>Sell it all. Today.>But Gabe, if you do this… You’ll kill the market.Who was in the wrong here?Is Valve based or cringe for doing this?
>>723974512>Is Valve based or cringe for doing this?They are forced to do this because of EU laws, like every other time they have stopped doing anti-consumer shit
That's bad?
>speculate on game>devs introduce update that destroys your "investment"Valve did nothing wrong
Is this the ideal console or device for me, who hates Steam, hates PC gaming, hates Valve, hates steam deck and hates Gabe Newell?
>>723974512The only people losing money are third world apes who rely on knife trading to live. Adding supply is pro consumer. Fomo is anti consumer.
>>723974512A lot of the high end knife trading was happening outside of Steam by professional traders so Valve had little zero profit from it. It's way better for them if knifes are cheaper and traded by normal players on the marketplace.
>>723974512dangerously based. beanie babies but niggas fell for it.
>>723974512I'll have a bayonet for 50 bucks thank you very much.
>>723974512Eh, the stock market does this all the time, it's no biggie.
>>723974512>>723974743>>723974823>>723975129
>>723976246Damn shit shit is funny
>Lets not learn our lesson from CS:GOLets watch and be entertained again I suppose
Just sell right now lol It's clearly over.
>>723976246Precisely this.These "virtual assets" were an existential tax/legal risk if they were ever to be appraised at market value. Valve would get hit with major tax liability.Russians and Chinese who had enough assets to be devastated by this just learned a very important lesson about diversification.
I hope the death toll reaches quadruple digits, this is great stuff
Valve probably wanted their players to actually use and play the skins they put in the game and now just pokemon "investors"
>>723974512>Cringe? Jesus anon...>Listen, if you really wanna do this with your life you have to believe you're necessary and you ARE. Gamers wanna play like this with their custom weapons and big fuckin' models and voicepacks they can't even pay for, then you're necessary. The only reason that they all get to continue playing like Global Elites is 'cause we got our fingers on the scales in their favor. I take my hand off and then the whole Steam platform gets really fuckin' fair really fuckin' quickly and nobody actually wants that. They say they do, but they DON'T. They want what we have to give them but they also wanna, you know, play innocent and pretend they have no idea where it came from. Well, that's more hypocrisy than I'm willing to swallow, so fuck 'em. Fuck gamers.
>>723974512>NOOOOOOOOOOO WON'T SOMEONE THINK OF THE POLACKS WHO BUY 10,000 $0.03 SKINS TO DRIVE UP THE PRICE BEFORE SELLING???I can't wait to buy your knives for 1/10th of what you paid for them :)
>>723977418Charmain gabe once said:"Skins are for playing not for speculation"
>>723974512>>723974823>>723976857>>723977418We warned you about Valve Corporation being a criminal but no “they are good guys”. I don’t want to ever hear about them being good at anything.>>723974712No such thing happening, this is your American company and it’s your fault that your American dollar is dying.
>>723978340>we WARNED you, About.... Valve Corporation... being A CRIMINAL!!! But no... "ThEy ArE thE GooD GuYs". I don't EVER! hear about them being good at ANYTHING!
>>723978340Valve has to abide by the laws of the countries they do business in. They'll eventually be forced to take action and actually prevent and crack down on RMT
>>723978340>t. Filipino who spent his life savings ($210.12) on a rust coat field-tested navaja knife
>>723978340youre literally filipino lil bro, thats a whole step down from a jeet
>>723974512Based Fuck these retards
>>723974512>skincels seething good. fuck valve too.
>>723974512>a bunch of colors and textures for weapons in a videogame>"market"play stupid games, win stupid prizes.
>>723978340Cry me a river.
>>723974512Babbies first bubble bursting. I bet they are the same idiots that mined coins and follow ai shit.
>>723974512Do this to TF2 unusuals next. I want to watch the trader main furfag trannies kill themselves over their overpriced halloween-effect miscs plummeting in value.
>>723978820Which one, the EU doesn’t implement laws the country does. Why do you Americans always assume EU is the law.
>>723981415I want to see that too but lets be honest. Its the only reason why the servers are still up. You crash tf2 market and valve has no reason to pretend they care and just pull the plug.
>>723974512>cs2 skin market cap
>>723981643>>723981415TF2 already had that one time where unusuals had 100% drop rate
>>723974512>digital make believe game items have a market capfucking clown worldyou do realize it's just made up bullshit with no backing beyond a database row and a RNG script
>There are three ways to make a living in this business: Be first, be smarter, or cheat. Now, I don't cheat. And although I like to think we have some pretty smart people in this building, it sure is hell of a lot easier just to be first.
>>723981643>just pull the plugthey do that, and TF2 will get community server renaissance, on top of trader furfags killing themselves
>>723978340Only bad guys want digital items to have real world value. Nigger, it's literally just a number in a database. user_id, item_id, quantity
>>723981943the implication in the movie is that the firm is indeed "cheating", and that the CEO is just grandstanding here
>>723981943That quote isn't even accurate. Many cases of being first actually be liability, often it's being second and doing it better than who is in first especially if there's huge efficiency gaps. Really the best position in the market is to be agile enough to pivot to trends while having enough resources to diversify into multiple ideas with competence. Also cheating is for short term gain and almost no one survives with cheating as a strategy over a long enough timespan unless they're equating cheating to "playing the rules to maximum benefit" which is really min/maxing and not cheating at all.
>>723982094They weren't cheating. They were playing by the rules. The rules weren't good.
>>723981992Valve literally supports these things, they are allowing API to be used in gambling sites. They promote them to CSGO users. They have sponsored the company that promotes gambling.They’re not the good guys.
>>723974512>no, not my NFTs!
>>723976857> Microsoft N-Word
>>723982415I don't care. I'm glad "people" lost $1 billion and the world healed just a tiny bit.
>>723974512>You will never sell anything to any of those people ever again.
>>723981992are you broke or do you keep your savings under your mattress? if neither, then the vast majority of your money is just numbers in a database.
kino movie
Its time
Supremely based.Total whale death.
>>723983274Be serious, are you actually going to strawman me and imply that the number in my bank account from a paycheck is the same as a knife skin in a video game which is literally based on arbitrary speculation based on a RND probability? Do I need to state the obvious that money in a bank account can buy stuff with minimal hoops? Do I need to state the obvious that my bank account will be around in 20 years and that digital knife skin likely will not?
the ones ones seething are dumb russoids and thirdies putting their life savings and taking loans from mafia to trade with NFTs
>>723983887>Is Putin still fucking you over? Here's a pressure point. Get Gaben to tank the CS market.
>>723978340stfu tim
>>723984192as expected of our future God Emperor the grand Baron
>>723978340The post that made valveniggers seethe
Im surprised people willing kill themselves over virtual items didnt do anything more drastic against Valve.
>>723985204They are mostly outside of the country.
>>723974512First time seeing a speculatory market bubble pop, anon?Never invest in digital anything, if it's not directly linked to atoms in the universe it has no inherent value and can be easily inflated or shrunk on a moment's notice. All your apes gone 2.0.
>>723974512>Makes pajeets, ruskies and chinks seethe with rage and kill themselvesBased, definitely based
>>723976246
>>723974512>Is Valve based or cringe for doing this?Third world tears are always based.
>>723981992>Only bad guys want digital items to have real world value.Bad guys such as Valve, right?
>>723974512Fuck whales
>>723974512
>>723981497>the EU doesn't implement laws.Yes it does, look up "law of the european union" on wikipedia.
is this gonna tank tf2 prices too? can i finally afford a strange killstreak kritz or am i screwed again
>>723995638>can i finally affordthis is such a stupid question to ask strangers.
>>723974512A "market cap." What even is that? If things are only worth what people speculate they're worth, wouldn't a cap not exist?
>>723995841>this is such a stupid question to ask strangers.ok but actually explain why it's stupid instead of just saying it.
If i was a dev at valve and knew this would happen and bought a shitload of reds beforehand, did i do something illegal?
>>723978340Flipping over the tables of marketeers is always the morally correct thing.
>>723996042If you are poor, then no, no you cannot afford it
>>723996821
>>723995903speculation is based off of current going rates and then general availability. it's not a wild guessing game, but it's also exactly what the name suggests since it's trying to put a value on goods that aren't realized yet. >>723996042it's retarded because strangers aren't going to know what your budget is, let alone how much you want the item.
crashing this marketWITH NO SURVIVORS!
>>723978340how do you even short the steam market
>>723998697>it's retarded because strangers aren't going to know what your budget is, let alone how much you want the item.I dont think its a retarded question lol. I got an A+ in gender studies, so I think my questions are validI was just asking if TF2 prices will actually drop because of the whole CS2 market collapse thing. These items are stupid expensive, and I would love to see it hit like $2 someday. I’m serious, $200 for a weapon is just absurd, and I doubt anyone here on /v/ actually owns one, so other anons calling me ‘poor’ doesn’t really change anything.
>>723978340>valve makes rare skins more accessible to actual players>the only cost is up to 20,000 third worlders hanging themselvesthis is an entirely morally correct thing to do.
>>723974512Based. Fuck artificial scarcity. Fuck untradeable items. Fuck FOMO>t. Dota 2 arcana collector and wouldn't mind them all being sellable
>>723974512Hahahahahahahahahahahahaha
>>723974512Fuck traders.
Is there a post describing what's going on?
>>723974512Whoever made up this bullshit number has no idea what market cap is.
>>723974512Valve doesn't make money on those RMT trades and the existence of it probably creates cyber crime on their platform.
>>723983671see you could have said those things to begin with instead of bringing up a property which is shared with bank accounts
>>723974512Loving the memesAlso impressive how there's a billion dollar market for skins
>>723982415And now Valve is supporting the ability of normal players to obtain skins in a reasonable manner. What's the problem?
>>723982415Ever notice that you only get this whole "good guy/bad guy" angle when someone's trying to paint Nintendo or valve as the bad guys?
>>723974512Welcome to Techno-Feudalism. Enjoy your stay, serf.
>>724006817>"trying" to paint Nintendo as the bad guyslol?
I'm betting dollars to donuts this was valve's plan all along. They've secretly been wanting to curb the trading market without completely destroying it so it can still be used by players who actually play the game while discouraging financial speculators before some government begins to take a hard look at how insane it's become and slams valve with tremendous fines. It's not going to completely scare off speculators but it's already sown seeds of distrust among them, and who knows. Maybe this is just the first of many market updates.
>>723976246https://wiki.teamfortress.com/w/images/6/65/Spy_DominationMedic01.wav
That's what you get for putting all your money on the scarcity of fucking JPEGs
>>723974512>>723977579>>723981943>>723983225Kino thread. I love me some /tv/ & /v/ crossover
>>724006817They committed fraud by stealing patents in the USA, they lied to Australia judges and falsely claimed ownership in German law.Not a single gaming company has ever committed such crimes. You’re in the wrong side when talking about their history with gamers.
Chinese people are dying and you're laughing?!
It's not funny.I am not laughing,
>>723974512>who was in the wrongThe retards treating video game skins like a bank investment
>>724007675>It's not funny.>I am not laughing,
>>723974512why is it cringe? if you "invest" into virtual items it's your own fucking fault.
>>723979759not much different from those green paper slips that become worthless as soon as the government says so
>>723974512I wouldn't be surprised that the US gov/OTAN told Valve to change this because chinks and russies were getting money from this.
I remember gifting an AWP Boom to a friend when it was like 4USD, I just checked and it now costs a gorillion dollaridoos.Video game skins should not be this expensive.
>>724007965That will never happen.
Imagine investing in video game items as 100% of your portfolio. Holy kek
>>724007965If the government collapses your gold is useless too>C-can I have some food? I have gold, you can make a shiny trinket with it!
>there are retards on this planet who sunk a collective $2,000,000,000 into skins for a virtual knife in a videogame that you can mod for free with FPSBanana or ModDB
>>724008438Gold is valuable to any society with electronic technology and cannot be depreciated in value the same way meaningless fiat can. If gold is worth less than food, you aren't even in a functional society at all, you are full blown ooga booga survival mode at that point.
>>724008665If the government collapses that bad I don't think you care about semiconductors anymore
>>724008764Yea if you get to that point the only things that hold value are food, clean water and bullets.
>Here playerbase, you can get the shinier skins by trading up your worthless crap>This is a bad thingRemember when the joy of skins is how they look in game rather than the third world bullshit it turned into for several years?
>>724008909>he doesnt tinker with valuable electronics on his downtime to maybe trade off later for godos in a post-apocalypse setting where survival only matters NGMI
>all the cheaters on CS2 come from China and Russia? I've got an easy solution to that problem.
valve introduces a pro consumer feature on a game that is famous for having a garbage ass inflated market and suddenly is "bad" guy for doing that?Yeah nah, valve is infinitely a better "good guy" than the entire industry combined just by actually having a good purchasing platform with actual features that both consumers and developers use.Imagine a world without steam, >No easy access for the biggest library on the market, no buying extra copies or remaster/remake everytime you buy a new system>No remote play>No workshop>No good costumer support>No good developer support>A ton more useful features that im forgetting that are equally if not more important but are a standard because we had them for yearsJust look at what other developers or gaming companies have done, its a lot, and i mean A LOT worse and at best they can only defend themselves because they make "good" games.I'll take having steam and them being garbage at making/supporting games over the opposite any day of the decade.
>>724009040>implying some random gadget you can solder together in your free time has value to people in a situation that badUnless you can cobble together a fucking radar or something, good luck selling that shit at all.
>>724009089Anon, no one thinks they're the bad guy except for third world speculators that thought they found an easy free money cheat
>>723974512why is a knife skin for a video game so expensive in the first place? just crash it all sir gabe
What were the chinks doing exactly? Taking out loans to buy up rare skins en masse and then hiking their prices to make a profit?
>>724005528From what I've seen>valve changed the trade up mechanic to now have a chance at dropping knives >now people can use cheaper gun skins to potentially get what used to be insanely expensive knife skins
>>724009479>hikingI don't think they were hiking, the prices were just high themselves, they just borrowed money to "invest" in the market
>>723975129Not just beanie babies, virtual beanie babies with value that relies entirely on the whims of game devs. If you have an original first run beanie baby still in its packaging, it'd still be worth something even if their company decided to make more.
>>724009163a signal receiver is one of the easiest things you can make these days, our airwaves are basically a perpetual wavelength of artificial constants now
>>724009828I don't think you need gold for that
> retards made their life savings made up of virutal knives that can only be used in CSGOlol. Get a real job.
>>724006817>trying to lump Nintendo in with ValveNice try, tendie. Steam isn't perfect, but it's infinitely better than your dogshit company. Now fuck off and go have fun paying 70$ for the privilege to play a game you already bought 10 years ago.
unironically what will happen when Satoshi Nakamoto sells his bitcoin
>>724009665so they were just creating artificial demand? are we sure they were (((chinese)))?
>>724010032Poorfag thirdie is mad.
>>724009378>valve adds lootboxes to popular online games>lootboxes contain rare cosmetic items that require a lot of gambling to get>valve adds the ability to freely trade these items between steam accounts >an entire economy forms around whales who pump money into these games to create and sell these items to other whales and normal players who want the prestige associated with owning these rare items>as valve as continuously supported these games over the past decade+ these markets have remained mostly stable and have ballooned into massive enterprises maintained by an entire ecosystem of bots, compulsive gamblers, internet personalities, scammers, and other terminally online individuals.
>>724010128It was chinks and ziggers
>>724010460What is this? Looks hot and fuckable.
>>724010568yingletrat bird
>>723974512>Hoard game items to make up a fake shortage so you can resell the item at high priceGood, fuck them, I only wait for the day valve suddenly pulls the plug on it at random times just to fuck with these rats.
>>724009571I dont see how this is a big deal then.
now that the dust has settled, why did valve do this? did the EU pass any laws that would force them to do this?
I still can't fathom how people are willing to pay real money for a gay rainbow coloured knife in the video game. I remember playing alot of BO2 multiplayer and I saw those DLC skins being blocked and I wondered - why the fuck should I pay for it? At least with regular unlockables you can prove you git gud with that gun, badge of accomplishment, if it's something that costs money you just prove you are uncapable of not wasting your money on senseless shit. I think they should just crash the market completely for the lulz and lave pople who, you know, just play the fucking game.
>>724011425Brah it's just speculation and market. Nobody gives a flying fuck about the game, they just trade the skins and make money. It's like trading stocks or litterally anything has value in the world.
>>724011425if you removed all the skin overnight, the game would die straight away, its absolute dogshit filled with cheaters, even the """pros""" use cheats in corrupt tournaments, its just SHIT
>>724011268chinks got loans for this.They lost they money and now their organs will be harvested.Killing yourself is the smart thing to do so they won't desecrate your body like that exhibit
>>723974512Anyone who buys CS2 skins should be shot in the skull twice.
Blame the retards trying to undercut valve with over hundred thousand dollar deals outside of their platform. Keeping the market in itself was a liability for valve and these greedy fucks were trying to build an economy without giving a cut to the people that own the platform and give their commodities value in the first place. Enjoy the fallout Pajeet.
>this is the only man trying to save the westI KNEEL
>>723978340lol subhuman brown lmaoturd colored hands typed this KEKAROOO
>>723974512>1 billionIt's 2 billion now (-30%) and the real crash starts in a week when all the new trade up knives become tradable.
>>724009247I'm glad his wife and kind found out what a giant fucking loser he was before it was too late.
>>724011268For the average player it's not. For the people that were trying to make money off of the game, it's a catastrophe
Moments like this remind me that "market cap" is completely made up and retarded.Your knife is only 'worth' $2000 if you find one stupid sucker to buy it. Ten of those knives existing does not make them "worth" $20,000 "market cap."
should I buy some cheap knives now or will prices drop even more later?
>>724013101>market caps are speculativeYou are very smart, anon
>>723974512>Who was in the wrong here?People who engage with CS any other way but gameplay.
>>724013259You should consider suicide.
>>724011289Because it not only didn't benefit them to keep the old system but it actually hurt their revenue stream. This was by far the correct decision on Valves part.
>>723974512So we'll finally get knives that aren't $150 minimum? cool
>>724011289Because its the end of harvest month and gaben needs a sacrifice. The souls of thousands of third worlders should be enough for him to prolong his avatar in the world of the living for a few months.
>>723974512>$70 game>$200 useless skins
>>724011289I haven't seen many people mention this, knives (and some expensive gun skins) got way too expensive so people wouldn't sell them through steam market anymore (they get a big cut from that)
>>723974712Nonsense, if that was the case people would've already sold their shit. The market doesn't get caught with pants down if the news were known beforehand
>>723981992That's all money. Only 9 trillion in physical money exists but there's 800 trillion in accounts. Its actually how modern countries started with pretending to get a loan of an amount that didn't exist and paying people like it did.
>>723995903Theyre assumed a value by like items. Market cap means very little anyway for most purposes. Very few people bought stocks or crypto at their highest price.
>So you think we might have put a few gambling sites out of business today. That it's all for naught. You've been doing that every day since 1.6, Sam. And if this is all for naught, then so is everything on Steam. It's just skins; it's made up. Polygons with textures on it so we don't have to get kills to flex on the poors. It's not wrong. And it's certainly no different today than it's ever been. >Forced Steam install for HL2, L4D early sequel, Episode 3 cancelled, paid mods, TF2 100% unusual drop glitch—Jesus, didn't that fucker fuck my inventory up good—Artefact 2.0 op*n b*ta, and whatever we want to call this.
>>724011425You nailed it, everyone who has a gay-ass rainbow knife just means they spent money on the game, it's pathetic.You have to keep in mind this is ALL these "people" have, so many """people""" only have their steam accounts. No occupation, no real hobbies, no social interactions, only their shiny gay ass rainbow knife they had to pay money for.Some """""peoples""""" lives are so pathetic it's hard to fathom.
>>723976246>en masse
>>723974512>>723974512>wakes up one day>crashes the economy of their prized game>pajeets, ruskies, chinks and whales who's life savings depends on CS skins on suicide watchB A S E D ValveHopefully this is the first wave of a bigger tsunami
>>723974512i'm all for brown thirdies losing their pretend dollars on video game pixels
>>723974512margin call is a great film
>>723974512i don't get it, how can money "disappear"?
>>724016517You know how certain paintings by Picasso, Rembrandt, Van Gogh, etc. are valuable because they are one-of-a-kind? Now imagine if every random person in the world that had any kind of painting was able to trade in a few of their completely unknown shitty paintings, to be able to magically get a Picasso, Rembrandt, Van Gogh, etc. painting.Suddenly the value of those paintings will drastically go down.
>>724009089>>724009247We had gamespy and other platforms. Steam was not the first gaming site to sell digital content. We would still be playing the exact same games.Remote play exists before Steam.Mods existing before Steam is old has cheating.There is no such thing as good customer support or developers support. You’re lying about this part. Indie developers don’t get percentages cut because they can’t reached 1 million sells. People get VAT banned without warning, support doesn’t help.You’re in the wrong situation here, newfag.
>>724015510What's with this retarded ESL babble regarding this situation?En Masse is an actual saying.
>>724016079Yes, it is.Far better than The Big Short which is trying way too fucking hard to be cool.
>>724010460This effects brownoids and scammers (indians) the most so I think it's very funny!!!
>>724016517It wasn't actually money. It was potential money. Thing was worth x, now it's worth y. To anyone who had thing they potentially lost x - y in money.
>>724017031>There is no such thing as good customer supportNot the guy you are arguing with, but every single time I have had any issues with anything Steam/Valve related, they had shit fixed within 1-2 days.
>>723974512Valve should've just made all skins purchasable.1$ for a bundle of blues.1$ for 1 purple3-5$ for 1 red5-10$ for knives and gloves.Yeah, infinite supply of skins because its 1s and 0s - why gate them behind trading and artificial scarcity?
>>723974743Pretty much this./thread
Do this mean all my $10 crates are going to skyrocket?
>>723978340SAAAAR BRING MORE INDIA TO US!! IT IS ONLY WAY TO SAVE US
>>723974512vendors lose but the customers win. Pretty much every single kike wannabe got punished today and normal people can simply sit back and laugh.
>>723978340SAAR BLOODY BASTARD YOUR DOLLAR NOT GOOD LIKE MY INDIA COWSHIT COIN SAAR
>>723974512oh no?!
>>724017221It is pretty funny
>>724011289>>724014102That, but specifically there's a price cap on the steam market which off-site valuations exceeded by orders of magnitude. Since they don't get a cut from external transactions, it's better for them if valuations trend towards what their infrastructure allows for.
Cringe.I was looking to buy a nice red AWP skin for $50, now it's around $200.
CIA wins again. $2 billion less dollaroos for the Ruzzians
>>724017143He's an american EZL
>>724009089>>724017031valve:>lets you buy the items from other players if you dont want to gamble or missed an event>gabe's whole motto is "piracy is a service problem", steam exists as a solution to the 'service problem' by being the best option from any angle>provides a free built in mod database for devs that want their games to be modded>provides free built in reviews that require you to at the very least own the game>provides a built inventory for if you want a secure way for players to hold items>provides a free trading system for said items>provides free built in forums>provides free API keys if you wanna fuck around and make your own framework to interface with inventories, games, or players.>provides countless other things, most for freeother companies:>dont do any of thatwonder who the bad guy is...
>Russians and Chinese are affected the most>Russians and Chinese are those who have multiple thousands of dollars worth of CS2 skinsholy shit there are a lot of retards on /v/
>>723974512SOMEBODY STOP THIS, THIS IS LITERALLY COMMUNISM!@DonaldTrump @CIA @FBI @Mom
>>724019856... are you saying that the people with thousands of dollars worth of skins arent impacted the most by a change that's turned the market completely on its head?
>>724020064Most Russians don't trade high value skins desu. They're too rare and expensive. If you're lucky enough to get one you will immideadly sell it.
>>724020064yeah, guess it's time to move to Russia, since I can't afford to have so many skins in Germany with an engineer's wage
>>724015362I only have my steam account at 26 but I proudly accumulate hours and some cheevos in factory and strategy games. I only put like 300 hours into CS over my life and dropped CSGO when they nerfed the deagle. Why do people bet on CS skins when CSGO was superior? Just buy options or futures ffs.
>>724020273anon i would like to remind you that most of the russians/chinks in question invested their life savings into this crap.
>>724020418and I'd like to remind you that you are a moron
Are they ever going to make the gameplay as good as CSGO? Who the hell cares about skins.
>>724020531uh huh. so im a moron for thinking that the person who's invested his life savings into vidya skins is less impacted than someone that just buys them.
>>723974512fucking based.I hope they all die.
>EU is going to enforce minor digital gambling law next year>TF2 and CS2 (((economy))) goes down with itFinally
>>723974512This will hurt their bottom line ultimately but a good move by ValveGambling addicts BTFO
>>724020418>>724020603How about you open 2ch CS2 thread and see it yourself instead of believing /vpol/ anecdotes?
>>723978340watching 5'2" chinese men kills themselves isn't evil anon
>>724020575>random first shotCSGO was the worst.
>>724020774hasnt the EU been trying to enforce gambling laws for decades?
>>724020774>EUkek thinks he's important
>>724021101Only France and another irrelevant EU country so far.Now it's a sweeping change
>>724021269so in other words its just another case of the gubberment trying to tell people what they can or cant do with their own money.grand.
>>723974512>Is Valve based or cringe for doing this?Based. Doing a balance change you think is good regardless of how it effects the economics of your gay trading community is how it should be handled.Devs should make decisions like this for normal players, not for trade autists.This is a massive quality of life for the normal player who isn't a retarded spendie.
>>724021332As long as it benefits me, I do not care about who and why they do it
>>724021509it hurts you in the long run because its government overreach. they wont stop at gambling.
>>724021580Who cares what you think. You won't do shit even if they do.
Why didn't these 3rd world retards just buy NVDA and AMD like a normal gaymer that wants to inveeest>my poor ass up $4k on the monthAYYYYYMD Chads stay winning
>>724021853>even if-when, anon. not if. when.
>bunch of degenerate collectors and gambling addicts had their day ruined>some killing themselves>all because of pixels on a screenGreat day to actually play the game
>>724022092I saw the writing on the wall when every single VC retard was junping ship to AIGot so much gains from that especially when I cashed on out the crypto pump and dumps back during the coof
>>724007965>muh fiatBacked by force, retard.
>>723974512THEY STOLE MY APES ODO
>>724020774you know it could explain that one Source2 .TF file they found that was leaked. >Valve DMCA TF2:S2>File found and tooled to port assets seamlessly>EU law>This years pool of hats were noticeably much smaller in the crate.>MVM update coming soon.hmm what an interesting set of coincidences
IT FEELS GOOD
>>724007965Fiat currency is backed by artillery hellfire plus America is stupidly defensible.
>>723974512I doubt Gabe has any idea about what's going on with Steam these days.
How hard is the CS2 player count going to drop?
>>724022765qrd on what was actually in the file?
>>724022881>casual playerbase pandered to>traders cucked>cases still importantBarely touched
>>7240228810
>>724022896heres a video on it nothin set in stone obviously but Volvo is on demon time with how secretive they are.https://www.youtube.com/watch?v=l3it6dM3e58theres also Mcvickers bullshit but I know better then to give him views.
>>724023013A lot of competitive twitch stream only gets a lot of traffic because a lot of turd worlders want the rewards.
what *actually* happened thowhat changes did they make
>>723974512I don't care because I am not invested in any of this, and the people this hurts should have invested better
>>724009247manchildren investing in shitcoins, imagine if he was a real adult who looks at life realistically, and just goes, "wow" and then goes about his day
>>724023413You can craft the most expansive knife skins. Those ones that cost $1500+But at the same time the price of shit red skins skyrocket
>>724023413some things that were only available through low chance rng are now also available though "trade ups" which is mechanic where you trash several unwanted items to get something new
>>724023413>knife and glove skins are the "uberfuckrare" drops from cases>'red' quality skins are one tier below that.>for many years hoarders have been fucking over the trading supply for knife/glove skins, bloating their values to the extreme.>valve introduced a mechanic where you can exchange 5 red quality skins for 1 knife/glove skin
>>724008438>Well I actually have some extra food and have been really bored just surviving. So yes, I will trade you some food for your shiny trinket.Anon, you didn't think that through at all. Gold has been used as currency since the beginning of time. It's written in to human DNA to value it. It will always be valued.
why are thirdies so prone to gambling
>>723978340I'm literally cheering for your impoverishment. And I know millions of other people are happy with the change. Get fucked.
>>723974512Everyone who invests in game markets needs execution.
>>724024503when there is little to loose, there is more to gain.
>>724024503>thirdies did this!>thirdies are renting free in my head!
>>724024715Is he wrong?
Based as fuck. Got a lot cool items for cheap today
>>724024503You've got the causality backwards, they are thirdies because they are prone to dysfunctional behavior. If they weren't then their countries would be nice.
>>724025414wait until a week from now when all the tradeup knives are marketable
But why do steam drones celebrate this? You niggers defended this gay drm store and gambling lootbox economy to death and now you pretend it's based because some rich trade fags (most of them english speaking jewtubers/gambling site owners let's be honest) possibly lost money?The jewish lootbox system is still there, in fact valve only did this to boost their profits by making retards buy keys.
I think /v/ just calls everything it doesn't like thirdies. According to them bad things = thirdies. Based jewish valve did something jewish? BASED. Probably only thirdies (Evil) would hate valve.
>Number one rule of Counter Strike Skin Trading.>Nobody.... I don't care if you are, anomally, CS lotto... Nobody...knows if the skin value is going to up, down, sideways or in fucking circles. Least of all traders, right?>Mhm>It's all a scam. You know what a scam is?>Uh. Speculation. It's fake. >Speculation, scam, it's a whazy, it's a woozy, it's..... fucking 2d pixels. it doesn't exist. It's never landed. It is no matter. It's not on the fucking elemental chart. It's not fucking real, right?>Right.>We didn't trade shit. We don't earn anything.>No.>So if you got a sucker who bought a knife at 600 bucks. And it now sits at 1k bucks, he's all fucking happy. He wants to cash in, liquidate, take his fucking money and run. You don't let him do that.
>>724026342Because even though it's still evil, it is still a lesser evil>Can realistically trade your way up to good shit>No longer needing to go through Shlomo/Chang/Ivan to get it without the RNG system>I get to continue what I do: Play the game while said Shlomo/Ivans/Changs start killing themselves.
>>723976246Shouldve bought gold instead of a digital knife you stupid bastards
>>723974512>>723974823This really makes me wonder just how many third worlders make a living off of the internet. It also makes me wonder what would happen if every country made it's own Great Firewall and the western countries just allowed access to each others Internet sites via economic treaties. How fast would Third World countries collapse if they didn't have access to western internet? How many shitty mobile games would go away if third worlders couldn't publish them? How much online fraud would decrease when third worlders can't casually try to phish the west? How many bots would vanish if China and Russia just lost access to the western internet?
>>723978340GET THE FUCK OUT SPECULATORTHE POWER OF CHRIST COMPELS YOU
Ladies and Chuds, today gaming was savedA toast, to gamers!
a lot of people died today, hope someone sue valve
>>724026464the truth is way worse. it's cargo cult eastern EU retards who will celebrate their own house burning down, if there was even one [whatever current propaganda tells them to hate] injured in the process
>>724026342Based Aquaposter
Okay but how is this effecting the TF2 hat market?
>>724028067Most of the people that died were russians and chinks
>>723978340>fuck you American I gladly fuck off and take our services with me. Good luck surviving on your own country's economy
Makes browns turbo upset so it's gigabased
>>724029490So far yet to see even one Russian dead from this. I guess top shelf white men immune to these types of hysterical outbursts.
>>724029776>>724029490Most russians are poor white dudes that have no chance of investing deep into this lmaoIts the chinks that are utterly bumfucked
>>723974512Steam is an economy, and my only regret is not getting on it sooner.
>>724029897you're just making shit up
>>724009247Why don't these people invest in actual stocks instead? At least those involve actual industries markets instead of the play pretend schoolyards formed by pump and dump con artists?
>>724030189Because they got memed
>people losing money they technically didn't have in the first placehow much is a case/key? my guess its not a couple thousand like most knivesi just see entitled gambletards bawwing because they want to gain more profits than they are
>>724019336>Valve manufactures false scarcity of non-scarce items and then manufactures a marketplace for trading said artificially scarce items and takes a portion of the money from every saleThis is not and has never been a good thing, you fucking idiot. It's just Valve printing free money for themselves
Valve is overall cringe for polluting their games with tradefaggotry lootbox shit but I'm still enjoying the show.
>>724030189>actual industries markets instead of the play pretend schoolyards formed by pump and dump con artistsThis describes basically all major areas of investment, especially stocks.
>>724030515Too blatant. 3/10.
>>724030515>>724009247I'm an evil person, I wan to believe this is true
>>723974512>"I am going to pretend this picture of a knife is worth ten thousand dollars">"NOOOOOOOOOO YOU CAN'T MAKE MORE THAT MEANS I CAN'T PRETEND ANYMORE YOU LITERALLY ROBBED ME OF ALL MY MONEY AAAAAAAAAAAAAA"
>>724030515I really hope Gaben and Loop Giraffe and all the other big dogs at Valve are reading shit like this with a bucket of popcorn and just laughing
>>723974512Shitting on retards playing with monopoly money is always based. Get a real fucking job.
>You have any idea what you just did?>You just bet against the CS economy>Which means...which means...if we're right...if we're right....>People lose homes>People lose jobs>People lose retirement savings>People lose pensions>You know what I hate about fucking CS Skin trading? >It reduces people to numbers
I will never understand people who decide to throw all of their cash into virtual casino bullshit. Video game markets, online betting, NFTs, whatever the fuck. Imagine losing your 401k because you got duped by a paid endorsement on Instagram reels.
>>724031102The stupid thing is that if they cashed out a week ago they would have been geniuses
>>724030991Is that from The Big Short?
>>724009089the expected value from cases is now about half of what it was before the update, so people will stop opening them at the record numbers they have been. valve just shot their own dick off, which makes me wonder if they knew they couldn't put their anticheat update off any longer and knew that mass banning all the cheaters would leave them with only a few thousand players.
>>724030991>b-but you made us millions, right?>yeah>aight, later
>>724030189It's the same thing as when those shitheads were buying out amiibo and fucking anything remotely limited a few years ago. It's just a bunch of cowards too afraid to get involved with actual stocks so they just do this babby ass shit with children's toys instead.
>>724031328It's just weird to me how big gambling/speculation has gotten lately. Maybe it's just me but I do not remember seeing this many ads for sports betting, hypebeasts shilling for blackjack apps, shitcoins backed by celebrities, videos of grown men getting into fights over pokemon cards, or mass investments in video game skins even 5 years ago. I knew the economy was fucked but I didn't know it was this bad.
>>724027275unironically it would be betterbut also censorship abound sooo
>>724009378It's a one in a few hundred chance to just pull a gold, and of those golds, only a small percentage are a good float, a desirable type, and a good color. Each attempt at a good pull is at least three dollars, so it's about a one thousand dollar investment to pull a knife, and if you pull a shit knife you're now doubly fucked. The ror of cases was already dogshit. This update halved that dogshit return rate. This will barely affect things like butterfly gems, but things like rust coat gut knives will be cheap as fuck. So people will probably open a lot less cases because of this.
>>724031683sports betting won a big court case in 2018https://en.wikipedia.org/wiki/Murphy_v._National_Collegiate_Athletic_Association
>>724030454>valve is the one trading to hoard items, not the third world traders hoarding itemswhat?
>>723982094They weren't cheating, they were selling spoiled milk at a rate of which good milk is sold before the others figured out that the entire batch of milk indutry-wide is indeed spoiled and has to be recalled.
>>724031683Speculative markets is the death of a hobby. It happened to CCGs, it'll happen to anything.
Chinese authorities have always wanted to shut them down, but sneaky traders always find a loophole in it
>>724030189my sweet summer child, look up The Onion Futures Act
I dont understand how this market ballooned to 6bLike was 2020 really that much of a shift
>>724032446china started playing cs and liked trading. one of the biggest third party trade platforms, buff, is chinese.
bruhhh
>>724031937They make some skins rare to get retards to pay for a chance (gamble) to get the so called "rare" items, duh.
>>724032637>valve: here's a case. if you open it you're probably going to get jack shit, but there's a very rare chance you'll get something good>AAAAAAAAAAAAHHHHHHHHH I NEED TO GAMBLE!!!>AAAAAAAAAAAAAAAAA I GOT JACK SHIT THIS IS VALVE'S FAULT!!!!sounds like a problem on your end honestly.if you dont want to gamble you dont have to. there are plenty of people that want to gamble that'll get the items for you.
>>724032583Why the fuck did it cost almost 5k to begin with?
>>724032778because it was extremely rare and chinks were pouring their lifte savings in to keep it pumping. the actual top was $6k btw
>"Don't beat yourself too much about this stuff, alright? Some people just like playing CS, who the fuck knows, right?
>>724032583its only going further down as more get rollednone of these will be more than 1k within a month
>>724032929this next month will be ugly, but the market will go back up. maybe not to ath like it was, but once the glut of reds gets burned through, the value of good knives like butterfly gems will go back up. probably a good time to buy next week when the new knives come off trade hold.
If you put your entire life into speculative investments and gambling over some goddamn textures, you deserve the fall, you just were never clever enough to realize it was inevitable.
>>724031683not to mention how bad any kind of collecting (cards, vidya, probably even funko pops) has gotten just in the past few years, and the shadow/meme marketing that gambling and online casino companies will do. seriously once you start noticing how many times the stake watermark shows up or someone's wearing a jacket or a hat from them in a viral video (also full of ai comments) it doesn't get any better
>>724032778Because in this monopoly market, people equated "rare cosmetic drop" with "graded new factory sealed copy of Rule of Rose"
>>723974512Nothing was erased. All that "money" was based on speculation.
>>724031683>>724033125You sound like a soccer mom.
>>724030550>a single knife costs 15k AFTER the crashi genuinely dont understand how these people thought that their 'investments' were a good idea. a whole two cosmetic slots were completely locked to whales because of hoarders exploiting the trade system to make a real life profit rather than use it for its intended purpose, "hey thats a cool item i want to use it in game!"yeah no fucking shit valve's going to find a way to let more players use those cosmetic slots.
>>724032739I think both sides should suffer for good measure, both the casino and the gambling addicts.
>>723974512Based Gabe dabbed on them jews without any repercussions, you don't realize how of a king shit this is.
Valve doesn't make money off of huge trades since they happen on third party sites and not with a steam wallet. Why would valve care one bit?
>>724033085the glut of reds is never getting burned out. the midwits are spreading that info to cope. shit ton of reds are still being unboxed as we speak.
>trade-ups rely on a finite resource that will always cost the same per unit as buying a lottery ticket for gloves/knifeBuy the dip. This isnt a TF2 situation where you can bot for free items to craft metal to eventually get hats or weapons.
>>724033392Because in the speculative market, what they invested in doesn't really matter because it's nothing but a tool of temporary wealth storage. And tbf, digital goods are better for their stupid games because it doesn't cost too much energy and don't compete with actual useful goods, unlike real goods with real needs like real estate.
>>724033706never? sheeit, most reds are too valuable to trade up with, and only things like the starlight protector and the cz were worth trading in, and it's good they're being burned up.
Won't someone think of the poor Russian millionaires who are manipulating foreign global politics?
>>723978340speculating isn't a livingspeculating doesn't provide society valueget a real job and get in the cageeven only fans thots provide more value than csgo skin speculators TOPKEK
to be fair, valve probably thought skin trading could be used to like, afford games and shit, not this hyper speculative bs.
>>723974743
>>723976246>that cs2 discord market admin that called all the staff into discord for an emergency meeting, then when everyone was watching, blew his brains outLMAO
>>724034035>posting a mutt when its third worlders sufferingretard.
>>724031683So many people are looking for an easy way out in this clown world. Can you blame them? Unless you are fortunate to be happy while humble yet intelligent + skilled enough to make plenty money you unironically need to be born rich to be happy. There's way too much vices and professional ads making so many people miserable if they're not keeping up with all the meaningless brands and fomo
>>723978340>Valve le ebil because my make beleive market crashedCall me when they're sexually harassing their co-workers and letting 'em get away with it ala Blizzard, THEN we can actually talk.
>>724034049Grim
>marketYou mean Russian mafia money laundering and Chinese financial manipulation
>>724034087>third worlders>buying $4000 skins
>>724034179The money is gaseous, and it just evaporated.
>>724034049It's a fake story.
>>724034179if there's one thing that third worlders have its time, and if there's a thing they dont have its anything better to do.most probably started with a few shitty 4-5 cent skins and traded their way up to the big shit.
>>724019336Not really a feature, gifting system has always been a thing.You don’t own the games and created a new problem, they are unwilling to solve that problem.Their mods don’t allow for nude characters, cheat code, world editor, etc. Steam mods are restricted and lame compared to Banana or Nexus.Reviews aren’t a feature when everyone has it or can look online. Inventory on Steam is pointless, if game is online (The Crew), the game is unplayable. Trading system is abused, they don’t care. Remember that Banana game, now it’s trading is worthless. Those “forums” are barely used at all. Anyone who talks bad gets banned from their forums. Steam support won’t unban you even if you are right. Steam keys are still only available in Steam. You never own the game or be allowed to play the game without Steam Client.You aren’t looking at their platform with correct logic. You literally are just intentionally not stating facts about their awful product.
>>723976246I wasn't laughing before, but now I do.
>>724034179Correct. Most likely one of your brothers rajeesh
>>724034087Mutts live in a third world country though.
>>724026953Gambling is bad anon, higher numbers don’t mean you get better results. You can still lose, you are buying the equivalent of cartoon girls in mobile games. You have a gambling problem.
I buy hats in tf2 to wear them and make sets outta them. Did these fags even use the knives that they spend thousands on. Also does any remember Tmartin for doing this shit?
>>723974512It's entirely insane to me that there was a $6B market based on fucking video game cosmetics. What in the actual fuck? I have no idea what this market is like but speculating on fucking video game cosmetics just conjures up an image of scammers attempting to prey on retards with too much money.
The anxiety has to be insane. Like, do you still hold onto your skins on the slim chance it bounces back? Are the people claiming it'll bounce back just stalling so they can sell their shit and leave you holding the bags? Do you bail now? kys?I'm glad I never got into gambling. I don't think my heart could take it.
>>724034308Third worlders are boogieman for mutts. You can check our 2ch threads. Arabs and chinks are the ones who buy expensive skins. >>724034552>Most likely one of your brothers rajeeshI don't have brothers in Sweden.
i'm not south american, balkan, or russian, so i don't treat my steam inventory as my savings and future. so no, i don't really care, and i'm glad valve made knives slightly easier to get for those that really care about the cosmetic side of things (for whatever reason) instead of treating a knife like a share of nvidia
>read reddit>"Wow I'm so happy the knife market crashed, now average people can get them">read 4chan>"Wow I'm so happy the knife market crashed, now average people can get them"
>>724034720If anything this is just the beginning, trade ban comes off the newly crafted knives next week.
I am legitimately surprised so many people are praising Valve for this.How?
>>724034740>everybody hates retarded faggots inflating a skin market to extremely dumb proportionswho would've thought
>>724034720They will bounce back. Red skins are now in high demand.
>>724034818the crabs at the bottom of the bucket can finally reach the ones near the top
>>724034818See >>724034740people fucking hated skincels and traders that treated skins like cryptolike sure rare pattern skins were funny but not when some of these things were overvalued at 5 digit pricesthis was a long time coming and valbe pulling the trigger in the funniest way possible was good
>>724029523>American dollar is weaker than EuroYou just became 3rd worlder, this is what you voted for.
>>724034818I want to see the dregs of society suffer
>>724034906>people fucking hated skincels and traders that treated skins like cryptoyou mean thirdie shit skin commies hating on capitalism
>>724033805You are missing the part where prices are permanently down because a chunk of people with deep pockets are moving their money to invest somewhere else
>>723982415>Good guys>Bad guysListen to yourself. You’re a bloody child.
>>724034818If you play cs then you love that skins are cheaper any you can actually get one now
>>724034818There is nothing I enjoy more in life than people wasting obscene amounts of money on infinite, fake, virtual goods thinking its an "investment".I know we've long since moved past the gold standard, and everything is just fake speculative money, but this is going a step beyond and i'm glad they're getting bit over it.
>>724035023they're cashing out before the trade ban is up next week, and knife prices basically bottom out. we might see 20 dollar knives and gloves.
>>724035019Browns are the ones that were obsessed with it the most lmao
>>724026342based valve's gay drm store and gambling lootbox economy are great, the separate non-valve gambling site economy that bypassed based valve's controls getting fucked over is also great. hth
>>724035156price check an awp gungnir. can I buy one yet? oh wait.
>>723976246But i thought russians and chinese were poor? How can they afford skins?
>>724034818Schadenfreude and crab mentality Remember this is the same board that calls everyone brown, jeet, thridie, poor yet cries about $70 video games, difficulty in casual games, tariffs, GPU prices, rent, shit salary, can't afford good PC and will kill for $10.
>>723974512Demi Moore was fucking hot here considering she's a hag
>>723974512YFW you never fell for the digital item scam
>>724035320see >>724034308
>>724035019you could have invested in real stock market if your country wasn't sanctioned
>>724034818>just wanted to collect skins in muh video game>3rd world retards turned a fucking games cosmetics into a fucking MFT crypto side hustleI just wanted to trade shit with my friends, not look at a dudes skin and him saying "it's yours for $1.2 million dollars".
>>724034906go and pull a butterfly gem naturally. open cases until you get one. sell all the skins you get along the way. you will pay 10x the price they were at before you get one.
>>724030515kids get bigger scrapes playing outside
>>724035023You do understand that these trade-ups require cases, right? And cases are a finite resource? Cases from a particular collection do not drop forever, they gradually raise in price as they get older, stop dropping and get opened. Cases will be opened to obtain weapon skins because these various knives and gloves belong to "collections" unique to those cases. Observe:https://steamcommunity.com/sharedfiles/filedetails/?id=2075918027This is all a massive scheme by Valve to make people open as many cases as possible, putting money into SCM, and draining the case reserves that were stagnant in value due to their trade-up contents being mediocre. Now that every case has a new trade-up value tied to it in the form of knives and gloves, this is going to move a lot of money.
>>723981415haha that couldn't even happen when unusuals were 100% keep crying poorfag
It's absolutely fucking retarded any of this shit was is or will be worth even a fraction of a fucking penny.
>>724034613Hey, I ain't buying shit, I'm just saying those that do now have a better avenue than buying from undesirable gamblers.
>>724034818>more skins for people playingHow is it bad?
Realistically, this is Valve mad that people have set up systems to purchase/gamble skins outside of their own system. But also Realistically, this is funny as fuck and people who say these skins as "investments" instead of vidya skins deserve it.
>>724035418>3rd world did thisRemember you're the one who buys my skins for $99999. Muh 3rdies did this uuuuu. Bitch you want expensive skin because it is expensive. You can't hide it. It's human nature. It's grape you can't take because you're fucking poor. Just imagine first world clown with $200000 per year who can't buy shitty $1000 skin in his favorite game. If in some parallel Gabe didn't FUCK with my market if I gave you $2000 you would immideadly sell it for real money. Or your friends you trade with would sell it. Because you're poor. The bottom of pyramid. While my clients, the whales are successful people who respect their hobbies.
>>723974512"$1 Billion" nigga, just overlay a different color on the knife lol
>>724007626Me GabeN, Me play joke, Me flood market, Make you broke
>>724030515>nigga spergs out and destroys his TV>has a wife and family>nice house>clearly makes enoughhe is the arbiter of his own problems. fucking retard.
>>723974835Also a huge dig at gamble sites, deterring it by a lot. Kinda funny it took them this long to just go "lets make the items cheaper"
>>724035116They made you sign a contract that didn’t allow you to file for lawsuit. If you didn’t sign it you were never playing those exclusive games that are only available in Steam. Valve Corporation also says in the rules they can delete your account for any reason, doesn’t matter how much money you spend, it’s gone.You can’t see how that’s bad for gaming? You shouldn’t be defending them.
>>723976246Strangely enough, checking the review ratings in the last 2 days by language, the whining does extend beyond the chinks and the ziggers.There is also the poles, germans, czechs, hungarians, danes, koreans, thais who have review scores at mixed. Also the chinks seems to be raging more in traditional chinese than in simplified chinese, for whatever reason.Noticeable absent from the list are the braziggers.Anyway, lol at those faggots.
>>724036082You've been tricked into believing pixels on a screen have value.
>Current year+9>Buying anything digital that is controlled by a primary source exclusivelyShiggy diggy doo
>dumbfucks UNIRONICALLY thought their pixels of knives were some kind of investment
>>724036224They changed that, you can sue them now.
>>724036082>thirdie fails to comprehend the concept of supply and demand driving priceslol.people want the rare items because they are rare, the high prices are a response to that.
>>724036175but those same sites basically support the pro scene. this is basically the maoist extermination of the birds, and they'll see the fallout later.
>>724034818Schadenfreude babyTHE SCHADENFREUDE IS REALI REPEAT THE ONE PIECE I MEAN SCHADENFREUDE IS REALWAHAHAHAHAHAHAHAHA
>>724034818the entire skinconomy system was designed for saudi oil princes in mind and no one else.
>>724036314>You'veI'm the one who SELLS them. YOU'RE buying them or crying about prices. The demand comes from the first world.>>724036405>supply and demand driving pricesOMG This is shocking! How does it affect my post you ESL?
>>723976246You weren't exaggerating.
>>724036761Truly an hero.
>>724036761It's so over.
>>724036761
>>724036406more like ny cracking down on the mafia's totally legitimate businesses, it frees up space for genuine businesses to take over
>>724036761update? CSGO is an hero shooter now?
valuation does not equal real money
>>724036736your post says that people want expensive items because they are expensive.you're completely ignoring the idea of WHY they're expensive in the first place.
>>724036918This is true.Just look at when CISCO was valuated less than its' net profit in a quarter.
>>724036082Holy ESL babble
>>724036736So why are you crying then?
>>724036406Mao was right about landlords
>>724036907yeshttps://youtu.be/jV5lo-lgqSw?si=VZpeWgFYpA_eAp7G
>>724036761tidus_laugh.mp4
>>724036947People want to show off with something expensive. See synthetic diamonds vs natural diamonds. Both are not rare. There is no difference between them but one is expensive other is cheap. Cheap is for poors. >>724037015>cryingI'm communication with you, ESLbro.
>>723974512I hope /v/ stocked up on popcorn this weekend.
>>724033392they bought in for pennies on the dollar stillit hasnt even reached 2019 market capand it probably wont
>>724037390i've not seen a single real person that cares about the difference between synthetic or natural.
>>724030991great movie
>NOOOOOOOO MY MONEY LAUNDERING AND ILLEGAL GAMBLING AAAAAAAAAAAA
Valve lied. Brown people died.
>>723974512kekKEKYPOW even
Nobody told these fags to treat video game skins as a speculative asset. Nobody told them to invest their life savings into this speculative asset. Nobody gave them a guarantee that their life savings put in this speculative asset couldn't possibly implode in a heartbeat, and nobody told them to kill themselves when they lost it all. This is "you made your bed now lie in it" at its most pure.
>>724037469Because you're not rich. Though watch some video about entire diamond market history and De Beers. Pretty infesting.
>>724037721are you talking "yeah i can say i've got a million to my name" rich or "UGH 5 BILLION ISNT ENOUGH I NEED MORE!" rich?
WHO would have thought that taking loans to invest in pixels in a completely unregulated grey market for a game you don't even play because the effort to profit from it means you wouldnt have any free time anyways would go completely parabolic on your stupid assoh yeah, everyone.
>>724035157It isn't infinite. Cases are now dropped for playing a certain number of hours per week, so essentially mined.
>>724036901who advertises to vidya watchers? only gambling sites would want to.
>>724036907
>>724036082>Remember you're the one who buys my skins for $99999Not anymore.
>>724036907joke thief
>>724037846How does valve ensure that nobody in the company prints a couple of these insanely priced skins for themselves? I bet 99% of people in charge of these databases for all these live service games could do it and get away
>>723974512>market capif there was actually that much money willing to move on 'stock' that was available, then it wouldn't matter when the stock was doubled, the same amount of $$ would be chasing the supplyPer stock values would drop, but the market cap wouldn't budgegiven the 'market cap' did budge...
>>724036082Okay Chong, calm down now. There's no need to jump off that ledge.
>>724036907CARLOS
>>723975227This is the only way I view this situation. It's just an opportunity you should take because I highly doubt stuff will be this cheap ever again. The "market" Is already trying to recover, so why not buy something you can sell at a profit and get some free steam games? Also, It's funny that these retards are getting so upset over fake items In a video game.
>>724037948Now that hurts.
>>724037971The skins are probably just handed out to the people who work on the game. No loot box or whatever l required.
>>724038113*is required.
Come on, Jagex. It's your turn to do something really funny next.
>>723974712Why is the EU so gay and silly? Why is America the only one who cares about freedom? The enlightenment was born over there yet they fuck it up
>>724038182Aren’t those party hats bound to your account? I had 2 back in the day.
>>724037846It is infinite. It's a fucking digital texture.The limitation is arbitrary, not defined by any actual work or effort.
oy vey
>I focus on the thirdies, ya know?>Once they find they're getting a skin, they sign where you tell them to sign >Don't ask questions>Don't understand the rates
>>724038182Now this is devilish. Don't kill Venezuelians.
>>724038242It could be if valve willed it to be so, but so far we have seen no indication that they're doing that.>>724037971they might be, but there is no indication that is happening. People track high value skins and where they came from. You can see a chain of custody for an item.
>>724037672>>724037716kekaroonino offense pretty much this. Doing this as a side hustle or when you cant do ANY kind of work to put cash into your pocket is one thing but ONCE AGAIN, (first being the bit coin mining situation) purely completely rely on ANYTHING virtual to make cash as a 'job' is dumb.
>>724024503Be for real dude, I watch football and they've been spamming this shit and don't give me that BS about how the predictive markets you have trump jr. shilling isn't gambling either
>>724038530Yeah side hustle for some beer money or just having fun opening crates with friends is fine. But trying to make a living off this degeneracy? Nah you're not contributing jack shit to society so I'm glad these types of people get buttfucked. And from reading forum posts about the top percentile skin owners they are all just scammers scamming their way to the top.
>>724036082calm down, nguyen
>>724038669you're shitting on these people making peanuts while chowing down on food products that have been bought and sold thousands of times between the farm it was grown on and when it enters your mouth. those faggots make thousands of times more per year but you're butthurt over people having nicer digital items than you.
>>724024503You have 1 lifeYou already start that 1 life wrong by being born in a shitholeSo gambling and winning big is the only quick+easy way outHonestly social media should be banned from 3rd world countries (1st world too but that's another story). It just harms the youth and it makes the remaining citizens even more desperate and deranged seeing how their life could have been if they were born a rich trust fund kid
>>723974743>>724017523based
>>724038669>Nah you're not contributing jack shit to societyImagine caring about your contribution to society. Are you some sort of chuunibyou? Your life and votes don't matter. If you die right now your no one would miss or notice your contribution to society. Wake up wagie. You got tricked.
>>724038801Calm down and put the fries in the bag, nguyen.
>>724038801And who's the one losing all their live saving on digital knives? Not me.
[SAD NEWS] REPORTS SAY AT LEAST 15 CHINESE HAVE KILLED THEMSELVES OVER THIS UPDATE
>>724039061
>>724039024I'm sorry you wasted your life being a neet or gambling on csgo skins. But not everyone is as hopeless and unknown in the local community as you.
I like china, but these subhuman skin collectors really deserve it
>>724039061Valve has killed more chinks than taiwan and the us in the past year and all they pressed was a single button
>>724039035I am only down 10%, and my only pair of gloves and my knife are play items. I might pick up more knives and gloves next week when the trade ups come off trade hold and the prices really eat shit and die. But, if you hold market makers and speculators to account in a microcosm of real world faggotry, you might as well start by going after the bigger fish like the meat processors and the oil industry. but you won't, because you're ignorant to anything you aren't actively thinking about.
It's still going wtfff
>>724039151This post didn't contribution to society. Should I report you to government? You have too much free time. Posting illegal anime reaction faces. Did you get permission from Netflix, the official distributor of TTGL?
>>724039301AAAAAAAAAACK
>>723974712oh really?what lawsurely this isn't made up by some dumbfuck retard on 4chan spewing bullshit. I'm sure we'll see the exact cited law soon
>>723974512They're literally melting down on /biz/ lol
>>724039151>local community
>>724038236Nope, them not being bound to accounts is exactly a big reason why they're so valuable. They're basically considered a sign of wealth.
>>724039312Report me to the government and Netflix. It'll have the same effect as reporting Valve for crashing your "investment portfolio". Now call yourself a stupid fucking bitch lmao.
>>724039301it won't hit rock bottom until the giant wave of tradeups come off the 7 day hold. this time next week it will probably be worth half that much. then, as people stop panicking, it will slowly go up again. almost assuredly never back to the previous high, but these next few weeks will be us finding a new floor.
Skin sellers scam so many people so fuck em nuke the market even more haha.
>globohomo community
>>724039434$300-$400 karambit fade sounds nice. guess we'll see
This is what NFTs were made to prevent btw
>>723974743It was a secure investment until the EU decided to fuck them over. As usual, arbitrary laws cause harm and the nannies don't care.
>>724032778>how is value derivedretard
>>723974512this is so unbelievably fucking funny. if you had thousands or even tens of thousands of dollars in fucking counter-strike cosmetics, why the FUCK would you leave it in there and not just sell everything and invest in something real?everybody who got fucked by this deserved it, desu. diversify your portfolio, that's fucking investment 101.
>>724017143Whales, mass. It rhymes, almost.
feels good to have a bullet proof inventorymy value was literally unaffected LMAO
>>724032778belief, just like how the skins are drastically undervalued right now, but will be even more undervalued this time next week as the trade ups roll out in a giant wave. But after the deluge and slaughter of the paper hands and when the whales have eaten their fill, the prices will rise again.
>>724039575>I-It was a secure investment
>>724030189Same with people hoarding trading cards or limited edition of x thing. They're too scared to do actual trading which requires market research so they switch to toys instead.
>>724031102My friend recently invested into bitcoin and has been trying to get me to invest and I keep telling him he's gonna lose it all and I show him story after story of people ruining their lives investing into stupid meme shit like that.
>>724039575do you put your CS inventory value in your tax form?
>>724039821It was. The largest change to the cs market in the last five years was the move from csgo to cs2. This update was a giant change to the status quo and lots of flighty retards are freaking out over what is essentially a very slight bump to the odds on getting a knife or one fifth of a trade up to a knife. The wave of useless reds being turned into knives will suck, but after a few months things will settle down and the prices will go up again. lots of people will sell at all time lows and lose their virtual asses doing so, but lots of millionaires will be made in this next month.
>>724039423I call Putin.
>>724032583I wonder what price butterfly knives are gonna stabilize at, cause I really wanna sell my asiimov p90 i bought for $10
>>724039745Saar KING
>>724039575EU laws have nothing to do with this you fucking retards
>>724039858investing in bitcoin now is just about the dumbest thing you can do.the window has closed, the bitcoin billionaires are all already made.
>>723974743>announce million dollar tournaments for your card game>none of it ever happened, just a pure rugpullYeah no you got scammed
>>724040030>It was.>It was.>It was.
>>724040096>eu shitholes put cases in their crosshairs>valve wants a revenue stream to match>this requires high value skins to be tradeable on their marketplace>the cap for which is something like 1800 dollarsthis is all because shitty european parents couldn't keep their precious little socialist spawn from gambling.
>>724040206none of this happened affecting CS cases or skins or the CS skins market idiot
>EUkeks are trying to make themselves look important again
>>724040206you're rightyou should report the EU legislators next
>>723974512Maybe this will trigger the next great recession. We can only hope.
>>723976246Reminder there are no such a thing as Joker 2
>>724040520t. Nazi
>>723974512Why is there a market cap for cosmetics? Investor scum.
>>724040258so explain the genesis terminaland french xray casesand eu nations harping on games that have lootboxesand the armoryand now this updateyou can't
Bigger damage to the chinese economy than drumpf ever managed to do.
>>724040206>muh EU
>>724040568because the items can be traded, come in different rarities, and are of inherent value? are you stupid?
>>724040572you literally do not understand what this update did and how its unrelated to lootboxes entirelyyou're actually fucking braindead. valve already dealt with the xray regulation by letting you see ONLY the next case's content. fucking retard
>>724040668they. are. getting. rid. of. cases.you're the stupid one.
>>724040704thats so weird because I can buy cases RIGHT NOW
>>724023632So Cases are now worthless right ??
>>724040719and the people two days ago couldn't trade up five reds for a gold.
>>724040779opposite effectcases are worth more now
>>724034049Video or it wasn't real
Why are amerimutts so against regulation?
>>724040787which is again, wholly unrelated to your schizo rambling
>>724040840because it's the creation of a power structure that can and will be used by the corrupt
>>724040793? But i see case prices are now down
>>724040840valve did this because they want to make more moneyit has zero to do with regulation or EU laws
>>724034856I would just cash out at that point. Take a million out and move it into something more tangible like indoor shrimp farming or stocks in the electronics industry, because that shit is not going to be around for more than a few days.
>>724040876people are liquidating in preparation for next week's bloodbath. The market (CS2 market) is gonna eat shit this weekend.
>>724040876because people are freaking the fuck out right now and acting irrationally
This shit is so funny lol.
>>724040927>>724040952Hopefully i got black cases again. Surprising how stupidly expensive it is to sell. I literally buy AAA games thanks to those
>>724040793we aren't at minimum gold value and maximum red value yet. until that happens, cases are actually less likely to net a return vs just buying ~$250 worth of reds to trade up. Opening cases right now is retarded.
>>724040639>rarities>are of inherent valueYou have dark skin.
>>724040994what are black cases?
>>723974512"CS2 marketcap" is on the same level of seriousness as "the aim community", which is to say something completely ridiculous marketed as serious and mature when in reality it's people selling literal jpegs for millions.
>>724041027Oh, ok. I want an emerald gem butterfly knife. Since they're of zero inherent value, can you give me one?
did someone actually kill themselves over this
>>724041130unlikely
>>724041130plenty did, and more will
I didn't even know it was a thing. I played CS like 20 years ago during programming class
>>724031683They’re doing the silicon valley loss leader thing but with gambling.That’s why you’re seeing so many ads everywhere.Draft kings for example is losing hundreds of millions each quarter but expects their product to be addictive enough they can enshittify it later to make it profitable.
I have no idea how this worksHow did you even cash out anyway ? The currency stucks in your steam and you cant cash it out
>>724039745absolutely 0 liquidity chad, i kneel.
>>724032929good
>>724041454that dip is literally because I sold an item LMAOkeep coping though
>>724041401third party trading, aka cashing out. the sites act as brokers for two people to 'trade' their skins. sometimes skins are 'traded' for cash. almost all sites will report your cashout to the irs or equivalent.
>>724041401trade with other people and they send you money. most use websites to facilitate this.>>724041485wtf are you holding?
>>724041503the right cases/containers/capsules
>>724017031>redditspacing>calling others newfaglol, lmao even
Skin/chest/keys trading was also the way to add currency to steam in Russia because of no SWIFT. Now you can directly add money through banks but it is still viable method and sometimes you get $40 instead of $30.
>>724039061Let's go for 150
>>724041401Im just happy to sell my case casually so i can buy Video Games i cant Pirate because of Denuvo
>>724041538Sell now, retard. If you can get any liquidity for the majors ' items nobody cares about.
>>724041881nah I'm goodmy initial investment was only $500 real dollarsthe items I hold literally cannot go down,they will never be reprinted or made again
>>724041923based thirdie
>>724041973poorfag copeI'm american but nice try
>>724041923>valve says 'no more cases'>turns old cases and capsules into terminals where you can roll for a chance to buy stuff>value instantly implodesthis already happened in rocket league, and might be the direction valve is taking
>>724042068>valve is going to do things that loses them moneyok lmao
>>724016517That's 5 billion of potential money, or money that people are willing to buy. That money doesn't exists yet.Same with stocks. When they said Nvidia lost market cap, no actual money was really lost.Though I really don't know why people are losing their shit everytime a market cap loses value. The money doesn't exists yet so why are they an heroing themselves?
>>724042068it's just cope bro. no one is going to touch your case when the rarest shit inside is 30 quids.
>>723974512>investing on goods that don't have a finite source
>>724039821>unironically saving cuckold porn screencaps
>>723974512Never invest in digital assets
>>724042118then why did epic games do it to rocket league? they basically killed that game thinking it would be profitable.
>>724042642does Epic games have their own marketplace where you can trade skins on and off market???????????????????????????????
>>724011795Is this real
>>724042774yes definitelybecause someone posted it on 4chan its 100% real
>>724042697fair point. they can't even do profile pictures, let alone an in game item marketplace.
>>724042858btw it WAS more profitable for them to disallow trading skins
