I've been powering up HIVE

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When we came over from STEEM, we were powering down on both platforms. There seemed to be little reason so get invested on either side, and so much potential on the hive-engine platform.

I am happy to say, this went really well. From LEO more than 11x-ing our entry price, to ARCHON and ARCHONM's great success in the 4x-5x region, buying BRO at 2-3 hive and getting all those great dividends along the way, even playing dcity, and trying to play it differently than everyone else, we have had some great success. GAMER, WORKERBEE, DHEDGE, MPATH, hive-engine projects have really prospered. Even Splinterlands and its related tokens are pumping.

From that success we are looking to claw back some of these gains and power up.

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As I close in on ORCA for the first time, some might find it strange that I am powering up at all, since keeping it liquid is required to 'play the pumps'.

While if HIVE ever 'pumps', I would sell some, I still think HIVE has a lot more sellers than buyers. There is a ton of slack, so if I were a betting man, and I suppose I am since I move tokens around a lot, I would say we are still in the accumulation phase.

15 cents is not really a pump, tho if you buy it back at 12, congratulations you are a successful day trader.

What does HIVE need?

Hive, in my humble opinion, needs leaders, leaders that have their own great projects that use hive (and not for funding). There are a number of problems that I basically have no hope of anyone else fixing. I may be crazy, but I have decided to power up during this continued period of low accumulation to increase my 'influence'.

Of course, we are going to need millions of HIVE to make a difference around here. Which is why I am glad that I'm not alone.

For starters, @ecoinstats SYNERGY FUND is powering up, and has over 12k hive power now. @brofund is over 33k HP and powering up. @archon-mining has over 7k. I am happy to report that the dcity rewards pool is nearing 200k hive again! Most of this hive is powered up and used to curate around the platform.

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This is honestly a huge risk for me. I think about it all the time, still waist deep in POS DPoS unfixed governance model with 30 votes for 20 witnesses. 🤦‍♀️

There is a really good case for HIVE to continue to float lower, including vast outstanding supply and a surprisingly low understanding for what makes this technology good, especially among top 'team' members. A huge risk for me that I must admit, is the idea to completely remove the reward pool, and idiotic idea along the lines of the EIP - 'well, since we were wrong about that, how about no body earns anything anymore?'

But its a risk I can take, HIVE is still a place where builders can build, transactions are free and very fast. New layers are under construction, and after 3 years I am very familiar with most of the builders, and them with me.

This post is a reminder to me, and perhaps to you, to take profit while prices go up, and think critically about where your value is stored. The next year or ten is set to be a very interesting time - I'm not waiting for anyone to 'pump my bags', I'm buidling.

FREEDOM AND FRIENDSHIP!



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17 comments
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Cool! Keep it up!
I'm powering down a little to diversify around the Hive-Universe. I will buy some LEO, lend a good fellow some Hive for a Columbian Deal ;) and will grow my city. Also will want to look into other assets in here, like you mentioned Bro and Anchor. As far I can remember, was from beginning involved with the Bro world, especially on poker. I might have lost touch lately, but this does not mean that I'm not here anymore!

Hive, in my humble opinion, needs leaders, leaders that have their own great projects that use hive (and not for funding). There are a number of problems that I basically have no hope of anyone else fixing. I may be crazy, but I have decided to power up during this continued period of low accumulation to increase my 'influence'.

Decentralized leadership is kind of hard to achieve. I think we need the leaders in the communities to develop them. Hive will move slowly towards as a big blue whale, where the communities will be the Orcas with speed and agility, hunting the next big issue.

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Hive, in my humble opinion, needs leaders, leaders that have their own great projects that use hive

I hope some day we will see Amazon , Google will build on hive. At least I can clearly see there is a perfect use case - build their review system on hive and reward them. Right now , there is zero incentive to write a review on this platforms.

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That is a great use case!

Many don't know but data stored on hive can also be pulled into a proprietary site.

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i am do the little power down for a get diversifi too, but is only a little always from me come here mi history doing power up to grown up my acount
well fantastic news hive to the moon sr.

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To diversify is very important, I wish you the most success on your journey!

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(Edited)

Congrats on believing in Hive and running the Man Cave.

I've recently stepped up to a leadership position on Hive by running a witness node with plans to expand.

I'm also using Hive for a my great project of suing Facebook & Google for billions of dollars and transferring this value to great crypto projects like Hive and its DApps.

See more details of status here: https://peakd.com/cryptoclassaction/@apshamilton/update-on-the-crypto-class-action-20-nov-2020-hearing

One of the ways to support leaders is to vote for them as witnesses.

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You'll get my vote now. I am part of the @lootkit.witness team, if you have a vote to spare, I don't talk about it as much as I should.

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I kinda gave up on steem only to make a lot more here and get noticed

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I think it's a very good move, ANYONE in ANY tribe should support Hive, I'm really sick of hearing Hive bashing, all tribes are getting a free ride on Hive, quite literally!

And I can't see it going much lower than it is now, honestly, it's a good time to buy, I'm in that kind of mood myself.

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You were just at 40K... 7K more already!
Orca will be just a quick stop on the way to WHALE!

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The first 40 were relatively easy to claw back! now its getting a lot tougher! I have a few more ideas I'm working on though.... 😜

Congratulations on Launching Thunkgaria.World!!!

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We did lose something during the split but the majority of the community is still here. There are lots of new projects and this is the time to survive and regroup. Over time if we keep developing, new people will turn up and build projects here. Your right about accumulation stages because the community is small at the moment and that will not have enough buy pressure to raise the price.

It will come over time as we keep expanding and keep adding layers and use case to hive. Until then i will be stacking for that future.

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