HBARMY HQ - Everything About HBAR Here - Q&A Articles Information - Open to Everyone to Post

Edgehollow said:
Interested in seeing what kind of return one can get by staking. If you're buying for long term growth, it only makes sense to do this to get some short term gain off your investment.

I should probably do some homework.......
Click to expand...
Hedera says that the staking return will be minimal because you're not providing much compared to setting up and running a node which will earn the majority of HBARs.
 
MSU_Spartans said:
Hedera says that the staking return will be minimal because you're not providing much compared to setting up and running a node which will earn the majority of HBARs.
Click to expand...
Interesting. I know a couple of real estate investors in Louisville that are planning on setting up mining operations in their AirBNB's. Curious if I could do the same with a node. That way my utility/internet costs are a write-off.

Like I said...lots of homework.
 
Edgehollow said:
Interesting. I know a couple of real estate investors in Louisville that are planning on setting up mining operations in their AirBNB's. Curious if I could do the same with a node. That way my utility/internet costs are a write-off.

Like I said...lots of homework.
Click to expand...

I don't think its profitable to mine the proof of work coins on a small scale. Probably not worth your time.

You could write off those expenses especially if you have another LLC such as an airbnb to run them through. Just say you bought a new computer for your airbnb.
 
catfishpunter said:
What does it all mean, Basil?
Click to expand...

That means someone took 1.5 billion HBAR off of the exchange and moved them to their "Cold Storage" wallet.

If you are going to sell or trade you leave them on the exchange - you usually do that if you think price is going down and you need them on the exchange to sell them.

Opposite is true when you take them off the exchange - you think the investment/project is good and the price is going to go up - so you move them to the safety of your "cold" storage wallet.

Think of it this way...

If you own a piece of art and think the value might go down or you want to sell it you have to have it with "Sotheby's' or an auction house to sell it - these are like crypto exchanges they are the place you have to have the artwork to sell it in the open market.

If you think the value of your art is going up and don't want to sell it you keep it in your home or other secure place - think of your home as the "Cold Storage Wallet"

Basically someone just took $329,000,000 worth of HBAR home with them because they are going to hold it as they anticipate the value going up and don't want to sell now.

Someone with a shit-pile of money/HBAR just indicated they think it's time to sit at home and enjoy the ride.

Hopefully the above helps.
 
FKUdQdzXoAILdj7
 
You have to use a specific style like. It's like if you search it from trading view itself it takes you to the wrong style chart, but if you search it from a search engine it takes you to the right place
 
Croot_Overlord said:
You have to use a specific style like. It's like if you search it from trading view itself it takes you to the wrong style chart, but if you search it from a search engine it takes you to the right place
Click to expand...
Interesting. So it allows the basic charts for a ticker then, not a custom chart with different lines, etc.?
 

Latest posts

Back
Top Bottom