6/17/24 📈 Monday Morning Market Check-In 🎙️

in LeoFinance5 months ago (edited)

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📈Hive Monday Morning Market Vlog 🎙️

  • Hive .22 Target Hit & Broken
  • Bitcoin Bull Hive Bear
  • Gold & Silver
  • Dollar/Stocks Flat from Friday

Morning Headline ⬇️

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Monday Morning 8:30AM Prices ⬇️

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While it may be understandable that more and more Hivers may be powering down Hive to pay their bills it's getting discouraging knowing SHOULD more Devs and Whales are doing the same or abandoning the blockchain for greener fields.
My offline financial affairs are good so I am far from trouble, I'm staying on Hive! I'm only powering down some HBD to take advantage of buying Hive on the cheap,

You received an upvote of 89% from Precious the Silver Mermaid!

Thank you for contributing more great content to the #SilverGoldStackers tag.
You have created a Precious Gem!

Not good…HIVE with a new cyclical low… 🙁

Yeah, seeing the 2021 .25 spring bottom break is a bummer. .25 held after FTX crash and Bitcoin 15K bottom. Now Bitcoin up 4X plus from there and we are lower same period. It’s a bummer but the data showed it weeks ago. A lot of power downs and selling compared to opposite side.

No good signs…don’t see currently where buy power should come from.

It's a good time to buy, HIVE is on sale!

It sucks to see Hive down and I agree that the volume isn't really that large. I also think that an all time high isn't very likely. It might be possible but I don't think alt season will be as large because of the BTC ETFs.

Good analysis, Gene. I bought a lot at .27, and I'll be buying more soon. I do believe in Hive. I keep reading that we are safe for HBD until or unless Hive falls to .07, at which time the interest on HBD would stop. But I think that is based on the haircut rule—I don't know how the account selling or buying Hive to maintain that peg would affect things.

It is interesting that Steem is also doing similar things. It could be manipulation.

The last two minutes of your vlog went blank. Not sure if it is just on my end. Anyway, keep it up. Always enjoy listening to your thoughts.

!PIMP

Yup , I don’t look at steem often but very very similar moves indeed. Has been for a while. Generally though we are way down from the average crypto on top couple hundred. I’m gonna take bites and hope for the best, but if we pump above .30 plus I think it might be a fake out before a final bottom. We will see indeed.

Good to know HBD shouldn’t be affected even at .15 cents or so. I don’t see .07 happening but .15 I easily do.


You must be killin' it out here!
@geneeverett just slapped you with 1.000 PIMP, @dbooster.
You earned 1.000 PIMP for the strong hand.
They're getting a workout and slapped 1/2 possible people today.

pimp_logo


Read about some PIMP Shit or Look for the PIMP District

Good take on things... I think there is still some to drop. Someone or a group of people sure are dumping a lot of Hive...

I hope hive climbs up soon. It has been a massive bearish movement. I'm hopefully now that the bull run is near. Thanks for the update. Have a great day.

Ooh wow
The price is so low

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Hi @geneeverett!

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