...I can't help but notice how this token has been stagnant for a while. Which is unfortunate because we had a pretty good start. I can't say I keep with the project as much as I would like to, but it's still a very dear one. I still never understand why it doesn't scale, perhaps DPOS is not a working concept for most? Any thoughts on that will be highly appreciated. All in all, hoping for the best in the upcoming Altcoin Season.
Will Hive Go Up in Value in the Incoming Altcoin Season?
3 years ago in Ask the Hive by elsiekjay (77)
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Someone around here did an analysis -- I think it is in the Chain News feed -- showing that considering how the parent blockchain behaved during the last bullrun, Hive will probably stay flat until the spring in this LONG accumulation phase. I have sort of taken that to heart and just observed ... Hive is SLOWLY grinding its way up like Bitcoin's long journey to $10,000, and its correlation to Bitcoin's ups and downs ARE reflected in the charts ... I can tell if Bitcoin has dropped or bounced by looking at the Hive charts on many days.
SO: Bitcoin has doubled in price since December ... that analysis in Chain News suggests Hive will catch up in March on that, and then keep going. So, I just think of this as time to keep doing what I have been doing ... accumulate a bit, day by day, through January and February, and then we'll see what happens in March.