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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?
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#/choose
You 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.
Of course when the game will reach mainstream the price in BCY will be lower (and the value of BCY higher)
. ( I was not in the book damn it!!!).