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RE: Now might finally be the right time to buy HIVE

in LeoFinance3 years ago

Rant is not the appropiate word, is more a complain in your article, excuse me, I didn't meant that your article wasn't well explained, also your analysis is reasonable given the circumstances. I should revise more my words as English isn't my main language, anyways I do have some reasons to think that you really had bad luck in the time you did your investment, as STEEM was in maximums back then, it's difficult to recover from that.

Respecting to Hive I don't really expect to hit a peak of 100$ 😅, not at least soon but I do have good expectations about this blockchain, you think that can be a permamently devaluated coin but I don't think so, because the lower price hits the bigger opportunity will be for people to build their stake here.

I do really think that if hits 0.06 $ (all time lows) people would invest more here as would be a huge opportunity. In fact I would be selling other assets in order to buy a big chunk if something like that happens.

LEO users also would be very tempted to sell if keeps raising and Hive hits lower values.

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so I dont have LEO automatically (Joined Steemit in 2017). I actually need to make a new account and start over? that's pretty sad if true.

I think the economy of Hive/Steem is proven to not work. There is just too little incentive to buy in and too many ways people make money.

Who is even buying all the HBD/SBD ?

so I dont have LEO automatically (Joined Steemit in 2017). I actually need to make a new account and start over? that's pretty sad if true.

Your Leo account is the same account of Hive, I think that some people was airdropped at the launch of the token, I'm not sure what conditions you needed to be airdropped though.

I agree that the economy needs to be reviewed, especially all the related with HBD.

Who is even buying all the HBD/SBD?

All the rewards are given in HBD and HP, and the DAO is funded with HBD so there is plenty of selling pressure there.