RE: Week 3 Aug What's New With Hive 2024

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I didnt notice the cut in funding for Hivewatchers. I did notice the fall in Hive the last weeks and not really bouncing back with Bitcoin trending up. Too much sell pressure maybe?

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I think it's a combination of a lot of things.

  1. Heavy DHF funding that's not returning the income in which it's taking. That needs to change which I'm hoping that's starting to happen.

  2. More focus is needed on supporting real application development on hive. Splinterlands isn't doing great and I'm still going to say Splinterlands was a LARGE factor in why hive's price went high during the last bul run.

  3. General sentiment around hive is eroding away. When you step back as an outsider of Hive and you look if you should spend your time here I'm sure you'll come up with many reasons of why not to bother. Price being a big one, no real development happening on the chain, what is getting developed feels half baked and will never amount to anything large scale in it's current condition or how it operates and so forth.

Hive has to change its ways and myself along with 90% of the other people on hive are too small potatoes to be able to make that happen. It's gotta come from the wealthy up top sadly.

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Yes, I agree with that. The last 2 years seems to have been totally lost sadly.

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