Hive hasn't had much luck in the past month... The whale downvote wars have done their damage... Maybe too much damage!? Almost 14% loss in just one month!
(I reported on the biggest and dumbest downvoter on Hive @themarkymark here: https://blurt.blog/hive/@outofthematrix/themarkymark-crying-like-a-baby-over-on-hive)
Has the toxic atmosphere finally taken over the platform!? Is all the Hive blockchain good for is Splinterlands running on the blockchain!?
A little reminder: I am a top 20 Blurt witness, sooo please help me stay there!
Please take a moment to vote for my witness, if you haven't already done so!
You can do this by logging into your wallet with your active key! ๐ณ๏ธ
It only takes a few seconds and doesn't cost a cent!
https://blurtwallet.com/~witnesses?highlight=outofthematrix
All Hive really has is the apps, which could be ported over to another blockchain with a bit of developer effort. The blockchain itself, and community, has little justification for existing. The code itself can be (and has been) copied and used elsewhere. The users are all Hive really has, and the only reason most of them are there, is because the rest of them are there. All it would take is a big chunk moving somewhere else, and the rest of them will be thinking about doing the same thing. If enough made the switch, the whole platform would suddenly hollow out into a shell just like Steem did. I'm not surprised to see their token price sliding.
Re๐คฌeD
They will own nothing...
They will eat ze bugs...
๐ฅ
One month after its launch, that is, on 04/20/2020, the HIVE had a value of 0.2975 USD. On 04/20/2023, that is, three years later (36 months) it was 0.4194. This marks a 40.97% increase in three years, that is, barely a 13.65% annual increase. Little less than miserable performance.
If at that initial value, which is normally quite low, we compare it with the value that you indicate of USD 0.3279, the total return is only 10.21% for the entire period, that is, only 3.5% per year. of gain.
For all those who still believe in HIVE and don't look at the statistics.
Do blurt next
Eat this... You will never see this with Hive again...
What the fuck you talking about. Canโt even hit 1/5th of a cent. Pretty much the definition of a shit coin. But yeah keep running your mouth.
There is no liquidity on blurt, if I spent my lunch on blurt each day Iโd literally double the volume.
Dude! HIVE is f##ked !!!! ๐๐๐๐ The writing is on the wall!!!
Why so aggressive buddy? You a little tense? I remember you bragging about buying HIVE in the 'dip' at about 38 cents...
That musst sting a bit in the butt at 26 cents!?!?
I donโt mind a sale. Let me know when blurt hits $0.01. Spoiler alert, it never will and when you finally sell you will crash the price before unloading your peanuts worth of stake. At the current trading volume it would take 20-40 days to sell your stake while maintaining 100% or the current trading volume. I have 200x worth of stake then you do and it would take me about 30 minutes based on daily trading volume of Hive.
If I were you... I'd start selling FAST! Oh, wait!!! You can't!!!! You have a 13 week redemption period!!! ๐๐๐๐๐๐ค๐ค๐ค๐ค๐ค๐ค
Dude... you really tense! I remember you bragging, that you have BTC and ETH alongside HIVE. How does that feel, watching it all turn to air?
It feels pretty nice never to have to work for the rest of my life. You should try it.
Oh no! I have some hive.๐ญ
Hold them, you will not regret. There is the truth about hive being a mess because of downvote war but remember that it is globally known and that is the reason it will be manipulated and we will sure see some move as soon as we move towards the bull run.
PS : The market is going down maybe it is the time to invest. It is your call it can be btc, blurt, hive, ltc etc.
Also good and happy to see blurt performing well in this time. I hope we will se blurt 10X and even more as we move towards the bull run.
Just if blurt can go and stay on 20 satoshi bull run will take blurt to $0.016 easily.
Thank YoU
My advice is - Sell while you still can, the price won't pick up again
Well, maybe I'm just wrong... ๐
It has been slipping against major cryptos, but I think that's mostly due to uncertainty with the SEC and inflation.
UPDATE: Down a further 8% !!!
Yeah it isnโt because BTC and entire market is down.
Actually... No!