Splinterlands Where Are We Now? What Are You Buying?
To begin with let's list all of the things that can be owned in Splinterlands
Cards: Alpha, Beta, Untamed, Chaos Legion, Dice, Rewards, Promo
Land Plots
Totems
DEC
SPS
Titles
All of this post is opinion and in no way will anyone be seen as giving financial advice.
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Player @cornavirus said "there is a lot of different ways the creators can take the game" and another splinerlands player was seen saying "bitcoin save us all"*. Ty from Clove's stream introduces us to the rewards card trick- buy them for tiny pennies and sell them later. A player from my live stream said why not grab rewards cards, rent them, then buy cards you need to play with.
While Splinterlands is really fun to play it's also a play to earn game. Whether it's fun from playing the game successfully or what earns you the most, it's efficiency in controlling the assets that wins the day. However, I wouldn't rule out some nostalgic or collectors value notions at some point in price.
*Before going further, what does bitcoin have to do with Splinterlands? Aren't they separate? Because Splinterlands is a blockchain game and it has huge infrastructure built for cryptocurrency, the game is under the umbrella of crypto technology. When bitcoin price does well, crypto people have more money to spend, and more people are coming into crypto.
I remember seeing the founder of Splinterlands, aggro, saying it's nice seeing SPS go up independently of bitcoin a while back (I think it was a big SPS nodes announcement day). I was right there thinking hive fives bud, the rest of the world should know how awesome Splinterlands is, and I really wish it would spread it's wings away from bitcoin price.
First, when we buy Splinterlands assets, I do think we should at least consider the future of bitcoin price. With the U.S. feds fighting inflation with interest rate hikes and the Russia war to boot(uncertainty), less aggressive investments have been the consensus. Note that a correlation between stock market movement and crypto price has been emerging.
I do wonder if the Splinterlands team set land development release a little further on in the timeline then we expected to hopefully pick up on a bull crypto market. Just curious. I will tell you one thing, if we do go on a good bull run, and that seems likely once the fed stops scaring investors, Splinterlands land is gonna boom or skyrocket. SPS price will increase from the card set that can only be purchased by SPS. The SPS nodes will continue to give upward price movement.
Working through decisions of what to buy and sell in the game would be easy if we knew what will have the most power and/or use case and how long will it stay that way. Until then we'll have to make educated guesses.
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Video Walk Through of Savings on Splinterlands Card Purchases
Use and Frequently Asked Questions for Cardauctionz
Do you think potions will ever be tradeble?
Personally i think, buying /owning cards that are still printed (CL / reward), is not the best investment. There is a lot of sell presure until roughly a month before they get out of print. But that isn't anytime soon.
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interesting "There is a lot of sell presure until roughly a month before they get out of print" well if that is the case we will get a lot of great deals!
thanks for commenting!
I must admit that I was pretty close to selling my plot the other day. Some reading and thinking changed my mind though. Other than that, I'm acquiring more SPS and some missing cards too.
I'm curious what price you bought the land for? What thoughts made you think it was time to sell? Any key idea that made you decide hold? not financial advice but I do think SPS will get a good bump from nodes and the sps card set riftwatchers, I feel like the crowds kind of late for the last minute for the news to sink in
It was a while ago, it was this raffle on Discord if I remember correctly. I got like lucky and won something like 8 tickets and that brought me 1 plot and 2 common totems. I remember people telling me I was quite lucky, especially with that plot. To be honest, I needed some liquid and since I haven't heard of the land expansion for a while, I thought maybe sell now and buy back later if it's cheaper. After doing some research I came to the conclusion that if I'd wanna do that, it should've been done maybe six months ago. And also found out about the scarcity and how huge the expansion could be. So now I'm a happy holder!
As for SPS, I agree with you. Also done some reading about SPS and since it's used to buy nodes and what nodes do, plus the end of the airdrop. All these should add to the demand.
Do have some info about riftwatchers set? Some link? I'd like to learn more about it .
Good things to think about. I personally think long term and think to myself:
"if we have people all over the world playing this game and the crypto gaming space becomes mainstream, what will the demand be for all the assets (land..cards..sps..etc)?"
"do I think crypto gaming is going to be a popular phenomenon in the future?"Spl
"does Splinterlands have a good chance of being one of those big players?"
Everyone can answer that their own way, but I know how I feel!
Good post Marcus! :)
I believe in the future of Splinterlands, and I agree what Clove71 said. I always get some extra reward cards everytime I have a chance to buy if it goes down the price a little bit, I do rented out all of them and later buy CL cards using my rental revenue. It's awesome seeing splinterlands asset going down because we players had the chance to accumulate assets and later on sell them in a sweetest price😁. In the end there's still the saying of "buying low and selling high"😄
oh well said indeed, we are in a buyers market nfa of course :)
Haven't played much splinterlands maybe I should get into it. They've got àny tutorials
Interesting you should ask, I'm just finishing up with one you can be the first one in :) https://peakd.com/splinterlands/@marcuswahl/5-minutes-or-less-hive-gaming-video-series
Sweet thanks
I am stacking more SPS as there's many usecase for it. DEC I'm holding some and sometimes buy $5 worth. Cards I'm buying the cheap Legendary, surely the are very undervalued !