i mean doge coin will go to 3000 and safe, safer, safest moon and cummie will be at least a 100.
😂
Is there a way to compete with that?
We're already competing with it; even if we don't want to. The question is whether we can improve tokenomics so it's actually fun to hold HIVE, instead of feeling like holding a bag of bricks and waiting for the next blocktrades update. People literally gamified crypto on steroids with DeFi and we still have 13 weeks powerdown - incredible.
And before someone says: but, what about HBD savings feature?
That's another coin. I surely can sell HIVE to buy HBD and hold that, but what's the point there for HIVE?
the thing is do we want to compete with stupidity. it is nice when you make money on it but will any of those coins survive next few months (not counting doge, it will probably be here forever, probably not 3000$ :D)
the thing is, hive is unique in few things in crypto, the problem is no one cares about that at the moment. now should we try to transform it to something else that there is 100 other chains like it and try to chase the wave or just stick to what hive does and build on it?
I have no idea, i am not smart enough.
maybe the lack of second layer tokens where you could make safe hive, moon hive and mars hive and sell the story to tiktokers is what we lack.
you don't see any of the "serious" coins trying to chase the stupidity, but you can see tokens on their network.
maybe we should give few k hive to a big ticktoker and tell him/her it will be 5000$ till the end of the year.
on the powerdown issue, i don't really care as i don't have enough hive to really change my life if i cash out, so even if i take profits, it will be from post rewards just for fun.
for someone who if hive goes to 4-5$ has few mill $ i can see why he would not want to powerdown for 13 weeks. now again for that 1 week power down it would be $100k+. i never had that kind of money so it is a bit abstract to me :)