RE: Hive: Monthly Distribution Report Through 1/5/2021: Orcas Having A Party Again
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I appreciate the analysis @taskmaster4450, I always find it interesting to look at these things!
If the hive-engine tribe/communities enjoy a period of growth, it seems to follow that we will see a good bit of growth in the number of active Redfish... people whose focus is on building whatever token they are affiliated with, and their Hive accounts being purely "coincidental."
I'll take myself as an example: Active here on LeoFinance, hoping to make it to the equivalent of "Orca" in THIS community, while I doubt I'll even have 100HP by the end of 2021. In fact, it might take me 3-4 years to even make it to Hive Minnow... anyway, my point being that it'll likely create a sort of "middle void" between those who are concentrating on a community, and those who are concentrating on Hive proper.
=^..^=
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That is all true. The key point is going to be in my next post.
But as you say, people are going to focus on what they believe gives them the greatest bank for the buck.
I wonder how things will be going if the price of HIVE starts running. Do people suddenly start dumping LEO and other tokens for HIVE?
Plus there is an upcoming claim drop from 3Speak based upon people's Hive holding.
It will be interesting to see how it all unfolds.
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It'll definitely be interesting!
If Hive starts running, I have a feeling the first thing we'll see is a huge ramp up in "dormant" accounts coming back to life. And if Steem is stagnant, we might even see a bunch of the people who dumped their Hive suddenly come back and start posting with their Hive accounts. As I recall, we ended up with something on the order of 80,000-100,000 actively posting accounts on Steem by December 2017. Show me $3.00 Hive, and I bet we have that here, as well. I just hope that a rise in Hive is gradual rather than parabolic so we don't just end up with a bunch of people using the rise as a reason to dump and get out...
=^..^=
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