The valuation of HIVE depends on the demand. To increase that, we might need some more visibly and buzzing across the whole space and to burst that bubble.
Many things obviously have fundamental value, a painting for example. However, in a world of crypto, demand is everything. A small group may consider Hive to be valuable forever but without real demand, it'll just be a curiosity and will not pump. It's as simple as that. 🙂
Yeah, Hive is safely in its own bubble. Unfortunately, this also means that HIVE doesn't pump as much as other alts when things get greener.
So $HIVE has discovered its fundamental value?
The valuation of HIVE depends on the demand. To increase that, we might need some more visibly and buzzing across the whole space and to burst that bubble.
Fundamental value is parity.
Supply/Demand driven value is Volatility.
#freecompliments
Many things obviously have fundamental value, a painting for example. However, in a world of crypto, demand is everything. A small group may consider Hive to be valuable forever but without real demand, it'll just be a curiosity and will not pump. It's as simple as that. 🙂
hive was already bottomed out when Bitcoin was traded around 17k...
True.