RE: Best Time to Buy Steem Monsters is...NOW!
please explain me your reasoning...
The price is always quoted in USD... and now crypto prices are low.. so buying booster packs now equals selling crypto at such depressed prices...
why should that make sense?
but OK.. your are talking about bidding for single cards...
so people selling cards now probably bought the booster packs at higher valuation.. e.g. cheaper in steem units... so they are still selling at profit... atm steemit income for steemians is lower.. so people do have less steem to buy their favorite cards on the market and this drives prices down...
if prices go up on the other hand lets say to 4 USD or even higher you get twice the amount of booster packs per steem units and that should deflate also the market price for single cards...
so still does not make sense to buy now..
if yaba and co. want to encourage people now they could do by promising more rare cards in each booster pack.. but again... this again will deflate prices..
not looking good atm...
I would advise them to fix prices in steem and not in USD.. this should solve the problem...
If you invest in SM packs and the STEEM price drops, being denominated in USD, they should theoretically hold their value.
If the STEEM price jumps, then assuming the cards you bought are still available, they'll become cheaper, (at least for those buying with STEEM), but then price rises can't help but boost the value of the entire SM ecosystem.
#truth 🙂🚀
The Steem Monsters crew are doing an amazing job! #builditandtheywillcome
100% why I sold
Now and didn’t buy haha, is the amount of steem not usd that’s important.
I agree some parts of this post do not make sense. The author has on some level realized this and is contradicting themselves.
Chances of good cards getting higher? Please show us that calculation.
Why this empty marketing rhetoric?
I believe the reasoning is to buy the cards cheap on the Monster market.