RE: I Am #AliveAndThriving Today! || #IAmAliveChallenge || Daily Off-Grid Jungle Journal Entry: Day #1195 - 14,400 HP Surpassed, and The We Are Alive Tribe To-Do List - GaiaYoga Gardens, Lower Puna, Far East Big Island, Hawai'i - Tuesday, November 4, 2025
You are viewing a single comment's thread:
πβ¦β¦.. I understand so well!π
0
0
0.000
I certainly understand the saying 'youth is wasted on the young' (even though I don't think that it's actually wasted) a fair bit better now, I must say...lol! πππβ¨π€
Lol....so very true my friend!!π
44 years ago when Liz and I got Married, I knew nothing about the Federal Reserve....
That it is not federal, and it is not a reserve.... it is a private bank quietly stealing at least 2% from the value of our Fiat money each year!π
I so feel you, Mike! There were many things just like that which when I learned how they actually worked, my perspective on them shifted quite notably! I think that something like that is occurring here on Hive too, sadly. Also, HBD, which is pegged to the price of the fiat dollar, which of course continues to decline in value, is also declining in value, but we don't notice it because it's always at $1. So it would seem that the whole Ecosystem is declining in value, or something very much like that. πππβ¨π€
Yes, the price of bitcoin is dragging everything downβ¦
I donβt know where the bottom is hopefully, we are close!ππ
That, and the whale selloffs of HIVE on exchanges. HIVE inflation and the Hive debt are both at their all-time highs, while the fiat price of HIVE is at an all-time low, which is not a good combo at all. The Hive debt is presently sitting at 13%, but it's rising quickly. If it exceeds 30%, then the haircut rule would go into affect, which would dramatically affect the value of HBD, and all sorts of other things, like post and curation rewards, and interest for HBD in Savings. I'm very strongly considering withdrawing my HBD and swapping it for HIVE to power up. πππβ¨π€
Very shaky times in the market, let me know if you hear anything new my friend!π
That's for sure, Mike, and you got it, I'll share anything new that I learn! You can keep track of the Hive debt at hbdstats.com. πππβ¨π€
Hopefully we will see a bounce this week my friend!!!ππ
That's sure what I'm hoping! The Hive Debt was at 13% yesterday, and then jumped to 17.80% today, then incredibly thankfully, it slowly started to go down a little today! It's still in dangerous territory, but that it's going down at all is excellent! πππβ¨π€
Very good to hear my friend, hopefully it will stabilize!ππ
That's exactly what it looks like is happening, as it's continued to slowly fall today as well! That's a very good thing! πππβ¨π€
Very good to hear I was checking the price this morning......π€
Indeed, and it's still falling! Yes, the price has improved a bit too. Things are looking good! πππβ¨π€
With bitcoin going back up last night I think it will drag everything back up including Hive and HBDπ€π
Yep, that's likely true indeed, though I do really wish that the whole bloody crypto market would not follow Bitcoin...lol! They need to become their own Bitcoin! πππβ¨π€
So very true my friend...... everything follows bitcoin up or down!!π
It's the granddaddy crypto, so yeppers indeedy, it still leads the way! πππβ¨π€
Just pick some Satβs up this morning on the cheepππ€
Sweet, Mike, congrats! Heck yeah, you got those babies for more than a $10,000 discount! πππβ¨π€
πͺπ€π