As one of the rare stable coins in these insane crypto markets Hive is forgotten by many. Hive is pegged just around 10-15 cents and has been by far one of the worst performers in the crypto industry while so many useless shitcoins went up 10x and more. Ethereum is an overbloated expensive chain for the rich where every transaction will cost you a kidney while Hive transaction will cost you nothing, the price is just not moving.
Why is that?
Why is one of the most decentralized and most used blockchain ever completely ignored by the crypto markets?
Is it maybe possible that all the drama and controversy around Hive creation is just not interesting to investors, do they even know what is going on here?
Dogecoin is the best example why people don't give a damn about the project, they are here for the memes and pump and dumps, this leads me to believe that alts are starting to bubble, again Hive is not to be seen here, we can't even be considered an altcoin anymore, think about that.
Hive is now falling behind the pack day by day, on Coingecko we are 250th coin, on Coinmarket Cap we are 185th. As you can see these sites have different coins listed, it's all scrambled, how are these new coins getting their insane valuations? People like to observe sites like Coingecko and Coinmarket Cap and lower the coin is, it is harder to notice it and to invest in it.
It has been hard in the past for coin that has already fallen so low to ever rise in ranks again. What Hive needs to do to change that? It's gonna be difficult, if not impossible to ever enter top 100 again.
At least HBD is moving. Again, wrong coin to be moving! Hive should be moving! Hive is more stable than it's stable coin!!! It's bad, it is hard to invest more into Hive when there is no movement while everything else is going nuts.
I did my last power up yesterday and there is no way in hell I'm touching the power up button ever again until I see some action, it is bad when perma bulls on Hive like I am are coming to these conclusions.
This post is not a financial advice, you do you.
HIVE's value is quite unrelated to its current market price (which I agree makes no sense).
The point of powering up is to have more influence and significance in the only properly decentralised content sharing platform.
The value of the HIVE token is what it allows you to do inside the ecosystem, which is constantly growing and getting better.
I think of my HIVE investment as like a whole lot of seeds I've planted.
Not worth much now but in the future I will own a whole forest.
Right now it seems were stagnating more than we are growing.
You also need to consider this seed to never give you fruits a plenty. Many people will say that Steem/Hive was one of the worst coins to invest in crypto.
I'm still here, I still think there is hope, but it's hard to stay positive when you bet on the slowest horse in the race, constantly.
I'm right there with you. I have never left and never given up, but I'm also pretty much subconsciously pessimistic about it and wondering if I've made a huge mistake.
It sucks to think I'd be better off investing-wise if I'd kept all of the Steem I had and just sold all of the Hive I was airdropped for BTC or something.
I do think there is a buzz starting to form around it, though, and if there was ever a good time for people to start paying attention, it would be now. I'm pretty excited to see what happens in the next handful of months, and I have a good feeling. I will not be surprised at all if it just sinks lower, though. Hive has been a heartbreaker thus far.
I think I've been "subconsciously pessimistic" (I like this term) since the bubble burst of 2018. Ever since it has been a struggle for me to get back on the horse.
The HIVE horse you bet on is barely even running in the races that are now on (races 1 & 2).
There are 3 phases of the blockchain revolution:
HIVE is the front runner in race 3 which even the vast majority of punters on races 1 & 2 don't even know is on the program!
It might seem to be a slow horse in earlier races, but it simply is competing in a different race with a longer time horizon.
You don't need to convince me, I'm here for almost 5 years, I embraced the longer time horizon. From time to time I can get cranky, hence the posts like this. The words you said need to be said outside our own community.
Fucking sad man but I think the long term looks good for Hive. Most of these useless coins that are pumping will revert to being useless but Hive with real use-case will be around for a long time.
The problem with hive is that there's not enough demand for the coin. Projects like 3speak and Leo are doing their bit to increase demand but generally speaking, it is a very dumpable asset.
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If we take long term approach we will be forgotten more and more, new players will enter the markets. You need to be and stay relevant today to in order to make it. That's how it is.
I feel you man. I totally do
Unfortunately so, but I would rather be no other place. Hive will have its moment again as it did in 2020 when it reached a dollar, the question is when and how. This blockchain is too valuable to go down the drain. The market is dump. And maybe we are not hyping hive as we should. There are different theories as to why the value of hive is where it is today.
Posted Using LeoFinance Beta
There are signs that that could happen again sure, but will it? There is never a sure thing in crypto. Here is to hoping, it seems that only higher price can attract new people.
Too busy yesterday to get to do power up, strongly believe many smaller crypto do a lot of pump/dump movement to push value in direction they require.
Always target good projects irrespective of how long it takes to research, feasibility in how it is able to take world forward as a people.
Just IMHO !WINE
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Good thinking, it will be interesting to see will all the Hive hopes and dreams ever realize or will it become an obscure thing some of us knew about and were using it back in the day.
Time will tell with many taking to the idea of crypto.
We live in exciting times with excellent members leading the way here in Hive.
Thank you for this post.
HIVE is one major event away from new ATH price. It should come from innovation and development of the chain. Building SMT capabilities etc. Or it should come from outside investor/Crypto collaboration those understand the true potential of HIVE.
I’m certain that things will started to change and We’ll continue search for HIVE investors via Twitter. DApps like LeoFinance and 3Speak trying to incentivise our community with second layer tokens.
Ps. Are you participating with $LEO community?
Just being realistic, tnx for commenting.
One major event just can't seem to come these days on Hive. I don't consider Twitter to be a useful tool for Hive promotion, don't get me wrong at least it is something, but it's not something that actually did something good for Hive price since the early pump. Increase in Hive price will bring way more people than a few tweets.
Isn't posting inside Leo community a participation?
I see it other way around. One Billionaire seeing one of our HIVE tweets and noticing the presence of our community on Twitter and decided to invest, then the price of HIVE will increase significantly and this can bring more people to HIVE
Certainly there are many ways to push the price higher. Specially building SMT capability and building killer dapps.
Assuming you're asking that posting Tweets inside Leo community. People getting valuable contents from places like Reddit, 4Chan and Twitter and sharing with LEO is a good thing.
Posted Using LeoFinance Beta
Tresla se brda, rodia se miš. That's how Hive looks to me now. So much potential and promises and we are just going down or staying down. Interesting.
Who knows what the future brings but I'm not hoping anymore :(
A štaš.. I jebiga.. This is just month 2 of 2021, who knows what will happen until this year ends.
people don't care about usability or technology, they only care about pumps and dumps. sad but true.
i joked but maybe we should. tell people about how they can be banned on twitter and to register on hive and then just all of us start to report them so they get banned :D
Twitter is not where you get new people, you can't hope someone will get banned then hope he or she is one of the influencers to come to Hive and spread the good word around. But maybe you only need one to jump start everything.
it was a joke when someone asked how should we get x on hive :D
most people will jump in when/if price gets some action. as seen in 2017/18. because they don't care about decentralization or censorship.
there is some + activity of new accounts, over 30% in last 30 days at least tried to post and comment. how long will they say, who knows, we will see after some time. but overall numbers are still small.
For sure, people don't even understand what decentralization means, they don't care about advantages or possible issues decentralization provide. And precisely like we experienced in the last bubble those people will leave just as fast when new bubble bursts.
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All hail, Ned!
His kneecappening and 2 year walkabout was very effective.
We still are being effected by it in the markets.