Whys all old CSGO skin prices are going down?

[𝗔𝗔𝗥𝗩𝟲𝟭𝟳]

Hey guys why after the new csgo update the old skin prices are going so drastically down?
Be it any gun skins or even agents...

[Cathulhu]

Supply&demand.
Less demand = lower prices.

[cSg|mc-Hotsauce]

New Operation means people are dumping their old junk for the new stuff.

[𝗔𝗔𝗥𝗩𝟲𝟭𝟳]

@Cathulhu , @cSg|mc-Hotsauce
so will the demand or the prices will go up or it will just keep on going down??
i have heard old is gold here in the skin market but it is looking not good for now...
also if the prices will go then when can we expect that upward price graph?

[cSg|mc-Hotsauce]

Depends on how much users are willing to part with some old stuff to invest in the new, more profitable stuff before prices stabilizes.

[76561199132043568]

my ♥♥♥♥ went from 3 dollars to like 1 bruh wtf

[Maritimes]

People getting rid of their inventory to stock up on the discount stickers. Once the stickers are gone they will inflate in price.

[Maritimes]

Once the stickers are gone, give it a month or so and things should balance out. It's a good time to buy the skin you wanted. bad time to sell.