Darkest Day of the Year.

Dec 21 will be the shortest day of the year for the northern hemisphere. The further north you go, the darker it becomes with no light at the north pole.

I think about this as I think about Splinterlands. Especially, Chaos Legion. Packs came out about a year ago. And there were a lot of them available, like a lot of sunshine in summer time.

Splinterlands created 15 million packs.

That's a lot of cards! And what is pretty amazing is more than 11 million packs have been sold. See screenshot from Splinterlands above.

But what happens when there is more product (cards) on the market than players who need cards?

The value of the product declines. Look at the screenshot below from splintercards.com

See the end column? If you review all the Chaos Legion cards, they are all in the red, all negative all in the dark. Almost all are worth half or less than half from a year ago.

You can make the argument that it's a bear market, but that's not it.

Simply put, there are not enough players that want the cards. There's only two solutions, burn the cards or find more players. If card values keep declining and DEC keeps climbing, burn may become the option. And burning is almost a profitable option at this point. Here's a good article on it https://peakd.com/hive-13323/@pwbanker/i-m-burning-these-golden-cards#@pwbanker/rms4np Thanks to @pwbanker for sharing.

So it seems like we have a darkening in Splinterlands. Like we are running out of daylight since Chaos Legion cards keep dropping in value, but I say, make your own light! Let the great card burning begin!

And onto this week's pack opening...

I am opening 52 packs in 52 weeks of Splinterlands Chaos Legion. I purchased the packs at around $2.25 on Tribaldex, which is a great discount from the retail price of $4 a pack on Splinterlands. But not so great since Splinterlands introduced a holiday sale and packs are now selling for $1.28, which is below my last buy point. However, at the quick drop in card prices, I think I will hold off on buying until we get closer to $1.10.
image from Tribaldex

But will I have a profit at the end of the year? Again not this week. The return on this pack was a shabby $0.54. The cumulative cost at this point is $51.75, while the return is now at $58.19. That early profit margin continues to decline each week. We're not half way through yet and I don't know if the early days will be strong enough to overcome the card value drop each week!

I got a feeling that I am about to torch $0.54 worth of cards. Let's create our own light.

And remember, even on the darkest day of the year, the sun still shines bright somewhere.

If you want to play a great Play 2 Earn game, use my referral code for 5 free cards delegated to you for the first 30 days and a bonus of 5 free cards given to you if purchase a Summoner's Spellbook https://splinterlands.com?ref=methodofmad

Thanks for reading. I love comments. Remember free advice is worth what you paid for it.

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