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RE: LeoThread 2024-01-06 15:15

in LeoFinance • last year

Binance is such a Karma, was trying to pitch Hive to a friend with ton of $$ and the minute I mention Binance of exchange or actually any CEX he shut me down 😵

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hahaha.
I tell everyone.
The lack of on/off ramps hurts Hive but to be honest we don't want DeFi investors day trading our token anyways.

Those are Green Candle People and they are best left on chains that have no real purpose.

Heyyy... I am a Green Candle person! 😂😅

Really?
You just want a run of the price?
you are not worried about the benefits a consistent trading range can bring to projects ?

Our token going sideways while others go up is not a bad thing if our tech is building and business is coming to the chain.

I would rather be on a chain that has long term value rather than burn out like AOL.

I'm definitely in it for the long term and believe in Hive but at the same time sort of all over places. There are so many plays out there and I'm not married to just one network. I'm polychainian.

For example, I have some borrow/lend & staking things going on there on Solana, spot trading on CEXs, staking & airdrop hunting on Cosmos eco, Eth, Sol... also preparing for some GameFi stuff.

You could say I'm a total degen.

One possible play could be bagging some profits from other chains inject it back to Hive...

I have a ton of money in the Cosmos space.
A lot of good projects.

I think all of EVM is a dead end tech.

I just don't believe we should want ETH DeFi "Bros" all over our chain and I am glad it is difficult for them to acquire the token.

If you don't have the brain power to acquire the token, then I don't want you here.

Then again, do you believe Hive should grow? To have more users? Cos segregating users in that way is probably not a good idea. It just creates these small circles that are turned inward, and also creates this secret society feel around the space. That is the atmosphere that will make most people turn away.

I believe a chain that is so heavily a social network should present itself as somewhat welcoming place for everyone.

i dont' believe the grow of Hive will be based around the social network aspects. (although InLeo has changed that concept)
but I also believe the social aspects are what strengthen the community.

My point is we have very few on/off ramps and that is a huge benefit as it keeps the defi crypto bros away from the chain. The toxic web2 crypto community is not one you want to be a part of for long term growth or mass adoption. (Green Candle People)

Users will come when the business's are built.
that is what is happening right now.

Focusing on users and investment just to say "our coin is going up"
will make us go the way of CompuServe.

Does it hurt Hive if ppl invest just for the interest? I ask because I dont know why

No of course it doesn't hurt, but they don't stick around so don't provide any long term benefits to the chain.

oh ok, yeah I cant say if he would stay long term