My Vote Weight At 100% Is Now Over $1

in LeoFinance2 months ago

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There's a lot of disagreement amongst crypto faithful. Some people believe the bull run is here, some people feel that without the altcoins joining BTC's massive pump we don't have a bull run yet. Others are completely undecided, and of course, there are those who are spectators, unsure of what's really happening.

I think everyone is right in whatever they believe in, and this is because everyone who has experienced two or three market cycles has a different perspective or opinion of what season we currently are, and this is because of their previous experiences. Experience cannot be bought with money, and it's one of the most important ingredients that helps people navigate their way in the market.

For me, I think the bull run is officially here, we just need the alts to play catch up for a few months, and we'll see a full-blown run.

Cannot Leave Hive Out Of The Discussion

If you're here, you cannot talk about the bull run without mentioning our own native Hive. We like to compare it a lot to other chains, to other crypto projects, and most especially, Bitcoin. However, I'm not going to do this. I was checking randomly hive-engine and I discovered that my voting power is now above the $1 range.

In fact, at 88% it's currently at $1.15 so I decided to check hivestsats.io where I can manually turn my slider, and I got $3 at 100% this is probably not correct as some of the stats on the site aren't correct, things like your stipulated 20% APR on HBD savings.

However, I'm going to use the stat on Hive-engine to refer to. I reckon that at 100% my vote weight is likely to be around $1.25 or thereabout, not I'm certain it won't be less. So at $0.44 my vote weight at 100% is likely to be at around $1.25 which translates to about 3 Hive at 100%.

At $0.88 Hive, my vote weight doubles to about $2.50, and around $1 Hive, it might just be at $3. So if I looked at $3 Hive, this would be roughly $9 vote, plus or minus. This is a rough estimation, but I'm certain the actual figures will not be too far from this.

Screenshot_20240310_120221_Hive Keychain-01.jpeg

For now

These figures are also tentative because even if Hive does 3$ it'll still take about 12 months or a little bit more for this to happen and of course, my voting power will have grown more than it is currently in 12 months, which makes $10 or $11 at 100 vote weight a possibility in 12 months (Not that I know the future, or certain about it, anything can happen before 12 months) I'm currently taking my life one day at a time and I'm not really banking on any occurrence as I've come to learn that life oddly changes, and completely too, different from how we initially planned it.

I'm only doing these calculations and permutations just to buttress my point. For someone who used to play my cards on futuristic occurrences. The death of my only brother and my current health condition have taught me to only take what the present brings, one day at a time. However, being calculative and predictive is an old habit, and it suffices once in a while.

However, for posterity's sake, these calculations are possible for people with some decent stake, especially if Hive can replicate the figures it did in 2021. I believe Hive can at least hit $3 even if it doesn't hit its previous ATH. $3 Should just about be possible, especially because we got better than we were 3 years ago, and at these prices, a lot of people will see a huge increment in their vote weight.

For example, the Curangel account could give about $800 worth of votes at 100% when Hive was at $3.4, I know this because I got equivalents of its downvotes in 2021.

The OCD account could easily go $500 back then, it was a crazy thing in 2021.

Hopefully, Hive will finally begin to move even better very soon. If you are not powering down and haven't done so in a while and you leave a comment under this post, I'll leave you a decent percentage of my vote weight.

Cheers! Stay powered up, and help the price to get even better.



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I’ve actually got a similar post in draft myself. Got mine to .72 at 100% which is crazy for me! I remember when hive hit ATH and my vote was 1.0 but I had like 12k hive power. Thinking I’ve tripled that amount, I will definitely be shocked what it could be as we keep going higher. This is just at a meager .43$ for hive right now.

I’m indeed torn as to what this is - run up and crash or continue? Uncharted territory here!

Congratulations to you too. I was obsessed in the past with getting my vote weight to 1$ and above, that was why I powered up a lot in the past. I think I did it in the last bull run. I think if hive does some great figures, you might get yours to the $5 or 6$ range.

For 0.43 it's a huge accomplishment, and we're going to go higher, it might just take time

Here’s a $1 upvote to celebrate your $1 upvote power!

Hehe, thank you I appreciate.

Congratulations. I am nowhere close to it yet but I do think that Hive going up is great for us here. It does hurt us a bit as we earn more HBD and less Hive though. All that Hive adds up over time and it's amazing to think what value our vote might have when Hive prices go up even further.

I'd love to have more hive. It helps me support others too as well, and for now it's more of the sought out resources that one needs at the moment. Don't worry, keep building your stash as you might just get there with time.

That's awesome, congratulations! You are officially a whale! How is today going for you?

Today is Sunday, I woke up checking my heart rate and my urine again. But, I did shake it off, pray for a while and church service too.

How's the heart rate treating you?

Well its not as bad, but I get worried when I move and it hits some figures. I want to keep it at Max 100 even when I'm on the go.

Mine's been giving me trouble today in the mid nineties. Had to take an extra beta blocker to slow it down!

Just a small size orca. Anyway I was just surprised checking it, that's why I decided to do a post. I just finished from my church service and I was like wow things are already changing, vote wise on Hive

Congrats on reaching your new upvote level. It is good to see upvote values growing in the bull market now. Hive has certainly suffered this bull market compared to the shiney new tokens and hopefully it will get it's time to shine again.

Thank you, I mean, having to accumulate and grow hive power by any means necessary is a really beautiful thing. You get to watch things like your vote weight climb and go up in the bull run. Hopefully we can see hive do another ATH this time.

That's pretty crazy and I wonder at what level that will get when Hive will surpass its previous ATH and move past $3 and more...

Thank you, it might get to $11 of more if hive gets to about $3 and more if it surpasses it previous ATH. Thanks for all your support

this is big news, imagine your vote value when Hive hits its all-time high.

!giphy Fantastic

@sagarkothari88 vote

!PIZZA

!DHEDGE

Thank you bro, it might surpass 12$ if hive hits another ATH.

I guess our Jose is now among our whale on Hive with over $1 at 100% vote weight. When Hive goes up more, there would be much vote weight percentage on posts. You said something about powering down, I'd wanted to do two days ago as I needed to have some liquid Hive in readiness for the bull run, but I changed my mind and cancelled it. I guess I should continue converting my Hbd to Hive while the alts should keep playing and catching up gradually.

Well, it depends. I just feel that with more hive power, people gets to support others and also help the network. I also sold some HBD for hive and powered up. Sometimes it's not even about having it's just about wanting to help others grow by staking constantly. Hive run hasn't even started yet, it's probably just beginning and over the next 12 months, it might be different.

Okay. Thanks for the enlightenment 👏

Hey Joe, you are in for a long term business here. So intentional about your HP growth . I see how you are supporting lots of accounts with your stake. I am hoping that we will see hive at $3 before the bulk run is over and by then, your vote weight will add a lot of smiles on our face

Yes, thank you. Well I'm here for as long as possible. So I intend to support as many accounts as possible, as much as they're willing to grow themselves to and support others. It's a cyclical thing. I'm taking it one day at a time I have hope in Hive.

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Congratulations on that achievement. It means you invested a lot of time, and ressources to get there.

I hope to increase the stake of this charity account to such levels as well in the future, so I can help even more people and organisations.

Well, good luck to you, it's a remarkable goal

I know this because I got equivalents of its downvotes in 2021.

It was really an annoying time for you as I could see the pain in your eyes when you talked about it at our meet up.
I'm glad you didn't give up and kept on pushing now you are celebrating a landmark. Congrats boss and more of it.👍👍👍

Thank you, appreciate

Wow! This is a great milestone and good development.

Yes o, thank you.

Eeiiiiii
That’s a big win
Congratulations to you
I’ve always prayed for this moment too

Thanks a lot

Hey Jose, I remember supporting each other when we run on similar vote values.
I sold some HIVE on BTC and took a break.
Nice to see where you are now pushing consistently, hats off.
Well done and I wish you ongoing success!

True, it's been such a long time indeed

happy to be back and to see you are on track 😎

Cheers and more power up to come! I also love seeing my vote value increase...but for what if may I ask?

It's an asset, plus, it's also used to support others on the chain.

This is great. I will agree with you that we are already in the bull run even though altcoins are yet to join.

This is true, we are in already

PIZZA!

$PIZZA slices delivered:
@bhattg(4/10) tipped @josediccus

Congratulations @josediccus! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You distributed more than 97000 upvotes.
Your next target is to reach 98000 upvotes.
You got more than 43500 replies.
Your next target is to reach 44000 replies.
You have been a buzzy bee and published a post every day of the month.
You have been a buzzy bee and published a post every day of the week.

You can view your badges on your board and compare yourself to others in the Ranking
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