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It's not clear from steam's information whether the donaters were given anything for this sale. If their games were donated for free as claimed, steam made a huge amount of cash off them. In addition to that, by allowing their cards and backgrounds to be converted into gems also prevents the developers from making their tiny percentages off of those items as well. In this situation, I don't see the benefit to any of the devs. I'm hoping steam gave them a cut of the overall gem sales, but we don't know that at all.
All we know is steam made a lot of money off this and the majority of winners over paid for games and a lot of users were tricked into thinking there were free things involved. I haven't seen a single valid argument against any of this in the entire thread.
Anyway, you can be sure this event will happen again or it will be a different Market scheme to part you with your money in the typical steam holiday spirit of "Giving" (to Steam). There's not enough Community to influence steam any differently and the Holiday Profile alone will guarantee it.
Merry Christmas
Good Post!
Not really. Some probably did craft the backgrounds and emotes of games, but the vast majority of users liquidated the Steam Summer sales and Holidays sales items, as they were all worth 100 gems each. It's not really worth buying the cheaper items when they only give 60 to 80 gems for roughly the same price.
Do you have any proof that the "majority" of winners "overpaid" other than speculation? I got a great deal on Music Creator 6 + sound packs during the auction. Even the people that paid 30,000 to 40,000 gems for games like Shadow of Mordor, they only paid $12-$16 if they got sacks of gems for $0.40, which was really easy to do if you snatched up the sales event emotes and background early enough.
So, I seriously doubt anyone spent too much, let alone more than the list price. Maybe a few people got caught up in the hype, but the vast majority of people that I have talked with have all said the same thing: they got in on gems early, got a lot for really cheap, and they got games for really cheap because of it.
That doesn't mean that there aren't valid arguments against your points. I'm presenting them right now. Don't rely on an echo-chamber for validation.
Oh, yes, the horrible "scam" that was carried out in the imaginations of so many. So many people have this miles-long list of victims that were scammed by the auction, yet I would venture that nearly all (if not in fact all) of those "victims" are imaginary straw men. Every single person I have talked to that won something like the auction. They got stuff for really cheap and most had enough gems left over to craft some boosters, too.
It's also convenient that no one bothers to mention how, literally, thousands of users who were trying to sell their worthless sales event items have now, finally, been able to do so. It created a demand for these otherwise worthless items. People got them sold and Valve got a lot of listings removed that had been sitting around for over a year, if not several months.
You can complain about how those with more money have an advantage, but that's ALWAYS been the case in Steam's events. Even the one where you unlocked stuff by getting achievements. In order to get some items, or to get all of the items you wanted, you very well might have had to buy a game to earn another achievement. It was easy for those that huge libraries, but it was tough for those that did not.
Lastly, even when we take the peak trade-value of gems during the auction (roughly $1.25), you could still get games like ROTT for under $1.50, Kingpin for about $1.35, and many other titles for less than their 75%-off sales price. And, again, that's at PEAK valuation. If you got in on the $0.03 backgrounds, then ROTT would have cost you around or under $0.40 and Kingpin would be $0.33 or so.
If you thought the auction sucked and there were no good deals, then you have no one to blame for that but your short-sighted view and insistence that it was terrible. If you looked, there were good deals to be had, even for those that got in the action once the auction started. But it seems most would rather complain and make up false arguments about how people were "ripped off" and "duped" and "scammed" when the factual evidence seems to fly directly in the face of such accusations.
Anyways, just my view and $0.02-worth as someone who not only enjoyed the auction, but got an astoundingly amazing deal from winning one of the bids.
Happy Holidays and a Happy New years!
WELL SAID.
And by 'auction' I don't only mean the auction but what the auction was doing to steam community market as well. It was crazy.
Now we have to wait months for another cool event. :/
Yes compared to the sale the auction was awesome. I was litterally too excited to visit steam auction. That was the most games i got in a single day and doubled my account's games
Hope for summer auction with different games
+ rep for Illuminati as well
I know that the Auction favors the higher currency even though i use PHP as my price point I still got better deals than what the current sale is offering. lowest i have is still 25% off current sale price. HIghest is 75% while most were still 50% off sale prices
You're confusing the words scam with scheme. Different meanings entirely and nothing I said there was not true unless Steam doesn't have another auction event.
No surprise that winners were happy to win or that the winners had a surplus of gems left over... just supports my stance again.
This has been mentioned in almost every post I made and many others as well, so you're wrong about that. Again, you don't read the thread, you just think you're opinion is unique and the facts prove otherwise.
I've not complained about it, I've only made the statement as a factual observation since we both agree that it is true.
Buying a game that you play for enjoyment with the return of a gift is not the same thing as an auction geared to liquidate the inventories of high level steam badge crafting hobbyists.
That doesn't have much to do with the fact that high level users still outbid low level users as well as jacked prices up on all gems in order to over spend for the Holiday Profile which skewed the entire event.
Every loser had gems left over and even the gem to badge crafting conversion was skewed. 1200 gems to craft a badge where the cards were only .20. You still had to buy excess gems to do that and it's still an alternate currency that you can never spend the exact amount of.
How am I to blame for the auction event? I didn't create the auction. I also never said that the auction "sucked" or that "there were no good deals". I also never said it was "terrible" so you're just way off base here, lying, judgemental and sounding less civil. I'll respond in kind although I prefer civil and accurate: Maybe your narrow minded, biased, hypocritical views are limited to the small amount of opinions you found amongst your friends. You speak of "factual" evidence and accusations while getting everything you're saying I said incorrect.
Sure, I'm not privy to the indiviudals you talked to, and yes, I'm basing my statements off the many discussions/arguements presented in this thread. I was active the entire thread; the thread ran front page the entire event, and I've read every post here. While there is not 1000 different individuals here, this was THE thread to voice support or complaints and I will assume it has a broader perspective than just the (x)amount of people you talked to.
The auction, as you and myself and many, many others pointed out, was intended to liquidate the vast inventories of the steam level hobbyists such as yourself, who specifically spends money on leveling their badges. As everyone can agree on that then it's also safe to say they benefitted significantly more in this auction. What percentage of wins do you think went to high level vs low level? What percentage of losses were high level vs low? It doesn't take a math expert to figure that out.
There were only 200,000 winners (a lot to be sure) out of the multi-millions of people who got nothing or even had a chance in competing as the OP pointed out. Every time you won something for free with your inventory there were tens of thousands of losers that were outbid. Sure that's how auctions work, but the "free*" currency was just less available to most. A lottery would have given even the poorest a chance at winning.
I stick to what I said and found enough support in the thread to feel very confident about my statements. I'm not interested at this point in re-hashing individual things that have already been stated, especially since the majority of the supporters have been high level or hidden level and don't address every issue, only the ones they choose to defend.
-loose, unsellable, uncraftable gems still left in inventories
-an alternate currency that sits in your inventory only spendable by purchasing more and never having an exact amount - wii points, xbox... now steam gems
-$5 minimum buy-in for any gem purchase requiring steam wallet
-lottery would have given everyone a chance
-high steam level crafters had an exponential advantage over low levels
-low levels did craft their entire inventories to get a small handful of gems taking the small profit from devs on those items.
-WAY more low levels than high level, so add them all up its significant I'm sure. Now they have gems, no inventories and no way to convert the gems without buying more.
So it's no surprise that you (L54) support the auction or that you benefitted from it (or that sara_bear (L123) thinks it was well said or Al Chemist (L150) has been claiming the same). I think your bias is exactly proving the statements I've made. This event was for you, not for the millions of lvl 7's out there.
Anyway, I'm going to play some games, you can craft your badge some more or w/e.