buddhapest Posted July 9, 2015 Share Posted July 9, 2015 Guess I wasn't clear enough, the price in ref for keys is 6x as much as it was when I last played, and I'm asking why that might be. because the conversion rate went up. Link to comment Share on other sites More sharing options...
Mengh. Posted July 9, 2015 Share Posted July 9, 2015 From the time you left to the time you came back, there would have been a lot of new people joining TF2. Most would be able to trade. All of that most, of course, would want keys because they're seen as the premium currency, as well as the fact that they're used for uncrating as well. The demand is high and so, prices would go up in order to compensate for it. Link to comment Share on other sites More sharing options...
Adma The Deadwolf Posted July 9, 2015 Share Posted July 9, 2015 because the conversion rate went up. From the time you left to the time you came back, there would have been a lot of new people joining TF2. Most would be able to trade. All of that most, of course, would want keys because they're seen as the premium currency, as well as the fact that they're used for uncrating as well. The demand is high and so, prices would go up in order to compensate for it. Thanks! Link to comment Share on other sites More sharing options...
James Baxter Posted July 9, 2015 Share Posted July 9, 2015 >Key prices are falling at an extremely fast rate. > Refined is not going up at all. That a bad thing? Link to comment Share on other sites More sharing options...
Gren Posted July 9, 2015 Share Posted July 9, 2015 From the time you left to the time you came back, there would have been a lot of new people joining TF2. Most would be able to trade. All of that most, of course, would want keys because they're seen as the premium currency, as well as the fact that they're used for uncrating as well. The demand is high and so, prices would go up in order to compensate for it. During that same time however, a lot of people also left the game. I would say there's definitely less active players now than 2 years ago, so that's not it. It's more and more refined entering the game (through weekly weapon drops) and refined no longer serving a purpose, since it's cheaper to buy a craft hat than to craft one. So the amount of refined in the game is always growing much quicker than the number of keys. This is actually true for most items (hats, miscs, stranges) which leads to their devaluation. Keys however are tied to the Mann Co store price and thus are basically immune to this devaluation due to increasing numbers. Then there are the key flippers who contribute to rising key prices (they accelerate the trend). Link to comment Share on other sites More sharing options...
buddhapest Posted July 9, 2015 Share Posted July 9, 2015 During that same time however, a lot of people also left the game. I would say there's definitely less active players now than 2 years ago, so that's not it. It's more and more refined entering the game (through weekly weapon drops) and refined no longer serving a purpose, since it's cheaper to buy a craft hat than to craft one. So the amount of refined in the game is always growing much quicker than the number of keys. This is actually true for most items (hats, miscs, stranges) which leads to their devaluation. Keys however are tied to the Mann Co store price and thus are basically immune to this devaluation due to increasing numbers. Then there are the key flippers who contribute to rising key prices (they accelerate the trend). you can't have both. either a lot of people have left the game or too much refined is going in. btw: http://steamcharts.com/app/440#All Link to comment Share on other sites More sharing options...
Major Erection Posted July 10, 2015 Share Posted July 10, 2015 Okay, here's the thing. I'm not sure if anyone has posted this but I'm gonna say it anyway. Many people in the community are saying that Key prices are going down. But it actually isn't dropping. A key is commonly priced at 2 USD regardless of how many of them exists. Sure there are sellers higher/lower than this value but you get the point. Now, when we look at metals, we can see that in the past week, a key dropped from 19 refined to 17 refined. Keys didn't drop from 2 USD to 1.8 USD. Instead, Refined metals actually rose in value. So before you continue commenting anywhere about how keys are dropping in value, remember that it isn't but actually it's metals that are increasing in value. Link to comment Share on other sites More sharing options...
Fruit Posted July 11, 2015 Share Posted July 11, 2015 I'm not playing this game anymore so could anyone explain why exactly ref are more valuable right than then it was month ago? What exactly changed? Link to comment Share on other sites More sharing options...
Tako Posted July 14, 2015 Share Posted July 14, 2015 DOWN WITH THE KEY AND BUD RAIN OF TERROR Tim Primetal 1 Link to comment Share on other sites More sharing options...
Pix Hecate Posted July 18, 2015 Share Posted July 18, 2015 Alright, heres my 2 cents As more and more normal item drops are found there is more and more metal; and they don't get used up like keys in crates (unless theres a crafting event?), at least not nearly as often, using this logic since the amount of keys are -KINDA- stable and the amount of metal is always going up, should the price of keys in metal also not go up? Logic. Cent 2 If the amount of ref in a key goes down, shouldn't the $ value of ref also go up to keep the price of the key in metal at a stable 2$? also, if amount of ref in key goes up, ref price should go down to balance it out, right? Link to comment Share on other sites More sharing options...
Tim Primetal Posted July 20, 2015 Share Posted July 20, 2015 What's a good time to cash in my ref for keys? Should I go now or wait to see if prices on keys get lower? Any thoughts? Link to comment Share on other sites More sharing options...
cares Posted July 20, 2015 Share Posted July 20, 2015 What's a good time to cash in my ref for keys? Should I go now or wait to see if prices on keys get lower? Any thoughts? Now is a good time, ref is dropping in price again. Link to comment Share on other sites More sharing options...
Crit Happens Posted October 4, 2015 Share Posted October 4, 2015 the way i see it, keys going up = more value for money if you buy in, but really horrible for people who don't want to/can't. Link to comment Share on other sites More sharing options...
Fruit Posted November 7, 2015 Share Posted November 7, 2015 Guys what is going on with key price? It was stable for last 3 months and now it "raising" again Link to comment Share on other sites More sharing options...
cares Posted November 7, 2015 Share Posted November 7, 2015 Guys what is going on with key price? It was stable for last 3 months and now it "raising" again Woah, a whole reclaimed in 3 months. That's like 0.2% in over 90 days. Even 2.66 keys were more volatile than this. Link to comment Share on other sites More sharing options...
Fruit Posted November 7, 2015 Share Posted November 7, 2015 Woah, a whole reclaimed in 3 months. That's like 0.2% in over 90 days. Even 2.66 keys were more volatile than this. Its more like 0.55 just for the last week and It's pretty sad. I'm just trying to find what is going on and what exactly affecting the key price that much. Halloween event? I doubt because it's started like two weeks ago. Link to comment Share on other sites More sharing options...
Temido2222 Posted November 15, 2015 Share Posted November 15, 2015 Key prices are rising fast, any way to stabilize them? Link to comment Share on other sites More sharing options...
cares Posted November 16, 2015 Share Posted November 16, 2015 Its more like 0.55 just for the last week and It's pretty sad. I'm just trying to find what is going on and what exactly affecting the key price that much. Halloween event? I doubt because it's started like two weeks ago. Halloween unusuals can only be unboxed during halloween, so yes. Link to comment Share on other sites More sharing options...
Apeiron Posted November 20, 2015 Share Posted November 20, 2015 What happened? In last five days, key price increased +1 ref, quickly. (17 ref) And now people started to buy at 18, 18.11 ref. Should I convert to metal ? or keeping as key can be more profitable? Link to comment Share on other sites More sharing options...
Royal Posted November 20, 2015 Share Posted November 20, 2015 What happened? In last five days, key price increased +1 ref, quickly. (17 ref) And now people started to buy at 18, 18.11 ref. Should I convert to metal ? or keeping as key can be more profitable? - Halloween - Smissmas is coming - Winter Sale is coming - Escrow - Speculation They will probably rise till Christmas/New Year's Eve, then crash right after that. At least this is what happened last time. I'd say 20-22 ref is possible (they already reached 20 ref in the past). Link to comment Share on other sites More sharing options...
TheMightyPotato Posted December 17, 2015 Share Posted December 17, 2015 They will probably rise till Christmas/New Year's Eve, then crash right after that. At least this is what happened last time. I'd say 20-22 ref is possible (they already reached 20 ref in the past). Well, that prediction looks like it's having a pretty slim chance of coming to true now. Link to comment Share on other sites More sharing options...
Fruit Posted January 25, 2016 Share Posted January 25, 2016 Why ref. is falling again? Link to comment Share on other sites More sharing options...
Vrakos Anthrakir Posted January 25, 2016 Share Posted January 25, 2016 Why ref. is falling again? is it though? the most recent (legitimate) attempt to drop the price of refined failed Link to comment Share on other sites More sharing options...
Fruit Posted January 26, 2016 Share Posted January 26, 2016 is it though? the most recent (legitimate) attempt to drop the price of refined failed Well they key price was stable for almost month ~17-17.33 ref and look at outpost and backpack.tf. People already selling keys for 18.33-18.44. Obviously something going on, something affects the key price. Link to comment Share on other sites More sharing options...
Manfred Posted February 6, 2016 Share Posted February 6, 2016 I just priced down a naughty 2013 key. How nice. Link to comment Share on other sites More sharing options...
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