Received a lot of comments in that post and realized I didn't really answer the question myself in it, just tried to explain the scenario which some still didn't really understand or chose to ignore. :P
My point was more the "Hive made it" and is now one of the say, top 20, currencies in crypto. My question was to ignore a few facts, like its ongoing inflation meaning you'll still earn curation rewards for what is it, 12 more years, until we hit 0.5% yearly inflation. To also ignore post rewards and I think it'd be safe to say to also ignore RC as by then there'll probably be RC markets so even if you had 0 HP, you could still rent RC for a little Hive to post and comment.
I guess I formulated the question in the title wrong and should've rather asked, how much Hive Power are you willing to leave powered up on your account forever and how much would you be okay with selling at a price of $10+.
As someone who's been quite full-time Hive ever since I first stumbled upon it and also recklessly all eggs in one basket type (aside from some hive-engine tokens and some top coins), I still have quite some "irl" debt so to speak. Things I'd wanna get to get settled, such as moving somewhere I'd see myself living the rest of my days, in a house with a garden for all these pets I suddenly have adopted (thanks @hiddenblade :p) and maybe a nice car. Other than that I don't really value materialistic things outside of having a new PC every other year.
Either way, I guess similar to how other currencies have performed over the years scaling up by 10x in price it would depend, if Hive suddenly were to hit 50 or 100 I may sell off more than I initially planned and did at $10. But I'd like to think I'd wanna keep at least 250k for the long-term. At 1 billion Hive coins in ~12 years that'd make it 0.025% of the total supply. 1 billion tokens would also mean 0.125 HP per person, maybe even 0.1 HP by 2036. Although at 0.5% yearly it would mean it would start being more tokens every year after the initial 20 years of Hive inflation.
Okay, a lot of math there, but I'd like to see more people that have been here with me since the beginning or joined since and will join since have some stake they'll keep forever to make sure "mainstream media" doesn't take all of it. My thinking with the post yesterday was that when the mainstream comes I'd like this place to be a lot more like Reddit in terms of posts and comments and being able to push the regular joe's onto trending for certain things they post without it just being the Jimmy Fallon's, etc, there constantly.
It's not easy to think ahead with this ecosystem if it were to gain that kind of adoption, though, because for many years now we've had close to no want for the attention due to there never being too many active users. Sure we had some peaks but under unique rulesets of the blockchain, either quadratic voting algo or the bid bot era, but it'd be interesting seeing how attention were attempted to be gained and bought by then.
I'd also like to think that for many they may never even choose to part with their HP at all because they could instead gain a lot more by holding it in terms of delegations and other attributes. I'd like to think @zingtoken has given HP, at least to those that have delegated to it, quite some value over the last 4-5 months, it's now first coming down a little in terms of APR while most have been able to unstake and sell of their zing 4 times over by now with a monthly unstaking period. Without getting too much into Zing now, I'm looking forward to there being more air/claim/drip/drops for HP holders and hopefully not as much just for the second layer token to continue to give value to HP, but in the end, as long as things are existing here, it always helps support the layer 1 token.
Anyway, thanks for reading and to all the comments in my previous post, a bit tight on time right now to reply to everyone but will try get around to it later. Cheers!
Posted Using InLeo Alpha
When I can pay my daily expenses with 10% of my daily earn I'll continue to re-invest 50%, but I'll start to diversify with the remaining 40%.
Not into fiat though. Businesses, precious metals etc.
Looks like you haven't done the math on this.
The numbers are insane.
See how batshit insane things could get with real adoption?
Even $100 Hive is not out of the question (this would be very bad for stability & user retention).
Basically what I was thinking while reading it. $HIVE at $10 would probably mean a top 100 CMC * if * lucky. People barely would notice us while the average Joe in here will be rolling like a... Well, like a crypto-bro. XD
Why bad for user retention?
Because that kind of FOMO would basically send 80% of our new users to the poor house and they'd full on rage quit. The easiest path for an x200 is clearly a flywheel with HBD. Basically the same shit that happened with TERRA/LUNA except we'd crash 95%-99% instead of crashing to zero and HBD would break the peg down to something like 50 cents with the debt ratio towering above the 30% haircut at 60%.
Basically getting x20 adoption on HBD can spike Hive price x200 and put us in a very bad spot. Our only recourse in this situation would be to beg top-20 witnesses to rug-pull HBD yield down to 0-1% in order to flush out that capital and pop the bubble early... but it might be hard to get consensus for that when everyone is riding high on the bull market and feeling invincible.
Come live in Colombia if your job is online.
Many foreigners live here and you can buy a nice farm with cows and coffee trees.
As to how much hp you would leave in hive, well my answer would be 40% or even more. It would all depend on whether hive would give me enough to live on, but it is a big dream since I still have very little and the price of hive is 0.33 per token does not motivate me. Something that I find curious is that the BTC does not drag hive as before and it is something that makes me think why. Best regards
Do you know @ecoinstant?
No he tenido el placer en persona, pero si hemos hablado por chat.
Greetings, your point of view is interesting, first I hope that you are in good health and have been able to sleep these days, take care of yourself, though. I know you're already doing it. Your point of view is interesting because as you know, since everything is known here, I am starting and I am very excited about hive, the little I have, even though it is not much, I am investing it in Hive and I will continue to do so because I believe in this project, Of course, if the time comes to sell some part, I would do it, but always thinking about leaving invested in my HP to continue growing and making profits. I want to progress here, even if it is little by little. I will do it. I have a lot of faith that I am capable. I compare it with faith. What do you have in your Holozing project that my children and I are in love with, beautiful project... And well, I'm glad that you are not materialistic... That's good, sometimes we are happy with the smallest thing. Health. Take care of yourself
Thanks, yeah sleep's been better and even managed to go for a walk yesterday so slowly but surely. :D
Thanks for your reply and likewise!
Hello, that's great, a good sleep is important, and walking and above all nature and seeing a beautiful sunset, take care of yourselfHello, that's great, a good sleep is important, and walking and above all nature and seeing a beautiful sunset, take care of yourself
so far i haven't powered down. I currently have 7900 HP, and the goal is 10k. Most likely if the hive reaches 10$ and i will have reached my goal, i may power down anything above that. If that happens in 10 years and i have 20-30k of hive then most likely i will power down a 10% or something. I don't see 10$ coming any time soon though, but that's another conversation. As i say, i came for the money, stayed for the community!
Again, I'm tempted to look at it a little more holisitcally. I see $10 Hive — and potentially broader crypto adoption — more as an opportunity to (for example) no longer having to be a part time editor and free-lance writer. I could just be a blogger/curator, and give up that work, which not really my favorite thing.
"Profit motive" wasn't really big for me, to begin with... Hive seemed more like a potential long term savings/retirement account than a way to constantly be monitoring for profit. So unless I am standing there needing something — maybe a new roof on the house — I'm not sure $10 Hive would change my approach a whole lot form $0.34 Hive. And I say that with the perspective that I wasn't running for the nearest exchange when we suddenly had $8
Steemback on the legacy chain.Taking profits — at least for me — has to be tied to a specific purpose, not just a sense of "Wheeeee! Look how much money I made!"
But everyone is different!
=^..^=
I feel like a lot of people are somewhat sentimental about their HP, I know I am. I could never part with all of it. The higher the price goes the less I would need to anyhow, but if it someday entered the $50+ realm I stick with my intention from the start and pull out enough to buy my wife and I a house. It would still be max 75% of whatever my HP at that time is though. I really like this trend of posts and replies and posts by others discussing your posts that you've started BTW, it's made for a lot of good reading!
We need more people sentimental about their HP. :D
Bro totally. I was away from the platform for 4 years and I still never even considered powering down, maybe I'm too sentimental about it 😅
same here! it doesnt make sense after years to just power down
This is indeed a thoughtful question, I still enjoy participation on hive and voting on the posts of others so I think I'll never seel all my HP to still be able to do that. But I think that I'll seel a reasonable amount that I'll be needing and leave the rest, hoping the price keeps going higher!
wow this would mean you'd be holding like 2.5 million dollars in hive at 10 dollars O.O.
Hive going mainstream could be a thing. I'm not aware of any other social media platform on web3 that rewards people for writing content / video content and being sustainable and not having to pay gas fees. There is still room for improvements but since anybody can build the potential is really endless O.O
I think I will keep around 10k HP if I manage to get that number... Never cross in my mind about vesting out, I prefer to keep my HP as a memento of what I have done here. but don't know in the future if somehow I will change my mind
That seems like a solid plan and honestly I can't be mad at anyone for taking those impressive gains if Hive were to ever hit $10. For myself I'd keep around 100,000 powered up. Now granted I'm only a little over 100,000 so that's why. If I had 250,000 though I'd most likely keep the 250,000 at the time. it's really going to boil down to where I'm at, at the time and how much staked hive I have already. As one always says you can never have too much hive.
As I mentioned in the last post, 10K is a good HP number to keep me. That number you mention of 250,000 Hive in possession sounds beautiful, the problem is how long it would take to accumulate it hahaha. The truth is, I'm not a greedy person, and if I get a raise like that having a good amount of Hives in my possession, I would take what I need to buy my own house, a normal car and invest in my own business. The fact that I still own a lot of Hives, sentimentally is like owning shares of Hive, shares of a company, it's like feeling part of this network in that sense, I don't know if I'm making myself clear hahaha.
I’d just sell the little I’d be needing at that moment and still keep other ones till I need them again but that does not mean I’d stop acquiring more Hive
i think projects like this needs an ''ilona mask'' type of figure to take it to the next level, someone that believes in it and potentially have a vesting interest in it. imagine if ilona dedicates $1B worth of HIVEs, i dont think there that many in corculation but idk... and becomes a father curator? In a way maybe I'm thinking for the HIVE blockchain to have a ''reserve'' , a world reserve of HP sort of speak, that increases in size because of the APR, thats almost 30M HP that acrrues every year ...that would make for difference in stability and eventually growth of the ecosystem. We dont need marketing if we have locked a billion HP accruing... ofcourse Im sayin a billion sort of speak I dont kow the real calculation behind it but maybe even a 100M would do I mean the witnesses combined have probably something closer to a billion now that I think of it... I dont know, Im a dude, I just love this network and people running it are awesome and I'm confident it will have its day in the sun, we just need more time! cheers!!
Are you talking about Elon Musk?
lol yessir... sorry for the confusion
I will sell half of my HIVEs :)
But what if one day Hive value will become like Bitcoin?...🤔
Earning in crypto also requires investing. Though one could sell some to carter for recurrent needs, staking will still remain the sure way to ensure investment growth.
Sometimes I think to accumulate 50k hive but i should learn how hive blockchain working, second one is no one here educating us that what should do and what should not do, many people are only waiting what we doing wrong and they blacklist us, that why I'm feeling fear and not buying more hive, just limited hive bought like 5k for trading and waiting for next bull.
i think there are a lot of people educating what to do and not to do.
Here's one of the best guides:
i in-courage you to read and follow the steps in this guide to help you make the most of your new journey on Hive:
https://ecency.com/hive-189306/@ryzeonline/hive-a-complete-beginners-guide-with-fun-doodles-pt-1
Yes, it was good, I read but I should mention proper sentenence , many are not giving chance to correct your mistake and some community made only for few people.
Thank you so much dear @atma.love you specially giving reply on my comment and you first person who guide me via link.
I'm happy with you dear.
You're welcome.
As an "infection preventionist" it would be good for you to know about (if you don't already) Chlorine Dioxide and how it can prevent / reverse most infections and diseases.
You can find many posts about it with this search https://peakd.com/search?q=chlorine%20dioxide&sort=best&since=all
and i can send you a pdf of Jim Humbles MMS Health Recovery Guide if you would like to dive deeper and help save many lives.
Sat Nam
Atma
Thanks for sharing, you can share with me, I'm always ready to learn because I'm from science background,
lol
This is link direct to pdf.
https://www.jahealthadvocate.com/uploads/2/4/5/9/2459046/mms_health_recovery_guidebook_1_october_2016.pdf
i have much experience with it's use both personally and guiding others btw.
And i took it when i had symptoms known as COVID and was fully recovered in 48 hrs.
OOOOh ,wow it's really good for us, thanks for sharing with me , I'll definitely share with other and read also.
thanks again sir
If Hive would be worth 10 $ I would sell a lot of it to buy more HBD and send them to @hive.helps, to make the world better ;-)
I would SELL everything on the hype of it and BUY BACK when the bear market gets back. This is how millionaires are being born - BUY LOW, SELL HIGH, REPEAT...
I will sell half of my earnings and save half
I will probably sell half of my stake at $1. And this is the reason why I believe HIVE will not make it to this level...
It's made it before, I'm sure it can make it again.
I do hope and anticipate that hive go beyond $100. It will be a good feat. Life is two ways, we consume and we save. I sell some and will also stake some because investment is key in making the money
For me I'll hold on to my Hive . The goal for me is to always have my HP on a progressive number . The evolving dynamics of holding Hive Power (HP) within the platform ecosystem cannot be over emphasized .The potential value of Hive is surely beyond mere financial transactions.
Of course I would be tempted to sell some, but I like having a nice stake so that I can have some influence. We need that to be spread over lots of accounts. Those who have put their trust in Hive ought to get some rewards.
Hive's blogging model doesn't scale. A very small percentage of users receive bonuses. I think a donation system and 100% upvote for curators would be better. The only chance for the Hive ecosystem to grow is through games on this blockchain.
You can find donation system on many platforms. But donations bring rewards to much fewer people than Hive curation. So it won't help to solve the problem you are talking about "A very small percentage of users receive bonuses".
So, you'll wait an upvote of a large curator not for a month but for a year. Don't think that would be motivating.
Everyone gets rewards on Hive even those people who post just terrible posts. Hive needs numbers, so I don't complain. But you'll find no other place on the Web to get rewarded for content that nobody actually needs.
But there are problems, for sure. Hive needs better curation and needs to pay larger rewards for truly amazing content. Several dollars for a good post is nothing, should be at least dozens dollars for real gems (like on Medium).
There should "a stunning-content feed" to show strangers so that they could see that Hive is not a promise of dream, like many other blockchains which have nothing except the token and promises, but it's a living community with great content. Would be right to place that feed on the top of hive.io.
Hive needs an advertising agency (throw away a couple of projects sucking from Hive Fund, and you'll have money for that) and Hive needs more realtime events.
etc.
Definitely in order to diversify upvotes we need to to do something
Donation system doesn't work, people won't donate...
I donate. And I will donate more if my income from curation is 2 times more. But this does not mean that the majority will donate. Most will buy HIVE and count their curator income.
I don't know, your proposal basically changes the HIVE blockchain from DPoS to PoS... This will make the blockchain look similar to others that have more technology, so the only product of HIVE will be Resource Credits... Currently, can you give 10 votes of 100% per day, do you donate 10 times a day? or just rarely? The current system is basically a DAO fund in the hands of all users, people think differently about what is in the reward pool and what is in the wallet, being inside the wallet is yours and you will hardly want to donate that.
What makes you say it doesn't scale?
8 years of history and 15k active accounts. At the same time, 2.5 million accounts are inactive.
Okay but I mean if we had more users and a higher price, technically it would scale to reward many in a similar fashion. Just cause we haven't had mainstream adoption yet doesn't mean the model is broken imo.
$10 per hive coin is a realistic price target but definitely it will take time to reach there, right now we have life changing opportunity to accumulate at cheap price, if it's got mainstream adoption then even $20 is an achievable price target, another thing is investing in hive blockchain have low risk as compared to other blockchains, because it's decentralized and very well developed
1 question makes me 100 more
!BEER
Nada más satisfactorio que comprar HIVE con dinero FIAT, delegar HP a cuentas como @curangel o @qurator y que lleguen esas gotas de HIVE y seguir delegando, es genial ver como se le puede dar valor a tus inversiones.
View or trade
BEER.Hey @acidyo, here is a little bit of
BEERfrom @thehockeyfan-at for you. Enjoy it!If you like BEER and want to support us please consider voting @louis.witness on HIVE and on HIVE Engine.
As I have already pledged to keep 20k HP forever regardless of Hive price (see my profile), that would be my minimum to keep 😄.
If Hive were to reach 10 dollars, I would sell at least half of my bag, probably 2/3 of it and put a lot into HBD saving account. 😍😍
I think this is something I've seen a lot with Hive whales. Even though they have debt, they try to keep their Hive and crypto intact. They let it grow, and it helped them get to where they are now. I've seen a lot of users just convert their tokens to fiat and use it immediately. While that is their choice, I think they are hurting their future in Hive. If the Hive to 10 USD scenario happens in the bull market, all those that kept their stacks and let it grow will be able to reap the benefits, while those that kept on selling will keep on scrambling to buy at the top.
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