Simple question ๐ค it probably is but is it about extracting weatlh or actually building.
Let me know how many of you actually read it you get upvote for every real comment
Is the hive community surviving this?
4 days ago in #building by gogreenbuddy (70)
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There are always 100 reasons for weak investor to panic and sell (extract). But the same reason becomes an oppurunities for strong investors to buy (build).
Sure but who is building? I feel most are just cashing
Relatively few builders as in developers. Lots of content creation but thatโs just not as valuable as the work being done by coders.
There's many building, some extraction is okay imo as long as they're putting in value and effort and leaving something behind for the future users.
I think many will still be here and continue even after another -50% decline in price.
The community is going to survive, we know that. We've been through worse. The other question: extracting wealth or actually building, well, some have been here to extract from the beginning, those are going to extract, while others are building. It depends on the person. Those who are extracting and consider it's not worth it at this rate, are free to ... leave.
Probably about the best time to have a good look around, pick up on areas that need improvement. Think about the problems in the future and clear a path, so we don't end up right back here again. Why wait to come up with solutions?
"This isn't the first time and won't be the last," is the old adage that leads us here to today.
It's also a difficult period to tackle issues. Often others view those critiquing the current environment as people stressed about price.
Yet some of the problems persist regardless of token value. Hard to watch people convinced this is just a necessary part of life. That's just a sign of being desensitized.
Should come out of this bigger and better than before. Not just sit around waiting for number to go up.
I think like every bear and crash it exacts a toll on the community at large but I think it will survive once more
This is a tough time in the crypto market, and Hive is also impacted. People who are here just for short-term extraction might leave, but those who are real investors will stay because they know that returns are way higher in the long term. Certainly, this is not the time to extract, but rather to build more HP.
Wealth is something that is built, not earned, which takes time, along with patience and belief.
This is undoubtedly a difficult time from the perspective of the entire Hive community, but I have decided to take this as an opportunity and focus on building wealth while staying invested.๐๐ผ
I think we'll continue to bottom bounce for at least a couple more years. Maybe someone will actually make a fun game that will revive the chain, but as long as it's just a blogging platform with gatekeepers, meh, it's not going anywhere good.
I sort of agree with you, I don't even know why I keep coming back to hive but ok :)
Hive as a platform is still sound, but the crypto markets are fickle and it's 'old news' now. I don't see many other real alternatives to the corporate platforms and I've had too many issue with those. Plenty of people are building on Hive.
It's nie to see the comments , maybe I'm just missing the builds.
I sometimes see little things change or data stuff, but reasons to join hive I don't see much after all splinterlands and leofinance.
Maybe it's me ๐
We each have our own reasons for being here. I've run my own blogs before, then seen Google shut down multiple platforms, then Tsu collapsed, but I get better engagement here than anywhere else. I've met so many cool people along the way. That has value to me.
My guess is about 30% extracting and 70% building. 10% margin of error either way.
Even at these prices, I believe that people who are active on Hive are here to build. People who comment and are still developing projects can't have any other purpose. At least that's how it is for me.
The community, yes. The coin? Hopefully. The good thing about low prices could be that a lot of extractors are shaken out because they can't make as much money. Meanwhile, those who are here to build and create content probably don't mind as much. Or at least I hope so :-D
It still looks pretty strong from where I sit.
It's difficult time but right now I am focused on building wealth. Not a good time to extract wealth.. Cheers
Well, I did read it, hoping for something worth the reward this tweet has :)
here to build it! :)
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STOPTesting times but also fun times.
It's a good time to build with low hive prices. There are more Hive in post rewards. In contrast, low prices will probably discourage extraction in the short term.