The Next Second One... .:. WorkerBee PH-Pool Week 162
It looks like these WB pool reports have become (unintentionally) a nice playground for speculation and crypto talk in general... I was using this space to add additional value to the post by sharing different thoughts not just about the two tokens that we are following with these reports (WORKERBEE and BEE), but also about some other cryptos, especially Bitcoin as it is still the most popular coin...
Bitcoin is the one that moves the whole market up and down, and when we want to look at the "state of crypto", we look at BTC and how it performs... If it goes up, it will probably slowly push up altcoins too... If it stops consolidating, the altcoins will go into an "altcoin bull run"... If it goes down, well, most of the other tokens will follow... Btw. HIVE and all other tokens that are not Bitcoin are considered altcoins, and we have some of those... That's why we want to see another altcoin run...
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There was another coin that was also very important to look up in anticipation of the "altcoin bull run"... Ethereum (ETH) was the token that was leading the way for the altcoin bull run... There was an unwritten rule that first runs Bitcoin, then ETH, and after that the rest of the coins... Well, BTC ran, ETH didn't really have its time (yet), and some other tokens ran, but not as we used to see in the "real" altcoin bull run...
Looking at the charts and the whole crypto market cap, one thing came to my mind... Something very significant happened in the last 24-48 hours regarding the crypto "rankings"... Solana (SOL) has overtaken the BNB token at the 3rd place in the rankings (if we exclude USDT which is a stablecoin)!!! That was something unthinkable just a few weeks/months ago, but that opened some other floodgates open... If SOL passed the BNB chain, maybe there is a chance that it can pass ETH in the second place, which was something that everyone considered as something that is set in stone... BTC, ETH, and then the rest... Yes, there are still a lot of billions to add up for SOL to that happen, but it doesn't look like impossible anymore...
And for the end, maybe we are looking at the wrong "main" altcoin as an indicator of this/next altcoin bull run... What if this year we would have a different order of things happening? BTC runs, after that SOL, and then the rest? The first two have run, maybe we are not that far away from the altcoin bull run... If this pullback goes deeper maybe we could see something aligned with the good old saying...
The darkest hour is just before the dawn!
Back to the Workerbee report numbers! Some of the WORKERBEE holders got scared by the pullback, or they just wanted to cash out to HIVE, and we had some great opportunities to grab the tokens for cheap cheap price! I know that I grabbed some very close to 1 HIVE, which was a great bargain price! I hope that you got some too!
In the last 7 days, we did much better than in the previous week, and we mined 103 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?
Last week it was STARBITS the token from the Rising Star game that was distributed as a bonus reward, this week it is the SPS token, the "official" token of Splinterlands, my second-best game on HIVE! There was some talk about listing the SPS tokens at some of the major, centralized exchanges out there and I have just realized that SPS is listed on crypto.com! I knew that before as my friend Achim was using it, but I completely forgot that it is possible to deposit or withdraw SPS tokens from there... That opens the gate for some other possibilities as you can use the SPS tokens to take out or bring in HIVE, or some other tokens...
There will be distributed 125 SPS 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... There will be distributed 103 BEE tokens and 125 SPS tokens as a bonus... The APR (without the bonus) was 9.025%, and when we added the bonus it went up to 10.881%!
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! .:.
All payments will be made after publishing this post...
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~
PS. @lemonp8ste refund 3/9 (26.98425 WORKERBEE in total), for mistakenly staked WB tokens is sent.
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You can also find me on InLeo .:. Twitter .:. LBRY
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It's hard to tell when things will move but I do think BTC going up will make the rest go up eventually over time. Some might be sooner and others later.
Thanks for running the pool and for the BEE/SPS tokens.
Yeah, I'm sure we will continue to go up... And we will see in what order... But, it is nice to see that none of the Top 10 cryptos aren't granted for sure... Better tech will always replace the old one...
Thanks as usual for the bonus. I hope SPS can have a run here soon. Would love to see that back at some high levels for those long term holders. !PIZZA
Long long way to go though.
Don't know about the SPS rise... I suppose that we would need some harder push to see higher prices... Some promo card, some event, or maybe something with land... to trigger the pump...
From what I read a while ago, SOL switched places with BNB last bull market too. It's true this cycle Binance isn't what it used to be, and Solana is pumped more than ever, but we'll see if this is only temporary or BNB won't get back to former glory. Thanks for the SPS rewards, btw. :)
I doubt that BNB chain has the potential to stay in that position... I haven't heard anything about it lately, while many other layer2 chains were born... Tbh, I was surprised that it stayed (and still is) so high ranked...
Maybe the next BNB will be the BASE chain... Centralized exchange with a lot of users behind it... same pattern, other players...
It's possible. Haven't used it, but with Coinbase behind, we will likely see it rise.
Do you think HIVE will join an altcoin run?
Well, if we look objectively, HIVE did go up from under 30c to over 46c, so if we have another run, it should go up as any other altcoin that has some purpose and use case... How much, I have no idea... 😃
Thanks for the report. Everything works stable and without problems. 👍
You are welcome! Exactly that... I like when people freak out, it's always a good opportunity to get things cheap :)
I have noticed across social media that people are getting fed up with ETH and those abnormal fees and all other kinds of troubles.
And just today I saw a report about Solana and music streaming...It could happen that Solana becomes more usable and popular than ETH..time will tell.
Hehehehe... Right after writing this post, I was using ETH for a long time... It was some airdrop and I had to claim my tokens... 2 transactions together, a bit over $15... I got away with paying "cheap" fees... 😂
It's always good to read your criteria on cryptos, learning takes over. Thank you for sharing your knowledge
I'm definitely not an expert in these things, but I do like to observe them from different angles...
Thanks for your flattering words!
ETH is fantastic but there’s no point in being a fantastic coin when the gas fee is crazily expensive
It will be very tiring to people
Yeah, fees are the main obstacle to ETH to thrive even more... If they solve it, it could be a game-changer
Thanks for the update! You are monitoring the markets very closely! Hehe!
!LUV
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You are welcome! When you are 100% in crypto, you have to monitor it very closely... lol... 😃
Hehe!
$PIZZA slices delivered:
@dkid14(9/20) tipped @ph1102
!BEER
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BEER.Hey @ph1102, here is a little bit of
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BEERKING.ETH is good, but the gas price is a bit high
Don't worry, it's the same way it used to be, the price of bitcoin will go up and down in the bull market, just smart people will take profit on their time and it's a good way to make some money by stacking.