Live data from Hacker News

Counter-Strike's player economy is in a freefall

polygon.com

481–490 of 617 posts

Re: Counter-Strike's player economy is in a freefall

#481

I used to work at Valve -- on the CS:GO team, no less -- although I left nearly a decade ago. I don't know what prompted this change but I have some suspicions. Even when I was there and the loot box system was new to CS:GO, there were concerns that a lot of trading was happening outside of the marketplace. The trading happened elsewhere because you can't have more than $300 in your Steam wallet (more than this would…

[deleted]

Re: Counter-Strike's player economy is in a freefall

#482
post #411

Earlier quoted context omitted.

Relying on the sanity and/or consistency of government policy would keep me up at night.

I would sleep perfectly soundly if it relied on politicians not wanting the plebs they subjugate to have easier access to machine guns, which is what keeps their value up. As for current NFA items holder, the constitution requires them to be compensated fair value if they are to be confiscated. The risk is arguably lower than many single stocks, many of which are bought in retirement portfolio.

> As for current NFA items holder, the constitution requires them to be compensated fair value if they are to be confiscated.

Where is that in the constitution?

Re: Counter-Strike's player economy is in a freefall

#483
post #140

Earlier quoted context omitted.

They did this to take a bigger cut of the market because most trades happened off-platform. This new update ensures that they will sell more of their new items through their shop (contract cases) because it's going to be the only way to get the red items to fuses into "valuable" knives. They're rotten to the core.

> most trades happened off-platform I thought it was impossible to trade off platform? All item trades happen within Steam, they have an API to facilitate it and everything.

[deleted]

Re: Counter-Strike's player economy is in a freefall

#484
post #482

Earlier quoted context omitted.

I would sleep perfectly soundly if it relied on politicians not wanting the plebs they subjugate to have easier access to machine guns, which is what keeps their value up. As for current NFA items holder, the constitution requires them to be compensated fair value if they are to be confiscated. The risk is arguably lower than many single stocks, many of which are bought in retirement portfolio.

> As for current NFA items holder, the constitution requires them to be compensated fair value if they are to be confiscated. Where is that in the constitution?

5th amendment

Re: Counter-Strike's player economy is in a freefall

#485

Earlier quoted context omitted.

No one claimed that. The point was that Valve controls the API and can cut access to said API to the gambling sites. This is not like sports betting, where the gambling sites don't need any integration with the actual sport : if Valve wants, they can seriously affect the abity of the sites to function.

>Don't they provide the API that those sites use?

Yes, they provide the API that those sites need to function. That doesn't mean the API is exclusively for those sites. Just that Valve is the one enabling those sites, they're not completely independent.

Re: Counter-Strike's player economy is in a freefall

#486
post #482

Earlier quoted context omitted.

> As for current NFA items holder, the constitution requires them to be compensated fair value if they are to be confiscated. Where is that in the constitution?

5th amendment

I think you may have to check the text again? The 5th amendment says you get due process, and requires compensation if something is taken for “public use”.

Passing a law which you can challenge in court that says “machine guns are illegal now, turn them in so we can melt them down for scrap” is not public use.

Re: Counter-Strike's player economy is in a freefall

#487
post #486

Earlier quoted context omitted.

5th amendment

I think you may have to check the text again? The 5th amendment says you get due process, and requires compensation if something is taken for “public use”. Passing a law which you can challenge in court that says “machine guns are illegal now, turn them in so we can melt them down for scrap” is not public use.

Taking it for the public smelting furnace for the state to melt down under the auspices of public safety is a public use.

Re: Counter-Strike's player economy is in a freefall

#488
post #371

This article is making me laugh. Guy I used to play Diablo + Destiny with mentioned once that he had just sold a knife in CS for 4k, and was going to buy his first (used) car with it. We thought he was joking.

I sold my old skins CS from 2013 last month. I bought a Pixel 10 Pro with the proceeds and I still have some cash in my wallet.

So this article is very funny to me too.

edit: I did try to warn you all: https://news.ycombinator.com/item?id=44943123

Re: Counter-Strike's player economy is in a freefall

#489
post #486

Earlier quoted context omitted.

I think you may have to check the text again? The 5th amendment says you get due process, and requires compensation if something is taken for “public use”. Passing a law which you can challenge in court that says “machine guns are illegal now, turn them in so we can melt them down for scrap” is not public use.

Taking it for the public smelting furnace for the state to melt down under the auspices of public safety is a public use.

You can pretty clearly see this isn’t the case. Prior to the reversal of the bump stock ban, owners of bump stocks were required to surrender or destroy them.

Re: Counter-Strike's player economy is in a freefall

#490
post #467

Earlier quoted context omitted.

I would sleep perfectly soundly if it relied on politicians not wanting the plebs they subjugate to have easier access to machine guns, which is what keeps their value up. As for current NFA items holder, the constitution requires them to be compensated fair value if they are to be confiscated. The risk is arguably lower than many single stocks, many of which are bought in retirement portfolio.

> As for current NFA items holder, the constitution requires them to be compensated fair value if they are to be confiscated. There's plenty of ways to not confiscate them but impair their value. Further restrictions on transfer, restrictions on use, disadvantaged tax treatment, requirements for storage, security, insurance, bonding, etc.

The government has imposed most of those on gold at various times yet it continues to be a component of many investor portfolios.
Post reply on HN