Cheap HIVE || Noticing less posts being made!!!
HIVE at 11 Cents!!
As shocking as it sounds, HIVE is indeed at 11 cents while I am drafting this post. We have been noticing the up and downtrend for quite some time, naturally it has been affecting the users, investors in several ways. Let us see what is actually happening in a novice POV and try to deduce some facts on to it.
The above screenshot is from Binance. A 12 hour chart representing a clear downtrend. Although we may be able to witness some spike in price here and then but those were not able to sustain with a strong hold. Which continuously resulted in a downtrend. Even now we possibly are at a lower end in terms of price for HIVE.
When I see in a business perspective, I would possibly invest in Crypto! As there are promising projects, which would give me a decent ROI. I have seen HIVE from the very beginning like many of you. If I am being honest, I can contribute to this community via sharing my thoughts/ideas but when it comes to finance, I am possibly a small fish in an ocean. We need much bigger fishes to make things right for this chain. For that, we need to attract those whales with what we have. And believe me, we have much more things going on then we can possibly imagine!
- Decentralized Eco-system
- No censorship
- Fee-less transaction
and much more.
recently, I was asked by a fellow HIVE user, Should I buy HIVE at this price? My immediate reply was, are you thinking long term or short term? Once he said short term, my answer was don not! If he said he was thinking long term I would have definitely said go for it. As in long term even if he Powers up that token he will get a benefit and make proper use of it.
What if HIVE goes deeper into the pond. I honestly, do not care. Yep, As I am here for long term. But we need to sustain a resource to make things right and instead of letting it go deep into the gutter (in terms of price) we need to bring it back. As currently, we need to find different ways to make these dumping of HIVE on to market as low as possible. For that we need some more use case of HIVE.
Have you noticed, we are seeing much lesser posts on HIVE?
Ye, whenever the price declines people tend to go on a vacation. This have happened in the past with Steemit and also now happening with HIVE. But honestly, those who are still continuing their usual activities, they are going to have the most benefit out of this situation. Less people= more chance of getting curate. More chance of accumulating HP in this low price.
While it all depends on POV! So it is for you to decide, how you will act in this downtrend and how you are going to make use of this current trend!
Best regards
Rehan
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https://twitter.com/Reehhan12/status/1322610997044023296
Is this the HF24 effect on the price?
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I don't think it is only the HF effect. Probably because lots of improvements can be made which are not being made or not being given priority upon.
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I wouldnt believe so. Not enough exposure.
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I think 10 cents will be the bottom. It has fallen for too much and traders will kick in, don't know much about long term investors though. In regards of attracting those long term investors I guess we should blame marketing for that. I've been here when STEEM was 9 cents, I'm here now at 11 cents per HIVE and will be here at $1 as well. The trend of low traffic when price dumps is not strange to me.
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This is sth which I can agree upon. Even a small update could be lethal(in a good wy) to the crypto world. And this is what many big companies are doing and getting the focus that they need. if you have any cool ideas or know who has ideas do check out this post.
Well, thanks GOD HIVE has some strong believers and we sure will see to the deep and long road ahead. We literally have everything we need but little organized work would make things right for us all.
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There are a lot of believers long term in the value of the Hive blockchain. The token will eventually reflect all that is taking place here.
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We are going to see a run over time. Hive is driven by something different than the likes of Bitcoin.
Some platforms are starting to get their act together which will only help Hive. This is where the gold lies.
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Maybe people are dumping Hive to convert it into the mooning of bitcoin.
There might be a few like that, for the most part I think it is just continual dumping. we see this happen over time.
More sellers than buyers.
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At this price, I doubt it would be any useful to those people. But it is what it is. Nothing could be done about those people but we can restrain such actions by taking few steps. Stay tuned buddy, will probably share some ideas about it as well.
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It certainly is the history. The price goes down and people get less active. It is a wonderful opportunity for other accounts to add to their holdings by being active and getting rewarded. The reward pool is the same so less posts means more paid out to everyone else.
One thing I want to add is decentralized data, this is going to be something that really add to the use case in the future I believe.
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I wish people who just have left or away atm really understand what they are actually missing.
Keep on pushing and making the best usage of opportunity at all times, learned it the hard way and it has helped me in almost every tough situation.
Decentralization is the future indeed. It is just a matter of time and patience from where we are now.
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We can only do our own parts. Others make their choices which allows for more people to are still here to benefit.
As we always see, a price run will attract more people back.
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Well, it's what it is, lower prices drives people further away. I mean it's the mindset. This happened with steem too, you're not wrong on your observations but then I hope for a better turn out, hopefully.
I and those who are still here and giving their effort as usual, they sure are making the right choice and we are going to see the effect of it in long term run. Cheers bro!
Thanks a lot man, hopefully we can build farther into the future.
I am powering down a little but not necessarily because I don't believe in Hive. Have been active ( on Steemit/ now Hive ) since June 2017 and invested a lot of time, money and energy in this place. Made loads of awesome friends from all over the world. Just a little hard to visit each other over the moment.
Funny enough, I started blogging more lately but I also made a move to the LEO community about a month ago, as I feel there's more focus on the growth of the coin here.
I like to think that the bottom is almost in but let's be honest, nobody really knows. Let's see if I can buy some more cheap Hive before we're pumping again.
Enjoy the remainder of your weekend.
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Understood, we sure have our necessities and no one is to blame. We do what we think is best for our growth. Being here (on HIVE) and consuming/delivering content is a sign of positivity alone. Keep on going.
I should say that is a good move from your side indeed. And I have to say LEO is indeed a promising tribe and have some true potential in future. Hope you get your desired success in there. Cheers mate!
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You get it. I also think LEOfinance is way more than promising. They are actually following up on their promises :<)
I wish you all the best too.
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this sentence knocking in my ear .because l was posting less of my busyness 🙁. l don't know about steemit.
l know about hive. l learn lot of think here and l met some good people.
we know that's bad time for hive. hope hive will going to long ran.
let's see!
We all have our own life to deal with bro. IMO real life matters more than anything. When you have dealt with everything, then comes other priorities. Take your time buddy as HIVE is here and will be here! Hail HIVE to the future ;)
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I like to watch
human behavior when things are not great.
Everybody is worried if Hive will go down to 5 cents.
It is almost unnecessary headache to think that way.
Best thing to do is support the community
long term goal, you mentioned that and be there for each other.
!BEER
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Well if this happened when I was NEWB, I would have worried also if I was a big investor (whale) for short term, I would have been worried but as for me now, I would literally put in a big chunk without much thinking because I am aware how much this platform can grow and how dedicated the users are in here. LONG TERM HODLER we are and lets keep it that way! Cheers and tnx for the BEER!
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View or trade
BEER.Hey @rehan12, here is a little bit of
BEERfrom @pouchon for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER.The trend won't change. We all need to hear some of @lordbutterfly thoughts about hive and its inability to move. You see Leo? You see it's moves? Hive does not
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We need some dedicated changes in order to move HIVE from where it has landed. I guess we need to act for ourself in our ways. Till then keep hodling and do what you think is best for the eco-system.
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Follow the people that you see on HIVE lately, and those who are filling their bags at the moment... :)
That sure will be in front of my eyes and bad in bad times we can see the true faces of some people. But either way those who are bagging HIVE right now will smile in the future ;)
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Exactly! When you are building when everyone is on the couch watching TV, you are on the good path to succeed! And I hope we will smiling in the near future :)
I didn't expect Hive to come close to $ 0.1 worth. However, today I bought some HIVE.
I suppose, nobody did. But with the use case of HIVE and the sell off's in the market, this was suppose to happen. But nothing stays for long and we should be able to make changes for ourselves and for the eco -system in some ways. Lets figure that out and till then keep doing what you think is best for us all.
Noice, discounted HIVE in your bag!
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I will continue to use HIVE even though the price has been in free fall since April. Hive is a fantastic blockchain and has tons of amazing social media applications
Hive is looking like a buy for me ATM, I remember when Steem was down this low I had a strategy of buying 50-100 a day (maybe in weekly chunks) -
As to posting, if less people are doing it, NOW is the time to POST - more rewards!
Now's the time to get busy - buying and earning I say!
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I intent to do that all along and make the proper use of posting nowadays. Exactly, this is the right time to act. Buy, post and make HIVE as much as possible.
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I've never understood why more people can't see that - the worst time to get busy is when everyone else is.
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Looking from the bright side - we're now earning more than just HIVE.
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Exactly, moreeeeee HIVE for us content creators! Cheers to that!
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That is simple, no significant reward no posting. Look at leo, leo whales give better appreciation to minnows than hive whales. Hive will be next whaleshares If no side chain hive will die soon because hive tokens is hypwrinflation among whales Down vote and not appreciated minnows are cause people leave hive. Never expect increase in price if whales can not share prosperity to minnows
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That is personal POV. I don't think everyone thinks that way nor does everyone shares their reward with others. when it comes to Upvotes, it is completely dependent on the curator himself/herself. But yeah, without some appreciation it is difficult to survive in here and for that we all have to do our best.
And I suppose plenty of people(whales) on HIVE is doing their best to make best usage of their HP in their own ways. As for LEO, I have to say the whales have sure built some rep for themselves and I am glad almost everyone is getting some positive vibes in LEO. Hopefully to attain that in HIVE it would be possible soon enough :)
We need more use case of HIVE. Less sell and more buy from the market. That will be a way to increase the value of HIVE and increase the popularity of the chain. Remember LEO is on HIVE, if HIVE goes down, it would be a negative impact on LEO as well. We want everything to thrive on the chain, so that we can grow together!
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Know that leo is on hive. I hope whales should realize that authors without high power are investors too. They spend time and effort to bring best contents on hive. That is an irony when a reputable author in my country leave hive due to no rewards. Now she is working on a wing of one political party as the writer.
i don't know man i'm kinda scared. You can't expect everyone to have courage like you
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Yep, if I was a big investor, I would have been savaged to see my investment go down like this (get half in a matter of days). But something would surely come up which would make a difference for HIVE in the coming days. We just need that push and we will be good to go.
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I don't predict top or bottom of any market. But I am a contrarian in general. In terms of posts, I can assure you, I am posting more than my personal normal. There are other reason for it. Mostly to inspire others as well. Also trying to get into a habit of writing.
I bought some hive yesterday and some today. Small amounts.
I wish things would go normal within days. But I am not even sure what is normal right now. With so many options in hand, why are we still not acting up, that is a big question! But I suppose we will get over this situation and make a positive turn soon, if we do sth positive about HIVE (in general).
With posts, it does requires a lot of time and effort and you are giving that, which is really appreciable and it sure is a way to motivate other creators like us. Sometimes when I see authors like you, I feel like, if ya'll can take your time out from your busy schedule and create contents then why should I have any excuse. It matters a lot when big stake holders do sth positive for the chain. We need more of these for our community!
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I don't know if I understood what you said here but what I'm thinking is that; isn't it a good chance that the price of Hive in USD is smaller? Currently, the price of Hive in usd is $0.110988. In this sense, doesn't this mean that you can buy more hive with a dollar? While HBD, as of the moment, is priced at $0.908779. But if you are to convert hive to hbd, I think it wouldn't give you much of a value.
for those who believe in Hive and are in it like us, the price shouldn't affect the quality and quantity of posts.
I continue to publish my 2 posts a day because I like it and because for me 1 Hive = 1 Hive, I don't care about the price.
I haven't sold hive for $ 1 and won't sell for $ 0.10 or less. My vision is always long-term
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Yes it looks like many of the people who used to post are seeing the price tank and instead of thinking wow I can make so much more stake they think they getting less USD value for their efforts, posts are starting to dry up which means the competition for the reward pool is low and those that stick around are earning a premium so I am not complaining
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I will remain active despite the price plunge. Lesser participants means greater spoils - that's my POV.
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LEO must be shoring up the price as people buy hive to get LEO. What would it be without LEO? Have we hit bottom? I don't know. I am thinking we might hit sub ten cents before soaring
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