@finaldasa said:
I still have no clear understanding of how this works. I feel like someone at Valve came up with this idea a month ago and they just went with it.
Don't get me wrong, I like the idea. But poor implementation and explanation seems to have cut this program at its knees and serves only those die hard Steam users rather than everyone.
They've also changed the rules on the fly.
When it first launched, gems were tradeable/sellable, but then people found a way to dupe them. When it relaunched, gems were not tradeable/sellable for like a day or so, but then they opened it back up to trading/selling.
Also, when the auction first started, if you won the game for that 45 minute segment, you were refunded the difference between your bid and the next highest bid. So if you put in 10,000, and the next highest guy put in 8,000, it refunded you an amount of gems where it's as if you only bid 8,001. It no longer does that, so if you win the auction, you spend all of the gems you designated as your "max bid". I think they did that because people were highballing all of the bids because they just wanted to muscle everybody out and they'd get back most of what they were bidding anyways, and it was discouraging users with lower amounts of gems from even trying.
Also, when it started, you could cancel out of a bid whenever. Now you can't cancel out of a bid if you're the top bidder, or else people would back out after driving up the bid price.
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