I didn't query the data too intensely but I don't think there's that much actual buying going on, more just powering up, and more and more and more liquid sloshing about every day, which seems to be traded back and forth harder and harder.
Hive is great, but it's not a token I'm buying anymore of, just a hold.
hmm okay, seems like you are somewhat bearish on Hive as a whole then. There is a good possibility of having $5-$10 this summer. But from a blockchain/project perspective I am actually quite bullish long term. There is just too much development going on currently to ignore it. Perhaps we have to rethink the reward pool/blogging side of Hive a bit as this seems to be the weakest point of it imo.
Well if there's a crypto moon I doubt Hive will be left behind, one just can't predict these things.
I'm happy with my stake anyways!
I'm relatively new to the HIVE community but from looking at the overall crypto markets there hasn't been enough excitement around crypto to get new buyers in, and I also think we have seen so much institutional price halting for the past 6 months that many of the new heads are bored. It was nice to see a big bump in privacy coins due to the conflict in Ukraine... especially when at the time BTC was trending down and sideways. Frankly I don't like to see bad things being the catalyst for crypto to do well but we do have to remember Bitcoin was created during the aftermath of the 2008 market "crash"(barely) and unfortunately part of watching crypto grow and evolve is watching some institutions and systems we have known all our lives will have to fail and fall. I do take a "Glass half full" perspective though, I know from my time on this earth that things must die and decompose to provide space and nutrients for new life.
I would say be patient, be positive and stand for what you believe in.
Oh don't get me wrong, Hive is still my main holding in Crypto, so I'm hardly giving up on it, if crypto does well, Hive will probably do well too!
It's one of the few coins with a real use case!
I agree there is no need for big tech to horde our data to make money on our expense. This does allow us to earn off our content, and more importantly is censorship resistant
Indeed, many advantages here!
!Pizza