I really don't see it pumping unless something drastically changes. Right now something like 80% of users are selling, DHF is paying out 12,000+ Hive/day most of which is being sold, a lot of which is going to projects that have very few users or does nothing to increase the value of Hive.
yes totally agree with you most of us are selling I personally have started investing in Hive not much but just started. I have seen many user they are kind of close to me sell regularly hive this is not good. They all should wait at least few month.
can't we do anything to stop them to sell 🤔
If someone is selling regardless, they will sell at the lower end price and maybe even lower the price even more to sell faster. While someone is buying on the other end, they are also buying on the lower end causing the price to drop.
If you want a token aggressively, you will bid on the higher side and maybe even raise your price causing it to go up. So while there is always a buyer, if everyone is trying to sell the price just continues to go downward or in Hive's case just doesn't go up.
Super you are accumulating! The stats show many are powering down and leaving. That in itself is not a good sign for the short term. I do hope the HIVE community can make some moves that will be positively viewed by the wider crypto universe. Maybe Leo Finance can help here, though we see Leo is liked (value of Leo is much higher over HIVE), though we also know the trade volume on Leo is super low.
I really don't see it pumping unless something drastically changes. Right now something like 80% of users are selling, DHF is paying out 12,000+ Hive/day most of which is being sold, a lot of which is going to projects that have very few users or does nothing to increase the value of Hive.
Posted Using LeoFinance Beta
yes totally agree with you most of us are selling I personally have started investing in Hive not much but just started. I have seen many user they are kind of close to me sell regularly hive this is not good. They all should wait at least few month.
can't we do anything to stop them to sell 🤔
Every SELL has BUY counterpart. Those coins are not going anywhere. Someone is accumulating them. I'm one of them.
I have no prob with cheap hive
I want them cheeper.
Luv those -70% sales
Gimme More !
I want to be a Hive whale by my next Birthday (July)
Posted Using LeoFinance Beta
Every sell has a buy, but it is not the same.
If someone is selling regardless, they will sell at the lower end price and maybe even lower the price even more to sell faster. While someone is buying on the other end, they are also buying on the lower end causing the price to drop.
If you want a token aggressively, you will bid on the higher side and maybe even raise your price causing it to go up. So while there is always a buyer, if everyone is trying to sell the price just continues to go downward or in Hive's case just doesn't go up.
Posted Using LeoFinance Beta
Super you are accumulating! The stats show many are powering down and leaving. That in itself is not a good sign for the short term. I do hope the HIVE community can make some moves that will be positively viewed by the wider crypto universe. Maybe Leo Finance can help here, though we see Leo is liked (value of Leo is much higher over HIVE), though we also know the trade volume on Leo is super low.