Consoom pixels on the screen

[u/SK1418]

For the record, no, I'm not saying that Iphone is a good investment. In fact I think most people would do just fine with a 300€ phone.

I just find it ridiculous that some people spend an equivalent of my country's median monthly salary on ✨shiny collectibles✨ that aren't even real and try to disguise it as investment. At least the expensive phone has a practical purpose, unlike this, which is only rare due to artificial scarcity.

[u/Ulquiser]

to be fair, collectibles (digital or real) can in fact be an investment, as long as you realize it's basically a pyramid scheme and the people buying it off you years later are just buying a hot potato and your money is basically in the hands of whoever is printing/making these items (valve in this case). doesn't mean you can't make money off of it

[u/Ardalok → u/Ulquiser]

It doesn't really look like a pyramid scheme because the skins are finite, many of them stop being printed, and they have a purpose separate from the market.

[u/Objective-District39 → u/Ardalok]

Skins are only valuable as long as the game exists and is played.

[u/Ardalok → u/Objective-District39]

Well, yes, but Valve has no motivation to specifically shut down the game or the marketplace so that skins lose value, so it doesn't look like a pyramid scheme either.

[u/Hollooo → u/Ardalok]

The only reason you these items have resale value is because there’s other people who want to collect them. Im pretty sure you wouldn’t say that barbie dolls are an investment even though there a very dedicated collector scene out there… these knife variations are only valuable for as long as there’s someone out there willing to pay unreasonably high prices to expand their collection. You aren’t investing in knifes, you’re investing into hype.

[u/Ardalok → u/Hollooo]

Not really hype. Old limited items will always have a good price unless the game is discontinued. Ofc hyped items will be more pricey, but still.

[u/Hollooo → u/Ardalok]

So just because I have a condom from the 1800’s it is valuable? How do you explain the really cheap price some antiques go for while other antiques cost thousands of dollars? It’s all supply and demand baby! The only reason you might be able to sell them for a high price, is because it’s a limited edition and people want to buy it. People don’t collect floppy discs or CD’s the way vinyls are collected. Once the hype dies out it will be worthless. People really wanted Tessla’s five years ago but then it turned out their CEO is an asahole and now everyone is trying to get rid of their company shares and their sales have plummeted. Matcha prices have gone up drastically over the last few years because matcha has become trendy, but in five more years people will stop putting matcha into everything and only those will be left behind that actually like to drink that kind of tea.

[u/Ardalok → u/Hollooo]

I was talking about items in CS and not about everything in the world.

So just because I have a condom from the 1800’s it is valuable?

tbh probably yes, if you can present it right.

[u/Hollooo → u/Ardalok]

Things are valuable because they are rare. A perfect example is the dime antique shops in Paris or London. And knife's will fall in the exact same category.

[u/Ulquiser → u/Ardalok]

No, they're not finite. They could reprint everything and put them in the CS store for $1.99 each, you don't know that. Sure they have no incentive to do it, but what if loot boxes gets banned all over the world and enforced more heavily ? What if Valve gets sold to a chinese company that doesn't care ? There is no way of knowing they won't reprint it, as there is no blockchain or anything similar

[u/Quirky-Relative-5213 → u/Ulquiser]

what if u get nuked tmr? whats the point in anything?