I am wondering because I suspected it for quite a while. About 30 minutes ago I was watching the changes in "Operation Phoenix Weapon Case"(Watching Cleveland vs Boston so had it open) and noticed 600 buy orders appear suddenly for $0.06 when the sell price rose to $0.07.
Couple minutes after that the sell price went down to $0.06 with couple of pieces and all the 600 disappeared(Didn't decrease, disappear), few minutes later the same thing happened again.

Happened twice more since I made the thread. o.o

9 years ago*

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i doubt it
sometimes the market servers may get overloaded and that's why some market transitions only show up later, for example during the last esl one katowice (free money /o/) i won a case and it took me almost half hour just to show up on market, and i also noticed that they all showed up at once

9 years ago
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I don't think it can be the reason because there were no major changes in the sell category during that time, but about 4-5 times 600 items were removed and added again on the purchase side.

9 years ago
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They wouldnt do something as obvious as pushing through a large purchase to increase the fund. Unless you are saying they are actually buying and paying for those orders in an attempt to increase the base price, which would end up costing more than they would make.

9 years ago
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All they do is interfere with all the rules and restrictions they keep placing on/changing supposedly to safeguard us.

9 years ago
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"Safeguard"

9 years ago
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They don't need too, the Russian do it for them

9 years ago
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+1

9 years ago
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Something like that? Probably money laundering. Not that I'd point the finger at any one nationality.

9 years ago
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What you are describing happen when a user has an order that would fill their inventory, which is limited (in theory, not in practice) around 1000 items for CS:GO.

Valve is 'manipulating' the market but in other ways, they decide how much stuff goes into the market:
-The drop rate, and its schedule, and the amount of new 'Operations' and seasonal cases. Who would have guessed that Chroma 2 so quickly?
-In Dota 2, keys programmed extinction and The International Compendiums, but they mostly shut down its economy due to the game being f2p.
-I'm no expert in the TF2, but hats and buds were really a thing back then, and more recently, the introduction of Tickets.

Do you have any knowledge in markets/economics? All this make agents speculate through sell/buy walls and stocking stuff when cheap and selling slowly later on. Add to all these the kids that they don't know what they are doing and we have a mostly unpredictable market. It's really fun :)

In short, as stated by Varoufakis, the Steam market is a real economy, just without salaries or social benefits.

9 years ago*
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I would hope not, they are not some rinky-dink, fly-by-night company. They are a global entity and have many governments and other officials looking at how they maintain their service and conduct business. For them to interfere in their market and purposely fluctuate or conspire against their costumers, would prove to be the worst mistake they ever made.
Aside from Greenlight of course. And some Early Access. I joke, I kid... Not really.

I would assume the customers are the culprits of any interference in business as usual.

9 years ago
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Those are most likely market bots

9 years ago
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