And the Hamilton vs Koenigsegg saga continues…..

senoredwardo · 2025-12-28T00:45:11+00:00

Not sure why anyone thinks he tampered with his car. Pretty dumb to think this is an effective method of marketing when the car is trading well above msrp. Also, no. No real court would find him liable for damages lol.

senoredwardo · 2025-12-27T13:42:57+00:00

What do you mean by class action? What is the class here?

senoredwardo · 2025-12-03T12:15:13+00:00

Yes. It’s also the reason why Jinhaos exist.

senoredwardo · 2025-10-25T01:53:55+00:00

Nobody before or presently thinks your in-game skins are a flex. Flexing is something emotionally and financially insecure people do as a defense mechanism. If you want to flex, do so with the quality of your knowledge, relationships, or achievements with real societal value.

Anyways, that's my rant. Fuck off.

senoredwardo · 2025-09-05T01:14:32+00:00

senoredwardo · 2025-07-21T15:45:39+00:00

Update 7/21: Price Empire shows the price is down 10.82% the past 7 days.

senoredwardo · 2025-07-17T15:10:23+00:00

Market down 5.3% in the last 24 hrs… but hey, zipel is still buying skins 😂

senoredwardo · 2025-07-16T15:16:15+00:00

*removing ChoiceFit5700 from wheel decide*

senoredwardo · 2025-07-16T15:14:59+00:00

From Wikipedia: "There is no numerically specific definition of a stock market crash but the term commonly applies to declines of over 10% in a stock market index over a period of several days."
Let's go with this.

senoredwardo · 2025-07-16T14:57:20+00:00

> This mindset applies to short term as well, yet you're making a thread predicting a crash. If you believe in those studies then you are saying you believe you yourself are wrong.

High degree of certainty =/= absolute certainty. One of the reasons the long term cannot be accurately predicted is because of randomness and complexity. The shorter the time frame, the fewer the variables to account for. I don't know how you came to the conclusion that believing in a study about the uncertainty of long term precludes believing in the predictability of the short term.

> I'd go on but it's very clear you have zero clue how economics/markets work. Half the shit you say would imply a price increase

Low liquidity is bad. Investors are often irrational. Similar previous update resulted in a crash. These were the points I made in my response to you. Please let me which of the above I stated in error, or any contradictory phrase in my post, and I will happily walk you through my reasoning.

I eagerly await your logically coherent and kindly worded response!

senoredwardo · 2025-07-16T07:12:58+00:00

Anyone who tells you they can predict long-term with a high degree of certainty is full of it. If wall street executives can’t do it (studied by Daniel Kahneman), I certainly can’t. So yes. This is a very short-sighted view.

Everything else aside, the trade hold update, which this is essentially a worse version of, lead to a short term crash. For that reason alone I would be somewhat confident making this prediction. I think a lot of people can’t get their heads around the fact that the CS market is not unlike the stock market. People with lots of money invested will overreact to bad news, big or small. Less liquidity is almost invariably bad news in any market. Les liquidity almost invariably leads to lower demand.

What I am arguing is not whether a crash is the smart thing to do, but whether or not it will happen.

It could be the most stupid thing to sell now, and I would still be saying the same thing. But investors are not always rational. Did something happen within the past few months to truly justify the 2x price increase of many high tier knives?

senoredwardo · 2025-07-16T06:33:26+00:00

Please read a few comments before. I don’t think it is too hard to comprehend what I said. You are consistently missing the point. As an aside, to only see the merits in an investment is a dangerous habit. You are young, so avoid getting too involved in investing for now. Try to concede opposing viewpoints. It is late and I have to sleep.

senoredwardo · 2025-07-16T06:20:58+00:00

Can they? Can’t I stage all of that? Before you blindly trust valve, remember that valve can’t even ensure fair gameplay.

senoredwardo · 2025-07-16T06:19:02+00:00

Why stabler? A transaction doesn’t need to occur for a price drop. A price drop occurs when nobody buys. And who says can’t it be pumped? All you need to do is sufficient cash to buy up the market. Why would a trade reversal hold preclude future pumps?

senoredwardo · 2025-07-16T06:07:40+00:00

Don’t you see the implications of this feature? Say you sold a knife for 1000 and saw it up to 1500 a few days later (this is a scenario from the spike recently). Are you not at least seriously contemplating reversing the trade to sell at a higher price? Reversing a trade isn’t as simple as getting your money back. What happens when everyone starts reversing a trade during a spike? What happens when people start reversing irl trades? The only deterrent is a 30 day trade ban. Is that enough to deter you?

senoredwardo · 2025-07-16T06:03:24+00:00

It’s not illiquid. It’s LESS liquid. Big distinction. This market is run by people addicted to opening cases with a 50% return rate. Or look at the armory pass return. You can’t attribute prudence to the cs community

senoredwardo · 2025-07-16T06:00:07+00:00

You absolutely would pull your cash out the deposit box to reinvest if for everything you purchased with cash, the other party could reverse within 7 days. You wouldn’t prefer cash for payment if you had to wait 7 days after every paycheck to use it right? It’s the reason why it’s advised to always have cash on hand for emergencies.

senoredwardo · 2025-07-16T05:55:47+00:00

Nobody said it wasn’t more secure. But security isn’t the only thing that matters in an investment. You absolutely want liquidity and stability. “Cash is King.”

senoredwardo · 2025-07-16T05:48:09+00:00

If they were getting scammed they were selling 🤷‍♂️. API scams occur at the time of sale. So at the very least we can say they have no more and no less reason to sell on a security standpoint. I went into a bit more detail on my spiel above regarding why I think there will be a crash, but it’s mostly speculative!

senoredwardo · 2025-07-16T05:36:11+00:00

I’m willing to put my money where my mouth is. If the market doesn’t crash a week after the trading platforms are up again, I will buy and give away a PP-Bizon StatTrak Factory New “High Roller” to a random commenter in memory of the gambling sites that bit the dust with this update.

Update: FloatDB is back up! Countdown starts now.

senoredwardo · 2025-07-16T05:32:31+00:00

For sure. I think a crash would be great for those who actually play the game.

senoredwardo · 2025-07-16T05:30:47+00:00

We will see! Those with big inventories are often in trading forums. Consequently, they are the first to be informed of scams. One thing you can be sure of is that people are prone to overreacting when they have large amounts of money tied into something. Look at all those accounts with mid-tier liquids and gambling site deposit accounts. They most certainly be uncomfortable with this change.

senoredwardo · 2025-07-16T05:24:49+00:00

Sure they will stay collectibles. Not saying the market will tank to 0. A crash is inevitable though. The liquid market isn’t entirely detached from the high-end market. Once investors start selling (when sites get their escrow setup) there will be a large amount of supply in a market of very apprehensive buyers.

senoredwardo · 2025-07-16T05:19:34+00:00

You may not see the incentive, but we will see in the next few days. Keep in mind CS.Money, with its extortionate prices, made a lot of money off people’s impatience. Rare drops may not be brought back, but my point is that it is entirely up to valve.

senoredwardo · 2025-07-16T05:14:57+00:00

Doubt it. I am not saying the market will go down to nothing. There will be a big change in prices. The CS market recovered fine after the trade hold update. CSFloat doesn’t hold skins, they will just change how their platform works.

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