Grain Inflation up to 77.12 from 76 Grain/DEC
Grain/DEC even though DEC is up slightly vs USDC grain/DEC is up meaning more grain cost per DEC when converting your grain to DEC in the market place. In a couple of days were up another 1.2/76 in inflation for grain which is a pretty high inflation trend especially since it started in the 54-55 range for 1 dec so now earnings in DEC are down approx 50% just bc of inflation of grain against DEC so your PP would have had to expand by 50% or more to keep up. Will need to see what the cost of grain is per SPS and see whether or not its worth producing SPS vs Grain or research and depending switch some of my higher pp cards over to my epic plot with a RUNI and swap those cards to the SPS plot to get a higher pp on the grain if the grain PP is worth more right now but not likely as all the multipliers when you have a occupied card with a Runi make your PP a lot higher. I have a multiplier of 2.6X on my SPS plots due to the various boosts from the occupied common, runi, title and totems that are on the 3 SPS plots. If producing SPS is more efficient will swap the grain plots until there self sustaining. Either way will use additional card purchases once the income comes in to be able to bid on some of the cards I need as all purchases will be done with 50% of the earnings for any additions to the game and 50% will be distributed to my the part of my overall gaming portfolio that is made up of non gaming assets for cash flow only or appreciation that is not correlated with SPL assets as very much which helps the cash flow remain not correlated to the cash flow from the gaming assets and right now having the cash flow in the other assets has been more profitable so that hedge had paid off as a result as many of those SPS or DEC before hand were sold at much higher prices and have since appreciated but this wont perform as well if the bottom is in and SPS has even a rally back to .03 which is like 3X -4X up from here which isnt to far from the last pump but this time I am hoping we get a more lasting pump with earnings down due to cuts on inflation and sps/dec prices as well as grain prices for there DEC conversions or use in mining SPS. If we end up turning the demand around even a little bit to have a more stead influx of new players that stick around and play the game then demand of SPS will be sufficient to have it move up a bit but that will fist be met with heavy selling as likely people who bought low will sell a bunch off as well as many people who were saving there sps and might now be in the green as well as some that will sell just to re coup some basis but once that initial bit of selling is out of the way if the demand stays around then the token price can start to go up as more value will be coming into the ecosystem which if sustained will increase the market cap of assets and SPS as well and allow for expansion of the game with new sets and the DAO will benefit by partnering with SPL inc and if the DAOs value can go up it can do that more easily and once it starts doing that more and making money from that the DAO units will look more attractive as they will actually be running a cash flow positive DAO at that point which would make the units keep appreciating as concerns for the longevity subside then prices would likely push up further and as inflation decreases continuously on the various rewards the supply of new SPS will be pretty easily outstripped by a pretty small amount of demand from a decent influx of players. For me I am selling half of my earnings and adding half back in to improve the earnings by adding to my land holdings and land cards as these will likely have long term appreciation as well if this is the bottom as the land cash flow would improve a lot if SPS goes up as well as if DEC is near peg earnings would increase by 30-40% bc DEC would be worth more in USD terms as well as SPS if it went back to even 1.5 cents the land income doubles from its current point approximately for SPS plots.
Keep up the good work. 👏🎵
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