RE: Elephant On An Eggshell - How Money Creation Works
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Good old, banks, always having so much money to bounce back from any setbacks and things they do which cause uproar all around. Making all that money into more money and passing themselves off as a good bank.
I only trust them as long as I need them and it is so I can live and use it for what I need.
Cryptocurrency will be my money printer but if I ever got to making a lot of money, I would look to donating to charity once more, as I haven't had the money for that in a long time, since I last did it.
Hive printer is jamming right now, but the bottom is looking there before the rise.
Let's BrrrrrHive on!
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You'd think that a system that can create infinite nominal value that we all believe in would be able to throw some more at good causes, yet it all seems to be concentrated and people thinking they "earned" that wealth its so laughable how we humans can find a way to be entitled to anything even when the game is rigged.
I too only trust them with the fact that we're both holding knifes to each others throats lol, I am more bullish in BTC than I've ever been and buying Bitcoin every day has become the norm for me as well as earning crypto through HIVE :), I just keep stacking sats and try to deleverage myself more from the system
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Because the big, bad, corporate wolf likes money too much to give out freely. They make so much money for the higher ups and they just live their rich lives.
Yes HIVE earnings are always good, as with other things tied to it, like LEO.
Keep stacking and keep moving forward to being more sustainable off cryptocurrency!
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Absolutely and then they still have the arse about them to think their frivolous spending is "job creation" oh how we need to bow down to their altruistic nature lol its such a joke
You too man, we need more bullish middle class in these spaces, people willing to hold stake regardless of the prices, the way I see it is I may be catching a falling knife short term but long term something pegged to BTC tends to do well over time. I don't need 9 million percent returns over 10 years like BTC has done, I could do with a fraction of that in 10 years and be happy as a clam
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For me, it is currently dCity which is my small money maker. But if I can keep growing it, also chucking some more into LEO so my votes are bigger, those 2 will continue to be good to me.
I don't have the investments in other crypto right now, because of investing into dCity haha.
But we just got to keep going at what we have so it grows well.
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I do play Splinterlands but thats about it, just stacking all tokens I can get and investing in various staking coins and buying BTC every day in small amounts, is slow boring but its steady and who knows where it will lead with fiat losing so much value all the time, i feel each month crypto becomes a safer bet
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What do you think the Hive bottom point will be? 10 cents?
It is looking likely, would be probably where lots of orders are kept at for buying, plus lots of other big whales would be waiting for the bottom to buy bulk again and becoming bigger whales.
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Lol lets not forget the minnows, dolphins and orcas who see this as a growth opportunity, It also makes earning HIVE so much easier too. I've never been one to fixate on the price I think HIVE and HE tokens are great to learn to trade with since there are so many sellers at any price, they don't care so you can easily get orders filled for small amounts since many smaller accounts treat it like a faucet
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Oh it's a great opportunity to grow for people of all sorts.
Helpful if you don't have lots of money but can make some on HIVE and HE to make life easier overall.
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Exactly and even if you have a little money lets say you put in $20 in HIVE right now so you get just short of 200 HIVE right, for every HIVE you earn posting and curating you now result in reducing the cost you paid so you now have 220 HIVE for your $20 spend so you can reduce your investment risk over time
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I was actually talking to @nickyhavey about this and we said around 10 cents or 800 Sats, but nothing will surprise me. I mean bigger accounts aren't stupid they're not going to sell, so either its someone who wants to suppress the price or its a whole bunch of small investors who are willing to sell at any price or a combination of it.
Who knows? I think if it dips below or gets to 10 cents I'd like to put in a big buy order, I've already set a few on binance so we'll see if they get filled
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Yeah, I've been having my orders filled that I never thought would be - prices are now around 850 sats which is 8.8p so I've just been loading up on HIVE the last couple of days. It could well go below 800 sats and further at this rate but, unless the price really tanks and goes down to 1 cent (unlikely) then chances are, you will make it back from HIVE earnings from posting and curating anyway.
It's a great time to bolster HP, put it to work with some long term leases or distributing by voting on content/curation rewards or Hive-Engine tokens, whatever really!