RE: Another MF'n HIVE Rant
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Sold all my STEEM/HIVE for ETH long time ago, nobrainer. I saw the dapps on Steem having tenthousands of users, it dropped to a few thousand and now the blogging dapps have only a few hundreds of users. The token price is dead. We had Youtubers on this chain, Youtubers with Millions of followers, we even had the chance of getting fucking Pewdiepie with 102Million Youtube Followers. Now DLive is independend. Later Vitalik was covering the Justin Sun Case - Crypto Twitter saw it.
chances over chances. Who here is realy blaming it on advertisement. The economics are crap. Period.
Hive is NOT a Crypto, there is ZERO crypto in the chaining process. No Merkle Trees, nothing. The dPOS is a pure economic based consensus protocol. The protocoll token is at the same time the governance token and the end-user token you get from interaction with dapps...per definition validators compete with endusers. It is a staate! with legislature, executive, its own media, central bank and church and all powered by HIVE. The more HIVE, the more influence, the earlier you were, the more HIVE - plutocratic by design. Not intelligent decision making. Good luck in figuring out what drove the price down :D
PS. the real users here are fucking amazing
Exactly, it's a carbon copy of the American Oligarchy.
Fairly nihilistic coming from someone who took the time to log in and post here. Do you value your time so little?
Dozens in the top 100 coins with 'crap economics' and plenty of demand for them.