It looks like, due to Hive's price, my balance of HSBI rewards has been running a little bit low recently. Indeed, I've also been posting more frequently lately, hence I've run through this balance rather quickly.
It appears that even @hive-140084's HSBI balance is also starting to decrease, and it has the highest HSBI balance of all accounts on Hive!
This is an expected effect, as the balance noted above is in dollars; thus, when Hive's price increases, each HSBI unit becomes more expensive. It takes more HSBI units to get the same % vote from all the HSBI accounts. The reward is higher in dollar amount, but approximately equivalent in $HIVE amount, if that makes sense.
Thus, I'm going to have to come up with some ways to increase my HSBI. I've already been thinking about opening a community (to be moderated and run by some people I know) for which I can create an account and fund it with some HSBI units, thus increasing both my HSBI and the new account's HSBI. I've also considered creating a contest on the FC community, specific to my interests, that I can run on a schedule that I can follow.
I might end up going through with both of these. The community would require some building, especially initially, but I should be able to easily let go of it, as it's not as structurally complex as what I had planned for FC. The contest is also easy to uphold as long as I establish rules that make it easy for me to access submissions on my own time.
Nothing official here in this post, but I think I'll get those ideas rolling sooner than later.
One other thing... changing my post rewards to 50% HBD and 50% HP. That way I can convert the HBD to HIVE and use that for more HSBI rewards. This will be simpler than sending these into Hive Engine and dealing with 2nd layer stuff, which I'm gradually trying to reduce for the sake of quality of life.
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@geneeverett, I got a tip from @thebighigg that you wanted to sell off ~3400 HSBI for ~1600 HIVE. Is that correct? I'm interested in the offer, but want to work out the logistics, since I'd like to apply it to more than one account.
Hey bud. It’s actually 3350 exactly available. Two units per hive is the cost when we buy (one goes to other as gift) so 1600 would buy 3200, to move them cause I need the funds I will give away the 150 left. That’s 5% bonus 👍
How many accounts? Like 2 or 3?
Wanna start with 1050 for 500 Hive? (5% bonus free) I just got the command to use. Doing a smaller amount first is probably smart regardless. Just hoping it’s not like 30 accounts 😂
I just doubled checked. It’s 3347 I have total. On second thought let’s keep the 150 free but change it to 3300 total so you pay fair value for 3150 and get the 150 as a bonus. That would be 1575 Hive for the 3300 units.
That works! I should have the funds liquid this week.
Now, I'd want to transfer a portion of these for myself and a portion to a new account that I'll be opening (I'll determine the amounts soon). Either that, or I'd take the entire 3300 and sponsor the new account, if possible. @josephsavage, any idea how would we work this out?
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I didn't realize that you had been setting your post rewards to "100% Power Up" all this time. I think changing it to 50%-50% is a good idea.
I myself have been using HSBI in my community, so I've been struggling with the recent surge in HIVE prices. That said, since my community isn't as large as yours, I'm managing to get by for now...
Thanks as always!
I like to earn some HBD so that when Hive dips I feel like its "dry powder".
An even bigger challenge is that we've done this without powering down at all! I had no intention of powering down to continue funding the HSBI, as I'm delegating to get some useful 2nd layer benefits which help out the accounts' growth.
I can relate!
Indeed, you've been at the top for a long time - and still haven't maxed out the rewards! Quite an amazing and powerful setup by @josephsavage.
Welcome to our club! , One thing you should know is that this gets better for us the wider the net goes. Not really long tail so much but more about girthy middle sized users. If we can get 10 new users with 5k units, max vote rises.
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[@PowerPaul:]
Hey buddy. The @CryptoCompany Voting Service and its trail were here!
Thank you for your support & Hive a great day!
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I typically just send it several hundred of the NEOXAG token (700 is usually enough) to neoxiancityvb with the memo being a link to the post I want upvoted. Post must be less than 48 hours old and the voting power must be above 85% to qualify.
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Credit: marshmellowman
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