And here we gooooooo......
The bear market is here!
After a couple of amazing showings by Terra / Luna and more recently Celsius, the crypto markets took another massive hit over the past few days.
Seas of red!!!
It really does remind me of early 2018 when the industry basically self-imploded lol
And I don't mean to laugh, because honestly...Lots of people have been hurt by this recent crash. And as much as we seem to scream from the mountain tops..
'Not financial advice!'
'Things in crypto aren't guaranteed!'
'Never spend a dime that you cannot afford to lose!'
....We still see people lose their life savings because of some scheme or scam that sadly, seems to have a home here in the crypto space.
And oh boy, this is Christmas Eve for the Bitcoin maxis! They'll smile from ear to ear and let everyone know how everything is a s%tcoin*, and the only thing that matters is BTC. It's amazing how quick people will turn on each other when things aren't going to the moon...
The problem with the BTC Maxi mentality is, you can't do anything with bitcoin. You can look at it! You can make it a store of value. But it's 'value' will always go up and down, so other than crossing your fingers and waiting for the promise of 1 million dollar BTC...You can look at it!
Or in the case of Celsius, you can lend it to them, they'll pay you a percentage and you can get some returns for being a bank...Except of course when Celsius shuts down all withdrawals and says...Sorry, we're having issues!
And that brings me to what I did last night...
I had a few extra bucks in Coinbase, and while I'm not saying Coinbase is going the ways of Celsius, I thought to myself...The safest place for my crypto, where I can earn from it every day, have it secure and actually...Wait for it...USE IT...
Is right here on Hive.
Huh, will you look at that?
A cryptocurrency on a blockchain that lets you earn, lend, delegate, power up, send, use, flip, sell....That's 100% decentralized and has real world use case for pretty much everything I already do online anyways.
Fancy!
Oh no....
I might be one of 'them' after all!
After almost a decade of being in this crypto stuff, there is no better blockchain for my time, money and effort. In fact, I'll even argue, everything else sucks LOL
I hate Ethereum, as it's about as user friendly as smashing your toe with a hammer.
Bitcoin has too many 'maxis' and a community of know it alls. Plus don't remind them that you can't really do anything with it other than look at it...
I never go into any of the BSC stuff. Let's just say I have a bad taste in my mouth since Binance sided with 'the blockchain that shall remain nameless' when we split to Hive.
I'm not a prophet by any means, but something seemed off with Celsius about a half year ago to me...So I took all my BTC out of it.
Hive and it's layer 2 projects are everything I need in crypto. Maybe I'm not diversified. Maybe I'll miss out on some amazing opportunity down the road. But that's it for me...I'm not a 'trader' so that siully DeFi stuff isn't my interest. I like parking my HBD and watching it grow every single month. Boring I guess....
But there's a whole lot less drama here than what people cry about on Crypto Twitter these days!
I'm Hive and Hive only from now lol
Call me a Hive Maximalist if you want, I guess I'm a shill too...But I can guarantee you this. While the industry freaks out and tries to figure out if the end is coming, we'll be here on this blockchain. Creating things, engaging with others, building communities...
I mentioned this is a tweet earlier today...And it sums up this amazing blockchain to me in one quick sentence:
"We build, while you bear!"
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We build while you bear!
i think that truly is the definition of hive.
DeFi seems to nearly always be Degenerate Finance.
I'm only interested in stuff with Utility. Bitcoin is my savings, Lightning is a way to make micro to small payments and Hive is my home on the web.
I've pulled all my BTC out of anything that was promising crazy interest, it was nice while it lasted, but it was always temporary. I completely understand where HBD is coming from so I'm happy holding some of that.
Yield is temporary.
Hive & Bitcoin are permanent.
ha ha ha now thatās a quote. degenerate finance lolol thanks man. great comments!!
I will say I enjoy using BSC for allot of my DEFI and it works well for building because it is way cheaper than using ETH and much faster and more stable than Polygon. I try not to fall too much into the whole tribalism thing.
My main problem with putting too much money into the Hive Engine system, anymore than I already have, is the fact that it is EXTREMELY centralized and heavily supported by Aggroed. So if he ever decided to pull liquidity from the pools, things wouldn't be good at all. That's why I use BSC and platforms like Pancakeswap and Venus which have large amounts of decentralized liquidity.
I do still believe in Bitcoin as well, I just ignore the maxis. But the more and more things implode, the more and more of a Hive and Bitcoin maxi I become.
It's not perfect for sure, but they are working to make it much more decentralized. Plus there are more options coming through the pipeline.
Yeah I just dont do the trading stuff, so I stay clear from it. I'm a very boring crypto investor LOL
Ditto! I'm here for the long haul. As a content creator who will be creating content until my last day in this level of existence, I have a very long tail approach to things. So, I'm happy to be plugging away creating content and earning while building my amazing community of folks from around the world who I meet daily in a little place called Hive.
Sorry for barging in but we noticed that you have farm positions on BSC, allow us to invite you to try out our pool tracking app at defireturn.app, which provides a huge detail for each farm on BSC, hopefully you like it!
Posted Using LeoFinance Beta
I saw some news about Celsius and it certainly looks like there are issues. I am starting to think about moving out my crypto off the centralized exchanges and moving them to a place that is safer. The interest isn't worth the risk even if I want the crypto to work for me.
Posted Using LeoFinance Beta
ya man. itās scary. and no recourse if they do freeze it.
It is in bad times and under pressure that the true nature of people is known. There are many people against diversification but it is at these times when it is useful.
it makes us who we are. i know hive members have been through a lot. weāre built for this.
I am the same way. I am all in in Hive and not interested in other blockchains.
Maybe it is because you got me hooked from the beginning.
!CTP
LOL My bad man!
It's been worth it on our end, we wont even look elsewhere.
BTC and HIVE are the only genuinely decentralised blcokchains with real world use cases that are independent of crypto speculation.
I have to take issue with the idea that the only thing you can do with BTC is look at it.
I've been increasingly using it for real world payments to service providers.
for everyday people, itās very hard to use bitcoin. iām sure there are use cases but for mr. smith down the road, adoption is far away.
Maybe for Mr Smith but not for Mr Hernandez!
BTC adoption for real world usage is extensive and rapidly increasing, its just mainly in the 2nd and 3rd world (which will become the 1st world as a result).
Yeah i'm going more HIVE like you for similiar reasons. Yeah I have some of the 'big' coins but ... eek.
Just easier and in my opinion, safer.
I should be going with HIVE, but I find myself more attracted to Layer 2 Hive Engine tokens. I figured in the end, HIVE will benefit from those as well.
Posted Using LeoFinance Beta
Yeah layer 2 has huge upside for sure!
I think the good thing is that there's something for everyone here. I mean, EVERYONE. For me, it's straight up blogging and talking to people - i tried dabbling in tokens and in the end realised it was communication and creativity I loved, and the global village. But others are here for gaming, or whatever - that's why it's so awesome. I can't even really remember the last time I was on Hive Engine for any length of time!
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Thank you for sharing the great idea, I might as well take out those little I have in centralized exchanges and bring them to here.
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thatās what i did with my little bit on coinbase. just bought more hive lol
A great move :) I might do it too. Thanks!
Posted Using LeoFinance Beta
This is the first post I visit while using ListNerds. It came up with the PeakD domain, but I changed the domain to
leofinance.io
; I hope this doesn't affect anything for you or for me.As far as Bitcoin is concerned, most of us are misusing it. As with any money, Bitcoin is meant to be used, not hoarded like a stock. One day this will change, but for now, it will be treated like a stock for a long time.
From this point of view, DOGE is a better money than BTC. Regardless of what anyone thinks of Dogecoin, DOGE gets used like money: bought, sold, exchanged, and circulated as payment. That's all we can really expect from any cryptocurency, including HIVE.
As with DOGE, HIVE is a better money than BTC. and for the same reasons. Needless to say, HIVE is better than DOGE, but for other reasons!
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Oh no worries at all, whichever front end you prefer :)
Funny I just had this convo last night with someone about DOGE and I agree. It's actually got use case and is spent. Not hoarded lol
Very much so! šŖ
It's a good thing I moved most of my assets here, too).
!PIZZA
Came from Listnerds.
I just think it makes the most sense for me. I like to write and create. I dont really mess with defi. So it's a great home to build on.
Ćt's true! Hive Five! š¤š¤
Its sad to see Celsius do this, I liked them :c
I was torn between Celsius and Nexo over a year ago. I ended up with Nexo. But now have everything in Splinterlands and Hive projects lol
Ye, well. I liked the CEO more x)
So I stuck with Cel.
I only "lost" 1200 usd xD, so no biggy.
Its down to 500 though xS
Nice! I love that punchline at the end!
it sums us all up nicely :)
couldn't agree more!
Is right here on Hive.
It's been a bit of a realization process for me, but at the end of the day Hive seems to be currently one of the best projects out there.
Built through bear markets, hostile take overs and 'haters' lol
In my heart, I think I am a HIVE maxi. In my Hivepower it will take a long time before it will be visible. But I have no doubts that it is very contagious. That is why many people don't dare to come here, they are afraid of being caught by the HIVE virus. š
lol thereās got to be a pretty good reason why they continue to ignore truly decentralized web3 lol
Hive Maxis Right Now:
thatās pretty slick. iām more angel i hope lol
I think I'm turning into a Hive maxi. Which is not a bad thing at all!
!CTP
itās the best. and so much less stress lol
Coinbase is extremely shady. I never keep a cent there. I remember they locked my ethereum in past. I think big amount should always stay in your desktop wallet. I also feel that hive on that note is lot safer as we just need our own keys for control.
On the topic of the bloodbath, what do you think is the future of NEXO and Celsius?
i always liked nexo. i think they do a good job but at the end of the day, all these centralized platforms can always shut you down.
Even with Terra, I was looking through their Eco-System and couldn't find many uses or things getting built. Use cases and community are critical. I will happily stay on Hive!
none. itās like tron lol all bots that inflate āusersā.
Good content. I think a lot of people will be deer in the headlights and just watch the show from the side. I am tempted to get some SPS at this price. I do notice that most of the second layer tokens cost the same hive as it did last week/month. USD shows different but DEC for a card is the same or higher.
!PIZZA
ya iāve been staking all my sps right now. i used to sell some a few months ago. but now itās too cheap to sell.
We need more industries accepting Hive as a payment then we are golden i have no doubt we will get there.
Show people everday stuff they can spend their tokens on.
Basically we just need Hive Pay buttons everywhere š¤£
!ALIVE
!CTP
@jongolson! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @benthomaswwd. (15/20)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.
bro. you are putting in work on facebook. slowly people will come to see what we have here.
Absolutely just waiting for people to get what is going on i guess š
@jongolson
Loving Listnerds bro by the way just hit 12k, great job to you and the team
!ALIVE
!CTP
!PIZZA
!LOLZ
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The difference between bitcoin maxims and Hive maxims is that bitcoin maxims have only one point of argument, The store of value thing! Storing value is cool but with the volatility of cryptocurrency you'll always be on a roller coaster with your emotions, lol. INSTEAD of storing value why not put it to work and make something useful out of it?
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That's my thinking too. I can build here and see my stacks grow. I can use my stake for governance, investing, growth, heck even playing games lol
"We build while you bear" is a goddamit strong phrase, and I love it.
!1UP
iām going to live by it lol
When I look at my time, I would say that I spend 99.5% of in on hive, I do 95% of my transactions on hive and hive-engine. Why should I care about all the other stuff that I never use ? We are all hive maximalists :-)
Agreed!
And this eco system truly does, check off so many boxes!
1 Hive is always 1 Hiveļ¼ :)
yup yup!! so true. accumulate now.
No doubt Hive will always be here for us and we will always have Hive, it is our home, our safe place.
We build, while you bear! !PIZZA !PGM
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It really has become a home for so many amazing people here.
I am absolutely a Hive maximalist at this point in time. Sure I'll keep some fingers in other pots, but Hive ain't going anywhere... and neither am I! Thanks for sharing, Jon! !CTP !PIZZA
appreciated. thanks for stopping by!
Can you still be a HIVE maximalist and invest in centralised layer-2 tokens? ;)
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I hope it gets more decentralized. But it's like the price we pay right now for smart contracts on Hive....Slowly, I hope it'll get better lol
My favorite part about hive is that itās a full eco system.
Blockchain was started on the idea that the shadow banking system was failing usā¦ that there was an element of the economy that none of us could really participate in and yet it impacted us allā¦
Fast forward to today and it seems that most of the projects being built are built in a way that are a great place for whales - but not practical for minnows. They seemed to be designed to build a new crypto class in a way.
Hive is one of the only projects Iāve seen where whales and minnows alike can participate and see their own level of real world impact in their daily lives.
Every day I learn more about projects on hive that are set to change society and not just line crypto bros pockets. BTC is great, but itās already done and is doing the thing it was designed for and wonāt really do much elseā¦ but freedom of money is nothing without freedom of speechā¦
Hive helps us solve the rest of the need for digital freedom and no matter how bearish the market getsā¦ Iām super bullish on the future of Hive and what weāre all up to here.
!Pizza
!ctp
!hbits
Success! You mined .9 HBIT & the user you replied to received .1 HBIT on your behalf. mine | wallet | market | tools | discord | community | <>< daily
This....Is one of the most important things I've read about Hive ever. Because it hammers home the point of WHY we need Hive. It's for everyone, not just a select few.
I'm only using DEFI when it's on HIVE.
Posted Using LeoFinance Beta
You and me both!
I am a Hive maximalist for a simple, pathetic reason--I don't want to learn to deal with all the other chains. HIVE is easy for me, now that I have been here for years. It is always good to invest in what you understand rather than a black box somewhere. (Some dude I know uses the term "know, like and trust.") !HBIT !BBH
Success! You mined .9 HBIT & the user you replied to received .1 HBIT on your behalf. mine | wallet | market | tools | discord | community | <>< daily
Trust me lol There's no better place to call home in crypto lol
No fund for HBD now. Simply growing my HP and other second-layer tokens such as CENT, CTP, LEO, LISTNERDS, and SPT. So far, that's my crypto story in this bear market. I don't feel the storm that much. š
thatās the best thing about hive. we put in the effort. we get rewarded. nothing out of pocket needed.
I have to admit it, I'm a Hive Junkie!!!
LOL There is help for us, I think!
I'm not solely on Hive, but I do find it to be one of the safest places to be at the moment!
Posted Using LeoFinance Beta
Where else do you dip your feet?
Too many places! Haha
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itās the least confusing for me too lol
A few questions for you sir....
What's Crypto Twitter?
Apart from Binance which other centralized exchanges should I be aware of so I can tread carefully around them?
just crypto enthusiasts and builders that use twitter to talk about crypto. :)
i donāt really use anything other than crypto.com and coinbase. but itās for onboarding and withdraw to fiat.
I understand now. Thanks for explaining.
I'll check both of those recommendations out. Thank you.
I know I am probably bias, but Hive has more utility than all the others combined!
Also, love this:
That said, I feel for the people who get sucked into the instant gratification vortex of bad financial decision making doom. There's a lot of angst out there, just like the last time winter came, and unfortunately probably just like the time after this one. Sigh.
Way to be awesome btw, hope all is progressing with the other project, AKA Homestead a la Jongo!
!CTP
!PIZZA
ha ha ha slowly. weāre in the process of getting the septic system updated. but wow. what a learning curve lol
Based on what I've seen you do around these parts, I think you will be crushing that curve!
But boy are you right, after two decades I am still learning things everyday lol!
You bring up a good point. With all of these larger chains having some issues, it might be smart to move some of my money out of Coinbase. I have some monthly buys happening there, but I could always move a portion of it out just to be safe.
thatās what i was doing. but figured it was best to just sit it all here while the drama happens in the market lol
i think it could be a rallying cry for us. ignore the drama. just build.
I am right here with you, Jon! It didn't take much to convince me that Hive is the place I want to be. I am too spoiled now to bother with much else. The little experience I did have with Ethereum and their insane gas fees and how long it took to get my Torum moved to Hive using Ethereum. No way I ever want to do that again. EVER. I guess I can myself a Hive Maxi too.
!CTP
gas fees are cheap these days apparently. i wouldnāt know. i do t go near ethereum lol
I know, right?! One go round with it was enough for me. Over it! LOL Happy Midweek, Jon! š
!CTP
Thanks for information. I value your opinion and appreciate all advice. Thanks for sharing.
thanks for stopping by.
I have become a Hive maximalist since I started focusing on my Hive goals end of December and kept track of them closely. I can honestly say that sometimes I don't even check coingecko for a week as I truly don't care what the value of the rest is. Maybe I should but I have the feeling that I will not buy into other crypto until its even lower and hopefully close to the lowest point this time. The only thing I will consider buying earlier is Hive related.
So I think I'm a Hive maximalist as the other stuff currently can't warm me up one bit :) No shocking portfolios either, what a blessing! I can still remember checking coingecko every 30 mins and panic when things went south lol
!CTP
oh ya. it was an awful feeling. i was doing that in 2018. freaking out cause things were in the red lol
Being a hive maximalist is so much less stressful, focus on the building instead of the profit. Better use your time efficiently :)
I don't understand how this amazing blockchain is still, so far under the radar of most! It is remarkable!
Posted Using LeoFinance Beta
seriously one of lifeās greatest mysteries lol
What currency /steps did you use to move from coinbase to Hive?
Bitcoin lol
Ok so BTC and be sent from coinbase to Hive-engine and it comes in as Swap.BTC.
!PIZZA
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Watch out for the human traffickers here. You wont know it until its too late. STAY AWAY! Beware, traffickers can be women or men! They will act nice until they dont. There is human trafficking going on around this type of crypto. I have witnessed it. They literally have attempted my murder and are trying to kill me with V2K and RNM. Five years this has been happening to me, it started here, around people that are still here. Homeland security has done nothing at all, they are not here to protect us. Dont we pay them to stop shit like this? The NSA, CIA, FBI, Police and our Government has done nothing. Just like they did with the Havana Syndrome, nothing. Patriot Act my ass. The American government is completely incompetent. The NSA should be taken over by the military and contained Immediately for investigation. I bet we can get to the sources of V2K and RNM then. https://ecency.com/fyrstikken/@fairandbalanced/i-am-the-only-motherfucker-on-the-internet-pointing-to-a-direct-source-for-voice-to-skull-electronic-terrorism ..... https://ecency.com/gangstalking/@acousticpulses/electronic-terrorism-and-gaslighting--if-you-downvote-this-post-you-are-part-of-the-problem if you run into one of them you may want to immediately shoot them in the face. 187, annihilate, asphyxiate, assassinate, behead, bleed, bludgeon, boil, bomb, bone, burn, bury, butcher, cap, casket, choke, chop, club, crucify, crush, curb, decapitate, decimate, deflesh, demolish, destroy, devein, disembowel, dismember, drown, electrocute, eliminate, end, euthanize, eviscerate, execute, explode, exterminate, extinguish, finish, fry, grind, guillotine, gut, hack, hang, hit, ice, implode, incinerate, kill, liquidate, lynch, massacre, maul, microwave, mutilate, neutralize, obliterate, off, pop, poison, punnish, quarter, ruin, shank, shock, shoot, shred, skin, slay, slaughter, smoke, smother, snipe, snuff, squish, stab, strangle, stone, suffocate, suicide, SWAT, swing, terminate, torture, terrorize, whack, waste, wreck. You better fucking kill me.
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Check out the last post from @hivebuzz:
I really love hive because it pass the responsibility of managing transaction on the user. So if you want more transaction, you need to have more hive to support your higher volume of transaction.
Anyway, I have been accumulating hive along the way but there are also many projects in hive that is eating my hive away as well. lol. it is really not easy.
Nah, you're wrong. Bitcoin has a use case, especially for you. You can buy HIVE with it. :P
"....We still see people lose their life savings because of some scheme or scam that sadly, seems to have a home here in the crypto space."
Unfortunately these scammy people always find homes in every industry where money is to be made, including crypto. This will be until the end of times and those people will sell you a house with a view to watch the end of the world in the front row.
As for me, I got out with a pretty decent chunk of ROI and invest in myself and my chance to write and invest in Hive without having to watch every penny.
I may not be a Hive maxi, as I intend to invest in other coins as well in this bear market, but my focus surely has shifted towards Hive and all its assets and I am very bullish for this hidden (STILL??? How can this be?) gem.
You are an inspiration with your work ethic and your output. Thank you for being here Jongo and let's ride this bear with all we got, we will be far better off in a couple of years.
It's amazing how quick people will turn on each other when things aren't going to the moon... ā honestly the 360 degrees turn is always so sharp and swift . No condition they say is permanent. We can just help but keep our fingers Crossed right now. deepsigh