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RE: 95% Of Blockchains Junk: Selling Snake Oil

in LeoFinance27 days ago

Wow! ICP! Impressive price action for a blockchain that claims to be a "third generation." I wonder how many gained and lost their money from that 400 USD ATH down to 13.47 USD now?

Commendable goals:

  • to dismantle big tech monopolies

  • to overhaul the conventional cloud service model, and

  • to create a more decentralized global network.

Aren't these our goals also here on Hive?

The battle between "compelling narratives" and "technological innovation," does not Hive have both?

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So you base the value of something based upon market action? That is ridiculous.

In April 99, Amazon was $4.30, by March 2001, it was 49 cents.

How big a loss is that? What did price action tells us there.

Markets tell you nothing.

I am just stating the facts mentioned in the article. Though I believe in Hive's value proposition, I cannot ignore the excitement that price appreciation gives.