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RE: Knocking out the bear

in LeoFinance4 years ago

I imagine a lot of people are a bit worried about the Price of Hive right now, from over 60 cents to less than 50 cents, I see it as a normal thing. People, myself included, were excited to see that Hive survived a year. We had a pretty stable price of around 10-13 cents for a long time, then that first bitcoin spike, and our own and suddenly we were in the 20-30 cent range, that spike stabilized to about 25 cents. I think we will stabilize a few days maybe a week at the 50 cent range, then next week may get another slight boost because of the payouts and the first weeks worth of rewards like from a year ago when price jumped a little bit.

So far we have not really dipped below very many of the dips on Hive, of course this may just be perception on my part because I did not go and look at any charts.

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A week or two of flattishness (return to 55 perhaps) maybe. Before the BTC dump, I was looking for it to go to about 1600 - maybe it will skip ahead and get back on track fast for once :)

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