RE: RE: Layering In Bids to Defeat the BidBots
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RE: Layering In Bids to Defeat the BidBots

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With the volume collapse I've stopped my bots as not worth the time it takes to watch them.

I've only used the bots a couple of times. It seems to me that the swap bots are dependent on the exchange. So, I'd rather drop bids on the exchanges.

I consider the coins I've staked to be lost to the world. I suspect that STEM will follow PAY, BLOG, PAL and all of the Steem-Engine coins into oblivion.

The only thing in question is the speed of the collapse.

Some people refered to STEEM/HIVE as game of catching falling knives. The question is whether or not one can make enough from the inflation to cover the cost of the coins.

Since most coins won't pay off, I simply content myself with the idea that that the coins can reward content creation.

Speaking of the volume collapse. It appears that this collapse happened because of the 20% interest on HBD.

The interes rate is not sustainable. The HBD drags down the price of HIVE and HE.

I keep hoping that the witnesses will realize that selling HBD at junk bond rates makes HIVE appear to be piece of junk in the investor community.

Since 20% is unsustainable, there is a point when the witnesses will capitulate. When that happens, the HIVEans that remain are likely to start putting the HBD earnings into HE. Who knows, HIVE might even start attracting new users again.

!BEER

@irivers: With the volume | Ecency