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RE: @jrcornel Being Flagged to Zero!

in LeoFinance4 years ago

I think part of the reason people are flagging him is that they're sore that his original instinct (that Steem would retain it's value) was correct. The Steem people have done a better job of marketing than the Hive people. Instead of witch hunts, people would do better to take a step back, work out why steem is outperforming and copy their strategy to outperform them in turn.

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I understand you'd prefer a positive approach and I appreciate that. But I think the reason why Steem is still alive and kicking is the fact that there are traders willing to trade anything without regard for its value and also because Sun's ego won't allow it to die. I heard there still are Korean and Chinese people posting to Steem so I guess it has some network effect in place.

I don't care about Steem. I guess you could go and cross-post to milk some rewards, which in some cases might be worth effort because of SBD being so over-valued. But someone like myself who has no network or stake there cross-posting would be a waste of time.

Also, I get why people are salty after having lot's of $$$$ stolen from them. Selling HIVE and LEO to buy STEEM is not a class act after all that happened. But @jcornel's content was perfectly fine.

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Marketing is the key to success for atls because of how many thousands of alts there are vying for attention.

Steem benefits from marketing. It benefits from matching steempower rewards with tron which trades on the major exchanges.

I've been puzzled that the Hive people haven't tried to get their coin on more exchanges - coinbase, kraken and so on. That is the key to gaining acceptance. The Tron guy understands this, but the anti-marketers of Hive don't.

A Coinbase listing might be expensive. Kraken would probably be worth a shot. Hive is already traded on many major exchanges.

The wHIVE/ETH pair on Uniswap has extremely little liquidity:

https://info.uniswap.org/pair/0x50702c216ca6906a18ff105d5dfb1602e8bf0d03

Perhaps a bHIVE/BNB pair on Pancakeswap on Binance Smart Chain would work better because smaller transactions would make sense because of the smaller fees on BNC.

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Kraken is defintely worth a shot. Most alts on Kraken trade against EUR and USD as well as BTC.

The key thing to understand is that most investors take the trouble to undergo the verification of one platform and then they stick to it. That means their investing opportunities are restricted to the alts on that platform.

if Hive wants to break away from the eastern platforms (Binance and so) and service it's mainly western users, it needs to be on Kraken.

i have hit up kraken in the past. They want to talk with the core devs, aka @blocktrades. Not with a random like me :D

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@rose98734 I agree with you. I am no fan of Justin Sun, but if we want to beat him at his own game, Hive needs to overtake Steem in both price and market cap, and the only way that is possible is by running ads, appealing to exchanges like Coinbase, and giving rewards in another crypto such as Ethereum in proportion to Hive power. Giving out Ethereum would be a great way to beat Justin, because Eth is both more well known and more valuable than Tron.