backpack.tf/vote/id/551f5781b88d8829358b4703 http://backpack.tf/vote/id/5520484ab98d888d4b8b463a - rose 3 keys and the day isn't even over yet The fact that they can rise and fall like that makes them an unstable form of currency. Link to comment Share on other sites More sharing options...
oap Posted April 4, 2015 Share Posted April 4, 2015 https://youtu.be/Hi4z0S8jfbU?t=20s Link to comment Share on other sites More sharing options...
WDZ-RR Poncho Sullivan Posted April 4, 2015 Share Posted April 4, 2015 I will just copy/paste something I wrote on the 9-10 key bud suggestion: If they make a push to make it a currency again, we have the same bullshit happening to unusuals if they are once again coupled to buds. The same fluctuations with the buds that we have seen will happen again, and by now, I think people with higher tier unusuals are growing wise to this and choosing not to see their unusual nosedive in price even if they have sold it because the unusual is hooked in an unstable currency... which the bud has always been. It follows a fairly predictable pattern: It peaks before the start of October, and gets to it's lowest between March and April. Basically, from October to April, it's a fucking game of hot potato, and right now, they are on the upswing, but only because a group of people want to establish it as a currency again. It's good as a bargaining chip, yes, but the one thing an economy needs to do is to have a sense of stability, and with earbuds, you just sneeze and the price goes up. It just goes to show how truly unstable it is when it rises this quick in such an exponentially short amount of time. It would be a lot wiser to price unusuals off of keys instead of buds, simply due to how incredibly unstable the buds are. It's just a game of hot potato, folks. Link to comment Share on other sites More sharing options...
KimoKimKim Posted April 4, 2015 Share Posted April 4, 2015 All in all, People afraid becase of a further drop and sold their buds like 4-5keys and cunnings(very high value bp owner[check thier bp what happened]) bought buds,Now buds pass rise but cunnings alrealy know that becaseu they are lots of coyotes and you are lamb and rules of nature everytime coyotes eat lamb.So What hapenned Rich go richer and poor go poorer.Why becaseu There is real money in the tf business and If there is money you wait evils Now they are laughing now... Link to comment Share on other sites More sharing options...
A Ninja Posted April 4, 2015 Share Posted April 4, 2015 The fact that they can rise and fall like that makes them an unstable form of currency. They probably would of only dropped to 10. Everyone just kept undercutting to each other and caused panic. Which caused them to drop. Link to comment Share on other sites More sharing options...
AwesomeMcCoolName Posted April 5, 2015 Share Posted April 5, 2015 They probably would of only dropped to 10. Everyone just kept undercutting to each other and caused panic. Which caused them to drop. I doubt they would've even hit ten if people didn't undercut each other. However, according to game theory, everyone should under cut each other -- so these types of drops/undercuts are never surprising. Link to comment Share on other sites More sharing options...
♠Derpeh♤ Posted April 5, 2015 Share Posted April 5, 2015 They probably would of only dropped to 10. Everyone just kept undercutting to each other and caused panic. Which caused them to drop. The thing is that because buds have been so unstable people dont have confidence in them at all, so at the first sign of a drop they will dump it. Not many people will hold on to them being confident that they will go back up. Heck it's the same pattern now, after extreme undercutting for a few days it stabilised and everyone started buying them up making prices skyrocket and everyone thinks they are going up (without knowing why) not they start over bidding for it. It will probably crash again in a few days. This is to point out how unstable of a currency buds has now become, isnt a reliable form of currency to have a price guide on. Link to comment Share on other sites More sharing options...
Noot ♥ Posted April 5, 2015 Share Posted April 5, 2015 Tldr Buds are too unstable to be regarded as a form of currency, "hype" is making the buds rise, but this will only make them fall even harder after the hype. Link to comment Share on other sites More sharing options...
Python. Posted April 5, 2015 Author Share Posted April 5, 2015 Way too volatile to be a currency. They'll never sit still. Statistically speaking, keys have risen more times than buds have inflated since their introduction. Keys are still currency. Keys have steadily increased around 9x their original value since 3 years ago, and buds have remained about the same up to now* Buds were stable for a very long time, around 19 keys for an entire year from 2013-2014 *They began to fall during winter for Steam sale, as assumed. They only kept falling because of continuous undercutters believing people were getting rid of their buds because buds were falling and they panicked, when all the original bud sellers just wanted fast keys. This led to a 6 key decrease in the next 4-5 months, and another 6 key decrease in a month and a half. Now that the undercutters have almost all been rooted out in the recent days, sellers have began to increase prices, and since demand is still high for buds, they're being picked up left and right, leading to the increase. Now that buds are marketable, I doubt in the years to come that buds will decrease due to the need for keys to sell on the market. Link to comment Share on other sites More sharing options...
♠Derpeh♤ Posted April 5, 2015 Share Posted April 5, 2015 Statistically speaking, keys have risen more times than buds have inflated since their introduction. Keys are still currency. Keys have steadily increased around 9x their original value since 3 years ago, and buds have remained about the same up to now* Buds were stable for a very long time, around 19 keys for an entire year from 2013-2014 Keys are by definition unchanged, they are technically not subject to "demand and supply" because all keys originated from the store which is 2.5USD making them the only thing in he economy which is of fixed value. Eg keys have been 1.7-1.8 paypal since years ago and has remained unchanged, buds on the other hand have shifted between 15-35$. You can say that everything moves relative to keys as it is the only "constant" in a economy and everything else is a variable. Ref gains it's "irl" value from keys (how many ref it takes to buy a key divided by the cost of keys irl), same with buds and everything else. A currency is defined as what is widely accepted by users, keys will always be in demand, it will always be the one thing in the economy which is stable and unchanging, buds on the other hand isnt and many users have lost confidence in buds favouring keys over them slowly losing it's "currency" status which is also what has happened to bills. Link to comment Share on other sites More sharing options...
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