Warpcast
Announcements, questions, feedback and suggestions about Warpcast
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The once-profitable CS2 skins market has collapsed by a billion dollars!
The culprit is a new update in the game - now you can craft knives that previously only dropped from cases with a random chance. Their prices have plummeted, while the skins needed for crafting knives have skyrocketed.
Valve added an exchange mechanic: now 5 items of covert quality can be turned into a knife. For $5, you can get a blade that yesterday cost $5000 — and sell it right away.
As a result, knives have depreciated, while red guns have surged in price by 10–20 times. Trading sites crashed from the influx of panicking players selling off their items, and the market, which was recently called "the most reliable asset at $6 billion," is bursting at the seams.
In the end, overnight the richest knife collectors lost millions, while owners of cheap "red skins" became fabulously rich.
At the same time, analysts had previously noted that weapon skins from CS2 turned out to be more stable than crypto, American stocks, and precious metals. 1 reply
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