Happy Bitcoin $20K Day.
With the leading cryptocurrency hitting an all time high, it is a good time to reflect how the journey is.
In this video I discuss how Hive is making progress in some areas which uncovers issues in others. This is how development progresses. Having a long-term view means we will understand the process that has to take place.
▶️ 3Speak
When I dove into the crypto game in 2017 I was one of those who saw the dollar signs and thought it was going to be a good way to get rich quick. It was only a couple of months before I started to realize it was a much longer race than I had first anticipated. Especially once the downturn happened and everything kind of went to crap. While many people with weaker hands dropped out or gave up, I could see the potential in the technology and I plugged away. I am so happy I did. Being here today and looking ahead to what is coming is an awesome feeling.
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As we know, if timed right, vast riches can happen quickly. Bull runs provide that.
Of course, one must has something in the bags before that can happen. A bull run with no crypto equates to no money.
However, the market is not always up. In fact, it seems to spend more time down. That is where the time to accumulate is offered.
People will soon, if they are not already, scramble in the middle of FOMO. Those who were active should be well positioned to benefit from the bull that is going to appear.
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I have definitely been accumulating, but it has just been very small amounts with the exception of a couple different tokens that will be exempt from the bull run in my luck! FOMO is definitely real, you can almost smell it in the air!
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Small amounts all add up.
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I'm looking forward to the new twitter-like app, I can think of a least 3 things I would have posted about already today.
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I have a feeling I will be very active on there also.
In fact, I think it will explode. People will be posting all kinds of financial and crypto links.
It will be exciting when it is finally released. I really hope we see it before the end of the month.
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It will be cool to see what is trending from people that don't post all the time, it will make a lot of new ideas for you to post about, I think.
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Yeah I am excited about it. I think it will be a great addition. The engagement should go through the roof.
Think of the comment sections combined with Discord.
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What happens if you take off your shades?
They Live...
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LOL.
Things were better before that ride on the alien spacecraft.
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It was never good for the bad guys, human or alien, when Hot Rod showed up.
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Wow cool
Hive is definitely making waves, ur video is quite enlightening, and it has definitely touched some area that needs to be looked into and examined
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Amazing video
Summary:
In this video, the speaker discusses the recent milestone of Bitcoin breaking above the $20,000 level and Ethereum's progress despite being below its all-time high. The focus then shifts to the importance of a longer-term perspective in development processes, particularly in the context of blockchain and cryptocurrency projects. The speaker highlights the progress and optimization efforts in the Hive ecosystem, emphasizing the ongoing development work targeting scalability and efficient node operation. He stresses that challenges and setbacks are an inherent part of progress, drawing parallels with the evolution of Bitcoin and Ethereum, and foresees further advancements in Hive in terms of smart contract capabilities and token creation in 2021.
Detailed Article:
The speaker starts by acknowledging Bitcoin's breakthrough above the $20,000 level, noting the excitement in the cryptocurrency space. He contrasts Bitcoin's achievement with Ethereum's position, highlighting its potential for growth despite being below its all-time high. The speaker discusses the significance of a long-term perspective in terms of development processes, noting that progress can often be hindered by setbacks and challenges. He mentions the extensive backend work done in the Hive ecosystem to optimize performance, improve scalability, and reduce operational costs.
The speaker emphasizes the importance of addressing bottlenecks in development, citing the ongoing discussions around Hive Engine as a key focal point for improvement. He likens development to a game of 'whack-a-mole,' where resolving one issue often leads to another. Despite potential challenges, he expresses confidence in the Hive ecosystem's future, predicting advancements in smart contract capability and token creation in 2021.
Drawing parallels with Amazon's early years, the speaker highlights the evolution of successful businesses and projects, citing the example of Amazon's transformation from an online bookstore to a multifaceted global corporation. He encourages viewers to maintain a long-term outlook and embrace challenges as opportunities for growth and improvement. The speaker concludes by underscoring the inevitability of facing difficulties on the path to success and encourages viewers to stay optimistic about the potential of projects like Hive in the long run.
Overall, the video provides valuable insights into the development dynamics within the cryptocurrency space, emphasizing the importance of perseverance, long-term vision, and continuous improvement in blockchain projects like Hive. The speaker's comparisons with established tech giants and historical development patterns offer a comprehensive perspective on the evolving nature of the industry and the potential for growth and innovation over time.