Random Spiels, because @macchiata already called dibs on Brain Dump series. I just want to call my random shower thought posts something because it sounded cool.
Look at the bright side, with Hive going lower, you can now buy it for cheap. Too optimistic? not really, I'm selling copium here. I'm no finance guru, and none of this serves as an investment advice.
The reference points I'm talking about are the points when you started to join Hive. If you started your crypto journey on a bull run, you've seen better days and think everything is doom and gloom once things go down. This is common for people that started in the red circles all the way down.
But for people that started in green circles, seeing the price rise up from a long period of no action must have created happy memories. Your perception about your crypto journey or the market will depend on when you started interacting with it. On this case, your perception about Hive, the market and the platform. Hive hitting levels back when it was 2021 now (at the time of this writing) must have triggered different reactions.
Let's say you acquired some Hive at 0.2, then it went up at 0.8 then down at 0.5. This isn't so bad. Now see it from the point of view of someone that acquired it at 0.6 then it went 0.8 and back to 0.6 then 0.5. This the worst investment. Guy that bought at 0.2 says dump it you weak hand. It's about where you started that affects your perception about market price.
Your perception about things will always depend on your reference point. And this isn't to say that one point of view is more right than the other. This is the market, and we're only looking out for ourselves to profit.
I've been open about my bearish stance on Hive even before I made these posts. It doesn't mean I hate the token, it just means me grounding my expectations on the token with reality. We've been constantly in a downtrend, while in a bull market. If Hive does a complete reversal, great, everybody wins except the short sellers but it's currently not doing that. Even the data of active accounts on the platform from 2020 to now shows how price and user activity go together.
A life outside Hive, the other self-absorbed section of the post:
I haven't been as active as I used to here. There's a lot of fun stuff out there after touching grass. I'm working on my other social media accounts as a side project on top of offline learning. For content creators that are serious about their hobby but stagnated to just shitposting on Hive, try growing your accounts on other platforms to get a piece of reality check.
Below is the most engagement I had on X in terms of impressions and only a few likes. It's not much. There's no monetary gain from dropping that random comment, but it could probably fetch a few Hive over a small upvote.
Here's a Witch from my DeviantArt Account in contrast to the Witch on my Hive post. Seen any difference? at the time of this writing, the deviantart post only had 11 favorites/likes and earned 0. And frankly, I'm chill about it because that's a reality check.
There's a bigger world out there.
Thanks for your time.
wow, buhay pa pala ang deviantart. Back when Flickr was for photography and Facebook was still starting.
With regard to Hive price,I think most of us here appreciates its utility. The question is, would there be enough of its demand so as to increase its market value? The increase of Hive price in 2021 seems to be inline with the NFT gaming hype which includes Splinterlands. Could there be other fundamental reasons during that time?
Now that Splinterlands is also losing some player base and having a hard time to attract new players, what else could help prop up the demand for Hive? Seems like the fundamentals is not looking good unfortunately. We need a new impetus to create demand.
It's not as good as it used to be after corporate greed accommodated AI art, now it's hard to be visible if you can't produce several iterations of art per day while maintaining quality.
Hive is just following BTC and NFT hype, now it's just BTC. The fundamentals are bad and I could create a litany of why but there's no point spreading FUD. One can start with 8 years in existence with still no native smart contracts.
The SPL thing, yeah I think part of the counter was bot accounts getting turned off. I see Hive rally happening if BTC is strong but that's just the automated algos propping up the price.
pa-share na lang ng interesting blockchains to explore if meron hehe
So is this a reality check post or a bearish post😂😂
Building another socials account os kind of draining for me...
I once tried on Instagram and for some reason I just can't stand medium....
X well... I've left X for now....
If hive drops down now...
I wonder where I'll go😂
Both.
Instagram is no longer a good place for self promotion unless you know how to make reels, old post random pics as a nobody no longer works since the algo screwed content discovery.
Should've started entertaining your options months ago~
Perhaps... But meh..
Such are depressive thoughts..
Learning forex now so if hive fails I won't be totally fucked....
My writing would probably enter another social media..
Hahaha, agree.😅 Mas may marami pang nag-seen sa myday mo kaysa sa post mo. Relate much.
I started in a yellow circle, kaya chillax here.🤣
Posting on Hive and earning small nets you more income than not doing it at all, provided that you have no opportunity cost greater if you spent your time somewhere else.
Agree.😊😊 Choose which do you think put more value on your effort.😊
Definitely. I started a youtube channel and tried X basic subscription, except with X, I love to vomit my brain and not sure if it's a good way to grow it. I suppose if you're doing some type of art, X is great for it, you can even do commission. I typically find that stuff a lot more than over other social media.
When I started this phase, I learned to see why some wouldn't jump into Hive even if they're missing out on the social media + pay site, there's a greater audience and minds connecting out there and it's stimulating to be in.
Honestly, I started my crypto journey on a bull run and I was thinking that was how it will continue to be but I was wrong
Well, days like this are normal in the crypto world
I hope it turns green very soon
I'm still bearish about Hive long term, but this isn't me hating the platform or token, it's just the way the markets have been moving and that's all there is.
Love your artwork bro. Lots of views in the devianart site but with minimal engagement. Things are more exciting here in the hive Blockchain. Keep up the greay work bro 👍
I think it's normal for minimal engagement in terms of comments vs views. It's not different from YT videos having millions of views but only hundreds of thousands of likes and hundreds of comments. Some content forms are too simple that a vote/like is more than enough.