I have never heard of it, but they could have come up with other name than that :P
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I think $4 for Half-Life 2: Episode One (or Two) is pretty cheap.
We also have to pay in Euros here, so seeing a site with a dollar sign next to the prices is pretty good.
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I've seen the owner of the site buying games from other people on ST so I'd think it's legit. The logic behind it is probably buy for less and sell for more = profit.
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Is Steam Blackmarket legit?
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