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RE: Scoring the Billion Hero Challenge

in #bitshares7 years ago (edited)

I've now completed a few cycles of borrowing, shorting and returning HERO. The liquidity is terrible right now - you need to move 100-200 HEROs to make this worth the time and risk, and right now you can't move more than a couple dozen HERO without huge slippage.

If you've got some whales on board why are they not pumping liquidity into the HERO markets and running market maker bots?

This is a great idea, and I'm keen to participate, but you are two weeks from launching and your primary market is thin and illiquid. If you get a bunch of interest from the launch people like me are going to hit the DEX and bail as soon as we try to bring a few hundred HEROs into existence.

HERO needs whale power asap!

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Watch the splash when they enter the pool.

Is whale entry happening on 4 July? If so, I'll be happy to birth a few hundred HEROs to make the splash a little bigger...

They will enter when they are ready to enter. You will notice when they do.

Notice, you will. Ready, must you be.

I can't help but notice you got no real answer to your intelligent question, just metaphor.

I`ve been waiting years to see BTS in the top 5 on CMC (well except for that one time...) and I really, really hope Stan is able to execute on this. Honestly something like HERO could really resonate in the cryptoconomy right now, so many people suddenly find themselves with a great deal of new wealth and are actively seeking ways to shelter from volatility while earning income. While Stan is focused on converting the fiat masses, there are literally hundreds of millions of dollars worth of crypto-wealth that would love to park in HERO... if only there was liquidity... and if only they knew about it.

It's a very interesting idea that I wish had more concrete information. I was not swayed by the sales pitch that was the 90 minute Heronomex video in the slightest. Very little technical detail was revealed, and it was apparently put on by a shady person, with another shady person on the stage. I saw Star Trek pictures, Yogi Bear, comparisons to warp speed, charts with no axes that looked like clipart, and a guy lying about how much Jamaicans make to make his math seem more impressive (Claim: "$40/month". Actual: $2400 gross annual.)

This thread was very illuminating for me. It showed the personalities of the people involved pretty clearly:

https://bitsharestalk.org/index.php/topic,22957.0.html

I am concerned that Stan's response to legitimate, important inquiries was a repeated formula of "Platitude, Smiley Face, Disclaimer Signature".