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Gaben's Schemes Continue: Gems and the Steam Holiday Auction


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#1
Jock Cranley

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Apparently Steam has the option to break down your trading cards into 'gems' with which you can bid on a select group of games. The top bidder gets it for every timed cycle.

 

The catch? A single card is worth 20 gems and many of the bids are at tens of thousands of gems.

 

 

Spoiler

 

FYI and thanks in advance!


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#2
Guest_TrillClinton_*

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How many gems for half life 3?

 

oh wait.


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#3
A Crusty Knight Of Colour

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I swear to god, Gabe will do anything to look busy so that he won't have to work on HL3.
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#4
Riven326

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I swear to god, Gabe will do anything to look busy so that he won't have to work on HL3.

Gabe-newell-arms-crossed.jpg


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#5
mybudgee

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How many for Half-life 2 super turbo HD remix??

#6
The Love Runner

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In before Capcom comes in to exploit the gem system.

Or was that actually them in disguise not too long ago?
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#7
Guest_EntropicAngel_*

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Yeah I saw this.

Really, really skeezy if you ask me.

#8
spinachdiaper

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Can we convince the US government to freeze all Valve's and Gabe's financial assets until Half Life 3 comes out so that their/his hurting is equal to all those who have been waiting longer than half passed forever on that stupid cliffhanger.



#9
Kaiser Arian XVII

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To release Half Life 3 you must contribute 200 Diamonds, 300 Rubies, 500 Emeralds and 1000 Bullions to God-Emperor of PC gaming Gaben.

 

Or it won't happen.

 

The choice is yours!



#10
bmwcrazy

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I don't understand why anyone would want to convert their cards and items to gems. If you sell them at the Market, you can actually make more money.

For example:

Counter Strike Global Offensive's current top bid is 18800 gems. Assume on average each card can generate 20 gems or be sold for 10 cents at the Market.

18800/20=940(cards) and 940*.10 = $94

Last time I checked Counter Strike GO was only worth $14.99. So you might as well sell your cards and use the money to buy the game you want.

#11
OdanUrr

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Like I said on the Steam forums, I'll pass and wait for the sale.

 

EDIT: Just doing some quick math here but if a game costs, say, 10,000 gems (starting price) and each card gives you about 20 gems, you would need roughly 500 cards just to start bidding. Since cards can be bought and sold on the market (for, you know, actual money), in order for the auction to make sense for the customer, cards should cost less than, say, $0,10 (at $0,10, a 10,000-gem game would cost $50). Bear in mind this is just a rough starting price we're talking about. The more gems a game costs, the lower cards should sell for for the auction to be a valuable proposition for the customer. In the end, however, the clear winner is Valve since games will undoubtedly sell for tens of thousands of gems that probably required several hundreds of dollars worth in cards.



#12
bmwcrazy

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I think this is an attempt to drive up the value of trading cards and make money from people who aren't too good with math.

That's fine with me since I always sell my cards and items. If more people want to destroy their cards for gems rather than unload them on the Market, that means less competitions and more money for me.

#13
OdanUrr

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I think this is an attempt to drive up the value of trading cards and make money from people who aren't too good with math.

That's fine with me since I always sell my cards and items. If more people want to destroy their cards for gems rather than unload them on the Market, that means less competitions and more money for me.

 

Come to think of it, this is probably the perfect moment to dump your inventory on the market since prices are likely to go up.