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RE: Curation and weekly engagements 12

in We Are Alive Tribe β€’ 3 months ago

Yep, that's true, and I was guessing that such was the case. Well, it gives me something to which I can look forward. I'll get there soon enough. 😁 πŸ™ πŸ’š ✨ πŸ€™

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That "something which you can look forward to" (regarding being able to claim an Account Creation token for the first time using Resource Credits) looks like still more than a year ahead! πŸ€”πŸ€―πŸ˜…

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Β 3 months agoΒ Β 

Perhaps so, unless I'm able to leverage assets to a degree that I am able to make another big leap forward in a non-linear fashion. πŸ˜πŸ™πŸ’šβœ¨πŸ€™

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It's likely (but not guaranteed) that when the price of the HIVE token shoots up (let's say $1 each), then the Resource Credit cost of claiming Account Creation Tokens will be significantly lower (let's say only 4,000 Hive Power worth of RC required). πŸ€”πŸ€“πŸ˜

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Β 2 months agoΒ Β 

Oh, that's interesting, I was not aware of the correlation. Well, that's another benefit to it going up then. 😁 πŸ™ πŸ’š ✨ πŸ€™

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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. πŸ€“ 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. πŸ€―πŸ€―πŸ˜…

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Β 2 months agoΒ Β 

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. πŸ˜πŸ™πŸ’šβœ¨πŸ€™

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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. πŸ€”πŸ€―πŸ˜…

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