At this point it seems inevitable, despite the hive price going up almost 50% since the beginning of January. Other projects just seem to be growing faster than us.
Losing the Top 200 spot will not only throw us back to the Top 300 but to Top 400. Places 200-300 are reserved for high market cap coins Coin Market Cap does not like.
Are you worried about losing the Top 200 spot or do you think that it doesn't really matter since only the Top 100 really gets looked at?
I think we all like to see hive growing steadily these past weeks instead of he usual downtrend/stagnation. However the only real project that is making me somewhat bullish for hive is Project Blank, but I think everyday it is not released we run the risk of the alt-coin cycle reversing and thus missing a huge crowd of potential users.
Somebody is trying to sabotage this article by pumping the price of hive a whole cent higher while I wrote this. I think it is still very likely we will lose the Top 200 spot, but hurray for the uptrend!
Posted Using LeoFinance Beta
lel. We're still going to get thrown out of the top 200 but I'm not bothered. We just need to keep building and growing. SOmetimes, taking a step back is the necessary motivation one needs for growth.
Posted Using LeoFinance Beta
Maybe we'll get looked at like a small cap project that is undervalued 🤷♂️?
I think the fact that we're on the major exchanges keeps us visible, and right now that seems to be pumping the price up past 20cents, which is awesome! Also just a bit of positive news, and a new exchange accepting Hive brought it close to $1 for a moment in March! So that alone makes a 5x profit seem possible to anyone looking at our chart, let along if the realize Steem went up to 8.57 last bull cycle! The only thing that might diminish that potential, is the inflation. But Doge coin has inflation too, and look what's happening to it! Plus we've got staking so it's a lot less dumping due to our powerdown time.
I think another place we could focus on, is that with facebook and google being monopolies in a very visible way, Hive is a hedge on that centralized control system. This is literally our time to shine! We also need to get as many WallStreetBets people into Hive and LeoFinance!
Another focus point could be retail adoption. With Elon buying bitcoin, it is very very possible that Hive could see major adoption, especially with no gas fees like the major players. I personally am trying to get longboard companies on, so they can powerup, and give huge votes on anyone making content using their skate gear, but this could go for all forms of content creator sponsorships.
I like what you are saying.
I too hope that with this 2nd big altcoin cycle we might get irrational high prices like we got with Steem in 2017/18.
With the current Donald Trump ban and Project Blank being almost released we could try to make another run at the normie social media market. Getting even just to 1% Facebooks Userbase would 1000x us.
Getting a longboardd company to support content creating skaters here on hive might just be the best idea I ever heard in here! No joke! The ecosystem of hive is meant to do exactly that - built sponsored communities. It is not really meant for just a single content creator bringing his fans cause patreon would be much better for direct support.
Even though I am not a skater I am really looking forward to see how your idea will do!
Well, its not like being on the top 200 had helped in discovery anyway. I think its pretty much top 100 or nothing. It will be fun to watch hive moon despite that, more people will Blane themselves for underrating the coin
Posted Using LeoFinance Beta
yeah I agree that losing top100 is a lot more crucial than top200. Welp the only time I powered down so far was when I recently needed some hive for dcity and I ended up buying most via exchange anyways.
I really think we need a fundamental upgrade before we will see any mooning unless Project Blank is enough to pull up the whole hive ecosystem
Don't look at it so pessimistically, it's going to be fine.
Posted Using LeoFinance Beta
somebody has to be the negative Nancy ;)
Posted Using LeoFinance Beta
We lost already the Top 200 weeks ago, at least at Coingecko. CMC I don´t follow, as they cheated on us wrt the ranking (back then at the Tron "war").
But who cares? Spot 190 or 250 is equally bad. The only imortant metric for a social network is user growth. That´s why LEO is performing, LEO is growing. Hive until recently was not.
I was absent during the war and CoinMarketCap has been annoying by trying to be funny. Look now Tesla is the Nr O crypto...
User growth is the key to success indeed, but current hive is not really something I would want to recommend to anyone, maybe LEO but thats only if you are trying to get more info on cryptocurrencies/investing. I really hope Project Blank is gonna be a game changer.
Posted Using LeoFinance Beta
I think currently besides a few projects Hive is pretty stagnant. Doesn't mean it's dead, just means there are a lot more exciting things happening in the crypto world.
We aren't marketing, there is no hype, there is no new twist and we downplay our strengths.
I think the standards of the crypto space have gotten higher in terms of marketing and attention and Hive hasn't answered the door.
In a strong bull market it will likely see some slow growth, but as others outperform on marketing and attention it is likely hive will continue to fall.
Posted Using LeoFinance Beta
cmon man, don't be even more pessimistic than I am :D
I was thinking that we could have a politics branch/theme/area inside Project Blank. I mean Twitter seems to be the golden standard when it comes to politics and it is micro-blogging as well.
Posted Using LeoFinance Beta
Finally someone who shares my pessimism! :D I believe Steem had a good spot in the Top 20 when I joined, pretty rough downfall