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RE: Powering Up - An Honest Analysis of Hive that Once was Steem

in LeoFinance โ€ข 5 years ago

Thanks @slobberchops

I do think that this article was positive overall. Positive while being honest is what I was shooting for ๐Ÿ˜‚

I think that the lessons learned during the steem days hold us in good stead. Certainly all of the lessons around abuse and false economy have been well and truly played out for all to see. I think when full on retail fomo kicks in we will be in a strong position to fulfill the value proposition steem always claimed but rarely fulfilled (at least to a huge percentage of the users anyway) - a platform rewarding content on a consensus vote based system.

That is why I'll never stop harping on about vote selling/bidbots. Because it is important to remember what destroyed the value proposition on steem.

Hive is much healthier in this regard, I think that Ned and Justin Sun have a lot to answer for in destroying not only steem's reputation but seriously damaging hive through the whole fiasco.

I'm 50/50 that hive becomes a mega success (financially) like zuckerbook. And if it doesn't, it will be a shame because the community now is doing mainly the right things. 50/50 isn't too bad odds in the world of tech start-ups to my mind ๐Ÿ˜‰

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Cracking 13c is something.. can we manage 14 I wonder.

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ย 5 years agoย (edited)ย 

๐Ÿคž I often take my hive earnings out to bittrex and put them on the hive/usdt market at between 14-16 cents as that market seems to get spike wicks up to the 14 cent mark often.

It has worked out a few times to make some extra hive through selling the spikes and then buying back in when it returns to 11-12 cent level.

What I want to see is hive overtake steem on both BTC and dollar value. I'm sure that JS scam artist is propping up the price of steem somehow using tron.