I'm long hive short and long term.
Short term because every shitcoin pumps in a bull market anyways. Right now we are in a huge altseason. First it's ETH, then large caps (already started), then mid and low caps. Hive will pump at this point, no matter what happens on the chain. We could all leave and it would pump. We are exactly following the price action of Steem in the 2017 bull market, one month in advance almost.
Long term is more is more interesting. For me it goes back to the vision blocktrades has, Hive as the ultimate layer 1 to build dapps on. I think long term a few chains with different characteristics will win. All it comes down do is engineering tradeoffs.
You need bitcoin because it is extremely secure and decentralized. But it can't do anything.
Eth is much less secure and decentralized, but allows us to decentralize finance. It's a good compromise. However, it doesn't allow us to decentralize social media or gaming.
This is where we need dPOS. Nothing else works. BSC is dPOS. But BSC is centralized. EOS is a mess, don't even need to mention that.
HIVE is the dPOS play, less secure and less decentralized, but enough scalability for web 3.
It is a good tradeoff. That's it.
Hive is a short/long play for me as well. I wanted to secure my stake early just to be safe. I look at hive as the decentralized distribution play that all other chains will want to have. And with PoS, node count actually isn't as important as many think. Token distribution trumps node count every day of the week. You can get by relatively fine on a handful of nodes as long as the tokens are distributed well. But you can have a million nodes and be centralized if the token distribution isn't good.
Exactly
That's so true.
At some point Hive holders will hold so much use cases/power with it, the value will become crazy.
If some of the ETH projects would be on Hive, would be amazing.
From defi to anon transfers. It would also bring so much value to hive. Because of the free transfers wrapped tokens should become here 100x more useful for daily use than on other chains.
My vision for Hive is Social + Finance + Gaming + a super log-in solution and ownership proof over wallet ( keychain).
For example games, like a game log in :)
Yes. So much potential for entrepreneurs to build the next big thing