The unexplained spikes of Hive over the past two months, the sudden bottom price floor of $2.00 for Hive, and all the activity this past week. Then the announcement of Dorsey. Maybe Posh has had an effect, and maybe the slow spike buys, and current buys are more than just a lot of people all of a sudden deciding Hive may have a real use case. I know he likely has not invested in Hive, but if he did could bigger numbers for Hive not be far behind?
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If he did invest, for sure. Just imagine what a Tweet or two would do for this place :)
I still don't understand the price hike, I am glad for it, and I found it real interesting that for the year when I looked Hive is up over 1600%, I don't think bitcoin is up that much coingecko has bitcoin 1 year up = 227.8%, and Hive 1 year up = 2091.9% that's a lot more than the last time I looked.
Still I and I am sure a hellof a lot of others are happy with the price rise.
This is a bull market, everything is going to have spikes because there are groups of speculators speculating. The real test is what the lows are later.