I will give you this fair warning, seeing as if you ACTUALLY READ Proof of Brain blogs... You will now be ready for a price drawback. If you like trading and just have a bunch of Hive to invest then we should make a nice floor at about 1:1 HIVE:POB, what do you guys think?
I am sure this drawback will be temporary but someone has to dump, so I will prove we have what it takes for a market sell-off recovery.
Anyone else wants to dump with me?
Waiting for a couple of responses before I pull the trigger since this is a cool new community I don't want to trigger anyone or cause a headache.
I arrive home (Germany) from Italy, just two hours in the plane, and I find that POB is in red you Kraken :D :D :D :D :D :D
Na, I guess it wasn't you for the sales list. Anyway, it does not seem that the buying orders will hold for so many POBs. Looks like it at least for now, lets see in some months ;)
Stable growth will do this virgin coin well.
Pump and dump allows a small circle of traders to control the price.
I think it would be a good experiment but I too feel bad if I sell. I only have a 100 though. But I would like to see if POB has legs
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@phusionphil
Not a bad idea but from the screenshot above,that is beyond the price floor you are suggesting..
Thats why I didn't finish the order and made this post. We should be mindful of our buy support and prove our brains know how to support a virgin currency.
Ive only been on hive for about a week, after a while away from steem. So i only discovered pof brain recently. I was shocked when i saw the price yesterday. Crazy its outperforming hive atm.
Time to consolidate and secure a good new trading floor
!PIZZA very insightful and important to understand how the tokenomics of POB function. I am accumulating POB and that wont change if the price drops. Like that canadian band says, we will eat kraft dinner. We will just eat more!
$PIZZA@phusionphil! I sent you a slice of on behalf of @hivecoffee.
Learn more about $PIZZA Token at hive.pizza
Good experiment though,but I feel that you should increase it's price to at least 0.50HIVE
Yeah thats actually why I made the post, I realized if a major share holder wanted to sell they would kill the price.
I've just come back online from house duties that I can do. Is it done?
Has anyone sold during these 2 hours?
Let us know your next steps, Phil!
I didn't sell all of it yet. I just put some more buy support in though to prevent a sell off like we can see having a big effect on the price.
Its time to proof of buy support and proof of resist volatility.
I understand completely now.
Thank you very much for explaining this to me.
Same reason I downvoted one of your posts originally. It would be a shame if we took this sovereign currency for granted.
I had no idea you have downvoted me.
It was a good thing what you did for POB today. Has it been bought yet?
Our very first interaction was arguing about me downvoting you lol, then I upvoted your other posts. Remember it was about NFT's?
Yes, when we talked about NFTs.
You were right and now I see it.
I have formed a pretty neat idea after looking at different NFT markets on what's working and how and what's just filling those markets but not selling. NFTs should include soon tickets, discounts, digital goods, Kred had an attempt with that. I am on Empire Kred for so long and never used their NFT market thought. Just recently, I had received one from someone from there that I have transferred in my MetaMask....I was about to write...MetaFox...account...I am so tired.
Conclusion = you were right.
Good night, Phil!
Just woke and haven't had my double espresso.
Need some layman's term here. What are you proposing?
I guess he is proposing a 1:1 ratio for HIVE/POB
I think so too
so that means he will sell his POB for hive when the price is right?
or the reverse.
Stop pumping past 1 to 1 ratio before we scare off noobs.
A stable ratio to get more holders in early.
I'm proposing the single most important decision of your life.
Its time to get out the big boy Hive balance and pump this coin up, just to puller back a notch, then pump again like rational holdrs.
What a smart idea from you,I believe that your idea will help pump up the price of the POB
Distribution is important
so in Akuma terms because I feel like a child at the moment.
Get more people in at a lower price. So the market gets more distributed.
@phusionphil this is a smart strategy from you...more distribution of the market is really important...
My plan has been to sell off 5-10% a week but I've held back this week for some reason. Likely going to sell off some earnings on a friday/saturday and then stake the rest of the week. I'm putting 350POB into the WOTW weekly so that's the usual priority.
Happy to increase market liquidity if whales are since wider distribution is much preferred from my point of view.
i know lots of people be tempted but to be fair it would feel disloyal to something new and innivative!
The question I have for everyone on Hive is,
https://leodex.io/market/POB
LOL
Yay! 🤗
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