WHY ARE ARCHONM MINERS SO EXPENSIVE???? 😭😭😭 WHY DID OTHER PEOPLE BUY THEM CHEAPER THAN ME???

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I am still so excited about the ARCHON multi-chain layerware project, I actively shill it when I have time. This is a new type of tribe, SUPPORT through AUTOMATION tribe, and things are going really good. Here is a primer on how the tribe works and here is our current service offerings post. If anyone is tempted to ask for more links, these are the ones you are going to get.


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When ARCHON first came out, and the first round of miners was sold for 20 hive, almost no one bought them. I am generally very suspicious of the miner model, and at first only bought into the ARCHON presale. As I realized more the potential of the ARCHON tribe, I came to decide that 20 was very cheap for the miners. That they should be worth closer to 100. Today the market agrees with my analysis of 6 months ago. ARCHONM miners were officially sold up to 40 hive in price, and I bought them all the way up, even buying from other tribe members, eager to take 2-4 x 1 gains from 20.

The first detail of these miners that makes me think they should be worth much more, is that there are only 1000. Never more. In fact, somebody burned 0.999 of them to null, perhaps to make an odd number.


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There won't be any more, there can't be any more, we can never and will never make any more of these.

Also its interesting point that the hybrid mining of some fixed archon and some random archon makes even 1 miner pay out daily. The random hive rewards are a very special point, as these rewards can grow, and have grown from 0.025 to over 0.06 hive, a nice doubling that is perhaps not considered by all observers. The HIVE portion of the mining rewards is much easier to grow, and doesn't require any increase in the ARCHON inflation.

The main calculation I do to measure 'tribe values' is market cap vs asset backed value. Most tribes have nearly ZERO asset backed value, and very high market caps as a result of there HUGE token supplies. ARCHON has a very small token supply and a moderate and growing asset backed value.

YES but, now that ARCHONM are at 100, its too late for me.

As I shill and sell the ARCHON services, an expanding slate of automation that can be activated with by staking ARCHON or by holding ARCHONM miner tokens, so many people have said the same to me. I would have bought at 20, but now its too high. And that's a fine analysis. I just don't agree with it.

First, you didn't buy at 20. Many people told us that 20 was too high. It took a visionary to buy those tokens at 20. But more people will get the vision.

Additionally, the market cap of the tribe is STILL INCREDIBLY SMALL! I wouldn't be suprised if we hit 1 million hive (7x) market cap next year, with all the cool services we have in the pipe, maybe even more. Depending how that filters through to ARCHON and ARCHONM, a miner price of 500 hive would not surprise me. THERE IS A LOT OF ROOM TO RUN.

In the end, complainers gonna complain, fomo-ers gonna fomo, and only those that want to buy will be buyers. This is how markets work. But I would encourage anyone that might want some ARCHONM to put in a buy order, remembering that markets work both ways, and there are surely some early investors eager to take some profits right now. Just not me. I will wait for the next leg up to sell a few more 😁


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Put in an order, you never know what might happen.

Freedom and Friendship!



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14 comments
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no idea why they are so expensive. Pretty sure the ROI is more or less impossible at current prices :D

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That's interesting, I personally calculated them at about 2.5 years at 100 hive, very comparable with other tribes with lower asset backed values and higher market caps - tho marky has a slightly higher time frame, I'm not sure if he included the hive rewards.

Compare: https://peakd.com/hive-167922/@themarkymark/what-tribe-miner-has-the-best-roi

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And since you can sell them, ROI seems almost certain unless the tribe collapses.

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pixresteemer_incognito_angel_mini.png
Bang, I did it again... I just rehived your post!
Week 36 of my contest just started...you can now check the winners of the previous week!
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I bought 5 at 20 Hive. Lucky me :D

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You are on Fire!! πŸ‘¨β€πŸš’

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Alright your shilling may pay off eventually.. I'm not willing to HODL for 2.5 years.. but I'll buy some of the ARCHON.. at market price..

#SuccessfulShill

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Now go find some more huckleberries so I can flip those for a profit πŸ˜†πŸ‘βœŒπŸ”₯

Posted Using LeoFinance Beta

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Our next few releases should be enough to net you a quick profit! Time will tell :)

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I was lucky I was able to get 7 initially ranging in price from the 20-60 Hive price range. I still have 6 of them, I really wanted the next size power up bee badge so I sold one to make that happen, and I have no regrets about it at all. I did after all sell make some hive from the sell of it, in a very short time.

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One important thing about markets is the ability to buy and sell. I personally am not a fan of any community that would use shame against people selling their tokens. One of the best things about earning and mining tokens is selling them!

Very happy to have you in the tribe!

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Thank you, I really did not feel shamed by selling it, I wish I did not have to, but when one wants something they work scrape and even sometimes beg for it, and I wanted that badge. And we do after all buy and sell for a lot of reasons, and powering up 500 hive to me was a very good reason. I'll soon be at 8,000 HP and I am looking forward to that.

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Congratulations @ecoinstant! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You have been a buzzy bee and published a post every day of the week

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To support your work, I also upvoted your post!

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I agree if they project continues to grow across multiple chains and projects, 100 HIVE is cheap.

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I have 30 that I bought under $30 but I would happily buy a few more once I have enough Hive saved up. I have no doubt they will pay off in the end! And Archon! I see a really bright future there!

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