there goes my fortune...>CS2's latest update has wiped about $1 billion from the skin market cap, down from $6 billion to $5 billion>The crash is due to Valve allowing skin 'trade-ups' for knives and gloves, which flooded supply>https://www.dexerto.com/counter-strike-2/cs2-skin-update-rug-pulls-collectors-as-1-billion-wiped-from-market-cap-3273322/
>>611812292 billions now
>>61181229wait till they offer 5 knifes for 1 rare knife
>video game polygons has a 5x market cap compared to ICPgrim.
>>61181274game is older and has more users
>>61181229did it actually flood supply or are non-financially savvy gamers just assuming it might and panic sold their inventory into an illiquid void?
Who ever thought investing in skins was a smart idea:> Muh investments> Muh market manipulated by chinks laundering money and casinos> Muh getting absolutely raped by fees the minute i want to sell on steam or on a third party exchange> Muh illiquid dog shit where you have to wait until some faggot manages to bargain a 30% discount to actually sell your skins because another guy selling the same item as you is undercutting you all the way to zero just to fuck with you> Scams everywhere so no one can be trusted> Trade restrictions when you transfer skins so you have to wait a decade to sell your illiquid pixels> Trade platform gives you drama and issues when you want to withdraw a large amount> Muh investments> Get wiped out the minute Valve does a 180, calls you a nigger and allows any idiot to own the skins you have at a massive discount because it's a fucking game and not an investment platformYa'll are fucking retarded
>>61181274Even more strange when you play the game and realise it isn't even fun
>>61181229how many ded?
>>61185809some of the former, mostly the latter. most new knives from the update aren't tradeable or marketable yet due to community market trade locks. Actual crash will start exactly 7 days after the update
>>61181229Were there meltdowns here earlier? I didn't realize I should come check so I probably missed some nice meltdowns.
>>61181229Maybe normies will understand why crypto and NFTs are important again.
>>61181229Better than buying chain link i guess.Buy the skinnie dip nerds.
>>61187419>Were there meltdowns here earlier? no.the first ones appeared on /v/, and later on /pol/
>>61181229>there goes my fortune..Stupid idiot hahahhahahaha
>https://clips.twitch.tv/MildSnappyMilkBabyRage-4xVlcenDmYUNzdTKJUST
>>61181229https://youtu.be/EqWRaAF6_WYBased Gaben smashing the brown scammers.
bought the case and skins dip might buy a nice knife gloves combo later
>>61181229Its karma for how the dub of Angel's Egg was handled by GKIDS, NYAV, and Stephanie Sheh in North America. I am a pretty sickly person, and I spent all my time trying to get by 2025 just for this movie and they had to fuck up the dub cast... I know this probaly means nothing to anybody, but I feel the same way as these people. Maybe I shouldn't be to harsh though...
Outside of the knife and glove market, isn't this just panic selling causing crashing? Crates are becoming even rarer due to this and skins will also become even rarer as 10 skins are removed for each Trade Up. Supply will eventually run in to issues.That said, prices are tied to knife and glove prices so I don't expect them to go up to where they were at before this change.
If you had your life savings invested in skins, you deserve to lose your money.Game wise, good for real players, even young ones that can finally afford decent skins and a knife.My $600 knife (that I luckily paid $300 on Skinport) is now worth -60%, but I had some Factory New reds that did a 10x, some even a 20x.I was just using this skins to play, so I don't really care about the value, of course it was nice to had the perception to hold a relatively rare and expensive knife.
>>61186488you don't understand, we've been INVESTING in this for DECADES
>>61181229I’m only down like $750 so nbd. Finally pushed me to trade up the ~2000 blue, purple and pink skins I’ve opened and have been sitting on.
>>61181274Skins are actually being used though
>owner starts buying yachts>company turns into generic evil corpEvery time. Never trust a nigga with a yacht
>>61191919>Post everywhere>Show the world what an absolute mongoloid you are>Game used to be about passion now it's all greed >Cries about moneyTurbocringe
>>61191654Its called illiquid market, can't move bulk quantities without giving huge discounts
