/biz/ - Business & Finance

(Part 2) They will report your account to the IRS after 20k in revenue, automatically. This is almost impossible for most users so do not worry too much. Now, You list the cases for sale on the market, place a sell order for 1000 or whatever quantity, and they will be bought usually instantly. Once you have these funds, buy a stable asset like a CSGO case key at 2.49 a pop in the same value, and find a dealer online who buys keys on bulk through paypal or crypto. MAKE SURE THERE IS AN ESCROW SYSTEM. Do not get scammed on this critical last step. And thats all there is to it. You now have made 30x original investment in unreported income (>that you will report on your annual taxes). The other method is finding a wholeseller who will buy the cases in bulk directly to paypal or crypto without getting keys instead. This method will take longer usually but will give you a slightly better return with little value lost to fees. And thats all there is to it.

>>53471837
>>53471842
This board is dead. No one gives a fuck about actually making money that isnt s scam artist. The fact that this is foolproof and not a scam means pajeets wont bump it

>>53471837
You're a little late to this.

>>53471842
Use Buff not steam market, if you need to cash out buy an expensive liquid item like a knife and sell it to a cash trader for crypto.

>>53472746
There is no being late. He's right, every single case that has dropped has gone up it value many times over after 2-3 yeard or more and the game is not dying anytime soon. Its just a question of waiting. Even a 10x on a 10 cent case is better than any stock and doesnt have any of the risk. And you wont get rugpulled or scammed like crypto. I don't see why not if you arent impulsive

>>53472746
>>53472803
Really? I bought a lot of fracture, danger zone, prisma etc. between $0.12 to $0.15, I do feel on some level I got in "late" but at the same time I think that the cases will still go up in value over time and that cases will never be 0.03 ever again, outside of market collapse or major changes to the drop system.

>>53471837
>be me
>get into CSGO trading years ago
>naive and new so fall for some obvious bull traps (operation breakout cases)
>buy at $0.08
>price dumps
>feel sad, decide not to sell
>fast forward to now, $4.30 per case
Time in the market really is the way to go huh?

>>53471837
Doesn't scale unfortunately. Valve wouldn't let someone corner the market like that.

>>53472944
Nice one m8

Lucky but that’s the way it goes sometimes

>>53472850
You will always be "late" if you look at it like that. There are old cases worth upwards of 2 or 3 dollars rn that at one time were 10 cents. Its all relative.

>>53473235
That’s true, and on some level I know this (which is why I keep buying), but i can’t shake the feeling that I missed the golden days. There will never be another case like breakout that goes to 0.03. Hell, even a new butterfly case of this generation Dreams and Nightmares has a price floor of like 0.60, and that’s only with a 1:4 chance of getting a butterfly.

Some people think there will be a price floor of 0.50 on all cases in the future, due to the new drop system. Yes it might drop further as it’s gonna be in the pool for a while, but there’s some strong resistance there. I do get what you’re saying though.

>>53471837
>counter strike release date 2000
>CSS release date 2004
>CSS:GO release date 2012
>new title releases and wont carry over old assets because there are too many to add at one time to a new game full of bugs
sounds risk free to me with an 11 year old game.

>he doesn't have a cbble case
ngmi

>>53473522
https://m.youtube.com/watch?v=XlzS24GuSkA

This thread reminded me to check in on my csgo inventory.
The prisma cases I bought are doing good, I paid 4 cents each and now they're going for 18 cents
muh danger zone cases are doing good too, and the 6 riptide cases i saved from the operation

I'm pretty happy I accumulated battle scarred and battle scarred holo stickers when they first came out because they are one of the coolest looking stickers in game and the price is going up only with good volume too. I'm probably going to just keep holding those, what do you guys think?

>>53473522
Yeah I'm sure they were saying the same thing about TF2 and Dota 2 years ago too. This is Valve we're talking about retard. Even if they did make a "new" counterstrike, it would be the same game ported on Source 2. This game will never be replaced by Valve just like TF2 and Dota 2. Dota 2 has already been upgraded to a new engine. Look at games like World of Warcraft, World of Tanks, etc etc. These are legacy games that get continually upgraded. CS 1.6 and CSS also didnt have skins. Neither did Team Fortress Classic or Dota Classic. See the trend?

>>53473653
My CSGO motto is "If its old, hold" cause old shit always has a dwindling supply from crates not dropping and trade ups.

>>53473697
gud motto desu
im pretty happy with my inventory as it is so i'm probably just gonna keep holding

I bought holo Antwerp team stickers and a gold s1mple sticker to hold on to for a few years. I regret selling my Negev mjolnir for crypto but hey, I got it dropped for free during the operation and made $700, I can’t complain. Might buy a couple field tested AK Vulcans or some more low supply stickers with my next paycheck

>>53473653
yoo just realized I have 2 Great Wave holo stickers that are trading for almost 10 dollars. Hell yeah
>t. mid 6 figures in crypto but equally excited for a 2 digit gain in csgo portfolio

>>53473697
Exactly what I tell myself when people beg to trade for my Kato 15 Holo skins

bought cs go weapon case for 0,20, sold for 2 and was like wooh 10x, checked the price in rona and was like wtf

I can't see this game being popular in 5 years to a decade, it's old as fuck as it is right now and there will always be some way of valve ruining it. I also don't see competitive shooters being around too long as aimboting has gotten so much more advanced, it's becoming too difficult to spot now and will get worse

So these are the NFT’s of vidya…

Sounds fucking gay desu
>verification not required

Most reliable place to sell TF2 items? I have an unusual and a strange ks awp im trying to sell.

How the hell do you cash out?

>>53475962
Marketplace.tf

>>53475793
Post short bobo faggot. You underestimate the power of nostalgia

Did this with bravo cases when they were three bucks a piece. Got close to five hundred sitting on an inventory account. I just sell a couple when I want some games.

>be me
>get scammed of my shit flip knife when I was like 14
>decide to become a scammer myself
>scam over 10 knives with a friend
>sell them and waste all the value on cases
it was a good time

>>53476750
Brown skinned

>>53476784
you started it

>>53476750
>be me
>get scammed out of my knife for a awp boom
>It's now 2-3x more expensive than the knife is
You literally can't lose

>>53471837
couple things to consider, as I understand them:
recent (past couple years) market trends upwards were accelerated by retarded chinese billionaires' sons buying everything out for ridiculous money. this affected the entire market (picrel is what every niceish item's price history looks like), and a loss of interest or cash-out could cause a downturn
cases also got a bump from free to play accounts no longer getting drops, which only happened once, and made people take stock of cases being cheap and finite (you can see the inflection point around 2021), an "anticipated 30x" might be priced in more now

>>53477435
wrong image

>>53477445
>>53477435
Where are you generating these graphs from? Pretty informative.

it's not even an nft
wtf is wrong with some gamers saying they hate nfts but shit like this, which would be better if it was nft based, is kosher

>>53477570
The overwhelming majority of gamers are retards.

>>53473522
If TF2 is anything to go by, absolutely game-ruining and catastrophic fuckups aren't enough to ruin investments in the games economy if its a valve game

>>53477502
https://csgostocks.de/
I just googled cs price history, the data on steam trading is widely available, there are probably 50 other ones with the same scraped data

>>53477668
Nice, thanks fren.

>>53477570
The biggest things are:
>You can earn them for free
>You can trade them for other items
>They have real (fake) uses
>They are fungible, meaning you have a zero percent chance of being a part of a scam where the item loses all value as soon as you buy it

>>53475793
TF2 is 15 years old with 200k players a day. CSGO is 11 years old with over a million a day. Also research how large of a market share whales contribute to video game economies. Typically like 5% of the playerbase is doing almost 50% of the volume.

>>53477570
They actually have more use case and value than NFT's, historically.

>>53477570
you are retarded desu, or chugged the koolaid
why would a game developer make a product which was exactly the same as the skins they already have, except it facilitated a move away from their game or trading they didn't allow, and they also have to be backed by some cryptographic system with unpredictable market conditions and irreversible transactions. remember, they have to make the nft in their game do something, and that's the part that has any value at all, and as is they have a free simple database of ownership (control over the trading platform and trades, free and safe interpersonal trades, reversing scams, reliably taking a cut of market selling, etc.)
also valve has been sued and gotten bad press because their skins were being used for underage gambling on rigged systems, they were able to outright kill the entire ecosystem because they worked by steam bots. the only means of doing this for an nft destroy the "point" of an nft

>>53471837
bumping cause at least it's another fucking shitcoin thread.

>>53471837
That's smart. I got cash money sitting in steam and I'll invest in these for a little yield

If they can turn them into NFTs, congrats on your millions. If not, congrats on your beanie babies

>>53472746
There's no counter strike sequel coming out this decade. There are no good AAA fps games ever being made again. CSGO crates / skins are unironically our generations baseball cards and arcade machines

Where's the new operation fucking Gaben

Bump, gonna buy a couple hundred cases this week. Fuck it.

Stickers are also a good investment, I accidentally made loads from the Stockholm 2021 tournament stickers/patches. :D

I think dota skins are better return on investment

Is there a risk they can change the algorithm on what the cases drop to be brought up to whatever the drops of today are?

>>53483059
The biggest risk imho is that the sudden surge of case gamblers that happened during covid gets bored and goes gambling on the next fotm. Also china and eu might regulate them heavier, in belgium for example they became illegal.

I bought $5 worth of cases for 0.01 a year ago and sold them all for $90 during the steam summer sale.

For what it's worth it's free video games but I wouldn't put more effort into it.

>>53481890
I had Katowice stickers from 2013. Girlfriend applied them to my guns. $10,000 worth of stickers on a stat trak AUG wings

>>53473522
tf2 economy recovered from a dead userbase, bot spamm, unusual lootcrate bug and shitload of other stuff

very resiliant

>>53471842
Last time I checked all new keys after the trade ban occurred were basically account locked, meaning the existing keys that could be traded went up in price slowly but surely. This helped increase the price of the cases as they were the next best tool for moving digital funds around, minus the ones that got re-released for paid account drops, which some old ones that are still super valuable still get dropped but it's not likely you will ever get one. Now onto cashing out, you are looking to trade them off for a real expensive but liquid skin ignoring patterns, usually a high end gun skin or a knife as a secondary option. Skin selling/buying websites exist, this is how you process out your gains, and if american look for ones under $600 so you can do your business without excess future paperwork. Also >>53471837 the steam csgo scene is starting to dissipate from popularity, it's also only doing so well in the secondary market because of gambling for children, which crypto casino websites are starting to take some of the csgo marketshare. Do what you wish, I personally like the sticker market prospects over the case one from the mid-term aka a couple years plus, but long term it's looking like it will be getting hit with a further drop in price than the current prices we are seeing, from skins to cases. Check the price history on cobblestone skins over the last 2 years to see what I mean.

>>53483526
This can be circumvented easily with VPN's and isnt enforced regardless.

>>53482967
I'm a dota player and doubt it, CSGO is much more normie friendly and has chances of staying relevant unlike dota

I have 15k$ in skins. Bought with crypto on ATH. Now if I invest in crypto I will get much 5x or more than I had previously 1-2 years ago.

>>53483614
Many people did this. No way to know at the time. Bumpu I guess.

>>53483614
Once again, girlfriend ruins generational wealth. Many such cases.