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(Hi again)
Cave Johnson, we're done here.
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?"
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.
Cave Johnson????
I never said that it wouldn't fluxuate only that it based on these factors.
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.
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 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).
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.
This makes less sense than I do.