While I was replying to comments on my latest #MyHiveGoals post, I have realized that it passed only 2 weeks from the Workerbee report where I mentioned that BTC is surging toward 55K! After less than 24 hours of publishing that post, BTC went over that price, and here we are, 2 weeks after that and we are already creating new ATH (all-time-high)! At the moment of writing this post, BTC is hovering around $72K-$73K, which is almost 20K more than just 2 weeks ago!
Btw. I have done this title and topic on purpose, maybe I will "jynx it" (in a positive way) and the price will go further up! 😃 To be honest, I think that BTC doesn't need my help to do so... lol...
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So, what's the next step in the crypto world? It's great to see BTC thriving higher, beating the previous ATH, but that's great for folks who are HODLing it, what will happen with the rest of us/tokens? To get there, we have to look deeper into the BTC... For the first time, I heard some doubts about the "altcoin run"... For those who haven't been here for a longer time, there is a theory (which was confirmed in the past), that after the BTC pump, when BTC slows down to go up, the next move is that altcoins start to move up... And not like what they did until now (for example, HIVE went from under 30c, to over 44c), but rather in an exponential way where we can see 5-10-100x on many tokens!
The general idea is that all the money that comes into crypto through BTC, will "spill over" through altcoins when BTC slows down... The concern that person said is about the "type of money" that came into Bitcoin! All these new ETFs bought a shitton of BTC in their portfolio, but they aren't degens like many retail people, and they have probably "locked" that BTC for a long time... So maybe we will not have that spill over...
On the other side, all these big investors are coming to crypto understanding BTC as a "new, digital gold", and if you check gold prices through the years you will notice that it didn't have too many (big) pullbacks... In our case, we NEED Bitcoin pullbacks to see some altcoin action, and if this continuous pressure continues, I'm not sure that altcoins will be able to follow BTC price action...
In conclusion, seeing BTC going up doesn't mean that ALL altcoins will go up too... Especially it doesn't mean that altcoins will go up every time BTC goes up... In some way, that's not that bad at all, as we could finally see different price actions (direction) from different tokens, at the same time... And maybe we will not have these "general 4-year cycles" anymore when EVERYTHING goes down or up with BTC...
Back to the Workerbee report numbers!
In the last 7 days, it looks like we were unlucky as we mined 85 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?
This time, we are back to the gaming tokens and my favorite HIVE game, Rising Star!!! If you are following #MyHiveGoals reports you have noticed that I'm a big fan of the game and I even have a yearly goal connected to the game... I'm accumulating cards like crazy, but to get there, I have to buy those cards... The best way to do it is to buy packs and/or cards from the markets... As there is a nice discount when you buy 10 packs with STARBITS tokens, I'm using that to get 2 packs more!
After playing the game for years, I'm making all my in-game purchases with the profits from playing the game, which is awesome! STARBITS token is doing well lately and I'm happy to see that it has more and more use cases in the game!
There will be distributed 750000 STARBITS 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 85 BEE tokens and 750K STARBITS tokens as a bonus... The APR (without the bonus) was 7.048%, and when we added the bonus it went up to 8.537%!
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 9/9 (35 WORKERBEE in total), for mistakenly staked WB tokens is sent and REFUND 2/9 for mistakenly staked tokens (26.98425 WORKERBEE in total) also.
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