WHALESHARES SURGED MORE THAN 627%!
Hardfork 19 is here and WhaleShares rewarded everyone who have trusted the project from the start (even though we are still in the alpha!). Previously I was writing about WhaleShares being overvalued with its currrent price of 1.9 BTS per token. 100 WhaleShares would give you between 15-30 dollars and it was not worth at all to buy them from the exchange.
WhaleShares tokens surged massively as they are 4 times stronger now. There were discussions that the whale votes will be less strong after HF19 so people were selling those tokens really cheap. Oh they were so wrong! You can think of it as selling Bitcoin at it's lowest point and after you sold, it surged 100% up and it never came back to the lowest point.
Right now you can buy 1 WhaleShares token for 5 BTS. Everything below this price was bought up. You can see the current price on the BitShares exchange - https://bitshares.org/wallet/#/market/WHALESHARE_BTS.
Probably even 5 BTS for a token is a good price, problem is that you have to consider the voting power of the whale that is doing all the voting. Right now it is just OfficialFuzzy.
I am hoping Htooms will also join the cause soon.
WhaleShares tokens are very strong now. They could increase payouts by 100-250 dollars, give you more visibility, bring you more followers and increase your reputation.
They can seem expensive for you, but they could probably surge even more later in time. Using them to increase your payout is just one thing the token can do.
- WhaleShares is also a community of people. On our discord you can get to know some amazing people on and help each other out. Maybe you will not even have to use that many WhaleShares as you will be getting votes from other sources too!
- If more people join WhaleShares and delegate some steem power into the voting account, the power of those votes will be stronger and thus increasing the potential payouts even more!
But there is still time to get some! There are still contests with WhaleShares prizes. Try to get some even if you have doubts about WhaleShares before!
There are some of the contests going on right now:
https://steemit.com/whaleshares/@patelincho/fork-whaleshares-minnows-and-something-more
https://steemit.com/poker/@eirik/this-is-a-great-time-to-start-with-poker
https://steemit.com/art/@joviandres/whaleshare-contest
https://steemit.com/beyondbitcoin/@officialfuzzy/beyondbitcoin-bounties-whaleshares-meta-token-logo-contest-round-2-3-winners-revealed-inside
If you don't like contests, you can still join our discord to try to get some for being active here. Familiarize yourself with people on steemit and make friends! Our discord is full of happiness and good moods. If you need help with anything, this is a good place to start!
We are growing steadily. We now have over 500 people on discord with many people always in the voice chat.
https://discord.gg/zsdWYQX
Thank you for reading! See you soon!
Some of my older posts:
https://steemit.com/tutorial/@eirik/color-correction-is-your-friend
https://steemit.com/whaleshares/@eirik/is-the-price-of-whaleshares-overvalued
Dear @eirik,
how can I join Whaleshares? I cannot understand the system.
Hello kalemandra.
It is very easy. To join WhaleShares project, you have to just join discord. There we can help you with any questions you can possibly have.
When you have WhaleShares tokens (from contests, giveaways), you go to WhaleShares.net and proceed. I wrote tutorials about WhaleShares in the past, so don't worry and ask me! :)
https://discord.gg/NTKXJhK
Interestingly I went to openledger yesterday to buy some whaleshares. But I was unsure why there was such a massive disparity between buy and sell price.
To me the price felt a little on the higher side to attract too many minnows. Can you highlight a typical before-after case of whaleshare vote being cast?
Hello nrajesh. I think what you see on the exchange is typical behaviour. People want to buy for lesser than the value of token and people want to sell higher than the value of token. (because why would they want to sell it if they could use it?)
Highlight? 50% vote, which is 50 tokens, can increase value of your post by more than 110$.
5bts is a good price! 10 maybe not at this second lol
Great post, thanks for the info!
5BTS per token is probably price that is still worth it to buy actually!
It is all about the voting power now, but 50 tokens for 250 BTS could still increase your post payout for 50$ more than for what you have bought those tokens!
Love the Analysis.