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RE: Double-Pamp Confirmed

in LeoFinance3 days ago

I've just been trying to make some money moving things around on Hive Hub. It feels like the numbers are a bit different there, but I'm afraid to take the risk moving it off the chain.

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i just tried hive hub out and realised after the swap that Id effectively sold hive at 0.55 when it was priced at 0.63 so that was a bit sad. HBD was at 1.1 I think.....but I dont know. my math sucks and Im a terrible trader I shouldnt have bothered! Now I need hive to crash back to 40c so I can buy it at 50c a piece and make my 0.05 profits. lol

I really remember resembling that remark.

did you eventually learn to relax and leave it all alone, or did you master short term profits?
I mostly leave it all alone, but sometimes i bend to my own internal pressures (mostly the ones which say, OI, if you just sold some of that last pump and then bought a few days later, your hive stack would be a 3rd bigger!). But only trading can remind you why you ignore that voice...

"...only trading can remind you why you ignore that voice..."

Eventually you remember, you become that voice. I have learned that financialization is a trap I cannot slip. There is a coordination, zersetzung, that is able to focus down to a degree that is inconceivable, and can be applied across every mechanism that requires transactions, and many that do not. I learned this to my great amazement, and inconsolable dismay. If they select you out of the herd, there is nothing you can do to escape their implacable coursers.

I value Hive not as a currency, but as the measure of the esteem of my peers on Hive. I don't seek to increase it via financialization, because that would devalue it to me, causing it to no longer represent that estimation, but be inflated into a pretense of estimation comparable to narcissistic conceit for my purposes. I use over 25% of my author rewards to encourage creators that are incessantly flagged in an attempt to censor them, and to tip authors because that can't be flagged away, so my Hive fortune underrepresents the esteem of my fellows. Better to be too humble than blinded by hubris into conceit, I feel.

I have learned to transact in goodwill because that cannot be stolen, inflated, taxed, or rust. I can only transact with people capable of goodwill, and because of this my social circle has vastly improved, a prize of inestimable value.

you seem like one of the good guys. But what is it about the estimation of your peers on hive that brings you such value? Does this humble quest to increase social reputation via authentic means apply to your 'irl' community as well, or does it work differently face-to-face?
ps. what happens when you attempt to transact with people who are NOT capable of goodwill? IS there any such person?

"...what is it about the estimation of your peers on hive that brings you such value? Does this humble quest to increase social reputation via authentic means apply to your 'irl' community as well, or does it work differently face-to-face?"

I am availed their criticism that corrects me when I am wrong, which absolutely informs all my interactions. Little is more valuable to me, but the affection of my peers in a healthy society that enables society to be robust and skookum enough to withstand even cataclysmic events.

"...what happens when you attempt to transact with people who are NOT capable of goodwill? IS there any such person?"

The majority of people have been indoctrinated into a sort of worship of financialization, and sublimate all other considerations to the acquisition of money, which renders them incompetent of goodwill, and execrable acquaintances IME. When I mistakenly transact with them I am robbed, and learn not to make that mistake again. It is not lightly said that the love of money is the root of all evil, IMHO.

Edit: note it isn't money that is evil, or the root of evil. Money is a service that facilitates commerce, but has been twisted into a weapon by malevolent psychopaths that have fully given themselves over to financialization as their primary, if not their sole purpose in life.

Yeah, you at least made a bit of profit finally, but the internal market doesn't make it easy. I don't have many options beyond that though.