You are viewing a single comment's thread from:

RE: Why Buy Hive? Let's Talk About It

in LeoFinance4 years ago (edited)

For some reason I am stuck on here, after so much losses I just can’t break the habit of coming here everyday, browsing around, getting my 10 votes in for the day, and occasionally interact. What did it cost me? At the beginning I traded around 1.8 bitcoin for like 300-400 steem back in july 2016. I even powered up my steem knowing the power down was 104 weeks.... oh well, maybe one day hive goes to $10 and I can “get my money back” but I’m not holding my breath. The constant selling of hive to act as residual income for dozens/hundreds of users has always been our Achilles heel.

When did steem/hive pump?

When bitconnect riches were cashed out by Craig and Trey and got market bought poured into Steem, and when Justin sun and @theycallmedan were racing each other buying up as much steem as they could.... other than that, the only thing holding the hive price up is @smooth’s hbdstabalizer posts that are buying up hive at a pretty awesome rate. We need more reasons for people to buy hive.