P3D Gambling Game or Investment?
Hi Steemit,
Yesterday I wrote about Ethereum Classic hourglass games/investments. The gist of the game is HODL your tokens and earn interest on your ETC.
It sounds simple, but its not. There are many factors that go into the game that just make you want to sell! Time and time again, it has been proven (granted that you are in a "real" game and not made-up-to-steal-your-money look-alike) that HODLing your tokens leads to profits. Some try to game the game to make more profits. Some do make more profits, most don't.
It has been fun watching the action going on at the discord community. The community is active with willing people who are able to help. There is an "invite challenge" going on which pays ETC to the person who brings the most people to their discord. The Saturn Wallet is the walled used in the games and it is glitchy, but work able. Sometimes you have to refresh the site a few times before you can see your balances and DIVs.
P3C had a HUGE growth spurt today
That is my direct master node, I will make $$$ if you use that link. Please use it, but only after doing your own research.
I thought that P3C had a pretty boring day. The chat was minor, the buzz was lull, and the community was around, but just hanging out. It was as if P3C was hanging out in their PJ's all day eating cereal with chocolate milk. Sometime during the day, they got their discord invite bot going and started a competition to see who could bring more people to their discord.
And all of a sudden, they were away and ready to party.
Their contract spiked up from holding 3,142 ETC to holding 5,155 ETC. That's quite a jump. It went from, cereal eating, no shoe wearing day, to - pay attention because this thing is booming.
This community wants to be more than hype and more than games. They want sustainable, profitable growth.
What about you, have you been checking out any of these passive income games? Have you been jumping on the ETC bandwagon now that it is getting listed on Coinbase? I can tell that more people have been using the network, gas prices have been going up, and transactions are taking slightly longer.
Thanks for stopping by today, even if you aren't "into"crypto, I hope this was an enjoyable read.
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nice post you write i like it.
I have been silently watching all these games being made; and I have been introduced to P3C that this is based not only on games and although I find this concept is interesting, I am still not seeing the practicality use on it.
Because it is a POWH, if my limited understanding gathers P3C is exercising this concept to encourage
My question is, what else can we use after we collect in ETC?
Is it just going to float in the trading area for fiat?
Then the growing dividens will eventually be overwhelming unless it is being reinvested into P3C and has it locked up as capital for more div.
So the whole flow is:
ETC has many uses (like smart contracts) - though honestly I haven't looked into them much beyond HOLDing, trading for STEEM or cashing them out.
The growing dividends get re-invested or traded for fiat or STEEM or whatever else people do with ETC.
The game only works if there are people buying and selling into the smart contract. So yes, there need to be new investors coming in, or investors selling out (that pays you divs as well) or other ways to bring in ETC, like more games.
The practicality of it is if you believe in the project. If they are going to keep working on new products and projects then more people will join and the community will keep thriving. If the project developers stop working on it than it flops. It is a little like building a mutual fund with a group of people. Surely only practical if you believe in what is being built (and are right about it).
Delegators Thanksgiving Thursday it is! Thank you for delegating some SP to us, we have upvoted your post with 100%
Thanks for the upvote!