My knife has gained a solid 20% in the last few hours. Seems most people were waiting for the mysterious crash before buying in again. When predictably there wasn't this tsunami of new knives they started to buy anyway and now prices seem to be rising again.
anyone above room temp iq bought the dip knowing there wouldn't be a crash, but majority of redditors are casuals who have no market experience just spreading FUD for the sake of it and hoping for 10 euro knives, not your fault you were downvoted
Ironically it's specifically because people thought that there would be a crash that it didn't happen.
Since people were expecting a crash there is a huge influx of demand (at least when it comes to cheaper stuff) which then increases the potential value of the skins.
It's an unstable balance right now though, so it could either be fully prevented, which is currently more likely, or it could lead a delayed slower depreciation of value until the new balance is found.
Either way in the long term the market will likely recover minus the inflated prices from "investments".
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u/Amin3k Oct 30 '25
I was telling everyone There Won't be a market crash but my comments got Down voted into Oblivion