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-RU reseller.
/thread
This makes the reselling more risky in sense of building a dead stock you cant get rid off later than it is already, valve is just so smart to sell this feature as anti scamming measure.
However it is indeed also more safety to protect users from fraud because 30 days is realistic to detect chargebacks but this solution still has a huge catch: games can still be gifted during this timeframe so only time will tell if this opens a new way of fraud by simply bypassing the trading and forcing the one sided trade solution.
A lot of people should be sensitive about these one sided trade scams, but still there are lots of people in the paypal business. At least on outpost. But how is that in comparision to the steam userbase? And even if enough people fall for that one sided scam, currently trading for games is quite safe for the user because in case of fraud he gets his items back and valve looses, with this new system the user does not and valve looses nothing but only the user does. If people realise that this type of trading is more dangerous now they might simply stop that type of trading.
Did valve hire a psychologist recently? Dont be evil!
It is of note that this change does not affect the biggest traders, who have enough funds/keys/whatever in stock to trade 30 days without immediate profit. I predict a wave of trade bans a month later (for "breaking the intended aims of trading system" or something alike), as Valve will have much easier time isolating and banning a small number of biggest fish in a pond.
Nope, gifted games are bound to the account, its like unpacking a gift from inventory, there is no reselling.
In case you havent realized, valve is pissed off by people like you, people making profit by stealing valves profit (and hurting their reputation by making the trade system unsafe), it was only a matter of time until they take actions. But instead beeing dumb like blizzard and slap them with the TOS they have chosen a smarter way ;-).
There is even a petition up for reverting this already.
Petition[www.change.org]
Chargeback scammers will be happy to trade the games first in exchange for keys, there will always be gullible people who can't pass up deals that are too good to be true.
Currently If I fund my account with a new card I can buy a steam gift and trade it straight away right?
Its a 7 days steam market lock out right? Im not sure about gifts as Ive only ever used one funding method, is/was there any gift trading restriction when new funding method used?
1. Valve dislikes very much people who sell games for cash, that's explicitly forbidden in the SSA. Blocking cross-region trading will, in theory, reduce both their losses and the work to monitor/act against big traders.
2. Every day dozens of accounts would buy gifts using stolen credit cards, or simply chargeback payments using legitimate PayPal accounts. People are too greedy to research how much a gift could be sold for and end up paying anyone selling with large discounts. Not much different than those who fall for phishing attempts.
3. Steam Support should also have less people to deal with, in the long run.
4. This also gears towards increasing Steam Wallet money's worth. It's common knowledge that $1 in Steam Wallet does not equal $1 in real world cash, mostly because of cash trading.
5. Scammers will probably use the "rep" method to profit as of this change, this type of scam can't really be countered without any drastic changes.
Looks like my information was outdated, you are right, you have the option to accept it as gift for your inventory.
I still stand to the rest of my post though, valve simply closed the game->item->cash loophole in a smart way :-).
How exactly are we expected to trade games with strangers at a whim? Gifting doesn't cover every scenario. Lets not forget that almost every game has been region locked... Is it not a little bit excessive? These new rules have "made a hole", there are services missing now.
In other words, almost nothing changed for legitimate traders (except tons of new work), scammers rejoice of all the possibilities.
I've also heard that now you can only buy 10 gifts in a week, anyone can confirm this?