RE: The Rebellion effect on DEC Token Price
(Edited)
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I can understand as I have also lost some money on different assets but still buy in Splinterlands. I hope that in the next bull market, things can be valuable. Buying with hope.
There was a time when renting was profitable not now and because of that I also stopped renting. hope it improves in future.
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Do you have any idea why people stopped renting? I wonder what changed. It seemed like it happened overnight. I did notice that they started charging to even put cards up for rent.
Yes, because cards are available for cheap prices and instead of rent they can buy. There was more card supply than demand and this crashed the prices and also the rental market.
I understand that you were not updated on what's going on and all that happened in a few months. Later CHAOS Legion packs were burnt but by that time damage was done. Hope it improves in future so that once again there is demand in rental market.
The weird thing is that most of the cards I was renting before were pre chaos. I do feel we got a little screwed with the number of Chaos packs printed. I bought hundreds when they came out.