The 2017 "HIVE" Silver Round

Going through my collection of silver rounds, I came across a token with very unique significance. Seven years ago (going on eight), this guy (ironshield) made an account on a blockchain called STEEM with a variety of thriving communities. Some posts were making HUNDREDS of dollars, because they rewarded so much of the token that was worth over $1.00. This got people interested in posting (frequently) and commenting (frequently) and curating (frequently).

Much time has passed and the blockchain forked into what we know now as HIVE. It's a long story, I'm sure anyone curious about it can learn all the details, but most of the communities followed onto HIVE. Some rules have changed, activity has changed, token value has changed... but the biggest buzz about the previous blockchain has sort of been realized. That is "SMT" or "Smart Media Token" realized with 2nd layer tokens on hive-engine. Anyone can now make their own 2nd layer token. It's not as fast as the main chain, but completely useable and still faster than the legacy (but much more valuable) coins like BTC or ETH.

The best coins of all are made of physical metal, preferably precious like silver or gold. That is why one of my greatest investments was getting this 2017 Silver round using exclusively crypto currency. Posting and commenting earned me enough to hold a physical token in my hand.

Much of what made the old blockchain so great is still here today, despite the cynics. It's far from perfect or fair, but as our long time block-chain enthusiest @papa-pepper said "Don't post for free." I've taken that advice and left Facebook and Insta and all the rest and only exclusively use media related to THIS chain.

I have to admit that by 2024 HIVE was supposed to be over $10, I mean how could it not? But the post and earn and sell routine is attractive for many and I get it. Instead, I post and earn and INVEST back to earn more and this tactic has been working well for me.

Maybe someday we'll have a 2024 HIVE token similar to this one. I think it may be dependent on on-boarding, activity and HIVE purchasing. All of which are within our grasp.

Until next time, bless the Most High!


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Benjamin Turner: God fearer. Rooted in Messiah. Husband of @lturner. Father of SEVEN wonderful children. The guy behind the camera. Blockchain enthusiast.

Bless the Most High!

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38 comments
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You received an upvote of 100% from Precious the Silver Mermaid!

Thank you for contributing more great content to the #SilverGoldStackers tag.
You have created a Precious Gem!

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Man, we used to have epic posts at the old steemit days. I made so much bank off a series where I made an Apple cider press from scratch. I kept my steem rounds, I've only given away 1.

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I wonder how many "old timers" are still active here from 2017?

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that by 2024 HIVE was supposed to be over $10

Who said that?

Thank you for sharing.

I'm having a !MEME of a #FUN time on Hive.
May Positive pepEntropy be with you.

!LOLZ

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Who said that?

People who were feeding the FOMO back when STEEM was going up... by extension HIVE was supposed to do even better!

In 2017 STEEM went from $0.07 to almost $2.50. People made a lot of money on that pump if they sold, but instead many held on with claims of double digits in the future. I bought at $1.60 and I expected it to only go up from there.... I was a crypto-newb who bought into the hype. STEEM did later go up to $6.00 and I sold some, but still surely we'll be seeing at LEAST $10.00 soon. HIVE all that much more after the fork.

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Amazing. Just like playing penny stocks on a stock exchange. Mostly runaway emotions and failure to exercise the frontal lobe. !LOLZ

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failure to exercise the frontal lobe

Yup, the "high" of a pump and the prospect of more instant wealth, prevents people from selling. Sometimes it's time to sell, even if it's not at the peak. It's better than holding the bags until the deep deep valley.

Although selling the hill instead of the mountain can happen too, look at all the BTC stories where people recount how much BTC they had in the past before selling at 1 or 2 thousands.

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Best to have a well defined strategy before executing any trade.
Now you do have to be disciplined. !LOLZ

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Don't rule out "Pocket-Change" Golden Hive Rounds... I'm getting closer and closer to going out to Stake a Mining Claim on my discovery... I'll have so much Gold, I won't know what to do with it... So, why wouldn't I make some Special Gold Rounds to pass out to my friends...

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That's a fascinating journey through the evolution of blockchain and cryptocurrency.
And it's great to hear that you were able to invest in a physical silver round using cryptocurrency.
It's a testament to the real world value that can be derived from these digital assets.

!STR

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I believe someday physical silver will become unaffordable, so whatever we have now is all we'll ever have. Generational wealth.

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I hope at some point in the immediate future Hive will indeed reach $10 😀
!BBH
!pimp

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Immediate is right, but I've been patiently waiting 7 years now... I have a lot of patience. Maybe it'll take another 7 years. !BBH

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I remember those Pre-Hive days.
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I will probably hod on to mine... forever. !LOL
!LADY

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