You are viewing a single comment's thread from:

RE: Community Token Talk - The Cutting Edge of Web 3 - Ep. 10

in Threespeak3 years ago (edited)

i was listening to several "big" crypto podcasts and also seen some tweets last week about web 3. Often i think Hive ticks a lot of the points that they talk about, but they pretend like it does not exist.

Listening to few of this ctt episodes (several times :D ) a theory popped in to my mind. They are all long time crypto investors or people with some capital that they want to invest and make potentially big money from it.

Could it be that Hive is ignored by all of them because there is no way for them to be early in it? (it is for sure still early, but i mean early like premine, first to get to it, ICO...)

Sort:  

I know/see a lot of the underbelly of crypto. I've been more & more focused on Hive as I see it having long legs in the climate to come.

The first thing whales look for is an OTC deal. This is standard in all markets and is something that collides with web3 in a big way. Web3 flips the investor's mentality upside down. Bitcoin proved this, you didn't need to hit up Satoshi for an OTC deal, and it took investors a LONG ass time to get in. Everyone asked why it took legacy investors as long as the time to get into BTC (Saylor being the "bluechip" here) - because of the above; there was no OTC or premine.

They do a premine, choke supply, artificially raise the price to ridiculous market cap, and will die via death by regulation and free-market awareness. The OTC deals will dry up due to regulation. People will realize owning a centralizing amount of coins on a coin voting system is not the responsibility they want, & that will be the adapt or die situation.