We Are On A Roll, Folks
It's been an astonishingly good couple of days for Hive. We got on two new exchanges - Huobi and MXC, and very quickly rose in the ranks on CoinGecko to the mid 30s! The trading volume on Huobi alone over the past 24 hours has been unbelievable. Right now as I write this, we are showing a 24 hour trading volume of $40,294,137.
Just consider that a few short days ago the average daily volume for all exchanges together was in the 40k range. Now, of course there is an airdrop going to happen on Huobi in a few days for people holding large amounts of Hive on the exchange, so this is certainly having an effect on the buying. We will probably see some selling after that happens.
However, I think there is more to it than that. Getting listed on another huge exchange is a big deal and the word is getting out there that Hive is ready for prime time. For the first time in a few years I am finally getting the feeling again that we could find ourselves where we belong; as a top 10 Cryptocurrency.
Less Talk, More Action
Something that has really been inspiring me since Hive launched has been the level of effort that is being put into development. For the longest time, all we heard on that other blockchain was how this and that was coming, but it more often than not felt like empty promises. I was really beginning to regret my investment.
I think now it is more important than ever to show our support and get the word out about Hive. It is not exactly a household name! I also think that it's important that we try to make a better effort to support quality content - especially if we have a sizable stake.
When new people come here, we don't want them to see a big scammy looking pile of rubbish like I saw when I first signed up back in early 2017. We have a responsibility to curate in a way that is beneficial to longevity of the platform.
Obviously, people are free to do whatever they want with their stake. However, keep in mind that when you up-vote that meme to $20 or more, there is a chance that this is what people will see when they are decided to join Hive or not. Just something to think about!
Well after over 200% run I think a pullback is inbound. Anyways good news for everyone!
Yeah, almost certainly! It is pretty fun to watch though, for a change.
crazy right?! Hope this wasn´t just a pump and is soon going to dump again. Surely it will go down a bit in the next days, but hopefully not to where it started.
I kind of feel like there will be a massive dump in a few days or so - but I think we'll be trending in a good direction moving forward. I think the trick is to make sure that everyone in the cryptosphere realizes that Steem is now Hive; it's not simply a fork.
I also think that there is almost no chance that both chains have success. It´s either one of them or none. In the beginning I wasn´t sure but I decided to rather stay on here than on steem.
At first I though maybe Steem could do its own thing and perhaps plod along. But after all the account freezes and constant censorship, I see no possibility of a future there.
Bring the quality on! 💪 (Or keep the quality going, as the case may be... 😀 )
For sure!
It's about time we see some really good news :)
Amen to that!
I agree Rick, with just about everything you said above, I'm sure many others feel the same. Most large accounts are powering down their STEEM (but it takes 13 weeks). I'm sure after that the migration to HIVE will be completed.
Personally, I hope the price of Hive goes back to 0.10$ so that I can buy more at a cheaper price. The future here looks amazing, and I feel motivated by the whole Hive community. So refreshing 😀 HIVE ON... 👍
!bro
I think it won't go all the way back to .10, but I do see a massive selloff coming in about 3 days. We shall see.
Whatever happens Rick , I'm really happy either way ~ I just wish that I had as much Hive as you 😀 Maybe one day!
!beer
!bro
You have just been bro-fisted by the guys in the man cave and now have 1 more BRO. Enjoy!**
For more info, please give us a look in here: https://discord.gg/qd8J2x3
You have just been bro-fisted by the guys in the man cave and now have 1 more BRO. Enjoy!**
For more info, please give us a look in here: https://discord.gg/qd8J2x3
I agree, I think we are all still trying to settle in, but I think we need to see a bit more development. We don't want things to stagnate and just sit like they did with Steem. I think there are lot of developers with a lot of great ideas and I would like to see some implementation as soon as everyone is fully settled in.
We shall see. A lot of emotional roller coasters on this platform.