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RE: Alive Staking Blurt Powering Day 16-09-25

in We Are Alive Tribe6 months ago (edited)

Buying 1,000,000 ALIVE tokens on the #HiveEngine market currently requires someone to (buy and) spend way more than $2,900 worth of SWAP.HIVE. 💸💸🤯🤯🤣😂

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Yep, the ALIVE price is in a pretty good place right now indeed. 😁🙏💚✨🤙

!ALIVE
!BBH
!INDEED
!WEIRD

However, someone who would like to sell 1,000,000 !ALIVE tokens (!HOPEfully not) will not even reach $2,200 worth of SWAP.HIVE !INDEED. 💸🤯😅

!WEIRD
!HUG

Ben would likely buy all open sell orders, as he's been doing recently, which is one of the things which has boosted the price a good bit. 😁🙏💚✨🤙

!ALIVE
!HOPE
!HUG
!INDEED
!WEIRD

There's the other option of simply putting a buy offer of 1,000,000 !ALIVE tokens (or something as low as 100,000 tokens first) on the #HiveEngine market (assuming there is enough SWAP.HIVE to do so), such that it would practically be the "floor price" of the token !INDEED. 💸😅

!WINEX
!HOPE
!PIZZA

Yep, that would work as well. Having a good floor is important. 😁🙏💚✨🤙

!ALIVE
!BBH
!HOPE
!INDEED
!PIZZA

I think that we should also consider that having a good ceiling (lowest selling price) is also important in this case! 💸🤯😅

!WEIRD !INDEED !WINEX !ALIVE !HUG

Indeed, the buy and sell prices should be very close. 😁🙏💚✨🤙

!ALIVE
!BBH
!HUG
!INDEED
!WEIRD

The optimal difference between the lowest selling price and highest buying price for a token on #HiveEngine should be 0.00000001 SWAP.HIVE. 🧘‍♂️😎