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RE: Snaps Container // 1733364720

in Snaps2 months ago

The rankings are messed up as they have more tokens, but it really shouldn't be this close. Keep promoting $HIVE as a blockchain with active development and a great community.

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They were already valued higher than Hive for a while fairly recently, I think that's the norm from now on

But what value do they have? There's no development and a few accounts take almost all the rewards. They censored my account during the fork.

Well they have Justin Sun making headlines for buying a banana for 6 million dollars and eating it, which is more than Hive will ever accomplish if we're being honest lol. Also people are getting PRETTY rich there for churning out chatGPT content:

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Yeah, but he seems to have done nothing at all with the platform. As I said, a few users get rich and the rest get pennies. It may be small enough that they can manipulate the price to keep this money machine going.

For sure. I havent investigated, maybe they do have things going on for all I know, but even if it's just a circle jerk, if it works it works... not my business to care about 'em anymore

Is there a reason why they have more tokens?… is it because we are burning Hive?

Possibly or maybe the rate of production was different. Most of the time the price difference means $HIVE ranks higher. I suspect some people are trading between the two to take some profits.

But is more tokens better? Scarcity can make things more valuable too 😉

Well most chains keep churning them out. It depends on the economics of the algorithm.

Hive is the future.

This has to be a joke hahaha...

But I continue to promote HIVE. We will soon leave STEEM in the stardust.