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RE: [Hive talk] Understanding Crypto Trading - Episode 6

in Project HOPE5 years ago

So let's see if I got this right, you are betting for lower Hive/HBD, that's why you sell Hive at the current 0.19ish ratio of Hive/HBD to have some HBD to sell when it falls lower than 0.19

Ok, but please explain to me how we can get much lower than that if we have the haircut function preventing the chain itself to convert HBD to Hive to a ratio lower than 0.2?

(I am as very interested in these massive hits the Hive price will be suffering until the Korean pockets are done dumping all the way down to 500 satoshis at least.. if this place can survive that I'm going to make averaged purchases on the deeps)

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Ok don't confuse yourself further. Put it this way, the 0.2 is only a ratio. There may be one day all of this going to be reset to 1:1 or turning the other way round. But if you're a cost averaging investor, what did you miss in between? You have some in 0.15, you have some at 0.30, and even more at later stage 1.00 because you're selling all your hive for HBD.

Ok, but please explain to me how we can get much lower than that if we have the haircut function preventing the chain itself to convert HBD to Hive to a ratio lower than 0.2?

So, it can't go lower. Which means they don't print HBD anymore, so there's no no way it can fall below that value. Do I understand your question correctly? Let's put an example of current hive price at 0.10 and hive is 0.50, that is exactly 0.200 correct? Since you don't print HBD, what happened to HBD?
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What WHAT?!!!! That doesn't make sense! Dude, nobody is here to make sense. As I told you, dollar is an evil. You know better than me why Venezuela keep on failing their banking currencIES, because they can't stop printing new notes. And worst is, instead of printing new notes, now they printing more zeroes to the notes.

(I am as very interested in these massive hits the Hive price will be suffering until the Korean pockets are done dumping all the way down to 500 satoshis at least.. if this place can survive that I'm going to make averaged purchases on the deeps)

I don't know who are the Koreans that is dumping. Satoshi or not, that is only a way to measure to the bytes. You can have zinga tenga trillion satoshis sitting there but nobody buy it, it will still worth 0.000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000001 USD/satoshi or probably less.

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Source from customized chart with TradingView

Here, I will make this to the public later when I make a post. I always like to see your comment when I'm writing about trading. Your questions actually inspire me to write on the next topic 🤣 HIVE/STEEM. What if STEEM is the denominator, and HIVE is the numerator? Again super mind fucked, because people who are pro HIVE will always "think" HIVE is the denominator, same goes to people in STEEM.

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Source from customized chart with TradingView
Let's flip the table, HIVE as the denominator. WOW!!! 1 steem is actually 1.46 hive now! Overly corrupted by the conventional banker thinking aren't we? Take the dollars out of the equation, the most important is how much crypto do we own. Which side of the crypto did we owned. The ultimate winner is not BTC that was once worth 19k. You can have 0.000001BTC and hodl it all the way there, but did you sell it?

I will try to come up with a table of averaging. So you can see why am I NOT actually bias.

The Koreans dumping can be tracked easily, they move funds from Koreans exchanges that supported the airdrop to bittrex, so keeping an eye on the bittrex wallet can give you a hint when the dumps are coming.


I think I understand what you mean, even when the debt ratio triggers the haircut function you still can have an agressive buyer pumping the HBD and this will make it stronger against Hive. When I was writing this comment there were the rates between Hive/HBD

IMG_20200410_111055.jpg

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You have a 0.177 ratio and this can go upwards of downwards... One good thing is that Hive will be very dynamic the last few months because 孙哥 will most likely try to keep Hive as low as possible while pumping Steem as high as possible... On the other hand Hive whales and other potential new investors Will try to defend Hive to avoid its price being burried because it's as you say lol, they cannot move the eye from the USD denominator


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Because of your posts I actually started to set some limit orders and currently am trying to get the catch of it... It's really good being able to start learning this kind of stuff and have a place to put them into practice

IMG_20200410_111149.jpg

Some orders have already been filled... I'll try to figure out a way to grab more SBD to set low limit orders on Steem internal market as well. I'll keep an eye on your next post about this

Kind regards my friend

Very good. Steem is on the other hand, heading to the 0.15 ratio now. Unless you have some SBD already, other wise move your Steem down to 0.20 area and get ready to catch some SBD there. Once captured the 0.20, park the captured SBD and set them in 0.15 for more STEEM 😁 Fuck the evil dollar.

On the side note, 孫老闆 will have no eye see what is happening in HIVE. Let's not forget they have a lots of STEEM in BINANCE, so they probably have a bunch of HIVE in hand too. Whichever of them are right, I have all the nets on both STEEM and HIVE network to capture all of the movements. Muahahahaha

下几个月我们有机硅得到很多HIVE和STEEM,在我祖国我们有一句话:"on time of crisis there are those who cry and there are those who sell handkerchiefs"

"on time of crisis there are those who cry and there are those who sell handkerchiefs"

Now that I'm using my imagination on you speaking Spanish to me lol. I love how you put it, Chinese old saying goes, 有危机就会有转机. As in "For any crisis, there will be a turning point". And turning point meaning of doing the opposite to be prosper.

When everybody is selling, we'll be waiting at the bottom to buy them back.

如果你对外国语言有兴趣我能教你西语。。。稍等吧,你多大?妈呀!我现在不知道怎么叫你?我二十九岁。。。那可是我应该用您或者大卫兄弟?我不太清楚

網上教學比較困難,除非你用視頻教學。不過,語言始終需要互動,就好像我們現在溝通一來一往就比較容易學習。

還有,我對語言的文化比語言本身來得更有興趣。比如為什麼意大利語言和西班牙語的相似度接近90%。然後,為什麼葡萄牙語和法語也有大部份共用詞?而這些詞最後又怎樣演變成英文,到最後現在變了不三不四的美國英語😂

換句話說,如果要學習,到底應該學習哪一個國家的語言才會是最正宗的拉丁語言?這幾天復活節,我都在看羅馬天主教的直播。他們到底是在用意大利話還是西班牙語呢😂

另一件事,您是尊重稱呼長輩的稱呼。我年紀比你大,你可以用您,不過我會不習慣。所以,你還是直接用”你“來稱呼我就可以了。