Splinterlands Collection Power Declining in Value?

in Splinterlands • 3 years ago



We discuss the topic of CP and how its value may be affected in both the short term and long term.


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3 years ago in Splinterlands by
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     3 years ago  

    Hey, thanks for telling us the other utilities of CP. I didn't know about lands and didn't really consider the wild format requirement.
    I expect rewards card price to keep falling a bit. They have always been trading around 1.5x-2.5x their POWER value. (for instance right now, lion sells for 12DEC/BCX for 5 POWER). As DEC closing on peg, I expect them to fall again. I might be a buyer then.

    Another crazy info, I haven't done the math but I estimate by the time CL rewards are fully printed, CL rewards will represent over 90% of the actual total CP supply. For instance, 1.1M gargoya lions time 5 POWER is 5.5M POWER worth of lions. If you take all the copies of common untamed cards, 24 cards times about 35k copies of each times 10 POWER, is about 8.4M POWER. There's 29 common CL cards. CL rewards is crushing it.

    For now, I'm just holding my CP. not buying more, not selling. I'm waiting for SL next move. I might buy more later
    ign : "krazykamikaze"

    [-]
     3 years ago  

    Who knows?

    There are quite a few things to take into consideration before answering that.

    The most important thing for me is get more users in the game and making the game fun for those users. Not everyone wants to make money from a game.

    Lets hope everything goes up!

    !gif upwego

    [-]
     3 years ago  

    Good follow-up to previous video. Sharing this on https://twitter.com/PraetoriaDigest.

    [-]
     3 years ago  

    So true about CP per dollar price going down. That's how I managed to snap up 15k worth of CP for cheap the last 2 weeks.

    For me, I see this as an opportunity to beef up my collection. As you said, there's the Wild Format with higher CP requirements and future utility like for Land, so it's not like CP won't be of any use after the airdrops.

    Here's to hoping I can get some more cards before prices go up again. 😁

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