Why did a key prices dropped so much, any explanation?

Yea i see, these last sales are pretty good, but their price started dropping even before sales begun.

And yet money has value despite it being either numbers on paper or numbers in a bank's database.

Digital games too for that matter.

You give it a value. That's how currencies work, you know. At least you can use keys for something in contrast to actual paper money.

And yet bitcoin is something digital that no one understands and has a value of 650$. I see why would tf2 keys drop, some even predict that people will stop playing it in 2 years. but dota too? Or is it some sale upcoming that i don't know ?

No one is buying these to open crates.

¿Fake? Sure... There are people making hundreds of dollars per month selling keys for paypal... (Games / Unusuals / keys / TF2 Economy...)

if you check better, http://blog.dota2.com/?l=english dota is actually #2 so bad joke about hl3 :)

+1

+1

The price ceiling is how much it costs to buy a key in the mannco store.

the .70-1 was back when tf2 keys were on sale 1/2 off. Not to mention black market sellers who would back charge after buying hundreds of keys, then sell them for paypal, ripping people off but still affecting stuff. Ref prices were proper for back then, more bots than ever right now.

I understand that, i watched it happening in summer sale, winter sale, haloween sale, but never in middle of nothing, like right now. it must be that these weekly sales are so good.

hmm, that might explain maybe things a bit. I have friend with who i trade games all the time and at the point when dota2 keys was at highest (recently before this huge drop they were like 2.4$) he/she was getting dota2 keys from "local" trader for like 1.6$.

as a trader i had much more sales from assassins creed sale than now with rockstar sale.

The official price of something is always higher than the one you'll find in the street.

CS:GO sale is probably what's keeping it down right now. Quite a number of traders are hoarding a ton of copies of CS:GO (20+), which in turn means a lot more keys are being flooded on the market as the buy on demand folks need to sell off the keys they get to acquire more wallet to buy more games.

You might be actually right. First i thought you are joking because im trading with russians and no one mentioning anything, but seriously go check on tf2 key market. The first 7-8 sellers that i checked are all from russia, belorussia or ukraine.

Not related.

Sanctions on Sanctions on Sanctions :P

Wasn't that done is January? Seems a bit too much of a delay, especially since they've since announced "rep/trade stays". :/

Nah, not really. "Grey market" keys have a pretty stable price right now. The drop discuss here is on keys sold directly on the Steam Market.

It's only do to flux from game sales.

Wow, rich people. Gotta get a job soon.

Free to Play?

New keys came out :s

lol I bought 3 keys, now I'm worried about this too >.<