This may sound like a very strange question.....
Especially with the madness of the markets over the past few years.
But work with me here, and check out this quick little video that I recorded tonight.
Which asks the question.....
If you truly believe in this blockchain, is it possib;e to gt 'rekt' on the layer 1 of Hive?
Hopefully I make my case on why I feel, it's almost impossible!
Let me know what you think in the comments :)
And remember....
Voting @town-hall for witness, saves unicorns all across the world!
Do your part and save one of these incredible creatures!
▶️ 3Speak
I don't think it is "impossible", but for sure the extent to which I have gotten REKT has involved Level 2 and offchain stuff.
I am pretty sure if all I did since the day 1 of HIVE was build HIVE/HBD, I would be ahead of where I started.
HIVE can go to zero though in spite of my belief. 😉
yeah i mean, i've had some epic failures on layer 2. but overall, i knew what i was getting into and hive/hbd has never let me down.
Yes, by jumping into De-Fi but then you can also make a comeback even if it is slow
Yes, agree. I got rekt on DeFI prots connected to Leo (for now), but staking polycub and locking them up for 2 years is prob the worst decision/investment I have ever done. The value has almost disappeared, but hey there is always a possibility it will come back to me 😌
All De-Fi is like that unfortunately. But they do come back some of them and those that are still there gain massively
Let's see! 🤠
Yeah but I mean, on layer 1....Just buying / investing in Hive itself?
I think most of the people that get rekt is self inflicted. They either are too proud to admit they were wrong or they can't let things go.
Lots of people searching after a lot of the 'get rich quick' schemes in crypto too. Promises of riches overnight.
Yeah, that is a good point. I think many of us came to Hive with the initial hopes of becoming rich. The bidbots didn't help that. I'm lucky to be one of the few that realized it was a lot more work than that and stuck around.
Yeah and at that time, Steem was like 3-4 bucks a pop lol
Amigo jongo que es un Rekt por favor y disculpa mi ignorancia??
significa cuando las personas pierden todo el valor del dinero fiduciario que invirtieron en un proyecto
Gracias amigo muy amable..
Maybe…
Some people may have REKT though
I'm trying to find them lol
I think you can only blame yourself for being rekted for Defi/HE tokens. Other than that, I don't think you can really get rekted.
Yeah those were huge risks.
Muy bueno, saludos
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STOPor to resume write a wordSTARTShort Summary:
In this video, Django explores the concept of getting "wrecked" on the Hive blockchain, highlighting how the platform's unique structure, where users can earn tokens through active participation, challenges traditional notions of financial loss in the crypto space. He emphasizes the strong community support on Hive and discusses upcoming developments like the VSC project and smart contracts that contribute to the platform's growth. Django invites viewers to share their thoughts on whether getting "wrecked" on Hive is a valid concern, reaffirming his optimism about the platform's long-term potential.
Detailed Article:
The video featuring Django's discussion on the concept of getting "wrecked" on the Hive blockchain offers insights into the platform's distinct ecosystem that deviates from the conventional narrative of financial loss in the crypto realm. Django raises thought-provoking questions about the traditional definition of getting "wrecked" and its applicability within a community-driven ecosystem like Hive.
Hive distinguishes itself by empowering users to earn tokens through active engagement, content creation, curation, and other forms of contribution, fostering a dynamic environment where financial gains are intertwined with meaningful participation. Django draws attention to the vibrant community on Hive, underscoring the resilience of its members who remain committed to the platform despite market fluctuations. This steadfast support underscores the idea that in a system where value is derived not only from financial investments but also from active involvement, the concept of getting "wrecked" takes on a different connotation.
Moreover, Django's excitement about the future prospects of Hive is palpable as he mentions the forthcoming VSC project and the introduction of smart contracts, signaling significant advancements that are poised to enhance the platform's functionalities and user experience. These developments not only showcase Hive's commitment to innovation but also signal a positive trajectory that reinforces the confidence of community members like Django in the platform's long-term viability.
Through his engaging dialogue, Django encourages viewers to participate in the discourse by sharing their perspectives on whether the traditional fear of getting "wrecked" holds true in the context of Hive. This call for community engagement underscores the collaborative nature of the Hive ecosystem, where diverse voices and opinions contribute to shaping the platform's evolution.
In conclusion, Django's discussion sheds light on the transformative nature of the Hive blockchain, where active participation and community support serve as pillars of resilience against conventional notions of financial loss. The upcoming developments and the shared enthusiasm within the community herald a promising future for Hive, highlighting its potential to redefine traditional paradigms within the crypto space.
Notice: This is an AI-generated summary based on a transcript of the video. The summarization of the videos in this channel was requested/approved by the channel owner.