I love the optimism around here! lol
The #Hive price has dipped below $2 for the first time in a little while... and the price of Coingecko CANDIES is still undetermined. As you were. 😏
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I love the optimism around here! lol
The #Hive price has dipped below $2 for the first time in a little while... and the price of Coingecko CANDIES is still undetermined. As you were. 😏
2$ hive is not bad and I think we will still see 4$ because not only hive have price pullback also all major coin
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Yep... everything seems to be tied to the fiat markets. If the S&P tanks, so does Bitcoin and the whole "altcoin" market. It's frustrating that this fringe, anarchistic economy struggles to take a meaningful step away from Wall Street.
But maybe I'm just cranky. lol
It will be a while before the cryptocurrency economy reaches the point where people mention terms such as fiat money, fiat currency, or paper money and we ask "what's that?" Until that happens, we're still on that roller coaster or bumper car ride.
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Never overestimate the optimism when the price of Hive runs up.
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HIVE is back to USD 2.100. It looks as if the downturn for BTC isn't as bad it it had been even a year ago. HIVE is holding strong even if it dips below USD 2.
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That didnt age well. It got slammed overnight.
Everything is getting hit.
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USD 1.830 isn't as pretty as 2 dollars, but it's better than where we were a month ago. HBD is at USD 0.917.
Bitcoin is around USD 48,128 last time I checked. I was in bed the last 8 hours, so I have no idea what happened; I'm guessing it was profit-taking rather than tweets or bad news.
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No matter what the price of HIVE is, I think I will be doing the same thing that I usually do. $2 HIVE is still higher than what it was a few months or a year ago.
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Me too... I think most Hivians are powered up and participating anyway, but we appreciate seeing the spike in our portfolio. This most recent crash is frustrating overall though... whenever the stupid fiat markets react to the world, crypto goes along for the ride. That makes it hard to talk about Bitcoin (or any other crypto asset) as a hedge for anything.
I suggest looking at things from a long-term point of view instead. More and more of the crypto market is being tied together to the traditional markets. It doesn't help that the institutional guys are away during the weekends so it's easy to crash.
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It should remain more stable on the weekend for that reason... if the biggest players are away, who's doing the selling?
Some of the whales who want price to drop so they can buy it for cheaper. I heard this happened quite often before.
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President Bukele always looks to buy the dip. This is a dip, unexpected as it was.
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