BID MARKET HAS HELPED MAKE SPLINTERLANDS SUCCESSFUL

Check out all the volume and action the bid market has created all these months...
Every successful market has two way action

Many don't even realize that there is a functioning healthy BID market ... well it's been going on for a while now.

AIRDROP UPDATE

We're doing a PMT drop and tournament for all those who have an active bid on the market.
Details here: https://staging.steempeak.com/splinterlands/@peakmonsters/airdrop-for-bid-market

First Airdrop is happening in mere minutes... the other one will happen closer to the time of the tournament... but don't delay

STATS ABOUT BID MARKET

• There are 1321 bids active right now (cards and rarities)
• There have been 7041 bid that have resulted in anywhere from 1-99 cards being bought
• 418 of those bids bought the max amount of 99 cards
• The average bid is $1.24
• The median bid is $0.17
• The highest bid is $200.20
• 63 times someone bid 1 cent and it was successful more than you think (that's pre-DEC days)
• We have bought 21,622 cards under 2 cents for users
• All in all we have bought 96,475 cards for users
• Total of $18,136 of cards purchased just because of bids
• We started around Jan 7 which means 170 days
• That's an average of $106 a day
• 567 cards on average a day
• Only 172 users have used the bid market to date
• The average number of cards purchased per user is 558
• The median number of cards purchased per user is 40
• Top 5 users have bought this many cards
  A: 20,796 | B: 15,744 | C: 8521 | D: 7996 | E: 3280
• Of the 7041 bids 516 of them were bids on RARITY
• But 26,407 cards were purchased through a rarity bid
• The most popular cards purchased NOT through rarity were card ID numbers (83,96,86,80,105)
• Least popular were 77 and 130 (Shin lo and archmagus ... i think for obvious reasons)

MY ANALYSIS

• I say that even though those numbers have gone down since people are now more apt to BURN cards sometimes rather than sell.
• The market overall is averaging much much less transactions than it used to.
• And most active buyers have mostly bought their collection they're playing with
• Right now many of the active bids are underneath the DEC values... which to me is a clear indication that the users most using the bid market are those who want to buy a card with zero risk. Meaning a card they can immediately profit from.
• Well as you can guess sellers are more educated now.

FUTURE USAGE OF BID MARKET

• I think users looking to buy cards UNDER the list price and over the DEC burn value are really in the sweet spot for BIDS

DEC BURN VALUES

• To be honest here are today's DEC card values.
• There really shouldn't be too many bids under these ammounts. If you are a seller and want a better option than burning then look for bid prices above these stats, specially if you want funds immediately then those bids are good to go. If you can wait then list the card and wait for the buyers to come up to your price.