I'm grateful to be part of our crypto, Hive and LeoFinance community. Today is Day number 8 of my personal 365 days of writing challenge.
First of all, I'm happy for everyone who HODLed Dogecoin for many years and made a fortune last year. Congratulations! If you look at the chart above, you can see there is a little growth in the first 7 years of Doge and then all happened in one year with exponential growth.
Dogecoin (Meme coin) initially started as a joke based on a popular meme featuring a Shiba Inu the Japanese breed of dog.
Jackson Palmer, a product manager at the Sydney, Australia, office of Adobe Inc., created Dogecoin in 2013 as a way to satirize the hype surrounding cryptocurrencies. Palmer has been described as a "skeptic-analytic" observer of the emerging technology, and his initial tweets about his new cryptocurrency venture were done tongue-in-cheek. But after getting positive feedback on social media, he bought the domain dogecoin.com.
Meanwhile in Portland, Oregon, Billy Markus, a software developer at IBM who wanted to create a digital currency but had trouble promoting his efforts, discovered the Dogecoin buzz. Markus reached out to Palmer to get permission to build the software behind an actual Dogecoin.
From investopedia
I'm just looking at some aspects of Hive and Doge. Not many people believed in doge until last year when Elon Musk and Mark Cuban start tweeting about it even though it has been around since 2013. Elon is the main reason for the recent surge in Dogecoin.
If you told anybody to buy Dogecoin in 2014, it would been tough sell and hard to convince but everyone bought Dogecoin in 2021 expect me. lol
I would like to think the year 2014 of Dogecoin to the year 2021 of Hive. We had a few well-known crypto people spoke good about Hive including Vitalik Buterin and Charles Hoskinson.
First week of October 2021 has been a rough week for Facebook, and the centralized social network tech giant had one of their longest outages in company history, Facebook went down again. The outage affected all Facebook-owned applications, including WhatsApp, Messenger and Instagram.
Wondering when would be the Elon Musk moment for Hive and what year we will see $20 HIVE?
Thank you for reading my imperfect writing.
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It will be from one day to another an 100x.
But this needs more time. More infrastructure and more ways to build on hive.
Hive is open source but limited to build on. No smart contracts.
Smart contracts = hype.
Social will come later, but bigger. But i think it will be next bullrun. Doesnt matter what comes next months.
I can be wrong for sure, but can you imagine 100x users in the next 6 months? I cant. User experience need to become much better first. Also HBD need to get monitored ( bust today would much better than with a peak of 10$ hive).
Also, hive is to weak to survive massive FUD from mainstream. Infrastructure must become so strong, that nobody can attack it.
Think about Blocktrades getting attacked massively. That would be not good and can tilt hive on the course to web3.
More time unknown = stronger.
The foundation is more important than anything. In my opinion, we need only a few changes. smart contracts is a HUGE one!
ETH went from POW to POS
BNB created BSC that was never in their initial plans
Crypto is filled with innovators and geniuses. For me, the crypto community as a whole wants to see Hive succeed.
We owe to ourselves to make Hive great!
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Hive at $20? Am set for life!
No more rat race!
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Actually me too. I currently have 678.216 Hive. At $20 USD Hive that would worth $13 565.22 USD. Even $3000 USD would solve everything for me. I would buy either a small house in the countryside of Hungary, or a sailing boat. And I could live off of my low (approximately $250 USD per month) pension-like income. Maybe one day.
Me too bro!
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A large element of crypto is hype. Elon Musk doesn't need DOGE to do well as he could be a trillionaire soon anyway. He just likes trolling the world. At least I was able to profit from some DOGE I accumulated years ago from faucets. I bought HIVE with it. We do need more prominent people taking about what Hive can do. It has real use cases and an active community. It just has to compete with hundreds of other coins these days.
The way I see Elon and Doge is that he wants to tell the world that Doge is somewhat better than many Fiat currencies.
I can't agree more about
Most important thing is not to fall for hype and always doing DYOR
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Maybe DOGE is better than fiat, but HIVE is much better than DOGE :)
And some lucky people earn/earned a lot of money from that trolling.
Getting HIVE into the double digits game is something that would make many of us happy. And with the growing ecosystem from here, all is possible... Speak Network is coming, Leo Finance mobile and micro Twitter through Project Blank might put us on the big boy's map.
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Everything is possible for our community.
Speak Network is the next Splinterlands for Hive!
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Someone tell him that Hive has fast transactions, and there are no transaction fees. He will tweet about it immediately, and we would see even more than $20 USD Hive in a couple of hours. 😂
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Category like Doge and SHIBA, are actually my targets to see if I can grow my stake here on hive. I think hive's growth is probably more relaxed, but steady. $20 is a dream but then nothing is impossible.
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Steady growth is solid growth.
It will lead to exponential Hive growth and we shall see $20 Hive soon :)
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I think we need some great celebrity to tweet about Hive and see the magic in the Hove price. The Doge price got so much high just because of the hype it received and nothing else.
Slow growth is solid growth. Solid growth leads to organic growth.
Censorship will bring more celebrities to Hive in the coming years and we just to keep building and growing our community.
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Dogecoin lol I think they forget there are few people sitting on BILLIONS of these tokens and they are mined like crazy every day. I see no real value increase for Doge to be honest.
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Dogecoin can remind us how undervalued Hive is!
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Hive at $20 will happen but when is the big question we have no clue about. There is too many good things happening on here to not reach double digits and beyond.
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I don't have the magic ball either to predict.
However, We can do our part to push Hive in the right direction.
Like Bitcoin, Hive's strongest asset is community.
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Kudos to the DOGE holders but I still think it will take a large hit during the bear market. After all, it only has transactions and not enough development. I prefer HIVE since transactions are feeless and it also has a lot of development happening.
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Bear market will affect the entire crypto community though.
I would say it's unfortunate that steem & Hive hard fork happened just before the current bull market.
Hive will be ready to moon with the next bull market.
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I don't imagine Hive will have a Doge moment, for the simple reason that Doge's success was essentially a fluke. I imagine Hive's rise will be similar to that of BTC.
I tend to agree
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When the hive reaches $ 20, it's really fun.
I think it will be possible in the next two years.
Optimistically yes within the next 2 years!
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DOGE is dead, SHIBA is where it's at. Just my humble opinion though. DOGE is inflationary, with unlimited supply, while shiba is deflationary with a set max supply. If you like Doge, then you'll love SHIBA! DOGE is ELON's side hustle, hope I'm not being too negative, I actually own a little DOGE of course, just in case, but lately it has not done anything.
Shiba is probably the next bull market's Doge.
Elon Musk won't let DOGE die though
I don't think DOGE will ever die with Elon or without. 1 DOGE always = 1 DOGE. I'm just saying from a money making perspective, SHIB so low and cheap, it's pre-doge moon now, when it catches upon to DOGE price it's gonna make a lot of millionaires and billionaires. Maybe DOGE will have something big up it's sleeve, like a DOGE SWAP, or something that I'm missing in my predictions here. I hope they both go up to the moon anyway!
I tend to agree
20$ in 2 years.
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Marking your words bro!
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Real time probability
Living in the present moment. lol
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