STEAM GROUP
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STEAM GROUP
TF2 Outpost by Fanbyte
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The key rise is at its end.
The trading price increase for the key has come to an end. The exact price is......

Wait for dramatic effect........

4.05 refined

The reason you ask. That's how much refined it takes to equal the dollar value of the key. Its just that simple.

After much discussion, the primary reason for the increase was due to the secondary market sales of the key but at current prices (1.46 for key and .36 for ref) you can sell 4.05 refined or the key and make the same $$$$$.

There it is folks.
Last edited by CHARLIE | trade.tf; 15 Mar, 2013 @ 8:55am
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Showing 1-15 of 29 comments
norby89 15 Mar, 2013 @ 8:50am 
This just proves you didn't understand absolutely anything from the previous conversations.

(Hi again)
His Wardship 15 Mar, 2013 @ 8:53am 
No price is static. Never has been never will.

Cave Johnson, we're done here.
The NSA 15 Mar, 2013 @ 8:59am 
You got that backwards, as the price of a key goes up the value of ref goes down, unless a key is worth less metal or the price of keys goes up (or some weird mix) the value of ref isn't going up because keys can be linked to actual money but ref can't
The NSA 15 Mar, 2013 @ 9:02am 
"What people dont notice is that the rising prices of keys just lowers the value of regular items because they are all that's really linked to real world money ($2.50 or 2.19 on the market now).

As key prices go up the amount of metal for an item worth a key is no longer 4 ref so they change the items value to the old key's price in metal. So a team captain was worth 2 keys is now 5.33 ref (what 2 keys used to be). Therefore it's value went from about $5 to $3.33."

What I wrote on "How high will they go?"
The individual currency amounts may change or be different but the relationships stated is what is at the core of "the event".

With x amount of willing sellers of keys having 2 different currencies they can sell their product for, some will choose one and some the other but the long term equilibrium is at a point where there is no measerable diference between the two, given certain volume of sellers.
Last edited by CHARLIE | trade.tf; 16 Mar, 2013 @ 6:42am
Originally posted by Champelliot:
No price is static. Never has been never will.

Cave Johnson, we're done here.


Cave Johnson????
I never said that it wouldn't fluxuate only that it based on these factors.
sitebender 16 Mar, 2013 @ 7:11am 
I still get plenty that sell to me at 4 ref. I've seen more people in trade rooms trying for 4 ref instead of 4.33
His Wardship 16 Mar, 2013 @ 7:15am 
You'd need to have played Portal 2 (or at least watched the trailers) to get that reference. You specifically said in the title "The key rise is at its end", which of course, it isn't. It could go up, down, stagnate or any other movement.
Originally posted by norby89:
This just proves you didn't understand absolutely anything from the previous conversations.

(Hi again)

We have reached consensus on the matter (with Uranium235), and that is that the volume increase of refined is not at the core "the event". That the most powerfull influencer in this is secondary market sales of keys. It is the fact that the willing sellers are now divided into two groups thus effecting the supply curve in the trading market. The natural equalibrium is the pricepoint of indifference. The prices of bp.tf were used.
Originally posted by sitebender:
I still get plenty that sell to me at 4 ref. I've seen more people in trade rooms trying for 4 ref instead of 4.33


Then that is part proof. Some buyers could buy keys in trading market and profit in secondary market until it is too costly then there is indifference.

So for four months people have been profiting from the trading markets failure to recognize this difference. Interestingly, both regular traders and trade suppliers of keys of suffered. They lost oppertunity to profit from there effort in building up so many keys.
The next challenge is to police other items who's prices may not adjust fast enough. If we can adopt the principles in this two market problem than sone traders can be reported and banned.
Uranium235 16 Mar, 2013 @ 10:03am 
Originally posted by F | CHARLIE:
We have reached consensus on the matter (with Uranium235), and that is that the volume increase of refined is not at the core "the event". That the most powerfull influencer in this is secondary market sales of keys. It is the fact that the willing sellers are now divided into two groups thus effecting the supply curve in the trading market. The natural equalibrium is the pricepoint of indifference. The prices of bp.tf were used.

The Community Market is sth. that cannot easily be compared to the in-game trading. It's not only the fact that you can sell and buy keys there that affects metal value (and key price), but the fact that it exists at all.

It's not that people are divided into two groups, but that there are two different market places that compete. Each individual adjusts their supply curve for each market, which have different "currencies" not really exchangeable and with changing cost to transfer, depending on current market conditions (prices of different goods that you are after: keys being one of them).

Originally posted by F | CHARLIE:
The next challenge is to police other items who's prices may not adjust fast enough. If we can adopt the principles in this two market problem than sone traders can be reported and banned.
What?

In my opinion, Keys will probably always rise in terms of Metal in the long run because of free drops (/idling). The question is how fast, and have we reached a point where the pace is beginning to slow down again.
Last edited by Uranium235; 16 Mar, 2013 @ 10:12am
The NSA 16 Mar, 2013 @ 10:45am 
Keys are static but nothing else really is. You cant buy a refined from the store for $1. people said this when keys were at 2.33-2.66 ref because then a ref would be $1
sitebender 16 Mar, 2013 @ 12:00pm 
I like the fact that 1 key at $2.50 can buy 3 hats each valued at $5.
CHARLIE | trade.tf 16 Mar, 2013 @ 12:06pm 
Originally posted by Lost Do I know you?:
You got that backwards, as the price of a key goes up the value of ref goes down, unless a key is worth less metal or the price of keys goes up (or some weird mix) the value of ref isn't going up because keys can be linked to actual money but ref can't


This makes less sense than I do.
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Date Posted: 15 Mar, 2013 @ 8:24am
Posts: 29