Utopis Update
Project Utopis Update, From my Discord channel
What ever I am able to sale next will be used to create the buy wall for Utopis, weekly is still coming if you hold utopis, gig work is still so- so , in that case profits will still be small, I will continue to create buy walls for Utopis I have some Hive coming in tomorrow will use that to add to the wall, I will be buying back. I am unstacking all tookens assets* and using them to buy utopis on the market and some to pay small debts, most will be used to buy Utopis for sure.. I will continue to pay divs* it be small or what ever till I hold at least 95% of Utopis and than burn it.
Liquidate tookens is being done.
Once this is complete, The remaining Utopis will be burnt and Project Utopis will be put to rest.
Cheers.
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BEER.So does that mean we should be selling out Utopis?
How long does it take for them to be unstaked?
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I think it is around 3 days to unstake. He will be buying it back at a fraction of the cost to remove his liability. His wallet can't even cover the Utopis I own, so I can't imagine it will be for much.
The important thing is to complete Project Utopis and get out of debt.
With low value HIVE. Now is a great opportunity to buy UTOPIS at a greater rate and countity.
So what's the consequence for HODLers? Should I consider unstaking, or do the divs continue?
Utopis is still alive at the moment although gig work is still slow,.. sorta dead.., I will still continue to send out weekly divs on Monday and Delegation rewards as well, I will also be adding buy walls. Let's see where it goes. If need be I will look into burning Utopis which would mean RIP, but for the mean time I am unstaking tookens to create buy walls as stated earlier, to do just that.
Alright, I'll HODL it until things change drastically one way or another. Every project has its slow days, shit happens
Alright. So if we, the holders, stubbornly refuse to sell our Utopis, you will continue with the Utopis project even if the Divs are low?
I just can't put my finger on whether or not he or you want this to carry on or not... it's not clear to me.
You mentioned you have a lot of Utopis @themarkymark?
It's very clear he wants out of his commitment.
I own like 27%, so I got screwed pretty hard with around 55K Hive invested.
Oof. 😳 Yeah man, that's nowhere near the kind of money that I am involved in. I was using bits and pieces of income to buy scraps of Utopis.
I am sorry for your loss. 😓
So you have 27% of it... what do YOU want to do? He can't get to 95% if you hold what you hold...
At this point I’d just want to break even but can see that isn’t happening. It hasn’t been that long but he already lost the 100k-200k we invested in it.
Him trying to buy back is at least better than him just walking away still a shitty end result.
True but I feel the situation will just get worse over time, the divs suck, the price is dropping like a rock, there is a great chance he will eventually completely stop.
😞😞😞 yeah I realized more or less that this was the position when I thought about it a bit more.
I know your knowledge and experience are far greater than mine, but if I were in the same position I would also not want to just back out and let all that value go to waste. I mean, as far as I can tell, impermanent loss becomes permanent once you sell out at a loss right?
Sorry if I put you on the spot there. I really did not mean to.
So what this has turned into now is that the ROI has become almost unattainable. Years of waiting to break even.
Man... if it's all the same to you, I probably won't sell my UTOPIS anyway !LOLZ
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if you leave the platform, the markets will recover. until then... not so much
That's a shame. Are you able to hand over the project to someone else?
Who would take a project that just involves paying out money?
Perhaps he has a friend doing the gig work who wants to pay us?
Lol sure, someone just wants to give their salary out of the goodness of their heart?
yeah true 😅 its just a shame to see Utopis finish.
utopis is finished, soon they will all be finished and one coin to rule them all will remain marky mark as you know who that will be.. the only one going forward into the future that will lift the human spirit out of darkness the only coin that can work in a future like this search your feelings marky mark you know this to be true!
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do you ever stfu?
speaks in voice of 10 year old.. marky am i delusional or have i heard the voice of God?
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@themarkymark
@taskmaster4450
@forexbrokr
@acesontop
marky you'll be a pariah. you all have denied these people their justice. you will all be branded thank goodness our system is egalitarian so you'll still be able to get your ubi... but your names will forever occupy the book of shame
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Stfu Lasse lite
marky is lasse a currency? so if you got a problem with lasse and it's a business okay you're right.. if you got a problem with us and we're a currency you're as wrong as if i had a problem with tether being backed by some entity or the liquidity proven .. i mean does it really at the end of the day matter where liquidity comes from? lol. i don't think so unless you're dealing with revenues. i would not see giving crypto away free as a business. so you kinda comparing apples and oranges... we not working on a for profit model @forexbrokr
why not have a problem with nonprofits and foundations if that's what you saying.. now lasse sounds like a business to me that's different.. he too dumb to create anything like this lol. so he got a carbon copy turnkey business like the rest of you all in a giant pool of competition.. bitcoin myk has no competition.. you can't have competition against other ubi coins @forexbrokr because if you did you do realize people getting ubi coins would just go to every ubi project and get the coins they wouldn't stop using one for another as long as they got some value
it's amazing to me forexbrokr you try to write articles that i would assume requires a certain knowledge base but you don't understand simple forms and entities of projects...the bill gates foundation not going around selling you shares .. why would bitcoin myk need to do any of that. .it's a currency.. a currency doesn't need to go up or down it only needs to reach stability and have liquidity..if you receiving a dividend and the value of that dividend increases in relation to the network you don't need to worry about the price or if you need to buy this or that. you need to worry about billions in your network using a currency useful that's more advantageous than using the usd and the reason hive dollars can never work is because your model wants people to come in and invest money but it's a horrible currency to sustain value.. so why on earth with any smart person do that unless they just idiots to begin with lol
anyway the bottom line is this bitcoin myk is not a system to prove to anybody.. thats as dumb as me asking elon musk to prove i should drive an electric vehicle
if i subscribe to the idea that an electric vehicle is more environmentally friendly and more sustainable why would i need to even go on a tangent people will just buy the electric cars anyway that's whats going to happen with us if not today in the near future
why would i trust an economy where the economist are idiots and don't know what will happen from one moment to the next with my future when i know the jobs will be taken with automation .. when i know the dollars will inflate and have little to no value stealing all my value.. when bitcoin is so heavily manipulated already it's going to be hard for it to keep the crown when i can join a bitcoin that gives me ubi and moves me closer to a 21st century model that takes into account all these issues
so don't misunderstand me i don't need to prove what works to anybody.. as humans we'll always use what works but the reason the crypto community is imploding now is because people are waking up from the garbage you all have created
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You're right, I don't understand.
All the best with your project.
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i'm not sure anymore if ignorance can suffice.
Jordan Peterson believes in the bible. Those are his views my personal beliefs don't matter but if he does then he believes that ignorant or not there will be accountability right.
So i'm pretty sure the ignorant has to perish as well metaphorically or maybe in jordan peterson's case literally. in any event it's the end for you all
"my project" you think ubi is my project and not humanity's project well as i said i think you guys time is limited with this economy and with these coins and we'll see some of you on the other side and we'll get rid of many of you because i think it's just evolution. not what i'd want to happen but what has to happen.
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Again, I just don't understand.
I don't understand your project, I don't understand the points you're trying to make with all these endless videos and paragraphs.
...heck, I don't even understand if you're insulting me (I think you are?), haha.
Maybe in the future you might consider changing the way you write to make things a little more clear for the reader?
As for these conversations between me and you, let's just leave it at that, yeah?
Like I keep saying mate, I wish you and your project all the best.
But at this point it's clear that it's not for me.
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yea that's fair enough some people misunderstand what i'm doing is trying to convince people to buy the token and if you believe that ubi projects work on speculation then that's a misunderstanding of it but i'll just leave you with this statement and listen half the world opts for ubi you're maybe on the half that doesn't.. not a problem it's several billion people on the planet that will lol.
however i'll leave you a question.. you don't have to answer it.. or research it that's entirely up to you as i said i don't deal in willfull ignorance and i'm quite efficient at who's willfully ignorant but let me leave you with this.
i would say one of the most difficult things to do is create a project.. a coin and then have people take their hard earned money and part ways with it to give to someones made up project.
Even homeless peddlers on the street can barely get peoples money lol. so if you believe you can go create a coin and have buyers easily then i know those people have no idea how to start projects or how to create one.
now with all that said.. i wonder if you believe people have taken their hard earned money of their own volition and put it in both my projects?
i wonder if you believe that smart investors.. have taken their money and put it in my projects? I'd like you to be careful with your answer and as the purchases are on the blockchain. i'm sure you could if you wanted go through every transaction of who bought what
now you may determine those who bought into my projects if there were any are not very smart.. then you may look at some of their blogs and some of their knowledge base of investing in crypto and our economy and you may be surprised to see some of those people bought stake in my projects.
Now if i can go out and convince people to do that.. i'm not saying i do or can.. but if i can it's a public record on the chain. let's say you find it's people smarter than you that have invested money they value and have earned in projects i created i wonder would you then feel some type of humility for thinking anybody in our project would need your value or support? that if people have invested money there has to be something there they believe in.. whether it's deflation.. speculation or they believe in ubi projects it's all on an individual basis with them but here's my point in conclusion
if you believe your lack of comprehension has anything to do with others understanding of the project then i think you may be insulting all those guys much smarter than you that do have stake with their own hard earned money in our projects but again a security is not a currency those are different things.. unregistered illegal securities that promise value from the work of others is a violation of securities laws .. currencies like bitcoin are not.. because there is no business in bitcoin per se in the mechanism of bitcoin itself beyond it being a currency that is going to promise you any value you just use it or you don't. so yea you're not able to understand those points but that's okay as long as you know that it's many people with a great deal more money than you that have bought thousands of dollars in a project on this chain that i created from my brain.. so as long as you get that i have no problem with your opinions or ignorance but what you don't know can hurt you ... so ubi systems when they come into full effect many of these crypto projects you all have won't stand up to them or work.. 21st century is not 20th century.. people not going to be creating new businesses and profiteering from them.. it's going to be limited ip owned machines and companies creating most of the products with consume without human labor. anyway the resources i've provided about ubi and ubi coins if anyone is in dark about that it's based on a purely willful ignorance and i personally don't care whether they are interested or not i've already looked at the statistics globally who are.. so it's trivial to worry about one person and keep in mind others read these posts not just you. so none of what i write is directed at one person
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yea and it's nothing personal against you.. as i said my words are for a broad audience but also keep in mind just because you don't get it doesn't mean many others don't.. maybe many do.. so that's all i was trying to say and maybe its not for you to understand it. also you should consider i don't force anybody to engage.. everyone does that of their own volition.. i give my coins away free people who buy they do that of their own volition. i've never asked anybody once to buy our coins. i've never asked anybody to give me money to create the projects. never had to. So your failure to understand is just that.. yours"...but have i forced anybody to do anything. no i haven't and if a person mutes me i'm still going to come after them because in the evolution of our next economic system socially everyone has to be held accountable for their destruction of this world and our economy. i'm holding everyone accountable not just washington or the imf.. i'm holding you all responsible because you have been complicit.. no human ever had to accept the world as it was and we've changed it many times when we wanted. that's why i'm coming after you all and i will continue to do so. whether you understand or not.. you'll understand it's consequences in ignorance and knowledge. so your peers will hold courts to hold you accountable and democratically they will decide what should happen to you.. so its not going to be me it's going to be a democratic process but why should we excuse filth and lack of accountability and lack of being humane to citizens of the world for you guys greed and destructive qualities.. no society will judge you all accordingly whether you understand things or not. the system i'm speaking of is happening. those aren't my words or research but many people way smarter than me.. accept it what i'm talking about is going down
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let me put it simple marky mark because i know you didn't go to college and don't know much lol..if tether right now told you hey we got trillions to back tether and showed you.. didn't have to sell any tether...are you saying that would be a bad idea lol.. if tether can prove they have capital who cares.. a currency not a revenue producing business
bitcoin myk is not a business marky mark lol. i guess because i went to the finest business schools and understand this and you all don't it doesn't make sense to you lol.. as i said marky mark you're a kite dangling in a hurricane lol and hive will fall just like every other bullshit crypto but bitcoin and ethereum lol.. but not us marky mark.. you see at the end of the day they need us.. even if they don't use us they still need us.. stupidity doesn't trump awareness and reality sets in eventually
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marky i don't think you understand. i'm never going to give you up.. i'm going to be on you like white on rice
like captain ahab hunting that whale
look at my face at minute 1:52
Wrath of Khan - "No Kirk, the game's not over"
... what i'm saying marky is the crypto space not big enough for the both of us
and one more thing marky a determined man and his shitcoin can be a formidabble combination
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I could give a fuck, you are muted on Hive and notifications but my bot will continue to curate your content. You are a nutcase and need help.
the rest of you hivians the line has been drawn in the sand.
let me tell you all something..when the united states decided to stop the spread of communism a line was drawn in the sand. there was no disagreement with that policy not really. you were either a good guy or a bad guy
when you're complicit there is no middle ground. you must now choose. if you choose wrong you will atone .. i am the fulcrum .. i am who builds many systems to bring humanity back into balance and you will all atone i promise you and you won't be safe any place i'll come for you
yes it's insanity...have you imagined men who wanted to be presidents and rulers of the earth as not being insane shit?
that's not normal stuff to wanna be a president that's insane shit
if insane shit is what it takes than so be it
you all are destroying this planet and peoples lives and you now must face me .. i'm coming for you and all those guys will join me.. elon musk, jack dorsey andrew yang because their path is my path and you will not stand against it... you will fall as well you should
so you got choices either you'll benefit from our system or you'll come out broken and bruised that's up to you but there is no other way.. take that as you will. this nonsense is going to stop
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I'LL STOP YOU MARKY! AND YOUR HIVE HEIRS! YOU CAN'T RUN FAR ENOUGH MARKY! AS LONG AS DECENTRALIZED SOCIAL MEDIA EXIST I'LL COME FOR YOU AND IF THEY DON'T EXIST I'LL MAKE AS MANY AS POSSIBLE!
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You like talking to yourself?
Should we unstake and sell it to you? Are you wanting to shut the project down?
But in the white paper you said many projects fail and this one is different. Why you need to shut it down now?
I have Utopis. Not a lot but some, so I maybe should unstake !
I believe this is a good one for Utopis
Looks like this update is generating a load of uncertainty. Perhaps some clarification would help the loyal UTOPIS holders?
"The music is starting, What now Kemosabe?"
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But why?
!PIZZA
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Wasn't UTOPIS already sold out? I thought that the limit was reached and the rest was burned.
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the utopis project, I like it, it would be a shame if it is the end
Sad news