No, I'm not going to spend an hour spending them on over 3,000 phantasmal fragments one by one. That's horribly boring and a waste of time, as well as too much inventory space used.
I've been trying hard to spend them, getting down to about 32k, but the next thing I know, I stop for a moment and I reach back up to 35k.
Bungie, please. I know you don't like it when veteran players hoard things, but if you reward players a sprinkle of something for participation but never give that player a good incentive to spend that something, of course it's going to build up over time. These shards are a manifestation of the time we as players have invested. Can we PLEASE get some reasonable way to spend them before they vanish?
EDIT: For those who are telling me basically "to just spend them" I have to say that I HAVE been. Did you not read the title of this thread? Months ago when the announcement was made, I started trying to spend them up. I was sitting around 60k. I'm now about 33k and rising. At this rate, it's not going to happen.
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Said this months ago when they anounced it was not fair veteran players ahd so many shards and new players had none. Give me something worth while to spend them on and I would spend them. Dance moves - BIG NO! new sparrow - YES Ships - YES emotes - NO shaders - maybe, very much depends on how they look focusing an exotic - yes converting a weapon to a red bar - YES Bungie does not care if they take something away you worked for! In fact they put more than half the game into a content vault, sun set all you weapons and gear.