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The Steam Holiday Auction

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josgba2002

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I'm trying to figure out how much money worth a "gem" but result is not satisfactory. For example, Sniper Elite: Nazi Zombie Army cards, around $0.08 in Market worth 20 gems. By other side, Skullgirls cards, around $0.14 in Market worth 12 gems. That makes impossible to do any calculation.

So, Steam is playing with values of cards, probably making them worthless for us, and people who use big amount of gems on bids, most likely would be overpaying game retail price just for "winning a bid".

10 years ago*

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356 Comments
Max18695

I've been trying to buy gems but it keeps giving me error.

10 years ago
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theblackyeti

Aaand the price of cards begins to plummet.

10 years ago
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Max18695

How can people afford to sell 1000 gems for 1cent? how did they get their gems so cheaply in the first place?

10 years ago
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Shadows

I've heard that there was an early glitch where people using scripted crafting were making things so fast the system was awarding incorrect quantities of gems, thus giving people millions for free. Can't verify that yet, but it makes sense.

10 years ago
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Max18695

Oh wow I hope they dont get rolled back or something.

10 years ago
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maurih1games

Man just go 100 pack of gems, don't know if I am going for another 100 packs

10 years ago
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Sisal

I'm not even able to buy those gems out of market, constant flood of errors.

10 years ago
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KrysleQuinsen

Either error or just success but not appear in buy order.

Edit: Just got 100 sacks, even it's error.

10 years ago
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maurih1games

Keep trying, if you manage to put a request, don't do anything, it worked for me.

10 years ago
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Max18695

I placed an order for 10, it said it went through, and then a few minutes later it was gone from my buy order, but no money was deducted from my wallet and I have no new inventory items

10 years ago
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Disturbed0ne

B6T34-5ITEI-TTJRC

10 years ago
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KrysleQuinsen

Thanks for Payday2 Alienware Alpha Mauler, I was lazy to bother with it, but it's good to have.

10 years ago
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Disturbed0ne

You're welcome. :D Enjoy it.

10 years ago
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ShayMing

DLC for something I don't own ;-)

10 years ago
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Sewaz

RIP card economy

10 years ago
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Springfield

FYI please be careful of these cheeky C that try to trade 3 cards of a game for gems except they don't give you the value of what the pack cost. Lucky enough these people can't fool me but I'm sure others will be fooled.

10 years ago
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Hageshisa

Volume: 254,225 sold in the last 24 hours

Also, just found this.

10 years ago
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KrysleQuinsen

Seriously, life time steam game.

10 years ago
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Morigale

I'm really enjoying how the booster pack trading site keeps changing languages. 3 Sammelkarten! 3 Cartas Inclusas!

10 years ago
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MartDrummer

Nope.avi

10 years ago
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Tactical

Looks like hoarding hundreds of background finally paid off.

10 years ago
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Thexder

Almost everything = gems, means market flooded with gems. Gems price plummet (already there).

100s of gems = Booster pack, means market flooded with cards. Card prices plummet (going now).

Watch tomorrow all those folks which had "buy" orders in place -- they will be majorly pissed when they found out the card they thought they got really cheap is actually worth much less!

Conclusion: if I were you, I would remove any "buy" orders, quickly!

10 years ago
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KrysleQuinsen

Sacks now have ~2m quantity now.

10 years ago
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Tactical

Major duping going on. Always someone who has to exploit and ruin these type of events for everyone else.

10 years ago
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Sewaz

Item server is ded

10 years ago
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Ekaros

15€ in cash. And now I'm sitting at 7.78€ with 697k of gems... Not sure if those are any use at all though...

10 years ago
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Sisyphus

I'm down about $0.70, but I've made at least a dozen booster packs, and I still have another 120k in gems. With my cards currently for sale, I should easily break even. Hopefully, I can dump all of those gems into something and win, even if its just a minor bundle game that I missed out on.

10 years ago
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Thexder

SELL EVERYTHING!!!

That is the usual crash behaviour.

(And I mean that -- with this huge flood, all prices will plummet!)

10 years ago
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Gramis

gems are now not marketable.

10 years ago
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Sisyphus

I do love me some chaos!

10 years ago
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Thexder

Unless they close also the "Booster Pack Creator" and the auction, they will not stop the bleeding... :(

10 years ago
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Tactical

Well good thing there was at least a limit to how many boosters you could make per day.

10 years ago
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Sewaz

Aww :/

10 years ago
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gnjev

Well that escalated quickly

10 years ago
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KrysleQuinsen

Got 500 sacks though.

Gems are also not tradable, was going to give some to my friends.

10 years ago
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Ekaros

Those bids are fun to see. 210€ worth of gems for temporary profile item ;D

Or the fact that there is bid worth of 30€ for CS:GO which is priced at 14€...

10 years ago
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Thexder

Pass me the popcorn, please?

10 years ago
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HairyGoober

Ran out of that half an hour ago, this is hilarious :P

10 years ago
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maurih1games

I'm cashing in the more expensive cards, the plummet is real!

10 years ago
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paka

crash market :D

10 years ago
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UraniumFalconPunch

This is madness.

10 years ago
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Max17

No, this is Steam.

10 years ago
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paka

15th dec 7:45 Steam servers R.I.P 100 %

10 years ago
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gnjev

One thing is 4 sure they deserved it . Greedy motherfuckers they even selling games they got for free from devs. Profit profit profit .

10 years ago
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Sewaz

Is not like they are losing anything here, more gems created = more booster packs = more cards in the market. No matter if the cards are 3 cents or 15 cents, they still get 1 cent for each one, so yeah, they will still make money from this.

10 years ago
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gnjev

And tribute for guy with mental health issue willing to pay 200-300 euros for temp cosmetic add on

10 years ago
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Ekaros

180€ for 14€ game... It's fun to note that winning bids can't be canceled...

10 years ago
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