So what hnin wrote was wrong?
From Wed, Oct 28th 10 am CET further on: 1 200 BCY
If you plan to reduce price in BCY when game reach mainstream.
If that is a plan what is the meaning to buy cards now? if we will be able to get OPEN BAZAAR card for 40 BYC in a year from now?
No the price won't be smashed down. But if the BCY goes 100 fold we might adjust price in order not to have 1000 USD per card (Until the whole supply is sold, then the market will set the price). Since we are burning BitCrystals every month we could reach a point where the price of a card could be even bigger than the market supply.
So the value in fiat currency (USD) won't go lower but higher. But in any case no quick decision without a community consultation.
Yodark the solution is quite simple:
1) The price of the old card must remain the same over time, the fact that now those cards are overpriced in fiat money do define their rarity and it is the reward for early adopters.
But
2) The price of NEW cards Must be smashed now (imho). Let's say about 30%-40% less in bcy terms, to give a chance to buy one to not so wealthy people and most important to new adopters, those that did not do the crowdsale.
My take is: You really have to take in account bcy and bitcoin volatility by designing the new cards price curve on some fiat money alghoritm. After all, we hope (or think) that the most of the revenue stream and burning power will came from Apple Store and Google Play trought fiat money,sometime in 2016.
I totally agree with this. Existing card prices should not be changed from the schedule but new card prices should be cut in half at least. Ultimately this means more revenue for EDS because people will eventually buy them even at those "high" prices.
Also I wanted to post about my Spells of Genesis Swapbot - Currently have a RIPPLECARD for sale as well as a few others and I'm looking to trade TOKENLY (redeemable for a month of your own vending machine rental) to those with cards they don't want. Here's the card swapper bot
https://swapbot.tokenly.com/bot/adam/tokenlys-spells-of-genesis-card-buyer#/chooseYou can easily search through all active swapbot vending machines at
https://tokenrank.tokenly.com, there are actually quite a few people buying and selling SoG cards besides EDS so you might find a deal.
Right now the price of BCY on average is consistent with the IPO for BCY. Ranging from 8k sats to 10k sats puts this on par. The only major difference is the price swing with BTC which makes the fiat price higher.
If there were to be a significant increase like 5x or 10x current prices, say each BCY went to $0.10 or more, due to increase in BTC vs. fiat, then the prices should be adjusted. Right now it should be left alone.
After all it will be up to whatever the market is willing to pay.
You talk about Ripple. Less than 5 days ago it was going for less than half what it is now, and I see you are trying to capitalize on the market increase by selling it for 0.5 BTC, yet at the same time you believe new cards should be "less" costly. Can't have your cake and eat it too.
Regardless, the market will take cards to where it believes they should be. BCY team should actually keep increasing prices for all cards as they have been doing. Once the game gets more popular, all the cards that are out right now will be high demand since they are limited and by increasing the prices small steps at a time will ensure the market keeps the limited card prices high.
I'm on par for keeping new card prices "as is" unless there is a drastic increase in BTC prices or if BCY were to rise drastically vs BTC. Lowering them will only feed the "card shark" pockets down the road as the cards increase based on where the market believes the prices should be.
