You are viewing a single comment's thread from:

RE: I got 99 problems, but HIVE ain't one

in LeoFinance5 years ago

I would say that at this point I am pretty much done with having plans/expectations that Hive is going to "go anywhere." I continue to blog and mostly power up simply because I enjoy blogging, and I have made a number of friends in the community.

As far as this being a monetary proposition, I have pushed that back to only being a possibly very long term proposition... meaning that if I look at what's in my account five years from now and discover that it is worth $100K, I'll probably exclaim "Wow, that's pretty cool!"

That said, you and I were both here and kept plugging away at is as Steem slowly sank to less than seven cents... and the thing I keep in mind now is that there's a helluva lot more going on on Hive in December 2020 than there was on Steem(it) in mid-March 2017, which makes it feel less likely that Hive will just fall into a bottomless pit, passing Dogecoin on the way down. The other plus about the development activity is that if we DO have a spike up, the inevitable influx of newcomers will have lot more reasons (aside from earning rewards) to stay around in the subsequent downturn... if past cyclical patterns are anything to go by.

Sort:  

I continue to blog and mostly power up simply because I enjoy blogging, and I have made a number of friends in the community.

I think that if more people just did this, the price would eventually follow the activity. People can't grind away for low value forever, even though they can consume high price and low value forever :)

The Steem ATL was actually on my birthday in 2017 - I didn't even know the price at the time, as I don't think I started trading anything (I knew nothing before) until the end of March or April.

I really hope that the new people who come in here will find a lot more, plus more fun stuff to do. I think that communities can be great for focusing attention on at the start, both for content creation and consumption.