You are viewing a single comment's thread from:

RE: HIVE all time low, just hit 5 cents. I am buying, powering up, but I think the current model is failing.

in Ecency10 hours ago

It cannot continue... but unfortunately what it feels like is that the ones with power to stop it don't really seem that interested in doing so. We keep seeing huge DHF payouts, we even opened the doors to rectroactive payments... no one in their right mind would invest in Hive nowadays. Like you, I spend a lot of time here, still enjoy playing games daily, but it's painful to see what we are becoming. And yes, we can be just a little community, but for how long? Right now, I would say: burn the DHF in its entirety, or almost all of it.

Thanks for another wake up call, they're in dire need. Cheers!

Sort:  

the ones with power to stop it

Are making enough money to pretend it is not a problem and pretend they are morally superior.

we even opened the doors to rectroactive payments

That exact proposal made me lose a bit of faith in Hive, look at how many top 20 witnesses supported that despite widespread community criticism

https://peakd.com/me/proposals/368

Some people are becoming what we thought Justin Sun would be for Steem.

We don't need to burn the DHF, it is useful for financing in terms of high liquidity and strong bull markets. The thing is, we may not live to see another bull market.