It's happening... What everyone was waiting for such a long time, it's happening! In these days/hours, Bitcoin is creating ATH (all-time highs) over and over again... We broke the old one, and we are creating new ones...
Okay, maybe that wasn't everyone's wish, but it will spill over to other tokens too... It happened in the past, it will (probably) happen again... What we have to respect is the Bitcoin "time", and this is exactly that time... Bitcoin dominance reached 60%, and the last time that it was there was in April 2021!!! That's a long time ago! Another reminder is that in those moments when BTC dominance was on its way down (from 73% to 60%), the ETH price was printing its ATH!
Why am I telling you all this? Well, firstly because I want you to check these statements by yourself... Look at those charts and see them yourself... I don't like to make price predictions, but I do like to observe (repeating) patterns, not just on charts, but in life too... If something happened in a similar way many times, and rarely did the opposite, what are the probabilities to repeat the same pattern?
I did many stupid things in my crypto journey... Buying shitcoins on their ATH, losing all when they went to 0 and never recovered, selling all my stash too soon, buying too early, etc. But, all those things were learning lessons... If they are only lessons, and we don't USE the KNOWLEDGE next time, they weren't LEARNING lessons at all! Oh, I remember so many subjects that I had in school and I wasn't interested in them at all, but I can't remember anything about them anymore!!
The same goes here... If we freak out when BTC dominance is at 60% and other tokens are slacking behind, what did we learn from the past? Nothing! That number is enough to understand the logic! 60% of crypto transactions involve BTC, only 40% involves ALL the rest of the altcoins... 40% for all 20K+ cryptos out there!!! How can we expect to see smallcap coins (including HIVE) soar if that percentage is so low?
We can't! We have to wait for "our time"... It is frustrating, I know... But the time passes much faster if you are not just waiting and looking at the charts... If you provide some value to the HIVE blockchain, engage with others, motivate them to push through, build connections, accumulate tokens while they are cheap, have fun... The time passes much faster!!!
Back to the WorkerBee Pool numbers for this week...
This week we have mined 101 BEE tokens in total... 5 less than last week... Good job!
We had more action than usual this week... We had another undelegation, and some old members added additional delegations to the pool! Thanks guys! Appreciate your support!
This week we mined 101 BEE tokens in total!!!
This POOL doesn't have fees and you get up to 20% MORE by delegating to it!
What about the bonus tokens?
You know that I have a few of my favorite tokens that I like to distribute to you guys, as a bonus reward... All of them are in my personal portfolio and I'm HODLing most of them... But, of course, my favorite among others is the LEN token, as along with @achim03, and other team members, we are working hard to bring value to it! I truly believe that all the work and effort in building Liotes is paying off already as you can't find many people selling out LENM (miner token) tokens on the market... People recognized value and those tokens are great passive income for them! Combined with the LEN:LENM diesel pool rewards, that's a nice combo for passive income!
There will be distributed 70 LEN tokens to the delegators of the pool as a bonus reward today!
As always, in the end, let's give the exact numbers for this week... 101 BEE tokens and 70 LEN tokens will be distributed as a bonus... The APR (without the bonus) was 8.644%, and when we added the bonus it went up to 10.419%!
I have calculated the ROI approximately with medium prices for all tokens at the moment of creating this post... So, those numbers are valid if you bought WB and sold BEE tokens at the middle HiveEngine price...
Do you want to sponsor the PH-Pool with your tokens, receive a short SPONSORED segment in this post, and raise awareness about your front-end or dApp? Please let me know in the comment section, or contact me through Discord or Twitter and we will find the best solution for both parties...
If you want to join the WorkerBee PH-Pool, the only thing that you have to do is to STAKE tokens to YOUR account and DELEGATE your staked WORKERBEE tokens to THIS account (@ph1102)! Every week you will get your portion of mined BEE tokens and BONUS rewards!
.:. DO NOT STAKE TOKENS TO MY ACCOUNT!!! Just DELEGATE! .:.
If you have any questions, please leave them in the comment section!
You can find more about this pool in the initial post here https://inleo.io/hive-119826/@ph1102/workerbee-p-h-ool-let-s-help-each-other
Thank you for your time,
--ph--
None of this is financial advice!!!
Don't forget to follow, reblog, and browse my Hivepage to stay connected with all the great stuff!
You can also find me on inLeo .:. Twitter .:. LBRY
Posted Using InLeo Alpha
I personally didn't expect it to be this fast, BTC breaking its ATH again and again. Part of me thinks that we're in for a very wild ride, which means it's much more important to stay put and observe before making any rash decisions :)
Oh, I'm with you regarding "rash decisions"... I did that so many times in the past, and whenever I did it, it was a wrong decision... π
It is scary that we had such a huge pump and I'm a bit (too) cautious regarding it... We went straight up and no pullbacks... yet... We will see what happens... It is (will be) definitely a wild ride! π
Hahaha, well I've read a lot of post lately and they're just hating on Hive because BTC is doing everything. I am equally watching the eth chart and it hasn't really moved a lot, except that sudden surge it did some days back. So it's just standard crypto 101: BTC moves, alt will do so later, but impatience and pain is out there and people are just hating on alts forgetting that it's time will eventually come.
2021 was a huge lessons, I'm sure you won't be repeating all that mistakes again
@tipu curate
Upvoted π (Mana: 42/52) Liquid rewards.
Amen! I have nothing to add to this... π And I'm glad that I muted out people who are screaming from the top of their lungs what is obvious and those who have a short memory... π I mean, whatever we discuss, has not too much sense... BTC will do what it has to do... and others will do it when their time comes... :)
Sounds like my story being βstupid β
but I am still learning βΊοΈπ
No, no, no... That's MY story! π€£π
Jokes aside... I think that many people did the same... The difference is how many learned the lesson... π€
I wouldn't mind a nice bull market. Let's hope that people get some more ideas and bitcoin takes off even more. I believe the higher bitcoin will go, the more altcoins will be pulled along :-). Thanks for the LEN tokens!
Oh, yes... It worked exactly as that... If BTC goes up a lot, alts will do better! BTC to the 250K! π
Thanks for the update and tokens! Same here, have learnt from my "mistakes" in the previous cycle and am more confident this time round!
!LUV
@ph1102, @relf87(4/5) sent you LUV. | tools | discord | community | HiveWiki | <>< daily
You are welcome! And it's great to hear that you learned your lesson! Now is the test time! π
I think BTC will go up quite a bit but I am not sure if we will get an alt-season or not. Things just look rough right now but I hope we do at least get some alt season. We all make mistakes but learning from them is the best thing to do.
Thanks for running the pool and for the BEE/LEN tokens.
It really depends on the "definition" of an alt-season... I'm sure it will not be the same as in the previous cycles when every single shitcoin went up... I expect to see pump only on certain tokens rather than on all of them... But, we will see...
Thanks for the news and comments. Yes, ATH is here; perhaps others will move sooner than expected...
Let us be surprised π€
hehehee... That's a nice wish... It would be great if Christmas comes earlier... π
Exciting times! I was starting to capitulate myself! LOL
Hahaha...
π π
Bitcoin finally this was delicious, alts will come too, history repeats itself. π
Agree with you on that... Everything comes in their time... This is BTC time...
Hive will soon go above 0,2, its a matter of days in crypto ;) im scared to not have enough when fomo comes
Happily for all of us, the price of Bitcoin has increased significantly, and after a while we will see Ethereum hit its all-time high and then our coins will be numbered.
We will see what happens, but it should be something like that...
History repeat itself, HODL!
I like the other version of the saying by Mark Twain...
πͺ
Expected the pump with Trump elections, too bad hive is not really reacting
It's BTC time! π
HIVE should also stand its butt up now π
Hehehehe... HIVE is in the group of small-cap coins... it has to wait for its turn... But, HIVE was around 16c and now is over 20... that is over 20% up... ;)
Exciting times. :)
Indeed exciting!!! I always have mixed feelings after these huge BTC pumps... Always thinking that I didn't accumulate enough... too greedy... π€£