LogIn"You guys know that people are probably going to harm themselves cause of this."
Valve has dropped a huge bomb on the Counter-Strike 2 community, destroying its market cap and many players' business prospects.
The new update introduced a Trade Up Contract system: you can now exchange five Covert-quality items (or red skins) for a knife or gloves. 5 StatTrak Covert items can be exchanged for one StatTrak Knife and 5 regular Covert items can be exchanged for one regular Knife item or one regular Gloves item from a collection of one of the items provided.
Before this, knives and gloves could only be obtained as rare drops or traded through sites for thousands of dollars. Naturally, the news devastated those who earned good money by trading, as the value is going to drop significantly now that anyone can craft these items from red skins, which didn't use to be worth much.
In fact, this dropped the market cap from $5.9 billion to $4.2 billion, as reported by The Gamer.
So big is the impact that some are worried about players' mental health. "You guys know that people are probably going to harm themselves cause of this, yet you pushed it out without hesitation, crazy," said one CS2 streamer.
However, not everybody loses from the update: streamer psp1g, for example, now has a bunch of "worthless red skins" that could cost 3.3 million pounds ($4.4 million).
Basically, while rare items lose in price, more common "reds" are gaining momentum:
"This is the way to go for the long-term health of the game and it's given me faith that Valve is actually steering in a direction that favours the average player than a market whale," commented one Redditor. "Average player satisfaction should absolutely be expected to increase if the average player has an easier time getting their desired knife now that trade-up knives are going to flood the market. There's no way to convince me that this is a bad thing. People now have an easier time getting the skin they want."
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