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RE: The value of staking period. Long term perspective.

in #hive4 years ago

Perhaps so. I do buy Hive on the exchanges to transfer between them if i need to.

But there aren't enough investors or at least not big enough ones to outweigh the selling. The selling is another problem that no one wants to fix.


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Selling is a solution for many people.
Probably I will also sell some Hive soon, because I need it.
Nowadays I live in financial discrimination in Hungary.
I receive a low (approximately $250 USD per month) pension-like income (because of my multiple disabilities), but the minimum wage is approximately $550 USD. Nowadays I also work in a 4 hours per day part time job, but my income still does not reach the minimum wage. Hive provides a little additional/alternative income for me, but my income is still below the minimum wage, even with the help of the Hive blockchain.

That's fair enough and I don't think anyone should begrudge selling Hive every now and then.

But i did come across 2 accounts that are getting more than $100 whale auto-votes every day and selling it all straightaway. There are probably a lot more of such accounts. This should be an easy supply side fix.


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I do believe a solution for this is to get phisical stores to accept hive and raise a consciousnes on this stores that they can have their own blog, changuin the way we trade for this social window. More than social masa media.

I think we now have a Hive List token that's like a classified of sorts that allows you to accept Hive payments on your store? That's a start but yeah, like you said, when we have physical stores accepting Hive payments, that would be massive.

I don't know if anyone is working on it but given the fast transaction times and the fact that they're feeless, it seems like a good choice.


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