The value of Hive cannot measured by it's token price.

in LeoFinance2 months ago



The title of this post might be slightly misleading as one of the biggest measures of value lies in the token price. If that dropped to 1c you can be sure that most people would leave the system for greener pastures. But it is not a true measure of a projects value.

There is so much hidden value that price is not enough to rely on. It's just the part that people see.


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With hive, community and development is the key to everything and that has no price on it. That is what drives the whole eco-system and cannot be bought or sold. Those are the unseen rewards that you get from being part of a group with a vision and purpose to grow.

Some people might complain that the price of hive has not shot up like other tokens with less use case but we are still a new project with one year under the hood. There are many more to come and the development has been off the charts for such a small group.

We have found a nice level for now and the price of hive is set at whatever people are willing to sell it for. I’m not willing to sell it for 30c so that makes me believe it’s undervalued. There have been plenty people willing to sell other high priced tokens when they were in their early stages and they are all kicking themselves now. Short term gains but long term regret.
Those people are also not looking at the bigger picture. Development on top of development. Having a hive account opens you up to everything else that is built on the chain and if we keep going at this rate there will be a hell of a lot built onto hive over the next few years.

We are all looking at the @leofinance team right now and expecting big things from them. The best part is that they want to bring the whole community along for the ride. LEO tokens were airdropped to active users in the first place. They made us all stakeholders for free and we jumped in with vigor. They have built up a great project and are about to expand massively and again will be bringing us along for the ride.

The best part is that I haven’t had to put in a single dollar into the project and have now built up a stake of 4,000 LEO at $0.80. I did buy with hive and delegate to the leo.voter account to earn more which is a brilliant way to earn passive income.

People don’t factor that into the price of hive when they are looking short term. That is another 15% onto my account value never mind all of the other tokens tied to the wallet. @splinterlands cards locked into the account and everything else that hive opens up just my having stake. APR on holdings, curation rewards for the account and opportunities at every turn.

In the long term all of these additions could overtake my actual hive value but they all stem from staking hive in the first place. It is the key to growth in the eco-system and selling for 30c is very short sighted.

This is just my opinion but people should be stacking as fast and hard as they can while others are willing to sell at these prices. I know that you won’t be getting any of my hard earned hive anytime soon but I’m happy to take yours at a discount.
Where else can you keep earning more stake everyday just for turning up and being part of the community?

Even staking hive earns you 3% while you are using it to earn more returns. These days wont last forever as more applications appear on the system and suck up hive from the markets. We can see it happen now with some of the other crypto which have been building for years. They hit critical mass from building applications and suddenly there isn’t enough supply to go around.
For now we have sellers but at some point that will turn into buyers as more people want to get involved with a game, app, liquidity pool, tribe, ect.

Constant added value should be the new marketing message for hive.

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Buffett likes to say "price is what you pay, value is what you get".

Markets are most often inaccurate. They are driven mostly by the factors of fear and greed. It is senseless to argue with the market, trying to be right because you will lose your money. The market does what it wants.

However, things are usually either over or under priced. This is something that goes across the board. Many feel Bitcoin is over priced right now while others think it is a bargain. Time will tell who is right.

Hive is overlooked. There is no doubt about it. But a price move is called a pump if there is nothing behind it. Hive requires users which come from development.

Do you think anyone would be using the internet today if nobody developed on it?

What is taking place with a lot of these high flying tokens? The answer is very little.

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We are lucky as we can see the full iceberg from this close to it. Others only see the very top and don't realise everything going on beneath the surface.

At some stage that will change and others will get interested. There is so much being built that we will see people filter in slowly and then eventually we will hit a tipping point where they come in in numbers.

I keep looking around at other tokens and still haven't found anything to compete with hive.

@taskmaster4450le one of the common mistakes that investors or traders make on most financial markets is that they try to trade against the market or try to think they can outsmart the market...

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Best thing to do is find good projects early and go in hard. If everybody is already backing it then you have missed the best time. You can still make a profit but getting there first is key.

I think the ability to multiply your coins so quickly with curation is what keeps the price down. Not a bad thing though, it rewards the users and not the outside Hodlers

That is part of it. It won't last forever though. With more users will come less rewards. More people fighting ove rhre same reward pool so this is the best time to grow a stake.

Get ready for when there is less selling and more buying.

The chances of hive failing are close to zero. Why? There is so much built on top of it that it will take all those projects dying before hive dies. This is my belief.

The future of the blockchain is in the hands of the communities and projects built on it. This is the bigger picture, not hive price.

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I don't see it failing. You are right in how you see it and the expansion of all these other projects will make hive an even better prospect for others to join and build. I think it will hit $10 at some stage and want to be sitting pretty when it does.
Not to mention all of the other projects that we can get involved with while building a stake.

It might drop to 10c again if we hit a hard bear market but the chain is here to stay and to grow.

Really can't see how Hive would go down to below the bottom at 10 cents again unless there's severe whale dumping but to be honest, there's so much happening here, the projects that are rolling out building on HIVE, Leo tapping into various different chains as well, we're getting the marketing proposal approved (hopefully) and more eyes on what's being built. Could be spectacular for 2021 but this is crypto...

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We are in a much better position now than ever before. The whales that we have are more dedicated to the cause and a lot of them are running businesses on the chain.

We might hit a hard bear market again but I can see the sell pressure changing by the end of the year to buy pressure. The people left now are long term and there is new blood filtering in. A few success stories will bring more builders and more users.

Love the optimism, hope it comes to fruition! See you at 100k!

Dear @niallon11
The value of something is not always represented in its price, I think hive is an example of that, but, finally with time, is when you know what will really happen. Hopefully Hive will become a platform with more and more usage applications, and will positively impact its price.
Yours, Piotr

nothing here

Warning. Probable scam. Don't click the link

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