IT HURTS TO SEE HIVE BLEED || WHAT ARE WE NOT DOING RIGHT

Two days ago, I woke up to see that the value of my account fell from around $860 to $770 and I was seriously shocked that hope the value of hive hasn't dropped lesser than $0.13 but to my surprise, I saw hive at $0.12.

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Screenshot from hivestats.io

Now the question on my mind is: What are we not doing right that hive keeps deeping. Some weeks ago, I asked @mindtrap what is it that would make the value of hive come up, his reply was more staking/buying that hive has more people selling than buying but one thing I am yet to understand is how selling the token or simple put, transferring the token to another user reduces its value. Isn't it not the same hive account receiving the token from those selling? Or maybe probably be that there are more power downs than power up. Pardon me with my questions as I am not much acquainted with how this totally works.

I heard that having more people into the blockchain could bring the increase in value. The idea I have gotten to understand from @whatamIdoing is that having more user base would tend to bring in more investors in the platform but I am also thinking that if the price is dependent on it being sold then more people means more selling then would result to price decrease again.

What I'm thinking atm is maybe hive should sit with Leo and then ask them what is supping. To get a hint on how to pump hive value a bit.

Although, looking at the bright side, the fall in price means I can easily buy more hive to power up for a lesser value though I am not happy with the current value of hive.

Please feel free to share your thoughts with me on this, would be well appreciated.

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Not enough people buying and powering up hive to lock it away, there's too much liquid hive out there and inflation is very high also. Onboarding more users would in theory rise the price assuming those new users buy hive to power up, this doesn't always happen as most new users tend to think they can make money without first investing in powering up which isn't always the case.

There are also a lot of users who use the hive they get as supplementary income so always sell when they get it.

A combination of new users, incentive to power up, better distribution and more exchange listings should help the price some, also advertising.. Like proper advertising, word of mouth only goes so far.

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All this HF stuff has made it go down too, I imagine that as there is not so much movement the coin falls

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