DLease, Hive, and Steem

in #crypto5 years ago

I was most of the way through a massive post asking why on Earth the exchange rates between STEEM and HIVE make no sense; but really that was a tangent that led into my real point... I've been using these platforms mostly just to use the DLease system for each to get as much interest rates on my savings as possible.

... and right now, in the span of barely any time, it looks like all the requests on DLease have either been snapped up, or the people making those requests decided to withdraw or something (I doubt that's how it works, but okay).

Since on any given week, I only throw some extra investment into the one with the highest interest rate at that point in time; and otherwise exchange the returns for whichever you can get more of on the exchanges. Or at least, that would be the case if not for the recent question posed of if one can trust STEEM given they snapped a whole bunch of tokens out of existence (according to a message that popped up on Steam Peak before the recent fork).

Before I noticed that the Steem side of DLease doesn't have many offers right now either, I ended up thinking its still going to be hard to invest in HIVE when there's not many affordable good interest leases available... But then it turned out Steem didn't have many good deals either. So its kind of hard to go with either in this specific point in time; since I'd have to spend like... AU$200 to get enough of either currency for a good lease.

Oh yeah, that's the other thing... A lot of the ways of trading fiat for Crypto either require a readable ID (I don't), or not be socially awkward about P2P transactions (which I found I am), so I've ended up just taking the 50% loss on buying Splinterlands packs and trading for STEEM and HIVE... Though Hive Engine has basically zero buy offers worth taking for that.

I'm not sure I'm really going anywhere with this, I made my point that leases attract people not ordinarily into social media to these platforms at the start of this post... And now I'm just screaming at the clouds over the market for leases being fickle.

Hopefully there'll be more ready to grab when I'm able to grab a decent chunk of Hive or Steem at once... Hopefully Hive, since... Well... Who knows who's safe with the Steem token retcons.

... Actually, if the forking of Steem is what got rid of those tokens; would the OTHER fork still exist? Or is this another one of those difference between Soft Fork and Hard Fork I don't get yet?

Eh... Details; and now I'm rambling.

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