How Valve killed the Steam market.

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Va1lera 8 Jul, 2021 @ 3:22am

How Valve killed the Steam market.

We all know about the scheme with the exchange of our skins for a little more expensive by exchanging them with other players. This scheme worked (and now it works, but it is not convenient at all), but do you know why? Then Valve added a ban to the trade after the exchange (purchase) of any item on Steam. And I know why, this was done so that those who hacked your account could not transfer your balance to their account through the purchase and further exchange of items, so that you have time to restore your account. But that's not even the point, it's just trading, but the 13% commission on the market is already too much, it is impossible to speculate with such a commission, since most of the profit is lost due to the commission. In general, now it is impossible to speculate on the Steam market, then what's the point in all these price charts? I know a lot of people have said this already, but I'm just saying it again. Actually Valve, you killed the market ...

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Showing 1-15 of 43 comments

Cathulhu 8 Jul, 2021 @ 3:40am

It never was supposed to be a business for users.
Your scheme failed and now you whine?

Count_Dandyman 8 Jul, 2021 @ 3:57am

seems somebody missed the whole part about how you aren't supposed to be trying to speculate with anything on Steam in the ToS

Va1lera 8 Jul, 2021 @ 4:06am

Originally posted by Cathulhu:
It never was supposed to be a business for users.
Your scheme failed and now you whine?

No, I just didn't start doing it, because I realized that it was not profitable. And why first create a live market, and then kill it.

Va1lera 8 Jul, 2021 @ 4:07am

Originally posted by Count_Dandyman:
seems somebody missed the whole part about how you aren't supposed to be trying to speculate with anything on Steam in the ToS

I say it again, I didn’t try to do it, because it’s unprofitable. And again, they make the live market themselves.

Last edited by Va1lera; 8 Jul, 2021 @ 4:12am

Wolf Knight 8 Jul, 2021 @ 4:11am

Originally posted by Vallera:
Originally posted by Cathulhu:
It never was supposed to be a business for users.
Your scheme failed and now you whine?
No, I just didn't start doing it, because I realized that it was not profitable. And why first create a live market, and then kill it.

the never killed the market. your expectations about what the market is for is what killed it for you.

Va1lera 8 Jul, 2021 @ 4:12am

Originally posted by Wolf Knight:
Originally posted by Vallera:
No, I just didn't start doing it, because I realized that it was not profitable. And why first create a live market, and then kill it.
the never killed the market. your expectations about what the market is for is what killed it for you.

May be

J4MESOX4D 8 Jul, 2021 @ 4:56am

Originally posted by Vallera:
Originally posted by Count_Dandyman:
seems somebody missed the whole part about how you aren't supposed to be trying to speculate with anything on Steam in the ToS
I say it again, I didn’t try to do it, because it’s unprofitable. And again, they make the live market themselves.

If you want to make a profit then go and download a real-world trading app and make real money that way. If you're trying to make a living off of worthless virtual items where you receive platform-locked wallet credit then you're in the wrong business.

The market is working as intended and making Valve EZ money in the process. As soon as you inject real money and convert it into digital credit, you lose unless you intend to buy games with any gains.

Commission is also part of the service - you don't expect to jump into something, use it to its full potential and not expect to give something back..

Chocolate Pie Kitten 8 Jul, 2021 @ 5:44am

Steam is a gaming platform , not a stock exchange
Since there is the points market now, i woud be glad to see market disapearing.
All this market is doing is feeding the accounts scamming

Va1lera 8 Jul, 2021 @ 6:25am

Originally posted by J4MESOX4D:
Originally posted by Vallera:
I say it again, I didn’t try to do it, because it’s unprofitable. And again, they make the live market themselves.
If you want to make a profit then go and download a real-world trading app and make real money that way. If you're trying to make a living off of worthless virtual items where you receive platform-locked wallet credit then you're in the wrong business.

The market is working as intended and making Valve EZ money in the process. As soon as you inject real money and convert it into digital credit, you lose unless you intend to buy games with any gains.

Commission is also part of the service - you don't expect to jump into something, use it to its full potential and not expect to give something back..

I know...

Tito Shivan 8 Jul, 2021 @ 6:56am

Originally posted by Vallera:
now it is impossible to speculate on the Steam market

Which is a good thing.

#10

nullable 8 Jul, 2021 @ 7:33am

Originally posted by Vallera:
We all know about the scheme with the exchange of our skins for a little more expensive by exchanging them with other players. This scheme worked (and now it works, but it is not convenient at all), but do you know why? Then Valve added a ban to the trade after the exchange (purchase) of any item on Steam. And I know why, this was done so that those who hacked your account could not transfer your balance to their account through the purchase and further exchange of items, so that you have time to restore your account. But that's not even the point, it's just trading, but the 13% commission on the market is already too much, it is impossible to speculate with such a commission, since most of the profit is lost due to the commission. In general, now it is impossible to speculate on the Steam market, then what's the point in all these price charts? I know a lot of people have said this already, but I'm just saying it again. Actually Valve, you killed the market ...

So if I go on the market there won't be millions of items posted and millions of transactions occurring? There will? How do you define killed then me wonders. Because an active market place doesn't seemed killed to me.

#11

Mad Scientist 8 Jul, 2021 @ 7:38am

Originally posted by Vallera:
Originally posted by Count_Dandyman:
seems somebody missed the whole part about how you aren't supposed to be trying to speculate with anything on Steam in the ToS
I say it again, I didn’t try to do it, because it’s unprofitable. And again, they make the live market themselves.

If Valve killed the market and the market is "unprofitable", how did I make ~$51 selling a few skins and bought an expensive software package during the sale?

Though I would like their 'commission' reduced a tad, since they're just digital items and not fresh purchases.

#12