Yeah… I earn about $ 400 a month on HBD savings that I roll into Bitcoin and Blurt on the Dips. Eventually I will be able to buy all the Blurt on Hive-Engine and Probit.
RE: D-Central Bitmain S9 Antminer on sale for $40
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D-Central Bitmain S9 Antminer on sale for $40
That is pretty good flow on the monthly and then being able to waterfall it into Blurt and Bitcoin is really solid.
It used to be a lot more but they dropped the APR on HBD from 20% down to 15?% …. If it keeps dropping I’ll have to convert my HBD back to Hive… I earn about 12 % with Hive Power Curation + Hive Power APR … simply upvoting other bloggers …. But you can’t beat the 34% you get with @jsup and @upvu delegation on Blurt and Steemit
Personally I feel like they should have kept it at 20% with the HBD and focused on stuff that was going to grow the ecosystem but they don't actually want to really grow it. Seems like STEEM somewhat has that floor level of $0.15 or so but it might punch through that floor. It's hard saying but to erase the 34% from this point if a lot was bought at these prices would be under $0.10 at this point.
The low liquidity worries me with Blurt and always has.
I have done a lot of hard thinking on these systems and I think the DAO / Proposal system is super important and there has to be the inflation to pay for the development and continuation but most of the apps / system on a blockchain level have outside revenue sources. Some have toyed with Ad engines but the point where that would have really worked well was when STEEM was on top and was generating a ton of traffic from Google and other search engines but Steemit INC didn't act soon enough.
It's certainly a mind bender when I think of these funding models and other yield generation farming tokens like BSW (BiSwap) and CAKE (Pancake Swap) and OSMO (OSMOSIS) got a little bit of bump this first part of the bull run but didn't go up much and people continually chased after memes and there have been so many of those this cycle which in some respects worries me because there was no real new "mouse trap" yield generating thing this cycle and most of the time the end of the cycle is a huge proliferation of new tokens that are replications of each other. The 2013 / 2014 cycle were tons of Litecoin clones. 2017/2018 were a huge amount of money grab ICO tokens. 2021/2022 were tons of farming tokens. This cycle so far hasn't really been anything NEW NEW.... mainly a bunch more memes so far.