RTB Token & Network
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Satella
Satella@bbs
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Feline enthusiast, software engineer by trade. My hub for tutorial, you can do requests there or as questions too.
https://bbs.market/METABBS/posts/OPvCzGIdHTvTQ6xdxqQF
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Is this the bottom?
We're in a bearish pattern but the buttom line of it is definitely almost flat and we're just above the ICO price. Will it be defended? I do believe it will depend on how long the current pattern lasts in a battle against the app release which I'm pretty certain should by any mean bring more investors to the table and mechanically rise the price. Though I'm not sure it would thave this effect day 1 but people tend to fomo on cheap newly listed assets, but also an app release isn't the same as a listing but it would bring visibility nonetheless. I'll keep you in the know. NFA, DYOR Satella
May 25, 2022
RTB Token & Network
Not a bear flag but a rising broadening wedge
Well I guess it makes more sense becaus of how tiny the triangle was but that also means it's breaking to the downside but may stay in action longer. I'm still waiting for the app release as a catalyst to bring us up. I'm therefore not exchanging my tokens for a while. At least until I know if we're going up or down. I'll keep you updated with more as I see more. NFA DYOR Satella
May 24, 2022
RTB Token & Network
Looking at the short term and mid term, weekly chart looking bad yet hopeful on long term
Bitcoin made a historical 8 weeks into the red could well become 9 by next week. We definitely are in a bear market and in a recession arguably a depression even, the world is a scary place right now with war, shortages, talk of famine... Yet there is hope. The average recession since the end of WW2 lasted on average 11 months and we haven't had a global crisis like this since crypto was created. We are in untested teritories and as much as this sucks to live it day by day, this may be the best time to be alive in crypto. People who bought the dip during the great depression they are the rich and wealthy of the 50's and 60's. People who bought the dip of the dot com bubble are wealthy without measure also, sure some of the trades went to 0 but in crypto if there's utility and a solution solved you don't need the company to operate anything. And so I come to BBS and other cryptos I love for their utility. Are they solving real world issues? Ask yourself that. Are they? Is in your opinion BBS solving a real world issue in a world that is more and more controled and censored. Is the blockchain powered blog of sort you're using every day solving something about it? And I won't give you the answer, you need to reflect on it and maybe you can tell me in the comments what you thoughts are. Well if yes, just accumulate, hold tight, be happy, your assets have no reason to go to zero. If the answer is no, and you think there either is a better competitor out there or that the thing BBS or actually any crypto you hold doesn't solve any issue then exit it ASAP. And that's something you need to answer for yourself. I may be wrong, you may be wrong but if you fail on your own terms then you grow, if you fail on my terms you will not learn and just blame me. But if bitboy is right, if we're still in a bear market and the 4 year cycle is exactly on track well, we might get another -66% discount on BTC by the time we're done. Notmally I'd say 20k was the top of the last market so BTC will not go furter down. In a global recession with a parabolic top that was killed by Elon Musk's BTC being not green FUD? We could have external factors that makes things way worse before they can be better. In that light we could see more blood on the street. Especially if another stablecoin like USDT were to explode mid flight. My point is not to scare you but make you realize that looking at the price every day if you have emotions about it can be and is scary. But if you believe with arguments and proof that what you invest in is sound and useful technology, then you should be joyful to be able to DCA at -75%, -87%, -95%... Especially when you realize that the upside from there to +0% could already be a 20x and you already thought the initial price was cheap. And sure, it could all fail but if tomorrow crypto is no longer a thing it's either because the internet is dead or that the whole economy didn't recover to a point where society collapses and then it doesn't matter anyway because the 1's and 0's on your bank's computer can't buy you food anyway. That is why you should learn, research, believe and make the leap of faith but never ever do the mistake of putting all of your life's work in one single thing. Have a contingency plan, have 2 or 3. Maybe your returns will be less because of that but if you eventually need the contingency you'll thank me it was there. So hang tight, it's a bumpy ride but by the time we hit the peek of the next bitcoin cycle if you followed this logic you should already have made inimaginably large gains. I do believe that in comparison to current market shares of web 2.0 companies, a well working and undisrupted BBS Network could hold easily a valuation of 1 trillion dollar by 2030. That would make each token worth 4 digits. Now imagine buying at a 30th of a dollar. NFA, DYOR Satella
May 23, 2022
RTB Token & Network
Buying a pinned post, after 3 weeks, was it worth it? Has things changed?
This is by far my best buy in terms of clicks. In the time it was mine and pinned it racked well over 350 clicks and so far, something like 2 weeks later is up to 400, so at least for a while it also is a steady stream of money. But it is worth the price? Are there alternatives? Well introduces this week are the posts of the week and to my surprise, my winning post got another 15 or so clicks since it was talked about in the pinned post, I suppose, though I have no way to check that the 2 other posts linked there are the same way. If so it may be a cheaper, more sustainable way of gaining a few good clicks. After all if my pinned post costs almost $360, I can buy maybe 6 to 12 winning posts with the same amount depending on how people fight for it. Especially knowing I got my pinned post relatively for cheap compared to some other weeks. As a conclusion I don't regret my buy at all. It's the easiest $30 I've made but you may want to look for slightly more work intensive, cheaper alternative especially if you struggle making loads of community cash. Talking of which, here are tips to help building community cash: Satella
May 22, 2022
RTB Token & Network
Crab crab crab matket!
I made the video earlier and forgot to post it, doesn't really matter since we've been not moving at all for the past 3 days or so. I mereley wanted to point out the 29.9 ratio that since got down to 29.6. There's not much to say I haven't said already with this low low volatility. I'll keep you updated as soon as I see more. NFA, DYOR Satella
May 22, 2022
RTB Token & Network
I love the new update about best posts of the week
Best posts of the week are a great way of making people thrive for greatness. After all, many people, me included have realized that many smaller, less elaborate posts gives you more money overall than elaborate and well crafted ones. Though with the possibility of a big reward each week for having one of the best posts out there is a sure way of driving the want and need for quality. And since the rule is that only the posts absolutely about BBS Network qualifies it really makes you need to search really hard for a good topic. After all you don't want to use your good idea and execute the post poorly just to have the idea lying around and it being read and reused. And so we're clear I do mean elaborated upon, reforged and talked about under another light, not just copy pasted, that would be against the rules. After all I'll admit it, I read other posts, find interesting idea and spin them around to see what I could write about it, see if I can make it better or even, maybe have the new data be the final piece of the puzzle for either an idea I thought was complete or the middle piece that connects multiple smaller ideas that I didn't think could go together. I'll say it and I'll keep saying it. We learn together only if we actually try to. After all I could go around looking at the news and talk about how BBS Network is doing using the data I see, the TVL, the fluctuation in users... I could even talk about how the top holders in community coins move overtime which would give me a purely observatory view on the situation Sometimes reading a completely conflictual post with my views shows me there could be more to the story, another way of seeing the full picture or sometimes it's just seeing a completely factually wrong post that inspires you to set things right. You already know I have a thing for giving everyone equal chances at knowledge at least when it comes to BBS Network where I have an actual chance of guiding people on what's good, what's bad and what you should avoid doing. In hope that this inspired you all to try harder and make better posts or at least make one really good one from time to time. Satella
May 22, 2022
RTB Token & Network
🎉 I looked at my balance and it had moved - Looks like I won a lucky draw 🎉
I wasn't aware this was a thing. And from looking at things it's about 20 minutes old on the sticky post. That's a pretty neat thing to wake up to I must say. I'm happy to have won something! :D 🎉🎉🎉 Looks like my post was declared a good post: Satella
May 21, 2022
RTB Token & Network
🦀🦀🦀 Crab season is open again? 🦀🦀🦀
Looks like we're side trading just above the ICO price or $.033. Which isn't too bad for accumulation frankly. I wish we were closer to it to take more profit as the further we go down the faster the rate goes up. That's the beauty of fractions. From 3 cents with 1:33.3333 to 2 cent, there's only 1 cent but we increase by 16.6666 the number of tokens while from say 10 to 9 it's only a 1.1111 increase. I still believe there's possibilities to go lower but that won't be validated for another few days especially if we keep catching crabs out there. I'll keep you updated. NFA, DYOR Satella
May 21, 2022
RTB Token & Network
Broadening wedge, this is bullish af
I just realized why the sharp downtrend wasn't making sense but looks like it totally does with this bullish pattern. Though it doesn't invalidate the possible beat flag inside of it, just that we may see an up that will go down again while we still are in that wedge. The break target is around 15 cents but I don't see the pattern break just now. I'll keep you updated! NFA, DYOR Satella
May 20, 2022
RTB Token & Network
Oversight on PC version?
Someone just pointed to me that there was a staking link in the profile and I went and looked and surely enough nothing, but I also realized it was a mobile screenshot so I minimized the screen to mimic a phone CSS and it actually is there. For now it looks like the link does exactly the same as going to the wallet and clicking staking rewards so I'm a bit confused by that redundancy but it's odd enough that I wanted to talk about it. Satella
May 20, 2022
RTB Token & Network
Good and bad news
Looks like nobody unstaked their tokens which is pretty good so far. That's the only reason I expected a capitulation candle soon. The bad news is we may well be forming a bear flag and go down further. It's not confirmed get though. Aside from that the RSI is still sharply declining into very undersold with no real want to go up or so it seems so I'll just keep monitoring and tell you when I see something worth mentioning. NFA, DYOR Satella
May 20, 2022
RTB Token & Network
When the price hasn't moved all day
I guess I expected volatility from the TVL but it doesn't seem that it's changing so that would have been expected otherwise. But that's still makes me feel a bit dumb not taking profit at 1:30! In a way that could be a bottom because we're just above the ICO price but also it feels like RSI wise we're not ready to move up. So I guess those are more or less the possibilities. We could also crab walk forever but that's pretty unlikely :D NFA, DYOR Satella
May 19, 2022
RTB Token & Network
Very low volatility today
I'm not exactly sure why but the TVL value hasn't moved, event with the +10M tokens that should have unlocked. Could be that people haven't yet logged into it to get everything up and running or removed funds because they are scared. I guess we will see by the end of the day if we're just staying with that very small candle and almost no wick. That would actually be a surprise if that was the case. On the other hand with the RSI we're converging again between smaller timeframe and longer as the long goes down and short up. I'll keep you updated as I see more, NFA, DYOR Satella
May 19, 2022
RTB Token & Network
Yesterday the price suddenly rose up to 1:21 while the exchange rate was still down
I told you that I got an answer from 0xReclamation that told me he forwarded the issue to the devs and today he came back to me with an answer: So every day we learn more about how BBS exactly functions and I can finally rest easy knowing that this isn't some code related malfunction or anything but that arbitrage may take a bit to repeg the whole thing. I also solves the issue of the red warning that seemingly didn't appear on some very volatile moves while sometimes showing up with the price doing virtually nothing. I hope this helps you as much as it helped me. I love solving those little mysteries. Satella
May 19, 2022
RTB Token & Network
The place to be is BBS especially in a bear market, here's why
Crypto has been hit pretty hard these past few months and especially in the last week with LUNA being wiped out of existence but one of the most damaged sector is the earning crypto sector. Play to earn was supposed to follow a narrative where people would still play games even if we were in a bear market and that seems to not be the case that much, it's because of one key element and that key element is where BBS shines compared to your average farming crypto operation but I'll explain that later on. What you need to understand about earning crypto in general is that whenever you get rewarded for an action you generally get rewarded with a pool of tokens and it doesn't really matter how much the token costs, more like how much is left in the pool. So say your average p2e token gave you 1 token a day on average which was worth $1. Let's also say you have a crash, now the token is worth $.05. Well instead of earning $1 a day you earn .05. Makes sense right? So all the people that were in the space for greed got wiped out and no longer will want to participate right? Well not let's examine how BBS is so different from that. We have the 3 tokens logic. Community tokens, cashable tokens and BBS Network tokens. When you earn cashable it's based on a more or less flat rate decided by the banner but that has no correlation with real life valuation of the end product token. So when you create 50 impressions at say $200 CPM on a post you published and own, you earned 200/1000*50 = $10 cashable. This is redeemable any time no matter the valuation of the token. Meaning that say you have $10 cashable and you want to exchange them you could get a wide range of tokens. Which also means that if you're trying to sell them instantly after getting them, you still earned those $10 even with an asset down 99.9% which was not the case with the play2earn example. Not this doesn't prevent you from having the market fluctuate on the tokens you already have redeemed but I do believe it is a very important difference because it means that every single time we're down significantly you get to accumulate way faster your tokens. Say for argument's sake that BBS's price is $1, 1token per cashable, let's ignore the fees, (it's just an example and I don't feel like working in the 30.09% variable). You can exchange it 1 to 1 or wait for it to go lower and if we got into a 95% drop bear market you suddenly get to have a .05$ valuation which means you get 20 times as many tokens. I don't know a single platform that lets you farm like this and this is great because the more bearish short term it gets the better it is. Of course while you still believe it's going to flip bullish eventually. Satella
May 19, 2022
RTB Token & Network
The cashout price has still to return to it's peg with the price of the actual token
As you may be aware, yesterday we hit an exchange value of 30 tokens per cashable. I warned that we may reach even further down but the unthinkable happened, we suddenly went up to 21 tokens or so seemingly out of nowhere. I investigated and turns out the cashier value showed a BBS exchange rate that's absolutely not right compared to the ratio you saw while cashing out. I reported the issue and 0x told me it looked like a bug but it's still no fixed. Todays' prices are the following: In a normal day I'd say okay. I don't care as long as it's fixed I can wait. But especially today when the quarterly staking ends that we'd get this type of issue... You know how much I'm bullish about BBS but I'm not a moonboy and I will call out any weird stuff happening and this sounds mighty convenient that we're currently getting paid in tokens that are virtually inflated by about 22% when we were potentially about to hit the lowest point in price since ever. I profoundly dislike having to report than but that's also part of being honest in reporting my findings. Satella
May 19, 2022
RTB Token & Network
Cashable price issue reported to devs, possible day looking like last tuesday
We've had some weird cashable action that 0x told me he reported to the devs, hopefully will be resolved soon as the unlock of the staking is only 14 hours away. I could see a green day half of the day and getting dumpy on the last hours. Especially with how low the RSI is getting and unless there's abnormally high fear in the market we should be continuously dumping at such a low level. Though 3.3cent is a critical level to hold as it is the ICO price. I'll keep you updated as I see more. NFA, DYOR Satella
May 19, 2022
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62k posts celebration today! 63k tomorrow, 64k the day after... Just stop.
We get it, you don't know what to talk about. There's about 1000 posts a day here. That's the same as celebrating the numbers of days in the year or ever 10 impressions you get. Can we just stop making low effort posts for clicks and actually look for real engagement and real content creation please? Satella
May 18, 2022
RTB Token & Network
Why is the cashout rate acting like we're trading a almost 4.6 cent?
I've been puzzled for a while about the price of the cashout moved up so much while everything points out to the price being more around the 3.xx cent region. Is it not directly linked to bancor price? I would very much like to know if there's more data coming into the creation of this number because it just doesn't look like it fits. So which is it? I think we deserve some clarity on this. Satella
May 18, 2022
RTB Token & Network
I may have been wrong saying there's no capitulation candle before tomorrow
I still expect a very red day tomorrow but we might be seeing a capitulation candle right now as people are selling into fear which I still expect will create more FUD for when tokens unlock. Please don't let yourself be controlled by fear! NFA, DYOR Satella
May 18, 2022
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