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Bees, bears and bagholders by tarazkp

View this thread on: hive.blogpeakd.comecency.com
· @tarazkp ·
$60.80
Bees, bears and bagholders
<div class="text-justify">


Looks like it might be a good day for some of my tokens, as Hive is making a formative move into what I hope will be a nice spike that'll shake some coins loose that I can pick up on the turn. While I do trade HIVE a little, many seem to have a price in mind for what they are willing to sell their "bags" at, but I wonder how many actually will be faithful to that figure. 

I know that even now, I have already sold and bought back for small percentage gains, moving the next sell up the ladder a little - knowing that eventually, I am going to miss either side, where a spike happens to clear me out, or it doesn't dip hard enough to fill my buy orders. Luckily for me, the amounts I am playing with aren't that significant and, I don't mind being stuck with a little BTC on this. 

![bees.jpg](https://images.hive.blog/DQmSFvDDzSFxSNgLTwEVWX8dDQoy9zw9BZ6Veq2XhUfkLpX/bees.jpg)

@organduo was mentioning "crypto coffee dates" with his wife @laputis, where they would go and grab coffee and cake using crypto. This is a good idea and I think I should have been doing the same with my wife - not because we don't go out occasionally, but because it would have proven to my wife that it is indeed usable and not fake internet money at all. Perhaps then, she would have seen the potential and agreed to buying a couple Bitcoin in the 5000 range last year. In my desire to hold, I failed to consider the human condition of my wife, someone who isn't literate in the ways of crypto.  

The price hit 54 cents on Binance, which is great, but far too cheap for where we are heading in the coming months, so I am looking to play a little and see if I can increase my stack. Of course, traders will nearly always chase ROI, and there are likely a lot of other tokens out there that can offer a higher potential than HIVE, but what else do they offer? I think many are going to be pump and dump opportunities, where many will end up holding the bags. 

I have never understood why people take glee in leaving new investors with the bags, yet want mass adoption of the industry. It has to be about building useful products and services that will not leave bag holders, they will create *customers.* Once the focus moves from speculation to sustainable business, the entire crypto industry gets ratified in the minds of the mainstream and the hype in the media isn't around price, it is around project. 

This is much like the electric car industry, where only a few short years ago, the articles were about generalized electric cars, but now the articles are about individual models. This is what is happening now, where news media talks about crypto and bitcoin, but later they will be talking about Hive, Splinterlands and Leo Finance directly. The power of the mainstream media to shape public opinion is huge and once the initial hype on price phase is over, they are going to "ape in" (as @edicted would say) on shilling projects, as they will want to be part of driving the hype train for news and views. 

I am glad that people are getting excited about price and I really hope many will sell a bit and make "real" their time and investments in some way, so that they don't end up in my position, with a partner who doesn't get - *didn't get it.* She is learning. The other thing I hope is that people realize what it feels like to have a vote on their stake that distributes considerable value to the people they enjoy here, as it feels great. 50 cents, 1 dollar, 3 dollars.... 

This year has the potential to be mammoth for Hive, the kind of year that will make the following bears - *bearable.*

*If you are going to hold bags, make sure what they hold is useful.*

Taraz
[ Gen1: Hive ]

</div>


Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@tarazkp/bees-bears-and-bagholders)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 696 others
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vote details (760)
@bashadow ·
It was nice morning,I woke up to that 50 cent price and my account value just over $4,000. Pretty exciting to see, but then again I was pretty excited when we were doing the bounce between .25 and .30, still holding my Hive, but since the conversion of HBD to hive is under a 3 to 1 ratio I decided to move it to ionomy and turn it to btc and see what happens in a month or so.

Still it is nice to see the rise in the price.
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@tarazkp ·
yeah, I have a little HBD I might play with also. :)

Looking forward to the dollar Hive?

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@tarazkp/re-bashadow-6nzpc1)
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@bashadow ·
It will still be some time before I make any withdrawals, what would be nice is when I am ready if the price was over the five dollar mark. I'll still try to make a post or two a week, and try to earn a few more, my goal is 10,000 HP by years end, and I hope to make it well before then.
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@creativemary ·
Not a bad idea. A crypto date....I try to imagine the face of someone who wants to pay with crypto in a restaurant and see the surprise on the waitress face: you want to pay with what? But long term... This is becoming more and more a possibility
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@fieryfootprints ·
$0.16
I am just glad that I bought some hive before the last power up day. Now my euros are barely worth anything. And it seems like in the future they will be worth even less...😜

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@fieryfootprints/re-tarazkp-3dw2l4)
👍  
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vote details (1)
@tarazkp ·
I hope that it will be really valuable for you later :)
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@fieryfootprints ·
Thank you very much.
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@hivebuzz ·
Congratulations @tarazkp! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

<table><tr><td><img src="https://images.hive.blog/60x60/http://hivebuzz.me/badges/postallweek.png"></td><td>You have been a buzzy bee and published a post every day of the week</td></tr>
</table>

<sub>_You can view your badges on [your board](https://hivebuzz.me/@tarazkp) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>


To support your work, I also upvoted your post!
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@imawreader ·
I say, **HIVE!** 🐝
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@joanstewart ·
Only way we are able to "buy a cuppa coffee" is to bring down into fiat where tax mans grubby paws are first in line. Wait perhaps in time it will happen, who knows possibly Hive honey to sweeten.
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@tarazkp ·
>Only way we are able to "buy a cuppa coffee" is to bring down into fiat where tax mans grubby paws are first in line.

This is why I stay clear. :)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@tarazkp/re-joanstewart-2fmdbu)
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@joanstewart ·
One day, we can all dream with our eyes open... 
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@karinxxl ·
$0.16
coffee and crypto, I should shill this idea to some friends but they must likely immediately think I own half the stash of BTC printed. It is always half way back or forth in if you are in or out it feels.


I sold my crashed car for EOS a couple of years back. EOS had a faster transaction than the banks on my island (3days), which seemed like a good idea (not mentioning the bear afterwards) but it was for real cash in the end
👍  ,
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vote details (2)
@tarazkp ·
>but they must likely immediately think I own half the stash of BTC printed.

This is why I don't now - Lunch would wipe me out. :D

Is EOS still going? :P 
I think that it is a pretty decent option for many people who are relatively isolated  to use crypto. My brother has sent some money from Australia for my daughter occasionally. 3% in fees and 5 days to transfer... over the internet. It is ludicrous.
👍  
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@karinxxl ·
> Is EOS still going? :P

hahaha good question! Well uhhh, I watched it down for years (this was a 2018 car sell) and decided recently to ditch it for something with hopefully more potential. So year...this turned out to be a VERY cheap car :S

But indeed...for these abroad transactions crypto is actually perfect compared to the speed and costs of banks overseas.
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@meesterboom ·
$0.16
Crypto and coffee dates. I'm in. With my good lady that is, I ain't hitting on you. It's a fine idea and it did show the real world utility instead of magic internet money.
👍  , ,
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vote details (3)
@tarazkp ·
$0.10
> I ain't hitting on you

I had my hopes up, and was at half mast already.

I am thinking that at some point, I will take some of the guys at work for drinks on crypto.
👍  
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@meesterboom ·
Half mast. Lolz!

They still won't believe you. It's happened to me
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@optimusre ·
**Orginal comment** :   Hive  moving up to inspire bloggers
**The post reblogged and upvoted by me**
Thank you @tarazkp
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@organduo ·
It's nice you mention our crypto dates. @laputis says she started to believe crypto was real when we visited London a few years back and she saw an ad with several top 10 crypto logos on a taxi cab. 

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@organduo · (edited)
Fast forward to this year and just yesterday she said maybe she should buy some Bitcoin. Doesn't mean she will buy it just yet but at least crypto has already found some place in her mind.

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@tarazkp ·
baby steps :)

One day she will have a stack :D

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vote details (1)
@tarazkp ·
It is funny how many little things there are around, once looking for them :)

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@ryivhnn ·
> In my desire to hold, I failed to consider the human condition of my wife, someone who isn't literate in the ways of crypto.

Damn you were a bit too eager to hold then weren't you XD I used some to buy JJ some Magic cards a couple of times and have also cashed out some steem previously to get cat stuff (was supposed to also get cats with it but ended up with free cats).

And J is still not into crypto so I don't know maybe it wouldn't have helped anyway XD

I can't do the trading thing so I'm just magic numbering anything out now (haven't hit yet), PHUD took over the magic numbering I was doing for powerup.
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