InvestorsHub Logo
Followers 9
Posts 697
Boards Moderated 0
Alias Born 10/24/2011

Re: Stewguts post# 328

Thursday, 02/15/2024 3:12:03 PM

Thursday, February 15, 2024 3:12:03 PM

Post# of 441

...and my reaction speaks for itself...


yes your reaction speaks for itself that you don't bother go past third sentence.

...I anticipate that the Hbar price will surpass its previous all-time high of 57 cents during the upcoming bullish phase...


a Nostradamus argument to..

...rendering your petition somewhat inconsequential...


is second time when I post something and you got this arrogant attitude of Hbar specialist. no problem with that, but then enlighten us on the rest of "my petition".

There have also been massive executive compensations via HBAR or potentially HBAR tokens that have been converted to US Dollars, as has been brought to my attention by one of the earliest Hedera investors.

For reference, members of the Board, the Governing Council’s different committees, and transaction signers of Hedera Hashgraph LLC. are paid up to $250,000 a year. To make it clear, these are not full-time engagements. Only some compensations are publicly visible on
help.hedera.com
The cumulative compensation of these individuals and 30 MNEs is not public, yet based on calculation, it should be significantly more than the Hedera Network’s revenue. The network revenue that many believe is fully generated by HBAR given to Avery Denison by The HBAR Foundation and indirectly the governors of Hedera Hashgraph LLC., which also includes Avery Denison.

There have been billions of dollars worth of HBAR given to these grant-giving organizations and very recently, another 4.86 billion units of HBAR have been allocated to The HBAR Foundation and Hashgraph Association, worth almost 400 Million USD. Are there no other entities qualified to grow the Hedera network and become grant-giving organizations? Have these two entities shown so much success that they should be given this amount of HBAR to ultimately directly or indirectly sell on the public market through grantees?

There have also been cases of Hedera Governing Council Representatives switching roles between different entities such as the current Australian Payments Plus representative who switched roles between different governing council member companies and grant-giving organizations.

All these entities have often pointed out Hedera’s focus on the enterprise and according to the community, ignored the retail market, while the retail market has been absorbing all of the selling pressure on the HBAR market driven by these entities.
These entities also market Hedera to retail to attract liquidity. For instance, they paid to put NFTs created on the Hedera Network on Times Square, whilst many of those projects ended up going nowhere and just as recently as two weeks ago, they started promoting meme coins in a public ‘X Spaces’ audio chatroom organised and hosted by the HBAR Foundation.

For reference, a major CEO of one of the most important organizations in the Hedera ecosystem claims that The HBAR Foundation has been selling 35 Million USD worth of HBAR every month. I have not personally verified this, yet this person is one of the most important people in this ecosystem and is vital to Hedera’s biggest partnerships. This begs the question of how much more HBAR is being sold every month?

Moreover, tokens allocated for project funding have not increased the value of HBAR, but rather contributed to significant sell pressure and dilution. This lack of transparency and disregard for investors' interests is unacceptable. Many of the projects that have received very big grants have not delivered anything or only some insignificant product. Oddly, many major, critical ecosystem companies are failing to survive and maintain critical infrastructure, often forced to integrate competitor networks to survive.

Another issue is that Hedera has been promoted to be used by the governing council, yet barely any of them are using it for anything. At least it is not known by the public.



You assume a lot.


when is no transparency yes, I assume a lot.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent HBARUSD News