You are viewing a single comment's thread from:RE: LeoThread 2023-12-11 14:59View the full contextbitcoinflood (79)in LeoFinance • last year Why doesn't the price of $HIVE really grow? This chart gives a pretty clear reason as to why.
wonder how to stop that.....it's curious to know why there are so many power downs.
There's a few accounts with some rather massive power downs. But when you see how much hive they are making on the daily it makes sense. 1/2
2/2 The Hive emissions are still WAY too centralized. But to be fair those people did take risks, investments etc when others did not.
Oh for sure. You see it with the top rewarded creators, curators, witnesses, DHF.....same names, each and every month.
oh really, we should be encouraged to power up more
less power up, more power down.
Supply and demand.. now I get it.
Would've been a lot higher than current price.
Frankly, this graph surprised me, it is surprising that there are so many power downs in a period like this.
And here we are, powered up like suckers ;)
But seriously, we have much bigger problems if we're complaining about sellers.
Gotta build demand for resource credits, or we will go nowhere forever.
And the only way to do that is to get a super popular app that uses Hive accounts.
I guess it is due to Bull Run. So many see BTC go up and think of stacking sats by selling their HIVE holding. T
They should be buying HIVE with BTC instead with HIVE going towards 800 sats a piece.