RE: Create Demand, Price Follows... $SPS soon to hit $.014285 if my guess is right...

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The problem with all this is that it will turn out as just a fake artificial pump. You can't just set an arbitrary price on SPS for pack purchases at a higher price, expecting it will be worth that. People will buy now only with the reason to dump at a higher price or buy the packs cheaper. All of this is also just stealing value from existing card holders as they will see their already crushed assets get dilluted even more.



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I hear you but here is where I disagree...

  1. Setting the price with FV baked in means it gets bought up to $X
  2. Those who bought early will benefit from the "Discount" against the Mini Set
  3. The SPS will be used as Rewards refilling the Reward Pool and it is getting scaled back so less SPS emissions

Future thought: the next DEC event will see SPS burned for DEC and again a supply reduction in SPS...

This is a fantastic way to ensure the Reward pool gets filled with SPS and benefits those jumping in early, the most...

The DAO gets their SPS Reward Pool refilled... early jumpers get roughly a 50% discount...

How is this a bad thing???

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They can't just continue to print tons of extra cards all the time while there allready is a massive oversupply. It will devalue cards more and fewer players will be willing to buy them anymore. The system will also be flooded with a ton extra DEC that is now sitting locked in the dao.

It just isn't a strategy that works long term always using the same trick of 'we need something, ok lets print a bunch of extra cards".

I guess we'll see what it does for the price of SPS even though I'm quite sure it will end up as a temporary pump & dump.

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I feel that but 2 sets per year is not a lot of extra cards and is in line with what most other companies do - like MTG

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