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

[MortgageHorn]

 

[Bama Fan In AR]

Thanks for sharing. I’ve got a ledger and have been successful in getting BTC, XRP and ETH off the exchanges and onto it, but have been racking my brain searching for a way to get HBAR off an exchange. This helps tremendously!

Now I just need stupid Robinhood to allow wallet transfers so I can get some of my shitcoins off of that site and on to cold storage, because who knows…LAMBO

 

[VosFrost]

 

[LVRebel]

Wow, I hadn't checked recently, but HBAR down to 0.16? Ouch

 

[theDane8106]

Wow, I hadn't checked recently, but HBAR down to 0.16? Ouch

It's been a pooch for sure this year.

 

[TTUcamper]

I've actually been buying a lot of it recently.

 

[LVRebel]

I've actually been buying a lot of it recently.

You still positive on it long term? Or just buying down your baseline unit cost?

 

[TTUcamper]

You still positive on it long term? Or just buying down your baseline unit cost?

Whenever the dollar detaches from crypto (dollar fails) and it will. Digital solutions will have to be made. Hbar is currently the best digital solution I have seen and the partnerships they've made with major players tell me they see the same solution. Right now nobody is able to do the number of transactions at that light of a cost.

At this point I'd say I'm long-term in it

 

[LVRebel]

Whenever the dollar detaches from crypto (dollar fails) and it will. Digital solutions will have to be made. Hbar is currently the best digital solution I have seen and the partnerships they've made with major players tell me they see the same solution. Right now nobody is able to do the number of transactions at that light of a cost.

At this point I'd say I'm long-term in it

It's still not available on coinbase right? I need to get a better way to buy it, as my previous way was a PITB.

 

[TTUcamper]

It's still not available on coinbase right? I need to get a better way to buy it, as my previous way was a PITB.

Not on Coinbase as of yet. It'll get a slight bump when it does. Staking also just started.

 

[LVRebel]

Not on Coinbase as of yet. It'll get a slight bump when it does. Staking also just started.

Oh really? I hadn't seen that on staking. Though, due to some personal issues, I haven't been paying much attention recently. How do you go about staking it?

 

[TTUcamper]

Start listening at 3 minutes for a good explanation on hbar

 

[TTUcamper]

I just bought 1k worth of hbar so hopefully this is the bottom.

 

[VosFrost]

This stuff is just following the market, folks view it as a risk asset - risk off will most likely be the theme here through 2024, not sure what will cause the correlation to end in the short term.

 

[TTUcamper]

This stuff is just following the market, folks view it as a risk asset - risk off will most likely be the theme here through 2024, not sure what will cause the correlation to end in the short term.

People aren't currently using crypto as it's intended purpose. As a utility based currency. It's currently all just speculation. Hell, Bitcoin and Ethereum can't even function as an actual currency because it wouldn't work with widespread use.

It's why I'm big on hbar, currently it's the best option out there to be used as an actual currency.

I'm looking at crypto and planning for the fall of fiat currency and the transition into utility based cryptos that solve problems.

 

[SmokeHouse423]

People aren't currently using crypto as it's intended purpose. As a utility based currency. It's currently all just speculation. Hell, Bitcoin and Ethereum can't even function as an actual currency because it wouldn't work with widespread use.

It's why I'm big on hbar, currently it's the best option out there to be used as an actual currency.

I'm looking at crypto and planning for the fall of fiat currency and the transition into utility based cryptos that solve problems.

Vechain may be a good one for supply chain issues

 

[shiv]

Bruhs, it’s ADA time. We’ve got our own pool. Cardano is 100% decentralized and accessible to anyone. We proved it when we stood up our very own node

 

[TTUcamper]

Bruhs, it’s ADA time. We’ve got our own pool. Cardano is 100% decentralized and accessible to anyone. We proved it when we stood up our very own node

Ada can't do what hbar can. Nothing against Ada, but it's not comparable.

257 transactions per second for cardano vs over 10000 transactions per second and at a much cheaper cost.

The hashgraph is superior to Blockchain in nearly every single facet including speed, security, efficiency and cost. It does not rely on heavy computational power therefore uses a fraction of the energy.

Hbar is ready today to handle high volume and secure transactions at a predetermined low cost. It certain situations it's even carbon negative.

 

[shiv]

Ada can't do what hbar can. Nothing against Ada, but it's not comparable.

257 transactions per second for cardano vs over 10000 transactions per second and at a much cheaper cost.

The hashgraph is superior to Blockchain in nearly every single facet including speed, security, efficiency and cost. It does not rely on heavy computational power therefore uses a fraction of the energy.

Hbar is ready today to handle high volume and secure transactions at a predetermined low cost. It certain situations it's even carbon negative.

ADA will be able to handle 1000 TPS after the Vasili hardfork this summer while shooting for 1,000,000 TPS.

Cardano: 1 million transactions per second - Hydra Paper released — Steemit

The layer 2 solution "Hydra" will give the Cardano network a scalability of over one million transactions per… by cmm-official

steemit.com

ADA work on the same proof of stake mechanism and you could consider it carbon negative as well

 

[shiv]

ETH 2.0 will be hitting the same TPS as well. All these next gen networks will be proof of stake and will implement sharding. They can all make the carbon negative and TPS argument

Ethereum 2.0 Project Enters Final Stretch, Promising Massive Scalability by Summer

The project to create a faster, cheaper and more scalable version of Ethereum hit an important milestone this week, marking the beginning of the end of a long-delayed and increasingly necessary project to build a better blockchain. The Ethereum 2.0 project will boost the transactions per second...

finance.yahoo.com

 

[22*43*51]

Ada can't do what hbar can. Nothing against Ada, but it's not comparable.

257 transactions per second for cardano vs over 10000 transactions per second and at a much cheaper cost.

The hashgraph is superior to Blockchain in nearly every single facet including speed, security, efficiency and cost. It does not rely on heavy computational power therefore uses a fraction of the energy.

Hbar is ready today to handle high volume and secure transactions at a predetermined low cost. It certain situations it's even carbon negative.

Personally, I don't think there will be a single winner, but many of the utility coins will be chosen by different countries, businesses, applications etc.

I too am high on HBAR. As well as XRP, ADA, XDC etc.

I keep investing in decentralized utility coins and zero meme coins. I believe the "winners" won't hit a centralized exchange until the last second. Right now they can be scooped up for pennies.

 

[22*43*51]

ETH 2.0 will be hitting the same TPS as well. All these next gen networks will be proof of stake and will implement sharding. They can all make the carbon negative and TPS argument

Ethereum 2.0 Project Enters Final Stretch, Promising Massive Scalability by Summer

The project to create a faster, cheaper and more scalable version of Ethereum hit an important milestone this week, marking the beginning of the end of a long-delayed and increasingly necessary project to build a better blockchain. The Ethereum 2.0 project will boost the transactions per second...

finance.yahoo.com

I am starting to wonder if Eth 2.0 is ever going to hit.

Feeling a bit "Enron-ish".

 

[TTUcamper]

I am starting to wonder if Eth 2.0 is ever going to hit.

Feeling a bit "Enron-ish".

Bloomberg - Are you a robot?

www.bloomberg.com

Yes you are correct

 

[ChicagoFats]

Personally, I don't think there will be a single winner, but many of the utility coins will be chosen by different countries, businesses, applications etc.

I too am high on HBAR. As well as XRP, ADA, XDC etc.

I keep investing in decentralized utility coins and zero meme coins. I believe the "winners" won't hit a centralized exchange until the last second. Right now they can be scooped up for pennies.

This. I agree with your take. I don't think that any one coin will win out. I think there will be several use cases for many coins.

I do think Bitcoin will be the gold standard because it was first to market, and the coins are not held by concentrated ownership like most other coins.

Ethereum is a great coin with the ability to execute smart contracts.

Cardano - ADA was created by someone who broke off from Ethereum. Cardano has some qualities that differentiate it from ethereum, probably worthy of another post.

HBAR - is not truly decentralized and is a permissioned network. It will have its use-cases but no more so than the other coins. Transactions per second are not what drives value. And yes, imo, once you break satoshi security protocol you are giving up security. BTC is the most secure coin imo.

All coins, or networks, are going to have pros and cons. @22*43*51 I agree with you to avoid the meme coins and stick with the established coins.

 

[Old Glory]

Was going through some Twitters this morning and wanted to share some posts I came across.

 

[Old Glory]

 

[Old Glory]

 

[ChicagoFats]

HBAR is really struggling. I bought in at $.32 a share and now its trading $.15. Can you stake HBAR yet?

Sad to say I got off the HBAR train and now my 3 main holding are BTC, ETH and ADA.

The ADA i am staking and can get 3-6% yield on those coins. Eth getting around 4-5%.

 

[TTUcamper]

HBAR is really struggling. I bought in at $.32 a share and now its trading $.15. Can you
Sad to say I got off the HBAR train and now my 3 main holding are BTC, ETH and ADA.

The ADA i am staking and can get 3-6% yield on those coins. Eth getting around 4-5%.

Stader labs allows staking, there is a how to in this thread.

 

[VosFrost]

 

[TTUcamper]

I've been buying a lot lately. May come back to bite me, but I'm just viewing this as an opportunity to get in at a low price.

 

[VosFrost]

I've been buying a lot lately. May come back to bite me, but I'm just viewing this as an opportunity to get in at a low price.

Interesting time. Arguably, now is the first time 15 years, we’ll see a hard return on cash. Was Crypto just a way to extract some value during zero rates?

 

[ChicagoFats]

Interesting time. Arguably, now is the first time 15 years, we’ll see a hard return on cash. Was Crypto just a way to extract some value during zero rates?

The Fed states that its target is a 2% inflation rate. So while you may get some interest or hard return on cash, over time your value is inflated away. With crypto's like BTC that will not happen there will be no inflation. How do you feel that compares to a hard return on cash?

 

[VosFrost]

The Fed states that its target is a 2% inflation rate. So while you may get some interest or hard return on cash, over time your value is inflated away. With crypto's like BTC that will not happen there will be no inflation. How do you feel that compares to a hard return on cash?

BTC has “inflated away” nearly 50% of its value in the past 6 months. Sure while there is no measurable inflation, its not an apples to apples comparison of “hold” value.

BTC not close to a fiat currency.

 

[ChicagoFats]

BTC has “inflated away” nearly 50% of its value in the past 6 months. Sure while there is no measurable inflation, its not an apples to apples comparison of “hold” value.

BTC not close to a fiat currency.

Fair point. I would counter that BTC is still in its infancy and value is still being determined. It hasn't inflated away its value, its value has just dropped. There is a big difference.

 

[TTUcamper]

Interesting time. Arguably, now is the first time 15 years, we’ll see a hard return on cash. Was Crypto just a way to extract some value during zero rates?

I'm banking on the fact that currencies will go away and central bank digital currencies will take their place. Hbar could easily be an effective currency for a lot of different countries right now. Most cryptos cannot say that.

I could very well be wrong, but it doesn't seem like the trend.

 

[MortgageHorn]

 

[Old Glory]

Bitcoinity.org

data.bitcoinity.org

BTC trading volume on coinbase stops after 5/6/2022. Could be nothing but it stands out as strange.

Bitcoinity.org

data.bitcoinity.org

More periods of time with little to no activity on coinbase.

 

[MortgageHorn]

 

[fliptide]

Single digits. Bought more (not sure if I should have ). In for the long haul.