Axie infinity price prediction: Future of AXS?

[blockman]

I skipped it long ago when some youtube influencers saw that infinite money making game and did calculations of how much they would gain in a year if they bought enough. That sounded so stupid and was an insult to any research skills so i skipped the whole game.

I didn't see any more point for it when it started as i do now. Granted that early adopters made money while i was waiting for gods unchained to start so i might be a little bitter but i had a change to invest to it and i can't get my head around it why that was so popular. Then again people like stupid and simple things so in hindsight, why not.

What it comes to price. I wouldn't count on it never going up again. Too many dissapointed people and reputation of a failed project.

It's really unlike it to go up again. The infinite supply of SLP made real inflation and a decrease in the popularity of the game. Well, this is what we humans are for.
When something is beneficial and profitable, we're there but it's not really a sustainable model so, there has to come to solutions that will only benefit the developers at first and also the early adopters. Sad to say that, I was one of the optimistic folks on this game and its tokens before but not anymore today.

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[BitDane]

I skipped it long ago when some youtube influencers saw that infinite money making game and did calculations of how much they would gain in a year if they bought enough. That sounded so stupid and was an insult to any research skills so i skipped the whole game.

I didn't see any more point for it when it started as i do now. Granted that early adopters made money while i was waiting for gods unchained to start so i might be a little bitter but i had a change to invest to it and i can't get my head around it why that was so popular. Then again people like stupid and simple things so in hindsight, why not.

What it comes to price. I wouldn't count on it never going up again. Too many dissapointed people and reputation of a failed project.

It's really unlike it to go up again. The infinite supply of SLP made real inflation and a decrease in the popularity of the game. Well, this is what we humans are for.
When something is beneficial and profitable, we're there but it's not really a sustainable model so, there has to come to solutions that will only benefit the developers at first and also the early adopters. Sad to say that, I was one of the optimistic folks on this game and its tokens before but not anymore today.

I think there is still a chance for SLP to go up but it will probably take a long time.  Right now there is a decrease of SLP production, then SLP burn is also implemented, although the effect won't be noticeable right now, it will have a huge effect if done regularly in a long period of time.  Also, I believe there will be times that whales will pump the price so we should be at a look out at that incident if we plan to sell our SLP holding when it pump.

[blockman]

It's really unlike it to go up again. The infinite supply of SLP made real inflation and a decrease in the popularity of the game. Well, this is what we humans are for.
When something is beneficial and profitable, we're there but it's not really a sustainable model so, there has to come to solutions that will only benefit the developers at first and also the early adopters. Sad to say that, I was one of the optimistic folks on this game and its tokens before but not anymore today.

I think there is still a chance for SLP to go up but it will probably take a long time.  Right now there is a decrease of SLP production, then SLP burn is also implemented, although the effect won't be noticeable right now, it will have a huge effect if done regularly in a long period of time.  Also, I believe there will be times that whales will pump the price so we should be at a look out at that incident if we plan to sell our SLP holding when it pump.

Only time knows when. There could be a chance but it couldn't happen. But if it happens, I'll be happy to see that because I'm still hoping on and holding thousands of SLPs in my wallet.
And I just want to see the surge again for Axie prices so that I can sell them and at least get a portion of my investment there. I'm in total loss there but that's okay, I've already accepted the fate of my investments on this project so, whether I recover or not, that's okay and I've already accepted that fact.

[GreatArkansas]

Is dead bro.

They take a really long, and not even solved the burning mechanism problem a few years ago. Now is dead, the community is leave because the disappointed (I also one of their community who are leaving form AXS).

Just don't really like it for a long solved problem from them especially the burning mechanism.

One of the best examples of hype. We all know how Axie Infinity boomed when the NFT or Play-2-Earn (P2E) started, Axie Infinity lead the hype for me. But after that, it was like a ticking bomb when they started to have issues with their economics plus the cryptocurrency market started to tank too.
So for me, they have problem with their economics + a lot of hacks happened also on their Ronin Network chain which is very difficult for people now to trust their network again.

[BitcoinPanther]

Is dead bro.

They take a really long, and not even solved the burning mechanism problem a few years ago. Now is dead, the community is leave because the disappointed (I also one of their community who are leaving form AXS).

Just don't really like it for a long solved problem from them especially the burning mechanism.

One of the best examples of hype. We all know how Axie Infinity boomed when the NFT or Play-2-Earn (P2E) started, Axie Infinity lead the hype for me. But after that, it was like a ticking bomb when they started to have issues with their economics plus the cryptocurrency market started to tank too.
So for me, they have problem with their economics + a lot of hacks happened also on their Ronin Network chain which is very difficult for people now to trust their network again.

Not just a normal hype but overly hyped with exaggerated calculation of returns.  Streamers thought that the market will at least stay as it is, so they often exaggerate their Axie streams.  Even create a video of two elderly getting their support fund from playing Axie infinity. 

Definitely the Axie developer does not calculate the economic side of the game.  They have no plan B or fail safe mechanism.  The performance of Axie infnity is almost the same as Ponzi Scheme where the earlier people will get payed by the next investors and so on.  Just like Ponzi scheme, when the network is too huge for the incoming investors to carry, the system will collapse.

[BitDane]

Only time knows when. There could be a chance but it couldn't happen. But if it happens, I'll be happy to see that because I'm still hoping on and holding thousands of SLPs in my wallet.
And I just want to see the surge again for Axie prices so that I can sell them and at least get a portion of my investment there. I'm in total loss there but that's okay, I've already accepted the fate of my investments on this project so, whether I recover or not, that's okay and I've already accepted that fact.

You can also try to buy SLP at its current price.  It is too cheap considering its ATH.  I am also positive that SLP will recover if the market become bullish.  We all know that when Bitcoin rallies almost all altcoins also rally.  It is best time to buy SLP today if you have plan to because it is already on its bottom.  But of course we should always do our own research and check the condition of the market and the project's future plan.  From the looks of it, Axie Infinity developers are in for a long haul.