Another day of Hive hanging around the mid 70s. This is boring and exceptional at the same time.
It is healthy for an asset to trade in a sideways range for a while after a run up.
My hope is we can carry this through the end of the month and then have things gear up for a higher move. We have some very good stuff coming out. That will help things along in the medium term.
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I will take boring any day. I hate pump and dumps as I am not a trader.
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Volatility is a trader's dream but an investor's nightmare. I recall hearing that tossed around a lot but not sure where it came from but it came to my mind.
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That is what few seem to remember. Pumps are a lot of fun but they usually end up in dumps.
The net is just a long run up followed by a rapid decline right back to where everything started.
Traders love it but the rest of us get little benefit.
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Licensed traders love it because they get commissions per transaction-- buy or sell, it doesn't matter. For traders who are just regular people, I don't know if it's the same for them.
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The side-way action is good because it means people aren't in a rush to dump. We have been trading around in the 70s-80s recently which is much better than the 10 cents we were at like half a year ago.
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Agreed. I think we are in a much better place now and hopefully we'll be even better a few months from now
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Well maybe we can wait for the 5-5-5 club from before. At that point, we will definitely be earning quite a bit.
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It will be a wonderful day.
Perhaps we need to start with the 1-1-1 club first.
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Yes, I think that would be a good thing. If you think about it, 1-1-1 is a 300% on LEO, 100% on CUB, and 33% on HIVE from current levels. People would kill for those returns in a year.
Hive has finally moved from off its bottom but it sure would be nice to see LEO and CUB do the same. The longer they stay at their lows, the easier it is to see them making new lows.
I know shit is coming that should move them in the right direction so I just keep stacking as much as I can, but a little positive reinforcement in the price wouldn't hurt my feelings....
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I've seen this before here. What is the "5-5-5" club?
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$5 HIVE, LEO and CUB
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$5 HIVE, $5 LEO, and $5 CUB -- got it!!
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That is very true. Plus, if @splinterlands keeps adding 5K-10K users per day, that is a fair amount o HP required just to sate the new users.
Over time, that will keep adding up.
Each day, we also get one step closer to #ProjectBlank and SpkNetwork. I believe the SIP and the HP for blank will suck up a lot of Hive also.
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Well, as I've said before, probably the most important and influential of the three is HIVE. If that starts making a run, you'll see it drag up the prices of some of these other tribes. I mean if HIVE hit $2 and LEO was still sitting at 25 cents I would be hard-pressed not to buy 8 LEO for 1 HIVE. I mean, turning 1000 HIVE into 8000 LEO would pretty much be a no-brainer for me. Especially considering the curation rewards that go along with it.
Hopefully we see it happen as we get closer to the end of the year and some of these projects start releasing.
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Heck, I remember when this thing was areound $0.13, so the 70's is fantastic. I was thinking about it moving sideways as well and feel we're just "hanging around" prepping for another sustained rise.
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It is not hard to forget since it was a short time ago.
We are at a much more attractive level right now. Perhaps we take another leg up from here after hanging out for a while.
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Unfortunately we can't quite say the same about CUB. Touching new lows at $.500...
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I will take this boring mid 70s. Considering where we were coming from a couple of months back, this is actually good. Hope we can hit the $1 mark and stay there for a while.
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I agree. Not bothered by it one bit! I'm taking the time to build up my HP even more in preparation for SPKNetwork. I think it's gonna be huge
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If things go well for us, we could see a couple more weeks consolidation and then another leg up. Where that take us is anyone's guess. However, I would not be surprised if it got us near a $1.
Some chartists are saying that we could rush the ATH and keep going. We shall see.
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I am pretty happy with this kinda boring. My Hive rewards are worth more than LEO rewards. Tables have turned. So if LEO goes up, we win. If Hive goes up we win. If they go down we earn more of them. This is genius! 🙏
$1 Hive Soon. 🚀
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If you believe that the price of LEO is going to move back to a 1:1 ratio with HIVE, then now is the time to delegate to leo.voter.
Earn a passive 16% on your HIVE, paid out in daily LEO transfers.
Depending on how long you think the ratio will stay as low as it is, you can stake your earned LEO either here or on Cub Finance.
Then convert it back into HIVE when the ratio goes back closer to 1:1.
$$.
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I just delegated 15 HP to @leo.voter. As I earn more HP I will make periodic delegations to "@"leo.voter.
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Get paid in LEO to help the team with the RCs required to create new Hive accounts.
Rewarded in LEO for doing your part for Hive :)
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Do they have enough RCs to mint all the accounts they are getting right now? Or are they paying HIVE to mint any accounts over the tokens they have left?
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@leo.voter (not to be confused with @leovoter which I believe is one of TheMarkyMark's alt-accounts or is closely associated with him. Do not quote me on it being one of his alt-accounts as that is just my perception. It may belong to someone else.) has a ton of HIVE Power and RCs.
At present, the accounts HP balance is:
1,910,922.075 HP
They have plenty of resource credits (RCs) to create accounts I am sure.
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@leovoter is mine, correct. It is not an official account and was created before @leo.voter was made and was not made to cause confusion.
I look forward to the daily payouts. My immediate goal is to delegate 100 HP to "@"leo.voter. After that, I'll take it from there.
Is there a good reference listing all the delegations someone can make to earn more HIVE, LEO, etc.? That would make a good project for evergreen content and the SEO4LEO initiative.
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Well there are quite a few but some of the ones not listed is
-dunkcurator: Delegate DUNK Power for DUNK returns
-monster-curator: Delegate SPT Power for SPT returns
There is also a bunch of projects where you can delegate HP for various tokens such as liotes.voter for LEN tokens. There are probably a bunch more but I don't want to sift through everything.
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Ah, I didn't know about monster-curator. Trying to slowly build my SPT Power to help with curation and the daily airdrop. Will have to keep that in mind.
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It can take a while to go through the Layer 2 tokens to see where they can be delegated for returns. That's a project in itself (just not by me for now).
What's the search term or keywork you use to find out about these things?
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You're right, that would be a good one.
I'm sure people have written about it before, but it's just been lost in the abyss.
(Leopedia needs to be moved to leopedia.leofinance.io and used as an organised index for the best pieces of evergreen content on our domain.)
But back to the issue of delegating...
Just quickly I'd say the best is to:
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I think your forgetting LeoFi as one of the options.
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I'm already following "@"meowcreator, so I just need to make periodic delegations to it. Thanks for the info.
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Yes it does help them to claim accounts which will be of benefit when #projectblank is released. I think they will need a lot of accounts at that time.
It is going to be fun to watch it all unfold.
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That's something I gotta do. I have a bit of HP delegated to leo.voter but I think I could get more.
Does it have any influence on curation rewards for 2nd layer tokens? Like, is it going to impact my curation on Leo, for example, or is it dependent on Leo Power alone?
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Yes, if you are deep into LEO, it makes sense to put your HP to use.
All of my Hive Power goes to @leo.voter. At around 1k HP I was getting ~ 1.2 LEO. 365 days, 438 LEOs. Obviously, my HP is going to grow over time and I can make much more.
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I have some delegations going out from my main account (@sgt-dan). I have been delegating to @leo.voter curation/account creating account for some time now.
Clicking the image above will take you to @sgt-dan's wallet
It is very good advice to delegate one's HIVE Power/Stake (HP) if one is not using the account for curation. I am playing with the idea of increasing my current delegation to @leo.voter. It helps LEO Finance and the greater HIVE Community by delegating unused voting power. Make a little $LEO token in the process as well!
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I've got a little with leo.voter as well. Not a ton, but it does seem to pay me a couple LEO every day. It's really hard to go wrong getting them at these prices in my opinion.
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Cool! Have a slice of !PIZZA as I have some extra.
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@dagger212! I sent you a slice of $PIZZA on behalf of @leopuma.
Learn more about $PIZZA Token at hive.pizza (5/10)
It does support things on many different levels so not a bad idea.
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In the meantime, just keep blogging and investing what you make back into the highest ROI generators.
Keep compounding :)
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That's the ultimate power. ✌️
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Even Albert Einstein was amazed by the power of compunding interest, and he knew a few things about numbers.
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Hmm...that looks and sounds great, I think I will do the same this week.
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Awesome mate. All the best! Keep stacking and keep delegating 🤑🤑
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I haven't bothered delegating HP over to leo.voter yet. I want to see if I can build my account big enough that small votes will pass the dust threshold first.
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I think 1000 HP is a great starting point. Maybe 1500 if the price of Hive goes down.
Do delegate to @leo.voter if you have extra.
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Well I don't think its enough for me since I tend to give smaller votes out. So most of my comment upvotes gets dusted and I plan on getting this up before I delegate out.
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I began my delegations when I reached 200 HP on my own. Perhaps I should have waited a bit longer.
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Get to 500HP first. And then anything over and above can be delegated. But it's great to have min 1000HP to yourself.
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Very wise move. Slow and steady wins the race. I did not become a HIVE and LEO dolphin overnight! 🐬
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Definitely get beyond the dusting threshold-- that's a big deal. If you haven't sone so already, follow @dustbunny and @dustsweeper. When you have sufficient HP, delegate a bit to them and receive small amounts of HP periodically.
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I use to use dustsweeper but I stopped since I burned through all my HIVE too fast
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Well it definitely has when you consider how the tribe tokens have taken a hit while HIVE price is still quite stable. No matter which direction it goes, we will still win out since both of them will affect each other.
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That is the problem on a low liquidity market. I hope we bring in more money and more no. of users. These tokens will start to grow with Hive's price.
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What is it HBD that's sucking all of it off of the exchanges when it's priced higher than $1 ? or is it something else.
A combination of the HBD stabilizer at work and Splinterlands registering a bazillion accounts per day.
Remember, each new account needs HP to transact.
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Good point forgot about that. Is the upgrade for the resource credits pool enabled yet? I lost track of development on that. (what might be cool is having a roadmap from hive on the main site instead of trying to search through posts trying to figure out what's going on)
"@"demotruk is a good source for news, information, and updates regarding HBD. He usually posts at D.Buzz, but he'll answer whatever questions you have regarding HBD. He describes himself as an HBD Maximalist, so I would go with what he says and you can verify.
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I am not sure I am a HBD maximalist but I am sold on it. I think it is a terrific token and everyone should support it.
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I learned enough about HBD from you and others that I transfer the HBD earnings from my D.Buzz account to this account. For the limited purpose that has, it's actually doing better than I had expected.
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I'm not entirely sure where we're up to either.
Way above my paygrade, haha.
The lack of direction and understanding of whose responsibility it is to do which job, is certainly the biggest downside of Hive's decentralisation.
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agreed it is one of the very negatives about a decentralized platform someone needs to be making the decisions because of group of people seem to really suck at it lol
It's been said that getting people to do anything on decentralized platforms is like herding cats. I understood it this way for a long time.
Then the other day I read/heard (I forget which) something which not only makes sense but applies to us here:
Lions can't be herded.
Trying to herd cats is a fool's errand because-- among other things-- cats are lions at heart.
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Hence the term decentralization. LOL
People work on what they want. Either way, we are going in a forward direction.
Hive would be better served with improved search capabilities. That would help a great deal.
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I've been saying this since I joined Hive just before May this year. The search capabilities are too limited. Without using Google/Bing/Yahoo!/etc. APIs, it should be possible for searching on Hive to be made similar to searching at those places.
Searching at Hive Search is OK, but the blogging front ends across the board need improved searching.
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That's a good question... I never heard anything about that again so I'm not sure where we stand.... would be good to know more
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No. The RC system is still the same.
Next Hard Fork we might see some change there. Blocktrades has not posted yet what that HF will include. I think he still needs to find out what different people are working upon.
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