DCITY AGENDA #6 - The Price of SIM is falling. What am I going to do about it?

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Citizens of DCity, it is my honor to address you once again. As we continue along our path, the way is set before us. And as our great friend @summertooth once said, we must continue to promise you the kinds of promises you want to be promised.

And apart from repping DCITY.io harder than any President has ever repped this game before, I have not stopped there. No, we now have a derivative use case for SIM I want to present to you all, we are going all in against the deep state. Read on for more information.

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Now many citizens have asked me, what I plan to do if the SIM price starts to fall. The night is nigh then, for me to publicly give the answer I have privately instructed - THE DEEP STATE CONTROLS THE SIM PRICE, and thus have much more control over overall task rate than any president.

I can shout it from the rooftops, but surely you already know the inevitable: the hidden hand of buys and sells controls the SIM price, and the lower SIM price goes the higher INCOME tax grows.

And INCOME tax is creeping up.

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This is not a bad thing, this is the market at work. Now that taxes are at 35%, let us consider what the options to control SIM price might be.

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If not DUMP, then what?

So you don't want to dump your sim anymore? There are two regular strategies and 1 bonus gold strategy that I have for you today.

1. Buy Cards with SIM

Each 800 sim will buy a new, randomly generated card from either 2nd edition, or first (while print dates last!)

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2. List SIM for higher prices

Buy utilizing the market, you can list sim for any price you want, including 0.005, the peg, or above or below it. You don't get that instant gratification like if you dump, but you choose what price to sell at.

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3. Convert it to dividend paying DHEDGE tokens

And now our golden bonus option, a new challenger has emerged! As announced on Income Synergy Fund Blog, @discohedge is now accepting SIM in it's Discord based Hedge Fund.

https://twitter.com/EcoInstant/status/1305562788954279938

How does this work?

Instead of selling your SIM on the market, you send your SIM to @discohedge.

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And then you handle the DHEDGE! DHEDGE pays dividends weekly on Sundays depending on the earnings throughout the fund.

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The liquity on the market is not yet very deep, but there is work being done on the back end to lesson slippage.
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I hope this lesson was educational - the POWER is YOURS!



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11 comments
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This made me want to do discohedge.

Does discohedge vote the SIM for you as president?

I was increasing SIM to support you.

Posted Using LeoFinance

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Yes sir! Good question, thank you for asking, this is like incentivized SIM savings - I say go for it! I appreciate the support.

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I may consider the third option once my SIM income is larger. Currently, I only make about 1000 SIMs a day through war profits.

So, I just buy 1 card a day.

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Oh the rando per day strategy! How is that working out for you? Any amount of SIM at any time, keep building
!bro

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It's been working okay. Nothing too rare at the moment.

But, getting Research Centers and Art Galleries is not too shabby.

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bro.gif

You have just been bro-fisted by the guys in the man cave and now have 1 more BRO. Enjoy!**

For more info, please give us a look in here: https://discord.gg/qd8J2x3

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Dhedge sounds like an amazing idea!

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