I heard of someone being banned for having a bot doing this, but Peroxide is right - I've never heard of anyone being banned for it manually.
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10k's worth of cosmetic items and keys, valve banned the accounts.
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"Steam support has deleted all my TF2 items, worth aproximately $10,000, including: 2261 TF2 keys, 52 salvaged crates, 3 craft #1's, 3 earbuds, a Max head and an Unusual (worth ~3 buds), and a couple of vintage timebreakers and a Dragonclaw hook (Dota 2 items), as well as adding a 52 week community and trade ban on those accounts. However, I am allowed to buy and gift games from the steam store on those accounts, as well as activate cd keys, so its not a full account lock."
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What keys are you going to buy that are low, though? I checked yesterday, and the lowest I saw was about 1.20-1.30
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I honestly don't know what that is, but I assume they are keys with a low-price due to an error.
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Someone accidentally lists a key for 20 cents instead of $2, for instance.
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200 limit per year * 5 cents = $10. Is that really worth it? o.o
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The United States Internal Revenue Service requires us to report gross sales for, and provide IRS Form 1099’s to, only those subscribers who are U.S. citizens or residents and who exceed 200 sales transactions in a calendar year and also exceed $20,000 in gross sales proceeds from those sales transactions in that same calendar year, from all of that subscriber's accounts. If you are a U.S. citizen or resident and exceed both of these thresholds, we will report the amount of gross sales to the IRS and provide you with Form 1099.
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The reply was to jatan11t.
I am well aware of what it states as I am also not in the USA. Although if you want to be specific, you are incorrect that it only applies to those in the USA as they requested my information once I reached 200 sales.
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What hes trying to show is that the taxes only apply to US citizens, they ask for your info to determine if that applies to you. If you were American after 20k taxes would kick in, since you're not and you have shown them proof that you aren't, you are exempt.
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Where do you think I received the information from of 200 sales and $20,000 from? I was well aware of what he posted, in fact, I thought it was only $10,000 until I had checked that exact paragraph before posting!
As I've already said once, I wasn't replying to ArtyX7 initially, I was informing jatan11t that 200 was not the limit. I can only assume ArtyX7 is a bit unsure of how the replying works and assumed since I was underneath him, I was replying to him which is not the case. (Perhaps that's why you're trying to defend him now too? lol)
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I'm not defending anyone. His post was replying to you saying they would report it to the IRS, when he already said he is not a citizen. It says nothing about the 200 limit not applying, as you seem to have interpreted him.
After the 200 limit, as you are not a US citizen they won't report your taxes to to the IRS ever, the 20k threshold does not even apply. If your country taxes digital purchases you are of course free to file that at your discretion but Valve will never 'tattle' on you.
I do know how the forum works, thank you. I'm sorry if you thought you were having a private conversation.
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I feel like your time HAS to be worth more than $0.05 per ... what does it take, like 2 minutes maybe to buy and relist a key? so, x30 = $1.50 per hour. Is it really worth it to be making $1.50 per hour? Go mow some lawns or something.
edit
On second thought, 2 minutes may be high. Let's say 1 minute. But that's still only $3 per hour. Which still doesn't really seem worth it.
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I think he meant buying from the tf2 in game store and selling it in the market, in that case, im pretty sure u won't get banned, but they may turn to increasing the prices of keys in the tf2 store in your region
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Doubt you will get alot of profit unless you buy stuff that cost alot per item and are in short supply. But yeah.. its a market.. thats the idea behind it :P
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Yes you will be banned after a certain amount. The market will advise you when he asks for your address and country after 300 ~500 sold itens.
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Thats after 200 items as has already been stated and doesn't stop further trading at all.
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I have over a thousand transaction from doing this and have made over $100, no ban or warning or anything else from doing that.
Logic says there is no reason to mind in the least. They make anywhere from 2 cents upwards per transaction, so if you buy at cheap prices and sell for more, they are making at least double the amount they would make from someone who just buys for the sake of crafting badges.
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Buy low, sell high constantly on Steam Market can get me banned? Like buying 100 keys and selling that amount per day can get you a ban?
Edit: I don't use bots, keys are cheaper in the store than the market where I live.
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