DEC Observation over the last two days

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This will be a quick post, with some observations about the dark energy crystals price recently.

So most of us expected the price to go up.

Why? Becouse of two reasons mostly.

  1. The fundition and kickstarter campaigns are done, so people dont sell DEC anymore to join.
  2. People that want to buy potions for untamed packs would stock up on dec now

But at least since the end of the kickstarter the price hasnt moved a lot.

On the last day of the kickstarter the lowest price I saw was 0.00073$ per DEC, I dont remember the Steem price for it.

Since the end of the campaign the DEC price has slowly moved up to around 0.0008$ again, now it mostly hovers between 0.00076$ - 0.00085$

Now we get to our first screenshot


Screenshot_20191111082207_Chrome.jpg

Yesterday morning someone posted a large buyorder for over 750k DEC! Im not sure how much it was in total, but at the point of the screenshot it was 759k.

At this point I was pretty sure that the price would just increase over the day, as people overbid that person since they dont want to wait for the order to be filled.

But to my surprise this did not happen. It took the whole day, but that insane buyorder got filled!

Now there was already quiet the gap between that order and the next order, its a difference from 0.006 steem per dec to 0.00572 dec, which is quiet a lot.

Since that order was filled the price has been taking a few more hits.
This brings us to the screenshot of today:


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While the fiat price is still hovering between 0.00078$ - 0.00083$ the steem price has been going down.

The fiat price beeing nearly the same just means that the price of steem went up a bit.

As you can see there isnt even 100k DEC ordered by all the buyorder down to 0.0054 steem per dec.

So we could see it dropping even further down until untamed.

This is all speculation of course!

It could be that most people already got DEC stocked up for potions, and that the price will drop until the masses decide to get their DEC for potions.

Will the DEC price increase or decrease with UNTAMED?

Only time will tell I guess.

For now Im happy to pick up some cheap DEC :D

Thanks again for reading!

(No dividers this time, sorry. Im doing this post from work haha)



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