About where investing some HIVE
Today, as almost every day, I have noticed once again the difficulty of finding good posts to curate in HIVE...
I remember that around this same date in 2017, the HIVE (STEEM) blockchain was boiling over.
Surely, everyone is enjoying these bull market days, some, like myself, actively trading the successive swings of the market in an attempt to get the most out of this magnificent volatility.
However, HIVE continues to lose positions, fortunately stuck at 0.11 USD, for the moment, with a still very strong selling pressure that seems willing to attenuate for a while.
Among the posts that I have "liked", I find that this post from @steemmillionaire raises a good debate.
"Where to invest 100 HIVE?"
@steemmillionaire explains in his post that he had 100 unproductive HIVE available in one of his alt-accounts and decided it was a good time to put them to work.
Like many others lately, dCity seems like a good alternative on which invest those HIVE's ... "Playing" with dCity usually generates daily SIMs that you can sell on HIVE-ENGINE or reinvest them if you wish in the game. In the case of wanting to obtain a daily return and following the data offered by @steemmillionaire, the investment of 100 HIVE is producing about 132 SIM per day, or what is the same, around 0.66 HIVE per day. Time to recover the investment? about 150 days...
Today, this return on investment is much higher than what can be obtained by having your HIVE staked in HIVE POWER. In fact, according to @penguinpablo calculator, 100 Hive Power has the potential to produce $0.0005, or what is the same, $0.035 a week if maximized... so yeah, I think @steemmillionaire has had a a wise decision that will bring him benefits, I hope, because I have doubts about the "sustainability" of this game.
At the moment, the chart is positive, with a shy but interesting uptrend...IMO most likely because, most of us have invested some of our inactive HIVEs there...
But what does the rest of the world know about dCity?
Am I missing something or am I the only one who does not see that there is nothing or no one out there selling the game?
In other words, basically, we are the ones who increase the price... selling HIVE, buying SIMS, reinvesting etc...
Saving the distances, I remember the experience of another game built on STEEM at first and then turned into a kind of nonsensical Database with abundant economic changes.
Does anyone remember DRUGWARS?
DRUGWARS was able to do the worst and the best at the same time.
Probably, that game was able to attract and create thousands of accounts to the STEEM blockchain just for the simple fact of advertising itself and allowing access to the game via other methods.
The idea was great regarding the last point but unfortunately the game had other problems that I don't want to talk about and which ended badly.
What I want to be very clear is that no project created on a blockchain or on its second layer (HE) has a guaranteed future unless the commercial part is developed and there is a plan to attract and onboard the external audience.
The latter is currently the case with the vast majority of HIVE-ENGINE tokens including dCity token (SIM) and excluding splinterlands and Leofinance.
Therefore, currently, if I had to decide where to put my inactive HIVE, I would not hesitate for a moment and I would do it on Leofinance, being good options LEO POWER, @leovoter, WLEO Liquidity Provider... at least its trajectory and its efforts are dedicated not only to its technical development but also to its survival, sustained growth and adoption by the rest of the world.
Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.
