That first presale certainly caused a lot of activity - I've only got 0.4% of the pool with 600K staked but I was showing up to - 30K DEC for most of last week and all of a sudden plus 80K yesterday!
Lots of swapping out going on.
That'll probably change as phase 2 approaches.
I've sold and swapped a fair bit of DEC for a nice profit.
Been a good opportunity this!
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I'm not sure about the price of DEC, and where it is going from here. I think it will be stable for the time beeing. Almosy 300k in the pool should do its thing. Also I would like to see DEC unpegged from the 2000=2$ at some point.
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I can't imagine it'll go down too much until the end of the year, maybe after the presales?
I need to check whether Splinterlands will be selling any in the immediate future too!
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I don't think that's ever going to happen.
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Why not ... DEC inflation is goin down, more players coming in, the price should go up :)
That's all true, but the par value of 1000 DEC to 1 USD isn't going away.
It gets to be a bit complicated. New cards are minted through pack buying, which creates an aggregate ceiling on the price of DEC. The expected DEC value of a pack is 575 DEC (with potions). So at most, DEC can appreciate to 575 : 2, which is a 4x increase. Not a bad gain, but not a moonshot.
And more likely, we will see what we have already seen. Players start burning loads of cards above par and drive the price back down.
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Ah yea ... a lot of stored DEC in the cards :)