From Dolphin to Orca
I suddenly realized today, that I was getting close to 50,000 Hive Power and I was excited. I was excited not just because of the number 50,000 but also because I suddenly realized I was now within striking distance of Orca Status; the rank below Whale status.
I have been grinding for a while, trading, selling, buying and publishing articles daily. I always thought it would be nice to make it to Orca level, but never thought it was reallu possible.
*I was very happy to make it to Dolphin status, and considered the next rank to be to far out of reach. But now that I can see 50k in the distance, I am pinching myself a bit to insure it is real.
I sold a big chunk of one of my Hive-Engine tokens when it suddenly increased in price 10x and I thought I must tale advantage of the opportunity to sell something I have been accumulating for 4 years.
I am proud of myself for perservering with that token, and even prouder that I didn't invest my profits in another Hive-Engine token, but instead decided to buy Hive and HBD. The HBD should generate income, which i can use to buy Hive and the Powered up Hive allows me to earn more Hive and stack hive Power faster.
Now that I am 80% to my goal of Orca, I thought I would revist the Orca ranking and see exactly what I need to achieve Hive Power wise to get there.
How much Hive Power do I need to be an Orca?
Definition:
To be considered an "Orca" on the Hive blockchain, I always thought I needed to have more than 50,000 Hive Power (HP). BUT ... I am currently researching this number because I see some accounts with 50,000 HivePower who still have a Dolphin badge!! And I have seen in some comments that it depends on the number of vests you have, not Hive Power, and whether your number of vests make you an orca or a dolphine may be related to Hive Price??
So.. it's complicated/
I need to do more research, because it seems once you go down a rabbit hole of research you find more questions then answers.
I skimmed the Hive White Paper and couldn't find it, so I am still looking.
Anyone who reads this and finds a reliable reference please put it in the comments below.
So I may have to adjust my number to 60,000 hivepower but for now, I will just enjoy the euphoria of being close to 50,000 Hive Power, and pray that I continue to provide value and be rewarded.
This ranking system, like other crypto community tiers, is not an official rule but rather a common designation used to categorize account sizes and influence.
Here's a breakdown of the generally accepted Hive Power ranks:
Plankton: Less than 500 HP
Minnow: 500 to 5,000 HP
Dolphin: 5,000 to 50,000 HP
Orca: more then 50,000 to 500,000 HP
Whale: More than 500,000 HP
What is Hive Power?
Hive Power represents the amount of staked HIVE tokens you hold.
By "powering up" your HIVE into HP, you increase your influence and gain the ability to participate in various on-chain activities, such as:
Curating Content: Voting on posts and comments, which influences the rewards they receive. The more HP you have, the more your vote is worth.
Governance: Electing witnesses who are responsible for producing blocks and securing the blockchain.
Resource Credits (RC): Your HP determines your RC, which are used to pay for network transactions like posting, commenting, and voting.
How to reach Orca status
Reaching Orca status requires a significant investment of HIVE tokens.
Here are the main ways to acquire more Hive Power:
Buy HIVE: Purchase HIVE on a cryptocurrency exchange and transfer it to your wallet.
Power Up: Stake your HIVE in your wallet to convert it to Hive Power.
Earn Rewards: Create and curate content on Hive-based social platforms. A portion of the rewards you earn will be paid out as Hive Power. The more Hive Power I power up, the larger my curation rewards are, which is cool and my author rewards are also growing slowly as I am attracting more Orca level curators, as my Hive stack reaches near Orca level.
This kind of social and economic hierarchy is just one interesting aspect of decentralized finance.
This post was written by @shortsegments, if you liked the story, or have questions, leave a comment below.
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Thank you @friendlymoose for this graphic you created one year ago, for your Dolphin to Orca post.
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Congrats on getting Orca status in advance, lol... That is a big milestone to reach. I guess, consistency pays at the end. But, the difficult part is to keep it up.
It's tricky, you have to continually find things interesting to write about. But fortunately I am very curious and cryptocurrency is full of innovation, so I keep writing.
Yeah, I guess it must be tricky. But, when you get used to it. You find a way to write something. Just like when you plan ahead what to write for a whole year. Once you start, ideas will start coming in as you go.
True, I am writing a book on my Hive Journey and so each day need to come up with something interesting to write about. Fortunately Hive iw interesting.
Oh really? Writing a book.. That is cool!
Good luck with that..
Thanks, it is a labor of love, but still labor :)
A labor of support? It is the first time I hear that phrase.
I got you,, & thanks for the support..
Wow, congratulations on getting so close to Orca status! Hitting 50,000 Hive Power is a huge milestone, and it’s inspiring to see how your hard work and consistency, publishing daily, trading, and making smart decisions like powering up instead of reinvesting in tokens are paying off.
I like how you shared the journey honestly, especially the part about selling a token you’ve been holding for four years and turning that profit into Hive and HBD. That’s a smart long-term move, I must say.
Thank you. It was a long journey and not all decisions I made paid off well, some set me back, but others propelled me forward. Many years were required, but once the stack gets to 6000 Hive it starts to build faster.
Selling that token on the 10x spike and moving profits into HIVE and HBD is the key part here..
Letting HBD feed more HIVE over time while you power up keeps the snowball honest, and and it shows discipline.
On the rank bit, badges look at veSTs not the HP number you see, so the line can shift with price and conversions, which is why 50k HP might still show dolphin.
Thanks for the feedback.
I must admit it took a few cycles for me to get to the point where I have the discipline to resist the urge to Diamond Hand many coins and remember the focus should be on accumulating Hive.
Second, as for the Orca status, thanks for the explanation. I figured it was vests, and price, so that's helpful to know.
Lastly, any advice from you would be appreciated on this last subject:
My next challenge is to time my power down of Hive, to free up Hive to sell in the coming bull market, which seems to be a pretty short season on Hive. I read of how others are able to propel themselves forward by selling during the Hive price pops and buying Hive back after the drop, as a mechanism to greatly increase my HivePower faster.
Thanks
Congrats on all fronts.
Thanks
You are an inspiration to many of us coming behind most especially I myself. I believe one day I will have a lot of hive power like yours soon
And indeed if you power up your rewards, curate and create content daily, and engage daily, you will be an Orca also.
Time flies on Hive, so if you create a plan and follow it, you will be surprised what you can achieve.
#hive #posh
Thanks for sharing my post
That’s an amazing milestone! Reaching close to 50k Hive Power shows real dedication. Orca status is not easy to get, but you’re almost there. Wishing you the best to achieve it soon!
Thanks
Thanks for sharing my post.
Congratulations @shortsegments! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
Your next target is to reach 30500 replies.
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You're unstoppable @shortsegments! We'll be here cheering you on every step of the way!
Thank you