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RE: Opinion on the enthusiasm of Hive (?)

in LeoFinance4 years ago

Good points here. Periodic, organic growth is better than the mooning and crashing that is common on the more popular coins or the coins that rise hard then crash harder. There’s too much focus on getting a quick dollar than there is to get good, long term returns on investment. I think people see too much of the people who have been really lucky and got into various coins early and made millions or even thousands off it. That’s almost like the lottery and those coins, do they have any real utility besides just being money? Often not.

I think hive has a lot of great utility because you have to remember, although the price doesn’t moon, it’s also not collapsing. A lot of people rely on hive for their income, some of it is their sole income so that’s a fair pressure on the price but it’s not crashing.

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Another very important point to remember is that the amount of development happened on HIVE is much larger than most blockchains. Bitcoin is functionally the same as pre bear market days. There has been a lot of work on Ethereum. But from a user perspective, not much has changed. On the other hand we have grown with world's #1 blockchain game and many other DAPPs including a Twitter clone(@dbuzz) and a Quora clone (@quello)

PS: @steemhunt is still a very solid project as well. They have grown far. I have 76,907 HUNT Tokens and I don't plan to sell until they reach at least a $0.10 per Token.

Posted Using LeoFinance

Thanks for appreciating.
Yes these points are valid as well, I agree,
One point I missed out:
We are seeing too many "shills" on social media about Hive.
Though its a nice platform, too many shills will kill the game, as it will appear somewhat like spam.
I think a lot of people here need some finer ways of promoting Hive to get more attention instead of just shilling :)
And also "Quality over Quantity" :)
Some people just post for the sake of posting to earn a few bucks even when they dont have content. :P
That may also kill the game.

Utility
Well, yes, I believe it has a great utility, at least far better than a large number of altcoins out there.