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RE: Bitcoin pushes through $11,800 and remains on track with Stock-to-Flow Model

in LeoFinance4 years ago

I'm sure Hive will get it's day soon, as we start to become more influential with the mainstream audiences using Reddit, Facebook, and so on. It'll take time, and a bucket load of marketing magic to get the good word out!

Speaking of, at least it looks like Hive is staying steady compared to the volatility. BTC broke past $12,000, before dropping 12%. ETH saw a huge rally today, up to about $410, before following Bitcoin's drop, and now falling 20%. Both are back up, and handily in the green still in the last 24 hours.

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Will it though? Many of those platforms are launching their own tokens and trying to figure out how to become more decentralized. If HIVE is really going to steal those users away, it probably needs to happen soon.

Agreed! The heat's really onto us since Reddit's plan to launch ETH token on their site. It's fair to say that while people care about their privacy more than ever, moving into the decentralised movement isn't really necessary. It's not something that they want to do, knowing how much they have to give up.

It's up to platforms like Hive to get people in the know about why it means to be decentralised, and more on how Big Tech's using their data. That education is crucial, and I really think that Hive should do a lot, lot more in terms of marketing.