Just a quick update, @sbdpotato has been dubbed "The Little Engine that Could", it is still chugging away on Steem, purchasing SBD and converting it to STEEM in a "rinse-repeat" fashion to reduce the debt-ratio and hopefully helping to support the price of STEEM and SBD for all those still powering down to get their tokens out of the centralised blockchain Steem has become.
Despite what has happened on Steem, I always keep my word and will send back the sbdpotato funds to the Steem SPS when it is no longer needed or at an earlier timeframe should I choose not to support it.
The Potato project will continue on Hive as soon as @stoodkev can carve out some time to adapt the sbdpotato code to work Hive as well. I understand he is extremely busy with Hive Keychain and other urgent projects and will get to it as soon as he can.
I have registered the @hbdpotato account and once the proposal funding ends on the 16th of April 2020, I will transition the funds to the newly created @hbdpotato account and arrange with @stoodkev to get the engine running there so we can continue to chip away at the HBD surplus on Hive.
Thanks to everyone for your support of the potato proposal and helping to support the peg.
Also special thanks to @arcange for the SteemSQL subscription sponsorship.
If you like what I do, vote for @thecryptodrive witness with either of these vote links: https://peakd.com/me/witnesses
https://wallet.hive.blog/~witnesses
Or use the quick hivesigner link: https://hivesigner.com/sign/account-witness-vote?witness=thecryptodrive&approve=1
@tipu curate
A huge hug from @amico! 🤗
Thanks so much @amico!
My pleasure, mate! 👍
you have been doing great work on the steem community and seeing you replicating the same now on the hive is something worth appredciating you of
Thanks @rockor, let's make Hive great together!
Hello @cryptodrive please have a look at your delegation to @ctime. He/she is using it for downvoting users who are moving their SBI shares to Hive. I moved mine a few days ago and have been downvoted this morning. This just doesn't make sense as this goes against the whole idea of sbi/hbi.
That is really silly behaviour, personally I don’t like downvotes for the malicious aspect, there is a new chain launching before 4th July called Blurt which will have no downvotes. I will review my delegations when I get a chance.
Yeah I've gotten two rounds of downvotes from that guy today and yesterday.
I hope Dlease really takes a hard look at this. This should not be what this blockchain is about. You wanna protect from spam and abuse, fine..But going after people who put their entire life into this blockchain.
I am really concerned.
@ctime do you have any explanation for this?
Thank you as I feel the same way you do on this. If someone deserves it for abuse that is entirely different though.Appreciate your response.
past time to give up on Steemit; let it die in it's own rotting filth.
best to move those funds here as soon as possible, before ppl realize what a joke STINK is, and how that joke undermines the potential of decentralized crypro in general, but for STEEM specifically
People still need to get their Steem powered down, I know Steem is a dumpster fire, but it needs to maintain price for a few weeks more so people can get their funds out without making too much of a loss. Regarding the SBD on sbdpotato on Steem I will send that back to the Steem dao when no longer required and leave it at that, I won't be bringing it here "Let Ceasar have what is Ceasar's" or in this case Justin. I will remain above reproach and send it back where it came from.
By Steem dao you mean the Steem proposal funding system? Seems like you could just let it run in perpetuity.
Yeah it could run perpetually until such time as it loses enough on conversions to run out of funds. I guess some people may want it returned when the health of the peg is stable, but I think the peg will always fluctuate up and down so may never get to the perfectly stable point.
agreed, I see what you're doing, but I would argue that over the long term, it is better that Steemit goes away
It's not really possible to go away entirely, will likely just keep going down in marcap rank, many low ranked coins still have some small following, Steem likely will just become totally Asian in content.
that is too bad; one of the selling points was that a decentralized platform could create real human connections globally; a very different concept than the economically corrupt globalization the burrocrats and multinationals are pushing
Yeah agreed, Hive can become that hopefully.
I'm not sure if this is a good idea, giving the low liquidity Hive has. Adding selling pressure to Hive is certainly not helping now :P
Heya, about 14K Hive was cleared overnight, so there seems to be demand for it, HBD is still well below the peg and it may be better to power through and get rid of the surplus HBD to put us in a better position later, I will take advice from a few more people before changing anything. I could put in smaller sells perhaps as a stop gap.
Please stop the robotic system on hive market. Hive community is a new market & the market haven’t enough members right now. Someone continuously doing scaming with hive market.
He broke the market system for earning more fund from your robotic system trading. He always doing market down and took advantage from @hbdpotato. That's why other members leave on hive market. These is too much harmful for hive market.
Please that is not a perfect time for using bot on hive market. Stop the @woojin.kim scaming. He is a big scammer & trying to broke the market.
How does he break the market exactly? Is fixing the peg and the debt ratio not more important than some guy buying the Hive that @hbdpotato is selling for HBD?
This is important but this guy buying hive everytime from @hbdpotato by cheating way. First of all he sell his hive on bittrex then buying hbd on bittrex then he selling hbd on hive market especially for @hbdpotato. That's why he doing down the hive matket for want to earn extra balance. That's why other members are leaving from the market because always he trying to go up other’s order like a robot.
You doing excellent job for hive platform but please be careful about these issue & follow his activities.
Thank you.
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Hi. I see you have delegation to huaren.news (via dlease?). He is using this downvote good people as he is a bit of a troll. You may want to review that, but it's totally your choice.
He may spot this comment even though I didn't tag him. He seems to have a bit of a crush on me :)
Gracias 🫂🫂