Honestly I don't think anyone is happy with where the price of the blurt token is now and also bout some of the conversations and changes going on around here. In terms of the changes to the community and percieved direction of the blurt core team in steering blurt it is very subjective if these are positive or negative moves. But when we are looking at the blurt price we can be much more objective and look at things with a cooler head without that emotional attachment.
With that being said I think that the performance of blurt has been beat up with what people are talking about on here a little too much. What is being said about blurt being driven into the ground and that being blamed on different people is kinda bullshit. If I look at where blurt was a year ago and look at where it is at today blurt has held amazingly strong against the USD and especially against Bitcoin.
When I started with blurt it was around $0.08 that was in April of 2021. This was a micro high at that time and in the months after that it settled in the $0.03 range and was mostly going sideways there. So looking at the chart above we are still actually above where things were at last year even considering the slow downward grind that we are seeing now. This is even through a major upheaval in the market and crash of coins including bitcoin. So through all of this blurt has been a relatively stable coin in a year window. That means that your earnings are stable and where your growth in value lies as a multiplier as you grow the number of blurt you have. I started with zero and even at this price point I have a few thousand $. It is not ideal but also not something to scoff at.
Blurt can not be entirely to blame if you bought at one of the high peaks above and now are seeing your diminished returns. The number one objective with any investment is to buy low and sell high. If you bought at the peak that is not blurts fault. Blurt will go up when the market goes up, you have to wait for that time or you have to buy now and lower your $ cost average so when things move up again you will get a return. (not investment advice just logic based upon market)
I have seen some complain that they sold their Hive at X amount and now their blurt value is 1/2X amount. That is such an unfair comparison because 1 you bought blurt at a high and 2 you sold HIVE at a high. If you would have held you hive you would be in the same situation. If you would have sold bitcoin you would have been in the same situation.
Almost all crypto projects prices are dependent on the price of bitcoin as it is the entry and exit to market for most fiat related transactions. If we look at the price of blurt in comparison to bitcoin from one year back to today blurt is up a good amount. Then if we factor the crash of bitcoin into this as well blurt has done an amazing job of counteracting that force. We get stuck looking at fiat as the comparison so often but this doe not always help us.
Point of this post is when looking at the performance of blurt sometimes we have to remove our emotions and our individual circumstance from the equation. All the blame going around about who and how blurt has been driven into the ground is is a deflection from reality and does not help the situation of blurt growing. It is purely FUD and it builds on itself. Blurt should not be your whipping boy for a down market.
I am not always happy with the way things are going here either especially on the social side but lets not get that twisted with the fundamentals and continue to throw FUD at different groups of people. If you put your time into blurt and post and curate you will get a return. If you entry point was a year ago like me there is a small return on the overall value of blurt but a huge return on the amount of blurt held. Perspective and starting point is everything.
Lets be fair and unbiased in our evaluation of blurt. If you were holding HIVE or even Steem wouldn't you be in the same place. Not to mention bitcoin. If you bought blurt and your investment is down heavily, take some self responsibility you entered at a bad time.
In crypto especially, people have to take responsibility for their decisions and stop blaming projects when they buy in above the trend line.
It's all a mad gamble at the end and isn't it common to say do not invest unless it is money you are willing to lose
There is some lingering aroma of FUD in this platform, but people's sentiment changes and all the negative perception about this platform would soon dissipate particularly when the bear market eases down, people who are profiting elsewhere will soon take a second look at Blurt and they could invest.
Some factors has to be met to push the Blurt token price high, basically it has to be exposed to popular exchanges so that Blurt can get more customers, it will add to the scarcity factor and energize trading although it is not easy, for now no one is willing to pursue that because of the fees need for one thing.
So for now we just have to look at the long-term but it is possible to achieve results immediately, after all nothing is certain to anything anyway.
Agreed that other exchanges would be a big plus. Perhaps the core team could be transparent with us on how much that will cost and we could crowd fund on the platform to do this. But that would also mean a large sale of blurt to do that which would hurt the price in the short term. When they say it is very expensive how much are we talking? If we all put in a little bit especially if we could use some other crypto assets other than blurt to do it maybe we could get somewhere. But I would not say we even try this under the current sentiment.
This is a case of like a person trying to apply for a job for the first time but the employer wants you to have an experience first.
What I can remember about listing in Binance aside for the fees is that the Blurt token should have a minimal threshold about its marketcap, I think that megadrive knows about that issue. That is why this platform needs investors so that the marketcap could rise and from that point will only be the starting point for working the crucial factor of listing, to binance in particular.
Ok that makes sense. Good point.
I came in here from Hive about 5 months ago with about 2500 USD Hive (Blurt was at about 2 cents) AND I have been massively buying in the dips and powering up since then!!! What is left???? Let me check my wallet: $1248 !
I have lost about about 2000 USD combining my Hive invest with my buying in the dips!!!!!!
This isn't fud!!!! This is a fact!!!!!
I will continue to power up!!! Showing everybody how it IS DONE RIGHT!!!!!! That doesn't change the fact that I am pissed off though.....
I saw you joined in march that means you bought most of your blurt tokens in march and april. In April hive was $1.2 and now hive is $0.5 that means your $2500 would have been $1250 even if it was left in hive.
I know blurt price is effected and people are not happy but with btc coming down everything has to come down and a strong currency like hive has dropped in value so what can we expect from blurt ? We are still not known globally.
Let me talk about some future probabilities. you have 290k blurt at the moment.
If you sell it all at 25 satoshis now you will have 0.0725 bitcoin with you. Do you believe bitcoin will break it's all time high ? I hope you do believe that and let us assume that it goes $70k+ in next bull run. If that happens you will have $5k.
Another probability is blurt recovers , with some good development ( Projects like Defi and NFT ) it is possible.
We all agree that blurt is effected more or less , no doubt but let's do something together to recover it. Marketing , Collabs , etc , wahtever can be done should be done.
Thank you
I did massiv powering up... Probably almost as much as I invested Hive.
This is a fairytale... Blurt has absolulely nothing to do with the BTC price.
This isn't an option for me, because I need the BP for upvotes!
How about we start with the basics? No more powering down on the big accounts. Founders/Devs are role models for the community AND responsible for the blockchain and its price!
I understand that some are dependent on the money to exist... But the others should start acting like entrepreneurs and not workers, that are recieving their pay every month!
I'm sure when it rises, you'll be smiling gloriously.
You are very optimistic brother😜... There are a few things going on here, that I absolutely disagree with and thus am addressing!!! I hope a change starts to set in here!!!!!
But if you would have held your HIVE alone how much would you be down in that same time period? That is the point also. 5 months ago was when HIVE was wavering around $1 to $1.20. Hive today is at $0.53 if you would have held your hive alone it would be at $1300 right now. You can't put that one on blurt. This is also fact.
Also look at the number number of blurt in March after your initial buy compared to the number of blurt you have now. Now look at the value if blurt rebounded to the exact same entry point. Without a gain in blurt you have a significant gain in overall value. There are not many projects that can show you that.
But I like your tenacity and willingness to continue plus your work as a witness. You are not happy but you are holding conversations and not calling people names. That is how we can help to build a better blurt. Thanks for your contribution.
Thanks for your kind words mate! 🙏 It is much appreciated! I really want this to work out for all of us, so when I see things, that aren't good for Blurt at the moment, I am calling those things out... Putting a bit of pressure in the issue. That is my way of doing things. Some people here don't like that, I know...
Last but not least: I love Blurt and I am staying! 👍
I agree with some of your ideas in the article, but the ratios in the comparisons are too optimistic. I have full faith in Blurt, I will continue to make purchases on my own, there is no problem in this regard!
When I entered Blurt, the price fluctuated between 0.02 and 0.03 dollars. If we compare it with the current price, we see that it has dropped to 1/5 price. None of the cryptos compared in the same period fell to 1/5 price. They lost value, but not as much as blurt! I think that the negativities in blurt have a direct impact on the price drop.
Once again that is your entry point. That was at the top, to get to that peak blurt was doing way better than the other coins and was raising while they were falling. You can not look at the top and look at the bottom now. That is why I had us look at the perspective over a year.
It would be really nice if its price would be increased. I made a plan to profit like one thousand dollars from here and then work as a witness to help other users and always teach everyone something beautiful like you with this knowledge and It is with this hope that I work on the platform and enjoy the updates from you and your team members about Africa and Africa updates and your awareness and travel posts. I do. Thank you for sharing such a beautiful program with us. Be well and stay healthy always
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Blurt held up better than all other tokens tho till ppl started treating the investors like criminals that to me is the number one thing affecting blurt. Let’s celebrate them not blame them.
I agree with you that things were not handled well with these whales. But I also know that this community is not going to grow and the price grow with a handful of whales/investors that come on here and make demands and then behave toxically when they are not met. This is the down fall of human interaction especially when it comes to money. And also a crack in the DPOS system where big players in terms of money are given more power. Money does not always equal intelligence or what a healthy community needs.
We should also not forget about the hundreds of moderate investors because they are the heart and can not threaten to tank the price if they do not get their way.
Sir please vote my post and support me too🌸🌸