This Might Be My Last HIVE Power Up Day

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My strategy is to hold enough HIVE POWER so that my upvote will be worth over $0.02 USD. I actually want it to be about 0.025. As most users are aware. $0.02 is the payment threshold for upvotes. With my upvote over $0.022, I can start upvoting comments.

I wasn't planning on writing a power up day post. The large number of alt-tokens on HIVE-Engine makes power up day too complex. But, I decided that I have reached the point in my HIVE career where I start withdrawing the HBD that I earn from posts.

My account essentially 100% powered up. If the price of HIVE stays about $0.13, this post will be the last time that I power up the account.

The large number of tokens on Hive-Engine makes power-up day difficult. I powered up all of my HIVE and all of the alt coins in my Hive-Engine account. This table shows the tally of my account as of 2/1/21.

TickerTokensHive PriceHiveUSD
HIVE4,301.31.0004,301.312$589.28
LEO32.63.400110.915$15.20
STEM232.60.12428.847$3.95
HIVE SWAP9.71.0009.684$1.33
ARCHON4.90.2331.133$0.16
BPC1,364.90.0011.092$0.15
CTP4.10.2280.931$0.13
NEOXAG260.70.0030.782$0.11
PAL7.60.1000.759$0.10
CCC9.90.0050.049$0.01
PAY25,110.60.0000.000$0.00
GIFT384.10.0000.000$0.00
OMA*10,092.00.0000.0000.000
Total41,814.94,455.504$610.40

My Blurt Account has 1241.807 BLURT which the platform says is worth $8.69. I bought 2000 to add to the account. blurtlink@blurtlink lost 1000 BLURT that I sent the platform. That made me mad.

I am essentially 100% powered up in all of the platforms. I have used HIVE to set up new accounts, communities and tokens. I also lost 1000 BLURT when I used the blurtlink@blurtlink service.

At the beginning of 2020, I borrowed $250 to buy HIVE. I need to pay this money back. During the summer, the price of HIVE rose to $0.26. The value of my account was over $600 and the value of my upvote was over $0.02. I declared to the world that I would start withdrawing HIVE.

Before I could sell HIVE, the price began to drop precipitously. Instead of selling, I ended up buying another $230 in HIVE.

I am actually $480 in the hole. So, the real celebration happens when I pay back the loan.

While I am sad that this might be the last time that I press the power up button in my HIVE wallet; I might find the act of withdrawing money to feel more satisfying that powering up. I will keep staking my alt-coins.

  • I gave 100 HIVE to vagabondspirit@vagabondspirit to create the OMA coin. vagabondspirit@vagabondspirit gave me 10,100 OMA in return for services rendered. HiveStats shows that this transaction was wroth $1,200, but vagabondspirit@vagabondspirit does not have the funds to repay the loan. This is a very strange transaction that might make sense at a later date.
This Might Be My Last HIVE Power Up Day | Ecency