Why do we have to wait 1 week to trade after buying an item?

[xXxHussarxXx]

Just because half the community is dumb enough to get scammed doesn't mean that I have to wait a week for this ♥♥♥♥.

[Catmality]

because appartenly that means its safer for the community. if we wait one week that means things will be safer.

[xXxHussarxXx]

Originally posted by Catmality:

because appartenly that means its safer for the community. if we wait one week that means things will be safer.

well i bought an item a week ago and the price has dropped since than
I am losing money every time I buy an item.

[Smug]

Originally posted by Cpt. ♥♥♥♥♥♥♥♥:

Originally posted by xXxHussarxXx:

well i bought an item a week ago and the price has dropped since than
I am losing money every time I buy an item.

That's it :)

When you buy an item you can't trade it. That makes you sell it with Steam Market where Steam get fees. Want to sell it for real money? Nah, you can't as you need to wait 1 week - and price gettin' lower. They just want to earn money, that's all.

Regards.

wow i didnt realize how cheap valve was

[Mr.ShiShi]

I don't fully think you know why the ban came to be. Scammers used this method of setting up a fake credit card, buying a game, trading it or selling it over paypal for say another game or item, then afterwards the credit card would bounce, the scammer's game would be taken away, and the scammer had one free gift or item.

[Sebastian Nielsen]

No it hasnt with scamming to do. It has with credit card chargebacks to do. Waiting 1 week ensures that the credit card used was not stolen. By locking down the item until valve can be sufficently certain it will be no chargeback, prevent other people from receiving stolen items.

The protections from scamming/become scamming affects the WHOLE account, not just the item. For example the steam guard limits and password reset limits that completely blocks trading.

If steam didnt have this 1 week limit, he could buy a item with a stolen credit card, and them trade it into perpeteeum and do multiple circle trades so it become almost impossible for valve personell to rollback the trade. The only option valve has then, is revoking the stolen items, eg deleting the stolen items from whatever account the stolen items happen to be at, thus that user loses BOTH the item that he received AND the item that was pushed in the trade window.

Note how valve writes in the FAQ that trading in the trade window is not always 100% safe from item loss. Most trades will be rollbacked, eg you get back the item that you traded, when the stolen item is taken back, but if that is not possible, for example the itraded tem (that was traded for the stolen item) was sold on market by the scammer and then the scammer did purchase another item with the stolen money and traded away, then valve will be harsh and simply take the stolen item from you, without reimbursing the item traded away.

The 1 week limit is thus a safety for both you, and other people. If it happens to be a cc chargeback due to stolen card, the item will remain on fraudster's account and it can simply be taken back without hurting anyone else than the fraudster.

Note that even with the 1 week limit, CC chargebacks can be happen after that 1 week limit, and you can STILL LOSE ITEMS TRADED IN THE TRADE WINDOW! Thats why Valve puts so much emphasis with "Do not trade with strangers, even if all items traded is inside trade window!"
Most chargebacks however happen very qucikly when the card owner notices the suspcicios charges, thus its possible for Valve to have a 1 week quarantine period. This is made possible due to the most CC companies have a "internet account" where you can check the statement. If this woun't be possible, Valve would have a 30 day quarantine period because the CC bill and statement come in the mailbox once a month.

[xXxHussarxXx]

Originally posted by Sebastian Nielsen:

No it hasnt with scamming to do. It has with credit card chargebacks to do. Waiting 1 week ensures that the credit card used was not stolen. By locking down the item until valve can be sufficently certain it will be no chargeback, prevent other people from receiving stolen items.

The protections from scamming/become scamming affects the WHOLE account, not just the item. For example the steam guard limits and password reset limits that completely blocks trading.

If steam didnt have this 1 week limit, he could buy a item with a stolen credit card, and them trade it into perpeteeum and do multiple circle trades so it become almost impossible for valve personell to rollback the trade. The only option valve has then, is revoking the stolen items, eg deleting the stolen items from whatever account the stolen items happen to be at, thus that user loses BOTH the item that he received AND the item that was pushed in the trade window.

Note how valve writes in the FAQ that trading in the trade window is not always 100% safe from item loss. Most trades will be rollbacked, eg you get back the item that you traded, when the stolen item is taken back, but if that is not possible, for example the itraded tem (that was traded for the stolen item) was sold on market by the scammer and then the scammer did purchase another item with the stolen money and traded away, then valve will be harsh and simply take the stolen item from you, without reimbursing the item traded away.

The 1 week limit is thus a safety for both you, and other people. If it happens to be a cc chargeback due to stolen card, the item will remain on fraudster's account and it can simply be taken back without hurting anyone else than the fraudster.

Note that even with the 1 week limit, CC chargebacks can be happen after that 1 week limit, and you can STILL LOSE ITEMS TRADED IN THE TRADE WINDOW! Thats why Valve puts so much emphasis with "Do not trade with strangers, even if all items traded is inside trade window!"
Most chargebacks however happen very qucikly when the card owner notices the suspcicios charges, thus its possible for Valve to have a 1 week quarantine period. This is made possible due to the most CC companies have a "internet account" where you can check the statement. If this woun't be possible, Valve would have a 30 day quarantine period because the CC bill and statement come in the mailbox once a month.

Oh...

[BHibbles]

There should at least be a way to disable it :D

[Mr.ShiShi]

Originally posted by BrownMan:

There should at least be a way to disable it :D

if you could disable it, what would be the purpose of having it?

[BHibbles]

Originally posted by Mr.ShiShi:

Originally posted by BrownMan:

There should at least be a way to disable it :D

if you could disable it, what would be the purpose of having it?

Well, if you Disable it, you wouldn't need to wait the time. Hence, many businesses people have used.

[Mr.ShiShi]

Originally posted by BrownMan:

Originally posted by Mr.ShiShi:

if you could disable it, what would be the purpose of having it?

Well, if you Disable it, you wouldn't need to wait the time. Hence, many businesses people have used.

Well I mean it's like why have a prison if prisoners can just decide not to partake in jail time? If you have a rule but you can easily go around it, does that rule really do anything?

[BHibbles]

Originally posted by Mr.ShiShi:

Originally posted by BrownMan:

Well, if you Disable it, you wouldn't need to wait the time. Hence, many businesses people have used.

Well I mean it's like why have a prison if prisoners can just decide not to partake in jail time? If you have a rule but you can easily go around it, does that rule really do anything?

The rule just has killed sever people's profits, and personally, I find it waste of time.

[xXxHussarxXx]

I blame the Jews

[Doc Jay]

Originally posted by Hakob One Man Auschwitz:

I blame the Jews

Username checks out

[Bleh]

Originally posted by Hakob One Man Auschwitz:

Originally posted by Catmality:

because appartenly that means its safer for the community. if we wait one week that means things will be safer.

well i bought an item a week ago and the price has dropped since than
I am losing money every time I buy an item.

Well you get a free case worth pennies. Spend $2.49 for a key which goes entirely to Valve. You get something good and bam, they take another cut. And in the end, where does the money go, onto your steam account so you can't even use it except to buy more junk or a new game. They take real $$$ but won't ever give it back. Valve is like a Casino, that gives you manufacturers coupons back when you win.

[Sky Flare]

Originally posted by Bleh:

Originally posted by Hakob One Man Auschwitz:

well i bought an item a week ago and the price has dropped since than
I am losing money every time I buy an item.

Well you get a free case worth pennies. Spend $2.49 for a key which goes entirely to Valve. You get something good and bam, they take another cut. And in the end, where does the money go, onto your steam account so you can't even use it except to buy more junk or a new game. They take real $$$ but won't ever give it back. Valve is like a Casino, that gives you manufacturers coupons back when you win.

And yet, look at how many people spend hundreds of dollars on it on a daily basis.
It would be silly of them to not exploit such a degree of human stupidity.