Why is everyone saying that a lot of knives will appear on the market on the 30th, but no one is talking about how much money will be available for new purchases after the hold on marketplaces?) The money of those people who sold their skins during the crash
Been crunching the numbers on tonight’s CS2 update and this really puts it in perspective:
About 385 cases ($1,380) for a knife or glove drop
About 417 cases ($1,490) for 5 Coverts if you recycle every skin you open into trade-ups
Around 781 cases ($2,790) for 5 Coverts without using trade-ups
You actually need to open more cases to get 5 Coverts for a knife or glove trade-up than it takes to pull one outright.
The new system isn’t a shortcut, it just moves the grind around.
Prices based on the Fever Case at $1.07 and including the key, without taxes.
Stay calm, the market’s just having its midlife crisis.
#CS2 #CS2Update #CS2Skins
The Great Cleansing
Skins are moving from crypto and stock speculators, who were exploiting our economy, to the hands of actual CS2 players and skin enthusiasts.
They broke our market, and Valve is fixing it.
It’s sad, but it was necessary.
Stay strong and let it heal.
People who think Valve wants to crash the market are clueless.
They’re trying to reestablish control and make things healthy again, balancing supply and demand to natural levels.
But in doing so, considering how unhealthy things had become with artificially inflated prices, items are now returning to realistic values.
Skins were turning into shitcoins, moving away from their original purpose as playskins, and being traded like stocks or crypto instead.
This is a good change for the long-term health of the market.
Otherwise, where would this have ended? China (and others) would just keep buying everything up and pushing prices even higher.
Did you really think that was sustainable?
Be glad this happened if you’re actually here for the skins and the longevity of the CS2 economy.
The “crash” was inevitable. I’ve been warning about it for a long time.
People are just too greedy and forget that Valve regulates this economy, as they always have.
Unfortunately, most are blinded by greed to see the obvious coming.
Wonder about the impact of the new trade-ups?
There are ~20 million coverts (excluding knives and gloves).
Even if you traded up every single lower-tier skin to a covert, it only adds ~9M more.
In the worst-case scenario, if all ~29M of those Coverts were traded up, it would roughly double the supply of Knives & Gloves from ~5.5m to ~11m.
However, that would require every single skin to be traded to a Knife/Glove. It is more likely that the total supply increases far less.