https://peakd.com/speculation/@edicted/tactical-powerdown-initiated

Down to 32k HP, I've finally decided to stop my powerdown. My upvote power is getting a little too low for my taste; it's kinda bugging me.

It must have been bugging a few other people too, as a few comments here or there about my powerdown were cast in a negative light. For every one person that says something there might be 100 more than think it.

I'd like to take this relevant opportunity to remind everyone that powering down is a good thing for everyone who has stake. Investors should want more inflation and more people to power down.

https://peakd.com/cdp/@edicted/investors-want-higher-inflation

All of my liquid stake can no longer control the reward pool. This means everyone that has stake gets to control more, while my liquid coins are being devalued by inflation. The only thing that might be bad is if I dump my liquid coins on the network, pushing the price down and possibly centralizing the chain by selling into a whale.

I added all my coins up the other day (almost forgot HiveEngine) and I have 77k total coins. Pretty good. More than I ever imagined I would have just a few years ago (even one year ago). I'm not selling any either unless Hive does something crazy like x5 plus, and honestly I'm hoping for more of an x10 pump and dump that I can go bearish and try to get even more influence/reputation on the network.

x10 rule

This network has gone x10 a surprising number of times now, and every time it happens it is completely unsustainable and doomed to crash to a more reasonable level. Hopefully I can use this "rule" to increase my stake.

Holding Hive in Stable-coin form.

Even if I sell my Hive that value is still tagged for Hive. I'm just gambling on the market and hoping it will dip so I can buy in cheap. Buy low; sell high; we've heard it 1000 times before. Maybe I'll time it right one of these days. One can hope.

Return from Tactical Powerdown: Complete to edicted's Web3 Blog