The Chart Looks Much Better and Converting 500,000 SPORTS To SPORTS Power

In the bull run, we see more green candles in the chart and the overall price is going up. Since the price does not move in a straight line, we see up and down movement, even the price is going up. Recently HIVE hit $0.40, that's great!

SPORTS price chart_17-02-21.PNG

During the peak moment of HIVE price, Hive Engine token price usually falls. And this is what you will see if you check out the token price on Hive Engine. Even in this time, SPORTS is doing much better.

You can see that SPORTS price went down a little bit, not that much. SPORTS buy order is 0.00031 HIVE and the sell order is 0.00033 HIVE. I made a video talking about the quick changes on SPORTS price when HIVE hit $0.40. In case you have not watched that video yet, you can watch this video.

Today I stake 500,000 SPORTS tokens. If the proposal for advertising change passes with the majority vote, it will positively impact the whole SportsTalkSocial ecosystem. You can cast your vote now if you have not done it yet. Burning SPORTS tokens will reduce the token supply, and it can also increase the demand. So there is a chance that SPORTS price will go up in the future.

Converting 500,000 SPORTS To SPORTS Power.PNG

Converting 500,000 SPORTS To SPORTS Power 2.PNG

The SportsTalk community is expanding and getting stronger day by day. I think this is just the beginning. If we all are together, we can do much better. This is the platform for everyone whether you make any sports content or not. You can still get involved and support others content as a content curator.

Needless to say that the curation reward is impressive, and you do not need to worry about maximizing the curation rewards. You will get 50% curation rewards based on your SPORTS stake, so there is no need to compete to vote at the right time within the first 5-minute window.

What do you think? Please feel free to share your thoughts in the comment section. Thank you so much for reading this post.



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21 comments
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I remember when SPORTS were worth so little that "you might as well stake them" now I see my stake is worth a Benjamin. I like the straight forward curation rewards, it encourages me to log in and leave upvotes. I tend to skip over the actifit posts though...

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I also like the linear reward system. And now with the new ad-program we will have a additional sink for sports! :D

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I also like this curation reward system. You will get your part of curation rewards and that will not cut off due to not voting at the perfect moment.

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Congrats, you were upvoted from this account because you were in Top 25 engagers yesterday on Sportstalksocial .
You made a total of 2 comments and talked to 2 different authors .
For more details about this project please read here - link to announcement post
You can also delegate and get weekly payouts.

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@rezoanulvibes good analysis from you....

The SPORTS token will keep doing well if more SPORTS are converted to the sports power....

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With more sportspower you as a individual have more power to affect the community. If you are a believer it should be a no-brainer to power-up :)

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What people think about SPORTS token and its potential, that will reflect in the price. With the increase in SPORTS price, everyone would be benefited who holds SPORTS.

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I think it's a good choice. We have so much going on at STS now so we might see a increase in price.
I'm a strong believer in our community, we just need to get more people come here and create content.

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The combined effort is a must to move forward, so what we as a community think matters. Hope more people will see this and get involved in this tribe.

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It's our responsibility, all people of the community. If we all can invite one person, then we will be over 2k!

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(Edited)

@rezoanulvibes, if you look at the Depth chart, you will see that the number of sellers are piling up with large amounts to sell. Besides the number of buyers have dwindled and the amounts to buy are also not big. This is an impending sign that Sports price is going to take a beating for a while before it sees an uptrend.

Hopefully, the price doesn't dip too much.

image.png

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The selling wall is huge. It is hard to break if there is no significant buying pressure. Everyone has the right to do what he/she wants to do with tokens. Hope SPORTS tokens will not sell at a low price.

The time will say what would happen.

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(Edited)

Even if the price does dip it will be a temporary phenomena. I suspect many of the current writers in Sportstalksocial are young people including those who are students and young graduates. I think most of these people are constantly in need of cash, however small it may be. If so, you cannot prevent them from cashing out.
Long term investors would consider such price movements as noise, which needs to be ignored.

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Congrats, you were upvoted from this account because you were in Top 25 engagers yesterday on Sportstalksocial .
You made a total of 3 comments and talked to 2 different authors .
For more details about this project please read here - link to announcement post
You can also delegate and get weekly payouts.

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The earlier one recognizes the value locked in SPORTS token, the better. While many are busy dumping, we are busy buying. When SPORTS goes 50x, we'll be selling and they'll be re-buying. The irony of life.

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Well said. When the price of a token goes up, everyone notices that, but when a token is undervalued, many people don't think that exists. Time will say everything.

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I believe that the prices of tokens will not have any significant movement unless there are some drastic changes in the platform and its development. There is a need of traction with external world with sportstalk directly. Publishers should integrate their content with the platform and we should see a great content also coming into the platform

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Sports token shows a nice good move.
Love to see the green candles.

Congratulations on powerup 500000 sports token.
Can you please add the proposal like so that I can also cast my vote.
Tha ka for sharing the post....

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Aap some sports Token. after your post I am just thinking about also do buy some sports token for taking up

Posted Using LeoFinance Beta

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You can do your own research and then make your decision on what to do. That will help you make a better decision.

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