perhaps they should come back and try again
Another thing I wanted to say about this is it reminds me when we played the Lake Erie Crushers this spring and one of our pitchers went 5 innings and struck out 8 of their guys and looked better than any of their pitchers. Their manager acted like he wasn't interested in signing him and that he should go to the USPBL tryout which was a tryout for a lower league. It was basically insulting.
So saying Partiko should come back and try again is essentially an insult to them. The fact they launched an app that well built for a maybe was miraculous in itself and there is no reason that Ecency and Partiko couldn't have both been funded. They just go elsewhere and don't look back.
I have been here since July 17th of 2016 mainly because I'm stubborn and like to learn from the experiment.
https://www.coingecko.com/en/coins/fwog
$FWOG passed the market cap of of HIVE today so what are we waiting for and what are we trying to do? You can look back through my posts and I have been talking about $FWOG for a month.
In 2020 we took the field while others were hiding during the scamdemic. People felt the team name was stupid. Then Dogecoin went up 10,000% in 1 year and they all felt like I just might be from the future.
HIVE needs something different to take back it's rightful place in the crypto world.
I guess if they are too good for us then we won't miss them much.
I got here in aug of 16, I'm waiting for the comeuppance, too.
I think in general the whole thing has been a grand experiment for decentralized organizations. I understand why people have left. If they aren't getting the love why keep trying to force it when they could have just said NEXT and moved on?
Ultimately the market is speaking. People are putting their money other places in crypto. To make up any of that doing the same stuff that has been going on isn't likely going to work.
We have to overcome a reputation that was intentionally wrecked.
That won't be easy, nor quick.
Especially, when many of the same folks are still in control.
I think it is past the point of that because of the community fracturing up too many times.
A lot of new things would have to be tried because there is a lot of competition competing over everyone's money and attention.
There is a lot of value in the games. Most are hesitant about the sports betting but that could be another avenue.
Most stuff that has slipped down CoinMarketCap / CoinGecko has a hard time regaining a ton of ground.
One of the only ones to retake a previous high point has really been DOGE. Back in 2014 it was top 3 for a bit and it retook that in 2021. Most of the time when stuff falls away it continues to slide overtime.
Some say that we are right on track.
The base code is ready to scale, and smart contracts are coming.
Seems a little slow for me, but I'm not a coder.
You are right, though.
IF you are looking to 10000x your investment, that probably won't be hive.
The HIVE ecosystem is impressive to say the least. There may be some validity to the premise that it is ready to scale but I think there will be obstacles in the way and I really think it is going to take quite a bit. I could see a very complex game and marketing effort potentially changing the game but there is a lack of willingness to fund stuff so I don't really see them signing a contract with an established game development company.
We have to compare it to the next evolution of this type of tech. Well EOS and Telos have Ethereum Virtual Machines and have 0.5s block times vs 3s block times. WAX has signed some big deals and has tried to focus on gaming and NFTs. The reason I think EOS has stayed where it is market cap wise is because it is on the big exchanges like Coinbase and Kraken.
Hive is on Binance but if it could get on Coinbase and Kraken that would somewhat change its situation but I think that is going to be hard to get that accomplished at this point.
ICP is on the big exchanges but sort of the same narrative of the development of it gets talked about. People are waiting around for a proper money market on there. Also their EVM is being developed but they are blocking US users for it.
A lot of stuff comes down to funding. On HIVE they are underutilizing the Fund and are worried about people getting upvotes or powering down. Personally I think it is the wrong approach instead of sprinting and operating out of a position of abundance especially during a bull market.
Hive will take off when the incentives are aligned for a moonshot.
That hasn't been the case at least since stinc kneecapped us with linear rewards and a two year development walkabout, it may be some time before it is the case again.
The cex's can all fall in a lake, as far as I'm concerned.
People can cuck for the bullies if they like, I won't be.
Vsc will solve this like v4vapp has for lightning.
Once we have the smart contracts fully functioning, then we can look at realigning incentives so that 50% of the daily inflation intended for attracting newbs doesn't go to the top 20 curation accounts leaving the other 50% to be split between 8k authors and even more curators.
Add to that fact that influencers were intentionally driven away and we have quite a hill to climb.
First stop, smart contracts.