You are viewing a single comment's thread from:
RE: Bluffer's Guide to Steem/Hive - Witnesses, Governance & Forks
This is great! Thanks!
One question - how will we move to Hive? Is there anything I ought to consider doing now? I know people are pulling delegations and powering down. Many have stopped posting already. It feels a lot like the Y2K buzz.
I'm carrying on as before for now, because I have no idea what else to do.
Hey @owasco! Thanks for checking it out and glad you found it helpful!
Firstly, the move to Hive is all automatic, you don't need to do anything, it's basically going to start off as a copy paste job with the Hive logo attached to it.
All pending payouts, delegations, balances (that includes in your 3 day savings), EVERYTHING, will move over.
I'm not sure why folks would be pulling delegations other than to powerdown more steem and sell it on the market when it's fully liquid. My guess is those folks will want to get some cash for their steem before everyone else dumps their steem and drives the price down I.e. The ones who definitely don't want to stay on the Steem chain but want to go fully to Hive chain.
Hope that made sense!
My advice, carry on doing what you're doing, there will be a transition period for those of us who are still trying to figure out what happened this last month but I hope this post clears the air a bit and whatever people decide, it's done with respect (that could be wishful thinking)!
Freaking out seems to be in style worldwide. I don't have enough value here to care about the money I might lose, and pulling delegations seems a lot like closing restaurants to protect ourselves from the common cold. I'll just carry on and not worry about, in part thanks to this post of yours. Thanks again for putting it together.
Haha well, I declare my blog a drama free zone 😁 I prefer finding things out, observing the views and actions from the different sides and then share the knowledge.
I have bought up about 24k steem with my own money so I don't want to wave goodbye to that just yet but I have also only bought what I could afford so also not too bothered if it goes to 0. I've spent more on other various liabilities (cars etc haha).
Keep on carrying on my friend, it will all work out in the end, I'm sure 😀