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

in LeoFinance3 years ago (edited)

I respect your opinion here but you act as if the reason the price has gone down has nothing to do with user sentiment.

I would argue that the reason the price went down is that people were way too bullish about it when there was tons of corruption and shitty curation here.

A coin loses value when people lose faith in it. So yeah your sentiment contributes to hive losing value. It’s simply a supply and demand issue.

If you look at the tech and the community we are less broken than we have ever been, but if we lose hope now, game over. I think we have way too much potential to throw that away and we’ve fixed way too much for us to keep falling in value, unless the community and current investors abandon ship now, then yeah, hive is screwed.

The very same argument could have been made for bitcoin in 2018, almost word for word.

If we had started PR from the time Hive started we wouldn’t be down so much, and if we get it together now we will pull it back.

I’m sorry you feel like you wasted your time here. I don’t. I enjoyed all of it, and I made money cause I sold when steem was unsustainably high. And now I’m buying cause I want this place to survive and it can’t without buyers.

Anyway, no disrespect. I just think you should see yourself as an active participant rather as a victim of bearish prices, that how this place works and too few realize it

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For being a new tech platform I see very little innovation in the last 3 years. The only thing that changed is topics became communities which I really don't like.

I think I will just not power down, that's more than most people I know did.