...that's the precise number of days from January 10th 2018 until today.
And just like the vast majority of users around here, I started my Steem Hive journey with 15 delegated STEEM HIVE tokens from the company that still try to justify the theft of 23 million STEEM tokens from 65 accounts and turned into a shithole a really promising project...
It's got to be 3 HIVE nowadays...I think.
The stage was set for a celebration post. I claimed all my unclaimed rewards for the day, took a close look at my HP, realized that I was only 7 HP short from reaching 100K HP...and let infation do the rest...
WTF are you even talking about @mindtrap? What does inflation have to do with this?
Oh...didn't you know? If you take a look at your wallet on hive.blog you'll notice that the current annual rate is 3.36% which means that a 100K HP account will earn ~ 3360 extra HIVE in a year's time. Which is something less than 10 HIVE per day.
You could read some of @edicted's posts about inflation. You might learn a thing or two...
That's right...
100K HP accounts earn ~ 10 HIVE per day or 300 per month.
200K HP accounts earn ~ 20 HIVE per day or 600 per month.
And @blocktrades which is a massive account, is earning ~ 700 HIVE per day.
19 hours later...inflation did its job...
Locking up your stake for 13 weeks is a huge commitment. Especially in a world where everything can change in a blink of an eye.
I knew it from the very first moment when I started investing in HIVE. That's exactly the reason why I took the risk and kept powering up my account.
Because I treat Hive with respect and I don't want to extract value from it but to bring value to it. I don't care about HIVE trading nor I plan to power down my account to cover some of my needs.
Does that mean that everything is perfect? Nope. Not even close...For instance this 13 week lock up is a barrier and I hope that witnesses will realize that we should reduce it a lot to make Hive even more attractive.
The potentials around here are endless...therefore I have a long term plan...
Nah...not with Hive. Hive is unique.
Don't get me wrong. I DO trade. I do have financial issues just like most of you. I just use other coins for that and thankfully I have a really good streak of successful trades lately hat allow me to further invest in HIVE.
Just try to imagine HIVE hitting 1$ or 3$...sounds like science fiction story eh? REALLY?
Do you even pay attention to the progress being made lately?
In case you missed it, thanks to @fbslo as of now Hive is live on Ethereum blockchain. A brand new world...so think again.
Wrapped Hive (WHIVE) is ERC20 token on Ethereum blockchain. It's backed by "real" HIVE and can be converted ("unwrapped") at any time.
It allows HIVE to be traded on Decentralized exchanges (DEXes) on Ethereum and be used with DeFi platforms.
You don't have to make large buys to grow your account. Small chunks here and there and your account will grow in no time...
If you need a motive...check Marky's weekly post. Almost everyone can spend 10$ and buy some liquid HIVE from an exchange...
Imagine if hundreds of us did it on weekly basis...
Win - win situation. For you and your account but also for HIVE's price.
I'll be tipping 1 HIVE per 200 HP power up to everyone who provides a screenshot with their HIVE purchase and power up from this very moment till this post pays out.
Have a good one people and stay safe.
image
Cheers!
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yes, I'm committed as well! From a financial perspective Hive is a pretty good investment. On top of the ~3% inflation one can get 15-20% Curation/Author rewards as well. How is that not a big deal?! And that doesn't even factor in the community and the great use cases that are currently being built...
That!
A great post and congratulations on your achievement. I was here a bit before you, August 2017, and I can tell you that 100K was the farthest thing from my mind. Yet I managed to reach that goal.
There is so much going on that Hive is going to make noise on a big scale. Yes there are still issues but we are heading in the right direction. wHIVE is just one brick in the foundation being laid.
We have the hard fork in a few weeks, and then it is onto the discussion about the next fork. The stepping stones are before us.
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Thanks for your kind words mate. I couldn't even imagine that there would be a day I would write a post about such a milestone.
Yet here I am...just like you and so many others who are giving their best to make this place even better, each with their own unique set of skills.
I am pretty sure that those who kill their HIVE rewards for pennies will regret it big time in the not so distant future...
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It all adds up. I am banking on exponential growth of Hive at some point which will be reflected in the price of the token. When and where that will come from, I have no idea.
That said, the bags people are holding could truly be life changing money.
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I only recently discovered hive (through splinterlands) and on the weekend, I decided to invest more to increase my HP.
I am now just under 300 HP. My first goal was 100 HP and now I am grinding to 1000 HP.
That's the right mentality brother. One step at a time and you'll reach every goal you set.
Thank you for the encouragement!
For the Twitterland
Congrats with another one of your milestones mate.
Thought you reached it already a month or 2 ago, but apparently I was wrong.
Anyway, the gap between us becomes smaller and smaller. Good job.
Thanks buddy.
Meh...I don't care about the gap. Reading your posts and enjoying your positive vibes is more than enough for me. We need more people like you tbh.
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This is a great adventure and one proof that if you put your mind and work for it you can reach it high.
I'm powering everything I have with the exceptions of some investments I did in some hive games (last one was on DCity), but just love to power up and have a target for this year end of 10,000 Hive Power. And one such gesture made while I am replying to this.
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You'll get there sooner than you might think mate. Persistence is the key...
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Savage. I touched 50k recently which was a goal of mine.
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Ha! In a few years time 50K HP holders will be the new whales...
New goals?
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wtf... 100k? Weren't you like small-potatoes last year?
Guess I'm slacking!
Hehehe...that's a perfect example of how fast small purchases add up.
Well to be honest I also made a few big ones but that's only because a couple of my crypto investments allowed me to sell high buy back low and make some serious profits so that I can also invest in HIVE.
Hey...step up your game. I know you are huge Hive believer.
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Looks like it would take me like $5000 to make it to those 6 digits.
I could easily do it if I exited Ethereum... been hearing some bad stuff lately.
I don't really know why I am holding ETH too tbh...Been waiting ETH 2.0 like forever...and tbh I think all the hype and speculation is already priced in...
Eventually you'll make the right choice. No one but you knows what's best for you right now...I just ave a hunch that you'll join me sooner than later
I've abandoned all but 3 projects (BTC, ETH, HIVE) because my new philosophy is to only hold the coins you actually use... However, my only use-case for ETH has been giving myself loans, gambling on the market, and overextending myself. Gambling isn't really a use case, I can do that on any network.
I also got into a long twitter thread with some guy who posted tons of information about ETH being a hugely premined scam... Also I've been hearing whispers of the nodes not even knowing the total supply of ETH. The more I think about it, the more I realize I have a lot of money sitting in a network I know nothing about.
One more reason to hold more Hive. You are an insider around here...you know how things work, the mechanics...almost everything. We're literally experts. In a couple of years newcomers on Hive won't have to go through what you and I have been through to learn all these shit. Things will be simpler Couple that with the fact that WHIVE in now live on ETH and you have all the answers.
Congrats man! Hive needs people like you who power up everything and believe inour blockchain! My goal is 10k before 2021.
I know it's not a huge investement but whatever, achieving a goal always feels good!
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Thanks a lot mate.
I wish I could be as active as you are man. It's doable. Keep doing your thing and you'll be there soon. My goal was to hit 50K before the end of this year....in case you need a motive ;)
Hahah! Thanks man! Who knows, maybe one of my altcoins will pump like crazy and I manage to sell high and buy some Hive like you did!
Congratulations on the 6th digit! You got it!
Now it will be easier to get in those Whales lines... :)
Whale status is a wild dream for the moment...but hey...you know what they say...dream big!
Thanks mate!
Hahaha. Is that...Ned the scammer? Looks kinda gay
Congratulations my man 👨
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Hey Thanks Nathan!
You've made the 6 digit club congrads!
Thanks bud. Feels like yesterday when I made my first post...yet it's 957 days ago.
I'm still a small fish, but bought another 4000 hive and powered up my account to 10K. I see the future and it's HIVE!
Good job mate!
That
Thanks
Congrats, @mindtrap.
I hope one day I can say / do the same, haha!
Oh I am pretty sure that you will:)
Congrats on the milestone! I've certainly still got a way to go before I hit 100K, but I'm just grinding away and like you, trying to bring value to HIVE.
That's the thing about this place. It's so much more than just a nothing buy/hold investment. The community and content aspects make it an entirely different beast with endless possibilities.
I love it.
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Now try to imagine how will this place look like...overcrowded
wow this is really awesome, congrats! :D i'm just starting here but doing my best <3
Thanks! May you have a great journey
Woah congrats! I didn't know you were anywhere close to hitting this milestone!
Hey, I didn't realize how close I was until recently
Congratulations, a great milestone to be at!
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Thanks a lot my friend
Congrats ci have been just trying to get to 10k and it has taken me forever. Steem was 90 cents when I first bought it though, so 10k to me was a hard to reach, yet reasonable goal. I'm not going to make it there on Steem. But I should get that much hive, and in the near future even.
Thanks my friend. You ll get there soon as long as you are persistent
Congratulations @mindtrap do you mind testing your 100% new achievement vote on this comment?? Haha lol
For some reasons I keep mentioning the name mindtrap last week for a whole day. I really am a fan of that name😅
Catchy name!
Awesome. Congratulations to this nice Milestone. I think in some years you look back to it as "what a live changing decision " :)
Btw you are right with the 13 weeks :)
Thank you! That's exactly the reason I keep powering up my account!
Congratulations @mindtrap for achieving such milestone! It took you a lot of time but I believe it's all worth it. I can only wish we're as good as you are. =)
Thanks so much for your kind words!
I am grinding to get there and hopefully
before 2021 I should be close if not there yet.
Congrats for your effort.
hat off!
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Thanks mate! You'll be there in no time. My goal for 2020 was to get to 50K yet I am sitting at 100K and it's still August!