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1  Economy / Economics / Counter-Strike Skin Economy on: June 08, 2020, 10:45:04 AM
This is going to be a different post compared to most other topics here in the Economics sections. If this doesn't belong here, feel free to remove it. I am talking about the economy of virtual skins/items for the game Counter-Strike: Global Offensive (CS:GO). I don't know if there's any interest about it here but imo it's nevertheless an interesting topic, especially its investment potential.

For those of you who don't know, CS:GO is a first-person shooter by Valve where you can customize your looks (weapons, gloves etc.) with different virtual items/skins. These are both tradeable between two players and can be sold on the Steam community market. It basically works like this: By playing the game you get a weapon case from time to time. These can be opened by spending money to gamble for a weapon skin. Stickers (and capsules, which contain stickers) however are directly purchased ingame and can then be applied to a weapon skin.

While the weapon skins itself aren't that interesting investment-wise, stickers, cases and (some) capsules definitely are. The reason for this is that stickers, cases and capsules get removed from circulation when opened or applied. Let me give a good example that shows that: Back in 2014 Valve introduced 2 sticker capsules for a limited time to celebrate the CS:GO tournament in Katowice. These were sold for around $ 0,85 ingame (don't know the exact numbers but I think it was 0,75 ) and are now worth $1800 - $2500. Some of the stickers from that capsules are now worth $10.000+! (According to this site: https://www.dexerto.com/csgo/top-20-most-expensive-csgo-stickers-in-history-1361385 There are hardly any up for sale). These are numbers usually only seen in crypto (and only very rarely!)

While this huge success of the Katowice 2014 capsules/stickers is mostly because the CS:GO playerbase was low back then and so the number of sold capsules was relatively low, the following tournaments with their individual stickers also would've been a decent investment. And I can imagine the stickers of the upcoming tournament in Rio to be also in high demand in a few years, depending on their looks and how many get sold during the time they are available. The profit margin however will be much lower.

Looking at cases, Valve releases a new one from time to time. This causes older cases to drop less frequently, eventually causing the supply to decrease when the number of opened cases exceeds the number of droped ones. So the prices for new cases usually drop to $0,03 - $0,05 on the Steam community market after their release but can go up $20+ when they are a rare drop (https://steamcommunity.com/market/listings/730/Operation%20Bravo%20Case).

The huge downside with this kind of investment is that you have to rely on the success of the game (CS:GO) and to rely on Valve not making some weird changes to the whole ecosystem. You also have to keep in mind that the prices shown on the Steam community market are not what you'll get when you actually want to cash-out. To get your money out of the Valve/Steam ecosystem you have to use third-party-sites. Prices on these cash-out sites are usually 20-30% lower that on the community market.

I think the examples I have given show pretty good that there is (there were?) good investment opportunities in the CS:GO economy. The reason I made this post is that it seems like there is currently a real hype going around with a lot of items being sold right now, Youtubers making investment videos etc. (Kinda reminds me of crypto 2017) So I was wondering what your thoughts are. Is it something completly new for you or do you also hold some CS:GO items already? Even though I play the game occasionally, I just recently realized the immense value these virtual items hold.
2  Alternate cryptocurrencies / Announcements (Altcoins) / [BRDD] - BeardDollars - Scrypt - PoW/PoS - 15% annual interest. on: February 07, 2016, 09:34:09 PM


BeardDollars is in association with www.crossedpistols.com.  Integration with the website is coming, and all purchases made with BRDD with result in an additional 5% discount on top of any other offers currently going.  The premine is going to be used for the bounties below, and funding for additional work (Pools, Faucet, wallets) and all payments will be transparent with the wallet in OP at all times.






Crossed Pistols was the idea of bunch of friends with one thing in common, beards.  Our aim is to provide awesome apparel and home made beard products worldwide at affordable prices. The aim of BeardDollars is to provide a fast and alternate payment system with a permanent intensive of 5% off purchases.










PoW/PoS - 15% annual interest.
Algo: Scrypt
Confirmations for Final Transaction: 7
Block reward   50 coins
Total coin supply: 21212121 coins
Premine percent: 1%
Premine amount: 212121 coins
Last PoW block:   block 150000
Coinbase maturity   20 blocks
Target spacing   64 seconds




   


Virus Total
Virus Total
Virus Total

Nodes:
addnode=217.112.92.200
addnode=178.62.107.236
addnode=184.2.150.152
addnode=80.3.139.61
addnode=94.5.142.157
addnode=mineblocks.no-ip.org:6097



Explorer



Wheel Of Fortune









Stratum+tcp://stratum.tekyboy.tk:19013
Wallet address as username
Password of your choice (it does not matter what you choose)
Port 19013 is vardiff
Payouts every 60 mins; minimum 1 BRDD



http://bearddollars.slugmonkeypool.net
US Server Wallet and Database Backups every hour.

MineBlocks

http://mineblocks.no-ip.org:2627/pool/BRDD/

Miner Configure

stratum+tcp://mineblocks.no-ip.org:3385 -u YOUR WALLET -p x

Bazco

Pool URL at http://bearddollars.bazco.in/

stratum+tcp://bearddollars.bazco.in:3333 for difficulty 512-6144 (small setups)
stratum+tcp://bearddollars.bazco.in:3334 for difficulty 8192-262144 (big rigs or rentals)

Users need to specify BeardDollars address as username, anything for password.
Pool main address is BBajASXdZLSeFu9orW4gLKgjUUAEqPFjGw, gets split after every block (min 60 sec)






B6btCbAdN8ugYXHRUmHmk9ZL9G4EaMGPYM
BEG6eCC8JtkWV3MouBMAt2S1Yzyp4FGXUJ




Mac OSX wallet - 5000 BRDD
Android wallet - 35,000 BRD
ANN graphics - 25,000 BRDD
Additional Pools - 5000 BRDD (First 3 only)
Exchanges - 15,000 (3 max)
New coin logo - 10,000
Wallet re-branding - 20,000
Thread translations (No google translate!) - 2500
Additional bounties coming soon.


Crossed Pistols upcoming work:

'Valhalla Rises' T-Shirt, College varsity jacket and phone case design.







Russian
Indonesian



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