POB Price Concern🤔, Thoughts and Suggestions!
Hello to Everyone
I have seen many people around here expressing their concerns regarding current POB price, its getting a lot of buzz now. So let's talk about it.
Why the Price is declining? Are People selling there POBs? Why they are so desperate to sell their POBs at such low prices 🤔? I Really don't get it.
How Many of you think it is wise to sell your POBs around 0.1 or 0.2$? Do POB really worth it? Are the current sellers to much desperate? I am no one to judge them, it's their choice though, but I know one thing for sure that it really don't worth it.
On the contrary if we look the bright side of this, isn't it the best time to invest and increase your stake. Yes, it is. So those who are looking for investment, its your time to act now, hurry up before its too late. Also I wonder what could be done to get some Hive whales to join POB rich list?
Why?
POB has a total supply of 21 million tokens with linear rewards split 50/50 to author and curators. For the first 42 million Hive blocks, the reward pool will distribute 10 tokens every 40 blocks which is 50 tokens approximately every 10 minutes.
A question to all the POB sellers, Do you guys aware of the current APR on Curation rewards of POB tribe?
Sorry to say this, But if you are one of those who are here just to take away POB rewards and sell them, no matter the price, or participation in the community and getting excited on earning free POBs from the Best Rewarding community, you are not doing much friend, trust me, you can achieve more and get best returns on social blockchain by staking your POBs. Don't believe me? OK, See for yourself, from the best @onealfa, here , He is earning 230$ per day from curation and the biggest contributer is POB only.
Surprised? Here is another example of engagement dividends of @amr008, engagement project, just see the returns on POB, here
So still you guys think selling POBs at such low prices is really a wise and profitable thing, when you have whole ocean to collect, why your are still after few drops?
I completely understand that we all here for some monetary reasons and there is nothing wrong in it, this is my way of saying that, you guys can get better rewards from staking, it's a better option to build a passive income portfolio here.
Why believe in POB? I would say learn from the best @onealfa.pob, who currently reached 100k POB stake milestone. He is constantly buying and staking POBs from the start. Although his initial investment is down to 1/10 at current prices, that doesn't affect his commitment and vision for this community. I learned a nice thing from him that, 1 POB is always 1 POB, so think in that way. We can't let the market price blur our commitment and vision for this community.
Take a cue from Leofinance Tribe, what a strong and well founded it is. Also leo price keeps varying from 0.1$ to 0.3$, we don't see any effects in the spirit of that community. Another example is Cent tribe, which is purely based on 1 cent price of the token, that doesn't effect its growth and it is doing wonderful now.
I don't know why there is so much fuss about current POB price, I really don't get it. To me it doesn't matter because even if POB price reach 10$, It will not effect me, why🤔, because I am staking and staking, I am staking 100% my rewards, now I am earning good curation rewards too, I will reach 2k POB power in next few weeks. I wonder why other people not doing it🤔, can't they see huge curation rewards POB tribe has to offer, also selling POBs at such low prices doesn't make sense, If somebody need money for his expense try selling other Tokens, but can you get the same curation rewards as POB from other Hive platforms? Think about it. I am putting my faith in the future of this tribe and I will keep my aggressive, full on staking mode, let's see how POB prices hold till next halving. So I request everyone plz stop worrying about and if possible stop selling your POBs right now, stake them and earn 200% APR from curation, if you don't have time for manual curation then delegate it to @amr008.pob into his impressive and highly engagement project and earn heavy returns.
I sincerely request @proofofbrainio, sir please make a comeback. Your engagement is much needed, there can be so much done, it's better to do nothing, at least we all can keep trying. We could invite top Hive whales to join the POB rich list and invest in the community. There can be airdrops or others rewards to encourage more people. There is already Brain powerup day on 2nd of each month hosted by @felipejoys, it could be great event with your support, for example someone Powering up 1000 POBs on that day, gets a 100% vote from you, 50% vote for 500 POBs, 10% vote for 100 POB power up. I would like to thank the POBleus team, its a great curation initiative. We could try more rewards initiatives, for people using POB front end and are active in the community.
I also liked the suggestions of @interpretation, here. I believe that everyday is full of opportunity and new beginnings and this is the time POB ride a new wave, what's wrong in experimenting and Innovations.
Disclaimer : This is not a Financial Advice. Its just my honest opinions and suggestions. I am always open to your suggestions and feedbacks. If you find this post a little bit exaggerated or crazy, sorry in advance. But I always have Best Interest of POB in Heart.
Image Credits @hranhuk
Thank You and Have a Great Day 😊🙏
It will take sometime for people to understand the concept of staking and focus on it. And I want people to learn with their experience. You are right, selling at this point really makes no sense, it’s like selling for paisa. I am just staking right now and will continue to do so for a long time until obviously I don’t need money. This is my way to financial freedom.
That correct dear, this is what I try to convey here, selling at such low prices is very silly. Also If people went on being more desperate about selling and don't stop much the prices will more likely to drop, who knows how much. What's the hurry now, if someone have hive or HBDs, they both are great prices now, try to substitute with it. Let's POB market settle for good meanwhile we should attract more investors. 😊👍
I used some of the HBD to buy 100 POB tokens last week. Was a great buy at a low price.
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STOPWell! Come on!
First we need to know that we are talking about a second-tier token. For this to be valued we have to have several important factors.
I always say that it's utopian to think that a token will value just by valuing without real projects and use cases.
POB had a brilliant idea to be equal to BTC in its way of being issued. It also had no airdrops. With the fact that it is a tribe with content in general and open to everyone, many people adopted it to come post. All this caught the attention of people who wanted this token at any cost. This RAISED the price at the time of purchases to be able to participate here.
Basically this was the main reason for the high price. But whoever bought an hour would stop buying at high prices and take out curated or wait for lower prices. Which is what's happening right now.
And because it is a token, its use at the moment is just inside here and nothing else. You sell there at LEODEX or elsewhere and stay there for another buy and stake. But apart from that it is useless. There is no use case to move the token further.
As for who sells the token, it is necessary to look VERY ATTENTION at the lives of all the people involved. There are people surviving in the world thanks to HIVE. There are people who don't care about their food, bills because everything is paid for and money for that. There are people living here so they can buy their daily food. The reality of everyone is different even more when it comes to something WORLDWIDE.
I sell some POBs myself to pay my bills. I confess that in this amount I am not selling. But what if I get tight and need it a lot? That's what I will have to decide. Just as I will buy more POBS if it drops further.
But wanting the value to go up without projects and use cases is just having to dream that a whale enters to buy several and several pobs and everyone leaves giving stake... Until that happens, the price will follow this line.
As I said I am open to all suggestions friend 😊. This is nice perspective though, thanks for this. Also I am not against the sellers dear, we already have 89% Staked POBs that's very lucky and impressive, having a balance between supply and demand is my impression. Right now there are many sellers and I think it's the best opportunity to invest, buy and Stake.
Reality check: 7200 POB are printed every day. That's only going to change in 27 years from now. Unless you raise real demand by at least a constant 5000 POB, this is not a war you're going to win. I've suggested a fix here: post.
A very nice and interesting proposition I would say, I wonder why the leadership is not taking any consideration on this. As I said there is so much to do, but who will take the step?
I think you should draft a proposal on this, it might get 50% community vote and worth a try.
Yes ooh you sound nice about that, with the proposal it will save as a stepping stone also something to work with.
Well said, the use cases are missing amongst many tribes - spot on.
Yes!
There are few tribes that use it for an end. In the end, what changes the value of one to the other a little is the way it was made and distributed and with the will of the "investors"
I upvoted you, thank you for posting! 👍
Great questions!!
I am part of the non-rich tier of POB that is not happy with its low price and I can't buy more POB, unfortunately I don't even make 50% of my reward into stake for basic needs to pay the bills, but still, I do what I can to improve my rewards and thus improve stakes. I feel a pain in my heart to sell POB at 0.10 cents, but it is not an option (remembering that we are coming out of a pandemic that has broken the economy a lot).
Besides, it's great to have a reality check about all of this, and of course, I really want to make my POB POWER explode, climb to the top, but each thing in its own time. For now, all I can do is keep posting, healing and actively participating in the community!
Nice post, reblogged and 100% vote on POBleus
Thanks friend. I understand we all have our needs and there is nothing wrong in fulfilling it no matter what. All matters is our intention in the community. I see you are doing great and commendable job, solely keeping with POBleus project, its good initiative and definitely encourage authors. Let's hope best for the community and keep doing our best. Have a Great day 😊🙏 !PIZZA
@thomashnblum! I sent you a slice of $PIZZA on behalf of @vikbuddy.
Learn more about $PIZZA Token at hive.pizza (5/10)
I love low POB prices ... I will be able to buy much more and get to 1 Million POB Power much quicker now.
That's the spirit, you have made a living with such opportunities and investments, a perfect inspiration for us. Good luck dear, Wish you luck. . I am sure you gonna reach 1 Million POB. Keep it up friend 😊👍
I hope to reach 1 Million POB and 1 Million Blurt Power this year.
1 million POB is like Satoshi Nakamoto with 1 Million Btc LOL
By his grace you wil, just keep commenting ad engaging also do the needful.
Hello to everyone here we shouldn't let this price lamenting down us because there's nothing we can do about it...... I just wanna beg everyone to work harder and I pray to gain successful
Not concerned normal cycles. If POB launches something or has some big new update I'm sure that would be enough to push the price up. Simple supply and demand now is the time to stock up while it's low.
It is difficult to judge but as I already mentioned the problem of many tribes - missing use cases apart from being a community and tell each other how great the community is. However I placed another buy oder now of 2000 POB - let us see what will happen on a long term basis.
I'm not sure @vikbuddy,
POB is really what we make it. I'd love to see some use cases developed and maybe I am the one who has to develop them but I can't do it alone so I am looking at a community here. I really want to get to know who are the people using POB and how we can help each other. If I can't find real life examples then I am just holding on to the POB I earn and staking. In fact I'm staking most of the tokens on Hive-engine. That's just what I'm doing. This is not financial advice for anyone but me I guess. The problem is I don't see any clear answer right now so I'm kind of taking a break and just playing along looking at other ways for cash.
To me at this stage that the price is, selling shouldn't even be an option at all.....staking is the best.....it will just be you fetching down for the raining season by the time the reward of staking will be gotten back......@vikbuddy
I feel bad for people who sell 30k worth of Hive Power for worthless fiat. They are giving up their vesting shares. They do not see much for the platform long term! Proof of Brain is worth more than Hive because it is a second layer of human meaningful verification. Its not perfect, clearly has a lot of growing to do, but it is an experiment. Those who see the value in POB are staking most of their liquid tokens. I am very happy to see we are back over 90.62% staked. Keep powering up your Brains.
I think the price is still really good and with all thing's crypto it goes up down up down up down.
It will recover once more people start buying in again.
Honestly, this write up is helpful.
But some people are not really certain about the rise and fall of the prices. It is quite alarming.
So your advice is that we wait for the greater times ahead rather than settle for the little available?.
Hi @vikbuddy I understand it perfectly and your point of view is very sensible, it seems a lie but although the value of the pob is low, many people find it a bit profitable. To cover the expenses that are necessary at a certain time. I admit that exchanging 5 or 10 pop to get $ 1 is not an easy decision. Congratulations to those who are in a position to keep their coins and bet on generating more. it is the best decision you can make. Congratulations
Despite the low price on pob I will not relength to do the needful by continue posting and make sure i meet my target which is 100% before the end of September then I will know what to do next
I agree with you and I equally share your view on that too,to me I wl make sure to engage and interact in the community of pob.