Why do some items sell for 100x their price on the market

[Xyspa]

I have an item on my inventory worth 0.29€, when i saw the price history i saw that alot of times they sold for 100€+ , And this happens arround 10 times a day, so i have been wondering why does this sometimes happens? Is it a bug? Or are people just making huge overpay for some reason?

[cinedine]

Second one. Either because they are that stupid and have the money to burn or more likely because it's the only way to transfer wallet money on Steam.

[Darren]

Usually a lot of these overpays are a result of people that have hijacked someone elses account and are using this to transfer out the money.

[Matt]

It also is a way to "sell" an expensive item that can't be listed on the market...

[【K A M I N A】]

Steam should cap the prices of certain items to keep its average.

[Matt]

Messaggio originale di Kamina:

Steam should cap the prices of certain items to keep its average.

They are not going to prevent someone for selling an item for more than it's worth.

[CarlinFan]

Free Market YEEEEEEEEEAAAHHRRR!

I've currently got a Postal 2 Gary Coleman card for sale at 120€ iirc. Or maybe even more. Nobody will ever buy it, but I think that's what my Gary's worth, if not more. :)

[_Soj_]

They're likely part of a transaction that was done in lieu of cash...

[CarlinFan]

...like human trafficking.

[僕の名前 (仮)]

Those spikes are annoying because even single of it change scale of graph and other sales look like flat line. Graph become useless.