RE: Let's Talk About the DEC Peg

Interesting thoughts.

One thing I started writing about here but took it out is that when DEC drops so low below peg there's a huge incentive to sell cards. You get more DEC which will eventually head back up. So with DEC running higher, a lot of people will probably remove their cards from the market who were just arbitraging the peg.

I know I sold a few cards for that reason that I will be buying back soon for far less DEC than I sold them for, even though the USD value of the cards is higher now than when I sold them.

That should be enough to buoy card values. And today I've already seen about a 5% increase in my deck value from when I posted this yesterday.

That said, a few days ago I opened a pack and got 20 cents worth of value out of it and decided I wouldn't be opening anymore packs for a while.

So I think what happens from here is fewer packs get opened since they are more expensive now and cards are cheap. That lower pack opening rate and the rise in DEC cause CL cards to rise in value until it justifies the packs again. Then we should be able to ride out the last few million packs smoothly.

So many moving parts though. GOing to be interesting to watch it play out.

!LOLZ
!PGM