The worst card I've made...Ever

[Sora1499]

Soooo, I thought up the idea for this monstrosity that deserves to be fed to the hounds of hell. I personally hate it, but I want to see what form of hatred it generates here.

My worst card ever (design-wise):

A Price for Greed
Spell/Normal
Send all other cards you control to the graveyard and halve your LP; draw 3 cards. You cannot place other cards on the field during a turn in which you activate this effect.

Mechanic explanation for "placing" cards:
Includes summoning monsters, setting cards,
and activating spell cards from the hand.

[Azphreal]

Helloooo hand traps.
Free set-up for Gorz if you have useless CotH and etc. on the field. (well, not free, but you know)

[DunnoBro]

Yea, pretty broken.

Would it be balanced if it sent all cards in hand to grave too?

[AGATHODAIMON BANGTAIL COW]

It gives you Gorz and fuels Hope for Escape, but the whole "disable everything else you do" ideology makes it something you'll keep when you have nothing to do, either because your hand sucks, or you got stuck with Reckless Greed's DP skipping effect. It's broken, but not very usable outside of Final Countdown since you can just Fader/Scarecrow your opponent next turn.

If you lost your hand as part of the cost, then this would just be stupid. In addition to halving your life points, you make yourself completely wide open to losing the game if you don't lucksack Gorz, Trag, or Fader.