In the bleak midwinter
Things aren't looking so bright this morning as I start flipping on screens and looking at the charts. It's not like we didn't see it coming, but it is still a bit of a downer. Despite the bleakness of it all, I still am choosing to see this as an opportunity. Things are going to be picked up for pretty good prices right now. In fact, I had a limit order on some SOL the other day that finally triggered. In a few short days, my monthly BTC and ETH buys will happen, so I hope the prices stay kind of low until then. Finally, we know that the stock markets are eventually going to go back up, even if NVIDIA is pulling them down right now.
NVIDIA continues to be one of the largest chip makers in the world, so however this other stuff shakes out, I don't see that changing in the near future. Who knows what might happen to the company with new leadership that is more focused on the future of the company and less on getting laid. The funny thing is, it could have been just about any other person and nobody would have cared. He had to go and sleep with an (alleged) spy though.
Yikes!
#thepub community continues to roll on. I had to add a few more names to the blacklist. I thought maybe we would escape some of the spam that is out there, but @captainbob (I think it was) called it and the list has more than doubled in the past couple of weeks. On a side note, I did move some of my own liquid HIVE into @thepub account so I could do a payout to the delegators. When I did that, something curious happened.
One delegator has quite a bit of HP delegated to The Pub, so they have earned about .125 HIVE since the inception of the curation project. The other delegators have only earned .01 HIVE, so when I clicked the "Pay out now" button, the only transaction that actually happened was to the top delegator.
What I am not sure about is if that is a limitation of the code, or if it is a limitation of HIVE. I somehow remember that transactions under a certain limit don't actually pay out, but I don't recall if that is true. I will have to dig into it a bit more. The good news is, the rewards seem to accrue, so if it is a limitation of HIVE, eventually those payouts will happen.
I also noticed that names that are on the blacklist for voting, but are still delegating do not even show up in the payout list. That's a bit concerning. It's not a huge deal since it's only me at this point, but if other people wanted to delegate for an income, but didn't want the upvotes that could be a problem.
I guess I need to spend some time with Claude in the next week or so.
Despite the title of this post, I know it isn't actually the middle of winter. We haven't really even begun to feel the pain yet in Michigan. Though they are calling for some pockets of snow here and there over the weekend. I doubt it will stick around too long.
That bleakness I referred to seems to be pretty front and center though. I'm starting to see more and more people kind of lose that spark in their eye over crypto. It's not a bad thing, it's just more of a "growing up". That magic is gone, and the reality of something more mature is starting to settle in. Much the same way Christmas changes through our eyes as we become adults.
I think the only difference with that analogy is with Christmas you get to experience the joy again through the eyes of children. With crypto, I have a hard time getting excited about some stupid piece of crap meme coin that fraternity crypto bros are aping into.
It's starting to become more clear to me that crypto is never going to be the thing that I hoped it was going to be. That's not a bad thing, it's just a reality that I am still kind of wrapping my head around. It's nothing specific with HIVE or any other altcoin either. It's just a general feeling across the board that is slowly settling into my core beliefs.
I'd be lying if I told you there haven't been times over the past few months where I have thought about writing my daily HIVE post and I have wondered "what's the point". I can totally appreciate the reason that many people have given up. Like I said earlier, it's less of a abandonment of hopes and dreams and more of a maturing of what I had perceived to be reality.
Congrats to those who were able to get a little (or a lot) rich in the process. I just wish we all could have gotten a bit more of a taste. Who knows, maybe we will be surprised.
My Sports Account - @bozz.sports
If you have some good content you want to share, check out #thepub. If you feel like supporting us, please delegate to @thepub!
You have highlighted an important reality of the crypto world. Over time, the excitement of quick gains fades, giving way to a more realistic perspective. Even so, your approach—viewing market downturns as opportunities and maintaining a focus on long-term investment—is sound.
Thank you!