That, Spark.
Let's jump into this pool of why not try it. Sure the only risk is gain.
I am looking to the future many years from now. I am looking at the children of your children's children and the uncertainty in the eyes. Well, that's how I see it. The cost of living so high to own a house it will be their grandchildren who end up finishing the mortgage payments. Hopefully that does not happen. But just as an extra push toward not happening maybe we can be that push.
That should guilt them into agreeing with me. (humour)
If we think about it maybe we could do something, Maybe we could do as much as begin to reduce that financial burden being placed over generations. This would be reducing the cost of living for people. Making it easier to live on less. Not less food or water, but on less finance. The ability to clear their mortgage earlier. To have more free time to spend around family. To give a greater focus to the things that hold your interest. Instead of just at a weekend being able to partake in your hobby, Being able to do that regular through the week too. So in the field you improve yourself. If not fully time to live part of those dreams you might have.
On Hive I have been a strong advocate of Term Voting for anything that has a financial impact or reward.
What IF?
When reading this, I ask you to open your mind to the what if we could do this.
I know it will not be easy. Thigs worth doing rarely are... And it will not happen over night.
- Objective.
- Create a foundational support outside of the daily rewards pool that can have a designation of resource dedicated to assisting with the development of the Hive blockchain.
- Assist with funding for projects deemed to be required for progress.
- Investing to physical world projects along with digital and infrastructural support.
- Reducing the costs of living for people of the general population.
- Give Hive wallets and HBD rebates.
- Stabilize the peg through a natural means.
In making this happen a constitution of how the company can work where it can invest and industries it will not venture to. Big discussion needed on this.
We will also need the co-operation of many of those at the top that I so often speak out against as a group. Those are the people we are going to have to entrust the financial control over this project.
Those first four things I consider to be essential and will provide a positive vibe toward the success of the project. There is not really one that come before or after the other, they all work together to compliment each other.
We all hear people in real life complaining about many things, at the root of them in money. Maybe they should get more or maybe they should need less. Now we also hear in Hive that this system doesn't work. This needs to change that needs to change. (Honestly, it sounds like a decision already made and those with the power have already agreed to vote it.) Well no changes are needed to HIVE and HBD we actually need them both. Things work better in pairs. I would like to work 10 things or more all having a complimentary impact on the other.
I am reaching for the stars, So if I miss the stars, I will catch the moon on the way down.
- Investment.
Investment can come from many sources.
DHF is my favourite.
Private investor.
Investor various reasons asset commodity. They can invest to Hive or not. They can purchase HBD or HIVE hold it power it up do what they want with it. We as a foundation? Go quick make Hive foundation names of all kinds with a dash a dot an underscore and all one word. We want financial investment. For this they take the risk on a long term investment for what ever reason it is listed. All we are doing is accepting financial investment with HBD or the conversion of HIVE to HBD at a 1-1 value. *(I have thought about this and there is options to compensate against any loss long term. The big profits come later for wherever the investment comes from.)
Donations.
People can give us donations.
Curation.
Yes we rip the pool too for a short time to get the account some power.
Posts.
Posts will be made too, with the rewards 100% powered up. An agreed amount can then be made to stop the rewards to the account. Maybe at that point there can be beneficiaries set and to take the rewards. Support for other projects, maybe set up Hive Charities. Anyway that is thinking longer along the road.
With Support from the DHF alone without any financial investor. This project can succeed and open the doors to newer boundaries.
There are many ways to begin the growth.
Your name is here because I think I need you for parts of the project, or I would like you to be part of it. In both cases even if I do speak against the choices, I do hold a lot of respect for you. I have never personal in a disagreement with you or others that I know. I have always tried to remain in discussion.
Forgive this tag if I intrude on your time.
@blocktrades @howo @guiltyparties @fredrikaa @deathwing @timcliff @c0ff33a @mahdiyari @arcange If I can get you guys to work together on this project. Think higher than the skies the limit. I mean that in the sense of what can be done. The financial gain is longer term here.
Never against you, Just want you to do more.
I am going to assume investment comes from the DHF. It works better for the initial growth patterns in my mind anyway.
The process.
On paper you already agree with this project. You show massive support for the stabilizer. But that's a very short term solution and now seems to be causing a pump cause people know there is someone coming to buy.
I do not care what happens right now. I want 50 years down the time road. Hive HIVE HBD is still there and even possibly on its way to be the leading digital currency. Social media site. I think this would end up being a small part of a wider media outlet making use of the chain, Again our voice will be crushed by the bigger Plesiosaur and silent our voice like a whisper in the wind again. The reason they come is because the security the chain can offer. For transaction history a decentralisation unsurpassed. And the feeling of security, our economy system can provide through the investment from the DHF.
Various Projects to get involved in. Those are Housing/Accommodation/real-estate, Energy, Which the property purchased can provide the roof to begin. No additional land cost for starting a second venture. This is to begin with, these are finance generators that are converted to HBD or HIVE. If HBD is higher than its peg. We will purchase HIVE instead with the finance brought in.
Creation of accounts will need to be made for this project too. All these accounts will have limitation of the constitution written for what can and cannot be done with any finance generated.
A central account. This account can act as both an escrow and a security account.
The central account will be allowed to grow by % of returning HBD Hive is passed to the account. This HBD can then be used to place downward pressure on HBD if needed.
Over time the central account would amass more and more Hive power. This Hive power would be constantly added to. Again in the constitution of the account it can only ever be used to protect the chain against negative activity.
For this, my suggestion would be. It could be used to support the flagging of plagiarised content or other malicious posts that may come about.
It could be used to defend the chain in the case of a hostile entity. Other than those Instances it should have no other effect on the reward pool. Or the account can be set to only have a down vote as far as rewards go.
At excessive amounts. Hive can be transferred to null. Interest to the account can also be removed. The account is there to help support the chain not end up relying on it.
HBD ====> invested to property.
Estimated.14 property provide 10% growth (lowest est.)
Property Price: €210,000 €200,000 property. €10,000 in solicitor/lawyer fee's.
Return €1,600 - €1850 Per month.
We should be thinking about doing this in various locations around the world. I would like it to start in Ireland. Because, that's where I am and I can see it grow at the start and try establish a visual for everyone else of the model I can see in my head.
We should be thinking about doing that 40 plus times in many locations. Each new location begins to help support the next one start. Call it a bloody tax that keeps the value high. Do you mind having less money if it means you can buy more with it.
A very simplistic breakdown on returns can be seen here.
https://peakd.com/hive/@thehive/looking-at-figures-p-2
Expansion is only limited by we are prepared to sacrifive short term.
With an initial smaller return and greater re investment growth is quicker. Providing a better reward later. It is not long before the amount returning each month exceed how much is going out. At that point the only way for HIVE is up. If we can purchase more HBD than we need to grow. The we will need to convert the rest to HIVE placing upward pressure on HIVE while keeping a value of HBD relatively even from day to day.
We do not mind what HIVE does value wise. At some point in time we will need to use that HIVE or part of what came back as investment or support to others objectives. How it does get used to support other projects, again constitutional binds.
We create the End USER the chain. It can run as a non profit or profit making. The core account or a charity account we might set up. Would be foundational and non profit and have to work within those established in each location.
I would like to clarify, there is Big! difference between a use case and an end user. A use case does not mean the end user where the token will end it's journey and be recycled back into a growing economy and greater expansion of use.
This would be the phase of integrating new user of a Hive wallet to the chain. Just like a promotional a loyalty card.
This is obviously a bit down the road. The general conception of HBD after having established its value to whatever peg is used. Is a given, People buy it up below it's peg because they are assured of the peg value back,
They won't pay more. because the chain will only redeem it at a peg value. If HBD is below the peg we by it back to the with returning and recurring return for re investment.
We begin this program with a rebate system at the start of the project. There are ways to expand around this feedback loop externally to the chain before it gets recycled by the chain, or supports other Hive functions.
People begin to accumulate and are informed they can use those to cover the cost of housing. I can see a rush at Christmas happening. Or that would be a dump I guess.
The magic in this formula is in it happens naturally through a positive interaction of providing a value for HBD. The Peg will naturally level out to it's peg.
The redemption of the token already set by the peg is the vale it wold be accepted at. If the price is high, They might be better to sell it for the 3 USD value and then pay with cash and keep the profit. Natural downward pressure on the token. People agree on not losing money.
At 40 property we exceed in returns. what we put out.
This renting of accommodation is the start, This is the foundation that assists expansion. It should be done in a local area. A concentration of the wallet so to speak. Two area's or avenue's open up to possibility. A fork in the road looking as equally attractive on both sides. (maybe also bargain holiday/vacation deals for Hive members.)
This revenue creates a demand for HBD as a token of an established value. There is a feeling of security this token will hold the value of peg. As we redeem the HBD at that price. The advantage is in buying it under and if you can find someone to give you more for it. They might learn over time. If the price of HBD is at the peg. then a purchase of HIVE is used.
These funds are used for the promotion of new projects re investment. Other items the community feels strongly about. The higher the re investment the quicker everything grows to integrate and compliment each other. Our own set project should be taken into account too. To begin they should hold priority. These begin a strong support foundation for the use of tokens.
Energy is one of those projects. By investing in renewable energy for the accommodations the chain hold. Okay I can hear the murmurs, This is part of the governance which needs to be able to be coded. Their would have to be specific editing done to any Hive foundation account.
Local industry. A concentration of wallets can put enough pressure on a corner shop to accept the HBD for purchases, Limited to start I can see this.
The creation of our own Hive brand. Hive coffee and Hive coffee shops. These may need to be supplemented to begin, We will be finding our feet on the run and need to rely on the expertise we have at hand.
Water purification distilling of water (various uses). This is a big topic too and would be much further in the journey.
All of the above generate a revolving revenue, that supports the chain, and the chain gets to recycle them. This ultimately creates an environment of growth for the wealth and value related to the coin the chain. What we do with the surplus is what will separate us from the rest. This we put to educational resources, maybe basic consultation with a local doctor. If you can think of a thing common to many populations that is needed we can generate the resources needed. Prioritising them ah well a whole new debate there.
Local fruit farms cheaper accommodation and energy along with housing costs. Cheapen those an enable people to do more with less through rebate systems and other method we can develop.
Let what we do Hold the Hive FLAG! and let it fly where The Hive chain recommends this establishment garment or other as a quality brand. Registered at Hive.approved.brand. Hosting star ratings and other info the product or store might offer. We have people all over the world to test new products and brands.
Idea's there for providing mortgages.
Supporting internet radio'.
If we can think it and debate it we can probably make it happen.
At each stage of this project. Pre agreed %'s can be moved to source other seeds. A more in-depth conversation should be had on what investments are made from the chain. When we regain XX or after this quantity we can begin to look at other things and which might be the best way to invest next.
Some decisions can be put to a general poll for some funds to be used for other reasons we yet do not see. Each company with any resources would host a node to ensure transactions came through them. Running the node for a large company means a much lower cost can be reached by use of the chain. One of the large company's, will be the foundation we establish.
This is a long term project, that I would not like to live to see the end of it. I would like to thing it could weather and survive through financial wars because of the value that can be demonstrated to be usable.
Technology is needed for the blockchain. Limiting what Hive can be to just the blockchain and code, is limiting the impact Hive can have in all form that use the blockchain.. You should feel guilty.
Crypto Excahnge:
Ionomy:
https://ionomy.com/en/aff/d0afaf8f56804ce181c5ef5db43d4a21
Bittrex:
https://bittrex.com/Account/Register?referralCode=DHH-RXK-11E
Crypto Card Visa Blockcard
https://dashboard.getblockcard.com/i/SMvuCfUG
Discord Servers
Bro SGN: https://discord.gg/W2pdeDa
Hive Block chain Server: https://discord.gg/QxbgScK
Games
Free to play:
One Arm Bandits: https://brosgn.net?ref=923
Poker: https://lucksacks.com
Music game: https://www.risingstargame.com?referrer=thehive
The increase in HBD price isn't caused by the stabilizer. The stabilizer actively works against the pump: it doesn't buy any HBD, it only sells it. And it sells it on a continuing basis, as long as HBD is above $1.
Yes this encourages people to drop and raise the price. If I can buy up some and others too. Its a constant cycle of I buy when you don't and buy back cheaper from you as the price drops back down. It's the golden Goose.
Edited in this line.
But if you create the End User.
No, that's entirely wrong. The selling of hbd by the stabilizer can only drive the price downwards. And due to the nature of the funding for the stabilizer this is a constant pressure. It never pushes the other way.
The thing that pushes the other way is foolish speculation: and in the aggregate such speculators will only lose money. Due to the pressure from the stabilizer, t's a "less than zero sum game" for the speculators, and if you're buying up HBD when it's above a dollar, I can only advise that I believe it's a terrible investment strategy.
As I do and have touched on how it can hold a peg value naturally in the post.
I'm new to HIVE and recently bought some with your excellent service (really, easy.) Can you explain to me how HBD is even made so I understand this better, or point me to resources?
Here's a post written for SBD, but it also mostly applies to HBD: https://hive.blog/sbd/@timcliff/sbd-explained
One thing that was added later, so it is not described in the article above, is that HBD is also created from Hive that is transferred to the Decentralized Hive Fund (DHF). The DHF only pays out to proposals using HBD, so this auto-conversion of Hive to HBD mechanism was added to allow for people to donate Hive as well as HBD to the fund. This mechanism is now being used by the hdbstabilizer bot to create more HBD (increase the HBD supply) and push the price of HBD down to its peg price.
That you feel there is a need to put downward pressure on a peg. That shows the error itself. The only time the chain should feel pressure to the peg is in bringing the value up to the peg.
Like you have said in one of your replies here, Buying HBD above the peg is dumb and a very high risk. Yet the value of HBD soared to almost 3 times it's peg value.
How much HBD has been used to put downward pressure on the HBD now? must be getting close to half a million if not more. and still the HBD is over twice the value of what it should be, The price has actually gone up since this downward pressure has been applied.
HBD is created through the daily rewards pool and at times you can gain some to your wallet in rewards for comments or posts.
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