CS GO skin price spike

[Gender Bender]

Hey everyone!
Now there is something I can’t wrap my head around. I got a skin in csgo from a case and it’s the glock vogue skin (minimal wear) When I got it it was 5€ and when I checked on the price some time later it was on 8€ so I put it up a litle bit cheaper so I could quick sell. Apparently no one bought it and I tought the price had crashed but noooooooo. Now it’s up to 11.80€ and still it wasn’t bought so I have no idea what is going on XDDD.
(BTW I took it down and set it up for sail again for 11.5€)

[cSg|mc-Hotsauce]

It has to do with the 3rd party website bot owners getting scared and don't want this to happen...

https://www.youtube.com/watch?v=aNCc69Xq18s

They were laundering money and crypto using the Steam inventory system through their websites.

They're freaking out and trying to mass selling their stuff hoping not to get banned as well.

And the bot owners freaking out is making regular users freak out and the prices go wild.

Just a loop until things crash again.

[cSg|mc-Hotsauce]

Originally posted by puffy.:

noone can post new stuff, it just not showing up in the listings, supply and demand, the stock getting emptied and its not getting replenished hence why the price keeps going up

I listed 18 more cases today. They all went through and sold already.

[rawWwRrr]

Originally posted by cSg|mc-Hotsauce:

They're freaking out and trying to mass selling their stuff hoping not to get banned as well.

"their" stuff.

I'd love to know how much of the other users' stuff is being dumped on the market without them knowing about it.

[cSg|mc-Hotsauce]

Originally posted by puffy.:

Originally posted by cSg|mc-Hotsauce:

I listed 18 more cases today. They all went through and sold already.

stop trolling, he clearly said skins

"This item is a commodity, where all the individual items are effectively identical. Individual listings aren't accessible; you can instead issue orders to buy at a specific price, with the cheapest listing getting automatically matched to the highest buy order. Read more about buy orders."

cases dont show up in a listing with profile pictures next to them, neither you can choose who you buy from

Sold 3 m4 basilisk an hour ago.

[rawWwRrr]

I've been waiting on an item to sell for several weeks now, but for other reasons....