Suddenly, I'm really glad I moved all my HIVE into BLURT a couple years ago! It has been a rough ride, but I'm doing far better than if I had stayed in the HIVE token, which recently has failed to follow the bull market upward. It is now back to the USD price it was at the start:
Pricing it in BTC shows the bloodbath - it has never been worth less. Look at that freefall to a new all-time low!
In other words, anyone currently holding HIVE could have just kept their money until today, and bought even more HIVE tokens. All that holding was for nothing. In fact, less than nothing. They were losing ground. They still are.
Who is happy they sold their HIVE and got into BLURT? I am.
Here's HIVE over the past year:
Here's BLURT over the past year:
Pretty similar for the first half, but then when BLURT starts to recover (and follow the crypto bull market upward), HIVE can't seem to get up off the lows.
Zooming in to the last six months, first HIVE:
And then BLURT:
The HIVE:BLURT ratio is currently 77:1 (it costs 77 BLURT to buy 1 HIVE).
The ratio was well over 150 at the start of last year. In other words, HIVE has lost half its value against BLURT since the bottom of the crypto bear market.
While it's true those of us holding BLURT recently would have been better off in BTC, we can count our lucky stars we haven't been sitting on HIVE!
I've noticed the rot creeping through Hive, the way it crept through Steem. You don't hear much good about the place nowadays. It definitely peaked a while back, and has been stagnating and crumbling ever since. That's reflected in the token price. My hope is that more and more Hive users notice that Blurt and BLURT are both doing well. The Blurt platform is familiar to them, and works well. Our token is gaining during this crypto market, unlike theirs. Not to mention we have many major upsides here, like no downvotes (or associated cabal of profiteers and wannabe policemen). If they were waiting for a signal, here it is!
We're here for them when they're ready.
Posted to Blurt, Steem, and Hive.
DRutter
Good update, I believe blurt will do much better in this bull run
I sure hope so.
And I wish no ill on HIVE holders. I hope they consider Blurt if their chain continues to falter. Maybe some would be wise to diversify their presence and investment.
Re🤬eD
Maybe the few people who use it are tired of Punks getting away with flim flam ... It IS the most Socially manipulated chain i know of. And im sure the little Devils who manipulate it are part of the Canadian Intelligence Agency... If there is such a thing.
Really hoping someone from that nest goes down soon for all the foreign interference disguised as Faggotry.
Fuck hive 🥓
Blockchain is unique and a lot of them are forgetting that there's a record of EVERYTHING. Every little click and entry and time, recorded forever in millions of copies that be changed or destroyed. Later, very powerful software is going to scour this data from every possible angle, and come up with a LOT of patters and crimes that we currently aren't aware of, or can't measure. Every crime will be disclosed. Every sin will be brought into the light of day. All corruption will be discovered and punished. Everything stolen will be returned with interest. The downvote cabal (and/or their estate/legacy) will be exposed, shamed, and drained of everything they deprived others of. Until that day, they'll continue to have their fun, but they will NOT be getting away with any of it. That helps me with the frustration and sense of injustice each time they nuke my posts, or when I remember how much momentum and virality was stolen from me. Everything they now have, and more, will be ours. They are only digging that hole even deeper, but eventually it will all have to be accounted for.
Itsa storyful
Fo sho 🥓
Photo Credit: hive.blog
Some sick puppies. I hope they get a wakeup call... but if they haven't by now I guess I shouldn't hold my breath.
The downvoting starts to tarnish your soul after a while.