You are viewing a single comment's thread from:

RE: [Steem talk] BPC Whale up

in #bilpcoin4 years ago

Thanks for the burn this post just received 10BPC + 1 bonus bpc upvote = 11BPC

Posted using Bilpcoin

Sort:  

Thanks buddy. We need to secure #bpc value somehow. Burning is only a small part of the process, and I just read the value from steem-engine, we're down 63% overnight. Unless we have rock hard investing cash, otherwise the token itself is going to lose value since we're printing a bunch everyday. Hyperinflation as I can see.

Yes we see we are down 63% .

we have some new investors that should be joining very soon.

we are nearly finished on something else but I can't really speak about it to much the boss has to announce it.

we are working on multiple use cases and we have ads on our site so they buy tokens every month .

We had a people selling who don't believe in bilpcoin but that's ok we have a strong community already and it will keep getting stronger bilpcoin was built to last

Posted using Bilpcoin

Ok cool. I do have some #steem around as I also prepared some 600 steems for next year giving out monthly achievement to #indonesian steemians who participate. May wanna start up my portion of BPC buy back exercise if I promote #bpc to them.

Ok don't understand this part

May wanna start up my portion of BPC buy back exercise if I promote #bpc to them.

Posted using Bilpcoin

I get the idea of limited BPC to be printed daily. The more people start "printing" #BPC, the more diversify the token going to different accounts. That however, doesn't stop the fact that bigger stake holder getting paid more. If I have to continue be one of the major stake holder, I will somehow have to buy back those tokens from people who create content and sell it. Like you said, we can't stop them from what they're doing, but buying back is one of my strategy if I have to continue getting paid in #bpc. The flow goes like:

  1. Originally, I get paid 10BPC a day
  2. I introduce BPC to 1000 people
  3. 1000 people getting paid 10BPC a day. Reward pool is 10,000BPC short
  4. If ultimately, the daily payout is only 1,000BPC, which means now 1000BPC has to be split between 1,001 person(including myself).
  5. I'm only getting paid 0.999BPC a day now

So, in order to stay ahead, I will have to increase my BPC Power, or else my payout will be shrink regardless. The only problem I'm more concern is, am I able to cope with the change.

On the other hand, I can choose to be one of them. Grab my post payout, sell it. But that doesn't do any good to #bpc. Which is why I burn my #ufm instead of selling them. If I have nothing better to contribute, I better try not to hurt the community.

Ok sounds good

Posted using Bilpcoin