What is going on with Hive ?
Anyone know ? I know you are not allowed to ask these questions elsewhere ....
Chart : https://coinmarketcap.com/currencies/hive-blockchain/
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I've been asking this question since we were Steem. It is very frustrating! When BTC goes up, Hive goes down. When BTC goes down, Hive goes down further.
I hoped that the constant trickle down would have stopped after we forked, but it's still happening. This shoots down the excuse that we were constantly dropping value because of the top holders selling off millions every week. What is the excuse now?
Very disheartening. There is no Steemit/Ned to blame. I suppose the answer is there is no good reason to stake.
A few Angry Whales with a chip on their shoulder and tons of Hive just go around downvoting very good and kind people to zero. They laugh at the devestation on Discord.
Why would you Stake agree! Hardly 10% apy on curation(it's like 100% on blurt). Downvoting(good luck bringing users)--- (promised SMT for years)--- It's been like 6 months since Hive started and the latest HF did nothing in fact it broke a lot of things.
I watch Trending and whale downvoting wars make hive look bad. Downvotes destroyed hive. Day after day after day whales attack every one.
They attack me, everyone, and everyone else. It's SAD!!! The token price keeps sinking, while BLURT goes up 100% in the past week, and it's just starting to pump LOL.
Every time Bitcoin goes up the Whales sell their Hive to buy Bitcoin.
Yeah, dare to ask Elsewhere and you are toast @offgridlife :D
This is Very True.
The news it out, BLURT is the hot social platform WITH no DOWNVOTE mob. Hive devs do 0 progress, the last HARD fork did nothing to improve the chain, and just downvotes continueee LOL!!!
It seems like everyone from Steemit and Hive are moving to Blurt. This is very True !
I have seen a lot of giant investors buying Blurt on ionomy.
Downvoting wars are killing the Hive.
Source: BlurtWisdom
May be, no functional Exchange wallets is one of the reasons for it. Have major Exchanges opened up Hive wallets again?
That is probably the reason.
The norm is happening did you expect anything different?
Same was happening with steem but atleast the hive fuk wits had someone to blame.
Same will happen with blurt after the dust settles
Inflation will kill em all its a flawed system, is it a ponzi?
Debatable has all the attributes of one with the "social' bit on top.
Ps nothing wrong with ponzis im making a killing on tron ones at the moment but in the end when investor confidence dissappears there is only one outcome.
Until blurt introduces a source of income via advertising or something else it will always rely on people buying to sustain and that doesnt go on forever.
Eventually less buyers, more sellers, price drops,
bye bye
Blurt is working on several sources of income.... Amazon Text link widgets, Youtube, many more ... I am testing them all on my blog. So seamless you haven’t even noticed .... my text link ads are bringing in $100 USD a month already.
Thats really good and not noticed but will have a look now
I offered to help Steemit and Hive with Text Link Ads.... they ignored me. Oh well... Blurt will be rewarded. @megadrive is a Righteous Dude !
Brother, keep doing the work you do.
I think you are great and very intelligent. I support you.
As for Hive, I can tell you that this must be a product of the last HF, where there are still dApps that have not managed to reboot completely.
They did the HF on the 9th and then they had to repeat it on the 14th. Something did not work well for them.
Let us understand that this uncertainty has a negative effect.
Also, we cannot forget that days before the HF the same @blocktrades proposed to reduce the curation rewards.
The entire environment of revenge in Hive also affects the ecosystem. Nauseating characters like @ jaguar.force just screw it up.
There are about 10 Evil whales on Hive but mostly just 1 or 2 Super evil ones.
I could suppose who they are.
You can never mention their names .... ever.
Not even on Blurt? 😱
They have eyes everywhere