He could still not make use of the buy orders, whether they convert everything or not. He could still buy things as they're available, although he'd be buying it above market value, if you assume market value is where people have their buy orders sitting.
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An interesting concept.
I dont buy from the community market through so I dont feel it would be useful to me, but I can see it being useful to others.
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I guess it's also there to "protect" some of the new sellers who don't know how to use the market and accidentally puts up an item for way less than it's worth. Then if someone puts up a buy order for a $250 knife for only $200, and that also happens to be the highest someone puts an order out for, then it's sold to the highest bidder rather than someone who chances by the $4 sale and swipes it up. Also means more money for Valve with that, but that's beside the point.
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Not really, because the item still sells for however much the seller sets the price. Just that it goes to whoever bid the highest, instead of whoever chanced upon the item. I set a buy order for a card for 13 cents, and got one for 10 cents.
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Hmm...might be just me but your statement seems a bit contradictory.
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At least this would rarely happen in practice. How many people would sell things at below the highest buy price?
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No I still think it would be less common. At the moment there is some reason to deliberately list an item well below all the existing listings to get a quick sale. If the buy orders were on display rational sellers wanting a quick sale would just go for the highest buy price for an instant sale.
I suspect most people if they needed 5 cents more wallet to buy something on the Steam store, when they went to sell a card, would still sell it for 7 cents instead of 5 if when they press the 'sell' button they see they can get 7. Hope that makes sense.
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It says only Half-Life 2 trading cards are available for testing phase. Is that... Is that a sign???!?!??!
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It was just a joke about the "Half-Life 3 confirmed" meme...
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Not sure if it will ever happen for CS GO skins. The point is that all trading cards are identical, while weapon skins can vary in looks.
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Items from the market will become much more expensive with this feature. If you are late to the party you'll never get a specific item for even a relatively cheap price since you have to outbid the one million people that placed orders already. It's good for Valve and people who sell items, but bad for people who buy items. Good thing I rarely ever bought something from the market.
If you want to buy something from the market for a cheap price you better do it now.
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You could just buy at the current price (which is what people are already doing now). The only time you would be at a disadvantage would be if you are putting in a buy order for lower than the current price in hopes of sniping a cheap card.
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+1
This is a good thing for Valve and for market sellers, certainly not for buyers. Average Joe must forget about real-time market, Valve bot will raffle everything.
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Would be even better if it went live for all cards during the Summer Sale. People are already buying more cards than usual to craft and get Mystery cards.
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This is awesome. It also makes it clearer the spread of prices or market, rather than having to click through multiple pages. It means instant gratification for selling cards - you can sell at the highest buy price or gamble on the market going up, taking on some risk.
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Meh more bots, this time legit bots, yea how awesome is that... bleh
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I'm a huge fan, as this is a great time/money saver when buying items and insures rapid sales whenever you want for selling items. The only people that it is bad for are people who already have bots - and I find it hard to care about that, since they're just cutting out gains for the rest of us.
Even those who might have been willing to constantly scan market for undervalued items would often be beaten to it by a bot if it was truly a good value - now you can just put a buy order in and save a whole bunch of time of refreshing a bunch of pages every hour (and the collective time saved is probably much more than worth the extra penny or two you might have to put a buy order in for, considering all the time it takes before you happen across a lucky mispriced item just above what bots are buying for).
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Not going to be surprised if our Lord Gaben raises the taxes because of this new feature.
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As this feature is already in effect for half life 2. Is there already any change on the market ?
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Well, now everyone can be a bot, which is actually nice, as it evens the playing field. Also, this will probably keep prices high for both sellers and buyers, which basically means more profit for Valve.
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Clicky
What do you think about it? I hope it will wipe the bots out for good.
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