Valve Suspends Holiday Auction Following Gem Exploit [UPDATE]

I don't want Counterstrike- it's a stupid shooter!

So you had to bi on the 11th to get the free copy of csgo

Come on Steam stop coming up with stupid new ideas like this one that no one actually needs. just make a good sell with price cut and let us buy and play our games.

The Holiday Auction is one of the dumbest things I have seen in a while. Why anyone would waste their time paying for bids to possibly buy games at higher price deserve to lose their money.

This is such a scam, WTH Valve?

i can't bid on ****!

80,000 gems!?!?. lol, I only managed to scrape a 1000

Stop wasting time on this event and get back to working on getting more developers to release more steamworks conversions for the troves of GFWL games on PC. Like Force Unleashed series, and RE5, and many more. Or spend more time getting publishers to set up their deals for next week. I better f'ing see some specific games on sale.

It's funny how some people think they can scam Valve in this event. They are too stupid to realize this whole event is one big scam. People think they are getting good deals, when it reality they are actually paying more than retail for shitty games. Sad part is in less than a week those games are going to be 75% off.

As always, the cheater-riddled PC community ruining it for the legit players.

so no actual sale this year then?

<< LINK REMOVED >> First of all, I do not understand how people have soooo many gems. I sold all the items in my inventory and ended up with 800 odd gems. Secondly, why on earth are people spending ridiculous amounts of gems on games that are under £5 to buy anyway? The bid on Skyrim is something like 40,000 gems. Wouldn't it just be easier to buy the game instead? It's like £3 in the sale. If you have that many gems, you must have bought an awful lot of games, so money shouldn't be an issue. Then, you go and waste all your gems on a 3 year old game that costs the same as a pint of beer??? WHAT THE WHAT??!?

Everyone seems to be focused on who cheated and who can't design an auction. I think the bigger story got lost.

Why the heck is Steam even bothering with this???

The answer is frequent flyer miles. Valve are attempting to build a customer loyalty system into their Steam service that will discourage people from shopping for lower prices among their weakening competitors. I already read people commenting they want to keep their entire game library in one place (Steam). This kind of thing will further strengthen their market dominance.

Meh I'm not participating in this. There are too many lifeless dbags on Steam who are betting 90,000 gems on games I can just buy for a dollar. Even with all my inventory I'd only have like 20,000 gems. And thats with hundreds of items,

congrats on giving everyone a game they already owned.

Man, this probably looked GREAT on paper.

I'll wait until last day and unload to market everything. Prices on trading cards, backgrounds and emoticons will be enormous :D

The bids on some of these games are absolutely insane. I can only assume some people are trolling or just want to have the 'top bidder' spotlight.

The only thing of real worth seems to be the holiday profile, which if I'm reading this right, expires in a year. And since you can buy gems with money.. this makes everything have some monetary value. If I have to guess, it's worth a few hundred dollars, if not thousands.

So, count me out; I won't be getting anything from this.. except maybe some money from selling trading cards.

Not worth really, unless you hack/cheat... i can turn some of my more worthy stuff to gems and get like 2k and what im gonna do with them? nothing. Well i'll rather keep my stuff.

Not worth at all, unless you hack/cheat ofc lol

I don't really get the whole trading card thing with steam. They say it suppose to reward dedication but there are game I've played a couple of hundred hours of and only have a few cards whilst other games I've barely plaid and having tons for. Also how do you get gems for these cards?

People are still cheating on it, I gave up

This is one of, if not the worst, steam event held imo. The gem prices on bidding are so high that you may as well just purchase the game... and that's for every game up for auction.

Since this is just the first auction and it has the biggest time-frame, I'm sure that's why the prices are so high, but when the "45 minute auctions" begin on 15th of December, I'm hoping it'll be better (as in, people would actually stand a chance at winning without emptying their entire inventory).

Do you know what I hate about Steam? Everything is so user unfriendly. I have around 50 cards that I want to turn into gems, and guess what?! I need to click and convert each card individually.