#site update32 comments

After some time away from the site I've decided to call it a day. My time commitments to other people and projects have made it difficult in keeping this site updated. I want to thank every one of our site's developers, contributors, donators, and of course our visitors. Many of you have been generous with your time, donations, and even simple things such as commenting on posts or adding to discussions. Without all of you this wouldn't have been possible and for that I personally have a great sense of gratitude.

A price guide aimed at giving TF2 traders a reliable and accurate idea of value was always our goal. The trade scanning software was a great leap in allowing for the most accurate peek into actual trades. As someone who knows intimately how the real stock market works I can tell you that actual trades are the only market prices. I see trade.tf as having the right methodology and recommend that you give them a look. I have no connection to their site, I only have read how their own software works.

Good luck to everyone,

Admin

ps. In response to some inquiries, the url, the site code and the trade scanning software code are available for sale. Serious inquiries can email me directly. Also, we will be doing a final giveaway to be announced later (not yet so don't post here for it).

By Admin on Feb 23rd at 11:42am EST.
#site update15 comments

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By Admin on Feb 12th at 10:29pm EST.
#contest53 comments

#17 'Derouse' (http://steamcommunity.com/id/cococompact/) wins and should add me and then from my profile page, select 'offer a trade' requesting the item.

This contest is for 1 Mann Co. Strongbox Key. To participate, read the instructions below.

  1. Login through Steam. Post one comment in this thread.
  2. We will take only the first 50 posts as eligible entries. If you are #51 or after, sorry you will have to wait for the next contest.
  3. After we have 50 entries, the winner will be chosen with random.org's random number generator. First post is number 1, etc.
  4. One entry per person.
  5. When the winner is selected they will need to add my profile from the FAQ to claim his/her prizes. If your account can't add mine and others, you cannot win.

One winner will receive:

  • Mann Co. Strongbox Key

By Admin on Feb 11th at 4:13pm EST.
#contest27 comments

.#13 'Mike Wazowski' (http://steamcommunity.com/profiles/76561198043494163/) wins and should add me and then from my profile page, select 'offer a trade' requesting the item.

This contest is for 1 Air Raider. To participate, read the instructions below.

  1. Login through Steam. Post one comment in this thread.
  2. We will take only the first 25 posts as eligible entries. If you are #26 or after, sorry you will have to wait for the next contest.
  3. After we have 25 entries, the winner will be chosen with random.org's random number generator. First post is number 1, etc.
  4. One entry per person.
  5. When the winner is selected they will need to add my profile from the FAQ to claim his/her prizes. If your account can't add mine and others, you cannot win.

One winner will receive:

  • Air Raider
By Admin on Feb 10th at 6:47pm EST.
#contest53 comments

.#14 'Silver (%u25C9 %u03C9 %u25C9`)%uFF1F' (http://steamcommunity.com/id/Suwak0/) wins and should add me and then from my profile page, select 'offer a trade' requesting the item.

This contest is for 1 Mann Co. Strongbox Key. To participate, read the instructions below.

  1. Login through Steam. Post one comment in this thread.
  2. We will take only the first 50 posts as eligible entries. If you are #51 or after, sorry you will have to wait for the next contest.
  3. After we have 50 entries, the winner will be chosen with random.org's random number generator. First post is number 1, etc.
  4. One entry per person.
  5. When the winner is selected they will need to add my profile from the FAQ to claim his/her prizes. If your account can't add mine and others, you cannot win.

One winner will receive:

  • Mann Co. Strongbox Key

By Admin on Feb 9th at 4:07pm EST.
#valuations4 comments

We received a question via email on how new items are priced and wanted to show a little more color on how values are derived. First off, for those who don't know: we use actual trade prices. We never use prices from people 'voting' on item values. Market prices are what people actually pay, not by what they vote. We use Trade Scanning software that gives us these real trade prices (read more about that in our FAQ), as well as trades witnessed by our contributors.

Here's how the prices work. A new item will trade and we'll put the price in the database. For this example, say it just sold for a key. Then another trade of the same item happens at 4 refined metals. We'll update the price to reflect that spread. In this case it would be '4 - 7' which is the lower range at 4 refined and the higher one of a key translated to the current price of metal. As we get more prices we will use them to pinpoint the narrowest range of market prices. In our example, say a trade then occurs for the same item at 3.33 refined. The market price range would then be '3.33 - 4'. As successive trades occur we will keep adjusting the price to its equilibrium which typically takes a few weeks to find. A mature item then has slight movements in price but rarely trades with the volatility of when it is new.

By Admin on Feb 9th at 12:28am EST.