I also struggle with the people that are celebrating all time highs on hive and complayning that hive doesn't go there. When you look, BTC went from 65 to 105' and hive went from 0.17 to 0.40. What asset progressed more?
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It goes up, it goes down... But, people think that every token has to "prove" something by passing its ATH every cycle... well, except BTC, it doesn't happen that often...
You should measure from the cycle low.. And BTC went from 3k Dec 2018 to 100k now, Hive still around the same price level.. What will be interesting this time will be to see if we make a higher high or lower high by eoy 2025 ;)
I think that it's difficult to compare the two tokens in the long run. First of all because BTC has a much wider trading range with much more stake holders. Hive is a very small coin and the whim of some bigger player can be enough to bring the price down or up. Another thing that is worth mentionning is that you get a return on hive with curation rewards and staking rewards. Therefore it would be better to compare the compound return on hive rather the token price on the market to make a real comparaison.
Yes, I agree, I'm aware of that, I love Hive too but btc is King. I was simply commenting on what asset progressed more, not on any pros or cons ;)
Well, you are right about that, nothing can really compare with BTC :-)
hive/btc will make bottom very soon. Next year is the year for alts to outperform, i'm excited to see what our high will be this cycle, Hive will soon cath up with Btc imo :) Have a nice evening
If we speak recently...
I think XRP did it, jumping from about $0.5 to over $2.