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RE: HIVE and SPORTS Price - What Do You Think?

in LeoFinance4 years ago

Honestly speaking the falling prices of sports tokens are discouraging for the new comers. Its not worth your time to publish the articles as the real sports related content never gets good up votes. The typical posts that get votes are powering up and actifit posts. This scenario is quite disappointing. Falling prices leads to people going out of the platform. You may earn a little bit of tokens from the engagement activities of @amr008.sports but that can not be justified by creating a good content. In my opinion sportstalk is becoming just another frontend for #hive.

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If it is thought that SPORTS price will always be like this what we see in the market now, that can be disappointing. I don't think it will be like this in the future.

It takes time and effort to make content. I know what it feels like making content without any significant support. If someone makes sports-related content consistently here on SportsTalkSocial, I am sure he/she will get noticed, then he/she will get more support. Thank you @gimmetricks1 for your feedback!

Recently, i interviewed a sports tech investor in India. I happened to meet him after writing him for few months. I have made a post on it. His views were very clear. They are considering the content monetisation through blockchain. However, looking at the prices they believe that the mainstream sports stakeholders like content companies and clubs or celebrities would not like to come to the platform as google ads provide a better ROI than the Sportstalksocial posts. Even if they create a pool account for their portfolio companies and vote 100% on every post of their portfolio companies in content development its peanuts as the governance value may increase but profits will not. Hence the front end owners and the leaders like you need to really think about the economics of the token to be attractive for the sports community outside hive.

@gimmetricks Sorry I missed your post and it's too late to vote on it. It's hard to find good content to vote on when 95% of the stuff I click on is garbage, so some good writers never get found. I am following you now so if you continue to write good material you will get my vote.

As for the falling prices of the sports token, one of the whales decided to start dumping most of his tokens the past few weeks. It's hurting the price but it's also a good opportunity to buy in dirt cheap.

I am really happy that you noticed me. I have been tracking the sports developments and noted that the then-biggest sports whale have dumped the tokens. This has really created opportunity but it may linger near these prices for another 13 weeks or so if he goes on dumping. Anyways what is more important is there are certain whales who are really respected like you and you noticing my post matter a lot to me than anything else.

Thank you for the bog SPORTS stake over the last week. This qualifies you for this big comment upvote since I can't find a recent post.