The orchestra is still playing
Right now Hive is trading just above 1000 satoshi! That is not only an all time low, it is very dangerous territory. Once we drop below the 1000 satoshi mark, it will be very hard to get above it again. If not impossible...
Last week, I saw a post from @theycallmedan, where he was looking for people and ideas on how to promote and advertise Hive... Well, it is about time! And no pun to @theycallmedan, but I just hope this move isn't too little too late. If you look at the graph of Hive the last 30 days, you see we sunk low and lower, day after day. I know that most altcoins dropped, but most didn't drop as much as Hive during the bull market of Bitcoin.
Something has to happen, the first, huge step, should be for whales to stop off loading millions of Hive every week. Because at this rate, we are going to 500 satoshi in the next month... This is an ending strategy, you can't keep selling, when there isn't enough buy pressure, at least in my economy 101 book!
Come on! We have got to make this place thrive! Let Hive thrive!
Sincerely,
Pele23
Some people say - this is a BUY TIME. Not agree?
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Buy when there is blood in the street, even if it is your own.
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I’m a buyer @.10 Any lower I’ll back the truck up. And your right why sell on a project you believe in. Unless of course the whales don’t see the bigger picture.
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Isn't whales selling a good thing?
Many like to complain about the centralized token distribution yet complain when the whales start selling. It is at those times when others can load up and growth their influence on the chain.
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Stop looking at price unless you are looking to buy more Hive. It is misleading.
Hive is thriving, there is so much under development and in the works it is amazing. Hive's success wil come from the DApps that are on here.
Many are moving forward and pack quite a punch.
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I hope you’re right, it still sucks to see that even with powering up the value in BTC and USD is declining...
As I said other than buying, I dont really pay attention to the price of tokens in projects since these are long term situations. I have a boatload of LEO because I was willing to keep buying when the price was crashing. Everyone was negative yet I felt the project had tremendous potential.
Now that belief is starting to pay off. It will eventually happen with HIVE. It will just take longer because Hive is a much bigger ship to move.
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This is just a short-time worry. I think in the long-term we're going to squash all the other chains!
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