It's the first day of the month, a day that is dedicated to powering up HIVE each month. But this time, we decided there would be NO powering up and NO rewards for March!
Still, ...
Did we get you?!?
Of course, it's a joke! 😄
It's April 1st, Fool's Day, and we couldn't resist acting accordingly and playing foolish just a little bit. 😎 🙈
We hope that we didn't shock you too much for too long!?! 😀
So, as the image above says, Today is gonna be a good day!
We prepared earlier and brought in some fresh funds to power up our account again for another 100 HP.
The snapshot of token holders was taken on March 31st, 2023, at midnight (UTC), and the rewards for March were sent out just before publishing this post.
The amounts of shared rewards for March are shown in the table below for each token holder according to its respective token holding.
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Enjoy the rest of the day, and don't get caught! Remember, it's Fool's Day! 😉 But a well-intentioned good joke for a good laugh is always fun and healthy!
To buy a VOCUP token, visit Hive-Engine, Tribaldex or LeoDex exchange.
Please review our Announcement post to learn more about our project.
Images Sources:
1st image (Thumbnail): Our own derivative work with image by Alexa from Pixabay
2nd image: (Table): Own work.
Dividers: Our own derivative work with image by Gordon Johnson from Pixabay
I clicked to read this because I already knew it was a joke. I just wanted to read it and see how you pulled it off. 😁
!LOLZ
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hahaha - So, you caught us right away!?! 😅
!ALIVE
!LOLZ
@wanderingmoon! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @vocup. (1/20)
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Ten- tickles
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Even the cake was in tiers.
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Congratulations @vocup! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
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😁 Good try! Sorry, but I didn't buy it! 😉😁
hahaha - Good intuition! 😀
!ALIVE
@ana-maria! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @vocup. (1/20)
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!BBH
!PIZZA
!MEME
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@vocup! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @synergized. (1/20)
At first, I thought why was there no power-up this month? I completely forgot about April Fool's Day... Hahahahahahaha 😂😂
Congratulations @vocup! You received a personal badge!
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I fell for it! !LOLZ !ALIVE
hahaha - We would bet that in your part of the world is still April 1st. Right?! 😉😁
!ALIVE | !LOLZ
Yup. For the next 3 hours or so. How many more jokes will I fall for before the day is over?
😂 You really made us laugh aloud now! 🤣
lolztoken.com
In his sleevies.
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@ironshield! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @vocup. (2/20)
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An Orcastra
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(1/10)
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@vocup! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ironshield. (2/30)
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Hello!
no idea what's wrong with me lately that i keep missing these posts haha
at first i fall for it, then i realised it was 20 days old lol good one
thanks for the march payment!
I already added more vocups, 6.5 so far ^^
lets see if i can add to 10 soonish!
keep it going!
Hahaha - You see! 😅 Imagine how many more you would miss if we posted more often. 😉😁
Anyway, thank you very much for your support! 😊
!ALIVE
!LOLZ
@siddhartaz! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @vocup. (7/20)
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The corner—they’re usually 90 degrees.
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Use the !LOL or !LOLZ command to share a joke and an $LOLZ
One twelfth of Power Up Days will fall on April Fools Day each year.
Quite frankly, I decided to stop powering up my HIVE. I now transfer any scant earnings I have into HBD savings. HBD gives guaranteed passive income at 20% interest!
HP is just speculative. Since the system guarantees HBD with HIVE, I figure that HBD will continue to be the better bet until haircut season is on.
!LOLZ
We will probably agree with you entirely if that last part doesn't concern us, as when it happens and, i.e., HBD drops from the current $1 to $0.75, it would be, in a second, a permanent loss for many.
What we mean by that is the following.
Let's say one invested $1,000 in HBD. After a year, it would be $1,200. If the haircut rule gets implemented the following day at the above-mentioned price ($0.75), those 1,200 HBD would be $900, which is a 10% loss on initial investment (of $1,000).
If the haircut rule gets implemented after two years, that $ 1,000 (with compounding interest) would be 1,440 HBD x $0.75 = $1,080, which would be a total profit of only 8% after two yeas period of "frozen funds" on the initial investment (of $1,000).
On the other hand, as you said, the HIVE price is way more volatile and unpredictable.
Therefore, we think that both paths are somewhat of a gamble, and on both of which one should be prepared for all sorts of outcomes (from worst to best) and as well nimble, quick, and ready to adapt to rapid changes that might occur.
!ALIVE
!PIZZA
HBD compounds every 30 days. The interest from HBD is actually a bit higher than you stated.
Another interesting aspect of HBD is that whenever the price of HIVE drops significantly, many players convert their HBD to HIVE.
In the last two market dips people converted over a million HBD into HIVE. I suspect that, if we saw the price of HIVE fall below $0.2, we could see 3 to 4 million HBD converted to HIVE. This would decrease the market cap of HBD and increase that of HIVE.
Ausbit says the haircut will happen if HIVE drops to $0.0783.
But, if people converted their HBD to HIVE, then the HBD/HIVE ratio would change and the haircut probably wouldn't kick in until the price dropped below $0.05.
!PIZZA
Yes, you are right! We know that HBD compounds every 30 days, but we did just a quick, rough math.
There is also a very good post published about a week ago that explains a pretty detailed (even going through history examples) what you just said. So currently, there is no panic that an HBD haircut will happen soon and overnight.
Despite that, and from our project perspective, we are, at the moment, somewhat forced to focus primarily on our HP, as otherwise, we wouldn't have the "fuel" to support the publishers. And that's our main goal (especially, although not solely, having in mind newer Hive members).
Besides that, if we all abandon HIVE (and HP) and move our funds to HBD, the blockchain might lose its primary purpose or maybe even some sort of its functionality.
On the other hand, we also don't want to put all our eggs in just one basket. Therefore, we are trying to "juggle" by distributing our investments in different promising projects as on-chain (including HBD) the same off-chain, and balance them all together as best we can and know.
Apart from all of that, thank you very much for all the inputs that you shared here, as we find it valuable food for thought.
!ALIVE | !CTP
I am not happy about the high interest on HBD because it seems to draw resources from the other projects in the ecosystem.
I powered up enough HP to be a dolphin. I feel devastated by the steady decrease of the tribal coins on HE.
As for panicking. People evolved from herd animals. People are sparked by movement.
Neither of the last two dips were deep enough to justify a panic, but the fact is that, in the last two market dips, we saw people convert about 10% of the HBD to HIVE. The movement sparked the sell off.
Oddly our biggest problem would happen if market capitalization of HBD increased rapidly over several months without notice.
I am happy that you are focused on your project and hot HBD.
!WINE
There are a couple of HE tokens that we have monitored for some time, and unfortunately, we have to agree with you on this one.
But there is one HE tribal token that stands out and slowly moves in a different direction than the other majority. We are talking about the ALIVE token.
Here are some numbers from our data collection.
We believe, in some future market rise(s), the vast majority of the same people would convert it back from HIVE to HBD.
And last but not least, thank you for understanding our position and recognizing the intention! 😊
!ALIVE
@yintercept! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @vocup. (3/20)
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Congratulations, @yintercept You Successfully Shared 0.100 WINEX With @vocup.
You Earned 0.100 WINEX As Curation Reward.
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@yintercept! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @vocup. (1/20)
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@yintercept! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @vocup. (2/20)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.
This interaction thread is very interesting and informative.
I was not aware HBD haircut existed. Thank you for sparking this conversation and sharing valuable information @yintercept and @vocup 👍😊
Thanks for the reply.
I know that there is a haircut. I am not sure what the haircut will do.
I just know that it exists.
Currently, the haircut kicks in at 30%. I intend to dump my HBD if ever the marcap of HBD rose to 15% of HIVE. I might dump at 10%.
Interestingly, the fact that many HBD holders will dump HBD as it approaches 30% reduces the chance that we will hit it.
Prior to the last dip, the HBD marcap was approaching 7.5%. People converted over a million HBD and the marcap dropped. it is now 5.7%
!PIZZA
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Because Donald ducked!
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You successfully made me fool because the title of the post shock me for a second LOL 😂😁
LOL - Sorry!
We didn't intend to make a fool of anyone, maybe just a little shock and then a good laugh! 😄
!ALIVE
!LOLZ
Don't be sorry dear, I was kidding! Have fun!
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His funnel is tomato
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@leo-fairy! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @vocup. (3/20)
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$PIZZA slices delivered:
yintercept tipped vocup (x1)
vocup tipped yintercept (x1)
synergized tipped vocup (x1)
@yintercept(1/5) tipped @tuisada (x1)
Yay! 🤗
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