If I had a dollar for every time I was told about Australian Federal legislation in a TF2 TH-cam video, I would only have 2 dollars, which isn't a lot but it's weird that it's happened twice.
9:59 Tall, lanky man with a modernised short-cut mullet shouting to a sea of annoyed people about market manipulation and pyramid schemes is honestly never what I expected from this channel, but I am eager to see how this chapter progresses.
update: since I totally miss the opportunity to buy a strange Lollichop............... so I give myself a good excuse and get my own Professional Killstreak Strange Rainblower(which is cheaper than the current Lollichop) and it brings back good memories XD
I miss the opportunity to buy a strange Lollichop............... so I get myself a Professional Killstreak Strange Rainblower(which is cheaper than the current Lollichop)
I mean, you could also try standing around and shouting that, whether you should is another question from what I can imagine, it's probably easier to explain if you have someone recording you and you have a youtube channel
Roughly about 20 hours after this video was released, somebody in a server I was in found a lollichop from random drops, and that made the entire voice chat go mad with the desire to destroy the steam market.
as a lollichop user i am very pleased to see that you have taken interest in it. i truly love pyrovision and the high pitched voices you get when using it and i think that gets overlooks a lot, thank you elmaxo :)
Speaking of the trading system... There's this really cool thing that allows F2Ps to get strange weapons Its called "random drops" Think about it.2 random drops of the same class=1 scrap. 3 scrap(6 weapons)=1 reclaimed. 3 reclaimed(18 weapons)=1 refined. Let's take the cheapest strange(probably a MK II botkiller minigun) as 3 refined. 1 strange=54 weapons. It's a long and slow process,but it seems beautiful to me.
I'm sorry sir Elmaxo, I'm already a collector of Ham Shanks (at a total of 600 Ham Shanks) But I wish the rest of us the best of luck, lord bless the lolichop!
He said he won't/shouldn't do it, but I say do it! Create a follow up video with how much money he got in profit from doing this, as a scientific experiment of sorts
@@EwokBb You can't take wallet funds from market sales and convert them back into real money, so I don't think it'd be an easy conviction if someone tried to pursue him on criminal charges. As elmaxo said, it's pretty fundamentally different from manipulating the stock market. There doesn't seem to be any real legal precedent from what I could tell from a quick search and, at least in the US, it seems that virtual items like NFTs don't meet older legal definitions allowing them to be regulated by organizations like the SEC. Obviously it might be a bit different with him living in Australia, but I just don't think most judges would want to touch this case when digital items are still pretty up in the air.
It's actually kinda scary how much influence TF2 content creators have over the trading economy. Like, the fact that they can inflate the prices of items to several times what they were prior by complete accident feels like it should be a source of existential dread.
you've blessed me, ive had over 40 strange lolichops from case unboxings from ages ago, and now ive been able to sell 24 of them at an average price of $3.50. So i guess if i ignore inflation from 2015... i profited?
I actually ran into Lucy in MVM once. She was on medic, and needless to say she was running the vaccinator She carried it the mission hard, and helped me get my highest demo damage on empire that run :)
I had a lolichop when I started playing tf2, I don't remember how but I think someone gifted me the lolichop. I though it was cool and it looked different so I started using it. After a while I deleted it from my inventory because the lack of space and instead, I replace the slot with a volcanic fragment because when I was brand new I though it look cooler than the lolichop. And now I could have made a lots of profit. I regret it every single day since I deleted that lolichop from my inventory. Thanks, Elmaxo.
I haven't actively played TF2 in probably over 6-7 years, not even occasionally hopping on. Regardless, I have watched all of elmaxo's content as a means of nostalgia, and honestly, the content has been so refreshing and amazing. I look forward to every new upload and will sit thru the entire thing no matter the length or topic. The script is always well thought out and clever. The balance between humor and great narrative despite even the most silliest subjects for videos always has me entertained and in awe. Maxo's honestly rly talented and I'm sure he can be making videos about almost anything else and churning out just as great content, but it warms my heart to see his dedication to TF2 despite how much this game has aged. With that all said, my former 15 year old self thanks you, elmaxo, for bringing me back that feeling of absolute joy and fun I got from this game for a long time, even if I don't play it anymore. Keep up the astonishing work!
Recently there has been a wave of steam market manipulation attempts, especially for Consumer grade CSGO weapon, this is pretty much equalent to an unique weapon in tf2. If you take a look at the AUG Storm minimal Wave, you can see that the price got incredibly inflated and still is (as of writing this). What I want to add is that loads of people that has been trying to sell the AUG on the steam market at this inflated price, has recieved community bans with the message "This account appears to have been used for fraudulent activity". This is most likely just temporary for most users who wanted to profit, but some can be permanent. TLDR: Pump prices all you want, but be careful if youre actually gonna try to take profit. You might get hit by steams automated anti fraud systems
I had 4 strange lollichops just sitting at my backpack for 6 months straight until I saw this video...needless to say I'll leave the rest to your imaginations
Among owning a Professional Killstreak Collectors Lollichop, I also own lots and lots of lollichops. Always collecting more. Why? Idk, I forgot a long time ago
can i point out that at 9:29 elmaxo is standing like a foot taller than the woman, so either elmaxo is like, 1.9 meters tall, or that woman is like, 1.3 meters tall
Thank you elmaxo for increasing the value of the Profesional killstreak lolichop kit so that the one I had sitting in my backpack for years was now worth selling.
TF2 youtube back then: hey everyone its jerma, i'm going to casually talk about topics I enjoy while I show TF2 gameplay TF2 youtube now: borderline illegal market activities and challenges which, in a game about KILLING PEOPLE, somehow still feel like crossing the line in terms of ethics
spiffing brit did something like this for a sticker (i think?) on steam search for: buying every cucumber on steam edit: link for the spiff vid th-cam.com/video/u372HKrw5eA/w-d-xo.html
In less than 2 hours of this being posted a strange lollichop went from being around half a dollar to upwards of 20 dollars the power of micro celebrities!
You know, I will say if you do end up causing this to happen, you will be causing issues for anyone who may have been saving up for one of those items, particularly the collectors or a killstreak items.
From a utilitarian perspective, the community-wide hijinks and camaraderie that ensue from lollichop market manipulation probably outweighs the harm caused to the handful of individuals that would be both interested in collecting lollichops and hadn't already done so in the past 11 years since the item was added.
If I had a dollar for every time I was told about Australian Federal legislation in a TF2 TH-cam video, I would only have 2 dollars, which isn't a lot but it's weird that it's happened twice.
Keep on tranglin
Spend those 2 dollars all on lolichops, help us inflating the economy
I'm pretty sure someone made a tax exemption based item
If that's what you're referring to
@@hextheprotogenfox yeah, that was elmaxo, the same person who made this video lol
TF2 economy tries not to get destroyed by a random item challenge (impossible)
I am in pain
Bonzai Chargen in da sunshin
The beauty of digital markets
Sondsmithtf2
HOLY SHIT THE STRANGE LOLICHOP NOW COSTS £10 HOLY FUCKING CHRIST THE GRAPH JUST GOES VERTICALLY UP WTF IT WAS £0.54 BEFORE HOLY SHIT
Lollichop might not be the best weapon, but people that use it sure have a good taste
"slow clap" + upvote no more elaboration.
You can tell that they do have quite a sweet tooth
@@kavemuta9299 you don't know. How about you visit my kitchen and find out?
@@matomatic4599 dude.. this is youtube
Hello alt account
What 5 years lack of major updates does to a community
Lol
Noooooo😂
I hate it but it's true!
lichop
@@hlelh211 lichop
Oh if only he know what just happened
9:59 Tall, lanky man with a modernised short-cut mullet shouting to a sea of annoyed people about market manipulation and pyramid schemes is honestly never what I expected from this channel, but I am eager to see how this chapter progresses.
@gamingpotato2480 both
and i'd call it the "Elmaxo Videomatic Universe"
@zaroio2533 the E.V.U
The funny
Everybody spam ,, Buy loli chops Chippy ,, in ChippyGamings comments.
owning a collector's lollichop has never felt so good
Kek
I just got late of this 7 hours ago and totally miss the incident.......blasted thing
update:
since I totally miss the opportunity to buy a strange Lollichop...............
so I give myself a good excuse and get my own Professional Killstreak Strange Rainblower(which is cheaper than the current Lollichop) and it brings back good memories XD
I got a strange one
Is that the greatest gamer of all time
plot twist: lollichop doesn't change value, but The Vaccinator sees a surge in demand due to this video
Likely case lol
Vaccinator my beloved
SoundSmith: raises the prices of hats
Maxo: raises the prices of weapons
strange duped shovel.
Wrong. SoundSmith raises the price of duped items
@@gilitionLone Survivor, my friend.
@@ZaxTheAl1en sans shovel
@@NuclearNecro Hey can I buy duped gaster blasters?
if a tf2 player went outside to prove his point, you know it’s serious
A STRANGE LOLLICHOP COSTS 10 EUROS ALREADY.
WHAT THE FUCK HAVE YOU DONE and honestly how the hell did it happen so quickly. Genuinely impressive
Yeah it's almost 10 USD as well
@@ace-o-spuds4255 oh dear god
How much was it before?
@@vilemk.2289 around 0.60 USD like yesterday
now its 10.06 USD
@@tsukiarii meet the investor
This is why tf2 never dies.
Stuff never stops happening
Holy shit you are right
i'm stuff
@@fekkas hi stuff I’m buff
I miss the opportunity to buy a strange Lollichop...............
so I get myself a Professional Killstreak Strange Rainblower(which is cheaper than the current Lollichop)
@gamingpotato well we got a update announcement
Props to this man for going out in a business suit and placing himself in the most socially awkward situation possible
Oh yeah, the classic "market manipulation" awkward situation.
I started playing TF2 when Meet the Pyro came out and I was so hyped to get a Lollichop 😂
no way its mr chippy
hey its chippy! starting off in tf2, all the items feel unique to you. more games should do that.
Yoo
chippy gaming moment
ain't no way Chippy is here, small world
Seeing elmaxo standing around in public shouting "Market manipulation" reminds me I will never be socially competant
common gamer L
I mean, you could also try standing around and shouting that, whether you should is another question
from what I can imagine, it's probably easier to explain if you have someone recording you and you have a youtube channel
common youtube user self-deprecation, its not funny, its just sad
@@pyro4843 go outside
Everybody spam ,, Buy loli chops Chippy ,, in ChippyGamings comments.
"I'm running a pyramid scheme" just the delivery of that line ended me
Found this 7 hours in, I remember the strange lollichop being 0.18 cents... ITS 12 DOLLARS NOW.
The revolution has begun.
Everybody spam ,, Buy loli chops Chippy ,, in ChippyGamings comments.
I found this 8 hours in and from 26 cents ( at least what I saw) was 12.50 Euros
Keep me posted on its CRASH.
@@tawumpas back down to a euro now
As a "Certified Lollichop Invester" with 10 strange lollichops, and a pro ks collector's one. This is truly the TF2 inflation of all time! o7
Holy fucking shit it already inflated hard
you just made so much money
im so sad
Guys!!! I've just checked Elmaxo's channel and it turns out Australia is a real country and not a funny fictional place in TF2 universe!!!
Elmaxo has inspired me to preform morally dubious acts such as market manipulation and *_committing straight up theft_*
Let's demand him!!!
Godspeed Brother.
#relatable
I was genuinely planning on buying a strange version once my market restriction was over and this happens
RIP
a moment of silence for our brother o7
good luck, its now nearing 20 US dollars on the steam marketplace
oh the misery
It's often back to normal within a few days, just give it a bit
Imagine going to Australia, and being approached by this man saying "I got a business proposition".
Roughly about 20 hours after this video was released, somebody in a server I was in found a lollichop from random drops, and that made the entire voice chat go mad with the desire to destroy the steam market.
Was it on 2fort
damn cant wait for the sequel "elmaxo goes to prison for securities fraud"
yup he's gonna get banned for sure
@@zweboi1094 almost certainly not. There's not really any legal arguments you could make unless he's flipping them.
Just straight up going "we're running a pyramid scheme" is one of the funniest things you could say while trying to hand out the fliers.
I gifted this to my friend who started playing tf2, now he mains lollichop pyro
what an uplifting story
He will be rich in 2 weeks
@@SkFan5 well mate even less
the lollichops have already gone up by dollars on the community market since this video dropped, may god bless us all. 🙏
I checked, strange lollichop (in my currency) it has risen from 8'000 rp to 128'000 rp. A total of 1600% increase in value.
the steam graph shows that the price went up immediately after elsexo uploaded this video
its insane
I'ma bouta have some fun
God bless
as a lollichop user i am very pleased to see that you have taken interest in it. i truly love pyrovision and the high pitched voices you get when using it and i think that gets overlooks a lot, thank you elmaxo :)
The part at the end of the video where he just goes up to people like he’s forming a massive scam is just comedy gold.
You know you are watching a good youtuber when he asks to help him inflate the price of a silly little virtually lollipop.
Valve will trade ban anyone who does this
@@FireRappers nah.
@@GodBidoof It already happened when streamers manipulated the price of CSGO graffitis
@@GodBidoof Yeah bro i have no idea why he's doing this, it will be looked at like fraud.
@@FireRappers maybe but again tf2 is like the middle child of all valve games, tf2 barely receives valve’s attention so who knows
Speaking of the trading system...
There's this really cool thing that allows F2Ps to get strange weapons
Its called "random drops"
Think about it.2 random drops of the same class=1 scrap.
3 scrap(6 weapons)=1 reclaimed.
3 reclaimed(18 weapons)=1 refined.
Let's take the cheapest strange(probably a MK II botkiller minigun) as 3 refined.
1 strange=54 weapons.
It's a long and slow process,but it seems beautiful to me.
I feel like I've heard of this before. My brother had it on his computer. Something called lolli inflation or something I'm not sure
LOLLI INFLATION BRUH
man
This is the single funniest comment I've read on TH-cam in my whole life
Cheers mate
Max's W rizz
broo 😭😭
2 hours and the price of a strange lollichop has skyrocketed to 10 euro. You monster Elmaxo. Godspeed!
10:00 "Im running a pyramid scheme" LMAO, what a great quote
technically it's a pump and dump but close enough
@@globalincident694 i think that phrase might raise eyebrows among people that aren't into economics, though
@@globalincident694 you might not wanna be yelling "I'm running a pump and dump" in public 💀
7 minutes since this video came out and all strange lollichops have already sold out
I'm sorry sir Elmaxo, I'm already a collector of Ham Shanks (at a total of 600 Ham Shanks)
But I wish the rest of us the best of luck, lord bless the lolichop!
Amen
Crit-a-cola
Would you like a genuine killstreak shank?
But good sir, we require your assistance in rallying the lollichop army. We can raise the Shanks next!
@@Crit-a-cola no fucking way crit-a-cola
If anyone has a card that maxo was handing out, imagine what a collector's item that is.
Elmaxo artificially inflating the price so he can sell off his lollichop stash lmao
If its not him its someone else taking advantage and its gonna be a mess
Has real world value because you can exchange between skins and dollars so it's just illegal 💀 hopefully this doesnt blow up in his face
He said he won't/shouldn't do it, but I say do it! Create a follow up video with how much money he got in profit from doing this, as a scientific experiment of sorts
@@EwokBb You can't take wallet funds from market sales and convert them back into real money, so I don't think it'd be an easy conviction if someone tried to pursue him on criminal charges. As elmaxo said, it's pretty fundamentally different from manipulating the stock market. There doesn't seem to be any real legal precedent from what I could tell from a quick search and, at least in the US, it seems that virtual items like NFTs don't meet older legal definitions allowing them to be regulated by organizations like the SEC. Obviously it might be a bit different with him living in Australia, but I just don't think most judges would want to touch this case when digital items are still pretty up in the air.
@@faceless2302you can sell them for money on external sites like backpack.tf though
The strange lollichop has now gone from 0.6$ to 10$
Its so surreal seeing somewhere i visit so often in content I watch,, thank you elmaxo :)
Elmaxo's irl acting adds so much personality to his videos it cannot go unappreciated
Lolichop: For people who don't wanna equip the Pyro Goggles
Fuck you got me
"The TF2 economy will be fine, so long as nobody attempts insider trading."
"Question."
"What's your question, Elmaxo?"
elmaxo: i made all of my fans buy the Lollichop
5:30 Was a pleasure to have been shouted out in your video, thanks for allowing me part in this :3 Can't wait for you to be in mine next muahahahahah
Absolute madlass vaccinator collector
@@creepyghost2001 adhd crackhead hoarding loonie
Least schizophrenic vaccinator fan
The Lolichop has a unique taunt and thats pretty cool
speaking of unique taunt..........
..........doesn't the Rainblower also have a unique and useful taunt?
@@謎思特異 pyrovision economy crisis 2023
Does it?
@@AverageConsumer-uj8sm yeah pyro waves it around the air instead of playing air guitar with it
4 months and I realise I had seen you in the streets doing this... Damn knew I should've joined the pyramid scheme
The fact you went out in person and did this is just amazing it shows how much you go above and beyond just to entertain us
It's actually kinda scary how much influence TF2 content creators have over the trading economy. Like, the fact that they can inflate the prices of items to several times what they were prior by complete accident feels like it should be a source of existential dread.
I can say without a doubt that thru my 3000 hours in TF2 I've never seen any pyro use the Third Degree or the Volcano Fragment. Not once.
I’ve played for about 500 and today I got killed as medic by the third degree through the healing beam
I use the volcano fragment a lot I'll get you one day
you've blessed me, ive had over 40 strange lolichops from case unboxings from ages ago, and now ive been able to sell 24 of them at an average price of $3.50. So i guess if i ignore inflation from 2015... i profited?
A truly elite level businessman at work.
Never forget the Team Captain collector whose wife left him for the creator of TF2 Outpost even though they were on different continents
As of 1 hour after posting, the strange lollichop has gone from ~$0.60 to more than $10 on the community market
I have a feeling that this is gonna turn into a huge thing that gaming news sites are gonna call lollipop gate.
Lollichopgate
Honestly, so much respect for shamelessly going up to people to ask random people on the street if they wanted to join in lmao
Love the transparency when asking people if they would like to participate in market manipulation 10:27
Elmaxo is offically SoundSmith Lite at this point, and I am TOTALLY here for it
It's always the soldier mains who comes up with the most ridiculous ideas isn't it?
@@zanwrightmfwr756 Yeah.
i never expected to see a TF2ber go to prison in real time
Lollichop to the Moon!
i would not have even *near* the confidence to go out and hand out posters for a virtual lollipop weapon, props to you
“Money costs money.”
-Bilbo Baggins
Wow that did not take long. Less than an hour and strange lollichops went from £0.40 to £8.89
I actually ran into Lucy in MVM once. She was on medic, and needless to say she was running the vaccinator
She carried it the mission hard, and helped me get my highest demo damage on empire that run :)
That's it I've seen enough, I'm subscribing. It's absurd how entertaining you make this stuff.
Finally, some love for the Lollichop. When I joined TF2 the first thing I did was buy every Pyrovision item and create the ultimate schizo loadout
are we the sqme man
Every day TF2 as a community grows more insane and I'm glad to embrace it. Hail the lollichop.
“the internet’s funniest and most attractive micro celebrity” bloody facts mate
I'm a trader and I'm glad to say that the price of the lollichomp is skyrocketing
if i had a nickel for every time a tf2tuber tried to manipulate the tf2 economy as a joke i would have 2 nickels
I had a lolichop when I started playing tf2, I don't remember how but I think someone gifted me the lolichop. I though it was cool and it looked different so I started using it. After a while I deleted it from my inventory because the lack of space and instead, I replace the slot with a volcanic fragment because when I was brand new I though it look cooler than the lolichop. And now I could have made a lots of profit. I regret it every single day since I deleted that lolichop from my inventory. Thanks, Elmaxo.
I like how he's literally calling it a pyramid scheme to random strangers when it's not even one.
You cant get strange lolichops anymore, this is literally gonna leave a mark on the market
I haven't actively played TF2 in probably over 6-7 years, not even occasionally hopping on. Regardless, I have watched all of elmaxo's content as a means of nostalgia, and honestly, the content has been so refreshing and amazing. I look forward to every new upload and will sit thru the entire thing no matter the length or topic. The script is always well thought out and clever. The balance between humor and great narrative despite even the most silliest subjects for videos always has me entertained and in awe. Maxo's honestly rly talented and I'm sure he can be making videos about almost anything else and churning out just as great content, but it warms my heart to see his dedication to TF2 despite how much this game has aged. With that all said, my former 15 year old self thanks you, elmaxo, for bringing me back that feeling of absolute joy and fun I got from this game for a long time, even if I don't play it anymore. Keep up the astonishing work!
Oh my god Elmaxo is on the Soundsmith market manipulation arc
My man just made the silliest market manipulation ever happend☠️
@Fennec K Finesse sus
Awesome midroll disclaimers! Thanks for protecting your moral integrity
Recently there has been a wave of steam market manipulation attempts, especially for Consumer grade CSGO weapon, this is pretty much equalent to an unique weapon in tf2. If you take a look at the AUG Storm minimal Wave, you can see that the price got incredibly inflated and still is (as of writing this).
What I want to add is that loads of people that has been trying to sell the AUG on the steam market at this inflated price, has recieved community bans with the message "This account appears to have been used for fraudulent activity". This is most likely just temporary for most users who wanted to profit, but some can be permanent.
TLDR: Pump prices all you want, but be careful if youre actually gonna try to take profit. You might get hit by steams automated anti fraud systems
Someone got their accounts banned until 2039 for doing what you described so yeah.
I don't think elmaxo thought this through 🤣
I had 4 strange lollichops just sitting at my backpack for 6 months straight until I saw this video...needless to say I'll leave the rest to your imaginations
You now have 40 of them
Just checled, 10 months later the Lollichop is still half a scrap. We failed.
Edit: Just double-checked and holy fuck did the strange variant inflate.
Whenever you're gaming and you find yourself looking up the local laws on market manipulation... I think it's time for a break
This entire situation is so absolutely ridiculous 🤣
And this actually made me want to get a lollichop. Literally just for the haha funny
Exxo
Among owning a Professional Killstreak Collectors Lollichop, I also own lots and lots of lollichops. Always collecting more. Why? Idk, I forgot a long time ago
can i point out that at 9:29 elmaxo is standing like a foot taller than the woman, so either elmaxo is like, 1.9 meters tall, or that woman is like, 1.3 meters tall
i feel like elmaxo is on track to becoming the most popular tf2ber
Thank you elmaxo for increasing the value of the Profesional killstreak lolichop kit so that the one I had sitting in my backpack for years was now worth selling.
TF2 youtube back then: hey everyone its jerma, i'm going to casually talk about topics I enjoy while I show TF2 gameplay
TF2 youtube now: borderline illegal market activities and challenges which, in a game about KILLING PEOPLE, somehow still feel like crossing the line in terms of ethics
I find it HILARIOUS that no matter who or what TF2 comes into contact with, they end up becoming memes.
"for the funny"
that's just the truest phrase i've heard this year
Alternate title: Elmaxo manipulates the market
My man's done illegally manipulating market using his influence 💀💀💀
Mom: Why did you buy 200 $ worth of virtual candy?
Me: For the funny.
This feels like something spiffing brit would do. And I'm into it.
spiffing brit did something like this for a sticker (i think?) on steam
search for: buying every cucumber on steam
edit: link for the spiff vid
th-cam.com/video/u372HKrw5eA/w-d-xo.html
🤨
I think he did it with pickles a few years back. Might be wrong though.
In less than 2 hours of this being posted a strange lollichop went from being around half a dollar to upwards of 20 dollars
the power of micro celebrities!
"TF2 inflation" ? Elmaxo is doing his part. The joke will continue to exist.
You know
I respect the fuck out of touching real life grass in order to sell virtual lollipops.
Respect
You know, I will say if you do end up causing this to happen, you will be causing issues for anyone who may have been saving up for one of those items, particularly the collectors or a killstreak items.
From a utilitarian perspective, the community-wide hijinks and camaraderie that ensue from lollichop market manipulation probably outweighs the harm caused to the handful of individuals that would be both interested in collecting lollichops and hadn't already done so in the past 11 years since the item was added.
what're you in for?
elmaxo: inflating the price of a virtual lollypop
Is this what happens when you don't update a game for over a "few" years?
The Mann-Conomy Update was actually released on 2010, not 2012 although you got the month and date correct
Was about to comment this
It’s not about the money, it’s about the funny -The Joker
just an hour and the lollichop is already inflated in price holy shit