of course they don't, i'd like to know their system thoug. E.g. after currency change, from what i've read, evb had different wallet currency exchange rate
Comment has been collapsed.
well it's like BRL and EU, there some cards where in Brazil was R$1.80 (around €0.47) and here is like a €0.05, not near the same value ;/
but market value depends on bundles too so it changes fast (generally the value go down since the sellers want fast money)
~ Bump!
Comment has been collapsed.
That cannot happen as there is only one market (afaik).
For example, let's say that this exchange rate exists 1R$=0.05$=0.04€. Now we have 2 people listing the same item and 1 buying. First one (Brazilian) lists the item for 0.90R$ which after conversion is 0.045$=0.036€. This listing after being rounded up becomes 0.05$ and 0.04€ respectively. The second one (from USA) lists the item for 0.05$. Now comes the third one (from EU) to buy the said item. The way the market works he will only see the items in €, yet not all listings of the same price are equal. He will see the listings of the first and second guy as 0.04€, however those are 0.036€ and 0.04€ thus not equal, so when he'll buy he'll pay 0.04€ and the guy from Brazil will earn 0.90R$=0.036€ (the lower price has priority in sales). Now we could argue over where that remaining 0.004€ goes, but that's something only Valve directly would be able to answer to.
That exact reason is why, when even you listed an item first for lets say 1$ and another guy listed it for seemingly 1$ he gets to sell it first, even he listed it after you.
Comment has been collapsed.
Well I imagined the same thing as you, but when i moved from Brazil to Portugal the market value is different in many items and didn't match the comparative value. I don't know what happened :(
Comment has been collapsed.
If someone buys it from another region were it rounds up you get the split from the price they paid. I've put cards were I'm supposed to get 1 peso but after it sold I got 1.05 pesos for example (numbers are not exact as I don't have an exact example right now).
Comment has been collapsed.
I don't know where exactly that extra money goes to and that's why I refrained myself from saying anything on that particular topic. I'll assume that part of it goes towards conversion fees and I'll take your word for true and say that the rest goes to the seller.
However, If that's true, that makes it only unfair towards other sellers that had a higher price than you which price gets equaled by that extra money you get. But hey, it's Valve.
Comment has been collapsed.
I don't think it affects the other seller either. I don't tend to keep that close watch, but I have done it occasionally when more urgent and I've noticed items at a slightly higher price sell before others that are cheaper, my assumption is that those that are slightly more expensive sell because for the buyer the price was the same.
Comment has been collapsed.
I can't really know as I pay in Euro, so I'm making assumptions here :)
Comment has been collapsed.
Yes, if your currency has large denominations, you can easily fine-tune your prices to still show up as a specific cent/penny for those who use USD/EUR/GBP, but also undercut many similar offers. It gives small additional returns, but they can pile up.
Keep in mind that PLN is a nice currency for it, but you will have no real chance compared to Russians and their ruble, or the kings of card price optimisation, Indonesians. They have a currency where the exchange rate is around 13000 IRL for 1 USD, meaning they can fine-tune prices to 0.0001 dollar precision.
(Technically, Iranians could do even better on the market with a currency over a 30000 exchange rate, but they do not have their own currency, plus they are in a perpetual state of randomly getting geoblocked completely from Steam.)
Comment has been collapsed.
like in most things it has 2 sides. Better one for people with currency like pln etc. is selling high value things like expensive foils or skins. Downword is selling those garbage like items as you can't precisely sale them in mass amount.
Unforunately most items i have are garbage like :(
There is another thing, when i had market in € a lot of my more expensive items which sells really rare were green (i'm using addons to easily manage items) at market listings for a long time, now they often change into red in 1-2 days. Maybe I should be happy as i could sell them more easily but, man, that's taking way too much of my time
Comment has been collapsed.
couldn't you just find someone with the game you want and trade it for your cards? - rather than spending hours trying to list and sell all the cards themselves?
not sure if possible - but an idea nonetheless
Comment has been collapsed.
for cards I'd propably get only some cheaper bundle games and most of those I want I get myself. Huge amount of time needed for browsing trades and fighting with all those lowballing makes me nervous so I rarely trade now.
Actually I have more than 500 bundle leftovers and i don't have time to market them or make some badass neverending bundle train :( I'm lazy too I admit it
Comment has been collapsed.
If valve put all the difference it gets to a charity we probably could halve Africas famine rate.
Its little but it does amount. I don't sell that many cards (btw how the hell you guys manage that? Im a avid bundle buyer but still...) and i can feel the diference (easier to happen on my side, my currency is brl so small change quickly equals a game on sale).
Comment has been collapsed.
They don't keep the difference, or at least not all of it. They just consider the higher price it sold for and then send the seller their portion of that amount.
Comment has been collapsed.
Thats more fair, unexpected of valve (they know how to be greedy with creating more steady income)
Comment has been collapsed.
BUMP ! Thank you!
Comment has been collapsed.
No poll means, that I don't know what to say... :/
Comment has been collapsed.
Economics, sir... you're doing it wrong ;)
First of all: remember that all the prices listed in market are brutto, i.e with steam taxes added already.
Second thing: the "taxes" are steam and developer fees, 10% and 5% respectively. Both fees are rounded down, but cannot be smaller than 0,01 of currency being in use - hence total tax can't be smaller than 0,02.
...and now because pictures are often better than words (especially in my english :P)
As you can see, all the netto prices are being converted very fair and reasonable. Of course, there are some roundings but this is unavoidable. Still, it's always close to the 1$=3,6zł ratio.
Enjoy your new currency, and praise Lord Gaben as it's definitely better to pay 0,02zł tax than 0,02$ :)
Comment has been collapsed.
true ,it's nice about this cheapest items, some more pennies for me, and you can finally get rid of those tf2 crates which weren't selling at all in €
Comment has been collapsed.
whatever you will lose in cards sale you gain in game price maybe?!!
Comment has been collapsed.
On the other hand now it actually makes sense to sell cheap cards.
Before - card worth 0.03 euro, you get 0.01 euro, valve 0.01 euro, publisher 0.01 euro
After - card worth 0.12 pln (0.028 eur), you get 0.10 pln (0.24 eur), valve 0,01 pln, publisher 0.01 pln (0.002 eur)
This is because valve fee is 5% and publisher fee is 10% but they're rounded to the nearest full value. So I'm happily selling all the low value cards now while I was keeping them for no good reason earlier.
Comment has been collapsed.
i've checked a few and there are lots cards worth 0,03€ or 0,09 in pln, so after sale i'll get 0,07 pln. Little lower than your calculation but still worth more than 0,01€ :) so propably i should be happy
After your post i'ce checked tf2 listing and now I know why tf crates were never selling and giving back to my inventory after few months, there a few thousands listing for 0,03 pln so no way sb with € or $ can sell them
Comment has been collapsed.
I just wanted know how people from countries where cards are worth few digit number are managing their inventory now.
This is price in pln and this in $
According to google 0,05 US$ = 0,179 pln and 0,06 US$ = 0,215 pln. So lookint at market history if i want to sell card in avarage time i could sell it in USA for 0,05 USD and in Poland for 0,13 pln.
According to currency prices let's say i should get at least 0,04-0,05 pln more than steam price.
It's not much right? I have around 1600 cards so difference for me 0,04*1600=60 pln and 60 pln = 16.7 so it's one pretty nice game for me.
I know, Valve can do whatever they can about currencies, they can't be lossy on currency changes and so on. But mass selling cards now is a mess. No extension can sell it easily now because when i would like to sell it for cheapest or equal price I'd lose another circa 0,02*1600 :(
Market selling in € was so much easier
Thanks for listening to me. Take some bundle games in exchange - 1 2
damn! forgot about poll, please forgive me
Comment has been collapsed.