RE: Curation and weekly engagements 12

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RE: Curation and weekly engagements 12

savvytester in We Are Alive Tribe • 11 days ago

The actual Resource Credit cost of claiming an Account Creation Token depends on the number of Hive accounts that have recently claimed ACTs using RCs. 🤓 Since it's likely that relatively less HIVE gets powered up and more HP gets powered down when the price of HIVE increases (significantly), less RCs become available overall, which means less RCs can be used to claim ACTs which finally means that fewer Hive accounts claim ACTs. 🤯🤯😅

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11 days ago in We Are Alive Tribe by savvytester

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tydynrain 11 days ago

Hrmmm...well, that's all very useful to keep in mind when wanting to claim account tokens using RC. I won't worry about it. I'll claim some when the option becomes available to me. 😁🙏💚✨🤙

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savvytester 11 days ago

I haven't calculated the cost of claiming an Account Creation Token using Resource Credits when the price of the HIVE token was at its All-Time High (about $3.4 each), which whose RC cost is probably at its All-Time Low. 🤔🤯😅

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tydynrain 11 days ago

It would be interesting to know what it would be like to claim account tokens at those higher levels of Hive fiat value. Oh well, I'm sure that HIVE will return to those levels and beyond at some point. 😁 🙏 💚 ✨ 🤙

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savvytester 11 days ago

Saying that the price of HIVE will return to those prices (and probably beat its previous All-Time High) is indeed an optimistic view of the HIVE token. 😎😏 The question is when. 🤔🤯😅

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tydynrain 11 days ago

Hive is a superior blockchain in many respects, so I have no doubt that it will go up markedly. Of course, using debt-based fiat currencies to measure the value of Hive assets is pretty ridiculous, since Hive's assets are more intrinsically and inherently valuable, based as they are on our own human value. 😁 🙏 💚 ✨ 🤙

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savvytester 5 days ago

You saying "debt-based" reminded me that Hive-Backed Dollars (HBD) can also be considered as "debt" on the blockchain, though others say that it's just a (very) simplistic view of the HBD token. 🤔🤯🤓

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tydynrain 5 days ago

Well, since HBD is pegged to the US dollar, if and when the dollar crashes, HBD might be in a bit of a pickle until a new peg is chosen. 😁🙏💚✨🤙

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savvytester 5 days ago

Maybe there would be a Hive-Backed Gold (HBG) or its silver counterpart, or even more interesting and !FUN is Hive-Backed (PEPE) Frog (HBF). 🤔🤯😆😅

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diyhub 5 days ago

@savvytester just sent you a DIY token as a little appreciation for your comment dear @tydynrain! Feel free to multiply it by sending someone else !DIY in a comment :) You can do that x times a day depending on your balance so:

Don't be shy - share some DIY!

You can query your personal balance by !DIYSTATS

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indeedly 5 days ago

_(36/100)
@savvytester! @tydynrain Totally agrees with your content! so I just sent 1 IDD to your account on behalf of @tydynrain.

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diyhub 5 days ago

@tydynrain just sent you a DIY token as a little appreciation for your comment dear @savvytester! Feel free to multiply it by sending someone else !DIY in a comment :) You can do that x times a day depending on your balance so: