RE: Opening 2300 Beta Packs with Potions
I'm still surprised how much people are dumping DEC on the markets. Of the ~88M in circulation, around 65M of that is the steemmonsters accounts reserves, so really only about 23M DEC is in actual circulation. Also for full disclosure, i hold over 10% of that amount which i've purchased on the markets.
The 1M / day for battle rewards reduces by 1% each month, potions cost a lot (as you mentioned), I expect that the orbs will be more in demand in the future, and we've announced many times that nearly every new feature we release going forward will require DEC to be spent...so i don't see how any of that equals "sell your DEC".
Perhaps it's people converting to STEEM to buy cards on the market, in which case that will be going away very soon when we allow people to buy cards with DEC on the market directly. I guess we'll find out. In the meantime, i'm buying!
not financial advice!
Yeah, I think a lot of the DEC selling is getting into STEEM to buy cards and getting into STEEM to eventually cash out. I don't know what the percentages are. Opening the market to DEC directly will be a big help I think.
If people buy the remaining Orbs at the 100 + 10 promotion rate, that still will cost 341 million DEC. Some are given away as mystery potion rewards, but those cost DEC too. Net-net, there's a whole lot of demand coming to the pipe.