HIVE at 1 Dollar....
Do not get surprised!
Hive is still hovering around $0.11. What I am saying is, we can really get back to that glory of $1 once again. I am aware it is going to be difficult but not entirely impossible! There are things which many users got from here, which are basically inevitable. With so many exceptions things could get really exciting around here. Believe it or not, I doubt if there is any other platform which could give a governance, fee-less transactions and plenty of successful DApps operating within the chain. HIVE has much more potential than we are seeing right now.
HIVE is passing a level of uncertainty in terms of price atm. No doubt, this price is making users not see the true potential which is resulting people neglecting the platform for some reason. But with so much to offer this could be the hub for content creators, developers and what not! Basically we can say that the BULL run which we have been waiting for couple of years after 2017-2018, it is finally here. But yeah this could be just a mere show of the market and we might be going back to the bearish mode pretty soon. Nevertheless, how worse could it get? We have already survived the bearish for the last two/three years. We are used to it already!
We are taking more than we are giving!!
Yeah, you know what I mean. The thing is, HIVE is one of the best platform which have been actively supporting hundreds, if not thousands of content creators, developers, gamers and maintaining a balance in their lives. No matter how small the contribution is from HIVE but there is a impact in one way or another.
As a content creator, I have to think and rethink before I lay out a post. The same goes for other criteria users, who are giving their time and effort to make their time worth it. We are taking an amount from the reward pool everyday. Which is making more tokens flow in the market. Resulting in increase of potential sellers in the market than buyers. I am not saying it is a good/bad thing but think about it, how long it is going to stand, if we continue to do this. We need a way to sink those orders (of sellers) in ways which will not only affect the total token supply but also will have an impact on investors to see a way to dive into the world of HIVE. Advertisement could be a strong hold to initiate on HIVE.Blog to start with. With that revenue we can buy a certain amount from the market everyday, which would increase the potential strength of the community. Thus this news of buying from the market could bring an additional vibe to the eco-system, kind of like the JOLT that we need right now for the community. (I will write a detailed post about my POV regarding to it ASAP). I have given plenty of time and effort in here. If Hive sees the true potential and gets a positive result not only me but thousands of people are going to get the benefit off of it. It is our duty to make things right and go ahead with the community.
HIVE reached 1 Dollar. This is not a dream, we have already seen it. We can potentially make it happen once again. The use case is what matters the most at this very moment. The more use case we have for HIVE, the more we are going to show what we can offer from our chain, thus more focus we are going to get. What do you think about it?
Best regards
Rehan
Optimism is a good thing, and If there's one thing I see int this community for the short time I've been here it's an optimistic outlook. We'll see how Hive reacts to the mania going on in the overall crypto-world
Yup, it gets better and better everyday. I hope you feel the same as you go further along the road of HIVE! Cheers mate!
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Personally, I think the recent dip in HIVE was the result of the failed ICOs on Hive-Engine. Most of the ICOs were little but attempts to get rich quick by making cookie cutter interfaces for HIVE.
Once the disappointment that disappointment has died down we might see HIVE rebound. As you mentioned, the transactions with zero fees is sweet.
Since Hive-Engine allows for low cost trades, it might rise as the foundation for some useful coins and applications.
Have I been missing something? I do not remember anything about ICO's happening on top of Hive-engine. If anything you might have been mis-informed (correct me if I am wrong though). Anyone can make a token but the value is given my the community (users, traders, investors). Whatever the issue of dropping the price of a token it depends on various things.
Yep, this could be a valuable asset and resource for us all, if we can utilize it wisely.
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I probably misused the term ICO.
I understood that the term ICO was a take on the term IPO used in stocks.
IPO refers to the process of making an equity available to the public at large. Usually IPOs take place on exchanges.
If the term ICO is based on the term IPO; then the term ICO refers to the process of making a token available to the public. It does not refer to the process of adding value to the coin.
There are several hundred tokens on Hive Engine and Steem Engine that the public can trade. The fact that the tokens are in a state that allows the public to trade the tokens means that the tokens have gone through a process similar to an IPO.
IPO refers to the process of listing the stock. IPO refers to the process of listing the stock on an exchange.
I am probably misusing the term ICO.
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https://twitter.com/Reehhan12/status/1331510531795034115
If there's something I'm proud of is the way we hustled through everything. Most projects would either sold their "soul" or just quit. Not hive though.
We will reach sustainable lvls in months to come. There's no fucking way for us to stay underdog for too long.
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This is what we really want to hear from every body. That spirit and urge to make it happen is what makes HIVE community much more different than others. We sure have gone through a lot and I am sure we will make it way up once again.
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Personally, I believe in Hive. The concept is sound and it has some unique propositions no other blockchain out there is capable of combining.
That said, there are countless examples where it was not about who had the best technology but who managed to make it the new standard first. We are still far away from seeing any form of real standardization in the crypto world, but it will start to kick in eventually. Hive could be part of it or Hive could be left out.
To a huge degree it's up to each of us to make sure that Hive will have the glorious future we all envision for it!
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Can't agree more. We have something phenomenon. If we can not utilize it properly things are going to get messy. There are other things as well, such as majority of people are not aware of the existence of HIVE let alone what we have been cooking. Things can change and that even for good. We can make it work with some right guide and path along the way. We have all the resources we need. We just need to get our minds straight, in some situations.
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I don't consider that I take more than I give. I really put time and efforts on my blog.
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You are an One Man Army buddy! Have been noticing your activity and you sure are giving your best. Time is of essence, indeed! We just need to figure this out how we all can say the same as you are saying. And I believe that will happen soon!
The potential sellers only hurt the price is they sell too low. I won’t sell hive anywhere below 50 cents and if I sell at that price only to buy again lower. In my eyes Hive is already a dollar or more and if others saw it that way we would have very few sellers right now. Obviously we need some people buying hive but many members do! We need a lot more members some of which invest and then the rest can sell if they want as long as they don’t settle for a low price
It is really Yup, as long as there is supplies there will be sellers. But the question is how many of us are actually selling onto the market (Hint: Plenty). But the fact is we need some sort of sink in order to reduce the supply or find a way where users will use HIVE to get the return without selling off of the market. That is going to the difficult part tbh. But lets see how things turn out.
I really like your enthusiasm towards HIVE!
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So yes, I agree. You have identified the problem. What you suggest we do about it?
I am still running point blank at this point but honestly if I have to go with something that I still prefer the ad revenue part. Remember, how STINC recovered via this ad revenue for some time, if we can utilize that, we might turn something positive out of it. I am going to put out a detailed post ASAP, this weekend! Hopefully it is going to be effective at the least. I am sure it will not solve everything but we need to start from somewhere right?
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