I bought my bag of Drip back when rewards were high, around $100 or so and reached somewhere around 350 tokens and even been buying for 1.75 Hive. Now I'm selling but price is going down even as Hive raises. When I calculate everything I'm at zero, no profits, no loss. Rewards are now lower. Also they introduced some SPS rewards besides Hive and Drip recently. If they come to another trench it will be profitable. Off course always dyor.
If you are selling, can I assume your base case is that the peg gets away from them?
I'm selling for other priority reasons. If there are buyers for 2 Hive trench the price will hold, even rise, but I'm not sure they are enough convincing. As I just checked, even their website is down ...
Our FLUX cloud hosting is down this morning, it was fine yesterday and I don't remember it being down this long before. I'm sure it will be worked out today.
I would like to correct you in that we have been paying out higher amount of HIVE basically every month since inception. We can't control the price of hive but it's up so we're paying out not only more swap.hive per coin held but also more in USD terms.
Cheers
That's great to hear, I see it's still down, but your answer is actually reassuring, it proves Drip is still here, I'm glad about that. It depends I guess on individual time of buying the token, some have bought earlier and got greater return, some later when token price started to decline so it's not the same for everyone. Don't get me wrong Drip is great Hive idea and I support your effort, I'm gamer myself and I try to invest in games as much as I can. It's just we've seen it over and over again, tokens without much utility tend to lose value faster then others, just my opinion. Good luck.