It’s Perfect Moment to Buy SPORTS
I think now is a good moment to buy more SPORTS and power them up as its price is pretty cheap during the dumping time of BTC. When BTC price down, HIVE price was also dipping. That’s why we have a perfect time to buy more SPORTS when its price is only 0,00017 HIVE right now. I just purchased 1 mil SPORTS.
As Hive price is also in the dip right now, I think it’s also a good time to purchase more Hive and then buying Sports with Hive in Hive-Engine.
Hopefully more and more Sporstalksocial users stake their Sports. We know that, the number of Sportstalk community members is growing day by day, and I notice most of them stake their Sports to build their accounts. We will earn more Sports by curating as 50% of Sports will be back to our accounts.
Alright I will take your suggestion. I just scooped up a nice bag. Why not right? SportsTalkSocial is very popular. I am sure I could probably earn my Hive back with increased stake.
However, the sports tokenomics don't seem to match up.
99 billion staked??
however, on the sportstalksocial website it says
1.4 billion... so which is it? how does that account have so many tokens staked?
It is a community account which is created to fund SPORTS projects.
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Why does the amount in the sportstalk account exceed the total supply number listed?
There are 6178.75% more tokens in that account than are claimed to be the total supply on the website. According to Hive-Engine,
So the circulating supply displayed on https://sportstalksocial.com does not include the tokens held by @sportsprojects. The they hold 6178.75% more tokens than are circulating which is a significant amount.
Additionally, the tokens held by @sportsprojects (all 99 billion) represent only 1.00% of the (10 trillion) tokens that can be issued by the sportstalk project, which is more than a little concerning.
That makes the 1 billion tokens circulating in the community just 0.01616% of the total possible token supply. I would feel more comfortable if they were to burn 99.9999 trillion tokens.
Yes, that’s true. The account is for sportsproject. Maybe in the future will be more projects on sportstalk
yes, this is so true. buying sports for sakes is now. i have noticed that prices of many tokens including Hive has fallen. the future is getting brighter.
Yes. It’s really good moment. And just now, BTC and Hive just fallen again
Thats a good advise, sports prices donot move much and are stable otherwise. However, there are not many projects besides engagement project by @amr008 which makes use of these tokens and there is constant price pressure on sports tokens
I admit that the engagement project by @amr008 is great initiative
Yes I did invest a small amount in Sports today. In last couple of months there has been a good activity carried out by @amr008 engagement project, which makes the project quite a lot valuable.
Happy to see you also invest on Sports. Keep staking :)