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31,000 Hive Powered Up! @molometer

You may be wondering why I Powered Up another 31,000 Hive this week when many people seem to be doing the opposite.

The simple answer is that it took me over 8 years to get to dolphin rank just by posting and commenting on peoples posts.

In those years I managed to accumulate a few thousand HBD when hive was between a $1.00 to $0.30 per token.

At these current prices I have leapt from dolphin to Orca in two trades of HBD to hive. In fact I'd already hit Orca on my first trade about 10 days ago.

The second trade was a no brainer. I don't really want the chain to be in debt and that is what HBD represents.

31,000 powered up @molometer

Another thing that I noticed is that my curation rewards began increasing. See above.

No more HBD staking

I won't be staking any HBD until the debt burden drops. The chain has stopped issuing HBD for the time being anyway so why hold it when the peg is flailing around.

To a new person coming to Hive this may seem like an impossible thing to do but take a look at my blog.

There were years where I didn't earn a bean but it was never about money for me. It was about stability in a fast moving technological landscape and I've met some incredible people.

I think I got one whale vote in the entire time I've been here. I did get a lot of support eventually from some dolphins and orcas.

93,000 Hive Power

So what does it mean?

Below you can see my stats including my vote strength and my ke number.

If you have a ke number above 1 it means that you have withdrawn some of your stake or earnings. Some people get all bent out of shape if they find an account with a high ke.

Which is kinda weird considering that this chain was always marketed as a place to earn money?

Of course a high ke number can also expose the rampant extractors and it does but that's another blog for someone else to write. I try to avoid onchain drama.

There's an old saying.

"Buy when there is blood in the streets"

The above means people are panic selling.

My saying is this.

"Buy when there is no one in the streets"

The above means people have lost all hope and are apathetic.

There is a lot of apathy around at the moment and Hive is on at fire sale prices..

**Did I call the bottom? **

I don't know and I don't really care. I'm looking forward whilst other's look back.

Onwards and sideways to the future. 🤔😂👍

Comments · 32

@drakedukane(50)· 9d
Thinking about buying a national lottery ticket today @molometer. Dude any chance you could lend me your crystal ball before I pick the numbers? 😎💰
@dlmmqb(75)· 9d
Congratz for gathering alot of commenters like hive party :)
@gabrielatravels(79)· 9d
What a cool power-up!! Well done and great job!!
@oflyhigh(86)· 9d
Absolutely remarkable!
@costanza(78)· 9d
Nice going converting the HBD to Hive and powering that up, I did it with the little HBD I had a while ago and started cost-average buying 5k HP each week. It does kind of feel like setting money on fire as a lot of the HBD out there is bound to be converted into Hive to dump that on the market.

If anything, now is the time when the ones who have been here for nearly a decade step it up and really increase their HP by a lot. Like you mention, it took almost a decade to grind your way up and now for very little money you can double or tripple all that work.
@adetorrent(78)· 9d
That's amazing man. I remember being an Orca back in the day haha. I hope Hive returns to it's past glory. That'd be awesome.
@twicejoy-sports(65)· 9d
What a massive leaps. Congratulations on your new achievement. 200k HP soon @molometer
@web3creative(63)· 10d
Well done. I also picked up a bit of HIVE at these record low prices. If there was ever a good time to pick up some $HIVE, it's now. Not saying you should mortgage your house, but you can buy a few $HIVE instead of two weekend beers 🍻
@deepresearch(71)· 10d
Nice! I have sold all my HBD in August and powered it all up. After third cycle on crypto it seemed easier to spot this moment. Price will bounce up eventually.
@wiseagent(81)· 10d
Such a massive move into the right direction.

Well done, @molometer.
@jocieprosza(68)· 10d
That's very thoughtful of you! I am still very pessimistic about the direction the Hive follows
@offgridlife(74)· 10d
I sold all my Hive close to $3 …. So I’m starting over again from zero. It’s a great time to buy Hive and Power up. Working my way back to 1 Million Hive Power.
@livinguktaiwan(81)· 10d
Great work @molometer !!!
@johneyreacko(63)· 10d
Just curious. How does HBD represent debt? I'm a layman in many regards, it seems. I'll be powering up too given the low prices
@finpulse(77)· 10d
Great move, Congratulations on the power up
@steevc(80)· 10d
Is it a coincidence that $HIVE has gone up a little? It's great to see people level up and this is the time to do it. I'm looking to convert more of my HBD as more HP means I can distribute more rewards.

Have fun!
@vipservice(58)· 10d
That's quite impressive and inspiring to see someone with so much Hive Power these days. How much did you put in of your own money, compared to how much was earned over time through posting and curation?
@vipservice(58)· 10d
That's quite impressive and inspiring to see someone with so much Hive Power these days. How much did you put in of your own money, compared to how much was earned over time through posting and curation?
@atnazo(77)· 10d
WOW nice, another big hive power up!

Congrats!!!
@indiaunited(71)· 10d
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating to @indiaunited. We share more than 100 % of the curation rewards with the delegators in the form of IUC tokens.

Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.

_{100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.}
@bhattg(80)· 10d
This is best time 😁. Congratulations 🎉👏.

!PIZZA

!PAKX
@fieryfootprints(74)· 10d
Congrats. You keep reaching new heights. Yesterday I once again powered up 1100HP as well. I would like to buy way more but at the moment that is not an option.
@pizzabot(60)· 10d
PIZZA!

$PIZZA slices delivered: bulliontools tipped molometer @bhattg_(1/15) tipped @molometer

_{Learn more at https://hive.pizza.}
@bulliontools(75)· 10d
Nicely done! That's a huge power up! I bet it feels good seeing all that HP but also being able to give out larger votes. Congrats!

!BBH !PIZZA !ALIVE !PAKX
@leaky20(79)· 10d
Wow! Another massive power up and so soon after your other huge power up. Good for you. this is really awesome
@mshbd-bot(48)· 10d
Excellent work crushing the daily Ecency leaderboard quest, @molometer! Incredible strategy and commitment to reaching Orca status through patience and smart trading.

Tipped with Ecency POINTS.

_{AI Assistant could make mistakes. Admin: @mshbd}
@revisesociology(82)· 10d
Tasty! Very nice, almost up to that 100K!
@slobberchops(82)· 10d
Yes, Ive been pumping mine up too, I hope were not doing dumb things.. this time Im not so sure.
@basilmarples(65)· 10d
super cool. I was looking at how low hive is and thinking maaan i wish i had some hbd to swap! becoming an orca is definitely a moment.....congratulations!
@melinda010100(80)· 10d
Congrats on building your account and even bigger congrats for using Ecency! You know to ask anytime you have a question. You can always find me in Ecency private chat or in the Town Square Community chat.

Sending you a tip!
@lydon.sipe(68)· 10d
Wonderful news friend! Proud of you!
@molometer(72)· 10d
This is my first post on @ecency for a long time. I think I've got my head around the ui ok although it took me ages to find my vote power thing. 😂👍

I'm enjoying this new ui version and will be posting more here.