Download Opera GX for free: operagx.gg/TDMHeyzeus Follow the release of this video CS.money contacted me to provide a comment on their business structure, which I've provided below. - cs.money as a service is owned and operated by a Cyprus company, which means that we operate within the Cyprus laws and pay our taxes there - we have nothing to do with Joachim. Cs.Money founder and the owner has never changed - his name is Pavel Dunaev, you can easily find him on LinkedIn, for instance - though Pavel has a Russian origin, he is a Cyprus resident and lives there right now - we have R&D stuff in Russia, but we also have people from Ukraine, Belarus, and other countries as well, never been or felt like a Russian company

Small remark: Joachim is definitely a normal Belgian name tho. Less than half the country speaks French, the majority talks Dutch, so asking a french person to evaluate that name for you wasn't the best move. Also it's basically pronounced yo-ah-keem. It's not the most popular name but you regularly come across it in the entirety of central/northern Europe. The lead singer of Sabaton is called the same for example.

I mean, them saying they are the most PROFITABLE trading site isnt exactly wrong on their side..

Well "Joachim" is an actual name in Germany, not very common but a legit one. And many people from Belgium speak German, especially those that live close to the border

just to be 100% clear: only half of Belgium speaks French, the other half speaks Dutch (Flemish), so in the Dutch speaking part of Belgium (=Flanders) Joachim is a very common name.

Long story short: Their trade prices are way off, their buy/sell prices are thief.

Back in 2017 I used to buy market price redlines add 0.10c skin in a trade and trade it on cs money for a full holo/foil sticker crafts, good old days...

Actually for me the time before the float-overpay was the best. Because in that time you could buy rly good floats for the normal price. For example, I made a lot of profit with the Crimsonweb-knifes.

its funny how you can trade your FN knife to the exact same knife in BS and still have to pay for it

I am the "greedy piece of shit" at 7:05 :D The problem wasn't really that they raised their fees, but rather that they tried to be sneaky about it at first, and only publicly announced it after the backlash. Also they had a 2% or 3% fee before that, so it felt pretty big at the time. But that was almost 5 years ago, things have changed drastically since then, its easy to laugh about that post now.

Just want to add on the Extremum part. Cyprus companies have to have a Cyprus citizen as CEO and a Cyprus address. So when you want to create a Cyprus shell company to avoid capital gains taxes, you get in contact with people who make such companies and you will get assigned a CEO and an address(postbox). So just because the Director of both companies are the same, it does not mean that the real owners are.

Very nice video! The only thing Cs money is good for today is really to look for different skincrafts and use the 3d feature to look at different skins in different floats.

Good and important video lad, thanks for clearing possible new players up!

I used to take advantage of the bonus they paid for keys + promoting in your name, you could buy keys on op skins between $0.75-$1.30 and flip them on cs money for $1.49+. You could then buy a high tier skin from cs money, sell it on op skins and start again.

Bro I stopped playing cs 3 years ago but still watch your videos about these stories

csmoney is the GameStop of csgo skins

Whos here after they got hacked?

People really need to understand the value of a PR team. The solution to the price hike problem was to just ban some big name traders, run a giveaway, paint them as bad actors because they tried to take advantage of the site.

9:30 why there is hidden surname in the main part of the website and then you can see it on the right side?

dude. I love the videos and please keep the long-form investigations coming.

Funny thing is, lot of screamers/csgo icons know this, continue to be sponsored by this, and turn a blind eye towards it, these are the same people who talk about integrity in esport scene.

damn i was hoping you had gotten csmoney to sponsor this video. that would have been legendary

FINALLY!!! I WAS WAITING THIS VIDEO FOR MONTHS!!!

KZfaqrs are completly killing this Site. now its gonne be gone in a matter of months (in my opinion its a good thing)

I bought my first ever knife after I returned back to cs like a year and a half ago not knowing cs money was such a trash site and since then have seen so much shit being said about the site being not worth it to buy from. Biggest regret I ever made after seeing the prices be like 20 bucks less on actual good sites. But hey still got my knife so at least it wasn't all bad.

anyone notice if you get a deposit bonus all skins in the trade side of things raise that same percentage?

I'm Australian and in csgo I've been getting 6 ping I don't know how my ping I'd that long considering I have no bars in my room

would be funny as hell if it was sponsored by cs money

One year ago i was trading my knife for gloves and awp wildfire while i was trading they had been hacked and some one stole my knife after that i wrote to the cs money support and they said that they cant give my money back :(

I've literally had to resubscribe 4 times, I don't understand why youtube keeps unsubscribing me from your channel.

I have been watching ur videos as of late and u were sponsored by them at least a couple times haha

good old times when i used to buy skins 75% market price on third party sites and not 10-20% over paying for it...

A lot of russians visit/live in Cyprus, maybe their location is legit, plus Joachim-Ιωακείμ is a greek name (the language Cypriots mostly speak)

9:25 the way he butchered that name really hurt

from which site do you get the "real price"?

I have a great idea for a video: make a video on websites to use for trading/ cashouting with the best comission, trusted sites. Just some tips for starting traders

what song in the background

awesome history lesson, as always

So what trading site should I use?

dumb question but whats the best site to buy skins from. i've got back into cs and bought some off bitskins i think but not sure if i got a good price

Which trading site or market should I use to appraise my skin now?

Epical vidya my gamer!

10:10 his name is censored on the main bar but not on the side ones in the top right lmao

Why did you just gloss over the extremum ownership? Excorp clearly states they are the owners of cs money and im sure there is more to be uncovered about the founders if you dig deeper into that.

Why Do you have Warcraft 2 theme soundtrack on the background? ) xDD

I wonder how mutch longer that site can work when pricing is so mutch off that using steam is cheaper.

Having not heard any of this a few weeks ago, I bought a knife off the site, a FNbowie doppler phase 2. The price was good especially since I was using cash and also took advantage of their premium free trial. All in all, at least with the bonus from the free trial, the price was significantly better than I could have expected from a lot of sites and certainly better than the steam market itself. While I don't think the things they did are good, my experience was positive overall and I think they do deserve credit for that. I also think many of the complaints mentioned are worse on many other sites with respect to mark ups and general shady pricing. I also don't particularly have a problem with them keeping their prices high during the bubble except that they also locked accounts. Its not really fair to blame them for doing something they have the right to do when the traders on the site are simply trying to take advantage of them. At the end of the day though, the preferred alternative is a free market like the steam market, but with less fees and better features like float and sticker upcharging.

Looking at old screenshots of soovie Dlores selling for 3.8k just made me cry

I once had a FN .009 T2 Bluegem AK-47 and they didn't give extra... A friend of mine then bought it off me and traded it some time later... The ak was worth around 900$ and csmoney only offered 70$ ish.

Before even starting, I hate Csmoney cause they give you absolutely jack for your skins and bump up their prices to offset the “Extra money” they give you from deposits

"Joe Jim" is my favourite Belgian name

Yo does anyone know the site on 19:49 I need it for a school project (not kidding btw)

thanks again for your effort and pointing it out once again 👍🏼

Oh damn. I'm also in that video haha. I also would've had some probably unknown things to add to your list of shady things about them.

you know that video has good story when back music is from runescape

Anyone want to bet that Dracula has sunk his claws into this one after learning how to hide his identity better...?

those 2016 skin prices hurt to see lol, ST FN kara dopplers for 650$

Joachim is not a rare name at all? It's pronounced Jo-a-kim, not joatjin. Maybe this name just doesn't exist in AU? It's very common in EU.

I think you made a mistake at 10:12, you blurred his last name under the avatar, but it's still listed on the right side

but if they say they will give you a cash out option but never do im pretty sure thats breaking some sort of fraud law

I’ll admit I always use their 3d site when making new sticker crafts. Saves a lot of money when you know exactly what sticker to buy for what skin

factors outside of the owners control broke the website but the owners would rather exploit the users rather than take a loss

Ngl i have my fn butterfly slaughter from cs money, but i only did that because my stattrak awp lightningstrike was priced double back in the day for some reason, even though i couldve got it for way cheaper on the steammarket. Ngl nowadays its hard to find a good deal, but when you can have a good deal, do it. Double check and tripple check because the algorithm is not perfect, use that exploit guys

I was waiting for this one since i’ve heard you trash on them for a few vids i watched recently. this why i use cs deals no cap. please lmk more buying sites.

A little information on "Joachim". It's pretty common name for the native dutch speaking part of the country.

I think the thing with prices was just them trying to avoid taking that multi-million dollar L you mentioned. They had to choose to either let their prices crash with the steam market and take a huge L or do what they ended up doing, which was temporarily inflating prices and letting them slowly get back down to normal. Of course, they couldn't implement cashing out while their prices were inflated, too, so it sat saying "coming soon" I'm sure i still don't know the whole story, but i think they had to choose between two bad choices and are dealing with the consequences.

omg not sponsored by skinport

Missed a few blurs on "Mr. Founder".

Holy shit the way you pronounce Joachim :D

JoaCHim ahaha we say Jo-ha-kim joachim aha nice vidéo as always great content thanks from France

You should do a video of a positive csgo trading site or known trader who've helped the community

They offered low payouts for your skins and the prices were higher than steam market.i used it to convert a shit 7$ drop and a m4a1 leadglass for a mecha industries one

Can you please make a video about site that is good nowadays in your opinion (maybe buff, maybe skinport etc.) Thank you so much :)

cs money does not pay, they say the reason is that my limit is insufficient, but when I talk to my bank, my limit is enough, how can I solve this error exactly this is "CARD LIMIT REACHED"

You forgot to mention them charging so much extra fees with items that have good floats

you should make a good trading site i mean exchanging my skins for the ones i want

i was expecting the skinport ad ngl

i never understand how trading profit in csgo worked i remember people sending me death threads as a teenager because my skin was 0.01 cent lower than their skin and call me lowballer

10:05 top right last name leak?

always the osrs music bro love it

What's the song at 9:07?

thanks for another great vid :)

OMEGALUL, you tried censoring Joachim's surname but it can be seen in the top right around the 10 minute mark.

Really unfortunate watching all of these relatively useful sites go to shit just for the sake of money. With how profitable it is when you’re not using shitty/scummy business practices in the first place why can’t you just be satisfied with what you’re making instead of ruining the business and hurting the community, when you’d also realistically end up making more money in the long run by just being a decent company.

they wouldnt even let me spend my money, they made it so hard. went to the ol steam market

More csgo lore videos pls

That bandicam tho lmaooaoa

Belgium guy here: Joachim is a pretty common name in the flemish region (basically dutch speaking part)

I was gonna put my new AWP Hydra there and i saw this video, now i guess i will hold on to it for a bit longer, thanks for the video Heyzeus

i get souvenir iem 2019 rust coats from there

YESSS another vid!!

Ahahaha, you failed to censor his name, you can see it on upper right corner where his email is :D

can we get a video on the best CSGO trading site and how it works?

They also scammed my skins one time taking them for nothing

I remember a time when csmoney took less money than steam market fee, nowadays steam market fee hasnt changed but csmoney takes like *4-5 TIMES* MORE THAN STEAM MARKET FEE

Imagine “ this is how they made everyone hate them … this video is sponsored by cs money” lol

Casual franzj shoutout😂

Really good video

Opera gx uses 23,5% of your gpu what where you doing?

Awesome video