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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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54078002 No.54078002 [Reply] [Original]

My redditor friend is convinced hes gonna make it with csgo stickers and I cant convince him that unsold stickers arent actually worth anything and that financial instabilty means no one would be willing to buy. am I the retard here? Ive been trading stocks for 2 years and hes been calling me a retard for 2 years. Should I cut him off?

>> No.54078018
File: 316 KB, 1080x795, You're Bretty Gud.jpg [View same] [iqdb] [saucenao] [google]
54078018

Oh sweet it's cringe hour, let me help

>> No.54078019

stickers lollllllllllllllll

>> No.54078022
File: 1.47 MB, 1080x2400, Screenshot_20230307_165538_WhatsApp.jpg [View same] [iqdb] [saucenao] [google]
54078022

>>54078002
Am I retarded /biz/?

>> No.54078026

do people even still play cs?

>> No.54078038

>>54078022
You both are. And fuck cs go. Source was peak

>> No.54078040

>>54078022
Tell him Trump NFT is the new market

>> No.54078049

>>54078040
I dunno man whenever I try to talk to him he calls me a retarded old man. Im not even that much older than him.

>> No.54078052

Wait 60k for stickers? Is this that stake shill?

>> No.54078133

>>54078052
I dont know if hes a shill but its something called titan stickers

>> No.54078163

>>54078022
yeah but only because a) you're not putting forward the most convincing arguments b) you're trying to argue with another retard

>> No.54078206

>>54078002
>literally 4 times in a row

>> No.54078210

>>54078002
My brother paid for his house and wedding with shit he got on TF2 for free

>> No.54078220

I'm not reading all that shit but your friend is right. You have to consider WHO is going to buy those stickers off him. It's going to be the most degenerately filthy rich gambling addicts at the top of the top 1%. Just being able to hold on to them without opening them automatically means their value goes up because the people who want them are too degenerate to even do that. Things like economic cycles do not matter to the people at the top.

>> No.54078223

>>54078022
Your arguments are generalized garbage though. You can literally make that same argument about investing in fucking anything.

>> No.54078253

>>54078223
>literally
Ah fuck anon your reddit lover found you

>> No.54078319

>>54078253
Man... Cant escape no matter what i do

>> No.54078345

>>54078220
Makes little sense to me. People at the top have more to lose from cycles than the average middle class

>> No.54078368

>>54078345
Being down 5% when your family has multiple millions means 70k to look cool in top ranking is worth it
(or whatever I don't play games anymore)

>> No.54078373
File: 1.41 MB, 1080x2400, Screenshot_20230307_165514_WhatsApp.jpg [View same] [iqdb] [saucenao] [google]
54078373

How do I stop failing at convincing people on financial matters? I never get blamed when they lose it all but it hurts

>> No.54078379

You and your friend are retarded.!skin and sticker prices at the top fluctuate, and some drop altogether based on what the skin/sticker represents. But what he can be almost guaranteed on are cases, specifically the Bravo Case. I haven’t checked in a while but I would compare the case and then the skins and their prices, then contrast skin price history with case price. In two years it is very likely Bravo Cases will be 100-200 dollars. Not a bad hedge against inflation so long as you can trade these cases. But I would only get into stickers based on speculation, they’re too volatile.

>> No.54078435
File: 1.07 MB, 432x5520, Screenshot_20230313_134527_WhatsApp.jpg [View same] [iqdb] [saucenao] [google]
54078435

Should have spliced them together sooner

>> No.54078436

>>54078002
Yes, you can easily make money with csgo stickers even more than with pokemon cards and silver bars, go watch some youtube videos about it

>> No.54078462

>>54078373
Sorry anon but you are the retarded one here. As long as CS is popular those items are the holy grail of the most popular game on steam. Limited supply with a godly exclusivity.

>> No.54078468

>>54078002
Tell him he's retarded because the real money maker is in the containers, not the stickers/knives themselves.
Why conform with the eggs when you can buy the chickens?

>> No.54078493

>>54078462
Makes sense to me I guess. Fuck I should have bought knives instead of fucking Ethereum and 10Y bonds

>> No.54078500

>>54078002
Oh, and tell him that if he's expecting a Kato 14 repeat with whatever garbage sticker he bought, tell him he's deluded beyond salvation.

Kato 14 stickers are precious. We will never see such perfects stickers ever again.

>> No.54078542

>>54078002
Tell Maverick I said he's a pussy bitch also that's a name for a dog not a person

>> No.54078552

>>54078500
I put a kato sticker on a shit ass gun and I've been kicked and tked for it kek

>> No.54078601

>>54078552
P250 Sand Dune?

>> No.54078620
File: 26 KB, 720x476, 325337472_1331716704286390_6596570938308226923_n.jpg [View same] [iqdb] [saucenao] [google]
54078620

CSGO STICKERS? LMFAO

>> No.54078631

>>54078022
You both are dumb for different reasons

>> No.54078642

>>54078542
That will invite me anger towards me so no. I dont have any other friends so I dont know if I should tell him to go eat a dick or just let him vent on me everytime we converse. Gaslit to no end.

>> No.54078680

>>54078631
Please just tell me why im retarded. I wish to improve myself.

>> No.54078682

Valve owns the biggest NFT marketplace (un)known to gamers. Any skins or crates or lutboxes Valve releases are realistically probably a good investment. I have some from YEARS ago that I paid less than five bucks for and they're worth about $20 right now. I unfortunately got rid of a bunch of skins a couple years ago too that sold for a few hundred.

>> No.54078713

>cant convince him that unsold stickers arent actually worth anything and that financial instabilty means no one would be willing to buy
I hate normies so much it's unreal

>> No.54078736
File: 80 KB, 500x490, 1615405310057.png [View same] [iqdb] [saucenao] [google]
54078736

>>54078002
when the fuck do anons post long ass whatsapp screenshots?

>> No.54078738

>>54078002
Which set of stickers is this nigger manipulating?

>> No.54078772

>>54078738
Probably trying to manipulate the ones from the last Major, thinking he'll be rich in four years or so because he saw an iBP Holo from Kato 14 sell for six digits. Every newfaggot does the same thing.

>> No.54078786

>>54078002
Your friend is gay, but the market surrounding valve games is bussin

>> No.54078808

>>54078772
But we all know that Falchion Cases are the real shit

>> No.54078856

>>54078738
Something called titan Halo. I dont know anhthing about csgo. Holy shit dynamic IP is annoying

>> No.54078893
File: 131 KB, 1513x569, wtf.jpg [View same] [iqdb] [saucenao] [google]
54078893

>>54078738
>>54078856

>> No.54078937

>>54078002
massive risk. Any rogue valve employee or support agent can create more. This has even happened in the past. It's just centralized pre-NFT garbage

>> No.54079077

>>54078642
jesus man u need some real friends

>> No.54079113

>>54078601
I bought the sticker when it came out and put it on my T side auto rifle and recently started playing again and get people raging all the time about it

>> No.54079118

>>54079077
I dont have anyone besides this guy and /biz/

>> No.54079164

>>54078893
Are those last-sold prices or offers by the seller?

>> No.54079244

>>54078893
wtf last year the ibp and titan holo were like 48k

>> No.54079523

>>54079164
If they didnt sell why would the price go up?

>> No.54079550

>>54079523
Delusional bagholders?

>> No.54079650
File: 357 KB, 1920x1080, Fit1O1iUYAA61Ss.jpg [View same] [iqdb] [saucenao] [google]
54079650

Everyone in this thread is a complete fucking retard. I have studied and am currently invested in the CSGO market so let me educate you guys.
>Stickers from the Katowice 2014 tournament are extremely rare and look really cool, having one of these stickers on a skin is considered a massive flex because of the rarity of these stickers and how cool they look
>because of this, chinese people went ballistic and have pretty much nuked them out of existence. To open one of these stickers, you have to open a literal $12000 capsule.
>because of these factors along with pro csgo players having 4x of these special stickers on every skin they have, there are now only a handful of these desired stickers in existence
>Investing in these stickers is considered pretty risky but so far anyone who has bought these stickers in the past 2-5 years has profited more money then any shitcoiner on this board has ever seen in their lives
pic related, my friends gloves (worth about 400) and my knife (currently for sale for 4.7k on buff)

>> No.54079699

when source 2 launches this week skins will go parabolic as people move from other games and immediately want to get a loadout

>> No.54079725
File: 58 KB, 1020x784, kek.png [View same] [iqdb] [saucenao] [google]
54079725

>>54079650

>> No.54079765

>>54079699
This

>> No.54079835

>>54079699
I heard they're going to make a 100 player Battle Royal mod and enable VR and integrate CSGO into the metouniverse

>> No.54079877

>>54079725
Don't get me wrong I think its absolutely fucking retarded that this sticker goes for that much and I personally think it should go down even more because at this point its way too expensive to even apply onto a skin (which makes the sticker disappear forever). But the reality is, theres only like 50 left in existence and of those 50 maybe only 5-10 are realistically tradable without massive overpay above market.

>> No.54079952

I rather make less through hyper liquid securities than meme commodities

>> No.54080033

>>54079725
Kek. CSGO investers are complete morons

>> No.54080086

>>54078002
You're both fucking faggots but he is definitely the top faggot between you too.

>> No.54080202

>>54078002
It really depends on which stickers. I bought about 2000 glitter stickers and 1000 Rio and Antwerp capsules a couple of months ago and I’m up by a fuck load. Yes, people buy, the Chinese market is absolutely massive and stickers are very liquid. I usually build my inventory up with the profits and cash out now and then with direct bank transfer and sometimes crypto, my inventory consists mostly of what are considered liquid items that are easy to sell fast but I have some illiquid skins that are hard to sell quickly (usually unique patterned items) because I like the look of them and might only consider putting up for sale when I stop trading/playing entirely.

I’ve profited from CS:GO in 3 years more than I have with crypto in 5 and I’ve barely lost anything.

>> No.54080309

>>54079725
This sticker is considered illiquid, also the sold website data on that is limited and doesn’t have BUFF136 data (largest CS:GO market which is Chinese) and other sites/privates, not that websites chart, many items show zero sold on that website but in reality the data is limited and not a very good price guide.

>> No.54080311

Ive yet to see a billionaire CSGO trader. Its shit. Thousands become billionaires swing trading crypto and stocks. How many became decamillionaires trading skins on a fucking game?

>> No.54080571

>>54080311
Not an argument.

>> No.54080668

>>54078022
>omg massive red flag bro!!!
>soijak.jpg

>> No.54081336

>>54080668
I agree with him that anything propped up by inflation will get fucked during tightening.

>> No.54082414

>>54078022
>literally less than 50 of them in the market
Didn't read the rest but he sounds pretty dumb from this statement alone. Never go by market quantity. There's potentially thousands of inventories holding a particular sticker/item in multiple quantities.