F CHARLIE Posted February 10, 2014 Share Posted February 10, 2014 There is a large discussion happening about the suggested drop in the price for refined. I decided that the discussion should be moved to a thread. Point 1: If the proof is bad or lacking in some way than it can't pass. Final. There has always been a valuable, and needed, difference between the pricing site. Trade.tf and Finance.tf have their means of arriving at a price and bp.tf has it's. They are complimentary but we have only ever used those sites to hint at something we couldn't see. Point 2: I want everyone to take s step away from PayPal ref transactions. We have to recognize that there is a disconnect between the paypal price of ref and how we use ref in trading. Who buys ref for paypal and what do they do with it? Traditionally a large part of the paypal demand for ref has been people doing the ref/key flip. It is logical to recogonize that as the trade price of keys reached equalibrium then the demand for ref in terms of paypal transactions would go down but that has no connection to ref's use as a trade currency for items. These markets are seperate. I just want you to consider that the key/ref/paypal flipping has an effect on the trade market for which it may not have a connection. We don't do price suggestions for keys or buds based on paypal exchanges yet we do it for ref. While I understand why I want to warn you that there was always an inherent problem with this. Link to comment Share on other sites More sharing options...
The Radiated Banana Posted February 10, 2014 Share Posted February 10, 2014 Where is this large discussion? Link to comment Share on other sites More sharing options...
AwesomeMcCoolName Posted February 10, 2014 Share Posted February 10, 2014 Where is this large discussion? ref suggestion i'd assume Link to comment Share on other sites More sharing options...
F CHARLIE Posted February 10, 2014 Author Share Posted February 10, 2014 ref suggestion i'd assume The status update ofall places. Link to comment Share on other sites More sharing options...
AwesomeMcCoolName Posted February 10, 2014 Share Posted February 10, 2014 The status update ofall places. well then... Either ref needs to go down, or keys/buds need their own USD pricing and the USD value of bps need to be based off of keys/buds. I haven't paid much attention to the Ref-USD market lately since it went to compete shit about 10 months ago. Link to comment Share on other sites More sharing options...
F CHARLIE Posted February 10, 2014 Author Share Posted February 10, 2014 well then... Either ref needs to go down, or keys/buds need their own USD pricing and the USD value of bps need to be based off of keys/buds. I haven't paid much attention to the Ref-USD market lately since it went to compete shit about 10 months ago. And why do we have bp's valued in $ anyway. Link to comment Share on other sites More sharing options...
AwesomeMcCoolName Posted February 10, 2014 Share Posted February 10, 2014 And why do we have bp's valued in $ anyway. well, if it was accurate, then it would be fine. As an outsider to trading, someone who happens to have an unusual but knows nothing about trading, the USD price gives it some perspective. If you didn't know tf2 items actually had a monetary value, and someone told you an item was worth a lot, more than likely, your response would be: "O cool, i have an expensive item in a game....if only that meant something in real life." Link to comment Share on other sites More sharing options...
F CHARLIE Posted February 10, 2014 Author Share Posted February 10, 2014 well, if it was accurate, then it would be fine. As an outsider to trading, someone who happens to have an unusual but knows nothing about trading, the USD price gives it some perspective. If you didn't know tf2 items actually had a monetary value, and someone told you an item was worth a lot, more than likely, your response would be: "O cool, i have an expensive item in a game....if only that meant something in real life." To the majority of owners of these unusuals the key is enough of a gauge. The only time they will care about irl money is when they are leaving the game in which case it doesn't matter. They are forced to accept the best cash offer or just leave it. Remember, we are talking about the active trade community here. Paypal transactions occur but have little relevance to the average bp.tf user. Link to comment Share on other sites More sharing options...
AwesomeMcCoolName Posted February 10, 2014 Share Posted February 10, 2014 To the majority of owners of these unusuals the key is enough of a gauge. The only time they will care about irl money is when they are leaving the game in which case it doesn't matter. They are forced to accept the best cash offer or just leave it. Remember, we are talking about the active trade community here. Paypal transactions occur but have little relevance to the average bp.tf user. But there are also a lot of people who don't really understand that tf2 items have actual monetary value. Link to comment Share on other sites More sharing options...
Teeird Posted February 10, 2014 Share Posted February 10, 2014 There has been zero counter proof that there are people willing to pay $.30 per ref. Link to comment Share on other sites More sharing options...
F CHARLIE Posted February 10, 2014 Author Share Posted February 10, 2014 But there are also a lot of people who don't really understand that tf2 items have actual monetary value. What we are talking about here is the logical problem created by the ref/key flippers. We all know that these two currencies had to become justified to each other and that component of trading accomplished the job but it is also separate from non-paypal trading. Ref is used in many transactions. This past smissmiss I moved the value of my pack up 5 - 10 % just by flipping ref based items but that is not what the paypal traders are doing. I assume they are mainly buying keys with the ref and trying to make a small amount during the transaction. Link to comment Share on other sites More sharing options...
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