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RE: SpkNetwork: Going To Lock Up Millions Of HIVE

in LeoFinance3 years ago

I will spend my Hives and buy miners - for this I will be credited with SPEAK management tokens. The price of Hive will rise and those who have Hive will sell it and earn a lot of money. And I will sit with my manners and management tokens and cry.
Is that how it works?

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Well, consider this a sacrifice for the benefit of the community ;)
At the end someone has to lose so that others could win

Why does someone have to lose so others can win?

Isn't it possible for multiple tokens to go up simultaneously.

Markets arent a zero sum game.

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Maybe you're right and it's possible, time will tell. Everything depends on the success of this spk network or platform.

Well, first of all, you don't HAVE to spend a dime on anything. You can sit back and collect your miners (LARYNX) for free from the airdrop and watch them mine you SPK tokens. So if you do nothing (other than complain) you will still have all the HIVE you started with, PLUS 1 for 1 LARYNX miners, PLUS whatever SPK tokens those miners mine you.

I find it hard to see what you have to complain about but if that's what makes you happy...

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Isnt there something about a gift horse?

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U will also have to provide infrastructure along side locking in ur LARYNX miner tokens in order to get SPK.

what do you mean by infrastructure?

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Yes except for the crying part. Well that might be part of it depending upon how you are.

Keep in mind that the LARYNX tokens that mine SPEAK will have value. As will the SPEAK tokens. It is possible that SPEAK appreciates more than HIVE.

We really have no way of knowing. There are always choices to be made.

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I understand you-but I think I'll watch from the side! Thanks

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That is a viable option. We cannot be in everything and each have to make our own choices.

That is why the concept of opportunity cost even exists.

Besides, if we all did the same thing, markets for most things would crash.

Posted Using LeoFinance Beta