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Pump and Dump Discussion, Hive is an Opportunity Creator, etc. .:. Recap of Hive Humpday Hangout SE #11 (December 18, 2024)

I heard so many times things like... "I didn't hear about that possibility", or "I didn't know how it works", or "It's hard to find information about it", etc. But, on the other side, the same people are doing "their thing" without interacting with others, without searching for information... It's like that old joke when a guy is praying to God to make him win a lottery and God replies: "To win, you have to buy the ticket!"

In the same way, we have plenty of good sources of information, but people are not using them! One of them is definitely the #HHHLive show as it gathers information from multiple people, compares different views, raises awareness, and creates opinions! When you have more participants the value of the content multiplies!! Last Wednesday we had one of those shows... Use these places! Come by and ask questions! These people are GOLD MINE and you are missing out on absorbing their experience!

Recap of HiveHumpdayHangout FreeStyle11.jpg Created in Canva.com

As I had unexpected offline stuff to deal with, I didn't create an announcement post for this show, as I didn't know if I would be able to run it. In the end, I did a short notice in the Ecency Discord, but the show start had to be moved 1 hour later than usual... Despite all that, we had 10 people in the show (including myself) and we passed through so many different topics that participants brought to the table!

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On the day of the show, the markets began to crash, Bitcoin went down, and HIVE was already on the move down for a few days after the most recent pump (not the one that we had today!)... So, the obvious topic starter was a bloodbath on the markets, without the knowledge that it got much worse in the next few hours after the show... From that, @jza moved the topic to meme tokens and crypto sponsorships around the globe...

From that point, we moved into the show discussion about crypto cards... @jza had some news to share about the debit (prepaid and virtual) card that doesn't require KYC called XKode... After the show, I have researched it a bit and it doesn't look bad, but it does have higher fees and it's available only for PREMIUM members (additional membership fee)... All in all, having a crypto card without the KYC is a great idea and I hope we will have more of those in the future...

From the KYC, we moved to banks and the IRS... Not fun at all... 😃 But, it was fun as we shared some funny stories about our personal experiences with the "tax authorities", I had a couple, @buttcoins had some in Latin America, and @jza shared some funny ones too!

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As both of them (jza and buttcoins) are in Latin America, they have some "ground" information about the way how folks from there "understand" crypto... It looks like Latin America is much more open to changes, as you can spend crypto in more places than in Europe or the US... Also, more people are talking about it, there are more opportunities for meetups, and people in general are adapting faster to these new technologies... Maybe because it's a necessity to survive, the "adapt or die" scenario, but all in all, it could be very beneficial to them in the future...

That was an ideal topic to flow back into HIVE and how people perceive it... Unfortunately, many see it as an investment opportunity (while it can be), but it can be seen as an opportunity creator as it can give so much more... Especially with all the tools that are available in the Hive ecosystem...

While we were on that, @travoved jumped on the microphone sharing an interesting post where the author was talking about selling its house for BTC or HIVE! That's what I call a great use case for HIVE! Accepting payments in HIVE or working for HIVE creates the needed circular economy in our ecosystem!

Luckily, we do have people working for crypto! Yes, crypto has that image of being a "speculative asset", but it is much more than that...

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Just when we thought that we were on the firm ground, @buttcoins kicked us back to the previous HIVE pump... 😃 There was an idea out there that the pump was a "spearfishing" method where a big whale is trying to accumulate more tokens, and that it could be a different playout from the ordinary "Korean scenario"... When we were running the show, the HIVE price went down even more than it was before the pump, but the truth is that the BTC went down too... So, it was a cascading effect...

Was it spearfishing or not, I don't know... We had both opinions in favor and against it... But, it was a good discussion about how pump-and-dump schemes work, how they are executed, who profits the most, what are the risks, etc.

Somewhere around that time, @achim03 joined the chat too... Expressing his views about the FOMO that happens when the price starts to climb... Are we in "control" of our feelings during that time? Or we just jump the train and provide the "exit liquidity" to whales that are running the pump-and-dump scheme?

Speaking of whales, we were not talking about HivePower whales, but rather about those with a lot of liquid HIVE on their accounts... The majority of liquid HIVE is in the hands of Korean exchanges, which you can check out at HiveBuzz rankings page... Don't forget to sort it out by (liquid) HIVE column!

At the end of the show, we had to mention Hive games, like Splinterlands, Holozing, and Demonicore... Their influence on HIVE in the past, but also in the future...

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As you can see, we had a show full of different topics with a LOT of information to grasp! In every show, I learn something new and I bet that participants learn a lot too! Speaking of participants, we were a group of 10 people this time... Thanks, @achim03, @bemier, @bulkathos, @buttcoins, @duskobgd, @foxkoit, @jza, @melinda010100, and @travoved! Thanks everyone for participating!!!

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Thank you, guys and girls, once again! As a sign of appreciation, I will send some LEN tokens to all participants of the live show! You can pair them with LENM tokens, add liquidity to the diesel pool, and earn rewards! If you want to learn more about the project behind it, check out the @liotes account or visit the Liotes website... Of course, if you are not interested in it, you can sell tokens on the Hive-Engine market...

To encourage more people to come on the mic, I have sent an additional 100 Ecency POINTS to people who shared their thoughts in voice with us (this time we had 4 participants in voice)! So POINTS are going to @jza, @buttcoins, @travoved, and @achim03!

Special thanks goes to @melinda010100 and @good-karma for providing the space for the event!

Thank you for your time, --ph--


If you would like to support me, the easiest way to do it is to follow my account and vote for Liotes Hive Witness! https://ecency.com/@ph1102 https://vote.hive.uno/@liotes Appreciate your consideration and support!


Check out these links to the previous shows:

Episode Number Title Link
35 (Im)Balance Between Crypto and Fiat Link
SE10 ValuePlan Discussion, Funding Startups, Games on Hive, etc. Link
34 The Magical Kingdom! Talk with @hallmann! Link
33 How Do YOU Vote For Hive Witnesses? Link
32 To Delegate HivePower or Not? Link
SE09 3Speak issues and Discussion, Gambling Apps on Hive, Taxes, etc. Link
31 Quiz Time!!! - HHHLive 1st Anniversary Link
30 How HIVE Changes Lives Link
29 HiveFest9, Impressions by @ninaeatshere, @achim03, and others Link
28 How Do We Spend Our Crypto? Link
SE08 The Gang is Back, Breaking the Limits Link
SE07 Ecency Waves, HivePower, Splinterlands, HiveFest, LPs, and more! Link
27 How Hive Proposals Work? Link
26 Content Creation Experiences Link
SE06 Education, Traveling Ecency Spoilers, Hive elephants... Link
25 Why Did the Hive Price Drop? Link
24 What Do We Expect From Hive and Crypto! Link
23 Aachen Meetup and WorldMapPin Talk With @detlev! Link
SE05 Usernames Origins, Age, Early Retirement, Crypto Portfolio, and more... Link
22 Helping Hive to Thrive Link
21 Make Yourself Uncomfortable (on Hive!) Link
20 First Excursions Out of the Comfort Zone Link
SE04 BuzzParty Impressions, Weekly Recap, Bonfire Link
19 Ways To Buy/Sell Hive! Link
SE03 Foods, Crypto Research, Education, Predictions Link
18 Best Tools For Content Creation Link
17 Consistency and Adding Value Link
SE02 After Show Show Link
16 CBRS Philanthropy Chat With @minigunner! Link
15 Profit Taking Planning Link
14 Ecency/Hive Chat With @good-karma! Link
SE01 Relaxed "Exclusive" Session Link
13 Writer's Block and How To Overcome It Link
12 Hive-Engine Tokens Link
11 Hive Guidelines for Newbies Link
10 NY Resolutions and Creating Hive Goals Link
9 How Was Your (HIVE) 2023? Link
8 Presenta tu comunidad - ES/EN Show! - Part 2 Link
7 Present Your Community - Part 1 Link
6 How to Start on Hive? Link
5 Do You Upvote Quality Posts? Link
4 Genuine? Authentic? To be or not to be? Link
3 Hive Power, HP Delegation, HivePUD... Link
2 Hive Meetups, HiveFest, HiveBeeCon Link
1 Pilot Episode (Aired 2023-10-18) - The Vision Link

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👉 Vote for Liotes HIVE Witness HERE 👈

Don't forget to follow, reblog, and browse my Hivepage to stay connected with all the great stuff!

You can also find me on Ecency .:. Twitter

Comments · 16

  • @hive-lu(65)· 608d

    Hello ph1102!

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  • @bbhbot(46)· 614d

    @ph1102! @ironshield likes your content! so I just sent 1 BBH to your account on behalf of @ironshield. (26/100)

  • @ironshield(76)· 614d

    Pumps make me crazy. I want to see a slow but steady increase with only valleys and peaks. But that's not the reality, is it. !BBH

  • @hivebuzz(74)· 614d

    Ho Ho Ho! @ph1102, one of your Hive friends wishes you a Merry Christmas and asked us to give you a new badge!

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  • @jfang003(78)· 615d

    It's interesting to hear about the Latin America situation. I hope it changes for the better in Europe or the US.

    The timing is bad sometimes and you can't always prepare. I am glad that people showed up for a sudden show.

  • @josediccus(83)· 615d

    Africa and The US/UK are strict when it comes to crypto, but I think it's not so strict in Latin American countries. Seem like it was indeed a good show

  • @relf87(76)· 615d

    Sounds like an interesting show - you are good at summarising the show! Whether the pumps are real or not, I just shift my liquid Hive/HBD allocation accordingly to the price levels. A good way to grow my Hive account too! !LUV

  • @davideownzall(74)· 615d

    A debit/credit card without kyc would be a great solution, hopefully if one has pop up, more will come

    Hive today seems like going up massively

  • @bbhbot(46)· 615d

    @ph1102! @tsnaks likes your content! so I just sent 1 BBH to your account on behalf of @tsnaks. (4/20)

  • @tsnaks(68)· 615d

    Hive pumping like crazy :D

    !BBH

  • @mypathtofire(76)· 615d

    Sounds like another great show. Sad I missed it. Will you be doing a Christmas special next week?

  • @duskobgd(74)· 615d

    I'm almost not in this ranking with liquid Hive (almost the same as you, except I save close to 100 to have for PUM). And I'm not ashamed of that 🙂

  • @bbhbot(46)· 615d

    @ph1102! @borniet likes your content! so I just sent 1 BBH to your account on behalf of @borniet. (1/20)

  • @borniet(73)· 615d

    Reblogging this, as it’s always full of useful info!!! !INDEED !HOPE !BBH

  • @hivepakistan(70)· 615d

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  • @dantrin(64)· 615d

    I'm FOMO on this #HHHLive it's been a while 😥.