Not enough DEC for land
In the past days, I saw several very interesting posts related to land. Let's say that there is a lot of speculation of how it will impact the economy of Splinterlands and how the value of land will evolve.
I tried to make my own analysis about how Land will influence the Splinterlands economy and I share it with you in this video.
Here some posts that tackled this subject and that I find worth watching:
My 3 Splinterlands Land Predictions
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Thanks for sharing your thoughts. Very interesting to see that there isnt enough DEC already! The price is rising already. It cant be long before it goes back to its peg.
I believe that with the supply getting smaller and smaller, there is no way that it can't go to peg. From there I believe that we will have some SPS burning action :-)
Getting SPS now, could be a smart move!
I agree :-)
I had i land, $700 good days, i sold it
That's was definitely not the worst move. With that money, you could buy 10 plots today :-)
Great stuff as always!
Thanks for the feed-back!
Good analysis! That in theory would lead to an increase in the price of DEC. We will see what happens in the next few days because it seems that we are returning to the bullish crypto market.
I also see DEC close to peg if not above in the near future. The supply of DEC is being reduced on a daily basis and it's just a matter of time before there is not enough around...
You are so smart for making that analysis
I like that
You will make me blush lol
if there are not enough dec, we can easily predict that the price of Dec will roar soon.
I think that DEC will go to peg and it will rather affect SPS prices.
Upvoted. some good ideas.
Thanks for the feed-back :-)
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The way we see it, since last few days the sprinter land team is giving some update every day, the biggest update is that its land gameplay is coming due to which its the prices of all things seem to be going up.
Well the game is developping a lot and it indeed has nice effects on the assets.
I'd interpret it as "time to get SPS" 😜. Especially with the plans to remove CP for league levels with staked SPS, we can reasonably expect the price of SPS to go up sooner rather than later.
I agree with you. I'm waiting for SPS staking on players for very very long :-)
Land is sucking in a lot of DEC and I have seen that DEC is moving more and more towards the peg. In a way, I think SPS might actually be able to be used for one of it's use cases soon if it reaches the peg.
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If DEC goes above peg, which seems more and more probable, SPS will be necessary to create more DEC supply.