Sometimes unfortunate things happen in life that just can't be avoided. For some reason back in 2020 @mrsbozz and I had a handful of them all thrown at us at once. In addition to being thrown in the middle of the Covid fiasco, we had this tree fall on our deck and we also had to have a good portion of our driveway dug up due to a leak.
This was just about half a year past our basement flooding back in October of 2019. These days, it's quite easy for people to want to blame someone or something for all the bad stuff that happens to them. The reality is, sometimes bad stuff just happens and no matter how much you want it to be, it's nobody's fault.
It is time again for another Finance Friday/Friday Finance. This is a series I started where I talk about random bits of financial stuff that I have seen, gathered, or experienced during the week. I hope as a reader you find it informational, entertaining, or both. I also hope it can generate some good discussion and edify the community.
Disappointment works the same way sometimes. You can plan and consider pretty much every variable to a situation, but sometimes something happens that scrubs your plans. Disappointment can be debilitating if you choose to stay in that place. Trust me, I don't handle disappointment well, it's something I continue to work on. Thankfully, my wife is a saint and she still puts up with me!
With that in mind, I wanted to dedicate a portion of this #fridayfinance post to tokens that have turned out to be a huge disappointment for me.
I'd have to go all the way back to my early days in crypto when I was just learning the ropes. I was onboarded to that other chain that begat Hive by my wife's cousin. He was actually in the process of powering down his stake to move into a new blockchain called EOS. I figured he knew a bit more about this space than me (he still does), so I put what was a decent investment at the time into the EOS ERC-20 token before the mainnet went live.
Unfortunately, EOS turned out to be a bit of a loser. It's still around and people still do things with it, but thanks to a lot of mismanagement, it never really materialized into what we hoped it would be. The one good thing we got from EOS was the EOSIO software which several other blockchains are actively and successfully still using.
This is a pretty easy one for me. Travala is the crypto travel site that many of us thought was going to be the next big thing. I pumped a lot of my gains from the last bull market into Travala to hit that Platinum staking tier. Unfortunately, most of those tokens were purchased when Travala was sitting at all time highs.
I don't blame anyone but myself for that one, but it still stings. Travala is still around and people may still use it, but from what I have see the cost to book flights and hotels is about 20% more than you would pay on another site. Thus negating the discount benefit you get from the staked tokens.
Additionally, things have seemed to stagnate with Travala and I don't know if it will ever be able to recover to the hype that it once had. I was really excited about eventually one day traveling the world with my crypto, but that doesn't feel like an option anymore. At least not via Travala.
I still post in the Sports Talk Social community here on Hive, but it's pretty sad to see how far that community has fallen over the past several years. I'm not going to point fingers, but while I hold enough tokens to probably be considered a whale in the community, all those tokens are worth no more than $200 last time I checked.
In case you haven't noticed, sports is a pretty big deal. It's one of those things that bring people together from all walks of life. There is zero reason that a sports community on a platform like Hive should be floundering along. People have tried to revived the existing community, others have talked about starting a new separate community. I don't have an answer. All I know is it is extremely disappointing.
Clearly I would love for my tokens to be worth something again one day, but if the best course forward is to start from scratch with a new community, I full support that as well.
Let me reiterate:
Sadly, with all of the recent changes to Splinterlands, it kind of feels like that might make it to my list of disappointments soon too. I know a lot of other people feel the same way. It's sad, because I was an early kick starter investor in Splinterlands.
I really hope they can turn things around and we can see this game that has become an investment for many people actually viable again.
Finally, I wanted to leave you with some news on my silver portfolio. Some time ago I bought some stock in a company called Fortuna Silver Mines (FSM). I bought it relatively low and watched as it jumped to small high of $11 or something like that. I recovered my initial investment and I have just been holding since then.
Right now it is trading around $4.92 per share. A short time ago when we saw the price of silver spike a little bit it jumped back up to $6.26 per share. I have a feeling there is still room to move with FSM. I look forward to seeing how high it can go should the price of silver start trending up again.
I hope you have an awesome weekend. Try to pry your eyes away from the charts and get some sun!
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FAKE HIVE POLICE
HIVE IS DEAD
HIVE IS ONE BIG FARM
!LOL !WEED !MEME !GIF
https://hive.blog/hive-104387/@bpcvoter3/se19g2
Downvoted BY HIVE FARMERS
6 days ago in #life by slobberchops (81)$0.00
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[-]bpcvoter2 (-5)(1) 4 days ago ยท Will be hidden due to low rating
NO DOWNVOTES FOR MARKY MARK'S SELF VOTING !WEED
https://hive.blog/life/@slobberchops/re-gogreenbuddy-sdr1wb
https://www.publish0x.com/the-dark-side-of-hive
https://www.reddit.com/r/stoptheabuseonhive/
https://peakd.com/hive-164833/@bilpcoinbpc/you-have-all-witnessed-this-account-being-downvoted-to-a-negative-reputation-for-no-reason
SHAME ON YOU ALL SAD PEOPLE WHO SCAM LIE AND FARM HIVE AND HIVERS
[-]acidyo (82) 3 months ago
Haha at "I shouldn't make commercial" :D Maybe something to worry about when you have more youtube subscribers! Quite interesting content though, these things should get more subs on there and here.
$4.28
1 vote
Reply
[-]gogreenbuddy (67) 3 months ago
Yeah thought that was funny too
$4.54
4 votes
gogreenbuddy: $4.47
acidyo: $0.06
holbein81: $0.01
koleso: -$0.00
https://hive.blog/life/@gogreenbuddy/i-had-to-give-up-on-my-gabion-fencing-too-much-work
@themarkymark @buildawhale @upmyvote @ipromote @gogreenbuddy @usainvote @punkteam @makerhacks @apeminingclub @leovoter @blockheadgamds @rollingbones farm @cwow2 @solominer @steevc @adm @abit @theycallmedan @dalz @abh12345
HE MAKES CURATION REWARDS WITH ALL HIS ALT ACCOUNTS BURNING TOKENS LIKE THIS DOES NOT TAKE OLD TOKENS IT MINTS NEW ONES AND BURNS THEM
https://hive.blog/hive-167922/@bilpcoinbpc/the-power
https://www.bilpcoin.com/hive-167922/@bilpcoinbpc/the-power
https://www.bilpcoin.com/hive-167922/@bpcvoter1/response-4-to-themarkymark-marcus-buildawhale-usainvote-ipomote-leovoter-gogreenbuddy-and-over-100-of-his-alt-accounts
Credit: antisocialist
Earn Crypto for your Memes @ HiveMe.me!
Yes, EOS has been a massive disappointment. Definitely my biggest disappointment in crypto.
Its a shame about SportsTalk. I don't have any tokens but I do post in that community on the semi-regular. I totally agree, sports could do really well here on HIVE. Maybe we've just too many nerds on here :p
It has to be something. If you post on there you should at least have some tokens.
Was waiting for this one to do the promo![](https://images.hive.blog/768x0/https://images.ecency.com/DQma5Wudyv13dLwb6UHDGcny93zrPZJfesbaBSThHex67H5/image.png)
Congrats on the pussy ehh cat prize, So much sadness needs a bit of promotion I am familiar with all but not invested in any, btw I am lying I did not know that silver mines thingy but I do hold silver and thanks once more for the advice I will drop in the discord during my two weeks of not working a day job see if I can get in the habit,
It will benefit you down the road. After a nice delegation the support from the SGS vote is impressive.
FAKE HIVE POLICE
HIVE IS DEAD
HIVE IS ONE BIG FARM
!LOL !WEED !MEME !GIF
https://hive.blog/hive-104387/@bpcvoter3/se19g2
Downvoted BY HIVE FARMERS
6 days ago in #life by slobberchops (81)$0.00
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[-]bpcvoter2 (-5)(1) 4 days ago ยท Will be hidden due to low rating
NO DOWNVOTES FOR MARKY MARK'S SELF VOTING !WEED
https://hive.blog/life/@slobberchops/re-gogreenbuddy-sdr1wb
https://www.publish0x.com/the-dark-side-of-hive
https://www.reddit.com/r/stoptheabuseonhive/
https://peakd.com/hive-164833/@bilpcoinbpc/you-have-all-witnessed-this-account-being-downvoted-to-a-negative-reputation-for-no-reason
SHAME ON YOU ALL SAD PEOPLE WHO SCAM LIE AND FARM HIVE AND HIVERS
[-]acidyo (82) 3 months ago
Haha at "I shouldn't make commercial" :D Maybe something to worry about when you have more youtube subscribers! Quite interesting content though, these things should get more subs on there and here.
$4.28
1 vote
Reply
[-]gogreenbuddy (67) 3 months ago
Yeah thought that was funny too
$4.54
4 votes
gogreenbuddy: $4.47
acidyo: $0.06
holbein81: $0.01
koleso: -$0.00
https://hive.blog/life/@gogreenbuddy/i-had-to-give-up-on-my-gabion-fencing-too-much-work
@themarkymark @buildawhale @upmyvote @ipromote @gogreenbuddy @usainvote @punkteam @makerhacks @apeminingclub @leovoter @blockheadgamds @rollingbones farm @cwow2 @solominer @steevc @adm @abit @theycallmedan @dalz @abh12345
HE MAKES CURATION REWARDS WITH ALL HIS ALT ACCOUNTS BURNING TOKENS LIKE THIS DOES NOT TAKE OLD TOKENS IT MINTS NEW ONES AND BURNS THEM
https://hive.blog/hive-167922/@bilpcoinbpc/the-power
https://www.bilpcoin.com/hive-167922/@bilpcoinbpc/the-power
https://www.bilpcoin.com/hive-167922/@bpcvoter1/response-4-to-themarkymark-marcus-buildawhale-usainvote-ipomote-leovoter-gogreenbuddy-and-over-100-of-his-alt-accounts
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FAKE HIVE POLICE
HIVE IS DEAD
HIVE IS ONE BIG FARM
!LOL !WEED !MEME !GIF
https://hive.blog/hive-104387/@bpcvoter3/se19g2
Downvoted BY HIVE FARMERS
6 days ago in #life by slobberchops (81)$0.00
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[-]bpcvoter2 (-5)(1) 4 days ago ยท Will be hidden due to low rating
NO DOWNVOTES FOR MARKY MARK'S SELF VOTING !WEED
https://hive.blog/life/@slobberchops/re-gogreenbuddy-sdr1wb
https://www.publish0x.com/the-dark-side-of-hive
https://www.reddit.com/r/stoptheabuseonhive/
https://peakd.com/hive-164833/@bilpcoinbpc/you-have-all-witnessed-this-account-being-downvoted-to-a-negative-reputation-for-no-reason
SHAME ON YOU ALL SAD PEOPLE WHO SCAM LIE AND FARM HIVE AND HIVERS
[-]acidyo (82) 3 months ago
Haha at "I shouldn't make commercial" :D Maybe something to worry about when you have more youtube subscribers! Quite interesting content though, these things should get more subs on there and here.
$4.28
1 vote
Reply
[-]gogreenbuddy (67) 3 months ago
Yeah thought that was funny too
$4.54
4 votes
gogreenbuddy: $4.47
acidyo: $0.06
holbein81: $0.01
koleso: -$0.00
https://hive.blog/life/@gogreenbuddy/i-had-to-give-up-on-my-gabion-fencing-too-much-work
@themarkymark @buildawhale @upmyvote @ipromote @gogreenbuddy @usainvote @punkteam @makerhacks @apeminingclub @leovoter @blockheadgamds @rollingbones farm @cwow2 @solominer @steevc @adm @abit @theycallmedan @dalz @abh12345
HE MAKES CURATION REWARDS WITH ALL HIS ALT ACCOUNTS BURNING TOKENS LIKE THIS DOES NOT TAKE OLD TOKENS IT MINTS NEW ONES AND BURNS THEM
https://hive.blog/hive-167922/@bilpcoinbpc/the-power
https://www.bilpcoin.com/hive-167922/@bilpcoinbpc/the-power
https://www.bilpcoin.com/hive-167922/@bpcvoter1/response-4-to-themarkymark-marcus-buildawhale-usainvote-ipomote-leovoter-gogreenbuddy-and-over-100-of-his-alt-accounts
Credit: amigoponc
Earn Crypto for your Memes @ HiveMe.me!
I'm sorry to hear about those misses. Investing in alts is such a gamble. You can do all the due diligence in the world and sometimes it still just boils down to luck. I was pretty heavily invested in EOS too and was surprised that it floundered given all the hype and capital that was raised ($4.2B in ETH). I just can't understand how so much of that disappeared.
Yeah, BlockOne really screwed us over on that one. I hope some of my alts do a little better this time.
Disappointment comes our way eventually, as long as I know, no one wants to be disappointed, for me, I do not want it in any way, because it's something that make us feel so bad, yet, it so nice to look into it, I like this initiative that centers on disappointments to correct our future activities.
Thanks.
You are welcome @bozz Happy weekend to you ๐ฅฐ
FAKE HIVE POLICE
HIVE IS DEAD
HIVE IS ONE BIG FARM
!LOL !WEED !MEME !GIF
https://hive.blog/hive-104387/@bpcvoter3/se19g2
Downvoted BY HIVE FARMERS
6 days ago in #life by slobberchops (81)$0.00
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[-]bpcvoter2 (-5)(1) 4 days ago ยท Will be hidden due to low rating
NO DOWNVOTES FOR MARKY MARK'S SELF VOTING !WEED
https://hive.blog/life/@slobberchops/re-gogreenbuddy-sdr1wb
https://www.publish0x.com/the-dark-side-of-hive
https://www.reddit.com/r/stoptheabuseonhive/
https://peakd.com/hive-164833/@bilpcoinbpc/you-have-all-witnessed-this-account-being-downvoted-to-a-negative-reputation-for-no-reason
SHAME ON YOU ALL SAD PEOPLE WHO SCAM LIE AND FARM HIVE AND HIVERS
[-]acidyo (82) 3 months ago
Haha at "I shouldn't make commercial" :D Maybe something to worry about when you have more youtube subscribers! Quite interesting content though, these things should get more subs on there and here.
$4.28
1 vote
Reply
[-]gogreenbuddy (67) 3 months ago
Yeah thought that was funny too
$4.54
4 votes
gogreenbuddy: $4.47
acidyo: $0.06
holbein81: $0.01
koleso: -$0.00
https://hive.blog/life/@gogreenbuddy/i-had-to-give-up-on-my-gabion-fencing-too-much-work
@themarkymark @buildawhale @upmyvote @ipromote @gogreenbuddy @usainvote @punkteam @makerhacks @apeminingclub @leovoter @blockheadgamds @rollingbones farm @cwow2 @solominer @steevc @adm @abit @theycallmedan @dalz @abh12345
HE MAKES CURATION REWARDS WITH ALL HIS ALT ACCOUNTS BURNING TOKENS LIKE THIS DOES NOT TAKE OLD TOKENS IT MINTS NEW ONES AND BURNS THEM
https://hive.blog/hive-167922/@bilpcoinbpc/the-power
https://www.bilpcoin.com/hive-167922/@bilpcoinbpc/the-power
https://www.bilpcoin.com/hive-167922/@bpcvoter1/response-4-to-themarkymark-marcus-buildawhale-usainvote-ipomote-leovoter-gogreenbuddy-and-over-100-of-his-alt-accounts
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FAKE HIVE POLICE
HIVE IS DEAD
HIVE IS ONE BIG FARM
!LOL !WEED !MEME !GIF
https://hive.blog/hive-104387/@bpcvoter3/se19g2
Downvoted BY HIVE FARMERS
6 days ago in #life by slobberchops (81)$0.00
Reply 3
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[-]bpcvoter2 (-5)(1) 4 days ago ยท Will be hidden due to low rating
NO DOWNVOTES FOR MARKY MARK'S SELF VOTING !WEED
https://hive.blog/life/@slobberchops/re-gogreenbuddy-sdr1wb
https://www.publish0x.com/the-dark-side-of-hive
https://www.reddit.com/r/stoptheabuseonhive/
https://peakd.com/hive-164833/@bilpcoinbpc/you-have-all-witnessed-this-account-being-downvoted-to-a-negative-reputation-for-no-reason
SHAME ON YOU ALL SAD PEOPLE WHO SCAM LIE AND FARM HIVE AND HIVERS
[-]acidyo (82) 3 months ago
Haha at "I shouldn't make commercial" :D Maybe something to worry about when you have more youtube subscribers! Quite interesting content though, these things should get more subs on there and here.
$4.28
1 vote
Reply
[-]gogreenbuddy (67) 3 months ago
Yeah thought that was funny too
$4.54
4 votes
gogreenbuddy: $4.47
acidyo: $0.06
holbein81: $0.01
koleso: -$0.00
https://hive.blog/life/@gogreenbuddy/i-had-to-give-up-on-my-gabion-fencing-too-much-work
@themarkymark @buildawhale @upmyvote @ipromote @gogreenbuddy @usainvote @punkteam @makerhacks @apeminingclub @leovoter @blockheadgamds @rollingbones farm @cwow2 @solominer @steevc @adm @abit @theycallmedan @dalz @abh12345
HE MAKES CURATION REWARDS WITH ALL HIS ALT ACCOUNTS BURNING TOKENS LIKE THIS DOES NOT TAKE OLD TOKENS IT MINTS NEW ONES AND BURNS THEM
https://hive.blog/hive-167922/@bilpcoinbpc/the-power
https://www.bilpcoin.com/hive-167922/@bilpcoinbpc/the-power
https://www.bilpcoin.com/hive-167922/@bpcvoter1/response-4-to-themarkymark-marcus-buildawhale-usainvote-ipomote-leovoter-gogreenbuddy-and-over-100-of-his-alt-accounts
Credit: rickonthemoun10
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Hello @bozz, good morning.
You have gone through strong disappointments, losing assets is sad but as long as there is life there is hope.
To achieve success in investments sometimes you learn in the loss.
Regarding what you mentioned about hive, I am also sad and disappointed but in my case I have nowhere else to go, hopefully the future will be better.
Good post, thanks for sharing your thoughts.
Hive is pretty great. People get a bit more down on it than it deserves sometimes.
It is important to recognise our disappointments and not think everything just runs along rosey in life. Sorry to hear about the Sports Community, it seems the whole L2 ecosystem has failed and not just the sports token. Congrats on your silver stock punt, I have taken a nibble of Semlar and they seem to be doing ok so far!
Yeah, if you just look at the price most of HIVE is a dismal picture right now.
At least the HBD peg wont break until hive reaches $0.07
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I'm surprised that the sports talk community hasn't taken off. Are there particular reasons do you think?
I've had a couple of disappointments on Hive, mainly things I should have steered well clear off (and was until a fatal error of judgement ... twice) and one thing it might have been wise to let play out ... the structural flaws became apparent pretty soon. COVID and the fork had a big impact - I'm not sure we've fully accounted for those.
Too many tokens were created. There was also a lot of abuse. Add to that the fact that most news feeds got taken over by actifit spam and I think it really turned people off.
shame about the actifit spam, I can see that would be a turn off.
I got super burnt by EOS. I got in way too late. Bought at over $10 a token. Thank god I got out at $3 a token and put my small remaining money into BNB. I made a killing on the small amount of BNB that I bought, which made me a total profit instead of a loss. I sold off the BNB last cycle.
The other two Iโve never heard of never mind bought. But Iโm pretty conservative on tokens.
Never did Splinterlands and never will.
I bought the majority of my EOS around the $8 mark. Still holding onto it and moving some of it into CHEX. We will see if that move puts me back in the green.
I hope you had some wins to compensate for those. I think sport/sports could be much bigger here. There's lots going on this summer with the Euro soccer and Olympics plus the yearly stuff like Wimbledon. I don't tend to get into sport online, but there must be big communities for it elsewhere. I do have some SPORTS tokens, but after years of running posts they do not amount to much.
Yeah, WAX was really good to me. I've been doing okay. The sports community is so infuriating!
Yeah I was pissed off myself over Sportstalk myself but it was all about ownership and the top dog was missing from the off so it was never going to go anywhere. It had so much going for it. I set up a football on hive community with a few others and we are having a good first year. Our discord is great craic when matches are played. However Hive itself is generally a ghost town these days. I can see it going back to 10 cents. No money coming in and too much money going out to people with less than 500 HP. The optics don't look good. That tap crypto I sent you has 30 million users in 2 weeks. They know how to sign people up. We need something like this. This is the new age now and we are being left behind.
There you go, just create a tapping game here. It has been a bit like a ghost town. I feel you there.
Maybe we should invest in a Tappy game than spending all our funds on a rally car community with 3 active users.
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I can relate to your disappointments. Hive token is a huge downer for me. My investments here are at a loss and Hive has dwindled like the projects you mentioned. It's a sad loss. Splinterlands, which is the last hope for Hive chain, is floundering too, so I've lost faith in Hive ever being successful. If a sports platform can't even gain traction, and a game can't keep its value, then it means Hive has failed. Like EOS, founded by the same person, Dan Larimer, it seems that the tokenomics are flawed.
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FAKE HIVE POLICE
HIVE IS DEAD
HIVE IS ONE BIG FARM
!LOL !WEED !MEME !GIF
https://hive.blog/hive-104387/@bpcvoter3/se19g2
Downvoted BY HIVE FARMERS
6 days ago in #life by slobberchops (81)$0.00
Reply 3
Sort: Trending
[-]bpcvoter2 (-5)(1) 4 days ago ยท Will be hidden due to low rating
NO DOWNVOTES FOR MARKY MARK'S SELF VOTING !WEED
https://hive.blog/life/@slobberchops/re-gogreenbuddy-sdr1wb
https://www.publish0x.com/the-dark-side-of-hive
https://www.reddit.com/r/stoptheabuseonhive/
https://peakd.com/hive-164833/@bilpcoinbpc/you-have-all-witnessed-this-account-being-downvoted-to-a-negative-reputation-for-no-reason
SHAME ON YOU ALL SAD PEOPLE WHO SCAM LIE AND FARM HIVE AND HIVERS
[-]acidyo (82) 3 months ago
Haha at "I shouldn't make commercial" :D Maybe something to worry about when you have more youtube subscribers! Quite interesting content though, these things should get more subs on there and here.
$4.28
1 vote
Reply
[-]gogreenbuddy (67) 3 months ago
Yeah thought that was funny too
$4.54
4 votes
gogreenbuddy: $4.47
acidyo: $0.06
holbein81: $0.01
koleso: -$0.00
https://hive.blog/life/@gogreenbuddy/i-had-to-give-up-on-my-gabion-fencing-too-much-work
@themarkymark @buildawhale @upmyvote @ipromote @gogreenbuddy @usainvote @punkteam @makerhacks @apeminingclub @leovoter @blockheadgamds @rollingbones farm @cwow2 @solominer @steevc @adm @abit @theycallmedan @dalz @abh12345
HE MAKES CURATION REWARDS WITH ALL HIS ALT ACCOUNTS BURNING TOKENS LIKE THIS DOES NOT TAKE OLD TOKENS IT MINTS NEW ONES AND BURNS THEM
https://hive.blog/hive-167922/@bilpcoinbpc/the-power
https://www.bilpcoin.com/hive-167922/@bilpcoinbpc/the-power
https://www.bilpcoin.com/hive-167922/@bpcvoter1/response-4-to-themarkymark-marcus-buildawhale-usainvote-ipomote-leovoter-gogreenbuddy-and-over-100-of-his-alt-accounts
Credit: bitandi
Earn Crypto for your Memes @ HiveMe.me!