BITCOIN AND ETF
As I sat down on my laptop after supper and did a little google on Bitcoin News and did a coupld newsonleo hashtags with the @bradleyarrow account I then started going through some threads and see this one from @thelogicaldude .
I responding and said I will try to put my spin on it because to be honest, the 99 percent are worried about 'number-go-up' instead of actual adoption.
The question is how can we make this benifit Hive? Besides what Task keeps preaching that we have to keep building, and we do, that Hive needs something to offer besides blogging, like databases. That aside let me put in my two cents worth.
First article I looked at was:
Bitcoin could soar 344% to $200,000 by the end of next year as ETF approval drives huge inflows, Standard Chartered says.
To quote:
"If ETF-related inflows materialize as we expect, we think an end-2025 level closer to USD 200,000 is possible. This assumes that between 437,000 and 1.32mn new bitcoins will be held in spot US ETFs by end-2024," Kendrick wrote, estimating that inflows this year alone could be $50 billion-$100 billion.
If bitcoin reaches $200,000, that would represent a price surge of 344% from its current level of about $45,000.
That being said. Alt coins, and yes at this moment of time, Hive is considered one. usually follow the price of Bitcoin. Today HIve is not but I am sure it will.
As price goes up, the general public get more interested in crypto. Much more. Even if it is looking to make a quick buck. As Bitcoin gets out of reach of the average person, as Wall Street takes it over Hive should become of more interest to people.
If just a fraction of people that come to Hive decide to look at our Use Case then that is awesome. We can get user growth. If we get user growth maybe they can help build. Add to data bases, build buisness on Hive.
Who but us that have been around a long time will do that with a 30 cent token? Next to know one.
As the GrandFather, Bitcoin, goes higher in price and the alt coins follow this should be good for Hive in the long run.
Thoughts Mr. Dude?
And now for my daily Building BBH report. Notice how I always say building? Even if what I am building is taking a long time. I am still building.
BUILDING BBH FUNDING UPDATE
| Hiver | BEE Donated |
|---|---|
| @heartbeatonhive | 30.00000000 |
| @benthomaswwd | 10.00000000 |
| @hopestylist | 2.00000000 |
| @flaxz | 20.00000000 |
| @jfang003 | 1.00000000 |
| @ericburgoyne | 3.32198940 |
| @iamraincrystal | 100.00000000 |
| @beststart | 285.30470666 |
| @ironshield | 100 |
| @pepetoken | 1 |
| @fantagira | 17 |
| @edgerik | 10 |
| @cccf | 10 |
| @hirohurl | 4 |
| @silversaver888 | 10 |
| @keechadkikali | 1 |
| @eyewaa | 2 |
| @kaycooks | 2 |
| @heruvim1978 | 13 |
| @bitandi | 5 |
| @fiberfrau | 4 |
| @yeckingo1 | 1 |
| @bulliontools | 2 |
| @ammonite | 10 |
| @fantagira7 | 8 |
| @sylmarill | 18 |
| @thebighigg | 10 |
| @cwow2 | 6.61515851 |
| @dbooster | 50 |
| @kerrislravenhill | 10 |
| Total Donations | 746.24185457 |
| bradleyarrow | 759.63810040 |
| Hive-112281 | 1,686.58463935 |
| total | 3,192.46459432 |
| goal | 10,000.00000000 |
| Left | 6,807.53540568 |
I want to thank everyone that has donated BEE to this cause so far. Remember to send them to the @hive-112281 account.
I am raising by asking for dontations and using the sale of BBH tokens to a minimum or 5,000 BEE to a maximum of 10,000 BEE.
5,000 BEE will get the OUTPOST off the ground. The other 5,000 will add to it, as in, staking, delegation, I need 1 BEE stakes for each active member of the OUTPOST. Etc.
So if you have BEE lying around in your wallet or if you want to be a founding member here it is.
AIRDROP
I will on launch of the outpost, air drop 20 BBHO for every BEE donated to getting this launched.
Max air drop will be 200,000 BBHO. There will only ever be this one air drop.
Some math for you. If we where fully funded at this moment and launched.
Approximately 3 BEE to 1 Hive 60 BBHO equals 1 Hive 0.00057 USD for BBHO if Hive at 34 cents.
Are you in?
BUILDING BBH
Saturdays are drip day. Now if you are not a regular reader of mine you are wondering what is drip day. This week 1274 Drips where sent.
I run a income token and tipping bot all in one. The token is BBH. Every Saturday I payout the people holding BBH tokens. Passive income if you like. I like to call it a 'drip' of a token(s) to the people that own BBH tokens. And unlike some all you have to do is own it. No staking, no nothing.
If you own 10 or more BBH tokens you got a drip of swap.hive.
If you own 5,000 or more BBH tokens you got a drip of swap.hive and the Alive token, and CTP Tokens.
If you own 10,000 or more BBH tokens you got a drip of swap.hive, Alive, CTP, and $LEO tokens.
All just for owning BBH. There are two ways you can get BBH. First you can buy them from the open market. I use TribalDex myself.
Or they can be tipped to you. The great part about BBH tipping is that when you tip a token to someone else you do not loose any of your own. There is a central pool that supplies them.
And a third way to get BBH would be people gift them to you.
TIPPING
In a 24 hour period, reset at new day UTC. There are currently four levels of tipping.
Level 1 = 1000 BBH holdings = 1 tip per day you can send
Level 2 = 5000 BBH holdings = 5 tip per day you can send
Level 3 = 20000 BBH holdings = 20 tip per day you can send
Level 4 = 50000 BBH holdings = 50 tip per day you can send
The tipping command is !BBH
ALIVE AND THRIVING
BBH, HIVE, INLEO and ME are alive and thriving.
May the tip and drips and positivity be with you.
Bradley