Key prices skyrocketing!!

Sephiroth

EGO Zealot
Joined
Mar 3, 2012
Messages
1,448
Well guys, it's finally happening, key prices are rising to new heights and are currently valued at 4.55ref.

The image below is constantly updated with the price of keys to refined.

live_keys.png


So everyone I have questions for you all.

How far do you think this madness will go?
Keys are estimated to hit 10 refined soon, do any of you actually think this will happen?
 
Potentially. More people are buying keys through the market and traders and not from Valve, causing the price to rise a little bit each time.

Solution: spend the extra $0.10 and buy them from Valve.
 
Actually this just shows the value of metal is going down due to an inflation of metal in the market. The value of a key is not going up the valve of metal is going down.
 
Metal has been going down a lot lately. It isn't good. If the value of metal keeps going down everything is going to be super inflated and new people won't be able to own anything nice :/
 
Metal has been going down a lot lately. It isn't good. If the value of metal keeps going down everything is going to be super inflated and new people won't be able to own anything nice :/

It will balance itself out. Valve either needs to introduce a metal sink or we just wait till it all gets crafted out.
 
ah, the days when keys were 2.33.

I've seen this in other games. I expect they will eventually rise to over 10 ref then settle down to ~7-8 ref.

Selling keys, 2 keys each.
 
GG For Valve I'l end up buying a crap ton of key's when they get to there peek and then watch the market crash and then I'l get more then I started with.

Genius ._.
 
It goes like this, buying keys with metal will always be expensive(since metal can be made), I came up with a small simple formula to calculate how much it keys will cost but its stupid.

Say metal is worth 0.30 cents and the keys from valve are 2.49 divide them and you get 8.11 ref. Any higher and you might as well buy them from valve or the market.(if your using real money.)

Solution: If valve found a way to limit idling and make ti harder to get ref, then the price will drop...wait that still won't fix the problem.
 
Yes the price is rising naturally because of idling, but the market has had a huge impact on it as well. People have taken the idea to get ref, trade it for keys, and sell the keys on the market. Though this happened before, it was limited as people would sell them for half price or less, and only through paypal. Now that it is easy to do and open to everyone, it has gone way out of control. Now, everybody is idling so that they can make a few bucks off of the keys. Because keys are on the market, no one is buying new ones, so the market is getting flooded with ref and the keys are being used up at a higher rate than they are being "produced." The market was an interesting idea for Valve, and doubtlessly makes them a lot of money, but it completely screws up the economy.
 

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