It's officially over.
>>724054125Should I buy the dip?
>>724054125That's way too much money for a knife skin.
>"Not my hecking virtual knaifinos!"
>>724054125Fucking based i can finally get an affordable knife skin
>>724054125>Degenerates inflated the value of digital skins>Get fucked really hard when an update destroys the marketSomehow it's Valves fault.
>>724054249>Degenerates inflatedRetard, learn what supply/demand mean. Gabe increased supply by insane amount and this caused value to drop. There was no inflation going.
>>724054470speculation
>>724054470It was never worth thousands of dollars, you just got owned because the bubble finally popped. Cope.
I wish this happened with bitcoin
>>724054616>youCan you niggers stop doing this for once? I don't care either way but what I know is that people were buying and selling knives at that price therefore it was legit price.>>724054550Just like everything. Your gold is pure speculation, your crypto is pure speculation, your stocks are pure speculation, your fiat is pure speculation. Welcome to society.
>>724054125Gaben has destroyed my life, there is no recovering from this.
>>724054708This happens almost weekly in crypto. Just one tweet from Trump causes billions of dollars in losses.
>>724054125>he sold?
>mfw I read up on this
>>724054773Gold isn't pure speculation. You can't turn my ounce of gold into not an ounce of gold. Gold is a commodity, brainlet.
>>724054183obviouslyit'll climb back up but not to pre update levels
>valve will kill tier 2 and 3 scene because those teams are sponsored by gambling and trading sites>tier 1 teams are sponsored too even events directly arelol this might kill tier 2/3 scene and might make make saudis own entire scene.
>>724054773>what I know is that people were buying and selling knives at that priceWeren't most of those $1000+ skins just one item listed in the marketplace sitting there for years because no one wanted it for that price but there was also no one else selling it?
>>724054773>Your gold is pure speculationholy retard
When will it happen with these bad boys?
>>724054773Gold isn't speculation, gold has actually important industrial usesCrypto is speculation, which is why I consider it to be worthless
>>724055071No, those are the third party marketplace prices.
>>724054896>same things that affect fiat, stocks, crypto, etc. price equally affect gold price>somehow gold isn't speculation just because Gold being commodity matter not, gold price is pure speculation. (((Central banks))) pump gold into sky high since past few years but I guess it's ok because (((they))) pump your investments.
>>724054470Retard learn to actually read. You think these digital shitskins are worth anything? Some retard from years ago listed it for a hundred bucks and some other retard bought it and listed it for a thousand and so and so forth. Thats fucking inflating the value.
>>724054125holy shit basedwhat can i get for like 50 bucks?that was about gut knife value before right?
>>724054249>>724054470Holy shit stop trying to discuss economics
>>724055154>gold has actually important industrial uses>1/1000 of mined gold is used in industry>see?????? it have uses!!!!Gold is overmined, prime use for gold is investment, industry use of gold is miniscule.
>>724054470Don't care, buying your $400 knife for $0.4
>>724054183>>724054957I have no idea how any of this works. Which knives actually have re-sell value?
>>724054125This is a Government effort to reduce the population.
>>724055170You're retarded. Gold price is a product of supply and demand, nobody is speculating on gold price because it's way too stable and never goes up or down by any noticeable amount unless the fiat economy is literally collapsing.
>>724054125>>724054183This knoife already went back up to 50€ on the market, I was too late FUCK
>>724055504>central banks massively increase gold purchase >it cause gold price to increase over two times in past few years >nobody ask who own central banks>nobody ask why people behind central banks suddenly need to pump gold price so high>just trust me goy, gold price is stable, unless (((they))) need to increase it that's it>but that's still act as stable, teeheeheeSo, if central banks decide to dump their gold and it will cost ~500$, will you still be here to say that gold is stable and everything is fine or gloat at third worlders for buying gold that is owned by (((them)))?
>Hey baby, want to see my million dollar antique knife my father passed down to me?>ok>*turns on computer*
>>724054470C O P EOPE
>>724054249Yes, because they should have done that MUCH earlier.
>no money to buy the dip until me next paycheck
>>724055353>implyingIf governments wanted to crack down on population all they have to do is poison the slop you faggots eat daily. Fastfood, tobacco, caffeine and alcohol alone could reduce the poluation by like 75% if they really cared to do such a thing. But then who would do all the shitslop jobs none of the elites/rich want to work? Killing off their slaves/drones would just make life 100x harder for them.
>>724054125isn't that just someone who mistyped the price. I bet he meant to do 80€ but instead typed 8
>>724054183>people still buying into such a volatile market that could change at any timelolsure go for it
>Casually invents a new genre>The An Hero shooter
>>724055765Gold is used as a commodity exchange reserve by central banks. They aren't gonna "dump" it. They will exchange it for commodities they need or hold onto it if they currently don't have anything they need.Gold costing 500 USD is literally impossible because USD is inflationary. The value of gold can't go down enough, that would require gold magically losing it's properties which make it useful as a commodity. Like maybe a complete civilization collapse, but then USD which is just worthless fiat would be even less valuable so it still couldn't exchange favourably.
>>724055152praying hard for it but its backed by being a physical product
>>724054125Talk about slashing prices!
>>724054470retards "investing" on worthless shit has nothing to do with supply and demandit's just retarded jeets trying to scam each other
>>724056637>They aren't gonna "dump"You know what I meant, they can exchange it for crypto or something else and it can be done under new "environmental program" to reduce Earth overmining. Everything will sound very nice but end result - gold will cost nothing.>which make it useful as a commodity.as I said, actual gold use is miniscule, most of the gold is being hoarded>Like maybe a complete civilization collapsePeople who bought knives thought the same, we are talking about 10+ years old market with 6 billions market, nobody was expecting this from Gabe but he did it anyway.Morale is that central banks can do so, easily, especially since all of them are controlled from the same place.
>>724054183Yes
>>724055152TPC can't flood the market with reprints since retards care about the set it was released in for some reasonUnironically, ((youtubers)) could crash the market if they ever reverted the brainwashing that these things are worth anything
It was literally only one sale. I hope op was the lucky one
>>724057216You can sell the knoife right now for 48€, assuming 30% from Steam (I don't remember what percentage it is on the market): 33,6€.So you if boughted the knife for 8€ and sold it to this dude, you'd make a +420% profit: a better performance than Buttcoin since the latest big crash!
>>724056129trade up knives and gloves have a 7 day trade ban, the real crash hasn't even begun yet
>>724055154They are both speculation, the price of gold is not driven by the demand for industrial uses.The difference is in how they behave.The claim of crypto is "new generation of reserve asset, fiat is overprinted, we are a lifeboat and a store of value", it doesn't behave like that. It goes up with the stock market, and it goes down with it too.The claim of gold is "old generation of reserve asset, fiat is overprinted, we are a lifeboat and a store of value", it does behave like that. For years gold was flat, or even down in real terms. It underperformed the stock market, because it should, it's not a productive asset. Then, when finally the US and dollar dominance started to look a bit shaky and when they were outright dismantled by pedo in charge, gold shot up in response. It followed it's thesisUltimately, value doesn't exist, everything is speculation. A glass of water is worth different amounts to a man drowning and a man in the desert.
>>724054125So what do these knives do in the game that make them so desirable? Is your character like overpowered if you use one? I don't play Counterstrike so I'm just curious why there was such an inflated market on these items. Why not just collect real knives instead?
>>724055152When it stops being appealing to young children. Somehow someway some stupid executive is gonna tank the value of Pokemon and it wont recover from there.
>>724058384Nothing. They do nothing, they are just a cosmetic skin. And the funniest part? Knives are the big expensive items. The ones that aren't used 99% of the time, so nobody can even tell you have a "super cool rare expensive knife".
Still using the same m9 bayonet from 2013. Never selling.
>>724055154Needing like one microgram to coat the traces on a CPU is not a significant part of the cost of gold. >>724054773Gold is a mix of irrational speculation, and a commodity like land. It is irrational, because gold is a nearly worthless metal that has only small scale applications in industry. So there's no materialistic basis for gold being valuable. It isn't like land that has an obvious inherent value. But because it is a physical asset that is resistant to corrosion and can be reprocessed many times over, it has durability and avoids being a purely ethereal asset like crypto. You can't get screwed on buying gold and have your gold bars disappear. It is a hybrid product, not one or the other.
>>724054470get fucked idiot
>invest in proto NFTs>surprised when the bubble burstslol
>>724058513young children aren't the ones spending hundreds of dollars on a piece of cardboard anon
>>724054125Okay, I’m ignorant about this. Who the hell is actually buying these overpriced skins to use? I know people are buying them as investments, but who are they actually selling them to in order to make money?
>>724057743>Buttcoin since the latest big crash!It happened again?
>>724054470The reason price dropped isn't a supply-demand imbalance, it's the fact that the skin """""""""market"""""""""" is virtually completely illiquid you fucking philistine.
>>724054125I see nothing wrong with this. Unless it's physical goods that actually have value to society, nothing of value was lost.
>>724062173They were all trying to not be the last ones holding the bag.
>>724055154>gold has actually important industrial usesGold isn't valued around its industrial uses though.
>>724057008If Gabe Newell was known to possess the philosopher's stone your argument would be more compelling.
>shit reds shoot up 10-15 times the price >people selling highly valuable shit like butterfly knives for less than 1k everyou want an easy investment? But any FT knife under $100 rn and you will make 50% profit minimum. Want an easier investment? Buy any FT butterfly that's at or below $600 and you will be guaranteed to hit 1k-1.2k on it within a year. Send me some of the profits ya jabronies
>>724054125save a loifebin that knoife
>>724063310but the mass of trade contract knives hit the market next week when their trade cooldown ends
>>724063310i love that people cope with this shit by just wasting even more money on worthless garbage
>>724054183if you want to not learn your lesson, sure, there's a bunch of other retards just like you
>>724054125so how many people took a nosedive off a bridge over this?
>>724056153Actually they could just have the military kill everybody
this is not good ro funny many of my friend here in philippine now have to find job working in terrible condition
>>724054125Based Gaben. I hope he does the same with Dota.
>>724054125As someone who never took part in any of this, I'd just like to say I'm so hahahahahahahahaha. HAHAHAHAHAHAHAHAHAHAHA! INVESTING YOUR FUTURE IN A FUCKING VIDEO GAME, WHAT A JOKE!
>>724068967They would never do that. For starters, it would start an all out civil war. Secondly, it would waste too many resources and you'd also be destroying your own fucking infrastructure by starting a war on your own soil, hence why there hasn't been another war on U.S. soil since. If you genuinely wanted to cull the population while also not wasting precious resources, you'd just poison shit most people consume. Fast food. Tobacco. Coffee. Alcohol. All without needing to fire a single bullet. And more importantly you keep your infrastructure intact because you aren't fighting guerilla skirmishes in cities blowing up buildings and subways and all kinds of retarded shit.
>>724054470>buy up all the knives>charge retarded prices for them to turn a profitAnon, it's exactly what happened to the retro gaming market. These faggots deserve to lose all their money by hoarding everything and making a profit on things that shouldn't be that expensive in the first place.
>>724070474mmos literally ban players for market manipulation like that. shame real life doesn't do the same.
>>724056581this joke is too old for nu/v/
>>724055152No. Nintendo loves money.
>>724056581haha get it guys haha they made the game an hero sho-AAAAAAAAAAAAA
>>724055353They already did more than enough with feminism + sterilizing mrna jabs
>>724067479ah yes, the classic /biz/ adagebuy high, sell low
>>724054470Just use skins you think look cool.
>>724054125No one cares for your NFT knifes, fuck off already.
>>7240541258 fucking euros for a skin? What kind of retards buy these?
>Trash knives tank further>Expensive knives barely tanktell me /v/ you were saying it was a total crash
>>724055152The lack of "1st edition" label makes it hard to sell.
>>724071971Give it 6 days for the first batch of knives to become tradable and people will undercut the prices way down.
>>724054957>it'll climb back up but not to pre update levelswe haven't even reached the bottom yet, it's not gonna climb back up anytime soon.
>>724054470people need to understand that these items literally have no value, valve will always have the last say on how much shit will cost and this update should fucking open your eyes to this. it's a government run economy not an open one.
They're gonna drop a knife+glove terminal next and absolutely crater the market.
>/v/ gobbles up misinformationmore news at 11
>>724073204>>724071971These are also shit knives that are already pretty cheap I predict these knives will tank lower while the actual $1000+ knives wont
>>724073274those are the shit knives in my screenshotsthose are the cheapest knives on the steam market, they havent fallen below 50 euros yetand no, the 1000$ knives will start falling, plenty of dopplers, gamma dopplers, crimson webs and so on are being freshly made, my friend got 4 knives out of this update, 1 butterfly lore, and 1 gut knife marble fade.I can see maybe blue gems surviving a littlewe will see what happens on 30-31 october
>>724073478I am begging to see the absolute torment of when the knives flood the market next week I really hope this shit all tanks for easy combos
>>724073204learn to read a graph retard
>>724059138You have your knife out 83% of the time you stupid nigger.
>>724073628you seem a bit slow so let me help yourecheck op's pic
>>724073478The dream is this shit crashes so badly they have to start selling them under $100 USD
>>724058384The default knife anims are dogshit & sound like shit. They just look really ugly and after a certain while gets boring. Some knives example Karambit & Butterfly have different animations and are cool as hell, so people buy them. They dont have any special effects or anything like that, but you use the knife probably the most in this game, since you go up and down places faster with it. Friend of mine bought a butterfly around 2015 for like 40 euros, the skin inflation has been pretty crazy past few years, even before CS2.
>>724073950I expect a big crash people are crafting like mad rn and they are crafting crazy shit
>>724073950reds are being sold insanely fast, go check any ~30 euro red on the market, I think atleast 40 are being sold every minute on each
>>724073950its a waiting game right now but ALOT of knives are being made right now and in 6 days we will see the second wave of suicides. Cheap knives/gloves will go down at least $20 lol the more expensive ones will not be $1000+ aside from special cases
>>724074340>>724074465is there a way to track what knives are being made or is it the usual valve loves to hide it BS?
>>724070717easy wit hthe aniti-semitism
Reds still cost too damn much and knives are back up to $70.
>>724055154next you're going to say diamonds are rare and valuable
holy shit ITS GONNA TANK THIS IS ONE SECTION OF A BACKPACK
>>724055152>LV. X CardsBased
>>724074340Still not selling by bullet queen...
>>724075019you should consider kys for worshipping literal whos on the internet
>>724075019hes crashing out right now LMAO I love it I cant wait for $50 butterflies and $30 gloves
>>724074543there are sites which show the current amount of knives, I think there were ~15? million existing knows, now up to 19 million, it also shows the number of a knife, example 700k of this type of knife exist etcthere are also plenty of screenshots you can find of people online showing their new knives they crafted
>>724075672holy shit im salivating for this, I hope all these skin losers leave counter strike
>>724054957easy on the copium bro...we're all worried about you...
>>724058513You are insanely retarded if you think it's actual children buying out card packs.
>>724055152I love how much all these cards suck complete ass
Can they crash a little faster? $50 is still unreasonably expensive for an ingame skinyou'd have to be clinically retarded to pay more than a buck for oneand even that is overly generous
>>724054125Thirdworldbros... Our response?
>>724054125holy fuck no wayhas valve responded to this yet?
AN HERO SHOOTER AN HERO SHOOTER AN HERO SHOOTERDont mind me im just crashing the stolen joke marketAN HERO SHOOTER AN HERO SHOOTERAN HERO SHOOTER AN HERO SHOOTER AN HERO SHOOTER
>>724070292Don't forget the pro-veganism and anti-meat propaganda
>>724071971>>Expensive knives barely tankWhat the fuck are you on about, dopplers are down 30-50%Cheap knives were less affected
>>724070717>mmos literallysue the shit out of rmt/private markets and people running private servers, hell turtle wow devs might never see the outside of a prison cell if the racketeering charges actually happen
>>724075323>$50 butterflies and $30 glovesNot happening, goober.Knives only have 1/3 the drop chance of a red, and you need 5 to craft.This is basically a market correction pulling reds up and knives/gloves downwards, but butterflies tanked half their value... down to ~$500 for the cheapest ones.
Will have 1k in csfloat balance next week once escrow clears. Hoping to grab a 99% fade M9 Bayonet and some clean knuckle vice gloves for cheap.
what should a poorfag like me with only 40 euros on steam wallet do
>>724054125
>>724076540wait till next week and see how much shit truly tanks
>>724071971>Expensive knives barely tankare you braindead?
>>724077064This knife should not cost $20,000 at max its worth $5
>>724077145I would say it should cost no more than 3k. Doppler gems were around that price in 2017 and it was much easier to justify as a high tier item. Standard doppler phases ideally should continue to fall and should land at 300.
>>724077064nobody was actually retarded enough to spend that much on a slightly different model, right?Holy shit all these people should've killed themselves years ago
>>724077446even worse anon, the people who were spending this much money weren't even playing the game. it was used as an investment.
Imagine spending money on pixelated skins
>>724074543Valve is drinking your tears you faggot degen
I wonder what goes through the minds of the average turd world shitskin who thought dumping their McWages into video game knife skins was a solid strategy.Other than a bullet of course.
Who the fuck spends this much on fucking skins?
>>724055353mental illness
>>724054773>legit priceSo price now must also be the legit price. After all, that's what people are buying and selling at.
>>724056581amazing job anon, love itkeep up the good work!
>>724054470There was never any demand, and there was never any value.
>>724054470I will always be there, laughing at speculators getting FUCKED.
