Hive Post Deleted - I No Longer Support This Blockchain

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(Edited)

Hive Post Deleted - I No Longer Support This Blockchain

splinterlands
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I think you captured the only scenario that explains the drop in SPS and DEC, people selling them in order to buy voucher or packs. I never anticipated that outcome because, quite frankly, I didn’t think people would be that clueless as to the economics of the pre-sale. There’s going to be a lot of bitchy people when this is all said and done, people who way overpaid for vouchers and those that way overpaid for HE packs.

I really hope your dr blight card ends up worth more than the voucher value you may end up forgoing if they stay at $15-20 each throughout presale. At this point, I think I’m selling all vouchers and I’ll be able to buy specific cards cheaper after the fact. Only time will tell though. !PIZZA

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My thinking exactly. I mean, I still haven't gotten a full voucher (80 staked SPS get you not very far), but I intended to go all in buying packs, when I heard, CL was around the corner.
After the Voucher introduction, I had to shift my focus and came up with the strategy to buy packs after the voucher phase and buy specific cards from the market, when they flood in.

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(Edited)

Very good information and I am also from those who bought Vouchers in the market and pass them into the game and you can buy 2 pack as I show you here https://prnt.sc/1ww6kbj but as you say you do not can I open, my question is the next, can I open them when the pre-sale ends? I have to buy something else? or have I lost my money inverted? This information is very good and I think that as you say many people do not know this. I await your answer

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Yes, you will be able to open them when the presale ends, and you will be eligible for the presale bonuses as well since you bought your packs within the game.

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Thank you very much, now I understand what it says in the post, I was guided by intuition and I have bought 15 chaos that are worth cheaper and I can only hope that the price rises like the other pack and I put an example: the Splinterlands Land Plot when I buy it It was worth $ 8 and now it's for $ 1000

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It's funny because a lot of people were celebrating a post by another user who bought a pack for an expensive price and this is a post saying to do the exact opposite. Hopefully they give you a good chunk of spt as they do other users. It's a well written post and I enjoyed reading it. I can't afford to do anything with vouchers or packs until the regular sale period comes along.

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I hadn't seen that post, that's pretty funny though :-P

People celebrating having spent too much money, haha!

It's like how thousands more people start tweeting about buying crypto... when the price skyrockets haha.

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She knew she would make $50 in SPT for that post, $20 more than paid for the pack. Ended up walking away with a nice profit.

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The post was more of a celebration of being the first to purchase the pack on the secondary market. Other than the bragging rights of being first, and the huge earnings from the article, there's no point buying it so expensively.

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Same here. I sit this one out and buy cheap from the market (and a few packs).
I shifted my focus on reward cards at the moment. When they go out of print, they go up as well, I hope.

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I have also found the situation a bit baffling, but I guess a lot of people really don't keep up with any Splinterlands news at all. Which probably means they won't read your post either, but at least you tried. :)

Hopefully you've at least managed to fill in the gaps for people who missed the key detail about needing to buy direct to qualify for presale bonuses.

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This is great information, it is a pity that many people do not read this, but in my weekly review that I do I will put it, because it is very valuable information.

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Thank you for this post. :D

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Completely agree with everything you wrote, buying a pack of cards from outside markets is really no sense.
I since day one am selling all my token vouchers, if they drop in price in the last days of the presale I will buy them otherwise not.
!PIZZA

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I'm right there with you, so far at least...

I do definitely want to get my lvl 3 Dr. Blight, so I'm on the fence about selling away all my vouchers, just in case the price stays steady, or goes up, over the month, and/or the card does end up costing $500+ per copy.

Playing it by ear, we'll see what tomorrow brings :-)

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It's really frustrating people are proving up cl prices and therefore keeping vouchers prices so high! Its just feels crazy!

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There really are some people who'd take advantage from other people's disadvantages.. . Specially those who use to buy--play--earn--consume--repeat cycle who usually consumes more than what they earn.

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This situation also appears strange to me. I am a new player as I began the game roughly a month ago, yet this issue is quite apparent to me. I think the people buying these packs are people who didn't care to do their research ahead of time coupled with a fear of missing out, despite the fact that packs not purchased in the shop, carry little to no benefits except for the cards they contain, even if they were bought during the presale period.

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FOMO is the wallet's worst enemy, haha!

Obviously the folks wasting their money are going to be pretty pissed when they realize what happened... my only concern is that this may result in a ton of folks leaving the game, and speaking negatively about it because they got "ripped off."

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I think as always in life, most people won't even notice, they got ripped off.

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That's probably true.

I wonder if this is the kind of situation that the saying "ignorance is bliss" is really referring to... If you're stoked you bought some early packs, and don't ever realize that you paid 5-6x what they were worth... then did you really get ripped off?

Yes. But you wouldn't mind. Haha!

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Yes, exactly 😀. And many people who FOMO in, seemingly have this kind of cash lying around.

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Hello,
I found your post interesting, but I had one quick question for you. What is Doctor Blight?

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Congratulations @kennysgaminglife! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

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Your next target is to reach 2000 replies.

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Well written! It's nice to try to draw the attention of ppl about this hype driven madness.

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I was actually tempted to buy the Chaos Legion pack at Hive Engine seeing that it's much cheaper than the vouchers but ends up buying SPS instead. That being said I might buy some packs if the price goes down to $8 and/or if the price of the vouchers didn't change after the pre-sale since I don't really care about the bonuses as I don't have enough resources to buy 50 packs let alone 1000 packs. Of course I could just end up buying more DEC and SPS instead.

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What about buying CL at 4$ when pre sale ends?

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Then I'll buy some in a jiffy. Anyways, I don't think I would be able to buy anything during the pre-sale with how things are so I could only wait till the pre-sale end.

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(Edited)

Your analysis is on-point, Kenny. I like enjoying the H Y P E myself too, but the prices, today, make abslutely no sense at all.

1_up_curator_luizeba.png

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I was gonna just get a few packs just to try out.
But balked at the crazy prices.
Besides, I haven't even figured how to move my meager SPS in HE over to the Splinterlands website. I'm so Nooob.
I was just getting interested and now I'm getting turned off.

Posted Using LeoFinance Beta

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If you go to your SPS page in-game, then hit the transfer button, then select wallet > Hive Engine, put in the amount, and hit transfer in.

Don't worry about the pack prices, they will be $4 soon, when the release happens, and will most likely be crashing before that as well, as people realize that packs on H-E are worth less than a normal pack, because they don't qualify for airdrops, promos, titles, etc.

As usual, it seems like the biggest issue is a lack of clear communication, leading to a bunch of folks making really bad financial decisions.

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That's well written, objective and a very needed article. Keep the great work, dude!

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