Where's the numbers proving the concept? It didn't help when it was down, so where's the proof it brought it up at all? Hive is following the rest of the market mostly and there's no evidence this is beneficial, especially when it rapes the rewards pool in the first place...
You can't prove with numbers that increasing demand for buying HIVE (or any other asset) makes the price go up, because there are always other potential factors. Nevertheless, I'm going to stick with that as the primary goal when it comes to increasing the value of my Hive stake.
I would disagree on the factual point of Hive following the rest of the market. In the last 30 days Bitcoin is up about 2%, Ethereum down about 4%, and Hive is up about 30%.
It's buying HIVE, therefore increasing demand and the price for HIVE. That benefits all Hive stakeholders.
Where's the numbers proving the concept? It didn't help when it was down, so where's the proof it brought it up at all? Hive is following the rest of the market mostly and there's no evidence this is beneficial, especially when it rapes the rewards pool in the first place...
You can't prove with numbers that increasing demand for buying HIVE (or any other asset) makes the price go up, because there are always other potential factors. Nevertheless, I'm going to stick with that as the primary goal when it comes to increasing the value of my Hive stake.
I would disagree on the factual point of Hive following the rest of the market. In the last 30 days Bitcoin is up about 2%, Ethereum down about 4%, and Hive is up about 30%.
The ppl are simply looking for cheaper investments while BTC has stalled. When/if BTC takes off again, watch hive tank.