The Daily Meme #225!
It appears that my first conversion has netted me some .59hbd hive.
When the price drops below this point, I'll be in the red for having done this.
Maybe I should do the math of this as we go along, just to see if it is worth more to do than some other things.
I think the math has been pretty consistent, power up 100% or get less.
Up to you.
We are having a membership drive in these discords, tell your friends.
If you want a voice in the consensus join them, and be one.
MemeHive: https://discord.gg/uSd748rZSD
Your meme outpost hq.
HiveDownvoteRewards: https://discord.gg/tVjRSwTG9v
Exercise your duty to mitigate abuse.
Hivewatchers: https://discord.gg/QqyrCCf
Appeal blacklist flags here.
FreezePeach: https://discord.gg/TXPkMRXYuG
Get your flag reviewed for redemption.
Proof of Brain: https://discord.gg/tdXjvbHR4w
You know, what they sold us on to get us here.
The Terminal: https://discord.gg/Npwa8VYR3v
Newb friendly chat.
Hive-Coffee: https://discord.gg/nVj9XQFrun
Well informed newb friendly chat.
Hive Official: https://discord.gg/SUwJ2s2
Central focal point of much of the hive.
Dlux.io: https://discord.gg/mdJRstcFWg
Building the holodeck in 3d VR.
The Pulse: https://discord.gg/3M2gRr5
Alternatives to the groupthinc.
Klye's server: https://discord.gg/KyJyQxzRJ7
When your day just doesn't have enough Klye in it.
These are public rooms managed by private people for the benefit of everybody using this blockchain.
What they do is voluntary, but openly public.
Don't abuse their willingness to work for the collective for what little we give them, eh?
Without them, none of this exists.
When you go through these rooms catching up on 'the community', be sure to look for the detective, and add your detective, too!
I am outta here and not coming back again bro, you got my email address if you need me.
I remember that depending on the value of HBD and the state of the debt ratio, there is a possibility for it to give you just $1, or the current value of HBD in Hive, whichever is less. Not sure. Do you have more info about this?
The 'haircut rule' kicks in when hbd exceeds 10% of the market cap.
When this happens the convert hbd to hive feature gives out less than 1usd equivalent of hive.
There is talk of raising that because it harms more than it helps, but the earliest that would be would be the next fork.
If then, the devs like to take things real slow on things like that.
When hbd is below 1usd on external markets it helps the price to convert them to hive.
When hbd is above a dollar, then you convert hive to hbd.
Do the math, it's not always as it would seem.
You can lose money doing these conversions.
I think powering up 100% is the maximalist's strategy.
Huh I just calculated with my formula from yesterday and you're right! It increases your net author reward by around 1.2%!
25.303*0.601=15.207 or 99.5% proximity to expressed value ($15.283)
whereas my last post is 96.6% on a hive+hbd calculation, and it would be less if i only got hbd.
I did this calculation years ago and it was the opposite, full powerup giving less rewards than other combinations. It seems things have changed.
When hbd is over a dollar you want to use the 50/50.
You can sell the hbd for more hive.
When it is under a dollar the opposite is true.
I'm not so sure about converting right away, I've gotten locked in to some .6usd hive and the price is lower right now.
I would have been better off just holding.
I saw hive at .601 so you're not too far off the mark with your conversion. I wouldn't dwell on it as it's not a major win or loss.
Thanks for the advice. I'll try to implement it in my posting strategy to get the most out of my activity on the site.