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     2 years ago  

    The use is what is made of it. Do whatever you like with the token. I see the use case currently as fun, and learning. I think both are valid uses. What grows beyond that, who knows?
    !LUV

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       2 years ago  

      That's clear, thank you for the explanation. Is there a maximum of Hbits to be mined? At how many we're at the moment? And what are you going to do when that maximum has been reached? Have you got any plans for that? !CTP

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         2 years ago  

        Is there a maximum of Hbits to be mined?

        Max is 21 million, just like Bitcoin. The max, by the way, for the other tokens in Wusang can be seen at https://wusangisleofblaq.netlify.app/pages/play.html - they're even more rare.

        At how many we're at the moment?

        For HBIT, 40,000. See https://tribaldex.com/trade/HBIT and click the "i". For the other BLAQ tokens, I went ahead this morning and issued the max amount to the @hivebits account. I debated whether to release them all or not, but I didn't want one of them to run out and the "well to go dry." Those tokens will sit there and only be released by the wusang bot as they are found. Since we are only one day into Wusang, the following have been found:
        BLAQ: 26
        BLAQGOLD: 10
        BLAQEMRDLD: 1

        And what are you going to do when that maximum has been reached?

        When they're all mined, they're all mined. There are no more...finite scarcity at its best!

        Have you got any plans for that?

        I can't do anything then. The only way to get those tokens then will be on the open market.

        !LUV

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           2 years ago  

          Thank you for your kind answers! !CTP

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           2 years ago  

          @wusang, sorry! You need more $LUV to use this command.

          The minimum requirement is 10.0 LUV in your liquid wallet.

          More LUV is available from Hive-Engine or Tribaldex

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             2 years ago  

            I see a lot of people mining HBIT selling them on the Hive Engine market. 🤔 However, due to the high supply and low demand of that token, the asking price of HBIT is a whopping 25 times its bid price. 😅 !PIZZA !CTP

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               2 years ago  

              Meaning, nobody is going to buy it? Still have to start to look into this Hive Engine Market. I thought we could just swap the tokens at the daily rate? !LUV !CTP

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               2 years ago  

              People are still going to buy HBIT, either as support for its creator @crrdlx, or to get the HBIT whale badge by being on the Top 25 of the HBIT richlist. 😏 Otherwise, the HBIT token has relatively very little value when you want it sold quickly if you try to sell it at the best buy offer price. 🤓 #NotFinancialAdvice 😅 !LUV !CTP

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