Why Is Hiving Crashing Down So Hard?

in hive •  2 years ago 

I still didn't sell all my HIVE, though luckily I sold most of it already.
HIVE is loosing its ground too quick, especially if you compare its price to BTC.

Holding HIVE was nice when investors got mixed up between HIVE Technologies - a mining company, and HIVE the crypto, which has nothing to do with this company, only sharing the name.

The HIVE community is brutal, thanks to the STEEM legacy of the downvotes. I felt it my self with a bad encounter, and quickly understood the risk in the HIVE investment. Apparently the fall of HIVE is too quick even for my taste, considering power down (un-staking) HIVE takes 3 months!!! which are 3 years in the crypto realm.

I think Blurt power down which is 300% faster, is still too high for investors. I the world today, staking is a problematic feature, maybe there should be an option for immediate power down with a fine. Sometimes there are deposits or savings that are free of tax, and if you pull them out before the end of the period you either pay the tax or don't get the interest rate.

This kind of feature is important for creating investors trust. In todays world having your money fully locked is very problematic.

Thanks for reading me, love to get your comments
Peace and love

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  ·  2 years ago  ·  

I have read some article that it was mistaken for another company with the same name during its bull run to past $3.


Posted from https://blurtlatam.intinte.org

  ·  2 years ago  ·  

Yes, that was the reason, and people there really think its worth buying...

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