This is a situation with Tesla. It is the Wall Street crowd versus the retail investors who are looking long term.
In this video I discuss how cryptocurrency was infiltrated with the same mindset. People need to look at Hive, not as an investment, but as a business owner would.
▶️ 3Speak
You make some very sound points here; thanks as always for sharing. 😊
I think an important point to remember is that during bear markets, many tech and risk-on assets are undervalued (I will grant that some are overvalued as well). Looking ahead, if there's a lot of development and innovation going on, as there is on Hive, then it's fair to make a value judgment that an asset can be undervalued. Those who are on the inside will be aware of all the developments, but in order to make Hive as an asset grow quite large, its inherent value has to be acknowledged by outsiders.
I'll certainly play my part in trying to bring outsiders into Hive by playing on different aspects of the network that may appeal to them. I absolutely do see Hive as a potentially large player in the future of social media and want to make sure that it sticks around for the benefit of its users.
Certainly it all is going to come down to the network effect. That is the ultimate driver of value.
However, I feel, in the meantime, there is more infrastructure that is needed.
That said, each day I show up and do my part.
Posted Using LeoFinance Beta
Thanks for sharing these links! I'm actually going to try to incorporate and link some LeoGlossary terms in my introduction post.
I agree with the continued development of infrastructure. A solid foundation is needed to keep the remainder of the structure stable. Fortunately, we have some time before general public interest drives more people here as cryptocurrency prices rise again.
Thanks it all helps.
Posted Using LeoFinance Beta
Also, a small recommendation for LeoGlossary: pinning the main menu and commonly used terms on top of the "blog" and "posts" tab. I had to dig around a bit to find these.
I am not sure I follow.
Please stop by the @leomarkettalk room and drop what you are saying into the comment section there.
That is now being used for Leoglossary discussions.
Posted Using LeoFinance Beta
With how decentralized Hive is, nobody is going to make Hive successful except for us. So in a way, I do what I can because it's what will help the chain. There are a ton of places where your effort doesn't matter like stocks but here on Hive, anyone can help.
Posted Using LeoFinance Beta
On Hive through the tools that I use is like having my own shop. While I am building a social presence and I operate on a small scale, I can at any time switch to a business-oriented project while already having a solid following base. So many opportunities, just need to take a leap and start building something alongside what we are already doing.
Posted Using LeoFinance Beta
Yeah, I observe that it's easier to grow one's HP this time than in the early months of last year.
Posted Using LeoFinance Beta
Yeah the amount of Hive Power is spread amount less users most likely.
Bear markets are a great time to build.
Posted Using LeoFinance Beta
Glad to be among those that watch this video
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Summary:
Task discusses the difference between viewing assets like Tesla and cryptocurrencies like Hive from a business perspective versus a market perspective. He points out the disconnect between Tesla's record deliveries and the stock's performance, illustrating how market pricing may not accurately reflect the true value of assets. Task emphasizes the importance of evaluating projects based on their development and progress rather than just token prices. He highlights various projects within the Hive ecosystem, mentioning names like Block Trades, LeoFinance, 3Speak, Core Development, and more, stressing the significance of understanding project plans and roadmaps. Task underlines the potential for significant growth in Hive, urging viewers to focus on actual builders and developers within the ecosystem.
Detailed Article:
Task starts by comparing the perception of assets like Tesla and cryptocurrencies like Hive between Wall Street investors and business-oriented individuals. He uses Tesla's record quarter in deliveries as an example to showcase how market valuations can be misleading. Despite positive performance, Tesla's stock is down, highlighting the irrationality of market sentiments driven by fear and greed.
Drawing parallels to Tesla, Task delves into the misconception that the value of cryptocurrencies like Hive is solely indicated by token prices. He dismisses this notion, pointing out the importance of focusing on the progress and development within the ecosystem rather than fluctuations in token values. Task mentions several projects within the Hive ecosystem, such as Block Trades, LeoFinance, and 3Speak, emphasizing the diverse initiatives and plans in place within the community.
Task stresses the significance of understanding project roadmaps and plans, highlighting the efforts of builders and developers in driving the growth of the ecosystem. He acknowledges the challenges faced in evaluating projects within the cryptocurrency space, particularly due to the ongoing development of infrastructure. Task encourages viewers to ignore market noise and concentrate on tangible progress made by project teams.
Furthermore, Task underscores the exponential growth potential of Hive, citing the importance of active users and the development of social media apps within the ecosystem. He anticipates significant growth in user adoption and engagement if marketing efforts are enhanced. Task paints a positive outlook for the future of Hive, envisioning a scenario where multiple apps attract thousands of users, contributing to the overall growth of the ecosystem.
In conclusion, Task advocates for a focus on developers, builders, and active community members within the Hive ecosystem. He urges viewers to pay attention to actual progress and development rather than getting swayed by market fluctuations or negative commentary. Task's message emphasizes the long-term potential of Hive and the importance of consistent growth and development within the community.
Notice: This is an AI-generated summary based on a transcript of the video. The summarization of the videos in this channel was requested/approved by the channel owner.