Sadly I have to agree on that. Its a vicious circle: the more people leave, the more other people follow to leave, since the financial motivation is gone as well. Just as a normal social media platform Hive is not appealing enough, compared with the huge existing ones. The block chain agrument alone is not enough.
Fortunatly I did not sell my HBD because of the huge interest rate. Now half of the account value (currently about $450) is from HBD. The Hive part keeps shrinking in value towards zero.
But never mind, my little silver stack has made up for that - more than just that, in fact.
It’s getting overheated, so we’ll see correction soon I’m sure, but I’m
seeing a long bull market I believe.
These % moves for time periods this year are crazy!
Thats what I thought, too, but it keeps going. The inflation, plus uncertainty about what Imperium Trumpanum will do next, it scares people. And gold and silver is the only reliable asset left. And you can basically trust Trump to do more stupid things in the remaining 3 years of his term. And he might even demand a third term. He doesn't give a shit about constitution and laws. Even if it means starting a war or stuff like that. Thats why I said he is good for gold and silver prices. A correction? Well, perhaps some day.
This is very interesting Arb!
!PIZZA !LADY
Yes, truelly amazing. I bought my first silver for US$ 15/oz - almost exactly 10 years ago.
Also interesting: the change in the gold-silver ratio now.
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LOHtokens.@geneeverett, you successfully shared 0.1000 LOH with @beatminister and you earned 0.1000 LOH as tips. (4/6 calls)
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I dunno, we saw a 13% correction months ago, we’ll see more. But direction is up next years for sure! Just won’t be a strait line for years strait
Hard to tell, many factors can play into this. But I dont see it dropping back to old figures. Simply because of the inflation, that wont go away again.