Twitter NFT
Funny story: I was talking to a friend while I was on vacation recently. I always somehow seem to forget that she's a high ranked software developer and that she actually keeps up with crypto tech now that I've been talking her ear off about it over the last 4 years on sparse occasion. It's weird for me meeting someone again after a couple years and seeing that they've actually been doing their own research on crypto rather than relying on me to tell them.
I really need a hardware wallet.
In any case she signed up to receive one of those Twitter NFTs and actually got one. Floor value: $300k... lol. I told her to sell it at the end of the year and she agreed, after talking about how bad it was that she was storing the thing in a Metamask hotwallet. Yikes.
Let's not forget that the @splinterlands account on Twitter was banned right before Twitter launched these NFTs. This was not an accident: it was a blatant and illegal attack that violates antitrust law. They can just get away with it under the guise of their extremely vague terms of service.
Observe:
You may not use our service for any unlawful purpose or in furtherance of illegal activities. This includes selling, buying, or facilitating transactions in illegal goods or services, as well as certain types of regulated goods or services.
What actually happened is that Twitter sees Hive as a threat and actively and illegally targets it as a competitor within the borders of their own digital realm, and there isn't a damn thing anyone can do about that unless their actions bleed through to the truth. I'm sure Twitter pays their lawyers quite well: let's put it that way.
Seriously though, ban @splinterlands for absolutely zero reason days before you launch your own NFT product? This isn't random chance: they are being quite obvious, but at the same time you can't prove that in a court of law. The law works for the corporations, that much is clear. This is the legacy system; a million cogs in a broken lumbering machine of massive scale. We are here to disrupt, and I guess it would be foolish to think that the powers that be would embrace their own irrelevance.
1% POB owned (12k of 1.2M)
I've reached my 1% target for POB and may chill out on buying for a bit. I think I might retreat to the 0.4 level because that seems to be an extremely critical level. No sense in throwing my money away and buying tokens for an extra 25%, so my official buying range has been shifted to 0.4-0.5.
Interestingly enough as soon as I set my most recent 0.5 buy order someone behind me scooped up all the liquidity up to 0.68.
So there's definitely another big buyer in the water here with me.
There's also a nice buy wall at 0.39999 which should provide a buffer if my bids get liquidated and I need a day or two away from buying.
Although if I'm being honest POB is probably one of the least exciting projects I'm involved in at this point. I still have a lot of faith in the Hive/LEO/CUB situation I have going here, and we are ramping up into a hyper bullish period of time.
For today is the full moon....
Hm, yep, send it!
Such a bullish signal can not be ignored.
Two weeks of up incoming.
RC Crunch!
So I used to be able to claim between 60-70 accounts every 5 days with my resource credits. Now @splinterlands adoption is pushing the competition through the roof. I'm lucky to get 50 accounts now if I time it right, and lately the number has been in the twenties and thirties far too often for me to justify claiming anything on certain days, which is usually fine because I have 5 days till a full recharge after spending all my RCs.
This is a prime example of how the cost of operations on Hive is guaranteed to climb. As well as Hive can scale compared to other cryptocurrencies, it is still decentralized architecture, and scaling is a problem even on streamlined centralized applications. A stress test of the RC system for the first time ever is likely coming down the pipe soon™. My guess would be the mega-bubble many have been predicting for 4 years come late Q4 2021. Only four months to go... crazy.
Why do people want Hive?
- Free Bandwidth
- Upvotes
- Governance
- Airdrops
Right now the value of bandwidth on Hive has been rounded to zero. How long do we think that will last? How long until other communities start to realize that airdropping free money onto the Hive community is a net victory for all parties concerned? We can go places and do things that no corporation could ever dream of.
Do not underestimate the grind.
Just because development is slow doesn't mean that nothing is happening. That applies to the entire cryptosphere. There is development everywhere, and impatience is the ultimate sin.
Conclusion
But wen doe?
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Some rich friends you got there...lol. Let's hope crypto comes to my rescue in a couple of years...That's a category I don't mind being a part of
I’ve noticed this too. Not that long ago, when at 100% I could usually claim 9 account creation tickets. Now it’s down to 6, sometimes 5.
So the RCs required for account creation vary depending on how many people are claiming? I didn't know that since I don't have enough HP to claim a single one.
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Twitter NFTs? wtf did I miss?
I knew people could sell their tweets as NFTs but the product wasn't launched by twitter and it was certainly before the Splinterlands twitter ban.
First I've heard of the Splinterlands ban. Probably because I've never used Twitter. Pretty scummy on their part, but not surprising
The hypocrisy of Jack Dorsey though, with all his recent talk about decentralising social media...
I'm gonna get in too. Moon bebeh!
ive never claimed any accounts. My RCs are always just 100%. I never understood the reasoning for getting the accounts.
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That's all well and good, but you actually can't afford a single token by the looks of it.
Perhaps it's above your pay grade?
It's really not worth doing unless you have a ton of Hivepower.
I'm controlling 220k HP so perhaps I bring it up too often.
Not worth it unless you can claim multiple tokens a day.
Nothing is above my paygrade per say but I need to know why its a good idea and I never really understood the account claim thing.
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i think edicted looks at it like web domains. hive has names as wallets so if you claim some cool usernames maybe sometimes in the future you could sell them. i don't want to do this as i would lost all that passwords. no idea how edicted is storing all those hundreds of accounts :D
well if that were the case it's like domain squatting which proved not work over time but blockchain could be different because nobody is in charge. I had thought of getting the cool names early on steem but felt it wasn't worth it. Like you say, just too much admin and not enough earning in the rewards pool. That's the fun part. In the name game steem is better than Hive though. Steem has a high PR rank and also the pages rank in google surprisingly high. But steem sucks lol
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If you let your RCs sit at 100% you are wasting a resource,
just like if you sit at 100% voting power you are wasting your resources.
got it. Good point. For now it doesn't seem mine are needed for what I do because they are always near 100%. It would cool if there was a way to delegate RCs when they are needed
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The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.
Yep
The learning curve is steep.
Nothing reminds you of how complicated crypto is like onboarding normies.
Good effort though
I would be happy to be introduced to Litecoin though,
Where can I sign up? 😂
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RC market is deginately one to watch. My special project accounts definitely feel the pinch ov[ccaisionally with their 20 HivePower.
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I have already sent a legal warning letter to Twitter about the Splinterlands banning. They reversed it shortly afterwards. Maybe a coincidence or results of the Splinterlands PR campaign.