I love markets. It is one of my favorite things...and this is the type of things that make it fun! Recently, since @freedomexists brought his WHALECOIN back online we now have a market to compare WLS to. The whalecoins are markets withing WLS, however they should jive with one another. I am here to tell you that WLS is UNDERVALUED! Here is why...
I am constantly powering down my growing whalestake in order to put more WLS out on the open market for people to buy. With the inflation rate I think this is proper to do so others can stake and grow. So my most recent power down was for 425 WLS. I think bought bitshares where I received 382 bitshares. I market sold my WLS just like I always do, I hit the bidder. This is when I got to thinking...
I was going to continue to move into EOS, but I had a better idea. I wonder if WLS is undervalued. I headed over to the WHALECOIN market to check out the spreads. This coin appears to be one of the most liquid as people are attempting to BUY WHALECOIN in order to boost the rewards on their WLS account. Well the current bid/ask price for whalecoin is .63/.64. Then the light bulb went off...something was different.
I just powered down 425 WLS and traded for 382 BTS. Each 100% WHALECOIN vote is worth 155+ WLS at present MANA. so, if I were to throw all 382 BTS into WHALECOIN, and subsequently utilize the voting MANA, I would receive upward of 862 WLS for my powered down stake (granted I cannot power ALL of that down immediately and yada yada yada, but we are using present values here to make it easy and make a case).
This is a return of 2X the amount that I originally just powered down. So this means that WHALECOIN is either overvalued, or WLS is undervalued by a double, or somewhere in the middle. Regardless, 2 out of those 3 options is saying that WLS SHOULD BE WORTH MORE ON THE MARKET NOW! If you are looking to stake then you may be getting yourself a deal...
Now back to upsharing WLS!
I have not ventured to whaleshares yet, although i do have come coins that i was air dropped 😁
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I just got a whaleshares account last week maybe and have not used it. I heard I can cross post from steem but I know nothing. Do you know where any tutorials are about it, or have any tips and tricks?
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Steem2wls is what i use to crosspost...the link is at the bottom of this post https://whaleshares.io/@heyimsnuffles/confusioninthewhalemarketswlsvswhalecoin-rm7w54kfkx
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Thank you very much. I will try it :)
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Hi, @heyimsnuffles!
You just got a 10.75% upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in here to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.
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Ello Ello :)
Just wanted to let you know...
The New 20k Delegation poll is out. It would be wonderful if you would support our @steemitbloggers community with your vote.
https://dpoll.xyz/detail/@theycallmedan/which-steem-project-should-i-delegate-20k-steempower-to-for-1-year/
Thanks a mil.
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Thank you so much for participating in the Partiko Delegation Plan Round 1! We really appreciate your support! As part of the delegation benefits, we just gave you a 3.00% upvote! Together, let’s change the world!
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Hi @heyimsnuffles!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 3.635 which ranks you at #5716 across all Steem accounts.
Your rank has improved 17 places in the last three days (old rank 5733).
In our last Algorithmic Curation Round, consisting of 399 contributions, your post is ranked at #64.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server
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Hello @heyimsnuffles, thank you for sharing this creative work! We just stopped by to say that you've been upvoted by the @creativecrypto magazine. The Creative Crypto is all about art on the blockchain and learning from creatives like you. Looking forward to crossing paths again soon. Steem on!
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