Hype Does Sell Put It With A Solid Product You Get RALLY!
No matter how much someone wants to argue the fact that Hype is not what to buy on that has drastically changed this year. Less and Less crypto and stocks are being bought on real numbers but instead on hype from Influencers that just trigger massive rallies. It's where the Buy and HODL comes in stronger than ever now.
For instants I use to mine Doge because it was a fun easy coin to mine years back. I held on to them for years. Would I ever expect DOGE to be at $0.26 or have rallied passed $0.40 hell no I was thinking MAYBE $0.01 and I would have 10x but now your getting into stupid numbers that just boggle the mind and none of it adds up.
The thing is you really should try to make sense of the markets anymore. If it's being talked about and there's hype around it it's going to fuel growth, buying and advancements. Crypto is no different.
In fact crypto is on one of the biggest rallies ever and I honestly don't see it stopping and it's because of influencers backing it. As soon as it stops being talked about and FUD steps in you see those massive dips like we did just 48 hours ago.
Eminem releases NFTs
Elon musk tweets about Bitcoin
This sparks new agencies and more people to talk about Bitcoin and Crypto and in turn you get a quick rally. This rally is still FAR from the all time highs of bitcoin we are still down currently as of writing this about 20% off from the recent sell off.
This should also show you how volatile crypto is and when you see a flash crash like that it might be worth staying up that extra hour to buy in on a further dip.
Now couple this with a very awesome product like crypto with Hype and you have a winning senario. The thing holding a majority of it back again? Fees yup the same BS we ran into 3-4 years ago which crushed the rally.
What would happen if Hive had all of the use cases in place but started to really attract people to the platform to...
- BUY NFTs
- Be able to make low fee fast transactions
- Popular game interacts
- A solid marketplace for gaming like Wax
- More social platforms besides just long for articles
- Easy sign up options and understanding how it works
Having these things in place NOW or very soon is going to be critical to how fast and IF hive takes off.
I question if Hive could really handle a massive quick rally in terms of transactions on it's chain. I believe many times before it caused it to become sluggish. Has Hive really ever been stress tested in terms of how much it can take on? I hope! or is it all theory?
Today let's build some hype. Let me know what games, NFT platforms or other platforms you use HIVE for. Also let me know what you wise Hive had in the comments.
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I can really see Splinterlands blowing up in the future. It would be a perfect game to program into a VR type game where you would be the summoner and the monsters would battle it out before your eyes. There is a real future in it IMO which would be huge money and innovation coming to Hive
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Yay! 🤗
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Not in real time. Blocktrades has run lots of stress tests but that isnt real world activity. How much can the blockchain handle? You never know until you try.
That said, in testing, the optimization 10x the amount that could be handled compared to where it maxed before. But there are a lot of factors that go into what a chain can handle.
It seems we are in very good position. Now we just need some applications we can market the hell out of.
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I don't know if HIVE can even compete in terms of NFTs right now. WAX seems to be really good at integrating itself everywhere and this also includes Rising Star and Splinterlands. As for the NFTs from HIVE, I haven't really seen it promoted anywhere outside of HIVE. I guess the only good thing is that we do have some good games like Splinterlands whose home is on HIVE.
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Hive seems to have a great core of users who believe in HIVE, but what we don't have is the irrational army of idiots who blindly shill all the time. While I am not a fan of some projects, they seem to attract those who are willing to post about it everywhere and shill until the user base explodes or the rug is pulled.
DOGE has a bigger run because they have the army of users will to promote it non stop. If HIVE had the same, we might do better as user base grows
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you are on a real important topic. the fact that Hive needs more publicity ;) ...and then it will lift off before it is too late
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