The time has come to see crypto in a different pair of goggles. Everyone will continue to talk about Bitcoin, Ethereum and so forth. Crypto has gone mainstream when you look at the possibility in front of us. Regulation is no surprise for crypto. Crypto is cementing its place as legal tender in some countries. In the US the battle for stable coins just getting started. It is about time if you are not talking about crypto in the financial world, you are living under a rock.
While all this is happening the market is acting the way it should be. Ups and Downs. We have since end of July with BTC leading the pace from $29k to all the way $46k+. Ethereum is no different assuming the EIP change the inflation rate for Ether going forward. Yesterday a simple news push #helium to $18+. The whole crypto market is alive and running like a well oiled machine. There are other issues around the market and I called them work in progress since they can be avoided with proper coding and security check along the way.
Usually #hive follows the price of the top tokens and show its face while trading. Lately for the past week, Hive found a niche where it holds its ground when BTC just dropped from 4%. For Hive it is the reverse for 4% gain. I look at the trading partner for Hive and it tells a little bit of the story. The trust factor and the need associated with Hive have nothing to do directly with BTC.
When you look at the trading volume alone, KRW pairs with Hive has a 79% trading volume followed by USDT with 15%+. Trading pair with BTC only a mere 3.59%. It may not represent a heavy weight in the balance it represent where the bulk of the trading is heading. It helps in the short term for Hive to maintain the price ratio of 46 cents US. I hope what make it work continue to do so. One thing to know market fluctuates from supply and demand. as long the demand outpaces the supply we the holders are in good hand.
Looking at hive within the communities, there are many aspects that solidify the need for Hive to stay in the green. First Leofinance in itself is the community with a dedicated followers. With Leo tokens and #Cub on the other side, they are the enablers and a great route for Hive. Long time ago there could be one direction for Hive but things change where you can have other means to your ends.
Splinterlands are the other one with a new trend in action for Hive token. #Dcity with sim token provide avenue for Hive to hold and bring action all over the place. The metrics can say a lot and hive-engine is another place for Hive to thrive. There could be more out there for Hive to growth and the adoption had just beginning for Hive. When you have in house growth, at least you know surely where Hive is heading.
With increase in value, less Hive inflation in the wrong hand. Hive is the perfect example where when you look at crypto you can start thinking away from BTC or Ether. The community is doing something that fit our needs. Due to exchange you may be able to trade but within the blockchain, the churn is clearly in the positive side.
We have been in the forties for some time. August, September should lead us to the fifties. Value always calls value. We are doing just that with everything that is going on around us. Due to decentralized aspect of the token, you run your wallet your way from different UI. August seems favor the holders again knowing it will be hard to get more Hive if the price continues to appreciates. We will see if 50 cents is on the horizon by next week.
Keep stacking if that is part of your goal.
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Stacking
Your daily advice and those that follow it will prosper. He who toils diligently in the night of sub dollar Hive shall be rewarded during the day of 1.00 dollar 💵 Hive.
The sun always follows night and those who toil until dawn shall feel the sunshine on their face.
It’s important and you remind us we are stacking Hive and not dollars. The Hive we stacked at 13 cents is now worth 50 cents, so all that we earned has increased in value, along with the value of our upvote..
It’s important to work hard and save faithfully now. It’s to late when Hive price hoes up and many come here for the one dollar token. Stack now and stake now, so you will be rewarded later.
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The way you put the words are priceless.
Hive is in a mission where the true value cannot be numbered in dollar. At least we are not selling.
Just want to buy some more right now.
Great for the focus.
!BEER
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Am barely looking at the price for now, as my stake is too low and I've focused on growth. I'll look back in a year or two and know by then I'd be grateful for the consistency
This is as wise as you can be. I look at the price for another reason. Drop to buy more.
I guess I am out of luck since the hole for the drop seems to be inexistent.
Hive is looking good where it is now.
!BEER
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Let's hope I surpassed those 50 cents and ranks much higher in the weeks to come. And how you always tell us to keep stacking our Hive tokens.
Hope you are stacking as well.
That way you can bring more to your support and have a great number of followers in Venezuela.
Hive can bring change only you can implement.
!BEER
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I don't watch the price.
I just keep stacking and powering up.
but thanks for the update.
!BEER
Your name says it all, keep it simple.
I think if more of us do the holding
the price will eventually go up due to demand.
Can't wait to see how a sustainable dollar Hive behave in the market
!BEER
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This is good news, hive has a lot more to accomplish in time to come
Hive in itself is good news.
Crypto in the making has Hive all over it.
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Nice seeing hive very close to 50cent. Hope it surpasses that in the week to come. In the mean I will keep staking the few ones I get as I believe we are yet to reach the true price of hive.
Nice seeing hive very close to 50cent. Hope it surpasses that in the week to come. In the mean I will keep staking the few ones I get as I believe we are yet to reach the true price of hive.
Congratulations @pouchon! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :
Your next payout target is 39000 HP.
The unit is Hive Power equivalent because your rewards can be split into HP and HBD
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STOPTo support your work, I also upvoted your post!
I think the million dollar questions are will it stay at this rate and keep rising, as i still want to do a lot of stacking before it does a massive bull run.
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Well, it seems that many people live underground and comment that cryptocurrencies do not generate profitability.
But I know that next week will be much better, HIVE will be close to $1.
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Crypto is the leader in profitability.
On the other side with volatility.
Long term always pays dividend.
No need to run everywhere.
!BEER
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